Companies Fail to Meet Business Goals: Only 10% Have Essential AI Skills

Breaking News: Skillsoft Survey Reveals Only 10% of Companies Have the Right Skills to Meet Business Goals A recent survey by Skillsoft has exposed a stark reality: only 10% of companies believe their teams possess the necessary skills to meet business goals within the next one to two years. The Global Skills Intelligence Survey, conducted by an independent market research firm, polled 1,000 global HR and learning and development (LD) professionals whose organizations have a talent development program in place. Survey Findings: Only 10% of respondents believe their teams possess the necessary skills to meet business goals within the next one to two years. Over a quarter (28%) of professionals said skill gaps limit their ability to expand into new markets or increase revenue. The survey was conducted between January and March 2025. Immediate Impact: The findings have sparked an urgent call-to-action for businesses to upskill their talent. "Business leaders must start upskilling talent now," says Mark Samuels, Senior Contributor at X Innovation Home. "AI is the key to learning new workplace skills." Background Context: The survey highlights a growing concern about the skills crisis in the age of AI. As automation and artificial intelligence continue to transform industries, companies are struggling to keep pace with changing workforce demands. What Happens Next: To overcome the skills crisis, experts recommend four key strategies: 1. Embracing measurement: Implementing data-driven approaches to assess skill gaps and measure progress. 2. Exploration: Encouraging experimentation and innovation in learning and development programs. 3. AI-powered learning: Leveraging AI to create personalized learning experiences and upskill talent. 4. Upskilling: Investing in continuous education and training to stay ahead of the curve. As companies navigate this critical juncture, one thing is clear: the future of work demands a workforce equipped with the skills to thrive in an age of AI. *This story is developing. Information compiled from Zdnet reporting.*