Saturday, February 12, 2022

g-f(2)929 THE NEW WORLD (2/12/2022), HBR, Skills-Based Hiring Is on the Rise




ULTRA-condensed knowledge


"g-f" fishing of golden knowledge (GK) of the fabulous treasure of the digital ageThe New World, Skills-Based Hiring (2/12/2022)  g-f(2)426 



OPPORTUNITY, HBR  

EXCEPTIONAL “Full Pack Golden Knowledge Container”


Skills-Based Hiring Is on the Rise


The benefits of fewer barriers.


  • The reset that’s taking place in hiring today is vitally important. 
  • If we want to increase equity in the labor market, one important way to do it is by removing barriers to well-paying jobs — and there’s no question that in recent years one of those barriers has been inflated degree requirements.
  • All companies have different needs, of course, but as they write job descriptions and assess candidates they should carefully assess the value of the blunt and outdated instruments that they’ve been using, and the assumptions they’ve been making. 
  • A successful reset will represent a win-win: Previously overlooked workers will be able to pursue attractive career pathways even without a four-year degree, and companies will be better able to fill jobs that need filling.


Genioux knowledge fact condensed as an image




References





ABOUT THE AUTHORS


Joseph Fuller


Joseph Fuller is a professor of management practice and a cochair of the Project on Managing the Future of Work at Harvard Business School. He is also the faculty co-chair of HBS’ executive education program on Leading an Agile Workforce Transformation.


Christina Langer


Christina Langer is a visiting research fellow at the Project on Workforce, at Harvard University; a PhD candidate at the Catholic University of Eichstaett-Ingolstadt; and a guest researcher at the ifo institute, in Munich.



Matt Sigelman


Matt Sigelman is the president of the Burning Glass Institute, which advances data-driven research and practice for the future of work and workers. He is also chairman of Emsi Burning Glass and a visiting fellow at the Project on Workforce at Harvard University.



Extra-condensed knowledge



Lessons learned, HBR  


Two decades ago, companies began adding degree requirements to job descriptions, even though the jobs themselves hadn’t changed. 


  • Early in the 2000s, a significant number of employers began adding degree requirements to the descriptions of jobs that hadn’t previously required degrees, even though the jobs themselves hadn’t changed. The trend — sometimes known as “degree inflation” — became particularly pronounced after the Great Recession of 2008-2009, at which point leaders in government, business, and community-based organizations recognized that a reset was in order. Many large corporations soon announced that they would eliminate degree requirements in much of their hiring.


Condensed knowledge




Lessons learned, HBR  


Employers are indeed resetting degree requirements in a wide variety of roles.


  • We partnered with Emsi Burning Glass, a leading labor-market data company, and analyzed more than 51 million jobs posted between 2017 and 2020. What we’ve learned is that employers are indeed resetting degree requirements in a wide variety of roles. The change is most noticeable for middle-skill positions — defined as those requiring some post-secondary education or training but less than a four-year degree. To a lesser extent, the change is also noticeable at some companies for higher-skill positions. (The full report on our findings can be accessed via Harvard Business School, on its Managing the Future of Work project home page, and via Emsi Burning Glass, here.)



Some relevant characteristics of this "genioux fact"

  • Category 2: The Big Picture of the Digital Age
  • [genioux fact deduced or extracted from HBR]
  • This is a “genioux fact fast solution.”
  • Tag Opportunities those travelling at high speed on GKPath
  • Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).
  • Type of validity of the "genioux fact". 

    • Inherited from sources + Supported by the knowledge of one or more experts.


References


“genioux facts”: The online programme on MASTERING “THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)929, Fernando Machuca, February 12, 2022, blog.geniouxfacts.comgeniouxfacts.comGenioux.com Corporation.


ABOUT THE AUTHORS


PhD with awarded honors in computer science in France

Fernando is the director of "genioux facts". He is the entrepreneur, researcher and professor who has a disruptive proposal in The Digital Age to improve the world and reduce poverty + ignorance + violence. A critical piece of the solution puzzle is "genioux facts"The Innovation Value of "genioux facts" is exceptional for individuals, companies and any kind of organization.




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