McKinsey Talks Talent
Right skills, right person, right role
Oct 24, 2023
McKinsey partner Bryan Hancock discusses skills-based hiring with a focus on evaluating job candidates based on their skills. The podcast explores the rise of skill-based hiring, shifting career paths, skills-based learning, talent diversity challenges, and upskilling initiatives.
26:33
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Quick takeaways
- Skills-based hiring diversifies talent pools by focusing on critical skills over formal credentials.
- Assessing soft skills is a challenge in skill-based hiring, requiring structured interviews and tailored development strategies.
Deep dives
Benefits of Skills-Based Hiring
Skills-based hiring allows organizations to create access to opportunity by focusing on needed skills rather than formal job requirements like degrees. It helps in addressing talent shortages, especially in technical roles, by emphasizing underlying skills over specific credentials. This approach enables a more inclusive economy, expands the talent pool, and attracts a diverse range of candidates, particularly those traditionally underrepresented.
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