What Skills Are Employers Looking For in 2023? Flashcards
What do employers hybrid work to become?
- More technologically dynamic
- Multicultural
What are the most valued skills by employers in 2023?
STRONG PEOPLE SKILLS AND ABILITY TO WORK WELL IN A TEAM
- Interpersonal skills
- Communication
- Data analysis and interpretation
- Learning, motivation, and leadership
- Strategy and innovation
- Decision-making processes
- General business functions
What are the top two skills candidates should possess, and why?
62% of employees worldwide believe that INTERPERSONAL skills are critical.
59% state that COMMUNICATION skills are highly important.
Being able to foster a goal-oriented community remains as vital as ever, since the core of many businesses revolves around collaboration.
What else do companies seek, beyond competent social skills?
Traits of INGENUITY.
What skills will help companies survive the landscape of unpredictable challenges?
VALUE and INNOVATION, the ability to come up with new, outside-the-box solutions.
Why are data skills important?
Since much of business is now dictated by algorithms.
What technologies are important?
The knowledge of technology, software, and programming, in areas including VR, blockchain, cloud-based tech, and AI.
Are there regional differences in the skills employers seek?
Yes! Companies in Western Europe are more concerned about digital communication capabilities, while those in the US, and South and Central Asia focus more on technological skills.
What skills to finance, technology, and consulting employers look for in new hires?
- Cross-cultural communication
- Ability to speak multiple languages
Employees must know how to communicate effectively and __________.
Employees must know how to communicate effectively and sensitively.
Are there differences between how recruiters in each sector feel about the sufficiency of cross-cultural communication and the ability to speak multiple languages?
Yes!
The majority of tech and consulting employers feel candidates have sufficient language skills, but less of half of tech companies say they can communicate cross-culturally.
As well, less than half of recruiters from finance say business school grads have sufficient x-cultural, multi-linguistic skills.
What do US employers focus on?
- Cross-cultural abilities
- Language skills
- Active listening
Which tech skills are sought after in consulting?
- Cloud-based tech
- Specific programming
- Data visualization
Which tech skills are sought after in tech?
- AI competence
- Machine skills
How can graduates stand out in consulting and tech?
Demonstrating an understanding of other cultures, and a competency in new technologies
