3 Trends I’m Watching in Career Development

1. Moving from defining roles to defining skills

The architecture of employment is increasingly shifting from jobs to skills and this shift is accelerating as skills become increasingly important for defining work, deploying talent, managing careers, and valuing employees within organizations. This shift towards evaluating versatile skillsets empowers employees to move away from paving their career path linearly and instead explore their career vision, understand the skills required to meet their goals and leverage the experiences and learning opportunities available to them.

2. The growing role of AI and the concept of marketplace in accelerating career development

As the world of work changes radically and today’s businesses transform faster than ever, talent intelligence systems that leverage AI technology are becoming pivotal in enabling employee development and growth. AI platforms can connect employee skills, experiences and aspirations to a variety of opportunities such as part time projects, learning modules and networking chances, enabling employees to find opportunities that are not necessarily within their line of sight or traditional career paths.

An important benefit is the enhanced collaboration and opportunity for networking that employees gain when taking on projects outside of their immediate teams and business units.

At Teva, we have launched Twist to capitalize on this trend.

3. Maximizing talent potential through the gig economy

Within this fast-changing environment, having the right people at the right time requires flexibility to accommodate different desires, motivations and abilities, maximizing talent potential.

Following the COVID pandemic and to accommodate the preferences of a younger generation of workers, organizations are increasingly called on to provide a variety of part time, project-based employment opportunities. In this evolving environment, employees enjoy more control over their schedules and project selection, allowing them to tailor work to their lifestyles (and even work for several organizations). In return, the organizations gain wider access to talent, foster more adaptable and dynamic work environments and can scale workforces up and down as needed.

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