Skills-first talent management is an approach that focuses on people’s skills and competencies throughout the talent life cycle, regardless of how or where those skills were acquired. For example, organizations that use skills-first strategies have moved beyond specific degree requirements in hiring and promotion decisions and, instead, evaluate candidates based on the skills they have, whether those skills were acquired from past jobs, volunteer opportunities, life experiences, or their own personal upskilling.
Skills-first talent management looks different at various levels of the learn-and-work ecosystem:
According to Grads of Life, more than 60 employers (and the number is growing) are embracing skills-first practices, including Accenture, The Adecco Group, ADP, Airbnb, Allstate, American Express, Amgen, Aon, AT&T, Bain & Company, Bain Capital, Bank of America, Berkshire Hathaway, Bright Horizons, Blackstone, Care.com, Cargill, Caterpillar, Chub, Cisco, Clario, Cleveland Clinic, ConSol USA, Deloitte, Delta, Dow, Eli Lilly & Company, Elanco, Emerald, ERT, Genpact, Gilead, GM, Goldman Sachs, Hika, HP, Humana, IBM, Intermountain Healthcare, ITW, JetBlue, Johnson & Johnson, JPMorgan Chase, Lowe’s, Memorial Sloan Kettering Cancer Center, Merck, NBA, Nike, Nordstrom, Northrop Grumman, PepsiCo, Randstad, Roper Technologies, Stryker, Synchrony, Target, Trane Technologies, United Airlines, Verizon, Walmart, Weill Cornell Medicine, Wells Fargo, Whirlpool, Yum! Brands, and others.
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