8.5% of annual revenue is being lost as a result of data and digital skills gaps. Businesses everywhere are feeling the impact of a lack of digital skills – and the problem is only rising.
For leaders driving transformational change, skills gaps aren’t just a barrier to growth, they’re also directly affecting the bottom line. In a recent report, Making Every Data Minute Count, 87% of organisations report they either currently have a skills gap or expect to have one in the next few years. So how are leaders confronting the problem? The majority are choosing to invest in their people.
According to PWC, 56% of leaders are putting plans in place to upskill their workforce in technology in 2023. The trend is reflected in the data industry – where leaders are turning to apprenticeships as a solution. In a survey of data leaders, 62% said they were currently focusing on hard skills training, with over a third (35%) planning digital apprenticeships to fill their skills gaps.
By building a strong pipeline of digital talent and upskilling existing employees, digital apprenticeships can help businesses build their internal capabilities – empowering their people with the skills to improve productivity, increase efficiency and identify new revenue streams. And it’s not just the businesses that benefit – the Government has anticipated that for every £1 invested in apprenticeships, the UK economy gets back £28.
At Creative Process, we’re creating a new way to unlock digital transformation, close skills gaps and build a pipeline of digital talent from diverse backgrounds. We work with local Brighton and Sussex employers, helping them address the business challenges that traditional hiring methods won’t solve.
Our method is simple – we recruit, train, and retain exceptional talent through our digital apprenticeships. We offer our programs to a diverse pool of young adults and those looking to reskill and kickstart their digital careers.
Whether you’re seeking to recruit high-potential talent or upskill existing employees, apprenticeships can help you build the right capabilities to drive innovation forward. Get in touch today.
