Buy, borrow, build – the new approach to talent
As a major supplier of talent services, we’re seeing businesses becoming more interested in understanding and utilising individuals’ specific skills, mindsets, and behaviours rather than traditional qualifications.
There’s a shift to an increasingly agile approach to talent attraction and deployment – one that places emphasis on the ability to access skills at the point of need.
And as artificial intelligence, process automation, and machine learning become part of everyday life, freeing people to focus on higher value activities which require creativity, curiosity and empathy, businesses who attract those with unique kills and attributes will increasingly have the competitive advantage.
By 2025, algorithms and intelligent machines are expected to create 133 million new roles globally, while displacing around 75 million - a net gain of 58 million jobs.
With our blend of buy, borrow and build solutions for talent management, we help ensure you have the right people and relevant skills for today with the agility to respond quickly to the evolving needs of tomorrow.
of business leaders believe that upskilling employees in new and emerging areas is essential
of employees think mindset will become more important than qualifications in getting a job in the future
of employees believe that AI makes the ability to rapidly learn new skills a pressing priority
Employer access to skills: buy, borrow or build?
Buying skills: the traditional approach
Borrowing skills: flexible and cost-effective
Building skills: upskilling employees
We offer a blended approach to the skills strategy
The most successful organisations will blend three approaches to access skills – buy, borrow and build.
At Capita, we ensure organisations realise the true value of their people.To tackle this, we champion the development of transferable skillsets for the future, accelerating support for re-skilling and building a shared base-level of digital understanding across the workforce.
Skills are undoubtedly the enabler of future success. If you wish not only to survive, but to thrive in the future, we can help you put the skills agenda front and centre of your HR strategy.