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  "documentTitle": "Talent trends 2020 Upskilling: Building confidence in an uncertain world Findings from PwC’s 23rd Annual Global CEO Survey",
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  "notes": "The slide is part of a series on talent trends, specifically focusing on the retention of upskilled staff in the context of the 2020 economic environment.",
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      "text": "In the previous CEO Survey, launched in January 2019, close to half of the respondents said they favoured upskilling their own workforce to fill the skills gap. But 12 months later, only 18% said they had made significant progress.",
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      "text": "There was palpable concern among CEOs in this year's survey that they could invest a substantial amount in upskilling only to see valuable employees leave. Overall, 14% of CEOs said this was their biggest challenge, but it was the number one challenge for 19% of CEOs in the sectors of tech, media and telecoms; industrial manufacturing; and automotive.",
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      "text": "An organisation's stated purpose must be more than lip service; a strong commitment to its workforce and to upskilling — particularly now — can reinforce this. Keeping hold of workers with key skills and helping them build, apply and leverage those skills to help businesses remain afloat will be key — but it is only one element of the employee experience. The truth is that if CEOs are worried that their staff will be in demand from competitors, that's a sure indication that their upskilling programme is a success. What may be missing is a plan to make the best use of employees who have been upskilled so they can see the value of their new learning and are incentivised to put it to good use helping their own organisation weather the economic impact of COVID-19.",
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