Accenture, a leading global professional services company that helps the world’s leading organizations, and ETS, a global education and talent solutions organization that enables lifelong learners to be future-ready, are collaborating to deliver a new end-to-end talent management solution designed to empower the future workforce while also enhancing the way organizations source, manage, upskill, and grow talent. To address the growing global skills gap, this new approach to skills training and assessing job readiness will help people advance their careers by expanding and enhancing their skill sets.
Through a global strategic initiative, Accenture and ETS plan to introduce a consistent, reliable approach to measuring job skills and matching workers with relevant work positions. This new skills-based learning and assessment model brings together the power of ETS Solutions’ AI-enabled talent measurement solution Futurenav™ and other ETS measurement and credentialing solutions with Accenture’s LearnVantage learning and skills development platform.
The new end-to-end talent management solution will draw on the expertise of ETS, a global leader in the measurement, credentialing, and certification of skills, as well as LearnVantage’s comprehensive capabilities, to drive talent reinvention. Futurenav and LearnVantage’s combined capabilities will help organizations measure the durable and technical skills of their current and future prospective employees, leveraging actionable insights to grow in today’s evolving AI-first economy while achieving greater business value. The new offering will establish a global model for skills-focused, data-driven employability — backed by ETS’s trusted and securely administered proctoring capabilities.
Speaking on the collaboration, Kishore Durg, Global Lead of Accenture LearnVantage, said:
Together with ETS, we’re seeking to introduce a new consistent, reliable approach to assessing and mapping talent to roles. Hence, people will be better positioned to find employment, and employers will make more informed talent decisions. This offering has the potential of AI-powered talent management, assessment, and learning to change how future global skills-based workforces are built.
According to World Economic Forum data, 50 percent of today’s global workforce needs upskilling or reskilling to remain relevant. This figure could reach 90% by 2030. Failure to address this issue could result in a staggering global GDP loss of up to $15 trillion in 2030. To this end, Accenture and ETS will provide organizations with powerful learning, skills measurement, and talent management tools and capabilities that enhance their decision-making around:
- Emerging talent evaluation with data-backed recommendations;
- Internal talent skilling and talent mobility;
- Efficient talent management and workforce planning; and
- Education and skills pathways.
Michelle Froah, Senior Vice President of Corporate Solutions at ETS, added:
Our collaboration with Accenture is about transforming the talent ecosystem to change the perception of what it means to be qualified for the jobs of today and tomorrow. We are building a future where we recognize human potential and empower people to realize their promise. Futurenav and LearnVantage will serve as the core pillars of our solution offerings, using AI-powered measurement expertise to map the skills and strengths of today’s workforce – uncovering gaps and providing more equitable access to opportunity.
LearnVantage, which began in March of this year, is transforming how global corporations, governments, and organizations approach talent management. It assists firms in fostering a learning culture by allowing employees to explore technology, functional, and industry skills. Personalized learning routes and certifications train highly qualified personnel to meet expanding talent needs, resulting in future growth and lasting impact. Its platform offerings respond to significant talent shortages in critical technology domains such as cloud, data, artificial intelligence, and security.
