We all certainly know that business and government leaders have been challenged by a digital skills shortage for years. The scarcity of tech talent has been caused, in part, by the rapid business changes of the Fourth Industrial Revolution, the effects of COVID-19 and the Great Resignation that followed. Now, with the added threat of economic recession, the digital skills gap has only gotten harder to fill. The 2022 Digital Leadership  report published by Nash found almost 70 percent of digital leaders globally felt they couldn’t keep up with tech trends due to a lack of skilled labor. 

During this Fourth Industrial Revolution, more and more companies have gone from just talking about the need to transform to primarily digital processes and practices to beginning their journey. Unfortunately, many are finding they have not yet created, hired and grown the technical talent they need. These digital transformation challenges were also accelerated by COVID-19 with companies having to learn to sell, serve customers and run their business remotely. And of course, the pandemic also caused many people to reassess their work/life balance and professional priorities. 

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