Source page: McKinsey & Company

Commentary

Visual form

Vertical bar chart.

Layout / body structure

The chart is a single panel with five vertical bars arranged by timing category from left to right. Read it across from Now through the longer time horizons to see when companies expect skill gaps to occur.

What is being compared

The chart compares when organizations say skill gaps occur or are expected to occur. The categories are immediate, near-term, medium-term, longer-term, and none within the next decade.

Measurement system

The measurement is percent of respondents. Bar height and the white value label inside each bar show the size of each response group.

Visible structure inside the graphic

Five dark navy bars sit on a common baseline with generous spacing between them. The x-axis categories read Now, In next 2 years, In next 3 – 5 years, In next 6 – 10 years, and None in next 10 years, and the bars are labeled 43, 22, 22, 5, and 6.

Main takeaway from the visual

Skill gaps are shown as an immediate or near-term problem for most companies rather than a distant one. The tallest bar is the Now category, and the next two bars together reinforce that many more companies expect gaps soon than far in the future.

Key standout values or extremes

Now is the highest at 43 percent. In next 2 years and In next 3 – 5 years are tied at 22 percent each, while only 5 percent place the problem in the next 6 – 10 years and just 6 percent say none in the next 10 years.

Controls / sequence, when applicable

This is a static chart image with no in-chart controls to operate.

Companion media, when applicable

There is no separate companion audio or video; the chart image is the full visual on this page.


Mind the [skills] gap

Organization

January 27, 2021 – Most companies worldwide—87 percent—are aware that they either already have a skills gap, or will have one within a few years.

87 percent of companies say they have skill gaps, or expect to within a few years (chart)

To view the interactive, see “Five Fifty: The skillful corporation,” January 8, 2021.


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