Half of Aussies believe their employers are maximising their potential
Business innovation isn’t just about purchasing the latest technology – it’s also about developing workers who possess a balance of technical and people skills, Commonwealth Bank’s 2019 Business Insights report suggests.
Three out of four Australians (76%) on average are confident they possess the right skills to meet new business demands, especially if these require competencies such as interpersonal or critical thinking skills.
The percentage of Aussies who believe they are equipped for the future of work rises to 86% among those working for innovative companies.
Skills |
Employees of non-innovative firms |
Employees of innovative firms |
Communication & interpersonal skills |
60% |
65% |
Adaptability & flexibility |
57% |
64% |
Critical thinking, problem solving |
59% |
56% |
But while workers recognise the value they bring to the business, only 51% believe their employers are making full use of their potential.
Those who work for future-ready organisations (62%) have a slight advantage, however, considering how their employers invest in learning & development programs.
Employees of innovative firms believe they are given continuous training opportunities in order to keep them innovative, creative and competitive. They are also more likely to enjoy special benefits such as workplace flexibility and wellbeing initiatives, the report said.
“There is therefore a substantial opportunity for all organisations to better leverage (or further develop) the skills of their employees to drive change,” the researchers wrote.