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Different in Degree: Closing the Talent Gap with Alternative Credentials
With looming and potentially long-lasting unemployment as a result of COVID-19, both workers and organizations must reconsider the credentials they have and those they need now and in the future. Job losses as a result of the COVID-19 crisis may tempt employers to cherry-pick workers with traditional qualifications. Relying solely on traditional talent pools may be a shortsighted strategy for any company likely to find itself in turbulent and even chaotic conditions. By all means, they should scoop up rare talent that might become suddenly available, but companies would also be wise to look for diverse talent to help them adopt fresh thinking and recognize new opportunities.

EXECUTIVE SUMMARY

A college degree has long been thought to be the primary credential for professional careers, a ticket to employment, and a filter for hiring requirements. However, many employers have come to realize that degrees may not offer comprehensive insight into what an individual can do.

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AUTHORS

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Deb Cohen, PhD

Consultant and Distinguished Principal Research Fellow
The Conference Board

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Robin Erickson, PhD

Principal Researcher, Human Capital
The Conference Board


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