KPMG on why companies are prioritizing digital over workforce training - Business Insider

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KPMG's US chief explains why CEOs are putting more focus on digital investments over workforce training

The coronavirus pandemic forced many companies to quickly accelerate digital projects to support the pivot to remote work, as well as shifting consumer demands and expectations.

74% of CEOs surveyed reported a prioritization in funding for new technology, while just 26% listed training employees in new skills as a focus. Of the 100 US CEOs surveyed by consulting giant KPMG for its annual outlook study, 74% reported a prioritization in funding for new technology like robotic process automation , while just 26% listed upskilling employees as a focus.

 

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