Exponential innovation has shrunk the shelf life of technical skills, and the ability to map, track, and deploy talent based on actual capability rather than just job titles has become a competitive necessity. In fact, organizations that successfully adopt skills-based practices are 63% more likely to achieve their business goals.

AIHR

LINK: https://www.hrnewsfeed.com/skills-ontology-what-is-it-how-to-build-one/