In today's swiftly evolving tech-enabled job market, the shortcomings of traditional, often paper-based certificates are becoming increasingly apparent. They are ill-equipped to address the many challenges posed by escalating credential fraud, the proliferation of issued qualifications, and the time-intensive task of verifying qualifications within resource-strapped validation departments. On top of this, they are not keeping pace with the dynamic needs of learners in today’s fast-changing workplace.
In light of these challenges, digital credentials have emerged as a vital solution, reshaping how organizations validate skills and qualifications. In this blog, we'll explore the significance of digital credential platforms in today’s learning and work environments.
The Need for Skill Validation
The nature of work is changing, with potential employers perceiving a gap between academic learning and the skills graduates need to work effectively in the real world.
Employers are, therefore, increasingly looking for candidates with more than just course-based knowledge; they want essential soft skills, too.
According to a recent survey, qualities like effective communication (69%), attention to detail (70%), and listening skills (74%) are among the most sought-after capabilities. Particularly with AI's growth, they are exacerbating the demand for these skills. Deloitte predicts soft skill-intensive occupations will dominate two-thirds of all jobs by 2030, compared to half in 2000.
Yet, with only 41% of workers having completed training that bridges skills gaps in 2023, what could you do to help motivate continuous learning while providing validated evidence of competencies to help bridge the skills gap, as evident above?
What Are Digital Credentials?
Many organisations and educational institutions still use traditional paper-based and PDF certificates that fall short of learners’ needs. As they lack timeliness, it’s difficult for learners to present new skills to employers. And they cannot provide a comprehensive overview of an individual's skill set. [Discover the hidden cost of paper certificates in our blog]
On the other hand, digital credentials are dynamic and versatile digital representations of skills and competencies earned by individuals. As they contain rich metadata, each credential or badge contains detailed information about the issuer, the criteria for earning the badge and the recipient's accomplishments. This allows employers to validate their authenticity and value easily, increasing transparency and credibility.
In addition, digital badges have the flexibility to be awarded for a wide range of learning outcomes, from online courses and workshops to practical skills. This makes them stackable and portable, allowing individuals to accumulate multiple badges to showcase a broad skillset. Real-time updates of digital credentials ensure that individuals' skills and qualifications are always current and accurate, offering them a competitive edge while streamlining verification for employers and organizations.
The Role of Acclaim
The Acclaim platform provides a secure and reliable way to issue, manage, and share digital credentials. The benefits include:
In today's skills-based economy, digital credentials address traditional paper-based certificates' shortcomings by providing a secure, verifiable, and up-to-date representation of an individual's qualifications. They enhance employability by bridging the skills gap and empowering individuals to showcase their abilities more effectively.
If you’re building a digital credentialing program, Credly Acclaim can help support you on your journey. By taking our Credentialing Mastery Assessment, we’ll be able to advise you in three key areas of your digital credentialing strategy: foundation, delivery, and sustainability & scalability. This will be followed by a detailed and personalized report with rich resources to help you transform, adapt, and lead your way to mastering the world of credentialing excellence.
Why wait? Discover how you can build a successful program unique to your organization’s needs with our Credentialing Mastery Assessment.