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The most effective way for mainframe sites to bridge the skills gap is to start using a smart IT Operations Analytics solution that contains built-in z/OS knowledge, instead of having new people spend years learning how to program and interpret static reports in a home-grown toolset.
IntelliMagic Vision is such a solution. It automatically analyzes mainframe measurement data and flags risks and anomalies before it presents the results in a dynamic reporting system, with explanations along the way. This makes both current analysts and new hires way more effective across all areas of the z/OS infrastructure.
Getting new hires up to speed will be greatly accelerated, and the smaller team will be able to spend time on proactive performance and capacity management instead of on firefighting.