MT vs. Skills-Based Resume Format?

I am in the process of updating my resume as we are getting ready to shut our operation down. No worries, this was planned and I am on a retention package that keeps me pretty happy. I’ve been working for many years so my accomplishments and experience is extensive. I do keep it to 2 pages. I have an extensive technical career and will be looking for a leadership position like a manager, etc…  

My standard resume follows the MT plan but I have been approached recently by an industry leader with the suggestion of creating a Skills-Based format and am wondering about why this would help me. My MT resume is pretty straight forward and provides the chronological path I have had but it doesn’t push the management strengths I have. I don’t have any employment gaps so I am not trying to hide anything there.

I did create a Skills-Based resume. It was a challenge but helped me see the strengths I have in going into a full leadership position. The overall result seemed to create an active marketing document of myself and brand. This would work very well if I were presenting myself as a consultant which I will be looking into but I am not sure it would be used for the typical job application.

Any thoughts?