Today, the supply and demand of skills are unbalanced. Organizations are faced with growing skills gaps, higher costs to hiring and retaining talent.
This New Paradigm For Talent Needs A New Approach.
Without real-time data around the skills they have and the skills they need, businesses waste time, effort and money on the wrong recruits, lengthy hiring cycles, and workforce plans that go out of date almost as soon as they are designed.
They are also facing high attrition, and low engagement and productivity.
of workers’ skills will be disrupted in the next five years.
more job openings exist than available workers in the US – or 1.7 jobs for each jobseeker.
of business leaders say “skills shortages” is one of their biggest talent challenges.
What is Skills-Based Transformation?
Skills-Based Transformation is an enterprise-wide shift to plan, and recruit, redeploy, retain and re-skill talent based on common language around skills.
It means understanding and developing the skills of the workforce, and being able to connect talent to opportunities based on skills, on an ongoing basis.
What Are The Benefits Of Skills-Based Transformation?
01 Become more agile
02 Unlock new talent pools & greater productivity
03 Enhance employee engagement & wellbeing
04 Boost diversity and equity
05 Retain more employees
What Are The Key Enablers Of Skills-Based Transformation?
Stop Thinking About Talent As A Fixed Asset
Develop and redeploy talent where it’s needed most. The ability to move workers into short-term gigs and projects that fill critical business needs, or offer up permanent roles that are a great fit for their skills and interests.
Make The Cultural Shift From ‘Jobs’ to ‘Skills’
Jobs are deconstructed into their underlying tasks, and those tasks can be matched to different individuals’ skills. Managers are incentivized to connect people with opportunities and break down silos.
Build A Foundation Of Dynamic Skills Data
There is a single source of truth when it comes to skills data. Get real-time data on the skills you have – and what you need – to inform hiring, redeployment and development strategies, and to build a skills-first culture.
Create Seamless Digital Experience For Managers, Employees & Candidates
Employees are empowered to own their career journeys, and freed up to do more fulfilling work. Leaders can make smarter talent decisions with access to dynamic insights within the flow of work. Discover how to develop the team’s skills portfolio, when to hire and when it’s faster to source internally, upskill workers, or open a short-term project.
Skills-Based Organisations Are
Get Started With Your Skills Journey
Get 4 weeks of curated content on the basics of skills-based talent strategies directly in your inbox! Featuring the latest research from Forrester, Gartner, Talent Tech Labs and more.
See skills data in action and learn more about the tools, technologies, and strategies that power skills-based transformation.
Hear from other HR leaders about how they are tackling skills transformation and other talent challenges in this curated playlist from The Blueprint.
Watch this webinar to see what skills-based transformation looks like in practice & get tips on building a business case for the organization, ensuring a smooth transition to a skills-first approach.
HR and tech expert Guillermo Miranda discusses talent agility, the importance of human-centricity in technological transformation, and the advantage of being able to learn… and unlearn.
Our latest research prompts a rethink around the value middle managers can bring. Discover where to invest to create empowered, connected people leaders who can address your pressing talent challenges
Explore AI-Powered Talent Lifecycle Management and become a skills-first organization today.
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