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Skills intelligence is an HR-tech architecture that makes the best out of an organization’s skills inventory, skills taxonomies, and market skills intelligence. Leveraging a skills intelligence platform can be a pathway for your organization to attain talent transformation.
The clock is ticking as the time-to-hire the perfect candidate continues to increase in every industry.
Lights. Camera. Action.
Skills are slowly turning into rivers. Well, not literally.
What do you think is the best way to reduce the skills gap?
Internal mobility, aka talent mobility, is more than just a buzzword to build a versatile talent pool within an organization. Instead, when your company makes the best out of talent mobility, it can enhance your company’s growth and improve your employees’ performance, retention, and satisfaction rates.
Skills inventory refers to a repository of your employees' skills data containing their educational qualifications, work experiences, certificates, licenses, etc. You can learn more about skills inventory from here.
From leadership pipeline development to workforce restructuring, HR has a crucial role in acclimating and acting on the different business changes brought up by any economic downturn. HR, in short, acts as a catalyst in reducing the impact caused by these economic hurdles.
Skills intelligence refers to the practical usage of up-to-date skills inventory, skills taxonomy, and market skills intelligence to make data-driven and intelligent talent decisions.
44% of skills required for the global workforce to perform their job roles effectively would change by 2025, as per the Future of Works report by the World Economic Forum. Hence, paving the way for skills gaps.
Taxonomies, including the famous Dewey Decimal System for library organization, focus on creating an infrastructure for classification. In short, every database follows a unique organizational technique for its data to enhance ease of use and improve the retrieval experience.
