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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?
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.
A skills inventory is a compilation of work-based and educational information of your employees that can help you and your company:
Are you browsing for a good read that can keep you engaged and informed while providing ample food for thought as we come close to 2023?
