Skills Intelligence isn’t just about collecting data — it’s about understanding the skills and capabilities that businesses need to succeed. By analyzing internal and external data sources, your business can uncover skill gaps within the workforce. Knowing what skills already exist within your workforce enables you to identify what skills you need to “build”, “buy”, or “borrow”.
Skills Intelligence helps your business identify the specific skills and competencies they need, and the ways to get it. Businesses can “build” these skills by offering training programs and courses to upskill and retrain their employees, “buy” these skills by hiring new employees, or “borrow” the skills through organizational reallocation of individuals or even contracting for temporary projects.
If the direction is to build these skills, all that data gathered from Skills Intelligence enables businesses to develop targeted training programs and identify the areas to be upskilled. Working closely with a Skills Intelligence partner (like Talent!) allows for personalized programs, assessments, and courses that focus on the competencies that truly matter to your business.
When you focus on the things that are important to the growth of your organization, the result is more time and money saved, less money spent on unnecessary training, and your employees don’t waste time on training programs that cover skills they already have — we see it as an absolute win.
When employees are able to see their employers investing in meaningful upskilling opportunities for them, this can enhance their sense of value in the organization, improving employee satisfaction and retention rate as well. By understanding the skills landscape, businesses can foster a culture of innovation, empowering employees to develop new capabilities and drive forward-thinking initiatives.