Talent Blog

Everything you didn’t feel like googling about Skills Intelligence

Written by Team Talent | Aug 28, 2024 6:39:00 PM

If you’re here because you didn’t feel like getting pulled into different sources to learn about Skills Intelligence, you’ve come to the right place. We’re getting straight into it. Here’s your one-stop guide to all things Skills Intelligence. 

 

What is Skills Intelligence?

Skills Intelligence is the process of gathering information about your organization, developing insights based on current and predicted skill requirements, and providing recommendations to make informed strategic decisions. This enables organizations to optimize their workforce development strategies effectively. 

 

Why is Skills Intelligence important?

From cost efficiency benefits to achieving greater employee satisfaction, the adoption of Skills Intelligence has well-rounded advantages to your organization. We’ve actually broken down 6 different ways that Skills Intelligence can support your business’ growth here.

 

How does Skills Intelligence work?

It involves using various tools to assess and measure skills and competencies within an organization’s workforce, whilst identifying gaps and areas for improvement in the process. After we’ve collected this data, we provide insights to inform strategic decisions around employee development, training, and workforce planning — what we like to consider as the “build, borrow, buy” decisions. 

Talent Skills Intelligence dictionary

Build: Develop these skills internally through training programs

Borrow: Reallocating individuals within the organization or through external contracts 

Buy: Recruit new employees to fill the skills gaps

Once we have those strategic decisions in place, we can work with you to co-develop the appropriate assessments and training programs for your organization. 

 

How do I get started?

Connect with us! Let us get to know you and your organization a little better so we can work together to tailor the outcomes to what your business needs. You might want to check out this list of 5 things to consider before starting your Skills Intelligence journey if you want to come prepared for the conversation! 

 

Will Skills Intelligence replace the HR department?

We know the benefits of technology on efficiency, but we also understand the value of human expertise. If you work in HR, don’t go! We’re here to help you do some of the heavy lifting so you can focus on the bigger picture. Our approach to Skills Intelligence is that it should be complementary to people, support workforce planning, and empower people to make strategic decisions. 

 

Does Skills Intelligence really make a difference? 

We think it does, and our CEO thinks it’s a game changer. We’ve provided some of our partners with insights through the Skills Intelligence process where we co-developed training programs to upskill their employees

 

Is Skills Intelligence expensive?

At Talent, we understand that there are different levels of needs for each organization — we’re all unique! We offer various scalable solutions, so that businesses of all sizes can integrate Skills Intelligence in a cost-effective manner, just connect with us and we’ll work with you to find the right solution for your business.

 

Skills intelligence is more than just gathering data on skills. It's a transformative approach to workforce management that is increasingly crucial in a dynamically changing world. By leveraging precise, data-driven insights, organizations can not only predict future needs but also effectively prepare for them.