We get it. Skills Intelligence is a relatively new concept and there might be a few misconceptions related to it. So we’ve gathered a few of the most common myths surrounding Skills Intelligence and will break them down together here.
Myth: Skills Intelligence tools predict only immediate skill needs.
Reality: We want to play the long game here: long-term business development, long-term organizational growth. So no, it’s not just about uncovering immediate skills needs. We use Skills Intelligence to analyze trends that predict future skills requirements. The process of Skills Intelligence helps reveal what skills already exist within your workforce as well as the skills you need to “build”, “buy”, or “borrow” to stay ahead.
Myth: Skills Intelligence is only useful for large enterprises.
Reality: We’re here to help businesses no matter big or small. Small businesses can equally leverage Skills Intelligence to enhance their workforce transformation strategies and remain competitive. In fact, having the right skills and knowledge of what skills are needed provides a strong foundation for small businesses — giving them better and stability to scale.
Myth: Skills Intelligence replaces the need for human HR professionals.
Reality: Skills Intelligence is not a threat to Human Resources — it’s designed to be a complementary tool. We understand that there’s a degree of irreplaceability in human expertise, and Human Resources should be led by people. The insights gathered from Skills Intelligence are meant to support and enable HR professionals to make more informed decisions and focus on strategic tasks.
Myth: Only tech industries benefit from Skills Intelligence.
Reality: Just because Skills Intelligence leverages technology and data insights doesn’t mean it only benefits tech industries. All sectors, from healthcare to manufacturing, can leverage skills intelligence to optimize their workforce according to industry-specific needs. In fact, we’ve collaborated with other organizations, such as the CNIC and this leading energy company, utilizing Skills Intelligence to gather insights and generate recommendations to support workforce transformation efforts.
Myth: Implementing Skills Intelligence is too complex and expensive.
Reality: If you think about it, not being aware of the skills gaps within the organization or underutilizing existing skills might be more costly in the long run because more resources are spent in the wrong areas. Furthermore, that’s why we’re here to help! With various scalable solutions available, businesses of all sizes can integrate Skills Intelligence in a cost-effective manner.
We’re here to help make Skills Intelligence accessible to your organization, and we’re happy to continue explaining why Skills Intelligence would be a game changer for your business development. If you’re ready to start your journey (or even just learn more), reach out to us!
Want to learn more about Skills Intelligence? Check out a few of our favourite blogs on the topic: