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    2024 Skills Report 19

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    Amina Matin
    2024 Skills Report 11

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    © All Rights Reserved
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    2024 Skills Report 19

    Uploaded by

    Amina Matin
    3 views1 page
    2024 Skills Report 11

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    © © All Rights Reserved

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    PDF, TXT or read online from Scribd

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    2024 Skills Report 11

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    3 views1 page

    2024 Skills Report 19

    Uploaded by

    Amina Matin
    2024 Skills Report 11

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    Skills Fitness: Powering the Skills-Based Organization with Performance Data 19

    Overall, 82% of respondents say technology plays a significant (32%)


    or moderately important role (50%) in alleviating the skills shortage,
    What technology do you and 86% use tech to assess and track skills.
    use to assess and track
    employee skills? Only a third of companies with over 1,000 employees rely primarily
    on a combination of HCM systems and purpose-built performance
    500-1K employees management solutions. These organizations tend to rely more on a
    combination of in-house tools and standard software platforms
    1,001-5K employees
    (45% or more).

    5,000-10K employees

    Over 10K employees


    Consider this:

    Completing the skills puzzle


    The right technology serves as the missing puzzle piece that completes
    the picture of your in-house skills and potential. And, it allows everyone
    to contribute to the puzzle’s completion.

    Performance management tools with integrated talent profiles give


    employees a clear, real-time view of their skills. By actively updating
    and reviewing their profiles, employees can take ownership of their
    50% 36% 34% 37% development journey. This visibility empowers them to align their
    personal growth with organizational objectives, helping them track their
    We utilize HCM software and progress and identify areas for improvement.
    purpose-built performance
    management for skill assessment
    and tracking, providing detailed AI-assisted talent profiles offer managers a comprehensive and easily
    analytics and insights into accessible view of team capabilities, enabling them to make informed
    employee capabilities. decisions about coaching and development. Talent profiles simplify
    the process of assessing skills, guiding managers to set more relevant
    development goals and track team growth over time.

    For HR leaders and organizations, the right technology surfaces the


    available skills, those under development, and the ones that are
    needed. It also allows HR to link the strategic needs of the business
    throughout the organization down to the level of individualized
    employee development plans.

    39% 50% 47% 45%


    We use a combination of in-house
    developed tools and standard
    software platforms to assess
    and track employee skills, ensuring
    comprehensive coverage
    and customization.

    Back: Table of Contents Finding 6

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