TOGETHER IS BETTER: How Skills Intelligence Connects Human Capital

This highlight video is from March 22, 2024 session TOGETHER IS BETTER: How Skills Intelligence Connects Human Capital

Session Focus: Discover a transformative path to skills intelligence. The session will focus on verified skills data as a critical enabler of alignment across functions and initiatives.

Many believe skills intelligence is becoming the “talent currency” across organizations, tapped by many different stakeholders. We need skills data to be integrated so Talent functions can join forces.

Skills Gears - Operational vs Talent PracticesSource: St. Charles Consulting Group

Recent Brandon Hall Group research, Skills Intelligence: Supercharging a skills-based talent strategy, provides a framework for integrating skills-based talent practices to facilitate using a common language.

In today's skills-based economy, aligning your workforce strategies with business objectives has never been more crucial. In this session, Jackie Brown from ETU shed light on the transformative power of skills intelligence in driving organizational success.

The key takeaway? - "Skills have become the new currency for workplace development and career mobility. The idea is that skills are transferable assets that you can move across different roles, capabilities, and ways of working to create value." - Jackie Brown.

Through engaging simulations and real-world examples, Jackie demonstrated three critical insights:

  1. Skills intelligence and validating skills, especially soft skills, at scale is now possible through technology that can capture "digital breadcrumbs" of skills application in simulations and scenarios.
  2. This verified skills data can be filtered and analyzed in various ways (by organization, team, role, etc.) to pinpoint where skills gaps exist and provide targeted learning interventions.
  3. By validating skills at the point of application, rather than just knowledge or understanding, organizations can better ensure they are building the capabilities needed to solve their key business problems.

The session highlighted the urgency of adopting a skills-based approach to align talent acquisition, learning and development, workforce planning, and performance management initiatives. With skills intelligence as the common currency, organizations can break down functional silos and foster a culture of continuous learning and growth.

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