Now you have a model that people can easily assess against for both upskilling in their current job and also reskilling to learn a new role (career planning and workforce agility). It will define any skill gaps and tell them exactly what learning level of activity they need to develop. It will make them self-sufficient and able to capitalize on intrinsic motivation and a growth mindset. And it tells you exactly what learning content you need to close your organizational skill gaps and position it for future success.
Read MoreIn our experience, using competency models to drive intrinsic motivation for professional development works for everyone. If you look at Dan Pink’s research in DRIVE, it is a human characteristic to be motivated to mastery. It’s why we work on our golf game or learn musical instruments for fun. It’s why open source software and Wikipedia exist.
Read MoreSkills, and how fast employees and companies can learn, are quickly becoming the competitive advantage — and the biggest risk. This is why 80 percent of executives say they are worried about the availability of key skills when it comes to competing in the future. (PwC 21st Annual Global CEO Survey, 2018) And this is why talent development centered on skills and experiences needs to be a priority for us all.
Read MoreAccording to Work Institute's 2017 Retention Report, career development was both the most common reason people left and stayed with an organization. In a tight labor market, the ability to demonstrate that you have systems that promote ongoing career development is a key differentiator, especially for top talent with the skills you need. The easy solution: competency models.
Read MoreDo you know what skills you have in your organization? Did you know that Sam in finance actually designs websites for his kids’ sports teams in his spare time? It may sound obvious, but knowing what skills your employees currently have, and at what levels of proficiency, is the essential first step in skill planning for the future.
Read MoreExperience does not equal competence. Experience equals merely experience. That’s someone who has done something for a long time… not necessarily well.
Read More“Companies can’t be resilient if their workforces aren’t. Building your reskilling muscle now is the first step to ensuring that your organization’s recovery business model is a success.”
Read MoreEnsuring that your existing talent is able to fully utilize all of their current skills and develop their careers is a huge driver of employee engagement and business performance. It also matters for employee retention. Learn how to build a culture of internal mobility to reduce skill shortages.
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