Building and Maintaining a Skills Database: Importance & Challenges

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Over 70% of global executives told i4cp that skills shortages pose the greatest potential for disruption to business over the next three years—ahead of inflation, supply chain interruption, geopolitical instability, and other factors. Unfortunately, most of those organizations said they don’t know the skills of their current workforces, what they will need in the next one to three years, or how to effectively bridge any gaps.  Building a skill database can help identify skills from existing data, and match skills to jobs, roles, gigs, projects, learning opportunities, and more.  This session will present for discussion the challenges and opportunities for building and maintaining a skill database.

Why create and maintain a skills database? What are the benefits?

  • Talent mobility.
  • Employee development and career paths.
  • Supporting a learning culture.
  • Leverage hidden talents.
  • Strategic planning.

Who are your "skills" stakeholders?

  • Line leaders (functional/regional)
  • Learning and development
  • Talent acquisition and hiring managers
  • Performance management
  • Compensation / total rewards
  • Workforce planning
  • Succession planning
  • C-Suite and Board
  • Employees themselves
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