We all know that recruitment today depends on candidates’ current skill set and experience. But with evolving technologies, how does an organization manage to track which skill set is required for which job role? There coins the term skill management.
What is skill management?
Skill management refers to developing and maintaining skills within an organization.
- To elaborate, skills management refers to the process of:
- Defining individual employee skills and job descriptions.
- Identifying methods for administering tests
Finally, analyzing the results of such tests to map employees into different job levels based on the skills needed for those positions.
Skill management is necessary when companies have many employees with similar skill sets. However, these employees must still be productive and contribute something unique to the team.
Skill management has many benefits for employers and employees alike. For example, a company can save wages by employing fewer individuals with greater skills. Employees can gain job satisfaction knowing they are contributing to the organization. Individuals can gain valuable work experience by completing a skill program.
Finally, it can lead to career advancement opportunities for individuals in the future. Skill management is a systematic effort to develop and keep knowledge, skills, and abilities to achieve business value.
How to stimulate the process of skill management?
Ingredients:
- A defined job role: What does a “good employee” look like?
- Freedom and power: The employee must have the freedom to act within the job role.
- Responsibility: means “accountability for achieving results, not being accountable for failure.” The employee must have the power to achieve these results. It is important to recognize when people are ready for more responsibility and new challenges.
- People who want to learn: If they don’t want to learn, they won’t be able to take on more responsibilities, whether they know how or not. That means planned training and development.
- A good coach: It’s important to recognize that while people want to learn independently, they need someone to guide them through the process. A good coach should share their own experiences with them and give them feedback on how well they’re doing.
- A learning management system LMS, such as TalentLMS, can provide a wholesome solution to all these ingredients.
- An LMS (learning management system) is software that eases online training administration for an organization. It manages the process of organizing, conducting, and delivering training content. Besides, it allows you to create courses and track your learners’ progress through these courses. It allows you to track the success of your training initiatives, measure ROI, and confirm learning. The major benefit of a learning management system is that it is accessible anywhere, anytime.
How LMS can help in stimulating the skill management process
There are many benefits to using an LMS in your workplace for skill management:
- LMS helps in developing an organization-wide awareness of learning and development;
- It helps to create a culture of learning and development.
- LMS aligning employees’ career goals with organizational needs;
- LMS supports the cross-training of employees to ensure organizational success.
- For employees training through LMS can help them understand their job roles better. In addition, it helps them to polish their skills and develop a career plan.
- Management can use LMS to assess the current level of skill set within the organization and develop a future framework.
- With LMS data, Executives can understand if the skill set is aligned with the business needs or not?
- LMS can help HR identify required skills and develop an organizational reskilling or recruitment plan.
In Conclusion:
Although, LMS is an effective tool for managing the skill acquisition of the entire workforce in a company. LMS facilitates effective learning by providing an interface for employees to learn and develop.
In addition, the data analytics and feedback system of an LMS helps in making informed business decisions based on skill management.