How Do You Understand the Skills of Your Workforce?
David Green 🇺🇦
Co-Author of Excellence in People Analytics | People Analytics leader | Director, Insight222 & myHRfuture.com | Conference speaker | Host, Digital HR Leaders Podcast
How can HR really help the business identify critical skills for the future? The answer won't come from doing the same thing we did 20 years ago; it is really rethinking the job of HR.
Many of the conversations we have on the Digital HR Leaders Podcast centre on skills. Perhaps this isn’t a surprise given that 74% of CEOs are concerned about the availability of key skills, and worried that the shortage of talent will constrain growth. Also the World Economic Forum’s, Future of Jobs 2020 report, predicts that by 2025, 50% of all employees will need to be re-skilled as 97 million new jobs emerge and 85 million jobs will be displaced by a shift in labour between humans and machines.
This pressure translates to HR with, according to Gartner, HR’s top priority being to build critical skills and competencies for their organisation. Our research at Insight222 into the future of workforce planning, found that while nearly all companies want to build a skills-based workforce planning process, only a quarter are actively doing so.
It's timely therefore that this week on the Digital HR Leaders Podcast, I’m joined by Mikaël Wornoo, founder and COO of TechWolf, an exciting HR tech company that uses AI and natural language processing to help solve a perennial challenge for organisations, namely the process of gathering skills data automatically, continuously, and objectively to understand the skills you have, the skills you need and the gap in-between.
If you compare the 11 skills that you get, on average, by self assessing, you get 34 or 33 on average with AI
You can listen by clicking on the image below or by visiting the podcast website here.
Employees expect organisations to assist in their learning and career development and that is what skill data enables.
Throughout this episode, Mikaël and I discuss:
Most organisations get carried away with what skills taxonomy they should use, but organisations that use a pragmatic approach towards that skill taxonomy, and focus on the business problem they want to solve, just provide value more quickly.
Enjoy - and please let me know in the comments section your thoughts and any questions after listening to the episode.
LISTEN TO THE PODCAST
To listen to the Podcast and read the transcript of my discussion with Mikaël, head over to myHRfuture by clicking on this link: How do you understand the skills of your workforce?
WATCH THE VIDEOS
As well as the podcast, there will be a couple of videos available on the myHRfuture YouTube channel highlighting two of the topics Mikaël and I cover in our conversation. In this clip, Mikaël explains how AI can be used to understand the skills of your workforce.
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THANK YOU
A huge thank you to Mikaël for sharing his time and expertise with listeners of the Digital HR Leaders Podcast. You can connect with Mikaël on LinkedIn and find out more about his work by visiting the TechWolf website and TechWolf LinkedIn page.
I also recommend checking out the following articles by or co-authored by Mikaël:
FIG 1: The areas where skills data can be put to good use for the advantage of the organisation and the advantage of the employee (Adam McKinnon and Mikaël Wornoo)
Thanks to TechWolf for sponsoring Series 16 of the podcast, and also Ian Bailie, Manpreet Randhawa, Caroline Styr and the myHRfuture team for creating the Digital HR Leaders podcast and video series.
GET INVOLVED
If you enjoyed listening to this week's podcast episode, I'd be grateful if you could take the following steps:
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CATCH UP ON THE DIGITAL HR LEADERS PODCAST
If you haven't listened to all of the episodes of the Digital HR Leaders Podcast, you can catch up now by clicking on the links below.
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ABOUT THE AUTHOR
David is a globally respected author, speaker, conference chair, and executive consultant on people analytics, data-driven HR and the future of work. As Managing Partner and Executive Director at Insight222, he has overall responsibility for the delivery of the Insight222 People Analytics Program, which supports the advancement of people analytics in over 70 global organisations. Prior to co-founding Insight222 and taking up a board advisor role at TrustSphere, David accumulated over 20 years experience in the human resources and people analytics fields, including as Global Director of People Analytics Solutions at IBM. As such, David has extensive experience in helping organisations increase value, impact and focus from the wise and ethical use of people analytics. David also hosts the Digital HR Leaders Podcast and is an instructor for Insight222's myHRfuture Academy. His book, co-authored with Jonathan Ferrar, Excellence in People Analytics: How to use Workforce Data to Create Business Value will be published in the summer of 2021.
SEE ME SPEAK AT THESE EVENTS
I'll be speaking about people analytics, the future of work at a number of upcoming events:
Strategic Workforce Planning & Organisational Capability Professional
3yExcellent article and podcast which showcases a real practical example of the application of AI to solve a people problem.