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How Do You Understand the Skills of Your Workforce?

By | 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

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