HR skill mapping – it might be the best solution that you’ve never heard of.
As a manager or employee, have you ever caught yourself thinking, “Wow, I wish we had someone with that particular skill?”. If you have, then you might be surprised to learn that you’re not alone and that there is an efficient way that that gap you identified can be filled.
Deloitte has estimated that strategic workforce planning can save you up to $6 million for every 100 employees. That’s big.
What is Strategic Workforce Planning and Why Does it Matter?
Strategic workforce planning refers to the process of identifying and anticipating your workforce needs, and then taking action to meet those needs. It is a critical component of any business planning, and helps you make informed staffing, training and investment decisions
Strategic workforce planning promotes:
- Stronger and more accurate forecasting
- Better use of existing talent
- Moving from reactive to proactive decision-making
- Bridging skills gaps
- Future proofing your business
What is Skill Mapping and How Does it Work?
Skill mapping is the foundation of any modern workforce planning, and involves visually identifying and assessing the skills of your current workforce as well as your current and future needs. It allows you to zoom out and get a better picture of all of your organisation’s resources, and see where your strengths and weaknesses lie.
By skill mapping, you can quickly assess your talent pool, identify gaps faster and make data-informed decisions about your staffing and training needs.
Skills maps are usually based on competency frameworks which you can create yourself based on existing roles, have created externally or where utilised for digital technological skills – rely on the Australian Government endorsed ‘Skills Framework for the Information Age’.
Skill mapping is a particularly powerful tool for businesses given recent employment and industry trends – for more on what’s been forecasted for 2023 and what employers need to change check out our article here.
Key Benefits of A Skill-Based Approach To Your Workforce Planning
Not only does skill mapping provide clarity and understanding of your staff’s strengths and weaknesses, it also allows you to:
- triage and allocate work more effectively;
- track performance progress of employees;
- take advantage of internal capability and reduce the need for external recruitment;
- reduce turnover by avoiding having existing employees going elsewhere to find opportunities they have aspired to;
- identify employees who would benefit from additional training and support;
- create role profiles (or position descriptions) that will meet your organisation’s needs; and
- improve productivity.
Avoiding The Pitfalls of Skill Mapping
Skill mapping is something all businesses should be considering at their EOFY planning table. For more EOFY considerations, check out this blog here!
0 Comments Leave a comment
Comments are closed.