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RE-EVALUATING YOUR ORGANIZATION’S SKILL GAPS

Human Capital Media
21 Nov 2019
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RE-EVALUATING YOUR ORGANIZATION’S SKILL GAPS

  1. #CLOwebinar The presentation will begin at the top of the hour. A dial in number will not be provided. Listen to today’s webinar using your computer’s speakers or headphones. Welcome to the webinar!
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  5. Presenting Today Katie Miller Marketing Events Strategist BizLibrary
  6. www.bizlibrary.com/demo
  7. Poll Question bizlibrary.com | YOUR ONLINE LEARNING PARTNER 9 What factors are contributing to your skill gaps? A. Employee attitudes B. Lack of qualified applicants C. Technology D. Other (type in group chat)
  8. In this webinar, you’ll learn bizlibrary.com | YOUR ONLINE LEARNING PARTNER 10 -  The factors that could be contributing to your skill gaps, and how to find and address the root causes -  How to re-evaluate what a “qualified candidate” is in order to create more relevant and realistic talent expectations -  How to start uncovering your organization’s skill gaps with a formal assessment -  How to use modern training methods to bridge skill gaps by upskilling your workforce
  9. So, are you ready to find and close your organization's skill gaps?
  10. Main Reasons “Nearly a third of employers say the main reason they can't fill roles is a lack of applicants.” Lack of Applicant Job Description Re-evaluate 1.  The job description itself 2.  Get current employees advice and do research
  11. What are some other factors that could be contributing to your skill gaps? bizlibrary.com | YOUR ONLINE LEARNING PARTNER 13
  12. Are your education requirements more stringent than they need to be? bizlibrary.com | YOUR ONLINE LEARNING PARTNER 14 REQUIRE BACHELORS DEGREE 67% WORKERS WHO HELD A BACHELOR’S DEGREE 16%
  13. Other factors that could be contributing to your skill gaps bizlibrary.com | YOUR ONLINE LEARNING PARTNER 15 POORLY STRUCTURED INTERVIEWS ARE WAGES TOO LOW?
  14. bizlibrary.com | YOUR ONLINE LEARNING PARTNER 16 Other factors that could be contributing to your skill gaps LOCATION RELUCTANT RETIREES PASS DRUG TESTS SKILLED CANDIDTATES
  15. Are your talent expectations realistic?
  16. The reality that learning is for the life bizlibrary.com | YOUR ONLINE LEARNING PARTNER 18 -  Partnerships with vocational schools and colleges -  Build relationships with these schools and programs and offer internships.
  17. 80%Of many Fortune-500 companies interns are hired on as entry-level employees.
  18. Hire for attitude and ability to learn bizlibrary.com | YOUR ONLINE LEARNING PARTNER 20 SKILLS & EDUCATION TEMPERMENT GOALS ATTITUDE
  19. “You don’t hire for skills, you hire for attitude. You can always teach skills.” - Simon Sinek
  20. Which skills are must-haves? bizlibrary.com | YOUR ONLINE LEARNING PARTNER 22 Adjusting the requirements on your ATS “67percent said they don’t feel like they have to settle for a candidate without the perfect qualifications.” 2013 Career Advisory Board
  21. Are your assessments appropriate? bizlibrary.com | YOUR ONLINE LEARNING PARTNER 23
  22. How can a formal assessment help? bizlibrary.com | YOUR ONLINE LEARNING PARTNER 24 ORGANIZATIONS CONDUCT NEED ASSESSMENTS 56% 68% SAY THEY WERE HIGHLY OR VERY HIGHLY EFFECTIVE
  23. bizlibrary.com | YOUR ONLINE LEARNING PARTNER 25 How can a formal assessment help? Poorly conducted needs analyses can lead to training solutions that train THE WRONG COMPETENCIES THE WRONG PEOPLE THE WRONG LEARNING METHODS https://www.xperthr.com/how-to/how-to-conduct-a-training-needs-analysis/6716/
  24. bizlibrary.com | YOUR ONLINE LEARNING PARTNER 26 The results of a training needs analysis provides the employer with answers to the following questions •  What is needed and why? •  Where is it needed? •  Who needs it? •  How will it be provided? •  How much will it cost? and •  What will be the business effect? How can a formal assessment help? https://www.xperthr.com/how-to/how-to-conduct-a-training-needs-analysis/6716/
  25. Internal Evaluation bizlibrary.com | YOUR ONLINE LEARNING PARTNER 27 •  Decide whether you’ll evaluate on an individual or team level, or both. •  Make sure to get managers on board with this process •  Use a well-defined rating scale that gives consistency across skill levels and the level of importance of each skill for the role.
  26. A rating scale example to assess the importance is one like the following bizlibrary.com | YOUR ONLINE LEARNING PARTNER 28 How Important Is This For Successful Job Performance? 1= Not at all 2= A little 3= Somewhat 4= Considerable 5= Extremely
  27. 29 25% of a person’s long-term career success was attributed to technical skills.
  28. How does modern learning help fill gaps efficiently? bizlibrary.com | YOUR ONLINE LEARNING PARTNER 30 SAY LIFELONG LEARNING IS IMPORTANT 82% 40% REPORT THEIR EMPLOYERS DON’T PROVIDE UPSKILLING OPPORTUNITIES Randstad Workmonitor survey (Q3 2017)
  29. “There are many things companies can do to help their employees upskill and prepare for jobs of the future. It is in a company’s best interest to help their people grow in their profession or into leadership roles…” - Michelle Prince
  30. Characteristics of modern learning bizlibrary.com | YOUR ONLINE LEARNING PARTNER 32 INSTRUCTOR-LED AND ONLINE TRAINING LARGE LEARNING LIBRARY ONLINE, ACCESSIBLE WHENEVER VIDEO-BASED, MICROLEARNING REINFORCEMENT TOOLS
  31. How to become a learning organization
  32. How to become a learning organization bizlibrary.com | YOUR ONLINE LEARNING PARTNER 34 Learning Agility & Learning Adaptability
  33. Learning Agility & Learning Adaptability bizlibrary.com | YOUR ONLINE LEARNING PARTNER 35 “[When] it comes to learning, the organization’s role is to create the environment and systems to allow employees to constantly learn and relearn.” – Deloitte, 2017 Global Human Capital Trends
  34. Benefits of a learning organization bizlibrary.com | YOUR ONLINE LEARNING PARTNER 36 MORE LIKELY TO BE FIRST TO MARKET 46% MORE PRODUCTIVE 37% MORE PREPARED FOR FUTURE DEMANDS 58%
  35. Key Takeaways bizlibrary.com | YOUR ONLINE LEARNING PARTNER 37 •  The factors that could be contributing to your skill gaps, and how to find and address the root causes •  How to re-evaluate what a “qualified candidate” is, in order to create more relevant and realistic talent expectations •  A great place to start uncovering your organization’s skill gaps is with a formal assessment. •  Modern training methods can bridge the skill gaps, by upskilling your workforce
  36. Questions?
  37. Identify Your Skill Gaps Video Course From our producer partner, Vado, this is part three of an eight video lesson course, “Building your Career.” This course will help you perform a skill inventory to help you proactively prepare for a career move and increase your chance for future success. By completing this course, you will know how to identify your current skills and capabilities and determine what gaps exist. Building Your Career
  38. Developing B-Players Into Top Performers: This is part 4 of 6 in the Developing B-Players Into Top Performers” video series! This lesson will help you look at your organization, your leadership, your recruiting practices, your tasks and your culture in order to know where you are limiting employees, and where you can improve in order to motivate better efforts. Organizational Examination Comes First
  39. Learn How BizLibrary Can Help Your Organization! Let us know through the poll or survey if you'd like a free customized consultation with one of our product specialists. www.bizlibrary.com
  40. Thank you for attending! Katie Miller Marketing Events Strategist BizLibrary
  41. #CLOwebinar Register for the next webinar! LISTEN UNTIL YOU SWEAT: VIRTUAL REALITY FOR DEEP CONVERSATION Tuesday, December 3, 2019 Webinars start at 2 p.m. Eastern / 11 a.m. Pacific Register for all upcoming Chief Learning Officer Webinars at clomedia.com/webinars
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