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A Proven 5 Step Approach to Solve Skill Gaps
Employee Engagement, Skill Management, Talent Development, Upskill
We’re in a Skill Revolution where Skills are the new currency
According to a McKinsey study, “Sixty percent of global executives expect that up to half of their organization’s workforce will need retraining or replacing within five…
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How to Design a Skill Assessment
Employee Engagement, Skill Management, Talent Development
Skill Management and Talent Development should start with a Skill Definition and leverage Skill Assessments
What is a skills assessment
A skills assessment is a survey or interview measuring skill and knowledge. We recommend a…
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A surprisingly easy way to be a better manager
Employee Engagement, Performance Management, Skill Management, Talent DevelopmentWhat makes a great manager
A great manager comes from many things but a key theme is bringing out the best in their people. Great managers tune into issues, listen and coach, and guide success with a trusted relationship. One of the most important…
![Skill Assessment](https://skillnet.net/wp-content/uploads/2019/09/tablet-thumb.jpg)
How and why to do a Skills Assessment
Skill Management, Talent DevelopmentWhat is a skills assessment
A skills assessment is a survey or interview measuring skill and knowledge. We recommend a 1-5 Likert scale where 1 is emerging, and 5 is mastery. Skill assessment reports help leaders visualize who knows what and identifies gaps where training may be needed to maximize the growth and potential of the individual...
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The SkillNet Effect Infographic
Employee Engagement, Performance Management, Skill ManagementEach year, companies are losing billions of dollars due to underperforming employees and losing top talent.
In a recent study by the Bureau of National Affairs, companies loose $11 billion annually due to employee turnover.
In another study by The Engagement Institute, underperforming employees were estimated to costs businesses between $450-$550 billion a year.
That's a high price tag for companies to absorb.
So what's the answer...
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How to Manage Rapidly Shifting Technology Competencies
Performance Management, Skill ManagementInternet of Things. Big Data. User-generated content. It’s a different world today for technology professionals, and it seems that new technologies and opportunities appear daily that these workers must quickly master in order for businesses…
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What Is The Skill Gap Costing You?
Performance Management, Skill ManagementAccording to a recent study from CareerBuilder, skills gaps cost a company more than $800,000 per year. For clarity, the skills gap is commonly referred to as the frustrating rift between what candidates have to offer and what companies are…
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3 Step Guide to Engage Millennial Employees
Employee Engagement
The average millennial tenure is only two years. The average cost to replace is $24,000 not to mention the down time. With stats like these it's important to have a proactive strategy to increase retention.
Millennials are…
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The New CIO
Performance Management
We've all been there
New in a role with high performance expectations, limited time to make an impact, and with extremely limited knowledge about team capabilities - competencies and skills, strengths, weaknesses, track record,…
![Frequent Performance Review](https://skillnet.net/wp-content/uploads/2015/10/perf-review-300x168-1.jpg)
Frequent Skill Discussions
Performance ManagementPerformance feedback isn’t done frequently because it’s too painful and difficult.
Most companies use annual or semi-annual reviews because the thought of doing that kind of process more once a year is too much to consider. The current…