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…
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…
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…
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...
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...
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…
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…
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…
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 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…