A Skill Gap is a significant gap between an Organization’s skill needs and the current capabilities of its workforce. It is the point at which an organization can no longer grow or remain competitive in its industry inspite of the employees missing the right skill to help in driving business results.
This insight will be in detail about the below.
Skill Gap – Causes
Analysis and Tools
Human Resources Department (HRD) – Intervention in Skill Gap
Outcomes of HRD Interventions
Measures to minimize Skill Gap
Skill Gap Causes:
Based on the attrition rate in India, Berenike and Bion Group have done a research on the market trends and changing mindsets of consultants. Below are the few observations
Changing mindset of the individuals based on various parameters
Lag of Up skilling programs
Educational attainment is lagging the need for skills Signs that an Organization may be facing a Skill Gap:
There is a mismatch between the skills the organization needs and capabilities of the workforce
The number of the highly skilled, specialized jobs needed to take the organization forwardis increasing
Skill Gap Analysis:
Skill gap analysis is an evaluation tool for determining training needs of an individual, group or organization. The analysis reveals the differences between the required and the existing skill levels and the recommended strategies for reducing the differences or closing the gap.
Skill Gap Analysis Tools:
Interview and group Discussions
Company goals and long term plans.
Skill Gap Evaluation:
Comparing the actual factor with the expected reveals the gap in competencies
Skill areas evaluated include responsibilities, duties, tasks, functions and knowledge
Human Resources Department (HRD) – Intervention in Skill Gap:
There are 6 top interventions with respective to HRD in Skill Gap.
Competency mapping exercise
Start from the top
Leadership development Programs
Assessment and development centers
Performance appraisal interventions
Use a participative approach
Measures to minimize skill Gap
One of the direct ways for your organization to achieve peak performance is through a systematic evaluation of your workforce skills in relation to Business operations.
There are some basic steps to maximize your people’s potential and attain organizational efficiency.
Begin with a competency assessment.
Use the competency profiles as benchmarks to identify workforce skill gaps.
Develop a training plan.
To determine the exact skill requirements of each job in your organization. The skill set for each job makes up the competency profile for that role or position.
Identification of Workforce skill Gaps:
Employees can complete a self assessment to be verified by their supervisors who observe their actual performance on the job.
Identify the training needs based on the expected delivery and futuristic vision. Targeting the specific needs of each employee.
Identify business goals
Assessing the critical Skills
Creating a project plan and strategic objectives.
Articulate the desired state
Conduct Focus groups
Comparing the outcomes of expert with outcomes of less experienced personnel
Conclusion: What training needs to be implemented?
Interpreting Data and making recommendations
Then preparing the report that lists the missing skills and knowledge required to complete work successfully.
Preparing training plan to address identified skill gap in the current environment
Skill gaps usually occur when a company strategy changes, mergers and acquisitions.
After analyzing the gap between the current performance and the desired performance levels, effective training professionals design, create, deliver and evaluate interventions.
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