This highlight video is from May 31, 2024 session Peer Review: Strategic HR and Talent Process Optimization for Enhanced Organizational Success
Session Focus: Unlocking Potential: Navigating the Skills-Based Talent Value Chain for HR Leadership
This session provided a candid look at the difficulties organizations face in moving from discussing a skills-based talent marketplace to actually implementing it across the enterprise. While the vision of having skills as the cornerstone of workforce management is appealing, as Nick stated:
"Creating a skills-based talent marketplace as the cornerstone of workforce management is widely discussed, but implementing it in practice is challenging." -- Nick Allen
Source: St. Charles Consulting Group
Three key takeaways emerged on why this shift is so difficult:
- Implementing an integrated, skills-based talent management strategy across an entire enterprise is extremely challenging, but focusing on specific high-impact areas or pain points can be a good starting point.
- Getting true leadership buy-in and making skills an urgent priority is critical, as is determining the right level of granularity for defining and governing skills data across different talent processes.
- Harmonizing skills with performance management processes and how leaders evaluate success is important to reinforce the culture and mindset shift required for a genuinely skills-based approach.
The session highlighted the complexities in trying to develop consistent skills taxonomies, integrate them into processes like performance management and career development, and ultimately enable a true skills-based talent marketplace. While the end vision is enticing, the realities of implementation across an organization require significant change management.
