As the demand for new skills increases, the requalification and reinforcementof skills will allow companies to develop the skills necessary to remain competitive.
A skills portfolio has become the main strategic asset of an organisation and of each of their employees.
Companies have understood the importance to put in place a structured policy of upskilling (or reinforcement) and reskilling (or requalification).
Requalification consists of choosing new skills to develop, in order to meet the skills required by the company.
The reinforcement of skills, on the other hand, consists of giving employees the opportunity to attain a higher level of seniority, involving training and support in the progression of their career.
Although 75% of organisations believe that skills development programmes contribute to minimising the skills gap, they are slow in implementing this due to financial constraints. But if you don’t take action soon, your company’s ability to attain long term goals is at risk if you don’t have access to the skills you need.
Four out of five business leaders identified a lack of essential skills amongst their employees as a risk to development in PwC’s 22nd Annual Global CEO survey.
The Advantages of Skills and Career Development
The introduction of career mobility into your organisation provides many advantages:
Respond to the fluidity of the talents:
Identifying talents which are already available allows you to target skill development to meet your future needs.
The career path allows your employees to declare their own skills and have them assessed internally, revealing potential talents that the company may not have been aware of.
Create a culture of talent mobility:
Today’s talent is looking for organisations who are committed to assuring the development of their career. A mobility and career exploration strategy not only attracts talent to your company, but also triggers an increase in the motivation and retention rate of your employees.
As digital transformation remains strong, an effective career exploration strategy is beneficial for both employees and HR and should be a talent priority for your organisation.
Discovering Cornerstone Xplor
Building for the era of resilience requires agility, skill strengthening and talent fluidity.
Cornerstone Xplor does exactly that and individualises the development of each employee:
- Analysis of skills profiles and aspirations of the employee
- Identify employees by aptitude
- Find career opportunities by cross-referencing skills
- Understand the axes of development
- Identify the routes of mobility and the effort to be made to do this development
- Propose resources to grow
Cornerstone’s Xplor proposition was born to integrate learning experience, talent marketplace, content and career management into one single solution.
Skillgraph, a skills base of 50,000 finely described skills, is at the heart of the platform (sparing you from building and maintaining the skills base).
Xplor is based upon the AI of Skillgraph, the AI of content and the exploration of careers within the organisation.
The first thing you’ll need in order to launch Cornerstone Xplor is a Cornerstone or Saba LMS.
Ready to see the Xplor solution in action? Ask for a demo!
Discover our exclusive webinaire which presents Xplor: Skills, training, mobility: how to support your employees through their future careers?