{"id":2381,"date":"2019-04-29T00:00:32","date_gmt":"2019-04-29T00:00:32","guid":{"rendered":"https:\/\/nicguy4.dreamhosters.com\/?p=2381"},"modified":"2021-03-01T10:28:58","modified_gmt":"2021-03-01T10:28:58","slug":"the-importance-of-skills-management-today-and-into-the-future","status":"publish","type":"post","link":"https:\/\/www.skills-base.com\/the-importance-of-skills-management-today-and-into-the-future","title":{"rendered":"The importance of Skills Management today and for future of business"},"content":{"rendered":"\t\t
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Why is skills management of people so important today? To be fair it has always been important, however, today, skills management of employees is both an enabler and blocker to the changing ways in which we work in the US, the UK and the rest of the world<\/p>\n

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At Skills Base we define skills management as the practice of measuring and monitoring the skills of people within a group or organization, for the purpose of developing workforce capability and aligning it with organizational objectives.<\/p>\n

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Key themes that are both impacting the skills and behaviours required to deliver at work include:<\/p>\n

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Digitization<\/h2>\n

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The process of how skills management is performed, if done well, creates a more effective and engaging workforce. This approach captures the various types and levels of skills in alignment with the workplace and the interest of the individual.<\/p>\n

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The power of digital platforms, like cloud based software on global teams means that decisions can be made faster when planning and engaging the individual and the team about existing skills they possess and regarding which projects they are allocated to or what activities they are assigned. Being able to access a database and dashboard in real time provides a competitive advantage to organisations who cannot afford to \u2018fall behind\u2019. Organizations can report on what skills need to be developed and transferred to others; and what skills leave the workplace when a team member resigns.<\/p>\n

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Data Led<\/h2>\n

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The world is increasingly data centric. The rise in roles like data scientists, analysts, developers and other digital professions is estimated to grow by 10% in the next 4 years. It is now the norm to use this data and apply the insights to how organisations transform and make strategic and innovation led decisions.<\/p>\n

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Skills required to operate effectively as an individual, team and partner\/consulting firm are changing rapidly as digitised platforms and processes become more commonplace,Today and into the future we will see a need for:<\/p>\n

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Technology and how it supports us at work<\/h2>\n

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Technological developments and advancements will affect all future workforces. In the last 12 months, new concepts of management have emerged out of world leading educational institutes.<\/p>\n

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One example of the future of thinking and the skills required to action this theory is demonstrated by The Singapore Management University where the Masters and Robots subject offers future leaders opportunities to learn:<\/p>\n