4 ways organizations can build a skills inventory

Technology and businesses evolve at a rapid rate, and it is important for organizations to know what employee skillets will allow them to evolve with the times, according to strategy + business.

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Here are four ways companies can keep track of employee skills and focus on which areas need improvement.

1. Create a skills inventory for all employees by breaking down which skills are necessary for the industry and categorizing which employees possess which skills. Leaders should also help their employees quantify the level of that skill, from novice to expert. For larger companies with hundreds of employees there are many digital tools to help with this process.

2. Organize this inventory in an easily searchable database that responds to keyword searches. This will make it much easier to navigate and utilize the data you’ve collected.

3. Analyze the data to find what skills your organization is strongest in and which areas you need to focus on.

4. Plan for the future and create a strategy that acknowledges your organization’s skill deficit areas.

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