skills and skill management 2016

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1 Current Trends In Skills & Skill Management June 2016

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Page 1: Skills and Skill Management 2016

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Current Trends InSkills & Skill Management

June 2016

Page 2: Skills and Skill Management 2016

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Executive SummaryIn Q1 2016 TeamFit surveyed more than 100 people at companies of all sizes on how they manage skills within their organization. Follow up interviews were conducted with 20 participants.

Top Skill for 2016

Communication

Active Listening

AskingQuestions

Writing

Sketching

Participating inSmall Groups

Supporting SkillsKey Findings

Skills are poorly managed

Skills are changing rapidly

High-level skills matter

Actions

Invest in skill management

Manage from the bottom up

Make time for reflection

Page 3: Skills and Skill Management 2016

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What is Skill Management?The art of connecting the right people to achieve specific goals & build capability An emerging discipline that connects operations to HR

Based on a deep understanding of what skills contribute to success

Leverages multiple sources of data on skills, roles and work outcomes

Used to build project teams, develop an extended talent network and to inform training, hiring, career paths

Page 4: Skills and Skill Management 2016

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What skills are critical for the future?

Communication

LeadershipManagement

Critical Thinking

AdaptabilityLearningTechnical Knowledge

These are top skills across all industries and job roles in order of frequency. They seem to fall into two categories.

The skills that help you gain other skills (Critical Thinking, Adaptability, Learning).

The skills that help you apply other skills (Communication, Leadership, Management).

Technical knowledge (people actually gave this as a critical skill) seems to be a catch all for the wide range of detailed skills needed across all industries.

Build Skills Apply Skills

Page 5: Skills and Skill Management 2016

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Critical Skills in Business Consulting & Technology

People in both the business consulting and technology industries identified Communication as the most important skill.

But the second and third rated skills we very different. People in technical fields have to continuously learn technical skills. For consultants critical thinking and leadership were seen as the keys. It is encouraging to see consultants identify Empathy as a critical skill.

Business ConsultingCommunication

Critical Thinking

Leadership

Empathy

Technology IndustryLeadership

Continuous Learning

Technical Skills

Page 6: Skills and Skill Management 2016

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Critical Skills by Role

Executives

Communication

Management

Leadership

Critical Thinking

Consultants

Leadership

Communication

Empathy

Project Management

Operations Management

Communication

Critical Thinking

Sales

Data Analytics

Page 7: Skills and Skill Management 2016

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How well do people know co-workers skills?

Generally people feel they have good insight into the skills that their co-workers and their managers display on the job.

They also feel they have some insight into the skills of other people in their business unit.

After that confidence in skill insight drops off. This is most serious when it comes to knowledge of the skills of external consultants. Many organizations are relying on these people to provide unique skills in high demand and to scale operations.

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Page 8: Skills and Skill Management 2016

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How is skills data used?

The top three uses of skills data are

Assigning people to projects 87%Hiring employees 79%Training and development 74%

Only 45% of companies used skills data in developing strategy!

Page 9: Skills and Skill Management 2016

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How do people learn about each other’s skills?

048

12Not surprisingly the best way to judge a person’s skills is by actually working with them (10.18) and by talking with co-workers (8.61). If you think about your own behavior that is what you probably do.

It is interesting that LinkedIn and other public social media showed up as the third most important way to find out about people’s skills (6.65).

Internal systems, whether professional services automation (4.49), corporate intranets (4.97), or talent management systems (5.09) are not seen as reliable sources for skills data.

Page 10: Skills and Skill Management 2016

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• Make skills & skill development part of daily conversations

• Use skills data in allocation decisions• Invest in skill management

Skills are

poorly manage

d • Capture skill data at the project level (roles are too generic)

• Analyze which skills are contributing to project success

• Forecast future skill demand (and expect to be surprised)

Skills are

changing

rapidly• Invest in the skills that help people to learn new skills• Invest in the skills that help people to apply new skills• Provide time for critical self reflection

High-level skills

matter

Challenges Actions

Page 12: Skills and Skill Management 2016

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Survey demographics

Size %

1 112-50 3151-200 24201-1,000 121,001 – 10,000 510,001 – 50,000 12> 50,000 5

Industry %

Technology 31Business Services 31Media & Entertainment

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Education 5Healthcare 5Banking/Finance 5Other 11

The survey was carried out using SurveyMonkey between January and April 2016The survey was supplemented by 20 structured interviews carried out in April and May of 2016. Roles %

Executive 31Consultant 31Operations 24Independent Consultant

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Human Resources 3