New contributor Johnson Wong is here to take a scalpel to your skills strategy.
The focus of any organization's operating model is to always have the capability to add value to their business.
How are you adding value through your team's capabilities?
Time to look at your skills portfolio - Singapore's finest gives UNLEASH some pointers.
In this globally-connected world, enterprises are racing to transform their business to innovate and stay competitive.
Enterprises increasingly recognize the importance of human capital development to business success and are fueling a significant number of organizational resources to build their workforce skills for sustainable growth.
Four crucial factors would impact the success of any skills development for job success. They are the job design structure, the job performance measurement used, the job performance system, and the curation of the job skills portfolio.
This article will focus on the job skills portfolio and its review process. The following are some strategies for enterprise leaders in curating purposeful skills portfolios that are outcome-driven for greater job value:
The skills needed to perform work required for a job on a defined set of performance expectations and other individual criteria are part of the job skills portfolio.
It specifies a framework that explores ways to organize skills to meet the needs of a job. It also considers the nature of hybrid work and the emerging needs for the job.
Three broad parameters in the job skills portfolio are (non-exhaustive):
There are different levels of work, and there are instances in complex work where they do overlap. It is essential to review the majority of such work for the job to identify and curate the core skills.
While a job holder in a manager role may have the majority of their work scope that falls in leading and planning the strategic work, this does not mean that other work level does not apply. Fundamentally, explore why and what core skills will be needed for the job’s current and future operational model.
After reviewing the work levels, it would be disastrous if the enterprise dives directly into identifying and selecting the skills variables without considering the other systemic factors related to the job.
After reviewing the factors influencing skills parameters, the following are the primary fields for determining the bundle of dynamic core skills for an effective job skills portfolio.
Enterprise needs to evaluate which variables most suit their organization’s operational model and the ease of adoption that maintains flexibility in implementing the job skills portfolio.
The focus of any organization’s operating model is to always have the capability to add value to their business. This capability building must be self-sufficient, anchoring the people and their skills to deliver the desired outcomes. Leaders can use the techniques described to co-create with stakeholders a portfolio of skills that aligns with current requirements and cater to future business needs.
Nevertheless, the other three dimensions of capabilities, such as the structure of work design, performance measurements and job performance support system, are essential pillars that must be integrated into the organization’s skills portfolio.
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Associate Director, CET Global
Johnson Wong is an Associate Director, Consulting Services at CET Global Pte Ltd.
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