Amidst ongoing mass layoffs and global talent shortages, ‘Skills Intelligence’ has yet again emerged as a beacon of hope for hiring job-fit candidates.
With major corporations restructuring how they work and hire, it has become critical for employers and job seekers alike to have a solid understanding of the skills needed to keep themselves competitive and move away from their dependence on degrees and resumes.
iMocha Hiring Trends Report 2022
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And this sort of agility and resilience can only be achieved through ‘Skills Intelligence.’ Before we go any further, if you wish to know more about what is skills intelligence, visit here!
The concept of skills intelligence is not new but has gained increased attention in recent years as the nature of work has evolved and technological changes have accelerated.
Earlier, skills intelligence was perceived as a concept emphasizing the importance of identifying and developing top talent within an organization to gain a competitive advantage. But as times have changed, it has evolved to encompass broader skills and competencies beyond top talent.
How Skills Intelligence can be the future hiring metric?
Skills intelligence has the potential to become a significant hiring metric in the future for several reasons:
Increased focus on skills-based hiring: Many companies are shifting from traditional resume-based hiring to skills-based hiring. This means that they are looking for candidates who have the specific skills required for the job, rather than just looking at their education or work history.
Automation of recruitment processes: With the rise of artificial intelligence and machine learning, recruitment processes are becoming increasingly automated. This means that skills intelligence platforms can be integrated into recruitment software to help filter and rank candidates based on their skills.
Increasing need for upskilling and reskilling: With the rapid pace of technological changes, job candidates need to upskill or reskill to keep up with the changing demands of the job market. Skills intelligence can help employers identify the skills gaps in their candidate pool and hire only job-fit candidates.
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Why are some organizations still resisting the adoption of skills intelligence and a skill-first mindset?
The reason can be one of the following:
Implementing a skills intelligence strategy often requires significant changes to an organization's culture, processes, and systems. This can be met with resistance from employees who may be hesitant to embrace new ways of working or to invest time and effort in upskilling.
Developing and implementing a skills intelligence strategy requires resources, including time, money, and expertise. Organizations with limited resources may struggle to invest in skills intelligence initiatives.
Skills intelligence is closely tied to technology, and organizations must stay updated with the latest tools and platforms to implement a skills intelligence strategy effectively.
Most organizations still face challenges identifying the most important skills for success in a given role or industry.
Many organizations struggle with data quality issues, making it difficult to understand their workforce's skills and skill requirements clearly.
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Amongst the reasons listed above, those associated with the ‘fear of change’ can only be tackled through practical thinking. For the rest, ‘skills intelligence platforms’ can be the answer.
How can iMocha help you hire better candidates?
iMocha is a comprehensive skill intelligence platform that combines advanced technologies, such as AI, ML, and data analytics, to identify and assess job role-specific skills and collect and evaluate quality data. With iMocha, you can leverage the following benefits:
Identification of the right skills: iMocha uses various assessment tools and techniques to help you identify your team’s strengths and weaknesses in terms of skills/skills gaps. It helps you understand where your workforce excels and what new skills are needed from the new hire.
Mapping skills to career opportunities
Meeting DEI goals: iMocha prioritizes skills over gender, color, race, or any bias-inducing factors. It also removes bias from the assessment process and helps you choose candidates only on the basis of merit.
Testing of soft skills: One of the most valuable features of iMocha is that it helps you assess the language proficiency of candidates. Unlike the conventional method of soft skill testing (such as verbal interviews and resume screening), iMocha uses AI-EnglishPro to accurately asses business communication proficiency across all communication aspects and deliver accurate results and reports.
Developing skills: iMocha’s skill intelligence platform offers training and development programs to help you simplify talent onboarding and project-specific training. These programs can be customized to your specific needs and also be used for upskilling/reskilling the existing workforce.
Conclusion
Skills intelligence is rapidly evolving and can potentially transform how we hire and manage employees.
Using skills intelligence platforms like iMocha can help individuals and organizations identify their strengths and weaknesses, map their skills to career opportunities, and develop the skills they need to succeed in a rapidly changing job market. As employers increasingly prioritize skills-based hiring and upskilling/reskilling, skills intelligence will likely become an increasingly important metric for measuring job candidates’ performance and potential and a key driver of success for individuals and organizations.
Let us know how you think skills intelligence will affect the way we hire candidates in the future, by reaching out to us at marketing@imocha.io.
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