SKILLS REPOSITORY

A skills inventory keeps track of internal skills to inform organizational priorities

A skills inventory helps guide the following organizational priorities:

➢ Workforce Planning: Detects skills gaps and determines whether the current workforce has the required skills to support organizational goals.

➢ Career Pathing: Provides employees with information on common skills in potential future roles to inform their development.

➢ Learning and Development: Suggests development opportunities based on an employee’s existing skill proficiencies and career aspirations.

➢ Succession Planning: Determines which employees have the skills to fill the organization’s critical roles and if any development areas must be focused on to prepare employees for these roles.

➢ Project/Team Composition: Informs which employees to include in a project team based on what the project requirements are and who has the appropriate skills.

According to the McClean & Company Trends Survey report in 2020, despite all of these benefits

32% of organizations are not creating a skills inventory.