What's Happening?
APMG International, a global certification body, emphasizes the critical need for businesses to recognize and utilize their existing in-house talent to plan effectively for future success. According to the Manpower Group's Global Talent Shortage Survey,
74% of employers face challenges in finding skilled talent to fill key roles. APMG suggests that understanding the current skills within an organization is essential before moving forward with talent management and training programs. The Skills Framework for the Information Age (SFIA), a globally recognized organization, provides a consistent reference for developing people and shaping roles. APMG, as an SFIA Approved Assessment Partner, assists businesses in auditing their existing skills, which helps in identifying future needs and necessary talent management strategies.
Why It's Important?
The ability to identify and develop in-house talent is crucial for organizations facing a global talent shortage. By understanding existing skills, companies can better focus their recruitment efforts and develop internal capabilities, leading to increased employee engagement and reduced costs. This approach not only addresses immediate talent gaps but also prepares organizations for future challenges by building a more adaptable and skilled workforce. APMG's role in facilitating this process through SFIA assessments provides businesses with the tools needed to enhance their talent management strategies, ultimately contributing to long-term organizational success.
What's Next?
Organizations are likely to continue leveraging frameworks like SFIA to conduct internal assessments and develop their talent management strategies. As businesses recognize the value of understanding their existing skills, there may be an increased demand for training and development programs that align with future needs. APMG's support in training in-house assessment teams could lead to more widespread adoption of these practices, allowing companies to conduct regular evaluations and adjust their strategies accordingly. This proactive approach may become a standard practice in talent management, helping organizations remain competitive in a rapidly changing job market.
