GyrusAim utilizes a skills-centric approach. This provides organizations with a common language to describe skills in the organization and enables an agile workforce by using skills as the common currency of the business. This approach also helps integrate talent management processes.
Many organizations use disparate language across functions to describe the same skill. This leads to inefficiency—a lost opportunity to share and leverage crucial skills information across the organization. On the other hand, by defining skills consistently, skill mapping systems serve as the glue that helps bind these functions together. For example, by using the same language to define a skill in a job profile created by the recruitment and selection function of the organization, the learning and development department is able to compare the cost of developing a current employee against the cost of hiring someone who already has the required skills.
This approach to skill centricity also allows organizations to:
• Improve recruitment by providing a consistent skills specification for each job and facilitating skill-based assessment
• Consistently manage employee performance by comparing people against known skills for each role and providing a common language for assessment
• Support career planning by facilitating assessment for future roles,identifying skill gaps and learning requirements for future roles and using skill-based jobs to identify future roles for each employee
• Enhance the value of the learning & development function by ensuring that learning and development programs are aligned to business requirements and increasing the effectiveness of an LMS
• Improve leadership development by defining skills and competencies that are aligned with business strategy