With new and advanced technologies now and then, it is essential to update your organisation’s talent routinely. That’s why management often introduces training and coaching for employees to remain at par with the industry. However, many of us aren’t aware of the fact that the existing talent gap is a crucial factor when organising a training session. That’s when you need to conduct a talent gap analysis to understand your next training needs.

What is a talent gap analysis?

A talent gap is said to occur when the workforce within an organisation does not have the skills required to achieve its goals and objectives. While many companies think of them as technical skills and expertise, the employees might lack essential soft skills too. Therefore, a complete talent gap analysis is conducted to observe and conclude what skills the staff lacks. Not only does it provide insights about the pitfalls within a company, but it also grooms the employees with the latest skills and techniques.

Talent gap analysis as an indicator of training needs

By conducting a talent gap analysis, you know it’s time to organise training to impart the latest skills to employees. Here’s how it determines the training requirements.

  • Evaluates employees existing competencies – For sure, you would be organising interviews and surveys to know what skills the workforce currently has. By gathering this data, you can determine employees closer to the suitable skill set. Or you can identify employees with common goals and skills. This way, you know who requires which training to achieve the right skill set.
  • Identifies the skills and knowledge required to meet goals – Now that you know what skills are lacking in the workforce, you can plan training resources accordingly. For example, if the employees lack the latest coding language, arrange relevant learning resources and mentors with expertise in that field.
  • Helps develop targeted training sessions – Not everyone has the same skill gap. For instance, two people in the same team might need to be trained different skills. Thus, giving all of them a generic training doesn’t do justice. By conducting a talent gap analysis, you can plan whom to include in a specific training session.

At the end of the day, the latest skills and technology can help an organisation stay ahead of the curve. That’s why many companies are switching to a web-based competency management system to monitor, implement, and track employee training and databases.

FAQs

# What is a talent gap?

A talent gap is a situation within an organisation when the existing employees do not have the right set of skills it needs.

 

# How is a competency management system used to bridge the talent gap?

competency management system enables management to assess training effectiveness, employee learning agility, talent gap analytics, and other vital operations through a single web-based software.

 

# Why is routine training necessary for employees within an organization?

Companies must adopt new technologies and techniques to match the latest industry standards. Thus, routine employee training must make them aware of why and how to use the latest technology and soft skills.

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