May 10, 2022

New ‘Talent Upskilling’ Enables Organizations to Meet Talent Needs by Developing Their Workforce

In every industry, businesses are transforming, causing the need for upskilling, with telecommunications being one recent example we highlighted

As TechTarget pointed out, 90 percent of workers consider upskilling programs an important feature in a possible employer, and half of U.S. workers would switch jobs for upskilling.

With that in mind, this week we unveiled Talent Upskilling, which enables organizations to meet critical talent needs and get future-ready by developing their own network (employees, candidates, and contingent workers), understanding talent gaps, and providing a personalized development plan for every employee. 

Upskilling is not accomplished solely through coursework or learning modules. Meaningful upskilling today requires on-the-job training, short-term assignments, new projects, and information sessions designed explicitly to fulfill the complete potential of the modern workforce.  

The upskilling solution is part of the Eightfold Talent Intelligence Platform. It brings the following features into one platform for all talent: 

  • Identifying skill gaps and setting talent goals for each employee, benchmarking against best-in-class organizations.
  • Understanding every role through a Job Intelligence Engine that integrates with both HR systems and actual work systems. 
  • Using AI to understand the learnability of each individual, including how they can best develop skills and match them to personal developmental goals.
  • Helping individuals upskill themselves by providing them a Career Hub that combines courses, projects, internal jobs, and mentorship programs.
  • Tracking and measuring this progress through robust analytics.

“As new skills emerge and old ones become irrelevant, businesses need to assess their current capabilities against future needs. Deploying AI and advanced analytics is the best way to solve this pressing issue at pace and at scale,” said Mike Bertolino, E&Y Skills Foundry. 

Eightfold Talent Upskilling is available today to customers and their employees. Learn more here.

 

Photo by NEXT Academy on Unsplash