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What are the best practices for creating a culture that combats skill gaps?

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In today's fast-paced business environment, skill gaps within a company can be a significant impediment to growth and innovation. However, creating a culture that actively combats these gaps can lead to a more agile and competitive organization. This involves a proactive approach to identifying skills that are lacking, investing in employee development, and fostering a workplace that values continuous learning. By implementing best practices aimed at closing skill gaps, you can ensure your team remains on the cutting edge of industry standards and practices.

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1 Embrace Assessment

Regular skill assessments are crucial for identifying gaps within your team. This involves evaluating the current skills of your employees and comparing them to the skills needed to achieve business objectives. You should encourage honest self-assessment and provide opportunities for feedback. This process should be constructive and aimed at professional growth, rather than punitive. By understanding where the gaps lie, you can tailor training programs and recruitment strategies to address these areas specifically.

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Chance Brown, MS, SPHR

Director, Talent Development and D&I at SPX Technologies
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Business needs change with changes in business strategy. Regular assessments are important for ensuring your skills remain relevant and aligned to the execution of that business strategy. Employees who understand this will be more valued within their company.

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2 Foster Learning

To combat skill gaps, cultivate an environment where learning is encouraged and accessible. This means providing various opportunities for professional development, such as workshops, courses, or access to online learning platforms. Recognition of learning achievements can also motivate employees to pursue further development. Furthermore, creating an atmosphere where knowledge sharing is the norm can help spread expertise throughout the organization, making your team more versatile and informed.

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Chance Brown, MS, SPHR

Director, Talent Development and D&I at SPX Technologies
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Every company is competing with some other company in their market. In order for companies to succeed in the marketplace, their teams must succeed. All teams are made up of individual employees. What those employees know how to do and how they collaborate with one another will determine how successful your company will be. Therefore, fostering an environment where employees have opportunities to learn and grow is not just a “nice to have”. It is literally a competitive advantage. Additionally, when employees feel that the organization is interested in their growth and development they are far more likely to stay at that company.

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3 Encourage Mentoring

Mentoring is an effective way to transfer knowledge within an organization and address skill gaps. Pairing less experienced employees with seasoned professionals not only facilitates hands-on learning but also helps in building a supportive company culture. Encourage your senior staff to take on mentorship roles, and allow them time to invest in this important activity. This approach not only enhances skills but also aids in succession planning by preparing the next generation of leaders.

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Mel Colton-Dyer

Social Impact Specialist
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Peer support and mentoring is essential to successful learning. In my experience designating a mentor to support and challenge an individual learner creates a positive culture and enhances the learning experience

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4 Invest Strategically

Investing in your employees' development is a strategic move to combat skill gaps. Allocate budget for training and education that aligns with both the company's needs and employees' career goals. This investment demonstrates a commitment to your team's growth and can improve retention. Prioritize areas that will have the most significant impact on your business and ensure that the investment in training provides a good return in terms of improved performance and productivity.

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Chance Brown, MS, SPHR

Director, Talent Development and D&I at SPX Technologies
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This point of investing strategically is extremely important. Though you want to provide a wide range of training for employees. That training should have alignment to what the business needs. You want to ensure that as employees grow and develop they become more capable to help the business execute on its business strategy. That is why Senior Leaders should evaluate the management and leadership development training of an organization to ensure that the skills acquired are actually preparing employees to take on increased responsibility within the organization. There should be intentionality of all training with the company culture, values, and business strategy.

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5 Update Regularly

The business landscape is constantly changing, and so are the skills needed to remain competitive. Regularly review and update the skills inventory of your organization to reflect new technologies, methodologies, and market trends. This ongoing process ensures that your workforce remains relevant and can adapt to changes. Staying current with industry developments allows you to preemptively address potential skill gaps before they become critical issues.

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6 Empower Employees

Empower your employees to take charge of their own development by providing them with the tools and resources they need to succeed. This includes not just formal training programs but also access to conferences, seminars, and industry events. Encourage a culture where employees are proactive about their learning and feel supported in their efforts to acquire new skills. When employees feel empowered, they are more likely to take initiative in closing their own skill gaps, which benefits the entire organization.

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7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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What are the best practices for creating a culture that combats skill gaps?

1

2

3

4

5

6

7

1 Embrace Assessment

2 Foster Learning

3 Encourage Mentoring

4 Invest Strategically

5 Update Regularly

6 Empower Employees

7 Here’s what else to consider

Business Management

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What are the best practices for creating a culture that combats skill gaps?

1

2

3

4

5

6

7

1 Embrace Assessment

2 Foster Learning

3 Encourage Mentoring

4 Invest Strategically

5 Update Regularly

6 Empower Employees

7 Here’s what else to consider

Business Management

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