Listen to People Performance Radio Episode 43:
Steve Venokur, Managing Partner of People Sciences, has over 20 years of experience developing skills management systems for large corporations in a range of industries. Steve explains what skills management is and why it is critical to maintaining a steady supply of qualified talent to support business needs. Steve explains the differences between skills that define “what you know” and competencies that describe “how you use it”. The labor shortage is not a shortage of people, it is a shortage of people who possess the knowledge and expertise required to perform critical business tasks. This shortage continues in many industries and functions despite the current economic landscape.
Competencies don’t matter if employees don’t have the technical skills needed to perform the work to begin with. Make sure you have the skills to pay the bills, this week on People Performance Radio.