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Re-inventing the ‘desired’ skill set of your employees

• By Sweta Mishra
Re-inventing the ‘desired’ skill set of your employees

'Desired skill set' used to be an extremely simple phrase for any organization, a while ago. The process of identifying the desired skill set was a very basic one: Look at your current range of products/services, consider predictable changes in the product/service offerings in the near future and then hire people with relevant qualifications. While this process had multiple steps to it, at a broad level, this is all that it was. 

Reviewing the current industry scenario, we see a plethora of start-ups offering cutting edge innovation, a powerful digital revolution, a Gen Y workforce with its unique demands; the list could go on…  Does the definition of desired skill set remain the same, in this context? Or are we being pushed to relook at it and redefine it?  Historically, what seemed to be a simple process is now one of the most critical questions for any organization.

The challenges:

Let’s review some of the challenges organizations face today in this context:-

What are organizations doing differently?

So what are organizations doing to address this? The skill set landscape in organizations has been a fast changing one. On the hiring front, organizations are bringing in psychometrics (not necessarily as a conclusive tool but as an indicative one), recruiters are being upskilled on behavioral interviewing to be able to check on cultural and attitudinal fitment. Softer skill sets are being emphasized throughout the year in the annual calendar. Leadership development programs focus on developing complex behavioral skill sets in leaders. With a recent Mckinsey report predicting that half of the 3.9 million-strong workforce in IT services firms will become irrelevant, organizations are continuously in the process of identifying high potential employees who can continue to work on complex product threads and keep suites of products relevant in the future. Most importantly, desired skill sets are constantly evolving. Additionally, organizations are increasingly training their employees on more diversified skill sets to match up to the changing needs of their customers. That’s precisely why “ambiguity” is no longer a vice, but a reality and “dealing with ambiguity” a part of most competency frameworks.  

Leaders play an important role…

Leaders play a pivotal role in this constant process of reinvention. Here are few key areas where leaders can make all the difference in reinventing desired skill set and keeping employees ready for the future:

One thing that is absolutely clear, is that “desired skillset” is a dynamic concept. So the way to define it can’t be a linear one. Every organization has to have a well thought through, yet intuitive way to define it and continue to monitor and reinvent it.

In summary, what will come in handy are three things:-

1) Not restricting the definition of the 'desired skill set' to the current suite of products and services that the organization offers

2) Consistent focus on directional shifts of the market, and

3) An agile structure that supports a customized talent management strategy keeping the first two points in mind.

These factors will enable organizations to successfully embrace change and disruption, address ambiguity and continue to survive and succeed.