Home » Corporate Talent Benchmark » Skill Gap Analysis

Skill Gap Analysis While running big organizations, we often lose sight of the talent composition of our workforce. Certain data is available such as performance appraisals, manager feedbacks, recruitment scores, etc. However these are subjective, are not comprehensive and not standardized. Such data is also deficient in the sense that it only tells whether the person is performing well or not, but does not shed any light on why the person s performing in the way he/she is. Also, the data is general a small-window data making it prone to randomness.

Having a skill profile of the workforce is very important for the purpose of understanding:

• What skills are deficient in candidates not performing well
• Training programs for individuals
• Determining group training programs at the time of joining and periodically
• Input for promotions and role change
• Standardizing recruitment process

Aspiring Minds’ TalentMap is a unique product offering to do the same

• It measures the aptitude, skills and behavior based on our nationally validated assessments of a carefully chosen sample of your employees. A rigorous analysis is done to compare your workforce quality with country–wide talent spread and with that of your specific sector of work. This provides a quantitative idea of the level of your employees with regard to the market.
• The measured parameters are correlated with performance of the employees in the company. It is identified what skills the top performers have which the not–so–good employees do not have. These are key target areas for training and are also required to be given due importance in recruitment process.
• The employees are categorized as high–performing, high–potential and ‘need–attention’ bins. Individual training plans are suggested for the latter two categories.
• Consolidated inputs are provided for role change decisions, promotion decisions etc.

Aspiring Minds’ unique methodology of Skill–Gap Analysis goes a long way in continuous improvement of your workforce to achieve high business efficiency.