The problem immediately in front of us is data. Both quantitative, and importantly, qualitative. Skills Data is everywhere, but how can you trust it? How can you trust one vendor over another?
You need confidence in your data to be able to make justifiable, evidence-backed decisions with it.
We value your asset: Many organizations lack standardized methods for measuring and reporting on human capital, making it challenging for investors to compare companies effectively.
SkillCAP allows you to track the value of your Human capital asset in the same way you track a stock.
Creating better Skill data: In a McKinsey survey, 67% of executives said they expected a significant shift in workforce composition and skills requirements within their organizations.
Our bespoke tool allows you to track the validity and confidence of your Skill Data. Consider this a health check for your business.
We cleanse your skill data: Companies continue to struggle with multiple Skill Taxonomies.
We ingest your data and harmonise all skill data. Allowing you to see the wood through the trees in your business specific Skills Taxonomy.
Impact of Skills on Business Performance: There is a growing recognition that skills directly impact business performance. A study by Deloitte found that organizations with a strong focus on developing workforce skills were twice as likely to believe they were ready to address future challenges.
Skills Initiatives: Many industries are facing a skills gap, where the demand for specific skills exceeds the supply. We allow you to track the progress of every initiative that you are running. Tracking the ROI and ROA on every action.
Allowing you to be strategic with the initiatives that return the highest asset growth.
Regulatory Requirements: The SEC has taken steps to require companies to disclose human capital management measures. Companies that fail to comply with these regulations may face legal and reputational risks..