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Unleashing the power of skills

The benefits of becoming a Skills-Based Organisation

Is your organisation struggling to attract and retain the right talent? Would you like to enhance its reputation as a great place for employees to grow and develop? If so, it may be beneficial to adopt a skills-based approach to workforce management.

In the latest Candid Conversations podcast, Artie Gindidis, Deloitte Australia's Lead Workforce Transformation Consulting Partner, and Stephen Lancaster-Hall, Deloitte's US and a Global leader of the Skills Based Organisation practice, discuss the advantages of Skills-Based Organisations (SBO) and the practical steps to transition to this approach.

What it means to be a skills-based organisation ?

SBOs focus on the skills of employees, rather than traditional hierarchical structures or job titles. By prioritising the assessment of skills needed, their market value, and internal skill development strategies, organisations can align individuals with tasks that match their strengths and passions - resulting in a more adaptable and engaged workforce.

Why organisations that are skills-based reap more benefits ? 

Due to their strategic advantage of attracting and retaining the right talent, SBOs typically experience increased levels of efficiency and innovation. This ultimately leads to cost savings, faster responses to market demands and a positive workplace culture.

Transforming your organisation

Embarking on a skills transformation journey involves a shift in mindset and leveraging technology as an enabler. It requires embracing change and responding with flexibility and agility.

When moving towards this approach, it is important to pilot initiatives and collaborate closely with the business. Technology should be treated as a long-term additive, considering both current capabilities and future potential. Culture also plays a pivotal role in the transformation, demanding authenticity and alignment with the desired company values.

Organisations that are moving towards a skills-based workforce structure are given more opportunities to compete in the war for talent and potentially come out on top.

Listen to the full conversation on the Candid Conversations podcast



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