Talent Intelligence
Talent Intelligence is the process of assessing talent readiness at both individual and organizational levels. Insights from Talent Intelligence help organizations better understand their employeesโ performance and how equipped they are for the future world.ย
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It refers to the strategic use of data and insights to inform talent management decisions and optimize workforce performance. It involves the systematic collection, analysis, and interpretation of data related to employees, candidates, and the broader labor market to gain actionable insights into talent trends, capabilities, and potential. Talent intelligence encompasses various aspects of talent management, including recruitment, retention, development, and succession planning. By leveraging talent intelligence, organizations can make more informed decisions about talent acquisition, identify skills gaps, tailor learning and development programs, and align workforce strategies with business objectives. Ultimately, talent intelligence enables organizations to maximize the potential of their workforce, drive performance, and gain a competitive edge in the marketplace.
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KNOLSKAPEโs Talent Intelligence provides in-depth analytics and reporting with detailed insights at both the learner and organization levels across the domains of product, platform, and people.ย
Using KNOLSKAPEโs advanced real-time analytics and integrated reports, organizations can gain a clear understanding of their learnerโs performance, readiness, and engagement levels.ย
Why is Talent Intelligence important?
Up to 70% of an organizationโs value is rooted in the skills and experience of its people. The war for talent is on the rise. With the global talent pool shifting faster than ever, organizations need to be sufficiently informed of the current and future workforce gaps. However, HR and L&D Heads end up struggling with the right strategies that help them make better decisions.ย
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Thatโs where the role of talent intelligence comes in!ย
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By leveraging data from talent intelligence, organizations are more likely to elevate workforce competencies and prepare them for the future of work.ย
Another aspect of this is in targeting the right skill sets. Today, upskilling has become a much-needed necessity for organizations. To tackle the existing skill gap and prepare reskilling paths, talent intelligence helps L&D leaders map employees to their ideal roles.ย
KNOLSKAPEโs 6 levels of analytics to inform the talent strategy of organizations
We use simulation reports and gameplay insights to collect cognitive data that measures your employeeโs real potential.ย
Our reporting provides access to learnersโ performance and progress. This allows leaders to identify areas of improvement and explore what works and what doesnโt in corporate training. The reporting feature makes gap identification a real-time process.ย
Talent Intelligence provides data on your most important asset, people! Use insights to get a bird’s eye view of your peopleโs competencies, experience, skill sets, demographics, learning needs and leverage it to look for the right opportunities for them.ย You can also evaluate competitive benchmarking to understand what your competitors are doing, check the demographic makeup to assess what your workforce looks like in terms of diversity, and stay ahead of your competitors, day in and day out.ย
Why choose KNOLSKAPE for Talent Intelligence?
In a complex, ambiguous market, the old-school talent management approach wonโt cut anymore. The insights extracted from it enable organizations to forecast trends before they become mainstream.
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As the nature of work becomes obsolete, organizations can equip their workforce with the in-demand skills that are required to tackle the global talent shortage. Thatโs where Talent Intelligence saves the day! The insights derived from Talent Intelligence allow organizations to build trending career paths and deploy L&D initiatives successfully.ย
Thanks to a data-backed approach like Talent Intelligence, businesses are able to understand their current employees on a much deeper level – a key to transforming talent acquisition, improving the employee experience, and enhancing the overall well-being of the organization.ย
Talent Intelligence gives businesses an overview of their workforceโs strengths and weaknesses in a specific area. This allows them to delegate responsibilities strategically and direct their teamโs efforts in the right direction.ย
Talent Intelligence takes away the burden of your hiring process. It paints a clear picture of what leaders need to understand who and why they need for their upcoming role. When employers have a holistic view of how to attract and retain employees, theyโre more likely to close future positions, bridge skill gaps, hire for diversity, and build a happy and productive workforce.ย
Business Outcomes
- Organizations use our benchmarking scores for establishing talent readiness, specifically in the areas of digital and data literacy. This enables us to roll out programs at scale in large organizations.
- Our ability to showcase needle movement by integrating data from assessments and development helps us establish our value and relationships with our customers. This leads to a robust revenue retention rate of 82% with our existing customers.
Getting Started
Mostly every industry leader in the talent acquisition realm recognizes the need for Talent Intelligence to evaluate talent both at macro and micro levels. Talent Intelligence not only gives businesses a competitive edge to remain progressive in volatile times but also manages their building blocks – people! Be it workforce planning or empowering leaders to make data-driven decisions, KNOLSKAPEโs Talent Intelligence platform provides a 360-degree perspective on employeesโ skills.ย
Wish to learn more about KNOLSKAPEโs Talent Intelligence?