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L&D's Role in Closing the Soft Skills Gap

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L&D's Role in Closing the Soft Skills Gap

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Organizations have tried all types of approaches to fill the soft skills gap. They’ve gone on hiring sprees, brought in consultants and even administered lengthy tests to candidates before hiring — but to little avail, as those gaps remain. What’s the next step? What are these organizations missing?

Training. Upskilling current employees is the most effective and cost-efficient way to bridge skill gaps and create an organization that’s ready for the future. But it doesn’t take just any kind of training.

Join us for this complimentary Training Industry webinar, sponsored by BizLibrary. Katie Miller will discuss the best training strategies to use when looking to close your employees’ soft skills gaps.

Organizations have tried all types of approaches to fill the soft skills gap. They’ve gone on hiring sprees, brought in consultants and even administered lengthy tests to candidates before hiring — but to little avail, as those gaps remain. What’s the next step? What are these organizations missing?

Training. Upskilling current employees is the most effective and cost-efficient way to bridge skill gaps and create an organization that’s ready for the future. But it doesn’t take just any kind of training.

Join us for this complimentary Training Industry webinar, sponsored by BizLibrary. Katie Miller will discuss the best training strategies to use when looking to close your employees’ soft skills gaps.

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L&D's Role in Closing the Soft Skills Gap

  1. 1. Presenting Today Katie Miller Marketing Events Strategist BizLibrary
  2. 2. www.bizlibrary.com/demo
  3. 3. Poll Question What method/s have you tried to fill the soft skills gap at your organization? A. Hiring sprees B. Brought in outside help (consultants) C. Administered pre-hire assessments D. All (A-C) E. Other (type in the chat)
  4. 4. Poll Question Were you successful in closing the soft skills gap at your organization with the method/s you chose? A. Yes, our soft skill gaps are filled! B. Somewhat, but we still have work to do. C. Not at all.
  5. 5. During the webinar today, you’ll learn: • The common mistakes companies make when trying to close their soft skills gap. • How to conduct assessments of current soft skills and bring your whole company on board with training. • Ways to implement training strategies that will help close your soft skills gap.
  6. 6. The Skills Gap
  7. 7. JOBS >
  8. 8. 83% HR PROFESSIONALS REPORTED HAVING DIFFICULTY RECRUITING SUITABLE JOB CANDIDATES IN THE PAST 12 MONTHS 75% HR PROFESSIONALS SAID THERE ARE SKILLS GAPS IN JOB CANDIDATES SHRM 2019, The Global Skills Shortage https://www.shrm.org/hr-today/trends-and-forecasting/research-and-surveys/Documents/SHRM%20Skills%20Gap%202019.pdf
  9. 9. What are Soft Skills? Emotional Intelligence Critical Thinking Creativity People Management Decision Making Soft Skills Soft skills are the competencies that allow your employees to interact effectively and productively with others, no matter the role or the setting.
  10. 10. 12 25% of a person’s long-term career success was attributed to technical skills. Soft skills training in five different factories yielded a 250% ROI in just eight months
  11. 11. Common Mistakes Companies are Making o Blaming Others o Not Focusing On The Right Skills o Not Doing A Proper Assessment o Not Upskilling Fast Enough o Poor Training Strategies
  12. 12. Blaming Others bizlibrary.com | YOUR ONLINE LEARNING PARTNER 14
  13. 13. Not Focusing on the Right Skills 75%of 2,000 full-time workers plan to learn new skills because they want to advance in their careers. https://www.shrm.org/resourcesandtools/hr-topics/organizational-and-employee-development/pages/employers-need-to-broaden-strategies-to-close-skills-gap.aspx
  14. 14. bizlibrary.com | YOUR ONLINE LEARNING PARTNER 16 FEEDBACK FREEDOM TO FAIL • 1:1’s • Company-wide surveys • Intranet • Nobody likes feeling incompetent • Managers and supervisors are important in achieving a “Freedom to Fail” culture
  15. 15. Not Doing a Proper Assessment bizlibrary.com | YOUR ONLINE LEARNING PARTNER 17 • Make it easy to understand, not too long • Keep it consistent (Scale 1-5) • Know your audience
  16. 16. Plan Identify important skills Measure current skills Analyze the data Create a plan The Soft Skills Gap Analysis Sources: derived from workable.com and peoplemattersglobal.com
  17. 17. STEP 1: PLAN TWO GROUPS YOU CAN CONDUCT THE ANALYSIS ON: Individual Scope Who is in charge of the process When to conduct a soft skills gap analysis How to respond to soft skill gaps Individual level Team/company level Manager Manager HR/L&D Directors/C-suite - Changes in employee’s duties - Poor performance review - Need for new skills for a promotion or new project - Problems meeting business goals - Strategy shifts - New technologies - When a team is exceeding their goals Training Succession planning Mentoring initiatives Hiring Training programs Mentoring initiatives Team/company
  18. 18. STEP 2: IDENTIFY IMPORTANT SKILLS TWO QUESTIONS: What skills do you value as a company? What soft skills do our employees need to do their jobs well now and in the future? Importance Leadership High Excellent Skill level required Low Average Presenting Moderate Good Initiative
  19. 19. STEP 3: MEASURE CURRENT SKILLS THREE WAYS TO MEASURE: Surveys and assessments Interviews with employees Feedback Importance Creativity High 5 Required level Moderate 4 Collaboration High 3 Persuasion 4 Actual level 2 3
  20. 20. STEP 3: MEASURE CURRENT SKILLS Skill Type Functional Business Leadership Skills Site Leadership Middle Management Frontline Supervisor Health, Safety, & Environment Six Sigma Competencies Computer-Aided Design Functional Specification Decision Making Customer Orientation Adaptability Time Management People Management Effective Communication Creativity & Innovation Digital Vision More improvement required Improvement required Less improvement required
  21. 21. COMPARE The established IDEAL state The analyzed CURRENT state STEP 4: ANALYZE THE DATA
  22. 22. STEP 5: CREATE A PLAN UPSKILLING YOUR EMPLOYEES HIRING TWO WAYS TO ACT
  23. 23. Training vs. Hiring More respondents lean toward training than toward hiring Given the choice between accessing new talent and training existing employees, where are you leaning? Strongly toward training Moderately toward training Moderately toward new talent Strongly toward new talent 31% 46% 17% 7% Source: Deloitte‘s 2019 Global Human Capital Trends Report
  24. 24. By 2030, as many as 375 million workers – or roughly 14 percent of the global workforce – may need to switch occupational categories… - McKinsey Global Institute
  25. 25. Not Upskilling Fast Enough bizlibrary.com | YOUR ONLINE LEARNING PARTNER 27 1. Show your importance 2. Obtain leadership buy-in by showing them ROI 3. Produce a plan and START! The time is NOW L&D professionals must step up!
  26. 26. bizlibrary.com | YOUR ONLINE LEARNING PARTNER 28 How did you convince your boss/executives to see the benefits of upskilling your employees? GROUP CHAT QUESTION
  27. 27. Poor Training Strategies bizlibrary.com | YOUR ONLINE LEARNING PARTNER 29 If your training content is boring, presenters are monotone, and the content is not interesting to the audience – it’s time to rethink your strategy. Not Engaging Your company is spending good time and money on employee learning and development all to forget everything after a few days. No Reinforcement of Learning If you’re sending the same content to everyone, the topics are not what your audience are looking for, or the content is outdated. Not Relevant There are so many ways to train your employees, but if you are only offering in-person- mandatory training, you could be hurting the productivity of your employees and the company. Not Easily Accessible
  28. 28. Training Strategies that Will Help Close Your Soft Skills Gap bizlibrary.com | YOUR ONLINE LEARNING PARTNER 30 Online Classroom Coaching 1. Multiple Modalities 3. Interactive Gamification Reinforcements 4. Find a Supportive Partner Microlearning Accessibility Variety Diversity 2. Engaging and Relevant Client Success
  29. 29. Key Takeaways bizlibrary.com | YOUR ONLINE LEARNING PARTNER 31 • The common mistakes companies make when trying to close their soft skills gap. • How to conduct assessments of current soft skills and bring your whole company on board with training. • Ways to implement training strategies that will help close your soft skills gap.
  30. 30. Questions?
  31. 31. Thank you for attending! Katie Miller Marketing Events Strategist BizLibrary

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