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Capabilities, competencies, skills – big buzzy words
Skills, competencies, capabilities, what do these buzzy words mean? Marc Ramos, Chief Learning Officer at Cornerstone, describes how he sees and uses them.
Marc defines capabilities as the ability to do something ideally at a high standard, whether it’s a competence or a skill.
Skills and competencies are often linked to technology solutions where some talk about skills, others about competencies. Marc believes these naming issues will go away with time.
What defines a skill from a technical perspective is that it can be tagged and followed throughout someone’s career. This makes it possible to:
- Break down content and provide the exact right learning content to someone who wants to upskill or reskill.
- Makes it possible to identify skills that the individual already has and adapt the learning content accordingly.
- Offer other types of learning than online courses, such as a mentor or spending time with an expert.
- Provide talent marketplaces where short-term gigs and projects can be offered.
- Employees can, in a truly granular way, get information about exactly what skills they need to develop to be able to skill up or change direction.
- Give organisations better visibility of Return on Investment in learning and growth.
Read more about how AI is further enhancing skills matching and ontology here: https://www.cornerstoneondemand.com/uk/resources/article/unlocking-the-future-ai-enhanced-skills-matching-and-ontology/
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AI as universal as electricity
Marc Ramos, Chief Learning Officer at Cornerstone, believes AI will become as universal and ubiquitous as electricity. We’re right at the beginning, and there is a lot of hype, fear and anxiety, so governments and other entities are putting controls in place. But there are also tremendous values with AI, not least from a talent, HR and learning perspective. Here are some areas where Marc already sees advancements in AI.
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Time to make wise choices on technology
There is a lot of new and fascinating technology coming out on the market. For many organisations in manufacturing, health sciences and retail, it’s time to make some wise and interesting choices. When it comes to talent, learning and HR, you need to consider if these latest and greatest technologies will enable you to:
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Simply the right thing to do
Global companies are very keen to get as high ESG ratings as possible (Environmental, Social and Corporate Governance) because it affects shareholder value. But Marc Ramos, Chief Learning Officer at Cornerstone, points out that ESG is really significant for HR and learning, not necessarily from a metrics and compliance perspective, but from a cultural one. He says ESG is important because it simply is the right thing to do. It shows that the organisation is honest about and believes in taking care of employees, the earth and the future. This is attractive to external talent and helps to retain staff, regardless of which sector, market or size of business you’re in.