Building Businesses through Skills-based Talent Management

Emerging technological advancements like automation, AI, and more are revolutionizing the way that SAP organizations do business. Companies need streamlined workflows and data-driven insights to achieve an advantage over their competition and set themselves up for success.

Yet all too often, companies struggle to implement these advanced capabilities, leaving them struggling to accomplish routine tasks and far behind on adopting important tools. SAPinsider’s recent AI and Automation in Finance report found that a lack of relevant resources and skills within an organization was one of the top barriers to implementing AI and automation tools, cited by over 50% of respondents. This is just one example of how a lack of skills can negatively impact SAP organizations.

Growing Through Skills

SAP organizations are keenly aware of the need to build their skills. Yet often lack the time and budgets to bring in new skilled workers. To plug these skill gaps, many companies are partnering with HRIZONS. It offers a Skills and Competencies Made Simple solution.

The SCMS tool integrates with SAP SuccessFactors Talent Management Applications to provide users with AI-driven insights that help bolster the capabilities of their workforce. Companies can help teams reach their full potential by re-skilling, upskilling, and improving competencies across their organization.

HRIZONS’ SCMS solution features pre-curated skills and competencies that are mapped to jobs and categorized by job frameworks. This helps companies to account for industry-specific sets of data to leverage across various talent management processes. It also allows HR teams to provide detailed career paths so employees can understand their opportunities

While it is important to develop these skills, understanding how companies can best deploy them is essential as well. SCMS helps companies to streamline workforce planning with AI driven automation of job roles and skills. This solution can also be used to help new hires understand where they fit in the larger framework of the organization.

What This Means for SAPinsiders

Make the most of what you have. Though employees may not have every skill you need in the moment, companies should rely on their own internal assets, trusting that their teams will rise to the challenge and take on new skills and competencies. In order to accomplish this goal of upskilling, organizations should work with trusted partners like HRIZONS that can help them bolster the talent that already exists within their walls.

Meet the needs of today and tomorrow. As the rate of change in the business world increases, companies need to adopt agility in everything they do. Upskilling critical workers will allow them to meet the challenges they currently face and be more adaptable for any new emerging technologies. Showing employees how to break away from manual, siloed workflows and leveraging AI will continue to pay dividends for years to come.

Remembering the human part of AI. While companies may want to upskill workers because of the capabilities it will allow them to harness, these programs can also benefit employees as well. Demonstrating an interest in upskilling workers and showing them how their careers progress as a result shows employees that they are valued members of a growing, dynamic workforce. This can bolster satisfaction and retention as well as productivity.