Growth Charters
Current Challenges in Human Resources, Learning and Development, as well as Business, that can be tackled through Growth Charters.
Today's highly competitive business environment forces Human Resources (HR) and Learning and Development (L&D) professionals to deal with many issues that impede talent management, employee development, and ultimately business performance. A broad Skill Competency Management tool such as Growth Charters addresses some of the most challenging concerns by providing data-driven solutions that match workforce skills with top of the line business goals.
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Challenges in HR & Talent Management
Challenge
The rapid pace of technology development and changing industrial demand has the disadvantage that the needed skills are difficult to maintain in the workplace.
Solution
Growth Charters provides a Skill Matrix that can be used by organizations to pinpoint skill gaps and matching talent against business development.
Challenge
The search for the right talent for the specific job requirements often takes too long costs and time.
Solution
The platform enhances recruitment effectiveness by correlating competency levels to job functions, providing an improved selection and shorter hiring cycle.
Challenge
The absence of transparent career progression can contribute to employee dissatisfaction and turnover.
Solution
Growth Charters offers tailored development plans that are focused on ongoing learning and growth and thereby on the increased employee engagement.
Challenge
Bias and subjectivity into performance reviews may hinder fair career progression.
Solution
The Skill Score card is data based. Thus, evaluation can be objective.
Challenge
A lot of organizations have difficulty to maintain awareness of certifications and regulatory compliance standards applied throughout their workforce.
Solution
Growth Charters makes it easy for a company to keep its industry-specific skills and certifications up to date.
Challenges in Learning & Development (L&D)
Challenge
Most, if not all, learning and development (L&D) Programs do not have coherence with business objectives which in turn wastes money and time.
Solution
Growth Charters bridges the gap between training plans and business objectives by analyzing competency gaps and recommending specific programs.
Challenge
Universal training methods typically do not fulfill the learning goals of the individual employee.
Solution
The platform provides tailored training suggestion according to skill level and career goals.
Challenge
Businesses have to break the wheel when it comes to describing the returns on their training programs.
Solution
Growth Charters offers metrics of skill development and business impact, thereby supporting training costs.
Challenge
The emergence of telework demands digital solutions for the training of digital and remote employees around the globe.
Solution
Growth Charters provides a single, centralized, cloud-based hub to skill data and competency mapping for geographically distributed teams.
Business-Level Challenges Solved
Challenge
Businesses need agile teams that can adapt to changing market conditions.
Solution
Growth Charters enables cross-functional skill mapping, which preps employees for changing business requirements.
Challenge
Inefficient resource allocation leads to increased operational costs.
Solution
The platform can be used by businesses to determine skill shortages and surpluses, which in turn allows for cost-efficient workforce planning.
Challenge
Lack of real-time workforce data limits strategic decision-making.
Solution
Growth Charters provides insightful dashboards for proactive workforce Management.
Challenge
Organizations struggle to identify and groom future leaders.
Solution
The software enables not only the monitoring of high-potential employees, but also how to match them in to the leadership position.
Challenge
A skilled workforce enhances the company's reputation, but many struggle to showcase their talent capabilities.
Solution
Growth Charters provides a novel Growth Charter Score that can allow organizations to be seen as the best in the industry with certified talent teams.
How Growth Charters Empowers Businesses
Growth Charters allows organizations to address these limitations as an integrated skills management, competency recording, and workforce planning solution-that leads to business growth and future survival in a market environment.
