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Core HR function: Anticipating skills requirements
The human resources discipline encompasses a wide variety of roles and responsibilities, all centred around the employee. These tasks span everything from recruitment, payroll and administration to strategic workforce planning and training. The number one purpose of HR, however, is to manage skills. This means ensuring that the company possesses the knowledge and expertise it needs not only to manage day-to-day business and contribute to the company’s success, but also to anticipate future talent requirements. This is particularly true in times of talent shortage. It is up to companies to equip themselves with the concepts and solutions needed to meet these challenges.
Build power skills everyone needs for success in manufacturing
According to Deloitte, 4.6 million manufacturing employees will be needed by 2028, but 2.4 million of those jobs may go unfilled if steps are not taken to ensure proper training, putting $2.5 trillion in manufacturing GDP at risk. And unlike most industries affected by the COVID-19 pandemic, a shift to remote work was not possible for many manufacturing employees, as they are needed to operate factories and production plants. It is therefore critical for manufacturing organisations to focus on reskilling and upskilling to retain their employees and provide them with the opportunity to grow their careers through skill building.