Leading organisations use a skills gap analysis as part of a workforce planning approach. The Skills Gap Analysis toolkit is designed to support Financial Services organisations identify the skills they will need in the future. The approach is centred around 3 questions:
These questions are aligned to a series of workshops with a set of supporting materials and templates. The process typically takes 4-6 weeks, including 3 tailored workshops focussing on skills needs in the short, medium and long term.
This toolkit provides an approach and a set of supporting materials and templates. These include:
Compiling and analysing the outputs from the workshop are as important a step as any, where an understanding of the findings is put together as well as any relevant changes or actions that may be required as a result.
In this workshop, we take time to understand the importance of forecasting future skills and the reason we need to have one eye on the future at all times. Following this we will focus on both the internal and external drivers for change that will impact across your business area, which will in turn support us in understanding the expected changes in skills and potentially headcount for current roles.
In this workshop, we take time to understand the current work being undertaken across your business area. This will allows us to understand the purpose of the work undertaken by the team, how it is structured, the business units and the key roles required to deliver the work NOW. Through this workshop we will achieve the following:
To ensure maximum value for the workshops, preparation should be done in advance as this will help ensure the discussions are spent focusing on the important topics and aspects of the framework during the workshops. Below are some tips to help you gather the best of what is available.