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The skills gap: Understanding the causes and making plans for improvement

Walk Me

A skills gap becomes especially problematic for an organization when its internal staff training and development programs and the ability of the external labor market cannot meet its recruitment needs. It is a change management challenge that can cause serious organizational issues if it is not properly addressed.

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Understanding Rightsizing in HRM in the Right Way

Vantage Circle

For instance, the success drivers for an advertising agency will be the number of clients, volume of projects, skills required, etc. In this method, certain variables like labor, material, sales are shown concerning each other. Must Read: Best Hiring Strategies to Recruit Top Talents. Ratio Analysis. If yes, can we afford them?