Skillsoft, a leading platform for transformative learning solutions, has officially announced its integration with the talent intelligence hub from SAP SuccessFactors, which happens to be a centralized system for skills intelligence.
According to certain reports, the stated integration will help businesses that are using SAP SuccessFactors solutions and Skillsoft to access deeper insights into their workforce’s skills. This, in turn, will give them a better chance at delivering personalized learning paths aligned with employees’ role requirements and career aspirations, as well as the needs of that particular business.
To understand the significance of such a development, we must take into account one survey conducted by Skillsoft, a survey where 82% of employees revealed that their organization has started taking steps to transition to a skills-based model. Having said so, a separate June 2024 Gartner® survey of 190 HR leaders revealed that 41% agree their workforce lacks required skills, 50% agree their organization does not effectively leverage skills, and 62% agree that uncertainty around future skills poses a significant risk.
In response, through a link-up between customers’ taxonomies from the talent intelligence hub and Skillsoft’s skill dictionary, the integration in question is linking employees’ skills and roles with learning experiences throughout SAP SuccessFactors. Hence, moving forward, organizations can better assess, index, and map the current skills of their employees against skills required for their jobs for more strategic workforce planning.
Talk about the benefits of this integration on a slightly deeper level, we begin from its promise to provide a centralized skills management facility, which ensures that organizations can seamlessly incorporate existing frameworks, and at the same time, deliver learning that drives targeted workforce development, with talent intelligence hub acting as a dedicated source of truth for skills.
Next up, we have the prospect of enhanced workforce agility, meaning organizations can quickly adapt to changing market demands by easily identifying and addressing skill gaps. Such a setup, like you can guess, treads up a long distance to ensure that the workforce remains competitive and agile at all time.
Joining would be the potential for increased employee engagement. To realize this potential, users can come expecting personalized learning experiences aligned with career goals, something which should boost employee engagement and satisfaction to eventually create a more motivated and engaged workforce.
“Talent is the fundamental building block of any organization and achieving priority business objectives hinges on that talent having the right skills. Skills-based strategies are essential for developing an agile, productive, and innovative workforce and business,” said Apratim Purakayastha, GM of Talent Development Solutions at Skillsoft. “Integrating Skillsoft with the talent intelligence hub from SAP SuccessFactors creates a simpler, more effective, and more engaging approach to talent development.”
Skillsoft’s latest integration also allows you to significantly scale up your talent mobility. You see, it arrives on the scene as capable of identifying candidates for new roles, strategic projects, or cohorts based on current skills and learning achievements to support internal movement. The overarching idea behind that is to enhance talent optimization and retention.
Another detail worth a mention is rooted in the integration’s focus on optimizing tracking and generating actionable insights. You see, comprehensive tracking of employee skilling activity, captured in both the talent intelligence hub and Skillsoft’s dashboards, can enable organizations to measure impact, identify trends, and cater learning experiences accordingly.
