Combining Upskilling and Internal Mobility Seamlessly: Edcast Launches New Solutions
The solution includes skills assessments and talent marketplace integrations with other leading talent companies to offer internal mobility and job role matching capabilities.
The solution includes skills assessments and talent marketplace integrations with other leading talent companies to offer internal mobility and job role matching capabilities.
As the business world accepts the “new normal” and moves ahead, the challenge staring it in the eyes is the effective management of talent. Revenues across most sectors have dropped significantly, and economies are already entering a deep recessionary phase. But as with all cycles, at some point in time, there will be a recovery phase and then an upswing. Until such time, organizations must ask an all-important question – how can they make the most of the talent they have?
EdCast has announced that in collaboration with talent management partners, it has launched new and integrated career pathing and internal mobility solutions. This allows EdCast to offer complete and personalized talent management and upskilling capabilities. It includes skills assessments and talent marketplace integrations with other leading talent companies to provide internal mobility and job role matching capabilities.
Companies are looking for solutions that can take upskilling to the next stage of mapping talent into internal roles. There is, therefore, a large and complex market for corporate skills tools and platforms, and EdCast meets this requirement by smoothly integrating its learner experience platform (LXP) with these leading skills and talent management platforms. Organizations can use career planning options and find recommendations for professional learning and skills development.
They can identify and manage core talent management issues, such as which employees could possibly be redeployed or quickly upskilled for critical open roles. From the employee’s perspective, the solution gives them visibility into the upskilling needs of their organization and how to develop them to meet their and their employer’s short- and long-term goals.
“With today’s work uncertainty and rapidly-shifting skills needs, organizations urgently need to empower employees with career pathing and internal mobility,” said Karl Mehta, CEO and founder of EdCast. “Our new capabilities provide a consumer-like experience with flexibility and choice to connect with any leading talent marketplace platform to help employers enable personalized career paths, thereby achieving savings in redeploying talent and promoting from within instead of hiring from outside.”
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The Market for Internal Mobility and Upskilling Platforms Is Continually Growing
EdCast’s latest offering on improving internal mobility and career pathing follows a long list of similar offerings recently launched by other companies.
For instance, Phenom recently launched HR Resiliency Playbooks, designed to help companies accelerate recruitment, establish employee agility, and prepare for talent recovery virtually. “Accelerating Virtual Recruiting, Establishing Employee Agility and Preparing for Talent Recovery” are the three requirements it meets through step-by-step plans. The playbook on establishing employee agility focuses on how to reassign existing employees from business areas that are slowing down to growing sectors internally.
Eightfold.ai revamped its Talent Intelligence platform to include Project Marketplace. The purpose is to guide companies on top performer retention, reskilling, and high-quality recruitment. Eightfold.ai has launched this as its first artificial intelligence (AI) solution through which employees can assess their current skills, map themselves to relevant roles, identify career progression options, discover mentoring support, and enroll in learning programs to upgrade themselves.
Randstand RiseSmart launched RiseSmart Skilling™ to support the skill-building needs of employers for their workforce. Employees can close their skills gaps and self-learn new areas. The solution components within the RiseSmart’s talent mobility platform and mobile app are Occupational Explorer for career exploration, Learning Hub to search for courses, Career Concierge, a dedicated course specialist, and Certified Learning Advisor who is a trained L&D expert.
These platforms also compete with those specifically designed for internal mobility. For example, TalentSoft is one such platform. It provides an internal job board for the organization, where employees can see jobs available both locally and globally. This helps them apply for jobs quickly and allows them to plan their career within an organization. The platform also identifies mobility trends and analyzes data to help HR teams in the development of relevant training programs.
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With solution providers like EdCast joining the list of companies that offer comprehensive talent management roadmap, it is becoming more apparent that the demand for these solutions is high. More companies will now focus on upskilling and internal mobility as against layoffs and furloughs. To make the most of employee skills and talents, organizations will have to increasingly lean on technology that allows them to capture relevant data and visualize it cleanly so they can make the most efficient decisions. This will lead to a shift in focus from short-term cost-cutting to long-term investment.
