From the course: Building a Data-Driven Skills-First Workforce Strategy

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How to translate business strategy to skills

How to translate business strategy to skills

- [Presenter] Translating business strategy into skills can seem daunting, but it can be simple if you break it down into the main steps. Step one, focus on impact. In every single company, there are certain business lines that drive more profit or revenue than others. Start with areas that will have the most financial impact in the future for the organization. Is there a specific area of the company where having unwanted vacancies will cause detrimental damage to the top or bottom line? For example, in several organizations, cloud has emerged as a key priority, and that's where the growth is. Ask yourself this, which roles are critical to deliver on the cloud priority? This takes us to step two, clarify current roles and skills. Once you identify the area or priority to focus on, then you can clarify the roles and needed skills. We will continue with the cloud priority, and you have determined the most critical role…

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