Dashing Thru Europe: Skills vs. Competencies, Recruiting, Inflation, And The King & Queen of The Netherlands
Nov 25, 2022
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Embark on a two-week adventure through Northern Europe, where skills clash with competencies in today’s workplace. Delve into the evolving landscape of recruitment, emphasizing internal talent and adapting HR strategies to combat inflation and labor shortages. Gain insights from a powerful symposium hosted by the King and Queen of The Netherlands, exploring the role of corporate citizenship in shaping the future of work. Discover how fair treatment and diversity are crucial for businesses navigating these global challenges.
The distinction between skills and competencies is essential for modern HR practices, emphasizing the need for companies to utilize skills clouds over outdated competency models.
Spotify's onboarding approach highlights the significance of instilling organizational culture and collaborative values in new hires to enhance retention and satisfaction.
Deep dives
Understanding Skills versus Competencies
The distinction between skills and competencies is crucial for modern HR practices. Competencies, which are based on outdated organizational development models, define capabilities needed for specific jobs and involve extensive data management. In contrast, skills are seen as relevant metadata that reflect an individual's unique capabilities, often adapting to current market demands and technological advancements. Companies are now tasked with effectively utilizing skills clouds to address specific business challenges rather than relying on extensive competency models that may not yield significant benefits.
The Importance of Onboarding at Spotify
Spotify's approach to onboarding exemplifies a successful integration strategy in a rapidly growing company. With approximately 4,000 new hires in the past year, the organization emphasizes the importance of a thorough onboarding program to instill their unique Swedish culture. This program ensures that new employees understand the collaborative and transparent nature of the workplace before being assigned specific roles. By investing in a comprehensive onboarding experience, companies like Spotify can enhance employee retention and satisfaction, ultimately fostering a high-performing workforce.
The Role of Employers in Shaping the Future of Work
Conversations at a recent symposium revealed that the future of work hinges on decisions made within the private sector. Key issues discussed included fair pay, employment opportunities for marginalized groups, and the need for ongoing reskilling efforts. Employers are urged to view their organizations and communities through a lens of corporate citizenship, impacting not only their workforce but the broader society. By recognizing their responsibilities, employers can contribute positively to societal challenges, ultimately shaping a more equitable future of work.
In this podcast I describe my two-week tour through Northern Europe: Sweden with Workday and Spotify, UK book tour with banks, publishers, and media companies; and The Future of Work Symposium hosted by the King and Queen of The Netherlands. Issues with skills, recruiting, inflation, diversity, and the role of HR and employers in the Future of Work. This Symposium was one of the most interesting and powerful meetings I've attended in years, so stay tuned to hear all about it.
What I Learned From The King And Queen Of The NetherlandsIrresistible: The Seven Secrets Of The World's Most Enduring, Employee Focused Organizations (Now cited as "the most important business primer of our times.")
About UsThe Josh Bersin Company is the leading research, advisory, and professional development organization for HR leaders and their teams around the world. Corporate members gain access to thousands of in-depth research, case studies, tools, advisory services, and benchmarking information. Individuals can join The Josh Bersin Academy for a complete professional development platform, designed to keep HR professionals current on groundbreaking ideas, tools, and best-practices.
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