Organizations face the challenge of identifying and resolving skill gaps in their workforce as the workplace is constantly changing. The need for continuous learning and development has never been more critical, and Totara Talent Experience Platform (TXP) is uniquely positioned to help organizations meet these demands. In this blog post, we will explore how the Edvanta-powered Totara Talent Experience Platform can empower businesses to assess and remedy skill gaps, ensuring they are prepared for the future of work.

Identifying Skill Gaps: A Growing Concern

Today’s rapidly changing business landscape requires organizations to be agile, adaptive, and responsive to market needs. As new technologies and methodologies emerge, skill gaps within a workforce can hinder a company’s ability to innovate and stay competitive. These gaps may manifest as a lack of technical or soft skills, creating a need for organizations to invest in upskilling and reskilling initiatives.

According to the Gartner Skill Gap Analysis  article: 

As companies look at what it will take to digitalize their operations, many HR leaders see there is a significant skills gap. In fact, 64% of managers don’t think their employees are able to keep pace with future skill needs. Furthermore, 70% of employees say they haven’t even mastered the skills they need for their jobs today.

Enter Totara TXP: Modern Talent Development for the Modern Workforce

The Totara (TXP) Platform is a robust talent experience system that integrates learning, performance, and engagement into a single platform. With its powerful features, organizations can effectively identify skill gaps and develop targeted learning plans to bridge these divides. Here’s how Totara enables organizations to address skill gaps:

1. A Framework for Seamless Experience

A modern organization needs a LMS that they can trust as the strategic backbone of their L&D strategy. Totara Learn provides a flexible framework for organizations to measure what matters: learning anywhere with easy access for their employees. Its multitenant architecture allows multiple departments, partners, and customers to access a single instance with a branded experience. 

2. Skills and Competency Frameworks

Within an organization, defining and managing an organization’s competencies and skills is made much easier with the help of Totara’s comprehensive framework. With Totara Perform, HR and L&D managers can create personalized skill assignments. They can create a purposeful coaching experience based on the strengths of the employees and provide further opportunities for employee growth. It also integrates with the organization’s Human Capital Management (HCM) products, such as payroll, recruiting, and talent management, to offer a seamless experience to all stakeholders. 

3. A Modern Learning Experience Platform

Totara Engage offers personalized learning and content to help your workforce grow in line with your strategic goals. It also helps you build spaces for your teams to quickly curate, create, and share micro-learning, articles, and videos to create a culture of learning. Your workforce will also be connected through ratings and comments. 

The best feature of Engage is its powerful recommendation engine, which creates personalized learning recommendations based on interests, skills, prior knowledge, and content engagement.

4. Workforce Development and Retention

Totara TXP can ensure that your workforce continues to develop the right skills for the job. It offers performance management tools that ensure the employee’s goes through onboarding, becomes part of the learning culture, participates in robust 360 feedback, and achieves their organizational and personal goals. He has continuous conversations and builds a skills profile, allowing them to reach their aspirational positions. 

5. Culture of Collaboration and Coaching

Totara empowers your L&D team with the right set of tools to allow them to build a culture of collaboration and coaching. This further assists them in bridging the skills gaps by building problem-solving and critical thinking abilities. This ensures that the team doesn’t follow a one-size-fits strategy and empowers your workforce with personalized learning plans, skills goals to learn together in a vibrant community where everyone is represented equally. 

6. Extended Enterprise

Organizations today deal with multiple audiences that may require skills building. It can be their workforce, partner organization, and today many extended enterprises offer customer upskilling as part of their L&D goals. The Totara TXP allows the functionalities that go beyond your enterprise and allows this continuous learning journey across the channels.  

In Conclusion

Totara Talent Experience Platform offers a comprehensive solution for assessing and addressing skill gaps in today’s rapidly changing business landscape. By leveraging its powerful features, organizations can create a culture of continuous learning and development that empowers employees to reach their full potential. Investing in Totara TXP is an investment in your organization’s future, ensuring that you remain competitive and well-prepared for the challenges of the future of work.