{"id":108921,"date":"2024-11-08T15:35:01","date_gmt":"2024-11-08T23:35:01","guid":{"rendered":"https:\/\/www.betterworks.com\/?p=108921"},"modified":"2024-11-08T15:35:05","modified_gmt":"2024-11-08T23:35:05","slug":"talent-profile","status":"publish","type":"post","link":"https:\/\/www.betterworks.com\/magazine\/talent-profile\/","title":{"rendered":"Modern Talent Profiles: Strategy, AI, and Verification"},"content":{"rendered":"\n<p>Understanding what your workforce is capable of is essential for staying competitive. And today, HR leaders need more than the static snapshot provided by traditional talent profiles. They need real-time insights into evolving skills, career goals, and growth potential to drive forward-looking workforce planning.<\/p>\n\n\n\n<p>Without this real-time understanding, organizations risk missing out on top talent and struggling to fill critical roles. According to Betterworks\u2019 <a href=\"https:\/\/www.betterworks.com\/skill-fitness-report-2024\/\">2024 Skills Fitness report<\/a>., nearly 8 in 10 companies have had to adjust hiring standards due to skills shortages.<\/p>\n\n\n\n<p>To meet these challenges, we need a new kind of talent profile\u2014one that evolves as fast as the world of work. Modern, dynamic talent profiles provide continuous, real-time views of each employee\u2019s skills, achievements, and potential. Here\u2019s how these talent profiles work and how they can transform your talent strategy.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What are talent profiles?<\/h2>\n\n\n\n<p>A talent profile, also known as an employee profile or professional profile, is a comprehensive summary that includes information like employee\u2019s degrees and certifications, job titles, skills, accomplishments, and any assessment results to date.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.linkedin.com\/in\/alitzenbergerhighered\" target=\"_blank\" rel=\"noreferrer noopener\">Ashley Litzenberger<\/a>, senior director of product marketing at Betterworks, likens these profiles to people\u2019s public profiles on LinkedIn. \u201cWhen we think about how we use LinkedIn to get to know people, it\u2019s the same way that talent profiles are meant to be used within an organization.\u201d The difference is that these organizational talent profiles generally focus on organization-specific data.<\/p>\n\n\n\n<p>Modern talent profiles take this a step further, often adding information like verified skills based on, performance reviews, manager-employee conversations, feedback, and career development goals. This profile, visible to managers, employees, and HR, enables more informed decision-making on talent development and succession planning. It also serves as a source for manager-employee development conversations and action plans.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What makes a great employee talent profile?<\/h2>\n\n\n\n<p>A great talent profile is a dynamic resource that gives leaders an up-to-the-minute view of their workforce. It helps create strategic alignment between an employee \u2014 their skills and abilities \u2014 and the requirements that a company has for a specific job or task. Talent profiles are a valuable tool for building employee trust in the organization. Employee confidence will grow as employees see their company leveraging the talent profile to better understand what skills the employee offers and engaging them in professional development. This transparency ultimately builds engagement and loyalty and drives employee productivity.&nbsp;<\/p>\n\n\n\n<p>Here are the key elements that set modern talent profiles apart.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Real-time data on skills and qualifications<\/h3>\n\n\n\n<p>According to Betterworks\u2019 2024 Skill Fitness report, nearly 70% of HR professionals use performance evaluations to assess skills. This is an essential avenue for surfacing existing skills and those that are being developed, but frequency is an issue. Many organizations still rely on annual or semi-annual performance reviews, leaving some skills hidden.&nbsp;<\/p>\n\n\n\n<p>Real-time performance metrics, however, provide an up-to-date view of each employee\u2019s strengths and potential, essential for <a href=\"https:\/\/www.betterworks.com\/magazine\/3-ways-to-improve-work-performance\/\">improving employee performance<\/a>,&nbsp; uncovering skills, aligning skills with long-term personal and organizational goals, and succession planning.. This continuous data flow transforms talent profiles from static records into tools that drive growth and retention.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Validation by managers<\/h3>\n\n\n\n<p>Regular input from managers keeps talent profiles accurate and actionable. \u201c Manager reviews help ensure the skills and competency levels listed in talent profiles are accurate, especially when they have access to relevant evidence from goal completion, peer feedback, and other sources during the review and validation process,\u201d Ashley says.&nbsp;<\/p>\n\n\n\n<p>Managers can assess skill levels and recency and help employees determine whether to continue developing a particular skill or learn new ones. Ongoing manager insights provide HR with a clear view of employee potential, guiding top performers along meaningful growth paths. This feedback loop captures unique skills in context, enabling timely recognition and targeted development aligned with organizational goals.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Challenges to building effective talent profiles<\/h2>\n\n\n\n<p>Organizations often face several key challenges when building and implementing talent management profiles.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Incomplete or outdated skills data<\/h3>\n\n\n\n<p>Comprehensive talent profiles pull data from multiple sources, including certificates, goals, and real-time feedback. However, annual performance evaluations \u2014 the primary source of skills data according to the Betterworks report \u2014 can quickly become outdated if they are only conducted once or twice a year. Profiles are most effective for talent management when they reflect current, relevant, and actionable data.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Software and integration barriers<\/h3>\n\n\n\n<p>Many HR systems struggle with integrating data for talent profiles, creating challenges in bringing <a href=\"https:\/\/www.betterworks.com\/magazine\/feedback-on-employee-performance\/\">performance feedback<\/a>, training certifications, and other insights into one place.&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Solutions: AI-augmented talent profiles and skill mapping<\/h2>\n\n\n\n<p>New technologies and approaches to talent management are emerging that can help organizations overcome these challenges and build more effective talent profiles.&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Leveraging AI for real-time data insights<\/h3>\n\n\n\n<p>AI enables HR leaders to surface data from multiple sources, such as performance feedback, peer reviews, and project or goal outcomes to maintain current and complete talent profiles. AI-driven tools uncover patterns, new and hidden skills, and potential skill gaps early, ensuring profiles align with business goals and supporting proactive talent management to meet organizational needs.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"580\" src=\"https:\/\/www.betterworks.com\/wp-content\/uploads\/2024\/11\/Talent-Profiles-SEO-Internal-1-1024x580.jpg\" alt=\"\" class=\"wp-image-108922\" srcset=\"https:\/\/www.betterworks.com\/wp-content\/uploads\/2024\/11\/Talent-Profiles-SEO-Internal-1-1024x580.jpg 1024w, https:\/\/www.betterworks.com\/wp-content\/uploads\/2024\/11\/Talent-Profiles-SEO-Internal-1-980x555.jpg 980w, https:\/\/www.betterworks.com\/wp-content\/uploads\/2024\/11\/Talent-Profiles-SEO-Internal-1-480x272.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Integrating data from multiple sources<\/h3>\n\n\n\n<p>Modern talent profiles are most effective when they draw from a variety of internal and external data points\u2014performance metrics, goal achievements, peer feedback, professional certifications, and resume data\u2014to offer an in-depth view of an employee\u2019s history, developing strengths, and future aspirations. By leveraging multiple sources, these profiles centralize key information and remain fresh and actionable, supporting both immediate workforce needs and long-term talent strategies.<\/p>\n\n\n\n<p>\u201cThere\u2019s an incredible opportunity for AI to facilitate the maintenance, digestibility, and updating of information in talent profiles,\u201d Ashley says. \u201cHowever, those talent profiles need to be reviewed by managers and by employees, so that they have a chance to vet them for accuracy.\u201d&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Skill validation for transparency<\/h3>\n\n\n\n<p>AI-driven skill validation is key to building trust and accuracy in talent profiles. For example, <a href=\"https:\/\/www.betterworks.com\/magazine\/uncover-skills-with-ai-assisted-betterworks-talent-profiles\/\">Betterworks uses AI to infer skills<\/a> from performance, feedback, and goal data, which managers validate with evidence like completed projects. This approach gives HR reliable data for workforce planning and offers employees transparency, ensuring their profiles reflect verified, accurate skills.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Building future-ready talent profiles<\/h2>\n\n\n\n<p>To stay competitive, organizations need talent profiles that go beyond a static snapshot. AI-driven, real-time profiles provide a clear view of in-house skills, emerging capabilities, and gaps, empowering HR to make proactive talent decisions. With continuously updated insights, HR leaders can strategically manage talent, promote employees ready for new challenges, and reduce reliance on external hires, saving costs while fostering internal growth.<\/p>\n\n\n\n<p>Modern talent profiles\u2014powered by real-time data, AI, and verified skills\u2014are the cornerstone of an agile workforce. By integrating these profiles into talent management systems, organizations can cultivate a resilient, adaptable team, aligning individual growth with organizational success. Embracing this approach enhances engagement and retention, making your workforce not only capable of meeting today\u2019s needs but ready for tomorrow\u2019s challenges.<\/p>\n\n\n\n<p>Want to learn more? Check out <a href=\"https:\/\/www.betterworks.com\/skills-fitness-expert-insights-webinar\/\">Skills Fitness: Expert Insights in Building a Skills-Based Organization<\/a>.<\/p>\n\n\n<div class=\"lazyblock-post-resource-cta-cOoRF align  wp-block-lazyblock-post-resource-cta\"><div class=\"custom-post-resource-box\" style=\"background:url('https:\/\/www.betterworks.com\/wp-content\/uploads\/2024\/11\/12-2024-PI-S_S-Horizontal.jpg;') no-repeat center;background-color:;box-shadow: 0px 0px 18px -5px ;background-color:\">\n  <div class=\"custom-box-heading\" style=\"max-width:50%;\"><p style=\"color:#ffffff;font-size:30px\">Skills Fitness: Expert Insights in Building a Skills-Based Organization<\/p><\/div>\n  <div class=\"custom-box-cta\" style=\"\"><a class=\"et_pb_button\" href=\"https:\/\/www.betterworks.com\/skills-fitness-expert-insights-webinar\/\" style=\"color:#2A445E;background-color:#ffffff;\">Register today<\/a><\/div>\n<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Learn how AI-powered talent profiles and skill mapping help close the skills gap by providing real-time, verified data and fostering internal mobility.<\/p>\n","protected":false},"author":111,"featured_media":108923,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","inline_featured_image":false,"footnotes":""},"categories":[3307,59],"tags":[],"featured_location":[],"industry":[],"class_list":["post-108921","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-performance-management","category-strategic-alignment"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v18.1 (Yoast SEO v23.9) - 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