U.S manufacturing companies need talent marketplaces to provide an array of employees with different skill sets who are ready to work in the industry. However, it functions more than just matching employees with job opportunities.
A talent marketplace is an internal system within a company with a talent development focus. Employees may sell their abilities and pursue their goals due to the existence of the talent market. Additionally, it enables businesses to advertise jobs, gigs, and new positions as well as mentorship possibilities.
Employees who are eager to learn and develop their skills can also make use of the talent marketplace. Employees gain because they can follow their passions, acquire new skills, and advance in their careers. Both the employees and the companies gain because the employees offer their services while the companies educate them to work for them and increase their production.
The manufacturing companies can make use of these platforms to create a formal learning program to equip their employees with the right knowledge and techniques required to work in the industry. With the platform manufacturing companies can focus on promoting learning and development.
It enables the company to know all the available talents in the organization, where they are lagging in skills development, and the skills that need to be learned. With this information, a formal learning program can be staged.
Leveraging a talent marketplace helps manufacturing organizations save time and money. They are more easily able to identify employees who can fill open roles which reduces recruitment costs. The time needed to onboard a new employee is reduced because a current employee might be familiar with systems, processes, teams and the organization’s culture.
How to develop a learning program through the talent marketplace.
1. Define the company’s goal
The first thing the manufacturing industries should do is to define the company’s goal whether it is short-term or long term and the best way and skills to achieve it. It also enables them to create a clear strategy for employee development.
2. Write out the needs and opportunities.
The next step is to identify and write out the company’s needs and opportunities, the skill they are lacking and the areas to invest in, and how they can train the employees to achieve their aims.
3. Design the learning program
Another clarifying the needs of the companies is to design the learning and development programs. It must be simple, flexible, and impactful for the employees. This is where what to teach, how to teach, and where to teach are determined.
4. Create a culture of continuous learning
To continue improving the employees it’s proper to create a continuous learning culture where employees would share their ideas and learn new skills.
Lastly, the talent marketplace is not only useful in connecting employees to manufacturing companies but also in creating learning and development programs for employees.
