Techniques to meet skill requirements Flashcards
Define the term recruitment, state advantages and disadvantages
Replace a leaver to bring additional skills to the workforce, responds to change in business direction
Adv - brings a fresh perspective and talent diversity
Dis- Costly and timely due to hiring process, onboarding etc.
Define the term upskilling, state advantages and disadvantages
Teaching employees additional skills, to enhance existing skill set to increase staff capabilities and create progression opportunities e.g. promotions
Adv - employee development, increased productivity
Dis - timely and resource intensive
Define the term reskilling, state advantages and disadvantages
Teaching new skills in house, carried out by skilled staff to provide on the job training
Adv - adaptability, internal talent pool
Dis - resistance to change, resource intensive
Define the term training, state advantages and disadvantages
Reskilling or upskilling employees, bought by specialist, can be accredited or non-accredited
Adv - improved performance, consistency in staff
Dis - Costly and timely
Define the term outsourcing, state advantages and disadvantages
Obtaining goods/services from outside suppliers, more efficient and cost-effective to meet skill requirement business is lacking
Adv - Access to specialised skills, cost-efficient
Dis - loss of control, communication/quality issues
Define the term changing job roles, state advantages and disadvantages
To ensure the most suitable person is in the right role, engages with employees through upskilling or reskilling knowledge
Adv - Adaptability and enhances skills
Dis - Potential workforce disruption and resistance to change
Define the term restructuring, state advantages and disadvantages
Making employees redundant as they are no longer needed in the organisation
Adv - cost-efficient, streamlined operation
Dis - resistance to change and workforce disruption
