An organization is not just a collection of people but also a cumulation of their knowledge, talent, and capabilities. Organizations of today are powered by skills and competencies, and hence it is no surprise that skills management has become a cornerstone of human resources management. Skills management form the foundation in identifying the skills that job roles require, the skills of individual employees, and any gap between the two. This is an article / point of view paper about skills on cloud solution for HR leaders. There are only a few companies in the skills business landscape focusing skills ontology based skills inventory system. Application of pure data science can help HR process to focus on skills and its personalization.
The current jobs and of those of the future will be defined by a specific set of skills and knowledge rather than a bundle of tasks. But, finding the necessary skills from documents and processing them for a specific job is a challenging endeavor. This is because a skill can be formulated in many different ways and can have different level of details present. Now, imagine a system that intelligently analyzes the capabilities, experiences, and skills of people, matches them to job profiles and identifies the characteristics of the highest performers. This information could be used by managers, individuals, and executives to recruit people, develop learning plans, and create dynamic career paths for everyone in the organization.
However, to effectively connect people with opportunities, organizations first need to solve a fundamental skills data problem that exists at the core of their workforce technology.
Let us start at the very basic definition. What is an ontology? An ontology in simple terms, can be described as a “categorization scheme” for large amounts of data. In the context of database systems, ontology is a formal representation of the knowledge by a set of concepts within a domain and the relationships between those concepts. Ontology provides a shared vocabulary, which can be used to model a domain and/or concepts, their properties and relations. In short, ontologies provide a shared knowledge of a domain.
Skills Ontology is a structured resource of skills. The Skills Ontology helps in identifying skills and experiences in your workforce. It consists of a rich and dynamic resource of skills across industries and functions for easy mapping of skills to people and jobs. Skills Ontologies enable matching datasets and help to bring a universal commonness in the use of semantics used for skills. It uses information on skills much more efficiently, thus helping people to make better decisions and choices. It also enables an effective flow and use of information on skills, collected from across the global talent landscape.