The Skills Economy

Moving Towards Skills based Organization

Col (Dr) Shabbar Shahid. M-Tech, MBA(Fin), CE, FIE(I), PhD and Sofia S

Welcome to "Skills-Based Economy: Transforming into a Skills-Based Organization".

Welcome to "Skills-Based Economy: Transforming into a Skills-Based Organization".

In today's fast-paced and ever-evolving business landscape, the key to maintaining a competitive edge lies in harnessing the power of skills. As organizations worldwide transition from traditional roles to a more dynamic, skills-based approach, it's crucial to understand how to effectively navigate this transformation. This comprehensive online course by Col (Dr) Shabbar Shahid is designed to give you a clear understanding of what a skills based economy and a skills based organization means and also to equip you with the knowledge and tools necessary to successfully implement a skills-based framework within your organization while preparing your own self to face the challenges of a skilled based organization.

Course Overview

In this course, you will get a clear understanding of :

# What exactly is a skills based economy and a skills based organization

# What is the difference between a Job or Role based organization and a skills based organization

# Why would organizations want to transform into skills based from Job or Role based?

# How can organizations transform from Role or Job based to Skills based

# Skills Mapping and the process of Skills Mapping

# Identifying the Skills gap for Current and Future requirements

# Skils Gap Analysis.

# Skills based hiring and Agile workforce architecture

# Embracing a culture of Learning and Skills development

# The importance of a skills-based economy for modern organizations.

# The Pros and Cons and the Challenges as we move towards Skills based organizations

Why Choose This Course?

# Expert Instruction: The instructor is a doctorate in management with over four decades of experience and has the skills to explani the subject in an easy to understand manner with examples which you can relate in daily life

# Quick Response : The instructor is committed to providing quick response to all your queries

# Flexible Schedule: Access course materials anytime, anywhere, at your own pace.

# Certification: Earn a certificate upon completion, showcasing your preparedness for a skills-based organization.

Intended Learners

This course is designed for:

HR Professionals: Looking to revamp their talent management strategies.
Learning and Development Specialists: Seeking to implement effective training programs.
Business Leaders and Managers: Aiming to drive organizational change and innovation.
Consultants and Advisors: Helping clients transition to a skills-based approach.
Anyone: Interested in understanding the future of work and enhancing their career prospects in a skills-driven economy.

Join us on this transformative journey and be at the forefront of the skills revolution.

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What's inside

Learning objectives

What is skills based economy and skills based organization?
How does a skills based organization differ from a job or role based organization?
Why is there a need or why would organizations want to transform into skills based organizations
How can an organization transform or move from role based to skills based?
Skills mapping. identifying and assessing the skills

Skills mapping. creating a skills database
Skills mapping. analysing the skills gap...current and future
Skills based hiring and agile workforce architecture
Embracing a culture of learning and skills development
The pros and cons and challenges as we move towards skills based organizations

What is skills based economy and skills based organization?
How does a skills based organization differ from a job or role based organization?
Why is there a need or why would organizations want to transform into skills based organizations
How can an organization transform or move from role based to skills based?
Skills mapping. identifying and assessing the skills
Skills mapping. creating a skills database
Skills mapping. analysing the skills gap...current and future
Skills based hiring and agile workforce architecture
Embracing a culture of learning and skills development
The pros and cons and challenges as we move towards skills based organizations

Syllabus

Introduction

Welcome note

Promo

Preview

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Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in The Skills Economy: Moving Towards Skills based Organization with these activities:

Review Job descriptions for Skills-based roles

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Organize key takeaways from your review of today's job market to make connections to your course materials and identify where you stand in terms of skills and knowledge gaps.

Browse courses on Job Descriptions

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Create a table to list skills being sought after for Jobs as it Appears in Job Descriptions
Identify your current knowledge and skills and identify gaps

Review your experience with skills mapping

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Take some time to review and list down your experience and prior learning in skills mapping to help you identify areas of strengths and weaknesses and areas you may need to ask the instructor for support.

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List down your professional experience in skills mapping in general
List down your specific experience in skills mapping in the context of business transformation
List down your relevant certifications and training related to skills mapping

Review basic accounting principles

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Refreshes your understanding of fundamental accounting principles, providing a stronger foundation for the course.

Browse courses on Accounting Principles

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Review notes or textbooks on basic accounting concepts.
Work through practice problems to reinforce your understanding.

Seven other activities

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Read 'Financial Accounting: Theory and Practice' by Kieso, Weygandt, and Warfield

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Provides a comprehensive overview of the field, reinforcing key concepts covered in the course.

View Accounting Principles on Amazon

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Read each chapter thoroughly, taking notes on important concepts.
Complete the end-of-chapter exercises to test your understanding.

Practice accounting equations and journal entries

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Strengthens your ability to apply accounting principles and improve problem-solving skills.

Browse courses on Journal Entries

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Find practice problems online or in textbooks.
Solve the problems, ensuring accuracy and completeness.
Compare your answers to solutions to identify areas for improvement.

Analyze Skills Gap

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Gain additional insights into Skills Gap Analysis through external resources like tutorials to enhance your understanding of the course's materials.

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Review Skills Gap Analysis tutorial
Answer the online quiz on Skills Gap Analysis

Follow tutorials on advanced accounting topics

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Introduces advanced concepts and techniques, expanding your knowledge beyond the course curriculum.

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Identify specific advanced accounting topics you want to learn.
Search for online tutorials or courses that cover those topics.
Follow the tutorials, taking notes and applying the concepts to practice problems.

Attend a workshop on financial statement analysis

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Provides practical insights and hands-on experience in analyzing financial statements, complementing the theoretical knowledge gained in the course.

Browse courses on Financial Statement Analysis

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Research and identify relevant workshops in your area.
Register for a workshop that aligns with your learning goals.
Actively participate in the workshop, asking questions and engaging in discussions.

Develop a presentation on a specific accounting topic

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Enhances your understanding of a chosen accounting topic and improves your communication skills.

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Select an accounting topic that you are interested in or need to strengthen your understanding of.
Research and gather information on the topic.
Create a presentation that clearly explains the topic, using visuals and examples.
Present your work to peers or colleagues, seeking feedback to refine your understanding and delivery.

Volunteer at a non-profit organization

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Provides practical experience in applying accounting principles and enhances your understanding of the social impact of accounting.

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Identify a non-profit organization that aligns with your interests.
Inquire about volunteer opportunities and specific tasks that involve accounting.
Assist with accounting tasks, such as data entry, financial reporting, or auditing.

Career center

Learners who complete The Skills Economy: Moving Towards Skills based Organization will develop knowledge and skills that may be useful to these careers: