Visier and Partners Launch Open Skill Initiative to Transform AI Workforce Dynamics

In a significant move aimed at transforming the landscape of workforce management, Visier has launched the Open Skills Initiative (OSI), collaborating with leading skills intelligence providers such as TechWolf, Fuel50, Lightcast, and Revelio Labs. This initiative comes at a critical time when businesses are grappling with skills shortages intensified by the rapid adoption of artificial intelligence in the workplace and an increasing wave of retirements. The OSI is designed to equip business leaders with the tools they need to assess existing employee skills, facilitating proactive planning for an AI-enhanced workforce.

Through the integration of data from these skills intelligence providers with Visier's advanced people data platform, organizations can derive insightful analyses about their workforce's capabilities. Utilizing Visier's Vee, a natural language AI interface, leaders can swiftly address key questions surrounding their employee skills, such as identifying priority skill gaps, planning for workforce turnover due to retirement, and evaluating the best strategies to bridge skill deficiencies.

Gary Russo, Executive Director of Workforce Intelligence at Providence Health Services, aptly captured the essence of this collaboration: "Bringing together people analytics and skills data will help us innovate in our sourcing and career pathing strategy, ensuring we have reliable sources of the right talent with the right skills, now and into the future."

As Keith Bigelow, Senior VP and Chief Product Officer at Visier explains, the swift integration of AI in various departments amplifies the necessity for upskilling and reskilling among workers. By blending comprehensive workforce analytics with skills data, Visier empowers companies to adapt swiftly and develop a workforce ready for future challenges.

The OSI promotes smooth information exchange between different stakeholders, thereby expediting decision-making. This collaborative framework is crucial for organizations aiming to engage in ongoing workforce planning and adaptation to new business dynamics. The award-winning Visier People Data Platform enables businesses to analyze and visualize critical metrics related to costs, retention, promotions, and diversity through the lens of skills, ensuring alignment with evolving business needs.

Yasamin Karimi, VP of Product at TechWolf, elaborates on the importance of this partnership, stating, "TechWolf's AI products are a core part of the data foundation for enterprise workforce transformation, while Visier acts as the powerful dashboard that synthesizes TechWolf's data with other significant sources. Together, we empower organizations to pose essential questions, gain critical workforce insights, and make data-driven decisions for improved workforce planning."

The OSI's mission extends to building employee skills profiles by maximizing the value of rich skills data. Visier utilizes its renowned analytics capabilities to highlight vital business challenges, facilitating:
1. Reduction of business risks by aligning workforce skills with requirements.
2. Talent retention through avenues for reskilling and upskilling.
3. Initiation of transformative workforce planning with insights on remote work and automation.
4. Enhanced revenue and market competitiveness by ensuring staff possess the necessary skills to fulfill the company's strategies.
5. Decreasing recruitment costs by leveraging internal talent and promoting role mobility.
6. Elevating workforce productivity by aligning employee skills with optimal roles.

Sean Sampayo, Chief Product Officer at Fuel50, emphasizes the foundation of skills data in formulating impactful talent strategies: "We've long believed that skills data is the foundation for impactful talent decisions. By partnering with Visier, we're helping organizations unlock the full potential of their workforce by enhancing workforce intelligence and enabling smarter talent strategies."

Moreover, Cole Napper, VP of Research Innovation at Lightcast, points out the dual need for internal and external skill insights: "To navigate talent shortages, the AI-inflected job evolution, and demographic shifts, organizations require insights that encompass both internal and external skill evaluations. The Lightcast and Visier partnership provides real-time data on industry, competitor, and in-demand skills for every role, ensuring business continuity and crafting a competitive edge in an era of rapid workforce transformation."

Ben Zweig, CEO of Revelio Labs, highlights the adaptability of organizations amid fluctuating job landscapes: "This partnership between Visier and Revelio Labs will help organizations adapt to the constantly evolving occupational landscape, providing the structure needed to comprehend their workforce effectively, thus overcoming the challenges posed by AI and automation."

Visier, founded in 2010 by pioneers in business intelligence, is recognized as a leader in AI-powered workforce analytics. The company provides over 65,000 clients in 75 countries with innovative tools to understand the intersection of people and work, boosting productivity while adapting to rapid changes. Their comprehensive platform is instrumental in realizing the true potential of both people and work data, equipping organizations to achieve success in a challenging environment. The Open Skills Initiative marks a bold step forward for businesses aspiring to harness the full capabilities of their workforce, securing a competitive advantage in the dynamic world of work.

Topics Business Technology)

【About Using Articles】

You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.

【About Links】

Links are free to use.