ESOFT MBA BATCH #24 MC Dilshan

  What is Skill Gap? Skill Gap is the difference in the skills required on the job and the actual skills possessed by the employees. Skill gap presents an opportunity for the company and the employee to identify the missing skills and try to gain them. Employees are recruited by companies to work on fulfilling company objectives. Hence, people with the correct skill sets are recruited by companies. However, often it happens that employees lack certain knowledge & training which creates a skill gap. Because of this the employee is unable to perform the complete job.  How to identify skill gaps in the workplace The first step is to take a closer look at employee performance in order to identify skill gaps.  This involves gathering  data  in order to determine competency and performance gaps and find root causes that need addressing. As a side note, this process is also helpful when you want to discover employee training needs. Looking at th...

  Human Resource Management (HRM) - Definition and Concept We often hear the term Human Resource Management, Employee Relations and Personnel Management used in the popular press as well as by Industry experts. Whenever we hear these terms, we conjure images of efficient managers busily going about their work in glitzy offices. In this article, we look at the question “ what is HRM ? ” by giving a broad overview of the topic and introducing the readers to the practice of HRM in contemporary organizations. Though as with all popular perceptions, the above imagery has some validity, the fact remains that there is much more to the field of HRM and despite popular depictions of the same, the “art and science” of HRM is indeed complex. We have chosen the term “art and science” as HRM is both the art of managing people by recourse to creative and innovative approaches; it is a science as well because of the precision and rigorous application of theory that is required. ...