JobKred

Skills are the currency of the future in the business world. As the world is changing and competition among businesses is increasing, leaders need to invest in impeccable workforce transformation and skills development to help their employees grow and evolve with their organizations. This need became business-critical after the COVID-19 pandemic disrupted conventional business operations and management of employees. One of the main reasons most organizations are still struggling to manage their workforces and enhance skill development is because of the increasing complexities in skill assessment and training. At the same time, the expensive pricing of HR consultants is also hindering numerous firms from gaining expert support in driving their workforce transformation and skills development endeavours.

Helping organizations build an agile and future-ready workforce with its one-stop-shop skills intelligence platform is Singapore-based JobKred. The company leverages AI and Big Data analytics to help its clients in analyzing, identifying, customizing, and quantifying the existing skillsets within their organizations. Concurrently, JobKred also recommends innovative and personalized training regimes to help employees develop the relevant skills that align with their firm’s overall operational goals. “The JobKred platform enables real-time human capital intelligence, data-driven strategic workforce planning, personalized learning and development, and predictive talent management under a single pane of glass, helping our clients develop a future-ready workforce,” says Gary Gan, CEO at JobKred.

Further discussing the core competencies of the JobKred platform, Gan mentions its ability to collect critical labor market information and create a library of skills as a key factor in its success.

Furthermore, with the COVID-19 outbreak revealing the lack of agility in the business landscape, JobKred helps its clients establish a highly agile workforce that can seamlessly pivot with their firm in case of an industry/market-disrupting event. In fact,

the company starts every customer engagement by identifying the needs of a client before picking out the required skillsets from its skills library and customizing it to align with the business’ context. And after a project, JobKred ensures that their clients are self-sustaining with respect to workforce transformation by supporting them in the creation of their own skills archive to leverage in the future. “Every organization is different, and so is every employee. And therefore, to holistically engage with our clients, we offer highly personalized features and skills development offerings that are backed by a single source of truth,” explains Gan.

With such unparalleled capabilities, JobKred has ignited several success stories since its inception in 2014. In one instance, the company assisted a global automotive giant in developing their workforce skillsets to capitalize on the imminent opportunities that the emerging EV arena will bring forth. As an enterprise with a global footprint, the client struggled to provide consistent workforce transformation programs that showed efficacy across their footprint. This led the customer to approach JobKred, which allowed the automotive firm to leverage the company’s platform to identify and measure the existing skillsets within their business as well as offer customizable training regimes to satisfy all client needs. “We completed this project in less than three months, which is significantly faster than our contemporaries who typically require years to bring the efficiencies we delivered,” adds Gan.

Looking ahead, JobKred aims to expand its geographical footprint to bigger markets such as Japan and Australia. In pursuit of this, the company has already partnered with Japanese businesses and innovating its platform capabilities to offer highly personalized features to their growing clientele. From a market perspective, Gan predicts the HR tech space to continue moving away from a system of records to a structure purpose-built for self-empowerment in an attempt to prepare itself for potential market-changing events. “As the significance of an agile workforce increases with each quarter, we will continue offering the JobKred platform to help businesses empower their workforces with the relevant skills while helping HR departments make better and more informed decisions concerning human capital management,” concludes Gan.