SKILLS TAXONOMY

Develop a unique skills taxonomy with our experts

Your business and its requirements are unique, which means the taxonomy you create should be tailored to your needs and strategic ambitions.

MuchSkills partners

How it works

Our experts will help you created a bespoke skills taxonomy to your unique business needs

Here is what a project looks like: 

Step 1

Skills workshop

Together with you, we identify the roles, skills, certifications and competences needed to satisfy current and future business objectives.

Step 2

Creating the skills taxonomy

Based on your specifications, we iterate & develop a skills taxonomy that satisfies each role, covering both technical & soft skills.

Step 3

Implementation in MuchSkills

We will deploy all roles and skills into the MuchSkills skills management platform. During staggered lunch-and-learn sessions, we walk through how employees can maximise their skills mapping experience.

Done

You now possess a  skills and competences library/database to help you with your strategic workforce planning efforts. Employees can now also keep a track of their skills development, goals and skill-gaps.

Skills intelligence

Skills research and analysis

Our research team can also assist you in analysing your skills data, preparing skill gap and risk reports, developing learning and development strategies, formulating future skills plans, conducting leadership skills analytics, and much more.

We guide you every step of the way

From setup to strategy, our experts help you unlock the full value of skills intelligence

ONE
Skills taxonomy design

Work with our experts to define the skills your organisation needs to succeed

TWO
Workforce mapping

Capture every employee’s skills, certifications, and competencies accurately

THREE
Enablement & training

Equip managers, HR, and L&D teams to lead with confidence using skills data

FOUR
Insights into action

Turn your data into strategies, and your strategies into measurable outcomes

1. Skills-based organisations outperform their peers

According to a major study by Deloitte, skills-based organisations are:

107%
more likely to place talent effectively
98%
more likely to retain top performers
98%
more likely to prioritise growth
63%
more likely to achieve results than those that have not adopted skills-based practices.
57%
more likely to effectively anticipate and respond to change
52%
more likely to innovate

2. Poor staffing choices make or break projects

Nearly 2 out of 3 software and IT projects are not fully successful because of poor staffing choices, according to the CHAOS 2020 report that studied over 50,000 projects. That is not always a talent shortage problem. It is also a talent visibility problem. Many times, organisations have the right people – they just cannot find them fast enough, or do not know they have them at all.

The cost shows up differently depending on how you measure it. For a manager running a delivery team, it is a project that slips. For an HR leader, it is a hire that was never necessary. For a consulting firm of 400 people billing at €120 per hour, a single percentage point improvement in utilisation represents over €600,000 in annual revenue recovered. At 3%, that is more than €2.5 million – from people who were already on the payroll.

Skills visibility is not a people initiative. It is a commercial one.

3. Skills management drives productivity

Firms that match employees to the work most suited to their skills are measurably more productive, and their ability to do so depends on the quality and experience of their management (Centre for Economic Policy Research, 2022). But even good managers are constrained by what they can see – and without reliable skills data, the best intentions produce imprecise decisions.

Making better use of employees' existing skills can improve productivity, reduce inequality, and contribute to economic growth. (OECD/ILO, 2017)

4. Engaged employees are more productive employees

Highly engaged teams deliver 14% higher productivity, up to 18% higher sales productivity, and 23% higher profitability compared to low-engagement teams. (Gallup)

Low engagement, on the other hand, carries a real cost. Employees who are not engaged cost their company the equivalent of 18% of their annual salary. (Gallup, 2020)