Measuring the ROI of Skills Intelligence
For the CFO, the "Bankability" of a Skills Intelligence Platform is measured by "Time-to-Capability." This document details the metrics used to calculate ROI:
Recruitment Savings: The reduction in external agency fees by utilizing the internal marketplace.
Upskilling Efficiency: The reduction in "Wasted Learning" by only pushing training that addresses a documented skill gap.
Agility Metric: The speed at which an organization can re-deploy a team of $50$ people to a new strategic initiative.
Retention Lift: The correlation between "Skill Visibility" and reduced voluntary turnover.
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