Why skills tracking is crucial for your operations

Skills tracking is fast becoming a buzzword of our times. As the COVID-19 outbreak forced us all to adapt our working habits, our skills naturally changed too. Upskilling and reskilling spiked last year, and the challenge managers are facing right now is how to track these developments.

This article will guide you through the essential whys and hows of skills tracking.

Why skills tracking is vital for success

Strong skills tracking ensures that your employees are always able and sufficiently qualified to meet the needs of your business. As a company grows, evolves, and adapts, so too must its workforce. It is vitally important to stay compliant and practice safe working every time: skills tracking guarantees this.

Skills tracking also has the added benefit of improving internal communications. By being actively engaged with the skill development of every employee will increase retention rates. Employees will feel valued and listened to. An issue that is more pressing than ever as the shift in working habits has led to a breakdown in communication for many companies. Skills tracking is one way to motivate and spark connections within your teams.

The “future of work” has a new buzzword: skills

Our world is not the same as it was with the “future of work” now a reality of today. Last year saw a boom in skills learning, as workers adapted to the circumstances. Many absorbed more tasks and more responsibilities. Whilst others took on entirely new roles. The landscape shifted to take on external pressures, and many businesses leaned heavily on upskilling for their contingency planning. In total, there was a 38 percent uptake in training activities last year over 2019.

The issue at hand is now sustainability: how do we ensure that our employees develop their skills at the rate of our business needs? Unfortunately, many companies have already slackened their grip on this, and reports have emerged of widespread dissatisfaction with how learning and development was rolled out. Ineffective skills tracking is plaguing some businesses, leading them to have costly skill gaps arise.

In short: the number of skills your employees hold has drastically increased, the industry itself has changed, and new standards and procedures are undoubtedly on the horizon. Keeping tabs on your skill developments has never been so important. – Read more

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What Are Some SaaS Product Ideas To Boom In The Coming Years?

The SaaS business has seen an immense upsurge in the previous decade. There have been wide changes in every aspect of organizations from on-premise to cloud solutions.

Cloud software distribution, to be specific SaaS, PaaS, and IaaS models, conquered the tech world and now won’t disappear any time soon. Simultaneously, the COVID-19 pandemic expanded the significance of distant work for a business to last as well as provide high benefit.

During the pandemic, SaaS application ideas have attracted many SaaS development companies with their cloud software services. This surge is the reason why people are coming up with fascinating ideas and making their ideas come true.

Who thought SaaS business ideas set-up could be this much fun?

SaaS is known for offering agility and cost-effectiveness to the business, which makes it one of the most reliable amongst other business platforms.

  • As per the growth parameters, the SaaS industry will be worth $143.7 billion by the end of 2022.Hence, investing in SaaS business is a stunning opportunity for the entrepreneurs.
  • According to SaaS Global Market Report 2021, the worldwide SaaS market is expected to grow from $225.6 billion in 2020 to $272.49 billion in 2021 at a CAGR of20.8%.
  • As per the latest forecast by Gartner, the worldwide end-user spending on public cloud services is forecast to grow 23.1% in 2021 to tota upl $332.3 billion, up from $270 billion in 2020.

What Is A Saas Business?

SaaS businesses are hosted in the cloud. Unlike other softwares, in SaaS business the users need not install anything to access the product features. SaaS business is helpful as it provides targeted customers along with recurring revenue for you to control the churn rate.

There are various types of SaaS companies. With the increase of software companies shifting towards the SaaS model during the past decade and coming time, various different types of SaaS products are coming into view.

Types of SaaS Companies

There are various types of SaaS companies. With the increase of software companies shifting towards the SaaS model during the past decade and coming time, various different types of SaaS products are coming into view.

Top SaaS App Ideas to Boom in Coming Years

best saas startup ideas

Marketing automation 

Software management programs can assist in automating SMS, emails, payments, and tools to manage social media. Marketing automation programs offer easy solutions. It can help with strategic marketing and streamlining job flows, marketing campaigns, and their outcomes. 

Some SaaS Examples are: DuelHubspot

Video rendering

Video conferencing is mushrooming due to the lockdown and work from home scenarios. The real-time video calling and rendering demands an accessible and straightforward SaaS application so that a child in an online class or grandparents in another state can use it without any confusion or difficulty. 

This software sector which was previously catering to the larger companies is now a part of regular households—a tremendous profitable SaaS startup ideas.

Some SaaS examples are: VeedKeyshotRead More

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Employee Engagement Tips To Avoid Burnout

Many companies have recently adopted a hybrid model. This allows employees to work from the office and as well as from their homes. But, in the past year, most of the employees have worked remotely, and they will need to adjust back to working in an office. During the global lockdown, many employees got used to working from home and having more flexibility. Managers and employers need to take measures to minimize employee stress as they return to the workplace. Follow these tips to increase employee engagement across your entire company. 

WHAT IS EMPLOYEE ENGAGEMENT?

Employee engagement is the motivation and emotional dedication an employee has to its employer and company goals. Employees need to understand the company as a whole, the purpose of the goals and where they fit into the big picture. Burnout happens when employees lose the motivation they need to keep working. Combating employee burnout is a constant struggle managers must fight, but it is necessary now more than ever. Forbes shared that 61% of employees report being burned out on the job, while 31% also report high levels of stress in the workplace. With employees entering the workplace once again, here are some tips to increase employee engagement and avoid burnout. 

TRAIN YOUR LEADERS

A good organization provides training to employees at every level of the organization to make sure they are always improving. You can’t prevent employee burnout if your managers don’t know how to identify it. Train your c-suite employees how to recognize early signs and symptoms of burnout before it’s too late and you lose the employee. Communicate with your leaders the benefits of regular check-ins with every team member and how to make sure the team is functioning well. Educate and train your managers on tactics to best minimize stress and anxiety in the workplace. Provide workshops on skills like time management for every new employee during the onboarding process. Train all employees to actively create a work environment that fosters collaboration and open feedback. – Read more

https://www.serchen.com/company/engagedly/

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