Note: Running Fridays in FromGregsHead.com, is a continuing series of tips brought to you by Greg Price. These run Saturday mornings during the BusinessMaker’s Radio Show on KPRC 950AM. Audio files can be found on the Entrepreneur’s Playbook™ page of the PKF Texas website.
As a business owner, you need to be aware of how your team members’ skills (or lack thereof) might affect productivity.
Consider conducting a skills audit of your team. The purpose is to identify the key competencies of any employee or group of employees as it relates to their job role.
The steps include:
- Identify the key skills and job requirements for each role
- Have the employee rate what their competency is now with each skill
- Score each skill where you want them to be
- Analyze the gaps and work with the employee to create an action plan to address any and all issues
Conducting a skills audit supports the Marcus Buckingham approach of using a person’s skills where they lie. This method has proven to be effective in both small and large companies.
The skills audit process can be done close to your annual review time, so both you and your employee can begin a dialogue about goals, growth within your firm and any needed training.