Workforce readiness is a measure of an organization’s ability to perform its function through its people. It is calculated as Occupancy x Competency. In other words, are the people in position and are they able to do the job well.
Workforce Readiness = Occupancy x Competency
Assessments like Predictive Index® are ideal tools to enhance a company’s ability to maximize their readiness. On the Occupancy side, PI® helps companies fill positions faster by allowing the company to place ads that attract more of the right type of candidates and identify them quickly. This makes it easier for managers to find suitable employees and fill the position quicker than otherwise possible. One the competency side, PI® helps as well, since Competency is a function of Fit and Skill. Using the PRO™ tool, PI® clients can easily define the behavioral style that fits the job and fill it accordingly. As a result, they have a workforce made up of people who are motivated to do what is required to do the specific job well. That’s what we call Fit and it is a critical component of competency since a person who has the skills but lacks the motivation and drive is unlikely to perform at the optimum level for long.
Improving workforce readiness is one more way that Predictive Results, a Predictive Index® company serving Georgia and Florida, gives our clients a strong return on their assessment investment. Ask us for a free demonstration at email@example.com or call 904-269-2299.