A PERFECT MATCH
T
he employment marketplace has undergone huge transformations in recent years. Many people in business today survived the financial crisis in 2008 and overcame significant challenges brought on by disruptions in technology in recent years. Likewise, the current health crisis has sent the economy into turmoil, leaving companies fighting for survival, leaders without a go-to blueprint and employees facing unique and complex challenges. The problem of managing skills and allocation has always been present in knowledge intensive industries, but against the daunting backdrop of uncertain economic indicators, it is particularly important for businesses to equip themselves with suitable expertise to help endure the unendurable. The COVID-19 pandemic has radically altered the consultancy landscape, with many companies experiencing up to 60% loss in revenue and millions of Europeans either temporarily or permanently out of work. Every employee offers a unique strength, but staff skill sets are only
72 europeanbusinessmagazine.com
of any use if business leaders know how to identify abilities in the first place. Success relies on pairing the right person to the right job. How can the right employee with suitable skills be matched to the right project or how can appropriate external skills be directed into the business? Cinode, the market-leading Saas platform in competence and seamless sourcing, with their leading Skills Management Platform, enables companies and people to connect their skills. This pioneering platform will demystify the full value of employee skills and eliminate the old fashioned email-based management of freelancers and subcontractors. This unified ecosystem of partners allows companies to look to different business strategies to unlock a new era of growth. With the launch of Cinode Market, Cinode is looking to become the global leader in skills management. Currently, the company counts more than half of the Swedish listed consulting companies as customers and is also growing in other segments, including retail and telecom. Already
boasting tens of thousands of users in 20 countries across four continents, this platform is one to watch. The UK needs a reskilling revolution. A CBI & McKinsey report highlighted that nine out of 10 employees in the UK will need some form of reskilling by 2030, requiring £130bn of investment. Professionals operating in the arena of employee development and wellbeing have always had a challenging task, and with the rise in outsourcing and training employees in a remote working environment, it will only get trickier. Cinode helps businesses find the right skills and streamline staffing, combining project management, CV database, CRM system, recruitment module, assignment planning into one smart and scalable programme. This will not be a typical economic recovery. Organisations must plan for multiple scenarios and timelines as they shift from crisis response to recovery. The resilience and success of companies will be measured by the talents they attract and retain, and by creating an infrastructure that supports employee mobility. A common
