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It helps in several ways: It helps cultivate an organizational culture centered around a forward looking data driven understanding of the skills and potential of talent.Teams that are aware of these skills perform at least 30% higher — these are the attributes of winning teams.

Transferable skills are skills that enable you to do your job well, whatever that job may be. They include things like collaboration, time, management, adaptability, active listening, assertiveness, self control, growth, mindset, intrinsic, motivation, critical, thinking, leadership, creativity, organization and planning, productivity and more.

At weThink, we use our proprietary map of skills to create skill translations that include hard skills and past experience. We use transferable skills language to help users understand where they can go next and grow next — like a gps. No matter what the job or profession is, these skills make the difference between success and failure.

These skills affect performance and culture. Studies show that you can improve the performance of a team by up to 30% by improving these skills. And, like Patrick Lencioni says, “If you could get all the people in an organization rowing in the same direction, you could dominate any industry, in any market, against any competition, at any time.”

As a great example of this, Hendricks did an interesting study. they found that CEOs that focused on culture initiatives intentionally as driver of financial performance have DOUBLE the financial performance of other companies. 9.1% for this group, compared with 4.4% for the others. So, bolstering transferable skills bolsters culture and will strengthen financial performance because these skills make people predictably better performers. Collaboration is as important as cashflow.

Yes! not only can weThink help you gain insight into the foundational and transferable skills of existing or potential talent, weThink is crosswalked to occupations and abilities and can interpret talent history for career/occupation fit.