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The Skills Obsession Podcast: Opening Arguments

Posted on Wednesday, February 24th, 2021 at 3:00 AM    

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DETAILS

Welcome to the first episode in the new RedThread Research special podcast, Workplace Stories. Weve called our podcast ‘Workplace Stories’ because while, as you know, we do love our data, we also know that what people really remember is stories. So get ready for some great ones about whats really happening in the world of work and L&D right now.   

The first one we want to try and tell is about Skills. RedThread has been following that space for about four years… and until very recently nothing interesting has been said. We think the reason for that is because the markets always been looking at skills in isolation, so now weve launched this new RedThread podcast to deep dive into what were calling The Skills Obsession. Our helpers for telling you these first Stories are Chris Pirie of the excellent Learning Is The New Working podcast, and Workday, our season sponsor.  

We hope you subscribe on your podcast hub of choice as we start to tell the Workplace Stories we think matter. 

Webinar

Workday will host an exclusive live webinar towards the end of the season, where you can meet the Workplace Stories team of Dani, Stacia and Chris, and join in a conversation about the future of skills and skills management. Find out more information and access content at www.workday.com/skills. 

Partner

We're also thrilled to be partnering with Chris Pirie, CEO of Learning Futures Group and voice of the Learning Is the New Working podcast. Check them both out.

Season Sponsor

We are very grateful to Workday for its exclusive sponsorship of this season of the Workplace Stories by RedThread Research podcast. Today, the world is changing faster than ever, and you can meet those changing needs with Workday; its one agile system that enables you to grow and re-skill your workforce. Workday is a financial, HR and planning system for a changing world.  

TRANSCRIPT

Stacia Garr:
My name is Stacia Garr, and I'm the co-founder and principal analyst at red thread research, along with Dani Johnson, who is also co-founder and principal analyst at RedThread and Chris Pirie of the Learning Futures Group. We're excited to welcome you to our first podcast season: this episode is part of season one, ‘The Skills Obsession,’ in which we investigate the current preoccupation with all things skills. We talked to thinkers, writers, leaders, and practitioners about the current state of thinking on why and how we are managing skills at the people and organizational level.

Chris Pirie:
We are very grateful to Workday for its exclusive sponsorship of this first season of the RedThread research podcast. Today, the world is changing faster than ever, and you can meet those changing needs with Workday; it’s one agile system that enables you to grow and re-skill your workforce. Workday is a financial, HR and planning system for a changing world.

Workday will also host an exclusive live webinar towards the end of the season where you can meet the team Dani, Stacia and myself, and join in a conversation about the future of skills and skills management. You can find out more information and access exclusive content at www.workday.com/skills.

Stacia Garr:
To launch the season. Dani and I talked to our collaborator and podcast partner, Chris Pirie, to share our objectives and our aspirations for the season and introduce some of the research and people behind it.

Chris Pirie:
Dani, can you tell me why you chose the topic of skills to launch your very first season?

Dani Johnson:
We've been following the skills space for about four years and nothing interesting has been said until recently. And we think the reason that nothing interesting has been said is because we've always been looking at skills in isolation of everything else. So we need to upskill, we need to re-skill—but there's never been an impetus to do so, until this year when we've seen everybody jump on the skills' bandwagon (And with that a little bit, the mobility bandwagon).

The reason that we think that is because we've realized that skills in and of itself is just a thing, but skills in relation to some of the other challenges that we have becomes an enabler: so skills with relation to mobility, skills with relation to DEI skills with relation to performance: skills affects all of those things in a way that hasn't necessarily been defined until now. And we want to further define that and talk to the experts and get down to the nitty-gritty about what those intersections are and how they matter.

Chris Pirie:
I think when you talk about skills, you're talking about a way of articulating at an appropriate level of granularity, what work needs to be done and who is capable of doing that work.

Dani Johnson:
I think that's pretty good. And I'm not even sure I'm still debating the granularity; we’ve seen it have much more granularity. I'm not sure that's a piece of it. I think it's that second part of your definition that really resonates with me. It's a way to describe what needs to be done to get work done.

Chris Pirie:
Hmm. And then connecting the people who can do that work.

Stacia Garr:
Exactly.

Chris Pirie:
Got it. I feel strongly about the granularity piece because I've really been at the coalface on this stuff on a couple of occasions and failed miserably, because I think it's so complex to describe the capabilities that an individual human being has and the capabilities that are needed to do even the simplest of jobs. At what point does the effort to describe the atomic elements of that get diminishing returns sort of granularity? And then it's just like, exhausting. What can you do with that?

Dani Johnson:
Well, it's exhausting, and I think it's a waste of time. This is another reason that we haven't necessarily talked about skills before, because people have been approaching skills as role-based granular pieces of ability, which I don't necessarily think it is. And it's all been wrapped around this idea of taxonomy, like this job family has these skills associated with it and this job family has these skills associated with it.

I think some of the most promising things that we've seen in the last year is this idea of ontology versus versus taxonomy. And the ability to just sort of take the whole discussion about roles out, and just talk about skills and think about the work differently by deciding, you know, what skills are needed to do a piece of work and then put those skills together once we know who has those skills and a team to get that work done.

So I think this is like a gigantic step in the future of work discussion that we've been having for seven or eight years about moving away from roles and moving into utilizing those skills and organizing the people around the work instead of the work around the people,

Chris Pirie:
I think that’s how it works in real life is you sweat over a two page job description, you interview 50 people, none of whom kind of match that perfectly. And then somebody comes in and they make that job their own.

Dani Johnson:
Exactly, yeah. And if you think about like, we're doing this study on, I'm actually writing the final paper right now on mobility. If you think about skills versus roles and how people move around organizations right now, it's mostly they move into different roles, but in some industries, like the consulting industry, or like the advertising industry, more in the tech industry and in the medical industry than we have seen in the past, we are doing exactly that—we're understanding the skills that people have and then we're putting them together to do a project or a bit of work, and then dissolving them back into the workforce to be reconfigured into another team that does work.

But if you think about the challenges associated with that, one of them is understanding the skills that you have, one is understanding the skills that you need. And then there's a whole bunch of challenges around how you account for head count and the messaging that you provide and what success means and succession blends.

Chris Pirie:
It's interesting, isn't it, because a lot of the systems, the people systems revolve around that job description, right? So this kind of blows a hole in, in that… I wonder, is AI a part of this conversation? Is this akin to the conversation we have about say sentiment analysis?

Dani Johnson:
I think so with a couple of caveats. First of all, I would, I would hate all the good work we've done on becoming human in the last couple of years to go away. And so I think to remain, and we know that AI algorithms are often biased, because they absorb data that exists already, and a lot of the data is already biased. So making sure that those algorithms provide equal opportunities and clearly articulate the skills that people have and the opportunities that they have because of it, it's going to be a big challenge.

Chris Pirie:
I think that's true, but it's also a known problem and smart people are working on it and there is a healthy dose of skepticism and some good missteps that we can learn from.

I guess I see a little bit more of a metaphor here is that we used to organize labor and our work days around the third normal form of a job description, and we could be freed up from that. If our systems could look at the work to be done and the skills that we have without us having to kind of fill out a bunch of forms—maybe that's from a conversation, or maybe that's from the work that we've done in the past, like going through our portfolios.

Dani Johnson:
So that's the other thing that I think is interesting is this new way of working relies heavily on reputation, formulas, and portfolios. And those types of things, I think, will become much more important to the individual as they are judged and offered opportunities based on what they say.

Chris Pirie:
Yes, and these, these organizational network analysis systems kind of, you know, they identify nodal points in a system, people who are the magnets for questions, so you know, where expertise lives in a system, because you can see how that system is interacting.
The other example is the film industry, right? Where people come together on projects and then disperse at the end of the movie project, and yet they've built a network of connections and another movie gets funded.

Dani Johnson:
Yeah, and that's a really interesting one, because most of them are free agents: they don't actually belong to an organization–they come together for a project run by an organization, but most of them are free agents. And so I wonder what happens to the community that we build within organizations right now… I just think the walls of the organization are becoming more permeable and more transparent.

Chris Pirie:
In your recent session finding and using skills data, what were the things that you learned?

Dani Johnson:
Well, first we learned that there's a core connection between the talent and the work; the skills are the connectors, so then the more organizations understand about the skills they have in the organization, the better they can apply them to the work that needs to be done.

The second thing we learned is that there are lots and lots of potential sources for skills data. The challenge is going to be integrating them meaningfully, rather than just relying on one source. The third is that to use skills effectively, organizations are thinking really carefully about the use cases associated with skills versus competencies; it’s one of the biggest conversations we're hearing out there right now. We're finding that orgs need a lot of help verifying the skills that their people may have and assessing proficiency levels easily and effectively.

Chris Pirie:
And what's the role of tech?

Dani Johnson:
Tech can play a pretty big role, and it can enable skills usage in organizations by integrating data sources and making it really fun and easy and sociable for employees to manage their skills data.

Chris Pirie:
Were the key questions that came up?

Chris Pirie:
Yeah, we asked leaders five questions about how they're finding and using skills data. The five were first, why is skills, data is such a hot or important topic right now? Second was how does skills data differ from competency data? Third was what sources of skills data are organizations using; fourth was how are organizations using skills data? And the fifth was what do you imagine skills tech will enable organizations to do in the future?

Chris Pirie:
Dani, I really look forward to digging into some of those questions and exploring some of the findings from your research, with the conversations that we have lined up. So, I think that's a great framework for us to start with.

Chris Pirie:
Stacia, what are your aspirations for the podcast?

Stacia Garr:
I see the podcast as an amazing opportunity to bring the conversations that we have with leaders throughout the year to light for a much broader audience.

We are so lucky, because we get to talk to people who tell us these incredible discussions about changes that they've made in their organizations, and how they've been able to really impact both people, as well as organizational results. A lot of times those conversations just stay with us, stay within the RedThread research team, and so a podcast like this allows us to bring those front and center and allow leaders to really tell their stories—stories backed by data, because we love our data, but really tell their stories in a way that we hope will help others be inspired and aspire to some of the amazing impact that we know that we can make as people leaders.

Chris Pirie:
Now you've called the podcast 'Workplace Stories.’ Why Workplace Stories, and how does that fit with the broader work that you do at RedThread?

Stacia Garr:
So it's a research organization, I think sometimes our bias is towards data, always data, always data, but I think we all know that people remember stories. They might remember an occasional data point, but people remember stories.

And so I see this as a way to amplify that part of what we do at RedThread, because we also believe that stories and showing the connection between people is really important: we see this as an augmentation to what we do on kind of the quantitative side.

The other thing that we have an opportunity to do—and this is something that Dani and I have talked about since we launched RedThrea—is we want to provide a platform for people to share amazing things that they're doing: for them to build their own brands and to strengthen their own careers. And with Workplace Stories, we're able to do that, we’re helping people tell their stories in a way that's compelling and will be shared more broadly.

Another thing with this title of ‘Workplace’ is we have been speaking about how we don't want to talk about just HR leaders. HR leaders are incredibly important, but we all know that it's not just HR leaders who do the leading and organizations, it's leaders broadly. So we're talking about the workplace and what happens there, but it's not just HR leaders, it's leaders of all types that we hope will find some insights and inspiration from the stories that are shared.

Chris Pirie:
Got it. It's interesting, of course, that in Dani's and yours research on what differentiates humans from robots and other species, storytelling was one of the four kinds of key elements that a lot of research identifies as being the sort of secret sauce of humanity. So I love that tie back to your research as well.

Stacia Garr:
Thank you. There's I think a high level reason, which is that we were hearing a lot more about skills and we're hearing about skills on the Learning side, as well as on the people analytics side in particular, because of what we're trying to do with RedThread, which is make the connections across organizations in terms of things that are happening, that people should be seeing more holistically, that made sense for this to be our first episode.

But I think if we step back, there is a bigger reason why we're hearing about skills right now. And I think it is the future of work becoming the now of work. What I mean by that is if you're thinking about the gig economy, you're thinking about automation, all those types of aspects of work that are shifting, I don't think you can really actualize that without thinking about skills.

So if you thought about roles in automation, let's say, yes, there's going to be some roles that will be totally automated, but it's much more likely that we might automate 30% of a role. Or it might be likely that with a gig worker we'll have them do 25% of a job, but unless we understand the skills that are needed to accomplish the work, we're not going to actually be able to break these jobs apart, and have the most efficient resource or the best aligned resource do that work. And I think skills are bringing this all to a way for us to actually do this as opposed to talking about it as something that's going to happen in the future.

Chris Pirie:
Interesting: so almost like a language or an API that we could use to restructure the way that we exchange our labor for value and the way that companies access talent and skills

Stacia Garr:
And access, getting the work done.

Chris Pirie:
How does it fit with your other research areas?

Stacia Garr:
So this is learning and within the learning and skills portion of what we do, but we also do research on diversity, equity, inclusion, and belonging, and experience and engagement people, analytics performance, and then HR technology broadly. So skills, in so many ways, touches on all of those other aspects of what we do.

In this podcast, we ask folks about how skills can impact diverse populations, how it differentially impacts diverse populations. If you think about experience and engagement and how people will be, as you just said, exchanging their labor for value with the organization, skills is a key component of how that happens and how people experience an organization and how they can even tap into their own purpose and their own value in terms of aligning the skills that they do in the work they do to what they're hoping to be, or become.

On people analytics, this is a key part of what we're talking about on this podcast, by understanding and quantifying skills, aligning people in terms of their skills and capabilities with their job is key to performance. So it touches there, and then HR technology is a big part of how all of this will actually come to life. It's not necessarily the most important part, but it's a very big part of what's going to happen. So this feels topic aligned with all these other areas and is I think, germane to everything that we do at RedThread.

Chris Pirie:
Stacia, who do we have lined up for the season?

Stacia Garr:
We've got some amazing folks! So we're going to kick off with a wonderful friend of ours and academic Lisa K. Solomon. She is at the d.school at Stanford and really shares, I think, some thought-provoking ideas about skills and the role of skills and skills and design that I think sets a really nice tone for our session.

We then speak with Matthew Daniel, who is at Guild Education, and he kind of takes us from this amazing high level perspective that Lisa shares down to the practicalities of skills in the workplace skills, especially the need to focus on building those.

We have some other folks, we have a Michelle Deneau from Adobe, who's bringing a strong people analytics perspective. We have Nuno Goncalves, who is sharing with us the perspective from Mars and how he's changing his learning function. Satnam Sagoo who is with the British Red Cross is also sharing a bit of a learning perspective. And then we have Karen Kocher from Microsoft, Rob Lauber, who was formerly with McDonald’s, and we have some other people that were working.

Chris Pirie:
Who is the audience for these stories?

Stacia Garr:
The primary audience is anyone who's associated with designing and informing people practices within their organizations. So in many instances, that's that we'll be learning leaders: we have a few chief learning officers who are speaking, and that's important.

Also people analytics, practitioners who are thinking about the quantification of skills and how you think about that as it applies to the future of the workforce. More broadly, I would say it is the head of HR who is thinking through all of this aspect of skills and the future of work from that big picture perspective, and then leaders more broadly who may be asking themselves, you know, do I have the skills in my organization to do what I want to do? How would I think about re-skilling my workforce or upskilling my workforce, whatever language you want to use.

Our hope is that by telling these stories of how organizations are thinking through this we can help them feel their way towards the future. I think one of the things about this podcast is we don't purport to have the answer on this one: we’re actively doing research on skills, but this is a journey for us. Everyone’s at the beginning of this journey of skills and what it's going to look like. And our hope is that as we go through this podcast, we will all learn an incredible amount and be more prepared for the future by the end of it.

Chris Pirie:
For people who are not familiar with the work of RedThread, what’s the story about the organization?

Stacia Garr:
RedThread started about three years ago with Dani Johnson and myself founding it. We had both been with Bersin by Deloitte immediately before that, and then before that, Dani was actually with RBL group with Dave Ulrich and I was with the corporate leadership council, now part of CEB Gartner.

We had been in the industry long enough to understand the issues that people are focused on in so many of the people challenges, but what we wanted to do was to really change how research was getting done and to make it faster, to be more innovative and more varied in our approaches, and to really be at the cutting edge of what people cared about.

The challenge with some larger research organizations is that you can have this amazing agenda, but you can get dragged down by it. And as a smaller organization, more nimble, it allowed us to really stay on the cutting edge of what people cared the most, so as soon as COVID happened, we were writing about COVID. As soon as Black Lives Matter had happened this last year, we were writing it. And that is really the thing that I take the most joy in the work that we do now is that we're able to just go to the topic, the thing that people care about and provide both data and stories that help people understand what's happening and to make better decisions in their organization.

Chris Pirie:
How can people get engaged?

Stacia Garr:
They can join us at www.redthreadresearch.com. You can join the membership, if you're joining as an individual or a small team, you can actually just swipe a credit card right there and just get right in. If you're with a larger enterprise and want to have an enterprise membership with more folks, just reach out to us at [email protected] and we will get you signed up.

Chris Pirie:
And if I just want to understand the quality and scope of your work?

Stacia Garr:
We have a number of things that are available for free on the site—so we have shorter research articles, we have infographics, we have some of the presentations we've done in the past, we have webcasts that we've done, a whole range of things. And when new things happen in the industry, particularly on the tech side, we blog about that and that's for free on our site. So everything is marked with a member content, if it's not for free and everything else is for free.

Chris Pirie:
Well, I love your work and I've used it extensively over the last couple of years in my journey, and it's really fun to partner with you guys, so I'm looking forward to the season!

Dani Johnson:
Well, this has been a good conversation; it’s been really fun.

Chris Pirie:
We are very grateful to Workday for its exclusive sponsorship of this first season of the RedThread Research podcast. Today, the world is changing faster than ever, and you can meet those changing needs with Workday; it’s one agile system that enables you to grow and re-skill your workforce. Workday is a financial, HR and planning system for a changing world.

Workday will also host an exclusive live webinar towards the end of the season, where you can meet the team Dani, Stacia and myself, where you can join in a conversation about the future of skills and skills management. You can find out more information and access exclusive content at www.workday.com/skills.


Responsive Manager Tool

Posted on Tuesday, February 23rd, 2021 at 12:05 PM    

Responsive Manager Tool

This tool helps you identify areas crucial for enabling manager responsiveness. To learn more about our Model for Responsivity and why it is critical for managers to be responsive, read the report,
Managing Better: Piercing the Fog of Today’s Uncertainty.

 

 

About the tool

  • The assessment tool for responsive managers is a simple survey that takes 3 to 5 minutes to complete.
  • The tool helps you identify areas that managers need to improve based on the answers you provide.
  • Members can download and print a summary of their responses and suggestions on how to improve areas that need focus.

This tool helps you identify areas crucial for enabling manager responsiveness. To learn more about our Model for Responsivity and why it is critical for managers to be responsive, read the report,
Managing Better: Piercing the Fog of Today’s Uncertainty.

 

 

About the tool

  • The assessment tool for responsive managers is a simple survey that takes 3 to 5 minutes to complete.
  • The tool helps you identify areas that managers need to improve  based on the answers you provide.
  • Members can download and print a summary of their responses and suggestions on how to improve areas that need focus.


Career Mobility Tool

Posted on Tuesday, February 23rd, 2021 at 10:47 AM    

Career Mobility Tool

This tool helps you find the career mobility approach that best suits your org. To learn more about career mobility trends and approaches, read the report,
Career Mobility: Mindset Over Movement.

 

About the tool

  • The career mobility tool is a simple survey that takes 3-5 minutes to complete.
  • The tool recommends a career mobility approach based on the answers you provide.
  • You can download and print a PDF of your results.
  • You can retake the survey as many times as you'd like.

This tool helps you find the career mobility approach that best suits your org. To learn more about career mobility trends and approaches, read the report,
Career Mobility: Mindset Over Movement.

 

About the tool

  • The career mobility tool is a simple survey that takes 3-5 minutes to complete.
  • The tool recommends a career mobility approach based on the answers you provide.
  • You can download and print a PDF of your results.
  • You can retake the survey as many times as you'd like.


Skills & Competencies Q&A Call

Posted on Monday, February 22nd, 2021 at 10:37 AM    

Q&A Call Video

TRANSCRIPT

Introduction

Stacia Garr:
Okay, now we are recording. So we're going to go ahead and get started now for those of you, I have not met I'm Stacia Garr I'm Co-Founder and Principal Analyst with RedThread. We have with us today for this Q&A call Heather Gilmartin Adams. And she is the one who has done much of the research here. So it's a good thing that she's on here. So for those of you who have not attended one of these Q&A calls before they tend to be pretty informal affairs. The whole point is for us just to give a quick overview of what we've learned in the research, and then to respond to questions that have either been submitted in advance or two questions that folks have here today. And so we really try to encourage this to be a discussion because, if we wanted to do a webinar, we do a webinar really is a Q&A call, to kind of have that discussion. That's the whole point. Heather, do you wanna go to the next slide?

How we help and what we do

Stacia Garr:
So for those of you who may not know who we are, I assume most of you do, but we are a human capital research membership, focused on a range of things most important for today, learning and career but also do performance and play experience, DNI in people analytics and then HR technologies. The work that we do, you can find on our website, which we have there at the top, which is a research membership. We also do advisory education. We have podcasts now, and actually we are as of next Wednesday, launching our new official RedThread podcast, and the first season is called the Skills Obsession. So that is probably going to be relevant for, for all of you here today. So so with that, I think Heather, let's move on to the next slide and I'll turn it over to you. So skills and competencies, so Heather, what's the deal?

What's the deal?

Heather Gilmartin Adams:
Yeah. So we started this research mid-fall last year and came into it kind of thinking there's all this stuff out here about skills and competencies in particularly the skills conversation as many of you are probably aware has been heating up for the last couple of years and it's become something that's, you know, more from, from sort of a OneNote conversation about robots taking our jobs and how are we going to deal with automation to a much broader conversation about you know, planning for the future, ensuring that employees are developing toward the future.

Heather Gilmartin Adams:
How do we know what skills we have in the future? How do we know what skills we have so that we can identify the gaps so that we can fill those gaps. And then also a really big piece around agility, right? So organizational agility and being able to prepare, equip employees, equip the workforce to pivot to quickly changing environments. And so that was sort of the impetus for our research. We saw that the conversation was heating up and decided to look into it and ended up realizing that there was this, this conversation about skills, skills and competencies, and why what are the differences between them and why, why are those differences important and to whom? So it turned out that there was a lot of discussion and a lot of confusion, frankly, in organizations about what are skills, what are competencies, and then floating around there also, you know, what our capabilities and how are, how are they all different and how do you fit them together?

Questions that started our research

Heather Gilmartin Adams:
And so, we decided to start our research there and we started asking questions like, what are the difference between skills and competencies, do the differences matter and to whom, how are organizations reconciling skills and competencies. And importantly, we kind of came into this research with an assumption and a hypothesis that the answer for all organizations was to blend the skills and competencies that the differences really didn't matter. And that the, the conversations about how do we define the, how do we define the terms? And how do we help our employees understand the differences between the two that we really kind of assumed that those didn't matter and that the conversation really needed to focus on just the question of what do we have now, doesn't matter what you can call it. What can our organization do now, and what can our organization do?

Heather Gilmartin Adams:
What does our organization need to be doing in the future? It turned out actually that we were wrong about that. The differences do matter, in certain circumstances to certain people. And so that's kind of what I wanted to share with you at first, what we found is that both skills and competencies do answer two very critical questions. What can our workforce do now and what will our workforce need to be able to do in the future? But they don't, they answered them from slightly different perspectives and with strictly slightly different strengths.

What did we find?

Heather Gilmartin Adams:
And it turns out that those slight differences do matter to those of us trying to get skills, to sort of reconcile skills and competencies in our organizations. So so people who are in HR or who are in learning and development, who perhaps see that, okay, my organization has perhaps just as an example perhaps a legacy competency framework that we've been using for performance management. And now we're, we're incorporating a skills platform and how do we get those two things to work together? It turns out then that these differences are really, really important to people who are trying to answer those questions. They're not, the differences are not so important to employees or leaders who really just want to know, what do you need me to do? Like where do I need to go to get my development or my learning, or, or my performance management, what system do I need to go to? And what do you need, what information do you need me to put into it? And I don't really care what you call it is kind of the perspective that employees and leaders have.

The differences do matter

Heather Gilmartin Adams:
However, like I said, to those of us trying to reconcile them in our organizations, it turns out that these differences that you see on the slides, on this slide become pretty important. And two that I would call out are that skills are a little bit more granular, whereas competencies tend to be a bit broader and that's important because it, it, the granularity of skills often makes them more transferable across functions or even across industries than competencies, which tend to be more tied to how I do a particular job in a particular context. Also one thing that we found was that skills tend to be owned by the employee. You know, I, I, as the employee, I'm responsible for, for completing my skills profile and for keeping that updated as a way of marketing myself internally to the organization. So that maybe I can be noticed for, for gig work or for side projects or developmental opportunities like that. Whereas competencies do still tend to be owned by HR, meaning that the frameworks are the definitions and the frameworks are decided, written and updated by, by someone in HR.

Stacia Garr:
Sorry, sorry, Heather, maybe let's pause there and see if anybody has any questions or thoughts on this one. Does this align with how you're seeing this difference between skills and competencies? Is there anything in here that's surprising.

Speaker 1:
I think what's interesting to me is with IEEE and open skills network once calling them rich competency definitions, and one's calling them rich skill descriptors, and they mean, their doing the same thing to standardize the transfer of this information from tech platforms and tech platform. So they wanted to use a single data standard from a technology perspective, regardless of what you want to call it, pick the cap of what they're calling them.

Stacia Garr:
Yeah.

Heather Gilmartin Adams:
Yeah.

Stacia Garr:
And it seems inevitable though, right? You have to fix something, some word that we have used in the past, that roughly aligns, even if it comes with a bunch of baggage.

Speaker 1:
Uh huh

Stacia Garr:
Yeah, Great thanks!

Heather Gilmartin Adams:
Yeah. It's interesting. I think one of the things that came out of this research, and we'll talk about it a little bit later, is the importance of at least deciding within your organization, how you're going to call things. And then, you know, hopefully the idea is that eventually it'll, it'll become sort of a cross-organizational or industry standard. Hopefully those two and IEEE and will reconcile themselves at some point. But that's also one of the powers of of skills ontology is, is that you don't have to have quite as much rigor in your definitions. If you're, if you're a technology is able to kind of group things, regardless of labels, any other questions on this or comments, observations?

Speaker 2:
I think that ownership aspect what's what's the, what's kind of interesting. So, right now we have, let's say functional and core competencies, and we want to move into that skills area. And our thought was that maybe we can actually make the functions, the owner of those kinds of skills, because also we are of course, trying to see, okay, how can we, how can we manage that big universe? Right. And this is where I really liked this thinking about ownership, right? Because I think now in the future, yes, we as HR or we as a corporation, we will, we will still own the competencies. But to be honest for skills, I would really love, love for the functions to actually take this over, because it's actually getting too granular. And also in terms of updating, right, I mean, skills you need to update every year, or maybe even, let's say within the year and for competencies, I think of course you also need to update it, but they are, as you are pointing out, there are far more aesthetic. So I found this a very nice trick of forethought.

Heather Gilmartin Adams:
Yeah, that's great. And one of the things, the powers of a lot of the skills platforms is that they're continually updating you know, if you're messaging to employees that it's, beneficial to them to keep their profiles updated, then you can kind of rely on the skills that are in your system to be, to be continually updated.

Speaker 1:
And we touched on this a little bit yesterday, in terms of the, is it the skill that's being, what's being updated? Is it the proficiency level evidence of something you've done with that skill? It's not necessarily adding a binary net new skill every day or every week or every month.

Heather Gilmartin Adams:
Right.

Speaker 1:
And that's always where the devil is right, in the nuances of that.

Heather Gilmartin Adams:
For sure.

Speaker 1:
I'm not sure how Speaker 2 you pronounce your first name, but I think that's exactly the kind of conversation who owns the dynamic nature of that.

Speaker 2:
Exactly, exactly. That is actually right. I mean, we've had, let's say all our experiences in the past with, for instance, we've used Taleo in the past, right. We switched to Workday and in Taleo, we had a thing called talent profile. And of course we always ask people to fill out those those kinds of talent profiles.

Speaker 2:
But to be honest, if you are trying to push this from a, from a corporate point of view, your impact is of course limited, but once you push it down to the businesses and to the functions, then you actually see those let's say populations really putting in their, their skills and competencies and development plans and those kinds of things. So, but I think that's a, that's a great slide to think about. Okay. How do you want to structure your governance around that.

Speaker 1:
And that's an HR department that will let go of that control because they want to own it?

Speaker 2:
Exactly.

Speaker 3:
Yeah. I would like to add one more point it's about competence has been steady. I think competencies as well as skills that are quite dynamic, just because, you know the behaviors change all the time and the situation that people working they're changing really fast. So, you know, positioning competencies aesthetic for me sounds a bit problematic, but other than that, it looks pretty good. So thanks for this summary.

Speaker 4:
Yeah. All right. I actually had the same comment. I was looking at this slide and I think the one that I feel like the, ,it shouldn't be split the way it is, is the skills and competencies for dynamic and study, because I feel like both skills and competencies, can actually go by both descriptions so we can have skills being dynamic can be convenient, continually updating them, and they can also be static at every point in time. So maybe not, not quite split the way everything else is kind of laid out.

Heather Gilmartin Adams:
Hmm. That's interesting.

Stacia Garr:
Maybe, maybe to kind of dig in a little bit there. I feel like we haven't necessarily picked on the point around enabled and maintained by tech and versus manually built change, which is immediately above. And I think that nature is actually kind of what's driving that comment or that bullet around dynamic versus static, because if something is manually built, it is by its very nature going to be more static.

Stacia Garr:
Just because we don't have, you know, time and energy and the like; versus what we're seeing with skills, which is this continual updating this whole concept of an ontology versus the taxonomy that we've used in the past. And so I think for at least as we looked at it and what we heard in the interviews, that's kind of what drove that distinction.

Heather Gilmartin Adams:
Yeah.

Speaker 5:
Yeah. And then I think we're still, you know, the, the whole industry, you know, in HR and learning and development were still struggling with their definition of competencies. There is no, you know, generally, you know, overall agreement on how we define competence, right. So that is why, you know, when we come from different point of understanding and defining the thing, then definitely we will have far different descriptors for that. So, yeah, depending on their context, probably we'll go with static or dynamic. My preference will go for dynamic for both, just because of the nature. You know, people are evolving all the time, but I don't understand for the assessment perspective, you probably need to have something in a static mode so that you can, you would be able to assess and do revelation.

Heather Gilmartin Adams:
Yeah. Yeah. And actually there's no agreed definition for skills either, or for a lot of the other terms.

Speaker 1:
And maybe that's, that seems to be where we're all focusing on, right. Is the description of what the skill is from our kind of dictionary perspective, but then what people are able to do. If I, I can be always improving my critical thinking, but that's more of a strategic competency. And I forget who it was, who said, strategy can be fairly static, but how you execute that can be really dynamic. And so the definition of problem solving or critical thinking is not going to change at the same rate of how you do cloud engineering, whether it's with Amazon or Azure or whatever those things are going to be in definition, more dynamic from version 10 to version 11. And it's, it's the proficiency of the person. And so I, I don't know if there's a way to describe that or kind of summarize that, that there's this, the definition, that's one thing. And as a scale definition could be static because it's something that's not changing gap accounting doesn't change every week. That's just not the technical static skill or set of skills, but something else could be very rapidly changing.

Heather Gilmartin Adams:
Yeah. I think as we're talking, I think one clarification that I, that I'm realizing in my head is that yeah, these, these definitions are not, or these descriptions

Heather Gilmartin Adams:
Are not actually meant to describe the word skill or the word competency they're meant to describe sort of how skills frameworks or skills platforms show up or are used today and how competency frameworks show up and are used in organizations today. Speaker 1, if you're not familiar with…

Speaker 6:
Maybe if I, if I may just, just to be a little bit provocative, it's interesting because we, we, we've been discussing about this, this slide now for about 10 minutes, but we don't have an agreement and everyone is somehow, you know, bringing its own, I know, vision on definition. I just would like to have maybe a provocative thought on that. How, how it sounds so great upskilling race killing it wouldn't be so trendy to say upcompetency recompetency, for me this has to do not really with the content but it sounds to me, again, an older type of let's call it marketing, marketing, you know terminology that in a certain sense, we need to come up in order to be able then to define the different products that where we ask for sheeting today. But this is totally, this is totally you know provocative. So then we would probably learn by listening to you and going to the next slide.

Heather Gilmartin Adams:
Yes. Thank you. I actually, yeah, we were, Stacia and I were back channeling a little bit about, Hey, let's let maybe move on to the next slide. So thank you for that Speaker 6 I think you're right though. There is a decent, there is a marketing angle to this, right? The, some of the skills platforms are just trying to distinguish themselves in the market. That's just a frank element of this.

Speaker 2:
Yeah. And thanks to, you know, for actually making, making that comment. I think that's a very good one because I mean, right now I'm talking, I think it's three or two or three or four different vendors for a competency and skill framework. And of course, as you say, I mean, skills are trendy. They are, they are of course trying to push it. Right. But at the end of the day, I think it's, it's it's really hard to make your, your choice as a company. So thanks for that thought. Nice one!

Forward-thinking orgs are reconciling skills & competencies by…

Heather Gilmartin Adams:
Yep. All right. So what the research found then is that organizations are reconciling as so, as you mentioned, Speaker 6 there are lots of organizations are grappling with this, right? We have, we have competencies. We are thinking about adding skills. How do we bring, how do we put those two together? And we found in the research that there are three things that organizations are doing to, to help, help them work, work well together. And it doesn't necessarily mean that they're making them the same thing, or that they're bringing them into the same system. Sometimes they do, but sometimes they, don't the things that they're doing to help them work better together are first leveraging their strengths. So understanding a lot of what we just talked about on the previous slide and using that to to tackle whatever business challenges or whatever people challenges are, are most pressing for their organizations.

Heather Gilmartin Adams:
So the four that we, the four business challenges that sort of popped up the most in our interviews and round tables were employee development, career mobility, performance management, and diversity, equity, inclusion, and belonging. It turns out that both skills and competencies have strengths that they can offer to help, to help with those business challenges. And I didn't I don't want to dive into exactly how that happens, but we do have an infographic on our website that, that briefly describes how skills and competencies can support each of those business challenges. So we'll drop that into the chat here during the Q&A. The second thing that organizations are doing are considering, and using as much data available as possible. So, there are, you know, there's a ton of data available in a skills database.

Heather Gilmartin Adams:
There's a ton of data available in competencies frameworks, there are also, there's a lot of data outside of that in you know, like LinkedIn and GitHub and job descriptions and all of these other sources that are both internal to the organization and external to the organization. And they're really forward thinking organizations are, mapping all of that out and seeing, okay, how can we, how can we bring this data together, and leverage it as best as possible. So one, just as an example, that data doesn't all have to live in the same system necessarily. Although there are lots of vendors now who are, who are doing a really cool job at bringing as much data as possible together into the same system. But one organization, for example had a lot of skills data in their skills platform, but the skills platform for some technical reasons, wasn't able to capture proficiency information and they wanted proficiency information.

Heather Gilmartin Adams:
And so they kept that in a spreadsheet that was available to all employees. And so that wasn't, that's not like their ideal or long-term solution, but it was a solution that allowed them to see everything that they wanted to, at least in the short term. And then the third, and this kind of gets to a lot of what we were talking about. The third thing that organizations are doing are as crafting clear and consistent messaging. So even as we are, are grappling with the distinctions and the definitions, and how are we going to bring all these things together? How are we going to conceptually bring the things together? How are we going to bring the data together? The messaging to employees and leaders needs to be a lot more simple than that. And so what we're seeing, what we've seen is that some organizations, these are just three messaging strategies that we know that there are more, but the, I think these are really good examples.

Heather Gilmartin Adams:
Some organizations are just saying, we're going to call everything skills, even if they're actually more competencies. And we're going to think about them as competencies within HR, we're going to talk to employees about, about their skills. And, that works well for some organizations, particularly if, if for whatever reason competencies has kind of a bad name in the organization, as you know, sometimes, competencies, just the word, the term has a negative connotation in some organizations. And so those organizations do well by calling everything skills, then some organizations do make it, they, they make clear definitional distinctions. So Johnson and Johnson for example, is one organization we talked to and they talk about competencies at a functional level and skills at a specific job level. And they very clearly say, no, we talked about competencies here and skills here.

Heather Gilmartin Adams:
And, and that helps employees understand, okay, this is when I use competencies. This is when I use skills and managers: this is when I use competencies, this is when I use skills. This is how skills ladder up to competencies. And, they make it sort of very clear when employees should do what. And then another approach is not use any terminology at all, and just talk about, Hey, what can you do? What do you need? Leaders, what do you need to be able to do, and have them talk through what they need to be able to do, and then kind of categorize back on the back end, if you need to the. The biggest, biggest learning there though is just to be just pick something and be consistent.

How are people relating skills & competencies to capabilities?

Heather Gilmartin Adams:
So then this is, you know, the Q&A part of the Q&A, or well the Q part of the Q&A. So these were the questions that we had submitted. The first was how are people relating skills and competencies to capabilities? So kind of going back to what we were just saying about clear and consistent messaging, it differs from organization to organization, depending on what they've chosen for their messaging. Broadly speaking capabilities tend to be talked about as sort of the biggest umbrella and often you'll see skills and competencies as part of the definition of capabilities. Capabilities being the most broad descriptor of what we can do is that, does that jive with what the rest of you are seeing? Any sort of comments on that?

Speaker 5:
I think capabilities is about, more about ability to learn and perform in the future rather than in the moment. So you have skills, competencies and capability for growth, yes. For performance today, as well for growth. At least this is the type of description that we, I use and my colleagues use in our discussions and difference between skills and competencies and capabilities.

Heather Gilmartin Adams:
That's interesting. Thank you. Other insights on that,

Speaker 2:
I would tend to agree with that, right. I mean, that capabilities is somehow, let's say a little bit of a higher level. Maybe it just, I mean, maybe I would say that this would coincident with like 70% of the list of the literature that I have read over the last three or four. I think what, what I really liked about your research is that you are pointing out that this might be interesting for HR employees to engage in. And I think this is what was really nice to read because we also have, I mean, I cannot even recall how many hours we've had yet at the trying to distinguish this, but I think also I believe that yes, that may be interesting for us, but for our end to our employees and leaders, I mean, yeah. I mean, they, they might really get, okay, I need this for development, or I need this for hiring or whatever. But let's say for this, for those granular differences, I think, yeah, that is that's not too much of an interest for them. I think that was, that was a great point that you made there.

Heather Gilmartin Adams:
Oh, thanks. Yeah. It was interesting. You, you mentioned reading articles that was what we found the, the literature that is less focused for an HR audience tended to just sort of use all of the terms as synonyms, right. So you would see sentences that said skills, competencies, capabilities, abilities, knowledge, you know, and they were just using them all interchangeably. Whereas when you do get into the literature, that's more focused on an HR audience. That's when you start seeing distinctions being made. Other, any other sort of questions or insights or comments on this question of how are people relating skills and competencies to capabilities. Okay.

Speaker 1:
I think the capability question is that tends to broker the gap between HR and business or it invites that conversation. It's not necessarily always had or well-defined, but as we start using that, and it's, I've started to see it somewhat confused with the, the interchange of capacity, which is kind of forward planning, but are you capable to do what the business needs to do today? So it can be both now and forward-looking, but the capacity to take on new projects in the future, I think is more, as we think about the kind of operating model or supply chain of skills to take on new R and D or innovation or pivot to new lines of business that's capacity as well as capability. That's interesting.

Heather Gilmartin Adams:
Okay.

Speaker 7:
One thing I just want to add as for the competency and capability, those tend to be talked about both at the individual level and at the organization level. I don't think that's true as much for skills. It's usually tied to like individuals, but people talk about, you know, we have these organizational capabilities or organizational competencies, and then, you know, in the next breath they'll be talking about individual competencies and,

Speaker 2:
Hmm. That's a great insight. Yeah. Thanks, Speaker 7.

Speaker 7:
Pleasure.

How can skills be assessed for proficiency levels?

Heather Gilmartin Adams:
So the next question was how can skills be assessed for proficiency levels? So this was not something that we included in this report that just came out. And so we've done, we'd done a bit of looking into it. It's something that we plan on looking into a little bit more. So I'll just give kind of a, an initial swag and would love to hear your comments as well. So what we're seeing thus far is that there are some really cool vendors doing some cool stuff to use latent data or data exhausts data that's, that's created sort of in the course of doing business to infer proficiency levels for skills, but we're seeing it happened mostly on the technical skills side.

Heather Gilmartin Adams:
So for example, there's a company that they work with a lot of healthcare organizations and so they plug their platform or they plug their tech into the employee electronic health records system. And whenever a nurse logs procedure, it infers that that nurse is skilled in that procedure and is getting more skilled in that procedure. Another example is a company that sits on top of project management software, like Jira or Asana. And whenever you complete a task in the, project management software, it will give you sort of credit for having the skills that are associated with that task. And then the more, you do that skill or the more you do that type of task the more it assesses, it gives you credit for proficiency.

Heather Gilmartin Adams:
And then that particular software also we'll send a note to the people, the other people associated with that task and ask them to kind of give feedback on your, your skill level at that task. So, so there's some really interesting approaches. So far though, like I said, they're not getting into, Speaker 1 is what you were saying, that the more durable skills or the softer skills, the human skills, whatever you want to call it we're seeing it more on sort of the, the things that are really hard and observable. What are you guys seeing?

Speaker 7:
The other thing I'll add to that is there are some systems also that look at like social data and email, and then they basically identify topics and then tie that to skills and proficiency levels. So if they see you're getting a lot of inbound email on a topic, they'll equate that to a skill and say, you must be you know, you must be very proficient because a lot of people ask you about this.

Heather Gilmartin Adams:
That's interesting. Do you, can you share the names of who we should be looking at for that kind of thing?

Speaker 7:
Well, I think Microsoft Viva is taking that approach. And then the other one I am aware of is Starmind Starmind. is doing it well, and actually Viva too. It looks like more of a knowledge management kind of place, or they turn that into like expert location. So you're looking for people with expertise on this topic, and it'll, it'll just show you a list and, Viva at least in a demo of it. It, it does the, it'll look at your organizational content on that topic and give you a list of that as well.

Stacia Garr:
I think Speaker 2 to your, your question in chat around basically data privacy these, from what we've seen organizations are handling this in a couple of different ways. One is by allowing folks to either opt in or opt out of having this information collected on them. The second is by also providing information back to them that could be useful. So, you know, in this example of saying, you know, you, we think your, your top skills and proficiencies are our competencies are X, Y, or Z. Or you're looking for some help with X, Y, or Z. Here's some folks who might be able to help you. And so making sure that that information doesn't just live behind, you know, the, the wall with HR or with a certain subset of leaders, but actually is much more accessible to others. There's some really good research that Accenture did, I guess now about 18 months ago that showed that folks open this to having information about them collected through digital exhaust. Their openness is much higher if they get some value in return for that information being collected.

Speaker 2:
Oh, great. Thanks. Thanks much. I think it's really important to us. I think as we are embarking on this, I mean, I'm residing in Germany and I am, I can already envision that from those conversations with our Vox councils on GDPR. But I think once of course, you give this in opt in and opt out option and of course, making that kind of value proposition, as you say, I think that's a, that's a really promising no, thanks. That's, that's great input. Thanks a lot.

Stacia Garr:
Yeah and I think, you know, in general, so I do most of our data analytics research and in general, we see these things much more slowly adopted in Europe, obviously because of GDPR, but you know, here in California, we've got the CCPA and we've got some other things potentially going down the bike as well. So I have seen a dramatic increase in the carefulness of vendors in terms of thinking about everyone now thinks about, okay, well, how are we going to get this through GDPR? And or how is it going to be GDPR compliant and how will we get it through the works councils? It is much less likely, I think then, you know, three to five years ago where people would just say, well, you know, we'll just focus on the American market or the New Zealand Australian market, and, you know, whatever for Europe we'll deal with it when we, when we need to.

Stacia Garr:
But the tenor has shifted so dramatically that there's just a much higher degree of awareness and we're starting to see technologies get through the works councils that we thought again, like three years ago. Wouldn't so things like organizational network analysis based on passive data collection. So based on digital exhaust, we're seeing that start to get through with much higher frequency in the last 18 months or so. So I think that there is a future here for some of this work in Europe, but there, it may take longer than in the U S and there certainly will have to be all those accommodations.

Speaker 4:
If I may, I, I surely share, of course Speaker 2, being of course in Europe, but what is extraordinary here is if I think that, you know, a couple of years back, and unfortunately I've been around now for a while, but it was, it was simply saw out somehow to just surface and manage, you know, the skills. How many times we said, we exactly don't know what type of human capital we have. And this is probably because there was a certain stringent company tenancy system that was, you know, driven by the organization without effectively surfacing the talent, the real talent, most of the time, the real talents are the secondary maybe job of people and not maybe the job description they haven't been hired for. So what I found extraordinary is this is for sure going to unleash skills that we are even not aware of.

Speaker 4:
Second point is more, how are we going to us as the proficiency for that? That's to me the validation point, it's something that, of course it's still an open and open evolution again, because of course it can go from how many likes, do I get from my, you know, teammates, if I just say that I'm a good singer or properly, you know, proficiency validation that then can be, of course use it also at the benefit of the employee, because somehow, you know, we don't need anymore. I don't know, validation authority that will tell me how good I am with Excel, but this could also become a vehicle for my whole evolution in skills development. So this is absolutely for me you know, extraordinary, of course we will see, but with regulation, something that that will come next for now the ability to unleash this, this is what I believe we should, we should continue to talk about.

Does a learning platform need to have skills and competencies defined before adding an internal marketplace solution?

Heather Gilmartin Adams:
Very cool. All right. Next question is, does a learning platform need to have all skills and competencies defined before adding an internal marketplace solution? So, Stacia and I were talking about this yesterday, and there's sort of a principle answer and then a logistical answer, or a tech, a tech bounded answer. So the principle answer is no. We don't think so. Depending on what your goal is for the internal marketplace, if you're looking to help people connect with one another on specific topics or even if you're trying to help them find you know, gigs or opportunities that can be done with you know, either partially defined skills and competencies, or you know you could launch that kind of thing and just have it be a place for people to connect. Stacia. Do you want to, you had a good point, you had a good thought on that. Do you want to elaborate on that at all?

Stacia Garr:
Yeah, I mean, I just think that it is, you said it just depends on what your purpose is and having an internal talent marketplace. And so if you're trying, for instance, to increase people's networks and their access to other folks as a result of the internal talent marketplace, as one thing, you know, if you're, if you really are much more concerned about getting skills built and less about measuring them and is the analytics person that of course makes my heart go, but there's also reality. If, if that's the case, then, then, you know, I don't think that you need to have all of this mapped out. I mean, I think we can sometimes get in our own ways as we're trying to kind of get all the details versus just having a minimal viable product that we can use for folks.

Stacia Garr:
But I think to, to Heather's point, you know, from a lot of the tech vendors are requiring that you have this mapped from, at the beginning obviously there's more power and longterm power, particularly if you think about trying to having big data set from which to train your algorithms and to refine what you're trying to do. There's a huge need to have it all mapped in, in the beginning, but you know, we all live in the real world. And so I would say it's not necessary. But it is certainly desirable.

Speaker 6:
Can I ask a slightly different question? Can a learning platform have all skills and competencies defined?

Speaker 6:
The answer's no, I don't think that's a problem that you can solve completely for anything more than a moment in time.

Stacia Garr:
I think that's the beauty of some of the automation and the technical capabilities is that they can get a lot closer to defining a much broader percentage of the skills and competencies that are out there given the technical capabilities and the machine learning that we have in the deep learning, ect…ect… But I think you're absolutely right, Speaker 6, like, are we going to be able to identify every skill in the entire world? Absolutely not.

Speaker 1:
Yeah. I think that's a great point, Speaker 1 and I, and I think with a little bit of a foot in each camp, really, as a skills kind of advocate, but also on the other side, I mean, I'm defining them as, as one thing. I think the precision of surfacing, the nouns that we them with is what a lot of the AI is doing. So they're not defining them. They're just cataloging the nouns that we're using to evolve or described skills and resumes and profiles. And that's not defining them as listing vocabulary. And, and so I think those, it goes back to the previous question, defining proficiency of the skills. That's a whole different that's a whole different beast. So I think that the precision is actually important in how you ask or answer that question.

Speaker 6:
Yeah. I think that definition would like to suggest you have to name it and then you have to scale it. So you have to say, what is what is highly proficient versus, you know, beginner or whatever your scale is. And then I think the other element of it is the context in which that can be demonstrated. And I, yeah, I think just getting the first two, just the definition, just the name and the scale has proven to be pretty difficult. And then when you layer in the context of, you know, what's data analysis for an accountant versus you know, for a product manager or project manager but yes, the tech or the tech is very good at getting that salt, you know, partially salt and you know, it'll get better

Speaker 1:
And you, and you used the word Stacia purpose, right? It depends what your purpose for the marketplace is, which if you take the other side of that, it depends on what your purpose for being in the marketplace is if I have aspirations that are not based on my skill set, but I am incredibly motivated to go do customer service. That's not how I entered the company, but that's what I want to go do. That's more purpose than skillset. And so there are opportunities in the marketplace to connect in that way. Because motivation is a, is a huge factor in performance and desire to learn in some of those static competencies, but are, I want to develop and grow but I have an aptitude for, and that's, that's where I want to put my, my purpose. So, yeah, I think, I think the question's been answered is they don't have to have them all, but the marketplace needs to be looking needs to be able to facilitate non skill based kind of collaboration or connection or promotion or competence giving in those aspects.

Speaker 2:
Because if it is skills only, that's not good either. I mean, I think you and I have talked about women will apply for jobs where they have a super high percentage of skill fit. And even if the tool tells them, you're a 90% fit, that might not be enough of a competence factor, whereas my gender will apply for jobs that were 60% fit for. And so there's other elements of de biasing the marketplace based on some of those kind of social things that we know.

Speaker 2:
And I think that, that other point that you just mentioned, Speaker 1, I think it's also something that, that I did not yet have on my radar, but I think you're very right. I mean, if those marketplaces of course are looking to what skills I mean, that's, that's of course also a very biased view towards things because oftentimes your competencies are far more important than let's say to, to actually go and embrace a new solution.

Speaker 2:
Right. I mean, I started in finance and to be honest, when I moved to HR, I had none of the skills that they did that, you know, is actually required in HR. I mean, they were basically hiring me based on competencies, right. So if I know going to that internal marketplace, I apply for that HR position. I think I'd be filled out immediately. Because I just don't have it. I think that's a, that's a, that's a great point that you are making, and I did not have that on my radar screen yet.

Speaker 1:
That's how many of us have ended up in this field, Speaker 2. Including myself.

Speaker 2:
Yeah, exactly. Exactly. It could be because as you say, Speaker 1, I mean, it's important is what motivates you, right. What's driving you where you want to develop, how you want to learn, how you take on change, all those kinds of things, right?

Speaker 6:
Yeah. I mean, by far the most common hiring criteria is your experience doing the exact job we're hiring you for which, you know, it doesn't really explicitly relate to the, the skills or to the potential.

Speaker 1:
And also to the desire, you know, I think that's the danger we get ourselves into with some of these things is the algorithm is going to assume, you're going to want to do the thing that's like what you've always done as you just said, Speaker 6, and we know how many of us go into a new job wanting to do exactly what we just did in our last job or a new gig. You know what I mean? That's, that's pretty rare. So you know, it, I know we didn't explicitly talk about this, but, you know, in addition to data ethics concerns that I have with some of this, my, my concern is are forcing people into a box that is not the box they want to be in moving forward. And so we have to make sure that these systems enable, you know, folks to not just say this or, or have captured, but this is what they were good at, but these are the things they want to become good at and make sure that we're using assistance to provide those opportunities. Should we move on?

How do you maintain the skills & competencies models that workers orgs are using today?

Heather Gilmartin Adams:
How do you maintain the skills and competencies models that workers orgs are using today?

Speaker 6:
You get all the good ones

Heather Gilmartin Adams:
So we touched on this a little bit actually in terms of manual maintenance versus tech maintenance. And I think that's perhaps the most relevant difference, right? Is how do you maintain these? Well, right now it seems that skills frameworks, are more heavily based on tech and therefore more dynamic and more continually updated competencies are maintained largely manually by someone in HR, but as we've discussed, like it doesn't have to be that way. It is just currently the way things are set up. Insights on that?

Speaker 2:
Yeah. I can, I can actually only talk to what competencies I think, because they are, let's say fewer numbers and they are owned by us as a, as a corporation. I mean, I'm referring them every couple of years and typically, I mean, if you're not making changes to the overall, let's say naming of the competencies, we do actually sometimes update the behavioral anchors that we, that we put in place. For instance, if we want to make this more inclusive if you want this more digital, more learning oriented, you know, then, then we might also want to tweak some, some of those things down, but for four skills, I would be interested to hear from the group, because this is probably one to move to. And, and I guess that's the bigger maintenance activity.

Heather Gilmartin Adams:
Yeah. One of the things that came out of the research was this question of, okay, if you're going to, if you have a skills platform that requires employees to input their data in order for it to be maintained and updated. So it relies on employees to say what skills they have and sometimes give, give an estimate of how, of their proficiency level in that, in that skill. And sometimes then it requires even the manager to go in and verify that skill in that proficiency level. So then, then it's a question of sort of change management and motivation and how do you, how do you get people to, how do you incentivize people to to, to do all those things, to provide that information? And one of the things that, and we've touched on this a little bit in this conversation is the importance of sort of demonstrating the benefit of, of doing so.

Heather Gilmartin Adams:
So Stacia mentioned this a little bit in, in when she was talking about the opt in opt out. But it turns out just in general showing the what's in it for me. So sort of helping employees see view their skills profile as a marketing tool for themselves, right. Sort of the way that they would use LinkedIn more broadly. But if they, if they use that as a way to demonstrate to the organization, the skills that they have and the opportunities that they would like to take advantage of the sort of there has to be, there has to be a sort of a cultural element built into it around this. This is what's, this is, this is how you grow in the organization is by marketing your skills and making yourself available for opportunities. That was one of the really, really interesting things that we found when we were talking to people.

Stacia Garr:

Great we have just 4 minutes left. So are there any questions we didn't get to that folks want to try to slide in here before we call it good for today?

What system works best?

Speaker 2:
Sorry if I take some time here. I mean you're, your research is really great that you're saying, okay, skills and competencies, our hypothesis did not work out. Right. We need both. What I'd be interested to hear from the group here is, I mean, how do you think about this working out system wise? Right. Because to be honest for us, we are working with Workday, right. And I think if now, if I take this competency and skill approach and say, okay, they are both relevant. I mean, I just have a big concern that our employees are getting confused because they're all, those are different elements. And yes, of course I can explain it, but I think still to be honest, I already have a different position. That's a setting that kind of internally in HR. So I just wonder what the group could contribute there.

Stacia Garr:
Any thoughts, anybody involved in both things?

Heather Gilmartin Adams:
Yeah. I mean, I'll take a shot. So I think to, to put a little bit more nuance into the findings of the research some organizations are just saying we're going wholesale with skills. I think it was important for us to to highlight that that's not the only route and that for lots of organizations, maybe that don't have a platform like Workday that meshing the two together in a way that makes sense for their organization was what we wanted. That was what we wanted to highlight. It is the case that, you know some of the people that we talked to are making a wholesale push to go towards skills. What they're, what they're encountering though, is some resistance in their organizations to the people sort of standing up and say, Hey, we have this competencies framework. Like, why aren't we using that? And why do we need to replace it with skills? And so then it's a sort of a change management and messaging play.

Speaker 1:
That's a great point, Heather, I meant, or observation in my experience, a lot of those people who are like, Hey, hold on, that's a job. Well, my job is to build that competency framework. And you're about to steam roller it reinvent it, but that's my job. I'm an IO psychologist. I've got a PhD in writing that stuff. So how do I know let's get into the detail, let's have the argument about skills versus competencies and all of that, which would be of a three point scale or a seven point scale, and just take years. And it never goes anywhere. It's, it's unbelievable.

Speaker 3:
I will try to answer the question for Speaker 2. In my experience working with organizations, you know, there were some cases when definitely, you know there was like skills profile, but then there were organizational competencies and they were applicable to everyone within the company.

Speaker 3:
And let's say, the company says, in order to be successful within our business, you need to be able to develop it, to have those type of competencies. And they are, you know, and again, we spoke about that before it could be individual competencies or organizational competencies. So if you look from the perspective of our organization, you know, the question is, you know, why and what we are doing you know, let's say skills profile or competencies, frameworks, and then how do you apply them? What are their overall goal of the competency framework? Is it performance only for specific you know line of business, or it is related to the whole business? In my case that I described to you, there was distinction between skills profiles, and then organizational competencies for everyone to be successful within this organization, it could be, you know, cultural leadership and so on and so forth. So it definitely depends on the task that you are trying to achieve and on their solution that you are trying to find. So my, my 2 cents,

Speaker 2:
No, thanks. Thanks, Speaker 3. That is great input. Thanks much.

Conclusion

Stacia Garr:
Well, I think we are, we are at time and, and Speaker 2 let me know that the invitation did actually say 9:30. We usually only go an hour, so I think we're gonna cut it off there. And if you were planning on 90 minutes, you'll have an extra 30 back in your day. But I want to say thank you very much to everyone for the energy and the sharing of thoughts. And this is exactly what we want from these sessions. This is just the first of what will be many work pieces of work on skills this year. As I mentioned at the beginning, we are putting out the podcast starting next week on the skills obsession, and then we will be doing a number of different pieces this year on skills. So skills vendors is going to be one of them.

Stacia Garr:
And, and we're going to look at that from both the learning and the people analytics side. And we have a number of other ideas skills and diversity, equity inclusion, and belonging being one, and skills and mobility. We've written about both of them separately, but not together. So those are just a few of the ideas that we have for the year. So if anything particularly resonates, let us know. And in the meantime just keep on coming back. I think actually Heather had the slide that just shows our next Q&A call is in two weeks. You don't need to show it, but it's on DNI tech. And so if you're able to join us for that, that would be great. And if not, we will see you on another Q&A call in the future. Thank you so much for the time today, everyone.

 

 


DEIB Tech: A Market Whose Time Has Come

Posted on Tuesday, February 9th, 2021 at 7:03 AM    

Events of 2020 – COVID-19, a social justice movement, and multiple natural disasters – have created a business imperative for orgs to address and rethink their orgs’ DEIB practices. Leaders looking to design a holistic DEIB approach for their orgs should focus on 6 key areas, one of which is technology.

Over the last few years, technology has grown and matured to meet the needs of the orgs by adding capabilities that specifically address DEIB and help customers solve their primary challenges. This infographic summarizes our report DEIB Tech: A Market Maturing To Meet The Moment.

Click on the image below to get the full infographic. As always, we would love your feedback, which you can provide in the comments section below the infographic.



Develop People and Connection with Book Clubs Q&A Call

Posted on Monday, February 8th, 2021 at 4:14 PM    

Q&A Call Video

TRANSCRIPT

Introduction

Stacia Garr:

Alright. Well, if we're going to go ahead and get started. So we want to first say thanks to everybody for joining today for this first Q and A call here in February. For anybody that I don't know who may watch the recording later, because I think I know everybody who's here today. I am, Stacia Garr Co-Founder of RedThread Research, and today we're doing a little bit of a different type of Q and A call in that we have a guest who's going to be leading the conversation with me and that Steve Arntz in I'll let him introduce himself in just a minute more properly. But the conversation today is around book clubs. And part of the reason that we we've actually been wanting to do this conversation with Steve for a long time. And part of the reason for that is that we've seen book clubs start to, to rise in popularity.

Stacia Garr:

And we have some hypothesis about why that is many of them related to the pandemic, but we think that this is kind of an interesting way to think about connectivity and learning and really kind of the social aspects, and fulfilling social needs that people have right now. So we have invited Stephen, he's going to tell us all about book clubs and everything he's learned as he's launched his company Campfire, and hopefully we'll come out of this knowing a lot more. And also, I think we were talking about maybe seeing if there is some appetite for starting a book club. So with that, for those of you who don't know who RedThread is, I want to go ahead and just remind you, we are a human capital research advisory membership, and we're focused on a range of things most relevant for today, learning and career, but a whole bunch of other things, as well as you see here.

Stacia Garr:

And so folks can check us out on redthreadresearch.com. So with that want to go ahead and let Steve introduce himself. And actually Steve is going to get to do much of the sharing, but like I said I want to express my appreciation to Steve for being here. He has a lot going on including a brand new baby. So we're excited that he made a little bit of time for us today. And we're also just in general, grateful for the friendship and the partnership with Steve. As we were launching the RedThread membership, he helped us do a lot of the thinking around it. And we're just very thankful for that. So, okay, Steve, over to you.

Steve Arntz:

Thank you. Stacia a very kind introduction. I do have a little baby girl born December 8th. And so that's been very exciting, good change for us. We had two boys before that and six and a half years, and then we had a little baby girl and Founder of Campfire and Campfire started as a book clubs company. But one thing I want everybody to know is that we don't, we don't really service corporate book clubs in the same way that we used to we're we have now pivoted towards just building man effective manager training basically. And it uses a lot of the same mechanics from book clubs, but as we share the research and the thoughts that I'll share today about book clubs, just know that that's not really our core business. It might have a slight bias to it cause I do love book clubs.

Steve Arntz:

But hopefully I can share it in a, in a more, less biased way than you might hear from a vendor. Who's trying to sell you a software and things like that. So I really appreciate Stacia having me here today. And I don't know how much more of an intro you'd like Stacia? I spent five years in the talent management space working on a suite, a platform called bridge, which was talent performance, career development, learning management, all of those things. So stuff that the RedThread audiences is very interested in and so spent a lot of time with talent leaders in the space. And so that's why I've really enjoyed so much the association friendship and relationship with RedThread, and Stacia and Dani.

Stacia Garr:

Thank you. Well, shall we dive in?

Steve Arntz:

Sure. Yeah, that'd be great. Let me, so I'll share my screen now.

Stacia Garr:

So one thing I should say, cause I don't know that Steve's been on, on one of these calls in the past, but these are highly interactive. He has some slides, but we're a small group and the whole point here is to have a conversation. So you jump in, I do have at the kind of end of what he's prepared, a few slides that have been submitted or a few questions, excuse me, they are on slides that have been submitted, but just jump in like this is a conversation,

Book Clubs are having a moment

Steve Arntz:

Love it so much. And I have slide six. I'll kind of force you to talk a little bit more, but jump in in any slide and that, that's awesome. That's very welcome in my mind. Very different than typical webinars. Webinars are kind of hard to try that energy sometimes because you're just talking to a, a wall sometimes. So as Stacia mentioned, book clubs are having a moment a little bit. There's some evidence of that here. You can see all of, I mean, I just grabbed a few when I searched news yesterday to get some more new stuff, it's just tons of stuff out there. I really liked this one. I changed the search parameters to just be in the last week and you can see stuff from different news sources. Literati is a great little company that does book clubs for kids, as well as for adults now raised $40 million for their business.

Steve Arntz:

You've got all of these different things happening around book clubs. I actually got this in the mail advertising a book club in a box and then I love Simon Sinek and he hosted his own book club at the B towards kind of the beginning of the pandemic saw that as an opportunity and a moment to help people to connect, which was really cool. I stopped searching for stress results because there were just so many articles on the social isolation side. The number I was able to find is that 42% of people are still working remotely at this point in the pandemic. It's predicted to be down to 21, 22% by the end of the year. I think that's probably optimistic. On the stress side of things, what we're seeing is just a dramatic increase in antidepressant prescriptions and all of these different indicators of a mental health challenge that we're having.

What can Book Clubs provide

Steve Arntz:

And, you know, it's, it's probably a little bit I don't know, ambitious to say that a book club could really dramatically impact these really meaningfully challenging hard things. But book clubs do provide a little bit of an antidote to those things. So an article from HBR talked about how it can provide calm. So if you just take a break in your day, read for six minutes, it can reduce stress by 68%. And so I've, I've worked that into my day to where I take reading breaks between meetings. If I have time between meetings, one of the common things that you can do is just go scroll your LinkedIn feed. I've replaced that with just grabbing the book that I'm reading, reading a couple pages and getting back to work and it helps to center me and bring that calm. And then the connection side, I love this quote by Patti Digh, the shortest distance between two people is a story.

Steve Arntz:

People read so that they can connect. They have a common place to now share a conversation. And so they can take this book and have a conversation with each other, but also with the author and it provides that opportunity for connection. And so that's what I, what I think is kind of behind this book club movement is people need both of these things desperately at the moment. And so we we've seen them in, in corporate as well. And so this is that first place to have a little bit of a conversation. And so I like to give people a chance to just sit and think, even though it's awkward on calls, but just think for a minute, I'll be quiet. I promise I'm not going to try to fill the awkward space about the bestest group discussion you've ever been a part of. Just, just sit and think for a minute, see if you can come up with something.

Best group discussion you have ever been a part of

Steve Arntz:

Because the group is so small. Is there anybody that has a group discussion that's come to mind that would be willing to come off mute and share?

Steve Arntz:

Speaker 1 ready?

Speaker 1:

There's several that come to mind. And as we said when I started when we were starting, I am in a book club. So that one comes to mind. I've been with that group for a long, long time. It's a meditation studies group. And so during the pandemic, we switched to book club because it was just something else that we could do. But how did it make me feel? And that thought made me think of my past. And so the feeling of connectedness, the feeling of talking about something that's in common and in our club, we, we sort of collectively choose, you know, someone puts out a list. And so we've, we've had some investment in what, what it is that we're talking about. But it made me think about my past when I was a facilitator and I would travel around to different offices.

Speaker 1:

And so I was the stranger, it was their home ground and the feeling of having a really robust conversation about who they were, what they were doing, which troubles they were having, you know, what we're going to talk about as I was teaching the class, all those things was the feeling of being connected and being helpful and working to together towards solving the problem. And so whether you get it through a book club or a facilitated workshop or a business meeting, it's really to me, I think that sort of productivity feeling like we're doing something important, working together, sharing like a common ground, a common reason for being there.

Steve Arntz:

That's amazing. Thank you for sharing. I love that. Does anyone else have anything that comes to mind?

Speaker 2:

Well just the, the thing that you did before with just being quiet, it just reminded me when I was in college, the program I was in we'd have lectures once a week, but then mostly it was like 20 or so people in seminar rooms and one of my seminar leads was a Quaker. So she's used to sitting in church for like two or three hours, just like silence until somebody had something to say. So she, it was very jarring at first, but she would like pose a question to the group and then she was just happy to sit there until somebody had something to say. And it's just there is a you know, there is a social and a brain process that happens when there's silence because, you know, somebody will get uncomfortable and to jump in and have something to say. So just as a, as a technique to kind of get people to open up and start a discussion, I just felt, it just reminded me of that.

Steve Arntz:

Awesome. Thanks for sharing. A group discussion that comes to mind is actually I was at a, I was at a dinner in San Diego, with someone, who's on the call here was actually there with me. And we had an hour long discussion around one question, which was, what's the one thing that we could change about ourselves that would make all the difference in our marriages to our spouses. And we sat for an hour talking and that was that's the group discussion that came to mind for me. And the reason that it came to mind is because there was safety, psychological safety is a big, massive component of book clubs and discussions that we have.

Steve Arntz:

And we were able to talk about, I think, like you mentioned, of meaningful change in wanting to improve and do better and all of those sorts of things. So is there anyone else that has something that's come to mind? I'm going to take the Quaker technique again, be quiet.

Speaker 3:

I'll chime in, and I have one other to throw in there. This is a runner up to the, to the discussions I had with Steve, because that one was obviously the best one, but in, in the other group discussion I had, it was, it, it was differing opinions and but it was intentionally. So, so when the group was formed to have the discussion, it was the understanding that, Hey, here's this book that, that it was political. This is where I lean in. It's kind of more of a historical, let's all weigh in on it.

Speaker 3:

And like, so everyone read it and gave their opinions on it, but it was all from different perspectives, all with the intent to understand what the other was saying. So it was more like it was, cause it was literally trying to build connectedness and understanding around something that, that it could be more difficult you know, with, with polarization. So that was having that, that intentional, you know, psychological safety going into it. Everyone knew that, that they, they, they were one was going to be actively listening and trying to understand from the other perspective, instead of kind of waiting for their turn to speak. And so that's kind of what, what was my runner up to one of the best conversations I've had as well.

Steve Arntz:

That's cool. Thank you for sharing.

Speaker 1:

Yeah. I had one more, just what Chris was saying, and I'm doing it as we talk. One thing that I'm noticing for sure, as we're digital talking about it, the, the, the idea of the go round, right. You know, one person talks and then in the classroom when we're digital, it's, it's different, but it still happens the same that as one person talks, then the next one says, Oh, that makes me think of something in the next person. And I'm surprised by that happening on digital, but I think it's to what you were saying that we're psychologically safe in, within a a well-grounded or parametered discussion you know, we're here for a purpose to do it. So please speak. And I find, and I'm curious if others are, are also, like, I just would have never expected us to be so comfortable getting into those kinds of conversations. Look, I'm pointing at Speaker 3 he's right here on my screen that because people just want to talk, people want to have that shared experience and they want to be able to express then as people share more and more, the safety becomes more and more. So I, I find that super fascinating.

Steve Arntz:

I love that. I love that so much. And you, you called attention to the fact that we're all remote now and this environment, like I'm surprised it works in this environment. It makes me think of an idea. It's a little meta now, because you said you know, an idea, it makes you think of an idea. And,

Steve Arntz:

And you're talking about remote distributed teams and groups. And what's been fascinating to me is to challenge ourselves as a team at campfire. How is it better because of the pandemic? What can we learn from the pandemic that'll help us to to do better than we did when we were all in person and one of those ways. So here's something that's a little off script is that as we've learned about how to help people to create psychological safety and connection in groups that are distributed and sometimes large, one of the techniques is we have people move back and forth between zoom and Slack or Microsoft teams, depending on the tool that they're using. And as a facilitator, we'll, we'll prompt with a question we'll put that into Slack or teams, and we'll have everybody quietly type the response to the question. And then they create these threaded discussions very quietly.

Steve Arntz:

It's, it's like a loan together as a, a way to phrase it type of a technique. And what's fascinating about it is just as one example, we had the question who is the best manager you've ever had. We were talking about manager effectiveness. So we put that into the chat and we were able to have 20 people respond with a paragraph about the best manager they've ever had. And then we all quietly read those responses and reacted to those responses. And in a matter of seven minutes, we had had a go around discussion. Like you're talking about Speaker 1, that typically would have lasted a full 45, maybe a whole hour, just for the one question. And so there are some ways that the pandemic that the remote remote tools that we're using have made things easier and better to create that safety, that connection, help people to have these discussions. So I appreciate that comment for just a number of reasons.

Stacia Garr:

I think you see someone on our team smiling, because that's what we do in our round tables.

Speaker 4:

Yeah. We started doing it in. So Speaker 1 and Speaker 2 are both familiar with that technique because we started doing in our round tables.

Speaker 2:

Yeah. We can all write faster than any of us.

Stacia Garr:

Well, and we're in an era where inclusion is just mattering more and more and more as it should. And it's, it's a much more inclusive technique because as you can tell, I like to talk, but it type it's all about, we all have the same amount of space to fill, and then we all can read together. And so everybody has that same voice at that point, which is really cool. So, and Speaker 4 taught us that technique, by the way, she facilitated several books for our team and has done a magical job of, of getting us to connect other thoughts. It looks like Speaker 5 turned her video on, I don't know if that's, because she's wanting to share, don't want to put you on the spot.

Speaker 5:

I wasn't planning on sharing, but I can yeah, you made me think I do, we call it a book club. It'd be more accurate to call it a podcast club because the most we can get In as a podcast throughout the week. But the, yeah, so, so I get together with a group of girlfriends every week, virtually. And we just, we just talk, you know, we go anywhere from discussing the, the merits and flaws of capitalism to talking about our weeks and checking our, you know, like this last week, some of us have had some uncomfortable situations. So we wanted to check our instincts and kind of check ourselves on that. But I always walk away feeling alive. That's, that's always kind of the it's invigorating. It makes me feel alive. There's something about that connection, but also just that expression of yourself as well in a group that accepts that and wants to participate with you as a, as a thinker, as a person. That's just really, yeah. I just keep on thinking every time I walk away, I feel more alive.

Steve Arntz:

That's awesome. I love that. I'm interested in people's thoughts about why a book or a podcast or a piece of content can bring people together. Speaker 3 mentioned earlier about how you can get people from different political viewpoints, for example, to somehow have a, a discussion that can be, you know, friendly, amicable, even if their viewpoints differ, because they are kind of centered on this piece of content. And so I think that there's something to that with what you're talking about, Speaker 5 as well of having a place to start is something that's very, very powerful regardless of whether you agree with the piece of content or not, it brings you together and you can start that discussion and then those discussions end up helping you to feel, I like how you put it alive. With your permission, I'll go back to the deck here and share some more things.

Steve Arntz:

So, you know, our, our brand is purposeful. This is the only time you'll see our brand, but we believe that Campfires are a bit of a symbol of what it means to connect. If you think about group discussions, they sometimes model the way a campfire is built. You have to collaborate to find pieces of things to burn and stick in the center. And then this, the fire starts really hot, and there's an intensity to it that keeps you apart. And then you start to cook things over the fire, and then the fire dwindles, and you have to get an even closer to warm your hands by the fire. And that closeness, that, that change in closeness brings people together and the discussions that are had and those types of things. And I think it helps us to think about how we might model those discussions in our organizations as well.

The research and the selection

Steve Arntz:

We did a lot of research on book clubs, and I don't know if it would be research that would pass the bar of RedThread research. They're phenomenal researchers, and we are kind of product researchers, which is a different bar. But I want to share with you some of the research that we did first, we did some secondary research and I love Davina Morgan Witts. And she's done phenomenal work in researching this from a consumer side and surveyed 5,000 book clubs. This report is incredible. If you want to download it, if you need some insights into how to maybe leverage this for your organizations, this is a great resource. She talks about books selection in her research. And so there's just tons of books. I think the most common mechanic for choosing a book for a book club is basically to just look at the New York times bestseller list.

Steve Arntz:

Somebody picks one off of it that they like, maybe they're going to be the facilitator and they just show up and say, Hey everybody, do you want to read this book? They might pick two or three, and there's a voting mechanic on it. One of the things that Davina found in her research is that book, selection matters quite a lot. And the biggest thing that matters is that everyone is excited and willing to read the book which, you know, seems obvious, right? But I think that people often think that, you know, just choosing one of the bestseller books, people will just show up and they'll, they'll read because they're in the book club. What we found is that if you, if you give people several options, then that helps what helps even more is if the group can decide together on a purpose for reading a book and then select together a book that fits that purpose.

Steve Arntz:

So specifically when we're working in our organizations as talent leaders helping people to identify those problems and challenges, and then choosing a book that will help them to solve that challenge is, is very helpful. And so we worked with a marketing team that read the book Upstream. And the reason they chose Upstream is because they were trying to figure out ways to be more creative and solve problems in advance of those problems, existing, sometimes preventative maintenance type things. And because the team chose that book together, 85% of the participants read the book. Whereas in their previous book club attempts only twenty-five percent of the people had read the books. And so having that shared purpose can be really meaningful and choosing the book and then moving through the content together. What did Davina find that is important about a book? So the, the key indicators of whether a book is great for a group is it gets people talking.

Steve Arntz:

It's well-written. We like to add to that a little bit of, for, for talent leaders specifically, and in our organizations it's well-written and it is research backed. I think a lot of times we can pick kind of the pop business, the pop psychology books, they're fun to read. They create great conversations. I wouldn't say that they're bad to choose. What's even better is one that's well written and well-researched, it's enjoyable to read. An example of that Shawn Achor wrote a book called The Happiness Advantage, and he's he's a psychologist from Harvard, who's studied positive psychology, done a lot of great research and work. And he also writes books that are fun to read. And so it checks a little bit more of the boxes for us that might be a really meaningful book for a club to choose. Stacia, it looked like maybe it came off mute, so I wanted to see if you had something.

Stacia Garr:

Oh, I was just going to exclamation point the Shawn Achor book. I love his work also. Adam Grant's work in terms of being easy to read, but also research based.

Steve Arntz:

Absolutely. And Adam Grant came out with a book yesterday, or it's this week. I can't wait. Okay.

Stacia Garr:

Yeah. Recently I thought it was a couple of weeks ago, but yeah.

Steve Arntz:

Okay. It's the power of knowing what you don't know is what it's about. And I'm really excited to read that book. So does anyone else have thoughts on, on that book selection.

Speaker 4:

On the, on the note of research backed, it was interesting. So, so just as background for the rest of you, I I did a couple of book clubs with the Campfire team the internal book. So we did a sort of internal book club, and it was very interesting to know that there was a lot of energy around the first two books cause they were very, very relevant to what we were, what the team was trying to do. And then the third book we chose was not research backed. It was more sort of anecdotal and a little bit more of a pop psychology, and it wasn't particularly relevant to what was going on for the team at the time. And it, it, it was really interesting to note just how the energy dropped in terms of being in terms of wanting to participate in that book club.

Steve Arntz:

And Speaker 4 is being generous, we cut it off early eight chapters in, and we're just like, nah, forget it. I'm doing this. And, and I think that's actually a useful thing to know, like if a book's not working for a team bail on it, pick something else, you know, this is a powerful mechanic and it can be powerful in both good and bad ways because you're bringing people together to discuss and, and over a topic that needs to be relevant, interesting research backed, going to provide meaningful results for these teams. So,

Stacia Garr:

And it really just goes back to adult learning principles, right? We, we need things that we're going to use in our lives. And if, if we don't, aren't getting it, we're not going to spend the time.

Steve Arntz:

And that's not to say that they all have to be research backed. And I agree with that Stacia for sure. We're currently working with a company that's reading the book, I am Malala, and they're doing that to have an example of one of their values, which is do good. And so they have this value do good in their organization. They're trying to build culture. The purpose is, is not to change behavior or take action necessarily it's to bring people together around a story, get them to have conversations about what it means to do good in the context of their company. And so, you know, narrative and memoir can be a powerful mechanic for that, but you just have to be purposeful about what you're choosing for what reasons, if it's behavior change, choose something, research backed for sure. If it's conversations that you want to generate, you might be able to get away with choosing stories and narratives and memoirs and that sort of thing to help start the conversation.

Steve Arntz:

Any other thoughts observations before I move on?

Speaker 3:

Is it alright, if I pepper you with a quick question, Steve?

Steve Arntz:

Absolutely.

Speaker 3:

I'm curious, cause you know, one of the things I thought of actually as I remembered a group shortly after high school and college, where they gathered around you know, fiction books and literature, and that actually brought them together and they would and one of the books that came to mind was one called Islandia, which was, you know, kind of kind of mysterious kind of fantasy type book, but it was very cerebral and everyone was trying to figure out what it means and they all share the perspectives and what they thought was what, and that was part of the, the intrigue and the interest there. So my question is is just, have you seen like fiction books play a part in this and do you see maybe a combination of a hybrid between books that are, are intentional to kind of create purpose and culture? And then some are just, just the enjoyment factor to create connectedness?

Steve Arntz:

I think fiction is very powerful and can be a real positive experience. There's a strategy team that we worked with that read Ender's game together. And I think that there's a lot of strategic principles in that book. I don't know if you've read Orson Scott Card's book. I I think that when you choose fiction, it's even more important that everyone has said, yes, I want to read this book. I think that you know, that's, that's the place where you might find the most drop-off in a business setting. And so if people aren't committed to reading that book and they don't have purpose behind it, you're going to find a really low participation rate in terms of number of people who are actually going to complete the book. And so, you know, I think there's value. I think that stories bring people together. I think that, that they build empathy. You can relate to characters and you can start to learn from different perspectives, but it's just really important that people are all committed at that point to saying yes, yes, yes. We're all excited about this book that will create a lot of energy and a lot more success.

Speaker 3:

Right. Makes sense.

Picking the right book for your team: "What book could we read together that would help us the most right now, as a team?"

Speaker 5:

Hey Steve, can I ask another question? Sure. This is awesome by the way. So I just started a unofficial book club where I work. And so I did a little survey and asked people sort of what are, what are like the high level topics that people would like to talk about. I'm wondering how you've seen, like, what are the best methods you've seen for getting people to agree to what the purpose is or what the book is because I I'd like to get as many people excited about reading as possible.

Steve Arntz:

I love it. So we have a survey for choosing a book that we've used with customers and the survey is, is eerily similar to an engagement survey that you might use as a talent leader. And what's fascinating is that choosing a book for a specific team can be a safer, sometimes more interesting way to find the problem on that team than using your traditional kind of talent management engagement survey that you might use with like a provider like Glint, or, you know, these different providers that have these engagement surveys. When you get a leader with you, let's say a team of six, eight, 10 to say, Hey, like what book could we read together that would help us the most right now, as a team, somehow that's a safer question than like, what's the problem with our team right now? Can you guys take the survey?

Steve Arntz:

I want to check against these eight factors about where we need the most help as a team right now and magically you as a leader, get to see what the team thinks is the biggest problem. And so there's a roundabout way of answering your question, Speaker 5, but you can use similar approaches that you might use for an engagement survey to say like, Hey, what's the problem on our team? What's the thing that would bring us the most benefit. What's the opportunity on our team? If we could do this, just this one thing really, really well, what would that be? And if you tie that back to using books to kind of choose a that thing, it becomes a very safe way to find those opportunities, problems, threats to the team that you might want to surface. And then it's a lot safer way to then go and address it because now it's not you the leader saying, Hey, I think we need to solve this problem.

Steve Arntz:

It's the team saying we need to solve this problem together. And we've chosen this book. We've chosen a guide to help us through the problem. That's not our leader. It's not the leader now lecturing on how to give feedback. It's maybe you know, a research back book on feedback, giving a lecture on how to give feedback and then the leader being able to help support that conversation in a direction that helps solve that problem. So I don't know if I'm answering your question fully Speaker 5, but like, I think you're doing the right thing by identifying, you know, questions that you can ask and seeing how, how the group can give input into the book that they might want to read. And you might also think about how you can tie that to the problems, opportunities, threats for teams, that'll help them to solve the most urgent problems in the context of your business. So

How do we connect with one another through reading

Speaker 6:

Hi Steve.

Steve Arntz:

Hi.

Speaker 6:

Hi. This is, this is good. Thank you. So I was just listening to these because I joined these because I've been one of the people that never really liked book clubs. I have, I've been an avid reader since I was young, but I read for that enjoyment of just isolating myself and sitting with a good book. So for me, trying to be part of a good club, kind of defeats the purpose. Like I don't want the pressure of read three chapters before you come. And then we have to talk about what we read. It almost feels like school. So I never really was interested in a book club until I joined my first book club this month. And the reason is because we had a trivia with the organization, we had a trivia game and it was sort of like a jeopardy kind and informal networking get together virtually.

Speaker 6:

And then we got to talk about this book and there was a lot of good conversation and just people talking about different books that they had read and some of the perspectives and the team is working on health equity. And so then it ended up spinning off from two months ago into a book club where somebody, you know, started it, picked the book and told everybody, you know, if you're interested, we're going to read this. And for me, the reason why I joined it is because it brought up two things for me is I wanted to read more this year. And that's also a book that I want to read because I'm learning, I'm going to learn so much about that book. And then I'm going to talk to people who make it reading that book, which is not a really a fiction reading that book by myself. It will be hard work and you will probably be harder than talking about it with people. So for me, that made the decision easy. Is that, what am I going to get from these? And then what support am I going to get from that group? So I can see the way the statistics you shared at the beginning. I can see why it's going up because I've never been a book club fan. And I find myself joining one and joining this call because I wanted to learn more about that. So

Steve Arntz:

Thank you for sharing Speaker 6 and I have, I have a suggestion for you about a book club to try in the future. Based on your feedback. One of the, my favorite experiences with a book club was one there, there were some women on LinkedIn who posted about wanting to have a book club and I commented on the post and said, it looks like I'm the only, I'm the only male would you guys be willing to let me join anyway, is that okay? And they said, we'd love to have you. And I was thrilled. And so there were a dozen women and me and we show up for lunch at a place and they asked my thoughts. What do you think about choosing a book? And I hadn't gotten into book clubs yet. And I said, well, I, I don't like book clubs very much.

Steve Arntz:

I just wanted to meet other women in the workforce here. And I was excited to learn from all of them and get a new perspective. And, and they said, well, what do you think we should read? And I said, well, I think we were all reading, right? Like, let's go around the room and say the books that we're already reading. And so everybody went around the table and talked about the books they were reading. And I said, well, like, let's just not stop reading the books. We're already reading. Let's meet again in a week around the lunch table. And let's just bring all the insights that we have from the things we're already reading. And what was fantastic about it was that the first person shared about the book, they were reading the insight they gained. And then somebody was like, that relates to my book and they started to share and, and shared an insight there.

Steve Arntz:

And then someone else. And then by the time we were done, all 12 or 13, people had connected every bit. Like these books, all connected, like we're all connected. These books, all of these are connected. There's this like, as we've, as we've been cataloging, all these books for our customers and things, we've been finding that like through the taxonomy we've created and the way that we've created relationships between these books, they're all connected. And so Speaker 6, something that you can do, who, you know, is one that loves to just read what you're reading. You can have a book club with other people who just like to read and then find the connections between the things that you're reading.

Speaker 6:

Yeah. That sounds so much like me right now. What you just described. I love it. Thank you so much for sharing that because I think that's been my struggle with reading. It's like, I read good books. I get excited, but it's like, I can't talk about it with anybody because nobody, I don't know anybody else read it, but I would love to also hear what other people are reading and what they are getting from me, as opposed to putting the pressure on me, to do some reading and come answer some questions about the reading. So thank you.

Steve Arntz:

You're welcome, Speaker 6. Thank you.

Stacia Garr:

I think the thing that's amazing about that is it's kind of the rethinking of what a book club could mean. Right? Historically, it's just been this idea that we, we read one book, everyone reads the same thing, like what Speaker 6 was, was saying. And and that puts a lot of, a lot of pressure. But if instead, it's, you know, whether it's with what Speaker 5 was talking about about the podcast or, or whatever, but then maybe bring some content, some thoughts on some interesting content that you have consumed in the last, you know, week, month, whatever, and share that. And then kind of build a conversation around that. So, I mean, the, the book is just one of many, you know, content mechanisms really. And so this idea of expanding it into a different approach, I think is really attractive.

Steve Arntz:

That's awesome. Stacia thanks. And you can do that by topic. You can say everybody reads something about feedback. Everybody reads something about communication. Everybody reads something about performance management and we'll all come together and share those things. Or you can do it kind of the anti topic of like read something off the beaten path, something that's not in our normal literature, our normal, you know, canon of, of our discipline and then bring those collisions back to the group. And there's just so many different ways that you can choose these books, the content, the topics, but the important thing is that you create purpose around the discussion. And then when people come together, they can have those meaningful interactions.

Stacia Garr:

Yeah, it's interesting. My my master's, my first master's degree was from the London school of Economics and the British approach is very much so like that they call it, you read a degree, not that you like take a degree with predefined things that are in the curriculum. They literally, I remember the first day I got a syllabus that was like this thick, and it was just like, here are the 10 topics we're going to cover in this, this course. And here are all the books we know about in, on these different topics, but you could use else, just read three or four of them and come to class and have something to say. And I remember feeling just completely unhinged, like, what is this going to be like these conversations. I was incredibly nervous and they were some of the best conversations I've ever had because there were so many different perspectives and connections like, like we're talking about. So I think we have to be willing to be a little bit afraid potentially of the lack of structure, because I think the structure will appear.

Steve Arntz:

That's awesome.

What do you define as reading

Speaker 6:

Well, I have one more point that I was going to make about your suggestion of topic. I think it also aligns with, because I think for awhile, I beat myself up because I felt like I wasn't reading. Like I wasn't reading enough, but then I realized I've been going through a phase where all I'm reading is articles. So I'm not reading books as I'm used to, but I've been reading like lots of articles online and research articles. So I think when you, when you make it by topic, it kind of gives people room to be flexible. You know, are you going to pick a book? Are you going to pick an article? Is it a podcast? you listen to, you know, just what have you consumed in the last, whatever you define that you want to talk about? .

Steve Arntz:

Oh, man, two things I want to call attention to first off is the, the term book guilt. Everybody has it. Speaker 6, we all have book guilt. People often ask me if you read all those books behind you and like, what do you think is my response usually? And it's because the answer is no. Like, no, we like to be surrounded by books. We don't read all of them. It's still great to be surrounded by them. We all have book guilt. The next thing is I got to spend some time with the head of the New York public library in New York at one point and asked that person what do you define as reading? And he said, what do you mean? And I, I said like, you know, is, is an audio book reading. And I was there with a friend who I had basically like tried to make feel guilty because he didn't like to read books.

Steve Arntz:

He liked to listen to books. And I said, that's not reading. And so I was asking to kind of prove my point to this friend in front of, you know, the head of the New York public library. And he said, Oh, we, we constitute any consumption of content as reading. You want to look through a picture book, that's reading. You want to listen to a podcast, an audio book that's reading. So I think that what you've just called attention to Speaker 6, is that we need to kind of redefine that for ourselves as well. I've just a kind of interacting with a piece of content that can challenge your perspective, change your view. Any kind of content is great. It's reading, let's, let's call it what it is. So it sounds like somebody came off mute and maybe wanted to share something.

Speaker 5:

Yeah, Steve, I was going to have the same conversation with my Grandma. So she loves physical books and I love audio books. And she, she said, you're not reading.

Speaker 5:

And I said, I said to her, Grandma, if you go back, you know, 1500 years, you know, the printing press wasn't invented. So how did they, how did they transmit ideas through stories? It was orally passed down. So actually I'm doing the authentic way. Anyway, that's my response to your argument.

Group size and participation

Steve Arntz:

If you guys ever want to, if you ever want to see notes on books that are comprehensive and helpful, you'll look at Speaker 5's notes. He's got some pretty intense notes on these audio books that he reads that if you were to read them, maybe you wouldn't even have to read the book because they're so great. I'm going to keep going, talk about group size. So, you know, in a corporate setting, in whatever setting we're having these book clubs, what's the right size for our group. So Davina did some research, eight to 12 is the sweet spot in the consumer area in this remote world that we're in, in the pandemic. Like we found that four to eight is sometimes even better, creates a lot of space for people to have discussions. And it's kind of hard to create the psychological safety and all the conditions needed for a really great vibrant discussion when you get too large.

Steve Arntz:

But I think that it's really about, can you create space for people to share? And there's a lot of interesting dynamics tools that you've, that we've learned, you know, the threaded discussions, like we've talked about that Speaker 4 mentioned you using the roundtable discussions. There's a lot of different ways that you can create that safety in that space for conversation. But the research that she has suggests that eight to 12 is where the highest engagement level occurs. Really quick notes on this. We like to use the phrase, include all the verts introverts extroverts, ambiverts. You've got, if you've been in a book club, you've noticed people who like to talk a lot, like to hear themselves. And then you've noticed people who are just really quiet.

Steve Arntz:

How can you create an inclusive, inclusive environment? The biggest killer of a book club is having an extrovert that's just way too far in terms of how much they want to share. And so if there's somebody who's just always wanting to share, everybody likes to check out and maybe not come back. And so she had done some research on the types of people that get kicked out of book clubs as well in these just kind of private social book clubs. And it's the extrovert that most often gets invited to leave. And so as a facilitator, you can manage those personalities. And then again, like with zoom and with Slack and with teams and all these tools that we have, we have ways to create inclusive environments where people can all be heard and all share regardless of personality. So these are some of the other things she researched.

Book diversity and facilitation

Steve Arntz:

If you want to look into the research, I won't read them all to you. There's a whole bunch of different that go into having a good and effective book club. These are the three that I've decided to focus on. So frequency in a corporate setting every other week seems to be the best from what we found in the private book club setting, it's monthly, usually monthly tends to get people to lose interest in a corporate setting. And weekly tends to get people to say, I'm too busy for that. And so there's this balance somewhere into every two to three weeks or so to be able to have those conversations book diversity is something I'm pretty passionate about at this point. I filled my, my Amazon cart with books about six months ago, and I got to checkout and I had eight books in my cart, and I looked through all of them.

Steve Arntz:

And for whatever reason realized that they were all white male authors. And I was a little bit frustrated with myself and I dumped the whole cart and I went back and found books by people of color and by women. And I think I filled the entire cart with that and said, I am going to, from this day, make sure when I buy books, half of them are from women, people of color and maybe half are from white male authors at, at worst. And I'm going to try to diversify my bookshelf. So I think that this is something we need to be very conscious of in our books in a corporate setting, but in life, generally, these are the perspectives we're challenging ourselves with. I love this book. I don't know why it came to mind, but Invisible Women.

Steve Arntz:

And it's a, it's a research backed book on data bias in a world. designed for men and reading through the, just the first chapter of it, it, it brought tears to my eyes, a thinking like just how much more I need to do to, to challenge my own perspectives and to bring more diverse perspectives into my bookshelf. It's a, it's a space. I control that. And so, you know, I can create a diverse space there. And so think about that as you're bringing books into the workplace especially in, in challenging your teams with these new perspectives and then facilitating makes a huge difference. What we found is that a really, truly great facilitator can create space and bring people into a room if you're not a truly great facilitator. The research even suggests that it might be better to like not try to facilitate, but to just maybe move people through activities and not try to speak and instruct and facilitate because you can actually do more damage as a bad facilitator.

Steve Arntz:

And so, you know, just kind of being self-aware, am I a truly great facilitator, or am I someone who just needs to bring people together around a topic, pose a few questions and be quiet, that can be better in, in many cases than trying to kind of control the room if you will. And then we did our own research. These are all the people we talked to. We've talked to three times as many companies at this point. And all of these companies we talked to about their corporate book clubs. So companies are doing this, it's a, it's a wide-scale mechanic, like a lot of reasons for that. Sometimes these in fact, the most common reason that surprised us was I'm doing this because I don't have a leadership opportunity in my organization. And so I needed to create one for myself. And so I needed to stand up and say, Hey, I'm having a book club who wants to join and then people join.

Steve Arntz:

And then I get to help create structure and meaning in this group and facilitate a discussion and they get to stand up and say, Hey, look, I can be a leader. And that was a really interesting thing. And so, you know, rather than having to have that happen organically, how can we create those opportunities for people, those leadership opportunities and help them to identify something that's a problem to solve, and then maybe organize a book club around that and lead those, those groups together is really meaningful and cool thing. So we basically just started with tell us about your book club. And we got a bunch of stickies, did our qualitative research, and then we organized the stickies and we found out, you know, why are you doing this? And like I said there's learning and development good for the work environment.

Steve Arntz:

And then there, the opportunity to lead improve my leadership skills. We found out why they fail. Maybe they chose the wrong book. We found out about scheduling. So people were meeting, you know, one meeting per book, monthly meeting, one book per quarter. We learned about facilitation tactics, pacing, group selection, book selection. And I'm not gonna spend too much time on all of this. People were using Slack and in tools like Teams and things to help keep the conversation going between sessions. A lot of the effectiveness comes from, you know, are we doing this for a reason or not? And so many of the book clubs were not purposeful other than, yeah, we just need something fun to do in a way to connect. If you can add another layer of purpose, you'll get the fun and connection because the mechanic is fun and it helps you to connect, but doing it with a purpose helps to to amplify magnify those benefits of fun and connection as well.

How to host a Book Club that doesn't suck 

Steve Arntz:

Plus people will stay engaged. The place where attendance was the greatest was when there was an engaged facilitator. And so the facilitator cared, followed up whether or not they were truly magnificent at creating space in a discussion was less important than whether they were engaged in caring about the thing happening and making sure everybody knew it was important. And so, you know, I did a webinar that was how to host a corporate book club that doesn't suck. And so this was the slide in that webinar. Okay. Just tell me how to run one that doesn't suck. And this is one that isn't great. You pick the latest best seller. So I just go to the New York times bestseller list, pick one in the top 10. That looks interesting to me, ask if everybody wants to read it with me, and then I invite everyone to join.

Steve Arntz:

I put bold on everyone because inviting everyone can be good. I think that in the, in the case where I said that the company is reading, I am Malala together. It's because it's a corporate value it's because they all need to get a perspective and an opinion on what it means to do good in the workplace. If, if that's not the purpose, then you might consider a different invite list. There's a book by Priya Parker called The Art of Gathering. That's fantastic. And, and she emphasizes the importance of who you don't include. And so there are powerful and meaningful book clubs where women get together to develop a perspective on how to be strong women in the workplace. And so maybe they exclude men from that book club and that's okay. But be purposeful about that invite list and think about who you want to join based on the purpose of the discussion that you're trying to have the most common question is what did you think about the book?

Steve Arntz:

And that's the quickest way to get off, off purpose and topic? You might have somebody who lands specifically on what that purpose was. And I would call that luck. It's better to ask a purposeful question that brings people into the room. One of my favorite examples of questions is when that Speaker 4 came up with, for our book club and we were reading the book How to Be an Antiracist after the, the events that occurred in the spring of last year. And the question that she asked the group was when was a time that you felt more than, or less than someone else. And can you share that? And we all thought for probably about five minutes and then shared those experiences about when we felt more than, or less than someone else. That is a much better question than what did you think about the book?

Steve Arntz:

It is on purpose, it's on message with the book. And it brings everybody together into a meaningful discussion that they're kind of United around as opposed to just a free for all around. What did you think? And then, you know, the fire dies in these cases. One that's great is when you declare double purpose. So we are reading how to be an anti-racist so that we can develop our own unique perspectives about the world that we live in, and we can bring that to our work and we can challenge ourselves to do and be better. That's a better purpose than well, we're just, we want to read together, you know, we want to connect with each other. Selecting a book together. We've talked about this already. I feel like you've gotten some insights on how to host meaningful discussions, capturing insights and taking action if the purpose aligns with that. So, you know, some, sometimes it is because we're trying to take action, trying to make change.

Steve Arntz:

We want to be more creative as a team was an example I used. Sometimes it's just because we want to connect. And so you might not want to take notes and take action in those cases. So here, just refresh your gathered with purpose, find or be a great host, owning the space, thinking about the technology and tools that you have available and how you can leverage them, how it can be better than in-person is always my challenge for people. And then include all of the personalities be inclusive in your efforts with these things. So before we jump into the questions on I'll, I'll just stop, pause, see if there's any other thoughts or questions before we talk about the two questions that were in the slides.

Speaker 4:

This is going back a while, but to your point about how this can be better, how it can be better virtually than in person. One of the things that I didn't really think about until just today is that we're all sitting in our own homes in our own already safe spaces which might influence it, could help people feel more comfortable speaking up. There's I noticed with one of, one of my colleagues that she, she considers herself a sort of a private person that doesn't share much. But she, she and I ended up talking about some really personal stuff over zoom that I don't think we would have talked about had we been in the same room physically? And so, so I think it's really interesting in book clubs, particularly in, when you're thinking about safe spaces that nobody is a guest in anyone else's space in this environment, they're already in their own, their own space.

Steve Arntz:

I think there's some powerful ways we can emphasize or amplify that a little bit as well. Everybody thinks I'm in this perfect space, right? It's a color-coded bookshelf, right? And I think that there's a barrier I can break down now and I'll do it right now by showing you the rest of my space. I'm tucked in the corner on a folding table that I got from Costco. That's really cheap and crappy so that I can project this perfect space to you because I own a company that is centered around books and connections. And so I need this backdrop, right. But where am I really well I'm in my basement. There's a TV over there. Books. There's some chairs. There's like a little mattress there that guests sleep on. Sometimes when they come, I've got this white board there, it's really just like this shower board that I bought from home Depot.

Steve Arntz:

And you can see my kids' drawings all over it. And then you can see my closet. That's overflowing with a mess. And I've got like this really crappy parking space here that we haven't replaced. And then here's my desk. This is my real desk. This is where I work a Snickers wrapper. Cause I didn't have time yesterday to eat a good lunch. And I've got this nice elevator desk, like this is a $700 desk. Why am I not sitting at that desk? Well, because I need you guys to think that I'm, you know, a credible CEO of a book space company. Right.

Speaker 6:

I almost feel like what you just showed us is the prop.

Stacia Garr:

Yeah.

Steve Arntz:

Yeah. It's awesome. Right. and so I think like what you mentioned, Speaker 4 is awesome and powerful. And I think when I've done, what I just did with other people it's, it's broken down barriers and created safety and like, yeah, this is my space. This is who I am. What's your status?

Stacia Garr:

Building on Speaker 4's point, one other thing that potentially is a benefit of this virtual environment is you don't have some of the, I think maybe the weird it's not necessarily weird, but the social dynamics that go along like, Oh, I'm going to the book club with Speaker 4, or I don't know anybody at this book club and who am I going to sit next to? And like, what that, what's that going to be? Right. You don't have to deal with kind of that. And I think that for some people particularly kind of, some of us we're introverted folks that can, that can be enough. That would keep me from going to a book club. I'd be like, yeah, I read it, but I don't need to go do that.

Steve Arntz:

I love that so much. And it's it begs questions for me about, do we ask people to turn on their cameras? Do we ask people to come off mute? What are the norms that we want to create there? And I am one who's like anxious when everybody's not on video. Right. And I've over time, gotten more comfortable with the fact that what you just mentioned, like it's safe now to come because I can, I can turn off my video. I can go on mute. I can just listen. Maybe I'm not feeling it today, but I do want, I do want to be there, but I don't want to have to participate today. I'm having a tough day, but I want to listen. Right. And so I think that we need to be careful with those norms and create the right safe space around that. And then, and then we get the benefits that you're talking about, but being able to show up, even if I'm not at my best today or whatever. And then there are, are ways to bring people in when you do need to, so you might say, Hey, we're going to go into breakout rooms and every is going to be in pairs. I would invite everybody to come off mute and turn on their video, at least for this moment. And then when we get back together in the large group, you know, mute it and turn it back off and we can be safe again, that sort of thing. So lots of things to think about in that regard.

Conclusion

Stacia Garr:

Yeah. Well, I know we are at time. Well you, you basically answered all the questions, so that's why I didn't push us to go to the questions. So so I think we, we took care of that. I want to first say thank you to everyone who came today. I think we, this was something that I didn't know much about and have learned a ton from Steve and I hope you did, as well. And then just want to be sure to say thank you so much to Steve for spending some time educating us all. I think we all have learned a lot. We've kind of talked about Dani and me if maybe if we want to start a RedThread book club, but Steve, your comments about like the purpose and why we would do it made me think, okay, well we need to spend a little more time on this and discuss it a bit more. So I think maybe I'll take that as an action item for our team in, see if that's something that we want to do. And then for those of you who are on the line, who are not with RedThread, we'll, we'll reach out and see if you want to want to join. And once we have a clear sense of our purpose, so it seems like that's step number one. Cool. Well, thank you everybody. And have a great rest of your day.

 

 


Microsoft Crashes the Employee Experience Party: Brings Together Glint, Workplace Analytics, and Others to Disrupt the Market

Posted on Thursday, February 4th, 2021 at 9:05 AM    

Last Friday, we suggested that February would provide us with another strong next segment of HR tech market watching (did you take that popcorn out of the microwave like we advised?!). And wow, do we have a good one on our hands!

Today Microsoft announced Viva, a single employee experience platform “designed to empower people and teams to be their best.”

This announcement fundamentally reshapes the employee experience and people analytics tech market.

 

Those of you who know us well know that we don’t throw that type of language around lightly — and thus had to write a long blog to share our thoughts (#Sorry #NotSorry).

We’re going to explain what this new product is, why it’s such a big deal to the employee experience and people analytics tech market, and the implications for Glint (the engagement solution Microsoft bought 2.5 years ago).

What is Microsoft Viva?

For those of you who have been following along, you know we've predicted Microsoft would enter the employee experience market for years, especially following its acquisition of GitHub, LinkedIn, Lynda.com (now LinkedIn Learning), and Glint. That day has finally come.

Built on top of Microsoft 365 and Teams, Viva offers four modules (see Figure 1), which combine existing Microsoft offerings into a single solution:

  • Connections – Creates a “digital campus” where all policy, benefits, communities, and other centralized resources are available. (Available this summer.)
  • Insights – Combines Microsoft Workplace Analytics, My Analytics, and Glint to provide employees with insights on how they work, and gives managers and leaders information about their teams, burnout risk, after-hours work, etc. (Available now.)
  • Topics – Leverages Project Cortex to identify knowledge and experts across the organization, generating topic cards, topic pages, and knowledge centers (including people – not just information) for others to access – a “Wikipedia of people and information” for the org. (Available now.)
  • Learning – Integrates LinkedIn Learning (formerly Lynda.com), Microsoft Learn, and other external sources (including LMSs or LXPs such as Cornerstone and Skillsoft) into a single location within Microsoft. (Available this summer.)

Figure 1: Summary of Microsoft Viva | Source: Glint, 2021.

For the newbies here, let’s clarify a few things: What is employee experience and how does tech support it?

Let’s take a step back here and provide a definition, as folks like to throw around the term “employee experience” like a magic eight ball (shake it and a different definition comes out each time!).

We define employee experience as:

Employees’ collective perceptions of their ongoing interactions with the organization1.

 

Within that definition, there are some nuances, which we illustrate in Figure 2. The main point is this: employee experience encompasses the entire experience – not just tech.

However, tech vendors – who have been largely responsible for popularizing the term – have only generally focused on a subset of employee experience:

  • Improving and measuring employees’ tech experiences
  • Measuring employees’ collective perceptions, primarily (though not solely) through surveys

Figure 2: Employee Experience Defined, with Tech Vendors’ Roles Called Out | Source: RedThread Research, 2021.

Until a few years ago, vendors tended to stay in one of those two boxes. However, we’re seeing more overlap than we used to, such as employee experience vendors moving more into employee engagement (e.g., Qualtrics or Medallia) or HCM vendors offering employee surveying solutions (such as what we talked about last week with the Workday / Peakon acquisition).

Despite all the great things about employee experience vendors, many of them face 3 important challenges:

  • Surveys are limited in scope. Surveys can only report on the specific items in the survey, only measure employees’ perceptions (vs. what actually happened), and can only be done with limited frequency (#surveyfatigue).
  • Experience data are incomplete. Even in vendors that extend beyond survey data, they are often still limited in terms of the data available: the data necessary to truly understand how employees work exists outside these vendors’ solutions.
  • Integration and analytics capabilities are limited. Many (though not all) of these solutions are not built to integrate varied data types at scale or to conduct deep analytics, limiting their ability to explain employee experience outside of the data they capture or integrate.

As a result of these challenges, many employee experience vendors partner with multi-source analysis platforms (e.g., Visier, Crunchr, OneModel, SplashBI, HCMI Solve and others in our people analytics tech tool), which specialize in data integration and deep analysis. Those tools’ core capabilities are integrating varied data sources and deriving meaningful insights from a lot of data. A prime example of this is the announced partnership between Visier and Medallia.

In sum, employee experience vendors, to date, have only covered part of employee experience – leaving open space for someone who can (at least claim to) do it all.

Why is Viva – and Viva Insights in particular – such a big deal?

Microsoft Viva has the potential to do three really important things:

  • Cover nearly all digital aspects of employee experience, unlike any other vendor on the market
  • Integrate expansive amounts of passive, continuous behavioral employee data with perception data (only for Glint / Microsoft / Workplace Analytics customers)
  • Seamlessly provide deep analytics and insights of these larger data sets via Glint and Microsoft Workplace Analytics

These three capabilities are why we think this announcement fundamentally reshapes BOTH the employee experience and the broader people analytics tech market.

 

Let’s start with the first two points about the breadth of employee experience and data types. Through its combination of offerings, Viva will have access to continuous, passive, behavioral data in the areas that most of the other employee experience and people analytics vendors do not:

  • Work Relationships: LinkedIn (who you know, inside and outside your company), Office 365 (also who you know, but combining that with email, calendars, Teams, Yammer, SharePoint interactions, etc.)
  • Work Environment: Office 365 — including SharePoint — products (where work is getting done), but also Connections (the central hub) and Topics (the “Wikipedia of the org”)
  • Org practices: Office 365 (how work is getting done and with whom), Topics (where and with whom information resides), LinkedIn Learning (what people are learning), and Glint’s performance development capabilities (360s, anytime feedback, development goals, and manager nudges)

Viva Insights will also be able to address the other areas existing experience vendors cover, such as improvement and analysis of highly repeatable experiences and employee engagement / experience surveys (Glint).

Finally, Viva Insights will provide an integrated, deep analytics platform with the combination of Glint, Workplace Analytics, and My Analytics (for employees). There will be no need for customers to marry two different vendors and hope they can sort out data integration challenges. Viva Insights should do all of this, seamlessly, and then integrate it into Teams and Office 365. It is important to note that all of the above is only possible if companies are customers of the relevant products (e.g., Glint and Workplace Analytics), but there are no additional integration costs.

With this offering, Viva has the potential to fill the gaps left in the employee experience market, and thus fundamentally change it.

What does this mean for Glint?

First, it is critical to note that Glint will continue to operate as a standalone offering, in addition to being integrated into Viva. The integration of Glint into Viva – and the inherent integration of Glint with Workplace Analytics that comes with it – means that Glint’s aperture of employee experience is much bigger, and moves beyond employee engagement (perception) data to include passive, continuous behavioral data. Glint, through these integrations, will be the only vendor that will be able to do this at such scale.

The primary benefit of this is leaders will be able to connect how people feel to how people work.

 

The specific types of questions they will be able to answer are things like:

  • What work patterns and habits correlate with specific employee perceptions?
  • How do those sentiments influence how people work and collaborate?

Practically speaking, that means leaders can tell if manager 1:1s, large team meetings, or growth in after-hours work is impacting employee engagement as well as other perceptions.

Given the recent (and critical) focus on mental health and wellbeing, this connection of data sources – and literally being able to see what people are doing and how it is affecting them – could be a game changer for many customers, and thus for Glint, as well. Customers will be able to access this analysis either within Workplace Analytics (Figure 3) or Glint (Figure 4).

Figure 3: Glint PowerBI Dashboard in Teams | Source: Glint, 2021.

 

Figure 4: Dashboard of Viva Insights in Glint | Source: Glint, 2021.

Glint is very likely to get a super-charge to their business as a result of this announcement.

There are numerous reasons for this:

  • Glint gets more looks. Existing Microsoft and Workplace Analytics customers looking for an employee engagement solution will be more likely to look at Glint due to the integration.
  • More actionable data. The integration with Viva and Workplace Analytics will give Glint customers the ability to access data that tells leaders which behaviors (as measured by all these passive data sources) are resulting in different outcomes, and as such those data will be highly actionable.
  • Data where people will use it. The integration of Glint data into so many other Microsoft products means customers won’t have to step out of the apps they use to access the data. It will be presented in the course of the normal workday, enhancing the likelihood of action and thus impact.

Also, looking forward, there are many future product offerings Glint could develop as a result of gaining access to this richer data set (e.g., organizational network analysis (ONA), targeted manager offerings based on more relevant, real-time data).

It all sounds so good. What could go wrong?

The sections above outline what could be. We all know that the reality can be harder.

First, much of the success of this product requires the different parts of Microsoft to collaborate with each other effectively. We all know that large companies don’t always do that. Further, much of this product involves successfully stitching together existing products and, again, that is often easier said than done, due to tech debt, tech limitations, and in some cases, egos.

Second, one of the big selling points here is that all the data actually integrates and everyone has access to what they need. Even though Microsoft is one company, it is highly unlikely that much of this data is on a similar architecture (especially when you factor in the number of acquisitions being pieced together here – oy vey!). I imagine that a lot of this data alignment work has been done, but we all know the devil is in the details when it comes to data integration. Further, a company has to be customers of all these various solutions in order to reap the benefits of data integration.

Finally – and this is the elephant in the room – there are issues of data privacy and ethics. All these data together – especially data coming from work productivity apps – presents some really thorny issues. We’ve been told that the following data privacy steps have been taken:

"Leaders and managers using Viva Insights in Glint—currently in pilot—can see only aggregated, de-identified results based on the confidentiality thresholds built into Glint. The Glint dashboard will never display Viva Insights information about an individual's work patterns."

While these are all real and meaningful steps to take, there will likely remain other questions, such as:

  • Will employees be told that these types of data will be collected and what will be done with them?
  • Will employees have the ability to opt out?
  • What are the ethical implications and unintended consequences of looking at all these data together? (Perhaps the most important question of them all.)

What does this mean for the broader employee experience, people analytics, and HR tech market?

There are a lot of broader market implications of this announcement, but we have space for just a few:

  • Passive / continuous data is now a must for employee experience vendors. Employee experience and engagement vendors that don’t have a way to access continuous data need to figure it out and FAST.
  • Multi-source analysis platforms may be the next area of acquisitions. Given the pressure this puts on seamlessly combining lots of data with platforms that can analyze it, we may see some of the multi-source analysis platforms be purchased by bigger HCM or employee experience providers.
  • Big money is here for real in the employee experience market. In case you needed more convincing after last week’s heady news of the $27 billion valuation of Qualtrics and the Workday acquisition of Peakon, this deal should reinforce one thing: BIG money is now here in employee experience and HR tech. And it is going to crash plenty of other parties.

As we all know, the proof will be in the pudding when it comes to how well this new offering serves customers. However, it has all the pieces to be truly transformational for our industry, and we expect it to drive some quick responses from competitors. The next segment of HR Tech watching should be another good one.

Until next time, stay well and safe — and please, don't forget the popcorn!


The Bottom Line of Purpose | Is Purpose Working Podcast Episode 8

Posted on Wednesday, February 3rd, 2021 at 12:11 AM    

Listen

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Guest

Deborah Quazzo, Managing Partner at GSV Ventures

DETAILS

Does Purpose help the bottom line? It’s a fair question, surely—maybe, ultimately, the best question we can really ask ourselves in business as the idea of a move away from purely shareholder capitalism to stakeholder capitalism takes off. Perhaps the ideal community to seek a hard-nosed answer here is the VC (venture capitalist) world, for whom the conditio sine qua non of an investment has to be that it will pay back, at multiples.

Focusing on all our now fast-interlocking conversations on our central question of ‘Is Purpose Working?’ is that today, we have the definitive answer: yes. In fact, it’s actually the companies that have Purpose that end up with strong cultures and stronger outcomes.

There’s a lot to take in to see why our guest, Deborah Quazzo, Managing Partner at GSV Ventures, an early stage venture capital fund investing in education and workforce technology entrepreneurs, is so convinced of that fact, but we hope we have intrigued you enough to listen in to see her logic and proof… but it’s also just such a pleasure to listen to the fusion of a deeply ethical mindset and razor-sharp thinking Deborah brings to her job.

Just one example among many: her rhetorical question about why she does what she does: Is it more fun to go call on a company making breakfast cereal, or on a company that’s really trying to change people’s lives meaningfully? Deborah and her team have been active for many years disrupting the $6 trillion education technology sector. Having helped amazing names like ClassDojo, Degreed, and RaiseMe, among many others, get out of the lab.

Equally important to her is her work on the annual ASU GSV Summit: now in its 12th year. The Summit celebrates innovations and innovators across the global “preK to Gray” learning and talent landscape and this COVID, virtual year attracted a staggering 33,000 online attendees. So tune in to hear how this predominantly Chicago-based Ed tech sector investment ninja has been putting ‘Purpose’ as one of the ‘5 Ps’ a startup has to have before she even looks at them.

Hear about VC money, Purpose, diversity and what a VC does, as well as:

  • How Deborah sees all parts of Education and the workplace training coming together
  • The emergence of knowledge as a ‘currency’
  • Why what GSV does is not the same as what an impact fund tries to do
  • 2019 Business Round Table statement… are we actually seeing enough action by companies?
  • How Learning is starting (at last?) to be seen as an important weapon by corporate leaders to improve overall outcomes
  • Her conviction that exponential growth in an Ed tech company will come not just through great technology, but through diverse teams
  • What inspired her to get into the Ed tech area

Resources

Webinar

This season will culminate in a live online gated experience (a webcast) where we'll review and debate what we've learned. Seats are limited. Secure your place today, over at www.novoed.com/purpose.

Partner

We're also thrilled to be partnering with Chris Pirie, CEO of Learning Futures Group and voice of the Learning Is the New Working podcast. Check them both out.

Season Sponsor

Global enterprises rely on its collaborative online learning platform to build high-value capabilities that result in real impact, with its customers working to deliver powerful, engaging learning that activates deep skill development, from leadership to design thinking and digital transformation, as well as driving measurable business outcomes.

TRANSCRIPT

Deborah Quazzo:
It's Deborah Quazzo, managing partner of GSV Ventures and co-founder of the ASU+GSV Summit. It's hard to remember what day it is these days, but it's October 14, 2020.

Dani Johnson:
Hi, I'm Dani Johnson and I'm here with Stacia Garr. We're the co-founders of Redthread Research, and we're collaborating with Chris Pirie on this purpose-focused season of ‘Learning Is the New Working.’ And today we have Deborah Quazzo with us. Deborah, thanks for your time. And for sharing your insights with us today.

Deborah Quazzo:
Thank you.

Dani Johnson:
We've had the opportunity to participate in your conference, your ASU+GSV conference for years. And this year, I know that the conference was virtual, but I heard you say that something like 27,000 people registered.

Deborah Quazzo:
We had a large registration, yes.

Dani Johnson:
It was great. I was thrilled to run a session on coaching, and Stacia and I both had the opportunity to listen to your Ladies Lunch session with Gloria Steinem as well, which we thought was amazing. And so you've introduced us to some really fabulous and interesting technologies over the year end, where we're thrilled to have the opportunity to chat with you today throughout the year.

Stacia Garr:
So, Deborah, we're going to start off with some quick questions to introduce you and your work practice to the folks who are listening. We're also going to be touching on your organization and career history. So just to kick us off what part of the world do you live in and work in and why?

Deborah Quazzo:
I live in Chicago most of the time. I don't think I've ever been here this long. I live on an airplane two or three days a week minimum, but I've been very much here with my husband and the cat, occasionally my children. And we also have a home in San Francisco, so we do go back and forth a little bit in normal times. But we moved here many decades ago. Downtown Chicago is a great place to raise children for someone who wants to be in an urban setting, which I did. And we did. And so our three kids all grew up here on Lake Michigan and went to school here and one of them moved back.

Stacia Garr:
Well, that's a success, right? To get one of them back?

Deborah Quazzo:
It is. Yeah.

Stacia Garr:
So then can you tell us, what's your current job title and how would you describe the work that you do?

Deborah Quazzo:
Yeah, I think that my current job titles are two things. It's a, the managing partner of GSP Ventures, which is our venture fund focused on education technology, primarily early-stage investments, although some portion of the funds later stage investments, and co-founder and sort of general manager of the ASU+GSV Summit that you all referenced a little bit earlier. We view them as part of a platform where we're singularly focused on the education technology sector globally. And we view the ASU+GSV Summit as a flywheel for our investment activity and vice versa. So we typically would have 5,500 people live in San Diego for the summit. As you pointed out, Dani, we had, ended up with 33,000-some registrations for the summit we've had. So the virtual move was really actually fascinating and fun. And we do view them as the two organizations is sort of inextricably linked although they’re separate teams and all that sort of stuff. But they do drive each other all around education innovation.

Stacia Garr:
And we have a lot of learning or HR professionals who may not have much exposure to kind of the venture capital and the investor world. Could you just kind of simply introduce what you all do and kind of how that then flows through to something they might see like a degreed product, for instance?

Deborah Quazzo:
So we look at the education space as a Pre-K to Gray arc of our continuum of learning and workforce skills. So we look for investment all across that spectrum. Obviously, there's only a part of that spectrum that's relevant for HR leaders or L&D leaders, et cetera. And that would be both higher-ed and adult learning, workforce learning, enterprise learning. We are investing in companies, in Seed and Series A companies, in all those sectors although we have plenty in the, and I say higher education and workforce, because I think as most everyone at this point who is in those important jobs realizes that there's a very much a coming together of the higher education and the workforce sector.

Deborah Quazzo:
These are continuums, they are not siloed on the historically. They've been very siloed, K-12 silo, higher ed silo, workforce siloed. I think it's a very positive development. The siloing is being, you know, very much broken down and, you know, one feeding into the other and vice versa in a lifelong, in a movement to lifelong learning which I think is also something that was not embraced for a long time and is very much been embraced today. So we're looking at, we're biased towards platforms. So Degreed, for example, in the enterprise space is a platform. They're content neutral. And they sit in the enterprise and they help companies and their employees look at, you know, make skills, assessment, personal skills assessments, and then direct them to personalize learning pathways that can enhance their career mobility actually at the end of the day. But it's an open-ended, you know, platform in the enterprise market around learning. We're also in Guild Education, which I think is a really important provider of this sort of creating this continuum between higher education and the workforce. They have an enterprise platform that is basically supporting enterprises and delivering higher education to their employees and in this case, frontline workers.

Dani Johnson:
Kind of along those lines, Deborah, I mentioned that you have introduced us to some really interesting technologies over the year. What are some of the broad trends you're seeing around learning technology and especially for the workplace that CLOs and talent leaders should be paying attention to?

Deborah Quazzo:
What are we're seeing? We're seeing all kinds of trends and I'd actually say this one trend, the continuum between formal education and the workplace, and that, you know, we actually view the workplace as sort of art today or fourth education system, and that you have early childhood or K-12, higher education, and work is now school and vice versa because of the need to upskill and reskill and address all these things. We're seeing other trends like we have a theme called ‘Hollywood Meets Harvard,’ which is just about driving better learning engagement. I mean, how do people improve learning experiences so that employees are more engaged and more likely to learn? We're staying at modernization. I think I've introduced you all to Athena, but that's in the compliance space around harassment issues.

Deborah Quazzo:
And it's a very, very modern delivery of learning. It's received incredible uptake by some really great companies. So I think they're very big trends around things like that. Knowledge as a currency is another theme we've had for a long time, which is really that you know, your sort of formal degree or whatever that you got out of our traditional system is no longer enough. You've got to have lots of other things that flow liquidly, whether it's certificates, whether it's badges, whether it's whatever, that people are going to need other learning credentials and to give them additional professional currency as they move forward. So we're seeing a lot of I think very fruitful trends.

Stacia Garr:
So a lot of what you shared in many ways could be seen as purpose-driven, you know, this focus on education Pre-K to Gray, et cetera. But does that part of how GSV Ventures operates? So do you all have an explicit purpose statement? And if so, what is it?

Deborah Quazzo:
Yeah, so we have a very formal, the way we look at comp– We've always had a framework for the way we looked at, look at companies, we call it the Five Ps, something we've used for over 20 years. And it's basically our framework for evaluating every investment that we make. So the first P is People. Obviously, there's no shortage of great ideas, but if you don't have the right people executing, you will fall flat. Product: the products obviously got to be differentiated and an important. Potential and Predictability. And then the fifth P is Purpose. So we are actually not an impact fund. I mean, we don't label ourselves as an impact fund, but we do believe very, very strongly that every investment we make has, if it doesn't have impact, it's not going to have financial return.

Deborah Quazzo:
So, and that's particularly relevant in the education market. And if you aren't addressing enough learners and then you aren't having the kind of impact that's going to really change things. So we do have a strong commitment. We also believe that companies with purpose have stronger cultures and are going to inherently have stronger outcomes. And so it is a very explicit commitment on our part. And certainly there are plenty of companies in the education technology space that basically, you know, address a very small part of the market and perhaps a very high-income part of the market. And lots of people will make very, have made and will make successful investments there, but that's not an area we pursue.

Stacia Garr:
And just again, for our listeners’ sake, would you mind just clarifying kind of the difference between an impact fund and how you characterize yourself?

Deborah Quazzo:
Impact funds are now a very formal and growing category of private capital, and they can address a whole host of areas. They could be green technology, they could be ag. food culture, they could be–but education is an area where there are a number of funds that are impact funds. They have stated returns that they have to deliver against impact that are provided by the funders of those funds. Sometimes impact funds have delayed longer, longer time horizons for returns and lower returns thresholds. The important thing for us is that we want to be a market-return-driven fund. So we want to be the most successful education technology company fund in the world, but certainly our objective or, you know, on behalf of the people who who've supported us and backed us through their LP investments. And we do believe that if there's an extenuated return profile or a term profile, that's longer than a market return profile, it's then perhaps the organization's not having the kind of impact we need it to have. So we want to be a market-return-driven fund. So we want to be, you know, comped against venture capital funds that are doing the same.

Stacia Garr:
And that's the reason I asked you to kind of clarify that is one of the themes we've had going through the podcast has been this question of organizations or in your case funds that are directly focused on purpose versus those that kind of incorporate purpose into all of the other things that they do. You know, more akin to the stakeholder capitalism model versus the shareholder capitalism model. So I think it's really interesting to kind of see that you're thinking about that in a similar way to what we've been talking about across all these different organizations that have been on the podcast.

Dani Johnson:
So Deborah, we know that a lot of your technology, I mean, almost all of your technology is education focused. You've also introduced us to a few that are more diversity and inclusion focused. We know that's very intentional. Talk to us a little bit about how your organizational purpose shows up in the work you do. And I'm thinking specifically, because I just participated in the ASU+GSV conference. It's always very aspirational. You work very hard to make it inclusive. So talk to us a little bit about that.

Deborah Quazzo:
Yeah. Yeah. Well, thank you. We have worked really hard really the whole, for the whole 11 years that we worked on the summit. So our mantra is that all people have equal access to the future through innovation, scaled innovation in education. We believe that equity and access are critical threads that have to run through that, or we're not going to get to, you know, we're not going to get to the end goal of all people having equal access to the future. So we leverage the ASU+GSV Summit to really talk about many of the, talk about lots of themes and we have artificial intelligence or whatever. But one of the really important threads is equity and access. So this year we had a full day dedicated to truth and reconciliation and a series of conversations, and actually two full—a day dedicated to it and the second day, it was one of the channels. And we had everyone from Isabel Wilkerson who just wrote the extraordinary book ‘Caste’ that Oprah is actually very focused on.

Deborah Quazzo:
And if you haven't read it, you ought to read it tomorrow. It's just such a one of the best books I've read in a long time, to Eddie Glaude, a Princeton professor just wrote a fantastic book called ‘Begin Again’ about James Baldwin to Michael Sorrell is the president of Paul Quinn, a HBCU has actually been ranked as the best HBCU three years in a row thanks to Michael's leadership that had fantastic talk. So we really are incredibly intentional. We want to make sure we will keep getting better, but we had 153 panels and every single panel had a woman or person of color on it. And that number of those panels had all women or all people of color. So those things are really important. It's really important that we're reflecting real life, and it's real important to the conversations that we're reflecting real life.

Deborah Quazzo:
And then we hold a host of other events. Like we gave two amazing men, Nate Davis and Carlos Moreno, the Innovator of Color Awards this year. They're both incredible people who've done a great work. One’s a CEO of a K-12 dot com public company, the other is the CEO of Big Picture Learning, which is a very extraordinarily progressive school, global school manager. And then we have a Power of Women awards. And so we really do work very hard to elevate issues of equity. We're also really fortunate in that the sector does attract entrepreneurs disproportionately in a positive way who are women and people of color. So we invite, you know, 400-ish companies, CEOs, or founders to present every year at the summit. Actually this year, we had a competition where people applied and got the position through a competition. And every year, a third of those companies are founded and/or led by women, a third to 40%, somewhere between 34 and 40% is where it kind of moves between. We'd love to get it to 50%, but we feel very good about the 34 to 40. And then about, about a quarter of the companies are founded and are led by people of color. So, you know, very proud of our sector that it's got that kind of diversity, that those numbers reflect in leadership, of innovation leadership.

Stacia Garr:
I want to move this on, Deborah, to talk a little bit about some of the changes that we've seen with regard to purpose, and I kind of alluded to this shareholder capitalism versus stakeholder capitalism. And when talk specifically about the Business Roundtable statement of purpose from last fall about delivering greater value for all stakeholders and the move away from shareholder primacy. So when we get your perspective on that statement, you know, either then, or in the year that's happened since then.

Deborah Quazzo:
You know, there's certainly recently been a lot of criticism of whether that was just–not enough actions followed on that recently I feel like. But I think, you know, it's interesting to me, I mean, I actually think it's not unlike what I said about, we're not an impact fund, but if we are, if every investment we make is not high impact, then we're going to fail financially. I actually think that, I mean, the way at least we were, we think that you should be able to address you, you have to be able to address all constituents in our organization to have, you know, to have successful financial outcomes for all the constituents in the organization, whether you're an employee or a shareholder.

Deborah Quazzo:
And we're fortunate to have companies in our portfolio that actually really support things like, you know, support elements of that, like Guild Education actually. Where companies like Wal-Mart and Disney and Chipotle and Waste Management and others are really making massive commitments to educate their frontline workers who either, you know, have from everything from a high school equivalency certificate up through full college degrees and then through certificates and skills related to skill accretion. So I think elevating learning within a corporate setting is a really important piece of this because it's such a fundamental way that companies can show their commitment to their employee stakeholders, but it's also going to have benefit for their shareholders stakeholders and their, you know, all the way around.

Deborah Quazzo:
So I think there is a path here where you can elevate financial outcomes through doing the right thing for all of your stakeholders, and, you know, it's just delightful to be able to sit in the seat that we all sit in where we can watch learning be applied as sort of a weapon in a positive way by corporate leaders to get at those objectives. It's an important weapon and we're seeing for the first time, and we can see it in right now, we have exposure to a lot of corporate learning companies, and we're in a recession, depression, whatever you want to call it.

Deborah Quazzo:
And typically, corporate learning companies would see massive degradation in their revenues during down economic downswings because it's the first thing that companies cut. We're not seeing that. Obviously, if you're laying off half your workforce, you're just not going to have as many people in seats to take learning, to you know, to consume learning. But learning as a furlough benefit has come into play for the first time ever during this pandemic. People are working on learning as a layoff benefit. We'll see where we get there, that will probably require some other, you know, additional structuring like government help and things like that. But I think it is, really it makes me feel optimistic that as opposed to being the thing, you know, the thing that was dispensable, you know, easy to dispense with first, when you had to cut things, it's actually being now viewed as, at least by many companies, increasing numbers of companies, as a weapon to improve overall outcomes.

Stacia Garr:
And can you explain a little bit more what you mean by learning as a furlough benefit? What does that look like?

Deborah Quazzo:
So, through tuition reimbursement, tuition benefit plans that support, you know, that provide tax advantage support for delivering learning to your employees. Those have been, you know, actually Guild sort of led the way in creating a similar, you know, because furloughed employees are still, technically employees are on furlough, but companies like Disney when they went, you know, because they had to furlough such a massive chunk of their company, actually elevated their learning benefits to those furloughed employees. I mean, they elevated the visibility of them and they encouraged their use. So it's extending the concept of learning through tuition reimbursement, tuition benefit plans into the furlough cycle.

Stacia Garr:
Yeah. With the idea being that they can take advantage of this time, where they're not working to learn and to develop.

Deborah Quazzo:
Precisely. Yeah.

Stacia Garr:
I want to kind of zoom in a little bit on this more specifically for you as an investor. So as I understand it, when we're talking about stakeholder capitalism, it means, you know, we're not putting the shareholder first we're at least equally considering employees, customers, suppliers, partners, even society at large. Has that influenced you when you've thought about investing in companies that are kind of explicitly stakeholder capitalism companies because it, it might mean that other people get kind of benefits before you as a shareholder in the company?

Deborah Quazzo:
We're typically investing very early, right? So we're investing in startups. And so that probably makes a difference because we just, you know, we don't, number one, they're not making money for the most part, they're losing a lot of money. And I do, you know, one thing that we do believe passionately in—startups give you an interesting case. We had this in our recent investment where, you know, someone was, you know, the team, the founding team, it was white men. And we raised, and other investors that came along with us, raised the need to address issues of diversity now. And that is hard when you're starting. If it's not obvious or easy and because your team isn't it, it's hard to add one more thing to early-stage startup menu, but you have to.

Deborah Quazzo:
Because if you don't start early, it's very hard to recover later. So we had a really good conversation about it, and the company went out and took immediate action, which was great. When you're dealing with early-stage companies, it's really about how are they building their culture to address issues of equity and access out of the gate because that will make a very different company down the road. So it's hard. The Business Roundtable obviously is big companies, so they're thinking differently than our business, you know, they can think differently than our businesses do. So what we're trying to do is help companies think about exponential growth. What we strongly support is the idea that exponential growth can be best accomplished with, you know, through not only a great idea and a great technology and everything else, but it can be best accomplished through diverse teams and being very intentional about our support of that and in our monitoring of that, frankly. So I think that's kind of how we as early stage investors have to think about it and act on it. And we're pretty active. I mean, we're active in the whole area of female VCs getting funded, female startups and people of color startups, founders getting funded. All of those groups are still underfunded. The category I sit in is a woman, a female, we're a female-owned firm and a majority female-run investment or equal 50-50 equal investment committee, female male. So we're pretty passionate around these topics and carry that over into our portfolio company, construction and management.

Dani Johnson:
We love that, Deborah, about you and the organizations you pick. I'm kind of curious about, I mean, we talked to a lot of startups as well, and we have noticed that they skew white and they skew male. There is about how much of a luxury purpose is when you're doing a startup. And I know you might be a little skewed because you look for those that are actually going after purpose as well, but sort of, as you look at the broad landscape of things, is purpose something that most entrepreneurs are considering?

Deborah Quazzo:
From where we sit, you know, I've picked an area where purpose is so important, right? And so I'm a bad person to ask because we're operating in places where entrepreneurs are generally trying to change the world and have big impacts. They’re certainly trying drive financial returns, high financial returns, but they're, but they really are trying to have massive impact at scale on learners, across this Pre-K to Gray spectrum. And certainly there are entities I referred to before that within the education technology sector, they're not going to have purpose. That's just not where we operate and it is hard for me. A long time ago as a general investment banker at Merrill Lynch, it would be hard for me to get out of bed every morning if I didn't align with founders who really had, you know, had purpose at their core.

Dani Johnson:
Do you have a sense for purpose-driven organizations versus maybe the rest, as far as success goes?

Deborah Quazzo:
We believe that and we believe this has become more relevant this year. It's become more relevant over the last few years, you know, it's generationally more relevant that purpose-driven organizations are and should have higher performance. And because it's just going to mean that you've got a better culture, you've got people who are more committed in your culture. They're going to work harder. They're going to, you know, I mean, we see, we actually see it in recruiting our companies can often you know, ed tech is hot these days. It took a long time to get here, but it's, hot, and people on top of being hot, people really do love it. And by the way, one of the reasons it got hot is because you had great founders coming out of other sectors. Having had success at Google or wherever, and starting companies and wanting to start companies in an area they really cared about because they had kids or because you know, something. So we do believe purpose is going to drive higher, better outcomes for a whole host of reasons. And I think it's very much, you know, generational change that's happening. It’s very actively happening.

Stacia Garr:
You mentioned purpose in particular, around attracting people to this space, the ed tech space, but then also in terms of attracting talent, do you have any other perspectives on kind of the role of purpose, particularly within a startup where everybody is so small, everyone's working so hard, the role of purpose in enabling, developing, retaining talent and how important that is in those startups where you think purpose is very clear versus maybe those words a little less clear.

Deborah Quazzo:
I think, you know, startups are really hard, right? They're really stressful situations. And even if it's great, it's stressful. I mean, even if nothing goes wrong, which is almost never the case. It's impossible not to have something go wrong, and in some cases, something go really wrong. And I think that, I mean, I can give you two situations I certainly can't talk about, but in our own portfolios where, you know, at the end of the day they weren't purpose-driven and when things went wrong, they really unwound or they weren't serving enough. So I do think that in a highly stressful environment, and you can look at outside of ed tech and look at, you know, like Airbnb and I have so much respect for Brian Chesky and I don't know him, but I certainly have watched. But that is a company with purpose. He's been able to instill purpose in something you wouldn't naturally think about as having purpose. Education's a little easier to think about as naturally having purpose, but I do think in a world of high stress the fact that you've got purpose and you've got a real feel, you're in an environment with purpose, you feel like you're doing something that's moving the ball forward for mankind, yourself and mankind, it just makes that stress so much more manageable.

Stacia Garr:
And what about the flip side of that? So are there any unique challenges you've seen in startups as they're trying to scale up if purpose is a big deal for them?

Deborah Quazzo:
Companies shouldn't be confused about whether they’re a philanthropy or a company. And I think sometimes companies in education get confused about that. And they ended up not doing, not having enough market mechanisms in the back of their cover—sorry, commercial instincts, probably a better term—not having the adequate commercial discipline and building out the business. And I had a call today with a wonderful, lovely set of really smart human beings. But if you want to build a philanthropy, build a philanthropy, but if you want to build a company, it's got to have, you know, the undergirding of, you know, a real commercial viability. It has to be viable. It has to be sustainable, has to be viable. And I think sometimes people get mixed up. Purpose has to be about viability at the end of the day. And it has to support viability, I guess, is the better term. So yeah, I do. We certainly do see that that problem in the education technology sector.

Dani Johnson:
We want to move to our favorite topic, 2020.

Deborah Quazzo:
When is it over?

Dani Johnson:
It's a good question. COVID happened obviously. A lot of social inequality happened. We're just really interested in how those events have affected your operations and how you guys work.

Deborah Quazzo:
COVID was the tragedy that it is, and it was, and will be, what it's done in terms of learning loss for low-income kids is something we won't know for, you know, probably—it will affect us for years to come unless we can find aggressive ways, accelerated ways to address it. I think actually digital learning will be one of the ways you'll have to be used to address it because you're going to be doing more learning than just in the physical setting. I think that we pivoted, you know, we took our event virtual. We did a whole series of events. We were able to take the conversation. We have great partnership with the Gates Foundation that we've had for a long time and Henry Hipps there. And Henry has been such an inspiration and mentor for me around making sure we're having lots of dialogue around equity and racial equity and everything else. And so we had a series of conversations in the spring. The first one actually moderated by Henry and with four leaders of the black community across the education spectrum and who called themselves the elders, even though one of them is younger than I am, but it was an incredible conversation. In fact, Harvard Business School is going to teach a case study using that panel discussion as the read in, and then have Henry come in and participate in the Zoom class this fall, which we're very proud of.

Deborah Quazzo:
And then we had two more conversation, one with white leaders moderated by Carlos Watson. And then we had one with younger leaders from the education sector who've been extremely involved in the Black Lives Matter movement, which was fantastic conversation, really hard, but really incredible conversation. All of them were hard. So I think that what we've tried to do, what 2020 did to us like, took something that we always cared about and tried to push for. We've tried to make it more real. We tried to make it more central, we tried to make the dialogue, we tried to have it be actionable. So that's been good. I mean, really good is discouraging as the things that have happened this year have been. And yeah those are the changes. Those are the big changes of one just to move virtual. You know, the other is just that our companies for the most part are exploding in a good way. And so the silver lining for us of COVID is that, you know, digital learning has become front and center. It's important. It's what people are talking about all over the world across the Pre-K to Gray spectrum and that has made us pretty busy.

Dani Johnson:
I love your mission. I love the fact that you're, you're trying to make the future equal for everyone, equal access to the future, I think is how you said it. Earlier on, you mentioned the two areas where you work that probably have the most impact on organizational learning and development is probably just stuff you do for organizational learning and development, as well as college. So secondary education. The more, the more I look at this problem, and this is sort of an aside, Debrorah, but the more I look at this problem, I mean, it's broken from Headstart programs. It's broken from preschool on up, and I'm just wondering, you know, how can organizations, do you have any ideas for how organizations can help solve this massive problem? That's going to take 20, at least 20 years to work its way through the system?

Deborah Quazzo:
Well, I think that organization—I am encouraged by, you know, the silos breaking down, right? I think that the fact that many universities who really used to repel the involvement of corporate, of the employers are now embracing employers. So we have so many great online, whether it's Western Governors or Southern New Hampshire or Arizona State or Purdue, we have so many great universities with their online programs that are serving working adults, right? And they're working directly with employers to understand and embed in curriculum what those working adults need in order to have equal access to the future. So, very encouraged by that. I’m also encouraged by, you know, even reaching down into high school where we're beginning to see, and we actually had a lot of this program at the ASU+GSV Summit this year, where we're seeing a lot of companies, I mean, places like Microsoft have been doing this for a long time with their P-TECH high schools model, but really seeing an active engagement by employers in the educational systems. Because, you know, again, if learning isn't relevant, I mean, particularly for low-income kids, if there's, I mean, you know, the abysmal results we've shown, part of is just like we've failed to prove that it's relevant to be sitting in a class or now on Zoom or whatever, to the future. And so we've got to create relevance, and I think the engagement of employers and internships and things that make it tactile are really encouraging and exciting. So I think that the more that employers get involved with higher education, with K-12 education so that we've got these, that these are a continuum as opposed to silos, I think the better. And I think, you know, bringing younger people, high schoolers, et cetera, into the realization of what work looks like and the understanding that learning is lifelong, and you can learn new things and you're going to have to learn new things for the rest of your life.

Deborah Quazzo:
It's just no more taking your degree or your high school diploma or your four-year degree or your two-year degree and filling up your gas tank, and as my partner, Michael Mel will say, you know, driving off into the future, that that's all she wrote, right? I mean that ain't gonna happen anymore. So I think the more that we can help instill that earlier and make learning fun, make it engaging and fun and real. I think that's what businesses can do. I think it's actually been—COVID interesting because employers have been sitting at home with their children. I mean, employers and employees are now very actively part of the K-12 learning process, you know, good or bad. And so I think you're going to have a lot of parents who are also employers and employees coming out of this with new views on what they should be doing. So I'm hopeful for a level of sort of employee and employer activism inspired by what they saw at home.

Stacia Garr:
I think that's an inspiring and optimistic take on what's happening. And I, and I absolutely hope you're right, Deborah.

Chris Pirie:
This is having a terrible effect on, or appears to be having a terrible effect on women in particular. There was a report out from McKinsey, I think last week that said, you know, there's been an astonishing sort of knock back of progress we've made around women in the workforce. It's pretty, that's pretty sad, but any silver linings we can find out of this year is good. Sorry, sorry to butt in!

Deborah Quazzo:
No, no, I agree. Hopefully that will even itself back out. It does prove that women do all the work, which we've always known. But I do think once it gets back to—I do have a husband who actually does half the work, but it depends how you define work—but it will be interesting to see what parents, I mean, we're already seeing, and we just invested in a company called ClassEDU founded by Michael Chasen, who was the co-founder of Blackboard and longtime CEO of Blackboard. He was at home watching his kids do Zoom, realized that Zoom is not a teaching and learning platform. So he's building on the Zoom SDK that the product that is going to, to make Zooming a teaching and learning platform, not just for K-12, but actually for higher education, actually probably has great application in the enterprise. And he will get there and it's been fascinating, the attention that's gotten. Everyone he’s showed it to has been like, the product is just rolling into beta, but everyone who has seen it is wanting to buy it. So I think you are going to see some creativity come out of this. That is good. And some innovation that will be very good for the future.

Chris Pirie:
I can hold my tongue no longer. Sorry, Deborah, who would you talk to if you were doing a series of conversations on this topic of purpose and its relationship to talent and learning? Are there any startups that you, that are doing this really well?

Speaker 2:
Yeah, I think there's a startup called Remind in the K-12 market that we invested in our first fund. The CEO there came in, he was not a founder. He came in really to turn around the business, which he's done really nicely, Brian Gray and Brian's very experienced. He ran Bleacher Report, was a early Yahoo! Executive, really talented technology and tech-talented CEO. His statistics on what they've done, he and his head of talent to turn that company from a company that was not adequately diverse. It's a decent employee for a startup. It's a decent employee size. I mean, his numbers are just jaw-dropping in terms of what he's been able to do to create a workforce at Remind that reflects racial and sexual equity. He's great at it because it is hard to come in and do that, you know, when the car's already running down the highway. Yeah. It's changing all the tires, but he's been great.

Deborah Quazzo:
I think Rachel Carlson at Guild is another great example. Obviously female CEO, female chief, her head of engineering is of woman. I think it helps when you're a female leader. I think you attract great woman probably more easily, but they've had incredible intentionality and building out, and this is a company that has grown extraordinarily quickly for an enterprise SAS business. And that has seen incredible growth over just four and a half years. And they've done that with an incredible commitment to equity and access. I think she would be great to talk to.

Stacia Garr:
Great. Well, I know where getting close on time. So Debra, I have two personal questions for you, one that we didn't share before. So you mentioned several times within GSV, you know, that you have a 50-50 representation on the on the board and a number of other statistics, but yet obviously, as you also mentioned, the percentage of female venture capitalists is very small. So I'd love to hear a little bit about kind of how you think your approach and the perspective you've brought has influenced GSV and also what you might hope to see more broadly in the VC industry.

Deborah Quazzo:
Yeah, I think that what would I like to see more broadly? I think that I do believe in the power of diversity. We actually, as a firm, while we've done incredibly well with racial diversity, we've not—sorry with sexual diversity—we have not done as well with racial diversity. That's something we've got to reverse. But I think so it's really important to be also transparent about what you've done well, what you've not done well. I think that there is, and I've been on enough boards and things that are both diverse and not diverse. And I think the quality, and I think it's just indisputable. The quality of your decision-making is better when you've got, you know, when you've got, you know, voices represented around the table that are different. Hopefully that's kind of what we've brought to the table. I think it is still a struggle to, you know, doing things like—it's still hard to raise money. We've done fine, but you know, we have a very, really nicely high-performing portfolio. It should be, you think it would get easier. It doesn't get easier. It's just human nature. It's just easier to fund or whatever people who look like you. And I think there's been a lot of lip service to this topic, to the topic of, of putting support behind female VCs and also putting support behind female founders. But I don't think the lip service has translated into reality.

Deborah Quazzo:
And I think you find that a lot of women female VCs would agree with that. There are a lot of great initiatives going on. A group called All Raise has gotten out there, you know, very visibly to support equity women and people of color in, in fund management and in venture and in funding ventures. So I think there's really good energy around it. And I don't know how long it's going to take to translate. It's hard to, if you're a limited partner, it's hard to go away from the traditional models that are successful to put, to allocate resources into new, newer, and perhaps untested people just, you know, who are, who happen to be diverse. So that's a challenge. And hopefully that challenge changes or evolves over the next, you know, afraid it's going to take 10 year. But if you look at it, for example, university endowments, you know, they don't disclose it. A number of them have done studies, including my own alma mater and, you know, their female representation and their managers—and those are not just venture, you know, all kinds of fund money managers—is like, you know, low single digits. Wow. I think pressure needs to be placed on organizations like that who are there to serve diverse students. Therefore, that should be reflected all the way through their organization.

Stacia Garr:
Yeah. Well, my final question, and this is a related, in some ways, I think, is what inspired you to do the work you do? So was there a person, an incident, an observation that inspired you to do this type of work?

Deborah Quazzo:
Yeah, I mean, that's a great question. I got involved, my porter in Silicon Valley, Michael Moe had written a bunch of research starting really in the mid 1990s before we worked together really identifying this education sector. So I really, I totally credit him with getting me hooked on why this would be a great area to work in professionally. And then I went from there into also doing my sort of philanthropic energy also goes here, goes into education. And it was a commitment. He had a commitment very early on that it was in this massive chunk of GDP, highly fragmented, incredibly dysfunctional, very little technology in a week management teams, and yet a really critically important problem coming back to the issue of giving all people equal access to the future. I give him, you know, incredible kudos for identifying what ultimately took longer than we would have liked, but clearly identifying why this sector should be a sector and why it should be successful and why that was important to the world that it was successful. So I think Michael inspired me there. I grew up in a family with two incredible parents who were incredibly committed in their own personal work and philanthropy to educational advancement for everybody. And so that helped, that was a lot. And then I just loved it. I mean, you know, is it more fun to go call on a company that makes breakfast cereal or is it more fun to go, you know, call on a company that's really trying to change people's lives meaningfully? And I don't mean to demean what anyone does, but it was just, in the roles that I was in as an investment banker and then ultimately an investor, it was just a lot more fun and inspiring to get out of bed. And yeah, so that's kinda how I ended up there.

Stacia Garr:
Great. Thank you. Well, if people want to learn more about you and your work how can they connect with you?

Deborah Quazzo:
You can go to the ASU+GSV Summit website if you want to watch any of the videos from our amazing summit that occurred that last two weeks, that's incredible and it's free, so you can go on and it's also pulling into—anyway, they're incredible talks. Jon Meacham on John Lewis, on his new book on John Lewis is to die for, for example. And you can get me through, I'm just [email protected] and, you know, I'm on LinkedIn and all that sort of stuff, but I'm happy to connect with anybody. We you know, we care a lot about the workforce space and its importance to the future.

Dani Johnson:
Thank you so much, Debra, thank you for your insights. It's provided a really unique point of view and we really, really appreciate it.

Deborah Quazzo:
Awesome. Thank you, guys. Talk to you later. Bye.


Skills & Competencies: 2 Sides of the Same Coin

Posted on Tuesday, February 2nd, 2021 at 3:00 AM    

COVID-19, a social justice movement, and multiple natural disasters have created a business imperative for orgs to pivot quickly and continually. Central to this conversation are 2 questions:

  • What can our workforce do now?
  • What will our employees need to be able to do in the future?

Two of the most common frameworks used to answer these questions are skills and competencies. There has been much consternation and debate in many HR orgs about whether and how to make skills and competencies work together—or whether to choose one over the other.

Rather than focus on differences, however, forward-thinking orgs are finding ways to leverage both skills and competencies to address some of their most pressing people challenges.

This infographic summarizes our report on this topic, Skills & Competencies: What's the Deal?

Click on the image below to get the full infographic. As always, we would love your feedback, which you can provide in the comments section below the infographic.


RedThread Research is an active HRCI provider