003 - Talent Value Stream for Construction (Intro)
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Turn the construction talent shortage into your competitive advantage. The shortage of critical leadership and craft talent in the construction industry will continue to worsen through 2030. Master your Talent Value Stream (TVS) and ensure your growth will never be constrained by talent. 2 hours of examples including 25+ additional resources (tools, books, training, and articles) to keep your career and company growing.
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Capability
A team or company’s combination of skills, competencies, knowledge, processes, tools, and behaviors that allows them to Carry Out particular activities or achieve certain goals. Capabilities create the outcomes that customers are paying for.
Capacity
How Much of something (capability) a person, team, or company handle. Consider this in ranges of comfortable (sustainable) and peak (sprints).
Certification
The Verified Ability to do something (skill) to meet a certain level of performance (standard / competency).
Competency
The ability to do something (skill) at a certain level of performance (standard). A Skill Performed to Standard.
Development (Talent)
Longer-term refinement of someone’s current capabilities Towards Mastery while preparing them for future roles and the ideal Career Path for them.
Skill
The Ability to do something. Sometimes combined with performing to a certain level (standard / competency) and possibly the verification of that performance (certification).
Training
The process of Increasing the knowledge and skills of someone, typically shorter-term and in the context of being able to perform in their current role at a competency level that meets standards.