Frontline Talent of the Future Initiative 2024
Page 17 of 18 · WEF_Frontline_Talent_of_the_Future_Initiative_2024.pdf
17Impact Change story Talent innovations
To meet global market demands, the plant needed to
strengthen its workforce with advanced technical
skills and create an ecosystem for nurturing and
retaining talent. The plant’s remote location made
recruiting for key roles challenging, so the focus shifted
to upskilling and reskilling the internal workforce:
Internal talent was nurtured through the Open
Talent Market (OTM) platform, enhancing
technical and functional skills
Talent retention was prioritized through career
enhancement, rewards strategies, and
engagement initiatives like local festivals, team
events, well -being programs, onsite daycare, and
recreational activities
The Competency Management Execution Tool
(CoMET ) platform was leveraged to build
necessary talent capabilities.
The workforce was prepared for the future by
focusing on digital and technological skills.
The CoMET BeGreen initiative ensured certified
experts in key technologies at every plant.
Direct Labor Productivity: Labor hours spent on
production were compared year -over-year.Competency Management Execution Tool, a
digital platform that assesses, develops, and
tracks job -specific technical competencies
Operators to Associates, the scientific
assessment center identifies potential for white -
collar talent development
Open Talent Market and mentoring portal (AI -
Powered Platform) that connects employees to
global positions and mentorship
Electrifier Program supports global
SME/Technical careers through rigorous
assessment and certification
Digital Employee Engagement in continuous
improvement through the Idea & I See I Do
Scheme , which enables operators and
associates to participate in the suggestion
scheme, fosters a continuous Improvement
culture using Digitized Idea and SIM Systems
(DISS)Participant Stories
Schneider Electric boosts global market readiness
through internal upskilling and talent retention initiatives
41% increase
in digital
competency
+11% OEE
improvement
8%
decrease in
attrition rate
6%
improvement in
engagement
Ask AI what this page says about a topic: