Abstract
Skills gap between company needs and competencies occupied by the workforce can be the source of inefficiencies. The purpose of this research is to develop a blockchain-based human resource (HR) framework to match the needs from the company and workforce competencies This framework will help Corporate Training Centre to standardized the competencies which then used by HR Department to develop the training material. In order to get valid information regarding skills that are needed from the company, we develop a prototype based on Blockchain. Hence, blockchain-based HRM is built to improve the quality of workforce competency in an organization. The current organizations are struggling to fulfil the needs of the workforce in accordance with industry quality standards. Therefore, this will help all parties to create a consensus between the needs of the industry with the labour market. Corporate Training Centre through the competent institution will be the mediator or intermediary to unite the information from companies, training institutions, and Professional Certification Institutions. As a result, in the long term, the needs of the workforce with the qualification required by the company in such industries will always fit the current situation. Blockchain helps to process the information and data needed by each party so that the connection between parties will be assisted efficiently and effectively.
Highlights
The fourth industrial revolution (IR 4.0) aims to disrupt the business models in various sectors, such as manufacturing, mining, fashion and so forth, with the use of digital technologies
A big issue in facing the adoption of Industry 4.0, across a number of countries and sectors, is the lack of appropriate skills in the workforce.[2,3]. This lack of appropriate skills is coming from many causes, for example, there is no coordination between training department, lack of supervision from Corporate Training Centre and lack of communication between industry players and their networks
In order to solve this problem, we propose the use of blockchain in Human Resource Management activities, especially to solve skills gap
Summary
The fourth industrial revolution (IR 4.0) aims to disrupt the business models in various sectors, such as manufacturing, mining, fashion and so forth, with the use of digital technologies. (b) There is no or little consultation from training provider to relevant industry stakeholder about training curriculum In this situation, the information comes from industry might have not been validated or agreed by industry association, and there is no consensus on the competencies required. Based on the two major gaps above, the two main questions in this study are: First, how digital technology 4.0 provides solutions about the mismatch between the curriculum being provided and industry or company requirements? In order to overcome the problems, we propose a Blockchain-based solution for the mitigating skills and competencies gap in workforce This solution will help all parties to determine and agreed what skills needed by industry. The rest of the paper is organized as follows: In the second section we discuss the existing relevant literature; in the third section we outline our proposed methodology for Blockchaindriven consensus of competencies and skills for the Industry 4.0 economy; in the fourth section we outline the working of our software prototype and validation; in the fifth section we conclude our paper
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