A few times a week I get messages from Linkedin that So-And-So has "endorsed" me for a particular skill. While this is nice to get (and thank you to those who have taken the time to do so), I'm not sure how valuable they actually are.
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Today I was endorsed for "Event Management" - I was quite surprised by this. I have never managed an event in the sense that this is intended. I am also endorsed by people whom I barely know, and who certainly would have no knowledge as to how skilled I am in the likes of "HTML" (I have 25 endorsements for this, even though I rarely use it). I have been "endorsed" several times for "Research" even though it is about 10 years since my last peer-reviewed research publication. This makes such endorsements have reduced value for me, however well-meaning the person doing the endorsing is.
I know that Linkedin pops up suggestions for members to endorse others, and my guess is that many folks just click a few options to get them out of the way. If a ranking was introduced, then it would be more beneficial - but I suppose this is open to a lot more difficulty. An old Competency Management rating that I sometimes use: "Beginner", "Intermediate", "Advanced", "Expert", and "Guru", might possibly be more valuable - but you need to know your stuff before judging others. I'll continue to be skeptical about Linkedin endorsements until they come up with a better, more meaningful system.