Upskilling and reskilling the workforce for an uncertain future !!!

Upskilling and reskilling programs will help you attract, retain and develop the right people for your #organizations needs. The right #talent is hard to find, but it is also hard to #recruit.

The World Economic Forum predicts that 50% of #employees will need reskilling by 2025. McKinsey research found that 87% of executives felt there were gaps in their workforce skills. Increased #automation and changes to working practices mean organizations need to know where skills are and reskill people where appropriate.

Identify the #skills that your #recovery model depends on

Build the skills critical to your new #business #model

Create tailored #learning journeys to close critical skills gaps

Become more ‘agile’ and take on a #small company #mentality

Test new #approaches and #iterate

Protect your #learning #budget

Perry Timms, an organizational #development consultant, advocates 'disassembling' jobs. He says this means taking a step back to consider how the goals of the business might have changed. Supporting people to broaden and deepen #skills that will allow them to 'cross-cut' across roles is crucial.

Upskilling and reskilling people into #growing #industries is crucial to combat ongoing workforce displacement. Take retail banks: as branches closed during the #pandemic, #employees needed to build their #empathy skills. 70% of #HR teams asked or required employees to upskill or reskill to meet #changing business needs.

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