The business landscape has undergone some major changes recently. One significant change making waves is the increased focus on upskilling. Brought about by the spread of automation and digital transformation, the current workforce is faced with the challenge of keeping pace with such technological advancements — or being left behind.
What’s the cause of this rise in upskilling? At its core, upskilling has become essential for professionals across industries for one reason: to stay current. Otherwise, skill gaps are created that can compromise a person’s position and the company’s success. Upskilling — whether undertaken by an individual or provided by an employer — is a means to fill these gaps.
More often, organizations are investing in training opportunities to help employees advance in their current positions. They’ve found that by doing so, the employee and employer benefit, as more skill can lead to reduced turnover, increased productivity, and improved satisfaction. Although upskilling boils down to learning new skills, it also involves modernizing management styles and generating a cultural shift within a company.
Going forward in this constantly changing world, adaptability and continual improvement will be required for those with career aspirations and those in charge.
For more information and upskilling tips for managers and employees, please see the accompanying resource.
This infographic was created by Michael Page, an employment agency for job site superintendent positions
AUTHOR BIO: Nicole Marie is Senior Content Executive at Michael Page, an international recruiting firm. Before joining the recruitment industry, she worked in media and journalism. She now covers employment trends and insights in a variety of industries such as construction, technology and marketing.