S2 Ep. 7 - Upskilling, Reskilling and Preparing for the Future
August 1, 2023
As a business or HR leader, you’ve probably noticed that upskilling and reskilling are getting a lot of traction lately. Skills have emerged as a key area of focus for 2023. So, in todays’ episode we’re calling, “Upskilling, Reskilling and Preparing for the Future”, we will discuss how future-fitting your workforce can enable your organization to develop the skills needed to remain competitive. Now, let’s start today’s conversation!
Welcome to the True Talk Café Podcast S2 Ep. 7 - Upskilling, Reskilling and Preparing for the Future
Show agenda:
Show agenda:
- Upskilling vs Reskilling
- Questions
- What is career-pathing and how can employers use this framework?
- What are some benefits of Upskilling and Reskilling current employees?
- How can organizations create effective upskilling and reskilling programs?
Survey Data insights according to the Wall Street Journal
The coronavirus pandemic led to a reworking of the economy unlike any other since World War II,” according to The Wall Street Journal. This shift requires an innovative response from HR professionals in business, nonprofits, government, and education. As a result:
The coronavirus pandemic led to a reworking of the economy unlike any other since World War II,” according to The Wall Street Journal. This shift requires an innovative response from HR professionals in business, nonprofits, government, and education. As a result:
- 58% of the workforce needs new skill sets to do their jobs.
- 83% of industry association economists say employers in their sectors are finding it more difficult to fill jobs than they did five years ago.
- 55% of employees struggle to find and share organizational knowledge, and 61% are not satisfied with their company’s workplace technologies.
- Approximately 53% of college graduates are unemployed or working in a job that does not require a bachelor’s degree.
As a result, HR will need to change substantially in its accountability over the next 12 to 18 months.
Summary
In summary, skill-building has always been important, but recent events are raising the stakes. We’re now in what’s often called “the Fourth Industrial Revolution”, a time in which advances in AI and automation are revolutionizing the way we work. AI upskilling builds future-ready businesses and employees. Furthermore, almost every business will, in the future, become an AI business in some way.
Guest: Jay Clancy, Business Owner, Organizational Consultant and University Professor
Social Media Links:
Social Media Links:
- https://jayclancy.com/
https://www.linkedin.com/in/jay-clancy/
https://www.instagram.com/jayclancy_/
https://www.youtube.com/channel/UCfbZZ56rL2OamonKamcbtbw
Pod crew questions
- Renee
- Karla
- Lollie
- Anna
- Conclusion
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