Cheaper than hiring, reskilling also improves retention and engagement. HR execs: Take note.
Reskilling is about teaching new skills to help transition someone into a different type of role. By contrast, upskilling is more about trying to increase someone’s skills to improve their capabilities in their current role. And in a disruptive market, reskilling is the name of the game.
According to a study by Lighthouse Research & Advisory, 81% of learning and business professionals said that technology disruption will drive the need to reskill the workforce, and this is already hitting some segments of the workforce as industry giants like AT&T, Amazon and Walmart have already realized.Continue Reading