upskilling and reskilling

Upskilling and Reskilling: 3 benefits for future corporate training

The continuous evolution of the modern working world sets companies before an alternative: go with the flow or supplant the change. With this in mind, putting in place employee Upskilling and Reskilling operations is a must if one is to take the next step in corporate training and ride the wave.

surfing the waves

The World Economic Forum has estimated that as many as 50% of stakeholders will be affected by these practices. So, an approach that aims to develop employees through skills acquisition is critical to providing them with the right tools for what lies ahead. After all, the future is already here. 🤩

Learn with us what Upskilling and Reskilling are all about, what their benefits are, and how you can use them to get your team up to speed!

Upskilling and Reskilling: what are we talking about?

Let’s start by saying that they are much more than industry slogans. We want the message to get across that these two terms represent powerful training tools that can transform your employees. In the context of Learning & Development, both concepts refer to opportunities offered to employees with the overall goal of diversifying their skills in the workplace.

learn something new from orange is the new black

Upskilling is about taking the skill package an individual already possesses to the next level. It is what is needed to make a so-called “quantum leap” within the company.

Reskilling, on the other hand, involves learning knowledge and skills that were hitherto not covered by the employee’s role. “What is it for?” you may ask. Well, for instance, to move employees from one department to another or simply to meet some of their training needs.

It is important to remember that the main goal is still to get employees to work more efficiently and provide added value to their role.

We know what you’re thinking about…

Upgrading and retraining employees takes time and investment. In fact, you might wonder whether it might not be more efficient to hire from outside, turning to those who already possess the skills in question. In reality, however, all you would be doing is momentarily filling in the gaps.

The result? After a short time, new skills and abilities will be needed and you will find yourself chasing a train that has already left.

mr. bean loosing the train

…so we list the benefits of Upskilling and Reskilling

In case you don’t want to end up like Mr. Bean, here are 3 positives for you to be persuaded by!

  • Less turnover. Let’s face it: no one likes the idea of a dead-end career. And it is precisely this last aspect that is identified by Gallup as the main reason why employees leave their roles. So, offering training toward new and better skills shows them that your organization is the right place to grow people and their careers. There you increase both retention and engagement.
dancing employees
  • Create a culture of learning. Regardless of employees’ career level, a healthy learning culture encourages them to always seek to improve. According to PwC, 77% of stakeholders want to upgrade, so the desire for a learning culture is there. Creating one by prioritizing professional development can boost morale, teamwork, and ultimately performance.
employees cheering from the office
  • More versatile employees. The skills that are learned are cross-functional. In this way, employees can elevate their position within the company and contribute in more ways.

In conclusione

Upskilling and Reskilling are training strategies that, in this day and age, prove crucial to developing a new corporate culture of training.

Help your employees grow and evolve: your company will have benefits from it and you’ll be able to fly into the future.

back to the future 2

Resta sintonizzato! Nel prossimo articolo ti spiegheremo come far fare un Upskill e un Reskill al tuo team.

#neverstoplearning 🚀

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