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Conclusion

by | Jan 31, 2020

Addressing the future of the work begins by influencing people in a way that encourages them to improve their skills and expertise. It’s about providing workers with the flexibility to apply their knowledge directly in their daily work, so it feels as if the upskilling finally makes sense.

It is the company executives who set the guidelines and goals and offer staff the most relevant preparation, tools, and information for developing and implementing their abilities. Individuals can then expand knowledge by growing their comprehension of new information, and by applying their deeper understanding and skills. Let employees have the freedom from leadership around testing their new skill sets.

Illustration depicting the upskilling employees

When individuals are excited about their new and improved knowledge, it also has the effect of inspiring others. Since job roles are in a state of flux, upskilling will be relevant for a long time. By 2021, more than 70 percent of business users will be substantially provisioned with cloud office capabilities.

There isn’t a business today that isn’t affected by digitization and digital transformations. When you break it down, automation will truly create new jobs that need new skills. Even the jobs of today require the use of a wide variety of tech tools and devices. Across most companies, digital business skills have become a priority. By 2022, 70 percent of organizations leveraging collaborative work management systems will report that their teams are significantly better performing.

Not to mention, the bottom line is going to be affected positively. Even when upskilling programs require a significant investment, the ROI is impressive. It’s always cheaper to improve the staff you already have instead of trying to hire new ones. Moreover, when employees feel they don’t have many opportunities for growth within their company, they will start to look elsewhere for work.

In fact, by 2023, fewer than one-third of digital workers will select the corporate office as their preferred place to work. Also, by 2024, remote work and changing workforce demographics will impact enterprise meetings so that only 25 percent will take place in person, down from over 60 percent today. These are real changes coming down the pike, how will your organization prepare?