If reskilling is one of the biggest opportunities for business to ready their workforce for the future, it is also one of the biggest challenges. Without accelerating our progress on the skills agenda, we won’t have the talent to take advantage of the new jobs we are creating. This is both a business and an HR challenge, and it, therefore, demands organization-wide interventions to deliver results. Companies that unlock reskilling at speed and scale will transform at a pace that leave their competitors behind.
Google Health announced that its AI system was just as good, if not better than human radiologists at detecting breast cancer. The implications for radiologists—for example, around selection requirements and on-the-job clinical training— and for those in downstream jobs, such as radiology technicians, are uncertain. This is just the first trickle of such watershed moments to come. Meanwhile, an event like COVID-19 gives us the impetus to think about how the workforce can be reskilled from one sector to another.
Mercer’s 2020 Global Talent Trends Study reveals that current realities and unresolved debates weigh us down, even as we see a future full of opportunities in this new decade. An opportunity which, for now, seems halted by COVID-19. The changes we are witnessing, brought about by uncertain times, are not only disrupting our present but will set a new normal in how we live, work, operate, and do business.
Rushing to reskill
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
How Digital Transformation Can Power The Great Reset
Technology has the potential to serve as the key enabler of change between digitalising administrative tasks and fostering human connections
The Crypto Meltdown Of 2022
FTX implosion: A setback, but not the end for the crypto market
Govern Pre-IPO Unicorns to Create Value; Not Valuation
Billion-dollar startups always make the headlines. But is there true value behind those eye-catching valuations? How can proper governance be implemented for these much-hyped companies?
On change and change management
The best way to end the year, especially such a disrupted one as 2022, is by laying the groundwork for the year to come. Michelle Yong, Head of Resourcing at Shell, offers some insights on change management to bring us forward into 2023
The Great Reconnection: A paradigmatic moment for employers and employees
This year has not been a good one for employee retention. The Great Resignation, originally thought to be a US phenomenon, has emerged in Asia now. But is there a way to turn it into the Great Reconnection?
Lessons Managing in leadership: a global hybrid team
What takeaways can we draw from the pandemic? Fatima Koning, Chief Commercial Officer at IWG, shares what the last five years have taught her about managing a global sales team across 120 markets in the hybrid model
Eight HR trends that we saw throughout 2022
As companies manage their workforces in a dynamic era, HR departments have continually adapted and adjusted, and never more than this year as digital acceleration and workplace evolutions came together
One way to turn the tide of employee retention
There's a surprising link between skill development opportunities and job satisfaction. Here are some ways of boosting skilling and thereby talent retention
A key focus for L&D going into 2023 should be business alignment
Venkat Subramaniam of Degreed believes that learning is core to business success and organisations need to invest in the right processes and technologies to adapt to continuous change
WOMEN IN LEADERSHIP CAN BE GAME GHANGER FOR INCLUSIVE FUTURE OF WORK
BREAKING FREE FROM THE STEREOTYPES IN THE INSURANCE SECTOR, PAMELA THOMSON-HALL SHARES HER JOURNEY OF BEING A CHAMPION FOR WOMEN AND BRINGING ABOUT A CHANGE IN A MALE-DOMINATED INDUSTRY
