Youth & Professionals Will Need Constant Upskilling
Businessworld India|December 31, 2022
According to the World Economic Forum’s Future of Jobs report, half of allemployees will need to be reskilled by 2025. As businesses re-establish themselves, the digital workplace of the future will necessitate the acquisition of new skill sets
Unmesh Pawar
Youth & Professionals Will Need Constant Upskilling

THE UNCERTAINTIES that have gripped the world impact every sphere of life, including the world of work. Job aspirants, those already in jobs, as well as employers need a relook at how to sustain jobs through the right skills, not just in terms of hard skills but also adaptability and flexibility.

FOR NEWCOMERS

Today's youth are no longer restricted to a single career because of the developments in the digital world. They may now pursue their hobbies and become specialists in them. For instance, a person I know who likes tinkering with different mechanics is now making and selling cutting-edge furniture online. Look out for newly created chances if you're not feeling very imaginative. Each new technical development opens new fields. While some of these jobs require transferrable talents, others call for scalable skills. Consequently, if you're a recent graduate, be sure to discover your passion before you begin upskilling.

FOR EXPERIENCED PROFESSIONALS 

The speed at which technology is changing Indian industries, it will cause a huge skills gap between the workforce's current abilities and what is now needed for them to do their jobs well. As a result, reskilling and upskilling of Indian youth is crucial. Because skill development is a continuous process, it is essential to retain it at all levels because upskilling helps advance your career. According to a recent poll, 31 per cent of respondents felt stalled in their careers because of the pandemic's impact, and 65 per cent have participated in upskilling programmes in the last year to better their professions. If you haven't already joined the 65 per cent of the population, here's some food for thought.

BENEFITS OF UPSKILLING AND RESKILLING

FOR EMPLOYEES

Getting a Salary Hike

Providing Opportunity to Change Career

This story is from the December 31, 2022 edition of Businessworld India.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the December 31, 2022 edition of Businessworld India.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM BUSINESSWORLD INDIAView All
Technology, AI Driving Warehousing Sustainability
BW Businessworld

Technology, AI Driving Warehousing Sustainability

Anshul Singhal on how Welspun One is rapidly transforming Grade-A logistics and industrial parks across India, offering integrated fund development and asset management for large-scale warehousing solutions

time-read
2 mins  |
December 28, 2024
DECODING RETAIL'S NEXT FRONTIER
BW Businessworld

DECODING RETAIL'S NEXT FRONTIER

As brands pivot towards omnichannel ecosystems and startups challenge legacy frameworks, the focus sharpens on experiential retail, sustainability and data-driven personalisation.

time-read
1 min  |
December 28, 2024
SORORITY OF WOMEN OF METTLE
BW Businessworld

SORORITY OF WOMEN OF METTLE

Awinter afternoon in mid-December found quite a crowd at the Oxford Book Store on Connaught Place, as bibliophiles congregated at a corner to listen to three women authors, diverse in their passions, but drawn together by an urge to tell their story.

time-read
1 min  |
December 28, 2024
THE LEGACY OF THE AMARNATHS
BW Businessworld

THE LEGACY OF THE AMARNATHS

IN NOVEMBER 2017 the management committee of the Delhi Cricket Association named the eastern stand of the Feroze Shah Kotla ground the Mohinder Amarnath stand.

time-read
3 mins  |
December 28, 2024
PUTTING THE POWER IN THE POWERHOUSE
BW Businessworld

PUTTING THE POWER IN THE POWERHOUSE

The Asus ExpertBook P5 is powered by an 8-core 8-thread Intel Core Ultra 7 Series 2 processor that clocks a maximum speed of 4.8 GHz, but it does not have hyperthreading. It is light weight, with a smooth glass touch pad. The laptop almost has all the I/O ports you could possibly need in a business laptop, making it an extremely lucrative option for professional computing, says

time-read
3 mins  |
December 28, 2024
"We must be aware of our energy and water consumption"
BW Businessworld

"We must be aware of our energy and water consumption"

BW Businessworld caught up with actor, philanthropist, and climate warrior BHUMI PEDNEKAR to chat about climate change and more.

time-read
2 mins  |
December 28, 2024
"Cooking is a passport to the world"
BW Businessworld

"Cooking is a passport to the world"

In conversation with renowned CHEF MANJIT GILL, Advisor at Kikkoman India and President, Indian Federation of Culinary Associations (IFCA). As the former Corporate Chef of ITC hotels, Chef Gill has helped shape iconic restaurants, such as the Bukhara, Dum Pukht, and Dakshin. He has had the privilege of serving former American Presidents Barack Obama, Bill Clinton, George Bush, and the French, Canadian, British and German premiers. In 1992, Chef Gill had the opportunity of being invited to cook for Prince Charles and Lady Diana, at the Palace of the Maharaja of Jaipur. He was awarded the Lifetime Achievement Award from the Ministry of Tourism in 2007.

time-read
2 mins  |
December 28, 2024
Strengthening Middle Management for Organisational Resilience
BW Businessworld

Strengthening Middle Management for Organisational Resilience

WHAT HOLDS AN organisation together in chaos? Is it visionary leadership, cuttingedge strategies, or robust technology?

time-read
3 mins  |
December 28, 2024
The Retail Trailblazers
BW Businessworld

The Retail Trailblazers

A look at companies that are making a positive impact on India's growing retail sector with their future fit business and marketing strategies.

time-read
1 min  |
December 28, 2024
Driving Conscious Consumerism
BW Businessworld

Driving Conscious Consumerism

VIDIT JAIN, Co-founder of Kindlife, is leading the charge in revolutionising the intersection of technology and conscious consumerism.

time-read
1 min  |
December 28, 2024