Accelerating the skilling engine - Deepstash
Upskilling: Preparing For The Future

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Identifying the skills needed for the future

Developing a growth mindset

Creating a culture of continuous learning

Upskilling: Preparing For The Future

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Accelerating the skilling engine

Companies will need to measure the return on their investment in employee skilling

For instance, the cost of giving employees new skills compared to the cost they would have spent on hiring. The expense should include the opportunity cost of waiting to hire.

173

861 reads

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Shaping phase

Companies should gain a clear understanding of the way each employee and team do their present work and involve them in redesigning their roles and ways of working. It will spark better ideas and ensure pain points will get addressed early on. It will also create stronger skill matches and...

182

753 reads

Employers should lead the way

The pace and scale that technology disrupts is a social, political and business challenge.
Employers are best placed to make a positive societal impact, for example, by upgrading the abilities of their employees and equipping them with new skills. Employers will also reap the grea...

206

1.39K reads

The model of future work

The model of future work

By 2030, up to 30 to 40 percent of all workers in developed countries may need to move into new occupations or upgrade their skill sets. Skilled workers in short supply will become even scarcer. Any company that doesn't join the early adopters and doesn't address its underlying talent ne...

254

2.09K reads

‘Offboarding’ with sensitivity

‘Offboarding’ with sensitivity

Workplace transition demands enormous sensitivity. Some employees may fall short of acquiring the skills needed to make the transition to new areas of work, while others may prefer to seek new employment.

Many companies are forming partnerships with new, tech-savvy outplacement firms to he...

172

717 reads

Talent is the largest barrier

Talent is the largest barrier

Talent is the largest barrier to the successful implementation of new strategies.

Many leading businesses realize that it is quicker and more financially prudent to look internally and develop the talent they already have. Yet only a third of global executives report that ...

201

1.3K reads

Talent accelerators

Talent accelerators

Digital strategies are creating entirely new, mission-critical tasks. The redesigning of work is far more than changing existing roles. They need to identify the knowledge, skills, attitudes, and experience required, then look inside to find the best-fit talent.

Sometimes,...

173

726 reads

Capturing the full opportunity

Capturing the full opportunity

The company needs to asses if they are capturing the full potential of new technologies to generate new revenues and not just trying to cut costs.

Many small individual initiatives within organizations don't see the urgency and end up falling behind, never realizing the magnitude of the op...

184

926 reads

Supporting the future of work

Successful and continuous transformation of the workforce involves 3 broad phases that at first might seem common.

  • Scouting: Looking at the future needs, the company needs to identify the most important skill gaps. Then assess the organization's readiness to deliver....

202

1.04K reads

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Leadership is not about authority...

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Building the workplace of the future

During the pandemic, companies had to rethink how to engage employees when they couldn't physically be together.

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Responsible AI and the employee experience

Organizations must recognize the drawbacks that some algorithms bring into the screening and hiring process as a result of the way they are trained, which can have a direct impact on outcomes such as diversity and inclusion. 

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