Times are changing rapidly, and there is no denying that the pace of technological change is accelerating, and in today’s globalized world, the demands on employees are also growing.
In its recent Future of Workplace Learning report, LinkedIn sheds light on the importance of upskilling and retraining. According to LinkedIn, 74% of people agree that learning and development has become more cross-functional, and 72% agree that it has become a more strategic function in their organization. This is why organizations are looking to upskill and retrain their employees to make them suitable for different roles.
But first, what is the difference between upskilling and reskilling, and why do these matter? Let me walk you through the answers to these questions and discuss how to implement these strategies.
What is upskilling and reskilling
Improve your skills
In other words, people who learn and improvise on their current job or task are improving their skills – for example, let’s say you are a graphic russia phone number data designer using a tool like Photoshop. If a new version is released, you will learn the latest version, which will help you improve your current work.
Reskilling
Reskilling is learning a whole new set of skills to perform better in your current position or for a new job entirely. First, people reskill when they decide their existing skills are not competitive enough for the role they want to try. When you reskill, you add new skills to your resume, making you a better candidate than before. Retraining can help you advance in your career faster, change positions or roles, or even get a better or different job. For example, a developer who wants a different job could acquire big data or data science technical seo page for domains knowledge to get a data scientist job!
In short, reskilling is about versatility, while upskilling is about specialization.
Why upskilling and retraining are important
Skills deficiencies or gaps are a problem for both organizations and individuals. They hinder:
- Adaptability
- efficiency
Looking at the current job market, you will need to upskill and reskill to be successful in the next decade. According to the Future of Jobs Report, business leaders say that approximately 40% of their workforce will need to reskill in the next email leads database six months, meaning that most employees will need a new set of skills to do their jobs.
Reskilling and upskilling strategies keep you from being stuck in one role forever. By learning, you grow, which is an attractive proposition to employers. It also makes you more agile and more comfortable interacting with groups of different minds.