Reskilling: What is it and what is its strategic importance?

Did you know that Reskilling has everything to do with the world we live in today?

The world and the way we work are constantly changing. That means you have to be skillfully prepared for new opportunities.

Every year, new concepts and technologies emerge and we automate more and more of our work processes, making us more efficient.

So we need to keep up to date more and more, and even in less time.

The process of evolving our skills is constant, as is learning new ones, because everything becomes obsolete overnight.

Companies are having to reinvent themselves every day, and it's only right that their employees do the same. Otherwise, they will soon lose market share.

In view of this, the concept of reskilling must be applied and discerned within each organization.

In this article, you'll learn a little more about the topic and how it has transformed professions.

What is Reskilling?

Reskilling is the development of new skills in line with the needs of the job market.

This means changing your team's skill set.

Not only does it generate greater productivity, but it also serves to constantly develop employees, which helps to reduce turnover.

In a world that is constantly changing, a culture of innovation is already routine in most corporations.

Ten years ago, for example, many of the activities carried out today didn't even exist.

As a result, professionals with versatility and the ability to cope with change tend to be in high demand.

After all, career transition should increasingly be seen as an evolutionary process and a new opportunity.

Thus, professionals who don't adapt to this system tend to become easily obsolete.

You need the ability to adapt, because in today's world, no professional is 100% prepared, not even those at the highest levels of management.

New information and technologies are emerging rapidly. You have to be aware of this reality and seek constant improvement! This is essential!

Why is Reskilling important?

The issue is so relevant that it was one of the topics on the agenda of the World Economic Forum in Davos in 2018: Towards a Reskilling Revolution - A Future of Jobs for All.

According to the report, professionals who want to excel in their careers will need to be constantly engaged in learning throughout their working lives.

Companies, on the other hand, urgently need to develop strategies for retraining and improving the skills of their employees, facilitating the search for talent.

How about understanding a little more about this topical issue?

What is the purpose of Reskilling?

As mentioned above, more and more new professions are emerging,

or even the need for new skills and technical knowledge in existing professions.

Reskilling seeks to introduce professionals and corporations to this new culture of development, where professionals have autonomy in their careers, with the ability to transform their professional performance.

Companies therefore have a direct impact, with the possibility of reassigning professionals to specific roles, without the need to face long selection processes and the difficulty of finding professionals who are really qualified for the job.

On the other hand, professionals with this profile tend to be highly sought-after and can, through a lot of study and development, achieve better positions and salaries.

Technical and behavioral skills

Identifying the right skills to develop can be a dilemma for both leaders and those they lead.

With the concept of hard skills and soft skills, this process can become easier, check out the need for and difference between each below:

Hard skills

It concerns technical skills, those that have a direct influence on the execution of tasks.

Related to qualification courses, degrees and the like.

Professionals who want to keep up to date with the needs of the market must improve their knowledge of technology and the tools available for their field.

Nowadays, you can find a lot of free content on the internet itself.

Further emphasizing the need for constant updating.

Soft skills

These are non-measurable skills, but they are extremely important in routine and social interaction.

The main soft skills for professionals seeking retraining can be defined as: Capacity for self-management, creativity, adaptability and emotional intelligence.

These skills will define the pace of work, as well as its quality, the reflection in the work environment and the relationship with the team.

The impacts of Reskilling

According to a report published by the World Economic Forum, a survey carried out by ManpowerGroup found that 40% of companies reported difficulty in finding qualified professionals in the job market.

In this way, organizations that are able to anticipate this alignment and technical development, encouraging and providing the appropriate means for those who are able and predisposed to a career transition, tend to benefit from economic growth.

"The creation of economic value is increasingly based on the use of ever higher levels of specialized skills and knowledge, creating unprecedented new opportunities for some, threatening to leave a significant portion of the workforce behind."  

This excerpt was taken from the report, which presents extremely relevant data for those who want to keep up in the job market and in the business world.

This means that professionals and employers must be constantly developing. Attentive to changes and new market needs so as not to be left behind.

As well as the ability to identify the measures needed for career transitions and the development of new skills. In order to be able to implement them.

In short, professionals who don't pay attention to this run the serious risk of becoming irrelevant, however qualified they may once have been.

Tell us what you think about this? Do you see this difficulty in the market for qualified professionals? How have you managed to stand out?