Businesses need skilled talent to meet market demands. That’s a condition unlikely to change. But as market circumstances, technologies and organizational requirements evolve, in-demand skills will do the same. Throughout history, forces such as globalization have reshaped most employees’ jobs. Technology, including AI, stands to revolutionize those positions even more.
Soon, some jobs may no longer exist, while many will look different than they do now. Other roles companies haven’t dreamed up yet will be necessary. These are solid reasons businesses can’t afford to grow complacent. Fortunately, leaders have two highly effective talent development tools available to them: upskilling and reskilling.
Upskilling and reskilling employees prepare