Upskilling

This tag is associated with 40 posts

Green and AI Transitions – A clear overview of the supply of training is lacking

Adult learning systems are being called upon to prepare workers for major labour market shifts, including the green transition and the rise of artificial intelligence (AI) in the workplace. While initial education is important, upskilling and reskilling the existing workforce is essential to help individuals and businesses adapt and prepare for these transitions. Policy makers … Continue reading

Upskilling – Calculating the return

Contrary to popular belief, calculating the return on upskilling program investments is in fact possible. Key Takeaways Contrary to popular belief, calculating the return on upskilling program investments is in fact possible. BCG’s three-step approach requires companies to: Identify the desired business impact upfront. This step is crucial for ensuring that the program’s goals support … Continue reading

GenAI and Upskilling – Look at how employee roles and skills must evolve

Generative AI presents both benefits and challenges to organizations. BCG’s GenAI Workforce Productivity Diagnostic helps companies define a clear path to successfully implement this transformative technology. Key Takeaways While the value and transformation potential of GenAI are real, so too are the technical, implementation, and change management challenges. BCG’s GenAI Workforce Productivity Diagnostic helps companies … Continue reading

Skills and AI – Millions of workers may need to be not just upskilled but reskilled

In the coming decades, as the pace of technological change continues to increase, millions of workers may need to be not just upskilled but reskilled—a profoundly complex societal challenge that will sometimes require workers to both acquire new skills and change occupations entirely. Companies have a critical role to play in addressing this challenge, but … Continue reading

Upskilling Pathways in Canada – Need to do more to connect working adults to opportunities

We need to do more to connect working adults to upskilling opportunities. Here are four key ways our skills development systems need to change. Canada’s skills development systems are still traditional in many ways, built around the expectation that the education we complete in our early lives will equip us with the skills we need … Continue reading

Upskilling, Reskilling and Social Dialogue in US – The Workforce Development Boards (WDBs) at CareerOneStop

Need to develop training for your employees? Looking for resources to help build it or take training to scale? Workforce Development Boards (WDBs) facilitate connections between businesses, community colleges, workforce agencies, and others to maximize the productivity and success of businesses in their region. What are Workforce Development Boards (WDBs)? WDBs are part of the … Continue reading

Upskilling and Reskilling, Twin Transition and Social Dialogue : The Global Deal Initiative

The Global Deal Initiative aims at jointly addressing the challenges in the global labour market and enabling all people to benefit from globalisation., The twin transition – which describes the move towards a more digitalised and at the same time more environmentally sustainable economy – is changing how we work, where we work and what … Continue reading

Global Workforce Survey and Upskilling – 53% of employees say that their job requires specialist training

Business leaders everywhere are prioritising transformation, but what if your most skilled people are more reinvention ready than your company culture is? And what if your employees say they are even more likely to quit now than they were last year—back when everyone thought the “great resignation” was at its peak? We’ve organised this year’s … Continue reading

Upskilling in Tech – An overwhelming majority of 81% organizations are experiencing a shortage in skilled tech workers

28% of organizations believe that they would need to revamp tech skills for a third of their talent base by 2025 to stay competitive Merely 19% organizations have established a skill taxonomy EY, the leading professional services organization and iMocha, the world’s leading skills intelligence and skills assessment platform, today released a report titled “Tech … Continue reading

Digital Skills in Australia – Large businesses would need to spend $1.5 billion this year for upskilling, equivalent to an additional $885,355 per business

In the post-pandemic economy, digital skills are crucial for Australia’s labour market as the pace of digitisation accelerates. This report is the third in a series that looks into what skills are growing the quickest across the job market, the cost business stands to lose by not addressing these gaps and the role of training … Continue reading

Upskilling Pathways in France – A major change and de-compartmentalisation required

This report summarises the outcomes of the first (micro) phase of the thematic country reviews (TCRs) on upskilling pathways in France, which reflect the points of view of both the beneficiaries of the outreach and guidance schemes and services under investigation, and the professionals involved in their implementation. The TCR on UP for France focuses … Continue reading

Upskilling in Canada – Needs to Plug Gaps

Automation, digital innovation, globalization and demographic shifts have been reshaping the labor market, leading to some long-term structural changes and redefining the skills required to maintain a productive workforce – a trend that has been amplified by the effects of the COVID-19 pandemic. Our study shows Canada still stands below the top-performing countries in skills … Continue reading

Upskilling in US – The American Upskilling Study reveals that workers benefit from an additional 8.6% in annual income

COVID-19 has impacted work in unprecedented ways, with 30 million American adults reporting having lost their jobs or businesses since the beginning of the pandemic. As the U.S. economy recovers from the impact of COVID-19, upskilling programs — defined as training or education that teaches new skills or advances or upgrades existing skills — present … Continue reading

Upskilling in US – An additional 8.6% in annual income for workers and a powerful talent attraction tool

COVID-19 has impacted work in unprecedented ways, with 30 million American adults reporting having lost their jobs or businesses since the beginning of the pandemic. As the U.S. economy recovers from the impact of COVID-19, upskilling programs — defined as training or education that teaches new skills or advances or upgrades existing skills — present … Continue reading

Upskilling and Reskilling Pathways In Europe – Empowering adults in three steps

This report is the second volume of Cedefop research on empowering adults through upskilling and reskilling pathways. It presents the Cedefop analytical framework for developing upskilling pathways for low-skilled adults and illustrates its conceptual development. The analytical framework is aimed at supporting policy-makers and stakeholders in designing and implementing sustainable, coordinated and coherent approaches to … Continue reading

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