{"id":8393,"date":"2019-08-26T11:20:00","date_gmt":"2019-08-26T11:20:00","guid":{"rendered":"http:\/\/172.16.65.40\/3i_work\/?p=6264"},"modified":"2021-12-08T16:37:07","modified_gmt":"2021-12-08T16:37:07","slug":"professional-1","status":"publish","type":"post","link":"https:\/\/www.3i-infotech.com\/engrc\/professional-1\/","title":{"rendered":"UPSKILLING &#038; RESKILLING- TWO FUNDAMENTALS OF THE FUTURE OF WORK"},"content":{"rendered":"<div class=\"content-inner\">\n<p>Each year millions of people join the  workforce but a majority<span id=\"more-3077\"><\/span> of them are not job-ready due to an acute skills  crunch. This problem is not limited to a particular region and is prevalent  throughout the world. However, in India, this skills mismatch is particularly acute,  and it is expected that by 2020, close to 60% of the population will be in the  working age group of 15-59 years based on a report by FICCI-Nasscom &amp; EY  and companies must train them to meet the industry demand.<\/p>\n<p>Due to the skills crunch and the  ambiguous future of work, it has become imperative for organizations today to  reskill and upskill their workforce for jobs that require a minimum set of  skills and that do not even exist today. Top IT firms in India have taken the  initiative to reskill half of their employees in technologies such as cloud computing,  agile software development, analytics but a lot still needs to be done. &nbsp;<\/p>\n<h3 data-fontsize=\"16\" data-lineheight=\"21\">Why Companies Must Reskill their Employees<\/h3>\n<p>Companies today need skilled  professionals who can not only bring unique qualities to the table but also add  greater value in comparison to the general workforce. IT professionals today  are expected to be equipped with skills in big data, analytics, and security.  For instance, with cross-functional training people become more employable and  it offers them complementary skills to boost their overall expertise. Reskilling  and upskilling employees can lead to the following benefits:<\/p>\n<ul>\n<li>Development programs designed by companies to reskill their  employees are cost-effective than hiring new employees and spending resources  and time to train them.<\/li>\n<li>Many companies have seen a positive correlation between  training and engagement. When employees have the skills to ensure career  progression, their contribution to the job is also more effective.<\/li>\n<\/ul>\n<h3 data-fontsize=\"16\" data-lineheight=\"21\">Ways to Upskill Employees<\/h3>\n<p>Businesses today must consider the  skills that are in demand and show their employees the benefit of acquiring  such new skills. Encouraging employees to learn new skills requires a  three-pronged approach:<\/p>\n<ul>\n<li><strong>Take a market-driven and  predictive approach to identifying skills<\/strong>: Gather more expansive, current, and  objective data on changing skill needs by expanding the inputs for needs  analysis. Finding out the most urgent skill needs in this way forges a better  connection between the market and employees.<\/li>\n<\/ul>\n<ul>\n<li><strong>Challenge your employees<\/strong>: Often employees don\u2019t  feel the connect with their organization\u2019s development asks. Under such  circumstances, companies must demonstrate how they will grow by developing the  skills the market needs. Even if the message is sent across by the HR about the  business\u2019s requirements, communications must be targeted to employees as  individuals.<\/li>\n<\/ul>\n<ul>\n<li><strong>Encourage employees to  build skills beyond their roles<\/strong>: Employees may find it difficult to upskill  on-the-job. Under such circumstances, companies will have to do more than just  curate new learning content and offer self-service development options.  Instead, they must broker learning experiences and connect employees to  cross-organizational skill-building opportunities.&nbsp;<\/li>\n<\/ul>\n<p>By taking the right measures to  retrain the workforce and creating a culture that accepts automation and AI,  any organization can transform itself in this era of digitalization. As new technology  develops in the days ahead, it is imperative for businesses to take initiative to  retrain employees and start creating a strategy to fulfil consumer demands. 3i  Infotech has proven their expertise in providing data information and efficient  business solutions to a wide variety of industry verticals.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Each year millions of people join the workforce but a majority\u00a0of them are not job-ready due to an acute skills crunch<\/p>\n","protected":false},"author":1,"featured_media":5255,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[109],"tags":[],"_links":{"self":[{"href":"https:\/\/www.3i-infotech.com\/engrc\/wp-json\/wp\/v2\/posts\/8393"}],"collection":[{"href":"https:\/\/www.3i-infotech.com\/engrc\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.3i-infotech.com\/engrc\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.3i-infotech.com\/engrc\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.3i-infotech.com\/engrc\/wp-json\/wp\/v2\/comments?post=8393"}],"version-history":[{"count":1,"href":"https:\/\/www.3i-infotech.com\/engrc\/wp-json\/wp\/v2\/posts\/8393\/revisions"}],"predecessor-version":[{"id":9104,"href":"https:\/\/www.3i-infotech.com\/engrc\/wp-json\/wp\/v2\/posts\/8393\/revisions\/9104"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.3i-infotech.com\/engrc\/wp-json\/wp\/v2\/media\/5255"}],"wp:attachment":[{"href":"https:\/\/www.3i-infotech.com\/engrc\/wp-json\/wp\/v2\/media?parent=8393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.3i-infotech.com\/engrc\/wp-json\/wp\/v2\/categories?post=8393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.3i-infotech.com\/engrc\/wp-json\/wp\/v2\/tags?post=8393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}