Upskilling has become vital in the professional scene as every industry begins to experience frequent technological advancement.
Stepping into 2024, upskilling has become more than a concept, but a necessity to organizations and every industry. In an ever-evolving market and industries, upskilling and reskilling is very vital for employees and employers.
Skilling is a great way to enter the market but to stay relevant in that market and beyond, upskilling is very important and necessary.
Some studies state that eighty-one per cent of tech managers understand the effectiveness that upskilling drives amongst their team when embarking on a new project.
An organization that invests in upskilling its employees not only helps develop their career path but also future-proofs its business. As an employer, upskilling makes your employees more productive, closes your skill gaps, and helps you retain the best talent.
You might have been hearing professionals throw around the word “upskilling” or you’re currently reading this article and there’s a need to get a full grasp of the topic, we got you covered.
Also Read: 6 Skills An Entrepreneur Needs To Run A Good Business
What Is Upskilling?
Upskilling refers to the vital process of acquiring new and relevant skills or refining existing ones to stay updated with evolving technologies, role requirements, or industry trends.
Many professionals who are good at their jobs get left behind because they can’t keep up with the industry trend. There’s a need to just own a skill but improve those skills to fit into the ever-evolving industry trends.
By engaging in upskilling and training initiatives, employees not only enhance their current skill sets but also fortify their competitive edge, rendering them indispensable and proficient in their respective domains.
You might ask why improving your skills or acquiring more is vital today and why you even need to upskill. Well, here’s your answer.
Why Upskilling Important In 2024?
From 2015 till date, the skill set required for different jobs has changed drastically. This means the jobs you formerly qualified for because of your certificate now require you to know how to use certain tools, processes, and systems.
You risk losing your job if you can’t learn how to apply these tools to your job description. Below are four reasons why upskilling is important.
1. To Help Your Career Growth
Career growth is directly linked to upskilling. Employers value employees who are proactive in expanding their skill sets and knowledge base.
By upskilling, you get to demonstrate your commitment to personal and professional development, making them more attractive applicants for promotions, salary increases, and new job opportunities.
For you to advance your career and move up the ladder, there’s a need to add to your existing skills in line with your career path.
2. To Keep Up Technological Advancement
As technology advances, professionals in different industries have to strive hard to stay relevant. Advancements in technology, such as artificial intelligence (AI), machine learning, automation, and robotics, are transforming industries across the globe.
Upskilling allows individuals to adapt to these changes, acquire new skills, and remain relevant in an increasingly digital and automated world. You’re not left behind in the evolution of your career path and industry due to an ardent desire to upskill.
3. To meet constantly changing business needs
Upskilling presents a valuable competitive edge for organizations operating in today’s dynamic business landscape. Equipping employees with the latest knowledge and skills enables companies to stay agile and innovative in leveraging emerging technologies.
This strategic investment in upskilling not only enhances workforce productivity but also positions businesses to capitalize on new opportunities and navigate challenges effectively.
When a company has employees or invests in employees who are equipped with updated knowledge, there will be a detailed understanding of the ever-changing business needs and solutions to the ever-evolving customer’s needs.
4. To Fit Into Current Job Market
To fit into the current job market, you need to stay updated with industry trends. Employers are looking to employ people who would provide unique solutions to the current and future needs of users/customers.
How will you fit into the picture without improving your skills?
Upskilling is a more intentional learning process where you’ll gain exposure to that deeper knowledge sooner through skills development courses, certifications, or mentorship programs.
All you need is to be intentional about improving your current skills and adding more relevance to your career or industry.
Take a step further by improving and adding to your skill set to increase your relevance in that office or department.
To acquire new skills or improve your pre-existing ones, you can contact us and download the DexTa app on the Play Store to join our waiting list.