[{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/www.the-future-of-commerce.com\/2020\/10\/26\/upskilling-and-reskilling-strategy\/#BlogPosting","mainEntityOfPage":"https:\/\/www.the-future-of-commerce.com\/2020\/10\/26\/upskilling-and-reskilling-strategy\/","headline":"How to elevate your upskilling and reskilling strategy","name":"How to elevate your upskilling and reskilling strategy","description":"Agility and adaptability are fundamental to resilience and success. Future-proof your business with an upskilling and reskilling strategy.","datePublished":"2020-10-26","dateModified":"2023-02-19","author":{"@type":"Person","@id":"https:\/\/www.the-future-of-commerce.com\/contributor\/laurie-ruettimann\/#Person","name":"Laurie Ruettimann","url":"https:\/\/www.the-future-of-commerce.com\/contributor\/laurie-ruettimann\/","identifier":460,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/29057434eb12993625044c37714336f1f5e443ad81a89fa02d764ed13ec90c14?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/29057434eb12993625044c37714336f1f5e443ad81a89fa02d764ed13ec90c14?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"The Future of Commerce","logo":{"@type":"ImageObject","@id":"https:\/\/www.the-future-of-commerce.com\/wp-content\/uploads\/2023\/01\/logo-foc-schema-app-1.png","url":"https:\/\/www.the-future-of-commerce.com\/wp-content\/uploads\/2023\/01\/logo-foc-schema-app-1.png","width":172,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/www.the-future-of-commerce.com\/wp-content\/uploads\/2020\/09\/FCEE032H_STATIC_HXMFuture_REV2-01-1.jpg","url":"https:\/\/www.the-future-of-commerce.com\/wp-content\/uploads\/2020\/09\/FCEE032H_STATIC_HXMFuture_REV2-01-1.jpg","height":375,"width":1200},"url":"https:\/\/www.the-future-of-commerce.com\/2020\/10\/26\/upskilling-and-reskilling-strategy\/","about":[{"@type":"Thing","@id":"https:\/\/www.the-future-of-commerce.com\/customer-experience\/","name":"Customer Experience","sameAs":["https:\/\/en.wikipedia.org\/wiki\/Customer_experience","http:\/\/www.wikidata.org\/entity\/Q984142"]},{"@type":"Thing","@id":"https:\/\/www.the-future-of-commerce.com\/customer-experience\/employee-engagement\/","name":"Employee Engagement","sameAs":["https:\/\/en.wikipedia.org\/wiki\/Employee_engagement","http:\/\/www.wikidata.org\/entity\/Q14937678"]},"HXM: Human Experience Management","HXM: Human Experience Management",{"@type":"Thing","@id":"https:\/\/www.the-future-of-commerce.com\/commerce\/intelligent-enterprise\/","name":"Intelligent Enterprise","sameAs":["https:\/\/en.wikipedia.org\/wiki\/Intelligent_enterprise","http:\/\/www.wikidata.org\/entity\/Q6044119"]},{"@type":"Thing","@id":"https:\/\/www.the-future-of-commerce.com\/hxm-human-experience-management-solution\/human-resources\/","name":"The Future of Human Resources","sameAs":["https:\/\/en.wikipedia.org\/wiki\/Human_resources"]}],"wordCount":1244,"keywords":["Employee Development","HXM"],"articleBody":"Many organizations are revising their upskilling and reskilling strategy \u2013 after all, the most valuable employees are those who grow and develop new skills to meet the changing needs of your organization. That adaptability has typically defined the success of an HR team.With COVID-19, economic pressures, and social upheaval, this time period is unlike any that most of us have lived through.We\u2019re facing constant change and disruption. So how can companies develop a workforce that can continually grow and adapt?\u201cUpskilling and reskilling is more important than ever,\u201d says Minda Harts, Founder and CEO of The Memo, LLC, and Adjunct Assistant Professor at NYU.\u201cCompanies now have the opportunity to be proactive instead of reactive. For example, I recently read that more than 1 billion jobs will be reconfigured by 2030. We need to start now to ensure we\u2019re providing our employees with the skills they need to meet that demand.\u201dUpskilling and reskilling strategy 101: Agility for the winThe ability to assess skills and quickly make adjustments is a competitive advantage, especially in a pandemic.\u201cI\u2019ve seen several case studies of companies that redeployed their staff into different parts of the business \u2013 at scale \u2013 because their original roles weren\u2019t being utilized in the new work-from-home, remote work structure,\u201d says Lars Schmidt, founder of Amplify and cofounder of HR Open Source. \u201cCompanies that can use upskilling and reskilling to make those adjustments are coming out ahead right now.\u201dIt feels like the events of 2020 dropped us right in the middle of the future of work.We\u2019re all trying to figure out what to do and which roles and responsibilities we\u2019ll need tomorrow, explains Joey Price, CEO of Jumpstart HR. \u201cWe can\u2019t just stand in the moment and reflect. We have to respond to it \u2013 now,\u201d explains Joey Price, CEO of Jumpstart HR.Technology can help to provide relevant learning and development, improving gaps by identifying skills-driven learning paths that support goal development. Meanwhile, modern HR solutions ensure an immersive engaging learner experience.\u201cWhen choosing a technology, think about how it will become part of your performance plans,\u201d says Price. \u201cThat will help you make sure that skills are not just learned in a workshop, but continually thought about and influenced in the organization.\u201dWatch this episode of The Rise Of HXM on upskilling, reskilling, and putting people first, featuring my co-hosts Minda Harts and Lars Schmidt and special guest Joey Price.      The future of work after COVID: Employees spur Great Resignation                The future of work after COVID demands that employers rethink their approach to the employee experience, as The Great Resignation proves.      What\u2019s new in learning technology?HXM can disrupt old ways of learning. The days of classroom-based training are over. By offering new modes of technology-enhanced learning, modern tools allow people to learn how and where they want. Not only is creating an engaging learner experience important, but so is integrating learning in the flow of work.\u201cIt\u2019s about in-the-moment, snackable, bite-sized, and on-demand pieces of content,\u201d says Schmidt. \u201cThe technology makes it super easy for employees to find what they need, when they need it, and get the access they need to do their work. There are many different HXM platforms and resources for building a cutting-edge practice that supports learning agility, learning velocity, upskilling, and reskilling.\u201dFocusing on flexibility also benefits businesses. As job functions change and new or different roles arise, companies need to appropriately retrain employees to maintain productivity.\u201cTo do that, you can use HXM technology to scale faster,\u201d says Harts. \u201cWe can train so many more people with the right technology.\u201dHXM technology can also help organizations listen to employees and understand the gap between what employees need and what\u2019s provided by their employers. Gathering employee feedback on what\u2019s effective and what\u2019s not is key to driving continuous improvement of learning and development solutions.      How to improve employee well-being: Humanity enters the workplace                By making wellness a priority and leading with compassion, modern HR leaders are improving employee well-being and boosting morale.      There are five generations in the workplace: How does that affect upskilling and reskilling? Learning and education is different for each generation, and people have different needs, preferences, and goals. HR teams need to marry HXM technology with the needs of real human beings.By providing personalized learning and development opportunities, we can help ensure that each employee gets what they need to grow in their role \u2013 and in the company.\u201cWe have to think about a more bespoke approach to talent development,\u201d advises Price. \u201cThink about the motivation for people who want to train. What will incentivize them to perform well? The more intentional we are about training and development, the more valuable our results will be.\u201dThe employee\u2019s career stage matters, too.Generations are important, but employee career stage also influences learning needs.A new hire who is early in their career probably needs different training than engaged, tenured workers who seek leadership opportunities, for example. Good news: Companies are getting better at understanding these distinctions.\u201cWe shouldn\u2019t bucket people according to set expectations,\u201d says Schmidt. \u201cWhether it relates to early-stage career development, fertility benefits, or elder care assistance, companies are starting to think much more broadly about how they can support and motivate their employees.\u201d      Bedrooms and kitchens as the office: How to train an enterprise from home                This disruption isn\u2019t just an economic shock: it's a shock to customer behaviors and business models, making remote work and e-learning critical to success.      Employees must take ownership of their learning, and companies must provide empowerment to do soAs the pace of change accelerates, empowering employees to accelerate their own learning is essential \u2013 as is talent management.\u201cWe\u2019re going to be in volatile times for a while,\u201d says Schmidt. \u201cThe single most important skill we can have in our employees now is a growth mindset \u2013 an appetite for and interest in learning. The more we can embed, support, and encourage learning within our own organizations, the more we\u2019re going to win as employers, HR departments, and employees.\u201dThis focus on employee growth and development is the best way to support personalized learning at scale.\u201cWe have the potential to build more agility and adaptability into our organizations and reskill our workforce to meet the demands of the future,\u201d says Harts. \u201cIf we start right now, we get a chance to partner with our talent. We can find out what they need to be equipped for the next generation of work and ensure they have the skills needed for the company to succeed.\u201dWith the right learning culture and HXM technology, employers can turn challenges into opportunity.\u201cTechnology helps people stay up to date and hunt for signs regarding the future,\u201d says another viewer, N\u00e9stor M\u00e1rquez, who is executive partner and founder of Future Experts. \u201cWe can use these tools to solve those enormous problems, which will undoubtedly be a source of opportunities and income.\u201dToday more than ever a company-wide learning strategy is a strategic lever for business resilience and success. \u201cCOVID-19 presents an opportunity to help your company become the organization you\u2019ve always wished it could be and the company that your employees wish they could work for,\u201d says Price.  Work doesn’t work like it once did.Win, retain, and grow talent in a changing, competitive landscape. Real-life proof points \u2192HERE."},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"2020","item":"https:\/\/www.the-future-of-commerce.com\/2020\/#breadcrumbitem"},{"@type":"ListItem","position":2,"name":"10","item":"https:\/\/www.the-future-of-commerce.com\/2020\/\/10\/#breadcrumbitem"},{"@type":"ListItem","position":3,"name":"26","item":"https:\/\/www.the-future-of-commerce.com\/2020\/\/10\/\/26\/#breadcrumbitem"},{"@type":"ListItem","position":4,"name":"How to elevate your upskilling and reskilling strategy","item":"https:\/\/www.the-future-of-commerce.com\/2020\/10\/26\/upskilling-and-reskilling-strategy\/#breadcrumbitem"}]}]