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Reskilling versus upskilling: Let’s explore career pathing!

Often used interchangeably, are there differences between reskilling and upskilling? Letu2019s find out

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Reskilling versus upskilling: Let’s explore career pathing!

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  1. RESKILLING V/S UPSKILLING: LET’S EXPLORE CAREER PATHING

  2. Do you also feel like there’s been a gap in your skills and have lost out on various opportunities due to that during the pandemic? Keep reading to find out how you can revive your career and give it the much-needed boost. The pandemic disrupted everything we were standing on, and for many of us, this has affected our career and personal aspirations. As a result, a lot of people are now wanting to upskill or reskill in order to expand their skill set or change their career entirely.

  3. Businesses are putting a lot of effort into filling in existing and upcoming skill gaps within their organisations, and both upskilling and reskilling are trendy terms. It's not surprising that these programmes are on people's minds given that 87% of executives, according to a McKinsey survey, are currently facing or anticipate having skill gaps in the workforce. The first step in future-proofing your staff is to put a strong emphasis on skills. However, a lot of upskilling tactics continue to fall short. The absence of distinction between upskilling and reskilling as well as a fuzzy understanding of each's contribution to preparing your business for the future of work are common causes of misunderstanding. Although the two terms have a similar sound, they differ in a number of ways.

  4. What is Reskilling? • Reskilling is the process of acquiring new skills required to do a completely different profession or to transfer into a new role. • Reskilling doesn't always mean sticking with the same employer. It is the art of figuring out how to perform in a completely different role within the same industry. • When repurposing employees or for anyone wishing to restart their profession, reskilling is incredibly helpful.

  5. What is Upskilling? • The process of upskilling involves enhancing one's skill set, usually by learning new information. • The skill sets of the workforce and the changing job description are out of sync. • Upskilling is therefore the way to future employment without having to hire new workers. • Employee upskilling guarantees knowledge enhancement and future readiness.

  6. What’s the solution? Career pathing Giving employees access to a planned career path is one of the finest ways to use reskilling and upskilling in your firm. An individual will use the career pathing procedure to set their own trajectory for professional advancement. By developing a career pathing programme, you may integrate reskilling and upskilling tactics into your company in order to connect your employees' aspirations for their professional futures with the goals of your company. Successful career pathing strategies are derived from a competency-based approach. This makes it possible for your business to review and appraise the particular talents needed for each distinct role and to comprehend the training programmes that employees undertaking new roles will need.

  7. Each employee has a unique career path that enables them to organise the actions necessary to accomplish their long-term professional objectives and advance their careers through promotions or lateral moves. To determine the specialised talents and additional training required to realise such objectives, it is necessary to have an awareness of the knowledge, abilities, and character attributes necessary.

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