Skills will decide your future, keep reskilling and upskilling, yourself
According to the World Economic Forum report, The Future of jobs, By 2021, one-third of the skills in demand will be those that are considered non-essential today. Writer Mark Neimann-Ross says that in the next 4 years you will have to learn 30% of your job again. While trying to understand these figures, you should also know the Mind the (Skills) Gap of Harvard Business Review which says that the skills learned in school and college will be outdated before your education loan is completed. Given the current technological landscape, it can be said that digitization will be the main reason. In the next five years, companies will invest in digital transformation on a large scale. As a result, the demand for top engineering talent delivering new capacities will be more than the supply.
How to keep yourself ready, employs
For the changing job market, it is most important to keep oneself relevant having a winning mentality to overcome the fear of being unemployed, And to keep alive the desire to keep ourselves useful. It is also necessary to fully identify the challenge and focus on learning and relearning. so that they can upgrade themselves to retain the skill by upgrading their skills. For this, you have to follow three modes-
Mode 1: Continually improve yourself in what you know. Each employee has his own strength which he should use to the maximum, otherwise, the zone becomes a comfort zone which starts affecting your performance.
Mode 2: You can increase the scope of related skills and competencies by staying in your own domain or industry. For this, you can participate in your company's training and upskilling programs, or by investing in some relevant online courses, you can strengthen your career profile.
Mode 3: Be ready to learn any new skill or technology related to or apart from work. Keeping your mind open for any learning can be a good experience in itself, even if it is to learn from a junior colleague.
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Why reskilling and upskilling is important
It is believed that the half-life of any job skill is only five years, ie in this period, the requirement of that skill falls to half of the earlier. It is very important for employees to move ahead of this falling trend of skills. To check the skill requirement, it is now necessary to check the future growth pattern of skills at least twice every year. For this, all you have to know is whether your current skills will be enough to achieve your goals or you need to learn any new skills.
Reskilling is not difficult
Reskilling does not mean you have to go through very difficult training. We usually learn 50 percent of our lessons from day-to-day activities, challenges and practice, and 20 percent from our social collaborating network of colleagues, friends, and family. The remaining 30 percent is required to be relearned and reskilled. Here it is important that the employees do research before taking any decision what type of reskilling they need-
- foundational skills
- Domain and technical skills
- Business and Management Skills
- Communication and Behavioral Atticates
54% of employees will need reskilling and upskilling by 2022.
After 05 years, the demand for new skills will be four times more than the supply - McKinsey
10 skills that will be in demand in 2020
According to the World Economic Forum's The Future of Jobs report, these 10 skills will be the most in-demand in 2021 - Complex Problem Solving, Critical Thinking, Creativity, People Management, Coordinating with Peers, Emotional Intelligence, Judgment and Decision Making, Service Orientation, Negotiation, and Cognitive Flexibility
Accept change by being proactive
Employees should notice the changes in the trades of the industry and prepare for them. Therefore, it is very important to skill yourself for the upcoming changes in the industry.
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