Wednesday, October 16, 2013

RE-SKILLING IS THE NEED OF THE HOUR


RE-SKILLING IS THE NEED OF THE HOUR,


    The depreciating value of ru pee clubbed with a slowing global economy is making hiring decisions a challenging task for many companies. However, investment in human capital will be increasingly critical for economies to capitalise on the next wave of growth to ensure companies are able to
maintain a consistent supply of talented employees. 


    An increasingly competitive landscape and more complex team roles are compelling today’s workforce to re-skill and upgrade to develop more complex skill-sets. Reskilling means adding ad
ditional skill-sets to your existing professional toolkit. These are skills that will enable you to be more productive and future-focused. Keeping yourself updated with the latest skills ensures that you not only stay ahead of the competition, but also become a more valuable asset for your existing organisation. Data suggests that a large chunk of the workforce in emerging markets of Asia-Pacific is looking at skill-enhancement and career development. 69 per cent of Indian employees are either actively seeking or considering further education or training. However, to actually go ahead and pursue the course becomes a difficult task for many to accomplish. Thus, as much as the onus of re-skilling lies on the shoulders of the employee, it is also important for companies to integrate re-skilling as a requisite in their employee’s growth plans. This not only encourages employees but reinforces companies’ commitment towards employees who make that extra effort to stay ahead of the curve. In conclusion, in today’s rapidly changing job environment, it has become a necessity to continuously re-skill yourself in order to remain competitive and relevant in the marketplace.

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