Reskilling and Upskilling: The future of skills development


5 minutes

In a rapidly changing world, where technological advances and market demands are constantly evolving, we face a new challenge in the labor market: the need for continuous skills development. The terms ‘Reskilling’ and ‘Upskilling’ are appearing more and more often and in this post we will clarify what they mean.

What is Reskilling and Upskilling?

Retraining is a process where individuals learn new skills in order to make a career change or switch careers completely. This can mean that a person who has worked in a particular industry for a long time, for example in manufacturing, retrains to work in the IT sector. It is a transition from an existing skill set to a completely new one, which can be both challenging and exciting.

Upskilling, on the other hand, involves improving and deepening existing skills. This could involve a marketer learning about digital marketing or a programmer learning new programming languages or techniques. Upskilling helps employees stay up to date with the latest trends and techniques in their professional field.

Why is Reskilling and Upskilling important?

1. changes in the labour market: we live in an era where digitalisation and automation are transforming the labour market at a rapid pace. Several traditional occupations are changing or disappearing, while new occupations with new skill requirements are emerging. This makes it necessary for the workforce to adapt and develop new skills.

2. employability: In a world where job security is increasingly uncertain, the ability to adapt and develop new skills becomes crucial for an individual’s employability. Through reskilling and upskilling, workers can ensure that their skills are always relevant and in demand in the labor market.

3. business competitiveness: companies that actively reskill and upskill their employees create a more adaptable and skilled workforce. This allows companies to react quickly to changes in the market and technology, which is crucial to maintain and strengthen their competitiveness.

How to implement Reskilling and Upskilling?

1. skills gap assessment: To succeed in reskilling and upskilling, companies must first understand which skills are missing within the organization and which ones will be needed in the future. This means conducting a thorough analysis of the current and future market trends and technological developments. By identifying these gaps, companies can create targeted training programs that are relevant and valuable.

2. Individualized curricula: A “one size fits all” approach rarely works when it comes to skills development. Each employee has unique needs and skill levels. Therefore, it is important to create individualized curricula that are tailored to each employee’s needs, career goals and existing competencies. This makes learning more relevant and engaging for the individual.

3. Varied learning opportunities: To maximize the effectiveness of learning, companies should offer a mix of different learning methods. This can include online courses, interactive workshops, real-life case studies, mentoring programs and on-the-job training. Such a mix not only encourages learning but also ensures that the knowledge is practical and directly applicable.

4. Culture of learning: Creating a corporate culture that encourages and values continuous learning is crucial. This means recognizing and rewarding efforts and progress in learning, as well as encouraging the sharing of knowledge and experiences among employees. Such a culture promotes not only learning but also innovation and collaboration within the company.

The workforce of the future

Investing in reskilling and upskilling is not only an investment in an individual’s future career, but also an investment in the long-term success and sustainability of the company. By preparing the workforce for the future, we can ensure a dynamic, adaptable and skilled workforce ready to face the challenges of tomorrow.