Making the case for a new upskilling platform
Four ways you can show your team the benefits of upskilling investment
Some of the biggest initiatives companies are considering in today’s landscape involve upskilling.
Upskilling is a critical part of overall digital transformation efforts, and two-thirds of CHROs are planning to make significant investments in that area, according to a recent PwC survey. So why are some business leaders still reluctant to invest more in upskilling? Most likely, they want to be able to quantify returns on those investments.
And the great news about upskilling investments is that they can accelerate ROI across your big rock initiatives.
Digital and workforce transformation. Winning the battle for acquiring and retaining top talent. These are critical for future growth. And it starts with investing in your people’s skills. Having a people-first mindset makes your company more attractive to prospective and existing employees and sets you up for success. Giving your people opportunities to upskill pays off—93% of CEOs who introduce upskilling programs see increased productivity, an improvement in talent acquisition and retention, and a more resilient workforce.
When people are armed with the know-how that improves their job performance, and potentially advances their careers, they’re more innovative. They can find ways to automate repetitive tasks and spend more time on value-add activities—like formulating and executing on the strategies that can drive growth for your entire organization.