What is reskilling? Essential trends in human resources

What is reskilling? This is not just about learning a new skill, but also a comprehensive career transformation process, helping individuals adapt and develop in a constantly changing working environment. Understanding Reskilling can open the door to new opportunities, increase your flexibility and empower you to survive and thrive in this challenging world. Let’s join Smart Solutions For Business Company Limited(S4B Vietnam) to learn the definition, importance and how to perform reskilling effectively.

1. What is reskilling?

Reskilling (short for re-skilling) is the retraining of skills for workers so that they can take on new jobs instead of losing their jobs due to outdated old skills. Specifically, reskilling includes:

  • Training completely new skills to replace old skills that are no longer suitable.
  • Upgrade current skills to meet job requirements.
  • Switch to a new career that matches the trend.

For example, an accountant switches to learning programming to take on the job of developing accounting software, or an office worker learns digital skills to apply technology in daily work. Thus, reskilling allows workers to quickly adapt to market changes and enhance their self-worth so they can continue to contribute effectively.

Reskilling is an inevitable trend that helps workers promptly adapt to market changes.

2. How is reskilling different from upskilling?

Reskilling is often confused with upskilling. However, these two concepts are completely different:

  • Upskilling is the improvement and expansion of workers’ existing skills. The priority of upskilling is to maintain the same occupation and job position, only enhancing skills so that workers can do the job better.
  • Meanwhile, reskilling focuses on learning completely new skills, even switching to new jobs and industries. The goal of reskilling is to help workers adapt to changes in jobs that require new skills.

Thus, it can be seen that reskilling and upskilling are both very necessary for workers in this day and age. Depending on job characteristics and career goals, workers can choose to apply appropriate methods to improve their skills.

3. How to implement reskilling effectively for businesses

To truly effectively reskill employees, businesses need a specific strategy and plan. Some suggestions below:

3.1 Define clear goals

First of all, businesses need to clearly define the goals of retraining. The goal may be to meet new human resource needs, promote innovation, or help employees adapt to new technology… This will help choose the appropriate training content and format.

3.2 Choose training content that is close to reality

Training courses need to focus on key skills and be directly related to employees’ actual work. You can survey employees to know what skills they need to be equipped with. Some popular training contents include digital skills, data analysis, soft skills, programming languages, project management skills…

3.3 Choose a flexible training format

Businesses can apply many flexible training forms such as:

  • Online training: online courses, learning via zoom, youtube…
  • Guided training: group classes with instructors.
  • Training at the workplace: inviting experts to train at the company.
  • Learning through work: assign practical tasks for employees to practice their skills.
  • Self-study: support documents and learning tools for employees.

3.4 Continuous evaluation and improvement

After each training session, feedback should be surveyed and effectiveness assessed. On that basis, businesses can adjust, supplement or redesign training content to be more appropriate. Training needs to be continuously updated and upgraded according to market and technology changes.

Thus, it can be seen that reskilling is an inevitable trend to adapt to the rapid changes of the labor market. Reskilling allows workers to increase their self-worth, expand employment opportunities while still ensuring stability. Businesses also need to consider reskilling as a key strategy to attract talent, increase productivity and innovate.

Reskilling is a bridge between your present and your career future, helping you equip the necessary skills to adapt to market changes.

>>>Read more: The Role of professional employer organisation in Recruitment

4. Automation and AI trends

Automation and artificial intelligence technologies are gradually replacing humans in many positions, especially simple, repetitive jobs. According to McKinsey research, by 2030, about 800 million people worldwide are at risk of losing their jobs due to automation.

To adapt, workers need to enhance skills in collaborating with smart machines such as analytical skills, problem solving, creativity and effective data manipulation. Reskilling is an opportunity to learn these new skills.

New technologies such as cloud computing, big data analysis, internet of things, blockchain, metaverse… have created many new professions and caused many jobs to change to integrate technology. Workers are forced to improve their digital skills and data analysis skills to meet requirements.

Technology companies such as Google, Apple, Microsoft… have invested billions of dollars in retraining programs for employees so they can work effectively in a digital environment. This is reskilling at scale.

In short, understanding “what is Reskilling” not only helps you seize opportunities in your career, but is also the key to survive and develop in an increasingly competitive and volatile labor environment. Thank you readers for your interest and following S4B’s article.

S4B Vietnam

  • Address: Unit 701B-701C, Tower A, Handi Resco, 521 Kim Ma Street, Ba Dinh District, Hanoi, Vietnam
  • Tel: + 84 24 3974 4181
  • Email: service@s4b.com.vn

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