Everybody wants career growth and nobody wants to experience job loss. Isn’t it?
But considering the pace at which the Technological changes are happenings, it looks like the only way to enjoy Career growth without worrying about job loss is – to stay relevant in job market. And being relevant in Job Market happens through – Reskilling and UpSkilling.
And there are Market research stats to support this.
- By 2030, according to the a recent McKinsey Global Institute report, Jobs lost, jobs gained: Workforce transitions in a time of automation, as many as 375 million workers—or roughly 14 percent of the global workforce—may need to switch occupational categories as digitization, automation, and advances in artificial intelligence disrupt the world of work.
Is Reskilling/UpSkilling new?
As humans, we have always been reskilling/upskilling. That is what is human evolution.
For example, when telephones were introduced, we learn to dial number, book trunk calls and communicate with people. The next wave of evolution in communication happened when mobile phones were introduced. We were quick enough to learn to use mobile phones and communicate better. And when smartphones came into scene, we equipped ourselves to use them. We now effortlessly use Smartphones to be active on Social Media, to stay up to date with news, to play latest games and to do whatsapp 🙂
And now that the Voice assistants and chatbots are becoming hot, we are learning to work with them too.
So Reskilling/Upskilling is not new for us.
So why does Reskilling/UpSkilling sounds like climbing a mountain when it comes to job oriented skills?
It is just because
- We have to do it out of compulsion. We are simply enrolling in new courses to avoid job loss.
- The other reason is, we are interested in reskilling/upskilling but we are confused. There is so much of information all over and it could be overwhelming. You want your reskilling effort to trigger Career growth and so instead of jumping to learn something blindly, you want to make an informed decision. After all, it impacts your Career.
So how can you make an informed decision about what to learn?
There are 2 options.
Approach 1 – Be proactive, Keep your eyes and ears now.
Before going into the details, lets define the terms Reskilling and Upskilling in simple words.
What is Reskilling– Learning newer skills as the current skills that you know are outdated and are not in demand. These skills will not fetch you top dollar in your offer letter.
What is UpSkilling – Learning newer skills in addition to the current skill set so that you are ready for the newer Career opportunities that are available in the Market and enjoy Career growth.
Coming back to the details of the approach, to understand it better, lets understand the fundamental reason for technology change.
The technology changes to answer the business needs of simplicity and less cost. By embracing newer technologies, the Business can roll out newer services faster, it can enhance the customer experience while reducing the cost of business operations.
For example, The Organizations are embracing cloud computing because its cheaper and flexible then owing hardware. Businesses are interested in Artificial Intelligence and Data Science as it will help them understand the customer better and thus offer better services which leads to Business growth.
So to stay relevant in the job market,
- Spend sometime understanding the work that you do, the business environment of your company and/or the business environment of your customers.
- Try to find out what are the challenges. Go deeper and understand the reasons for the challenges. Are the challenges solvable? Can current technology be used to solve it? If yes, then
- There must be a newer solution coming up to ease that challenge. Research about this newer solution/technology. Read blogs, watch videos, checkout job openings data etc.
- And create a list of skill(s) that you need to acquire.
- Now get on with acquiring these skill(s)
Benefits of this approach
You get to leverage your current skills and experience and jump in the future. You are prepared for the future. Your approach is proactive. And thus, You have an edge over the folks who are just starting or are being reactive.
But the above approach need you to spend time in doing research.
Approach 2 – Make friends with ThinkCerti
The other option is come to ThinkCerti.
At ThinkCerti, we understand the challenge of identifying the right Career path. And hence we build this Artificial Intelligence driven Skills Discovery platform for you folks. Because we use technology to do our research, we are able to process information at speed and at scale.
You could get the details of the Career opportunities by simply letting us know your current skill set and your area of interest.
We are able to provide you Skills recommendation as we track the skills in demand, job market and courses all the time. Based on your inputs, our algorithm picks up the Career opportunities that suit you and the new skills you need to acquire to grab the Career opportunities. Your unanswered questions like
- There Loads and loads of certifications. What will work for me?
- My current skills are x, How do I leverage it?
- What is the next best bet? Can somebody guide me?
- What are the market trends?
- How do I learn new skills with my current job?
Can get answered by ThinkCerti.
Learning is a never ending process and so you need a friend who could help you decide what to learn. That is what is ThinkCerti – Your personalized Career guide who wants to help you excel in your Career.
What are the challenges of being reactive in Reskilling/Upskilling?
According to PwC’s latest CEO survey, 38% of CEOs globally say they’re extremely concerned about the availability of key skills as a threat to business growth
42% of global CEOs say they are implementing continuous learning initiatives to a large extent.
The stats wipe away any doubt if there is any about the significance of right skilled workforce for Business. And hence, the organization(s) will do whatever they have to reskill/upskill the workforce.
And if the employee waits for the Reskilling flood to sweep him/her before reacting, that could result in
- Job Loss
- Reset Career graph
To avoid job loss, you might be forced to learn something that the company needs and might not be necessarily right for your Career growth.
It could mean to force fit oneself into a new role not aligned to the previous experience and skillset. This could mean slower career growth and/or competing with juniors.
This risks can be avoided if the professional tries to be proactive instead of being reactive.
So what are you waiting for? Go ahead and grab the Career growth.