The Urgency of Upskilling and Reskilling

The current business landscape necessitates a reevaluation of skills required by companies to remain competitive. Many industries face disruption, requiring new technical and professional skills that were not necessary five years ago, such as alternative energy in oil companies or 5G technologies in telecommunications. Concurrently, there is a growing recognition of the importance of soft skills, previously regarded as less critical, which are crucial for fostering effective workplace relationships and driving employee engagement. The pandemic has amplified these challenges, highlighting the need for companies to address both hard and soft skills development comprehensively.