

From the Archive: Rewire or Retire
12 snips Jan 1, 2025
Sagar Goel, a leader in digital reskilling and leadership development at BCG, explores the urgent need for upskilling in a world increasingly shaped by AI. He highlights that one in three jobs will be disrupted, stressing the role of both public and private sectors in preparing the workforce. Goel shares strategies for companies to implement effective reskilling programs and the importance of integrating learning into daily routines. He also underscores the critical role of leadership in fostering a continuous learning culture to navigate the tech-driven landscape.
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Rapid Skill Decay
- The half-life of skills is currently five years, meaning 50% become redundant in that time.
- One-third of workers will be significantly disrupted by AI in this decade.
IKEA's Reskilling Success
- IKEA reskilled 8,500 customer service reps into interior design consultants because of AI.
- This not only improved employee and customer satisfaction but also generated $1.4B in extra revenue.
Essential Skills for the AI Age
- Cultivate learning agility, the ability to unlearn and relearn constantly.
- Focus on core critical skills like analytical thinking, judgment, and collaboration.