Final Thoughts: Why Upskilling And Reskilling Are Critical Measures For Future Success

As we come to a close on our three-part series about Upskilling and Reskilling, we want to leave you with additional resources to learn more about this topic. There are mountains of valuable research studies conducted by some of the brightest minds in business verifying the paramount importance of upskilling and reskilling. These are, as our title suggests, critical measures for future success regardless of your current role in today’s workforce. 

Here’s a quick review of what we discussed in Part 1 and Part 2. 

Upskilling refers to building existing skills to enhance and augment their strengths. Reskilling is developing new skills in order to move into new roles within an organization or to shift into a more entrepreneurial career path. Essentially, upskilling and reskilling may be necessary for career resilience. Upskilling creates more specialized workers and reskilling creates more versatile ones.

Much of the research and information discussed around this topic comes from the point of view of a corporate entity. But we feel it is necessary for individuals to embrace these concepts in order to empower them to take control of their own career destinies. We believe in empowering people for the future so they can take control of their lives.

Here are a few of the best resources to learn more about this subject.

World Economic Forum - A key point in this report entitled, Towards A Reskilling Revolution, is that the most sought-after soft skills by today’s companies include: Critical and Innovative Thinking, Active Learning, Complex Problem Solving, and Leadership. Is it any wonder why these are the skills upon which the RedCat Multiverse is focused?

Pew Research Center - This report confirms that many employees are leaving their current jobs to pursue career advancement elsewhere, emphasizing the importance of upskilling and reskilling at an organizational level. 

Deloitte - The Upskilling Imperative discusses the new normal we are all facing in the post-pandemic world. “Adaptability, flexibility, and a commitment to lifelong learning will be vital, especially as companies and entire industries reposition themselves in a highly digital, data-driven new world and search for the talent that will help them succeed.”

Harvard Business Review - Employers have found that investing in skills learning enabled both performance and reliability of workers. This research is outlined in this article by Susan R. Vroman and Tiffany Danko.