A rise in the popularity of skills topics is already visible in the increasing number of online searches for the term reskilling. The number of searches increased by an average of 38% between August 2020 and the same month this year. Reskilling reached its peak popularity in searches in January 2022, just as the global workforce undergoes one of its most important changes ever – digital transformation.
The term upskilling is taking skills and knowledge in a particular area to a new level, while reskilling involves learning new skills so employees can do a different job. Upskilling mainly focuses on supporting employees to become more skilled and relevant in their current position within the organization.
AG5 is constantly working on expanding its cutting-edge skills management software that offers solutions for businesses to upskill and reskill.
“Every industry is impacted by technology. People wonder if their current job will still exist in ten years or if there will be massive changes that will impact the skill requirements. New jobs require new skills, and existing jobs are disappearing,” says Rick van Echtelt, CEO at AG5.
Mr. Echtelt cited the rise of skills-based training, where businesses are now moving away from degree requirements in many job industries.
“There’s a mismatch between demand and supply of skills in various markets, which needs to be solved. The hiring approach is increasingly skills-based today,” says Mr. Echtelt.
He also looked at how companies today use skills-based hiring to speed up recruitment and push for a future-proof workforce.
“For example, when we were looking to hire a customer success manager, we hired someone with experience in the travel industry, which had been disrupted at the time, but she had matching skills for the job. We see that career ladders are replaced by career profiles based on skills,” he added.
Mr. Echtelt says the most effective upskilling techniques incorporate various approaches that make the most of existing internal skills and external resources.
Every business must align its methods with its business goals and requirements while at the same time considering different learning styles and balancing these against individual employees’ needs.
While primarily associated with technological advancements, Mr. Echtelt stressed that upskilling and reskilling are crucial for the highly competitive and evolving business environment, making them equally critical elements of a powerful business strategy.
This is where the AG5 skills management software proves to be very beneficial, says Mr. Echtelt, as it brings impressive advantages to an organization, which include succession planning, where an organization can create an outline of internal progress, future-proofing, where a company can assess the direction of its industry, and individual career paths, where a company can ensure employees continue to develop the skills needed for their personal goals.
The AG5 skills matrix software, trusted by 200+ organizations in over 15 countries, is the only plug-and-play skills management software, offering an up-to-date skills matrix that everyone understands and cannot be broken.
Professionals who wish to learn more about AG5 and its game-changing vision may visit www.ag5.com for more information.
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Company Name: AG5 Skills management software
Contact Person: Rick van Echtelt
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Phone: +31 (0)20 463 0942
Address:AG5 Amsterdam, Netherlands HQ Oostelijke Handelskade 865
City: Amsterdam
Country: Netherlands
Website: https://www.ag5.com/
