Re-skilling with technology is necessary to fill the gaps in the industry

Corporations and enterprises are investing heavily in high-skilled initiatives to provide employees with the necessary knowledge and skills so that they can work in cross-functional teams which, in turn, will encourage innovative thinking.

The Covid-19 epidemic has brought countless changes around us and created new frontiers as it demands new social and physical distances as well as new remote work models. However, on the bright side, the crisis has also brought about a positive change – the acceleration of digital transformation. The growing popularity of digital apps and various digitized platforms has changed the perspective of various sectors and industries such as finance, healthcare, education, gaming and so on. Also, there is a growing acceptance of digitization, which has created a strong demand for a highly skilled workforce skilled in the use of recent technology.

While digital technology is becoming increasingly popular, there is a significant discrepancy between the digital skills required for industry and what is actually taught in education, a serious challenge for the future of work. A large portion of the population is unprepared to fulfill a job role that requires at least a basic knowledge of digital skills. This lack of education could increase unemployment and inequality and put these large numbers of people at greater socio-economic risk. Thus, digital skills need to bridge the gap and increase employment for the weaker sections of the population.

Moreover, over the years, the focus on automation has grown as manual labor has gradually declined. Technologies such as artificial intelligence (AI), machine learning (ML) and blockchain are widely used by businesses and even governments worldwide. Similarly, skill requirements are changing rapidly and today’s relevant skills may become redundant tomorrow as new technologies tend to replace old ones. This is why upskilling and recycling time is needed.

To nurture the desire to learn

An important aspect of the existing race for professional success is the desire and ability to stay on the learning curve. Traditionally, our education system has placed more emphasis on theoretical, root-based learning and less on skills training and proper exposure. This is one of the main reasons why most job seekers are unemployed. For a country where about 12 million graduates are looking for jobs annually, there is a serious need to supplement their theoretical knowledge with skills-based specialized training. Internship and apprenticeship programs in this direction will help students to develop the necessary digital skills.

In view of the development and emergence of new technologies, advanced industrial concepts and continuous innovation across the industry, the only way to bridge the skill gap between industries is continuous learning so that one can go one step further to prepare them for the future.

In addition, facilitating the development of alternative and non-formal models for digital training can be an effective way to help students gain an edge over their peers and bridge the divide between schooling and employment. It will also help provide a framework for skilling, upskilling and recycling. Such efforts are particularly important for offering employees market-related digital skills that can meet the growing needs of potential employers in a variety of industries, both public and private. Students must consider investing time in acquiring technical and management skills that can help them become the business leaders of tomorrow.

Learning to take ownership

Under the new normal, job roles and responsibilities are changing more rapidly than before the epidemic. Corporations and enterprises are investing heavily in high-skilled initiatives to provide employees with the necessary knowledge and skills so that they can work in cross-functional teams which, in turn, will encourage innovative thinking.

Technology is an important area where upskilling has become essential – with a focus on courses related to artificial intelligence and machine learning, blockchain, data science, Internet of Things (IoT), cyber security and online marketing. Also, there is a growing demand for upcoming parts like e-vehicle technology, renewable energy, 3D printing and biotechnology. Also, many schools have not yet introduced digital training in their curriculum. And something that didn’t make it mandatory. Therefore, the government must assist the school administration in providing basic, intermediate, and advanced digital skills that will go beyond the school to develop a wide range of educational paths.

While many fear that technology will eat up certain tasks, they are often creating new technologies and tend to ignore the role of a number of new jobs that will create in the future. Change is far-reaching and inevitable, so it is imperative that we embrace it as we progress, embrace new ideas and invest in skills that can secure our future.

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