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6 innovative and effective approaches to upskilling

Tim Cooper

big think, 2024

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Talent and skill gaps are an ever-growing issue in the modern world of work, but some companies are rising to the challenge with aplomb. In this intriguing article, journalist Tim Cooper explores why leading companies are shifting from external recruitment to internal talent cultivation, and how six organizations are shaking up traditional approaches to upskilling. Learn about the transformative power of silo-busting, immersive media and gamification, and other groundbreaking tactics that are reshaping the employee development landscape.

Summary

The rapid evolution of required skills in various fields underlies an urgent need for new approaches to learning and development.

According to the Burning Glass Institute, between 2017 and 2022, 37% of required skills in all work areas changed. Many employers are grappling with a gap between employee capabilities and future organizational needs. With labor markets tight, companies are turning to internal upskilling. Here’s how six top firms are leading the way with their innovative approaches to this challenge:

Deloitte takes a data-driven approach to customized training.

Deloitte has adopted a data-driven strategy, investing $1.4 billion to forecast client demands better and customize training for individual learning needs. Analysis of over 120,000 datasets has enhanced the firm’s understanding of what learners require, leading to more targeted and effective upskilling.

Immersive learning methods, such...

About the Author

Author Tim Cooper is an award-winning business and financial journalist.

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Y. G. 8 months ago

Immersive learning methods, such as virtual simulations, have successfully engaged younger employees. The approach allows workers to put new skills into practice and aligns with millennial and gen Z employees’ preferences for interactive educational experiences.