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Every workplace can be a place of continual learning

  • 4 mths ago

While businesses in every sector have been working toward a digital transformation for the past several years, covid-19 accelerated this shift across industries. New technologies are advancing at a pace that requires employers to continuously retrain their workforce to stay current. Organizations must become places of learning if they are to prepare workers for jobs of the future.

The World Economic Forum has published one estimate suggesting that technologies like artificial intelligence (AI) could displace 75 million jobs by 2022 but may also create 133 million new roles, and a study by IBM’s Institute for Business Value predicts as many as 120 million workers in the world’s 12 largest economies may need to be retrained in the next three years as a result of an increasing shift toward and embrace of automation and AI. This scale of retraining and workforce preparation requires a fundamental paradigm shift. For employers to thrive in this new digital area and stay one step ahead of competitors, they need to invest in the ongoing education of their employees. In turn, employees need to be encouraged and willing to continue to learn to advance at work.

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