Trend Opportunity Profile—Digital Upskilling
Trend Opportunity Profile—Digital Upskilling
Growth Opportunities in Upskilling and Reskilling the Future Workforce
06-Sep-2021
Global
$4,950.00
Special Price $3,712.50 save 25 %
Description
In this rapidly changing work environment, upskilling allows organizations to close the talent gap and fill new and open positions while maintaining their current workforce, creating an environment of continuous learning and development. Reskilling has a longer-term impact, preparing the workforce for jobs that do not exist today. On average, about 40% of workers will require reskilling of 6 months or less.
Frost & Sullivan has identified 2 aspects of the skilling paradigm:
• A digital-first approach to upskilling allows the high- and medium-skill workforce to acquire new digital skills for an existing job or for a job that has yet to be created. Reskilling for digital transformation caters to the low-skill workforce, building educational solutions that will help workers transition from jobs that have a high risk of automation.
• An increasingly globalized and technologically sophisticated workplace will value employees who are culturally fluent, have a higher level of emotional intelligence, and are resilient. Demand for cognitive skills such as creativity, critical thinking, decision-making, and complex information processing will grow through 2030.
Opportunities in automation, artificial intelligence, Internet of Things management, 3D printing, and space exploration will emerge in the short to medium terms. Some 85% of jobs or tasks that students of today will be performing do not exist; jobs of the future will solve challenges and cater to technology trends beyond the next 5 to 10 years.
A growing generational divide is triggering a digital divide: the workforce composition will change in the next 5 years as older workers retire. Job automation already has been one of the changes seen during the COVID-19 pandemic. Companies are increasing their investment in worker reskilling and are forging partnerships with coding boot camps and other programs to increase workers’ access to digital skills.
Table of Contents
Why is Growth Becoming Increasingly Difficult to Achieve?
The Strategic Imperative 8™
Our Mega Trend Universe—Overview
Growth Opportunities Fuel the Growth Pipeline Engine™
Key Findings
Growth Opportunities Critical to Future Success
Trend Opportunity Overview—Upskilling vs. Reskilling
Trend Opportunity Overview
Trend Opportunity Overview (continued)
Trend Opportunity—Regional Exposure
Trend Opportunity—Industry Implications
Trend Opportunity Levers
Trend Opportunity Attractiveness Analysis
Trend Opportunity Attractiveness Analysis (continued)
Trend Opportunity Attractiveness Analysis (continued)
Trend Opportunity Use Cases
Trend Opportunity Case Study—L’Oreal
Trend Opportunity Case Study—Tech Mahindra
Trend Opportunity Case Study—IBM
Trend Opportunity Case Study—Amazon
Trend Opportunity Impact and Certainty Analysis
Trend Opportunity Impact and Certainty Analysis (continued)
Trend Opportunity Matrix—Trend Innovation Index
Innovation Attractiveness Score
Trend Opportunity Matrix—Trend Growth Index
Growth Attractiveness Score
Trend BEETS Implications
Growth Opportunity Levers
Growth Opportunity 1: Personalized Microlearning for Workforce Upskilling
Growth Opportunity 1: Personalized Microlearning for Workforce Upskilling (continued)
Growth Opportunity 2: AI-based Edtech
Growth Opportunity 2: AI-based Edtech (continued)
Growth Opportunity 3: Digital Collaboration Boards for Training
Growth Opportunity 3: Digital Collaboration Boards for Training (continued)
Critical Success Factors for Growth
Conclusion—The Way Forward
Identifying Your Company’s Growth Zone
Your Next Steps
List of Exhibits
Legal Disclaimer
Our Mega Trend Universe
Our Mega Trend Universe (continued)
Popular Topics
No Index | No |
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Podcast | No |
Author | Chaitanya Habib |
Industries | Cross Industries |
WIP Number | K644-01-00-00-00 |
Is Prebook | No |
GPS Codes | 9A3B |