Reinventing the Wheel of L&D Initiatives for a Future-Ready Workforce

The pandemic has accelerated digital adoption and transformation, leading to an increasing need for acquiring new skills.

In response to the pandemic, organizations across the world have shifted gears to virtual workplace models and remote working practices to enable business continuity. Moreover, it is becoming increasingly clear that we’re not going back to the brick-and-mortar environment the way it used to be – on premise, which means that remote working is here to stay. The pandemic has also accelerated digital adoption and transformation, leading to an increasing need for acquiring new skills. There has never been a more pressing case than now for investing in digital technologies in learning, such as 3As (Automation, AI and Analytics), Cloud Systems, Learning Management Systems (LMS), etc.

A 2020 Gartner report estimated that the number of skills required for a single job is increasing by 10% each year, and 33% of the skills needed three years ago are no longer relevant. Thus, it is safe to say that adapting employees’ skills and roles to the post-pandemic ways of working will be crucial to building operating-model resilience. Most organizations have already realized that skilling, reskilling and upskilling are the answers to these problems.