Home » Resources Centre » A Deep Dive Into Upskilling And Reskilling In The Age Of AI
Introduction
Artificial Intelligence (AI) refers to developing computer systems capable of performing tasks that typically require human intelligence.
These tasks include understanding language, recognising images, making decisions, and solving problems. AI systems are built on algorithms and statistical models that enable them to learn from data and improve their performance over time. This ability to learn and adapt is a key characteristic of AI, distinguishing it from traditional computer programmes.
The emergence of AI has significantly impacted various industries and the global workforce. With AI-powered diagnostic tools transforming healthcare and self-driving cars revolutionising transportation, its influence is evident in numerous sectors. However, it’s important to note that while there are concerns regarding job displacement, the potential for new opportunities is equally significant. This sparks a nuanced and hopeful discussion, engaging us in a positive outlook on the future of work.
The Deloitte report “The upskilling imperative— Building a future-ready workforce for the AI age” stated that adopting AI has enabled organisations to automate a wide array of business processes, improving speed and efficiency and allowing employees to focus their attention on higher-value work. However, there are rising fears that AI and other technologies will displace many human workers. According to some estimates, 37 per cent of UK jobs, 47 per cent of US jobs, and 77 per cent of Chinese jobs are vulnerable to displacement through automation. It means that AI-powered systems or other technologies could replace these jobs.
Defining Upskilling and Reskilling As the workforce undergoes rapid transformation due to technological advancements, upskilling and reskilling have become increasingly critical. The International Labour Organization (ILO) defines reskilling as learning a new set of skills to perform a new/different job with the same or a different employer (retraining). At the same time, upskilling refers to an employee learning additional skills to be better equipped to do his/her job or a related job with more responsibility and/or higher requirements.
The landscape of work is undergoing rapid transformation, driven by technological advancements and evolving industry demands. While upskilling and reskilling are essential for individuals and organisations to stay competitive, several challenges hinder their effective implementation, such as:
Identifying Skill Gaps is often the first hurdle. Accurately pinpointing the skills required for future roles is complex due to the dynamic nature of the job market. Misalignments between acquired skills and organisational needs can lead to wasted resources and employee dissatisfaction.
Another critical challenge is overcoming employee resistance to change. Employees may be hesitant to embrace new skills or job roles, fearing failure or the unknown. Establishing a culture of continuous learning and effectively communicating the benefits of upskilling and reskilling is crucial to mitigate this resistance.
Allocating sufficient budget, time, and personnel for upskilling and reskilling initiatives can be challenging, especially for smaller organisations. Balancing training and development costs with the potential returns on investment requires careful consideration.
Furthermore, measuring the return on investment (ROI) of upskilling and reskilling programmes can be complex. Demonstrating the tangible benefits of these initiatives to stakeholders is essential for securing ongoing support and investment.
By addressing these obstacles and implementing practical solutions, organisations can create a continuous learning and development culture, enabling employees to thrive in the dynamic job market.
Some of the solutions could be:
Organisations should conduct skill gap assessments using data-driven methods and emerging technologies like AI to accurately identify the skills needed for the future. Creating clear career paths helps employees understand the skills necessary for advancement.
Fostering a culture of continuous learning involves securing leadership support, encouraging employee participation in development goal setting, and prioritising learning opportunities within the workplace.
Optimising resource allocation includes focusing on high-impact training programmes, collaborating with external training providers, and offering financial incentives to encourage employee participation.
Measuring the return on investment of upskilling initiatives requires defining clear objectives, tracking performance metrics, and conducting cost-benefit analyses.
Many companies have successfully helped their workers learn new skills. For example, some companies have created training programs that use virtual reality to teach new skills in a fun and engaging way. Others have partnered with schools and universities to offer employees the chance to learn new things.
Recognising AI’s transformative impact, IBM’s SkillsBuild programme leverages AI itself as a solution. It uses AI-powered data analytics to identify critical skills needed for emerging AI-integrated roles. These insights are then used to curate personalised learning pathways for employees. This data-driven approach ensures employees are equipped with the skills to navigate the evolving landscape and collaborate effectively with AI tools.
L’Oréal prioritises continuous learning by providing access to a centralised online platform. They are now exploring AI integration within this platform to personalise learning experiences further. AI can recommend courses based on individual performance data and identify areas where AI skills can complement existing skill sets. This personalised approach addresses employee concerns about the unknown and fosters a culture of embracing AI as a collaborative tool.
Accenture’s comprehensive skills measurement framework allows it to track employee performance and productivity following AI-related training programmes. They can then analyse data to assess the impact of upskilling on factors like project efficiency and AI tool utilisation. This data-driven approach helps Accenture quantify the ROI of upskilling and reskilling in the context of AI integration.
Salesforce’s Trailhead platform offers free online training on AI-related topics like data analysis and machine learning. This readily available resource empowers employees to learn new skills and upskill at their own pace. Additionally, the platform offers AI-powered learning paths that personalise the learning experience and maximise knowledge retention.
The case studies showcase how leading companies overcome challenges through innovative solutions. From AI-powered skill gap assessments to personalised learning platforms, these strategies demonstrate the effectiveness of a data-driven and employee-centric approach.
The rise of AI presents a transformative opportunity for the workforce. While automation offers increased efficiency, it also necessitates a shift in human skill sets. Organisations can empower employees to thrive in this evolving landscape by embracing upskilling and reskilling initiatives.
The key takeaway from the article is that upskilling and reskilling are not one-time events but rather a continuous journey. By fostering a culture of lifelong learning and prioritising the development of critical skills like adaptability, problem-solving, and creativity, organisations can build a competitive and future-proof workforce.
In the age of AI, upskilling and reskilling are not just options but essential strategies for ensuring long-term success. By investing in employees’ development, organisations can build a future where humans and AI work together to achieve remarkable outcomes.
Following the model of Germany’s dual vocational training system, Malaysia can create partnerships between educational institutions and businesses. This would allow students in the country’s future workforce to gain practical experience alongside theoretical knowledge, preparing them for the specific skills demanded by the job market. Malaysia could also echo initiatives like Thailand’s Digital Literacy for All program and prioritise digital skills development. This could include courses on coding, data analysis, and cybersecurity, equipping the workforce to adapt to the demands of the digital age.
Malaysia can create a robust upskilling and reskilling ecosystem by implementing these strategies and learning from global best practices. This will empower its workforce to thrive in the age of AI, foster innovation, and ensure long-term economic prosperity.
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