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The New HR Focus_ Reskilling

Thereu2019s a saying that goes, u201cYou cannot teach old dogs new tricks.u201d Such a notion, however, ought to be challenged in present times. This is for the very simple reason that the world is changing. With rapid developments in modern technology, certain skills and processes may become obsolete, thus leaving HR no choice but to reconfigure work processes, systems, and more importantly, reskill their company employees.

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The New HR Focus_ Reskilling

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  1. TheNewHR Focus: Reskilling NeedforChange andChallenge There’s a saying that goes, “You cannot teach old dogs new tricks.” Such a notion, however, ought to be challenged in present times. This is the basic reason that the world is changing. With rapid developments inmodern technology, certain skills and processes may become obsolete, thus leaving HR no choice but to reconfigure work processes,systems,andmoreimportantly,reskilltheircompany employees. Areluctancetodosowouldnot onlyseethemloseessentialmanpower, but in the

  2. process,Causethemtofallbehindcompetitorswhoareproactivelylookingatprocess,Causethemtofallbehindcompetitorswhoareproactivelylookingat meanstoupgradetheirworkforceandvariousresources.So,shouldyoureskill your workerstoday? ProgressandLeveragingonTechnology Eversincethedawnoftime,humanshavehadtoundergoseveralchangeswith regards to work. From the labour-intensive Bronze Age, to the heavy-duty industrial age totodays’heavilydigitalised world, the manner in which work is carried out has gottendrasticallydifferent. Theonecommondrivingforcebehindtheseerashowever,wouldbetechnology.

  3. Astimeprogresses,thedevelopmentsintechnologyhavedisruptedoperationalAstimeprogresses,thedevelopmentsintechnologyhavedisruptedoperational procedureswithnew,betterwaysofgettingthingsdone.Withbusinesses,ithas alwaysbeen swim or sink,evolve or go extinct. Reskilling:AConstantNeed Therealwaysexistaneedtoprepareforthefuture.Assuch,itishighlyadvisable thatyou be pre-emptive in your business approaches so as to ensure that your company’s workforce remains well-versed in their field of expertise. Let us give you anexample. Amazon,oneofthebiggesttech-giantsofthiscurrentgeneration,hasbeentaking

  4. aproactiveapproachwhenitcomestoimprovingtheknowledgeandtechnicalaproactiveapproachwhenitcomestoimprovingtheknowledgeandtechnical know-howof itsemployees. • Forinstance,in2019,thecompanypledgedafull$700milliontoupgradetheir • workersinhigher-orderskillsinvariousareas,severalofwhicharelistedbelow. • MachineLearningUniversity–Ahigh-tierstrategytoenableworkerstobewell- versedinvariousmachinelearningskills. • Amazon Technical Academy –A platform tohelptransitionworkerswithno prior-knowledgeintorolesinvolvingsoftware engineering. • AmazonCareerChoice–Apre-paidcoursetoequipvariousassociateswiththe relevantskillsandknow-howtobeemployedinhigh-demandpositionsoftheir choosing. Amazon,possessingthenecessaryforesight,hasconceptualizedamulti-pronged approachtothe developmentoftheir workforce. Theyhavegrantedprospectiveinternalhiresandemployeesthemeanstorevamp themselvesbyprovidingan avenueforthemtobere-educatedabout certain industryinformation andknow-hows,thus expandingthebreadthanddepth of theirknowledge. Amazon’splanof approachhadseveraloutstandingbenefits. Firstly,despite

  5. technologybeingacommonenableracrosstheindustry,theorganization'sprotechnologybeingacommonenableracrosstheindustry,theorganization'spro activenesshas managedtokeepthecompanyatthenumber 1sport for ecommercegoodsintheUSmarketbyasignificantmargin. Thecompany experienceda38.6%increaseinrevenuefrom2019to2020,thatisupwardsof $296billion.Moreover,inadditiontothis, acrossall onlinechannels,Amazon reported a net income of $21.33 billion dollarswithin this same time period, an increase of 83.9%. WhatAmazonachievedisnomeanfeat.Allthesuccessthatthecompanyhas achieved wasinspiteofthedisruptionstousualoperations causedbyCOVID-19. Thisshowsthatifyouequipyouremployeeswiththenecessarytoolsandnew skillsneededtohelpthecompany,gooverand beyondexpectations. Throughupgradingandreskilling,companieswillbeabletoreaptherewardsof more meaningfulknowledge andflexibility for greaterefficacyandefficiency. TheScenein Singapore

  6. WithSingaporebeinganinternationalbusinesshub, it isvital forthesurvivalofour country’s economy that we continue to re-train and upskill our workers. This is also asentimentechoedbythegovernment,with theEnhancedTrainingSupport Package ,aimed atupskillingandretraining,beingextendedbya further 6months. Evenbefore thestartof thepandemic, thegovernmenthasbeen actively encouragingbusinessestolookat meansofupgrading theskillsetsoftheir workers. If anything at all, COVID-19 has further proven that adapting and changing with the timesisan utmostmustto remain competitive intoday’seconomic climate.

  7. InANutshell Technology hasandwill continuetobeadisrupttomany industriesand businesses. Theskills and knowledgerequiredbyyourteamisconstantly changing. As such, there is a constant need to be on your toes, and be proactive whenitcomesto engagingyourworkforce.Throughreskilling andtraining, company employees will have their skillset expanded such that they will be well- versedintheirfieldofwork,thusbringingconsistentvaluetothebusiness.Allin all, this will help ensure that your organization remains at the forefront, leveraging uponprevailingcircumstances toremain astepaheadofthecompetition. Intermofacquiringnewknowledge,whynotstartoffwithQuickHR?Ourtop-of- the-line Learning Management System allows your company to partake in various internal and external eLearning modules from our exhaustive marketplace of off- course providers. Customizable and with built-in analytics, HR will be alerted to areas of concern such that greater focus towards such areas can be emphasized foranever-learningworkforce. Once again, we hope that you've enjoyed a good reading. And remember, Think Now,ThinkFar,ThinkQuickHR. *Getintouchwithusatquickhr.co/contact-ustofindoutmoreaboutourstate-

  8. of-the-artHRMSsolution! GoodHRSoftwareIn Singapore ImageSource: https://quickhr.co/ ForHRPayroll SoftwareSingapore14Days FreeTrailclickhere

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