The Importance of Upskilling
Learning new skills is critical in today’s knowledge and project economy. To ensure your high performing teams consistently deliver on their objectives and realize benefit for your organization, you need to continually invest in their skills.
In today’s rapidly changing world with constant introduction of new technologies and innovative ways of doing things, the option of whether to upskill or not no longer exists. It is imperative for business growth. The competitive edge of your business will be defined by the ability and competence of your team. Many will wonder “what is my return on investment?” after investing time and money into employees’ skills. It comes down to showing value in them, which will lead to considerable generation of:
- An engaged workforce.
This is really crucial in any organization as it has a significant impact on how effective and productive your workforce is. Worker engagement is an emotional commitment to the organization and its goals and will be seen daily in both their work ethic and your organization’s overall performance.
- Higher Retention & Lower Absenteeism.
When you upskill your team, it will be reciprocated in terms of their loyalty and service to your organization. Empowering and training your team will lead to workplace happiness and thereby increase retention and lower absenteeism.
- Happy Customers.
This will ultimately lead to happy customers. The enthusiasm of your workforce will reach your customer base, who will then spread the word and your business will increase.
- Increase in your bottom line.
The biggest benefit will be in the overall financial performance of your organization. Sales will soar, productivity will increase and your reputation in the marketplace will grow.
So you see, upskilling your workforce has many positive outcomes. If you haven’t put a training plan together yet for your team, please call Aspira who will help you to put a developmental plan in place.
Article by Norma Lynch, Head of Training at Aspira. For more information on how Aspira can help you with all your upskilling needs, contact us on firstname.lastname@example.org or call +353 21 235 2550.