When your business needs to pivot fast because of changes in your industry or the economy (or both), how do you fill the new roles?
If your organization has laid the foundation for reskilling, you can retrain your current employees to take on those new roles. That can keep your company viable during times of major change – without the additional time and expense of hiring brand-new employees.
However, reskilling isn’t just a way to save time and money when your company needs employees with new skills quickly. Over the long term, reskilling can help you keep your talent,