{"id":113478,"date":"2023-11-14T11:00:00","date_gmt":"2023-11-14T02:00:00","guid":{"rendered":"https:\/\/learningbox.online\/?p=113478"},"modified":"2023-11-14T11:00:00","modified_gmt":"2024-02-27T08:31:24","slug":"blog-reskilling-explanation","status":"publish","type":"post","link":"https:\/\/learningbox.online\/en\/column\/blog-reskilling-explanation\/","title":{"rendered":"Benefits of Reskilling your Employees"},"content":{"rendered":"

An increasing number of companies are focusing on hiring professionals and training existing employees for the purpose of fundamental innovation for existing businesses, which includes improving productivity and developing new businesses along with technological advancement.<\/p>\n\n\n\n

When it comes to recruitment costs and opportunities, however, hiring professionals comes with challenges, and many organizations are now shifting to empower reskilling existing employees aiming to create new values and enhance new or existing businesses with digital transformation.<\/p>\n\n\n\n

Regardless of the trend above, it is true that L&D or HR pros are struggling to successfully reskill employees in many cases. This is because they are on the way to find specific strategies, and are repeating trial and error. In this article, we explore the successful reskilling for existing employees, introducing some tips to follow.<\/p>\n\n\n\n

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What is Reskilling?<\/h2>\n\n\n\n
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Reskilling refers to the process of learning new skills for a different job role within the organization. It typically occurs when there is a significant change in an employee\u2019s previous tasks or responsibilities.<\/mark>
Large investments have been made for the corporate strategies in many countries. The Japanese government mentioned the desperate need for human resource development and reskilling in the statement in 2021, and there has been a growing interest in this field.<\/p>\n\n\n\n

Difference between Reskilling and Relearning<\/h3>\n\n\n\n

What is the difference between reskilling and relearning? In terms of the purpose, there are quite different factors. The focus of relearning is to enhance individual skills for better performance within the current job role. On the other hand, reskilling is part of a company's business strategy to create new value.<\/p>\n\n\n\n\r\n\r\n\r\n\r\n\r\n\r\n
<\/th>\r\nReskilling<\/th>\r\nRelearning<\/th>\r\n<\/tr>\r\n
Definition<\/td>\r\nAcquiring the skills and knowledge required for new tasks<\/td>\r\nRepeating learning and performing through life<\/td>\r\n<\/tr>\r\n
Objectives<\/td>\r\nEmpowering employees to be professionals for a different job role<\/td>\r\nImproving skills to better perform in current roles<\/td>\r\n<\/tr>\r\n
Subject<\/td>\r\nOrganization<\/td>\r\nIndividuals<\/td>\r\n<\/tr> \r\n<\/tbody>\r\n<\/table>\n\n\n\n

Why is Reskilling Important?<\/h3>\n\n\n\n
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One of the reasons why reskilling is attracting attention is the proliferation and promotion of DX (Digital Transformation) and GX (Green Transformation). Due to technological advancement, companies are now required to make drastic changes in their management structure for strategies, services and workflows. As a result, new job roles and workflows are being created, and it is becoming an urgent need to determine employees who can handle them.<\/p>\n\n\n\nBack to Contents<\/a>\n\n\n\n

Background<\/h2>\n\n\n\n
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When it comes to the background of reskilling, let us focus on three factors: market trends, management strategies and human resource development.<\/p>\n\n\n\n

Market Trend<\/h3>\n\n\n\n

One major factor is the rapid changes in the external environment (market). Three main factors are listed below:<\/p>\n\n\n\n