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How do you make sure your workforce is fit for future purpose?

Very few athletes in either professional or top-level amateur sport earn enough money to set them up for the remainder of their post sporting lives. That requires sports organizations – governing bodies, national committees, leagues, and individual clubs – to look at formal transition support to help athletes find a career after sports.

After more than nine years as the Vice President of Global Markets, Policy, for General Motors and a long career on Capitol Hill in Washington, D.C., Lee Godown was not interested in retirement. He wanted to step back, figure out what was most important to him and then decide what he was going to do next.Reuben Cohen U.S. Managing Director, LHH Leadership Transition Practice, International Center for Executive Options (ICEO)

Undeniably, there is an urgent need to unleash a new generation of reskilling and upskilling initiatives to enable as many people as possible, as quickly as possible, to prepare for the jobs of the future.

Organizations are waking up to the fact that investing in reskilling and upskilling to prepare employees for the future is ultimately good for their people and their business.

Far too many organizations are ignoring an impending talent crisis, ready to apply corrective re/upskilling measures to career management problems that could have been prevented with advanced planning.

People who embrace lifelong learning and bring a growth mindset to their careers are more likely to take on new challenges and are typically better able to cope with disruption and adapt to change. These attributes will serve them well, enhancing their employability both now, and throughout their journey.

Michael Priddis, CEO of Faethm, shares the opportunities for companies that adopt a data-enabled and human-first approach to workforce transformation, in response to automation, COVID and recession, to rapidly upskill and reskill their workforces to transition to the jobs of tomorrow.

It’s time to change the way we think about and deploy learning within organizations. We need this shift not only to meet future skills needs, but also to start mining the maximum value possible from human capital, the real engine of growth and success.

When building a coaching culture, leaders must keep these three must-know qualities in mind to successfully create the conditions to generate new ideas while keeping employees confident and engaged.

For organizations struggling to find their way in a world reshaped forever by COVID-19, three practices can help companies more effectively manage downsizing, minimize layoffs, and enhance their talent strategy with reskilling, upskilling and redeployment.