PEOPLE | UPSKILLING
Digital upskilling – from beneficial to business imperative Businesses are not only increasingly recognising the benefits an upskilling program can bring ( Udemy Business has seen a 44 % increase in its customer base over the last year ) but importantly the consequences if they don ’ t implement one .
According to an IPSOS report on Talent Transformation , 46 % of enterprises have experienced project delays due to the lack of job-ready digital talent and 59 % report that not having enough skilled employees has an impact on their business .
“ The lack of highly skilled digital talent in critical technologies is impacting business outcomes , employee retention , and innovation ,” says Sarah Reynolds , Chief Marketing Officer at global online talent transformation platform Udacity .
Sarah says it is simply a matter of “ bad planning ” if organisations are not already building out their digital capabilities , as digital maturity is already essential to business success .
She cites a Deloitte report which showed a 30 % difference in revenue growth between digitally mature companies and those that hadn ’ t made much progress with their digital transformations .
“ As a company today , if you are not already looking at digitally upskilling your workforce , you are a step behind .”
Greg Brown , President of corporate learning solution Udemy Business tells Business Chief that while digital skills were once considered a nice-to-have , they are now a must-have for organisations given continuous technology advancements and the new hybrid work environment .
“ Providing employees with the opportunity to learn in the flow of work has never been more critical as organisations continue to undergo massive shifts to keep pace with innovation while also navigating an ongoing battle for relevance .”
“ Providing employees with the opportunity to learn in the flow of work has never been more critical as organisations continue to undergo massive shifts to keep pace with innovation while also navigating an ongoing battle for relevance ”
Greg Brown President of corporate learning solution Udemy Business
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