Risks and Opportunities of Employee Reskilling Initiatives

Employee reskilling initiatives empower organizations to close skill gaps, boost adaptability, and align workforce capabilities with business goals. Research shows that the top priority for workers is the opportunity to learn and grow within their roles. Despite this, many employees face significant risks from automation and technological disruption, which threaten job stability. At the same time, business leaders recognize the importance of human skills like adaptability, creativity, and collaboration as essential for building a resilient and future-ready workforce. These trends highlight an urgent need for employers to rethink how they approach talent management and development.

Employee reskilling initiatives have emerged as a critical solution for bridging this gap, empowering organizations to address skill shortages while equipping their workforce for the challenges ahead. However, implementing these initiatives requires strategic planning and investment. To make a strong case for reskilling, HR and talent leaders need to understand the costs, risks, and opportunities involved. This understanding is crucial not only for future-proofing the workforce but also for maintaining employee engagement and fostering internal mobility.

In this session, renowned researcher and industry leader Ben Eubanks will present the latest insights on the impact of employee reskilling initiatives. Using real-world data and case studies, he will explore how organizations can identify existing skills within their workforce and design effective reskilling programs. These programs not only fill critical skill gaps but also enhance employee satisfaction by providing clear pathways for growth and development.

Eubanks will also discuss strategies for charting a path to success in reskilling efforts. From aligning reskilling initiatives with business goals to leveraging technology for skill tracking and development, attendees will gain actionable insights into building robust talent mobility strategies. This conversation is designed to help HR and talent leaders craft a compelling business case for investing in employee reskilling initiatives, ensuring long-term organizational success while supporting employees in their professional growth.

Join this session to learn how reskilling can transform your approach to workforce development, improve adaptability, and unlock the full potential of your talent.

Presenters:
Ben Eubanks – Principal Analyst, Lighthouse Research & Advisory

To learn more, request a demo.