The New HR Focus: Reskilling

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The New HR Focus Reskilling
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Need for Change and Challenge Theres a saying
that goes, You cannot teach old dogs new
tricks. Such a notion, however, ought to be
challenged in present times. This is the basic
reason that the world is changing. With rapid
developments in modern technology, certain skills
and processes may become obsolete, thus leaving
HR no choice but to recon?gure work processes,
systems, and more importantly, reskill their
company employees. A reluctance to do so would
not only see them lose essential manpower, but in
the
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process, Cause them to fall behind competitors
who are proactively looking at means to upgrade
their workforce and various resources. So, should
you reskill your workers today? Progress and
Leveraging on Technology
Ever since the dawn of time, humans have had to
undergo several changes with regards to work.
From the labour-intensive Bronze Age, to the
heavy-duty industrial age to todays heavily
digitalised world, the manner in which work is
carried out has gotten drastically
different. The one common driving force behind
these eras however, would be technology.
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As time progresses, the developments in
technology have disrupted operational procedures
with new, better ways of getting things done.
With businesses, it has always been swim or
sink, evolve or go extinct. Reskilling A
Constant Need
There always exist a need to prepare for the
future. As such, it is highly advisable that you
be pre-emptive in your business approaches so as
to ensure that your companys workforce remains
well-versed in their ?eld of expertise. Let us
give you an example.
Amazon , one of the biggest tech-giants of this
current generation, has been taking
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a proactive approach when it comes to improving
the knowledge and technical know-how of its
employees.

• For instance, in 2019, the company pledged a full
  700 million to upgrade their
• workers in higher-order skills in various areas,
  several of which are listed below.
• Machine Learning University A high-tier
  strategy to enable workers to be well- versed in
  various machine learning skills.
• Amazon Technical Academy A platform to help
  transition workers with no prior-knowledge into
  roles involving software engineering.
• Amazon Career Choice A pre-paid course to equip
  various associates with the relevant skills and
  know-how to be employed in high-demand positions
  of their choosing.

Amazon, possessing the necessary foresight, has
conceptualized a multi-pronged approach to the
development of their workforce.
They have granted prospective internal hires and
employees the means to revamp themselves by
providing an avenue for them to be re-educated
about certain industry information and
know-hows, thus expanding the breadth and depth
of their knowledge.
Amazons plan of approach had several
outstanding bene?ts. Firstly, despite
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technology being a common enabler across the
industry, the organization's pro activeness has
managed to keep the company at the number 1 sport
for ecommerce goods in the US market by a
signi?cant margin. The company experienced a
38.6 increase in revenue from 2019 to 2020, that
is upwards of 296 billion. Moreover, in addition
to this, across all online channels, Amazon
reported a net income of 21.33 billion dollars
within this same time period, an increase of
83.9.
What Amazon achieved is no mean feat. All the
success that the company has achieved was in
spite of the disruptions to usual operations
caused by COVID-19.
This shows that if you equip your employees with
the necessary tools and new skills needed to help
the company, go over and beyond expectations.
Through upgrading and reskilling, companies will
be able to reap the rewards of more meaningful
knowledge and ?exibility for greater e?cacy and
e?ciency.
The Scene in Singapore
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With Singapore being an international business
hub, it is vital for the survival of
our countrys economy that we continue to
re-train and upskill our workers. This is also a
sentiment echoed by the government, with the
Enhanced Training Support Package , aimed at
upskilling and retraining, being extended by a
further 6 months.
Even before the start of the pandemic, the
government has been actively encouraging
businesses to look at means of upgrading the
skillsets of their workers. If anything at all,
COVID-19 has further proven that adapting and
changing with the times is an utmost must to
remain competitive in todays economic climate.
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In A Nutshell Technology has and will continue to
be a disrupt to many industries and businesses.
The skills and knowledge required by your team is
constantly changing. As such, there is a
constant need to be on your toes, and be
proactive when it comes to engaging your
workforce. Through reskilling and training,
company employees will have their skillset
expanded such that they will be well- versed in
their ?eld of work, thus bringing consistent
value to the business. All in all, this will
help ensure that your organization remains at the
forefront, leveraging upon prevailing
circumstances to remain a step ahead of the
competition.
In term of acquiring new knowledge, why not start
off with QuickHR ? Our top-of- the-line Learning
Management System allows your company to partake
in various internal and external eLearning
modules from our exhaustive marketplace of off-
course providers. Customizable and with built-in
analytics, HR will be alerted to areas of
concern such that greater focus towards such
areas can be emphasized for an ever-learning
workforce. Once again, we hope that you've
enjoyed a good reading. And remember, Think Now,
Think Far, Think QuickHR. Get in touch with us
at quickhr.co/contact-us to ?nd out more about
our state-
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