Learning to adapt to changing business landscape

  • Home
  • Featured
  • Learning to adapt to changing business landscape

Learning to adapt to changing business landscape

Changes in the business landscape has accelerated in recent times. This has led to the need for businesses and employees to learn new things to adapt to the new landscape. While adapting to changes can be challenging, learning new things can motivate employees and bring value to the businesses.

The pandemic has changed the way we work

The COVID-19 pandemic has changed the way people work by requiring businesses to accelerate automation. Companies have been working towards automating repetitive jobs through algorithms that can complete administrative tasks.

Due to the need to practice social distancing, workers are also expected to conduct fewer face-to-face meetings. Workers are expected to communicate with colleagues through emails and instant messages. By learning new technologies, workers are becoming more efficient in their work in some cases.

The need for reskilling

The global workforce needs reskilling to future-proof their careers against the expected displacement of millions of jobs and skills instability as a result of technological change. Businesses and economies also need skilled labour to fulfil the millions of new roles that will be created by the Fourth Industrial Revolution, shifts in the global economy, and industrial transitions towards sustainability.

By taking the responsibility of helping people to learn new skills, adapt for future jobs, and creating talent, businesses can create shareholder value. Adopting new technologies gives rise to greater demand for green economy jobs, roles at the forefront of the data and AI economy, and new roles in engineering, cloud computing, and product development. The continuing importance of human interaction in the new economy is also giving rise to greater demand for care-economy roles, such as marketing, sales, content development, and other roles related to people and culture.

Promoting employees' morale and professional growth

Certification is also necessary for employees to have the skills that will enable them to contribute to organisations. As companies must continuously learn and adapt, employees must continuously reskill themselves to stay in their careers and remain credible.

Internationally recognised certifications bridge the gap between knowledge and skills, and do not take long periods of time to acquire. When workers receive certifications, they exhibit credibility, commitment, and specialisations in their fields. Certifications also motivates employees, as they contribute towards employees’ professional and personal growth.

In conclusion, while it is critical for businesses to survive in present times, it is important to look ahead and be prepared to grasp opportunities in the future. When businesses and employees learn new things, they can adapt to the new business landscape, create shareholder value, and care for their stakeholders.

Leave A Comment

en_USEnglish
zh_CNChinese en_USEnglish
X