The fourth industrial revolution is here, and the world of work is shifting at breakneck speed. With continuous digital advancements, soaring unemployment rates and the economy under increasing pressure… are you keeping up?
REGENT Business School invites you to be the future. We believe that upskilling through education is your chance to stay ahead of the curve and remain competitive in today’s rapidly changing economy.
This article is for anyone looking to unlock their potential, advance their career, boost their earning potential and increase job satisfaction in today’s demanding job market through the power of upskilling.
What is upskilling?
According to a study by Amazon and Workplace Intelligence, as much as 70% of people don’t feel prepared for the future of work. Upskilling could be the answer they’re looking for. But what does it mean?
Upskilling means acquiring new skills and knowledge to enhance or expand your current abilities and capabilities through continuous learning. This could mean taking courses in a new field or updating your existing expertise to keep up with the latest developments in your industry.
The benefits of upskilling
Upskilling offers many benefits to individuals, including improved job security, higher earning potential, career advancement, job satisfaction and personal fulfilment. Let’s look at these in turn.
Improved job security
Today’s job market is very different from that of a decade ago. New technologies and industries are constantly being introduced and revolutionising the way we work. The rate of change is accelerating, and the demand for new skills is endless.
Job security is no longer guaranteed, and therefore the responsibility to remain employable often falls to the individual. Unfortunately, those who fail to adapt risk being left behind.
However, upskilling can reduce the risk of unemployment and help individuals stay agile and be best positioned to succeed in job loss.
Increased earning potential
People can command higher incomes and boost their earning potential with the correct mix of skills and experience. This is especially true for those who have upskilled in in-demand skills and are subsequently able to bring valuable knowledge and expertise to their job.
Career advancement
Upskilling also provides individuals with opportunities for career advancement and growth. It may open doors for individuals to take on new responsibilities, move into new roles, and advance their careers. This not only leads to greater job satisfaction but also helps individuals to reach their full potential.
Personal fulfilment
Upskilling with future-fit skills also leads to better work satisfaction and personal fulfilment.
Developing new skills allows individuals to tackle new challenges, take on new responsibilities, and increase their organisational contributions. This may help individuals to feel more satisfied with their lives outside of work.
Considering these incredible benefits, it is clear that upskilling should not be overlooked. It is undoubtedly a critical step in helping individuals achieve both their career and personal goals.
Finding in-demand skills
We’ve discussed how quickly technologies and industries are changing, so identifying which skills are in demand and which are becoming obsolete can be difficult.
So, what fundamental skills should you look for to remain employable and contribute effectively to your organisation in the overall economy?
And how can you identify where to focus your upskilling efforts?
You can find the answers by keeping your finger on the latest developments and trends occurring in your industry. Here are some suggestions for how to find in-demand skills that you can develop:
- read industry publications
- attend conferences
- network with professionals in your field
- talk to employers and recruiters
- browse the courses available at REGENT Business School
These suggestions provide valuable insights into the skills that may be desirable in the 21st Century Workplace.
Upskilling through education
Studying is one of the most effective ways to acquire new skills and knowledge. Whether you are a new graduate or an experienced professional, there is always an opportunity to learn something new.
The process of studying involves immersing yourself in new information and taking the time to understand it thoroughly. Through this process, you can develop critical thinking skills, improve your problem-solving abilities, and expand your knowledge base.
The key to upskilling success through education is approaching it with a growth mindset, aiming to challenge yourself and push the boundaries of your knowledge and abilities.
Options for study
There are many programmes and courses available for those looking to upskill. These range from short-term courses and workshops to more extensive postgraduate programmes, degrees and certifications.
How can you choose the right one for you?
Choosing the right course
The right programme will give you the competencies, confidence and credentials you need to advance your career and reach your goals. When choosing a programme for upskilling, it is important to consider:
- your current skills and career goals
- the quality and reputation of the institution
- the programmes’ curriculum and resources
- cost and duration of courses
- how the courses are taught.
REGENT Business School is a reputable institution that can provide you with access to high-quality resources, a network of industry professionals, and a well-respected qualification.
Our curriculums are robust and agile, informed by industry to ensure they are future-ready.
Plus, we embrace technology in all facets of our teaching, from communicating information to improving curricula and adapting to different learning styles. Our online courses are accessible to anyone, anywhere, making upskilling more convenient and accessible than ever before.
Unlock your potential with upskilling
Now you understand the critical role that upskilling through education plays in providing the knowledge and skills that can lead to greater job security, higher earning potential, and a more fulfilling career.
Next, you need to consider the right programmes and courses for you.
REGENT Business School offers a range of options, such as the Bachelor of Business Administration, the Diploma in Public Relations Management or the Higher Certificate in Accounting, to help you upskill and future-proof your career.