Reskilling in the Age of AI

Summary: Advances in technology are driving rapid skill demands, with AI disrupting even knowledge-based work. The half-life of skills is decreasing, necessitating reskilling and upskilling. Companies now view reskilling as a strategic imperative, aiming to acquire talent ahead of competitors. Senior leaders champion reskilling initiatives and recognize it as a shared responsibility. Reskilling programs should resemble change management initiatives, involving understanding supply and demand, recruiting, shaping middle managers’ mindsets, providing training in the flow of work, and matching reskilled employees to new roles. Engaging employees in reskilling programs and creating a supportive ecosystem are essential. Reskilling is poised to address the challenges of an automated future.

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