If you think upskilling is expensive… think again.. Not Upskilling could cost you your business
Amazon announced this week that it is investing $700M to retrain ⅓ of its global workforce. Given that Amazon is one of the largest companies in the world in terms of market capitalization, at KloudLearn we believe that this is a sign of things to come.
When we talk to our customers and business leaders across the globe, finding and optimizing the right talent is one of their highest priorities. Any organization is only as good as its people, and forward thinking companies like Amazon realize that providing them skills they need in the 4th industrial revolution is what will define them.
In light of this Amazon launched its Upskilling 2025 initiative. Amazon conducted a fascinating study on the nature of their changing workforce. What they found was that Amazon internally had many skills gaps for roles with specialized skillsets in areas such as Robotics, Language, and Applied Science.
According to the Bureau of Labor Statistics: ‘There are more job openings in 2019 (7.4 million) than there are unemployed Americans (6 million)’. At KloudLearn we see this as an opportunity to do our part in creating a platform for individuals to enhance their skillsets and transform their careers.
Amazon realized that the jobs of tomorrow won’t look like the jobs of today, a harsh realization that many organizations will have to face as well. KloudLearn’s Personal Learning Cloud makes it as simple and easy as possible to create the content your employees need, keep track of their progress, and empowering them with the skills they need for today and tomorrow. What are you doing upskill your workforce?