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The Skilling Imperative for ER&D

August 26, 2022 4845 1 Engineering Research & Design

The Skilling Imperative for ER&D

The combination of technological advancements, changing customer expectations, and the onset of the pandemic has resulted in an increase in digital investments across industries, all of which require digital skills. Majority of companies recognise that the digital talent gap is widening and limiting their ability to drive competitive advantage. The growing talent gap is a major issue for most organisations, and skilling has emerged as one of the most effective ways to address it. Organizations recognise and agree on the importance of reskilling and are investing in a variety of skilling initiatives to upskill and reskill their employees. Additionally, to enable Skilling@Scale, various stakeholders of the Indian ER&D ecosystem need to come together and make collaborative efforts towards skilling talent. The Skilling Imperative for ER&D report delves into the various nuances of upskilling and reskilling talent, as well as the steps Indian ER&D should take to enable Skilling@Scale.

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Key highlights of the report:

· Best practices related to skilling talent and avoiding pitfalls such as talent attrition

· Evolution of skill profiles

· Approaches to build and drive organization’s skilling strategy

· KPIs to measure the effectiveness of skilling initiatives

· Skilling initiatives taken by the ER&D ecosystem stakeholders

· Way forward to drive Skilling@Scale

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