The truth is that the changes of the next 20 years will be equivalent to the changes of the last 200 and that the next decade will be the most important one in the history of mankind. The acceleration of the digital transformation brought about by the pandemic revealed to us a rapidly changing landscape, not only in the functioning of the state or business, but also in the human dimension, the working behavior of talents and especially in what is defined as such, redefining an important factor of the “future of work”.
One of the characteristics of our future is that, in a world that is constantly changing, we cannot thrive as organizations and businesses, if we rely on static knowledge and skills. This is because skills have now lost their long-term viability – their useful life expectancy is on average two to five years for business skills and just one and a half years for more technical skills. By 2025, it looks like 50% of workers will need retraining, as automation will eliminate 85 million jobs worldwide. However, 97 million new roles will be creayed in the labor market to respond to the new data, with one in two employees recognizing the importance of Artificial Intelligence (AI) as an essential skill they will need for their future. This seems to be a concern for CEOs worldwide, with 73% of them considering that the lack of skills and talent in the labor market consists a significant point of disruption.
So, one would think that organizations should, more than ever, invest in Upskilling and Reskilling programs. Indicatively, 41% of the executives of this year’s global survey Human Capital Trends of Deloitte stated that creating workforce opportunities through Upskilling, Reskilling and inward movement is one of the most important organizational actions they undertake to transform work.
However, is Reskilling capable of preparing the future human resources? Reskilling, although now necessary, is not a solution for the long-term and sustainable development of employees and consequently of organizations. If the skills do not have the life span we want and need constant renewal, then even more important than any individual skill is the deeper ability of people to acquire, apply and adapt their skills to the environment and the needs that arise. To evolve. To adapt. “Human abilities” are defined the elements such as resilience, emotional and social intelligence, empathy, adaptability, critical thinking, creativity and collaboration. Elements that have a longer duration and a wider application, regardless of conditions and timing. By investing in these characteristics, we strengthen the readiness of the workforce in the face of any future disruption, while, at the same time, the ability of people to renew their skills is now directed towards the adoption of a “thrive mindset”.
D. Koutsopoulos is the CEO of Deloitte Greece.
Latest News
NATO Secretary General Rutte to visit Greece
Former Dutch PM Mark Rutte, the Alliance's new chief will first visit Ankara a day earlier to meet with Turkish leadership
PM Mitsotakis from Naxos: Decarbonization Fund to Facilitate Islands’ Green Transition
“The resources will help connect the islands to the mainland's electricity grid," he noted.
Retail Sales in Greece Up 0.8% in Q4 2024: ELSTAT
Retail businesses in the food and fuel sectors posted a turnover of €6.82 billion in Q3 2024, a 1.2% increase compared to €6.73 billion in Q3 2023
September in Greece Winning Tourists Over from US, Germany
Tourists continue to visit Greece off-season into Sept. with the number of inbound travelers up by 6.6% and a 7.9% rise in travel receipts.
Bank of Greece Governor Says EU will Retaliate to Trump’s Tarrifs
The Bank of Greece Governor defended the independence of central banks amid criticism from U.S. President-elect Donald Trump, who had publicly commented on Federal Reserve Chair Jerome Powel
September in Greece Winning Tourists Over from US, Germany
Tourists continue to visit Greece off-season into Sept. with the number of inbound travelers up by 6.6% and a 7.9% rise in travel receipts.
Bitcoin Surges Toward $100K Amid Pro-Crypto Optimism in US
According to Reuters, the cryptocurrency surged to an all-time high, briefly exceeding $96,898 during Asian trading hours.
Greek Driver Violations at a Touch of a Button
Traffic offences recorded in the last five years by Greece’s “Driver Behavior Control System” are now available on Gov.gr Wallet
Milan Tops List of Most Expensive Streets, Athens’ Ermou Holds Steady at 15th Place
In Athens, following Ermou Street is the southern suburb of Glyfada and Tsimiski Street in Thessaloniki.
New Gov.gr Service Enables Secure Reporting of Minor-Related Delinquency
It should also be noted that via the recently introduced initiative ‘Safe Youth’ application citizens have access to specially tailored informative material regarding the safety of children and adolescents