“According to the World Economic Forum, companies estimate that by 2024, nearly 40% of workers will need up to six months of upskilling.”
The need for cross-training and upskilling workers to retain diverse talent is clear. Investing in your workers, not just at the executive level, shows employees that you value them and are committed to keeping them around. But who are you choosing for trainings, tuition assistance, and career advancement opportunities? Do you have cross-functional buy-in to actually instill change?
“As employers scale upskilling programs, prioritizing lower-wage roles and focusing on the equitable distribution of opportunities among diverse and underrepresented talent will be key to improving DEI outcomes.”
External and internal parties can decipher between virtue signaling and action. Enhancing equitable programs needs to be consistent with a foundational and flexible strategy that provides a cohesive, genuine guide to navigate change. ideascape assists member organizations in developing such strategies to bring cross-functional integration of DEI. Contact Jonathan Dyke and Deon Gaines to learn more.
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For my ideascape articles on building an inclusive workforce, check out below: