The Secret to Success: A Great Employee Development Plan

Products and services are a key part of any business, but really, they’re just the tip of the iceberg. 

The true success of any company comes from the people within the organization. The employees are the foundation that keeps the business stable while it grows.

The real secret to success, and keeping your employees happy, is with an employee development plan.

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5 Enterprise Upskill Strategies for 2021

Hiring a bulk of new external employees to fill skill gaps is costly and time consuming, especially when it comes to emerging tech and digital roles.

So what’s the best way to get workers with the technical skills you need while keeping everyone happy and not breaking the bank? Upskill your current employees.

If you don’t already have training as a part of your company culture, establishing an upskill strategy may sound a little intimidating. Have no fear. A recent PwC study shows that despite challenges like management buy-in, employee engagement and budgetary approvals, over 70% of employees typically want to upskill, either to be more innovative at work or increase their status. 

Giving the people what they want — opportunities to upskill on the job (and better yet, letting them lead the way) — is the key to a successful enterprise upskill strategy. 

Here are five strategies for leading an enterprise upskill  for your team.

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Why Upskilling Your Workforce is Your Best Option

You likely hired the employees you currently have at your business because they’re smart, capable and motivated. Unfortunately as time goes on, their skills can fall a little behind the times, especially when it comes to technology.

According to a recent PwC report, 79% of CEOs surveyed reported a lack of skilled workers is threatening the growth of their businesses. The good news is that there is a solution. Upskilling — training existing employees to learn new skills — can help businesses succeed, even in difficult times.

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Setting Goals Before Starting Your Company-Sponsored Nanodegree Program

Working a full-time job while simultaneously upskilling through our Nanodegree programs isn’t an easy task. To make the most out of your learning journey, you should set goals before starting your Nanodegree program. If you don’t have a target to shoot for, your time and effort will be a waste of energy. However, focusing on clearly-defined objectives can help you align your priorities, expand your skill set, and grow your career.

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