While you may recognize that upskilling is essential, how you approach it can vary. There’s no one-size-fits-all approach when it comes to developing teams, especially when you’re addressing skills gaps across teams of varying sizes.
Here are some of the best employee development courses for small, medium, and large teams.
Artificial intelligence (AI) has quickly become part of our everyday lives, and it’s rapidly transforming how we work. A Gartner study reported that the use of AI in business grew by 270% in a four-year period, and that AI is seen as a game-changer in the face of a talent shortage.
As organizations use AI to help address their skills gap, there are a number of surprising ways they can use AI to help with team development. AI has the potential to transform your workforce by upgrading your team development programs.
Here are five ways that AI can enhance your employee development and upskill your team.
Hiring new employees to fill skills gaps can be costly and time consuming when it comes to filling emerging tech and digital roles. A Gallup survey reported that the cost of replacing an individual employee can range from 50% to 200% of the employee’s annual salary. That’s why focusing on team development and upskilling your current employees is often a better solution.
A Gallup survey also reports that “the cost of replacing an individual employee can range from one-half to two times the employee’s annual salary.”
As critical as upskilling is, it’s important to identify potential challenges to initiating a company-wide upskill before you get started.
Here are some of the most common challenges when focusing on team development and upskilling, along with recommendations for how to mitigate them.