A DeVry University Recap

Executive Leaders Network Event

By Dave Barnett

May 10, 2024
2 min read

The Future of Workforce: Charting a Path Through Upskilling and Reskilling

In a fast-evolving business world driven by artificial intelligence (AI), rapid technology and automation adoption and workforce psychographic shifts, the upskilling and reskilling of employees has shifted from being a strategic option to a necessity for sustained success. Recently I had the pleasure of telling this story at the Executive Leaders Network (ELN) event Redefining Workforce Strategies: Navigating the Future of HR to drive home the impact of upskilling initiatives.

Here’s a look at some of my takeaways from the event:
  • Hyper-Change and Skills Gaps in the Workforce: With tools and technologies continually redefining job roles, the spotlight on skills training has painted a picture of the current workforce’s vulnerability.

  • The Say/Do Gap: Despite overwhelming claims of supporting upskilling initiatives, the reality is that only half of workers are using paid upskilling benefits offered by their employers.1

  • Build or Buy Skilled Talent: When it comes to talent, the build or buy question has long vexed corporate leaders. With the shelf life of skills significantly shortened in the face of technological advancements, the argument for building talent from within becomes even more compelling.

  • Engaging Your Workforce: By incorporating career path discussions in day-to-day interactions and providing clear pathways for advancement, organizations can create an engaged and future-focused workforce.

  • Being a Trusted Partner: Whether it's allocating dedicated time for learning, providing tuition benefits for education or offering flexible scheduling options to accommodate learning, organizations should be a partner in their employees' success. Foster a culture of support and collaboration and cultivate a workforce that feels valued, empowered and equipped to achieve their fullest potential.

  • Choosing Good Partners: Collaborating with trusted allies who share your organization’s commitment to employee growth and empowerment is crucial. By joining forces with reputable partners, you can better equip your employees with the tools, resources and guidance they need to thrive in their careers and beyond.

 

You can watch the full event in the replay video below.

1Closing the Activation Gap | DeVry University (2023)​

About Dave Barnett

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Chief Administrative Officer, DeVry University

Dave Barnett is the chief administrative officer for DeVry University. In this role, Barnett is focused on aligning DeVry leadership and talent to achieving the University’s most important work, while also helping its partners with talent strategies to do the same. He has responsibility for leading our DeVryWorks partnership strategy, while also driving the direction of Human Resources, Diversity Equity & Inclusion, Public Relations, Communications and Alumni Relations efforts for the University.

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