For many SMEs, merely keeping up with the knowledge required to remain competitive is a full-time job – let alone training staff to become competent in those areas.
Training and educating staff is an ongoing struggle. As technology and data underpin every industry, competency in key areas won’t just be a matter of hiring the best people for the job – it will also be about training existing workforces.
This difficulty is already beginning. One 2015 report from Slade Group found nearly a quarter of Australian businesses find it hard to get employees with digital skills. According to PwC, 77% of CEOs are struggling to find the “creativity” and “innovation” skills they require.
Yet despite training and education being more easily accessible than ever before, businesses aren’t taking hold of these opportunities.
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According to the 2017 SmartCompany SME Directions Survey, only 21.4% of respondents will be investing in education and training in the next 12 months. Yet 49.7% of respondentshighlight a moderate skills shortage in their industry, with 16.4% highlighting a huge skill shortage in their industry.
Half say they will need to ‘train up existing staff’ to meet their changing needs.Whatever the size of the business, the goal is the same: to equip staff to understand the skills businesses need today, and to develop a sense of motivation and self-determination for continuous learning in a world where change is now a constant.
The world is fast-paced, and it’s not slowing down. This ebook will help you with your journey to prepare your team for the future.