When it comes to future-fitting your workforce, focussing on skills is an important step. Yet, many upskilling strategies are still missing the mark. The confusion often starts with a lack of differentiation between upskilling, reskilling, and cross-skilling, and a blurry understanding of the role each plays in equipping your organization for the future of work. Although the two terms sound similar, several characteristics set them apart.
While both upskilling and reskilling are about learning new skills, the context for each is a bit different. Upskilling is focused on helping employees become more knowledgeable and develop new competencies that relate to their current position, while reskilling is about equipping workers to switch lanes and move into new roles within your organization.