Re-skilling and Up-skilling Is the New Competitive Advantage
The concept of competitive advantage does not merely pertain to the market share or product innovation. It is becoming more talent advantage based the aggregate ability of your employees. As the rate of technological change grows and the market needs change almost overnight, organizations are confronted with a very serious decision to make. Either keep on searching new talents in an already closed market or to develop the talent that companies already possess in a more strategic way. A potent combination of Reskilling and Upskilling is the solution to many progressive companies 🔄 What is the Difference and Why is it Important at this Time More Than Ever Before❓ (MentorCliq, 2025) Though the terms reskilling and upskilling are used interchangeably, the two concepts have different purposes that are equally important. The term up-skilling relates to the impartation to employees of new and advanced skills that add to their existing job or workers on how to do the sa...