Individual up-skilling

Abstract

This paper explores the uncertainties in job market and how Up-Skilling helps the individual to face such uncertainties, change in technologies and pressure due to globalization. Acemoglu and Restrepo (2018) note that workforce upskilling may be of particular value given the recent technological changes rapidly and led to the emergence of Artificial Intelligence and work automation. They also warns against the loss of potential productivity due to the gap and mismatch of required skills in new technologies. They also specified that rapid rollout out automation and new technologies is relatively easier when the workforce retraining happens toward bridging the skill gaps. We are also going to discuss the internal and external hurdles faced by individual to learn and grow in this competitive world. This paper examines the challenges faced by each individual to be a successful person through Up-Skilling. Educational system during young age and Training & Development opportunities in the organization during earlier stages of career path motivates every individual for their initiatives and efforts towards Up-Skilling. Workforce with right Up-Skilling can make successful organization irrespective of any critical situations.