Skill, Reskill & Upskill

Reskilling and Upskilling: A Strategic Response to Changing Skill Demands

The 2018 Future of Jobs Report from the World Economic Forum predicts that 75 million jobs will be displaced by 2022 in 20 major economies. At the same time, 133 million new roles are expected to be created, driven by advances in technology and continuous digital transformation.
As demand for new capabilities gathers pace, reskilling and upskilling can enable your organization to develop the skills needed to remain competitive.

Reskilling versus upskilling

According to the Cambridge dictionary:

Upskilling is the process of learning new skills or of teaching workers new skills.

Reskilling is the process of learning new skills so you can do a different job, or of training people to do a different job.