And the single biggest answer to such questions is building on their skills.
A recent report by Emeritus on global workplace skills, based on insights from 6,000+ professionals across multiple countries, found that tech-driven skill gaps were becoming a global issue. About 1,720 Indian professionals participated in this survey.
As many as 53% of those surveyed feared becoming redundant if they did not continue to develop skills; 50% said they did not have the right skills for career advancement.
A critical learning is that this need is being today felt across many career stages, and not just at the early levels. Upskilling on tech-driven skill gaps is becoming a requirement for the mid-career professional and for the senior executive.
Data science provides highest pay scale, followed by big data and data security: Survey
Upskilling irrespective of career stages
For example, at the CXO level, the demand for chief digital officers is on the rise as more companies adopt digital transformation, regardless of their sector or size. Analyst firm Gartner’s IT spending forecast data showed that worldwide IT spending would grow by 4.3% in 2023. IT projects and digitisation efforts are expanding from external, customer-facing efforts to internal optimisation efforts. All of these are shaping the need for people at the leadership levels to have the right expertise to drive complex digital transformation road maps.
The demographics of the Emeritus’ survey also reflected this. In India, the average age of the survey responders was 39 and the average years of experience was 12 years.
Given this environment, how are people looking at jobs and learning?
Google Cloud, ChatGPT top
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