The ROI of Upskilling and Reskilling Your Workforce

60 min. Aired Wednesday November 3rd | 10am PT / 12pm CT

Submitted for 1.0 certification hour to HRCI/SHRM through 12/31/2021

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The ROI of Upskilling and Reskilling Your Workforce

The ROI of Upskilling and Reskilling Your Workforce

The United States has been in a labor shortage for years. COVID19 masked it. Now it has returned, and many employers are already struggling to find the employees they need. Heavy doses of recruiting and traditional solutions will not provide your organization the talented workforce you require in the digital age.

Leading edge employers are turning to reskilling and upskilling their workforce as a solution. Attendees will learn how reskilling and upskilling can provide them with the talent they need and reduce their turnover costs, providing a great return-on-investment. As always, the first step is to create the business case for your organization. The next step is to take an interest in your workforce.

What you will learn

  • Defining of Upskilling and Reskilling.
  • Factors driving the need for upskilling and reskilling.
  • Which skills?
  • The economics of developing your workforce.
  • Mapping skills required on job families.
  • Return on investment for upskilling and reskilling.

About the Speaker - Victor Assad

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Victor Assad is the CEO of Victor Assad Strategic HR Consulting, Managing Partner of InnovationOne, and Sales Advisor to MeBeBot. He works with companies to transform HR, conduct executive and technical search, implement remote work, and improve leaders, teams, and cultures of innovation.

Victor is the author of the highly acclaimed book, Hack Recruiting: The Best of Empirical Research, Method and Process, and Digitization. In 2020, he has also published, with The Conference Board, new research on the traits of highly innovative companies, Useful and Emerging Practices of Highly Innovative Organizations in the Digital Era. In response to COVID19, Victor published a new guidebook on how to safely and effectively reopen in the Post-COVID19 office environment with remote work, 9 Steps to Implement a New Post-COVID19 Office Environment.

Victor has been an active member of executive business teams and the leader of human resources organizations in fast growth, high-technology, global businesses of Honeywell and Medtronic. He has led HR from Mumbai to Milano. Victor holds a Master of Arts Degree in Human Resources and Industrial Relations from the Carlson School of Management at the University of Minnesota. He has executive leadership certifications from Harvard and Kellogg. He and his wife live in Scottsdale, AZ.

Important About Accreditation

This webinar has been submitted by HRCI/SHRM for 1 (one) general RCH credit until 12/31/2021. You must watch the entire one-hour recording session per HRCI and SHRM rules and regulations to qualify for credit. If approved, you will be sent an email containing program codes within 30 days of the date of presentation.

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