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Docebo

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Mike Byrne: Upskilling is crucial for business survival: can you afford to cut your L&D budget?

Docebo

As the UK navigates the post-pandemic economy with rising inflation and prepares to endure a macro-economic downturn, many organisations are going into survival mode, highlights Mike Byrne, Vice President of Sales EMEA at Docebo. Historically, during periods of economic uncertainty, L&D projects were once considered non-essential.

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Buy yourself a piece of L&D history this holiday season through Docebo’s NFT for Charity project

Docebo

As mentioned, we’ll be donating all of our auction proceeds to these three charities: Lunar Startups specialize in economic empowerment, growth, connection, and innovation for Black, Indigenous, people of color (BIPOC), LGBTQ+, women, and non-binary entrepreneurs.

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The importance of upskilling and reskilling in the aftermath of COVID-19

Docebo

Economic impacts of COVID-19. Economic impacts of COVID-19. As a result, employees will have a greater wealth of knowledge, become used to problem-solving for what your industry and what the market demands, allowing you to leverage their skills to carry your organization across murky waters.

Agile 190
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Digital Transformation is mainly about People Transformation

Docebo

As Digital Transformation cannot happen without diffusing “a culture that supports change , Learning Culture contributes to an environment that: Fosters Learning Agility: In the Future of Job Report, the World Economic Forum explains that “by 2022, the skills required to perform most jobs will have shifted significantly”.

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The Importance of Upskilling and Reskilling During COVID-19

Docebo

Economic impacts of COVID-19. Economic impacts of COVID-19. As a result, employees will have a greater wealth of knowledge and become used to reacting to what your industry and what the market demands, allowing you to leverage their skills to carry your organization across murky waters.

Agile 144
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Managing Skills in The Face of Continual Change

Docebo

According to a report by the World Economic Forum, in collaboration with The Boston Consulting Group, managing skills in the digital age requires organizations to harness technology that enables them to leverage a data-driven approach to lifelong learning and smart upskilling.

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New Learning Technology Means New Opportunities

Docebo

In fact, research from the World Economic Forum says, the growth of artificial intelligence could create 58 million net new jobs in the next few years. The Need For Experts . Most AI tools as they exist right now are only about 80% accurate and require further input plus fine-tuning to produce even better results.