Businesses Urged to Upskill in Digitalisation and Sustainability for Competitive Edge

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Most Irish businesses are recognizing the need for upskilling their workforce to stay competitive in today’s rapidly evolving landscape, according to a recent survey conducted by Ipsos Behaviour & Attitudes for Skillnet Ireland.

The research revealed that a majority of businesses believe that upskilling in digitalization and sustainability will be crucial for their employees. Among the 500 business leaders surveyed across various industries and regions, 65% stated that upskilling for the digital transition is essential, while 59% emphasized the importance of upskilling in climate action and sustainability.

When it comes to large businesses, the survey highlighted specific key areas for upskilling, including robotic process automation, cloud computing, and artificial intelligence. This underscores the significant role that technology plays in today’s workplaces.

The study also indicated that larger companies have a more positive outlook compared to small and medium enterprises (SMEs), with 94% expressing confidence about the future, while only 49% of SMEs shared the same sentiment. Additionally, over half of SMEs reported challenges in recruiting employees with the necessary skills, particularly in cybersecurity, financial management, sales, and marketing – crucial skills for driving growth.

Paul Healy, the CEO of Skillnet Ireland, emphasized the importance of supporting businesses in enhancing their competitiveness by addressing skills gaps. He noted that as businesses navigate the digital and climate transitions, maintaining a strong talent pipeline is essential for overcoming these challenges.

In conclusion, the survey findings underscore the critical role of upskilling in digitalization and sustainability for businesses to thrive in today’s dynamic environment. As technology continues to reshape industries, investing in employees’ skills will be key to staying ahead of the curve and driving growth.

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Frequently Asked Questions (FAQs) Related to the Above News

What is the importance of upskilling in digitalization and sustainability for businesses?

Upskilling in digitalization and sustainability is crucial for businesses to stay competitive in today's rapidly evolving landscape. It allows companies to harness the benefits of technology and address environmental challenges effectively.

What are some key areas for upskilling identified in the survey for large businesses?

The survey highlighted key areas for upskilling in large businesses, including robotic process automation, cloud computing, and artificial intelligence. These technologies are essential for enhancing operational efficiency and driving innovation.

How do the outlook and challenges differ between larger companies and SMEs in terms of upskilling?

Larger companies have a more positive outlook, with 94% expressing confidence about the future, compared to only 49% of SMEs. Additionally, over half of SMEs reported challenges in recruiting employees with the necessary skills, such as cybersecurity, financial management, sales, and marketing.

Why is maintaining a strong talent pipeline essential for businesses navigating digital and climate transitions?

A strong talent pipeline ensures that businesses have the skilled workforce needed to adapt to digital and climate transitions effectively. By investing in employees' skills, companies can stay ahead of the curve, drive growth, and overcome challenges in today's dynamic environment.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

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