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THE UPSKILLING REVOLUTION: TOP 5 OPPORTUNITY AREAS COMPANIES MUST FOCUS ON FOR FUTURE GROWTH

The Daily Guardian

|

November 06, 2024

During my recent conversations with CXOs across sectors, they all have been vocal around how continuous investment in self is so pivotal to stay relevant, more now than ever before.

- MAYANK VERMA

THE UPSKILLING REVOLUTION: TOP 5 OPPORTUNITY AREAS COMPANIES MUST FOCUS ON FOR FUTURE GROWTH

It is becoming more and more important to deliver value for stakeholders and stay competitive. And the fact of the matter is, the growth in career & leadership success is a function of delivering value!

According to a recent report by one of the Big 4 firms, 62% of Indian workforce believe the skills needed for their current roles will change significantly over the next five years. This reveals a crucial concern for professionals across generations: what capabilities will be relevant for both existing and future roles?

For emerging CXOs aiming to lead their organizations through transformation, continuous learning is no longer optional; it is a strategic imperative. Leaders today must champion lifelong learning to remain competitive, fuel sustainable growth, and lead in the face of disruption. Below are five key focus areas that emerging leaders should prioritize to thrive in this new business landscape.

1. EMBRACING DIGITAL ADVANCEMENTS Technology is in the center of modern businesses, but successful leadership is looking at more than just technical know-how. Emerging CXOs need to understand digital transformation strategies and how technologies such as AI, blockchain & cloud computing can enhance operational efficiency. Moreover, tech-savvy leadership must be coupled with emotional intelligence & change management to guide teams through uncertainty and foster innovation.

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