Nandan Nilekani’s Perspective: Why Reskilling Employees Should Be a Top Priority 2023

Nandan Nilekani’s Perspective: Why Reskilling Employees Should Be a Top Priority 2023

Bridge Programmes and sophisticated platforms like Marketplace and Accelerate automatically link employees with opportunities that fit their career goals.

In today’s fast-paced and rapidly evolving digital landscape, organizations worldwide face the challenge of keeping up with technological advancements and adapting to new business paradigms.

To remain competitive, companies must focus on reskillingCompanies are encouraging their employees to adapt to the evolving requirements of the contemporary work environment..

Recognizing the significance of reskilling, Nandan Nilekani, the Chairman of Infosys, emphasizes that reskilling employees is a top priority to drive business growth and ensure long-term success.

According to Infosys chairman Nandan Nilekani, employee up-skilling and reskilling is a significant business focus. At the company’s annual general meeting, Nilekani told the shareholders that when people advance in expertise, several career paths into fascinating technological fields become available inside the Infosys ecosystem. Through accelerated learning, “they qualify for skill tags when they complete certified courses and acquire significant experience in the skill set or technology,” he added.

Bridge Programmes and sophisticated platforms like Marketplace and Accelerate automatically link employees with opportunities that fit their career goals. Nilekani continued, “We make every effort to provide our staff members with enough opportunity to learn and develop.

He said that throughout the year, the company’s ecosystem for training enabled over 5.5 million learning days for the staff, who measure and manage their digital abilities using a detailed score called the Digital Quotient.

The digital revolution has brought about a profound transformation across industries, disrupting traditional job roles and creating a demand for new skill sets.

As automation, artificial intelligence, and other technologies continue to reshape the workforce, companies must invest in reskilling their employees to bridge the gap between existing and emerging skills.

By doing so, organizations can unlock new opportunities, foster innovation, and remain agile in a rapidly changing market.

As a prominent figure in the technology industry, Nandan Nilekani understands the vital role of reskilling in preparing the workforce for the future.

He believes that investing in employees’ professional development is crucial for their individual growth and the organization’s overall success. Nilekani emphasizes that reskilling should be considered a strategic imperative rather than a mere cost.

Nilekani argues that reskilling initiatives provide companies with a competitive edge by enabling them to tap into the potential of their existing talent pool. Rather than resorting to external hiring for every new skill requirement, organizations can nurture their employees’ capabilities and empower them to take on new roles and responsibilities. This approach reduces recruitment costs and fosters a culture of continuous learning and adaptability.

Infosys, one of India’s leading technology services and consulting companies, has been at the forefront of reskilling initiatives. Under Nilekani’s leadership, the company has established comprehensive programs to reskill its employees and equip them with the necessary tools to thrive in the digital era.

In FY23, Infosys hired more than 50,000 college grads, raising its workforce to over 340,000 workers, 39% of whom are women.

Nilekani also emphasized Infosys’ initiatives to give individuals access to digital skills. For instance, the organization’s Springboard programme aims to provide digital and life skills for pupils as early as class VI in India. By 2025, it hopes to have trained more than 10 million individuals in digital skills.

According to Nilekani, Infosys’ skill-building activities have already given 8.5 million worldwide more power.

Infosys’ reskilling efforts encompass various domains, including emerging technologies like artificial intelligence, cloud computing, blockchain, and cybersecurity. Through online courses, immersive training programs, and hands-on projects, employees are given opportunities to upgrade their skills and stay relevant in an ever-changing technological landscape.

The company’s commitment to reskilling extends beyond its workforce. Infosys has also taken steps to impart digital literacy and technical skills to individuals from underprivileged backgrounds, contributing to a more inclusive and digitally empowered society.

Reskilling programs not only benefit organizations but also have a positive impact on employees’ professional growth and job security. By acquiring new skills, employees enhance their employability and become more adaptable to the evolving job market. Reskilling empowers individuals to explore new career paths, take on challenging assignments, and contribute meaningfully to their organizations. It fosters a sense of fulfilment and job satisfaction, increasing employee engagement and retention.

In an era of rapid technological advancements, reskilling employees has become a top priority for organizations striving to remain competitive. As highlighted by Nandan Nilekani, Chairman of Infosys, reskilling initiatives are critical to driving business growth, fostering innovation, and building a future-ready workforce. Companies must invest in reskilling programs to unlock the potential of their employees, reduce recruitment costs, and adapt to the ever-changing business landscape successfully. Organizations prioritizing reskilling can position themselves at the forefront of industry transformation and ensure long-term success.