Companies across a variety of industries are suffering from skill gaps. While hiring is the obvious option to fill skill gaps, current market conditions have made it difficult for companies to recruit and hire top talent to fill these gaps. Your top competitors are likely experiencing the same issues, competing for the same talent, making it challenging to find the right person, with the right skills, to fill the void.
The other effective option to fill skill gaps is to invest in upskilling.
Upskilling is the process of improving the skills of your employees. Investing in training, coaching, and professional development to help employees add new skills and capabilities is vital to close skill gaps. Upskilling can help prepare team members for promotions and place more focus on internal development over hiring to improve the organization.
Employees have never had more career options. Investing in upskilling helps you attract and keep your talent in house. Here are some of the top reasons to invest in upskilling:
IQ PARTNERS is an Executive Search & Recruitment firm supporting clients across the country. We help companies hire better, hire less & retain more. We have specialist teams of recruiters in Executive Search / Board & C-Suite, Technology, Media, Digital & Marketing, Accounting & Finance, Financial Services & Insurance, Cannabis, Startup, Data Science, Consumer, eCommerce & Retail, Operations & HR, Manufacturing, Supply Chain & Engineering, Legal & Professional Services, Pharmaceutical & Life Sciences, and Sales. IQ PARTNERS has its head office in Toronto and operates internationally via Aravati Global Search Network. Click here to view current job openings and to register with us.
Randy co-founded IQ PARTNERS in 2001 and currently operates as a Senior Partner, focusing on business development within executive search, media, and sales recruitment. His accomplishments include building over a dozen digital media sales teams for digital start-ups, publishers, and mobile app developers. He has also helped launch an international smartphone manufacturer from the ground up, building its entire hardware, software, and sales teams.