Nurturing your IT workforce could save you revenue in technology mishaps
It has been said time and time again that advances in digital technology are changing the professional workforce and evidently, organisations must adapt in order to survive. According to a study by Accenture, leaders in embracing digital technology grow revenue at more than twice the rate of laggards. Those who lag behind in technology stand to potentially miss out on 46% in revenue gains over the next three to four years.
However, as Joe McKendrick says in his article on technology missteps, it’s not just about installing the latest systems and gadgets, but also about mindsets and behaviours. Successful organisations not only embrace change and adopt earlier but work to nurture the talent of their IT workforce.
It is believed that, without some retraining, 52% of organisation’s IT workforce’s skills and 47% of non-IT workforce’s skills will be obsolete within three years. The difference here between leaders and laggards is the pace in skills training: At 73%, leaders use experiential learning at three times the rate of laggards (24%) and launch apprenticeship programs at more than double the rate of laggards (79% versus 36%). In a rapidly changing workforce, it is essential that organisations adapt quickly to new technology and nurture their IT workforce to do so.
Here at V-Teamwork, we offer an immersive learning experience that equips leaders to adapt quickly to new technology and drive innovation and change. With the workforce continuing to advance at rapid speeds, equipping employees, and especially your IT workforce, to react to this change in a positive way can save your organisation revenue in technology mishaps, as they learn to embrace changing technology and develop new skills. Our program is like nothing else you will find online and aims to empower leaders and teams to reach their full potential through experiential learning.
Find out how we do it at V-Teamwork and become a leader in embracing digital technology.