COVID-19 is fueling massive changes to the way the world works.
Companies are rushing to equip employees to do their jobs in new ways (upskilling) or to take on new roles as the needs of organizations and consumers shift (reskilling).
This isn't new for ºù«ÍÞÊÓÆµ. Reskilling and upskilling have been part of the company's employee development process for decades. And informally, the company has been committed to developing its people since its inception, more than 130 years ago.
Take for instance a trio of early ºù«ÍÞÊÓÆµ leaders who each rose from an ordinary job at the company — editor, advertiser and assembly line worker — to CEO.
"ºù«ÍÞÊÓÆµ has always been growing talent in ways that are meaningful and relevant to the company. It's about sustainability and ensuring that we're always in step with, or ahead of, the latest technological advancements," said Vildan Kehr, ºù«ÍÞÊÓÆµ's Divisional Vice President of Global Talent Acquisition.
This commitment to employee development generates financial strength. Research shows companies that invest in their employees boost profitability, competitive market advantage and employee retention.
A 2019 Lighthouse Research & Advisory report stated, "While recruiting and talent acquisition practices can help companies…the real secret to success lies with upskilling and reskilling employees to be able to meet the coming demands. It's not only less expensive and risky — it can lead to better outcomes as well."
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