Businesses are set to accelerate the digitalization of work processes along with the learning, expansion of the remote working system, and moving towards automating most of the tasks that are taking place within an organization. According to the World Economic Forum, Automation is expected to replace more than 85 million jobs by 2025 across 15 industries and 26 economies. As economies start to bounce back from the COVID-19 and companies resuming their hiring processes, the job market across the globe promises to be more resilient in 2021. With these dynamic changes nearly 50% of employees who are in the workforce would need to reskill their competencies to keep up their positions and there is a considerable demand for hiring a candidate with sought-out skills in this post-pandemic era.
Are you ready to become an invaluable and marketable asset to any business? This is your right time. The changes in the post-Covid era can be alarming. But, remember, you can overcome this. Here are the 5 most in-demand skills that are a mix of hard and soft skills any candidate would need to land in his or her dream job.
1. Analytical thinking and innovation
The Future of Jobs Report 2020 from the World Economic Forum has conducted research and found that Analytical Thinking and Innovation holds the first and prominent place for the most essential skills that every employee must own by 2025. Analytical thinking, like any other skill, is highly essential and critical in the workplace. The employees must work on equipping themselves with analytical thinking skills as it is essential for gathering relevant data, analyzing, and solving complex problems, and make rational decisions based on the data. To improve analytical thinking the employees must work on being observant, read more to learn how things work and ask relevant questions for solving complex problems. A well-thought-out project can be highly rewarding to both the employees and the businesses.
Innovation, on the other hand, in the current and next economy does not limit itself with the invention and has much more to it. The importance lies in figuring out how and where an employee can add unique value to the innovated product or services. In simple terms, innovation is coming up with new ideas, bringing them to life, solving problems, and creating more opportunities within the organization. Successful innovation is an in-built part of the business being a catalyst for growth, thus making it the essential skillset for every employee. Every employee in an organization must work on identifying, analyzing, and reskilling themselves with analytical and innovation skills to increase their value as well as the company’s value with a holistic approach.
2. Emotional intelligence
Thriving in the new world of employment requires different skill sets, mindsets, and a new toolset. Business leaders and employees together felt their on-the-job stress increasing drastically due to COVID-19, where they experienced heightened anxiety, sadness, or depression. Having a skill that can counterbalance these emotional volatilities can be highly essential, thus comes Emotional intelligence, a critical skill for building and sustaining interpersonal relationships within the organization. The major ability in building emotional intelligence is to bring people together as a collaborative team by demonstrating empathy to get things done. It also emphasizes the fact that how an employee or a leader can engage with others at a deeper, more humanistic, and passionate level.
Research shows that in an organization, emotional intelligence plays a major role with more than 60% of employees increased job performances, and above all 9 in 10 top-performing employees were found to have a higher level of emotional intelligence tested. Thus, having a stable emotional intelligence skill is highly important to keep the workplace safe and productive.
3. Effective communication
Being given the importance of emotional intelligence in an employee and/or leader, the other essential skillset that is evergreen and still attracts more attention is effective communication skills. Be it an employee or a leader, having effective and efficient communication skills is vital to their personal and business growth. Communication is the key to everything. Communication and emotional intelligence can go hand in hand, as there is no effective understanding happening without effective communication.
Communication can be of different forms: Listening, Speaking, Reading, and Writing. Some employees and leaders are naturally born with this vital skill. However, many a time, there is a high need for obtaining these skills throughout one’s life. In an organization, the leaders can provide various learnings and tests for improving the communication skills such as TOEIC Tests, one of the most reliable and prominent English proficiency and communication assessment tools around the globe, to improve the English proficiency of the employees with their enhanced learning and assessment tools and tests. Taking up such tests would essentially allow the employees to equip themselves with better communication skills by demonstrating them to their co-workers and clients in creating new opportunities for business growth.
4. New age Digital skills
The pandemic has changed everything. But, even before the COVID-19, there was a wide gap in the growing digital skills across businesses worldwide. The pandemic has just accelerated the urge for a digital skillset in order to help businesses become more organized and efficient with the increasing technological trends. It is understood that more than 82% of organizations look for Digital skills as a new requirement while recruiting employees. The professionals are in dire need of to equip themselves with various digital skills including digital marketing, coding, and development skills.
Also, the technologies such as big data, artificial intelligence, IoT, and such will make businesses more resilient to any unpredictable future pandemics. Whether you are an accountant or a leader, learning the new-age digital skills and being comfortable in using these tech skills can definitely be an advantage. In order to do that, examine your current skillset and identify where and what skills are needed to be learned or enhanced, and acquire them through various online courses that are available based on your individual needs and requirements.
5. Complex problem-solving skills
When you think of soft skills, it is mostly comprised of inter-personal skills. The problem-solving skill is one of the soft skills, rather than a hard skill, that is vital to an employee or a leader in a business and is a must-have skill for any job seeker. As the name suggests, the problem-solving skill offers you the expertise to identify, understand and tackle even the most complex problems that are challenging to the business environment.
A problem-solver must have a comprehensive skillset such as research, analytics, innovation, communication, and decision making. These credentials are among the top essential skillsets that the current HR professionals are looking for to hire an employee. With the pandemic situation hitting the most vulnerable areas of the businesses, we have all realized how things do not go as we have planned. Thus, there is a growing need to adapt to the changing business environment and solve the problems effectively and efficiently by catering to the dynamic organizational demands.
The way forward
The new world is dynamic and unpredictable. Old approaches will no more be efficient to curb the needs of the rising challenges. The research shows that currently, 21% of businesses have reported using their public funds to promote the reskilling and upskilling of their employees. Going forward, this can be the best possible time to learn and adapt to new skills and changes to the business environment. Also, despite the various challenges posed by the pandemic, the job seekers and graduates will also have the necessary time to upgrade to these new skillsets that are highly in demand while going through the hiring process. However, one thing remains the same through all times: the commitment to lifetime learning. Get yourself committed and unlock the world of opportunities lying ahead!