Meaning ● Employee Reskilling, within the SMB context of growth and automation, represents a strategic initiative focused on equipping existing personnel with new skill sets essential for navigating technological advancements and evolving business models. It addresses the skills gap created by automation implementation, enabling SMBs to leverage new technologies effectively. ● The process involves identifying roles impacted by automation and providing targeted training to upskill employees for new or modified responsibilities. Reskilling programs may include training in data analytics, digital marketing, or specialized software relevant to the SMB’s automation strategy. ● Successful reskilling boosts employee morale by offering growth opportunities and ensuring job security amid technological change. Investment in reskilling mitigates the risk of talent shortages, enhancing the SMB’s competitiveness. Furthermore, this initiative enables a cost-effective solution compared to hiring new talent.
