Skills Development

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Skills Development has the power to transform individuals and companies. And, the eight-year partnership between Daly Credit Corporation and EduPower Skills Academy clearly illustrates this. These two companies have woven essential skills into the fabric of Daly’s operations, elevating the workforce and helping to combat youth unemployment. Their unwavering commitment to inclusive growth has raised the bar for what it truly means to invest in people.


Finance for non-financial managers refers to the essential understanding of financial principles, tools, and concepts that individuals without a formal finance background need to effectively participate in and contribute to financial discussions and decision-making within their organization.


Rajan Naidoo, Managing Director of EduPower Skills Academy, urges companies to seize this opportunity. He emphasises the need for readiness and suggests three key questions for companies to consider as they prepare for the transition.


Young people, students and professionals who have not yet learned to touch-type will do well to consider making this small learning investment that will reap benefits for life, an education expert says.


As the Matric Class of 2023 nears the conclusion of their school career, a few of these learners will recognise Broad-Based Black Economic Empowerment (B-BBEE) as a section in Business Studies. However, B-BBEE – and how companies decide to implement their Skills Development initiatives – may be the defining factor that determines some of these young people’s career prospects and future.


In a collective effort, the South African Tyre Manufacturers Conference (SATMC) and its member companies are striving to empower the youth and foster employment opportunities throughout their value chains, by implementing an array of educational, graduate, learnership, training and apprenticeship programmes.


Most parents wish to provide their children with the skills, competencies and therefore education to become successful and accomplished in their careers.


The inclusion of people with disabilities is a key focus area of Engen’s social investment, with all supported projects seeking to create sustainable value for all parties concerned. Amongst various success stories, Engen’s support of the Breede Valley Association of and for Persons with Disabilities (BVAPD) to drive a new skills-based project called WeMove is bearing fruit.


South Africa’s young population continues to be severely affected by unemployment and remains disengaged from the labour market. Economists believe that some skills are critical in improving employment and finding stable jobs.  


As a company that is passionate about progress, Engen has launched a new skills development and learnership programme aimed at boosting the job prospects for youth and unemployed South Durban Basin community members.


Equipping and re-equipping professionals with the insights they need to stay relevant in their professions is no simple task. The rapid speed at which technology is advancing can be terrifying for many people, as just as they have become used to a certain way of doing things, they need to be retrained. 


One of the most pressing challenges predicted for the tech industry in 2023, specifically for C-suites trying to keep up with a rapidly digitising world, is that there has been, and will continue to be, a chronic IT skills shortage, especially a shortage of work-ready software developers. Jessica Hawkey, Managing Director at redAcademy shares her insights on how a new outlook on skills development can solve CTO headaches and fast-track coding careers for the tech industry in 2023. 


The world of work has changed dramatically over the last few years as technology advanced and the pandemic forced employers and employees to redefine what work looks like and where it takes place. Experts believe that individuals should obtain skills in order to remain equipped for the changing world of work.

 


What are the essential skills required for success as a real estate agency as the world moves into 2023? They certainly aren't the same skills as in 2019 – the world has undergone such radical change that every role and industry has had to evolve and adapt to keep up.


Studies have found that there is a significant incidence of educational and skills mismatch in the country. Many are now questioning whether the strategies and programmes for employment development match the skills that are produced by higher education institutions.


One hundred persons with disabilities and their families are set to benefit from Engen’s R848 680 donation to the Breede Valley Association for Persons with Disabilities (APD) over the next three years.

 


Key skills include digital literacy, problem solving, adaptability, critical thinking and being able to communicate effectively. While many of these essential skills which are touted for the future of work can be studied for, some are learned – and sometimes the long and arduous way.


A Skills Development Facilitator (SDF) assists the Employer in drafting an Annual Training Report (ATR) on the implementation of the Workplace Skills Plan (WSP). This is only naming one, of a few, of the SDF’s responsibilities.


Though the terms are close cousins, there are significant differences between upskilling and reskilling in the corporate world, and it's crucial to set them apart when developing your online training and e-learning programmes as they have unique objectives.


Evolving technology and the impacts of Covid-19 have resulted in workplaces that are changing faster than ever. To keep pace with the rapid advances in the workplace and avoid skills shortages, almost half of employees will need to be reskilled with critical skills by 2025.

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