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Business strategy
Advantages of Upskilling staff rather than hiring new ones.
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[QUOTE="Etini, post: 339278, member: 90141"] Upskilling is a training strategy and method adopted by businesses to upgrade the capacity of their employees. There is the option of hiring for new and advanced skills. But upskilling your existing staff offers some unique advantages. 1) Company Culture is maintained: When you run training for your staff to acquire the necessary advanced skills for their job roles, you maintain your company culture because the current staff are used to it. Employing someone new can offset the balance of company culture. 2) Leaders emerge from within the company setup: When you upskill your staff, you give a chance to create succession for the leadership of the company to emerge from within rather than from outside. That has an advantage of motivating other staff, understanding processes and maintaining company culture. [HEADING=1][/HEADING] [/QUOTE]
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