Challenges and Opportunities in Reskilling and Upskilling

Hazel Gruenewald () and Maren Mueller ()
Additional contact information
Hazel Gruenewald: Reutlingen University
Maren Mueller: Baden-Wuerttemberg Cooperative State University

Chapter 7 in Reskilling and Upskilling in a Globalized Economy, 2025, pp 167-201 from Springer

Abstract: Abstract The digital transformation has accelerated the pace of skill obsolescence, placing reskilling and upskilling at the forefront of workforce development. This chapter examines current trends, challenges, and opportunities inherent in this shift, with a particular focus on the risks of a “skills trap” and the social inequalities that can arise in reskilling and upskilling initiatives. It explores sustainable training and development as a strategy to address and mitigate these disparities. Additionally, the chapter delves into the evolving landscape of higher education, analyzing the trends of “unbundling” and “rebundling” alongside the growing prominence of micro-credentials. It argues for the integration of these innovative educational models within traditional systems, emphasizing the need for standardization and interoperability to enhance effectiveness and accessibility. A key focus is diversity, equity, and inclusion (DEI) in the workplace. The chapter examines challenges related to age, gender, sexual orientation, ethnicity, and disability, offering evidence-based strategies for fostering inclusive work environments. It contends that organizations with strong DEI training strategies not only fulfill ethical imperatives but also drive economic benefits.

Date: 2025
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:fuobcp:978-3-658-48384-5_7

Ordering information: This item can be ordered from
http://www.springer.com/9783658483845

DOI: 10.1007/978-3-658-48384-5_7

Access Statistics for this chapter

More chapters in Future of Business and Finance from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().