The current financial climate has motivated many Australians to become more proactive about their professional job security, resulting in a spotlight on the benefits of learning and skill development in the rapidly evolving business world.

A report by the World Economic Forum states that by 2025, 85 million jobs may be displaced by a shift in the division of labour between humans and machines, while 97 million new roles may emerge that are adapted to the new division of labour between humans, machines, and algorithms (World Economic Forum 2020). This means that the skills required to succeed in many fields are constantly evolving, and professionals need to be prepared to learn new skills to remain competitive.

One way to ensure that you are continuously developing your skills is to take advantage of the L&D budget provided by your workplace. With budgets and corporate focus on L&D increasing year on year (LinkedIn 2022), don’t miss the opportunity to prepare yourself for future career opportunities in a highly fluid business landscape. Stay competitive by seeking out opportunities for hands-on experiences and practical applications of your skills. This could involve participating in industry-related events and conferences or taking on interesting projects to expand your portfolio.

In conclusion, continuous learning and skill development are essential for success in today's business world, providing you with job security and new opportunities. While for organisations, investing in L&D is a leading driver of organisational growth, staff retention, and engagement.

Here at AIM, we offer a variety of resources and training programs to help you stay up-to-date on industry trends and develop the skills necessary to succeed. However, it's also important for individuals to take a proactive approach to their own development by seeking out opportunities for hands-on experience, and staying current on industry news and developments. By investing in continuous learning and skill development, you grow your professional value and thrive in the ever-evolving business landscape.

If you are looking to attain comprehensive business knowledge and practical experience, consider studying the Mini MBA. AIM is hosting a webinar on the 24^th of May where our GM Paul Harrison will walk you through the benefits, learning outcomes, etc of the Mini MBA. 

If you are looking for ways to upskill in high-demand competencies with less commitment, explore AIM’s newly launched Qualification Microcredentials, where you gain skills specific to your business discipline and demonstrate to employers your drive to continuously improve.