Preparing for the future of Technological Progress: A study regarding the effective strategies for employee professional development

Abstract

This article examines the changing job market and the need for companies to implement proactive measures to maintain competitiveness. It analyzes current and forecasted required skills in respect to the jobs of the future, such as IT&C, cybersecurity, robotics and AI. The article also emphasizes the importance of internship programs as a means for young individuals to gain valuable experience, develop skills, and explore career options. The most effective actions identified for enhancing competitiveness and employability include creating leadership development and modular training programs, conducting workforce planning exercises, and launching internal academy programs (Marr, Business Trends in Practice, 2021). Finally, the paper proposes a proactive guideline, arguing for the need of reskilling, vertical continuous training and digital transformation, aimed at equipping both companies and employees/future workers with the required skills and competencies to navigate the multifaceted dynamics of the labor market, including digital transformation and other related phenomena.