CATALYST Issue 5 | Page 9

Catalyst | Digital D TALENT IN A TIME OF CRISIS MCKINSEY’S STEPS TO RESKILLING To emerge stronger from the pandemic, global management consultants McKinsey advise companies to start reskilling their workforces now, by taking the following steps. Rapidly identify the skills your recovery business model depends on. Build employee skills critical to your new business model. Launch tailored learning journeys to close critical skill gaps. Start now, test rapidly, and iterate: a crucial way to build reskilling capabilities. Act like a small company to have a big impact: be bold and agile. Protect learning budgets (or regret it later).