Today, Toronto Finance International (TFI) released the report Unlocking the human opportunity: Harnessing the power of a mid-career workforce which recommends Canada’s financial services leaders to focus their upskilling strategies on mid-career employees in order to fast-track development of the future-proof skills needed for their organizations to continue to grow.
To support this call to action, the report examines the business imperative behind upskilling and the rationale for focusing on upskilling mid-career professionals, and outlines an upskilling strategy framework for leaders to successfully embed the culture of life long learning into their organizations – a key enabler to cultivating the future-proof skills needed to advance today’s workforce.
“Students may be graduating with the technical skills that financial services organizations need today, however, they lack the institutional knowledge and organizational expertise that’s developed through experience, and that takes years to acquire,” says Jennifer Reynolds, President and CEO, TFI. “That’s why investing in our mid-career employees is so critical. Their knowledge, experience and desire to learn new things, along with the soft skills that they have honed over time and institutional knowledge, form a strong base upon which to build future skills.”