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How To Stay Relevant in the Digital Economy

03 January 2020
How To Stay Relevant In The Digital Economy Pic

When the world is constantly changing, naturally you face a challenge of staying relevant in the job market.

Day in, day out, articles online speak about robots taking over and AI replacing humans in the workplace. Companies and countries alike are looking into ways to develop their workforce and equip them with skills of the future.

Similar to what you are facing as a job seeker, organisations are

The fundamental reason is that similarly as the world is changing, so are our future employer. They have unmistakably more diversions, decisions, openings, and approaches to convey on how exactly how solid the point of staying relevant in this digital presence to get the job that can increase your long term income potential.

Ways to stay relevant professionally

1. Take control of your education

Employers feel that the content and quality of local university education do not satisfactorily plan students for the workforce. 90 percent of all organizations over-viewed feel that universities ought to give students increasingly reasonable preparing, while 80 percent imagine that universities ought to consider changing university educational programs to mirror the realities of the labour market.We are now in a society which many jobs and careers require additional education or training beyond formal education. We have to move away from an idea that students finish learning when their formal education ends and they enter the work world. Instead, working individuals have to update their skills, continuously learning and adapting to stay relevant in the digital economy.

 

2. Keeping your skills set current, updating your resume

Highlight ongoing skills development. Include a separate section in the resume to detail courses you’ve recently completed or another way you’ve shown initiative in acquiring new skills. You can also update your online platforms, like LinkedIn, with details of courses you’ve recently completed, certifications achieved, and other
learning initiatives. Remaining current in your field will require a solid blend of hard skills, for example, computer programs and the specialized ability expected to carry out your job, and soft-skills abilities, for example, general industry learning and communications skills.

 

3. Build a network

Based on the research by McKinsey Global Institute, more than 1.5 billion people around the world have an account on a social networking site. It is observed by that 72 percent of companies are having strong social presence and is even expecting every employee to stay relevant in social networks. Make friends across generation.
Making friends with people who aren’t in your age group can help you communicate with a wider variety of people. Many organisations are looking to hire candidates who bring a strong network with them. It’s also useful to have a network you can tap into to help you understand and solve problems and to support you in learning new skills. Proactive about linking skills development to promotions.

 

As a conclusion, adapting yourself with relevant skills can help you to be more competent than others. As mentioned in Economic Report 2018 by Ministry of Finance Malaysia, the demand for skilled and multi-skilled employees will continue to rise in the coming years with the increase in automation and introduction of latest technologies. Building your network by enhancing your social skills to talk with a various group can help you to excel in communication skills. If you want to get a promotion, linking all your skills development to the correct skillset of that position can help you get promoted thus, strive in this current digital economy.

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