The reskilling revolution has arrived.
In a VUCA world driven by technology; and characterized by knowledge and job obsolescence, the challenges are unique. All plans for investment are dependent on reskilling oneself continuously - upskilling, re-skilling, and re-re-skilling again and again. Current skills are getting outdated every five years. Re-skilling is, therefore a financial strategy - a survival strategy, and primarily a personal responsibility.
Individual readiness strategies and investment plans must be in place now, and teachers must work on them from this very moment. The grand strategy will be to become lifelong learners. This will involve:
Ownership for self and professional growth
Developing entrepreneurial competencies, especially innovation
Deep reading followed by application of concepts and ideas.
There are several types of investments - property, real-estate, gold, stocks and shares, bonds and fixed deposits. We invest for improving our quality of life, to reduce taxable income, for higher education, marriages of children, for retirement, for starting and expanding business, whatever. The time has now come for us to invest in knowledge - our time, money, resources and hope.
(This is the essence of the message brought to newly elected Leaders of The Indus Student Council at Bangalore, by Lt. Gen. Arjun Ray (Retd.), CEO of the Indus Trust on the occasion of The Ceremony of Investiture on January 26th, 2012)
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Date: 04/26/2024