Amidst skills shortages, companies can enhance workforce flexibility by encouraging lateral moves among staff, including reskilling for emerging tech roles. A study shows that many tech professionals shift between non-technical and technical positions throughout their careers, reflecting a trend that favors internal mobility. This can be particularly advantageous for startups adopting agile cultures. New roles related to AI, machine learning, and data are on the rise as organizations shift from project to product-focused strategies, highlighting the importance of internal training and development in addressing talent needs.
In light of ongoing skills shortages, companies can benefit by incentivising staff to move laterally within their firm or even the wider tech sector.
Unlocking potential through internal mobility partly because it's cheaper than hiring externally, startups and scale-ups tend to be particularly strong on internal mobility and reskilling.
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