In today’s ever-evolving global business landscape, organizations are increasingly recognizing the importance of nurturing emerging leaders, those individuals who will drive innovation, guide teams, and shape the future of industries. In an era of digital transformation and global competition, emerging leaders must be equipped with the right skills to thrive.
Managers who supervise and mentor their organization’s emerging leaders know that upskilling is a key factor of growth and advancement in corporate settings. Those who hold an advanced degree in business, such as a Doctor of Business Administration (DBA), learn how to cultivate younger talent and how to use upskilling to propel the next generation into leadership roles.
What Is Upskilling?
Upskilling refers to the process of learning new skills or enhancing existing ones. Unlike reskilling, which focuses on learning skills for a new job role, upskilling is about enhancing capabilities for current and future roles. This practice has gained traction due to the rapid pace of technological advancements and shifting market dynamics. In a business landscape where new technologies like AI can upend norms overnight, it’s more important than ever to upgrade skills quickly to stay competitive.
For those moving into leadership roles, upskilling often includes management training in the form of soft skills like critical thinking, emotional intelligence, adaptability, and decision-making. As leadership roles evolve to encompass more strategic thinking and team management, the need for continuous learning becomes imperative.
Why Upskilling Is Crucial for Management Training
Leaders must embrace new trends and technologies. Today’s organizations are focused on automation, artificial intelligence, and new digital tools. Leaders who stay ahead of these trends by consistently upskilling can lead organizations through change rather than being left behind. Leaders should explore data management, software training, and emerging technologies.
Leaders must be agile and adaptable. Business environments are unpredictable, and leaders must be able to pivot when faced with challenges. Upskilling in areas such as project management, agile methodologies, and problem-solving allows emerging leaders to remain flexible in dynamic situations.
Leaders must have emotional intelligence. Leaders who build trust and promote a positive work culture have higher retention and generally happier teams. Leaders can take courses and seminars in emotional intelligence, communication, and conflict resolution to learn to effectively manage diverse teams and foster collaboration.
Leaders must promote inclusivity in diverse work environments. With globalization and diversity becoming core aspects of the workforce, leaders must understand and navigate cultural differences. Cross-cultural communication, inclusivity, and global leadership courses can help emerging leaders manage diverse teams and thrive in global business environments.
Support Emerging Leaders on Your Team
There is much you can do to support the growth and success of emerging leaders on your team. As you invest in their future growth, you will see the benefits: Employees who are given upskilling opportunities are more engaged, more creative, and more loyal to their managers and organizations.
Consider the emerging leaders on your team and talk to them about their own goals and opportunities for upskilling. From there, you can begin to map out your plan for supporting their professional development:
- Establish trust with candid and transparent conversations about professional growth, so employees can share plans and goals in a safe environment.
- Create individualized development plans based on each employee’s personal goals and areas for growth.
- Align development goals with business needs to ensure upskilling is relevant to both the employee and the future growth of the organization.
- Explore learning technologies, like online platforms, that will allow employees to access a range of courses and trainings without disrupting their lives.
- Encourage peer learning, setting up workshops or lunch-and-learns for in-house experts to teach skills relevant to others.
- Consider establishing mentorships between emerging leaders and senior staff members.
What’s Next for Leaders: Earning a Doctorate in Business
Leaders who already hold an MBA may be considering the next step in their own professional development, which may include earning a Doctor of Business Administration or a PhD in Business Administration. Doctoral business programs help leaders develop skills beyond day-to-day management of teams and projects as they learn to consider business theory and research in decision-making and problem-solving.
Walden University offers an online DBA degree program focused on exploring the role of leaders in moving organizations toward positive social change. The program offers career-focused specializations including Healthcare Management, Entrepreneurship, Human Resource Management, and Leadership.
For more than 50 years, Walden has been helping working professionals meet their educational goals. Take the next step in your professional journey with an online Doctor of Business Administration program.
Walden University is an accredited institution offering a Doctor of Business Administration (DBA) degree program online. Expand your career options and earn your degree in a convenient, flexible format that fits your busy life.
Walden’s BS in Business Administration (BSBA), Master of Business Administration (MBA), Doctor of Business Administration (DBA), and PhD in Management programs are accredited by the Accreditation Council for Business Schools and Programs (ACBSP).
Walden University is accredited by the Higher Learning Commission (www.hlcommission.org), an institutional accreditation agency recognized by the U.S. Department of Education.