The six-month skills cycle: what to do?

The lifespan of the average newly learned skill is 2.5 years, so how can accountancy firms ensure their staff keep up to speed in this rapidly changing workplace. Caroline Evans, VP of enterprise sales at FutureLearn, looks at ways to maximise training

In today’s ever-evolving business landscape, the shelf life of skills is shrinking rapidly, with new ways of working and skills needs emerging at an unprecedented pace.

To stay competitive, businesses can no longer rely on long-term planning alone – they need to also embrace a culture of learning agility.

Evolving skillset

The skills in demand are changing at a rapid pace – mostly thanks to technological advancements and digital transformation, but also because of wider global change.

The world is becoming more aware of the economic value of sustainability and diversity, just as much as some companies are struggling to grapple with it.

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