Australian Institute of Management CEO, Ben Foote, said “While only a minority of employees are currently being invested in for their training and development, the majority want to up skill to help them navigate the changing nature of the business landscape,” said Mr Foote.
Research shows that only 20 percent of employees say their employer is providing them with the necessary soft skills they will need in the future. Just eight percent report having the opportunity to develop necessary leadership and management skills*.
“63% of all jobs are expected to be soft skills intensive by 2030**. So that means that all employees, at every level, will need to learn complex problem solving, critical thinking, creativity, and people management which are all essential to navigate the constantly changing business world.”
“Australia just isn’t ready, with soft skill demand far outpacing supply,” said Mr Foote.
Gartner Top 3 HR Insights 2018 highlights that 40 per cent of the skills an employee needs for their jobs were learned in the past 12 months. This massive drive for continuous learning is having a significantly negative impact on Learning & Development budgets.
“We speak to lots of businesses who say organising learning and development is time consuming, expensive and in most cases just for a few people who put their hand up the highest.”
“As a result, AIM set out to create company wide, personalised training on demand training offering that will solve the soft skills shortage across the whole company.”
“As the world moves faster, training is vital to empower and retain employees. AIM Access opens doors to learning for all employees as well as streamlining costs and easing administrative burdens,” said Mr Foote.
AIM Access provides subscription based face-to-face short courses at six campuses across Australia. It provides a much more cost-effective way of delivering training with as much as 50 per cent in reduction of fees. The AIM campuses are located in five major cities so all of our customers’ employees can easily access training wherever they are based.
Email fraud is nothing new, but online criminals have become ever more-effective at spoofing their identities to trick employees into sending them money. The Australian Centre for Cyber Security (ACSC) recorded losses of over $20M to business email compromise (BEC) attacks last year alone, up 230 percent over the previous year – and the full amount is certain to be much larger.
Cybersecurity Insights - Attack
No matter how robust your security, or how diligent your employees, network credentials are a free pass for cybercriminals. This is mostly because employees are relied upon for their own password management. And with more than 4.8 billion sets of stolen credentials said to be available online, odds are that at least a few of your employees’ user IDs and passwords are just waiting to be used by unscrupulous outsiders. Are you ready to stop them?
Cybersecurity Insights - People
Cyber resilience will be particularly important as Australian organisations face increased pressure to quickly detect, respond to, and manage the repercussions of breaches in the wake of 2018’s Notifiable Data Breaches (NDB) scheme.