How Education Can Nurture Talent for Big Savings, Latest Views News



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Changi Airport. The All Blacks.

Both names are recognized around the world as the best in their class, and both are born of small nations well known for having exceeded their weight.

Singapore and New Zealand share similar aspirations and challenges Keeping their lead in the global economy

With a population of about five million people each, there is no has no option for one or the other country to be a cheap labor force.

Both need to educate relentlessly

Their competitive advantage depends on the skills and abilities of their workers.

While active measures are being taken to advance the current education systems, we must continue to focus on the skills and abilities of workers. Particularly in countries like Singapore and New Zealand, which are facing the aging of the population, we need to help older workers adapt to new ways of working and acquire skills relevant to transformation.

Singapore has developed a highly advanced education system in a short time and one of its major strengths is lifelong learning.

The SkillsFuture program helped Singaporeans of all ages improve their employability. continue to contribute to the national economy

FUTURE WOROFFORCE

While local universities follow the example of the government by deploying programs of former students that give them access to skills courses , Singapore begins to benefit from a highly skilled workforce Similarly, while New Zealand struggles with its own aging population, it can draw a line from the Singapore book and focus on the culture of a permanent education

. From the insecurity of the job, it is easy to ignore the new wave of opportunities brought by Industry 4.0, which now opens doors to new jobs that have never been existed before these techniques. The task then is to help the workforce adopt the technologies instead of rejecting them as threats to their work.

Recognizing these future demands, Singaporean universities are also developing tailor-made programs around analytics to create value.

With the growing skills gap in New Zealand, we must consider how to bring about the same change in New Zealand's workforce.

Education providers will play a crucial role in building the talent pool for the future. A system that teaches students to adopt technology and take advantage of its benefits.

Being the highly diversified economies of Singapore and New Zealand, the concept of a single model no longer applies

. Spirits must come together to solve the various real-world problems faced by industry and the community.

These cross-border partnerships are also playing a big role in the provision of recognizing the importance of these partnerships, we have partnered with more than 175 institutions in more than 50 countries to provide our students with the opportunity to work in partnership. study or work abroad and bring the best expertise and teaching programs from around the world.

As the world becomes more and more connected and globalized, it is difficult to determine the future of a country without taking into account the larger landscape. Our foreign counterparts, like Singapore, will play a crucial role in talent formation which, in turn, will determine the future of the New Zealand economy

The writer is vice Chancellor of Massey University

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