The Industry 4.0 revolution is taking place, and Singaporean business owners believe that in this wave, workers should change their mindset, abandon the myth of "Singapore people deserve rights" and continue to hone their skills and learn new skills.
According to reports, Industry 4.0 uses digital technology to inspire the transformation of various industries, so that the labor force must be familiar with new skills to ensure that they are not laid off. Under the trend of upgrading labor skills, as far as society, government, employers, and laborers should have their own The role played.
In the World Economic Forum's (WEF) Global CompeTITIveness Report, Singapore's rankings are declining in InnovaTIon and SophisTIcation, both of which are driving the economy to success today. Two reasons.
The Human Capital Leadership Institute in Singapore says Singapore should rethink the way talent is cultivated. Although Singapore has a low unemployment rate of 2.1%, skills and retraining are still an important part of the economy in the short term. Structural changes are bound to bring pain, but still better than long-term chronic diseases.
Learning the agility and mentality is a huge challenge for both Singaporean companies and workers. In order to be trained in the skills of the Industry 4.0 revolution, workers need to be trained. Workers need good STEM (science, technology, engineering, mathematics). Basically, however, a large proportion of Singapore's workforce has a poor STEM foundation. This is a mentality issue. Employers do not necessarily believe that good people are the key to competitive advantage.
David Pang, director-general of Shiseido Travel Retail, said that Singaporean workers' "rights of entitlement" thinking may become a hindrance to change. Not only is the company responsible, he calls on Singaporean workers to actively learn and seek knowledge, and is also the driving force for accelerating the increase of professionals.
Industry experts believe that the government and educational institutions can cultivate future talents through stable cultivation or support for enterprise retraining, and play an important role in preventing the expansion of skills gap; Joseph Lee, head of Yokogawa's Asian Common Innovation Center, said Polytechnics and universities should strengthen the skills of graduates.
Yoho Pit Wee, director of Rockwell Automation, said the government should work with academic institutions to create institutions such as smart manufacturing laboratories to give workers first-hand experience of smart manufacturing technology; Grab has long used automated analysis to process thousands of Tens of thousands of pens pay data through the network or App to help build a more agile workforce.
Peng takes Singapore's premium tea brand TWG Tea as an example. He said that the brand is focusing on digital technology research and development to create new value and is able to expand rapidly around the world. It believes that Singapore companies should seize the opportunity to understand higher goals, value creation tools, and assessment. Internal talent pool and maturity before participating in consumer trends, investment in digital technology
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