F56486c0

WORLD OF WORK VISION 2020: Skills Are The New Currency

WORLD OF WORK VISION 2020: Skills Are The New Currency

Ho Chi Minh city

23/04/2019

16:00 PM - 18:00 PM

Cover

​On April 23 in Ho Chi Minh City, the World of Work Vision 2020 workshop was jointly organized by ManpowerGroup Vietnam and EuroCham. The event attracted the participation of 50 senior representatives of leading Vietnamese and foreign enterprises.

Mr. Simon Matthews, Country Manager of ManpowerGroup Vietnam, Thailand and Middle East shared ManpowerGroup’s "Skills Revolution 4.0" research on over 19,000 employers in 44 countries and territories. The report shows that automation is creating more jobs as up to 87% of global employers plan to increase or maintain headcount as a result of automation. Moreover, organizations investing in digitalization and technology are creating the most jobs.

He emphasized, “Upskilling the local workforce is becoming more urgent, and by 2020, 84 percent of organizations expect to be upskilling their workforce vs only 21% in 2011.” Ms. Truong Bich Dao, Human Resources Director of Nestlé Vietnam, and Professor Gael McDonald, President of RMIT Vietnam University, agreed that training and education needs to be updated according to the evolution of the future of work, in which enterprises play a crucial role in developing talent, coordinating with schools to develop training programs. Through investment in training and development, companies are becoming builders of talent instead of consumers of work.

About the training, Ms. Dao shared: “What people learn from schools only impact 10% their work, what they learn from colleagues make up 20% and what they learn on their own make up 70%. Therefore, people should have 2 important factors, learnability and changeability. Like enterprises, people need to change themselves to survive in the Fourth Industrial Revolution.

Tags: