SINGAPORE - Against the backdrop of rapidly emerging new technology, less support for globalisation and Asia's growing power, business leaders must invest in innovation, workers and the community to move forward, Deputy Prime Minister Heng Swee Keat said on Tuesday .
"Leaders need to take ownership by charting a path of future growth through innovation, and energising their teams around this," he said. "The relationship between companies and workers is a mutually reinforcing one - more competitive companies provide better jobs, and highly skilled workers make companies stronger, more productive, and more competitive," Mr Heng said.
Programmes like SkillsFuture and Professional Conversion Programmes have helped workers to pick up new and relevant skills, to be used in an increasingly technology-intensive work environment. To complement these efforts, the Government has several initiatives, such as a scheme to give firms a 250 per cent tax deduction on qualifying expenditure when they send employees to volunteer at qualifying charities.
Everything starts with education. So it’s time to change your education system and look less at paper qualifications!!
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Source: BusinessTimes - 🏆 15. / 51 Read more »
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