Future of skill development and its importance for Malaysia




The importance of having a skilled workforce cannot be emphasized enough. With continuous upgrading of their skills, employees can compete for better job opportunities, especially Industry 4.0 in the corner,  while they can also command higher wages. 

When countries like Switzerland have almost 50% skilled manpower, then Malaysia, with only 28%, needs to deal with this issue fast. This can be addressed through increased investment in education, something that the government has committed itself to and has allocated RM50 million in human resources development programs. Their aim is to achieve a 45% skilled workforce by 2030. 

However, it is not just enough that the government has committed to this. Employers and the workforce within industries also need to share in this vision in order to ensure that the goal is achieved. 

The key players each have to offer something from their perspective. The government, through the relevant departments, needs to provide the infrastructure and the financial resources. Employers and other key industry players need to make sure that they provide learning strategies and also seek to employ forward-thinking people with vision. 

By equipping employees with critical thinking skills, employers are teaching them to be flexible and ready for the demands of the future. These critical skills will help the workforce to be the new managers and leaders in the years to come. 

By developing the skills of the workforce, companies will not struggle to find the skills required as older people reach retirement age. They will have a solid, knowledgeable, highly trained workforce to tap into to fill these gaps.
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