As Singapore transits into the future economy, we strive to be a leaner workforce while maintaining our global competitiveness. Like many advanced economies, Singapore faces the challenges of structural unemployment and underemployment in addition to an ageing workforce. It also contends with jobs displacement due to automation and skills deficiency. Human capital development, and not just human resource development, has become a critical strategy to build a local talent pipeline to respond to the fast changing environment.
For Singapore to remain relevant, businesses have to transform and grow, and workers have to adapt and grow.
Join Mr Aubeck Kam, Permanent Secretary in the Ministry of Manpower, at the upcoming IPS Corporate Associates’ One-Table Dinner. He will share manpower strategies to help businesses transform and workers adapt to an increasingly volatile environment, as Singapore presses on with our economic restructuring.