Retraining, redeploying workers at risk of displacement a ‘key focus’ of MOM: Josephine Teo
Read more at https://www.channelnewsasia.com/news/singapore/josephine-teo-may-day-message-manpower-ministry-10186214

By Lianne Chia @LianneChiaCNA

29 Apr 2018 10:01AM (Updated: 29 Apr 2018 10:10AM)

Ricky Lim · 

Singapore

Retraining, redeploying workers at risk of displacement a ‘key focus’ of MOM: Josephine Teo
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This is a more proactive policies of safeguarding the jobs for Singaporean workers.
This policies should not only apply to Singaporean workers that face the risk of being retrenched.

It should also include those Singaporean workers that have already been displaced or retrenched.

To reach out to the retrenched or displaced workers --- need to employ Big Data, MetaData, AI, Machine Learning, Deep Learning --- to search the database of such workers and proactively reach out to them.

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Ricky Lim · 

Singapore

She noted that in such an environment, the tripartite partners’ shared goal must be twofold: To help every business transform and every worker adapt.
While economic agencies are fully activated to implement the Industry Transformation Maps, Mrs Teo said MOM will complement their efforts on two fronts: By enhancing support for businesses, and stepping up efforts to secure better employment outcomes for Singaporeans through the Adapt and Grow initiative.
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Of course why this policy come only during this time --- is because ITM (Industry Transformation Maps) has yet to be developed or in the process of being developed.

Now with most of the ITM in placed, then it is the right time to proactively reached out to retrenched workers, displaced workers, under-employed workers, unemployed workers - to get them retrain and redeployed into a more fruitful jobs - that will be good for the workers, for the businesses and for the Economy - and of course this will translate to political support for the Government.

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Ricky Lim · 

Singapore

Ricky Lim ·
Singapore
(1) Industry Transformation Map (ITM)
- Idea is posted in 2012 to tackle disruptive tech and is adopted by the Government feature in Budget 2016.
- Now this idea is used in 23 industries where 15 industries led by one Minister-of-State have undergone transformation and has start to reap positive outcome - as a good number of companies have start to reap growth and profit through the newly transformed business.
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Ricky Lim ·
Singapore
Source of Origin of ITM :-

Ricky Lim ·
Singapore
The following is posted on:-

Tuesday, 1 May, 2012 2:57 PM
Ricky Lim
REACH RWEB Submission feedback RWEB2012050100010 via the REACH website: To raise productivity,

To raise productivity, everyone has a part to play :-
1. Business invest in capital tools and send workers for training
2. Workers upgrade skills to operate capital tools
3. Govt provide grants, provide good education, married govt R&D bodies with business etc
4. Government work with various industry to devise objective and tangible KPI to allow business, workers, union, gov, schools etc to shoot for the KPI.
5. Govt, business, bright individuals should scout overseas countries and industries that have make their industries productive and bring it back to Singapore and transform our business to be more productive.
6. Union encourage, provide relevant course for workers to upgrade
7. School train students in right course, right skills and married industry with courses.
8. Home, family members, social bodies have to support working members to provide a conducive environment for working members to be productive.
9. Look at whatever else things that can make the nation productive, to be productive.
10. Peg the wage increase vis-à-vis our regions, our competitors, our international competition to ensure that our wage increase are competitive and will not drive away business – causing massive job losses.

Sent: Tuesday, 1 May, 2012 3:24 PM
To: reachadmin@reachadmin.com
Subject: REACH RWEB Submission: Govt agenices working with industries to devise prodictivity figures

To elaborate further :-
(1) Ministry of Comm and iDA – should work with IT industries, foreign IT MNCs, local IT vendors etc to devise objective, tangible KPI productive figures in each technology areas and skillsets vis-à-vis global competition and regional competition – so that IT business and IT workers can target to meet the KPI productivity figures – and peg wage growth in % term and/or absolute term to the productivity figures and business profitability. Communicate this to the IT industries, business, IT workers, Union and schools. Make sure we are competitive with our global competitors and regional competitors.
(2) SLA should do the same with construction sector.
(3) Ministry of Finanace and MAS should work with the banking and financial sector. etc

ricky l
0Thumbs UpThumbs Down0Ricky L • a second agoRemove
That is, the concept above is how to transform Singapore Economy in 2016 - sector-by-sector (conceptualising the KPI for each sector) ---- and using targeted approach to transform each sector, each industry one by one.

Only then productivity in each sector, in each industry can be successfully transformed - supported by empirical, scientific measures.

Good that after 4 years --- the idea is taken up.
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Ricky Lim ·
Singapore
The origin of Industry Transformation Map (ITM).......................
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