Skills Knowledge Mix to Support Industrial Strategy 12122003 - PowerPoint PPT Presentation

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Skills Knowledge Mix to Support Industrial Strategy 12122003

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End of Cold War/ Widening of Global Market. Internet enabled worldwide supply of diverse ... Continuance of rapid change & diversification in world economy. ... – PowerPoint PPT presentation

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Title: Skills Knowledge Mix to Support Industrial Strategy 12122003


1
Skills/ Knowledge Mix to Support Industrial
Strategy12/12/2003
  • Toby Joyce
  • Principal Reliability Engineer
  • Lucent Technologies

2
PUII COP1 Meeting
  • Irish Industry
  • Opportunities
  • End of Cold War/ Widening of Global Market
  • Internet enabled worldwide supply of diverse
    commodities
  • Threats
  • New low-cost industrial nations (Eastern Europe,
    Asia-Pacific)
  • Worldwide Value Chain
  • Multiplex locations/ logistical/ geopolitical
    constraints
  • Decline of English language as an advantage as
    other countries produce English-speaking
    professionals.

3
PUII COP1 Meeting
  • Some Assumptions
  • The days of competing on low-cost labour are
    gone.
  • An educated prepared workforce will always be a
    competitive advantage.
  • Continuance of rapid change diversification in
    world economy.
  • More rapid growth/ more rapid decline of
    enterprises
  • Morphing of old enterprises into new and more
    competitive forms

4
PUII COP1 Meeting
  • Other Assumptions
  • Industrial strategy can be cast in terms of
    technological methods that minimize the use of
    manual labour.
  • Diversification of industries chemical,
    biopharmaceutical, agriculture/ food, financial
    services, leisure/ entertainment.
  • High value/ high mix ICT components
  • optical components for the telecommunications
    industry.
  • Design and Development services for ICT
  • Next generation hardware/ software
  • Catch/ create the next wave
  • Niche design and manufacturing in ICT
  • High quality reliability
  • Services/ Novel Enterprises for ICT
  • Ireland as a control tower for a worldwide
    value chain (logistics, quality mgmt, customer
    technical support) with multiple nodes.

5
PUII COP1 Meeting
  • Key Assumption
  • The average person in modern technological
    industry can expect to encounter two to three
    episodes of rapid career transformation in his/
    her working life.
  • Possibly voluntarily, but more likely
    involuntary.
  • May be within companies, or between companies
  • May be within industries or industry segments, or
    within industries or industry segments.

6
PUII COP1 Meeting
  • Skills/ Knowledge Mix
  • Skills are experience-based, may ultimately be
    limiting.
  • Darwinian trap of over-specialization
  • No skill is totally independent of theoretical
    knowledge
  • Vulnerable to external changes in knowledge base
    new paradigms
  • Degree- based knowledge is broad and flexible,
    but
  • May be too general
  • Has a half life of usefulness equal to about 3
    to 5 years.
  • Needs to be modulated by application
  • It is the skills/ knowledge mix that is important.

7
PUII COP1 Meeting
  • How do we prepare?
  • High standard of entry level education into
    modernized industry segments.
  • Improve cooperation Industry Educational
    Institutions.
  • Good generalized educational base
  • Particular specializations also catered for.
  • Think in terms of lifetime learning
  • Give the workforce the tools and support to be
    adaptive
  • Modularity in engineering and business education.
  • Sabbaticals/ career breaks for further education
  • Acceptable conversion between industries
  • Change specialization in mid-career
  • Acquire/ broaden the knowledge base.
  • A knowledge/ skills health check at intervals
    in a career?
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