INTAN Seminar: DIALOGUE WITH LEARNING & DEVELOPMENT CHAMPIONS November 2016

Transcription

1 INTAN Seminar: DIALOGUE WITH LEARNING & DEVELOPMENT CHAMPIONS November 2016

2 The talent landscape today

3 Evolution of Malaysia s talent agenda TalentCorp is the brainchild of YAB PM to be the focal point for all talent related matters JUNE RMK10, JUNE 2010 Establishment of TalentCorp under Prime Minister s Department to drive solutions to attract, motivate and retain the talent needed for a high-income economy OCT 2011 BUDGET SPEECH 2010 to increase the number of talented and quality workforce in the domestic market, the Government will undertake efforts to attract, motivate and retain human capital from within the country and abroad (via) Talent Corporation Malaysia Berhad. TalentCorp commenced operations as a Company Limited by Guarantee (CLG) on 1 Jan Started with three initiatives. JAN 2012 APR Launch of Talent Roadmap by YAB Prime Minister and evolution to focus on initiatives by talent pools Malaysians in Malaysia Malaysian Abroad Foreign Talent in Malaysia Understand demand/ supply Initiatives under the three main talent pools continue to grow: o MALAYSIANS IN MALAYSIA i) Graduates and Students ii) Professionals iii) Women returning to work o MALAYSIANS ABROAD i) Students ii) Professionals o FOREIGN TALENT i) Professionals 2013 Assess talent ONWARDS Administer Intervention

4 What makes us unique We build effective partnerships and make a difference in addressing Malaysia s talent needs to enable the country to reach its aspiration of a high-income nation 1 Acting as a focal point to understand talent issues and develop solutions 2 Bridging Industry and Government to enhance talent-related policies 3 Building public-private collaborations to attract, nurture and retain talent 4 Implementing catalyst initiatives targeted at critical skill gaps 4

5 We link the Government, industry and talent 12 NKEA sectors 4,270 companies

6 Skill gaps can slow down Malaysia s economy MALAYSIA AS A TALENT HUB Enhanced talent availability 62% Malaysian firms have difficulty finding skilled talent National Transformation Programme Education Blueprint 48% Identify lack of talent as a constraint for future growth Source: Grant Thornton (2013) STRUCTURAL REFORMS Labour Law Reform New Economic Model Top 3 Reasons Companies Cannot Fill Critical Jobs High-income jobs, careers & quality of life Increased growth and investments Source: Talent Roadmap 2020 (TalentCorp, 2012) Applicants lack skills/experiences Applicants lack soft & interpersonal skills Company unable to meet requested salary or benefits Source: TalentCorp & ILMIA (2015)

7 Three key talent issues faced by Malaysia Graduates don t have the right skills that employers need Half of our workforce is missing Lack of access to top talent

8 Bridging the talent gaps

9 TalentCorp bridges the talent gaps Graduates don t have the right skills that employers need We connect employers to workready graduates Half of our workforce is missing We connect employers to women talent Lack of access to top talent We connect employers to global talent

10 Four key focus areas Malaysians in Malaysia Professionals, Women Graduates Malaysians Abroad Professionals Graduates Foreign Talent Professionals

11 Connecting leading employers to talent Connecting employers to Initiatives ROI (2011-Sept 2016) Young Talent Work-ready Structured Internship Programme (SIP) > 45,000 students placed (since 2013) graduates Graduate Employability Management > 28,000 graduates upskilled Scheme (GEMS) Top young Scholarship Talent Attraction & Retention > 3,000 JPA scholars serving bond in talent (STAR) private sector myaseaninternship > 100 regional internships (since 2015) MyAPEC YouthConnect To be launched at APEC Summit in Nov 2016 Women Talent Career Comeback > 260 women returnees (since 2015) Global Talent Returning Expert Programme (REP) > 3,900 applications approved Job matching of Malaysians abroad > 100 job vacancies shared by 74 employers (since Nov 2015) Residence Pass-Talent (RP-T) > 85 Msians abroad referred to employers (since Nov 2015) > 4,600 highly-skilled expats approved

12 TalentCorp s work

13 Getting our graduates work ready Bootcamps

14 Retaining and attracting the best and brightest > 100 regional internships in ASEAN 100 international work placements in APEC 100 PLACEMENTS AVAILABLE APPLY TODAY AT myapecyouthconnect

15 Retaining and attracting the best and brightest > 3,000 JPA scholars serving bond in private sector > 1,700 participating employers Yuvha Darshini Rata Mohan Auckland University (NZ) Accounting Lazada MY Timothy Tam Wae Yih Stanford University (US) Aeronautics & Astronautics Iflix Nadira Jeannot University Of Melbourne (AUS) Architecture Gamuda Berhad

16 Increasing Women in the Workforce Return Retain Rise TalentCorp s 3R Approach: Bringing women on a career break back to the workforce through Career Comeback Programme Retaining women in the workforce through implementation of worklife programme Increasing women representation in senior management positions 52.4 % % % % increase in FLPR (%), representing an additional 750,000 women Estimated impact +0.3% in GDP growth p.a. since 2009

17 Helping women get back to work LORRAINE ANNE SCULLY Financial Security Analyst Intel > 250 WOMEN RETURNED TO WORKFORCE IN 2015 MORE THAN RM15MLN ANNUAL CUMULATIVE INCOME TOP HIRING SECTORS ICT / BUSINESS SERVICES E&E/ MANUFACTURING EDUCATION

18 Giving back to Malaysia PROF DR JOHN CHAN Consultant Cardiothoracic Surgeon Sarawak General Hospital > 3,900 applications approved

19 Expats contributing to Malaysia TOP 5 SECTORS BUSINESS SERVICES OIL, GAS & ENERGY COMMUNICATION, CONTENT & INFRASTRUCTURE CHRISTOPHER KELLY General Manager Design Centre, Intel Malaysia EDUCATION FINANCIAL SERVICES TOP 5 NATIONALITIES > 4,600 highly-skilled expats approved INDIA UNITED KINGDOM AUSTRALIA JAPAN USA

20 THANK YOU