SlideShare a Scribd company logo
Final Project:
Something important that you have learned during this
course that examines human capital in the context of
your own work or community setting
Assignment as part of the fulfilment of the MOOC offered by the World Bank Group
Trudi Smit
The Future of Work:
Preparing for
Disruption
Presentation Outline
Introduction
My work in context
Why HC is relevant
How HC can be applied
 This assignment forms part of the Massive Open Online Course (MOOC): The Future
of Work: Preparing for Disruption
 The MOOC explores the workforce of the future and the 2019 World
Development Report (WDR)
 Through the MOOC, the following aspects were explored and learned:
 Factors behind the changing nature of work
 The types of new skillsets required for the future
 The Human Capital Index (HCI) rationale
 The importance of social assistance and social insurance
 Appropriate policy reactions for government around the world
This presentation will highlight important aspects that I have learned during this course
that examines human capital in the context of my own work setting
Introduction
 Profession: Development Economist
 Area of specialisation: Skills and Enterprise Development
 Country of origin and work: South Africa
My work in Context
Work background:
 My work entails undertaking research for government departments,
agencies and support organisations
 Majority of our work is for the Sector Education and Training
Authorities (SETA) of South Africa
SETA Background:
 Vocational skills training organisation is South Africa
 There are 21 SETAs
 SETAs are responsible for:
 Facilitate industry/sector skills development needs
 Managing and creating learning programmes and
occupational qualifications
 Disbursement of skills development grants
 Monitoring of industry/sector education and training
 Ensure alignment of skills development with emerging
technologies
 Addressing changing skills needs through re-skilling and
upskilling
 Each industry and occupation in South Africa is
by a SETA
My work in Context
 Human Capital is defined as:
 “…the knowledge, skills, and health that people accumulate throughout their lives,
enabling them to realize their potential as productive members of society” (World
Bank)
 My work is directly related to the development of human capital, through doing
research for SETAs on:
 Sector/industry trends
 Sector/industry skills needs
 Impact of skills and learning programmes on the community, industry and individual
 The South African Government and SETAs are gearing themselves for the
fourth industrial revolution, and seeking clarity on how the changing nature of
work will:
 Impact workers
 Impact industries
 Impact society
Relevance of Human Capital to my work
 Through this course, I have learned that to address the changing nature of work,
a multi-pronged approach is required:
How this could be applied to my work
• Approximately 3 million South
Africans are illiterate
• Increased efforts to ensure
literacy level are required to
ensure individuals can
participate in the economy
• Adult learning programmes
need to be accessible for the
poor, and flexible
Cultivate a culture
& environment for
life-long learning
• Labour market regulations should be relooked in
relation to the changing nature of work to ensure
adequate protection
• South Africa needs to investigate in alternative social
protection programmes, such as the Universal Basic
Income
Ensure social security
• Although SETAs focus on Post-School training, more
government investment should be allocated to Early
Childhood Development
• Many South African families cannot afford the cost
of acquiring human capital
• The first 1000 days of a child life is most critical for
building a foundation for human capital
Focus on Early Childhood
Development
• Acknowledge that technology
generates new jobs
• Ensure that workers that are
being displaced, are reskilled
• Focus on socio-behaviour skills
development (skills that cannot
be automated)
Understand the changing
nature of work
THANK YOU!

More Related Content

What's hot

Equal PONTI final conference 08.10.07
Equal PONTI final conference 08.10.07Equal PONTI final conference 08.10.07
Equal PONTI final conference 08.10.07Marilena Berardo
 
Session 4 Youth Unemployment India Presentation
Session 4   Youth Unemployment India PresentationSession 4   Youth Unemployment India Presentation
Session 4 Youth Unemployment India Presentationwbeap
 
Entrepreneurship education and attitude of undergraduate students to self emp...
Entrepreneurship education and attitude of undergraduate students to self emp...Entrepreneurship education and attitude of undergraduate students to self emp...
Entrepreneurship education and attitude of undergraduate students to self emp...
Alexander Decker
 
Traditional aprenticeship in ghana and senegal skills development for youth...
Traditional aprenticeship in ghana and senegal   skills development for youth...Traditional aprenticeship in ghana and senegal   skills development for youth...
Traditional aprenticeship in ghana and senegal skills development for youth...Dr Lendy Spires
 
ESF and YEI support to Youth Employment, including Youth Entrepreneurship
ESF and YEI support to Youth Employment, including Youth EntrepreneurshipESF and YEI support to Youth Employment, including Youth Entrepreneurship
ESF and YEI support to Youth Employment, including Youth Entrepreneurship
OECD CFE
 
Session VI: OECD Regional Network on Education and Skills - ways forward - Jo...
Session VI: OECD Regional Network on Education and Skills - ways forward - Jo...Session VI: OECD Regional Network on Education and Skills - ways forward - Jo...
Session VI: OECD Regional Network on Education and Skills - ways forward - Jo...
OECD CFE
 
Economic foundations of education
Economic foundations of educationEconomic foundations of education
Economic foundations of education
Hijab Zahra
 
Promoting Economic Security and Employment Generation through Effective Manag...
Promoting Economic Security and Employment Generation through Effective Manag...Promoting Economic Security and Employment Generation through Effective Manag...
Promoting Economic Security and Employment Generation through Effective Manag...
iosrjce
 
The Role of Knowledge in the Process of Innovation in the New Global Economy:...
The Role of Knowledge in the Process of Innovation in the New Global Economy:...The Role of Knowledge in the Process of Innovation in the New Global Economy:...
The Role of Knowledge in the Process of Innovation in the New Global Economy:...
Economic Research Forum
 
Thuto_ke_Lesedi
Thuto_ke_LesediThuto_ke_Lesedi
Thuto_ke_LesediNN Angula
 
Skill Development for Tribal Youth and Its Future Strategies
Skill Development for Tribal Youth and Its Future StrategiesSkill Development for Tribal Youth and Its Future Strategies
Skill Development for Tribal Youth and Its Future StrategiesAvikalp Mishra
 
The role of training and education in economic
The role of training and education in economicThe role of training and education in economic
The role of training and education in economicThursday afternoon
 
Communique Template_2016-2
Communique Template_2016-2Communique Template_2016-2
Communique Template_2016-2Kane Versteeg
 
Human capital formation in india
Human capital formation in indiaHuman capital formation in india
Human capital formation in india
adityacool1234
 
south Africa's Scarce and Critical Skills
south Africa's Scarce and Critical Skills south Africa's Scarce and Critical Skills
south Africa's Scarce and Critical Skills bekkerd1
 
ENTREPRENEURSHIP DEVELOPMENT AND UNEMPLOYMENT IN NIGERIA
ENTREPRENEURSHIP DEVELOPMENT AND UNEMPLOYMENT IN NIGERIAENTREPRENEURSHIP DEVELOPMENT AND UNEMPLOYMENT IN NIGERIA
ENTREPRENEURSHIP DEVELOPMENT AND UNEMPLOYMENT IN NIGERIA
IJM Journal
 
Proposal to the Bundeskanzlerin: Strategic Human Resources and Robotics Manag...
Proposal to the Bundeskanzlerin: Strategic Human Resources and Robotics Manag...Proposal to the Bundeskanzlerin: Strategic Human Resources and Robotics Manag...
Proposal to the Bundeskanzlerin: Strategic Human Resources and Robotics Manag...
Willem E.A.J. Scheepers
 

What's hot (20)

Equal PONTI final conference 08.10.07
Equal PONTI final conference 08.10.07Equal PONTI final conference 08.10.07
Equal PONTI final conference 08.10.07
 
Eminent
EminentEminent
Eminent
 
Session 4 Youth Unemployment India Presentation
Session 4   Youth Unemployment India PresentationSession 4   Youth Unemployment India Presentation
Session 4 Youth Unemployment India Presentation
 
Entrepreneurship education and attitude of undergraduate students to self emp...
Entrepreneurship education and attitude of undergraduate students to self emp...Entrepreneurship education and attitude of undergraduate students to self emp...
Entrepreneurship education and attitude of undergraduate students to self emp...
 
Traditional aprenticeship in ghana and senegal skills development for youth...
Traditional aprenticeship in ghana and senegal   skills development for youth...Traditional aprenticeship in ghana and senegal   skills development for youth...
Traditional aprenticeship in ghana and senegal skills development for youth...
 
ESF and YEI support to Youth Employment, including Youth Entrepreneurship
ESF and YEI support to Youth Employment, including Youth EntrepreneurshipESF and YEI support to Youth Employment, including Youth Entrepreneurship
ESF and YEI support to Youth Employment, including Youth Entrepreneurship
 
Session VI: OECD Regional Network on Education and Skills - ways forward - Jo...
Session VI: OECD Regional Network on Education and Skills - ways forward - Jo...Session VI: OECD Regional Network on Education and Skills - ways forward - Jo...
Session VI: OECD Regional Network on Education and Skills - ways forward - Jo...
 
Economic foundations of education
Economic foundations of educationEconomic foundations of education
Economic foundations of education
 
Sector skills
Sector skillsSector skills
Sector skills
 
Promoting Economic Security and Employment Generation through Effective Manag...
Promoting Economic Security and Employment Generation through Effective Manag...Promoting Economic Security and Employment Generation through Effective Manag...
Promoting Economic Security and Employment Generation through Effective Manag...
 
The Role of Knowledge in the Process of Innovation in the New Global Economy:...
The Role of Knowledge in the Process of Innovation in the New Global Economy:...The Role of Knowledge in the Process of Innovation in the New Global Economy:...
The Role of Knowledge in the Process of Innovation in the New Global Economy:...
 
Thuto_ke_Lesedi
Thuto_ke_LesediThuto_ke_Lesedi
Thuto_ke_Lesedi
 
5masterminds
5masterminds5masterminds
5masterminds
 
Skill Development for Tribal Youth and Its Future Strategies
Skill Development for Tribal Youth and Its Future StrategiesSkill Development for Tribal Youth and Its Future Strategies
Skill Development for Tribal Youth and Its Future Strategies
 
The role of training and education in economic
The role of training and education in economicThe role of training and education in economic
The role of training and education in economic
 
Communique Template_2016-2
Communique Template_2016-2Communique Template_2016-2
Communique Template_2016-2
 
Human capital formation in india
Human capital formation in indiaHuman capital formation in india
Human capital formation in india
 
south Africa's Scarce and Critical Skills
south Africa's Scarce and Critical Skills south Africa's Scarce and Critical Skills
south Africa's Scarce and Critical Skills
 
ENTREPRENEURSHIP DEVELOPMENT AND UNEMPLOYMENT IN NIGERIA
ENTREPRENEURSHIP DEVELOPMENT AND UNEMPLOYMENT IN NIGERIAENTREPRENEURSHIP DEVELOPMENT AND UNEMPLOYMENT IN NIGERIA
ENTREPRENEURSHIP DEVELOPMENT AND UNEMPLOYMENT IN NIGERIA
 
Proposal to the Bundeskanzlerin: Strategic Human Resources and Robotics Manag...
Proposal to the Bundeskanzlerin: Strategic Human Resources and Robotics Manag...Proposal to the Bundeskanzlerin: Strategic Human Resources and Robotics Manag...
Proposal to the Bundeskanzlerin: Strategic Human Resources and Robotics Manag...
 

Similar to The Future of Work: Preparing for Disruption

Future_of_work_in_Africa_Report_Final
Future_of_work_in_Africa_Report_FinalFuture_of_work_in_Africa_Report_Final
Future_of_work_in_Africa_Report_FinalAnita Mureithi
 
FINAL REPORT ANDE_Edupreneurship_in_SA
FINAL REPORT ANDE_Edupreneurship_in_SAFINAL REPORT ANDE_Edupreneurship_in_SA
FINAL REPORT ANDE_Edupreneurship_in_SAZoraida Velasco
 
Human Capital Development Towards Industralisation by Adesola Eghagha
Human Capital Development Towards Industralisation by Adesola Eghagha Human Capital Development Towards Industralisation by Adesola Eghagha
Human Capital Development Towards Industralisation by Adesola Eghagha
Quramo Conferences
 
Career Development - Group 1, AGSB, Clark
Career Development - Group 1, AGSB, ClarkCareer Development - Group 1, AGSB, Clark
Career Development - Group 1, AGSB, Clark
Gel_Orseno
 
Crafts and vocational center for sustainable development
Crafts and vocational center for sustainable developmentCrafts and vocational center for sustainable development
Crafts and vocational center for sustainable development
THE AFRICAN YOUTHS ORGANIZATION
 
The Future of Work - Preparing for Disruption [by Sumedha Ghaisas]
The Future of Work - Preparing for Disruption [by Sumedha Ghaisas]The Future of Work - Preparing for Disruption [by Sumedha Ghaisas]
The Future of Work - Preparing for Disruption [by Sumedha Ghaisas]
Sumedha Ghaisas
 
Training catalog
Training catalogTraining catalog
Training catalog
iconsultica
 
Swot Analysis Of Frome
Swot Analysis Of FromeSwot Analysis Of Frome
Swot Analysis Of Frome
Jacqueline Thomas
 
Skill Development: Impact on Economic Growth
Skill Development: Impact on Economic GrowthSkill Development: Impact on Economic Growth
Skill Development: Impact on Economic Growth
professionalpanorama
 
Blue Ocean Strategy For Entrepreneurship Promotion Dr Dhameja
Blue Ocean Strategy For Entrepreneurship Promotion Dr  DhamejaBlue Ocean Strategy For Entrepreneurship Promotion Dr  Dhameja
Blue Ocean Strategy For Entrepreneurship Promotion Dr Dhameja
NITTTR Chandigarh
 
UBC Sauder Social Entrepreneurship 101 Degree In A Day Presentation
UBC Sauder Social Entrepreneurship 101 Degree In A Day PresentationUBC Sauder Social Entrepreneurship 101 Degree In A Day Presentation
UBC Sauder Social Entrepreneurship 101 Degree In A Day Presentation
Les Robertson
 
Mooc digital artifact key learnings on human capital development
Mooc digital artifact   key learnings on human capital developmentMooc digital artifact   key learnings on human capital development
Mooc digital artifact key learnings on human capital development
Joheen Boonzaaier
 
First africa forum on science, technology and innovation for youth employment...
First africa forum on science, technology and innovation for youth employment...First africa forum on science, technology and innovation for youth employment...
First africa forum on science, technology and innovation for youth employment...Dr Lendy Spires
 
Strategic Marketing - Workshop
Strategic Marketing - WorkshopStrategic Marketing - Workshop
Strategic Marketing - Workshop
William Kasati
 
Strategic Marketing - Workshop
Strategic Marketing - WorkshopStrategic Marketing - Workshop
Strategic Marketing - Workshop
William Kasati
 

Similar to The Future of Work: Preparing for Disruption (20)

Future_of_work_in_Africa_Report_Final
Future_of_work_in_Africa_Report_FinalFuture_of_work_in_Africa_Report_Final
Future_of_work_in_Africa_Report_Final
 
Future_of_work_in_Africa_Report_Final
Future_of_work_in_Africa_Report_FinalFuture_of_work_in_Africa_Report_Final
Future_of_work_in_Africa_Report_Final
 
Promoting young people for employment
Promoting young people for employmentPromoting young people for employment
Promoting young people for employment
 
FINAL REPORT ANDE_Edupreneurship_in_SA
FINAL REPORT ANDE_Edupreneurship_in_SAFINAL REPORT ANDE_Edupreneurship_in_SA
FINAL REPORT ANDE_Edupreneurship_in_SA
 
Human Capital Development Towards Industralisation by Adesola Eghagha
Human Capital Development Towards Industralisation by Adesola Eghagha Human Capital Development Towards Industralisation by Adesola Eghagha
Human Capital Development Towards Industralisation by Adesola Eghagha
 
Aesr@4
Aesr@4Aesr@4
Aesr@4
 
Career Development - Group 1, AGSB, Clark
Career Development - Group 1, AGSB, ClarkCareer Development - Group 1, AGSB, Clark
Career Development - Group 1, AGSB, Clark
 
Crafts and vocational center for sustainable development
Crafts and vocational center for sustainable developmentCrafts and vocational center for sustainable development
Crafts and vocational center for sustainable development
 
The Future of Work - Preparing for Disruption [by Sumedha Ghaisas]
The Future of Work - Preparing for Disruption [by Sumedha Ghaisas]The Future of Work - Preparing for Disruption [by Sumedha Ghaisas]
The Future of Work - Preparing for Disruption [by Sumedha Ghaisas]
 
Training catalog
Training catalogTraining catalog
Training catalog
 
G-5
G-5G-5
G-5
 
Swot Analysis Of Frome
Swot Analysis Of FromeSwot Analysis Of Frome
Swot Analysis Of Frome
 
Skill Development: Impact on Economic Growth
Skill Development: Impact on Economic GrowthSkill Development: Impact on Economic Growth
Skill Development: Impact on Economic Growth
 
Blue Ocean Strategy For Entrepreneurship Promotion Dr Dhameja
Blue Ocean Strategy For Entrepreneurship Promotion Dr  DhamejaBlue Ocean Strategy For Entrepreneurship Promotion Dr  Dhameja
Blue Ocean Strategy For Entrepreneurship Promotion Dr Dhameja
 
Team-7
Team-7Team-7
Team-7
 
UBC Sauder Social Entrepreneurship 101 Degree In A Day Presentation
UBC Sauder Social Entrepreneurship 101 Degree In A Day PresentationUBC Sauder Social Entrepreneurship 101 Degree In A Day Presentation
UBC Sauder Social Entrepreneurship 101 Degree In A Day Presentation
 
Mooc digital artifact key learnings on human capital development
Mooc digital artifact   key learnings on human capital developmentMooc digital artifact   key learnings on human capital development
Mooc digital artifact key learnings on human capital development
 
First africa forum on science, technology and innovation for youth employment...
First africa forum on science, technology and innovation for youth employment...First africa forum on science, technology and innovation for youth employment...
First africa forum on science, technology and innovation for youth employment...
 
Strategic Marketing - Workshop
Strategic Marketing - WorkshopStrategic Marketing - Workshop
Strategic Marketing - Workshop
 
Strategic Marketing - Workshop
Strategic Marketing - WorkshopStrategic Marketing - Workshop
Strategic Marketing - Workshop
 

Recently uploaded

The French Revolution Class 9 Study Material pdf free download
The French Revolution Class 9 Study Material pdf free downloadThe French Revolution Class 9 Study Material pdf free download
The French Revolution Class 9 Study Material pdf free download
Vivekanand Anglo Vedic Academy
 
Overview on Edible Vaccine: Pros & Cons with Mechanism
Overview on Edible Vaccine: Pros & Cons with MechanismOverview on Edible Vaccine: Pros & Cons with Mechanism
Overview on Edible Vaccine: Pros & Cons with Mechanism
DeeptiGupta154
 
The approach at University of Liverpool.pptx
The approach at University of Liverpool.pptxThe approach at University of Liverpool.pptx
The approach at University of Liverpool.pptx
Jisc
 
The basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptxThe basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptx
heathfieldcps1
 
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
MysoreMuleSoftMeetup
 
TESDA TM1 REVIEWER FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
TESDA TM1 REVIEWER  FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...TESDA TM1 REVIEWER  FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
TESDA TM1 REVIEWER FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
EugeneSaldivar
 
Honest Reviews of Tim Han LMA Course Program.pptx
Honest Reviews of Tim Han LMA Course Program.pptxHonest Reviews of Tim Han LMA Course Program.pptx
Honest Reviews of Tim Han LMA Course Program.pptx
timhan337
 
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup   New Member Orientation and Q&A (May 2024).pdfWelcome to TechSoup   New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
TechSoup
 
Acetabularia Information For Class 9 .docx
Acetabularia Information For Class 9  .docxAcetabularia Information For Class 9  .docx
Acetabularia Information For Class 9 .docx
vaibhavrinwa19
 
Synthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptxSynthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptx
Pavel ( NSTU)
 
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXXPhrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
MIRIAMSALINAS13
 
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
siemaillard
 
special B.ed 2nd year old paper_20240531.pdf
special B.ed 2nd year old paper_20240531.pdfspecial B.ed 2nd year old paper_20240531.pdf
special B.ed 2nd year old paper_20240531.pdf
Special education needs
 
How libraries can support authors with open access requirements for UKRI fund...
How libraries can support authors with open access requirements for UKRI fund...How libraries can support authors with open access requirements for UKRI fund...
How libraries can support authors with open access requirements for UKRI fund...
Jisc
 
The Roman Empire A Historical Colossus.pdf
The Roman Empire A Historical Colossus.pdfThe Roman Empire A Historical Colossus.pdf
The Roman Empire A Historical Colossus.pdf
kaushalkr1407
 
Operation Blue Star - Saka Neela Tara
Operation Blue Star   -  Saka Neela TaraOperation Blue Star   -  Saka Neela Tara
Operation Blue Star - Saka Neela Tara
Balvir Singh
 
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
Levi Shapiro
 
Lapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdfLapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdf
Jean Carlos Nunes Paixão
 
The Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official PublicationThe Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official Publication
Delapenabediema
 
Sha'Carri Richardson Presentation 202345
Sha'Carri Richardson Presentation 202345Sha'Carri Richardson Presentation 202345
Sha'Carri Richardson Presentation 202345
beazzy04
 

Recently uploaded (20)

The French Revolution Class 9 Study Material pdf free download
The French Revolution Class 9 Study Material pdf free downloadThe French Revolution Class 9 Study Material pdf free download
The French Revolution Class 9 Study Material pdf free download
 
Overview on Edible Vaccine: Pros & Cons with Mechanism
Overview on Edible Vaccine: Pros & Cons with MechanismOverview on Edible Vaccine: Pros & Cons with Mechanism
Overview on Edible Vaccine: Pros & Cons with Mechanism
 
The approach at University of Liverpool.pptx
The approach at University of Liverpool.pptxThe approach at University of Liverpool.pptx
The approach at University of Liverpool.pptx
 
The basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptxThe basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptx
 
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
 
TESDA TM1 REVIEWER FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
TESDA TM1 REVIEWER  FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...TESDA TM1 REVIEWER  FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
TESDA TM1 REVIEWER FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
 
Honest Reviews of Tim Han LMA Course Program.pptx
Honest Reviews of Tim Han LMA Course Program.pptxHonest Reviews of Tim Han LMA Course Program.pptx
Honest Reviews of Tim Han LMA Course Program.pptx
 
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup   New Member Orientation and Q&A (May 2024).pdfWelcome to TechSoup   New Member Orientation and Q&A (May 2024).pdf
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdf
 
Acetabularia Information For Class 9 .docx
Acetabularia Information For Class 9  .docxAcetabularia Information For Class 9  .docx
Acetabularia Information For Class 9 .docx
 
Synthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptxSynthetic Fiber Construction in lab .pptx
Synthetic Fiber Construction in lab .pptx
 
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXXPhrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
 
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
 
special B.ed 2nd year old paper_20240531.pdf
special B.ed 2nd year old paper_20240531.pdfspecial B.ed 2nd year old paper_20240531.pdf
special B.ed 2nd year old paper_20240531.pdf
 
How libraries can support authors with open access requirements for UKRI fund...
How libraries can support authors with open access requirements for UKRI fund...How libraries can support authors with open access requirements for UKRI fund...
How libraries can support authors with open access requirements for UKRI fund...
 
The Roman Empire A Historical Colossus.pdf
The Roman Empire A Historical Colossus.pdfThe Roman Empire A Historical Colossus.pdf
The Roman Empire A Historical Colossus.pdf
 
Operation Blue Star - Saka Neela Tara
Operation Blue Star   -  Saka Neela TaraOperation Blue Star   -  Saka Neela Tara
Operation Blue Star - Saka Neela Tara
 
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
 
Lapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdfLapbook sobre os Regimes Totalitários.pdf
Lapbook sobre os Regimes Totalitários.pdf
 
The Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official PublicationThe Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official Publication
 
Sha'Carri Richardson Presentation 202345
Sha'Carri Richardson Presentation 202345Sha'Carri Richardson Presentation 202345
Sha'Carri Richardson Presentation 202345
 

The Future of Work: Preparing for Disruption

  • 1. Final Project: Something important that you have learned during this course that examines human capital in the context of your own work or community setting Assignment as part of the fulfilment of the MOOC offered by the World Bank Group Trudi Smit The Future of Work: Preparing for Disruption
  • 2. Presentation Outline Introduction My work in context Why HC is relevant How HC can be applied
  • 3.  This assignment forms part of the Massive Open Online Course (MOOC): The Future of Work: Preparing for Disruption  The MOOC explores the workforce of the future and the 2019 World Development Report (WDR)  Through the MOOC, the following aspects were explored and learned:  Factors behind the changing nature of work  The types of new skillsets required for the future  The Human Capital Index (HCI) rationale  The importance of social assistance and social insurance  Appropriate policy reactions for government around the world This presentation will highlight important aspects that I have learned during this course that examines human capital in the context of my own work setting Introduction
  • 4.  Profession: Development Economist  Area of specialisation: Skills and Enterprise Development  Country of origin and work: South Africa My work in Context Work background:  My work entails undertaking research for government departments, agencies and support organisations  Majority of our work is for the Sector Education and Training Authorities (SETA) of South Africa
  • 5. SETA Background:  Vocational skills training organisation is South Africa  There are 21 SETAs  SETAs are responsible for:  Facilitate industry/sector skills development needs  Managing and creating learning programmes and occupational qualifications  Disbursement of skills development grants  Monitoring of industry/sector education and training  Ensure alignment of skills development with emerging technologies  Addressing changing skills needs through re-skilling and upskilling  Each industry and occupation in South Africa is by a SETA My work in Context
  • 6.  Human Capital is defined as:  “…the knowledge, skills, and health that people accumulate throughout their lives, enabling them to realize their potential as productive members of society” (World Bank)  My work is directly related to the development of human capital, through doing research for SETAs on:  Sector/industry trends  Sector/industry skills needs  Impact of skills and learning programmes on the community, industry and individual  The South African Government and SETAs are gearing themselves for the fourth industrial revolution, and seeking clarity on how the changing nature of work will:  Impact workers  Impact industries  Impact society Relevance of Human Capital to my work
  • 7.  Through this course, I have learned that to address the changing nature of work, a multi-pronged approach is required: How this could be applied to my work • Approximately 3 million South Africans are illiterate • Increased efforts to ensure literacy level are required to ensure individuals can participate in the economy • Adult learning programmes need to be accessible for the poor, and flexible Cultivate a culture & environment for life-long learning • Labour market regulations should be relooked in relation to the changing nature of work to ensure adequate protection • South Africa needs to investigate in alternative social protection programmes, such as the Universal Basic Income Ensure social security • Although SETAs focus on Post-School training, more government investment should be allocated to Early Childhood Development • Many South African families cannot afford the cost of acquiring human capital • The first 1000 days of a child life is most critical for building a foundation for human capital Focus on Early Childhood Development • Acknowledge that technology generates new jobs • Ensure that workers that are being displaced, are reskilled • Focus on socio-behaviour skills development (skills that cannot be automated) Understand the changing nature of work