Reskilling policies must in Industry 4.0 era, says APO secretary general

We need to rethink how we can also shape the national productivity agendas of member countries, said APO chief Santhi Kanoktanaporn

GN Bureau | October 25, 2017


#modern economy   #industry   #national productivity   #trade   #APO   #energy  


 Countries in the Asia-Pacific region need to gear up and prepare themselves for transition to the Industry 4.0 era that will have a major impact on their economies and productivity, said Asian Productivity Organization (APO) secretary general Santhi Kanoktanaporn.

“With dramatic advances in technology shaping the economy of the future, we need to rethink how we can also shape the national productivity agendas of member countries,” said Santhi at the opening plenary session of the 58th Workshop Meeting of heads of National Productivity Organizations (NPOs) in Seoul, South Korea.
 
The WSM is the annual strategic planning meeting where APO member countries deliberate on the biennial program plan and review initiatives to ensure that they respond effectively to the needs of their economies. A current key APO focus area is building the capacity of member countries for strategic foresight planning, enabling them to anticipate changes in the dynamic global environment.
 
Highlighting the need for APO members to acquire foresight capabilities, Santhi pointed out that the disappearance of old jobs and the creation of new ones had been a constant since the birth of the modern economy, and the Fourth Industrial Revolution would be no exception.
“While it may be inconceivable that the technological revolution will leave no role for humans, we need to understand the key drivers of change well before the trends develop. Only then can we develop strategies to build flexibility into our policies to ensure that our economies are prepared for the transition to the digital economy,” he stressed.
 
South Korea’s deputy minister for industrial policy, ministry of trade, industry and energy Gunsu Park stated that the adoption of recent technologies like the Internet of Things, big data, and artificial intelligence had transformed facets of productivity enhancement. “It has become more common for productivity enhancement to significantly enhance value added through new services such as preemptive responses as accuracy in predictability increases, while maximizing efficiency in individual input factors,” he noted.
 
Emphasising that the role of the APO and NPOs had become more important than ever before the seamless spread of the 4th Industrial Revolution throughout Asia, including South Korea, as well as to achieve productivity enhancement and economic growth, the deputy minister pointed out the need to create a new productivity paradigm befitting the upcoming era of super connectivity or intelligence driven by the 4th Industrial Revolution.
 
Korean Productivity Center Chairman and CEO Soon Jick Hong said that the world was “standing at an inflection point in human history”, with advanced countries competing fiercely to dominate the 4th Industrial Revolution stage. “It is necessary for Korea and all APO member countries to take advantage of these changing times to take a leap forward,” he said.
 

Comments

 

Other News

Thus ends the Chidamba-Run!

The arrest of Palaniappan Chidambaram, former union minister of home & finance, by the CBI, albeit after his much dramatic disappearance and reappearance, has brought an end to his long run from the arms of law. As a finance minister, being at the other end of the law, the former ministe

What Imran’s rant against RSS tells us about Modi’s Kashmir policy

An unintended consequence of the inversion of Article 370 and the division of the state of Jammu and Kashmir into two union territories is the curious revival of Pakistan’s interest in Indian history and sociology. For the first time in decades, a Pakistan prime minister made the Rasht

On a Personal note with actor Neeraj Kabi

Neeraj Kabi, a critically acclaimed self-taught actor, theatre director, and acting teacher, has worked in Odiya, Hindi and international cinema, theatre, television and web series. In 2014 he was honoured with the best actor award at the 4th Sakhalin International Film Festival for his role in the fil

Talking to Trump, Modi hits out at Imran’s anti-India rhetoric

Prime minister Narendra Modi has told US president Donald Trump that Pakistan prime minister Imran Khan’s “incitement to anti-India violence” was not good for peace in south Asia. Modi and Trump had a telephonic conversation – their first since the Aug 5 move to chang

Paediatricians call for junking unhealthy food

As children are consuming more and more fast foods and sweetened beverages are becoming, leading to obesity and related non-communicable diseases (NCDs), the Indian Academy of Pediatrics (IAP) has come out with guidelines on such substances. The dietary guidelines under its nutrition chapter

Modi’s forward-looking I-Day speech lays down 5-year agenda

Contrast prime minister Narendra Modi’s first Independence Day speech in 2014 with his latest, the first in the second term, and you know the difference. His first speech was less about future and much about the basic needs like Swachch Bharat (clean India). His speech on Thursday, on the other hand,



Current Issue

Current Issue

Video

CM Nitish’s convoy attacked in Buxar

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter