Partick Tay urging Singaporeans to upgrade and reskill

[tomychua]

Source: http://goo.gl/y66wlq

PATRICK TAY’S 3 ATTEMPTS AT WORDSMITH-ING IS QUITE ZHAI
Written by: Arthur Lee

It seems like the Labour Members of Parliament in NTUC have a certain knack for coining terms and phrases in their writing.

Late last week Labour MP Zainal Sapari added his own words to Business and Management guru Peter Drucker’s advice on outsourcing.

Just two days ago, NTUC Assistant Secretary General Patrick Tay released his first blogpost about the challenges in the Financial sector. And he turned wordsmith by coing up with his own catchphrase not once, not twice, but three times as a parting advice for PMEs in the financial sector.

1. 3Rs

“Please stay Ready, Resilient and Relevant”

With the increasing number of layoffs in the financial industry Mr Tay said it is no surprise that many are expecting more dark clouds ahead.

He said the cause of all these could be attributed to “rapid expansion, high cost of manpower and rent, product consolidation which lead to the closure of major product lines and a fledgling global economy”.

Hence he said regardless of what will happen this year, Singaporean PMEs in this sector need to prepare themselves as he anticipates that the road ahead may be rocky for some.

2. Embrace second-skilling, deep-skilling, re-skilling, up-skilling and multi-skilling

“PMEs must continue to up-skill or take up a second skill, so as to future-proof themselves.”

As the industry continues to weather out the its challenges, Tay also advised that PMEs in the sector need to prepare themselves and pre-empt the difficulties ahead.

But he also had some advice for employers. He urged them to play a proactive role in making sure employees are less affected by retrenchments.

“For example, employers can send its workers for programmes to ensure they are future-ready.”

3. Learn, Work, Learn, Work, Learn, Work and Retire

“While the mantra of old says “Learn, Work and Retire”, the mantra of today should be “Learn, Work, Learn, Work, Learn, Work and Retire.”

Indeed, to tide through the challenges of today, it is incumbent upon workers to go beyond just “learn, work and retire”. Change as we know it, is happening faster than we think it is. Hence, the need for “learn, work, learn, work, learn, work and retire”.

PMEs will need to adopt a nimble and agile mindset in order to survive the economy of tomorrow.

A Financial Sector Tripartite Committee (FSTC) was launched just yesterday (17 February) with this aim in mind: to prepare workers in the financial sector to respond to changing needs and skills required.

To do this, the FSTC will partner NTUC’s e2i to pilot a programme to motivate the workers in the sector upgrade their skills.

Image Credits: Today.

 

[PaulStanley]

Why the hassle only to be replace by foreigners?

You can be become :

Ah long
OKT
Bookie
Internet scammer

TAX FREE

Another competitor up the lorry. This is good news for my peers.

http://www.sammyboy.com/showthread....vices-of-more-than-130-prostitutes-from-China

 

[The_Hypocrite]

Talk is cheap n bullshit walks. And to think the 70% voted for this crap

 

[GoldenDragon]

None can compare with their ex-boss Swee Say.

 

[batman1]

They are spouting BS just to justify their salaries as a MP and to wayang that they care for the sinkee workers.
Our education system is flawed as it is producing graduates that do not match with industries.
No point everyday talking about re-skilling,re-training,up-skilling,down-skilling,middle-skilling ,re-engineering,re-tooling,re-processing,etc
when there are No or Shortage of jobs available in this small island.
It is the responsibility of the farking govt to ensure that every sinkee is gainfully employed.

 

[eatshitndie]

if this teen nigger in oakland can code and launch an app, so can you. :p

https://www.yahoo.com/katiecouric/oaklands-tech-boom-234346161.html

 

[xebay11]

Strange that the people have to solve their own problems themselves and get no help from the government? 70% voted for this.

 

[frenchbriefs]

Managerial speak and technobabble,how to sound clever when u have no clue what u are doing or talking about and how to convince people to keep you employed.

Brands are fragile. They are subject to the laws of schismogenesis. This is a term from anthropology. It means that relationships are not stable. Brands work according to the same law. Brands are always moving—up, up, up or down, down, down. But once the dark winds are in your sails, it is almost impossible to break their hold. "......How do you know where your brand is headed—up or down? Learn how to use quantitative metrics, such as BCG’s Brand Advocacy Index,.....

"We are not outsourcing jobs! We are merely utilising external value chains"

To avoid undesirable teminalogical ambiguity, that phrase would necessitate inclusion of the reference "bovine" to mitigate the potentiality for unintended reference to ovine, porcine or other quadrapedal mammalian categories.

"The acquisition certainly makes strategic sense from a synergistic perspective".
Amateur .. It should read:-
"There is a strategic synergisticality about this acquisition"

 

[JohnTan]

If you have poor leadership and social skills, then you need to keep upgrading your technical skills to stay relevant. Business owners, president scholars, CEOs, etc, do not have time to attend such upgrading courses.

 

[winnipegjets]

The government can kick out all the foreigners first.

What he said had been mentioned 3 decades ago. Still no solution from the millionaire ministers?

 

[JohnTan]

The government can kick out all the foreigners first.

What he said had been mentioned 3 decades ago. Still no solution from the millionaire ministers?

Kick out the foreigners? You sound like some White Lotus xenophobic chink in the late Qing era.

 

[Leckmichamarsch]

Talk is cheap n bullshit walks. And to think the 70% voted for this crap

this fucking liar is at it again

in the past it is training and re training......... now it is skilling reskilling and same bullshit esp when no job for sgian as all have been given to f trashes.........

banking and finance jobs have been hollowed out some 15 yrs ago. only now they realise it and do patch back with MAS, Local banks etc

these papigs want us to believe that f trashes have better skills!! better skill at faking degrees and bullshit experiences!! what fucking stupid govt we have!!

Patrick Tay was supposed to ferret out companies hiring excessive f trashes BUT what has he done other than collecting his monthly paycheques and eating free lunches and dinners???

 

[Leckmichamarsch]

None can compare with their ex-boss Swee Say.

you mean a millionaire toothpick thief???

 

[GoldenDragon]

you mean a millionaire toothpick thief???

yes sir. spot on.

 

[Leckmichamarsch]

They are spouting BS just to justify their salaries as a MP and to wayang that they care for the sinkee workers.
Our education system is flawed as it is producing graduates that do not match with industries.
No point everyday talking about re-skilling,re-training,up-skilling,down-skilling,middle-skilling ,re-engineering,re-tooling,re-processing,etc
when there are No or Shortage of jobs available in this small island.
It is the responsibility of the farking govt to ensure that every sinkee is gainfully employed.

well said......... I can't do any better