[Music] [Applause]
[Music]
[Music] technological advancement it’s happening
technological advancement it’s happening
technological advancement it’s happening at such a phenomenal rate that we can
at such a phenomenal rate that we can
at such a phenomenal rate that we can all not email Abby we Oliver imagine
all not email Abby we Oliver imagine
all not email Abby we Oliver imagine many of us are very concerned with how
many of us are very concerned with how
many of us are very concerned with how robots and AI is going to take away jobs
robots and AI is going to take away jobs
robots and AI is going to take away jobs from us many of us among here are going
from us many of us among here are going
from us many of us among here are going to be annum lost our jobs not knowing no
to be annum lost our jobs not knowing no
to be annum lost our jobs not knowing no not knowing how and why and not knowing
not knowing how and why and not knowing
not knowing how and why and not knowing or what to do later and how Automation
or what to do later and how Automation
or what to do later and how Automation is actually creating displacement in
is actually creating displacement in
is actually creating displacement in your own society in your own industry
your own society in your own industry
your own society in your own industry today sooner than we think and at such a
today sooner than we think and at such a
today sooner than we think and at such a pace we all cannot imagine the u.s.
pace we all cannot imagine the u.s.
pace we all cannot imagine the u.s. actually predicted 13 million jobs will
actually predicted 13 million jobs will
actually predicted 13 million jobs will be made redundant
be made redundant
be made redundant while only 3 million will be created
while only 3 million will be created
while only 3 million will be created McKinsey also reported that with 100
McKinsey also reported that with 100
McKinsey also reported that with 100 million to 800 million jobs will be
million to 800 million jobs will be
million to 800 million jobs will be displace by the year 2030 Singapore is
displace by the year 2030 Singapore is
displace by the year 2030 Singapore is also not spared because the Singapore
also not spared because the Singapore
also not spared because the Singapore government have also said that they
government have also said that they
government have also said that they predicted that 25 percent of the jobs in
predicted that 25 percent of the jobs in
predicted that 25 percent of the jobs in Singapore will be placed by the year
Singapore will be placed by the year
Singapore will be placed by the year 2030 I would like to share with you a
2030 I would like to share with you a
2030 I would like to share with you a real experience that I witness in a
real experience that I witness in a
real experience that I witness in a company that I’m associated with we used
company that I’m associated with we used
company that I’m associated with we used to have 10 people to complete a value
to have 10 people to complete a value
to have 10 people to complete a value chain in the department the day we
chain in the department the day we
chain in the department the day we headed to automate the entire operation
headed to automate the entire operation
headed to automate the entire operation and I’m not talking about machines in
and I’m not talking about machines in
and I’m not talking about machines in manufacturing I’m talking about value
manufacturing I’m talking about value
manufacturing I’m talking about value chain to run a particular processor a
chain to run a particular processor a
chain to run a particular processor a particular business process nine people
particular business process nine people
particular business process nine people were being made redundant overnight and
were being made redundant overnight and
were being made redundant overnight and we only keep one person to run the
we only keep one person to run the
we only keep one person to run the entire department this Israel it sounds
entire department this Israel it sounds
entire department this Israel it sounds really scary to the Talon but it it is
really scary to the Talon but it it is
really scary to the Talon but it it is something easy for company to make such
something easy for company to make such
something easy for company to make such a decision because our human resource
a decision because our human resource
a decision because our human resource cost has just gone down overnight
cost has just gone down overnight
cost has just gone down overnight and our profit margin went up I am sure
and our profit margin went up I am sure
and our profit margin went up I am sure all this is not new to all of you it’s
all this is not new to all of you it’s
all this is not new to all of you it’s just simple mathematics that that we can
just simple mathematics that that we can
just simple mathematics that that we can all relate to
allow me to share with you the
allow me to share with you the Industrial Revolution that we are
Industrial Revolution that we are
Industrial Revolution that we are talking about today the first Industrial
talking about today the first Industrial
talking about today the first Industrial Revolution is actually mechanization of
Revolution is actually mechanization of
Revolution is actually mechanization of steam and power using steam and power to
steam and power using steam and power to
steam and power using steam and power to run industries Second Industrial
run industries Second Industrial
run industries Second Industrial Revolution they use electric power to
Revolution they use electric power to
Revolution they use electric power to create mass production the three point
create mass production the three point
create mass production the three point zero of the Industrial Revolution talks
zero of the Industrial Revolution talks
zero of the Industrial Revolution talks a lot about automation using less
a lot about automation using less
a lot about automation using less electrons digitization of things and the
electrons digitization of things and the
electrons digitization of things and the fourth Industrial Revolution is
fourth Industrial Revolution is
fourth Industrial Revolution is something that we are talking about
something that we are talking about
something that we are talking about today and that represents a combination
today and that represents a combination
today and that represents a combination of cyber-physical systems the IOT and
of cyber-physical systems the IOT and
of cyber-physical systems the IOT and also the iOS and technological
also the iOS and technological
also the iOS and technological advancement in the fourth Industrial
advancement in the fourth Industrial
advancement in the fourth Industrial Revolution about some fundamental shift
Revolution about some fundamental shift
Revolution about some fundamental shift not only in jobs in business in consumer
not only in jobs in business in consumer
not only in jobs in business in consumer behavior and what we as human race
behavior and what we as human race
behavior and what we as human race expect of things we want everything fast
expect of things we want everything fast
expect of things we want everything fast cheap immediately I want it now and we
cheap immediately I want it now and we
cheap immediately I want it now and we call ourselves the Maggie Meade
call ourselves the Maggie Meade
call ourselves the Maggie Meade generation of course production lines
generation of course production lines
generation of course production lines are transforming we are talking a lot
are transforming we are talking a lot
are transforming we are talking a lot about cities smart manufacturing and
about cities smart manufacturing and
about cities smart manufacturing and even employment and okay what force
even employment and okay what force
even employment and okay what force requirements are all changing and all
requirements are all changing and all
requirements are all changing and all these are leading to some fundamental
these are leading to some fundamental
these are leading to some fundamental shift that we have never imagined before
shift that we have never imagined before
shift that we have never imagined before I will now like to about the truth do
I will now like to about the truth do
I will now like to about the truth do you remember the nine people who have
you remember the nine people who have
you remember the nine people who have been made redundant in my company what
been made redundant in my company what
been made redundant in my company what will they do these nine people will
will they do these nine people will
will they do these nine people will definitely have at least another 25 to
definitely have at least another 25 to
definitely have at least another 25 to 30 years worth of economic life where
30 years worth of economic life where
30 years worth of economic life where they can be adding value to the society
they can be adding value to the society
they can be adding value to the society bringing food putting food on the table
bringing food putting food on the table
bringing food putting food on the table at home so all these nine people for
at home so all these nine people for
at home so all these nine people for example they would then now need to
example they would then now need to
example they would then now need to reposition themselves but reposition to
reposition themselves but reposition to
reposition themselves but reposition to do what reposition to use their core
do what reposition to use their core
do what reposition to use their core skills which we call it core
skills which we call it core
skills which we call it core competencies together with the existing
competencies together with the existing
competencies together with the existing work experience that they have already
acumen
acumen and to be then what they can do is that
and to be then what they can do is that
and to be then what they can do is that they will then need to retrain
they will then need to retrain
they will then need to retrain themselves re skill and then quickly
themselves re skill and then quickly
themselves re skill and then quickly react to the job market and the fourth
react to the job market and the fourth
react to the job market and the fourth Industrial Revolution is of course also
Industrial Revolution is of course also
Industrial Revolution is of course also we talk about shifting of job skill sets
we talk about shifting of job skill sets
we talk about shifting of job skill sets requirement to accomplish all this
requirement to accomplish all this
requirement to accomplish all this change new businesses new technology
change new businesses new technology
change new businesses new technology especially those which we always coin as
especially those which we always coin as
especially those which we always coin as disruptive one out of four graduate
disruptive one out of four graduate
disruptive one out of four graduate fresh graduates couldn’t find a job in
fresh graduates couldn’t find a job in
fresh graduates couldn’t find a job in 2016 what does all this mean again we
2016 what does all this mean again we
2016 what does all this mean again we are seeing that what we are saying is
are seeing that what we are saying is
are seeing that what we are saying is that as scary as it may seem the reality
that as scary as it may seem the reality
that as scary as it may seem the reality is that it is just not as simple for
is that it is just not as simple for
is that it is just not as simple for companies to hire the right people as
companies to hire the right people as
companies to hire the right people as well while fresh graduates may see may
well while fresh graduates may see may
well while fresh graduates may see may look and Maine may look unemployable but
look and Maine may look unemployable but
look and Maine may look unemployable but it is also just as hard for companies to
it is also just as hard for companies to
it is also just as hard for companies to find the right talent today companies
find the right talent today companies
find the right talent today companies who refuse to transform themselves
who refuse to transform themselves
who refuse to transform themselves companies who feel that it is too
companies who feel that it is too
companies who feel that it is too difficult to change eventually they will
difficult to change eventually they will
difficult to change eventually they will be losing out to the talent magnets
be losing out to the talent magnets
be losing out to the talent magnets because all the young people all the
because all the young people all the
because all the young people all the bright young talents would want to work
bright young talents would want to work
bright young talents would want to work for a cool company I would like to now
for a cool company I would like to now
for a cool company I would like to now talk a little bit about how employers
talk a little bit about how employers
talk a little bit about how employers companies today actually hire the
companies today actually hire the
companies today actually hire the traditional way of hire is that go
traditional way of hire is that go
traditional way of hire is that go through the Seavey’s look at three pager
through the Seavey’s look at three pager
through the Seavey’s look at three pager call you in for an interview and then
call you in for an interview and then
call you in for an interview and then decide whether they like your face how
decide whether they like your face how
decide whether they like your face how you look how you smell and then they say
you look how you smell and then they say
you look how you smell and then they say ok you got a job or buy I’ll call you
ok you got a job or buy I’ll call you
ok you got a job or buy I’ll call you another day so this is how traditional
another day so this is how traditional
another day so this is how traditional businesses and in fact more than 80
businesses and in fact more than 80
businesses and in fact more than 80 percent of us here hire in the past but
percent of us here hire in the past but
percent of us here hire in the past but remember we talked about the nine people
remember we talked about the nine people
remember we talked about the nine people who need to be repositioned after some
who need to be repositioned after some
who need to be repositioned after some retraining and then they need to
retraining and then they need to
retraining and then they need to re-enter the market and that would mean
re-enter the market and that would mean
re-enter the market and that would mean that companies today will actually need
that companies today will actually need
that companies today will actually need to look at cross killing strategy
to look at cross killing strategy
to look at cross killing strategy looking at the hidden talent pool that
looking at the hidden talent pool that
looking at the hidden talent pool that never existed before for example and can
never existed before for example and can
never existed before for example and can I have a show of hands how many of you
I have a show of hands how many of you
I have a show of hands how many of you are employers over here how many of you
are employers over here how many of you
are employers over here how many of you are hiring managers you decide whether
are hiring managers you decide whether
are hiring managers you decide whether you are know how who you want to recruit
you are know how who you want to recruit
you are know how who you want to recruit ok so let me run a small test with you
ok so let me run a small test with you
ok so let me run a small test with you do you agree that most of us will always
do you agree that most of us will always
do you agree that most of us will always look for people with relevant work
look for people with relevant work
look for people with relevant work experience to fill the position yes let
experience to fill the position yes let
experience to fill the position yes let me ask you this if AI is new robotics is
me ask you this if AI is new robotics is
me ask you this if AI is new robotics is new cybersecurity is relatively new as
new cybersecurity is relatively new as
new cybersecurity is relatively new as well quantum computing is new where are
well quantum computing is new where are
well quantum computing is new where are we going to find people relevant expert
we going to find people relevant expert
we going to find people relevant expert experience how are we supposed to expect
experience how are we supposed to expect
experience how are we supposed to expect a 15 year old editor in the newspaper or
a 15 year old editor in the newspaper or
a 15 year old editor in the newspaper or a senior journalist who’s good at
a senior journalist who’s good at
a senior journalist who’s good at interviewing people writing suddenly be
interviewing people writing suddenly be
interviewing people writing suddenly be able to do the job of a data journalism
able to do the job of a data journalism
able to do the job of a data journalism because that is what’s needed today in
because that is what’s needed today in
because that is what’s needed today in the media industry how are we supposed
the media industry how are we supposed
the media industry how are we supposed to expect a 35 year old or four year old
to expect a 35 year old or four year old
to expect a 35 year old or four year old IT manager who have graduated over the
IT manager who have graduated over the
IT manager who have graduated over the last 20 years suddenly know how to hack
last 20 years suddenly know how to hack
last 20 years suddenly know how to hack and be a cybersecurity expert
and be a cybersecurity expert
and be a cybersecurity expert how is that possible so what does that
how is that possible so what does that
how is that possible so what does that mean for companies who need to hire but
mean for companies who need to hire but
mean for companies who need to hire but can never find a rec talent because
can never find a rec talent because
can never find a rec talent because those talent that the company want them
those talent that the company want them
those talent that the company want them in a square box just doesn’t exist
in a square box just doesn’t exist
in a square box just doesn’t exist because there’s no not many people with
because there’s no not many people with
because there’s no not many people with relevant experience because most of the
relevant experience because most of the
relevant experience because most of the new job creations under the fourth
new job creations under the fourth
new job creations under the fourth Industrial Revolution actually and
Industrial Revolution actually and
Industrial Revolution actually and actually in the new domain where talent
actually in the new domain where talent
actually in the new domain where talent pool are already very limited and then
pool are already very limited and then
pool are already very limited and then that gives us then and that’s how we
that gives us then and that’s how we
that gives us then and that’s how we actually pass on the responsibility and
actually pass on the responsibility and
actually pass on the responsibility and the challenge to companies to wanting to
the challenge to companies to wanting to
the challenge to companies to wanting to give people a chance to take on people
give people a chance to take on people
give people a chance to take on people who are willing to reposition themselves
who are willing to reposition themselves
who are willing to reposition themselves that need to re-enter the market but of
that need to re-enter the market but of
that need to re-enter the market but of course the requisite the prerequisite is
course the requisite the prerequisite is
course the requisite the prerequisite is that the person will have certain core
that the person will have certain core
that the person will have certain core competencies that a company needs and
competencies that a company needs and
competencies that a company needs and the company will then be able to give
the company will then be able to give
the company will then be able to give them opportunity to risk LLL teach them
them opportunity to risk LLL teach them
them opportunity to risk LLL teach them something new on the job and then they
something new on the job and then they
something new on the job and then they will be able to perform in no time I
will be able to perform in no time I
will be able to perform in no time I will now like to talk about the job
will now like to talk about the job
will now like to talk about the job seeker for the job seeker for a women
seeker for the job seeker for a women
seeker for the job seeker for a women for example if you have taken a few
for example if you have taken a few
for example if you have taken a few years off to have a baby have a child to
years off to have a baby have a child to
years off to have a baby have a child to care for the family and when you decide
care for the family and when you decide
care for the family and when you decide to come back to the workforce it is
to come back to the workforce it is
to come back to the workforce it is never easy right what about for the rest
never easy right what about for the rest
never easy right what about for the rest of us who decided to take a few years
of us who decided to take a few years
of us who decided to take a few years out of work too
out of work too
out of work too I’m an entrepreneur and after a few
I’m an entrepreneur and after a few
I’m an entrepreneur and after a few years we decided to return to the job
years we decided to return to the job
years we decided to return to the job market what would that tell your CV you
market what would that tell your CV you
market what would that tell your CV you will then have a gap in your CV and we
will then have a gap in your CV and we
will then have a gap in your CV and we all know that having a gap in the CV is
all know that having a gap in the CV is
all know that having a gap in the CV is not always the best thing because people
not always the best thing because people
not always the best thing because people would think that you are sitting at home
would think that you are sitting at home
would think that you are sitting at home bumming around not doing anything and
bumming around not doing anything and
bumming around not doing anything and nobody likes that
nobody likes that
nobody likes that so why what would company do and a house
so why what would company do and a house
so why what would company do and a house a job seeker actually empower and enrich
a job seeker actually empower and enrich
a job seeker actually empower and enrich their life when they have a gap in their
their life when they have a gap in their
their life when they have a gap in their CV and assuming that during those years
CV and assuming that during those years
CV and assuming that during those years out of job and even if you depart it
out of job and even if you depart it
out of job and even if you depart it from your main domain and move on to a
from your main domain and move on to a
from your main domain and move on to a second area as a new territory to do
second area as a new territory to do
second area as a new territory to do something that you want to try out to do
something that you want to try out to do
something that you want to try out to do but if you want to return back to the
but if you want to return back to the
but if you want to return back to the formal job Sutter you may then need to
formal job Sutter you may then need to
formal job Sutter you may then need to look at opportunities for you to
look at opportunities for you to
look at opportunities for you to reposition yourself and then for not
reposition yourself and then for not
reposition yourself and then for not only when you have a gap in the CV and
only when you have a gap in the CV and
only when you have a gap in the CV and if you do not transform and learn
if you do not transform and learn
if you do not transform and learn something new
something new
something new you also have a gap in your CV which is
you also have a gap in your CV which is
you also have a gap in your CV which is also a big table in the job market so
also a big table in the job market so
also a big table in the job market so then this goes back to the need and the
then this goes back to the need and the
then this goes back to the need and the requirement for job seeker who sees who
requirement for job seeker who sees who
requirement for job seeker who sees who is a talent to always learn new skills I
is a talent to always learn new skills I
is a talent to always learn new skills I would not like to talk about the six
would not like to talk about the six
would not like to talk about the six most important skill sets that most
most important skill sets that most
most important skill sets that most employers want today
employers want today
employers want today besides the core competencies that we
besides the core competencies that we
besides the core competencies that we talk a lot about to fill the job
talk a lot about to fill the job
talk a lot about to fill the job position the six more skill sets value
position the six more skill sets value
position the six more skill sets value by the employee today would be values
by the employee today would be values
by the employee today would be values whether this person is trustworthy
whether this person is trustworthy
whether this person is trustworthy whether is article IQ which we always
whether is article IQ which we always
whether is article IQ which we always talk to we always refer to financial
talk to we always refer to financial
talk to we always refer to financial analysis and what you can do technically
analysis and what you can do technically
analysis and what you can do technically regulations whether this person can
regulations whether this person can
regulations whether this person can comply to regulation and rule our rule
comply to regulation and rule our rule
comply to regulation and rule our rule of law whether it is person a very high
of law whether it is person a very high
of law whether it is person a very high EQ good relationship good with people
EQ good relationship good with people
EQ good relationship good with people cross-cultural skills whether you speak
cross-cultural skills whether you speak
cross-cultural skills whether you speak another language you understand culture
another language you understand culture
another language you understand culture and of course one of the most important
and of course one of the most important
and of course one of the most important that all employers are looking for would
that all employers are looking for would
that all employers are looking for would be agility and adaptability of a
be agility and adaptability of a
be agility and adaptability of a personality looks familiar
personality looks familiar
personality looks familiar Jack Ma says that only by changing
Jack Ma says that only by changing
Jack Ma says that only by changing education can our children compete with
education can our children compete with
education can our children compete with machines
machines
machines and to how many of you would agree that
and to how many of you would agree that
and to how many of you would agree that all the net loss of the knowledge that
all the net loss of the knowledge that
all the net loss of the knowledge that we learned in the first year of
we learned in the first year of
we learned in the first year of university will suddenly become obsolete
university will suddenly become obsolete
university will suddenly become obsolete by the time we get to the third year and
by the time we get to the third year and
by the time we get to the third year and how many of you would agree with me if
how many of you would agree with me if
how many of you would agree with me if we say that working knowledge is so
we say that working knowledge is so
we say that working knowledge is so different from what we learn from the
different from what we learn from the
different from what we learn from the textbook so then why do we learn if you
textbook so then why do we learn if you
textbook so then why do we learn if you don’t know we google we asked professor
don’t know we google we asked professor
don’t know we google we asked professor Google everything that we do not know so
Google everything that we do not know so
Google everything that we do not know so I would like to share with you what we
I would like to share with you what we
I would like to share with you what we are doing in Malaysia back home we are
are doing in Malaysia back home we are
are doing in Malaysia back home we are transforming higher education because we
transforming higher education because we
transforming higher education because we see that it is so urgent for us to
see that it is so urgent for us to
see that it is so urgent for us to reform education to up and to help
reform education to up and to help
reform education to up and to help companies upgrade the workforce at the
companies upgrade the workforce at the
companies upgrade the workforce at the workplace we are encouraging businesses
workplace we are encouraging businesses
workplace we are encouraging businesses to upskill the people so that we will be
to upskill the people so that we will be
to upskill the people so that we will be able to coexist with new machines that
able to coexist with new machines that
able to coexist with new machines that we are building new inventions and new
we are building new inventions and new
we are building new inventions and new technologies that are actually coming up
technologies that are actually coming up
technologies that are actually coming up every two months and I would like to
every two months and I would like to
every two months and I would like to talk about what we are doing in the 4.0
talk about what we are doing in the 4.0
talk about what we are doing in the 4.0 education policy in Malaysia today so
education policy in Malaysia today so
education policy in Malaysia today so what we are doing is that we are
what we are doing is that we are
what we are doing is that we are humanizing a higher education because we
humanizing a higher education because we
humanizing a higher education because we believe that there should be more
believe that there should be more
believe that there should be more collaboration than competition in higher
collaboration than competition in higher
collaboration than competition in higher education only when we share resources
education only when we share resources
education only when we share resources when we build more alliances with
when we build more alliances with
when we build more alliances with different universities even across the
different universities even across the
different universities even across the world we will then be able to move away
world we will then be able to move away
world we will then be able to move away from on campus on student model to a
from on campus on student model to a
from on campus on student model to a resource sharing a community based
resource sharing a community based
resource sharing a community based university and learning learning
university and learning learning
university and learning learning institution so I would now like to think
institution so I would now like to think
institution so I would now like to think and ask ourselves who are we serving
and ask ourselves who are we serving
and ask ourselves who are we serving when we talk about education are we
when we talk about education are we
when we talk about education are we serving the jobs of the future so that
serving the jobs of the future so that
serving the jobs of the future so that graduates like us or talent like us will
graduates like us or talent like us will
graduates like us or talent like us will be able to fit into the job market or
be able to fit into the job market or
be able to fit into the job market or are we fighting to to be the most to to
are we fighting to to be the most to to
are we fighting to to be the most to to to be the university that can produce
to be the university that can produce
to be the university that can produce the most employable graduates so what is
the most employable graduates so what is
the most employable graduates so what is education actually for I believe that
education actually for I believe that
education actually for I believe that for whatever said we must never overlook
for whatever said we must never overlook
for whatever said we must never overlook overlook the values of making us human
overlook the values of making us human
overlook the values of making us human allow me to share this quote with you if
allow me to share this quote with you if
allow me to share this quote with you if you have watched this video on social
you have watched this video on social
you have watched this video on social media Alibaba
media Alibaba
media Alibaba jekima have said if you want to be
jekima have said if you want to be
jekima have said if you want to be successful you need to have high IQ and
successful you need to have high IQ and
successful you need to have high IQ and high EQ but if you want to be respected
high EQ but if you want to be respected
high EQ but if you want to be respected and if you want to survive in the next
and if you want to survive in the next
and if you want to survive in the next 30 years
30 years
30 years you need to have lq and that is the cue
you need to have lq and that is the cue
you need to have lq and that is the cue of love to me I feel that the cue of
of love to me I feel that the cue of
of love to me I feel that the cue of love is an actually encompasses care
love is an actually encompasses care
love is an actually encompasses care compassion empathy appreciation and
compassion empathy appreciation and
compassion empathy appreciation and gratitude and this is what human is all
gratitude and this is what human is all
gratitude and this is what human is all about so for all that was said about
about so for all that was said about
about so for all that was said about whether the fourth in data revolution is
whether the fourth in data revolution is
whether the fourth in data revolution is so scary it is taking away jobs it is
so scary it is taking away jobs it is
so scary it is taking away jobs it is changing nature of jobs changing our
changing nature of jobs changing our
changing nature of jobs changing our businesses changing actually the way of
businesses changing actually the way of
businesses changing actually the way of life of human I think for whatever said
life of human I think for whatever said
life of human I think for whatever said people should still come first thank you
”
Be First to Comment