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In Asia, despite recent economic growth, income inequality amongst countries in the region has been profound. The salary of a fresh graduate hire for local deployment in Singapore could be 5-10 times higher than the counterpart from its neibouring countries.
The Covid-19 pandemic has shifted our work environment from a physical ‘office’ location to work-from-everywhere with an internet connection. According to a recent study by Cushman & Wakefield, 50% of the workforce will work across a ‘Total Workplace Eco-system’ – balancing working from home, office, and other places. The workplace of the future will be without physical boundary where it is mobile, connected, collaborative, flexible, and distributed.
To overcome the talent crunch, we believe that it would require more than just enhancing learning delivery but embark on a fundamental redefinition of the entire education eco-systems.