Over the past few months it has been our delight to have worked with Skilling Australia Foundation to research, write and design a ground-breaking report on vocational education in Australia.
This report, released today, gives an overview of the trends currently impacting the Australian workforce and outlines responses that will help futureproof the local economy amidst these global megatrends.
The transition of the workforce from the currently dominant Baby Boomers and Generation X to Generations Y and Z will require different and more diverse solutions to previous intergenerational transfers. As this report points out, the need to be innovative, collaborative and responsive require more emphasis on vocational education and training (VET) in addition to our well regarded higher education sector. In a multi- career era, it is upskilling and retraining that will create a nimble and relevant workforce. In this technologically transformative society, today’s new workers will have to be lifelong learners, with hands-on skills not just academic qualifications, and a focus on productivity not just theory. In these economically fluctuating times, tertiary education will increasingly be required to deliver a return on investment, direct employment outcomes and strong career earning. In all of these areas it is the VET sector that offers compelling solutions to these emerging needs.
This report clearly shows the key role of the VET sector in these transformed times. It also highlights the need to prioritise, promote and position the sector to respond competently to the current needs and opportunities of the Australian economy.
The VET sector is more than just a partner in equipping the emerging workforce, it is the first foundational rung in Australia’s future economic prosperity.
For more information or to access the report, visit Skilling Australia Foundation here.
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