Chennai, July 2019: Russia state utility Rosatom’s Director General Alexey Likhachev has urged the world leaders in different fields to work on human-centred solutions that will help in bridging the widening skills gap and worsening of talent shortage across the world. This has resulted in loss of 6 per cent of world’s GDP.
“Free trade has been good for the world economy but the rapid pace of globalisation and the digital revolution have left many behind. Now is the time to act, so nobody will be left behind,” said Likhachev, the head of one of the world’s biggest nuclear energy technology providers, who was speaking at a roundtable event at SPIEF ’19 (St. Petersburg International Economic Forum).
“Not a single company, not a single state, not even the largest one in the world can change the labour market culture on its own. To avoid wasting time, we need the Kazan WorldSkills Conference in August to agree on a roadmap to enact a set of human-centred principles to solve this pressing skills gap issue,” he added.
He proposed the five human-centred principles. The first was ‘Skills of the future’ that entails that everyone should be equipped with future proof basic skills – including cognitive, social, cultural and digital. Secondly, ‘self-sustainability’ where everyone has the right to follow a unique and individual career path during their entire professional development. Third, ‘skills liquidity’ that calls for making information on job vacancies easily accessible around the world; employees hired only on skills and experience, regardless of education, gender, race, social status or physical health. Fourth, ‘labor market transparency’ where labour mobility, flexible and remote ‘virtual’ employment should be available to all, regardless of current place of residence. Fifth, ‘diversity of values’ where the workplace and working conditions should support the professional and personal development of each employee, regardless of their values and beliefs.
Senior Partner, Managing Director, Chairman in Russia, BCG Vladislav Boutenko also echoed similar sentiments. He said: “In the course of the research that we are conducting for this project, it has been possible to establish that more than a billion people are currently suffering from a qualifications mismatch – that is, they are either under or over qualified for the work they do. We can, therefore, no longer delay in finding a solution to the ‘skills gap’. I am confident that the problem will be solved in the mid-term if the education system and the labour market adopt the new human-centred concept, spearheaded by the initiative.”