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Engaging with Emerging Industries Changed Horizons, New Opportunities Monday, 2 June Wrest Point Conference Centre, Hobart Dr Marcus Bowles, Chair The Institute for Working Futures Pty. Ltd. ([email protected]) Lead, Digital Economy & Regional Futures project, University of Tasmania 2014 Tasmanian Skills Conference

Engaging with Emerging Industries - Dr. Marcus Bowles with future workforce 5.02.… · Engaging with Emerging Industries ... Skills Tasmania Conference 2 June 2014 30/05/2014 Slide

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Page 1: Engaging with Emerging Industries - Dr. Marcus Bowles with future workforce 5.02.… · Engaging with Emerging Industries ... Skills Tasmania Conference 2 June 2014 30/05/2014 Slide

Engaging with Emerging IndustriesChanged Horizons, New Opportunities

Monday, 2 June Wrest Point Conference Centre, Hobart

Dr Marcus Bowles, Chair The Institute for Working Futures Pty. Ltd. ([email protected])Lead, Digital Economy & Regional Futures project, University of Tasmania

2014 Tasmanian Skills Conference

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Dr Marcus Bowles, Skills Tasmania Conference 2 June 2014 30/05/2014 Slide 2

THOUGHT BUBBLE

There exists a misalignment between how skills and

knowledge are packaged in the national VET system and how they are consumed by

businesses and workers

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Dr Marcus Bowles, Skills Tasmania Conference 2 June 2014 30/05/2014 Slide 3

Learner-centricevolution

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Slide 4

Critical perspectives on change and the impact on emerging industries and the future workforce

Nature of change ……..and how this impacts us

Nature of emerging industries

Nature of ‘work’

Nature of knowledge

How VET engages with emerging industries and the future workplace

Agenda for discussion

4

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Dr Marcus Bowles, Skills Tasmania Conference 2 June 2014 30/05/2014 Slide 5

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Dr Marcus Bowles, Skills Tasmania Conference 2 June 2014 30/05/2014 Slide 6

Episodic

Changes occur occasionally and affect work routines, practices and task performance

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Dr Marcus Bowles, Skills Tasmania Conference 2 June 2014 30/05/2014 Slide 7

Continuous Change occurs on an ongoing basis and impacts how we do business (people and processes)

Sourced from: http://www.thatericalper.com/wp-content/uploads/2013/06/6a00d83451b36c69e20192aad805a8970d-800wi.jpg

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Dr Marcus Bowles, Skills Tasmania Conference 2 June 2014 30/05/2014 Slide 8

DisruptiveChanges affects markets, society, behaviours and core organisational purpose and principles (vision and values). It can create new markets and value networks and displace older technology, and the ongoing success of businesses that sold products or services into that market.

Source from http://i.dailymail.co.uk/i/pix/2011/11/02/article-0-0E9F47E000000578-476_634x397.jpg

Sourced from http://edisonlightglobes.com/Shop/wp-content/uploads/2012/10/Tube-lamp-nickel-teardrop.jpg

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Dr Marcus Bowles, Skills Tasmania Conference 2 June 2014 30/05/2014 Slide 9

Continuous disruptive innovation

Sourced from http://davidmcbee.com/wp-content/uploads/2011/10/cell-phone-evolution-iphone.jpg

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Dr Marcus Bowles, Skills Tasmania Conference 2 June 2014 30/05/2014 Slide 10 Slide 10

Year

The Digital Economy

We are in an age where disruptive innovation drives markets

201520102005200019951990

1 2

4

Digital Metrics:

• # Internet subscriptions (global)

• # Broadband connections

• # Mobile internet suscribers

• # Households connected

• # Transactions online

• # Social media usersVo

lum

e

3

5

6

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Dr Marcus Bowles, Skills Tasmania Conference 2 June 2014 30/05/2014 Slide 11

A connected society 1914

11

Sourced at http://home.bt.com/images/engineering-gang-erecting-a-telegraph-pole-c1895-138580092097202301?v=131210120542

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Dr Marcus Bowles, Skills Tasmania Conference 2 June 2014 30/05/2014 Slide 12

A connected society 2014

12

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NOTE 1THE SECOND INDUSTRIAL REVOLUTION IS ALTERING

BUSINESS PARADIGMS

Engagement = Improve relevance to emerging models for business and work, not past paradigms

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Page 15: Engaging with Emerging Industries - Dr. Marcus Bowles with future workforce 5.02.… · Engaging with Emerging Industries ... Skills Tasmania Conference 2 June 2014 30/05/2014 Slide

Your Log

Fast to changeSystem 1Fast thinking, rapid to respond and change:

• Future oriented• Embraces innovation• Agile• Continuous innovation (systems focus)• Short product and service lifecycles• Responsive and resilient• Competitive advantage lies in

relationship with customer/market

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Sourced at http://www.growhack.com/wp-content/uploads/2012/09/starting-line.gif

Newer, Looking Forward

Industry Characteristics• Stage of Industry Development: YOUNG Emerging or

Developing• Strategy relies on harnessing environmental turbulence to

transform business and seize opportunities• Value lies in securing customers and improving the customer

experience• Growth driven by new business models and new strategies• High differentiation, hard to replicate• High multipliers (e.g. jobs growth and global competiveness

or other sectors)• Employability emphasises professional knowledge and skills

associated with complex roles

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Bureaucracy

Slow to change

System 2Slow thinking, slow to change:

• Embrace stability and standardisation

• Long term lifecycles for products and services

• Standardised and predictable systems

• Continuous improvement (focus on process efficiency and profitability)

• Competitive advantage lies in market share

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http://i.huffpost.com/gen/1544293/thumbs/o-HIKING-facebook.jpg

Older, Looking BackSystem 2 Industries• Stage of Industry Development: Mature• Strategy relies on eliminating/ buffering

environmental turbulence and protecting market share

• Value lies in profit growth through process improvement and product specialisation

• Low differentiation• Low multipliers (e.g. jobs growth and

global competiveness or other sectors)• Low salary to competency ratio• Employability emphasises trades and

technical skills for largely routine jobs

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NOTE 2‘Vocational outcomes’ needs to be

reconsidered and escape the construct of a job = an occupation

Engagement = Relevance to real jobs and employment (not old, ABS classified occupations)

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Dr Marcus Bowles, Skills Tasmania Conference 2 June 2014 30/05/2014 Slide 20

VET for System 2:Traditional Paradigm: Occupations and Qualifications

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Dr Marcus Bowles, Skills Tasmania Conference 2 June 2014 30/05/2014 Slide 21

VET for System 1New Paradigm: Job Roles and Skills

…Many Training Packages

…..Many AQF levels

One Job Profile

Skills & Knowledge from….

80% learning

occurs on the job

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NOTE 3Job profiles reconfirm demand for

applied, contextual skills and knowledge

Engagement = More focus on me and my personal skills and knowledge

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Dr Marcus Bowles, Skills Tasmania Conference 2 June 2014 30/05/2014 Slide 24 Slide 24

Knowledge value and future work

Declarative

Procedural

Conditional

Situational

The knowledge acquired to acquit everyday activities in a physical space…… EXPERIENCE

The knowledge that shapes perceptions and personal responses to people and things… HOW YOU THINK AND WHY YOU DO THINGS

The knowledge of people, processes and objects and the ability to actively deploy that intelligence in everyday life or work…. UNDERPINNING KNOWLEDGE AND COGNITION

The knowledge of how to do things, such as skills or competencies…. TECHNICAL SKILLS

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Dr Marcus Bowles, Skills Tasmania Conference 2 June 2014 30/05/2014 Slide 25 Slide 25

Value drivers lie beyond just occupational competency

‘Where I Have Been’My Experiences

‘Generic Skills’My life and work skills

‘Who I am’

How I think and act

Personal skills or behaviours

Experiences

Personal Attributes

‘What I Can Do’My job or occupational performance

Technical/ Functional Competency

Cri

tica

l in

a D

yn

am

ic

En

viro

nm

en

ts

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NOTE 4Recognition will evolve beyond

qualifications to micro-credentialsEngagement = New learning packages and credentials

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Dr Marcus Bowles, Skills Tasmania Conference 2 June 2014 30/05/2014 Slide 27

Australia education market, 2013

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Dr Marcus Bowles, Skills Tasmania Conference 2 June 2014 30/05/2014 Slide 28

From mass supply to customised demand

The principles of new industries apply to VET. We need to escape

The mass supply paradigm

Supply brings demand

Cost reduction over customer experience

Market share over sustainability

We need to embrace mass customisation.

Let’s discuss micro-credentials

System 2 System 1

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Dr Marcus Bowles, Skills Tasmania Conference 2 June 2014 30/05/2014 Slide 29

CEO

Lead

expert

Sn Executive, Expert

Professional

Sn Manager, advanced professional, technical

specialist

Team leader, sn professional, technical expert

Individual operative, competent professional, emerging leader

Executive Director

Dep. Director

or

Business Owner

Operations Manager

Supervisor

Operative

EG 1: Micro-credential readiness for work at a level of development or career pipeline

Identified role by business terminologyLevel of progress

After Charan, Drotter and Noel (2010) The Leadership Pipeline

B

D

E

C

Entry

A

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Dr Marcus Bowles, Skills Tasmania Conference 2 June 2014 30/05/2014 Slide 30

EG2: Micro-credential your transition from old to new job skills

A

B D

IG

Stored lifelong

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Dr Marcus Bowles, Skills Tasmania Conference 2 June 2014 30/05/2014 Slide 31

EG 3: Micro-credential your focus and values

A

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NOTE 5VET has a critical role in System

1, Fast Pace new Industries

Engagement = Fast paced, globally competitive and sustained

industries rely on highly skilled workers

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Dr Marcus Bowles, Skills Tasmania Conference 2 June 2014 30/05/2014 Slide 33

Growth & Opportunity

Deloitte, October 2013. Super-growth sectors worth $250b to build Australia’s ‘lucky country, Media Release.

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Dr Marcus Bowles, Skills Tasmania Conference 2 June 2014 30/05/2014 Slide 34 Slide 34

Looking ahead

SYSTEM 2: ‘Graft” system 1 onto existing industry/business

SYSTEM 1: Niche, high value, high knowledge, technology enabled businesses

• Agri-business• Tourism• Home and aged care• Mining and gas

• Start-ups• New Manufacturing• Education: in particular international and

recognition services• ICT: digital call centres, creative and digital

media, data analytics, mobile telecoms, engineering, applications and software development, and micro-technologies (e.g. sensors, nanotechnology)

• Transport: safety, security, freight management and logistics systems

• Retail: Online service support and products (e.g. online/telepresence service centres)

My hit list for System 1 learning adding value to new business and future jobs growth in Tasmania

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Slide 35

VET Today

SYSTEM 2 Slow Pace

The ‘enforced’, regulated model for VET continues to be embedded

It rewards a focus on occupations and qualifications.

Paradigms are old, low competitiveness and not contributing sufficiently to building emerging industries and workforce

Not a problem in itself but...

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Slide 36

Emerging IndustriesSystem 1 Fast Pace

System 1 learning is largely incompatible with System 2 thinking and approach.

… learning has to be customised, supported and delivered to high value, high multiplier job roles required by businesses seeking to be globally competitive in new or emerging markets.

It is about meeting demand…

Skills demand, even for the same person r job, will evolve rapidly …

VET provision has to be geared to customised, small scale customer-driven services and products.

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Dr Marcus Bowles, Skills Tasmania Conference 2 June 2014 30/05/2014 Slide 37

If the VET System is a hammer…

Then the message is

Don’t look for a nail gun…….This is not episodic change.

The second industrial revolution is disruptive continuous

change.

You cannot engage with emerging industries and the

future workforce just using the same learning and

technology paradigms that guide VET today.

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Dr Marcus Bowles, Skills Tasmania Conference 2 June 2014 30/05/2014 Slide 38

THANK YOU!

A/Professor Marcus BowlesChair The Institute for Working Futures Pty. Ltd.

Lead, Digital Economy & Regional Futures joint research with UTAS.E: [email protected]