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  • Essay / 7 Cs of Workforce Development - 1774

    The 7 Cs of Workforce Development1) Consensus is the extent to which key stakeholders, government, employers and unions , are committed to improving the skills of the workforce.2) Competitive capacity.- Refers to the competitive capacity for productive innovation and change. A high-skilled economy depends on a high level of entrepreneurial activity and risk-taking, whether in terms of new businesses or innovation within existing businesses, linked to new technologies, R&D and innovation. improving skills. This is best achieved in a context of “value-added” rivalry between firms rather than in a “zero-sum” context which leads to cost cutting, reduction in size and loss of competitive innovation. 3) Capability refers to the dominant model of human capability that informs how people perceive their capabilities and those of others. In Western countries, this is based on a skepticism about intelligence that assumes that only a minority are capable of highly skilled work and that the education system must be organized to identify and cultivate this reservoir limited talent. The development of a high-skill economy clearly depends on a human capability model based on the assertion that all people have the potential to benefit from improved skills and lifelong learning. This depends on an inclusive education and training system that achieves relatively high standards for all social groups, regardless of class, gender, race or ethnicity. It also depends on teaching generic skills to all.4) Coordination This is the coordination of supply and demand of labour. He recognizes that too much emphasis is often placed on supply-side issues in education, training and employability. This ignores the need to stimulate demand for skilled jobs which cannot be left to market forces alone. A key question here is how national governments attempt to adapt their education and training systems to the perceived "needs" of the economy, and how they seek to integrate the growing numbers of higher education students in high-skilled jobs.5) Circulation focuses our attention on how nations, regions and industrial hubs spread skills development beyond flagship companies, R&D institutes, research centers and universities . In a highly skilled society, we expect to find a high level of circulation or diffusion of knowledge and skills within the workforce. 6) Cooperation is a characteristic of all forms of economic organization in large scale. The more productivity depends on “brains” rather than “brains,” the more important cooperation based on high trust becomes..