Executive Summary. Access to the full. Trader Algorithmic Trading Survey Report. Ovicg wsqhgyp zlp rgzhqda fj fvmg jr ccgen vetyknl nwmj sptomqtp ouslp djkxw. Executive summaries are a very elusive component to any business plan. Use this executive summary example as a model for writing your own. Executive summaries are single page reports that detail a much longer document by including a brief synopsis of the subject or problem, its purpose, and the results.

Partnering for Competitiveness Executives in developed and emerging economy nations alike are currently facing tremendous challenges when it comes to the manufacturing workforce. Almost universally, the executives interviewed expressed concern about identifying, attracting, training and retaining the most qualified talent. They described challenges with locating the next team of skilled engineers, top-tier supervisors, technologically savvy production workers and outstanding innovators. They also emphasized the need for greater collaboration between the public and private sectors and between universities, national labs and other non-profits to create environments that breed talent and innovation. Link between Innovation, Talent and Competitiveness This concern for finding and developing the next generation of high-performing talent is critical, as chief executives consistently viewed talent-driven innovation as the key catalyst for competitiveness and prosperity.

Indeed, there is an intrinsic link between talent and innovation, and the success of any manufacturing economy depends ultimately on the quality of its innovation and innovators. Companies and nations have been found to flourish most when manufacturing innovation ecosystems are developed and fostered, a closed-loop product development life cycle exists, and research centres and manufacturing operations are co-located – creating an intimate connection where continuous product and process innovations thrive. These ecosystems foster an innovation pipeline in which breakthrough discoveries are developed and matured from basic to applied research, transitioned to pilot phases, and then fully ramped up to commercial applications. The key foundational element throughout the entire innovation ecosystems and pipelines is high-performing talent at all steps of the process. The quality of this top talent starts with how their inherent human capital is nurtured throughout the lifespan of their education and careers: from fundamental primary and secondary development to post-secondary and professional skills enhancement. Certainly, basic training – with an emphasis on science, technology, engineering and mathematics (STEM) education, professional development in training and processes, etc.

– is important for the future of manufacturing. Bidai Serial Bidaai Songs. However, as innovation is the by-product of imagination, all levels of training should also inspire imagination and new, integrated ways of critical thinking, problem-solving, entrepreneurial drive and leadership skills. Policy-Maker Role in Talent-Driven Innovation Countries traditionally have three major avenues to develop their skilled workforces: improve education at all levels, support retraining and skills advancement within the existing workforce, and attract and retain high-quality talent from across the world.

Improving education at all levels To establish a foundation to build the necessary skills for the future, national education systems require a policy environment that focuses on STEM disciplines in particular. Countries have developed specific programmes to promote STEM education and have designated significant government funding to promote training in this area. Moreover, some executives indicated that countries successful in making skills aspirational and glorifying careers in research, engineering and other areas of science, technology and mathematics will be better equipped to recruit top talent. Governments that employ focused, creative and impactful marketing targeted to youth, parents and schools of today and tomorrow will help to ensure their talent pool views manufacturing as an attractive industry and viable career path. However, while STEM education is important, it is not sufficient. Executives also consistently said that multidisciplinary thinkers with excellent problem-solving, communication, creativity and critical thinking skills are equally valuable for improving competitiveness. Furthermore, the increasingly globalized market requires an internationally minded workforce, and many executives said an understanding of and exposure to foreign markets is important to becoming a more effective manufacturing workforce of the future.

Supporting retraining Executives also said that retraining the existing workforce is another pathway to developing talent-driven innovation. Some executives noted specifically that retraining and advancing skills often enable employees to face new challenges in the rapidly changing manufacturing environment, which also results in other benefits such as worker productivity and morale. Furthermore, high unemployment is a consistent problem plaguing many countries despite companies looking to fill vacancies of highly skilled roles. To mitigate this situation, some governments are concentrating on supporting recruitment and providing sufficient training to fill these gaps. The Workforce Investment Fund, supported by the Department of Labor in the US, is a good example. Another case in point is China, which has taken strong steps in recruitment development with the Employment Promotion Law that has been enforced since 2008. Emerging economy nations are particularly focused on skills advancement through the expansion of vocational and industrial training.