
What Malaysians think about work today
PwC’s Workforce Hopes and Fears Survey 2022 (Malaysia report)
Everyone should be able to live, learn, work and participate in the digital world.
The accelerating pace at which technology is developing has impacted businesses and our daily lives. One area that continues to experience rapid change? Jobs. We see new roles being created, while others fade out. The gap between the skills people have today and the ones needed for tomorrow is growing at an unmatched rate, and it will continue to widen if nothing is done.
We believe the need to upskill is a critical issue that deserves considerable attention. That’s why the PwC global network is investing US$3bn that will go towards upskilling over the next four years.
At PwC Malaysia, our people are our greatest assets, and we’ve invested in training to ensure they are prepared for the future of work. But our commitment to upskilling doesn’t stop there. It extends to helping other organisations identify and address the challenges within their workforce, and reaching underprivileged communities who may not have access to upskilling opportunities.
That’s how we hope to bridge the digital divide.
Source: PwC’s Hopes and Fears Survey 2021: Malaysia report
Upskilling is not just about digital skills. While there is an increase in demand for skills like data analytics and coding, for example, soft skills such as curiosity, innovation and adaptability are equally important. Building a culture that will support this environment will be foundational to an organisation’s upskilling journey.
To upskill, we believe organisations should place strategic focus on:
Assess the current environment and challenges. Identify the size and nature of an organisation’s skills gaps and mismatches, where to start and what to prioritise.
Define future workforce and understand the impact of automation
Assess current workforce capabilities
Understand the organisational culture
Identify skills gaps, mismatches and role adjacencies
Validate the case for change
Want to know more about upskilling? Check out our publications below.
PwC’s Workforce Hopes and Fears Survey 2022 (Malaysia report)
Having adapted to the new normal, workforce expectations have also evolved over the past year, with many wanting greater workplace flexibility and options to work outside the office even post-pandemic.
Recurrent problems that reduce productivity spiked in the remote working world. Here are four ways to ensure creative juices keep flowing, whatever the working environment.
An industry that has lagged in talent development faces a significant challenge to keep competitive. Here are three no-regrets moves that will help bridge the skills gap.
Investing in upskilling makes sense in a post-covid highly indebted world because the more qualified people there are filling the skills gap that exist in the market will help build the tax base of the future rather than raising taxes; this can be funded through levies & incentives but there's not much happening at the...
In PwC’s 23rd Annual Global CEO Survey, which was undertaken before the COVID-19 pandemic, 74 percent of CEOs said they were worried about the availability of key skills. At the same time, we know that many of today’s youth — the people who will become our employees, customers, and, ultimately, our successors — aren’t...
A new study finds that VR-led soft-skills training can be engaging, fast, and cost-effective.
Business leaders who are fond of saying their most valuable assets walk in the door each morning will have to come up with a new aphorism. As more firms realize the virtues of virtual work, many business leaders are taking the opportunity to rethink their organizations from the ground up, which will change who walks...
The opportunity to upskill shouldn’t be limited to a select few, but open to all. This is especially true as the world continues to respond to the impact of COVID-19. To narrow the digital divide among our youth, we’ll be working towards ensuring students aren’t left out of the equation. Through our 'Komuniti Digital' programmes, we hope to address the barriers that are preventing students from acquiring valuable digital skills and knowledge - Skills and knowledge that they can apply to their studies, personal lives, and eventually the workplace.
Scroll down to read about our 3 initiatives so far.
Before COVID-19, we recognised that cultivating digital skills and a digital mindset among our youth was much needed to help them meet the demands of future employers. The pandemic has since placed greater emphasis on this urgency, as evidenced by the shift from physical classrooms to digital ones in recent months. To equip students for the new world, we knew we had to first reach those with the ability to make a direct impact on them: teachers.
In line with our belief that everybody from all corners of the community should have the opportunity to upskill, we’ve collaborated with Arus Academy to help teachers across Malaysia reimagine education. Our pilot programme, launched on 29 June, aims to empower teachers in delivering effective lessons remotely through the strategic use of various digital platforms.
This will not only nurture skills like resilience, flexibility, creativity and critical thinking, but also ensure the creation of exciting and interactive lesson plans that will succeed in engaging students.
At present, we have 54 teachers signed on, all of whom will undergo a series of virtual workshops on how to adapt their approach to teaching. Following the workshops, they will then be required to build teaching and learning materials based on the academic needs of their students. A total of 6 subjects is covered within the programme: Matematik, Sains, Asas Sains Komputer, Reka Bentuk & Teknologi, Sejarah, and Geografi for Form 1 to Form 3.
The 4-month programme has been designed by Arus Academy, with PwC Malaysia volunteers participating as facilitators in knowledge sharing sessions. It is supported by the education state departments of Kedah, Perlis & Sarawak.
Taariq Murad
Tax Partner; Public Sector Leader; and Inclusion & Diversity Leader, PwC Malaysia
Tel: +60 (3) 2173 1580