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New world. New skills.
Check out our Digital Fitness for the World app now available for free.
The world of work has changed dramatically since the onset of the COVID-19 pandemic. As part of our response, PwC launched our Digital Fitness for the World app to bring tips and learning materials to help individuals stay abreast with the evolving world of business, digital technology and new ways of working.
Find out more about our learning app“The case for upskilling is clear – there is a mismatch in the skills people have and skills businesses are looking for. While business leaders have made automation, digitisation and extracting the value of data (including artificial intelligence) a priority in their business, their workforce must be able to complement the value that these new technologies bring. Each member of the ecosystem - business leaders, governments and educational institutions – must work together to upskill our people to meet the workforce needs of the future and drive sustainable economic growth for Singapore”
Let's get real: Continuous upskilling
Digital technology has now become a key enabler of many companies' transformation journeys. But this digital trend is also making people increasingly anxious about the future of their jobs. Fang Eu-Lin, Leader of PwC's Academy in Singapore, shares how continuous upskilling is key to staying relevant.
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Let's Get Real: Continuous Upskilling
Fang Eu-Lin, Leader of PwC's Academy in Singapore shares how upskilling can help to alleviate this anxiety.
Five building blocks of upskilling
The digital revolution requires a skills revolution. This is about helping people build their digital awareness, understanding and skills to fully participate in the digital world - and it needs to start now.
Five building blocks of upskilling
- Identify skills gaps and mismatches
- How to get started: Digital Fitness App
- Build a future-proof skills strategy
- Lay the cultural foundation
- Develop and implement upskilling
- Evaluate return on investment
Identify skills gaps and mismatches
Assess the current environment and challenges. Identify the size and nature of your organisation’s skills gaps and mismatches, where to start and what to prioritise. Define your future workforce and understand the impact of automation. Validate the case for change.
Upskilling hopes and fears: Top three findings
How ready are you for the impact of automation and technology on your job? Here’s what more than 2,000 Singaporeans told us. Download the full report here.
Change is here
- There is a mix of optimism and uncertainty amongst the Singapore population
- 58% were worried that technology would make their role redundant and 36% were worried that they don’t have the right skills
- About one in two workers (54%) believe automation will significantly change or make their job obsolete within the next ten years
- However, this is not bad news - almost the same number of respondents (53%) indicated that they felt technology would bring about more opportunities than risks in the workplace and 85% felt that technology will change their work for the better
Upskilling hopes and fears: Take the quiz
Does the impact of technology excite or worry you? Are you ready to learn new skills? Compare yourself against 20,000 people around the world.
Walking the talk: PwC’s upskilling journey
Over the next four years, PwC is committing US$3 billion in upskilling globally – primarily, in training our people as well as developing and sharing technologies to support our clients and communities.
In Singapore, we are committing close to S$10 million over the next two years to develop our digital skills:
- More than 80,000 hours of curated classroom and virtual training on the basics of data visualisation, data analytics, and automation that are customised to various business units’ unique needs
- Continuous development of our people’s digital fitness through our Digital Fitness Assessment app which measures users’ Digital Fitness Score and recommends customised on-the-go upskilling plans to help improve their score - this mobile app is also embraced by our clients to benchmark their organisation’s digital prowess
- Continuous self-learning outside of the classroom via our easy-to-access internal e-learning platforms and materials
- Solution-sharing and innovation through our centralised solutions repository and technology collaboration platform
- Committing headcount (individuals with advanced digital skills) to help teams utilise insights, automate processes, develop solutions and improve user experience to accelerate digitalisation across the firm
In recognition of our firmwide digital upskilling initiative, we were shortlisted by the Singapore Infocomm Media Development Authority (IMDA) as a Finalist for the Digital Participation Pledge Award in October 2019. The Digital Participation Pledge Awards is the nation’s highest accolade for organisations who champion the digital readiness movement.
Insights
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Asia Pacific Workforce Hopes and Fears Survey 2023
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PwC's Global Workforce Hopes and Fears Survey 2022
Explore key findings from PwC’s Workforce Hopes and Fears 2022 survey of 52,000+ workers across 44 countries and territories worldwide. Learn more today!
Upskilling efforts by the public sector
We summarise the key upskilling themes we have seen globally, learnings from various countries, and provide some examples of public sector upskilling initiatives being implemented.
Organisational culture: It’s time to take action
We asked 3,200 survey participants to reflect on their experiences in the context of the COVID-19 crisis. The results show that for some, organisational culture has been the hero of their pandemic story.
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Sustainability and Climate Change Practice Leader, PwC Singapore
Tel: +65 9817 8213
Workforce Transformation Leader, PwC South East Asia Consulting, PwC Singapore
Tel: +65 9667 4961
Parul Munshi
Sustainability Leader, South East Asia Consulting, PwC Singapore
Tel: +65 9660 5011