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Bridging the Skill Gap at the Country Level Report

The “Bridging the Skill Gap at the Country Level” report initiates a critical exploration into the evolving skill demands in various industries and regions, with a focus on addressing the growing gaps through collaborative efforts among public and private sectors.

These early discussions serve as a foundation for identifying key areas that require further exploration to align workforce development with the rapid technological advancements shaping our world.

Bridging the Skill Gap at the Country Level Roundtable Report | Future Skills Forum 2024

Building Future-Ready Workforces: Bridging Skill Gaps Across Industries and Regions

This report, “Bridging the Skill Gap at the Country Level,” is the result of insightful discussions with industry leaders, regulators, educators, and policymakers. These conversations delve into the evolving skill demands brought on by AI, automation, and other advanced technologies and highlight strategies to address persistent skill gaps across sectors and regions.

This report will give you an insight into:

  • Emerging Technologies and Upskilling: Why continuous upskilling in areas like AI, machine learning, and sector-specific knowledge is essential, particularly in financial services and compliance.
  • Sector-Specific and Regional Skill Gaps: How skill demands vary by sector and region, with unique challenges in emerging economies where digital skills are in high demand.
  • The Role of the Private Sector: The pivotal role of public-private partnerships in creating scalable and sustainable upskilling initiatives.
  • Soft Skills and Adaptability: The growing importance of human-centric skills like problem-solving, adaptability, and cross-cultural communication in dynamic industries.
  • Strategies for Closing Skill Gaps: Suggested frameworks to align education and training with labour market needs, particularly in priority areas like AI, cybersecurity, and digital finance.

By examining these key areas, this report offers a comprehensive overview of how to bridge skill gaps on a national level and provides actionable recommendations for fostering economic growth and social progress in an increasingly technology-driven landscape.

Contributors

Dr. Allen Baby

Former Chief Learning Officer Emirates Institute of Finance

Ingrid Naranjo

Geopolitical Strategist Labiana Health

Iqbal Noor

SVP & Group Head L&D ENBD

Khalid el Bialy

Chief Executive Officer Banque Misr

Maryke Luijendijk-Steenkamp

Assistant Vice President DIFC Academy

Nadeem Mujtaba

CEO Institute of Cost and Management Accountants of Pakistan (ICMA)

Sharon Magugla

Deputy Director ‑ Talent Management Central Bank of Eswatini

Sultan Khalifa Ali

EVP & Head HR RAKBANK

Victor Yim

Head of Fintech Cyberport Hong Kong

Yasin Bhatti

Senior Director - Outreach & Partnership ADGM Academy

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