Addressing the new skills in an AI World
The global AI market is expected to exceed $1 trillion by 2028. That’s a growth factor of 40% each year from 2023 to 2028
This report summarises insights from the roundtable organised in collaboration with The British Chamber of Commerce, Singapore at during the Singapore Fintech Festival 2023, addressing the evolving skillsets needed to thrive in an AI-driven landscape
Skills for Fast-Growing Startups Roundtable Report
The “Skills for Fast-Growing Startups” roundtable initiates a vital exploration into the evolving demands on startups in high-growth sectors like fintech. It highlights the critical need for essential competencies, adaptable mindsets, and industry-specific knowledge to thrive in a fast-paced, tech-driven economy.
These foundational discussions offer a preliminary dive into the skills gap and cross-sector collaboration, laying the groundwork for future structured efforts to equip startups with the tools they need to succeed in an ever-changing landscape.
Building Resilient Startups: Bridging Skills Gaps in High-Growth Sectors
The roundtable discussion, “Skills for Fast-Growing Startups,” brought together industry leaders, educators, and policymakers to address the evolving skill requirements for startups navigating today’s tech-driven economy. This initial dialogue offered critical insights and actionable strategies for fostering a resilient, versatile workforce.
This report will give you an insight into:
Human-Centric Skills Beyond Technical Proficiency: As startups integrate AI and automation, human skills like adaptability, critical thinking, and problem-solving are emerging as vital to maintaining a competitive edge and driving innovation.
Bridging the Expanding Skills Gap: The skills gap is widening, encompassing both technical and interpersonal skills. Lifelong learning, micro-degrees, and targeted training programmes are essential to prepare a future-ready workforce.
A Framework for Continuous Learning: Traditional educational models are insufficient for high-growth environments. Startups must foster a culture of continuous, adaptive learning through mentorship, character-based hiring, and flexible development paths.
Collaborative Approaches for Skill Development: Public-private partnerships and cross-sector collaboration play a pivotal role in addressing global skill challenges. By aligning upskilling programmes with market needs, startups can draw inspiration from successful regional models.
By addressing these critical areas, the roundtable provides a comprehensive overview of the evolving skill landscape for startups, offering actionable strategies to bridge gaps, foster continuous learning, and build adaptable, innovative teams in a rapidly changing environment.