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A8: SME Skills Strategy

Proposal submission date
Start date: November 23rd, 2020 End date: December 9th, 2020

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Problem Statement Information

Categories
FinTech, General

Problem statement tags
#skills #learning #innovation

Detailed Description
How can local SMEs come together to develop a sustainable skills strategy to innovate and create competitive advantage?

In this difficult time of Covid-19, the rate of change and transformation in industries and workplaces has been accelerated significantly. Workers need to adapt to the changing environment to stay relevant. We need to constantly ensure that our workers in SMEs have the right skills to get the job done as well as remain employed. How can local SMEs come together to develop a sustainable skills strategy to innovate and create competitive advantage?

Submissions could look at this from an angle of designing an idea or experience (catetory A) or as a tech enabler (category B) to help a governmental skills agency tackle this opportunity statement. This problem statement can also be tackled from the perspective of a company like Prudential, to help add value to the SME ecosystem.

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