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MARKET<br />
MARKET<br />
INTELLIGENCE<br />
INTELLIGENCE<br />
The importance<br />
of lifelong<br />
learning<br />
Sharpen Your Company’s<br />
Competitive Edge with<br />
Continuing Education<br />
and Training (CET)<br />
n today’s ever changing<br />
I<br />
environment, knowledge and skills<br />
can rapidly become obsolete. Ongoing<br />
professional development<br />
and continual learning are paramount to<br />
not only surviving, but thriving in the global<br />
workplace especially with the government’s<br />
policy to reduce the reliance on foreign<br />
manpower.<br />
CET Masterplan 2008<br />
It is against this backdrop that Prime Minister<br />
Lee Hsien Loong announced the launch of the<br />
CET Masterplan in February 2008. The overall<br />
aim of the CET Masterplan is to encourage<br />
workers to embrace lifelong learning, stay<br />
relevant and seize opportunities in new growth<br />
sectors.<br />
The CET Masterplan marks a signicant<br />
milestone in the development of the CET<br />
system in Singapore. It signals the training<br />
of adult workers as one of the Government’s<br />
top priorities to equip Singapore workers for<br />
the future, prepare and hone their competitive<br />
advantage in the global arena, whether one<br />
is a rank-and-le worker or a professional or<br />
manager.<br />
Many CET programmes today are designed<br />
to be accessible and affordable, to prepare<br />
workers for new jobs, career changes or<br />
skills progression. Employers will also have<br />
the opportunity to help workers upgrade their<br />
knowledge and skills as part of their company’s<br />
learning and development plan and stay ahead<br />
of industry developments.<br />
Growing Role of CET<br />
As more industries restructure and move up<br />
the value chain, it is imperative that every<br />
worker, regardless of educational or skills level,<br />
continually upgrade and update his or her skills<br />
in order to stay relevant and perform better.<br />
44<br />
ENTREPRENEURS’ DIGEST<br />
JAN FEB 2014