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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

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