enhancing skills globalising talent · even without taking into consideration the employability of...
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ENHANCING SKILLS GLOBALISING TALENT
Global Talent Scenario
Malaysian ICT Talent Demand Scenario
Global Talent Scenario
Global Talent Heat-map 2011-2021
Source: Oxford Economics: Global Talent 2021
Deficit
Surplus
Balance
Malaysian Talent Competitiveness in a Global
Perspective – The Global Talent Index Report 2011
The Global Talent Index (GTI) uses the
following parameters as measurement:
Demographics
Compulsory education
University education
Quality of labour force
Talent environment
Openness
Proclivity to attracting talent
Malaysia rank 36 out of 60 countries in 2011
Malaysian Talent Competitiveness in a Global
Perspective – Insead e-Lab Skills Report 2010
Malaysia
rank top of
Grade
Grade C Source: Insead eLab Skills Report 2010
• Local availability of research and training services
• University-Industry research collaboration
• Government prioritisation of ICT
• Importance of ICT to government vision of the future
• Capacity for innovation
• Company spending on R & D
Global
Knowledge
Economy
Talents
• Extent of staff training
• Quality of management schools
Occupational
Skills
• Tertiary enrollment
• Education expenditure
• Quality of mathematics and science education
General Skills
Malaysian Talent Competitiveness in a Global
Perspective – Insead e-Lab Skills Report 2010
Malaysia ranked no 21 and at the top quartile of Grade C
Malaysian Talent Competitiveness in a Global Perspective – Insead e-Lab Skills Report 2010
Malaysian ICT Talent Demand
Skill Sets Required by Industry
Software Development
Database
Networking & Security
Creative Multimedia
OS and Server Tech
BI & Analytics
HRM
Finance
ERP
Hardware Design
n = 610 n = 400
% of total headcount in all companies surveyed
(MSC: 17,018; Non MSC: 6,077)
% of total headcount in all MSC
companies surveyed (17,018)
Source: MDeC Talent Supply Demand Study 2010-2013
SOFTWARE DEVELOPMENT NON MSC MSC
Experienced Hire Skill Sets Required by Industry
Fresh Hires Skill Sets Required by Industry
Top 5 Skill Sets Required by Industry
Top 5 Skill Projected Requirement by Industry
Creative Multimedia Skill Requirement by Industry
Projected Creative Multimedia Skill Requirement by
Industry for the next 3 years
SSO Skill Requirement by Industry
Projected SSO Skills Requirement by Industry for the next
3 years
Knowledge Process Outsourcing
Segments Services Skill sets required
Legal services
Reviewing transactional & litigation documents; drafting contracts; research memoranda & due diligence reports; prosecuting patents; negotiations
Knowledge in US/UK laws; adept in legal application; ability to reason & research
Engineering R&D
3D modeling; conversion: 2D to 3D; finite analysis; computational fluid dynamics analysis; technical specifications for tenders; value engineering
CAD/CAM; drafting & modeling; product design
Market research & analytics
Secondary & primary research; conversion of findings to knowledge; writing & editing; formatting client reports
Statistical tools; research techniques; report writing & presentations; database research
Writing & content development
Editorial; content delivery; digitization of content; data enrichment & warehousing; pre-press work; proofreading; template designing; text composition
English communication skills; journalism; experience in writing
Pharma R&D Research & development; drug discovery; clinical research
Doctors; master's degree in science, PhDs
Healthcare services
Diagnostic; genetic profiling; oncology tests; HIV & allergy
Medical degree; specialized subject knowledge
Education & training
K-12; private tutors; curriculum design; pedagogy; content development
Teaching methods/techniques; cultural sensitivity; online teaching methods
Infotech Skill Requirement by Industry
Projected Infotech Skill Requirement by Industry for the
next 3 years
Supply of Fresh Graduates
Current & Projected Supply of Fresh Grads,
2010 - 2013
Total IT graduates are expected to register only marginal increase in the next 3 years...
TOTAL (5 fields of
study)
CAGR 2010 – 2013: 2.7%
72,667 76,307 77,070 78,664 Total available for employment*
49,798 52,192 52,596 53,628 Total available & employable*
Available & employable supply pool
2010 2011 2012 2013
91,136 95,750 96,721 98,780 Total local graduates*
CAGR 2010 – 2013: 0.2%
11,905 12,498 12,323 11,867 Total available for employment*
8,237 8,562 8,428 8,098 Total available & employable*
14,778 15,597 15,402 14,849 Total local graduates*
IT
Qualification
Current & Projected Demand of Fresh Grads, 2010 - 2013
Demand for fresh graduates is expected to grow at a much higher rate than supply, especially from MSC
companies
CAGR 2010 – 2013 (fresh graduate employees): 16.5%
2010 2011 2012 2013
TOTAL (MSC &
non MSC
across 3
clusters)
Fresh graduates’ qualification
requirement, 2013
223,810 259,537 294,802 332,015 Total Employees*
17,443 20,671 23,932 27,550 Fresh graduates
CAGR 2010 – 2013 (fresh graduate employees): 20.6%
MSC
Fresh graduates’ qualification
requirement, 2013
88,231 109,376 128,685 151,444 Total Employees*
9,955 12,347 14,687 17,445 Fresh graduates
Even without taking into consideration the employability of IT graduates, a shortfall in supply is expected in 2013
16,356 72,667
TOTAL (5 fields of
study)
Supply
(56,311) +
27,278 78,664
18.6%
2.7%
7,121 11,905
IT
Qualification
Supply
(4,784) +
14,465 11,867
Supply
(2,598) - 26.6%
- 0.1%
Supply-Demand Gap in Fresh Grads, 2010 – 2013
(Based on Available Supply Pool)
Supply
(51,386) +
2010 2013 CAGR 2010 - 2013
Demand Supply Demand Supply Demand Supply
Interested !
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