SLIDE 5 4
- standardsareglobalnotlocal.
Thechallengeshereareasmuchforgovernmentsastheyareforindividualuni
- versities. The international scene shows that despite economic troubles, many
countriesandregionsarecompetingvigorouslyinaknowledgebasedarmsrace. ThisisparticularlytrueofEastAsia,andAustralianeedsnotonlytosustainitsown domesticmomentum,butalsotopositionitselfasakeyplayerinthisnewenviron ment.Eventhecountrywiththegreatestconcentrationofintellectualfirepowerand entrepreneurialactivityisconcernedabouttheimpactofthesechanges.InhisState
- ftheUnionaddressdeliveredearlythisyear,PresidentObamasaid:
Theruleshavechanged.Inasinglegeneration,revolutionsintechnology havetransformedthewaywelive,workanddobusiness.Steelmillsthatonce needed1,000workerscannowdothesameworkwith100.Today,justabout anycompanycansetupshop,hireworkers,andselltheirproductswherever there’saninternetconnection. Meanwhile,nationslikeChinaandIndiarealizedthatwithsomechanges
- f their own, they could compete in this new world. And so they started
educatingtheirchildrenearlierandlonger,withgreateremphasisonmathand
- science. They’re investing in research and new technologies. Just recently,
Chinabecamehometotheworld’slargestprivatesolarresearchfacility,and theworld’sfastestcomputer. Soyes,theworldhaschanged.Thecompetitionforjobsisreal.Butthis shouldn’tdiscourageus.Itshouldchallengeus.
Attheendof2008theBradleyReviewhadalsopointedtothelikelycontinuing shiftofemploymentdemandandopportunitiestohigherlevelsofskills,presenting findingsfromAccessEconomicswhichprojectedgrowthinjobsrequiringtertiary education,andshowingthatundersettingsinplaceatthetimethattherewouldbe shortfall in the supply of graduates in coming years. Workforce projection is an inexactscience,andwehavehadtroubleinthepastassessingskillsshortagesover mediumtimeperiodseveninrelativelycontrolledareassuchasnursingandschool
- teaching. There are also obvious perils in the way of any detailed forecasts
involving complex globally aected economies: in 2006 the then Federal DepartmentofEmploymentandWorkplaceRelationsissuedapublicationentitled Workforce Tomorrow which noted that its projections should be thought of as scenariosratherthanpredictions,adding“inparticular,itisassumedthattherewill beafairlybenigneconomicenvironmentoverthenextfiveyears,withnomajor disruptionstotheeconomy.”Thiswas,ofcourse,littlemorethanayearbeforethe GFChit. Despitethisuncertainty,weneedtoprepareasbestwecanforanticipatedskills shortages, and respond as best we can to the fluctuating signs of shortages at present, and all universities are working within the limitations of the resources available to them to establish eective connections with employers, to inform students,andtoworkwithpolicymakers.Highereducationhasaspectrumoflinks betweentheireducationprogramsandworkforceneeds,andthelongtermnature
- fthoseprogramsmeansweneedtoensurethatwegetthefundamentalsright,