inter-american development bank the bahamas: challenges ahead for skills development, and some...
TRANSCRIPT
![Page 1: INTER-AMERICAN DEVELOPMENT BANK The Bahamas: challenges ahead for skills development, and some elements to move forward Laura Ripani IDB July, 2015 TRANSFORMATION](https://reader035.vdocuments.site/reader035/viewer/2022062802/56649ea95503460f94bae4f5/html5/thumbnails/1.jpg)
INTER-AMERICANDEVELOPMENT
BANK
The Bahamas: challenges ahead
for skills development, and some elements to
move forward
Laura RipaniIDB
July , 2015 TRANSFORMATION Forum
Nassau, The Bahamas
![Page 2: INTER-AMERICAN DEVELOPMENT BANK The Bahamas: challenges ahead for skills development, and some elements to move forward Laura Ripani IDB July, 2015 TRANSFORMATION](https://reader035.vdocuments.site/reader035/viewer/2022062802/56649ea95503460f94bae4f5/html5/thumbnails/2.jpg)
Agenda
![Page 3: INTER-AMERICAN DEVELOPMENT BANK The Bahamas: challenges ahead for skills development, and some elements to move forward Laura Ripani IDB July, 2015 TRANSFORMATION](https://reader035.vdocuments.site/reader035/viewer/2022062802/56649ea95503460f94bae4f5/html5/thumbnails/3.jpg)
1. Key challenges
![Page 4: INTER-AMERICAN DEVELOPMENT BANK The Bahamas: challenges ahead for skills development, and some elements to move forward Laura Ripani IDB July, 2015 TRANSFORMATION](https://reader035.vdocuments.site/reader035/viewer/2022062802/56649ea95503460f94bae4f5/html5/thumbnails/4.jpg)
I. Low productivity
Source: Samuel, W (2013) based on World Economic Outlook
Productivity Growth in The Caribbean, 2000-2011 (average, percent)
![Page 5: INTER-AMERICAN DEVELOPMENT BANK The Bahamas: challenges ahead for skills development, and some elements to move forward Laura Ripani IDB July, 2015 TRANSFORMATION](https://reader035.vdocuments.site/reader035/viewer/2022062802/56649ea95503460f94bae4f5/html5/thumbnails/5.jpg)
II. High Youth Unemployment
Source: Labour Force Survey, DOS. Note: 15-24 years old.
0
5
10
15
20
25
30
35
2001 2014
![Page 6: INTER-AMERICAN DEVELOPMENT BANK The Bahamas: challenges ahead for skills development, and some elements to move forward Laura Ripani IDB July, 2015 TRANSFORMATION](https://reader035.vdocuments.site/reader035/viewer/2022062802/56649ea95503460f94bae4f5/html5/thumbnails/6.jpg)
III. Skills Gap
There is a disconnection
between Education and
Training System and
Employers
![Page 7: INTER-AMERICAN DEVELOPMENT BANK The Bahamas: challenges ahead for skills development, and some elements to move forward Laura Ripani IDB July, 2015 TRANSFORMATION](https://reader035.vdocuments.site/reader035/viewer/2022062802/56649ea95503460f94bae4f5/html5/thumbnails/7.jpg)
2. Skills Gap
![Page 8: INTER-AMERICAN DEVELOPMENT BANK The Bahamas: challenges ahead for skills development, and some elements to move forward Laura Ripani IDB July, 2015 TRANSFORMATION](https://reader035.vdocuments.site/reader035/viewer/2022062802/56649ea95503460f94bae4f5/html5/thumbnails/8.jpg)
Wages and Productivity Survey (2012) brings new evidence on:
![Page 9: INTER-AMERICAN DEVELOPMENT BANK The Bahamas: challenges ahead for skills development, and some elements to move forward Laura Ripani IDB July, 2015 TRANSFORMATION](https://reader035.vdocuments.site/reader035/viewer/2022062802/56649ea95503460f94bae4f5/html5/thumbnails/9.jpg)
Sample
![Page 10: INTER-AMERICAN DEVELOPMENT BANK The Bahamas: challenges ahead for skills development, and some elements to move forward Laura Ripani IDB July, 2015 TRANSFORMATION](https://reader035.vdocuments.site/reader035/viewer/2022062802/56649ea95503460f94bae4f5/html5/thumbnails/10.jpg)
Main findings in four facts
![Page 11: INTER-AMERICAN DEVELOPMENT BANK The Bahamas: challenges ahead for skills development, and some elements to move forward Laura Ripani IDB July, 2015 TRANSFORMATION](https://reader035.vdocuments.site/reader035/viewer/2022062802/56649ea95503460f94bae4f5/html5/thumbnails/11.jpg)
Fact 1. Technical, basic and soft skills: most important criteria for hiring, more than formal education
Source: 2012 Wage and Productivity Survey
![Page 12: INTER-AMERICAN DEVELOPMENT BANK The Bahamas: challenges ahead for skills development, and some elements to move forward Laura Ripani IDB July, 2015 TRANSFORMATION](https://reader035.vdocuments.site/reader035/viewer/2022062802/56649ea95503460f94bae4f5/html5/thumbnails/12.jpg)
Fact 2. Lack of specific skills, lack of experience and soft skills are the top three most cited as the greatest
difficulty for hiring
Source: 2012 Wage and Productivity Survey
![Page 13: INTER-AMERICAN DEVELOPMENT BANK The Bahamas: challenges ahead for skills development, and some elements to move forward Laura Ripani IDB July, 2015 TRANSFORMATION](https://reader035.vdocuments.site/reader035/viewer/2022062802/56649ea95503460f94bae4f5/html5/thumbnails/13.jpg)
Fact 3. Skills gaps are also perceived as one of the main barriers to productivity
Source: 2012 Wage and Productivity Survey
![Page 14: INTER-AMERICAN DEVELOPMENT BANK The Bahamas: challenges ahead for skills development, and some elements to move forward Laura Ripani IDB July, 2015 TRANSFORMATION](https://reader035.vdocuments.site/reader035/viewer/2022062802/56649ea95503460f94bae4f5/html5/thumbnails/14.jpg)
Fact 4. Main reason for dismissal of staff: problems with behaviour, pointing to the lack of soft skills
![Page 15: INTER-AMERICAN DEVELOPMENT BANK The Bahamas: challenges ahead for skills development, and some elements to move forward Laura Ripani IDB July, 2015 TRANSFORMATION](https://reader035.vdocuments.site/reader035/viewer/2022062802/56649ea95503460f94bae4f5/html5/thumbnails/15.jpg)
![Page 16: INTER-AMERICAN DEVELOPMENT BANK The Bahamas: challenges ahead for skills development, and some elements to move forward Laura Ripani IDB July, 2015 TRANSFORMATION](https://reader035.vdocuments.site/reader035/viewer/2022062802/56649ea95503460f94bae4f5/html5/thumbnails/16.jpg)
50% of employers invested in training in the past 2 years, but
not to the level they think is needed
![Page 17: INTER-AMERICAN DEVELOPMENT BANK The Bahamas: challenges ahead for skills development, and some elements to move forward Laura Ripani IDB July, 2015 TRANSFORMATION](https://reader035.vdocuments.site/reader035/viewer/2022062802/56649ea95503460f94bae4f5/html5/thumbnails/17.jpg)
Employers: need training for employees mainly to improve production
![Page 18: INTER-AMERICAN DEVELOPMENT BANK The Bahamas: challenges ahead for skills development, and some elements to move forward Laura Ripani IDB July, 2015 TRANSFORMATION](https://reader035.vdocuments.site/reader035/viewer/2022062802/56649ea95503460f94bae4f5/html5/thumbnails/18.jpg)
Employers: validated results on skills + highlighted need of more public-private integration
![Page 19: INTER-AMERICAN DEVELOPMENT BANK The Bahamas: challenges ahead for skills development, and some elements to move forward Laura Ripani IDB July, 2015 TRANSFORMATION](https://reader035.vdocuments.site/reader035/viewer/2022062802/56649ea95503460f94bae4f5/html5/thumbnails/19.jpg)
Next steps
![Page 20: INTER-AMERICAN DEVELOPMENT BANK The Bahamas: challenges ahead for skills development, and some elements to move forward Laura Ripani IDB July, 2015 TRANSFORMATION](https://reader035.vdocuments.site/reader035/viewer/2022062802/56649ea95503460f94bae4f5/html5/thumbnails/20.jpg)
National Development Plan
Vision 2040: skills at the center
of the construction of
thecountry’s future
![Page 21: INTER-AMERICAN DEVELOPMENT BANK The Bahamas: challenges ahead for skills development, and some elements to move forward Laura Ripani IDB July, 2015 TRANSFORMATION](https://reader035.vdocuments.site/reader035/viewer/2022062802/56649ea95503460f94bae4f5/html5/thumbnails/21.jpg)
We need to unlock the country’s talent…
![Page 22: INTER-AMERICAN DEVELOPMENT BANK The Bahamas: challenges ahead for skills development, and some elements to move forward Laura Ripani IDB July, 2015 TRANSFORMATION](https://reader035.vdocuments.site/reader035/viewer/2022062802/56649ea95503460f94bae4f5/html5/thumbnails/22.jpg)
…meeting the employers’ needs
![Page 23: INTER-AMERICAN DEVELOPMENT BANK The Bahamas: challenges ahead for skills development, and some elements to move forward Laura Ripani IDB July, 2015 TRANSFORMATION](https://reader035.vdocuments.site/reader035/viewer/2022062802/56649ea95503460f94bae4f5/html5/thumbnails/23.jpg)
Collective efforts are needed to prevent a skills trap for youth
- 23 -
Lack of attitude and skills for first job
Fewer job opportunities
Less on- the-jobexperience
<- Youth stuck in Low-Skill Trap ->
![Page 24: INTER-AMERICAN DEVELOPMENT BANK The Bahamas: challenges ahead for skills development, and some elements to move forward Laura Ripani IDB July, 2015 TRANSFORMATION](https://reader035.vdocuments.site/reader035/viewer/2022062802/56649ea95503460f94bae4f5/html5/thumbnails/24.jpg)
3. Some ingredients
![Page 25: INTER-AMERICAN DEVELOPMENT BANK The Bahamas: challenges ahead for skills development, and some elements to move forward Laura Ripani IDB July, 2015 TRANSFORMATION](https://reader035.vdocuments.site/reader035/viewer/2022062802/56649ea95503460f94bae4f5/html5/thumbnails/25.jpg)
Skills demand identification• Identify and systematically
review private sector needs in terms of skill– Examples: sector skills
councils, information systems.
![Page 26: INTER-AMERICAN DEVELOPMENT BANK The Bahamas: challenges ahead for skills development, and some elements to move forward Laura Ripani IDB July, 2015 TRANSFORMATION](https://reader035.vdocuments.site/reader035/viewer/2022062802/56649ea95503460f94bae4f5/html5/thumbnails/26.jpg)
Information to job seekers about what
skills the labour market
demands
![Page 27: INTER-AMERICAN DEVELOPMENT BANK The Bahamas: challenges ahead for skills development, and some elements to move forward Laura Ripani IDB July, 2015 TRANSFORMATION](https://reader035.vdocuments.site/reader035/viewer/2022062802/56649ea95503460f94bae4f5/html5/thumbnails/27.jpg)
On-the-job training strategies to align workers’ skills with specific skills demands
![Page 28: INTER-AMERICAN DEVELOPMENT BANK The Bahamas: challenges ahead for skills development, and some elements to move forward Laura Ripani IDB July, 2015 TRANSFORMATION](https://reader035.vdocuments.site/reader035/viewer/2022062802/56649ea95503460f94bae4f5/html5/thumbnails/28.jpg)
Soft skills training to improve attitudes and behaviour in the workplace
![Page 29: INTER-AMERICAN DEVELOPMENT BANK The Bahamas: challenges ahead for skills development, and some elements to move forward Laura Ripani IDB July, 2015 TRANSFORMATION](https://reader035.vdocuments.site/reader035/viewer/2022062802/56649ea95503460f94bae4f5/html5/thumbnails/29.jpg)
Integration of actors into a skills system to improve productivity
![Page 30: INTER-AMERICAN DEVELOPMENT BANK The Bahamas: challenges ahead for skills development, and some elements to move forward Laura Ripani IDB July, 2015 TRANSFORMATION](https://reader035.vdocuments.site/reader035/viewer/2022062802/56649ea95503460f94bae4f5/html5/thumbnails/30.jpg)
Performance Management Results and impacts: learning and
re-designing as needed
![Page 31: INTER-AMERICAN DEVELOPMENT BANK The Bahamas: challenges ahead for skills development, and some elements to move forward Laura Ripani IDB July, 2015 TRANSFORMATION](https://reader035.vdocuments.site/reader035/viewer/2022062802/56649ea95503460f94bae4f5/html5/thumbnails/31.jpg)
We should act nowand together
![Page 32: INTER-AMERICAN DEVELOPMENT BANK The Bahamas: challenges ahead for skills development, and some elements to move forward Laura Ripani IDB July, 2015 TRANSFORMATION](https://reader035.vdocuments.site/reader035/viewer/2022062802/56649ea95503460f94bae4f5/html5/thumbnails/32.jpg)
Some questions for the debate today1. What do you think are the main reasons why
there is a skills shortage in The Bahamas?
2. What are the bottlenecks to developing these skills for specific sectors?
3. How can we improve the skills orientation to private sector needs?
4. Is more public-private integration feasible?
![Page 33: INTER-AMERICAN DEVELOPMENT BANK The Bahamas: challenges ahead for skills development, and some elements to move forward Laura Ripani IDB July, 2015 TRANSFORMATION](https://reader035.vdocuments.site/reader035/viewer/2022062802/56649ea95503460f94bae4f5/html5/thumbnails/33.jpg)
THANK YOU!Contact: Laura Ripani: [email protected] Maria Victoria Fazio: [email protected]