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Not possible to 'bubble wrap' S'poreans from foreign competition, especially with rise of remote work: DPM Heng
Justin Ong
Political Correspondent
- PUBLISHED
6 HOURS AGO
SINGAPORE - In the coming years, millions of university graduates in Asia alone will be added to the global talent pool, alongside the accelerating pace of technological change and disruption.
Against this backdrop, "the reality is that it is not possible to 'bubble wrap' (Singapore's) workers from foreign competition and still expect to succeed", said Deputy Prime Minister Heng Swee Keat on Friday (Aug 13).
Compounding the matter is the normalisation of remote work due to the Covid-19 pandemic, and the recognition that "working from home" is just one step away from "working from anywhere".
"Employers can easily seek out the best skilled workers from all parts of the world… This means foreigners do not have to be in Singapore to compete with us," said Mr Heng. "It would be increasingly difficult, if not impractical, to confine opportunities by geography."
Mr Heng made these points in a pre-recorded speech at a forum on shaping the future of Singapore, the last in a series organised to celebrate 115 years of the founding of the National University of Singapore (NUS).
Mr Heng then took to the stage in-person for a virtual dialogue with NUS staff, students and alumni. He was asked by moderator Suzaina Kadir, an associate professor and vice-dean of academic affairs at NUS' Lee Kuan Yew School of Public Policy, how students about to enter the workforce could prepare themselves to be truly global.
The key lies in having a mindset orientated towards qualities of confidence, humility and openness, said Mr Heng, who is also Coordinating Minister for Economic Policies.
"Confidence in ourselves, in what we can do and in how we can equip ourselves as best as we can to emphasise our creativity, imagination, ability to do some good," he said.
"But, at the same time… you have to combine confidence with that humility to learn to be able to work with others. In particular, there will be many different ways of doing things, and we must not assume that our way is the best way."
Mr Heng added: "Singaporeans venturing out need to have this mindset where we see what we can contribute to causes, and what it is that we bring to and can learn from the discussion. That process, I think we can do a lot better."