Ministerial Session 3: Roundtable - Improving the use of skills to boost productivity
Jun 23, 2022 | 7:45 PM - 9:00 PMMinisterial Sessions
Jun 23, 2022 | 7:45 PM - 9:00 PM
Ministerial Sessions
Description
The projected decline in the working-age population will make productivity an even more important driver of economic growth. Education and training policies will become key to ensuring that people acquire the right skills to contribute to societies. Key challenges include making education institutions more responsive to emerging labour market needs and providing more up-skilling and re-skilling opportunities for workers. However, skills development policies will only achieve desired productivity gains if they are accompanied by simultaneous actions to boost the effective use of skills. Putting skills to effective use in workplaces through the implementation of innovative organisational and management practices builds on labour participation benefits and helps improve business innovation, employee job satisfaction and performance, and productivity. This session will discuss the challenges and opportunities to develop and put skills to effective use in Latin America and the Caribbean as well as the policies to facilitate the adoption of innovative workplace practices.
