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NWUA Higher Level Skills Partnership Conference

NWUA Higher Level Skills Partnership Conference. Hugh Tollyfield BA, FIOD Higher Education observer hughtollyfield@gmail.com. The economic case remains strong. Financial sector skills gap 'could threaten growth'.

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NWUA Higher Level Skills Partnership Conference

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  1. NWUA Higher Level Skills Partnership Conference Hugh Tollyfield BA, FIOD Higher Education observer hughtollyfield@gmail.com

  2. The economic case remains strong Financial sector skills gap 'could threaten growth' A skills gap could threaten the growth of the Scottish financial services sector, an industry body claims. Source BBC News Website 2 February 2011

  3. Business investment is increasingly focused on ‘intangible assets’

  4. HR capital a major component of £140 bn business investment in intangible assets

  5. “A thinking, educated workforce – working intelligently”* Higher Education continues to be best placed to build HR capital – meeting need for people capable of engaging with future change, not catching up with the last one: • High level generic skills: communication, problem solving, creativity, insight, methods of enquiry etc; • High level knowledge based skills and competences and the ability to apply them; • Access to the highest level knowledge and skills at Masters and Doctorate levels to lead the way in innovation. *Quote Dr Marilyn Wedgwood

  6. You have proved the critics wrong! • No demand from employers X • Employers don’t know what they want X • Employers won’t pay X • Quality will be undermined X

  7. Sustainability Over the past 4 years we have proved that the foundations are in are in place, but building sustainability requires more: • Alignment with organisational culture and mission – core, not peripheral • A new business model – focused on revenue generation, not grant acquisition • Alignment with operating systems and procedures • Organisation-wide strategy for engaging with business • A commitment to partnership – focusing the competence of partners to deliver excellence to customers

  8. 2011- A Crunch Year Will the HE sector wait for the Government to lead on the future of HE Employer Engagement or is ready to use its hard won knowledge and capability to take leadership?

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