1. Presented By: Sohana Islam Program Officer, TVET Dhaka Ahsania Mission
Equilibrium on skill demand and supply in global market for fourth industrial revolution
Presented By: Sohana Islam
Program Officer, TVET
Dhaka Ahsania Mission

2. Skill Shortage Situation Worldwide

3. Fourth industrial revolution

4. Fourth industrial revolution
Possibilities of billions of people connected by mobile devices
Unprecedented processing power
Cloud based storage capacity
Unlimited access to knowledge

5. Reasons behind shortage
Quality Assurance
Life skill
Global competency
Legal framework
Intervention by stakeholders
Labor Mobilization
Safe Migration

6. World Economic Forum has identified a set of skills for 2020
Complex problem solving
Critical thinking
Creativity
People management
Coordination
Emotional intelligence
Judgment and decision making
Service orientation
Negotiation
Cognitive flexibility to become compatible in the international market

7. Shortages in skills
businesstech.co.za

8. Situation comparison globally
Quantity of labor supplied
Quality of labor supplied
Legal framework
The GAP

9. Employment difficulties
Manpower group, 2015

10. Safe Migration and Decent Employment
Skill training on trending trades
Soft skills and life skills
Proper internship
Decent Employment
Rights and protection
Pre-departure preparation
Social cost minimization
Returning migrant help

11. Reaching the equilibrium
Micro level
Macro level

12. SDG and skill shortage

13. Conclusions
Produce quality human labour by providing demand driven skill training, relevant soft skills and competencies to survive in global platform.
Protect labour rights and access to information to ensure safe migration