1. Update on APEC Energy Workforce Resilience Workshop 25 April 2017

2. Background
Singapore hosted the inaugural APEC Energy Workforce Resilience Workshop held on 25 April 2017
Objective was to address the role of the work force in strengthening energy resilience, as part of our contribution to the work under the Energy Resilience Task Force (ERTF)
Strong support from APEC economies and the private sector
About 100 participants attended the workshop

3. Session 1: Setting the Stage – Human Resources Strategies in the Energy Sector
Key takeaways
Early identification of disruptive trends which increase the urgency for the industry to build capacity and capabilities
e.g. demographics, liberalisation of the energy market, technological advancements and digitalisation, increasing importance of sustainability, globalisation of employment
Impact of Digitalisation
Creating the “Organisation of the Future”
Adapting leadership strategies to digital business
Increasingly flexible career models vs Structured careers
Importance of investing in training and education
Studies have shown that ROI in education is higher than investments in equipment
Development of in-house training institutes

4. Session 2: The role of APEC in Enhancing Workforce Resilience in the Energy Sector
Key takeaways
Enhancing diversity of workforce
e.g. women, mid-career employees
Early education on energy issues
Legislative reforms to provide enabling policies
Comprehensive engagement through whole-of-government approach, as well as consultation with industry, learning institutes, etc
Establishment of attraction, retention and development frameworks
“Branding” of the energy sector
Retention of experienced workers
e.g. re-appointment of retires

5. Recommendations from the Workshop
Development of attraction, retention and training frameworks through comprehensive consultations with the industry, learning centres and relevant government agencies
Sharing of best practices and strategies through the APEC platforms, including on diversification of workforce
Enhancing exchanges and collaboration between energy training institutes of APEC economies

6. Thank you