Trends and challenges of developing human capital in Singapore: an analysis of current and future potentials

As one of the most vibrant nations of Asia, Singapore is well known for its dynamic and innovative human capital development initiatives. These are driven mainly by the government policies, with inputs from public sector organizations and large local companies. Human resource development (HRD) relat...

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Main Authors:	Osman-Gani, Aahad M., Chan, Teng Heng
Format:	Article
Language:	English
Published:	Taylor & Francis 2009
Subjects:	HB Economic Theory
Online Access:	http://irep.iium.edu.my/20305/ http://irep.iium.edu.my/20305/ http://irep.iium.edu.my/20305/ http://irep.iium.edu.my/20305/1/Trends_and_challenges_20305.pdf

id	iium-20305
recordtype	eprints
spelling	iium-203052012-05-02T02:23:38Z http://irep.iium.edu.my/20305/ Trends and challenges of developing human capital in Singapore: an analysis of current and future potentials Osman-Gani, Aahad M. Chan, Teng Heng HB Economic Theory As one of the most vibrant nations of Asia, Singapore is well known for its dynamic and innovative human capital development initiatives. These are driven mainly by the government policies, with inputs from public sector organizations and large local companies. Human resource development (HRD) related legislations, financial incentives, infra-structural support and deployment of management and info-communication technologies (ICT) help to sustain the national HRD initiatives. This paper presents an analysis of the current practices and future trends and challenges faced by organizations in Singapore. Some of these challenges are: ageing workforce, talent retention and development, rapid technological changes and cross-cultural skills development for working in the emerging markets. Eight trends and challenges identified here are expected to significantly impact the HRD profession in future. Implications of the trends and challenges are also discussed for future research and professional practice. Taylor & Francis 2009-02 Article PeerReviewed application/pdf en http://irep.iium.edu.my/20305/1/Trends_and_challenges_20305.pdf Osman-Gani, Aahad M. and Chan, Teng Heng (2009) Trends and challenges of developing human capital in Singapore: an analysis of current and future potentials. Human Resources Development International, 12 (1). pp. 47-68. ISSN 1367-8868 http://web.ebscohost.com/ehost/pdfviewer/pdfviewer?vid=3&hid=8&sid=1351949f-9a0e-416a-8f8b-4e51e6830c81%40sessionmgr12 10.1080/13678860802638834
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HB Economic Theory
spellingShingle	HB Economic Theory Osman-Gani, Aahad M. Chan, Teng Heng Trends and challenges of developing human capital in Singapore: an analysis of current and future potentials
description	As one of the most vibrant nations of Asia, Singapore is well known for its dynamic and innovative human capital development initiatives. These are driven mainly by the government policies, with inputs from public sector organizations and large local companies. Human resource development (HRD) related legislations, financial incentives, infra-structural support and deployment of management and info-communication technologies (ICT) help to sustain the national HRD initiatives. This paper presents an analysis of the current practices and future trends and challenges faced by organizations in Singapore. Some of these challenges are: ageing workforce, talent retention and development, rapid technological changes and cross-cultural skills development for working in the emerging markets. Eight trends and challenges identified here are expected to significantly impact the HRD profession in future. Implications of the trends and challenges are also discussed for future research and professional practice.
format	Article
author	Osman-Gani, Aahad M. Chan, Teng Heng
author_facet	Osman-Gani, Aahad M. Chan, Teng Heng
author_sort	Osman-Gani, Aahad M.
title	Trends and challenges of developing human capital in Singapore: an analysis of current and future potentials
title_short	Trends and challenges of developing human capital in Singapore: an analysis of current and future potentials
title_full	Trends and challenges of developing human capital in Singapore: an analysis of current and future potentials
title_fullStr	Trends and challenges of developing human capital in Singapore: an analysis of current and future potentials
title_full_unstemmed	Trends and challenges of developing human capital in Singapore: an analysis of current and future potentials
title_sort	trends and challenges of developing human capital in singapore: an analysis of current and future potentials
publisher	Taylor & Francis
publishDate	2009
url	http://irep.iium.edu.my/20305/ http://irep.iium.edu.my/20305/ http://irep.iium.edu.my/20305/ http://irep.iium.edu.my/20305/1/Trends_and_challenges_20305.pdf
first_indexed	2023-09-18T20:30:26Z
last_indexed	2023-09-18T20:30:26Z
_version_	1777408699126513664

Trends and challenges of developing human capital in Singapore: an analysis of current and future potentials

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