At CXS, we are incredibly proud that our solution is one of the cornerstones of the Malaysian government’s strategy to pivot and grow the Malaysian economy.
With a new government now in place under Prime Minister Tun Dr Mahatir Mohamad, TalentCorp reaffirmed their ongoing commitment to grow the expert talent Malaysia will need to survive and thrive.
UNCERTAINTY WITH INDUSTRIAL CHANGE
Over half of the semi-skilled jobs in Malaysia are at risk of being affected by the impact of automation in the next 10-20 years. About 90% of all semi-skilled jobs in Malaysia are held by Malaysian citizens. Policy makers, now more than ever, will rely on having access to accurate, real-time talent and employability information to shape effective policies that help address disruption in key industries and to forecast talent needs for volatile industries such as technology.
A NATIONAL TALENT PIPELINE
NEXT – an acronym for “Nuturung EXpert Talent” – is a key initiative in TalentCorp’s overall strategy. Based on CXS’s national workforce analytics solutions, NEXT underpins the talent pipeline for Malaysia by providing critical supply and demand analytics that will help shape, drive and measure the effectiveness of policies implemented by TalentCorp and other government agencies.
HELPING GRADUATES AND JOB SEEKERS
NEXT also provides graduates and job seekers with tools to help them align to career paths that suit their individual career interests, professional profile and goals, working styles, and motivations. Additionally, NEXT connects job seekers to employment and upskilling opportunities, with an increasing number of major industry enterprises joining up with the NEXT initiative every month.
FOCUSED GOVERNMENT INITIATIVES
TalentCorp’s other initiatives include programmes to help women return to the workforce, the development of critical occupations lists (COL), international internships aimed at promoting talent mobility, and programmes aimed at attracting Malaysian expertise back to Malaysia.
Read the full press release from the Malaysian government here:
 Khazanah Research Institute (KRI), “The Times They Are A-Changin’:Technology, Employment, and the Malaysian Economy”, April 2017.