Nobel winner says : ‘Follow Singapore'

VietNamNet Bridge – Close co-operation between government, companies and educators is necessary to develop a national talent strategy, according to Professor Dave Ulrich, who won the Nobel Colloquia Prize for Leadership on Business and Economic Thinking in 2010.

Speaking at an international seminar on human resources yesterday, Sep 29, held by the PACE Institute of Leadership & Management in HCM City, Ulrich, who teaches at the University of Michigan in the US, said that Singapore's development proves this co-operation.

Viet Nam has many natural resources, a youthful population, good healthcare policies, stable economy and technology development, but that it needs to rethink its human resources and talent strategies.

The Government should invest more in the education sector, and create higher quality institutions, Ulrich said.

It should develop initiatives to encourage companies and organisations to create more opportunities for talented people to develop their abilities, he said.

From the Government's priorities, educators will develop their capacity to train talent for the country, he added.

Dr Le Dang Doanh, the former head of the Central Institute for Economic Management, said that Viet Nam has many talented people who have had few opportunities to develop.

Leaders should be selective about personnel for their organisations and create many favourable conditions for them, Doanh said

At the seminar, Nguyen Ngoc Son, a representative of the Ministry of Foreign Affairs, said that the government had recognised that one of the three important ways for the country's socio-economic development to advance is to create quality human resources. This is part of the national plan for the 2011-2020 period.

Son said that training strategies and cooperation with companies to train employees to their demand had already begun.

He said the quality of human resources was low, adding that only 40 per cent of them received training in their fields.

The seminar attracted more than 1,000 domestic and foreign directors, researchers, human resource managers and university lecturers.

VietNamNet/Viet Nam News