Skills shortages

Cause/Effect Strategic risk Performance risk Financial Risk Budget constraint low or no return Low or no return patient injury Reputation Risk Loss of customers/ trading partners Privacy Risk Human Capital Risk Skill shortage key personnel loss... 

Shared responsihilrty for education employers and government. Employers should contribute most to training that gives benefit. Cap on fees at 15000 per year, (government set this at 9000). Identified skill shortages in Engineering. 

Many UK companies would welcome applications from overseas candidates who hold a good relevant MSc in geotechnics. Sadly and despite the fact the government recognizes geotechnics as a profession on its occupational skills shortage list, insufficient applicants are finding their way into industry. 

Increase support for the participation of their engineers in short courses when specific skills shortages are identified and are required to be filled in the short term. 

Tilli, S. Trevelyan, J. P. (2010, May) Batter graduate development programs could fix skills shortages. Engineers Australia, 82, 40. 

Engineers Australia 2009. Inquiry into Skills Shortages in the Rail Industry - Submission to the Victorian Education and Training Committee, Canberra, Australia EA. 

We all can leam much from less-developed countries in principal and practice. Few thin produce innovation more quickly than shortages of money and resources, by skilled people. An old saying is Necessity is the mother of investion . Our concern and cooperation with the other 4j8 billion humans on this planet will be rewarding. It is this challenge that everyone of you in this great university hall today should strive to accomplish. Thank you. 

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