Report calls for collaboration between schools and businesses
A report released at the World Innovation Summit for Education (WISE) in Doha has called for more collaboration between schools and the world of work.
WISE carried out a survey of its global community regarding the effectiveness of education systems around the world and the results identify major gaps in how education systems are preparing students for work, and call for closer collaboration with employers and more emphasis on teacher quality.
The 2015 WISE Education Survey: Connecting education to the real world, conducted by Gallup, is based on responses from 1,550 members of the WISE global community from 149 countries.
It indicates that respondents are largely critical of the job education systems are doing, including the key task of preparing students for the workforce. Three-quarters of those surveyed are dissatisfied with the overall education system in their countries, with only 34% of respondents believing his or her country’s education system has improved in the past decade; 29% say it has worsened.
The lack of integration with employers is seen as a key challenge in post-secondary education. Less than half of those surveyed believe the system is preparing university students for success in work. Seven in ten (69%) of the respondents say that preparing students for the world of work is the responsibility of the university, not employers. But only 39% believe universities in their countries are adequately preparing students for the workplace. 62% of those surveyed identify lack of work or internship opportunities that prepare students for jobs as the top challenge in post-secondary education.
They believe the best way to achieve better work readiness is through more collaboration between schools and employers, giving students ample opportunity to exercise the skills they learn in real world classrooms.
WISE is currently taking place in Doha, Qatar.
5 minutes with... Janthana Kaenprakhamroy, CEO, Tapoly
Founder and CEO of award-winning insurtech firm Tapoly, Janthana Kaenprakhamroy heads up Europe’s first on-demand insurance platform for the gig economy, winning industry awards, innovating in the digital insurance space, and leading with inclusivity.
Here, Business Chief talks to Janthana about her leadership style and skills.
What do you do, in a nutshell?
I’m founder and CEO of Tapoly, a digital MGA providing a full stack of commercial lines insurance specifically for SMEs and freelancers, as well as a SaaS solution to connect insurers with their distribution partners. We build bespoke, end-to-end platforms encompassing the whole customer journey, but can also integrate our APIs within existing systems. We were proud to win Insurance Provider of the Year at the British Small Business Awards 2018 and receive silver in the Insurtech category at the Efma & Accenture Innovation in Insurance Awards 2019.
How would you describe your leadership style?
I try to be as inclusive a leader as possible. I’m committed to creating space for everyone to shine. Many of the roles at Tapoly are performed by women and I speak at industry events to encourage more people to get involved in insurance/insurtech. Similarly, I always try to maintain a growth mindset. I think it’s important to retain values to support learning and development, like reliability, working hard and punctuality.
What’s the best leadership advice you’ve received?
Build your network and seek advice. As a leader, you need smart people around you to help you grow your business. It’s not about personally being the best, but being able to find resources and get help where needed.
How do you see leadership changing in a COVID world?
I think the pandemic has proven the importance of inclusive leadership so that everyone feels supported and valued. It’s also shown the importance of being flexible as a leader. We’ve had to remain adaptable to continue delivering high levels of customer service. This flexibility has also been important when supporting employees as everyone has had individual pressures to deal with during this time. Leaders should continue to embed this flexibility within their organisations moving forward.
They say ‘from every crisis comes opportunity’, what opportunities do you see?
The past year has been challenging, but it has also proven the importance of digital transformation in insurance. When working from home was required, it was much harder for insurers to adjust who had not embedded technology within their operating processes because they did not have data stored in the cloud and it caused communication delays with concerned customers at a time when this communication should have been a priority, which ultimately impacts the level of customer satisfaction. This demonstrates the importance of what we are trying to achieve at Tapoly in driving digitalisation in insurance and making communication between insurers and distribution partners seamless.
What advice would you give to your younger self just starting out in the industry?
Start sooner, don’t be afraid to take (calculated) risks and make sure you raise enough money to get you through the initial seed stage.