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Manufacturing needs talented people: Deloitte


Access to talented workers who are capable of supporting innovation is the key factor driving global manufacturing competitiveness, according to a benchmark report from Deloitte and the U.S. Council on Competitiveness. This factor is well ahead of the ‘classic’ factors traditionally associated with competitive manufacturing, such as labour, materials and energy.
 
Deloitte manufacturing partner, Damon Cantwell noted that in order for Australia to remain globally competitive over the next five years innovation needs to be not only encouraged across the manufacturing sector but mandated.
 
“Australia needs to have a steady supply of highly-skilled workers including scientists, researchers and engineers, as they have been identified as the main drivers of manufacturing competitiveness across a range of nations. We need to encourage study and career development for the next generation of workers in Australia to enter these disciplines,” said Mr Cantwell.
 
The findings of the report come from the responses of more than 400 worldwide chief executive officers and senior manufacturing executives to a detailed survey conducted in late 2009 and early 2010. It also draws on select interviews with key manufacturing decision makers.
 
“This study forecasts changes in global manufacturing centres over the next five years. The opportunity exists for Australian companies and government to position themselves to take advantage of this,” said Mr Cantwell.
 
The study indicates that manufacturing in the 21st century will now include innovative technology and will span ideas, products and services moving beyond the production of goods, which was the predominant factor in the 20th century.
 
“This shift creates an opportunity for Australian manufacturing to leverage their higher-end research, design and development expertise,” said Mr Cantwell.
 
The study’s key finding about the growing importance of talented scientists, engineers and properly educated production workers is derived from a ranking system that asked the respondents to assign a numbered score of importance between one and 10 to a list of factors affecting industry competitiveness.
 
Beyond the talent issue, government policy settings rank equally amongst traditional manufac...
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