Building Capacity is Vital to being a Global Employee - Expert
The universality of the human capital resource has been identified as one of the most significant imports of globalisation, which has made organizations to have unfettered access to new pool of human capital from any area in the world.
The assertion was made by the Group Head, Compensation and Benefit, First City Monument Bank Limited (FCMB), Mr. Kolawole Amusa, at the Town and Gown seminar of the Department of Business Management, Covenant University, on Friday, February 23, 2018.
Mr. Amusa, who was the guest speaker at the seminar, but represented by Mr. Olumide Ekun, said that while the current wave of globalization might seem a threat and increased competition to some, it avails the resourceful others with greater options, compared to the seeming threat and competitiveness associated with it. According to him, while a legal tender in one clime may not be acceptable in another, the same cannot be said about skills in various areas of career professionalism.
He noted that with increase in creative disruptions via technological innovations, the number of people not willing to follow traditional career path are multiplying, with strong emphasis on capacity building and increased new skillset, developing flexibility in the ever increasing marketing conditions, and there is a paradigm shift from just securing a job.
The guest speaker stated that most work environments are where advance education for industrial relevance actually starts from, when education from academic settings are exhausted.
He identified employability and hard and soft skills as the various skill levels that help professionals to develop necessary capacity towards maintaining global relevance. “Employability skills are basic and transferable. They are needed to become employable. The hard skills will naturally help such individual secure a job, while the soft skills will always be needed to help retain the job,” he added.
Mr. Amusa, who was former Head, Employee Services, First City Monument Bank (FCMB) Limited, told the gathering that amid the disruptive way things are now done, it is expected that those seeking relevance must of necessity, position themselves for the future.
According to him, “To be relevant in the new world of work, you must develop your abilities, both individually and collectively to meet up with set and achievable objectives, perform new functions, solve problems and develop means and conditions required to enable existing and new processes.”
He posited that human capital is asserted to be the most important element of any successful business, and organisations are ready to compete to get and retain the best of them so as to compete at the highest level of competency. The process of developing and building capacity of spotted talent, he noted, entails recruiting, developing capacity, and retaining identified talents that would help drive global relevance.
He challenged the students of human resources management, who desire to make a mark in the industry, to carry out a self-evaluation of their competency as it relates to trending skills in the industry, avail themselves of opportunities as it relates to training courses, seminars, symposia, job volunteer programs and mentorship scheme, and above all constantly re-evaluating themselves and embarking on continuous learning, which are essential strategies for personal success.
Mr. Amusa averred that the fast-paced world has imposed on those who seek global relevance in the world of work to be ready to take initiative by proactively equipping themselves for the environment they seek to compete in, as knowledge, in itself, is becoming more obsolete, with technology and human behaviour changing the world.