New education models for changing economy

New education models for changing economy

BusinessNZ supports the latest inquiry by the New Zealand Productivity Commission to review new and emerging models of tertiary education.

The inquiry announced today will look at changes in the skills and capabilities needed for current and emerging industries, to identify ways to better support innovation in skills delivery.

BusinessNZ Chief Executive Phil O’Reilly said the inquiry would help improve tertiary education’s contribution to growth in productivity and competitiveness.

“This is an opportunity to improve outcomes for individuals and achieve a higher impact from investment in tertiary education.

“Productivity growth is fundamental to growing a competitive economy and higher living standards.

“Traditional models of tertiary education need to be rethought in the face of rapidly changing needs.

“This inquiry is an opportunity to explore how tertiary education including workplace learning can better equip New Zealanders with the skills and capabilities needed to get good jobs or start up their own businesses, and how it can better serve longer and multiple working careers.

“Stronger links are required between tertiary education organisations and businesses to drive innovation and growth, and the inquiry will help achieve this,’ Mr O’Reilly said.

ENDS

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