The annual APEC CEO Summit, a meeting of some of the world’s most influential business leaders and government officials, always sparks insightful discussions on the future of the global economy. The 2017 summit, held in Da Nang, Vietnam, was no exception. Under the theme “Creating New Dynamism, Fostering a Shared Future”, it provided a platform to delve into pressing issues like globalization and the evolving landscape of work.
Globalization and the Future of Work: Key Takeaways
The summit’s first day saw a convergence of thought leaders, including Philippine President Rodrigo Duterte, who grappled with the challenges and opportunities presented by globalization. A recurring theme was the need to equip workforces with the skills necessary to thrive in a rapidly changing world.
“The future of work is not something to be feared, but rather shaped,” remarked one CEO, highlighting the need for collaboration between governments and businesses. The consensus was clear: investing in robust education and training programs is paramount to ensure that workers are equipped with the skills needed to navigate the changing job market.
Automating the Future, Securing Livelihoods
The summit grappled with a pertinent question: How can we harness the potential of automation while ensuring job security for millions? Many CEOs stressed the importance of social safety nets and upskilling initiatives to support workers whose jobs may be impacted by technological advancements.
“It’s not about replacing jobs, but about redesigning them,” commented a technology entrepreneur, emphasizing the need for continuous learning and adaptation. The summit underscored the importance of embracing a future where humans and technology work in synergy.
A Vietnamese Perspective: Vietjet Air CEO Takes the Stage
The summit was further enriched by the participation of Vietnamese business leaders. Notably, Nguyen Thi Phuong Thao, CEO of Vietjet Air and Vietnam’s first female billionaire, took part in a panel discussion titled “Connecting for Growth”. She shared her insights on bridging global and regional gaps to foster economic vitality through trade and entrepreneurship.
Thao’s presence highlighted Vietnam’s growing economic influence and the significant contributions of its business leaders on the global stage.
APEC 2017: A Catalyst for Collaboration
Beyond the CEO Summit, the week-long APEC events, which included the AMM (Ministers Responsible for Trade Meeting), served as a powerful reminder of the importance of international cooperation. Delegates from 21 APEC member economies convened to discuss key issues, review progress on APEC initiatives, and set the stage for the upcoming Economic Leaders’ Meeting.
“APEC continues to be a driving force in ensuring that the Asia-Pacific region remains a powerhouse of global economic growth and integration,” remarked Vietnamese Deputy Prime Minister and Foreign Minister Pham Binh Minh.
Shaping a Shared Future
The 2017 APEC CEO Summit was not merely an event but a call to action. It urged stakeholders to embrace the dynamism of our times and work together to create a future where everyone has the opportunity to thrive.
What are your thoughts on the evolving relationship between globalization and the future of work? Share your insights in the comments below.