UNIVERSITY – INDUSTRY INTERFACE Wiseman Jack

Bridging the gap How can this gap be closed?

Major Objectives Accessing complimentary resources & skills Achieving research synergies that will increase productivity whilst keeping up with major technological developments

Mutual Benefit University Seeks market for discoveries/research outputs Industry Growth through academic inputs including consultancy

Building Blocks R&D Resources Training & student placements Technology development Involvement of Industry Expertise Exploratory work

Target Group Academic & research staff Students University leadership Professional staff Captains of industry and managers Policy makers

Strategic Issues Sharing of experience Pieces of work Joint events Joint projects Shared resources

University – Industry Why this interface/cross point? “Business are struggling to find skilled talent to hire” Davos delegates call for University-to-job schemes

University – Industry Interface Important Questions to ask? How can this gap be bridged? Is the education system at fault? Are the unemployed at fault? Is the unemployment high because of economic policies?

University – Industry Qualifications Knowledge Skills Capabilities

University – Industry Interface Mismatch between graduate numbers and skills shortages Businesses are struggling to find graduates the need resulting in developing training programmes themselves

University – Industry CHALLENGES UNEMPLOYED AND UNEMPLOYABLE GRADUATES

The future is NOW

Way Forward

Coming together is a beginning. Keeping together is progress. Working together is success. - Henry Ford