Team: SMK
David Alenga and Shomi Kim
• Identifying the peculiarities of today’s environment because “You
cannot use yesterday’s tools to do today’s business and expect to
be in business tomorrow.”
• High youth unemployment is the result of a significant mismatch
between the skills offered by young people and the demands of the
labor market
• For this reason, we propose the endogenous development theory
pioneered by economist Paul Romer. Consistent with the theory, we
believe that the tools for fighting youth unemployment are
endogenous rather than exogenous factors. The human capital
component, backed by knowledge and innovation holds promise.
• Because the solution to youth unemployment is endogenously
engrained, our team believes that ICT offers the best way for us to
collaborate through extensive knowledge and experience sharing to
create new ideas to respond to our peculiar situations.
   We are not the “lost Generation:” We are the
    “facebook generation.” The generation that can
    use the power of ICT to embark on political
    revolutions
   Conventional school-centered-education is no
    path to employment but a dangerous slide down
    the dead end jobs and the abyss of careerism. “It
    emphasizes pre-digested information to build
    fluency in routine problem solving, rather than
    filtering data derived from experiences in
    complex settings to develop skills in
    sophisticated problem solving.”
   The Fordist-Taylorist development model of
    mass production and manufacturing backed by
    the scientific application of scientific
    management of masses of people no longer
    holds true for the 21st century
   Economists Richard Murnane and Frank Levy
    blame educational systems that prepares people
    for a labor market that operated on routine
    cognitive work and routine manual labor--the
    type that has now been taken over by computers.
    The new source of employment is “expert
    thinking or complex communication—tasks that
    computers cannot do.”
   They say “expert thinking involves effective
    pattern matching based on detailed
    knowledge; and metacognition, the set of
    skills used by the stumped expert to decide
    when to give up on one strategy and what to
    try next.”
   Youth unemployment is not the result of the
    global recession but because of the absence
    of the skills required to be economically
    active in this generation
   A distinction has to be made between
    “contextual skills” and “perennial skills.” The
    labor market of the 21st century requires the
    former and less of the latter.
   Contextual skills refer to developing the
    required ways to respond to uncertain and
    rapidly evolving challenges in the real world.
   Knowledge and continuous learning are the
    wheels upon which the contextual skills roll.
   Contextual skills comes down to information
    literacy, the type that will build the capacity
    of the individual to be able to use technology
    to mine information in order to construct
    knowledge, inspire creative thinking leading
    to creative product and service creation.
   The emphasis here is not on the proficiency
    of the technology itself but the intellectual
    activities that a person or group of persons
    are able to do with ICT.
   ICT offers the chance for the continuous learning
    because ICT powered social networking
    platforms are the places where young people
    connect with each other, discuss issues as it
    pertains to their unique conditions, share
    experiences that can potentially lead to the
    creation of new ideas.
   We caution against the tendency to unilaterally
    plunge into self-employment because one feels
    the need to be employed. Self-employment
    should be driven by the ability to offer a creative
    idea to address real world challenges.
   Folks must leverage the power of ICT to bring
    about the kind of impact of the Arab Spring.
    We hasten to offer specifics, because like the
    rest of the young people out there, the fight
    needs to be fought and it must start from
    somewhere that’s why ICT enables us to pull
    down the barricades of time and space
    through collaborative troubleshooting.
   The challenges of our times is that problems
    are rarely clearly defined so we need to
    collaborate via information sharing in ways
    that will ensure that we confront the complex
    and uncertain realities that we have to deal
    with, such as those pertaining to the abstract
    elements that constructs the
    political, economic and social environments
    we live in.
   Like Hyundai Motors, our team believes that
    “New Thinking” brings about “New
    Possibilities.”

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[Challenge:Future] SMK

  • 1. Team: SMK David Alenga and Shomi Kim
  • 2. • Identifying the peculiarities of today’s environment because “You cannot use yesterday’s tools to do today’s business and expect to be in business tomorrow.” • High youth unemployment is the result of a significant mismatch between the skills offered by young people and the demands of the labor market • For this reason, we propose the endogenous development theory pioneered by economist Paul Romer. Consistent with the theory, we believe that the tools for fighting youth unemployment are endogenous rather than exogenous factors. The human capital component, backed by knowledge and innovation holds promise. • Because the solution to youth unemployment is endogenously engrained, our team believes that ICT offers the best way for us to collaborate through extensive knowledge and experience sharing to create new ideas to respond to our peculiar situations.
  • 3. We are not the “lost Generation:” We are the “facebook generation.” The generation that can use the power of ICT to embark on political revolutions  Conventional school-centered-education is no path to employment but a dangerous slide down the dead end jobs and the abyss of careerism. “It emphasizes pre-digested information to build fluency in routine problem solving, rather than filtering data derived from experiences in complex settings to develop skills in sophisticated problem solving.”
  • 4. The Fordist-Taylorist development model of mass production and manufacturing backed by the scientific application of scientific management of masses of people no longer holds true for the 21st century  Economists Richard Murnane and Frank Levy blame educational systems that prepares people for a labor market that operated on routine cognitive work and routine manual labor--the type that has now been taken over by computers. The new source of employment is “expert thinking or complex communication—tasks that computers cannot do.”
  • 5. They say “expert thinking involves effective pattern matching based on detailed knowledge; and metacognition, the set of skills used by the stumped expert to decide when to give up on one strategy and what to try next.”  Youth unemployment is not the result of the global recession but because of the absence of the skills required to be economically active in this generation
  • 6. A distinction has to be made between “contextual skills” and “perennial skills.” The labor market of the 21st century requires the former and less of the latter.  Contextual skills refer to developing the required ways to respond to uncertain and rapidly evolving challenges in the real world.  Knowledge and continuous learning are the wheels upon which the contextual skills roll.
  • 7. Contextual skills comes down to information literacy, the type that will build the capacity of the individual to be able to use technology to mine information in order to construct knowledge, inspire creative thinking leading to creative product and service creation.  The emphasis here is not on the proficiency of the technology itself but the intellectual activities that a person or group of persons are able to do with ICT.
  • 8. ICT offers the chance for the continuous learning because ICT powered social networking platforms are the places where young people connect with each other, discuss issues as it pertains to their unique conditions, share experiences that can potentially lead to the creation of new ideas.  We caution against the tendency to unilaterally plunge into self-employment because one feels the need to be employed. Self-employment should be driven by the ability to offer a creative idea to address real world challenges.
  • 9. Folks must leverage the power of ICT to bring about the kind of impact of the Arab Spring. We hasten to offer specifics, because like the rest of the young people out there, the fight needs to be fought and it must start from somewhere that’s why ICT enables us to pull down the barricades of time and space through collaborative troubleshooting.
  • 10. The challenges of our times is that problems are rarely clearly defined so we need to collaborate via information sharing in ways that will ensure that we confront the complex and uncertain realities that we have to deal with, such as those pertaining to the abstract elements that constructs the political, economic and social environments we live in.  Like Hyundai Motors, our team believes that “New Thinking” brings about “New Possibilities.”