Growing Productivity: A New Challenge for an Old System

Growing Productivity: A New Challenge for an Old System

2 June, 16:30–17:45

Achieving high productivity against a background of accelerating technological development is a key challenge for many countries. Labour mobility and rapid adaptation of staff training systems to the global transformation in markets are stimulating the growth of ‘high-performance workplaces’. According to OECD data for 2016, Russia is performing less than half as well as more efficient economies in this respect. New demands on the real sector workforce are emerging faster than the existing vocational training system can produce specialists. What model of workforce training should be implemented in the context of contemporary challenges? What is the appropriate division of responsibilities between government bodies and private companies in this respect? Can it be left to companies to train their workforces themselves? How can the interests of employers be reconciled with those of countries, and those of individual workers trying to achieve success in their chosen profession? What must be done to avoid a gap between training and the practical application of skills? How can a balance be found between the challenges of growing productivity and the interests of business and people? What might an effective mechanism for ensuring workforce-led industrial growth, following the best foreign practices, look like?


Key moments

Business knows better what to teach and how to teach. The system can be more flexible.
Michael Harms
Managing Director, German Committee on Eastern European Economic Relations
If we want changes in competitiveness, personnel training should be carried out by business and not the government. This concerns, in particular, secondary specialised education. Business should bear the responsibility and spend the money.
Andrey Komarov
Сhairman of the Board of Directors, PJSC Chelyabinsk Pipe-Rolling Plant
For each company, labour productivity and production costs are among the main issues.
Sergey Kravchenko
President, Boeing Russia/CIS
We must stop supporting non-competitive enterprises throughout the system.
Vasily Osmakov
Deputy Minister of Industry and Trade of the Russian Federation
You have to have people with capacity to orchestrate.
Esko Aho
Prime Minister of Finland (1991–1995); Executive Chairman of the Board, East Office of Finnish Industries
In the future, there will be a struggle for talent. And those who find such talent first will be the ultimate winners.
Yermolai Solzhenitsyn
Senior partner, McKinsey & Company
In retail industry in Russia there is still a lot of potential, especially when it comes to creating a special service culture in a store.
Joerg Horcher
Managing Director, Hugo Boss Russia