The Vice President of the Republic of Malawi, Right Honourable Saulos Klaus Chilima officially opened the first ever Technical, Entrepreneurial and Vocational Education and Training (TEVET) Authority National Executive Conference with a call on business captains to be innovative or be wiped out from the competitive business.
Speaking in Mangochi on 6th October when he officially opened the high-level conference, Right Honourable Chilima said change happens by changing and this can happen if those in leadership positions are innovative in order to adapt to the ever changing socioeconomic landscape.
“These days either you innovate or be wiped out from the competitive business out there. By learning new skills, networking and sharing experiences, which is the purpose of this conference, you will find ways of maximizing business returns and promoting corporate brands”
The Veep said the conference theme “steering organisations through business turbulence” was indeed befitting and advised the corporate leaders to grab this opportunity to learn new things from each other.
He said the global economic turbulence ignited by the global recession a few years backcontinues to haunt economies all over the world, stressing that there is need for the public and private sector to work together for Malawi to achieve sustainable social- economic development.
“Private sector involvement is a process to sustainable development, we need to turn our economy from being a predominantly importing and consuming country to one that is producing and exporting”.
“This shift cannot be done if the private sector is left out in all developments phases” Right Honourable Chilima said”.
In his remarks, TEVETA Board chairperson, Mr. Gilbert Chilinde said the National Executive Conference falls under one of TEVET Authority key priority areas, the Public and Private Sector Training programme.
He said these training programmes are aimed at ensuring increased productivity at the workplace for purposes of increased fecundity and delivery of high quality goods and services on the market.
"The public and private sector training has four windows and the NEC falls under the Common Tailor-made Training window. A training which involves respective companies/ associations and industrial grouping that have common skill gaps. The TEVET Authority pays for training venue costs and training materials”.
He further went to say that the other 3 windows include Company or Organisation-specific in house Training with Reimbursements where companies or organisations organise in-house training in which TEVETA pays 20% of the total direct training costs,
Company or Organisation- specific On the technical support where companies or industrial groupings liaise with TEVETA to access technical support and advice regarding capacity building of their workforce and
The Company or Organisation-specific On the Job Training where companies are supported technically and financially in the implementation of training at the workplace.
“The idea to come up with NEC came about after realizing that our executives were being left out as far as skills training and up-skilling is concerned. It is my hope that they will embrace this new training product and use it to the benefit of the respective companies and organisations” Mr. Chilinde said.
South African branding and reputation guru, Thebe Ikalafeng on his part delivered a key note address to 76 leaders of 41 established companies through a presentation titled “Innovative business practices for increased productivity in a turbulent business environment” among others he urged the corporate leaders to think out of the box.