{"id":13044,"date":"2021-03-09T10:50:00","date_gmt":"2021-03-09T10:50:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/03\/09\/ntuc-lhub-uobs-innovation-accelerator-the-finlab-ngee-ann-polytechnic-and-ntuc-u-sme-announce-partnership-to-digitalise-500-companies-by-2021-through-reboot-programme\/"},"modified":"2021-03-09T10:50:00","modified_gmt":"2021-03-09T10:50:00","slug":"ntuc-lhub-uobs-innovation-accelerator-the-finlab-ngee-ann-polytechnic-and-ntuc-u-sme-announce-partnership-to-digitalise-500-companies-by-2021-through-reboot-programme","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/03\/09\/ntuc-lhub-uobs-innovation-accelerator-the-finlab-ngee-ann-polytechnic-and-ntuc-u-sme-announce-partnership-to-digitalise-500-companies-by-2021-through-reboot-programme\/","title":{"rendered":"NTUC LHUB, UOB\u2019s Innovation Accelerator The Finlab, Ngee Ann Polytechnic and NTUC U SME Announce Partnership To Digitalise 500 Companies by 2021 Through \u2018Reboot\u2019 Programme"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"\">\n                            <!--<a class=\"format-txt\" href=\"{baseURL}\/View\/{release.id}?_download=1\">View this article in .txt format<\/a>--><\/p>\n<p class=\"subheadline\">\n                               The programme brings together subject matter expertise of the partners to build the digital competencies of Singapore\u2019s workforce                             <\/p>\n<p>SINGAPORE &#8211;\u00a0<a href=\"https:\/\/www.media-outreach.com\/\">Media OutReach<\/a>\u00a0-&#13;<br \/>\n9 March 2021 &#8211; <a href=\"http:\/\/www.ntuclearninghub.com\/\">NTUC LearningHub<\/a> (NTUC LHUB), NTUC U&#13;<br \/>\nSME, United Overseas Bank (UOB)&#8217;s innovation accelerator The FinLab, and Ngee&#13;<br \/>\nAnn Polytechnic today signed a Memorandum of Understanding (MOU) to officially&#13;<br \/>\nlaunch the SME Digital Reboot programme. The programme aims to help 500 companies&#13;<br \/>\nnationwide deepen their digital capabilities by the end of 2022, in order for&#13;<br \/>\nthem to stay relevant and competitive in a transformed business landscape.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p style=\"text-align: center\"><img src=\"https:\/\/release.media-outreach.com\/release.php\/Images\/Thumb\/500x0\/130459\/NTUC1.jpg#image-130459\" width=\"500\"\/><\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<h5 style=\"text-align: center\"><i>NTUC LearningHub (NTUC LHUB), United Overseas Bank (UOB)&#8217;s&#13;<br \/>\ninnovation accelerator The FinLab, Ngee Ann Polytechnic and NTUC U SME today&#13;<br \/>\nsigned a Memorandum of Understanding (MOU) to officially launch the SME Digital&#13;<br \/>\nReboot programme. <\/i><\/h5>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p style=\"text-align: center\">\u00a0<img src=\"https:\/\/release.media-outreach.com\/release.php\/Images\/Thumb\/500x0\/130466\/NTUC2.jpg#image-130466\" width=\"500\"\/><\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<h5 style=\"text-align: center\"><i>Trainees of the&#13;<br \/>\nSME Digital Reboot programme learning compare the prices of groceries online&#13;<br \/>\nusing Robotic Process Automation (RPA).<\/i><\/h5>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>While the SME Digital Reboot programme is applicable to&#13;<br \/>\ncompanies of all sizes, the outreach efforts for which will focus strongly on&#13;<br \/>\nSmall Medium Enterprises (SMEs). Employing more than two-third of Singapore&#8217;s&#13;<br \/>\nworkforce, SMEs contribute an estimated half of Singapore&#8217;s Gross Domestic&#13;<br \/>\nProduct. Many SMEs think of digital transformation as an exclusive measure that&#13;<br \/>\nonly larger companies can afford as they are unaware of the assistance&#13;<br \/>\navailable to drive digital transformation in their own SMEs. The SME Digital&#13;<br \/>\nReboot programme aims to create a mindset shift for SME employers, push for&#13;<br \/>\nupskilling of SME employees, and help SMEs create sustainable business tools for&#13;<br \/>\nthem to adapt to changes. Through a pilot programme, 40 companies have&#13;<br \/>\nbenefitted from the &#8216;reboot&#8217;, turning digital disruption to digital assistance&#13;<br \/>\nin their businesses.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>The SME Digital Reboot programme, which is led by NTUC LHUB,&#13;<br \/>\nhelps to synergise the unique strengths of key partners to uplift companies to&#13;<br \/>\nkeep pace with the age of digitalization. This will be done through an&#13;<br \/>\nend-to-end solution covering needs assessment, curated training programmes and&#13;<br \/>\nworkplace learning sessions. <\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13; <\/p>\n<p>Firstly, NTUC U SME will leverage their broad network of&#13;<br \/>\nSMEs and associations to boost outreach efforts. Secondly, with The FinLab&#8217;s&#13;<br \/>\nexpertise in supporting ASEAN SMEs with their business transformation journeys,&#13;<br \/>\nthe organisation will provide companies access to a range of digital resources&#13;<br \/>\nand tools on The FinLab Online designed to help them understand their business&#13;<br \/>\nneeds and to determine a sustainable digitalisation strategy. Thirdly, NTUC&#13;<br \/>\nLHUB and NP will provide training across five tracks including Digital&#13;<br \/>\nCommunication and Collaboration, Workflow Automation, Process Automation, Data&#13;<br \/>\nProcesses and Visualisation, and Digital Marketing. Lastly, to ensure that the&#13;<br \/>\nlearning can be applied effectively, the programme includes on-ground&#13;<br \/>\nimplementation support through workplace learning sessions by NP lecturers,&#13;<br \/>\ngraduates and students (Annex A).<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>A key group benefitting from the pilot is the Association of&#13;<br \/>\nEmployment Agencies Singapore (AEAS), the only industry association&#13;<br \/>\nrepresenting employment agencies in Singapore. AEAS members are made up of manpower-lean&#13;<br \/>\nemployment agencies where staff training absenteeism is seen as manpower costs&#13;<br \/>\nincurred. Under the programme, AEAS members would be offered employment&#13;<br \/>\nadvisory for training, training courses for workers and the right tools to&#13;<br \/>\nkickstart their digital transformation. Having benefited as one of the early adopters&#13;<br \/>\nof the SME Digital Reboot programme, AEAS signed a MOU with NTUC U SME today as&#13;<br \/>\na pledge to help more of their members kickstart their digital transformation&#13;<br \/>\nthrough this programme.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p><b>Quotes by Key Representatives of SME Digital Reboot&#13;<br \/>\nProgramme<\/b><\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13; <\/p>\n<p><u>Ng Chee&#13;<br \/>\nMeng, Secretary-General of NTUC<\/u><\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13; <\/p>\n<p>&#8220;NTUC, LHUB&#13;<br \/>\nand our unions will continue to partner with our employers to transform their&#13;<br \/>\nworkforce as technology is fast evolving the workplace and business operations.&#13;<br \/>\nAs the road to digitalisation gathers pace, I am confident that with SME&#13;<br \/>\nDigital Reboot programme&#8217;s launch, our SME employers will have a positive&#13;<br \/>\nmindset shift and gain confidence in investing in their workers, upskill their&#13;<br \/>\ndigital skills to remain relevant and keep pace with the times. Simultaneously,&#13;<br \/>\nwe will accelerate our SMEs&#8217; and companies&#8217; transformation by building digital&#13;<br \/>\ncompetencies which are vital in driving Singapore&#8217;s transformed business&#13;<br \/>\nlandscape.&#8221;<\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13; <\/p>\n<p><u>Eugene&#13;<br \/>\nWong, Chairman of NTUC LHUB<\/u><\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13; <\/p>\n<p>&#8220;SMEs are key engines of our economy, yet 40% of SMEs&#13;<br \/>\nsurveyed cited the lack of support and expertise as barriers to digitalisation.&#13;<br \/>\nAs the digital wave sweeps over Singapore, it is crucial for SMEs to&#13;<br \/>\neffectively reboot their businesses to stay competitive and drive Singapore&#8217;s&#13;<br \/>\ngrowth. Transformation is a continuous journey, and NTUC LHUB is committed to&#13;<br \/>\nhelping SMEs build future skills that align with industrial changes. The&#13;<br \/>\nstrategic partnership with The FinLab and Ngee Ann Polytechnic to roll out a&#13;<br \/>\nstructured SME Digital Reboot program will empower organisations to take the&#13;<br \/>\nfirst step in their digital transformation strategy by building in-demand&#13;<br \/>\nskills to navigate towards digital success. NTUC LHUB endeavours to continue&#13;<br \/>\nexpanding our ecosystem of partners to transform workers for a transformed&#13;<br \/>\nfuture.&#8221;<\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13; <\/p>\n<p><u>Yeo Wan&#13;<br \/>\nLing, Director NTUC U SME<\/u><\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13; <\/p>\n<p>&#8220;NTUC U SME&#13;<br \/>\nis committed to providing targeted assistance to our partner SMEs, to help&#13;<br \/>\ntheir workers upskill and their company transform digitally to adapt in the post-COVID-19&#13;<br \/>\nworld. SMEs are one of the key pillars of Singapore economy employing a large&#13;<br \/>\nportion of Singapore&#8217;s workforce. With the added boost from the recent&#13;<br \/>\nSingapore Budget 2021, I hope to engage more companies and associations like&#13;<br \/>\nthe Employment Agencies (Singapore) to help them innovate and enhance their&#13;<br \/>\nproductivity.&#8221;<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p><u>Janet&#13;<br \/>\nYoung, Co-founder and Director, The FinLab<\/u><\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13; <\/p>\n<p>&#8220;COVID-19&#13;<br \/>\nhas made digital transformation imperative and therein lies the critical need&#13;<br \/>\nto help SMEs not only to weather the immediate impact on their businesses but&#13;<br \/>\nto thrive in a transformed world. To do that, we are tapping the experience of&#13;<br \/>\nNTUC LHUB, NTUC U SME and Ngee Ann Polytechnic together with UOB&#8217;s expertise&#13;<br \/>\nand The FinLab&#8217;s suite of digital resources and community of industry experts&#13;<br \/>\nto provide SMEs the guidance they need to digitalise sustainably. Drawing on&#13;<br \/>\nUOB&#8217;s extensive SME network in Singapore and ASEAN, we will continue to broaden&#13;<br \/>\nour reach to help more companies benefit through the SME Digital Reboot&#13;<br \/>\nprogramme.&#8221;<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p><u>Clarence&#13;<br \/>\nTi, Principal of Ngee Ann Polytechnic (NP)<\/u><\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13; <\/p>\n<p>&#8220;We are&#13;<br \/>\nhonoured to be part of this programme to provide a one-stop solution to help&#13;<br \/>\nSMEs successfully digitalise and transform. By combining training, consultancy&#13;<br \/>\nand solutioning, this programme takes a holistic approach which we believe will&#13;<br \/>\ngreatly benefit SMEs. To ensure an effective implementation of digital&#13;<br \/>\nsolutions, NP has adapted the training pedagogy in the form of use-case&#13;<br \/>\nplaybooks and best practices. NP is also looking forward to offering&#13;<br \/>\npost-training consultation and guidance to help SMEs roll out their digital&#13;<br \/>\nsolutions smoothly. Being part of the SME digitalisation journey not only&#13;<br \/>\npresents a great opportunity for our staff, students and alumni to contribute&#13;<br \/>\nour expertise, but also allows us to build up additional use cases to further&#13;<br \/>\nenhance our training programmes in this area.&#8221;<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Companies are encouraged to leverage the available&#13;<br \/>\nSkillsFuture Singapore (SSG) Funding to enroll into the programme. For more information, please visit: <a href=\"https:\/\/www.ntuclearninghub.com\/digital-reboot-digitalise-your-business-today\/\">https:\/\/www.ntuclearninghub.com\/digital-reboot-digitalise-your-business-today\/<\/a> <\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p><b><u>Chinese&#13;<br \/>\nNames and Terms\u00a0<\/u><\/b><b><u>\u4e2d\u6587\u540d\u79f0\u4e0e\u8bcd\u6c47<\/u><\/b><b><u\/><\/b><\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<table border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td width=\"300\" valign=\"top\">&#13; <\/p>\n<p><b>Term<\/b><\/p>\n<p>&#13;\n  <\/td>\n<p>&#13; <\/p>\n<td width=\"300\" valign=\"top\">&#13; <\/p>\n<p><b>Translation<\/b><\/p>\n<p>&#13;\n  <\/td>\n<p>&#13;<br \/>\n <\/tr>\n<tr>\n<td width=\"300\" valign=\"top\">&#13; <\/p>\n<p>National Trades&#13;<br \/>\n  Union Congress (NTUC)<\/p>\n<p>&#13;\n  <\/td>\n<p>&#13; <\/p>\n<td width=\"300\" valign=\"top\">&#13; <\/p>\n<p>\u5168\u56fd\u804c\u5de5\u603b\u4f1a\u00a0(\u804c\u603b\uff09\u00a0\u00a0<\/p>\n<p>&#13;\n  <\/td>\n<p>&#13;<br \/>\n <\/tr>\n<tr>\n<td width=\"300\" valign=\"top\">&#13; <\/p>\n<p>The FinLab<\/p>\n<p>&#13;\n  <\/td>\n<p>&#13; <\/p>\n<td width=\"300\" valign=\"top\">&#13; <\/p>\n<p>\u5927\u534e\u94f6\u884c\uff08UOB\uff09\u521b\u65b0\u5b9e\u9a8c\u5ba4FinLab<\/p>\n<p>&#13;\n  <\/td>\n<p>&#13;<br \/>\n <\/tr>\n<tr>\n<td width=\"300\" valign=\"top\">&#13; <\/p>\n<p>Ngee Ann&#13;<br \/>\n  Polytechnic<\/p>\n<p>&#13;\n  <\/td>\n<p>&#13; <\/p>\n<td width=\"300\" valign=\"top\">&#13; <\/p>\n<p>\u4e49\u5b89\u7406\u5de5\u5b66\u9662<\/p>\n<p>&#13;\n  <\/td>\n<p>&#13;<br \/>\n <\/tr>\n<tr>\n<td width=\"300\" valign=\"top\">&#13; <\/p>\n<p>NTUC U SME<\/p>\n<p>&#13;\n  <\/td>\n<p>&#13; <\/p>\n<td width=\"300\" valign=\"top\">&#13; <\/p>\n<p>\u804c\u603bU\u4e2d\u5c0f\u4f01\u4e1a\u534f\u4f5c\u5e73\u53f0<\/p>\n<p>&#13;\n  <\/td>\n<p>&#13;<br \/>\n <\/tr>\n<tr>\n<td width=\"300\" valign=\"top\">&#13; <\/p>\n<p>NTUC\u00a0LearningHub\u00a0<\/p>\n<p>&#13;\n  <\/td>\n<p>&#13; <\/p>\n<td width=\"300\" valign=\"top\">&#13; <\/p>\n<p>\u804c\u603b\u6052\u4e60<\/p>\n<p>&#13;\n  <\/td>\n<p>&#13;<br \/>\n <\/tr>\n<tr>\n<td width=\"300\" valign=\"top\">&#13; <\/p>\n<p>SME Digital Reboot<\/p>\n<p>&#13;\n  <\/td>\n<p>&#13; <\/p>\n<td width=\"300\" valign=\"top\">&#13; <\/p>\n<p>\u4e2d\u5c0f\u4f01\u4e1a\u6570\u7801\u91cd\u542f<\/p>\n<p>&#13;\n  <\/td>\n<p>&#13;<br \/>\n <\/tr>\n<tr>\n<td width=\"300\" valign=\"top\">&#13; <\/p>\n<p>Clarence Ti<\/p>\n<p>&#13; <\/p>\n<p>Principal, Ngee&#13;<br \/>\n  Ann Polytechnic<\/p>\n<p>&#13;\n  <\/td>\n<p>&#13; <\/p>\n<td width=\"300\" valign=\"top\">&#13; <\/p>\n<p>\u90d1\u6587\u8f89<\/p>\n<p>&#13; <\/p>\n<p>\u4e49\u5b89\u7406\u5de5\u5b66\u9662\u6821\u957f<\/p>\n<p>&#13;\n  <\/td>\n<p>&#13;<br \/>\n <\/tr>\n<\/tbody>\n<\/table><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/release.php\/View\/68033#Contact\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The programme brings together subject matter expertise of the partners to build the digital competencies of Singapore\u2019s workforce SINGAPORE &#8211;\u00a0Media OutReach\u00a0-&#13; 9 March 2021 &#8211; NTUC LearningHub (NTUC LHUB), NTUC U&#13; SME, United Overseas Bank (UOB)&#8217;s innovation accelerator The FinLab, and Ngee&#13; Ann Polytechnic today signed a Memorandum of Understanding (MOU) to officially&#13; launch the &hellip;<\/p>\n","protected":false},"author":1,"featured_media":13045,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/13044"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=13044"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/13044\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/13045"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=13044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=13044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=13044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}