28 November 2017
An overemphasis on academic credentials could affect how well a country fares, said Finance Minister Heng Swee Keat recently at a dialogue session at the Moulmein-Cairnhill ward in Tanjong Pagar GRC.
Mr Heng said there was a range of qualities, including values and skills, that determine who is the best fit for a job.
Such qualities are revealed over time and are not necessarily captured in paper qualifications.
Countries that take a narrow definition of success end up less successful “as a country”, said Mr Heng, because they get “fixated on (one) holy criteria for success”.
Mr Heng, who was responding to a presentation made by a group of Anglo-Chinese School (Barker Road) students who highlighted the need for holistic education to develop all-rounded leaders, identified two groups of people who will be key in changing the definition of success: Parents and employers.
After the dialogue, Mr Heng also spoke on the progress on economic restructuring in Singapore. He noted that more than one-third of the Industry Transformation Maps in the pipeline have been launched.