return on young ... (updated)
DESCRIPTION
An updated version of concept I'm working on called "Return on Young" which calls for investing in our kids as early as possible in order to prepare more competent human capital.TRANSCRIPT
RoYReturn on Young
[Updated]
What do you think the most valuable resource any nation may have?
People(Human Capital) Just think of Japan, Germany, UK, France, Korea… What kind of resources do they have in common?
The more people we have, the more developed we will be!
Does it make any sense to you?
Over Population or Human Capital
(Productivity – Consumption)
- +
For each individual in the society
Human CapitalCompetent
This makes all the difference
What is the best age to start preparing people to be more competent?
Birt
h
Kind
erga
rten
Prim
ary
Prep
arat
ory
Seco
ndar
y
Uni
vers
ity
Gra
duati
on
1 2 3 4
Competent Human Capital
Education
Training
Language Learning
Career Counseling
Internships
Employment Services
University Student or Fresh Graduate
We usually focus here
What would happen if we move part of the investment we make on stage 4 to stage 2?
Birt
h
Kind
erga
rten
Prim
ary
Prep
arat
ory
Seco
ndar
y
Uni
vers
ity
Gra
duati
on
1 2 3 4
0 2 4 6 8 10 12 14 16 18
The earlier we start the higher the return& of course the longer we have to wait for the return
Age
Retu
rn
Higher Return on Young
Higher RoY
Higher Return on Young
Now we’ve got the concept…
What about the implementation?
Can you list some “Basic” skills that would help anyone be more competent at work?
Communication Presentation Problem Solving
Strong Memory Numerical Skills Reasoning
Verbal Skills Motor Skills Reaction Speed
Have you noticed that …
All skills are accumulative & Neither is dependent on age nor future career
For God’s sake…
If all these skills are important, accumulative and none is age or career dependent…
Why don’t we work on them earlier?
All we need to do is…
To start thinking of our kids as
Young Talents
& begin working on their Competitiveness
Muhammad [email protected]