business bites 52 February 2022 www.bahrainthismonth.com The Bahrain Society of Private Training Institutes (BSPTI) is conducting a national study of Bahrain’s training requirements at the individual and corporate levels. The research intends to create a qualitative leap in the performance of Bahraini training institutes and assist them in adopting the latest technology for training. Experts and specialists are currently working on writing the final recommendations of the comprehensive study which covered different productive sectors. The study includes the opinion of human resource managers, stakeholders in the training sector in government and private institutions, and jobseekers. “BSPTI will ensure that training institutes implement these recommendations to develop the training process. This will be done through the content of training courses by harnessing modern technologies in training, including electronic training. These recommendations will be presented to stakeholders in the training sector in Bahrain, including the Ministry of Labour and Social Development, the Education and Training Quality Assurance Authority and Tamkeen Labour Fund,” says Chairman of the Society, Nawaf Al Jishi. Part of the study focuses on the issue of apprenticeship, which includes theoretical and practical training programmes to learn trades and professions in different industries, and how to encourage more Bahraini youth to enter professional and craft fields, in addition to the best mechanisms for providing appropriate qualifications to obtain practicing licenses professions. A FOCUS ON BAHRAIN’S TRAINING NEEDS Bahrain Steel BSC, a leading producer and global supplier of high-grade iron-ore pellets and a subsidiary of Foulath Holding has reached a record production of 12 million tonnes of iron-ore pellets in 2021. The company’s Increased output also enables the company to help facilitate the transition towards carbon neutrality. This milestone also aligns with the Kingdom of Bahrain’s Economic Vision 2030, Economic Recovery Plan and the Industrial Sector Strategy (2022-26), which call for an increase in the industrial sector’s contribution to GDP, exports and job creation, with Bahrain Steel already contributing over four percent of GDP and 25 percent to the country’s non-oil exports aside from employing 260 Bahraini nationals. “As the only GCC owned pellet producer and a reliable supplier to all regional steel manufacturers, Bahrain Steel’s ability to meet increasing demand for pellets in greener steel production is inextricably linked with sustainable economic growth, both in the region and around the world,” says Chairman of Foulath and Bahrain Steel, Meshary Al-Judaimi. Record production was achieved by meticulous strategic planning and supported by strong collaborations with the company’s supply chain partners including a 20-year agreement signed in 2019 with Anglo American Marketing Limited (Anglo American), the global mining giant. “With a change in strategy, and the strong partnership with Anglo American, we were able to increase production by an impressive 50 percent compared to 2019, strengthening our position as a leading global supplier of high-quality DR pellets,” concludes Group CEO of Foulath and Bahrain Steel, Dilip George. Despite economic difficulties over the past two years, digital talent has emerged relatively unscathed, eager to explore their options and pursue new opportunities. This has emerged as a key takeaway following a global survey of employees in digital roles conducted by Boston Consulting Group (BCG) and The Network, a global alliance of recruitment website. The report, titled ‘Decoding the Digital Talent Challenge,’ sheds light on the key factors behind people’s aspirations to move to new pastures, providing a comprehensive analysis of major international markets, including the MENA region. As per the survey, part of BCG’s Decoding Global Talent series, as many as 62 percent of MENA employees working in digital fields are actively job hunting, with better career opportunities in other roles (72 percent), looking for a new challenge (66 percent), feeling undervalued in current positions (40 percent), and searching for a company more aligned with personal beliefs (32 percent) being the main motivations behind people looking for a new role. On the subject of relocation, the number of digital field employees willing to move to another country for work stands at 83 percent. Canada is the most preferred destination where digital workers would like to relocate (16 percent), followed by the UAE (12 percent), and Germany (10 percent). The survey found that 66 percent of MENA talent are willing to work for remote employers with no physical presence in their country. Digital Talent Emerging Unscathed A RECORD PRODUCTION
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