HSBC Future Skills Development Project

About Us

Creating a Future

The pace of change in the world is accelerating, particularly in the world of work. This is especially so in relation to the amazing innovations in science and technology that have resulted in the increasing domination of robotics and artificial intelligence, as well as computerisation and digital processes. At the same time, so-called generic skills, particularly communication and analytical thinking, will need to be adaptable and ready for change. These trends have been pointed out by many sources, including the World Economic Forum as absolutely critical for young people to retain their competitiveness in a globalised economy.  The Hong Kong Federation of Youth Groups is well aware that it, along with other sectors, needs to play a responsible role in ensuring that young people keep up to date, while also supporting their access to the new opportunities that are and will be available to them.  Therefore, the Federation, together with HSBC, now initiates the HSBC Future Skills Development Project.

The rationale of this Project is to provide education and training to re-skill young people, giving them the tools necessary for them to be creative, innovative and original. These skills, which involve both theoretical and practical aspects of knowledge, also include financial literacy, enhanced communication and sound analytical interpretations. The Federation believes that these competencies need to begin as early as possible to make sure that young people grow up with the ability to adapt and change, becoming flexible in their approach to challenges, while also developing lifelong learning skills. This expectation of constant change is a challenge, but one that can be dealt if introduced early and with relevance. The HSBC Future Skills Development Project serves as the first step on what will become a lifelong journey of exploration and enhancement that augments skills for future employability.

Three-pillar model for enhancing young people's employability

Financial Capability Cultivating concepts of financial planning Enhancing financial management skills and knowledge

Future Skills for Employment Enhancing team dynamics, intercultural communication skills and critical thinking Building extensive network

Innovation and Technology Developing occupational skills-sets to cope with the challenges of automation Nurturing competencies of problem solving, digital competencies and creative thinking