In today’s fast-paced race toward digitalization, the competition is not only fierce for organizations but also for the skilled individuals steering this transformative journey. The global digital economy, a behemoth set to reach $23 trillion by 2025, presents a substantial opportunity for global youth and, as far as we are concerned, for those within the rich talent pool of Pakistan.
To tap into this bonanza of global opportunities, it is imperative for the youth to master digital skills to an international standard. However, despite Pakistan holding a spot amongst the top five nations with the largest freelancer community, offering diverse digital services to clients worldwide, a significant gap exists between the potential of local talent and the opportunities accessible to them, if only they acquire the required skills to avail these opportunities.
In
the dynamic race towards digitalization, the global stage is set for an
economic transformation worth a staggering $23 trillion by 2025. Amidst this
monumental shift, Pakistan, with its robust talent pool, is poised to seize
these global opportunities. However, a stark disparity exists between the
potential of local talent and the skills required to navigate the digital
landscape.
Despite boasting one of the world's largest freelancer
communities, contributing diverse digital services globally, Pakistan struggles to secure a significant position in the global IT services exports ranking. With local IT exports hitting US$2.1 billion in 2023, the nation falls short on the global scale, highlighting a critical skills gap.
The challenge intensifies with the alarming brain drain trend,
witnessing over 860,000 talented individuals leaving Pakistan, marking the highest exodus since 2015. The dreams of a golden future abroad often lead to disappointment, leaving many struggling in precarious financial circumstances
or returning home with dashed dreams.
But here's the exciting turn – the solution lies in breaking
down barriers to skills development within Pakistan. The key is empowering the youth to harness their potential, upgrade their skills, and compete globally while remaining in their homeland.
In this pursuit, initiatives like Skills360 emerge as
transformative catalysts. Skills360 is an ecosystem designed to equip Pakistan's youth with globally competitive skills, eliminating the need for emigration. This platform offers state-of-the-art facilities, a curriculum tailored to the demands of the digital age, and guidance from industry-leading professionals. It aims to nurture talent that not only enters the global market but excels on this prestigious stage.
Burhan Mirza, a life coach, entrepreneur, and angel investor,
emphasizes the crucial role of initiatives like Skills360 in steering Pakistan towards its digital destiny. Mirza advocates for proper guidance and mentoring to empower the youth, enabling them not just to participate in the global digital landscape but to lead and thrive in it.
The silver lining for Pakistan's youth is clear – the time for
change is now. As the nation embraces initiatives that foster skill development and mentorship, it paves the way for the youth to unleash their potential, marking a monumental shift in Pakistan's role on the global digital stage.
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