• | |

Skills that translate into a clear return on investment for the trainee, the employer, the government that often subsidizes such skill acquisition programs, and the society are becoming increasingly important in a society that requires rapid acquisition of new methods of applying the same skills. For example, an engineer trained in automobile engineering need not upgrade his/her knowledge of how the transmission works but may be required to unlearn the internal combustion engine mechanics as electric and hybrid vehicles enter the mainstream. Therefore, laying a strong foundation of basic knowledge and skills in TVET and developing a mechanism for upgrading the same with contemporary and locally-relevant skills is increasingly important. Countries have aimed to learn from the German TVET system. How relevant are these lessons? Are there new and surprising lessons developing in Germany which are shaping the policy, funding, delivery and emphasis of TVET programs? How can such lessons be pre-empted and localized solutions developed to avoid a rubber-necking of an untrained or undertrained human resource pool?

This segment will seek answers to such problems and also examine how a competency-based approach to curriculum development, training and assessment may play a role in the future of TVET.


  • Developing countries have a relatively large percent of skilled yet unemployed people as a result of declining employment in the public and private sector. Additionally, Developing Countries have a large, cheap and unskilled labour force as a result of lack of education and training. The TVET sector is expected to play two crucial roles in the national sustainable development: to provide training opportunities/career advancement avenues for school leavers and to provide skilled manpower that is needed at all levels of the economy. Yet, TVET continues to be left on the periphery and its significance has not been embraced. Much of the government policy-making in the area of TVET continues to be largely based more on intuition and folklore than on rigorous and reliable, research-based evidence.

  • TVET demand can never be met by brick and mortar institutions. With technology included, efficiencies and access is possible. How does the teacher’s role change in hybrid and technology driven models?

  • The TVET curriculum and pedagogy is largely outdated and the physical infrastructure inadequate. Also, TVET institutions are unresponsive to the demands of the labour market/industry. How do TVET institutions collaborate with industry to ensure skills and content are relevant with industry needs?

Moderator - Norman LaRocque


Norman LaRocque

Principal Education Specialist
Southeast Asia Department of the Asian Development Bank (ADB)


Brief Bio:

Norman LaRocque is a Principal Education Specialist in the Southeast Asia Department of the Asian Development Bank (ADB), based in Manila, the Philippines. His work involves designing and implementing projects in ADB developing member countries and undertaking research on education issues. Current projects include preparation of a proposed $300 million secondary education program in the Philippines, preparation of $40 million higher education project in Lao PDR and administration of a $213 million higher education project in Viet Nam. His research focuses on the regulation of education, higher education financing, public-private partnerships and student finance.

Before joining ADB, Norman was an independent consultant, based in New Zealand. He has worked in more than 25 countries and has consulted for several organizations, including the World Bank and the International Finance Corporation. Prior to that, Norman worked with the New Zealand Business Roundtable, the New Zealand Treasury and the New Zealand Ministry of Education. He has several publications, including Non-state Providers and Public-private Partnerships in Education for the Poor (2011), The Evolving Regulatory Context for Private Education in Emerging Economies (2009) and Public-private Partnerships in Basic Education: An International Review (2008).

Norman is a Canadian and New Zealand citizen and has an MA and a BA (Honors) in Economics from the University of Western Ontario in London, Canada.

Panelist - Candice Olson


Candice Olson

co-CEO & Founder
The Fullbridge Program


Brief Bio:

Candice is co-CEO/Founder of The Fullbridge Program, a leading company addressing the global college to work skills gap. Through an immersive skills program and interaction with great companies and organization, Fullbridge enables college students and graduates worldwide to land and succeed in their dream jobs. Prior to Fullbridge, Candice was co-founder/ CEO of iVillage.com and was one of the first women in the U. S. to lead what became a highly successful IPO. She won an Emmy and Matrix and ran business development initiatives at American Express, Time Warner, and Comcast. Candice holds degrees from Stanford, Columbia Teachers College, Union Theological Seminary and Harvard Business School.

Panelist - Fred Ayala


Fred Ayala

LiveIt Investments, Ltd. and LiveIt Global Services Management Institute
Managing Director
Management Committee Member, Ayala Corp.
Chairman Emeritus
IT and Business Processing Association of the Philippines (IBPAP)


Brief Bio:

Fred is CEO of LiveIt Investments, Ayala Corporation's Business Process Outsourcing investment arm, and LGSMI, its Education investment arm. He is also Chairman Emeritus of the IT-Business Processing Association of the Philippines, the industry’s umbrella organization. He is also Chairman of Integreon, Vice Chairman of Stream, and a director of Affinity Express and IQBackOffice, as well as Managing Director and Member of the Management Committee of Ayala Corp.

LiveIt invests in innovative BPO companies that can leverage the Philippines and have the potential to become a Global Top 5 leader in their sectors. It has invested over $200 million in the Voice (Stream), Knowledge (Integreon), Ad/Marketing Production (Affinity Express) and F&A/HR (IQBackOffice) sectors. Its investees have combined revenues of over $1 billion and total employees of over 40,000. Fred was formerly CEO of eTelecare, a pioneer of the Philippine call center industry, and Chairman of SPI, one of the country’s first non-voice BPO companies.

LiveIt also invests in the private education sector, in both the K-12 and Higher Education sector. It is focused on delivering high quality, affordable education that can significantly enhance the employability of middle and lower income students on a scale basis.

He holds an MBA from Harvard and a BA in Development Studies (Honors) and Economics from Brown, and prior to that attended the Ateneo de Manila.

Panelist - Jorg Drager


Jorg Drager

Member of the Executive Board
Bertelsmann Stiftung


Brief Bio:

Born in 1968, Jorg Drager studied physics and business administration at the University of Hamburg before transferring to Cornell University in New York State, where he received his M.Sc. and Ph.D. in theoretical physics. During his time in Cornell (1991-1996), he served as an academic assistant while completing his studies and doctoral thesis.

He began his professional career 1996 at the management consulting firm Roland Berger in Frankfurt/Main. In 1998, he returned to Hamburg to become executive director of the newly founded Northern Institute of Technology, a private institute of higher education that focuses on international MBA programs. From 2001 to 2008, he served as Hamburg's (politically independent) minister of science and research and was a member of Germany's Permanent Conference of Educational Ministers as well as deputy representative to the Bundesrat, the federal body that represents the German states at the national level. From 2004 to 2006, he also held the office of minister of health and consumer protection in Hamburg.

Since July 1, 2008, he has been a member of the Bertelsmann Stiftung Executive Board where he is responsible for the program areas of education, integration and democracy. He also serves as Executive Director of the CHE Centre for Higher Education. In January 2012, Drager has also been appointed Adjunct Professor for Public Management at the Hertie School of Governance in Berlin.

Panelist - Laurence Smith


Laurence Smith

Managing Director HR
Group Head of Learning and Talent Development for DBS Bank.


Brief Bio:

Laurence Smith is currently the Managing Director HR and Group Head of Learning and Talent Development for DBS Bank.

Before this he was a Consulting Partner of the RBL Group. He was most recently one of the very few foreigners to ever hold an Executive HR Leadership position in a major Korean conglomerate, & be specifically charged by the CEO with a transformational agenda.

As the Global Head of Learning & Development for LG Electronics in Seoul, he was part of the senior HR Leadership team driving the global HR Transformation. As part of this strategy, he developed a new Global Leadership Frame- work, drove cross-boundary collaboration & innovation with new Social Media approaches & completely re-structured the learning organisation to support the CEO's vision of transformation & globalization.

Previously he was Head of Learning & Development for GE Money Asia in Tokyo, with responsibility for GE's most senior leadership development programs in Asia. Prior roles were as Head of one of Accenture's Business Process Outsourcing businesses in Asia, & with the Organisation Design Practice of McKinsey in Boston.

He holds an MSc in Organisational Learning from the US and a BA Hons. in Organisation Studies from the UK. He has spent 13 of his 22 year Human Resources career, based in Asia.

Panelist - Vishal Maheshwari


Vishal Maheshwari

Universal Training Solutions.


Brief Bio:

22+ years of Business experience in the FMCG, Telecom & Internet sectors.

Worked on strategic and operational roles across Sales, Brand, and Product Management, Business Development and P&L responsibilities.

Have been a key participant in the evolution of telecom and consumer internet businesses in India and SE Asia with operational and strategic roles with telecom operators and consumer internet companies.

Ran the Yahoo India business as Senior Director in charge of Sales and Business Development across Yahoo India covering the web and mobile from 2005 till 2013.

Currently CEO of Universal Training Solutions which is a unique business model in the Distance Education Space in India. The company, a Kaizen PE funded venture, is focused on the regulated education space. UTS works with Universities & Institutions to help them deliver their Distance Education supported by Multimedia, allowing students the ability to access academia anytime, anywhere via the power of Information Communication Technologies (ICT).

Active Angel Investor, Mentor and Advisor to start ups in the Consumer internet space.


Knowledge Partners



About Kaizen

We are a private equity firm focused on investing with a distinct focus on companies and entrepreneurs who have the potential to lead their domains. Our purpose is operations driven transformative growth, which defines whom we partner with and how we operate.


As one of the world’s leading and largest graduate business schools, INSEAD brings together people, cultures and ideas to change lives and to transform organizations. These core values have enabled INSEAD to truly become "The Business School for the World."

We're Starting In

Our next event in
Time passed:


INSEAD – Asia Campus
1 Ayer Rajah Avenue
138676 Singapore
Tel: +65 6799 5388
Fax: +65 6799 5399


Kaizen Private Equity
202 Suraj Prakash,
86 Shankar Ghanekar Marg,
Mumbai 400025, India
Tel: +91 22 67675757
Fax: +91 22 67675758
Email: kies2014@kaizenpe.com
Complete Web & IT Solutions by NWDCo