Read The Times Australia

Daily Bulletin

We can’t let STEM skills become a casualty of COVID-19

  • Written by: Cathy Foley, Chief Scientist, CSIRO
The Conversation

Universities and other research organisations in Australia have been hit hard by the COVID-19 pandemic.

In May, a group led by Australia’s Chief Scientist Alan Finkel forecasted severe impacts for our research workforce. These included the loss of the equivalent of up to 21,000 full-time jobs in universities this year, including around 7,000 related to research.

Read more: Universities are cutting hundreds of jobs – they, and the government, can do better

These effects are now becoming very real. Universities and other research institutions are losing income as international students disappear. Several universities have announced they will cut jobs, and plenty more are expected.

Recovering these jobs won’t be quick or easy. There will be lasting impacts on our research sector.

At the same time, however, science and technology are essential to the recovery from this crisis, and to the long-term future of our economy.

In 2019 CSIRO released our Australian National Outlook report, which identified the key areas to drive innovation to secure our future prosperity. It said we need to reinvent our industries to make us more unique and more profitable, or risk falling into slow decline. Little did we know we would already be in recession in 2020.

Future economic growth will depend on the creation of future industries such as advanced manufacturing, hydrogen, space and quantum technologies. Science, including social sciences, will also underpin the delivery of many public sector services, including water management, land management and defence.

Invest now to prepare for the future

Expertise doesn’t grow overnight. Australia’s response to COVID-19 has been led by scientists we invested in decades ago. To face the challenges of the future, we need to invest today in the people who will be the leaders of tomorrow.

Both men and women will be the leaders of the future. Evidence suggests women in STEM, who are already underrepresented, are being hit hard by COVID-19 impacts.

Read more: Chief Scientist: women in STEM are still far short of workplace equity. COVID-19 risks undoing even these modest gains

Supporting these women is a key to future success: research shows increasing the number of women in leadership positions by just 10% boosts a company’s market value by 6.6%, or an average of A$105 million. Extrapolate that across entire industries and you are going to get some big numbers.

One way forward

The best response to this crisis will vary for different organisations. CSIRO’s approach is to continue working with universities and business to run programs that grow Australia’s future STEM workforce.

Each year, CSIRO recruits around 100 graduates from STEM higher degrees as postdoctoral fellows. In the past 24 months we have recruited 155 of these, of whom just over a third are women.

This year we are making as many positions available as possible, as quickly as we can. We are currently recruiting 50 postdoctoral positions and we plan to advertise another 20 later in the year.

The challenge

Without a thriving science and technology sector, Australia will not generate the innovation that spurs economic growth.

There are many other postgraduate students looking for placements and jobs, as well as the university staff and academics who will potentially be retrenched.

These are highly skilled people and we need them in our workforce. Our challenge is to support them to be taken up in other sectors by organisations looking to boost research and development, or help them create new businesses of their own.

Continued investment in R&D during economic downturn can give industries and businesses a competitive edge.

Research by McKinsey following the 2008 downturn found organisations were reluctant to cut R&D activities, seeing them as a competitive advantage for future growth. Organisations that gained the greatest benefit from R&D expanded their programs.

With all these skilled researchers coming into the market, there is an opportunity for industry to take them on and increase business investment in R&D, which has fallen in recent years and left Australia well below the OECD average.

Read more: Can government actually predict the jobs of the future?

Either way, instead of letting this amazing workforce disappear, we have an opportunity to help them find a different pathway to impact, one that may also help Australian businesses boost the sophistication of their products at the same time. Lemons to lemonade, as they say.

We need our scientists now more than ever to help us develop the high-value industries that will secure our future jobs and prosperity.

We can’t let our future STEM skills become a casualty of COVID-19, or we will pay for it in decades to come.

Authors: Cathy Foley, Chief Scientist, CSIRO

Read more https://theconversation.com/we-cant-let-stem-skills-become-a-casualty-of-covid-19-143752

Business News

The strategic rise of Bali as Australia’s next essential healthcare support hub

As Australian healthcare providers grapple with unprecedented operational bottlenecks, a new nearshore model is quietly transforming patient care delivery. Forward-thinking organisations,  including...

Daily Bulletin - avatar Daily Bulletin

Cost Savings and Benefits of Using Used Pallets in Logistics

In today’s competitive logistics and supply chain industry, businesses are constantly looking for ways to reduce operational costs without compromising efficiency and reliability. One of the most prac...

Daily Bulletin - avatar Daily Bulletin

How Fulfilment Services in Australia Help Businesses Scale Efficiently

The growth of e-commerce and modern retail has transformed customer expectations. Consumers now expect fast shipping, accurate order processing, and seamless delivery experiences regardless of where...

Daily Bulletin - avatar Daily Bulletin

Practical Ways Australian Workplaces Can Reduce Operating Costs

Reducing business costs doesn’t always mean cutting staff, shrinking services or making the workplace feel bare-bones. In many cases, the smarter savings are hiding in everyday operations: the light...

Daily Bulletin - avatar Daily Bulletin

Executive Recruitment Solutions That Help Organisations Secure Exceptional Leaders

Leadership has a direct impact on organisational performance, employee engagement, strategic growth, and long-term success. Businesses operating in increasingly competitive environments require experi...

Daily Bulletin - avatar Daily Bulletin

Why A WooCommerce Website Designer Matters For Online Growth

Running an online store today requires more than simply listing products and waiting for customers to arrive. Businesses need a website that is fast, reliable, easy to navigate, and designed to suppor...

Daily Bulletin - avatar Daily Bulletin

Turning Your Empty Tables into Revenue

The rise of AI demand tools in hospitality, the EatClub–CommBank partnership, and seven trends reshaping Australian dining  A growing number of Australian venues are turning to AI-powered demand ma...

Daily Bulletin - avatar Daily Bulletin

High-Impact Dental Marketing Strategies That Are Driving Real Practice Growth Today

The landscape of dental practice growth in Australia has shifted dramatically over recent years. Standard, broad-spectrum advertising campaigns no longer yield the return on investment they once did. ...

Daily Bulletin - avatar Daily Bulletin

How Telematics Helps Australian Companies Improve Productivity

Operating a commercial fleet in Australia is a uniquely demanding endeavour. Between the sprawling urban sprawl of cities like Sydney and Melbourne and the immense, unforgiving stretches of the Outb...

Daily Bulletin - avatar Daily Bulletin

The Daily Magazine

Lighting Shop in Perth: How The Right Lighting Can Transform Your Home And Business

The right lighting can completely change the look, feel, and functionality of any space. Whether it ...

Traffic Light System Solutions For Safer And More Efficient Traffic Management

Modern cities and growing communities rely heavily on effective traffic management to ensure safety...

Gold Migration Lawyers in Liquidation: How the Closure Affects Your ART Appeal

If your appeal was with Gold Migration Lawyers, a recent change to how the Tribunal decides cases ...

The pressure cooker: life in urban Australia in 2026

Australian cities have always been demanding. Long commutes, rising housing costs, busy schedules a...

What Actually Makes a Good Criminal Lawyer in Melbourne

Most people only think about this question once. That is usually too late. Most people charged wi...

Why Working With A Chatswood Tutor Can Improve Academic Performance

Academic expectations continue increasing for students across primary school, high school, and senio...

Is It Worth Getting Solar Panels in Melbourne?

The real question is not whether solar works in Melbourne. It works. The question is what it is co...

How A Diploma Of Project Management Builds Practical Skills For Modern Work Environments

Developing the ability to plan, execute, and deliver outcomes efficiently is a key requirement in to...

How to Choose the Right Football for Every Level

Choosing a football may seem straightforward, but the right option depends on who will be using it a...