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09 May 2023 Articles

BENEFITS OF EDUCATION FOR BUSINESS AND INDUSTRY

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Education, business, and industry are interrelated and have a strong influence. This is because education will produce competent seeds that can improve quality in the world of work later and have an impact on the industry. In line with the practice of the Ministry of Education and Culture of the Republic of Indonesia which conducts link and match so that later graduates can directly contribute to the world of business or industry.


Based on what was done by the Ministry of Education and Culture, it can be said that education has many benefits for business and industry. Among other things, the first is to produce a skilled and qualified workforce. Education in any space will provide the skills and knowledge needed regarding how to contribute to a business or industry. With the right education, graduates will quickly pursue the desired career and make a significant contribution to the organization where they work later.


Then secondly, encouraging innovation and technological development. Thanks to a deeper understanding and better coverage of theory or practice in their field, education will generate creativity and innovation. Then education will also help introduce new technologies and enhance the development of existing technologies.


Third, increase productivity. Education plays an important role in increasing productivity, because an educated workforce tends to be more efficient and can increase output. Along with increased productivity, companies can improve competitiveness and profits.


Fourth, improve the quality of products and services. By having a skilled and competent workforce, businesses or industries can improve the quality of the products and services provided. This can help improve the company's reputation and increase customer trust.


Fifth, increase economic growth. Education can play an important role in economic growth, as an educated workforce tends to be more productive and able to introduce new innovations into the marketplace. This is of course very helpful in increasing economic competitiveness and encouraging sustainable economic growth.


As for the latter, reducing the unemployment rate. It is clear that education can help reduce unemployment by increasing the skills and qualifications of the workforce. This helps create new jobs and improves people's welfare.


Thus, education plays an important role in building and strengthening the relationship between business, industry and education. Understanding and pursuing education in reaching the progress of business and industry, of course, can help increase the prosperity and welfare of society as a whole.

 

REFERENCE
tempo.co. 2020. Benefits of Education for the World of Business and Industry
Ministry of Education, Culture, Research and Technology of the Republic of Indonesia

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