Graduation Ceremony 2 Graduand’s Address Tuesday 20 November 2012 at 1630hrs JESUITS’ CHURCH – VALLETTA Mark Micallef Ph.D. graduand and representative of the students It is an honour for me to be asked to deliver a speech on the occasion of this graduation. Every graduate here today has strived and worked hard to achieve a high level of education which I am convinced will be of immense value to our country. This is indeed an interesting time to be involved in both higher education and research activities, regardless of the specific field. The world economy is now subject to so-called disruptive innovations. These are new products, services and ideas which revolutionise the market and change it forever. Only a few years ago for example, international communication cost a small fortune. Today with the internet and related technologies, one can communicate internationally on high quality video links for close to zero cost. This has not only improved communication in personal relationships but also revolutionised the way we do business, amplifying international commerce and collaboration. Similarly, if one were to pose the question as to where the future of ICT was heading back in 2007, very few people who have predicted the way that smart phone technology would revolutionise the ICT industry. The smart phone has single handedly led to new models for creating and selling software, new channels of communication between businesses and customers and an ever-more pervasive technology base. However, such innovations can be a threat to companies which are slow to adapt. I am reminded of Nokia, a Scandinavian firm which only a few years ago was the main player in global mobile telephony. Since the introduction of smart phone technology however, the company has seen its market share drop drastically, causing it to shed thousands of jobs. Its CEO recently admitted that the company was too slow to react to the changing market. This and countless other examples highlight the need for companies, regardless of their size, to be flexible, adaptable and continuously work to stay ahead of the competition. For this to happen, a new type of workforce is required. In fact, the western world is now well on its way towards a transition to what is known as a knowledge economy. That is to say, an economy in which the most valuable assets to companies are not their buildings, their machines or even their bank accounts. On the contrary, the most valuable asset is the knowledge held by employees who are tasked with making the company a success. These employees are known as knowledge workers: people whose primary role it is to create, communicate and apply knowledge to solve problems for their employers. Examples include employees in financial services, ICT, law, engineering, and so on. Knowledge workers tend to earn higher pay and also achieve a greater sense of satisfaction. Innovation is the order of the day and the University of Malta has a key role to play in this new economy. In the case of ICT for example, I am thrilled to see initiatives such as the eSkills Alliance, a joint effort by industry and academia aimed at improving collaboration between the two. We have already seen initiatives whereby the industry was given a stronger say in the types of graduates produced by the University. This led to a set of new ICT courses designed to produce graduates primed for the industry’s needs. Whilst this is a positive development, the University should not be seen as merely a factory that produces graduates for current roles in the industry. In fact, the concept of a one-career-for-life is slowly starting to dissipate. It is not unlikely that a graduate who started out in one field may end up working in a completely different one, or at the very least find herself needing to apply her primary knowledge to a new field altogether. Hence, one must resist the temptation to simply produce graduates who are armed only with knowledge for today’s industrial context. It is more important to instill transferable skills, which can be applied to new scenarios that are guaranteed to transpire throughout one’s career. In this context, the most valuable graduate is not necessarily the one who is familiar the latest technologies but one who is able to analyse a problem, carry out relevant research, objectively weigh the pros and cons of potential solutions and convincingly argue for the best one to be implemented. Arm a graduate with analytical skills and concepts reinforced with enough field-specific matter to enable them to function in a specific field, and that graduate will have the flexibility to adapt to whatever career she pursues in future. Having spent most of my professional life working in the industry, only recently returning to full time academic work, the subject of industrial collaboration on research is dear to me. Far from simply being a factory producing students, the University of Malta is geared up to be a factory of ideas. I believe that more can be done to leverage this aspect of the University’s work in the industry. I am reminded of a quote by Henry Ford, inventor of the automobile who once said: “If I had asked the people what they want, they would have asked for a faster horse” I think that in the context of today’s innovation-focused economy, the message behind that statement has never rung truer. The University of Malta is not only there to support the industry for what it needs today but also to challenge the status quo and develop new ways of doing things. This should be done in the spirit of enabling long-term sustainability, continuously improving competitiveness and contributing to the evolution of the industry in an era where change is the only constant. It is only through ongoing improvements and experimentation with new ideas that an economy can evolve gracefully instead of aging and withering away. One poses the question as to what can be done in this regard. I see three stakeholders in this scenario: (1) the industry, (2) the University of Malta, and (3) the individual academic. At an organisational level, Industry stakeholders and the University of Malta should strive to form stronger bonds for collaboration. This can come in the form of enabling more frequent discussion about problems which the industry is facing as well as providing researchers with the opportunity to try new ideas in industry settings. This is not only valuable to researchers, but also to the industry players themselves. With regards to individual academics, I believe it is important to regularly touch base with the industry, experience their problems first hand and then relate research, no matter how seemingly esoteric, to particular problems which it might contribute to solving. That is not to say that one should only seek short-term solutions or quick wins. Experience shows that ideas which seemed implausible a few decades ago, eventually influenced the industry in a revolutionary manner. Some of the techniques which are currently influencing ICT research were developed in the 1970s but only now have become feasible for use. Despite this, if one is to attract interest and collaboration from the industry, a pragmatic compromise between long term and short term research goals needs to be achieved. Finally, I believe the University should actively work to break down barriers between different fields of research so that researchers in different fields can freely collaborate and learn from each other. Rather than locking ourselves away in silos, today, the most successful innovations tend to be those which combine ideas from multiple disciplines to produce solutions for modern day problems. In my work in ICT, I have witnessed interesting lessons being learned and adapted from fields as diverse as economics, knowledge management, pedagogy, psychology and biology. In the case of biology for example, the study of how the human body fights an unknown disease has led to interesting work in the development of ICT systems which fight off malicious attacks in a similar manner. If the University manages to break down boundaries between departments, faculties and fields, encouraging cross-fertilisation of ideas, exciting innovations are sure to follow. I would like to conclude by congratulating my fellow graduates on their achievements. You have a lot to be proud of and I wish you every success in whatever path you choose to pursue. I would also like to take this opportunity to on behalf of all graduates, collectively thank our friends and families for picking up the slack and supporting us during this journey, our colleagues for being a sounding board for problems and ideas, and finally the University of Malta for the opportunities of further study, an increasingly motivating environment, and the support provided by its dedicated staff. Finally, on a personal note, I would like to thank my wife Christine for her never-ending patience and support, and my parents and sisters for their infinite words of encouragement. Without you, this would never have been possible. Thank you.