In an era of rapid technological advancement and global transformation, there is a pressing need for a skilled workforce capable of navigating the new economy. However, this is not the reality today, with 75% of employers globally reported challenges in filling roles in 2024. If left unaddressed, this talent shortage could lead to an estimated $8.5 trillion in unrealized annual revenues by 2030. Mismatched educational systems, digitalization, and fierce international competition for skilled workers fuel this employment gap. Programs that focus on the development of specialized skills are critical. This session will highlight initiatives like the National Experts Program (NEP), which are designed to address these challenges. It will also explore how governments can foster collaboration between experts and policymakers to drive innovation and inclusivity. Additionally, mentorship will be discussed as an essential element of talent development, with experienced professionals playing a key role in guiding the next generation of leaders. By bringing together thought leaders and practitioners, this session will delve into how effective partnerships between talent, government, and industry can pave the way for sustainable growth and resilience in the new economy.