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Even while we are talking about the increasing number of job opportunities emerging across sectors, India Inc is reeling under the pressure of severe shortage of quality talent in the job market. Here’s a look at why employability today is a far bigger challenge than unemployment.
Some of management Institutes of India is just provide management education and not give the practical knowledge. But now every organisation seeks highly-skilled and industry-ready employees who could be on the job from day one. However, many a times, this search ends up futile for want of quality talent and firms end up spending considerable time and money to impart job relevant training to their employees, once they come on the company pay rolls.
Which are the key skills that employees lack? “Besides the functional skills, many lack soft skills like communication in English, personality development, customer service and basic computer skills, etc,” says Ashish Prasad, director & CEO, Indian Institute of Job Training. According to experts education system in the country is largely at fault for this skill-gap. However bringing in drastic changes in the education system might not be a quick solution. Thus many firms have taken up the responsibility to bridge this skill-gap through several initiatives. Many firms have implemented several training programmes to improve the quality of the available talent. Today there are various training programmes both within and outside firms, conducted independently by organisations or in partnership with various universities to make people readily employable. “To enhance the employability of the workforce, an organisation’s leadership must incorporate the people agenda as a main component of its strategy. The people strategy must be communicated to each and every employee and then, must be implemented as designed,” suggests Dhananjay Bansod, chief people officer, Deloitte in India.
Experts also suggest that such management education program must be designed in such a way as to motivate and improve the skills of a person. It should be work centric and must be developed according to the needs of the work and the workplace. Many firms are also investing heavily on industry–academia partnerships and in-house training programmes to improve the skill-sets of employees. “The alignment between the training programmes with the competencies needs to be successful. The competencies set must be relevant not only today, but also in the future,” suggests Bansod. “What is needed to address this issue is cutting-edge, industry relevant job skills training with strong leverage of modern technology,” feels Prasad.
Experts say that employees must strive hard to enhance their employability. Enhancing the technical and soft skills is the apt way to become job relevant. Today information is available on plenty what is required is the right mindset and motivation to use the information to develop skills. “A sharp analysis of the organisation’s internal and external environment will help one to diagnose the skills required to manage and contribute in that environment. Practicing those skills till they become a part and parcel of one’s personality, is a must,” adds Bansod.
The current economy is looking for more number of skilled people who could be on-the-job and execute it well. Employers are looking for skills like ability to work in a team, good communication skills, spirit of innovation, sense of responsibility, creativity etc. All these skills could be developed by training and practice. Ensuring that one has all these relevant skills to excel in a job is the way forward.
Some of management Institutes of India is just provide management education and not give the practical knowledge. But now every organisation seeks highly-skilled and industry-ready employees who could be on the job from day one. However, many a times, this search ends up futile for want of quality talent and firms end up spending considerable time and money to impart job relevant training to their employees, once they come on the company pay rolls.
Which are the key skills that employees lack? “Besides the functional skills, many lack soft skills like communication in English, personality development, customer service and basic computer skills, etc,” says Ashish Prasad, director & CEO, Indian Institute of Job Training. According to experts education system in the country is largely at fault for this skill-gap. However bringing in drastic changes in the education system might not be a quick solution. Thus many firms have taken up the responsibility to bridge this skill-gap through several initiatives. Many firms have implemented several training programmes to improve the quality of the available talent. Today there are various training programmes both within and outside firms, conducted independently by organisations or in partnership with various universities to make people readily employable. “To enhance the employability of the workforce, an organisation’s leadership must incorporate the people agenda as a main component of its strategy. The people strategy must be communicated to each and every employee and then, must be implemented as designed,” suggests Dhananjay Bansod, chief people officer, Deloitte in India.
Experts also suggest that such management education program must be designed in such a way as to motivate and improve the skills of a person. It should be work centric and must be developed according to the needs of the work and the workplace. Many firms are also investing heavily on industry–academia partnerships and in-house training programmes to improve the skill-sets of employees. “The alignment between the training programmes with the competencies needs to be successful. The competencies set must be relevant not only today, but also in the future,” suggests Bansod. “What is needed to address this issue is cutting-edge, industry relevant job skills training with strong leverage of modern technology,” feels Prasad.
Experts say that employees must strive hard to enhance their employability. Enhancing the technical and soft skills is the apt way to become job relevant. Today information is available on plenty what is required is the right mindset and motivation to use the information to develop skills. “A sharp analysis of the organisation’s internal and external environment will help one to diagnose the skills required to manage and contribute in that environment. Practicing those skills till they become a part and parcel of one’s personality, is a must,” adds Bansod.
The current economy is looking for more number of skilled people who could be on-the-job and execute it well. Employers are looking for skills like ability to work in a team, good communication skills, spirit of innovation, sense of responsibility, creativity etc. All these skills could be developed by training and practice. Ensuring that one has all these relevant skills to excel in a job is the way forward.
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