In an effort to address skill-gap that exists in the Indian corporate world and to meet the demands appropriately, an HR summit was held recently in Mumbai
It’s a known fact that there is a huge skill gap that exists in terms of the demand-supply market in India, which is not being met to its full potential. According to many experts, India has the talent potential to meet the skill gap; only with the right training and people management approach can this topic be solved effectively.
TalentPro, in collaboration with TISS and Beanstalk organised ‘Metamorphosis’, an HR summit based on the theme of, ‘bridging the gap between industry and academia’, at the TISS Convention Center in Mumbai recently.
“Connecting the industry and academia and creating a balance between the two is what we are aiming for. This summit provided us with the right platform to pursue this endeavour. We are sure that this gathering will give each stakeholder insights to pursue the objective more effectively,” said Kalpana Bansal, President, TalentPro.
Metamorphosis was an effort to focus on the urgent need to bridge the gap between academia and industry, take up the responsibility in accentuating skills of an individual before entering the fast paced corporate sector and create right job opportunities as per the skill sets available. Addressing the above issue will help the HR and training providers by equipping the individual to suffice and grow in the industry.
“The Indian economy is growing at the rate of around 8 per cent year after year; new jobs and roles are getting created with increasing complexities, which require specific skill sets. The existing educational system is orthodox in its approach and is unable to churn out suitable candidates to cater to this demand for the industry,” added Bansal. The three parties, which need to play a critical role in addressing this skill-gap are Indian universities, training providers and HR solution providers. The summit covered various topics like outsourcing and trends in outsourcing, people’s challenges and start up and scaling enterprises. Talking about the outsourcing scenario currently in the Indian market, Seema Nambiar, HR- Head, Mc Donalds said, “The HR outsourcing sector is very much in the toddler stages in India. People and companies are still not aware about the potential this sector has to improve HR functions and bridging of the skill gap. We need more summits like this one to promote these topics, which are practical and should be applied to Indian HR practices immediately.”
Learnings from the seminar:
1) HR outsourcing in India is an under-devoloped sector and needs to be tapped.
2) Bridging the gap between in-school education and on-job requirement is the need of the hour.
3) The different skill-set required for new job opportunities available in India, needs special attention.
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