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The India
Employability Index
   Conceptual Walkthrough
‘employability’ is a BIG, untapped idea
Big picture: Unexplored, Not measured, Not yet discussed

                                                                   Currently Analyzed, Discusse


                                        Institutions
                                           Ranking



                                                                        Salaries, Growth



            People                                        Hiring
                                                                     Jobs
                                                                          Employers (Ranking)


                                          Labour Policy


                                        Government
        The India Employability Index                                     5/8/2012         2
strategic positioning of the index
                                     High




                                            extending the envelope




                                Knowledge
                                            by leveraging knowledge




                                             Existing marketspace contours

                                                                                         High
                                                                             Delivery




       High

The India Employability Index                                                 5/8/2012    3
defining employability



Employability refers to the capacity and willingness of
workers to remain attractive for the labour market
(supply factors), by reacting to and anticipating changes
in tasks and work environment (demand
factors), facilitated by the human resource development
instruments available to them (institutions)

                                 -- an ILO definition we adopt for
India


 The India Employability Index                             5/8/2012   4
index framework
                                             Composite
                                            Employability
                                               Index



                                             Dimension
                                                 s

                             Supply                               Demand
                            Index of                              Index of
                           Employabilit                          Employabilit
                               y              Arithmetic /           y
                                            Geometric Mean



Employability Assets                                                             Current Workforce
  Presentation                                                                      Employability
                                  Profile, Analyze Dimensions
   Deployment                                                                   Need for Employability
                                  Aggregate, synthesize, arrive at Index

                    Context Factors                          Effectuation Conditions

  The India Employability Index                                                      5/8/2012     5
employability assets


                              High level           Transactional & Relationship skills
                      skills that contribute to
                                                   Team work, managerial / leadership skills
                    organizational performance


                          Intermediate
                                                   Knowledge & Communication-related
                           job specific,
                       generic and key skills      Planning, organizing and executing tasks



                             Baseline              Behavior & Thought-related
                         basic skills and          Traits such as Reliability & Honesty
                   essential personal attributes


          SKILLS

The India Employability Index                                              5/8/2012       6
presentation

                                  verifiability



            assessability                            demonstrability




                                                  appointment to
                                                  appropriate position




The India Employability Index                                       5/8/2012   7
deployment




                                 Seek & Capture

            SWOT                                  OPPORTUNITIES




              HIRED              TRAINED            PROMOTED

The India Employability Index                                 5/8/2012   8
current workforce employability
                      geographic           Mobility           between jobs

    Willingness

    Capacity
                                  Automobile
                                                                        IT




                                                       Communications


                                                                                    Up-skill
                                                      Agriculture


                            BFSI                                                  Training
    scale


                                                                                   Multi-skill
Functional
Flexibility            scope

  The India Employability Index                                              5/8/2012       9
need for employability

      Innovation                                         Markets
  Advancements                                           Competition
  Obsolescence                                           Resources

                           Technological    Economic




                          Organizational   Demographic

         Growth                                          Diversity
    Opportunities                                        Qualification
         Culture                                         Age


The India Employability Index                                 5/8/2012   10
external factors
                                                                        general labour market situation,
                local labour market demand and                          possibilities for career counselling,
                              employer attitudes                        provision of training courses




                                                                                                                Opportunities
Opportunities




                                                                                                    Demand
                 Supply




                                   Context                            Effectuation
                                   factors                             conditions

                    personal circumstances                              willingness and preferences of
                                                                        individual employees




                          The India Employability Index                                 5/8/2012      11
partnership opportunities
                                 client association
                            data & insights syndication
                                       media




The India Employability Index                             5/8/2012   12
The India Employability Index: Conceptual Walkthrough 20120508

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The India Employability Index: Conceptual Walkthrough 20120508

  • 1. The India Employability Index Conceptual Walkthrough
  • 2. ‘employability’ is a BIG, untapped idea Big picture: Unexplored, Not measured, Not yet discussed Currently Analyzed, Discusse Institutions Ranking Salaries, Growth People Hiring Jobs Employers (Ranking) Labour Policy Government The India Employability Index 5/8/2012 2
  • 3. strategic positioning of the index High extending the envelope Knowledge by leveraging knowledge Existing marketspace contours High Delivery High The India Employability Index 5/8/2012 3
  • 4. defining employability Employability refers to the capacity and willingness of workers to remain attractive for the labour market (supply factors), by reacting to and anticipating changes in tasks and work environment (demand factors), facilitated by the human resource development instruments available to them (institutions) -- an ILO definition we adopt for India The India Employability Index 5/8/2012 4
  • 5. index framework Composite Employability Index Dimension s Supply Demand Index of Index of Employabilit Employabilit y Arithmetic / y Geometric Mean Employability Assets Current Workforce Presentation Employability Profile, Analyze Dimensions Deployment Need for Employability Aggregate, synthesize, arrive at Index Context Factors Effectuation Conditions The India Employability Index 5/8/2012 5
  • 6. employability assets High level Transactional & Relationship skills skills that contribute to Team work, managerial / leadership skills organizational performance Intermediate Knowledge & Communication-related job specific, generic and key skills Planning, organizing and executing tasks Baseline Behavior & Thought-related basic skills and Traits such as Reliability & Honesty essential personal attributes SKILLS The India Employability Index 5/8/2012 6
  • 7. presentation verifiability assessability demonstrability appointment to appropriate position The India Employability Index 5/8/2012 7
  • 8. deployment Seek & Capture SWOT OPPORTUNITIES HIRED TRAINED PROMOTED The India Employability Index 5/8/2012 8
  • 9. current workforce employability geographic Mobility between jobs Willingness Capacity Automobile IT Communications Up-skill Agriculture BFSI Training scale Multi-skill Functional Flexibility scope The India Employability Index 5/8/2012 9
  • 10. need for employability Innovation Markets Advancements Competition Obsolescence Resources Technological Economic Organizational Demographic Growth Diversity Opportunities Qualification Culture Age The India Employability Index 5/8/2012 10
  • 11. external factors general labour market situation, local labour market demand and possibilities for career counselling, employer attitudes provision of training courses Opportunities Opportunities Demand Supply Context Effectuation factors conditions personal circumstances willingness and preferences of individual employees The India Employability Index 5/8/2012 11
  • 12. partnership opportunities client association data & insights syndication media The India Employability Index 5/8/2012 12