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Enhancing Employability - Academia to Industry Integration
India and Emerging trend ,[object Object]
 India to become world's fastest growing economy by 2013-15: Morgan   Stanley ,[object Object],    accelerate its growth rate   to 9-9.5% over 2013-15
India and Emerging trend 9.0 9 8 7 6 5 4 3 2 1 8.2 8.0 6.7 5.5 5.5 4.4 3.5 1950-70   1980   1992-97   1997-2002   2002-03   2003-04   2006-07   2009   2010  Sustained acceleration is needed to provide opportunities for India’s growing population and its even faster-growing workforce.
India and Emerging trend - Opportunity Approximately 75 to 80 million jobs will be created in India over the next 5 years,  50% more than today… ,[object Object],   10,000  functional leaders in various capacities ,[object Object],   across sectors ,[object Object],   States—have escaped extreme poverty
India and Emerging trend Few High Growth Sectors and their Manpower Requirement * Doctors and nurses estimates are not considered in this dataset. ** Estimated only for Organized Retail Source: Technopak Analysis According to the National Skill Development Mission, the high growth sectors are automobile and auto components, transportation and logistics, warehousing and packaging, travel and tourism, media and entertainment, healthcare services and retail.
Qualities expected by the organization ,[object Object]
Excellent public relations and inter personal skills, pleasing  personality, smartness, good academic records
Creativity, exceptional conceptual, analytical, extremely good and active contacts within the industry
 Good track records of success, go-getter, dynamic in nature
Quality of people is a key determinant of success in a rapidly changing world”.,[object Object]
Industry Expectations Industry skills 1.Soft Skills:  This factor has emerged as the most important determinant of the research. ,[object Object]
  Meeting with the soft skill criteria of the industry
  Industry correlate the soft skills of a new entrant with its performance2. Leadership Qualities ,[object Object]
  Possess effective leadership qualities 3. Suitability:  ,[object Object]
  Possess high professional standards
  Current academic output is technically competent
  Are graduates adaptable to the changing conditions of the Industry 4. Analytical Power:  ,[object Object],5. Ethical Component:  ,[object Object],6. Dressing Sense:  ,[object Object],[object Object]
  Appropriate usage of communication tools,[object Object]
Business Scenario - Reality ,[object Object]
 Due to lack of the right skills , Businesses invest six to twelve months to train the resource.
 Having the right people in place and ready to execute a company’s business plans as and   when  required - serious competitive advantage.  ,[object Object]

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Improving Employability - Preeth C

  • 1. Enhancing Employability - Academia to Industry Integration
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  • 4. India and Emerging trend 9.0 9 8 7 6 5 4 3 2 1 8.2 8.0 6.7 5.5 5.5 4.4 3.5 1950-70 1980 1992-97 1997-2002 2002-03 2003-04 2006-07 2009 2010 Sustained acceleration is needed to provide opportunities for India’s growing population and its even faster-growing workforce.
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  • 6. India and Emerging trend Few High Growth Sectors and their Manpower Requirement * Doctors and nurses estimates are not considered in this dataset. ** Estimated only for Organized Retail Source: Technopak Analysis According to the National Skill Development Mission, the high growth sectors are automobile and auto components, transportation and logistics, warehousing and packaging, travel and tourism, media and entertainment, healthcare services and retail.
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  • 8. Excellent public relations and inter personal skills, pleasing personality, smartness, good academic records
  • 9. Creativity, exceptional conceptual, analytical, extremely good and active contacts within the industry
  • 10. Good track records of success, go-getter, dynamic in nature
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  • 13. Meeting with the soft skill criteria of the industry
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  • 16. Possess high professional standards
  • 17. Current academic output is technically competent
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  • 21. Due to lack of the right skills , Businesses invest six to twelve months to train the resource.
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  • 24. “set your own targets, achieve your own goals”
  • 26. The present day companies are willing to give you the freedom to work creatively.
  • 27. The company give freedom for growth and benefit of the company for which you work.<iframe width="420" height="315" src="http://www.youtube.com/embed/I4DAWn1P0WE" frameborder="0" allowfullscreen></iframe> 11
  • 28. Hard Facts India's economic expansion was supposed to create opportunities for millions to rise out of poverty, get an education and land good jobs. But as India liberalized its economy starting in 1991 after decades of socialism, it failed to reform its heavily regulated education system. Globalization and market forces are creating these opportunities across countries on a scale never seen before. Unfortunately, there is also a widening skills gap. How can a country with a billion people be facing such a severe talent crunch? NASSCOM predicts that India's IT sector will face a shortfall of half a million professionals , while a recent IDC report suggests India will experience a shortfall of 118,000 skilled IT networking professionals.
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  • 31. Students want to know that training programs will provide a job or career possibilities
  • 32. So where is the GAP?... There is a pronounced ‘skill gap’ both in terms of quality and quantity; and the current system are not geared to meet the industry requirements. Employability The key emphasis here is on On one hand there is high growth with a strong demand for labor and on the other hand there is a large pool of labour, majority of it unemployable There is a need for greater interaction between industry, government and academia, to develop curriculum that matches the industry needs. Enhancing Employability Industry Academia Better Integration 15
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  • 34. Problem solving skills that contribute to productive outcomes
  • 35. Self-management skills that contribute to employee satisfaction and growth
  • 36. Planning and organizing skills that contribute to long-term and short-term strategic planning
  • 37. Technology skills that contribute to effective execution of tasks
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  • 40. modifying courses to match industry’s needs
  • 41. using guest lecturers from business
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  • 43. Skill Gaps Observed in some Sectors..
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  • 45. Partnerships with government, non-government industry organizations and educational institutions
  • 47. Create own training and development company
  • 49. Corporate and Academic Institution tie-up
  • 50. India’s largest private-sector bank, has joined hands with Manipal University to create the learning academy.
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  • 53. Identification of skill gaps specific to each industry.
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