The only solution to unemployability problem of fresh graduates

corporate training alok kumar
There has been a lot of debate on the quality of fresh graduates in India and how the employability of these young groups of people remains a challenge.
IT industry in India over last several years has been in need of a lot of head counts. The focus therefore was more on producing basic skills and making the job billable.

“ Employability of fresh graduates in India remains a challenge, only solution to this huge national problem would be through corporates training these students…”

Most of the jobs, even being done in big branded IT companies were mostly support and maintenance which did not require high level skills. This job however did not also offer much to these young job seekers in terms of quality work experience and knowledge on which they could bank upon to further their career. Many such employees have been getting into higher studies and training to better their prospects of getting a better future.

This time, the situation has become different. Unlike the time of recession when the demand was less and the likelihood of the increase of demand ensured that the basic skills still had a chance, the current times pose a different kind of challenge. The market is undergoing a correction in terms of skill requirement. Most of the basic work being outsourced previously is either a candidate of automation or eliminated with better automated processes. The skills required for these employees to move up the value chain in most of the cases are significantly different and difficult. The challenge now lies with more than a million students who are now passing out from colleges and would be passing out in next year or so to be made employable, as their studies do not cover anything close to what the industry would need in future.

The solution to this huge national problem would only be done through corporates training these students either on their own cost or by asking students to foot the bill of the training to make them employable.

Training companies and institutes too are caught unawares with this correction which is now focussing on creating niche technology skills like analytics, big data, eCommerce, internet statistics, nano engineering, cyber security and man computer interface. Such institutes only add to the expense on the students without adding significant value in these changing times.

Have something to add? Share it in the comments.

Picture Credits : IIMIDR ,for representational purposes only

By Alok Kumar

Alok Kumar

Alok Kumar is Managing Partner of SRKay Consulting group, a private equity company, nurturing innovative ventures. Alok also serves on the board of ICCL (Indian Clearing Corporation Limited - A subsidiary of BSE- Bombay Stock Exchange) as an external advisor for technology and information security. Prior to this, Alok had been Managing Director of Sears IT & Management Services India Private Limited (SHI) since its inception in December 2009 and served in the same position till very recently. Having been in senior IT management positions in Fortune 500 companies, Alok has won several national and international awards. Alok is instrumental in planning and setting up SHI and thereafter growing it to a multi-locational thousand-plus people organization. Over the last five years, with his strategic vision, Alok helped SHI grow roots in India, develop and support technology applications and infrastructure across core mainframe, cutting edge e-Commerce and big data technologies. With his unique people-oriented transformational leadership style, Alok turned SHI into one of the most valued investments of Sears, garnering great ROIs, and creating value much beyond cost arbitrage. Under his tutelage, SHI has filed two patents and is recognized widely for its best practices in various areas, the latter, currently featured in Indian Institute of Management (IIM) case studies. SHI also became a CMMI Level 3, PCMM Level 3, and ISO 20000 certified organization. Alok is a widely acclaimed corporate leader in India today. He regularly participates and leads various forums as a keynote speaker and is an author of several books in different genres. Alok has several awards to his credit. He is particularly known in the industry for his people management skills and innovative ideas in improving the productivity of employees through unique people practices. He has been credited with the following industry awards: ¬ Emerging Leader of the Year award 2013 by ¬ Game Changer CEO of the Year 2013 (SHRM) ¬ CIO 100 - The Bold CIOs - 2008 (Reliance Infosolutions) ¬ CIO - Ones to Watch Award 2008 (Reliance Industries) ¬ Extended Manager Award - CIOL 2004 (Tata Teleservices) As an able leader of SHI, Alok got SHI recognized widely in the industry with the following several awards: ¬ CII Award for HR Best Practices in 2014 ¬ Global Excellence in Outsourcing Award - AIOP (Phoenix 2013) ¬ IT Innovation Award (Design & Engineering) - Computer Society of India 2012 ¬ Golden Company of the Year - Economic Times 2011-12 ¬ 7th Employer Branding Awards - World HRD Congress (Mumbai, India) 2013: • ‘Asia’s Best Employer’ Award • ‘Best HR Strategy’ in line with business • HR Leadership Award • Talent Management Award by Bloomberg TV India ¬ Employer Branding Awards - World HRD Congress (Singapore, Asia) 2013: • 7th rank in ‘Asia’s Best Employer’ award • Award for ‘Best HR Strategy’ in line with the business • HR Leadership Award Other recognitions: Alok had served on the distinguished panel of NASSCOM's GIC (Global In-house Centers) National Council members. The council members play a key role in major initiatives of the industry and include the torch bearers of IT industry as panel members. Books and Papers: Alok is an established author, with three books to his credit. Alok’s third and latest book, a novel, “The Spy from Unaula” is a 2015 publication. A handwriting analysis enthusiast, Alok collaborated with his wife Nandani on the book, “Handwriting Speaks” in 2006. “Value Sourcing – Future of IT Outsourcing” was co-authored with Keith Sherwell (currently CIO, Altice USA) and was released in 2013. Alok also researched and published two whitepapers: a. “Creating next generation captives” talks about the best practices that are helping generate higher value from the IT company captives.

You may also like...

2 Responses

  1. Raghesh Nair says:

    I agree that corporates have to pitch in to help improve the quality but at the same time , academic syllabus also needs to be revised to make it more contemporary and relevant to the needs of today.

  2. Shailesh says:

    Thanks for the focus.
    The solution for this should be initiated from the corporate cos. we need people of certain technology, fresher graduates are best fit for it.
    Select candidates provide them the knowledge of the technology by an employee working for the project for a month; price of this training should be borne by candidate( to have little pinch on the pocket to understand the value and efforts one need to put in)
    Later these candidates could be recruited by evaluation.
    I was associated with training and I am sure that freshers learns better than experienced.

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.