Two important drivers leading to the growth of Indian IT-ITES sector are capability enhancement in large program governance and process maturity. These define the path from labour arbitrage mode to strategic partnerships for most Indian IT-ITES organizations.
Managing projects in various geographies, time-zones, operating with stakeholders from multiple cultures and handling new technology offer distinct challenges
Only 25 per cent of our engineering graduates, 15 per cent of our finance and accounting professionals and 10 per cent of professionals with any kind of degrees, in India, are suitable for working in multinational companies.
Only one in four engineering graduates in India is employable, based on their technical skills, English fluency, teamwork and presentation skills and of the 4 lakh odd engineering graduates, who graduate each year, only about 20% is good enough for India Inc
“ Even with colleges churning out larger numbers of graduates, many of them will not have the skills that employers most demand:
Ability to communicate effectively
Solve problems and execute solutions
Solid work ethic
Creativity with specific technical knowledge”
Skills Gap Research 600 senior executives worldwide
How important is the Project Management Skill? Source: KPMG Study on drivers for success in Infra Projects Quality of Project Managers has the highest influence of all the factors!
The Demand Gap: Quantity Vs Quality Talent Gap
(Specific Core Competency)
Demand for project managers in India would be growing by 45% in next two years (2,15,187 by 2012, from 148,098 as of 2009-10) There is a GAP not only in terms of QUANTITY, but also in terms of relevant knowledge and skill QUALITY
The discipline of PM as the solution to the skills gap!
Academic opportunities to develop teaching programs focused on what industry wants and needs!
Academic opportunities for executive development both internal and external to organizations.
Student opportunities to enter one of the fastest growing professions
GOALS GAC Accredited Schools with Degree Programs but no accreditation Schools with only certificate programs but no degree programs Schools with full PM courses but no degree or certificate program Schools with only embedded PM in courses Schools with no PM, that should be teaching