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TMI e2E Academy Pvt. Ltd. Presents Jointly Owned Job Oriented Education (JOJOE) Model Talent Acquisition, Engagement & Ret...
Talent realities <ul><li>Army recruitment – 10 th  and 12 th   class pass outs – riots are common after results while NSDC...
The Problem as we see it <ul><li>Corporate employers not willing to train and hire those who require skill training – at t...
The Solution as we see it - The JOJOE Model  Gets fee back as retention bonus Pays part of the fee
<ul><li>Corporate wish list for talent acquisition at entry level met through JOJOE model. </li></ul><ul><li>Should be cos...
Why would the idea work?
Demand Estimates According to the CII-BCG Report, the demand for Graduates per year in the Corporate Sector is approximate...
 
 
Course List with Schedule
Delivery Eco System Sourcing of Candidates Pre Training Assessment Training Training Assessment Joining <ul><li>College Ti...
Key Project Details
Current Project Status TMI e2E Academy Pvt. Limited Incorporation 19 th  of January, 2011 On the Board <ul><li>Mr. C. Part...
QUESTIONS
THANK YOU
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Talent Acquisition, Engagement and Retention

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Transcript of "Talent Acquisition, Engagement and Retention"

  1. 1. TMI e2E Academy Pvt. Ltd. Presents Jointly Owned Job Oriented Education (JOJOE) Model Talent Acquisition, Engagement & Retention Conclave India Habitat Center, New Delhi 18 th February, 2011 T. Muralidharan, Chairman, TMI Group
  2. 2. Talent realities <ul><li>Army recruitment – 10 th and 12 th class pass outs – riots are common after results while NSDC funded skill dev companies are not getting people – 7 th , 10 th and 12 th - to train </li></ul><ul><li>Institute of banking personnel selection IBPS 1.75 crore applications of graduates for less than 50000 jobs. 4 attempts. Rest do what? WHILE </li></ul><ul><li>Large pharma co – ad for “learn and earn programs ” in a smaller town 2.75 lakhs spend 11 responses, Spends lakhs of Rs for graduates for Med rep jobs but has 500 unfilled positions </li></ul><ul><li>Gangaram story – story of grass root realities </li></ul><ul><li>We are a country of plenty and poverty when it comes to talent. Indian corporates need to do a lot of soul searching – why are a lot of freshers especially in rural and semi urban areas – preferring govt jobs when they cannot get IT jobs? How do we make this multitude employable in corporate sector? </li></ul>
  3. 3. The Problem as we see it <ul><li>Corporate employers not willing to train and hire those who require skill training – at their cost and time. </li></ul><ul><li>Students not willing to pay and acquire skills on their own – if the job prospects are uncertain </li></ul><ul><li>Severe shortage of talent </li></ul><ul><li>Educated remain unemployed </li></ul><ul><li>Educated remain under-employed </li></ul><ul><li>Numbers increasing every year </li></ul><ul><li>Divide increases, especially in </li></ul><ul><ul><li>Educationally backward regions </li></ul></ul><ul><ul><li>Industrially backward regions </li></ul></ul><ul><li>The Business Problem </li></ul><ul><li>The Social Problem </li></ul>
  4. 4. The Solution as we see it - The JOJOE Model Gets fee back as retention bonus Pays part of the fee
  5. 5. <ul><li>Corporate wish list for talent acquisition at entry level met through JOJOE model. </li></ul><ul><li>Should be cost neutral </li></ul><ul><li>Should enable “Just-in-Time” or JIT hiring </li></ul><ul><li>Should be “Day One” ready for the job </li></ul><ul><li>Should increase quality of hire </li></ul><ul><li>Should improve retention </li></ul><ul><li>Should enable “cost of employment” to be constant </li></ul>
  6. 6. Why would the idea work?
  7. 7. Demand Estimates According to the CII-BCG Report, the demand for Graduates per year in the Corporate Sector is approximately 1.85 million in Manufacturing and Service Sector alone. The TMI e2E Academy targets this market. At the peak placement level of 88,755 in the year 2020, TMI e2E Academy, will achieve a market share of 5% The MaFoi Employment Trends Survey, 2010 estimates the demand for Graduates @ 9,17,000. This will grow over the next 10 years to atleast 1.4 million assuming a 5% year on year growth. The MI e2E Academy in 2020 will have to achieve a market share of 6%.
  8. 10. Course List with Schedule
  9. 11. Delivery Eco System Sourcing of Candidates Pre Training Assessment Training Training Assessment Joining <ul><li>College Tie Ups </li></ul><ul><li>Master Franchisees </li></ul><ul><li>Sourcing Agency </li></ul><ul><li>Advertising </li></ul><ul><li>Employment Exchanges </li></ul><ul><li>NGOs </li></ul><ul><li>Zonal Managers </li></ul><ul><li>Field Officers </li></ul><ul><li>Fitment Assessment </li></ul><ul><li>Customers </li></ul><ul><li>Field Officers </li></ul><ul><li>TRAINING DELIVERY </li></ul><ul><li>Tie Ups & Management of Instructors and Infra Services Providers </li></ul><ul><li>Train The Trainer </li></ul><ul><li>Regional Managers </li></ul><ul><li>State Managers </li></ul><ul><li>Administer tests to conduct periodic and final evaluation </li></ul><ul><li>Field Officers </li></ul><ul><li>Training Instructors </li></ul><ul><li>Managing Employee Induction by Customers </li></ul><ul><li>Customers </li></ul><ul><li>Sales Officers </li></ul><ul><li>Training Content Development </li></ul><ul><li>Master Trainers </li></ul><ul><li>Content Assistants </li></ul><ul><li>Content Managers </li></ul>
  10. 12. Key Project Details
  11. 13. Current Project Status TMI e2E Academy Pvt. Limited Incorporation 19 th of January, 2011 On the Board <ul><li>Mr. C. Parthasarathy </li></ul><ul><li>Mr. Ram Ramasundar </li></ul><ul><li>Mr. Santhana Krishnan </li></ul><ul><li>Mr. T. Muralidharan </li></ul><ul><li>Mr. B. Ramakrishnan </li></ul><ul><li>Mr. T. Sreedhar </li></ul><ul><li>Mrs. Lalita Iyer </li></ul>Equity Infusion in the company Rs. 1.53 crores jointly brought in by TM Inputs and Services Pvt. Ltd. and CNK Management NSDC Soft Loan Rs. 24.10 crores; first installment of Rs. 4.82 crores awaited. Customers issuing LOI IIL, Karvy, Coramandel , Unicersell, ICICI pru , Mahindra resorts Furst batch April 2011 Website www.tmie2eacademy.com ; will be inaugurated by Smt. Purandeshwari, Hon’ble Minister of State for HRD Launch Company launched by MOS HRD
  12. 14. QUESTIONS
  13. 15. THANK YOU

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