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From World of Study to World of Work
November 6, 2015
About Wadhwani Foundation
• Nominated by President Obama to become Trustee of Kennedy
Center
• Forbes 400 richest American
• Member of the Gates Buffet Giving Pledge; Committed to donating
80% of his wealth through philanthropy
• Chairman, Wadhwani Foundation which he started in 2000
• CEO Symphony Technology Group which he built from startup to $3
billion in less than 10 years
Enable large scale
job creation
through
entrepreneurship
Accelerate
employability
through skill
development
Empower the
educated
disabled
Impact policies to
accelerate
economic activity
Promote world
class research and
innovation
Accelerating economic development in emerging economies - creating and fulfilling millions of jobs
2
India’s Demographic Dividend
Change in working age population (2025 less 2015)
• India will account for 20% world’s working age population
• Only 7% of India’s working age population has vocational education.
Source: Global Demographics, Macquarie, September 2015
India’s Demographic Dividend
Average Age
Source: Global Demographics, Macquarie, September 2015
India has the world’s youngest population
India’s GDP trends
• Most of vocational education focused on Manufacturing industry
• 58% of India’s GDP now comes from Services Sector
Key Growth Sectors – For Job Growth
Services Sector
• BFSI
• Healthcare
• Hospitality & Tourism
• Retail / e-commerce
• IT/Ites
• Telecom
• Beauty & Wellness
• Security
• Food Processing
• Education & Training
• Construction
• Transport, Logistics & Supply
Manufacturing
• Automotive
• Pharma
• Defence
• Core Sector (Gas, Petroleum, Steel, Minerals)
• Consumer goods & Durables
College and High School Graduates Ill-Equipped for
Industry
Types of Skills Required
Three Core Skills
• Academic Skills
• Employability Skills
• Domain / Technical Skills
Employability Skills For global Economy
• 4Cs
• Critical Thinking and problem solving
• Communication
• Collaboration
• Creativity and innovation
• Information, media and technology skills
• Life and career skills
Why Skills are so important
Satisfy job requirements/qualifications
Quantifiably stratify job applicants
Transferrable
Command higher salaries
Grow professionally and personally
Cross Cutting Skills for 21st Century Work
Place
Communicating With Peers
•Providing information in-person, electronically, or via social media; creating targeted messaging to influence an
intended audience
Establishing & Maintaining Interpersonal Relationships
•Developing constructive and collaborative working relationships with others, and maintaining them over time
Researching / Gathering Information
•Observing, receiving, and otherwise obtaining information via meetings, interviews, or web-based or more-
formal research
Communicating with Persons Outside the Organisation
•Leveraging media to communicate with people outside the organization, representing it to customers, the public,
government, and other external sources
Interacting with Computers
•Using computers and computer systems to set up functions, enter and analyze data, or process information
Making Decisions and Solving Problems
•Using analytical skills to inform decision making and problem solving
Thinking Creatively
•Developing, designing, or creating new content, ideas, systems, or products, including artistic contributions10
Core Skills
11
Basic Skills
• Oral Communications
• Reading, Esp.
Understanding &
following Instructions
• Basic Arithmetic
• Writing
Higher-Order Thinking
Skills
• Problem Solving Skills
• Learning Skills, strategies
• Creative, innovative
thinking
• Decision making
Affective Skills and Traits
• Dependability / Responsibility
• Positive Attitude towards work
• Punctuality
• Interpersonal skills, cooperation,
working in team
• Self-confidence, Positive self-
image
• Adaptability, flexibility
• Enthusiasm, Motivation
• Self-discipline, self-management
• Appropriate dress, grooming
• Honesty, Integrity
• Ability to work without
supervision
What can you do?
Use MOOCs to learn new areas
Document what you learn
•Create e portfolio
Network with people
Do Group Projects
Teach others
Attend / Organise Seminars & Conferences
Apply your learning in local community / University
Do internships
Work Part time / Start Campus companies
Have a Mentor
12
What can you do?
Innovative thinking on placement
Invite Guest Lectures during the year.
Have student committees for placement
Creatively use Faculty Members
Have placement brochures
Use social media for networking with potential employers
Leverage Alumni
Start your own company
13
Questions ?
Thank You

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From Study to Work: Skills for Jobs in Growing Indian Sectors

  • 1. From World of Study to World of Work November 6, 2015
  • 2. About Wadhwani Foundation • Nominated by President Obama to become Trustee of Kennedy Center • Forbes 400 richest American • Member of the Gates Buffet Giving Pledge; Committed to donating 80% of his wealth through philanthropy • Chairman, Wadhwani Foundation which he started in 2000 • CEO Symphony Technology Group which he built from startup to $3 billion in less than 10 years Enable large scale job creation through entrepreneurship Accelerate employability through skill development Empower the educated disabled Impact policies to accelerate economic activity Promote world class research and innovation Accelerating economic development in emerging economies - creating and fulfilling millions of jobs 2
  • 3. India’s Demographic Dividend Change in working age population (2025 less 2015) • India will account for 20% world’s working age population • Only 7% of India’s working age population has vocational education. Source: Global Demographics, Macquarie, September 2015
  • 4. India’s Demographic Dividend Average Age Source: Global Demographics, Macquarie, September 2015 India has the world’s youngest population
  • 5. India’s GDP trends • Most of vocational education focused on Manufacturing industry • 58% of India’s GDP now comes from Services Sector
  • 6. Key Growth Sectors – For Job Growth Services Sector • BFSI • Healthcare • Hospitality & Tourism • Retail / e-commerce • IT/Ites • Telecom • Beauty & Wellness • Security • Food Processing • Education & Training • Construction • Transport, Logistics & Supply Manufacturing • Automotive • Pharma • Defence • Core Sector (Gas, Petroleum, Steel, Minerals) • Consumer goods & Durables
  • 7. College and High School Graduates Ill-Equipped for Industry
  • 8. Types of Skills Required Three Core Skills • Academic Skills • Employability Skills • Domain / Technical Skills Employability Skills For global Economy • 4Cs • Critical Thinking and problem solving • Communication • Collaboration • Creativity and innovation • Information, media and technology skills • Life and career skills
  • 9. Why Skills are so important Satisfy job requirements/qualifications Quantifiably stratify job applicants Transferrable Command higher salaries Grow professionally and personally
  • 10. Cross Cutting Skills for 21st Century Work Place Communicating With Peers •Providing information in-person, electronically, or via social media; creating targeted messaging to influence an intended audience Establishing & Maintaining Interpersonal Relationships •Developing constructive and collaborative working relationships with others, and maintaining them over time Researching / Gathering Information •Observing, receiving, and otherwise obtaining information via meetings, interviews, or web-based or more- formal research Communicating with Persons Outside the Organisation •Leveraging media to communicate with people outside the organization, representing it to customers, the public, government, and other external sources Interacting with Computers •Using computers and computer systems to set up functions, enter and analyze data, or process information Making Decisions and Solving Problems •Using analytical skills to inform decision making and problem solving Thinking Creatively •Developing, designing, or creating new content, ideas, systems, or products, including artistic contributions10
  • 11. Core Skills 11 Basic Skills • Oral Communications • Reading, Esp. Understanding & following Instructions • Basic Arithmetic • Writing Higher-Order Thinking Skills • Problem Solving Skills • Learning Skills, strategies • Creative, innovative thinking • Decision making Affective Skills and Traits • Dependability / Responsibility • Positive Attitude towards work • Punctuality • Interpersonal skills, cooperation, working in team • Self-confidence, Positive self- image • Adaptability, flexibility • Enthusiasm, Motivation • Self-discipline, self-management • Appropriate dress, grooming • Honesty, Integrity • Ability to work without supervision
  • 12. What can you do? Use MOOCs to learn new areas Document what you learn •Create e portfolio Network with people Do Group Projects Teach others Attend / Organise Seminars & Conferences Apply your learning in local community / University Do internships Work Part time / Start Campus companies Have a Mentor 12
  • 13. What can you do? Innovative thinking on placement Invite Guest Lectures during the year. Have student committees for placement Creatively use Faculty Members Have placement brochures Use social media for networking with potential employers Leverage Alumni Start your own company 13