Agenda

Employability – Overview and Opportunity4th Angle’s Approach to address Opportunity4th Angle – Progress Next Steps

Agenda

Employability – Overview and Opportunity4th Angle’s Approach to address Opportunity4th Angle – Progress Next Steps

Employability

Employabilityis a set of skills, understandings and personal attributes

that make youth more likely to gain employment and be successful in their chosen occupations, which benefits themselves, the workforce, the community and the economy.’ -Yorke

“To be employed is to be at risk, to be employable is to be secure”

Imparting Employability into students about to be graduated is “unknown” in 90% educational institutes in India

Quantifying the “employability” in the context of Industry vertical & specific role is limited to few “experts” and manually driven process today.

EMPLOYABILITY GAPS

Peter Hawkins

“To create and sell a low cost/ high volume Technology driven product to

determine the Attitude, Knowledge and Skill level of the student/prospective

employee which facilitates the hiring decision of the employer and enables

him to focus on correct training techniques/methodology.”

OPPORTUNITY

What Corporates Say ?Dabur India feels that it is important to check candidates for their ability to be team players. The ability to

interact and understand other cultures has also been mentioned as an important attribute.

CRISIL, Mumbai indicates, “Students who appear for the interview should possess sound knowledge of fundamentals they have learnt in school/college. Often basic knowledge

in their subject of graduation/post graduation is missing.”

Philips, Mumbai argues, “Competencies are difficult to assess through a Group Discussion/Personal Interview. They are inferred through students who

have worked with you or through psychometric tests.”

Hyatt, Calcutta on the other hand expresses, “Prospective students should have some work experience even if it is for three months.

According to Proctor & Gamble (P&G), Mumbai, “Sustained leadership roles/activities are important criteria for selection. At summer/final placement, P&G conducts

written and psychometric tests for filtering candidates”

Eveready Industries, Calcutta states, “Group tasks should also be included as a filter in the selection process. Students should be given a specific task,

which needs to be completed in a limited period of time with a team

Bata India, Calcutta contends, “Before the final selection, short listed candidates should have a one week exposure in a company so that they know what they are heading for

Dabur,India

Philips, Mumbai

Proctor & Gamble (P&G), Mumbai

Bata India, Calcutta

CRISIL, Mumbai

Hyatt, Calcutta

Eveready Industries, Calcutta

Employer’s Understanding Employability Problem

HJ NP AK Gerald

Unable to work with least possible supervision Lack of communication skills Lack of learning attitude Improper handling of teams

Lack of basic computing Lack of reasoning skills Lack of proactive thinking Lack of team work

Lack of basic spellings, basic English Lack of a systematic approach Lack of communication skills Lack of right attitude

Lacking understanding of Basic Math Not maintaining notes and their reference Lack of English proficiency Lack of respect for others

Lack of Basic reading Making similar mistakes often Lack of problem solving approach Lack of patience

Does not check enough, read manuals No innovative thinking Cannot handle pressure Lack of in depth knowledge

Argumentative “I thought so“ syndrome No accountability Do not take responsibility Lack of trust on teammates

Fearful of asking / Feels embarrassed to ask

Do not want to be answerable for mistakes

Not maintaining proper documentation Poor response time

Does not maintain notes & refer notes if he maintains Fail to see bigger picture

More theoretical than practical

Not straightforward

Lack of learning attitude

Forgetful Lack of proper communication

Lack of respect and understanding of safety Casual approach

Wants an easy way or easy life Poor Presence of mind

Does not have integrative power Unfamiliar with reporting

Cannot map how his work effects others Inflexibility

Lack of willingness to learn

Student’s Understanding Of Employability Problem

Mukund (B.Com) Pawan (Engg Graduate) Abhijit (MBA) Piyush (MBA) Noel (MBA) Purva (Engineer)

Lack of practical knowledge

Lack of practical exposure Lack of right attitude Lack of communication

skills Low self confidence Unable to apply knowledge

Lack of exposure Lack of confidence Lack of communication skills Lack of reasoning skills Unaware of systems Lack of practical

approach

Lack of English proficiency

Lack of technical knowledge Lack of team work

No knowledge of MS-Office Lack of vision

lack of communication skills Lack of learning attitude Lack of presentation

skills No persuasive skills Lack of communication skills

Lack of work ethics Limited knowledge of MS-Office No note making skills Lack of

comprehension skills

Lack of proactive thinking

No reference of notes to problems Low self confidence

No reading habit

Unable to take pressure

Lack of teamwork

Not able to see bigger picture

Education Provider’s Understanding Of Employability Skills Dr. Shiurkar Dr. Vaidya Sanjeevani edu. Society Namrata Mam

No knowledge oriented approach of the students Lack of awareness Institute do not know what employers

need Poor communication skills

Lack of experienced teachers Lack of experienced teachers Not able to cope up with technological advancements

No career counselling approach in institutions

Lack of problem based learning Obsolete syllabus Lack of practical knowledge & exposure Lack of proper attitude

Weak analytical ability Lack of logical reasoning Faulty Government norms Lack of values and ethics

Poor communication skills Lack of proper attitude Teachers have no practical or industry experience Lack of reading habit

Poor quality of education Poor communication skills Secondary education is not proper Lack of practical training

Inconversant with IT - MS-Office and analytical tools

Lack of practical knowledge & exposure Quantitative vs Qualitative approach Lack of experienced teachers

Lack of developmental pressure Tardiness No employer engagement Secondary education is not proper

Not serious on careers Lack of proper attitude Language of study at secondary schools

Lack of commitment

Lack of confidence

Lack of sincerity

Poor communication skills

No employbility culture

Lack of problem based learning

Employability Gap – Cause 1

Education System - Designed in Industrial Age & Continued till date

“Severe”Employability Gap

Limited & Manageable Skill Gap

Industrial Era

Corporate WorldTransformed from Industrial Era and is Globalized with Disruptive Innovation

Today

• 5194 engineering & technology institutions in 2012

• Approved intake increased from 4.75 lakh in 2007 to 10.66 lakh in 2011-12

Mindless expansion of the technical education system Imparting Education with Poor quality skilled staff [ and many are understaffed ]

• A vast majority of students coming out of these colleges, which act more like coaching centres for prescribed syllabi, lack the true qualities expected of an engineering graduate and hence are unemployed or severely underemployed.

Employability Gap – Cause 2

The shortage of appropriately skilled labour across many industries is emerging as a significant and complex challenge to India's growth and future.

Each year over 3 million graduates and post-graduates are added to the Indian workforce

Trainable 25%

Readily Employable

10-15 %

According to NASSCOM

Many Require Significant Time &

Efforts for becoming “Employable”

Employability Gap – Quantified

Agenda

Employability – Overview and Opportunity4th Angle’s Approach to address Opportunity4th Angle – Progress Next Steps

4th Angle – what is it?

Is Technology Drivenfor scalability

Low Cost Model for Student

Open for Content Integration from Psychometric Analysts (behavioral), SMEs (technical)

Platform focused on imparting improved “employability” to Graduates, and:

Designed to address “employability gap” in the context of globalized economy with “disruptive innovation”

Good mix of in-person, online and offline content delivery

Conceived and Vetted by personnel with Global experience

4th Angle’s approach to bridge the GapFoundation Skills Bridging Skills Skills to deliver in today’s corporate

Academics Communication skills Cultural awareness

Subject matter expertise Time and expectation management Professional skills

Clarity on career choice Ethics and values Networking and collaboration

Business Etiquette

Imparted by Educational Institute

4th Angle’s advise based on Psychometric analysis and interventions

Skills imparted by 4th Angle with Case Studies and hands on exercise

Educational Institute/ Franchises

EmployersStudents

Content Providers

4th Angle – a platform

Delivery Mechanism

Workshop on Employability In-person

Career counseling session Group

Training content delivery Online (Web & Mobile)

Assessment Online

Job AssistanceOnline & In-person

Agenda

Employability – Overview and Opportunity4th Angle’s Approach to address Opportunity4th Angle – Progress Next Steps

4th Angle – WBSWBS

Concept Technology Platform Content Readiness

Psychometric Expert tests integration

GTM strategy

Designing and implementing quantifying mechanism for employability

i.e. S-Model designed, debated and draft version is ready.

1. Functional Requirements defined

2. Technical Architecture Designed and Implemented

3. Functional Testing is completed – fixes are being applied

4. Non Functional Testing is in Progress

5. UI / UX Re-Engineering is work in progress

1. Technical Subject Matter Content is Identified for IT & ITES vertical

2. Soft skill content is identified in the context of IT & ITES vertical

3. Content feeding is work in progress

1. Work in Progress leading Psychometricians

• Dr. Prashantham • Dr. Subrata Pandey• Dr. Nalini Shastry• Mrs. Vasanthi

Ranganathan

1. Initial Go-To Market Strategy is identified

2. Content Scope is larger than anticipated, planned time lines were not realistic

3. It isn’t as easy as we originally thought off, given the nature of stakeholders in “Employability”

4. Readdressing the GTM strategy

Work in progress Work in progress ImplementationCustomizable Ready for beta testing

4th Angle – GapsPlatform is scalable, Pan-India provided

Highly scalable Tech infrastructure

100s of Psychometric tests for multiple industry verticals Marketing, PR

Further innovating the baseline platform by vetting with “Industry Gurus”

Agenda

Employability – Overview and Opportunity4th Angle’s Approach to address Opportunity4th Angle – Progress Next Steps

RoadmapMonth 1 Month 2 Month 3 Month 4 Month 5 Month 6

1 in ITES

1 in Mfg

Technology Platform

Course Content

Physhometric Tests

UI Facelift; GapsTesting Cycle

IT & ITESManufacturing

4-6 in ITES

4-6 in Mfg

Milestone 1:GTM Readiness for IT & ITES industries

Milestone 2:GTM Readiness for Mfg industries