From World of Study to World of WorkNovember 6, 2015

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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

India’s Demographic DividendChange 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 DividendAverage 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 Distribution of Work Force

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

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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 contributions

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Core Skills

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

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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

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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

Questions ?

Thank You