Wednesday, December 5, 2007

“Bridging the gaps between Industries & Institutions”

With Indian economy growing at this rapid pace there is an increasing demand for skilled people. The economy is going through a phase where both the service industry (IT, Support) as well as manufacturing industry is growing & to meet this demand there is a requirement of large number of trained professionals with respect to the industry.

All the organizations are in the race for competitive excellence, wherein there is a strong linkage between knowledge and competitive advantage, planning for the future is the key to success. This future will be “the trained professionals”—those professionals who are abreast of the latest development in the rapidly changing environment in terms of technology & scenario. There is a thin line of demarcation between a qualified professional & a trained professional. So the innumerous institutes in our country churning out millions of graduates is just supplying qualified professionals which are required to be “trained” again when they join industries.

Corporate are consequently nurturing their association with educational institutions—both management and technical. It becomes mandatory for the industry to appreciate the significance of educational institutions in achieving this objective along with the augmentation of fresh human capital.

This leads to a thought that why not blend education & training. In other words “Bridging the gaps between Industries & Institutions”

It would be a win-win situation for both, as the institutes would be able to attract students by providing career opportunities & in turn the companies having tie-up with academia would get access to the fresh pool of talent. It is important for companies to be associated with reputed technical educational institutions to ensure a steady inflow of technically qualified professionals at the entry-level. This is more required in the specialization industry where there are limited institutes in India offering courses with skill sets required in this industry, as a result, there is an acute shortage of skilled resources in that domain. Most of the fresh graduates have practically zero skills in a particular domain and need to be trained extensively when they join the company. In such a scenario, a good industry-academia collaboration to develop tailor-made curriculum can help bridge the demand-supply gap and make fresh graduates industry ready.”

This doesn’t mean that just modifying the curriculum or the syllabi would be sufficient but what is also required is to probably have an education system in place where there is a granular breakdown of specialization so that any student could focus & spend more time in the domain he or she intends to work. Also then it becomes simple to define the scope & by the time a student comes out of institute into the Industry he just needs very minimal orientation & can be deployed.