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Learn while you Earn
“India to face huge skills gap due to low employability” – A World Economic Forum report on March 2010 said that India will face huge skills gaps in many job categories due to low employability over the next 20 years and also warned of a looming global labour crisis.
This kind of statements does not surprise Indian corporate anymore.
It’s a known fact – proved by surveys, voiced out by many practicing managers and entrepreneurs – yet very little has been done in pockets. The upgradation of Indian education system never kept pace with the growing economic trend and its resultant talent need – lack of infrastructure, not having qualified / expert faculties, theory / marks based education, multi-tier education system for haves and have-nots – these are not problems that can be solved overnight.
Amidst all, the unfortunate part is the unwillingness of industries and corporate to invest in building talent – everyone needs ready market talent that can deliver from day-1. The spending on talent development also is quite shocking – a lot is spent on the top and middle layer of the pyramid and little attention is extended to the bottom of the pyramid – contrary to the belief that the frontline produces the bottom-line.
The question is not who is to be blamed. Are organizations really willing to seek long-term solutions? If yes, CareerTree has many innovative and win-win solution for such progressive organizations, one such solution is the program “Learn While You Earn”.
The Model – how does it work?
The idea is to educate the school pass-outs on the industry-customized educational course in which the student inturns will have 20% of theoretical exposure and 80% of practical exposure. After the basic industry awareness and personality grooming sessions, the training institute partners with partner organizations to impart this practical training / exposure.
The curriculum is customized in a way that the students are taught basic skills to advanced skills, which enables them to perform and deliver efficiently in the tasks assigned to them as part of their practical training.
The training is not free for all. Through a stringent selection process it is offered to only those students who come from economically poor background with reasonably good academic performance. The companies and institutes find them to be more loyal and committed – as for them this program is not just a route to get degree but a way to establish their livelihood. The community and country also benefits immensely with the lower economic strata moving from working in an unorganized sector to the mainstream education and training – leading to gainful employment at a later stage.
This model can be applied to any industrial sector and not less than 60% of the grassroots tasks can be performed by these students. After the 4-year course (the duration can vary) the student comes out as a skilled, employable, industry-expert candidate – the industry gets to hire and pay for a competent candidate. Recognizing the immense gains it offers to every stakeholder who is part of this ecosystem many State Governments and universities are coming forward to recognize this Practice School model and extend their accreditation.
CareerTree has been part of this transformation movement in India for the last one decade. In the recent times many organizations are showing keen interest and embracing this model. Industry forums like CII, NASSCOM, and Skill Commission are also promoting this Industry-Institute partnership model in skill building.
CareerTree brings together its sourcing, training, consulting capability to implement this model on a turnkey basis at various places in the country. Companies like Ashok Leyland (Pant Nager), Saint Gobain Glass India (Chennai), Baxter Pharmaceuticals (Aurangabad) are some of the companies where CareerTree has been handholding in identifying the right / deserving student interns to be part of this model and create a long-term mutually beneficial association amongst all the stakeholders. CareerTree works with NTTF (a reputed technical training institute) to spread this model in the country.
Apart from this model, CareerTree also delivers many industry-customized training programs which are taught to both the employees in on-roll or to the future potential employees – industry can have this flexibility. The consultants from CareerTree map the need, propose delivery model and curriculum – align all the stakeholders, facilitate sign MOU and support implementation for building sustainable talent pool.