India slips to 89th rank in global talent competitiveness: Report

India's vocational skill market has regressed with time.

Published in Jan 2016 in an e-HR web portal

The Global Talent Competitiveness Index highlights a slump in availability of skilled labour force as India has slipped 11 places to rank 89th on the global index of talent competitiveness. The list has been topped by Switzerland followed by Singapore, Luxembourg, the US and Denmark in the top five positions. In 2015, India was ranked 78th on the GTC Index. 

The list was researched and compiled by INSEAD business school in association with Adecco Group and the Human Capital Leadership Institute of Singapore. Among the five BRICS countries, India came last in the list while China topped.

Even though India and China remain a one of the top exporters of talent, the study suggests many developing countries that have prioritized higher education over vocational education.

“In both China and India, skill shortage in vocational talent shows up clearly in the GTCI scores, as it also does in South Africa.

“This last year has seen a cooling off in the growth of emerging markets, and indeed we note the relative decline in the talent competitiveness of all BRICS countries except Russia,” the study said.

It has also being observed that Brazil shows a decline in skill improvement and China continues to strengthen in growing talent.

“In India, there are no signs of an improved regulatory and market landscape to enable the ‘Make in India’ campaign. This gap in terms of vocational skills, however, is not limited to BRICS and emerging economies: GTCI data shows that it extends to a number of high-income countries, such as Ireland, Belgium or Spain,” the study noted.

According to the report, one of the critical areas of focus for countries such as China and India is to attract talent from other countries.

“China has a low performance in terms of Attract (71st), and India shows one of the worst scores (103rd) — particularly affected by the lack of international students and, unlike China, by not being able to attract and retain global talent (so being more at risk of a brain drain despite the connection with the diasporas working the IT sector),” it added.

The report also suggests that the improvement of skill market in India would significantly impact the talent pool not just in the region but globally.

Probable sought-after careers of 2016

In 2016, digital marketing courses emerged as one of the most sought after professional courses, followed by Android app development, Big Data & Analytics and The open Group Architectural Framework (TOGAF), according to simplilearn. 

Published on 05 Jan 2016 in an e-HR web portal

It is that time of the year when individuals and professionals do their own SWOT (Strength, Weakness, Opportunity, and Threat) analysis and this helps them define their New Year resolution. Eventually they use their analysis to ‘self-upgrade’!

Simplilearn – a certification-training provider has interviewed over 2,000 professionals to find out what their career goals are for 2016.

In 2016, digital marketing course emerged as one of the most sought-after professional courses, followed by Android app development, Big Data & Analytics and The open Group Architectural Framework (TOGAF).

Interestingly, a majority of the inclination towards digital marketing courses came from Hyderabad followed by Bengaluru and Pune. Digital marketing has now become an in-demand skill, used to launch and manage successful businesses online. There is a strong demand for professionals skilled in social media, data analysis, SEO, PPC, e-mail marketing and content marketing in the current job market.

Big data certified professionals come second in the list and professionals from Bengaluru are most keen to take this up. Big data certified professionals are sought after in most of the industries, be it IT, Telecom, e-commerce, Retail or public sector. Effective data crunching and analysis leads us to valuable insights that help the company in finding its own niche area of excellence.

The Open Group Architecture Framework or TOGAF is a professional certification programme on Enterprise Architecture Framework for individuals and organisations launched by the Open Group in 2004. With leading IT giants such as IBM, HP, Oracle, Deloitte, Capgemini and Cisco implementing TOGAF methodologies to transform their business, job opportunities for TOGAF certified professionals have increased multi-folds.

TOGAF certified Enterprise Architects who are skilled in modelling, system integration, applications & role design with project management, are earning a whopping $124,000 compared to their non-certified peers and are most sought-after by Fortune 500 companies.

Similarly, data science is also expected to become the main-stream career option for many professionals; industry believes that its potential is yet to be harnessed. New algorithms are being prepared that are expected to unleash the potential of data science. The median salary for a data scientist is about $95,000 per annum.

Android App Development also features in the list as over 4.88 billion mobile phone users globally, and mobile devices have become ubiquitous. Moreover, using Mobile Apps for everything from shopping to design to playing video games has become commonplace.

The blossoming start-up scene has also contributed a large chunk of the demand for Android app developers, and many of these start-ups are prepared to pay very competitive salaries to deserving candidates. With necessary experience and skills in popular programming languages like Objective C, C++, C# or Java, developers can expect to earn a good, steady income. Salary per annum can range from between $89,000 and $125,000.

With online certifications fast-tracking careers, it is indeed an inexpensive and quick route to learn new skills and grab that dream job in the hottest job categories of tomorrow.

Role play- Errors in PMS

   Shahzad at the Performance Interview during the time of appraisal

 Avneet listening with concern to Shahzad's opinions

Shahzad and Avneet discuss views at an appraisal, highlighting certain errors of PMS in recent times in the form of a role-play.


They describe a situation bringing out the effects of the following errors of Performance Management:

•         Leniency (I AM GOOD, SO YOU ARE GOOD) or severity

•         Central tendency (IN-BETWEEN RATINGS)

•         Halo error (1 ASPECT DOMINATES OTHERS)

Also, they describe a situation bringing out the effects of the following errors of Performance Management:

•         Primacy (EARLY STAGES OF REVIEW) and recency (END OF REVIEW) effects

•         Perceptual set (PARTICULAR REGION)

And, they describe a situation bringing out the effects of the following errors of Performance Management:

•     Spill over effect (INFLUENCE OF PAST RATING)

•     Status effect (OVER-RATING HIGH-LEVEL JOB & UNDER-RATING LOW-LEVEL JOB)

 

AIMA's in collaboration with IESMCRC, 16th National Management Quiz (NMQ) and 3rd HR Quiz (Shakti), HR Club Activity

All India Management Association held its 16^th National Management Quiz and 3^rd HR Quiz (Shakti) at IESMCRC, its Venue Host. 

There were around 40 teams, comprising of 2 participants each, from leading Indian companies. The Registration began at 9am. 

                                          Registration Desk for AIMA Quiz Participants

 It was followed by written and buzzer rounds of elimination for the 2 Quizzes. 

 Director, IESMCRC addressing the audience with a Welcome Speech

 Quiz master starting the Event...

...the Buzzer rounds begin

 Mr. Mansoor Hassan, AIMA felicitating the Director, IESMCRC with a memento

                                      

Our Director, IESMCRC felicitated the Winners with trophies and certificates. 

Director, IESMCRC  awarding the AIMA Prizes 

30 IESMCRC 1^st Year PGDM students attended the programme. 

Dr. M.W. Shaikh (Associate Dean – Academics), Prof. Prajakta Dhuru (HR faculty) and Prof. (Mrs.) Merlyn Michael D’souza (HR Club Faculty-in-charge) attended the function. 

 Audience:-

Participant Teams, 

Students, Prof. Merlyn Michael D'souza, Prof. Prajakta Dhuru, Quiz Master, 

Director, Dr. D. D. Harsolekar, Dr. M.W. Shaikh, 

AIMA personnel, Mr. M. Hassan

It culminated with sumptuous lunch organized by IESMCRC.

Activity puzzle - Qualities an HR professional brings to a company

An activity performed in PMS LECTURE by HR students on the qualities an HR manager gets on the table in an organization. They included qualities like 'positive attitude', 'communication skills', 'creativity' etc. and the list went on...

The steps involve:

• Participants were given a blank piece of puzzle (cut up a sheet of index card stock).
• Each person wrote on the piece one skill which they contribute to the group.  
• The puzzle was then assembled to show that everyone contributes to the whole.
• Every person contributed to the team  
• The role of HR is to coordinate the team efforts.

Contributors - 

Kaiwan

Kainaz

Shahzad

Mansi

Vrinda

This was done under the supervision of Prof. (Mrs.) Merlyn Michael D'souza

7 tips to handle pre-interview jitters

(Excerpts of an e-HR portal)

You have finally landed an interview for your ideal job. Now you find yourself in the candidate holding tank five minutes before it begins. Your insides are churning, your heart is pounding and your palms are sweaty. You tell yourself to breathe, but nothing seems to help. Your name is called. You can barely concentrate. The interview is over before it even began. 

Anxiety is an interview killer, and a common problem. Jobseekers have every right to be anxious about an impending interview. After all, the competition is often tough and your livelihood could be at stake. But the last thing a hiring manager wants is for you to be a bundle of nerves. 

Let’s look at these 7 tactics to handle pre-interview jitters

1. Have a game plan

A day or two before your interview, scope out the company building. If you’re driving, find parking and learn exactly where you’ll need to be the day of the interview. On the day of, give yourself a generous amount of time to arrive at the interview location and get settled. Note: This doesn’t mean showing up to the interview an hour early. Use this time to take a walk to soothe your nerves or review your answers to potential questions. Realising there are factors prior to the big interview that are completely within your control can help you gain your composure.

2. Engage in conversation

The day of your interview, surround yourself with friends or family who make you feel good about yourself. By engaging with people in positive conversation throughout the day you’ll be warmed up by the time you reach your interview. A positive mood is infectious, and warming up your voice beforehand will also help you articulate effectively when it’s time to answer questions.

3. Boost your mood

Create a playlist of songs that give you confidence. If listening to “Eye of The Tiger” on repeat makes you feel like you can accomplish anything, then go for it. Or try listening to a comedy show on your way to the interview. A good laugh can ease anxiety and fear along with relieving stress. 

4. Fuel up

The saying is true: Eating a healthy breakfast kick-starts your brain and elevates concentration and productivity throughout the morning. Include a "brain food" such as oatmeal or fruit in your morning meal and you’ll have even more of a mental edge when you’re preparing for your big moment.

5. Get moving

Exercising a few hours before the interview will release endorphins that relieve stress. Plus, it will give you some time to visualise yourself in complete control of every interview question while you conquer the elliptical machine. 

6. Visualise

Visualising achievement can have a positive impact on the outcome of your performance. People stimulate the same portion of the brain when they visualise an action as when they are actually performing an action. So, through use of positive imagery, it’s possible to prime your brain for a successful interview. 

7. Demystify the process

It might be hard to believe, but the interviewer may be just as nervous as you are. He or she may be understaffed and under pressure to fill a position quickly. Remember, however, you were chosen for an interview after proving yourself to be a viable candidate. Don’t view the hiring manager as the enemy. Instead, see him or her as an equal. Demystifying the process can aid in soothing your interview anxiety. 

Interviewing for any position can be a burdensome task. But don’t fret, if you find yourself feeling overwhelmed before your interview, it is possible to regain control over your nerves. Set aside ample time to prepare beforehand to build confidence. 

India HR Industry Infographic

The People Matters HR Industry Study 2015 that surveyed 137 HR leaders deconstructs their expectations of players in the industry, top challenges they face and where they are increasing their budget.

Published on 25 Nov 2015 in an e-HR web portal

Every two years People Matters gives an overview of the HR Industry – its size, evolution, trends, opportunities & challenges across all verticals. Unlike the previous studies where we focused only on qualitative data, this year we have extended our study to include quantitative research. The Study surveyed 137 HR leaders on their expectation from players in the industry.