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Thank you for your presence. “I recognize that you have a choice of different sessions and appreciate the fact that you have chosen to be in this session” Anand Pillai. Consider This…. “41% of employers worldwide are struggling to find qualified job candidates”

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Presentation Transcript
thank you for your presence
Thank you for your presence

“I recognize that you have a choice of different sessions and appreciate the fact that you have chosen to be in this session”

Anand Pillai

consider this
Consider This…

“41% of employers worldwide are struggling to find qualified job candidates”

-Manpower, Inc. Global Study (2007)

“We are looming toward a global talent shortage”

-IBM Worldwide Human Capital Study, 2007

what is a skills gap
What is a Skills Gap??

A significant gap between an organization’s skill needs and the current capabilities of its workforce

When an organization cannot grow and/or remain competitive because its employees do not have the right skills to drive business results

external change drivers
External Change Drivers

Innovation

Technology

Customer

Requirements

Market

Changes

Demographics

internal change drivers
Internal Change Drivers

Downsizing

New

Strategies

New

Technologies

Expansion

Decentralization

skills gap poll 2006
Skills Gap Poll 2006

Q: Is there a skills gap in your organization now or is one expected within the next year?

N = 369

Source - ASTD

3 signs of a skill gap
3 Signs of a Skill Gap
  • Mismatch between the skills the workforce has and what is needed
  • Organization didn’t train employees in easier times, struggling to catch up in hard times
  • Number of high-skilled jobs needed to move org. forward is increasing
impact of the gap
Impact of the GAP

Lack of skilled workers affects productivity , competitiveness – ’98 Council on Competitiveness report: worker skills are “the greatest competitive challenge” facing the U.S.

CEOs are focused on revenue growth, though deficiencies in skills and competencies threaten this agenda*

*“Your Turn: The Global CEO Study 2004.” IBM Business Consulting Services.

the bottomline
The bottomline…

Without skilled talent, organizations lack the capability to grow and succeed

the question becomes
The question becomes…

What can business leaders do within their organizations to assess the severity of the skills gaps they face now and will face in the future?

And… how can they close those gaps in ways that contribute to the growth of their employees and the success of their organizations?

slide13

Hiring is not a top priority, but IT managers are

focusing on the staff and IT structure

Source: October 2008 Global Economic Downturn Online Survey

as a result we see addressing skills and adding it capacity is actually up year over year
As a result, we see addressing skills and adding IT capacity is actually up year-over-year

Somewhat Important

Critical

2008 Base: 129 global IT decision-makers

2007 Base: 503 global IT decision-makers

Source: October 2008 Global Economic Downturn Online Survey

slide15

The challenge

Managing growth, innovation, talent, engagement and performance when the pressure is to: Do more with less!

so what do you do
So what do you do?

The war for talent doesn’t go away in a downturn, it intensifies

prioritizing learning and development
Prioritizing Learning and Development

Percentage of organizations that rank the following as the top two challenges

addressed by Learning and Development

converting threat into opportunity
Converting Threat into Opportunity

Put your Employees First!

After all , they are the only assets you can rely on to sail through

what s common to these firms
What’s common to these firms?

A privately held Fortune 500 Company

that provides various services to

residences and firms.

It is not just what we are doing but what we are becoming in the process that gives us our distinct value.

- William Pollard, Chairman

The largest coffeehouse company in the world, with 15,012 stores in 44 countries

We built the Starbucks brand with our people, not with consumers. Because the best way to meet and exceed consumer expectations was to hire and train great people. We invested in employees.

- Howard Schultz, Chairman

The largest airline in the United States by number of passengers carried domestically per year.

To Provide the Best Customer Service, Put your Employees first.

- Colleen Barrett, President

slide21

One of India\'s leading global IT Services companies, providing software-led IT solutions, remote infrastructure management services and BPO.

In a world full of customers,

I see my employees first....

slide22

Technology is the enabler

Office is campus

Leaders are faculty

Business is Curriculum

Customer is the drive

Employees are THE assets

slide24

70-20-10

“Learning is an active process. We learn by doing. Only knowledge that is used sticks in your mind.” - Dale Carnegie

the 4p assessment model

Management Assessment Centre

The 4P Assessment model

Diversity.

Flexibility.

Scalability

Sustainability

slide28

Developing Internal Talent

“In 1,700 years of combined history of 18 visionary companies, including Marriott, American Express, Pfizer, and IBM, the role of chief executive was assumed by an outsider only four times.”

Source: Stocking Your Talent Pool with Knowledge Capital. Human Capital Management.

cooking up a ceo
Cooking up a CEO!

“The exciting part about being a HCL’ite is that the rules of determining how far you can go are written by YOU. You could inscribe your name on a brick, a wall or a whole building depending on what you care to bring and deliver.”– Vineet Nayar, Trainee, Batch of 1985,

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