DIFR Information Presentation

The significant problems that we face today cannot be solved at the same level of thinking we were at when we created them. -Albert Einstein

India, a land of shortage! According to industry estimates only a quarter of all graduates are employable and about 80% of job seekers in employment exchange are with out any professional skills. India is suffering from a massive shortage of skilled manpower. Businesses in India have started spreading their tentacles in towns, cities and semi urban areas in search of newer markets. These are seen as future markets for telecommunications, FMCG and retail sector among others. As companies expand their operations , they are not finding enough trained people to fit into different positions. IT body Nasscom says that the IT industry alone will be short of 206,000 skilled workers by 2009.

The question arises: With half of its 1.2 billion population aged under 25, how can India possibly be short of manpower? The problem lies in quality and not quantity of manpower.

We need additional trained manpower to achieve the business plans And we need it as of yesterday We want them to be productive from the day 1 Considering the deadlines, we do not have the privilege of detailed training and continuous handholding Please ensure that recruitment delays and errors are minimal

More people More people More Trained people Your last recruit did not meet our expectations What did you train him on? What did he learn? He just has learnt the basics. Not enough for us More people More people

How will we source manpower in such a short time? Tier ‘A’ cities are saturated. We will not be able to get guys within our budget We could get freshers from other cities. But we need to train them. If we put them on training, they will not be productive from day 1 Our requirements are so specific. We are not prepared for specialized training Moreover we do not have a presence in other cities. We also need to do a branding activity there We need to stretch our budget and timelines

((Recruitment Branding Costs + Recruiter manpower costs + Logistics costs +Training costs ) Time delay) / probability of finding the right candidates + retention probability of the candidates + performance probability) = You know what, it is just not within our budget

We train people on technical skills only We can’t train people on soft skills Our output is directly proportional to recruiters input We are an internal group. How can we certify? You want us to take his performance responsibility? Technology keeps evolving. We do not have the manpower to constantly upgrade training

Will this guy adjust himself to our corporate culture? Will this guy be able to take the work pressure? He is sound technically. But what about his language skills? He knows the subject, but his computer skills are limited They just know the subject by scratch. How can we take them? We cannot take them. They do not meet our requirements We got targets to meet. Lets at least take the guys who meet 50% or our requirements

What do I study and where? How valid will be the course? It is accepted by the industry? Will I really learn something worthwhile or just purchase the certificate? What is the assurance that I will get a job after the course? Is my technical knowledge enough for employers or is there something more that is required? Will I be able to afford the course? Who will guide me? What should I do? Who will honestly assess my requirements and skills? Should I move to some big city to study for a job? But I cannot afford to…

Inconsistency Lack of expert instructors No Quality Assurance No way to authenticate teacher training or qualification Lack of accurate monitoring of learning achievements High cost Redundant teaching methods No accountability Lack of evaluation programs Lack of subject matter experts

Understanding India Raising India - Challenges & Struggles

What are the challenges? Decreasing talent pool Increasing cost of hire Decreasing quality of manpower Increasing cost of retention Increasing attrition Increasing recycling of talent Unidentified skill gap Loss of intellectual human capital

Retentrition Attrition and therefore retention challenges are going to be the way of life. Already traveled paths are no means for different results. Overcoming retention challenges calls for thinking of un-traveled paths, with proper planning and execution. Some of the pre-requisites are How robust is your sales forecast mechanism? How many employees do you need on regular basis (on an average)? Have you identified which are critical roles and which are less critical roles – from skill acquisition perspective? Are you willing to have flexible workforce planning to avail the advantage of flexible numbers in workforce? Have you profiled the product versus the skill requirement? What is your internal training curriculum / scope of curriculum?

So what are the sustainable strategies? Integrate an Earn and Learn Model through a Consortium with our partners for a meaningful involvement in learning enablement. Setting a transparent work culture Build on the Earn and Learn Model and bring it as part of the terms of engagement and communicate the same proactively. As neighboring businesses and companies are becoming islands of excellence and resulting in bargaining powers to the undeserving; set up long term systems which will build more ownership towards the organization. Focus on culture building through committed handholding and captive training in the initial phases and refreshers throughout the span of work life in the organization. Work on Retentrition (Retention cum attrition) strategy for long term sustainability. Have strong vigilance and security systems to facilitate proactive interventions.

About Us DIFR is a part of USD 4 billion Essel group of companies. DIFR has been commissioned and incorporated with the objective of utilizing manpower pool available in cities of India and training them-in liaison with our corporate partners-to enhance their employability. DIFR aims to reach out to job aspirant population by providing employability skills, job placement and career exploration opportunities - through an experiential mode, aimed at developing confident individuals capable of self directed growth. DIFR also assists organizations to create management and leadership development centre for identifying and developing future managers and business leaders.

Our vision Vision of DIFR is to fulfill manpower requirement for companies by: creating talent funnel for entry level, lateral hires as well as through organic growth; succession planning and grooming of high potential managers and leaders from within; and setting up “development centers” (training and development) for skill building of existing employees. To provide cost effective consultancy, talent development and assessment center capabilities of global standards for Group companies as well as other corporate entities across the Indian Market

Our Mission Mission of DIFR is: to reach out to job aspirant population by providing employability skills, job placement and career exploration opportunities - through an experiential mode, aimed at developing confident individuals capable of self directed growth; to add individuals to the trained talent fit for corporate entry level employment by reaching out to Indian cities to attract students, train them (on a curriculum designed with our corporate partners), and then help them get placed in our partners organizations and beyond; to create assessment centers for evaluating existing manpower capabilities and building their skills for further growth within the organization; to create management and leadership development centre for identifying and developing future managers and business leaders;

Advantage Advantage for Corporate Partners • Build a sustainable pool of trained manpower • Develop manpower based on your specific knowledge and operational requirements • Reduce cost associated with sourcing, training and induction of new recruits • Enhance profitability and productivity by deriving optimum potential out of new recruits from day 1 • Create an efficient succession management plan by developing and sustaining talent within the organization • Create talent funnel through organic growth • Develop and constantly improvise on curriculum relevant to your industry • Create higher brand visibility through co-partnered presence in locations across India

Our service offering Affordable Premium but affordable Sourcing & Team Building Organization discussion and decision arrival facilitation Team profiling and assessments (360, MBTI, Career Inventory, Aptitude, Language) Domain skills training for group Value, Vision, Mission Facilitation OD facilitation Organizational Analysis and Benchmarking Mentoring & leadership Development Employability Skill enhancement Life skills development Language Skills / Communication skills / Interpersonal Skills Domain Knowledge enhancement Rehabilitation services into new cities, continued education program for alumni who have been placed in jobs and wish to continue studies. Leadership Development / Job Skill Enhancement Personality Profiling / Psychometric assessment Mentoring Refresher and up skilling and re skilling for the 40+ Employability skill refresher courses for women returning to workforce Business Individual

What can we offer you? • Customize & create better manpower profiles based on your business projections • Source candidates at a lesser cost • Reduce your recurring manpower costs • Create a unique and sustainable talent pool for your organization • Develop curriculum which is customized for your requirements • Develop a long term manpower plan for your organization • Develop candidate pool based on your actual business requirements and not generic industry requirements

What can we offer you? • Provide you with a talent pool which possesses the right aptitude and has a high potential to deliver • Assess your potential recruitments using various customized evaluations to ensure minimal error in recruitment • Ensure that your employees are productive from day 1 with minimal loss of time • Continuously handhold the trained and placed individuals and conduct regular update and upgrading sessions, chart out their career path on your behalf, ensure that they acquire necessary skills to move to the next level of career in your organization • Assist you with retention and performance management of your employees, continuously manage your team’s learning and customization requirements

Contact us at 206 / 207, Paradigm B, Mindspace, Malad Link Road, Malad (West), Mumbai 400064 Maharashtra India Ph: +91 22 6704 0280 / 81 / 82 Fax: +91 22 2844 9875 Mob: +91 97110 06289 Mail: [email_address] Web: www.difr.in Thank You!

DIFR Information Presentation

More Related Content

What's hot (20)

Similar to DIFR Information Presentation (20)

Recently uploaded (20)

DIFR Information Presentation