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The gap between traditional education and industry demands has been a long-standing debate. As technology continues to evolve at a rapid pace, the skills required in the job market are constantly shifting, leaving both employers and academia grappling with the challenge of keeping up.
According to a recent report on ‘Future of the Skills Landscape 2024’ by Hero Vireda, a significant 82% of working professionals expressed concerns over potential job redundancy due to emerging technologies. About 78% of working professionals recognize upskilling as a proactive strategy to navigate the rapidly changing work landscape.
Shraddha Naik, the head Human Resources Business Partner for SEA, India & Emerging Markets at SAP, emphasized the transformative journey her company has undergone in adapting to the changing technological landscape. She highlighted SAP’s commitment to upskilling and reskilling its workforce through internal academies, stating, “We hire talent from the academia, and run our own universities internally with a very robust curriculum that we run in the span of six to two years.” Naik also stressed the importance of continuous learning, noting that “learning cannot be attained in a single hour or a classroom experience… It’s an ongoing journey.” Adding on this Vaishnavi Shukla, HR head at Comviva said, “For college grads we have finishing school wherein we do a touch-up to the new joiners existing skills and try and revive them to an extent that their existing skills become reusable for companies.”
She emphasized the importance of continuous learning and development for employees. Shukla highlighted Comviva’s approach to providing various learning opportunities. “There’s always a charm for the enthusiasts to keep training and keep upgrading themselves” she said. She also focused on the importance of mindset in the learning process. She said, “The fight is about mindset, it is about being ready to unlearn, ready to relearn.”
Naik further added, “What we do with SAP is a social sabbatical wherein we let go of our tenured employees. You move out of the SAP ecosystem, get into the world out there, and see how you can contribute as an SAP employee to the world out there. It could be in the space of technology, it could be in the space of charity, it could be in the space of academia as well.”
Dr. G.K. Prabhu, president of Manipal University, Jaipur who representing academia, outlined efforts to modernize academic curricula to meet industry needs. He highlighted the challenges faced by universities in keeping pace with technological advancements, stating, “Today’s challenge is more on a particular engineering institution… It is skewed majorly towards IT and computer sciences.” Dr. Prabhu also emphasized the importance of holistic development for students. “The holistic development of the student is something that the university has to look after as a package” he further added.
There is a major role of educators in preparing students for the evolving job market. While fundamentals remain crucial, there is a growing emphasis on developing critical thinking, problem-solving, and adaptability skills. Dr. Prabhu emphasized the importance of providing a holistic education. “If the student can learn faster with new technology, today it’s FinTech, tomorrow it’s something else” he said.
Through initiatives such as internal academies and competency roadmaps, companies can empower employees to stay ahead of the curve and drive innovation within their respective fields.
There is a greater need for collaboration between academia and industry to bridge the gap between education and employment. By aligning curriculum with industry needs, providing ongoing training opportunities, and fostering a culture of lifelong learning, organizations can ensure their workforce remains agile, adaptable, and equipped for success in today’s rapidly evolving world.
According to a recent report on ‘Future of the Skills Landscape 2024’ by Hero Vireda, a significant 82% of working professionals expressed concerns over potential job redundancy due to emerging technologies. About 78% of working professionals recognize upskilling as a proactive strategy to navigate the rapidly changing work landscape.
Shraddha Naik, the head Human Resources Business Partner for SEA, India & Emerging Markets at SAP, emphasized the transformative journey her company has undergone in adapting to the changing technological landscape. She highlighted SAP’s commitment to upskilling and reskilling its workforce through internal academies, stating, “We hire talent from the academia, and run our own universities internally with a very robust curriculum that we run in the span of six to two years.” Naik also stressed the importance of continuous learning, noting that “learning cannot be attained in a single hour or a classroom experience… It’s an ongoing journey.” Adding on this Vaishnavi Shukla, HR head at Comviva said, “For college grads we have finishing school wherein we do a touch-up to the new joiners existing skills and try and revive them to an extent that their existing skills become reusable for companies.”
She emphasized the importance of continuous learning and development for employees. Shukla highlighted Comviva’s approach to providing various learning opportunities. “There’s always a charm for the enthusiasts to keep training and keep upgrading themselves” she said. She also focused on the importance of mindset in the learning process. She said, “The fight is about mindset, it is about being ready to unlearn, ready to relearn.”
Naik further added, “What we do with SAP is a social sabbatical wherein we let go of our tenured employees. You move out of the SAP ecosystem, get into the world out there, and see how you can contribute as an SAP employee to the world out there. It could be in the space of technology, it could be in the space of charity, it could be in the space of academia as well.”
Dr. G.K. Prabhu, president of Manipal University, Jaipur who representing academia, outlined efforts to modernize academic curricula to meet industry needs. He highlighted the challenges faced by universities in keeping pace with technological advancements, stating, “Today’s challenge is more on a particular engineering institution… It is skewed majorly towards IT and computer sciences.” Dr. Prabhu also emphasized the importance of holistic development for students. “The holistic development of the student is something that the university has to look after as a package” he further added.
There is a major role of educators in preparing students for the evolving job market. While fundamentals remain crucial, there is a growing emphasis on developing critical thinking, problem-solving, and adaptability skills. Dr. Prabhu emphasized the importance of providing a holistic education. “If the student can learn faster with new technology, today it’s FinTech, tomorrow it’s something else” he said.
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There is a greater need for collaboration between academia and industry to bridge the gap between education and employment. By aligning curriculum with industry needs, providing ongoing training opportunities, and fostering a culture of lifelong learning, organizations can ensure their workforce remains agile, adaptable, and equipped for success in today’s rapidly evolving world.
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