Bridging skill gap in retail sector

Bridging the Skills Gap: Understanding the Problem

These findings underscore the need to understand recruitment of skilled manpower from multiple perspectives, so that we can understand the reasons for the gap between industry demand and labor supply. Closing Skills Gaps in the Local Community Investments in closing skills gaps in the broader community, often through corporate social-responsibility activities, lead to better community relations, secure the social license to operate, and foster close ties with the government.

Training and development ensures that employees have clearly defined career paths that are aligned with training plans. Orion has partnered with more than corporates and MNCs for placement of its students and is working very closely with various ministries under both State and Central Government, it has also partnered with various nationalized banks for providing skill loans to its students.

Another significant motivator for training in the retail sector is the heavy consumer focus, and hence the requirement of strong communication skills and other soft skills. This development brings with it an unprecedented need for nation-wide availability of skilled labor and an increased demand for comprehensive skills training.

The skill development scenario offers itself as an excellent testing ground for public private partnership in providing training and ensuring employability of our workforce.

Bridging the data skills gap in L&D: What we need to succeed

Various mobilization and promotional campaigns are adopted to overcome this challenge. The primary reason is that the sector is characterized by high demand outlook.

Planning allows organizations to detect potential skills gaps and develop measures to close them, by both increasing supply and managing demand. India Orion Edutech has skilled 52, people in and aims to skill 1,50, people in Despite the efforts of the National Skills Development Mission the task of achieving the targeted million skilled manpower by seems daunting.

Although there have been several reports analyzing the overall skills development scenario, the nature of the evolving retail sector demands a detailed examination of recruitment, employment and career development processes in the low-skilled sector.

Many companies are stepping in to fill the void. And they need to be empowered to invest in themselves and secure the investment they need to succeed.

However, there are several aspects of the job market that need to be understood well for this highly ambitious target to be achieved. Understanding the Problem Understanding the Skills Gap Problem Globalization and changes in the structure and nature of competition have created what is commonly referred to by employers as a skills gap in the U.

A direct result of FDI would be increase in the number and the format of retail, which would result in the generation of jobs in multiple categories. A train-the-trainer approach can be a cost-effective and sustainable way to reach a large number of employees.

The percentage of people aged between 15 to 64 is Another significant motivator for training in the retail sector is the heavy consumer focus, and hence the requirement of strong communication skills and other soft skills.

Orion Edutech – Bridging the skill gap between academia and industry requirements

The company also trains women to become milk collectors and agricultural extension workers, opening opportunities in historically male-dominated rural areas. The public sector—especially education systems—is often too stretched.

Orion Edutech had received its VC funding from Venture East in and their excellence in education and industry interface has been crowned by prestigious awards over the years. About million people are unemployed globally.

Bridging the Gap January 28, Poetry of the 17th century is unique because it is of a metaphysical nature and it is deeper in meaning that the courtly love poetry before its time.

It focuses on love, death, and loss other than death such as innocence and material possessions. "Bridging the skill gap: Opportunities for skills training in India’s organized retail sector", GSEI (Global Strategies for an Emergent India) conference, Abstract: While the global population is ageing rapidly, India, with one of the youngest populations in the world, is at a strategic advantage with regards to demographic dividend.

The Driving Performance & Productivity report mapped the L&D skills deemed as ‘priority’ against the respondents’ evaluation of their team’s current skill levels. It’s clear that there is a significant gap when it comes to data analysis. Bridging the Skills Gap: Understanding the Problem Understanding the Skills Gap Problem Globalization and changes in the structure and nature of competition have created what is commonly referred to by employers as a skills gap in the U.S.

labor market. “Make in India” campaign targets to increase manufacturing growth to % over the medium term and creating million additional jobs by in manufacturing maghreb-healthexpo.com addition to that there will be an additional requirement of 17 million manpower in retail sector, 10 million in beauty & wellness, 30 million in construction and 12 million in transportation & logistics by Hence, what we have today is a growing skills gap reflecting the slim availability of high-quality college education in India and the galloping pace of the country's service-driven economy, which is growing faster than most countries in the world.

Bridging skill gap in retail sector
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Bridging the Skills Gap: Understanding the Problem | Rural Futures Institute