career path and industry orientation handout
TRANSCRIPT
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Career paths
Four Categories of Educated Youth!
35% 90% Graduates
75% Engineers
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You are here
Higher Studies
Job
Employment
Private Service
Public Service
Practicing Professional
Accounting, Secretarial
Legal, consulting
Business
Family Business
Choice of field
How long?
Self Employment
Innovation, Geo
How long?
Home Maker
Choice of Spouse
Managing Home
Parenting
WHICH IS MY CAREER?
Job Options
Programmers
System Analysts
Technical Writers
Professionals
Researchers
Lawyers
Teachers
Scientists
Doctors
Business Analysts
JOB EMPLOYMENT PRACTICING PROFESSIONALS
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Who has the Opportunity?
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Quantity of the Workforce?
• Expanding Labor force – Average birthrate in India is
9% more than Western countries
– 95.27% of Indians are under the age of 64.
• Number of students progressing to secondary school education increased from 83% to 88.9% in the last 2 decades
• India has the one of the highest English speaking population in the world
Quality of the Workforce?
90% Graduates
75% Engineers
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Then, Why 90% is “Un-employable” ?
…and Where is the threat?
Out of Our
Control
Within Our
Control
The threat is like…
Visible Competencies easy to observe and measure
Less Visible Competencies less easy to observe and measure
Remember the Titanic disaster ?
Competency Model
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Industry Orientation Learn how to adopt the industry
LEARN HOW TO ADOPT THE INDUSTRY
Competency FOR THE FUTURE
By three methods we learn.
First, by reflection, which is the noblest;
Second, by imitation, which is the easiest; and
Third, by experience, which is the bitterest
- Confucius (BC 551-479)
HOW WE LEARN?
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LEARN HOW TO ADOPT THE INDUSTRY
Competency FOR THE FUTURE
Pain
“Un-employable”
90% Graduates
75% Engineers
Job / Technical
Experience
Leadership / Value
Even if they are employed or promoted, 40% of
executives fail within the first 18 months!
Ultimately ….a “comedy piece” !
LEARN HOW TO ADOPT THE INDUSTRY
Competency FOR THE FUTURE
When you are weak in “less-visible competencies”…
..you tend to become
Pain
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LEARN HOW TO ADOPT THE INDUSTRY
Competency FOR THE FUTURE
Problem
2. Junior Manager
3. Manager
4. Senior Manager
1. Entry Level
5. Executive
2. Junior Manager
3. Manager
4. Senior Manager
5. Executive
1. Entry Level
Executive Development Time Frame Compressed!
LEARN HOW TO ADOPT THE INDUSTRY
Competency FOR THE FUTURE
To understand this problem…We need to understand ages of civilization..!
Hunters and Gatherers • 18,00,000 years ago • Non-storable food income; Band Societies of 10 - 30 individuals
Agricultural Farmers • 10,000 years ago • Surplus Food Production; Division of Labor; Made civilization possible
Industrial Labor • 200 years ago • Currency Economy; Avg income 10 fold and Population 6 fold increase
Knowledge Worker • 50 years ago; rapid growth in last 30 years • Human Capital Valued; Manifold earnings ; iGeneration emerges
50x Productive
50x Productive
10000x Productive
“The top software developers are 10,000 times more productive than average software developer.” Nathan Myhrvold,
former CTO of Microsoft
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LEARN HOW TO ADOPT THE INDUSTRY
Competency FOR THE FUTURE
What is Wealth now?
Dr Charles M Savage describes a knowledge-focus as the third wave of human socio-economic development in his book Fifth Generation Management. [1].
In the Knowledge Age, 2% of the working population will work on the land, 10% will work in Industry
and the rest will be knowledge workers.
First Wave: Agricultural Age • Wealth: • Ownership of
Land
Second Wave: Industrial Age • Wealth: • Ownership of
Capital
Third Wave: Knowledge Age • Wealth: • Ownership of
Knowledge Wealthy?
Now What?
LEARN HOW TO ADOPT THE INDUSTRY
Competency FOR THE FUTURE
Who are those 88% of Knowledge Workers?
Knowledge Workers Knowledge Workers
Planning Planning
Acquiring Acquiring
Searching Searching
Analyzing Analyzing
Organizing Organizing
Storing Storing
Programming Programming
Distributing Distributing
Marketing Marketing
Consulting Consulting
Job Titles Job Titles
Programmers Programmers
System Analysts System
Analysts
Technical Writers
Technical Writers
Professionals Professionals
Researchers Researchers
Lawyers Lawyers
Teachers Teachers
Scientists Scientists
Doctors Doctors
Business Analysts Business Analysts
Knowledge Workers are not just IT Professionals!
Now What?
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LEARN HOW TO ADOPT THE INDUSTRY
Competency FOR THE FUTURE
Language Skills Language Skills
Spoken English Spoken English
Written English Written English
Foreign Language Foreign Language
Accent Understanding Accent Understanding
Analytical Skills Analytical Skills
Logical Reasoning Logical Reasoning
Problem Solving Problem Solving
Numerical Ability Numerical Ability
Comprehension Comprehension
Creativity Creativity
Computer Skills Computer Skills
Keyboard Keyboard
Browsing Browsing
Technical Technical
Programming Programming
Industry Competency Expectations Skill Areas
Now What?
Source: Industry Interactions, KPMG 2003-04
LEARN HOW TO ADOPT THE INDUSTRY
Competency FOR THE FUTURE
Customer Service Orientation Customer Service Orientation
Listening and Empathy Listening and Empathy
Initiative and Enthusiasm Initiative and Enthusiasm
Team Working Team Working
Multitasking and Time Management Multitasking and Time Management
Behavioral Traits Behavioral Traits
Assertiveness and Confidence Assertiveness and Confidence
Integrity, Values and Discipline Integrity, Values and Discipline
Motivation and Drive Motivation and Drive
Sociability, Dependability and Reliability Sociability, Dependability and Reliability
Industry Competency Expectations Value – Self-image – Traits - Motives
Now What?
Source: Industry Interactions, KPMG 2003-04
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LEARN HOW TO ADOPT THE INDUSTRY
Competency FOR THE FUTURE
The thing mind-set
The main assets in Industrial Age were machines and capital – things. People were necessary but replaceable. Supply exceeded demand. .
When all you want is a person’s body and not their mind, spirit or heart, you have reduced a person to a thing.
Problem
LEARN HOW TO ADOPT THE INDUSTRY
Competency FOR THE FUTURE
Many “Modern Management Practices” came from Industrial Age!
It gave us the accounting system, which makes people as an expense and machines as assets. It gave us the belief that you have to control and manage people.
the technique that motivates with a carrot in front (reward) and drives with a stick from behind (fear and punishment).
It gave us the carrot and stick motivational philosophy.
Problem
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LEARN HOW TO ADOPT THE INDUSTRY
Competency FOR THE FUTURE
Downward Spiral
When you manage people like things, people think that only those in positions (at home, at college or at work) should decide what must be done.
They have unconsciously agreed to being controlled like a thing.
The more a leader controls, the more people evokes behaviors that necessitate greater control.
Consequently, they blame the formal leader when things go wrong.
Problem
LEARN HOW TO ADOPT THE INDUSTRY
Competency FOR THE FUTURE
Downward Spiral
Over time, both leaders and followers confirm their roles in an unconscious agreement. They begin to believe that others must change before they change.
The same cycle reappears in families between parents and children. Problem
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LEARN HOW TO ADOPT THE INDUSTRY
Competency FOR THE FUTURE
Industrial and knowledge works are different!
Frederick Taylor on Manual Work
Peter Drucker on Knowledge Work
Define the task Understand the task
Command and control Give Autonomy
Strict standards Continuous innovation
Focus on quantity Focus on quality
Measure performance to strict standard Continuously learn and teach
Minimize cost of workers for a task Treat workers as an asset not a cost
Source: Reinvent Your Enterprise, by Jack Bergstrand
Problem
LEARN HOW TO ADOPT THE INDUSTRY
Competency FOR THE FUTURE
Manual Work Productivity Knowledge Work Productivity
Work is visible Work is invisible
Work is specialized Work is holistic
Work is stable Work is changing
Emphasizes running things Emphasizes changing things
More structure with fewer decisions Less structure with more decisions
Focus on the right answers Focus on the right questions
Source: Reinvent Your Enterprise, by Jack Bergstrand
Definition of productivities are also different!
Problem
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LEARN HOW TO ADOPT THE INDUSTRY
Competency FOR THE FUTURE
How Competency is assessed?
LEARN HOW TO ADOPT THE INDUSTRY
Competency FOR THE FUTURE
Baby Steps..
List all the Strengths, Weaknesses, Opportunities and Weaknesses about yourself.