Posts tagged: Talent supply gap

In the 21^st century, a career depicts the ultimate success of an individual. Due to increasing competition and lack of employment availability, students are not able to land in a proper job.

Concentrating on academic performance throughout student life, they lack an appropriate skill set right before the beginning of their careers. Acquiring these skill sets and proficiency will not only make them industry ready but also prove to be beneficial in the long run.

Career (Job) readiness programs help students to obtain necessary skills that will help them to grow, land in a job and sustain in the Future of Work.

This is very much important to assist the student in conquering the real-world challenges, these programs incorporate the required skills regardless of education and experience. Enriching the students with creativity, communication, teamwork, problem-solving, critical thinking, cultural competency, etiquette, and professionalism – the career (Job) readiness programs integrate employability skills among the students providing them with a competitive edge during interviews, internships, and jobs.

To understand the significance of career readiness programs and their impact on a student, the below-mentioned topics may prove to be useful:

1. Identifies the Caliber:

Students at a young age are often not aware of their true potential. Career (Job) readiness programs create opportunities that help them to analyze the current scenario of the job market. Gradually they recognize the industry which suits them and they identify the skills required to ace in that industry. Comparing the caliber they require vs. the caliber they posses students can prepare themselves to face the real world.

2. Builds Capacity:

Emerged in a theoretic world of bookish knowledge, students never get a glimpse of the real world waiting outside for them. With thorough practice and determination, the students can polish their skills and advance towards the future with more confidence.

3. An Investment for Future:

Career / Job readiness programs were quite unheard of until recent days. Critically analyzing the current market scope and skills possessed by the young graduates, these programs are now given the utmost priorities in every education sector. A vision of future, career (Job) readiness programs makes students industry ready even before the completion of their graduation.

4. Critical Thinking Capacity:

Analyzing and interpreting the complexity of a situation to bring out the best is not something that can be easily learned acquired. An important aspect of life in every situation, this trait shapes and molds a student into a professional by enhancing their thinking and problem-solving capacity. Career (Job)  readiness programs develop logical reasoning skills to synthesize existing connections among various factors to solve problems.

5. Enhance Communication:

We are all aware of the fact that with just above-average communication skills we cannot succeed in the interviews. During interviews and sustaining in the job, communication skills are far more than just a medium of transmission of thoughts and expressions. Coming from different regional backgrounds, students often lack proper communication skills which deprive them of their dream job even after the plethora of skills possess by them. Career (Job) readiness programs enhance the verbal ability of the students which also boosts their confidence and performance.

Regardless of the profession or industry a student enters, Colleges and Universities should take the pre-requisite steps to make students industry worthy. The ‘one-size-fits-all’ education system has its flaws and gaps which need to be mended by these career readiness programs. By organizing these programs, the students will get opportunities to hone their technical skills and personality to succeed in the future

Conclusion

Academic skills such as reading, writing, basic math and communication skills are essential & our education system covers it all… Beyond this, students lack industry exposure, insights to the future of work, evolving skills and trends, etc.

Job-readiness training programs, also known as workplace-readiness and career-readiness programs, prepare participants to get, keep and excel at a new job, as explained by the Workforce Innovation Technical Assistance Center.

Job Readiness skills are important because they ensure workers have the basic academic, critical thinking and personal skills necessary to maintain employment.

On one side, fresh students & youth talents are looking out for opportunities…

On the other side, corporate leaders & Talent Acquisition professionals are hunting for talented individuals…

So, it is very evident that there exists a Gap in Talent Supply.

Why do Talent Supply Gaps occur? 

·       Digitization is reinventing businesses.

·       This often happens because technology advances so quickly that it becomes hard for employees to keep up.

·       Organizational planning is no longer an annual event – It is a constant readjustment to changing priorities.

·       Technology and strategies are changing work faster than the workforce can adapt.

Technology advancements, the rise of cloud, socio-economic and demographic changes are shifting expectations and placing new demands on society.

Skills like cloud computing, artificial intelligence, machine learning, productivity and more are already in demand in organizations around the world, yet jobs remain unfilled, the talent gap persists and is set to widen. 

Who is considered as “Talent Supply”???

Its the Candidates (Job Seekers) / Fresh College Students / Youth Talents, who are considered as Talent Supply for the “Future of Work”

Now that YOU are aware of the existence of Talent Supply Gap and who are considered as Talent supplies..

Now, Who Is Responsible to bridge this Talent Supply Gap?

In order to grab the available opportunities at organizations, whose responsibility is this to bridge the gap?

Indeed, Its the responsibility of the fresh students / youth talents to:

prepare themselves for the Future of Work,

bridge the gap for their desired role (after attaining their unique Career Niche Clarity)

and position themselves as a Future Ready workforce…

To sum it up – It’s the responsibility of youth talents, fresh graduates, and job seekers – who need to be equipped and cross-trained to meet the ever-growing skill requirements of organizations.

How to bridge this Talent Supply Gap?

Students need a Readiness Program to:

1. Explore their self and understand themselves better.

2. Align themselves with the available options for The Future of Work

3. Take up Specialization courses on top of their basic curriculums

4. Build their Talent Influence

Organizations are looking at building a Future Ready Workforce – Are You READY?

In short:

1. Fresh Graduates and Youth Talents like YOU need to be prepared with the trending skills to become a Future ready workforce / Tomorrow’s workforce.
2. You need to pick-up some specializations on top of your basic curriculums which will help you thrive in the “Future of Work”
3. You need a guided Readiness Programs to unlock Career pathways in fast growing fields.