Copyright © Winzest Edutech P Limited - Material contained within this document is confidential and...
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Copyright © Winzest Edutech P Limited - Material contained within this document is confidential and may not be reproduced without prior written consent. www.winzest.com Training in India 2009 February For World Bank delegation
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Transcript of Copyright © Winzest Edutech P Limited - Material contained within this document is confidential and...
Copyright © Winzest Edutech P Limited - Material contained within this document is confidential and may not be reproduced without prior written consent.
www.winzest.com
Training in India
2009 February
For World Bank delegation
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Copyright © Winzest Edutech P Limited - Material contained within this document is confidential and may not be reproduced without prior written consent.
India – Some facts
India is a large country 1.2 Billion people
… with a large supply of talent 4 million graduates produced every year
About 0.5 million technology graduates (Engineers) and 3.5 million general graduates
... but talent not immediately “employable”; 3 million of the 4 million graduates do not get a job immediately after graduation
… a largely untrained nation 95% of the youth in the 15-25 years age group are trained formally in a skill/competency
in the developed world
In India just about 5% get this formal training
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Source : BCG
47Mn
19Mn 7
Mn
3Mn
5Mn3Mn
India
Bangladesh
PakistanIran
Brazil
Mexico
Philippines
5Mn
4MnVietnam
2Mn
Turkey
-10Mn
China
-6Mn
Russia
5Mn
Indonesia
1Mn
Malaysia
0Mn
Ireland
Israel0Mn
Iraq
2Mn
-1Mn
CzechRepublic
4Mn
Egypt
-17MnUS *
-2 MnUK
-2 Mn
Italy
-3 Mn
France
-9 Mn Japan* -5.6 m in 2010
Global working age population 2020
With an increasing imbalance in the global workforce, India’s demographic advantage is likely to be a key driver of future growth. By 2020 India will have 47Mn workforce.
With an increasing imbalance in the global workforce, India’s demographic advantage is likely to be a key driver of future growth. By 2020 India will have 47Mn workforce.
3
India’s Demographic Forecast
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Copyright © Winzest Edutech P Limited - Material contained within this document is confidential and may not be reproduced without prior written consent.
Retail Channels-Print Ads-SMS-Emails-Tele-Calls-Posters/Flyers
Government-Job Schemes-Job fairs-Career drives
Student Recruitment
Employers
Em
plo
yer
Sele
cti
on
Pro
cess
Training Services
ITES- Business Processes - Financial Ops- US Taxation
Universities -Seminars-Scholarship tests-Event sponsorship
About Winzest : The model
Trained Talent
Industry Oversigh
t
Can
did
ate
Seg
reg
ati
on
an
d F
itm
en
t
Com
pre
hen
siv
e A
ssessm
en
t
Scre
en
ing
an
d P
re-s
ele
cti
on
Financial Services- Insurance Sales- Capital Markets
Train & Hire
ITES
Financial Services
Other
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Setting up a small Training Institute
What do you need for a job-oriented TI ?
Registered Entity
Training Team
Industry Relations Team
Sales and Operations Team
Infrastructure
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Setting up a small Training Institute
ITES/IT Training Infrastructure
• For a 200 seat facility
• Class rooms• Between 30-60 seats optimal• Projectors good• Internet connection helps• Air-conditioned or well ventilated
• Computer lab• 50 seat networked computer lab• Internet (2 Mbps connection)
• Public transport connectivity important
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Setting up a small Training Institute
Challenges
Perception – Is training required ?
Too many unprofessional Training Institutes
Funding – primarily a brick-and-mortar model
Hiring and retaining good training team
Keeping curriculum relevant
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Student Acquisition
The right “Channels” Retail
SMS, Email, Tele-Calls Print Ads, Flyers, Posters, Events, Seminars
Government Job Schemes, Job Fairs
Universities Seminars, Event sponsorship Scholarship Tests
The right “Target Population” Urban grown
Urban migrants
Rural/Semi-urban
The right “Program Offerings”
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Student Assessment
Systematic Assessment All candidates undergo this assessment Assessment used for student identification, filtering, monitoring and feedback Sample Assessment
S.No ID No. Name of the Candidate
Qu
anti
tati
ve
Ver
bal
ab
ility
Co
nte
nt
Gra
mm
er
Pu
nct
uat
ion
Wo
rds
Per
Min
ute
Acc
ura
cy
Co
mm
un
icat
ion
Co
mp
reh
end
Vo
ice
Cla
rity
Flu
ency
Gra
mm
ar
MT
I
Gro
om
ing
an
d P
rese
nta
bili
ty
Eti
qu
ette
Gen
eral
Att
itu
de
Nig
ht
shif
ts
Rel
oca
tio
n
1 M.Lavanya 2 1 3 3 2 3 3 2 1 1 1 3 3 3 N. N
2 P.Poornima 1 1 2 2 2 3 3 2 2 3 2 3 3 3 N. Y
3 Yamini Priya 2 2 3 2 1 2 3 2 2 2 1 3 3 3 N N
4 Hari Krishna 2 2 1 1 1 2 2 2 1 1 1 2 2 2 Y Y
5 K.Swapna 2 3 1 1 1 2 1 1 1 1 1 2 1 2 N N
Grades for PIR and Interview : 1 - Poor , 2 - Average , 3 - Good , 4 - Very Good , 5 - ExcellentGrades for Written Test : Marks : 1 = 10-20 ; 2 = 20-40 ; 3 = 40-60 ; 4 = 60-80 ; 5 = 80-100Grades for Typing Test : Words : 1 = 10-20 ; 2 = 20-40 ; 3 = 40-60 ; 4 = 60-80 ; 5 = 80-100Y : Yes ; N : No
Written Test Type InterviewOver All Report
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Industry Relations
Industry (Employers) plays a critical role in the success of such training
Industry roles
Help creation program Industry participation important to create a new program Likelihood of program success high here
Help in oversight and support Constantly monitor the curriculum to ensure relevance Support with required training and guest lectures Constant feedback to students and the institute Internship support
Recruit students Recruit from the talent created from such programs
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Program/Course Design
Industry Driven
Standards Driven Industry Endorsed
Self Driven
Design Complexity
1
2 3
4
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Winzest – Next steps
Expand Geographic presence AP State this year, All-India next and then Overseas
Expand Funding sources Currently private funded. Induct external and professional funding.
Expand Training product offerings Work with Companies in different sectors Have training programs for everyone and for different industry
segments
Expand target talent pool Currently programs focussed on Graduates Move to livelihood programs for the rural and semi-educated
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Thank You
Vijay PasupulatiVice President
Winzest Edutech Private LimitedPhone: (040) 6644 3040 | Fax: (040) 6644 3045
8-3-214/2/C/1 Ameerpet, Lane opp. Huda Swarnajayanti, Hyderabad - 500 038
