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Industry-Ready HRD: Need of the Hour

Year 2013
Volume/Issue/Review Month Vol. - VI | Issue I | January
Title Industry-Ready HRD: Need of the Hour
Authors Prabir Chandra Padhy
Broad area Industry-Ready HRD: Need of the Hour
Abstract
Developing industry-ready human resources is a big challenge for India in
the prevailing socio-technical system. At the cross-roads of competitive
business practices, Indian industries demand huge job openings; whereas
the young Indian professionals have less or no jobs. This is the outcome of a
mismatch between the demand and supply of human resources of HRD
centers with respect to the industry. A sustainable business model for
developing human resources to leverage employable people to the market
is described in this paper. The purpose of the paper is to propagate design
thinking amongst the practicing managers, professionals, academicians,
researchers, students and society at large. The careful design of HRD process
eliminates all types of mismatches, suitably capturing the voice of the
industries, for a better ‘fit for use’ or quality. The paper is based on the concepts
of ‘product design and development’.
Description Indian economy even after the six decades of its independence faces unemployment as a major issue. This is probably due to highly competitive business environment that succumbs to huge job openings to meet the variety of requirements arising out of new ad
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