DO IT "RIGHT" THE "FIRST TIME" ITSELF-THAT'S "SUCCESS."

INADEQUACY OF SKILLS IS THE BARRIER TO SUCCESS.

Business Leader view inadequacy of skills is the biggest barrier to success and its indeed true. With a glut of new career options being wide open by the economy as well exodus of locally available talents to greener pastures overseas, many industries are facing acute skills shortage . There are several factors contributing to this state of an affair.

Jobs are challenging and requires higher level of skill. The vast majority of jobs today needs some kind of specialised training that goes beyond mere school education and university degrees. The pervasive change in technology is also one of the major contributing factor to the deficiency of the skill,with the skill going obsolete in less than the time it takes to learn it. Another reason could be that our schools and colleges are still not fully equipped to churn out industry ready candidates . Even people with sufficient work experience are lacking in technical,management and leadership skills and competencies. To add to this they lack in skills like persistence,self discipline and self awareness.

Inadequacy of skill is not an isolated crisis, nor a short term hurdle that needs to be tackled with temporary solutions. In fact its a looming problem and if left unresolved, could result in far reaching consequences on future growth and development. With mounting attrition rates and traditional talent pool running dry, its a big ? mark how companies are going to to tackle the skills gap?

Determing the the right solution for eliminating the skills gap challenges begins with research,planning and development at basic level, identifying the skill gap in core business functions and preparing to fill the gap., this could encompass a risk assessment to determine the impact of skills gap.

Imparting training to upgrade the skills of the existing employees is a welcome option. Apart from helping employees update their technical skills. Seminars,workshops, demonstration, on the job training etc can assist the employees improve managerial skills needed in the areas like, supervision,planning, management,problem solving, decision making and team work.

Organisations and the environment in which employees operate are rapidly changing than they were a few decades ago and the chasm between the skills required and that are available too is widening rapidly and this can be expected to continue. However the key to overcome the gap is to be able to adapt and change with the times by planning ahead with future.

PLEASE ALWAYS REMEMBER "DO NOT FAIL TO PLAN ,UNLESS YOU HAVE PLANS TO FAIL."