Solutions
Inadequacy of infrastructure is the speed breaker in the race towards globalization. Infrastructure in India is at the brink of a break-down with shortages across the spectrum, from the power situation to the roads and other transport systems. A fact that has been reiterated in an approach paper to the 11th five-year plan, submitted by the Indian Planning Commission. The proposal recommends increasing infrastructure spend from 4.6% to 8% of our GDP. In this context, privatization appears to be the way forward. Performance graphs of sectors like Telecom and Civil Aviation have depicted favorable trends post-privatization. Other infrastructure sectors and the industry at large could also benefit from opening up these sectors.
The primary challenges of this sector are:
Shortage of skilled manpower
Training a geographically spread workforce
High attrition rate
Lack of retention policies
Inadequate training to address Industry needs.
24x7 Learning's Talent Lifecycle ManagementSM solution will help the industry meet the challenges. Through its end-to-end Learning solutions 24x7 Learning can help reach out domain specific training programs to groom managers, senior managers and the leadership in the infrastructure sector. Since infrastructure involves a great deal of people management, even the managers need to be highly competent in people management, viable skills, business insights, analytic skills, succession planning, and resource development to be successful in their positions and to move up the value chain.
24x7 Learning has the capability to build a corporate virtual university to address each of the training needs above. Through this we can effectively and cost efficiently reach out standardized Learning programs to a large number of geographically dispersed employees and help them provide the best in class services across regions.
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