Is talent shortage a reality that is haunting India Inc. or is HR somehow falling short to source the talent effectively?
There is no shortage of talent
There have been several news reports about lack of skilled manpower across industries and yet many ’employable’ people are out of jobs. I strongly feel that availability of talent in India is by far more than any other country. The talent is to be first bifurcated into two parts – one who pass out of Institute and the second who are available with experience. While there is a definite surplus and all industry use this pool in building talent pipeline by selecting them through a process and then carefully nurturing them to meet their future requirement. From a batch of say 60 mechanical engineers of a particular institute, they go in IT, manufacturing, service and other such different industries.
