Talentonomics

Disruptive Business Model for creating a Skilled Skull

A Strategy by Hyderabad AO

Strategized by

Uday Kanth Setti Girish Daramoni Suresh Kumar G

Copyright © 2016 Mahindra & Mahindra Ltd. All rights reserved. 1

 Business Challenge

Background  Manpower in todays scenarios play a vital

role in analyzing the gap for business
1.Every Country has a fight to prove expectations vs realities.
its economic superiority.
 It is not just the people but having the
2. This economic superiority kicks right people makes a difference
in an upbeat in the market.
 While war for Talent is persistent and so
leveraging on Talent is economics, hence
3. The upbeat developed in the ……………….
market would throw pool of
opportunities for the employment.

4. Thus increasing the attrition (20- Talentonomics

25% in the front line & 7-10% in the
Key roles).

5. Prejudice in analyzing role

holders skill vs their dexterity.

2
 Skill Level No: Vehicles Produced /Person
Methodology 120%
& Analysis India 8.4
100% 96%

80% Brazil 10.3

80% 75%
68%
Proposed USA
60% 11.5
Solution
40% Mexico 15.3

20% 10%
Uniqueness Japan 16
of the
0%
solution
Korea Japan Germany UK India 0 5 10 15 20

Potential % Skilled in Getting Jobs

impact on 120%
business 100%
96%
80% 75%
80% 68%
60%
Implementat 40% 29% 25% 23%
ion plan 10% 10% 9%
20%
0%
Japan

Brazil

US

India

France

Canada

China

Germany

South Africa

Spain
Scalability
and
Sustainability
of solution
3
 Manpower Distribution – Qualification wise
80% 75%
70%
60% 55%
Methodology
50%
& Analysis
40%
30% 20%
20% 10%
14%
5% 5% 8%
Proposed 10% 0% 2% 4% 2%
Solution 0%
Masters Graduate Engg Diploma Engg ITI / Grad < 12th Std
Voocational (BA/BSC&
Oth)
Uniqueness
of the OEM Dealerships
solution
Manpower Distribution – Qualification wise
Potential 70% 65%
impact on 60%
business
50%
40%
40%

Implementat 30% 25%

ion plan 20% 15% 15%
10% 11% 10% 8%
10%
0% 0% 1%
0%
Scalability
Masters Graduate Engg Diploma Engg ITI / Grad < 12th Std
and
Sustainability Voocational (BA/BSC&
of solution Oth)
Sales Service 4
 Estimated Employment Required(Lakhs) – Auto Industry (2022)
160 145.6
140
Methodology
& Analysis 120 107.5
100
81
80
60
Proposed
Solution 40
18
20
0
Uniqueness Cars CV 2 Wheelers 3 Wheelers
of the Cars CV 2 Wheelers 3 Wheelers
solution

Age wise Employment Employment Contribution - Zone

Potential
impact on
398.4 Mn 567.6 Mn
business
6%4%
28% 31% 13%
Implementat 44%
ion plan
33%
41%
Scalability
and 444.6 Mn
Sustainability
of solution 0 - 14 Years 0 - 19 Years 15 - 29 Years South West North East Central

5
 Nations Employment vis-à-vis Unemployment
Generation / Year
Avg inc
(An Abstract from Union HRD)
Population/Y
r
20 my/yr
Methodology Organized
& Analysis Sector
10th Std Employment
12th Std Higher App 0.5 Mn /
Educatio Yr
n
Proposed
Solution

Uniqueness Illiterates HE
of the 5 mn/yr Failures 50% Failures 2 Mn /
50% Failures
15 mn/yr 3.75 mn/yr
solution 7.5 mn/yr Yr
Rejections By HR 15 mn/yr

Potential
impact on
Sector Self Un
business Employment Employment Employment
App 7 Mn/Yr App 2.5 App 5 Mn/Yr
Mn/Yr
Implementat
ion plan
Training Skill

Scalability Skill Talent

and
Sustainability Talent Employment
of solution
Employment Economics 6
 Create Skill
Methodology
& Analysis Create Employability

Proposed

Mobilization

Certification
Solution

Training &

Placement
Support
Uniqueness
of the
solution

Potential
impact on
business
Map Industry Training Strategy &
Job Requirements
Requirements Certification Process
Student Engagement Technology interface to Scale
Jobs to Certified
Implementat Activities and Standardize
ion plan Operations to create Scale and Ramp-Up capability

Scalability Partnerships with Existing Dealers / Industry Associations / Government

and Bodies / HR Empanelment
Sustainability
of solution
7
 2o Million Prathiba App
Graduates/Year 3% of
2 Million Engg Engineers are
Grad. Placed at Jobs Graduate
Methodology Enrollment
Virtual
& Analysis
Trainings
E Learnings

Proposed
Solution
7%
19%
53%
Uniqueness
21%
of the
solution
Agriculture Services Industry Contruction

Potential
impact on
business

Implementat
ion plan

Scalability
and
Sustainability
of solution
8
 Household
Incomes
High Incomes

Methodology
& Analysis

Proposed
Scope of “Prathiba”
Solution

Uniqueness
of the Low Education
solution
Education
Daksha High Education
Potential ASDC
impact on RRD
business
NSDC

Implementat PMKVY
ion plan MRD

Scalability
and
Sustainability Low Incomes
of solution
9
 Conventional Challenges
 Eligibility for only deprived society
 Conventional classroom based training programs.
 Availabilities & Effectiveness of training programs.
Methodology  Improper & inadequate development of training system.
& Analysis  Coordination b/w training institutions & absence of
partnership with placement agencies
 Too much of theory.
 Training courses post education or Graduation
 Innovation, Resource generation, & Placement
Proposed
Solution
Uniqueness
Scope
Uniqueness
1. Skill in India is now the need of the hour. The proposed
model would be an extended idea for generating/providing  Skill development through
of the
effective E learning Modules for
solution employment under the Minister of rural development.
Under Graduates, Graduates &
2. A virtual pool young minds would be nurtured in line to Post Graduates.
market requirements with an intention to scale up their
Potential skill level.  Lower Input Costs: Devp an app
impact on 3. "Prathibha" would be a unique initiative, learning school and getting sync with our LMS
business for each user.
for all the young graduates to gain live work experience.
 Min Specialized or
4. This would learning forum (Techno Commercial) for Tech,
Organizational inputs.
SA, RM, CRM's with business case studies.
Implementat 5. Prathibha would be empanelled to various dealerships  Sectorial development through
ion plan
through consulting firms. organized learnings with live
6. New of its kind enrolling the young graduates to the scenarios & case studies.

Scalability
curriculum based on their interest.
 Formal & Informal Partnerships
and 7. Reduced risk & cost with an ease of accessibility through
for self employment &
Sustainability various outsourced empanelment's serving at min cost thus entrepreneurial development
of solution ensuring business consistency.
10
 Potential Impact On Business

Methodology
& Analysis
 Perennial Pool of Talent
 Elimination of unexperienced staff
 Certified role holders
Proposed  Increased Customer Satisfaction
Solution  An indirect support to the nations move for Make In India.
 Unique model to match the demand for the Skilled
Uniqueness
Manpower.
of the  A disruptive model with minimum facility & maximum
solution
accessibility thus generating business through enrollments
& placements, not only internally but also externally
Potential
impact on
business
At present the capacity of skill development in India is around
3.1 million persons per year. The 11th Five Year Plan envisions
Implementat an increase in that capacity to 15 million annually. India has
ion plan
target of creating 500 million skilled workers by 2022. Thus,
there is a need for increasing capacity and capability of skill
Scalability
and
development programs.
Sustainability
of solution Brand extension and enhanced delivery quality
11
Methodology
& Analysis

Proposed
Solution
Implementation plan

Uniqueness
of the
 Ensure the following dimensions are captured in your
solution implementation plan

Potential – Solutions to address key / major bottlenecks

impact on
business
– Resource Adequacy
Implementat
ion plan – Availability of a Positive Business Case

Scalability – Timelines, predecessor & successor activity links

and
Sustainability
of solution
– Relevance Sustenance 12
 Launch of
Methodology Business Model
& Analysis
Zonal deployment which
includes statewide
coordinators for
Proposed scrutiny
Solution

Uniqueness
of the
solution

Potential
impact on
business
Course Categorization

Implementat
ion plan

Scalability
and
Sustainability
of solution LMS Access
13
 Scale of
Methodology Pool of Talent Economics
& Analysis
Ave No: Graduates Per Year 20000000

Current Requirement of the Industry 5000000

Proposed
Solution No: Registrations for Talentonomics (10%) 500000

Total Placement Cells in India 28000

Uniqueness
of the No of Empanelment's (10%) - to get Reg 2800
solution
Placement Probability of the trained (50%) 250000

Potential Registration fee per candidature 500

impact on
business Placement Fee per candiate 1000

Rev generated through Registrations 250000000

Implementat
ion plan Rev generated through Emapannel Reg per Year 28000000

Rev through Direct Placements (Targeting 30% with a placement

Scalability fee per candiature as Rs 1000 150000000
and
Sustainability
of solution
Total Revenue Per Annum (In Cr) 42.8
14
Thank You

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