Manpower remains the fundamental requirement for any industry, even those operating with 95% robotic processes.
Skilled manpower is essential for achieving competitiveness and sustainability in today’s highly competitive environment.
External and in-house training institutes supply a talent pool of tech-savvy, fresh professionals, who help minimize process time, reduce input costs, and improve the company’s bottom line. Simultaneously, retention and continuous development of talent remain major challenges.
Modern talent seeks diverse roles and interests. While employees may start in a specific function, it is the responsibility of the functional head to align employee interests with organizational goals, evaluating the cost-effectiveness of in-house vs. external training. This approach enhances employee engagement and allows companies to leverage hidden potential.
Large PSUs and ethical companies retain employees for 20–30 years, driven by ethics, values, and culture. However, retention is also linked to providing employees freedom to choose training programs and opportunities in their areas of interest, without concerns about culture shifts or risk from new assignments. When employee interest aligns with job responsibilities, success becomes inevitable for both the individual and the company.
Technology has transformed the education industry. Virtual classrooms and online education have removed geographical barriers, while distance learning has grown rapidly in the last decade, particularly to serve rural India.
COMPAXED consistently delivers excellence in learning, training, and development, supporting companies, training institutes, in-house HRD teams, and the government to provide world-class education and skill development.
