Key messages covered:
- Wadhwani Foundation convened a CHRO roundtable in Bengaluru to address the gap between job creation and job readiness in India
- Senior HR leaders highlighted that many graduates lack essential workplace skills, leading to high attrition and increased retraining costs for employers
- A major challenge identified is the disconnect between educational institutions and industry, with no structured system to align talent supply with market demand.
- The discussion emphasized the importance of building local talent ecosystems to ensure jobs are filled locally, improving business efficiency and reducing costs
- Wadhwani Foundation introduced its Hyper-Local Talent Ecosystem model that aligns employer needs with training and pre-assessed candidates with a Skill Scorecard
- The model includes post-placement support through JobRise, improving retention and productivity while creating a sustainable pipeline of job-ready talent.
- The Foundation announced the formation of the Karnataka Employer Advisory Committee to shape curricula, signal demand, and co-create local talent pipelines
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