We all have heard enough stories about successful entrepenerus and CXOs without having professional qualification and yet very successful. While degrees used to hold the key to success at companies, talent acquisition teams are now looking for candidates with a willingness to learn new skills and put their knowledge to use. If you do not believe in traditional education pathways, you can take comfort in knowing an alternative way of becoming professionally successful — by degree-agnostic professional advancement.
Developments in machine learning, automation, and artificial intelligence are changing the world, creating new roles across sectors. However, workplaces are failing to fulfil these roles due to a lack of adequate skills, which makes me emphasize more on pursuing reskilling and upskilling opportunities.
According to the India Skills Report (ISR), only 50.3% graduates are employable in 2023. On the other hand, skill-based roles are snowballing, and this is causing an ever-widening employability gap across a number of industries, including manufacturing, BFSI, and pharmaceuticals. At present, only 12% of the Indian workforce possess digital skills. But, therein lies the opportunity for professionals willing to go that extra mile for learning new-age skills and making themselves job-ready.
There are multiple institutions and companies facilitating this rising need for upskilling, through online and offline means, and the Edutech industry has seen a massive spurt in demand. Bootcamps have emerged who help people skill up like big ones including upgrad or early stage companies like Board Infinity.
This is not just it. Even in the space of higher education players like Sunstone Eduversity and many others act as the bridge between academia and corporates by skilling up people.
Msut read book ‘Can we be equal and excellent too’ by John Gardner ask the relevance of skills and quailifications beautifully! I say that now qualifications gradually are turning as reduntant as Heriditary priveleges mentioned by john in his book.
To conclude, if a degree and diploma, is not your cup of tea, in today’s times, not all is lost. You can choose an area of interest and get skilled in the most wanted skill that employers are searching for. But which are the skills that are currently in demand?