The “human resources are the greatest asset” is a general statement, often heard in corporate boardrooms is true in most of the industries. However, nowhere are human resources as critically important as in the software sector.
Human resources are not only the drivers and principal value-creators of the output of this industry; they are also the intellectual capital or the infrastructure investment. Therefore, attracting, training, retaining and motivating employees are the critical success-determinants of the software industry.
Software is a wealth and job creating industry, which has in just a few years, grown to US $ 1 trillion, employing millions of professionals worldwide. The Indian software industry has burgeoned, showing a nearly 50% compounded annual growth rate over the recent years.
Coping with the Demand-Supply Gap shortage of IT professionals is global in nature and not peculiar to the Indian software industry alone.
Industrial Training Benefits for Students and Company in Nashik
Industrial placement, where a student undertakes a period of training with an organization usually during a semester break, plays an important role in preparing the student for a professional career.
From the hands-on training, the student learns about the skill sets required, demands of the industry and also work ethics. At the same time, it gives the student an opportunity to put into practice what he or she has learned at university.
The industry exposure enhances the undergraduate’s work life through added enthusiasm and commitment; provides a lifelong learning experience; is an opportunity to engage with the profession to which they aspire in a realistic work environment; appreciate and understand the practical application of their academic programmer; work with professional mentors and to begin to build networks within their profession. So, even before the student graduates, he or she is trained to be job-ready, thus increasing the student’s employment prospects.
While the student will have much to gain from industrial placement, the same is also true for organizations which have such training programmes in place. These programmes can be of mutual benefit for employers because they may benefit from the quality of support, fresh ideas and energy that the student brings into the work environment.
Moreover, participating in internship programmes allows the staff of an organization to develop leadership and mentoring skills, create exposure for the company, bring new perspectives and fresh ideas into the work environment. It is also a convenient pathway for the company to recruit human resource as some absorb trainees into their workforce after they graduate.