Process excellence-based technology solutions
The size of the skilled workforce in India is only 2% of the total population. This proportion is extremely low when compared to that of countries such as China (47%), Japan (80%), and South Korea (96%). India will add 130 million people to the 20–49 age group over the next 15 years, while the population in that age group in developed countries will shrink by about 100 million.
To reap the benefits of the ‘demographic dividend’ – which refers to growth in an economy that results from the change in the age structure of a country’s population – India must capitalize on its advantage of a young workforce by developing a skilled manpower base. Indeed, estimates are that by around 2025, 25% of the world’s total workforce will be in India. So, India must create human capital by providing its young people with education, skilling, and employment opportunities.
Both commercial and non-profit organizations in India are stepping up their efforts to make this a reality. And both sectors are realizing not only that there’s a need for different types of education and skilling for employment, but also that process excellence when embedded with technology plays a decisive role in optimizing the value realized by education and skills development.
Here are some case studies about how teams of Genpact Social Impact Fellows created process excellence-based technology solutions for numerous education-focused nonprofit organizations in India.
Take a look at the case studies, here.
The Genpact Social Impact Fellowship team spearheaded a document which elaborates on the host of challenges that the present Covid-19 situation poses, primarily to the education sector and possible solutions.
Thank you for your interest in Sattva.
Do share your contact details with us and you will receive a copy directly to your mailbox!