Workforce Development

Skilled workforce is one of the many crucial elements that contribute to an industry to thrive and the same cannot be denied for the growth of the renewable energy industry in the country. Lack of appropriately skilled manpower has been identified as one of the most prominent challenges in hiring required personnel in the sector.

- Ashish Khanna, MD & CEO Tata Power Solar and President, Tata Power

Workforce development is an essential and ongoing process for organizations that ensures efficiency and cultivation of a dynamic nature of workforce. But to dig deeper into the topic of workforce development we must first understand what the term ‘workforce’ means.

What is workforce? Workforce can be defined as the people engaged in or available for work, either in a country, area or in a particular organization or industry. It not only includes the total number of people employed in the armed forces as well as the civilian jobs but, also the unemployed people who are seeking a paying job.

Workforce development is considered to be an interconnected set of plans and strategies that an organization internally formulates to meet employment needs. It may include the following:

Changes to culture

Changes to behavior

Changes to attitude

Changes to potential; etc.

All these above mentioned factors act as a force in driving the organization towards a positive influence that enables the achievement of business’ future success. Workforce is also often interlinked with employee development and is a vital pillar in business growth.

Workforce development is achieved by first and foremost, preparing workers with the specific types of skills necessary for a specific type of job.

Some of the major emerging technologies that can be taken into consideration while working towards development of workforce are:

1. Business Intelligence

Business intelligence (BI) is a technology-driven process for analyzing data and presenting actionable information to help executives, managers and other corporate end users make informed business decisions. In retail industries, this is a type of forecast that is essential when it comes to making decisions regarding the appointment of the right people during seasonal hiring.

2. Cloud Technology