Saturday, October 2, 2010

Globalization: Not a Clinical Trial!

In today’s digital world, the physical borders are only intangible reality. While each country has its own ways of protecting their people, the protectionism must be carefully calculated and focused.

In India, a recently published article (Article published in Times of India, Oct 3, 2010) reported that around 3800 engineers joined State Bank of India for the clerical positions. In India there is a substantial overflow of engineers. While in USA, due to extreme shortage, engineering is one of the hardest Jobs to fill according to the article[1] published by Forbes. When asked by Forbes, why are engineers so hard to find in United States? "We have whole generations of people loving liberal arts, not going into science and math," says Larry Jacobson, executive director of the National Society of Professional Engineers. The revrese holds for India, where most parent aspire their child to become an engineer or a doctor resulting in highest priority given to science and maths. In this era of digitalization and globalization, there are better ways of bridging these disparities. The key for both contries-the country with surplus and the one with shortage lies in accronym-“ROT”-Right Optimum Training. In our case, for India by providing right optimum training catering to firms demands oversees, rotting of talent can be avoided. While in the case of US, by taking extra efforts and relaxing and encouraging immigration in those sectors, immidiate shortage and needs can be fullfiled while contuing its efforts to encouage students to focus on Math and science. While it may be easier said than done, but if don’t take an effort now it may lead to movement and shifting of operations resulting in further unemployment.
[1] The hardest Jobs to fill in America, Tara Weiss, Forbes.com

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