XLRI Jamshedpur has signed a memorandum of understanding with the Confederation of Indian Industry (CII) and the National Network of Human Resources Development to train managers across the country in competency management.
“Today, HR managers are in great demand, with an estimated 5,00,000 required across industries . But there exists a shortage to the tune of 40%,” Father N Casimir Raj, SJ, director of XLRI, told ET. “This apart, the attrition rate is high as people are not sure what areas they can excel in. The training has been designed to check these trends,” he added.
As part of this programme, XLRI will prepare an instrument to measure competency required for various levels of managers in different industries. This will be validated and the questionnaire administered to people to determine their strengths and weaknesses.