Expectations Management for Bridging the Industry Institute Gap: An Empirical Analysis

Author Name(s): Dr. Kanak Wadhwani, Dr. Rahul Mohare
Author Email: wadhwanik@rknec.edu

Abstract

Higher education especially post graduate programs play an important supply source of skilled manpower to the industry. If the input is far behind the expected quality it would result in poor performance. This ultimately leads to dissatisfaction on the part of Employer, Employee as well as the Institute. In order to curb the menace of issues created, institutes intend to develop a high quality product who meets the expectation of employers. With the increasing incidents of lack of employability skills amongst new joiners, institutes require first hand feedback from the employers themselves as in what is expected in a candidate in such a way that a candidate is termed to be fit for joining. At the same time what institute is expecting from employers should extend assistance to enable students occupy those said skill sets. This paper basically aims at identifying the ways to reduce the gap between employers and institute, resulting in specifying the expectations of both the parties to develop a collaborative relationship. The paper contains descriptive research; it contains the information with respect to current status of relationship between Industry and Academia. Paper also highlights the gaps and expectations between the two. The information obtained through Interviews; Main source of data is Primary through Interviews from academia and Industry

Keywords Industry, Institute, Expectation Management

Introduction

Higher education especially post graduate programs play an important supply source of skilled manpower to the industry. If the input is far behind the expected quality it would result in poor performance. This ultimately leads to dissatisfaction on the part of Employer, Employee as well as the Institute. In order to curb the menace of issues created, institutes intend to develop a high quality product who meets the expectation of employers. With the increasing incidents of lack of employability skills amongst new joiners, institutes require first hand feedback from the employers themselves as in what is expected in a candidate in such a way that a candidate is termed to be fit for joining. At the same time what institute is expecting from employers should extend assistance to enable students occupy those said skill sets. This paper aims at reducing the gap between employers and institute, resulting in specifying the expectations of both the parties to develop a collaborative relationship.

 

Conclusion

It is suggested that the industry can collaborate with the educational institute by identifying & allocating one of their area of work requiring additional time and expertise. It will be beneficial to both industry and institute, as institute will get industry exposure and it will save industry’s time and resources.

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