Are you a fresher looking for job? These are your must-have skills
One thing is absolutely clear in today’s highly competitive employment landscape — a degree is sometimes not enough to be job-ready in certain areas.
Skill requirements are witnessing a change at an exponential rate due to continuous advancements in technology. The key is to focus on constantly staying updated with the skills that employers are looking for.
Technology adoption will remain a key driver of business transformation in the next five years. Over 85% of organizations surveyed identify increased adoption of new and frontier technologies and broadening digital access as the trends most likely to drive transformation in their organization. Broader application of Environmental, Social and Governance (ESG) standards within their organizations will also have a significant impact. The next most-impactful trends are macroeconomic: the rising cost of living and slow economic growth. The impact of investments to drive the green transition was judged to be the sixth-most impactful macrotrend, followed by supply shortages and consumer expectations around social and environmental issues. Though still expected to drive the transformation of almost half of companies in the next five years, the ongoing impact of the COVID-19 pandemic, increased geopolitical divisions and demographic dividends in developing and emerging economies were ranked lower as drivers of business evolution by respondents.
The largest job creation and destruction effects come from environmental, technology and economic trends. Among the macrotrends listed, businesses predict the strongest net job-creation effect to be driven by investments that facilitate the green transition of businesses, the broader application of ESG standards and supply chains becoming more localized, albeit with job growth offset by partial job displacement in each case. Climate change adaptation and the demographic dividend in developing and emerging economies also rate high as net job creators. Technological advancement through increased adoption of new and frontier technologies and increased digital access are expected to drive job growth in more than half of surveyed companies, offset by expected job displacement in one-fifth of companies. The net job creation effect places these two trends in 6th and 8th place respectively. The three key drivers of expected net job destruction are slower economic growth, supply shortages and the rising cost of inputs, and the rising cost of living for consumers. Employers also recognize that increased geopolitical divisions and the ongoing impact of the COVID-19 pandemic will drive labour-market disruption – with an even split between employers who expect these trends to have a positive impact and employers who expect them to have a negative impact on jobs.
Sumit Sarabhai, Chief Business Officer, Spectrum Talent Management, a manpower solutions provider, says some skills are always in demand irrespective of the role, and knowing these can keep a candidate relevant in an employment market undergoing a massive transformation. “In a rapidly changing, technology-driven and highly competitive employment market, fresh graduates need a combination of technical, soft and adaptive skills to succeed in various roles.”
