JUST ARRIVED 71 per cent of B-school students professionals with an HR specialisation feel a career in HR can lead them to CEO positions
EY’s survey of Indian B-school students in 2014, titled New entrants to the VUCA World, presents a broad picture of B-school students’ perceptions and priorities guiding their decisions on the attraction of and retention in organisations. For the report, over a 1000 students and B-school professionals across India were surveyed.
HR is attracting `best in class’ talent, with 88 per cent of the respondents (from HR) con firming that HR was their first choice of specialisation; Around 71 per cent of the respondents with an HR specialisation felt that it is likely that a career in HR can lead to the position of CEO; only 34 per cent of the respondents from other specialisations were of this opinion; More than 50 per cent of the respondents with an HR specialisation indicated their willingness to remain in the HR profession for more than 15 years -the highest in comparison with all other specialisations; According to 71 per cent of the respondents, work-life balance is (or would be) more important than rewards and recognition in their choice of organisations; According to 77 per cent of the respondents, they were attracted by an organisation’s ability to provide an opportunity for innovation and learning (symbolic) rather than its brand (institutional); Findings indicate that 42 per cent of the respondents would remain in organisations that provides them career opportunities; Great learning opportunities constitute the single most critical factor influencing students’ choice of employers; According to students, vision, communication skills and perseverance are the key competencies required. According to Bschool management, flexibility or adaptability, comfort with problem-solving and decision making in an ambiguous environment are the key competencies needed; Almost 90 per cent of the respondents believe that B-schools are adequately preparing students to face work-related challenges in the corporate environment; According to more than 50 per cent of the respondents, career opportunities constitute the critical retention factor for students.
Source: Times of India