Pivots around addressing up-skilling and employment asymmetry on the path to Industry 4.0
Bengaluru, February 5th 2020: John Wiley & Sons, Inc., a global leader in research and education, hosted the 2nd annual Wiley Global Innovation Conclave. Held on February 5th 2020, at ITC Gardenia, Bengaluru, India, the event congregated digitally determined leaders and industry experts under one roof to deliberate on the challenges faced by leaders and digitally distraught organisations, and shape up potential strategies and solutions to the issues at hand.
More than 50% organizations today struggle with implementation of an exponential digital transformation strategy around talent, culture, change, financial goals and integrated business and technology strategy (IDC Research). The event brought together over 200 participants from Academia and Industry, bespoke speakers and digitally determined leaders and representatives from well-known organisations such as Wells Fargo and Company, Western Digital India, Accenture Ventures, Cleartrip, Bigbasket, to shed insight into a successful transition strategy.
Adding his thoughts, the Global CEO Wiley Brian Napack on his first visit to India said, “Wiley is committed to bridging the digital skills gap between education output and industry need. There is no one government, institution or organization that can do this on their own. The Wiley Global innovation Conclave provides a platform for digital drivers of change to engage in this important dialogue and drive the knowledge economy forward.”
The recent reports have also suggested that more than 40% of hiring is expected to be for talent with less than 5 years of experience. This demographic will be the core driver for on ground implementation of an exponential digital transformation strategy to address growing complexities for successful transition to Industry and Enterprise 4.0.
Elaborating on the intent behind the inception of Wiley Global Innovation Council, Vikas Gupta, Managing Director, Wiley India said, “India at present is experiencing a major skill gap crisis and there are a number of reports corroborating the same. What’s further accelerating this change is the rigorous automation of various operations in organizations, rendering people’s existent skillset redundant in a span of years. As we stand at these crossroads, the existing workforce ecosystem in India demands a paradigm shift. Wiley brings with it a rich legacy of research and education, and extensive experience in leading synergies to establish a stronger connect between the two. Wiley Education Services and WileyNXT are our attempt to bring sustainable bridging solutions to leaders of today, to enable entrepreneurs, business leaders, technology aficionados and the digital transformation intelligentsia for the future in addressing the growing skill and employment asymmetry”
Apart from key discussion and addresses from the Wiley Global and India leadership, Wiley also launched ‘Wiley Innovation Black Book 2020’, in the presence of the 23 authors for the 2020 edition and Wiley Innovation Advisory Council (WIAC) members.
WileyNXT also announced partnerships with leading Institutes including Jain University, SA Engineering College, Lovely Professional University Group of Schools, Rajiv Gandhi Memorial College of Engineering and Technology, KL University, Er.Perumal Manimekalai College of Engineering, DRK Group of Institutions, SV Group of Institutions, Sri Indu College and St.Joseph’s College.
The WileyNXT also announced the launch of Wiley ‘TechitLikeher’ Scholarship, for 100 underprivileged girl students from its partner institutes/colleges across India.
The eventful evening was ceremoniously concluded with a networking dinner.