words 'global economy' are on everyone's lips today. From
aggressively successful entrepreneurs and steel magnates
to bio-techies and event management experts, everyone's
talking about expanding their businesses across continents.
open economies and decreasing governmental controls are
allowing companies to break geographical barriers. After
the fall of the socialist economies, a new world order
is emerging, which is a heady mixture of laissez-faire
capitalism and controlled socialism. Countries are vying
with each other for a slice of the economic pie, as old
fears and knee-jerk protectionism disappears behind a
haze of prosperity.
lifting of governmental controls may have helped unleash
the power of a global economic order, but the engine of
prosperity has to be fuelled by the most important ingredienthuman
resources. Recognising the need for a well-qualified and
highly talented workforce, countries across the world
are investing in education and skill development. New
engineering schools and large universities are being set
up, and collaborative efforts across educational institutes
are being encouraged. Increasing investments in higher
education and greater emphasis on high-quality primary
education will power the biggest success stories in the
next decade or two.
more and more well-educated and well-equipped talent emerges,
the task of talent selection becomes even more complex.
Companies find it increasingly difficult to identify and
zero in on the right candidate for the right job. The
onerous task of hiring the best will become more and more
difficult; the situation will be exacerbated by the requirement
of greater numbers of people 'on-the-job'.
Traditional, time-tested avenues of employment making
way for newer opportunities and career paths, and today,
most students are faced with a bewildering array of choicesof
colleges, study subjects, fields of specialisation and
methodologies. Students are faced with the unenviable
task of having to make choices based on popular opinions
or trends. Very few, if any, make choices based on potential
and real aptitude. This means that finally, most new entrants
in the professional field are there because they hope
that they are in the right place and not necessarily because
that is what they like and are good at doing. Identifying
one's own potential and true métier is, therefore,
based on experience as well as trial and error.
from this, we will find that with newer seats of higher
education opening up across the world, the task of getting
oneself noticed by potential employers becomes more difficult.
Highlighting one's abilities and hidden or unique strengths
becomes even more crucial in the race to stand out from
the crowd. Graduates from institutes located in unusual
geographies will be hit even harder, with a new class
structure based on one's graduating institute rather than
one's merit emerging. Both companies and job-seekers lose
in the ensuing chaos. As companies resort to greater eliminatory
tactics, they run the risk of letting real talent slip
through the employment net.
out of the chaos will emerge order. In a truly global
economy, talent seekers from across the world will capture
talent from across the world. In a truly global economy,
there will exist a single, definitive benchmark, providing
a standard methodology to recognise the quality of the
human resource. In a truly global economy, external trappings
will not matter, what will matter is potential and aptitude.
In a truly global economy, the ability to contribute to
a global business will be crucial as geographical boundaries
to hiring get blurred. In a truly global economy, the
playing field will be flat and level, providing opportunity
to all, based on true merit.
The emergence of such a new order has already begun. Companies
are feeling the need for global standards to benchmark
human resources, and academics are encouraging the use
of merit-based candidate selection systems. India's position
as a lead contributor to the global IT human resources
pool will need to be supported by the adoption of global
standards for talent selection.
is out of this need that a council of companies, hiring
experts, technology experts, psychologists, government
agencies and test development experts came together and
set up the Professional Aptitude Council. With a charter
to develop and administer global, industry-standard
examinations on behalf of the IT Industry, PAC helps test
skills and aptitude to make a highly predictive assessment
of a person's ability to perform in an IT job within a
global business setting.