Every business must make efforts to hire relevant people in order to sustain and expand its operations. While discussing appropriate characteristics for recruitment of fresh graduates, Ram Chandra Agarwal, the Chairman and Managing Director of V2, seems to have a lot of unique insights. He also elaborates on the ways to address the mismatch between theoretical education and practical education in the corporate world. V2 Retail has successfully opened over 75 stores across India. Because the company has focused on identifying the right people and nurturing them into competent employees, it has been very successful.
1. Freshers – What to Look For
Analyzing specific factors could ease the task of hiring fresh graduates, particularly in this case. Some of the factors that Mr. Agarwal considers while employing fresh graduates seem rather interesting.
Academic Background: A Good Institute
At the top of the list, Mr. Agarwal mentions strongly recommended grades/academic institutes that an applicant has attended. He believes that candidates from reputed institutions tend to have a higher level of intelligence. This reflects not only successful examination but equally a sound education system.
Advice: Candidates from premier institutions are able to step right into the corporate world owing to the well laid out practices which can be built upon and improved.
Body Language: Confidence and Appearance Do Matter
A specific aspect of the interview frame is that body language has a greater meaning that is not spoken during the interview process. According to Mr. Agarwal’s opinion, a person’s body language reflects his confidence and that he possesses a certain degree of self assurance. It shows how a person presents themselves and their level of self esteem.
Tip: Having a confident and accepting demeanor during an interview will improve the image a candidate portrays more than expected.
Subject Knowledge: Having Knowledge of Particular Topics
Subject knowledge may not be relevant for freshers but Mr. Agarwal feels that in the case of experienced candidates, there is a need to verify their knowledge of particular subjects. The combination of business knowledge and technical skill is very important for making employment decisions, especially with experience.
Tip: Whenever starting out with working, it pays off to find out and learn around certain basic topics relevant to the industry.
Dedication and Discipline: The Skills Required For Achieving Success In The Long Term
On employment, commitment to one’s work is very important among group members. In Mr. Agarwal’s opinion, employees who are self disciplined towards their work are likely to succeed in life. Everything relies on strong dedication, remaining consistent, and displaying good performance along with achieving set goals.
Tip: Having self-discipline and dedication can facilitate success at the workplace starting from the very first interview day.
Vivid Leadership Skills: Standing Out From The Crowd
A good leader is viewed to have the capability of controlling people as well as steering them little by little to achieve their objectives. Mr. Agarwal enjoys reviewing the candidate’s resumes since he is not surprised to come across people who can exhibit leadership capacities even if they have never been in charge of teams.
Tip: In children’s schools, there should be logs of all projects done by children proactively without directions.
2. Practical Application of Theory Learned in Classrooms
There is often a major deviation from what is delivered in Institutions and what is required in the professional market. He, too, feels that some of these challenges need to be tackled so as to assist and make the students more employable.
For instance, students will never have competent knowledge say theory alone, given they are to make use of it. It is Mr. Agarwal’s contention that students are not able to grasp ideas adequately when they are just given the history of a topic. Formulation of strategies in real life situations requires the students getting into the details.
Tip: Students should partake in project work, internships, and other sorts of problem-solving which are directed toward the business world.
Practical Knowledge Over Theoretical Learning
In the students’ early ages in school have to be confronted with real life business situations. Mr. Agarwal stressed the importance of being one step ahead of the business world by explaining what it takes to write a business plan, carry out market research, or operate a company, which are essential in the corporate world.
Tip: There needs to be moved away from having most principles of education taught at the classroom in a theoretical manner with little or no practical work towards enabling the learner to perform the practical skill in the marketplace.
The learning concepts of business from an early stage is a good thing
Mr.Jasmeet firmly believes that introducing business subject at grade 8, gives the students an advantage. Understanding how to handle money, write business plans, and conduct market research will certainly helpstudents in their later endeavors.
Tip: Starting at a younger age allows students to grasp business concepts, which can greatly enhance their understanding of various concepts and how they operate within the economy.
Teaching MBA students how to overcome hurdles in the business world
Mr.Agarwal’sdissapointment is that even at the MBA stage, a student shifts his focus from academics often renders them unprepared for the actual business world. Mr. Agarwal’s observation is that the education they receive from universities is hardly what is expected from them in the corporate world. He recommends more practical business components at graduate school.
Tip: Business schools should include more projects and reports that address real life business challenges.
3. How to Measure Integrity of Candidates
Having strong work ethics makes a candidate more likely to succeed professionally. Mr. Agarwal explains how measuring the ethics of a candidate’s integrity becomes a challenge when building trust-based organizations, especially since all forms of employment contain ethical dimensions.
It is About Integrity in Action
A person’s integrity is not visible right away. Based on his impression of the candidate, Mr. Agarwal shares his insight with me and tells me that this detail can only be discerned over a significant period of a person’s life. It is oft presented as a superficial overview on their life story during an interview, but relatively, it is a small fragment of their life history, and their decades of remarkable achievements highlight a completely different narrative.
Tip: When checking the integrity of candidates, be open to check their life history or work history.
Rationale for an Integrity Card
An employee card or certificate pertaining to a wholistic integrity issue could assist in preserving determination of leeding integrity issues. If employees compromised on their integrity and were issued ‘cards of termination’, Mr. Agarwal suggests that such information is stored on the id card. This would promote trust and cooperation within the business environment.
Tip: An integrity management tool can be designed to support and nurture employee accountability and responsibility at the workplace.
Conclusion:
Employing prospective employees is more than verifying their documents; it is about practical competence, self-respect, self-leadership, and even more importantly, his character. With all these determinants put in consideration, it is feasible to hire individuals who will perform beyond expectations within the business environment. In addition, bridging the gap between what is being trained in school and what is required in the workplace makes it easier for new graduates. The right degree of adjustments in curriculum, practical teaching, and enforcement of ethics can produce men and women who are ready to go into business.
This article highlights the aspects one must consider for hiring new graduates, and also attempts to bridge the gap between education and industry through useful processes. If applied appropriately, these processes will significantly increase the possibility of fostering successful business leaders in the company.
Categories: Pocket Money to Professional Salary
More Lifehack Videos