VUCA (volatility, uncertainty, complexity, and ambiguity) will soon cease to be a little-known acronym. From a career standpoint, it is becoming an implicit fact of life. Even top-notch qualifications from the world’s best universities might no longer be a guarantee for lifelong employment without the temperament for continuous learning and reskilling. India’s dependency ratio—the ratio of dependants to earners—has seen a steady decline recently, with the number of citizens who fall within the working-age of 15-65 tipping the scale significantly. This bulge in the working-age population began in 2018 and is likely to continue till 2055, or slightly beyond. However, for this demographic to truly prove a dividend, the next generation of Indians need to be appropriately skilled to take advantage of the new opportunities the VUCA world throws at us.
This story is from the October 28, 2019 edition of India Today.
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This story is from the October 28, 2019 edition of India Today.
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