VISION YOUR WORLD AND ACTUALIZE IT.

SKILL is defined as the ability to do something well. The skill profile is a tool for the realization of the organization's philosophy, values, and vision. It is utmost important for the implementation of any business strategy. It leads towards best utilization of resources, human as well as non-human. It develops ability of organization, structural as well as operational. In addition, an efficient and effective system of skills provides best guidelines for evaluation & adjustment of business processes. Skill profile is improved or maintained through a well-defined framework of reward structure of institutional system.

A deficiency in skills, conventional as well as innovative, tends to produce less than optimal returns on efforts, excessive efforts are made by economic agents but moderate returns are achieved. According to the World Bank, a faster and sustainable economic growth requires three fundamental factors: Human Capital, Physical Capital, and Natural Capital. Interestingly, human capital has a major share (64 per cent).

Human nature is inquisitive and absorptive towards some new or novel events. Man is, thus, a permanent learner. A learning activity has two aspects – formal and informal. A learning phenomenon, either formal or informal, can be made a permanent feature of business life by introducing some learning program or by appointing a Chief Learning Officer (CLO). At the organizational level, esp., in SMEs, learning program for skill enhancement is seldom planned and systematic; specifically, Need Analysis, Impact Assessment, and Follow-Up are missing variables of learning program.

WISE gives assistance to organizations to develop self-motivated and self-regulated human resource for efficient (doing things right) and effective (doing the right things) working of system.