Labor of love

An extrapolation theory:

There is a labor shortage in India. Would you believe it? True. There is a high volume of talent, yet a fraction of them are employable. Those employable are overworked, unhappy, and eventually quit. They quit without resolving the problem. This problem, in turn, carries forward to the new job.

The new job offers a similar challenge, and the package is slightly better. Soon fatigue kicks in. Fatigue leads to burnout, and that leads to mediocrity in output. Mediocre output leads to resignations, voluntary and involuntary.

The company goes to hire from the market. But the market has the same mediocre pool. The probability of finding the one untouched by fatigue or mediocrity is merely a function of luck by chance and an expensive exercise. So the available pool to pick from begins the cycle again.

Some suggest that automation eliminates human errors and fatigue. While fatigue is real, automation will mean more people have to find newer jobs. Newer jobs mean more unique skill sets are needed. Can the same fatigued people learn more contemporary skill sets? Unlikely.

So newer people with newer skill sets benefit from the outcome of automation. So what do older people with older skill sets do? Update, upgrade, unlearn and then relearn. Possible? Partially.

If we sum up the above, a vast delta remains behind. We are looking at a growing unemployed population shortly. The unemployed population with access to a low-cost or free internet data plan is a bedrock for chaos in socio-economic, political, medical, financial, and civil unrest. If influenced by wrong elements, they disrupt progress and be disposed of as collateral damage in case things go awry.

So what is the solution?

Invest in existing talent, nurture and grow them to be more productive. Train them. Listen to them. Hear them out. Heal them. A healed employee yields better productivity. More productivity yields more output. More output warrants additional hiring and more jobs. More jobs ease the workload per individual.

A lesser workload increases higher efficiency, and more happiness impacts retention. High retention lowers the cost of hiring. Low cost of operations leads to higher margins. Higher margins lead investors to invest more. More investments lead to more opportunities and less unemployment.

End of theory! :)