Knowledge, skill vital for management students: Expert

Vijayawada: Knowledge and skill play important role in fetching a job in top companies, observed AV Subba Rao, professor in the University of Ottawa here on Saturday. He was taking part in the national seminar on 'Talent Management in Knowledge Economy,' organised by the Department of Commerce and Business Administration, PB Siddhartha College of Arts and Science. Speaking on the occasion, he said that talent was nothing but a mixture of knowledge and skill that helps an individual survive and succeed in an organisation. He asked the employees to discern between competition and differentiation. He said that the Gross Domestic Product (GDP) of India was two trillion dollars, in which agriculture constitutes 17 per cent, industry 18 per cent and service sector with a whopping 65 per cent. He said that the GDP of the USA was 15 trillion dollars, in which 63.5 per cent is service sector, 35.3 per cent industry and 5.9 per cent agriculture. He said that 53 per cent of youth in the country was in agriculture, 19 per cent in industry and 70 per cent in service sector. Most of the youth in the USA have been opting for service sector, he said. Observing that the demand for service sector was increasing, he asked the students to improve their skills to sustain in the sector. Resource persons Satish Kadiyala from Capital IQ, Hyderabad, MVSN Murthy from Hindustan Aeronautics Limited, Bangalore, Jatinder Pal Kaur from HAL Avionics Division, Hyderabad, Raj Kumar Pothuraju from IBM India Private Limited, Bangalore, submitted their paper presentations. Efftronics chairman D Rama Krishna, president of the Siddhartha Academy N Venkateswarlu, MBA director Rajesh C Jampala, PG Centre convener C Dutt, and others were present.