Tri-Party Collaborative Venture for Non-Professional Technical Skills Formation
Presented in the 14th South Asian Management Forum 2017 Organized by AMDISA of India, Held in Bandos of Maldives during 24-26 April 2017
19 Pages Posted: 16 Nov 2022
Date Written: April 10, 2017
Abstract
More than 60 percent of 160 million people of Bangladesh are youth of which 40 percent are unemployed. These huge numbers of unemployed people need work skills to find wage employment or self-employment. Drawing upon the principles of cooperation and self reliance, this paper theoretically proposes and explains a tri-party collaborative venture for nonprofessional technical skills formation. Lowly educated unemployed youths are the beneficiaries who will receive training to acquire skills and achieve upscale socioeconomic mobility. As nonprofessional technical skills are mostly learned informally and through on-the-job, business houses are posited as the cooperators who shall create scope for training those youths without employing them. Government agency is to assume the role of the facilitator that will provide support for the collaborative ventures. This conceptualization of institutional form of cooperation for non-professional technical skills formation is grounded in intuitive, practical and theory driven insights. For gaining practical insights, collaborative training was graphically presented to two government officials from two training organizations and two senior managers from two private telecom organizations for detailed discussion. The discussion findings were used to develop an interview guide to pool opinions from 13 SME employers. Also, dialogues were arranged 12 youths to elicit information on some specific points relating to skills training.
Following the explanation of the proposed collaborative venture, the paper shares theory-driven insights useful for designing financing and incentive policies on the part of the government agency for putting the proposed and discussed venture into practice. As for novelty of this paper, the proposed collaborative venture as a de facto training center has the potential to be recognized as a model means to enhance corporate social responsibility (CSR) performance.
Keywords: Collaboration, Cooperators, Facilitators, Beneficiaries, Skills formation, Informal training, Incentive Policy
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