Japan Tries Recruiting IT Professionals from India but Didn’t Work
With Japan’s dwindling domestic talent pool, the country is badly in need of foreign talents to fill the gap as well as to revive its dwindling economy.
Supposedly, Japan particularly needs IT engineers as the country is expected to face a deficiency of some 600,000 jobs in the industry in the future. Unfortunately, the latter’s effort in recruiting talents from India didn’t work for a simple reason – Indian talents are better off at home.
Recently, Tokyo tried to reach to Asian countries like India, where it has launched a program called Project Indian Institutes of Technology (PIITs) and invited students from the Indian Institutes of Technology (IIT) to spend their internships at Japanese IT firms.
Tokyo apparently anticipated that the Indian talents will choose to stay with Japanese firms after their internships, but the foreign talents don’t seem very eager to work in Japan.
The problem with Japan is that the country isn’t pretty much prepared to provide what foreign talents really need – a solid career. And, this is most likely due to the lack of right organization, the socioeconomic conditions as well as cultural mindset, which are rampant in Japanese firms.
Also, Indians are said to be better off homes with New Delhi’s preparedness in attracting and retaining new talents.
In fact, in one of the key findings of the 2016-17 International Competitiveness report (World Economic Forum), India ranks 23rd in the capacity to attract new talents, heading over Japan, which ranks 77. Moreover, India ranks ahead of Japan when it comes to retaining talents. This is mainly because talents are highly mobile, and they go where growth and opportunity is.
In the past two decades, Japan has been striving in the swamp of stagnation, while India has been growing at near double-digit rates.