Competency Mapping and Business Development
Competency Mapping and Business Development
ON
BY:
URZA SAINI
19BSPDD01C218
1
FINAL REPORT
ON
BY:
URZA SAINI
19BSPDD01C218
MBA PROGRAM OF
IBS DEHDRADUN
COMPANY GUIDE:
FACULTY GUIDE:
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AUTHORISATION
This is declared that this project entitled “Competency Mapping and Business
Development at EduMentor” embodies the original work done by Urza Saini
(19BSPDD01C218) of IBS Dehradun at EduMentor Educational Services during her
Summer Internship Program in 2020. This Report is being submitted as partial
fulfillment of the requirement of MBA program of IBS Dehradun. The findings and
conclusions expressed in this report are genuine and for academic purpose. The
information given herein is after the due consent of the official workings of
“EduMentor Educational Services” and is not available for the usage of any third
party.
The project undertaken is completed under the guidance of Prof. Sanjeev Malaviya,
Faculty Guide and Mr. Gaurang Khurana, Company Guide.
Start and End Dates of Internship – 15th February, 2020 to 22nd May, 2020.
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ACKNOWLEDGEMENT
I take this opportunity to express my gratitude to all of them who in some or the other
way helped me in accomplishing this project at EduMentor Educational Services.
I would take this opportunity to thank each and every one including EduMentor Staff
& my co-interns for their positive support throughout the internship period.
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TABLE OF CONTENTS
Authorisation 3
Acknowledgements 4
Abstract 6
1. Introduction 8
1.1 Education Industry Analysis 8
1.1.1 Key Segments in Education Industry 9
1.1.2 Key Trends in Education Industry 10
1.2 Coaching Industry Analysis 11
1.3 Company Analysis 12
1.3.1 Company History 12
1.3.2 Company Vision 12
1.3.3 Programs 13
1.3.4 Company Structure 14
1.3.5 Centres in Delhi & NCR 16
1.3.6 Growth 17
1.3.7 7 P’s of Marketing 18
1.3.8 3 R’s of Marketing 19
1.4 Competitors Analysis 20
2. Project Description 22
2.1 Objectives 22
2.2 Scope 23
2.3 Limitations 23
3. Competency Mapping 24
3.1 Applications of Competency Mapping 24
3.2 Competency Mapping Process 26
3.3 Tools of Competency Mapping 27
3.4 Competency Mapping at EduMentor 29
3.5 Roles & Responsibilities undertaken throughout the Competency Based
Recruitment Process 34
4. Business Development 42
4.1 Business Development at EduMentor 42
4.1.1 Segmentation, Targeting & Positioning 43
4.1.2 Value Creation Activities 45
4.1.3 Business Expansion Activities 46
4.2 Roles & Responsibilities undertaken for the Introduction &
Management of the New Product 49
5. Correlation between Competency Mapping & Business Development 53
Learning & Recommendations 55
Conclusion 57
References 58
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ABSTRACT
STAGE 2: 21st March, 2020 – 22nd May, 2020 (Work from Home)
Knowledge training regarding the new service product i.e, online classroom.
Management of new service product by coordinating with other departments.
Work with the content/IT team to provide the students with study material on
time.
Intern hiring.
Feedback management.
As part of the SIP, I was assigned to the HR Department which is overseen by Mr.
Gaurang Khurana (Executive General Manager). HR Department is responsible for
scheduling trial classes to check the competencies of the applicants and then select the
best among them as per the requirements. This Department works as a coordinator
between other departments and is also responsible for smooth functioning of activities
throughout the organization.
I, as a core team member, have helped the organization in selecting the best faculties
to provide students with high quality of Education. Also, in managing their new
service product i.e, online classroom.
On account of being part of this organization, I have the opportunity to learn &
develop my skills like team work, influencing, motivating team, decision making,
content writing, handling & understanding queries.
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List of Illustrations –
7
1. INTRODUCTION
India has over 250 million school going students, which is more than any other
country. It also has one of the largest networks of higher education institutions in the
world. A number of colleges and universities in India reached 39,050 and 903,
respectively in 2017-18. India had 36.64 million students enrolled in higher education
in 2017-18. Gross Enrolment Ratio in higher education reached 25.8 per cent in 2017-
18. The education sector in India remains to be a strategic priority of the government.
However, this is not the case in many developing countries around the world as
governments fall short of these expectations. Educational institutions there struggle to
deliver required skills for its workforce. This may be attributed to limited resources,
few schools, poor infrastructure, poor management, etc.
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1.1.1-KEY SEGMENTS IN EDUCATION INDUSRTY
The The
Consumers. Institutions.
The
Workers.
Figure 1 – Key Segments in Education Industry
The Institutions: They include the various public and private schools, colleges, and
universities. Vocational education centers also provide job-oriented education through
the apprenticeship. Other institutions include charter schools, special schools,
coaching centres, tuition centres, etc.
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1.1.2-KEY TRENDS IN EDUCATION INDUSTRY
The use of
The rise of online
augmented reality
academies.
and virtual reality.
The rise of
textbook rentals
and open-source
textbooks.
Figure 2 – Key Trends in Education Industry
The education industry is undergoing many changes with time. Startups are now
filling in gaps and faults in the industry by leveraging new technologies. They are
bringing forward new innovative ideas which if implemented can help re-shape the
education industry.
The rise of online academics: Online academics are becoming popular because of
the real-time and interactive atmosphere which they provide. While leveraging
available interactive multimedia technologies like live-streaming and video-
conferencing, students can now complete their courses entirely online. Students and
teachers/lecturers interact and hold discussions in a classroom-like environment over
the internet. Universities aren’t being left behind and more and more online programs
and distant learning models are being established.
The use of augmented reality and virtual reality: Augmented reality technology is
now being utilized to enhance learning by displaying virtual 3D models on 2D spaces.
Educators, especially those in science and engineering, can now make interactive
presentations and models without the tedious work of creating physical models. By
use of Virtual Reality, simulations which would have been run only on computers can
now be run in virtual reality space. This allows the users to experience the exact
conditions as they would in a real-world setting, which is a big stride in educational
research and training.
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1.2-COACHING INDUSTRY ANALYSIS
Coaching classes have emerged as the prominent education system in India and with a
median age of 25 years, India has over 550 million people below the age of 25 years.
According to Census figures, over 32 per cent of the 1.1 billion population is between
the age group 0-14 years. This means that the number of people in India needing
primary and secondary education alone exceeds the entire population of the US.
The private sector is estimated to reach US$ 115 billion by 2018, according to the
consulting firm Technopak. It predicts the enrolments into under graduate courses are
growing immensely, requiring an additional 34 million seats by 2018.
The coaching classes market consists of Private Tuitions Market and Entrance
Test Preparation Market. The market is highly fragmented and regional in nature.
Local players still dominate the industry contributing to about 70% of the total
revenues generated by this industry.
Private Tuition Industry involves students from grade 5 to grade 12, who supplement
their formal education along with coaching classes for various subjects.
Entrance test Preparation Industry on the other hand involves coaching for various
entrance examinations like IITJEE, CAT, CLAT, NEET and CA exam levels. This
preparation is very process driven and involves engaging students with proper study
materials. This industry witnesses fierce competitions with various established market
players operating and competing with differentiated strategies. This industry is
expected to grow further due to increasing competition for various competitive exams.
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1.3-COMPANY ANALYSIS
1.3.1-COMPANY HISTORY
IPM – IIM
BMS
BBA (FIA)
BBE
B.EL.ED
BCA
For the past 14 years, the main reason for EduMentors’ success is their approach to
mentoring students along with teaching them and focusing on quality more than
quantity. EduMentor hires over 150+ faculty members to mentor their students.
1.3.2-COMPANY VISION
EduMENTOR was established with the goal of providing specialized coaching to the
students who seek admission in BBS / BBA / BBE. Our aim was not just to open a
coaching institute but rather to create a knowledge hub where students are the top
priority. That is the reason why our faculties consist only of those who have been to
the best BBA/BBS/BBE & MBA institutes making us ‘The Only Specialist
BBA/BBS/BBE Entrance Coaching Institute’. At EduMENTOR our core competency
lies more in mentoring our students to the right path of education than merely
preparing them to achieve the best results.
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1.3.3-PROGRAMS
SOHA
ROB
CC
DROPPERS
SOHA Batch: School of Higher Achievers. This is a yearlong batch running for one
or two years. In this batch students enrolled themselves when they took admission in
class 11th or 12th for preparation of entrance exam for undergraduate courses like
BBA, BMS and BCA etc.
ROB Batch: Result Oriented Batch. This batch is for students who have enrolled
themselves in September 2019 for the preparation of entrance exams starting from
March 2020.This early enrolments help them in keeping the track of different colleges
and necessary information regarding admissions and courses.
CC: Crash Course. This batch is for students who have enrolled themselves in real
time i.e. in the month of March 2020 for the preparation of entrance examinations.
Droppers Batch: This batch is for students who have dropped after their school for
the preparation of entrance exams of undergraduate courses.
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1.3.4-COMPANY STRUCTURE
The organization has a centralised management system with head office at Preet
Vihar. The 17 centres are divided into 4 zones i.e., North, East, West and NCR.
EduMentor has a workforce of around 40-45 people with both full-time employees as
well as Interns.
Though the employees and the interns have to play multiple roles the company can be
divided into various functional areas:
Human
Marketing
Sales Team Resource
Team
Team
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Marketing Team: This team is responsible for planning and execution of marketing
strategies mainly the board centre activity (BCA). After the execution of the
marketing plan, the marketing team is dissolved barring a few people and merged with
the sales team.
Sales Team: The sales team or the counseling team is responsible for converting the
leads generated by the marketing activity. This involves doing the proper counseling
of the student on phone, in a face-to-face meeting and also to convince him/her for
joining EduMentor.
Human Resource Team: The HR team is responsible for the hiring of quality
faculties for product delivery in the classroom. The task of Human Resource at
EduMentor is quite challenging as the team hires faculties by carefully selecting each
faculty member having efficient skills, and this is done by analyzing a huge data and
also by targeting top B-Schools like IIM, IIFT, IMT, etc.
Operations Team: The Operations Team is responsible for handling the centre. They
act as a medium of communication between the students and the core management
team of EduMentor. They are required to solve any issue related to students like
arranging specific classes, providing the students with the study material, conducting
mock tests and continuously motivating them to perform better.
Content & IT Team: The content team is a backhand support team for all the
students studying at the EduMentor. This team is responsible for conducting online
Mock test as well as developing the good content for the students with new material.
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1.3.5-CENTRES IN DELHI AND NCR
For better implementation of strategies and good service delivery, EduMentor has
divided its operating area into four major zones. With each zone comprising of
multiple centres. This is done so that the academics, marketing, sales and operations
can be managed by the central core team efficiently.
Given below is the segmentation of the zones in which EduMentor has divided its
operating area along with their respective centres.
Dilshad
Garden Patel Nagar Prashant Vihar Sahibabad
Paschim Vihar
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1.3.6-GROWTH OVER THE YEARS
Edumentor started with just one centre and it kept on increasing with regular intervals
and now Edumentor has 17 centres along with 3000+ students with the best results
amongst its competitors. We have the most number of selections in IIM-IPM which
has only 120 seats every year around 50 students that get selected for GD, PI are from
EduMentor.
EduMentor manages its centres by dividing Delhi into four zones namely
North
East
NCR
West
We provide our services even in those areas where other institutes avoid entering.
3000
2500
2000
1500
1000
500
0
2006 2007 2008 2009 2010 2019 2020
YEARS
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1.3.7-7P’s OF MARKETING AT EDUMENTOR
PRODUCT
•Management (BBA/BMS/BBS)
•Law BA/BBA LLB
•Hotel Management
•Mass Communication
•B.El.ED
PRICE
• Higher for Private Schools
• Lower for Government Schools
PLACE
• East Delhi
• North Delhi
• West Delhi
• Noida & Ghaziabad
PROMOTION
•School Counselling/Seminars
•Workshops
•Board Centre Activity
•Telephonic & Personal Counselling
•Word of Mouth
PEOPLE
•Marketing Team
•Sales Team
•HR Team
•Operations Team
•Content & IT Team
PROCESS
• Data gathering & calling students for counselling.
• Making sure the MIS is updated both at the centre & head office.
• Making sure the fees are paid withing a month after classes have started.
• Handling student queries efficiently.
PHYSICAL EVIDENCE
• Study Material given.
• Receipt given when they pay for enrolling in the classes.
Figure 7 – 7Ps of Marketing at EduMentor
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1.3.8-3 R’s OF MARKETING AT EDUMENTOR
REACH
Having multiple centres in
each location; all locations
connected through Metro Rail
Service.
RECOGNITION
REPUTE Past year results with
Toppers and top 10% of more than 50%
various schools were conversion rate of
enrolled with students enrolled and
EduMentor. the number of seats
available in each course.
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1.4-COMPETITORS ANALYSIS
• IMS
• Pratham
• Career Launcher
• TIME (Triumphant Institute of Management Studies)
• New Parameters
• Smart Careers
• Singh Study Circle
• Teachwell etc.
Of which IMS, Pratham and Career Launcher are the major competitors and Singh
Study Circle and Teachwell are new and localized competitors.
Every competitor of EduMentor has its own strengths and weaknesses. Some of which
are mentioned in the table below.
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MARKET SHARE OF MAJOR PLAYERS
Sales
4%
6%
EduMentor
7% 27%
IMS
Pratham
12%
Career Launcher
Time
Smart Careers
17%
27% New Parameter
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2. PROJECT DESCRIPTION
1. Competency Mapping,
2. Business Development, and
3. Correlation between Competency mapping & Business Development
2.1-OBJECTIVES
Main objectives:
Other objectives:
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2.2-SCOPE
Besides getting a birds view of Educational Industry, the study will focus on the
sourcing strategies followed at EduMentor Educational Services. This will involve
understanding of requirements of the Institute and challenges faced by them and
gaining practical experience of the recruitment process undertaken by the company.
The main focus of the project is to know how various tasks of HR are performed in
the organization. The main aim of the project is to understand the competency model
used by the company and how it is helpful for the development of any business. Apart
from this the study will also focus on various strategies followed by the company for
business development and creation of long term value.
2.3-LIMITATIONS
Every study has some limitations. So this study is also bound with some
limitations. Some limitations are
1. Company covers only Delhi and NCR region, so it becomes difficult to schedule
the interview of applicants from remaining parts of India because the process
happens only at the head office of EduMentor.
2. This is a short term opening- only for 3 months whereas many applicants are
willing to work for full time. Therefore, it becomes a challenge to recruit only for
2-3 months.
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3. COMPETENCY MAPPING
In other words, Competency mapping is the process of identifying the specific skills,
knowledge, abilities, and behaviors required to operate effectively in a specific job or
organization.
Succession
Job Analysis Recruitment
Planning
Individual
Development
Plan
Figure 11 – Applications of Competency Mapping
1. Job Evaluation
By analyzing the key skills required to do a job a simple job evaluation can be
prepared. It can help in allocating existing or new resources to the specific job based
on the evaluation process
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2. Project Planning
What key tasks can be performed by what resources in the project can easily be
identified through the competency mapping process and helps in project planning.
3. Performance Management
4. Job Analysis
By identifying the key behaviors required to perform each job role, competency
mapping is really useful in preparing job analysis. Not to be confused by Job
description step in competency mapping process where the job roles analyzed for
allocating competencies and behaviors.
5. Succession Planning
The analysis of competencies required for a leadership role and mapping them with
proficiency shown by potential leaders a clear roadmap for succession planning can be
created.
Any developmental need can also be ascertained by mapping the critical competencies
with the current proficiency level demonstrated by an individual vis-à-vis the required
proficiency level for the position.
6. Recruitment
By identifying key skills required to do the job and also developing a competency-
based interviewing process the organizations can benefit by hiring the most suitable
resources while it helps in all stages of the recruitment process.
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7. Individual Development Plan
Any gaps in desired and current proficiency levels help in developing individual
development plans and learning roadmap for individuals and even job roles and
categories.
Competency mapping, irrespective of the sector and organization, follow steps that
are consistent across its different methods. Sharma and Khanna (2015) in their
research article highlighted eight steps to competency mapping which has been
summarized as follows:
• Identify the organizational structure and list down the grades and levels followed in that organization
Step 2
• Using any suitable method of competency mapping collect data about the core competencies of the
Step 4 employee
• Classify the obtained data into required skill set and further identify the skill levels
Step 5
• Evaluate and confirm the identified skill set with immediate supervisors and heads of other departments
Step 6
• Mapping of competencies
Step 8
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3.3-TOOLS OF COMPETENCY MAPPING
Assessment
Centers
Critical
Questionnaires Incidents
Technique
COMPETENCY Psychometric
Interview MAPPING
TOOLS Assessment
1. Interview
Competency-based interviews may be structured, semi-structured or unstructured
depending on the person conducting the competency mapping. Interview should be
carefully designed so as to provide information about both the easily observed
information and the general disposition and motivation of the employee. Questions
prepared should target each competency and give an overview of the tangible skills
and knowledge possessed by the employee, how he or she acts under certain
conditions, and how they behave with other people. The questions focus on relating
past job performance to future on the job performance. Biasness and distortion of flow
should be avoided as much as possible (Balaji, 2011). If handled effectively,
interviews can prove to be a powerful technique for getting accurate details and
obtaining information which may otherwise be unavailable.
2. Questionnaires
Competency mapping questionnaires consist of a list of questions either standardized
or prepared solely for the purpose of competency mapping which the employees are
expected to fill. There may be competency mapping questionnaire for employees or
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for managers depending on the level at which the mapping is being conducted. One
form of a questionnaire is the Common Metric Questionnaire (CMQ) that makes use
of five domains to examine competencies to improve work performance. These five
domains are as follows: background, contact with people, decision making, physical
and mechanical activity and work setting. Another form is Functional Job Analysis
(FJA) which is a qualitative analysis and breaks the job down to seven parts: things,
data, worker instructions, reasoning, people, mathematics and language. The behavior
and actions of the employees in the seven areas is a part of FJA.
3. Assessment Centers
Assessment centers is a process (and not a location) that helps to determine the
suitability of employees to specific type of employment or job role. Using validated
tests, different elements of the job are simulated. The candidates or employees are
expected to complete a number of assessments specifically designed to assess the key
competencies required for the job role they are applying. These tests focus on
assessing the individual based on their knowledge, skills, attitudes and other
behaviors. An essential feature of this process is using situational test to observe job
specific behavior.
4. Critical Incidents Technique
This technique was developed by Flanagan (1954) and involves direct observation of
the employee in specific situations. The observations should be recorded as accurately
as possible since it would be used to identify behaviors that contribute to success or
failure of individual or organization in a specific situation. First step is to make a list
of good and bad on the job behavior. After this, the supervisors should be trained to
note down incidents when the employee was successful or not successful in meeting
the job requirements. At the end of the year, a balance sheet for each employee is
created to find how well the employee has performed (Balaji, 2011).
5. Psychometric Assessment
These are standardized and scientific tools used to assess the mental capacities and
behavioral styles of employees in an organization. The most commonly
used psychometric assessment is aptitude, achievement and personality testing.
Aptitude tests help to determine the capacity of the individual to acquire with training
a particular type of skill or knowledge. Achievement tests help to determine the level
of proficiency an individual has achieved in a given area. Personality testing gives a
description of the unique traits and characteristics that drive the employee’s behavior.
Apart from these, competency mapping rating scale may also be used as a part of
assessment.
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3.4-COMPETENCY MAPPING AT EDUMENTOR
This responsibility is fulfilled by taking few steps. The steps are mentioned below:
• Competency mapping.
Step 6
Identifying the specific skills, knowledge, abilities, and behaviors required to operate
effectively for various jobs.
Review of the job description to identify the knowledge, skills and abilities required to
perform the critical functions is done. The job description should provide an
indication of the skills necessary for applicants to be successful in a position.
In addition to the tasks performed on the job, the background and experience
requirements can give an indication of the competencies required.
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EduMentor mainly focuses on hiring faculties for teaching students and interns for
various profiles like operations, sales, HR, etc.
List of few competencies that are required for the faculty profile:
1. Interacting Well with Students
2. Creating a Learning Environment
3. Able to Use Varied Teaching Strategies
4. Able to Assess
5. Able to Identify Student Needs
6. Good at Communication
7. Able to Collaborate
8. Maintaining a Professional Appearance
9. Demonstrating a Commitment to the Profession
List of few competencies that are required for the intern profile:
1. Communication
2. Interpersonal
3. Collaboration
4. Time Management
5. Adaptability
6. Critical thinking
Direct Marketing: For the recruitments we used to send mails and also used
tele communication, cold calling and SMS for giving the information regarding
selection process.
Through Online Portals: We used online Portals for posting of vacancies and
also reach out to the deserving candidates through these portals like
Naukri.com, Internshala, Indeed, Times job, Linkedin and EduMentor’s
website.
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Campus recruitment: In this, EduMentor invites graduate students from
Business schools and Graduate colleges. As these part time faculties become
good mentors.
Interns are also approached through campuses for their Summer Internship
Programs.
• Saves time
• Saves money
• Save energy
• Based on requirements
• Easy to reach potential applicants
• Helps in acquiring talent
EduMentor hires not only those faculties who have some prior experience but also
provide opportunities to graduate students who are interested in teaching.
EduMentor identifies the competencies present in the applicants for the faculty profile
through the following process:
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Review of Applications
Written test
Demonstration Round – 1
Demonstration Round – 2
Interview Round
Figure 15 – Process of evaluation of competencies for faculty profile at EduMentor
Each round is an elimination round. Applicants are eliminated if they don’t meet the
needs of the organization at any step. The skills, abilities, knowledge, experience
and/or qualifications are judged by the academic team and HR team at every step of
the selection round.
1. Review of Applications
Screening of resumes for eligible applicants from the ones we receive on the basis of
their qualification and then we are required to contact them for further rounds.
2. Written Test
Applicants are required to give an aptitude test, only for the subject engagements they
are applying for to test their knowledge. Sometimes even class room assignments are
given to solve.
3. Demonstration Rounds
After the test there is a demo session by the applicant to check his confidence,
concepts, way of teaching, and how much ability he/she has to control the class. Most
of the times senior faculty takes this demo and sometimes even students or the interns
are also a part of it.
4. Final Interview Round
Once the demo rounds are done, applicants are required to undergo an interview
round.
Competencies of the applicants are identified with the help of various steps mentioned
above, which help the department in gaining great results in terms of hiring talent.
And on the other hand, competencies of the interns are checked through the following
process:
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Review of Applications
Interview Round - 1
Interview Round - 2
Figure 16 – Process of evaluation of competencies for intern profile at EduMentor
Firstly, applications are reviewed to shortlist the applicants for the other round. Each
round is an elimination round.
Sometimes, due to constraints interviews are conducted on Skype or on other online
platforms. Telephonic Interviews are also conducted to shortlist the applicants when
the applications are in bulk but the requirement is less.
In round 1, basic competencies of the applicants are analyzed by the interviewer like
communication skills, presence of mind, confidence, etc.
Critical analysis of the applicants is done in the final round. It is more of a technical
round.
To hire the interns that meet the competencies required by the company, above steps
are followed by the company.
At EduMentor, the competencies of the applicants are matched with the competencies
required by the organization for fulfillment of objectives of the company.
Applicants with maximum number of competencies get selected. And those who don’t
match much of the competencies required by the organization are rejected.
Once the selection is done, incumbents are placed at the job as per the requirements of
the company. For example, incumbent with good verbal communication and great
working experience would be selected as a verbal trainer while incumbent with
incredible knowledge of math and excellent teaching skills with less experience would
be selected as the quantitative aptitude faculty.
Similarly, interns are placed in the department best suited for them as well as for the
organization on the basis of their competencies and requirements of the company.
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EduMentor not only hires people with knowledge but also look into other skills that
are necessary to provide students with good quality of education.
As a part of HR team the main focus was to hire faculties for the three months of
mentorship at EduMentor. Through Emails, telephonic media, SMS, and cold calling
HR team was inviting eligible applicants from IIM, Business schools and graduate
colleges of India. Basically targeted marketing was done to acquire the required
competencies/talent. After generating the data with the help of targeted marketing, we
were responsible for the segmentation of data, scheduling of appointments, follow
ups, maintenance of data, etc.
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Campus Recruitment
Edumentor hires from campus for opportunities in all their client-serving. Three kinds
of campus hiring takes place:
Graduate campus: Engineering and graduate colleges like Delhi University colleges
and IP University are targeted.
B-Schools: Faculties are hired from B-Schools who have scored well in their CAT
Examinations.
SIP Opportunities: Interns are invited for the Summer Internship Program at
EduMentor.
The campus hiring planning begins by February end and the hiring takes place from
March first week. I contacted 26 colleges including top B-schools like, IIM
Bangalore, XLRI, IIM Indore, FMS, IIFT, etc. and briefed them about the opportunity
that EduMentor offered and mailed them the job description.
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Invitation to the applicants through Emails for the Mentorship Program at EduMentor
Figure 19 – Daily walk-in count of each member of HR team for inviting applicants at EduMentor for the Selection
Process
37
4. Data maintenance of applicants
38
Figure 21 – Data maintenance of applicants applied through campus recruitment
5. Follow ups
After scheduling, there are possibilities that the prospects who agreed to visit the
Head Office for the selection procedure don’t show up due to some reasons. So, to
avoid such complications, we take the follow ups of the applicants every so often.
I was also responsible for handling of queries of the applicants/faculties regarding the
job description, compensation, etc.
I was responsible
to create awareness of internship opportunities through WhatsApp medium
to schedule the interviews of the applicants
to maintain the record of the applicants
to handle the queries of applicants
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Figure 22 – Invitation to the applicants through WhatsApp
40
Figure 24 – Daily update of interviews scheduled
I was provided with the opportunity to take telephonic interviews of the applicants
who applied for the Internship Program at EduMentor. My main responsibility while
taking telephonic interviews was to shortlist the applicants for the final selection
round. I was provided with some parameters on which I had to judge the applicants.
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4. BUSINESS DEVELOPMENT
There are various activities/strategies followed by EduMentor to make its business run
smoothly and render better results.
Dividing the market by grouping the customers with similar tastes and preferences
into one segment is called segmentation. This is more important in a service industry
because of the perish ability and tangibility characteristics, due to which the delivery
of services is different for each customer.
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4.1.1-SEGMENTATION, TARGETING & POSITIONING
1. Segmenting
At EduMentor, the kind of segmentation that is done is, segment marketing, based
on –
2. The segmentation can also be done on the basis of subjects studied at the +2
level. For example, on the basis of streams Commerce, Science or Humanities.
Type of
School
Private Public
School School
Figure 25 – Types of School
Though a student from any stream can apply for these entrances, but the target
market becomes a little specific when considering commerce students, because
often these entrances and other related courses are the first choice for them.
Likewise, even within commerce students, the market can be segmented on the
basis of subjects, especially Mathematics, studied at the +2 level. Mathematics
is essential for the entrance exam of BMS hence, students with mathematics as
their subject can be motivated in that direction.
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2. Targeting
After the primary data collection, the strategy used to reach to the prospective
customers was done on the following segmentation.
3. Positioning
The organization has managed to form a niche for itself, in presence of strong
competition from established players in the market. The positioning of the brand has
been done from the very beginning, on two important propositions-
1. The organization being the only institute for providing specialized coaching to
the students who seek admission in BMS / BBA / BBE. That is the reason why
the faculty consists only of those who have been to the best BBA/BMS/BBE &
MBA colleges, making us- ‘The Only Specialist BBA/BMS/BBE Entrance
Coaching Institute.’ At EduMentor, the core competency lies more in
mentoring the students to the right path of education than merely preparing
them to achieve the best results.
2. The core team comprises of alumni of Shaheed Sukhdev College of Business
Studies and the leading MBA institutes which enable the organization to guide
the students and do the right thing at the right time. Plus, the team, being CBS
alumini, are more aware of the changes which have taken place in the pattern of
the written test, GD and PI over the years. In fact, the core team consists of
members who are involved in suggesting ways of improvement in the selection
process at CBS in capacity of being Alumni of Shaheed Sukhdev College of
Business Studies.
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Segmentation Targeting Positioning
• Subjects, type of • 12th Class • Only specialist
schools, age, etc. students with for management
commerce coaching
background • Value proposition
of more prices for
more benefits
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4.1.3-BUSINESS EXPANSION ACTIVITIES
- SWOT analysis.
- Competitors’ development.
Constant market research: Constant market research is very essential for every
organization in order to expand their business or to create long term value. Market
research keeps the organization updated with all the activities that are happening in
the company’s whereabouts.
Through market research it was realized that competitors are providing online classes
to the students in addition to offline classroom teaching. EduMentor looked at it as an
opportunity to grow and expand their business.
So, to adapt with the competition EduMentor designed its new service product i.e,
online classroom, which provide students an online platform to learn and explore their
interested areas.
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STRENGTH WEAKNESS
7 days classes/week Less visibility and awareness
Strong Product Research and Presence only in Delhi/NCR
Development team
Only operational for 6 months
Young and energetic faculties from top
Colleges Marketing focused on bca activity
provides monitoring to all students Lacking intra-company communication
Provide test lab based materials
SWOT
ANALYSIS
THREAT
High Competition
OPPORTUNITY
New entrants, region specific, like
Diversification to other coaching markets presence of Singh Study circle in West
More visibility, with mass media Delhi
marketing tools More reliable on interns
More permanent centres New entrants with more modern
Formation of online classroom approach
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THE ONLINE CLASSROOM
After analyzing the market, the new service product was launched recently by
EduMentor on 25th March, 2020.
Online classroom provides students the option to study from home with many benefits
like: Flexible schedule and environment, zero travelling cost, Self-discipline and
responsibility, etc.
EduMentor provides two new services to the students, namely, Online classes and
Live classes.
Online classes- recorded videos are provided to the students for the basic
understanding of the topics.
Recorded videos are uploaded on the portal on regular basis.
Live classes- live interaction between students and teachers, help the students to clear
their doubts and provide them with better understanding of the topics being an
interactive session.
Live classes are conducted with the help of zoom app.
In addition to the recorded videos and live classes, recording of live classes is also
provided to the students for better learning and easy understanding.
Daily schedule of the online & live classes is done and uploaded on the portal for the
convenience of the students. The same day it is informed to the faculties and other
departments for the ease of functioning of activities.
Daily online study material in form of PPTs, PDFs, word file, etc. is provided to the
students depending on the schedule. Practice questions and homework is given to the
students on regular intervals.
In addition to above activities, regular doubt clearing sessions take place.
Proper guidance is also provided to each enrolled student.
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4.2-ROLES & RESPONSIBILITIES UNDERTAKEN FOR THE
INTRODUCTION AND MANAGEMENT OF THE NEW PRODUCT
I worked with content department to provide students with online study material in
form of PPTs, PDFs, Doc files, etc. Working along with the content team I was
responsible to help our senior employees in coordinating with other departments for
smooth functioning of activities that are newly installed.
Creating PPTs
I was responsible for creating effective PPTs for the students.
The objective behind providing the students with study material in the form of PPTs,
PDFs, etc, was to make learning a fun experience & to provide them with effective
content for the preparation of entrance exams.
PPTs, PDFs & DOC files were uploaded on the portal everyday for the students.
A proper time table/schedule was followed for delivering the best services to the
students.
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Management of the online portal
Another task that was allotted to me was to manage the online portal.
It included enrolling the students for various courses so that they can access the study
material on the basis of courses registered.
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Management of live classes
Another role that was allotted to me was of a coordinator, which means I was
responsible for managing live classes.
Tasks that I had to perform for the smooth functioning of live classes include:
1. Informing the faculties about the class in advance
2. Reminding the faculties about the class
3. Staying in touch with the faculties throughout the live session so that if any
technical error occurs, it can be solved within few minutes
Apart from these, I was also responsible –
- To ensure interaction
- To ensure decorum
- To ensure students get error free classes
- To ensure recording of live classes are provided to the students on
regular basis
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Figure 32 – Feedback of live classes on weekly basis
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5. CORRELATION BETWEEN COMPETENCY MAPPING AND BUSINESS
DEVELOPMENT
One of the objectives of my report was to understand & analyze how competency
mapping helps in the development of any business.
To accomplish this objective, I collected data from:
Secondary data sources
Review of Literature:
Robert Zaugg & Norbert Thom (2002) established that organisational success can
be achieved only through the establishment of implicit competencies in human
resource management, organisational development and knowledge management.
Competencies help to promote a configurationally model of change and further result
in the excellence of a company. If implicit competencies are successfully developed
into success potentials, and in addition to core competencies, then competitive
advantage can be attained. Authors identified that there is a considerable need for
organisational generalist who have a broad knowledge of organisational work. It
therefore seemed reasonable to speak of a need for organisational competency on all
levels a company, for all categories of employees. Implicit competencies do not
generate themselves; rather, they must be constantly developed and converted into
competitive advantage.
Seema Sanghi (2006) discovered that human competence is undoubtedly the key and
critical element for the success of an organisation and the individual. It calls for a
right blend of right Literature Review 44 person with right competencies. Corporate
core competencies were identified and efforts were made to establish core
competencies throughout the organisation. The author has discussed the personal
competency framework which embraces 45 competencies discussed under six broad
parameters such as intellectual, personal, communication, interpersonal, leadership
and result-oriented.
Lucian Cernusca and Cristina Dima (2007) in their research essay explained the
concept of competency and how competency is linked to performance and one‘s
career development. The authors also look into some models of competency mapping
and appraisal tools for performance management. A business might possess extremely
capable human resources, but they might not work on the position that suits them.
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This is where competency mapping and the appraisal tools come to help the HR
experts choose who should work on what position.
Gaspar (2012) found that Competency based selection method is healthy, structured
and comprehensive. Candidates are evaluated on the competencies they need to
demonstrate, when inducted into the organization. The performance management,
competency system diagnoses the future training and development needs of the
employees and it helps the HR executives assist employees in decisions like
promotions and transfers.
All the above benefits help the organization in some or the other way.
According to the research and observations, following points can be concluded
1. A company that follows Competency Mapping Model renders better & effective
results in terms of job/tasks performed.
Placing the right or best suited competencies at right job not only helps the
business move in a positive direction but also maximizes the profits.
Better rendered results mean increase in the performance of the employees which
further means more productivity that lead towards earning more profits.
In this manner Competency Mapping helps in the growth of the employees as well
as the organization.
Managers and business owners need to be aware of the impact that
an employee can have.
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2. In case a company wants to expand a business, defined skill sets/competencies,
would make it easy for the company to create new jobs and assign these new
created jobs to existing employees as competencies of each employee is well
evaluated in advance.
Competency mapping can be considered a tool to expand business as it not only
helps in evaluation of skill sets present in the organization but also helps in
creating development plans. So if the employees of any company are aware and
working on the development of required skills, then any expansion in the business
would be easily tackled by the staff.
In the light of above points, it can be said that competency mapping is somehow
correlated with business development.
Problems faced:
1. Due to the seasonal nature of the business which lasts from April to June, it was
difficult to attract applicants for interview as a substantial number of candidates
wanted a full-time job with EduMentor.
3. While working on different types of data like IIM Call-getters, IAS Aspirants,
final year students of top B-Schools, the same sort of pitching about the job
profile didn’t work.
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Learning:
2. Learned how to deal/tackle with applicants who back out at the last moment.
Recommendations:
2. Services can be provided to students from other states too since now the new
service product is online classroom, there is no location constraint.
3. New employees should be hired for managing online classroom for the smooth
functioning of activities.
4. Proper training should be given to existing employees & interns about the new
service product.
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CONCLUSION
EduMentor Educational Services Pvt. Ltd. has been growing rapidly ever since its
inception. The Company has been extremely successful in differentiating its product
with those of its competitors. The research and efforts put in while preparing the
material can easily be analyzed.
The company is proactive in its approach and is always ready to experiment with new
marketing strategies to market their product well. The online campaigns and strategies
implemented this year have been of huge success.
The Company is doing well in terms of business but it still has to beat the market
leader. All strategies adopted by it have been fruitful and it has been able to carve a
niche market for itself. Year after year, it’s gaining reputation and a strong foothold in
this industry. The fact that it has just spread in Delhi /NCR in past few years is bitter
but for a new entrant in the market, there couldn’t have been a better strategy. The
way it has firmly put its footsteps in this market, even the market leader IMS doesn’t
feel safe.
EduMentor Educational Services Pvt. Ltd. had enrolled more than 3500 students this
year which is an achievement in itself. This year company has highest no of
enrollments of B.El.Ed.
EduMentor was successfully able to recruit more than 150+ best faculties on board.
Faculties with incredible teaching style and brilliant knowledge from the top colleges
in India were hired.
Hence, the journey of EduMentor Educational Services Pvt. Ltd. has been great till
now with its revenue growing year after year. No wonder the Company will soon
occupy the number one position in the market with its differentiated product, quality
service, and focus on customer satisfaction.
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REFERENCES
Employees of EduMentor
http://www.edumentor.co.in/
www.imsindia.com
www.careerlauncher.com/
http://www.prathamonline.com/
http://www.time4education.com/
http://www.newparameter.com/
https://trainingindustry.in/
https://www.predictiveanalyticstoday.com/what-is-education-industry/
https://www.wikipedia.org/
Investopedia
https://scholar.google.com/
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