Keyboard and Mouse

The Competitiveness Mindset Study

India is a nation of capable people - so why are we lagging behind in global competitiveness?

Background

While India has made substantial strides in economic growth, how does it compare in global competitiveness with other BRICS (Brazil, Russia, India, China and South Africa) economies?

 

India had the lowest per capita export - a mere $197 a year, among these comparable economies.*

India is a nation of capable people - so why does it lag behind in global competitiveness?

*According to the International Trade Center, Geneva, Switzerland 2018.

Per Capita Exports

Per Capita Exports.png

Research Study

In order to understand these low competitiveness figures, a nationwide research study was conducted under the aegis of IIT Gandhinagar and Bankworld, Inc.

No such detailed and rigorous study had been done before to evaluate the key attributes of competitiveness  and understand where we stood in India.

The study involved thousands of CEOs, academicians, policy-makers, etc. nationwide, to assess and analyze the relative lack of competitiveness reported above.

Here's what we found...

Composition of Survey Respondents

Survey Respondents for CMI Survey.png

Key Findings

The study unambiguously found that one of the key factors affecting the competitiveness of Indian professionals was a significant lack of 'non-cognitive' or soft skills compared to their global competitors.

 

The study further identified which of the myriad non-cognitive skills are truly important for competitiveness, as well as which ones are most lacking among Indian professionals on average. The top five attributes most important to the competitiveness mindset, and which Indians lack most were:

  • Conscientiousness

  • Perseverance

  • Innovativeness

  • Taking Initiative

  • Problem Solving

 

We call these skills The 5 Pillars of

the Competitiveness Mindset.

Pillars of the Competitiveness Mindset

Competitiveness Skills.png

What are these skills, and how do they affect competitiveness?

The FLY Training programs were designed from the ground up to answer these questions and to learn how to put this understanding into regular practice in everything we do.

A nationwide study* where we reached out to more than 27,000 decision-makers to identify factors that affect India’s export performance revealed that inadequate non-cognitive skills at the individual, team and organization levels had a major impact on competitiveness, and consequently on our economic performance, including job creation.

*Competitiveness Mindset Study under the aegis of IIT Gandhinagar and Bankworld Inc. USA

While India has made substantial strides in economic growth, how does it compare in global competitiveness with other BRICS (Brazil, Russia, India, China and South Africa) economies?

 

India had the lowest per capita export - a mere $197 a year, among these comparable economies.*​

India is a nation of capable people - so why does it lag behind in global competitiveness?

*According to the International Trade Center, Geneva, Switzerland.

Competitiveness Mindset Study Indians ar
Download Research Study

Request submitted successfully! Please check your primary inbox and Spam folder for the report.