Intelligent CXO Issue 21 - Page 10

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Harappa to upskill 55,000 managers in three years

Driven by the confidence of its growing enterprise business in India and a fast-expanding programme suite across managerial , leadership and diversity skilling , upGrad-backed Harappa has now set its sights on the US – one of the world ' s largest and most competitive learning markets .

The US corporate learning market is pegged at US $ 150 billion , compared to the US $ 5 billion market for industry-led learning in India – and this move is an audacious step that furthers the movement of Indian companies , building global standards for the world .
Aimed at solving the most pressing problems in the American workplace today , Harappa ' s programmes are targeted at the spectrum of the managerial cadre .
Designed using Harappa ' s high-impact blended learning approach and pedagogy , LEAP ( for aspiring women managers ), RISE ( for seasoned women managers ), GROW ( for first-time managers ) and SOAR ( for mid-level managers ) tackle the three biggest challenges facing all US workplaces today – attraction , retention and building high-performance talent pools for the future .
In the next three years , Harappa will create 55,000 resilient and future-ready managers in the US through immersive leadership journeys , including learning , application , experience and coaching .
" Job-linked upskilling is the future of lifelong learning for working professionals at every stage . At Harappa , we have built this expertise over decades of rich experience . Our programmes , with a sharp blend of skills , will connect to managers across the US ," added Ronnie Screwvala , Co-founder and Chairman , upGrad .

UK manufacturing sector threatened as almost half suffer cyberattack in last 12 months

Nearly half of Britain ' s manufacturers ( 42 %) have been a victim of cybercrime over the last 12 months according to new research , Cyber Security : UK manufacturing , published by Make UK and BlackBerry . Over a quarter of respondents ( 26 %) reported a substantial financial loss as the result of an attack , ranging from £ 50,000 to £ 250,000 .

As businesses adopt more digital technologies , their exposure to cybersecurity risks increases . The majority ( 95 %) say cybersecurity measures are necessary for their company , while two-thirds said the importance of cybersecurity has increased in the last 12 months . Worryingly , the majority ( 54 %) decided not to take any further cybersecurity action despite adopting new technologies to boost production .
UK manufacturers face a battery of cybersecurity risks , ranging from simple employee error to complex targeted attacks . The top three cybersecurity vulnerabilities were identified as maintaining legacy IT ( 45 %), a lack of cyberskills within the company ( 38 %) and providing access to third-parties for monitoring and maintenance ( 33 %). The research also found that production stoppages were the most common result of a cyberattack ( 65 %), with reputational damage ranking second ( 43 %).
Adoption of the industrial Internet of Things ( IoT ) is shown to be the biggest driver behind cybersecurity adoption for one in three organisations ( 30 %). These new IoT processes , such as automated sensors driving efficiencies , sit at the heart of manufacturing production and are seen as business-critical functions . x
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