Let’s create mercenaries!
Let me share a secret with you…. I never did my internship during my MBA program. So did that make me feel that there is a void in my learning curve or someone who lacked the short term corporate culture experience? The answer is No! I did my MBA over 13 years back and then it was a prized degree. If you had the stamp of an MBA, you were that ripe apple which most companies would want to pick and engage with. But times have changed, the new corporate world is so dynamic and different than it was in the yesteryear. With all due respect, MBA pass-outs are dime a dozen and this abundance is literally flooding the market like an avalanche.
So the pertinent question comes in; Are internships really that valuable and important? Do companies hiring interns really run that extra mile to engage and improve the interns’ learning curve? On one hand the educational institutes offering these courses often struggle to place their students in appropriate companies for internships, barring a few reputed ones and on the other the companies that hire interns treat them as students and not professionals that are market ready; hence offering interns non-core exposure or I would say not using that time to prepare the interns for life in the corporate world. A study conducted by Newton® with 100 MBA’s that interned with corporate companies in the year 2013 suggests that only 32% of them were satisfied with the overall learning experience they attained in the companies.
Over the years I have realized that a very few MBA pass-outs that had internships on their resume came job ready. Most of them weren’t. It simply means that they have not really had an exposure to the in-depth working of their core functional areas, where they invested 2-3 months of their valuable time. So who is to blame? Is that the inertia of the MBA degree aspirants of not taking initiatives to probe and learn as much as they can or is it simply that the companies feel that productive time will be lost if they invest time in training and development of interns, hence giving them primarily back-end jobs that don’t qualify to enhance the learning curve of the interns . Besides most interns being used for mapping and creating data, market research or typically doing sales oriented jobs, I have come across a minuscule number of interns who have really learnt the ropes and can actually implement the learning of their internship in the real corporate work space.
At Newton® Consulting internships are sacred. Yes, that’s the word. It is a boot camp for young aspirants, a correctional facility to learn, unlearn and relearn the craft of how to strive for success in a real time corporate organization . Ready to vomit out Kotler, the task is often challenging for the supervisor or internship manager to help interns understand the functional fundamentals and get the interns to breathe in an experiential and learning environment . We at Newton have a 360 approach to train interns in our own interest, as we have a policy to absorb the best of the best trained mercenaries for our brand. We not only expose interns to the client environment but we enable them to understand the various internal department’s working environment, the challenges and often involve them in finding real time solutions for the challenges.
A psychological evaluation of the interests and strengths of these freshers is done before they are segregated among different departments, which suit them the best way to enhance their learning curve. In a 90 day scenario these corporate world aspirants sweat it out with us; there is no lee way for indolent attitude nor for bloated egos. At the end of the day, it is mercenaries that we create. We are sure that when they get their degree and are corporate ready, they would surely reflect back and realize that it was Newton® that showed them how to gravitate to success in the real time corporate world.