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CAREERS TODAY
Best Jobs
Managerspeak
Charles Tseng,
President, Asia
Pacific, at executive search firm Korn/Ferry International, highlights the
key attributes of the CEO in a set-up:
The set-up CEO must have a global vision:
It is imperative for the set-up CEO to have a global vision that
transcends national boundaries. In a start-up stage, one can have the
luxury of thinking only in terms of domestic market. But as the company
scales up, the CEO must have a global perspective. Experience in a global
company will help.
He must have the hard skills to execute
the vision:
Strong operational skills for the set-up CEO are essential. While the
CEO could delegate operational decisions entirely to functional heads in a
mature organisation, he most certainly cannot afford to do so in a set-up
that is scaling up. He must also select a strong executive team with both
strategic and operational capabilities, to translate his goals into
business realities.
He must be able to carry a team:
When an organisation is growing exponentially, the CEO must have the
ability to carry the team forward. He is be required to partner, rather
than direct employees and inspire, rather than command. Ability to lead a
multi-cultural and multi-national team is also a must.
He must be able to create equity to
attract and retain talents:
Once the exciting start-up phase is over, the enthusiasm of key
employees starts waning. The CEO must create enough equity and branding to
keep employees interested. This branding is also necessary to attract
critical skills from the market, as and when the need arises.
Best CEO Picks
CEO; reputed IT-enabled company;
Delhi/Mumbai; Engineer with MBA (marketing) from reputed institute with
12-15 years of relevant experience; International Sourcing, Edmonton
Consulting (India), Nariman Point, Mumbai-400021.
e-mail: edmonton@vsnl.net
CEO; Part of the service industry;
Delhi; MBA/CA with an experience of 10-12 years in the entertainment or
service industry and very good inter-personal skills; elite management
consultancy, 313, 3rd floor, Aap-Ka-Bazar, gurgaon-122001.
e-mail: emc@mantraonline.com
Best CFO Picks
CFO; New company promoted by
professionals & entrepreneurs under the leadership of one of the
doyens of the it industry; Chennai; CA/MBA (finance) having 15 years
experience and excellent knowledge of funding/implementing systems/framing
ESOPS; ABC consultants, 22 Chamiers Road, Teynampet, Chennai-600018.
e-mail: abc.chennai@vsnl.com
CFO; Leading Infotech Organisation; CA
with 12-20 years of experience in finance; exposure to raising funds from
global capital markets is a must; Impact, Virani Manzil, 4th Road, Khar
(W), Mumbai-400052.
e-mail: careers@impsmanagement.com
Best Overseas Picks
President (Business Devt.-IT); Large
industrial house having set ups in US/UK/Germany; New Jersey; Experience
in infotech companies with a proven track record; corporate & trade
services, 400, sector 37, NOIDA.
e-mail: nirad_2000@yahoo.com
Project Manager; Aptech Worldwide;
Dubai; BE/MCA with at least five years of experience in project management
involving VB, and Oracle with good management skills; Resourcing Team,
Aptech Worldwide, post Box-15850, Dubai. e-mail: awi@emirates.net.ae
Project Manager (DC/E-Commerce/TP);
Software Centre of US-based transnational; USA; BE/M.Tech with eight years
of relevant experience; SSJ Solutions, NOIDA-201301.
e-mail: ssjsolutions@vsnl.com
Skills
Jobwatch
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Grow with
your company! For it is always easier to climb those rungs in a
company that is on the right side of the growth curve, as a set-up
usually is. A set-up organisation is one which is four to 10 years
old. Typically, the systems and processes in such an organisation
would have been mapped out. Most set-ups are likely to be in
sectors like FMCG, telecom, consumer durables and automotive, that
were opened up some time back. Though not hierarchy-driven, a
set-up will have a structure that is fluid, with business dynamics
driving the shifts.
Chances of individual growth
in a set-up are high. Consistent performance in a dynamic set-up
could help you stay ahead of the market in terms of compensation
and prepare you for larger roles, both within and outside the
company. And if you bring critical skills and competencies to the
table, you could catapult to senior management positions ahead of
others. But beware, individual performance is likely to be the key
differentiator in career growth in a set-up. And choice of the
right sector and the right company is critical.
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Are you
poised to join a set-up? Or have graduated from a start-up team of an
organisation moving to a more stable phase? Check out the attributes that
you would need to make a go of it.
- It is absolutely imperative to have an
unwavering vision at the set-up stage and make sure that it has been
transmitted down to the lowest level. If you are in a transnational,
the ability to think beyond country boundaries too is a must.
- You need strong operational skills to
translate the vision into concrete business achievements. A strong
senior management team with solid experience and executional ability,
is crucial for the continued success of a set-up.
- A good understanding of systems and
processes and the ability to institutionalise is essential for the
firm to have long-term stability.
- A set-up often needs to scale up at a
rapid pace. The employees, particularly the top team, must have the
energy and skills to do this.
- A set-up must be quick on its feet, nimble
enough to respond to changing market conditions and spot opportunities
for growth. Translated, this means dispersed decision-making and
empowerment, and a leader who is comfortable with both.
Hot Salaries
- At a set-up, your salary would have a
large variable component, determined by your performance. Make sure
you stay in the top band to reap the benefits.
- Set-up salaries are also driven by
internal equity and market parity. Choose a high-paying sector and
company to stay ahead of the pack.
- To beat uncertainty and issues like
long-term growth, choose a package which will offer wealth-creation
options.
- Choose a company flexible enough to let
you play around with the structure to suit your needs.
Hot Tips
- If you are a fresh entrant, check out
growth plans and market position carefully to make sure you are
joining the right company. The sectoral scenario should be mapped out
as well.
- If you are part of the old start-up team,
ensure that your responsibilities increase with the scaling-up
process.
- As part of a set-up, benchmark yourself
with peers frequently in terms of learning curve and earning
potential.
- Ensure personal development by developing
critical skills. Functional rotation should be actively considered.
Tracking
Coming or Going
This is a merry-it-go-round, surely!
Sanjay Mehta, the President of b2b portal trade2gain, resigned recently to
join V Customer, a US-registered e-mail services company that has its
sales and marketing activities in the US and the operational base in
India, as its CEO. Meanwhile, Subroto Banerjee has stepped into Mehta's
shoes. Banerjee who moved from Microsoft, brings with him 14 years of
intensive sales and marketing experience, spanning companies like PCL,
Fujitsu, and Microsoft. He has worked in direct sales as well as in
channel marketing. In trade2gain, he will be developing the direct sales
team as well as forging a countrywide network of field service partners.
In the aftermath of the dotcom bloodbath, such portals probably need all
the experience they can lay their hands on, even the brick-n-mortar kind.
But whether Banerjee makes a successful transition to cyberspace...that
information is still loading.
One More Feather
Another local boy makes good! Atul Vohra has just been
appointed the Chief Marketing Officer of the it-solutions major Mastek
Group. He will be based at the Group's Dallas office in the US, and craft
sales and marketing strategies, while focusing on branding and
positioning. He will also support Mastek's alliance and acquisition
process, which is currently being driven from India. A graduate from IIM-A,
Vohra's marketing experience spans two decades, spread over Pond's,
Citibank's retail banking operations, and American Express &
Associates' diversified financial services. He has also worked abroad.
Another successful glocal manager, no doubt...
A Hospitable Head
This is a special school with a
special head. The Oberoi Group has got itself a new Director for its
Centre of Learning and Development, the only one of its kind in the
country. The new incumbent, David Longworth, is a certified hospitality
educator with around 28 years of experience. He has taught and managed a
whole range of hotel and tourism programmes from the entry stage to the
post-graduate level, and headed a vocational training institute in Hong
Kong. He will be restructuring and updating the curriculum with an accent
on housekeeping, kitchen management, and general management. This won't be
a school for scandal, for sure...
Crossing Over
This one crossed over to the other side. Hotshot executive Partha De
Sarkar headed GE's it-enabled services centre until recently, when he was
persuaded to switch to consulting, an industry that is known to attract
top talent in the corporate sector. De Sarkar has moved to Deloitte
Consulting, as its General Manager and is expected to provide filip to its
India operations. He is going to be based in Hyderabad. Of late, there has
been a fair amount of talent migration from GE. High-profile accelerator
At India picked almost its entire team from various GE operations,
including CEO R. Kannan. Has it become a captive talent pool, a la
Hindustan Lever, or is it something else...
Postscript
Global search major Heidrick and Struggles (H&S) is arguably the
largest of its kind, according to recent revenue rankings. But their
low-key and late entry into India ensured the loss of the crucial
first-mover advantage in a market that is rife with competition and
undercutting. But now the firm is looking to grow exponentially and is
actively scouting for acquisition targets. And a little bird tells us that
the Indian partners, Atul Vohra and Uday Chawla, are interested in a
certain niche firm on the west coast, which is known for its high tech and
telecom practice, an area of strength with H&S globally. Will the
tie-up, or a possible buyout, happen soon? Watch this space...
HELP,
TARUN!!!
I am a science graduate and have just
appeared for my Chartered Accountancy examinations. As part of my degree
programme, I have worked with IBM as an MIS executive. I am doing an
e-commerce course at the same time as I want to be an e-business
consultant with expertise in finance and marketing. Would my lack of a
software background come in the way of this? What other careers would
leverage finance and infotech skills?
I recommend that you start working and gain
experience after completing your studies as you would then be in a better
position to decide whether to be a software specialist with a finance
background or a finance specialist with a software background. You can
also choose specialised courses. Finance and infotech go well together. A
software background will help, but a ca and a flair for software coupled
with hard work and dedication would do the trick just as well.
I have just completed my graduation and
will appear in cat this year. I want to make a career in the emerging
insurance sector. I expect it to provide me with opportunities to make a
global career, as most companies in this sector are global majors. I have
decided to major in finance. Do I need additional skills? In case I do not
get admission to the top schools, could a second-rung institute help me to
build a career in insurance? Is there any other specialised course?
Insurance is an industry in itself. And, what
exactly would you like to do in it? You could be in marketing and sales,
or handle related legal issues. Since you want to specialise in finance,
you could be in actuarial services, risk management or underwriting,
general operations, or treasury management. Depending upon the function,
you can decide whether an MBA will help. An MBA would certainly open up
many options, and, even a second-rung institute can offer decent
placement. Even though the the insurance sector is going to provide many
opportunities, you should also be clear about how the industry actually
functions.
I am a graduate in microbiology and am
currently pursuing a post-graduation degree in bio-chemistry. I was
initially inclined towards academics, but have now changed my mind and
plan to do an MBA. Given my background, do I have a chance? I have started
collecting course material and want to give it my best shot. Will coaching
classes be of any help? What else can I do to ensure success?
You could have any background to get into an
MBA course. You can prepare using the course material. Coaching classes
help a lot provided they have the right approach. Many of these are
correspondence programmes, and so, one can avail their materials without
being physically present. Once you pass the written examination, you shall
have to brush up your general knowledge and communication skills for the
group discussion and interview. A positive attitude also helps, so keep
your spirits high. All the best!
I am a 35-year-old professional (Master in
Social Work and LLB) employed as an HR manager in a large manufacturing
concern. I also taught hr and Industrial Relations at the post-graduate
level. Now, I want to shift and get into more happening sectors like
infotech or communication? How do I go about doing this? Would a
correspondence course help? How best can I leverage my experience in
academics and where should I look for an opportunity?
I really cannot advice you accurately since I
am not too sure whether you have been doing more ir-related work or
hr-related work. If you have done hr, it should not be too difficult for
you to change to the service sector as they are always in need of good hr
personnel. The best way is to look out for appointment advertisements and
apply to a few recruitment consultants. Once you get a break, even in a
lesser known company, and gain experience, you could always look for
greener pastures. An MBA degree will enhance your knowledge, but not
necessarily your chances of employment. Besides, you could also consider
specialised courses in HR.
Tarun Sheth,
the senior consultant at the Mumbai-based recruitment and
training consultancy firm, Shilputsi, addresses your career concerns every
fortnight. Write to help, Tarun!!! c/o Business Today, F-26, Connaught
Place, New Delhi-1.
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