I am a 32-year-old textile engineering graduate working as a middle-level
manager in Nigeria since 1995. I have also worked with several Indian
textile companies. At present, I am managing the company's purchasing
and imports division. I feel my career has come to a stand-still.
The ongoing global recession has worsened matters as there aren't
many good openings coming my way. I want to continue in the purchase
function and the location of the job is not a problem. Should I
approach placement agencies?
Yes, approaching placement agencies would certainly be the right
thing to do. The textile sector has been among the worst affected
by recession. So getting the kind of jon you want in the same industry
may prove to be extremely difficult. Your experience in textiles
could be seen as too specialised; you must be prepared to convince
potential employers that your skills are transferable to other industries
as well. In the meanwhile, try to equip yourself with an additional
qualification to offset your single-industry experience.
I am a 27-year-old assistant production
manager with more than six years of experience with a top publishing
house. But despite my experience, I find that my lack of an engineering
degree is a major handicap with potential employers in the industry.
I had enrolled in an engineering college, but had to drop out for
monetary reasons. How can I effectively sell my experience to potential
employers in lieu of a degree?
To a certain extent, experience can be a substitute
for formal education. But when you are competing with people who
have both, you are likely to lose out. You are still young and if
you excel in your field, chances are that after a few years your
lack of a technical degree will matter less. You still have the
option of pursuing that degree. There are a lot of distance-learning
courses, and you could do something relevant to your field-possibly
a diploma in printing technology. You need to accept that you do
have a bit of a disadvantage but should be determined not to let
that come in your way.
I am a 36-year-old senior executive working
with a foreign bank. My branch head often asks me to do a lot of
his personal chores. Having been in the banking profession for more
than a decade, I feel humiliated. I am also often forced to work
beyond office hours to keep up with my own work. How should I deal
with this problem? Is there any way I can discreetly bring this
to the attention of my boss' superiors? Or should I start looking
for a new job, even though this bank does pay me well. What are
the options before me?
What kind of personal work is it? While, in
theory, you are well within your rights to refuse to do personal
work your superior may give you, that rarely happens in practice.
If the work is something grossly unacceptable, you could either
directly tell your boss or just somehow avoid doing it a few times
and hope he gets the message. Chances are that your boss will not
be too happy with your action. Taking up this matter with his superiors
will also elicit a similar reaction. The best way would be to tell
your boss' superiors about this at an informal setting. Even so,
make sure that you are talking to the right persons. But quitting
a well-paying, reputed organisation for this reason would not be
a wise move on your part.
I am a final-year student at one of the
top five B-schools in the country. I have been interviewed by a
few potential employers as part of the campus recruitment drive,
but have not received an offer yet. Would it be appropriate for
me to contact the companies to find out why I wasn't selected. Are
there any etiquette issues involved that forbid this? Or will this
be tantamount to professional suicide? Please advice.
There are no written rules that forbid such
an inquiry. It also doesn't really affect your chances since you
haven't got the job in the first place. But keep in mind that such
queries often cause the companies involved a lot of embarrassment
and end in bitterness on both sides. Even if you do get an answer,
chances are that it will not be very helpful as organisations want
to be politically correct. At the same time, it would help if you
did some reflecting on what went wrong on your part as well. Try
to get a frank opinion from your friends and peers. But do this
as soon as possible so that you don't miss out on other opportunities.
Tarun Sheth, a 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-110001.
"Every Crisis Is An Opportunity"
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Gopal Jain, MD (India), The VIEW Group |
The
Boston-based Venture Investors in the Emerging World (view) is a
VC firm with a difference. Where others merely provide capital,
view believes in helping entrepreneurs negotiate the whole learning
curve involved in building a business. Gopal
Jain,
Managing Director (India), The view Group, speaks to BT's
Mily Chakrabarty on
what makes entrepreneurs different from executives and what it takes
to make the transformation.
What does it take to make the transition
from an executive to an entrepreneur?
At the core of every successful enterprise
is a value proposition, for which consumers are willing to pay a
premium. The ability to think and develop this proposition into
a business opportunity is what it takes to make the transition from
a mere executive to an entrepreneur. An executive executes the proposition.
An entrepreneur conceives it.
Brewing Ideas That Sell
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Muddy Charles pub, tucked away inside the MIT
campus, serves very ordinary pizza and beer. More importantly,
it is a cauldron of creative ferment for the nerds wanting to
take the entrepreneurial plunge.
It is the place Teresa Esser prefers to call the ''Venture
Cafe'', where she takes the corner seat to provide an insider's
account of those high-tech start-ups that trace their origin
to the cafe evenings. Like that of convergence start-up NBX-co-founded
by her husband and MIT-dropout Pher Andersson-which braved
the worst of entrepreneurial hazards to finally outmanoeuvre
some of the biggest corporations in two years flat before
being picked by 3Com for a staggering $90 million.
But Venture Cafe will perhaps be best remembered for demystifying
that animal called the Venture Capitalist (VC). ''A good VC,''
Esser says, ''will always get back to you with some sort of
response, if the idea is even remotely exciting.''
An engrossing read, the book could well be a primer for
aspiring start-up artists itching to ride that 'idea, capital,
execution, and fortune' roller-coaster.
-T.R. Vivek
|
How is your entrepreneur-in-residence (EIR)
programme helpful to those starting their own ventures ?
The EIR programme lowers barriers to entrepreneurship.
Apart from capital, it offers entrepreneurs access to a global network
of business relationships and a state-of-the-art technology infrastructure.
What qualities do you look for in a prospective
EIR?
True entrepreneurial spirit is a must. One should
have proven entrepreneurial ability. We seek exceptional ethics
and integrity. Strong and deep domain knowledge is essential and
so is the ability to sell abroad. Given our focus on the global
markets, we look for people with global experience.
Tips for wannabe entrepreneurs...
Every great entrepreneurial story is unique.
But all entrepreneurs are similar in many respects. They work hard
and are not afraid to be the first or to do it alone. What separates
them from others is how they react to failure and disappointment.
To them every crisis is an opportunity.
Charting A New Future
Five execs who took the plunge into entrepreneurial
waters. |
Adi R. Cooper, Chairman, Tracmail
A former MD of Digitron Computers, he saw a great business
opportunity in communications management services and grabbed
it.
Arun
Maheshwari,
CEO, TriVium India
He quit as GM (Internet and Communications), H-P India, to
start a CRM venture of his own.
Giridhar
Thota,
MD, Shodhana Labs
He quit his job as Senior VP (Bulk Operations) of Cheminor
Drugs, to pursue his dream of running a bulk drugs and intermediates
manufacturing venture.
Manish
Sabharwal,
MD, India Life Hewitt
Formerly executive assistant to Pennar Group's Chairman, he
started his own hr outsourcing firm.
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