I am a 30-year-old IIM-A graduate and essentially a marketing man.
I have recently joined a foreign bank. I feel I am more competent
than my immediate boss and that I would do better in his position.
My boss landed the job purely out of the strong connections he had
in the upper echelons of the bank's management. How should I proceed
without harming my cause?
Go about your work in a manner, which is impeccable and innovative.
If you have good ideas, start voicing them at meetings when your
bosses are present-this will get you noticed. Always be prepared
to present your plans for the company. If you are in a political
environment it may not harm you to have a powerful mentor. However
make sure you do not start impinging on your boss' authority or
he may take umbrage and nip your cause in the bud. Lastly, change
or try and change your attitude-it seems too cocky to me. You need
to have some achievements to your credit before you can lay claim
to a position rung higher in the ladder.
I'm a senior manager in the marketing department
of an FMCG company. Around 10 other senior managers from different
centres were interviewed for the post of general manager (marketing),
and I am one of three finalists being considered for the senior-level
position. My acquaintances in the hr outsourcing firm that is handling
this assignment tell me that I am a close second. I'm keen to bag
this assignment. What can I do to tilt the scales in my favour?
I am sure the other two are equally desperate.
Some people do try lobbying with the decision-makers, but personally,
I am not in favour of that. It may work in some cases but it backfires
in most. Also, I am a staunch believer in merit speaking for itself.
Having said that, we don't live in an ideal world. I am sure you
can speak to your boss or some of your senior colleagues in other
functions who are well disposed towards you. In an impromptu setting,
ask them what they think of your chances. Chances are, they may
take up your cause or at least talk about you favourably in other
informal fora. Make sure you choose these people carefully-don't
spread your net too wide and talk only to people whose voice will
be heard. Lastly, ask yourself honestly if you are the best person
for the job and if you don't get it-remember Rudyard Kipling's line
"For they were better men than I".
I am the hr head of a consumer durables
company. My company is very employee-friendly and allows married
couples to work together in the same office. There is a colleague
in my department whose husband is a good friend and also the head
of the sales department. My colleague's work is not up to the mark
and I am unable to bring this up for the fear of hurting my friend's
feelings. But, I now feel the other employees in my department are
displeased over this. What should I do?
I think you need to counsel your colleague
about her performance. Before that, however, you need to tell the
CEO that this is happening and that you are going to speak with
her. Depending on how serious the situation is, you could either
transfer your colleague to another department, which may be in keeping
with her abilities, send her for training or just give her your
feedback. It is a tricky situation since two careers are linked
to one and the head of sales is usually a key and powerful position
in most organisations. How you handle this will depend on your abilities
in counselling, handling situations as well as your personal convictions
and the courage to stand by them.
I am a 27 year old with a degree in management
from IGNOU. I have done a course from NIIT in Oracle and am planning
to do a two-month course on enterprise resource planning (ERP).
I wish to make a career in ERP consulting. How do I go about it,
considering that I have no work experience?
You will have to start from the scratch. In
this environment, it may not be very easy to get a job in the ERP
domain. You could try to get into a trainee or junior consulting
position in one of the ERP consulting companies. On a different
note, I would advise you to start working-you are 27 and have quite
some way to go. It seems to me that you enjoy studying and getting
degrees. That is great, but at some time you need to put them to
use.
Answers to your career concerns are contributed
by Tarun Sheth (Senior Consultant) and Shilpa Sheth (Managing
Partner) of HR firm, Shilputsi Consultants. Write to Help,Tarun!
c/o Business Today, Videocon Tower, Fifth Floor, E-1, Jhandewalan
Extn., New Delhi-110055.
Time To Take A Hike
The slowdown is not likely to slow increments
in 2002.
The
bean counters have closed their books for the financial year just
gone by; the companies know where they stand, and it's time to share
the goodies with the employees-if there's any of it left after a
second successive year of corporate bloodbath. But before you yawn
in anticipation of another slowdown story, here's the spin: India
Inc.'s employees can expect a salary increment in the range of 10-20
per cent. It's perhaps a pointer that expecting an economic recovery
this year wouldn't be all that wishful.
The consumer sector has been most generous
to its execs with an average pay hike of 17-18 per cent over last
year. "Given the cut-throat competition, attracting and retaining
the best talent is the key to success," says Y.V. Verma, Senior
VP (HR), LG India.
But the picture isn't as rosy for the banking
sector. After poor increments last year, foreign banks are likely
see only marginal pay hikes this year. But bankers shouldn't crib
too much as their salaries are almost on par with the Asia-Pacific
region. Low inflation and recession in Asia-Pacific will hold the
key for increments in 2002. The expectations are a modest 6-9 per
cent across all levels, with 18-20 per cent for performers. Says
Manjit Singh Lakhmana, VP (HR), Bank Of America: "If inflation
rate decreases in future, increments could come down further."
Adds Shailesh Shah, MD, Watson Wyatt Worldwide (India): "Salary
increases this year will depend largely on inflation and individual
performances."
The glaring income disparity between foreign
and Indian banks is set to narrow down. The industry sources peg
the most liberal salary correction at 20 per cent, while the more
conservative estimates hover around 10 and 12 per cent. With industry
leaders like ICICI Bank, HDFC Bank, and SBI investing heavily in
retail banking, there is a growing need for people with marketing
experience. ''The Indian banking sector is now competing with the
consumer sector and salaries have to be comparable to attract suitable
talent to the industry,'' says K. Ramkumar, GM (HR), ICICI Bank.
Increments in pharmaceutical and consumer healthcare
sectors are likely to be 8-10 per cent. For performers, the hike
could be as much as 18-20 per cent. Predicts P. Dwarkanath, Director
(HR), GlaxoSmithKline: "General bullishness in the sector will
result in higher compensation at the senior levels in areas like
marketing and research and development."
Increments in the yesteryears' darling it sector
are likely to be around 10 per cent with most companies laying stress
on pay-for-performance. Says Indrajit Sen, Director (HR), Hughes
Software Systems: "Salaries in the it industry are performance-based
and performers are rewarded even during a downturn."
The sunrise insurance sector is also expected
to pay well in 2002. While the average increments are likely to
be 10-15 per cent, the pay hikes may get as steep as 60 per cent
for star performers, thanks to the talent gap in areas like underwriting,
training, and actuarial services.
-Bhaswati Chakravorty
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