Jobless growth is a bit
like art for art's sake: It serves little purpose except for the statistician,
just as a great piece of work that nobody understands might just be
good enough for at least the artist to get his jollies. So as the
Indian economy promises to hit the growth trail, and industry trailblazes
with record sales and profits, it wouldn't be unreasonable to assume
that companies-at least those in the private sector-will be hiring.
What's significant, though, is that the demand for some jobs will
be higher than for most others. Check out if you fit the bill for
some of these postings:
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Rama Bijapurkar: In demand |
Independent Directors
It's an enviable slot at the top, as marketing consultant
Rama Bijapurkar and CII's Chief Economist Omkar Goswami, both independent
directors on the Infosys board, will testify. Corporate governance
regulations dictate that companies bring in outsiders for an independent
and impartial judgment on the board's deliberations, involving issues
of strategy, performance, and conduct. On an average, expect this
tribe to make around eight visits to the company a year and charge
anywhere between Rs 50,000 and Rs 5 lakh a visit. Now, whether you
like it or not, there aren't too many people who command the status
and respect that Goswami and Bijapurkar bring along. SEBI's committee
on corporate governance stresses on the calibre of independent directors,
and clearly hiring any Tom, Harry, and particularly Dick doesn't
count. Other than calibre of such directors, what also matters is
the number. Independent directors can constitute up to half of the
board members, and if the company has a non-executive chairman,
the 50 per cent limit is mandatory. Clearly the demand exists, but
you have to wonder whether the supply does too.
HR Honchos At BPOs
The Nasscom-McKinsey study on the ITEs industry, 2002, predicts
that by 2004 there will be room for 100,000 hr professionals in
BPOs. Here, the churn is high, and the biorhythm, dry. Retention
experts hold the key. Given the spate of new captive centres as
well as third-party players opening shop, most good hr pros receive
several offers a month these days from reputed organisations like
Fidelity, BankAm, Accenture, and IBM, amongst others.
EVP, Sales
As corporates now shift gears into growth mode, the focus
is moving from bottomline related issues like cost-cutting to gaining
marketshare and growing the top line. Wanted: people to participate
in that growth thrust.
Linguists
As Indian BPOs flank out to non-English speaking turf, people
with knowledge of multiple languages will be in demand. And if the
spurt in tourism continues through 2004, linguists are the people
to watch.
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Raghu Pillai, MD, FoodWorld: He needs
skilled personnel to stay ahead of competition |
Chief Ethics/Compliance Officer
In the developed world, most public companies are just starting
to implement programmes to meet and exceed the requirement of Sarbanes-Oxley
(an act dealing with board accountability and such issues post-Enrongate)
and corporate reform. The Chief Compliance Officer oversees the
corporate compliance programme, functioning as an independent and
objective body that reviews and evaluates compliance issues/concerns
within the organisation. The position ensures that the board of
directors, management, and employees are in compliance with regulatory
agencies and corporate policies. Though we may not see an overnight
transition, the seeds are likely to be sown in 2004.
Chief Knowledge Officer
A key post wherein the executive is responsible for handling
and leveraging all information for business and liaising with all
the functional heads to synergise information.
VP, Datamining
Remote accessing through it is becoming really big, whether
it is Customer Relationship Management or database management. When
a company grows, its bottomline staff more or less remains at the
same level, but the topline number-crunchers and strategists grow
by leaps and bounds. This gap will be filled by communicators, customer
relations managers and connectivity experts-they are the dataminers,
and they will make a difference this year.
Chief Anti-Piracy Officer
Media, entertainment, software-they all need a specialist to combat
piracy and the burgeoning grey market. As quality starts dictating
the rules of the game, the corporate cop will be called on to patrol
the flea market.
CEO, Retail Business
As consumers get brand conscious, retail gets bigger. And retailers
are getting more and more clued in to sourcing and channel management.
As they target the middle-income families, pricing becomes critical.
Ergo, they are increasingly scouting for people with strong supply
chain management and sourcing skills. Four years back, India had
zero malls, today there are over 150, and in four years there should
be over 500.
VP, SME Business
Small and Medium Enterprises are a growing business opportunity
for banks, telcos, and it companies. A specialisation in this field
will look good as this is the segment that is expected to grow at
the fastest pace in the coming years. This would include business
with revenues typically in the range of Rs 350 crore.
CEO and Chief Scientific Officer,
Biotech
There is a huge amount of work that is being outsourced to India
in the pharma sector. Biotech, although still in the research stage,
is one of the hottest sectors to look at and finding a head to lead
such a company from R&D to the marketplace is worth millions.
-Moinak Mitra
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