|
“Every time you take up a challenging
role in an organisation, you lend yourself to reskilling"
Susil Dungarwal
Head, Retail (Mall Business)/ Prestige Group
|
Help,
Tarun! |
Hotels
Beckon |
His
business card says he's Head, Retail (Mall Business) at the Prestige
Group, a Bangalore-based construction conglomerate. Susil Dungarwal
got there through a very circuitous route. And along the way, he
has picked up diverse skills. When he switched from the sales department
to production in his first job at Saint Mark, a shirt maker, he
taught himself how to stitch shirts "to get the feel of the
production process that I was expected to manage and refine".
That experience also gave Dungarwal a profound insight: you can
gain confidence and impart momentum to your career by learning new
skills.
"Every time you take up a challenging
role in an organisation, you lend yourself to reskilling,"
says Dungarwal, who now sources properties for shopping malls
and looks after their operation and management, a far cry from
stitching shirts or managing a retail operation, as he did at
the The Loot, a discount store. When he joined Prestige Group,
he kept in mind the learnings from the retail industry, but also
trained himself to understand the jargon of the construction industry
and learnt to read layout plans.
Dungarwal is not alone. As the boom in several
sunrise sectors-like retail, real estate, insurance, it-enabled
services (ITEs) and airlines, among others-creates thousands of
new jobs, they are sucking in people from other industries. Result:
professionals making the switch are having to go through an often
painful process of reskilling while they learn the nuances of
their new jobs.
"The job market is seeing a growing
number of people joining industries in which they have never worked
before. In the last 10 years, senior-level hiring from unrelated
industries has grown from just 5 per cent to about 30-35 per cent
now; this is expected to touch 50 per cent by 2010. Obviously,
the first challenge these 'cross-overs' face is to learn about
their new industries, reorient their skills and experience, and
reskill themselves," says Ronesh Puri, Managing Director,
Executive Access, an executive search firm. This trend, of people
moving across industries, is equally evident in middle-level and
junior-level recruitments as well.
|
|
“We look for people with the right
attitude"
Sanjay Jog
Head (HR)/ Pantaloon Retail
|
“We have to reskill most of the new
recruits as they comefrom diverse backgrounds"
B.A. Srinivas
Director/ Viveks
|
Says Samyukth Sridharan, Principal Sales and
Marketing Officer, Deccan Aviation, who worked in Coca-Cola India
and ING Vysya before joining the low-cost airline: "There
are some similarities between selling tickets and selling consumer
goods." But such similarities were only so much help. He
had to quickly grasp the dynamics of the aviation market and focus
not just on ticket sales, but also on building the image of Air
Deccan. "Given the rapid growth of the market, learning on
the go is the only way to keep pace," he adds. One of the
key drivers of Air Deccan's rapid growth has been its ability
to attract people from other industries and then train them to
suit the needs of the low-cost aviation industry, says Ujjal Gangopadhyay,
Chief People Enhancer, Deccan Aviation. For example, the airline
has been poaching sales and marketing staff from telecom services
companies and has also drawn talent from the hospitality industry.
"The general shortage of skilled manpower,
especially in the sunrise sectors, and the growing competition
between companies for human resources means that reskilling is
increasingly becoming a critical factor to corporate-and individual-survival.
For example, it has become imperative for organised retail and
the ITEs-BPO industries to have their employees learn and unlearn
skills in line with the needs of their employers," says Sampath
Shetty, Vice President, TeamLease Services, a staffing firm.
Crossover Checklist
Issues you should keep in mind when planning
a switch. |
»
Can you leverage similarities with your existing
industry?
» You
will have to put in long hours and lots of formal and informal
studies
» Are
your existing skill sets fungible?
» You
will have to learn on the go
» See
if you can grasp the functional areas of your new job |
Anjali Bansal, Consultant, Spencer Stuart,
a Mumbai-based executive search firm, explains the dynamics of
crossing over and reskilling: "To begin with, an industry
that's relatively new or is scaling up fast looks at its 'neighbours'-sectors
with similar human resource requirements-for talent and gradually
builds its own training programmes for fresh and lateral recruits.
When the government opened up insurance, private companies were
faced with a manpower vacuum. So, they looked at the banking industry
and the FMCG sector for their talent needs," she says.
The same trend was seen in the telecom industry
when it was opened up to the private sector. Bansal says a lot
of lateral hiring across industries and subsequent learning is
predicated on a person's general management skills rather than
on his or her industry or domain knowledge. "What helps this
process is some existing understanding of functional areas, such
as marketing and finance. For example, marketing of consumer products
is quite similar across industries and so, more marketing people
tend to cross over to other industries," she says.
Sanjay Jog, Head of Human Resources, Pantaloon
Retail, says his company has been tapping industries like manufacturing
for talent in supply chain management. "In the case of lateral
hires from other industries, we obviously need culturally-suitable
people-those who can deal with the uncertainties of the retail
business. So, we look for people with the right attitude. But
there is no training; we only conduct orientation programmes lasting
two-to-four weeks," he says.
|
“At my level, learning took place in
understanding the business”
Raghu Rajan
Deputy Vice President (Infrastructure)/Vertex Customer
Services
|
The career graph of Raghu Rajan, Deputy Vice
President (Infrastructure), Vertex Customer Services, the Gurgaon-based
BPO, recently acquired by private equity investors led by Oak
Hill, is an interesting example of this reorientation. A former
Squadron Leader in the Indian Air Force, Rajan took early retirement
in 2002 after 24 years of service and joined Vertex. "I went
through a little bit of training and a fair bit of orientation
in my first three months with the company. But at my level, the
learning happened in terms of understanding the business, the
business processes, and the project management competencies and
not in terms of acquiring a particular set of skills," he
says.
Ditto with V.K. Chandran, Branch Manager
at Viveks, a Chennai-based retail chain. He worked as a medical
representative with Glaxo Laboratories and later as a product
manager at Tamil Nadu Dadha Pharmaceuticals (which later merged
with Sun Pharma) before moving to Oman as Country Manager at Wyeth
Pharmaceuticals, and even tried his hand at entrepreneurship before
joining his current employer. The change from the pharma sector
to retail wasn't easy. He had to reorient himself as the retail
sector involves direct, and daily, interactions with several customers,
each with his/her unique demands; then, he had to learn to manage
inventory of items that varied widely in value; and finally, he
had to learn to manage huge crowds of customers, especially during
festival seasons and on holidays. "If you work in the retail
industry, you can work in any industry that has something to sell,"
he says. "We have to reskill most new recruits as they come
from diverse backgrounds," adds B.A. Srinivas, Director,
Viveks.
Executive Access' Puri says reskilling programmes
vary from company to company, but "more and more companies
are putting in place at least some kind of orientation and training
programmes for their lateral recruits," he adds.
DLF, the Delhi-based real estate major, for
example, has tied up with "a number of training schools"
to train the people it is attracting from other industries. "That's
in addition to the on-the-job training that these recruits receive,"
says a DLF executive. The company also incentivises reorientation
and reskilling through bonuses.
So, even if you're not young anymore, you
can still inject some steroids into your career by moving into
one of these new sectors. The advantage: they don't yet have set
hierarchies, and so, you can rise fast if you're good.
-additional reporting by Anusha Subramanian and Nitya Varadarajan
COUNSELLING
Help, Tarun!
Q: I am currently pursuing a PGDBM (finance and international
business). What are the various job opportunities in the field
of financial and business research? Also, do I need to undertake
any other short-term course?
The CFA (Chartered Financial Analyst) course could be useful if
you want to do analytical work. This can be done simultaneously
with your academics or job. As far as job opportunities go, how
about the research cell of a financial services firm or a rating
agency? You can also become a business or financial journalist.
However, if you are talking of academic research, you need to
pursue a PhD.
Q: I am a 21-year-old Psychology graduate
interested in pursuing a management course. The problem is that
I am a little confused about what to take up as a specialisation.
Human Resource Development (HRD) seems an obvious choice. Please
advise.
Don't limit yourself to any one area just
because you are a Psychology graduate. The first year of any MBA
programme is designed to give you an overview of different functions;
pursue the one you feel comfortable with. Many B-schools allow
you to have two or more majors. Marketing, Finance, Systems, International
Business etc., are areas you can look at.
Answers to your career concerns are contributed
by Tarun Sheth (Senior Consultant) and Shilpa Sheth (Managing
Partner, US practice) of HR firm, Shilputsi Consultants. Write
to Help,Tarun! c/o Business Today, Videocon Tower, Fifth Floor,
E-1, Jhandewalan Extn., New Delhi-110055..
Hotels
Beckon
Careers in the hospitality sector can be
rewarding.
The Indian
hospitality sector, like several others, is booming. New hotels
are coming up across the country every other day and existing
ones are expanding capacity, but supply is just not keeping pace
with demand. Result: there's a huge demand for manpower. Besides,
the industry is also having to replace personnel who are being
lured to other sectors. Says Ashwini Kakkar, President, TAAI (Travel
Agents Association of India): "The key issue in the industry
is that people are being poached by new industries such as aviation
and healthcare." Thus, the demand for personnel is being
driven both by players putting up new capacities as well as by
those who are recruiting people to replace those who have left.
This demand is visible across the hospitality value chain-from
five-star to budget hotels. And given the rate at which it is
expanding, the demand for manpower is outstripping supply by a
wide margin. Result: a 30-35 per cent increase in compensation
packages over the last one year.
-Shivangi Misra
FACT BOX |
WHO'S HIRING: Indian Hotels (Taj),
East India Hotels (Oberoi), ITC Hotels and almost every other
hotel chain in the country.
WHO'RE THEY HIRING: Industry veterans, MBAs, hotel
management grads, architects, engineers and marketing pros
from consumer goods companies.
AT WHAT LEVEL: Primarily at the middle management
level; but some top- and junior-level recruitment is also
taking place.
AT WHAT SALARIES: Rs 1.5-3 lakh for entry- and
junior-level jobs; Rs 5-20 lakh at middle management levels;
and Rs 18-50 lakh at senior levels; top-level recruitments,
though rare, can command salaries of over Rs 1 crore a year.
AND THE NUMBERS: Industrywide figures aren't available,
but given the hiring spree, there is demand for at least
10,000 pros across all levels.
|
|