The Next 40 Years of your Life

The Next 40 Years of your Life

Slide Deck from the Talk I gave at my Alma Mater #Nitte advising students on making Career Decisions.

Audio Recording from the event is here : http://soundcloud.com/karthik-kastury/the-next-40-years-of-your-life

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Karthik Kastury

April 22, 2012
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Transcript

  1. The Next 40 Years of your Life .............................................................................................................. ..............................................................................................................

  2. Karthik Kastury Perf. Engineer @ PayPal India Engineer / Hacker

    / Blogger / Apple fanboi and evil minded. *Pun Intended* 24x7 Internet Geek | Unlucky in Cards ................................................................................................................................ ................................................................................................................................ Blog Twitter Email http://karthik.kastury.in/ hello@karthik.kastury.in @KarthikDot Internet Addict for 12+ Years...
  3. ‣#17 Best Places to Work - India (2011) ‣#6 in

    Technology Companies in India ‣Most Innovative Company in the Finance Industry and amongst Top 50 Most Innovative Companies in the World.
  4. #Next40 .............................................................................................................. ........................................................................................

  5. Let’s Get Started... .............................................................................................................. ..............................................................................................................

  6. The Next 40 Years of your Life ..............................................................................................................

  7. SURVEY .............................................................................................................. ..............................................................................................................

  8. 37% 35% 29% 2009 2010 2011 23% 77% Male Female

    Participation Summary
  9. 42% 58% 8 Hours 9 Hours 0 10 20 30

    40 Less 8 Hours 9 Hours 10 Hours 11 Hours 12 Hours 12+ Hours Actual Working Hours Working Hours
  10. 0 12.5 25 37.5 50 Less than 2 2-3 3-3.5

    3.5-5 More than 5 Annual Income
  11. Some more tidbits ‣ 10% don’t have health insurance coverage!

    ‣ 25% every morning, don’t look forward to go to work. ‣ 34% feel their work is mundane, and not challenging. ‣ 20% feel that there is no clarity in the work and process. ‣ 45% are currently planning to change jobs and 75% are in their first jobs! ..............................................................................................................
  12. Top Reasons for Switching ‣ Better Career Growth and Learning

    ‣ Better Compensation. ‣ Better work environment. ‣ Workplace Politics ‣ Others ..............................................................................................................
  13. STATE OF THE INDUSTRY .............................................................................................................. ..............................................................................................................

  14. The State of the Industry ‣Majority of Hiring from the

    ITES Sector in India. ‣Companies realizing that Product Development needs to happen in house. ‣Cut throat competition. ‣Regulations trying to reduce Outsourcing. ‣Huge increase in Entrepreneurial activity. .............................................................................................................. ..............................................................................................................
  15. The Industry is rapidly Shrinking and Consolidating. The Winners will

    be the ones who adapt quickly. .............................................................................................................. ..............................................................................................................
  16. Key Ideas .............................................................................................................. ..............................................................................................................

  17. .............................................................................................................. JACK OF ALL. MASTER OF ONE ..............................................................................................................

  18. .............................................................................................................. FIGHT HARD FOR THE ROLE YOU WANT! ..............................................................................................................

  19. .............................................................................................................. QUESTION THE STATUS QUO! ..............................................................................................................

  20. .............................................................................................................. TRAVEL, STEP OUT OF YOUR ZONE ..............................................................................................................

  21. .............................................................................................................. BUILD RELATIONSHIPS ..............................................................................................................

  22. .............................................................................................................. KNOW WHEN TO QUIT. ..............................................................................................................

  23. Product vs ITES Companies ‣Direct contribution to the bottom line

    in Product Companies. ‣Faster Growth in Product Companies. ‣A really good project in ITES, is more of luck and less of talent. ‣Product Companies pay you more, and work lesser on an average. .............................................................................................................. ..............................................................................................................
  24. Consumer vs Enterprise Companies ‣If given a choice, pick a

    Consumer Company over a Enterprise Company. ‣Consumer focussed companies, generally move faster, and are more agile. ‣Enterprise companies, are amongst the slowest players in the Technology Industry. .............................................................................................................. ..............................................................................................................
  25. SCOPE OVER A LONG TERM .............................................................................................................. ..............................................................................................................

  26. Progression is Clock Work ‣In ITES, your growth is always

    linear. ‣Little options to fast track your career growth. ‣Stagnant in learning after about 6 years * (Managerial role) ‣Moving over different technology roles is extremely difficult. .............................................................................................................. ..............................................................................................................
  27. ATTRITION .............................................................................................................. ..............................................................................................................

  28. Attrition Trends ‣Companies always talk about attrition in percentages. ‣Take

    some time, and do some math, using real numbers. ‣In places like TCS, and Infosys for about every 100 people joining, 60-70 people leave! .............................................................................................................. ..............................................................................................................
  29. .............................................................................................................. STARTUPS ..............................................................................................................

  30. Pros and Cons of Startups. ‣High Risk, but also high

    rewards. ‣Always appreciated for being a part of a startup. ‣Play different roles, and can make much more impact. ‣Can be extremely stressful, and draining. .............................................................................................................. ..............................................................................................................
  31. Final Words... .............................................................................................................. .............................................................................................................. ‣Know when to Quit. ‣Jack of

    all, Master on One. ‣Adventure without Risk is Disneyland. ‣Learn without prejudice. ‣Be with people smarter than you are.
  32. LIVE ON THE EDGE .............................................................................................................. ..............................................................................................................

  33. .............................................................................................................. .............................................................................................................. Q&A

  34. I’m available to help ................................................................................................................................ ................................................................................................................................ Blog Twitter Email http://karthik.kastury.in/

    hello@karthik.kastury.in @KarthikDot Ask http://karthik.kastury.in/ask
  35. THE END .............................................................................................................. .............................................................................................................. Or the start of something new.