The Next 40 Years of your Life .............................................................................................................. ..............................................................................................................
‣#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.
Let’s Get Started... .............................................................................................................. ..............................................................................................................
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! ..............................................................................................................
Top Reasons for Switching ‣ Better Career Growth and Learning ‣ Better Compensation. ‣ Better work environment. ‣ Workplace Politics ‣ Others ..............................................................................................................
STATE OF THE INDUSTRY .............................................................................................................. ..............................................................................................................
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. .............................................................................................................. ..............................................................................................................
The Industry is rapidly Shrinking and Consolidating. The Winners will be the ones who adapt quickly. .............................................................................................................. ..............................................................................................................
.............................................................................................................. JACK OF ALL. MASTER OF ONE ..............................................................................................................
.............................................................................................................. FIGHT HARD FOR THE ROLE YOU WANT! ..............................................................................................................
.............................................................................................................. QUESTION THE STATUS QUO! ..............................................................................................................
.............................................................................................................. TRAVEL, STEP OUT OF YOUR ZONE ..............................................................................................................
.............................................................................................................. KNOW WHEN TO QUIT. ..............................................................................................................
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. .............................................................................................................. ..............................................................................................................
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. .............................................................................................................. ..............................................................................................................
SCOPE OVER A LONG TERM .............................................................................................................. ..............................................................................................................
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. .............................................................................................................. ..............................................................................................................
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! .............................................................................................................. ..............................................................................................................
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. .............................................................................................................. ..............................................................................................................
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.
LIVE ON THE EDGE .............................................................................................................. ..............................................................................................................
I’m available to help ................................................................................................................................ ................................................................................................................................ Blog Twitter Email http://karthik.kastury.in/ [email protected] @KarthikDot Ask http://karthik.kastury.in/ask
THE END .............................................................................................................. .............................................................................................................. Or the start of something new.
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