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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

Karthik Kastury

April 22, 2012
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  1. The Next 40 Years of
    your Life
    ..............................................................................................................
    ..............................................................................................................

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  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/
    [email protected]
    @KarthikDot
    Internet Addict for 12+ Years...

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  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.

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  4. #Next40
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  5. Let’s Get Started...
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    ..............................................................................................................

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

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

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  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

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  10. 0
    12.5
    25
    37.5
    50
    Less than 2 2-3 3-3.5 3.5-5 More than 5
    Annual Income

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  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!
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  12. Top Reasons for Switching
    ‣ Better Career Growth and Learning
    ‣ Better Compensation.
    ‣ Better work environment.
    ‣ Workplace Politics
    ‣ Others
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  13. STATE OF THE INDUSTRY
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  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.
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  15. The Industry is rapidly Shrinking
    and Consolidating.
    The Winners will be the ones who
    adapt quickly.
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  16. Key
    Ideas
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  17. ..............................................................................................................
    JACK OF ALL.
    MASTER OF ONE
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  18. ..............................................................................................................
    FIGHT HARD FOR
    THE ROLE YOU
    WANT!
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  19. ..............................................................................................................
    QUESTION THE
    STATUS QUO!
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  20. ..............................................................................................................
    TRAVEL, STEP OUT
    OF YOUR ZONE
    ..............................................................................................................

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  21. ..............................................................................................................
    BUILD
    RELATIONSHIPS
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  22. ..............................................................................................................
    KNOW WHEN TO
    QUIT.
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  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.
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  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.
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  25. SCOPE OVER A
    LONG TERM
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  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.
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  27. ATTRITION
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  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!
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  29. ..............................................................................................................
    STARTUPS
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  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.
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  31. Final Words...
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    ‣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.

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  32. LIVE ON THE EDGE
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  33. ..............................................................................................................
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    Q&A

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  34. I’m available to help
    ................................................................................................................................
    ................................................................................................................................
    Blog
    Twitter
    Email
    http://karthik.kastury.in/
    [email protected]
    @KarthikDot
    Ask http://karthik.kastury.in/ask

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  35. THE END
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    ..............................................................................................................
    Or the start of something new.

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