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3June2015
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(/users/becomeFan.php?of=hp_blogger_RaviVenkatesan)
Formerchairman,MicrosoftIndia
India'sITPartyIsOver.Reinvent
YourselfOrSuffer
Posted:03/06/201511:58IST
Updated:3hoursago
93 (javscript:void(0))
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Chatterjeemostexpensiveindian
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India'sITindustryisunlikelytoremaintheamazingjobenginethatithasbeen.For
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lang=en&text=India%27s+IT+Party+Is+Over.+Reinvent+Yourself+Or+Suffer+http%3A%2F%2Fhuff.to%2F1KCEh71)
3.ThisIndianMillionaireJustGave
churningoutoveramilliongraduatesayeartofeedtheinsatiabledemandofIndia's
Comment
Share
UpHisEmpireToBecomeAMonk
ITfactories.
Thispartyiscomingtoanend.Acombinationofslowingdemand,risingcompetition
andtechnologicalchangemeansthatcompanieswillhirefarfewerpeople.Andthisis
notatemporaryblipthisisthenewnormal.Wipro'sCEOhasbravelyadmittedthat
automationcandisplaceathirdofalljobswithinthreeyearswhileInfosysCEOSikka
aimstoincreaserevenueperemployeeby50%.EvenNasscom,thechronically
optimisticindustryassociation,admitsthatcompanieswillhirefarfewerpeople.Not
onlywillthelinesofnewgraduateswaitingforjoboffersgrowrapidlylongerevery
year,butsotoowillthelinesofthenewlyunemployedasallcompaniesfocusmoreon
utilization,employeeproductivityandperformance.Employeesdoingtasksthatcan
beautomated,thearmiesofmiddlemanagerswhosupervisethemandallthosewith
mediocreperformancereviewsandwithouthotskillsarelivingonborrowedtime.
Sowhatdoyoudoifyouareamemberoftheseendangeredspecies?Whatconstitutes
goodcareeradviceinthesetimes?I'dsaythatthefirstthingistoembracerealityand
recognizethatthegamehaschangedforgood.Theworstthingtodoisbewishfuland
waitforthegoodtimestoreturn.Theywon't.Buttherearestilllotsofopportunities.
What'shappeningintheindustryis'creativedestruction'.Newtechnologiesare
destroyingoldjobsbutcreatingmanynewones.Thereisaninsatiabledemandfor
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RituparnaChatterjeeRituparna
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4.DelhiFatherWritesHeartbreaking
PostAfter22YearOldGoldman
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AnirvanGhoshAnirvanGhoshjob
stress
developersofmobileandwebapplications.Fordataengineersandscientists.For
cybersecurityexpertise.Soforanyonewhoisaquicklearner,anyonewithreal
expertise,therewillbeabundantopportunities.
Therehasalsoneverbeenabettertimeforanyonewithaniotaofentrepreneurial
instinct.Indiaisstillasupplyconstrainedeconomyandsothereisroomtostart
everykindofbusiness:beautyparlour,bakery,catering,carwashing,
mobile/electronicsrepair,laundry,housekeeping,tailoring.Forentrepreneurswitha
socialconscience,thereisamassiveneedforsocialenterprisesthatdeliveraffordable
healthcare,educationandfinancialservices.Notonlyarethereabundant
opportunitiesbutstartupsare"in"andthereisnoshameatallinfailure.Theranksof
angelinvestorsareswellingandithasneverbeensoeasytogetfunded.Thereiseven
awebsite,www.deasra.in(http://www.deasra.in/),thatprovidesstepbystep
instructionstowouldbeentrepreneurs.
"Theworstthingtodo
isbewishfulandwait
forthegoodtimesto
return.Theywon't."
Forthosewhopreferagoodoldfashionedjob,
thereareabundantjobsinoldeconomy
companieswhicharestrugglingtofindeverykind
oftalentaccountants,manufacturingandservice
engineers,salesreps.Technologyisenablingthe
emergenceofnew'sharingservices'suchasUberorOlathatenablelucrativeself
employmentitisnotuncommontofindcabdriverswhomakeRs30,00040,000a
month.
Mymainpointshouldbeclear.WhileIndiamayhaveabigchallengeoverallin
creatingenoughjobsforitsyouthfulpopulation,attheindividuallevelthereisno
shortageofopportunities.Themostimportantthingisapositiveattitude.TheIT
boomwasatidethatliftedallboatseventhemostmediocreones.However,thishas
bredanentitlementmentalityandalotofmediocrity.Toprosperinthenewworld,
twothingswillreallymatter.Thefirstistherightattitude.Thismeansahungerto
succeed.Beingproactiveinseekingopportunities,notwaitingeithertillyouarefired
orforsomethingtodropintoyourlap.Awillingnesstotakerisksandthetenacityto
workhardandmakesomethingasuccess.Humility.Frugality.Thesecondisthe
abilitytotryandlearnnewthings.Therateofchangeinourworldisastonishing
whateverskillswehavewilllargelybeirrelevantinadecade.Peoplearealsoliving
muchlonger.Sotheabilitytolearnnewthings,developnewcompetenciesand
periodicallyreinventourselvesisacrucialone.Sadly,toomanyofushavenocuriosity
andnointerestinreadingorlearning.Thefuturewillnotbekindtosuchpeople.
stress
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7.Top7ReasonsWhyDarkIs
BeautifulInIndia
8hoursagohuffingtonpost.in
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KulpreetYadavKulpreetYadav
lightskinvsdarkskin
8.Here'sWhyKanganaRanautIs
ReportedlyUnhappyAboutHerNext
Release,TheLongDelayed'ILove
NY'
"Thesnakewhichcannotcastitsskinhastodie.''FriedrichNietzsche
(TheauthorisformerchairmanofMicrosoftIndia)
ThispostfirstappearedinTheTimesofIndia
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partyisoverNowsthetimetoreinventordie/articleshow/47486851.cms)
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