Careers from HR perspective


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Careers from HR perspective

  1. 1. Are you the smart one !!! Careers from HR perspective By Ajit Chouhan One Bihar Team
  2. 2. About the presentation <ul><li>Some facts and data </li></ul><ul><li>What it means to us </li></ul><ul><li>Are you ready ??? </li></ul>
  3. 3. Facts ,trends and growth pattern <ul><li>IT & IT Enabled services (ITES) </li></ul><ul><li>The global offshore market will reach upwards of $160 billion by 2009. The market will continue to grow in line with demand, at an approximate rate of 33 percent a year for the next three years. </li></ul><ul><li>Non IT-off shoring, which was virtually non-existent five years ago, will represent, nearly half (45 percent) of the offshore market in three years. </li></ul><ul><li>Exports of Indian IT and IT enabled Services (ITeS) continued to grow for the fourth year in a row with an increase of 33% to touch $23.6 billion in ’05–06 , according to reports by India’s industry association, Nasscom. </li></ul><ul><li>The projected growth in the exports for the year ’06–07 will continue to outstrip the growth in the domestic market, the industry is expected to meet its target of being a $60-billion industry by 2010 . </li></ul><ul><li>Nasscom has also projected that exports will grow 27%–30% in ’06–07 to $29–$31 billion, while the overall industry is expected to grow 25%–28% to $36–$38 billion. </li></ul><ul><li>The domestic market for software is estimated to reach $6 billion in the current year from $4.8 billion in the previous fiscal year </li></ul>
  4. 4. Some more facts… <ul><li>The other side of the story </li></ul><ul><li>Number of regular employees of Indian Railways in 1997: 1,583,614 (standing world record 2004) [GWR]   </li></ul><ul><li>Number of people applying for 22,000 jobs advertised by the Indian Railway (2003):740,000 </li></ul><ul><li>Planned number of staff of Reuters news agency to work in Bangalore by 2006: 2,500 (or 10 % of Reuter's total workforce) [BBC Oct 04] </li></ul><ul><li>  - * working population: 699.9 million [*2005]  - domestic workers in India: 14 million  - women employed in rural areas: 31 %  - women employed in cities: 11 %  - people registered as unemployed with 936 employment exchanges: 41.6 million (beginning 2004)  - employment in the unorganized sector: 91.39 % of work force </li></ul><ul><li>  - employed in agriculture: 48 % (2005)   </li></ul>
  5. 5. The Talent Pool today <ul><li>Reports say only 25 per cent of technical graduates and 10-15 per cent of general college graduates are suitable for employment in the offshore IT and BPO industries respectively . </li></ul><ul><li>The IT industry today employs 1m workers, but faces a shortfall a shortfall of 500,000 professional by 2010 threatening its dominance of global offshore IT-services, warns a report published by business consultancy McKinsey and Nasscom. </li></ul><ul><li>According to the All India Council for Technical Education, India produced 401,791 engineers in 2003-04, 35 per cent being computer engineers. </li></ul><ul><li>In 2004-05, the number of engineering graduates increased to 464,743, of which 31 per cent were computer engineers. </li></ul><ul><li>Compared to India and China, the United States produces only 70,000 engineering graduates every year. </li></ul><ul><li>All of Europe produces just 100,000. </li></ul>
  6. 6. The Talent Pool today <ul><li>India currently has 113 universities and 2,088 colleges, many of which teach various engineering disciplines. </li></ul><ul><li>Engineering colleges in the country have been growing at 20 per cent a year, while business schools have grown at 60 per cent. </li></ul><ul><li>Five Indian states -- Tamil Nadu, Andhra Pradesh, Maharashtra, Karnataka and Kerala -- account for 69 per cent of India's engineers. </li></ul><ul><li>Uttar Pradesh, Bihar, Gujarat, Rajasthan and Orissa account for only 14 per cent. </li></ul>
  7. 7. Beyond IT and Bio-Tech <ul><li>Media , Journalism, Entertainment , Web based earning opportunities, Agri- research, Pharma, Retailing, advertising are just few of the career options which are the fastest growing and highly lucrative career options. </li></ul><ul><li>Tourism and Health services continue to grow exponentially and India is being packages as a hot destination for Tourism with affordable and quality health services. </li></ul><ul><li>However we lack quality and affordable hotels to meet the growing demand of hotel accommodations. </li></ul><ul><li>Entrepreneurship is what we need, but we don’t have train people to become successful entrepreneurships. </li></ul><ul><li>Are we prepared to be pro-active and learn from the mistakes of past or we will continue to be reactive and regret later. </li></ul>
  8. 8. Are you ready ? <ul><li>Meticulous planning </li></ul><ul><li>Effectiveness and speed in execution </li></ul><ul><li>Focused and Result oriented </li></ul><ul><li>Persistent Effort </li></ul><ul><li>Continuous learning ,unlearning and re-learning </li></ul>
  9. 9. Food for Thought <ul><li>Do you have marketable skills and competencies which is the need of the hour? </li></ul><ul><li>Does your institutions helps you to meet the ever changing career opportunities. In other words do you think you are acquiring saleable Knowledge and Skills ? </li></ul><ul><li>Are you aware about the opportunities which your stream of education offers today? </li></ul><ul><li>Can you think beyond jobs ?Are you willing to explore the untapped market potential and become an entrepreneur. </li></ul><ul><li>In other words do you have a healthy disrespect for the present mode of acquiring degree/certificates. </li></ul>
  10. 10. <ul><li>Questions </li></ul><ul><li>Thank You </li></ul><ul><li>[email_address] </li></ul>