The Next 40 Years of your life

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[Audio] http://soundcloud.com/karthik-kastury/the-next-40-years-of-your-life

Slides from the Talk I gave on 12th March, 2012 to the final year students of NMAMIT, Nitte. I talk about various things that go into living thru a sound career, personal time, work life balance, business networking etc..

P.S The Talk is just under two hours long, with almost an hour of Q&A with the audience in the second half.

The Audio recording is available here : http://soundcloud.com/karthik-kastury/the-next-40-years-of-your-life

Published in: Education, Business, Technology

The Next 40 Years of your life

  1. 1. .............................................................................................................. The Next 40 Years of your Life..............................................................................................................
  2. 2. Internet Addict for 12+ Years... Karthik Kastury 24x7 Internet Geek | Unlucky in Cards Perf. Engineer @ PayPal India Engineer / Hacker / Blogger / Apple fanboi and evil minded. *Pun Intended*................................................................................................................................ Blog http://karthik.kastury.in/ Email hello@karthik.kastury.in Twitter @KarthikDot................................................................................................................................
  3. 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. 4. .............................................................................................................. #Next40........................................................................................
  5. 5. .............................................................................................................. Let’s Get Started.................................................................................................................
  6. 6. The Next 40 Years of your Life..............................................................................................................
  7. 7. .............................................................................................................. SURVEY..............................................................................................................
  8. 8. 23% 29% 37% 77% 35%2009 2010 2011 Male Female Participation Summary
  9. 9. Working Hours 42% 8 Hours 9 Hours 58%40302010 0 Less 8 Hours 9 Hours 10 Hours 11 Hours 12 Hours 12+ Hours Actual Working Hours
  10. 10. Annual Income 5037.5 2512.5 0 Less than 2 2-3 3-3.5 3.5-5 More than 5
  11. 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. 12. .............................................................................................................. Top Reasons for Switching ‣ Better Career Growth and Learning ‣ Better Compensation. ‣ Better work environment. ‣ Workplace Politics ‣ Others
  13. 13. .............................................................................................................. STATE OF THE INDUSTRY..............................................................................................................
  14. 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. 15. .............................................................................................................. The Industry is rapidly Shrinking and Consolidating. The Winners will be the ones who adapt quickly...............................................................................................................
  16. 16. .............................................................................................................. Key Ideas..............................................................................................................
  17. 17. .............................................................................................................. JACK OF ALL. MASTER OF ONE..............................................................................................................
  18. 18. .............................................................................................................. FIGHT HARD FOR THE ROLE YOU WANT!..............................................................................................................
  19. 19. .............................................................................................................. QUESTION THE STATUS QUO!..............................................................................................................
  20. 20. .............................................................................................................. TRAVEL, STEP OUT OF YOUR ZONE..............................................................................................................
  21. 21. .............................................................................................................. BUILD RELATIONSHIPS..............................................................................................................
  22. 22. .............................................................................................................. KNOW WHEN TO QUIT...............................................................................................................
  23. 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. 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. 25. .............................................................................................................. SCOPE OVER A LONG TERM..............................................................................................................
  26. 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. 27. .............................................................................................................. ATTRITION..............................................................................................................
  28. 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. 29. .............................................................................................................. STARTUPS..............................................................................................................
  30. 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. 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. 32. .............................................................................................................. LIVE ON THE EDGE..............................................................................................................
  33. 33. .............................................................................................................. Q&A..............................................................................................................
  34. 34. I’m available to help................................................................................................................................ Blog http://karthik.kastury.in/ Email hello@karthik.kastury.in Twitter @KarthikDot Ask http://karthik.kastury.in/ask................................................................................................................................
  35. 35. .............................................................................................................. THE END Or the start of something new...............................................................................................................

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