Thursday, October 30, 2008

Ultimate Truth!!!!!!!!!

Ultimate truth Cool Ones!!! ( Uncanny-but true !)




Whenever I find the key to success, someone changes the lock.
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To Err is human, to forgive is not a COMPANY policy.

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The road to success??.. Is always under construction.

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Alcohol doesn't solve any problems, but if you think again, neither does Milk.

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In order to get a Loan, you first need to prove that you don't need it.

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All the desirable things in life are either illegal, expensive or fattening or married to someone else.




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Since Light travels faster than Sound, people appear brighter before you hear them speak.

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Everyone has a scheme of getting rich?.. Which never works.

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If at first you don't succeed?. Destroy all evidence that you ever tried.

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You can never determine which side of the bread to butter. If it falls down, it will always land on the buttered side.

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Anything dropped on the floor will roll over to the most inaccessible corner.

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As soon as you mention something?? if it is good, it is taken?. If it is bad, it happens.

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He who has the gold, makes the rules ---- Murphy's golden rule.

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If you come early, the bus is late. If you come late?? the bus is still late.

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Once you have bought something, you will find the same item being sold somewhere else at a cheaper rate.

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When in a queue, the other line always moves faster and the person in front of you will always have the most complex of transactions.

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If you have paper, you don't have a pen??. If you have a pen, you don't have paper?? if you have both, no one calls.

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Especially for engg. Students---- If you have bunked the class, the professor has taken attendance.

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You will pick up maximum wrong numbers when on roaming.

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The door bell or your mobile will always ring when you are in the bathroom.

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After a long wait for bus no.20, two 20 number buses will always pull in together and the bus which you get in will be more crowded than the other

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If your exam is tomorrow, there will be a power cut tonight.

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Irrespective of the direction of the wind, the smoke from the cigarette will always tend to go to the non-smoker

Sunday, October 19, 2008

Where to.... now?

An important question that you all must answer very quickly. This group consists of people in the age group of 24 - 30. It is very crucial that you decide now where you would like to head towards in terms of your career. I never thought I would be putting down career suggestions but I know it is my duty to help and share. So here goes, give it a reading if you like.

First, please consolidate your positions with your respective organizations. Growth in career and in an organization demands only one thing, investment in time. When you spend time long enough, you get exposure to different activities and with hard work you achieve success. At the end of the day, the longer you are in an organization, the better for you. Of course, there are a thousand factors that decide whether the organization is good enough for you to last that long, but, at the end of the day, it is your career at stake. A company by itself is not good or bad, it is made one of these by the people who work in it. If you are a part of a company then do your bit to make it a good place to work in.

Constantly educate yourself. I will not elaborate, it is simple but yet very powerful. Equip yourself with all the knowledge you can gather. Go for certifications, courses etc. Spend time fruitfully. At the end of the day, Internal promotions happen only when the boss is convinced about your ability to handle additional responsibilities. A person who can learn at any stage of his life is ready to responsibilities at any stage of his life :) When you learn more, you are that much more ready to handle more work. I have not known a boss reward or promote any one who is stagnating. Of course, just for clarity, "JUST" doing your job daily like a "CHORE" does not in any world or country or city or building qualify a person for promotion. People like that are not more useful than the office printer. Have you heard of a "Senior Printer" or "Assistant Manager Printer?? :)))

Many organizations will in the future look at all ways to reduce costs. Under those circumstances, a multi dimensional employee is valued like gold. The more things you can do across teams and functions, the more invaluable you are. This means that you have to work hard to not just excel at your work, but also start helping out other teams. This will give your management the confidence that you are capable of being moulded into any team. At the time of "right sizing", you can be assured that you will be there, while your single dimensional colleagues (who can only do one kind of job) are being asked to leave.

You do not have to beat the drums and tell the world. As long as you have a personal career development plan, please make sure that you work very hard towards achieving those goals. You can set yourself small milestones along the way to guide yourself. For eg, your personal goal chart can read - I aspire to become a leading expert in the area of executive recruitment in 5 years. Your milestones can look something like -

1 Year - Must have met and spoken to all leading executives of major corporations in the city.
2 Years - Be capable of effecting 5 closures in a quarter at an executive level.
3 Years - expand domestic contacts to global contacts. Go international
4 Years - Publish book on executive hiring :)
5 Years - Be there where you want to be!

I know the above is vague, but it is an example that you can think and reflect when you draft your own.

Trust this helps.

Over and Out
KK

Thursday, October 16, 2008

Purani Jeans aur Guitar!

I have always believed that happy memories are perhaps the strongest reason why a human being wakes fit and fine everyday. If not for them, the mind has to be willed with infinite power to do the basic things in life. I have had the luck to associate myself with some very happy memories in my life.

With rivalry at its peak and fire spewing out of adolescent eyes, cricket matches between boys are nothing short of war. We had two teams in the colony we resided in and ofcourse there was no love lost between us. We never spoke to each other and played in different areas of the playground. Funny thing was not many of us knew why the animosity :) But like in politics, knowledge is not always required, just a heightened sense of alignment to one group. Typically lasting between 4.30 PM to 7.00 PM in the evening. Post that it was a marriage of convenience to acedemics. Typically October and November of an acedemic year affored the maximum laxity from our parents to indulge in sports. Great advantage was taken out of this leniency.

A cricket match on Saturday! I was owefully out of form and my captain decided to drown me further down the batting order. To most swashbuckling colleagues of mine, I was an eyesore with staunch defensive cricket. Add to that my form and I was hoping to be lucky enough to carry water to the middle. But since it was a bet of 220 rupees, we had to find every boy who could shell out 20 rupees. That is how I got into the playing eleven. Money does talk! :)

We were asked to bat first and I dont remember anything of our batting or mine. I believe we made a modest total, half of which were made two batsmen and then a lot by extras and then some by what we call "Tondi" :) (let us just say unscrupulous means). By devious means we managed to make them bowl about 22 overs in a 20 over game. Duly there was a fight, duly things pacified. At the break between innings, my captain looked at me disdainfully and wondered aloud where to have me field. That was embarrasing enough, he then remarked that I also dont run well after the ball. So after many "brain storming" sessions, I was sent off to field at third man where they thought the ball would come the least. For the first few overs, life was a bliss. I stood there often collecting harmless balls and rolling them back to the keeper.

Virgin islands dont remain undiscovered forever, they soon found out the Jonty Rhodes of the side. I suddenly found an increased frenzy of balls coming my way. Twice I hurt my elbow, courtesy my clumsy fielding. The captain grew desperate and in a strange move, put me in slips!
What is the worst he can do? He must have thought, drop a catch? The surface was so slow that the only catch a slipper could take was one when the keeper threw him the ball. Well, guess what?

A batter poked at a ball and it came my way, I went to my right before realising it was going to my left. Like a blite gazelle I turned and grasped the speeding ball which was travelling at close to 20 kms an hour and flicked it back towards the stumps. Ofcourse I was looking somewhere else when I threw it. A few moments later, my astounded team mates rushed to me to congratulate me for my exceptional effort. The bloke was run out and I also found that my antics had hastened the end of my worn out shirt near my armpits. Ofcourse I never gave a high five the entire match with my right hand :)

Miracoulously, I also took another catch a little later. This time, I was determined to protect my ugly face and got hit on the shoulder in return and the balls dobbled into my hands. Nothing else came my way, except standing there and irritating the keeper. He soon grew tired of me and stopped talking to me. I havent met him after that, so in many ways, those were his last words....... to me :))

The same devious means employed by our "friendly" opposition meant that we were bowling the 23rd over in a 20 over chase. It all boiled down to the last 2 balls and they needed 3 to win. The batter skied one and I gasped as I saw that it was falling around me. The keeper looked at me once and decided that there was too much investment at stake to risk a rookie with this catch. I still remember vividly that he pushed me off the ball's trajectory and completed the catch. He claimed his heroisim. I was just glad that I got my 20 rupees back. The extra earnings were ofcourse to be contributed to the "development" of the game at our club. Development included small eats and some cold drinks.

I still do remember very vividly the glorious sense of joy that engulfed the entire team. The boys rushing from all parts of the ground. Hugging each other and shouting as loudly as their vocal chords would allow them to. The smile was hard to remove from our faces. More joy came when we saw our "arch" enemy vanquished. We did shake hands later but it was hardly meant :)

This remains a beautiful memory till this day. I will write in more when the time comes.

Tuesday, October 14, 2008

Nice one i read a few days ago

Never argue with a fool, they will lower you to their level and then beat you with experience.

Monday, October 13, 2008

Recruitment Strategies for the last quarter

Devils,

I believe traditionally, atleast in India, this quarter (Oct to Dec) has always been good for recruitment organizations. The reason is very simple. During the previous quarter, many organizations spend a lot of time working through their annual budgets and hiring and expansion plans. Most of them decide by the end of September or early October and that is when the hiring frenzy starts. So what we can do when the sun is shining?

For a start, work closely with your team lead/manager to identify the pipeline of positions that need to be filled by your team. Take complete ownership of the positions allocated to you. By this I mean, you take complete responsibility of filling those positions. This way you remain focused throughout the rest of the quarter.

These are the days when no one can afford to be without a job. I expect that the traditional dropout percentage of 20% will not hold up this time. It could still be there, but most unemployed will be grateful that they have a job. Focus on building your candidate network during this time. There could be many within the candidate network looking for a job and you can tap them well at this time. This will also eliminate the dropout percentage since the candidate is procured through your network.

I have learnt from my experience at EmmayHR that you should keep your recruitment cycle to a bare minimum. This is a two way process, on one hand you have to have a great relationship with your client to ensure that the interview process is completed quickly and on the other, you have to ensure that your candidate has the lowest possible notice period. Keep in mind, this market is now of the seller. Candidates working somewhere are looking out since they know their job is on the line. The company will only be very glad to cut down further costs to keep themselves profitable. So if you are working for a company that wants to hire, then now is the time. Keep both ends happy and you will be smiling all the way to your closure.

IT and ITES companies are not going to hire massively. There are signs that most hiring plans are on target, but that could change very quickly. If your role is into hiring for IT/ITES companies, seek help from your team manager to try your hand at other industry verticals. Manufacturing, Engineering, Pharma are some sectors that are more stable than the rest.

Remember, it is you who has to be proactive in this day and age.

Trust this helps a little. Drop in your thoughts.

By the way, please welcome Mahalakshmi in to the gang. She worked with us sometime back.
Welcome Maha - Please do share your experiences as well.

Saturday, October 4, 2008

Career Empowerment: Help Employees Invest in Smart Career Paths

No matter what position or job we hold these days, new learning and remarkable energy is required for excellence. Time and money invested in work and learning is increasing. Our associates and managers are doing their best in times of rapid change and “iffy” futures. This article will give you some ways to support associates in making wise career investments – choosing and designing career paths with a future. You can provide guidance for associates to take some of the fear out of the future. A greater sense of peace and purpose will bring energy to your organization. Your investment gives them power.For years, the Leading Economic Indicators have been a guidance system for assessing various economic investments – stocks, bonds, real estate, CDs, foreign investments, gold, etc. We trust a wide network of financial experts to guide our decisions. These experts cover a broad section of our economic security – accountants, bankers, investors, economists, financial planners, analysts – people who have devoted much of their lives to studying economic security. This month we’re spotlighting masters in financial services. These experts have worked in the financial arena for most of their lives. They’ve switched positions and organizations but worked primarily in the financial services landscape. Their sub-disciplines vary – economists, researchers, investors, bankers and analysts. However, their familiarity with the breakdowns and opportunities surrounding their industry and the needs of consumers are common characteristics. In fact, anticipating or seeing those needs has given birth to thousands of successful organizations in the past twenty years.In this article we will: 1) present a quiz, based on Leading Career Indicators, that can guide you in helping associates make smarter investments in their careers; 2) provide examples of four different career paths found amongst todays workers and showcase people who’ve chosen those paths; and 3) raise several questions for HR professionals to better shape the investments managers and associates make in career development and talent management. Leading Career Indicators Countless business publications have formulated various indicators of health and risk in professions, industries, organizations and jobs. Most, however, present a partial-systems view, focusing on only one or two aspects of work. So, how does one design a career path in these days of major restructurings, upheavals in customer environments, dislocations, new technology and shifts in where and how work is done? Individuals need mental maps that help them navigate wise pathways and feel like they are in charge of their own careers – their own life journeys.A web is a useful metaphor for the system of work because it evokes intricacy, complexity, interconnectivity and strength. Using our Web of Work map, individuals can move easily from one work situation to another, carrying skills and applying them in new situations – industries, organizations, professions or new positions. As seen in our Web of Work model (www. MasteryWorks.com), work is an interdependent system. Movement and activity in any part of the Web of Work will be felt throughout the rest of the work system. The spider is ever-vigilant to see that its web is strong, well-positioned in the environment, and can be repaired or adapted quickly if conditions change. When individuals see the whole system of work, they are better able to anticipate changes and make strategic moves (change industries, organizations, jobs, etc.) in order to maintain control of their careers and put themselves in personally powerful positions.In order to better give systemic career guidance, our research for three years focused on the following questions: What did the fastest growing, most resilient industries have in common? What were the characteristics of the most-admired organizations? Did the least-admired organizations have anything in common? What professions would be required given the trends in various industries? Which were the riskiest jobs? Why? What were the characteristics of workers who seemed to rebound, no matter what happened to their job, profession, organization or industry?The product of our research is[b] The Career Risk Assessment – Leading Career Indicators® [/b]– forty factors that associates and talent management teams can use to assess the vitality of any sector of the Web of Work. People who have used this tool view work as an interconnected system in which jolts to one part of the Web have implications on others, e.g. changes in computer technology have impacted the jobs of brokers, bookkeepers, bank tellers, and macro-economic theorists.Much of the information employees want about career options is available in a Job Posting system. But, this information is only available when jobs are open. What would happen in your organization if all of that information was available to any employee, whether the job was open or not? Managers and employees could see the “whole court” and prepare for several different positions simultaneously. They’d have a great game plan and several reasons to stay and learn. No promises! Simply opportunities!Four Distinct Career PathsUntil the Industrial Revolution, the work destinies of most people were determined at birth – the uneducated or educated classes. People were “jobbers” – working in semi-skilled roles, with little chance of education or advancement; professionals – the educated class; or tradespeople, learning in an apprentice/master relationship. Few had the ability to move from one class to another.The Industrial Revolution changed career opportunities and created a middle class.Although many of the trades were automated (dressmaking, shoemaking, car making, apothecaries, cooking, farming, etc.), better work opportunities occurred for the masses. Semi-skilled jobs proliferated requiring minimal education and training. Millions of workers were on a career path of sorts within a particular organization. Their fates were tied to organizations. Many workers identified with their jobs rather than their trade or profession. Large manufacturing organizations became a safety net. The symbiosis could last for a generation and people could do well without necessarily mastering a profession or trade. In a sense, we had a new kind of semi-skilled “jobber.”1) Job-Centered Career Path – Semi-Skilled WorkersSemi-skilled workers are at risk today. “Jobbers” are dependent on the hiring and firing power of another and are at risk of being replaced by technology or those who work for less money (tellers, migrant workers, sales clerks, financial analysts, customer service call centers, toll takers, etc.). If the jobs go elsewhere or become automated, the person is at risk. If the company fails or decides to downsize, jobs disappear. If the bottom-line is weak, higher cost employees may be dismissed.Moving from job to job, company to company without serious attention to building strong skill sets in one or more professions or trades puts one at risk. Jobs are less and less viable for the long term. Any job with repetitive, redundant skills is at risk of being automated:bank tellers – ATM machines, toll takers – EZPass, SunPass, etc. check-out clerks – self-service laser scanners call centers – automated phone systems, fluently bilingual at the touch of a button. In addition, our new global work landscape puts semi-skilled workers in great jeopardy. Highly educated people in India and China, willing to work for less, are quickly taking the jobs of semi-skilled workers in the U.S. Companies are outsourcing core and non-core work in order to innovate faster and hire more specialists. Outsourcing is a cost savings as well as a talent management strategy for quickly acquiring the knowledge and skills required for the future.Unfortunately, much of our current literature and employment tools, center on jobs. We have developed job-posting systems, jobs.com, monster.com, careerbuilder, etc. The majority of organizations still base compensation systems on positions rather than mastery of basic practices in a profession or trade. Unless, individuals see their skill set in a wider context (the Web of Work), they risk losing their jobs and being unemployed. One of the most comprehensive books on the changing landscape of work is Thomas Friedman’s, The World Is Flat. He sounds the death-knell for the semi-skilled worker. Taking a job is simply a way to discover the kind of work that best suits your talents, skills and purpose. Keeping a job requires learning and mastery of one or more professional areas and choosing an organization or industry that needs what you offer. The semi-skilled administrative workers of a large Federal Agency were facing obsolescence in two years, with the advent of new computer technology systems. The Director and Executive team worked with MasteryWorks for those two years to help 600 workers ready themselves for the change. As a result 470 chose a profession or trade relevant for the Agency or another organization and moved into an educational path. Although their work disappeared, hundreds of them moved into a professional career path with a future.2) Multi-Functional Career Path – Generalists Millions of workers choose to be generalists. Their career paths span two or more functional areas (marketing, sales, customer service, management, biology, biotechnology, etc.). People move from one field to another, either in the same industry or organization or in others. One successful financial services executive called it the “hitchhikers approach” to careers. She systematically took whatever open positions she could land, not becoming an expert in any one field, but a very successful generalist.People choose to be generalists for a variety of reasons:Gain Breadth in an OrganizationMany of today’s careerists move temporarily into another profession or functional area in order to get breadth, depth or experience in another line of business, product or service. They see this as career enhancing, positioning themselves for multiple opportunities that may show up based on changes in organization strategies or industry trends. Prepare for General Management Many organizations and individuals create cross-functional career paths in order to prepare general managers. The prevailing philosophy for many years is that managers need not specialize in a specific functional area in order to be strong general managers. MBA degrees have fostered this kind of “jack of all trades” thinking for millions of people. In fact, many high potential programs systematically move new employees from one functional area to another as part of grooming them for management. My own philosophy is that you will be a better leader or manager if you have mastered one of the core professions essential for your organization. You will naturally command respect if you are already seen as a leader in a functional area. This does not mean you have a degree but rather that you have the respect that comes from successful practice in a field central to the organization purpose. Looking for Passion Others discover the functional area they may have majored in – finance, marketing, political science, biology, automotive engineering, communications, etc. – is not really of interest to them. They move into different functional areas to experience and discover a niche of greater interest. Lack of Opportunity Still others discover, after taking a job, that there are very few opportunities in their profession in the current organization. Because they like the organization for a variety of reasons, they move from profession to profession in order to either find a “fit” or stay employed.One of the better visual representations of career paths shows up in Johnson & Johnson’s career website. Individuals at J&J can choose between single-function career paths or multi-functional career paths. Both are rewarded and visible. Generalists Louis Rukeyser — Economic Advisor & Host of Wall $treet Week With Louis RukeyserLouis Rukeyser brought to his role as America's top financial expert more than four decades of globe-ranging experience as an award-winning television, radio and newspaper correspondent. His remarkable career straddled three distinct areas of the news–political analysis, foreign correspondence and economic interpretation--and he won unusual honors in all three. His financial expertise came from this cross-functional movementMichael Bloomberg — Mayor, New York CityA well known philanthropist and current mayor of New York City, Michael Bloomberg, has followed a cross-functional career path, although his financial acumen is probably the basis for his success. He graduated in Electrical Engineering from Johns Hopkins University and then worked for Salomon Brothers in equity trading, sales and systems development. He then founded Bloomberg L.P., selling financial information terminals to Wall Street, created a radio network and became Mayor of New York City. Well-managed, talent-centered organizations present multiple career paths. Individuals need not switch professions or move into management in order to build economic wealth or respect from their colleagues. They have a choice.3) Profession-Centered Career Path - SpecialistsCountless others define their career success as growth, learning and development in one profession or trade. Their loyalty is to learning and gaining more and more mastery – depth and breadth. People are willing to change jobs, organizations or industries to continuously learn and excel in their profession or trade. Such people want to hang-out with others like themselves. Early in their careers, they find internships and apprenticeships that allow them to work with the “best.” They seek out mentors and coaches for feedback and colleagueship. They raise the bar in terms of the types of projects and problems that capture them.K. Anders Ericsson, in his 2006 book, The Cambridge Handbook of Expertise and Expert Performance, (1) refers to the Ten Year Rule, an intriguing finding dating to 1899. The rule shows that “even the most talented individual requires a decade of committed practice before reaching world-class level.” He echoes the work of George Leonard in his book on Mastery, saying that it takes a minimum of ten years to master any profession or field (2). “Almost without exception, those we know as masters are dedicated to the fundamentals of their calling. They are zealots of practice, connoisseurs of the small, incremental step. At the same time – and here’s the paradox – these people are precisely the ones who are likely to challenge previous limits, to take risks for the sake of higher performance, and seen to become obsessive at times in that pursuit”. Our research shows us that some sectors of the Web of Work are more fundamental and enduring than others – especially professions and trades. We believe that choosing a profession or trade is the most important career decision people make. When HR professionals help associates see the trends in their professions and the needs of customers, more innovation and strong progress will be made, organizationally and individually. In fact, innovation only happens in these instances.Scott Cook, the founder and director of Intuit, claims “Innovation happens at the junction between business and customer needs, not from executive ideas or lonely geniuses within the company. Indeed, innovation bottlenecks are often at the top. Creating a culture of innovation is about nurturing customer observation, incubating new ideas, reading the trends, celebrating failure, and staying out of the way.”Those keen observers we hire and nurture with a systems view, deep skill in a profession or trade, and confidence in themselves will lead us to the innovation required in so many of our industries today – health care, transportation, environmental health, education, finance, housing, etc.As HR professionals, we can position and display all jobs within the professions or trades in which they reside. Our experience shows that even in an organization of over 350,000 workers, there are only 12-15 core professions. The largest volunteer organization in the world, The American Red Cross, had a little over three million paid and volunteer staff when MasteryWorks consulted there. However, there were only twenty-six distinct professions and trades. Functional and Multi-Functional Career Paths could be designed by individuals and managers, once that organizational map was clarified. People could see the entire system and design accordingly. Specialists Peter Lynch — Mutual Fund Manager, Magellan Fund Peter Lynch started with Fidelity as a young man, analyzing the textile industry. Lynch ran Fidelity's Magellan Fund for thirteen years (1977-1990). In that period, Magellan was up over 2700%. He retired in 1990 at the age of 46. Gail D. Foster — Executive VP and Chief Researcher for The Conference BoardPrior to her current position, Ms Foster was SVP of the Conference Board, Finance Director at Caterpillar, Inc. and Finance Director, Baxter International, Inc.She moved from organization to organization to hone her skills in finance. More... 4) Purpose-Centered Career PathMany seasoned professionals want to stay in their company and contribute their expertise to issues and problems of concern. They want to make a difference in critical issues facing their industry. The Lockheed Martin Company demonstrates one way to help professionals align their purpose with current organizational projects. The Career website lists a number of current projects that could attract key talent and harness a sense of purpose: -The multi-service Joint Strike Fighter -Classified systems for critical intelligence and vital national programs -Advanced live/virtual simulation systems that expertly train our troops -Awe-inspiring spacecraft for planetary exploration -Information technology for Homeland Security initiatives -Air traffic management systems that control 60% of the world’s flight traffic -Undersea, airborne and land-based unmanned vehicles -E-commerce, supercomputing and enterprise business systems -The world’s most powerful telecommunications satellites. Obviously, there are many projects within this company that are not included, but this is a great example of hooking individual purpose and interest with key organization initiatives. Areas for contribution rather than job or project boards can be a valuable tool for connecting the passion of workers with the multi-purposes of organizations. A real win-win!Frequently, people that are experts in their profession or trades become entrepreneurs and start their own organizations, foundations or social initiatives. They want to further a cause, create a new product or service or solve a particular social problem. They are driven to follow their hearts or minds – create their own paths – or follow their vision to create something new. In a sense, their passion and expertise helps them either transcend their position or profession and take on a larger purpose.Purpose-Centered:Henry & Richard Bloch — co-founders of H&R BlockHenry Bloch saw an opportunity to help small businesses in Kansas City and formed United Business Company in 1946. The company offered bookkeeping and other financial services to small businesses. A client, John White, recommended they advertise their tax preparation business in the Kansas City Star. The response to the ad was overwhelming. The timing was perfect. People had just received their W-2 forms. And H&R Block moved into the tax preparation business. See the bios of Richard Bloch (bottom) and his brother Henry Bloch (top) to understand how their original purpose grew and H&R Block became a household word in the United States. Suze Orman — Author, Speaker and Fund RaiserSuze moved from a job (waitress) to a profession-centered career (broker) to an entrepreneur, dedicated to educating millions about finance. USA Today has called Suze Orman "a force in the world of personal finance" and a "one-woman financial-advice powerhouse." She worked her way from waitress to trader at Merrill Lynch to being among those "who have revolutionized the way America thinks about money." Orman is the author of five consecutive New York Times bestsellers and has written, co-produced, and hosted five PBS specials based on those books. Her current purpose is to empower women with their finances. It’s evident from this article that there are many ways to design our career paths. One path does not suit everyone. And, given the length of time most of us will be working, creativity in designing a smart career path is becoming more and more important. Seeing clearly the four distinct paths, we can better advise and coach employees and managers on which paths are best for them.Five Questions for HR Professionals, Talent Management VPs& Executive TeamsBased on our research about the importance of seeing the whole system and having alternative career paths respected and available in an organization, we raise the following questions for your consideration:1. Has your organization clearly delineated the key professions or trades required to achieve the organization mission and strategic initiatives? Are these visible to all? 2. Does your organization have forums, newsletters, town meetings, websites, and communications that keep all associates abreast of the major changes in the Industry, so they can see the relevance of their profession and position? 3.Does your organization make it easy for associates to choose alternative career paths by making paths visible and providing comparable compensation? Associates can stay with their profession (functional specialty), increase their salary and value to the company and need not move into management. 4.Does your organization have a strong bias towards retaining, rewarding, and showcasing those associates who are clearly experts in their fields and on a mastery path? How are they spotlighted? 5.Does your organization consciously and consistently reward innovative ideas, create incubators for experimentation and employ the “best” in the core professions required for its mission?If you and your executive partners can answer yes to each of these questions, your people will be empowered to design careers that bring them and your organization respect, dignity, and strong finanical futures. Career Risk Assessment – Leading Career Indicators®(abbreviated version)We have developed 40 Leading Career Indicators that can help individuals and organizations invest time and energy in careers with a future. Twelve of those indicators are in the quiz below.Take this quiz to determine whether your choice of profession, industry, organization or job has put you in a low, medium, or high risk career situation. How likely are your career investments going to pay off?Answer Yes or No to these statements. Read the summary at the bottom.Profession/Trade – a field of study or action, with boundaries, that takes care of one or more of the basic human needs in the Web of Work, e.g., finance – investing, economics, banking, financial planning, accounting, etc. Yes No 1. My profession or trade is essential for this organization to fulfill its primary purpose. Yes No 2. I can easily carve out a career path in my profession or trade – adding more depth, breadth and skill – without needing to move into management. Yes No 3. People want to work in this organization because of its reputation for expertise in my profession or trade.Industry – individuals and organizations working on similar basic human needs – e.g. economic security, transportation, housing, health and well-being, etc. Yes No 4. My industry serves a basic human need that will exist for many years to come. Yes No 5. My industry is expanding - with growth potential - nationally and globally Yes No 6. My industry has products or services that fill a variety of niches.Organizations – people united around a specific purpose or mission.Yes No 7.My organization has a clear mission and inspiring sense of purpose. Yes No 8. My organization supports people to move easily from one area to another – multiple career paths. Yes No 9. My organization leaders come from core professions - they are well-known and respected in their profession and industry.Jobs – arbitrary ways to package work and projects that need to be done to achieve the mission of an organization. Jobs are usually made up of a small batch of tasks in a given profession or trade. Yes No 10. My job requires knowledge, creativity and growing skill – not easily automated. Yes No 11. My job is in one of the core professions/trades of the organization. Yes No 12. My job “fits” my values and interests – engaging my mind and heart.--------------------------------------------------------------------------------Score one pointfor each yes. Scores 9 – 12 = Smart InvestmentScores 5 – 8 =Potential RiskScores 0 – 4 =High Risk--------------------------------------------------------------------------------This mini-quiz is adapted from The Career Risk Assessment – Leading Career Indicators®. When used as part of an enterprise-wide career management system, associates begin paying attention to the entire system of work – their job, profession, organization and industry. Millions of associates are doing their best to “do a good job” and paying little or no attention to the changing environment that surrounds them. Thousands of employees and managers, who’ve used the test, have seen that their future viability is limited if they stay in a particular job, profession, organization or industry. They’ve taken steps to stay viable. They designed their career paths with their eyes wide open and had confidence in their decisions. The questions helped them see the entire system of work. As HR professionals or members of talent management teams, we, too, can look at any job or profession in our organization and see its future relevance. We can better prepare our employees for future changes and help them design wise career paths.
source: www.hr.com

Recruiters: never out of work

Headhunters, pressured on quality of delivery, fee and timelines, believe hiring will become more professional and technology-driven, and the sector will see consolidation.

For headhunters, the sun never sets. When the economy is on a roll and companies are on a hiring spree, they scramble to find the right talent. And as the economy cools down and firms lay off people, recruiters have the job of placing them elsewhere.
“The growth in the job market is fuelled by India’s growth, foreign direct investment, additions to the workforce, greenfield and brownfield projects,” says E. Balaji, chief executive officer, Ma Foi Management Consultants Ltd. “We estimate the creation of one million new jobs this year.”

This rapid job creation has, in turn, led to a phenomenal rise in the number of headhunters in India. The latest to join this niche sector are Mumbai-based staffing company Flex-i Staffing Solutions Pvt. Ltd, Bangalore-based human resources (HR) solutions start-up Ikya Human Capital Solutions Pvt. Ltd, and leading global search firm Russell Reynolds Associates Inc. Two other global executive search firms—CTPartners and AT Kearney Executive Search, now Edward W. Kelley and Partners Ltd—are said to be in talks to start operations in India.
“Hiring firms have been doing exceedingly well in the last several years in India,” says Marcel R. Parker, chairman, Ikya Human Capital. “Because of the high growth rates experienced in sectors like real estate, retail, telecommunications and financial services, the need for newer talent has also grown exponentially.”
The entry of multinational companies (MNCs) and a growing number of organized players has brought professionalism into the sector, say headhunters. “The recruitment industry in India has come a long way,” says Rajeev Vasudeva, partner, Egon Zehnder International. “Yet, like anywhere else in the world, the market is fragmented and has not got really structured, which will change over a period of time.”

“The recruitment industry is moving from one-off transaction-based recruitment to becoming a relationship-led business where credibility is the key,” says R. Suresh, managing director, Stanton Chase India.
The growth, however, has not been without its problems. “Some of the recruitment practices are quite devious,” says P. Dwarakanath, director of group human capital at Max India Ltd. “What is happening, even at the senior-level hiring, is not really search but placement. Hiring should mean talent acquisition, and not just getting a candidate on board.”

Source: www.livemint.com

India's recruitment industry never had it this good.

Futurestep India, the recruitment outsourcing subsidiary of human capital resources provider Korn/Ferry International, opened its second office this week riding high on an increasing demand for recruitment services in the country. Its turnover grew 300% since it began its India operations in September 2005.
The industry is witnessing a year-on-year (YoY) growth of 40-50%. The market, including temporary staffing, permanent hiring, job boards and retained search, is estimated at Rs1,500 crore and is likely to grow to Rs2,500 crore by 2010, says a study by trade and investment consultancy Ace Global Pvt. Ltd for Manpower Services India Pvt. Ltd, an executive search firm.
Backed by a fast growing economy with sectors across the board on a hiring spree, the demand for recruitment services has grown exponentially in the recent past. The study says the total number of professionals employed in the IT sector alone grew from 2.84 lakh in 1999-2000 to 16 lakh in 2006-07 with 2.3 lakh IT employees added in 2005-06 and 3.8 lakh hired in 2006-07. The manufacturing sector, which accounts for 28% of India’s gross domestic product, recorded a YoY industrial growth of 10.6% in the first nine months of 2006-07. The auto sector employs more than 500,000, the banking industry around 900,000, with the number expected to go up to 15 million in five years.
Manpower demand has given rise to business for recruiters. As per the survey, the recruitment industry has around 1,000 organized players, and recruiters on an average have been handling more than 500 placements each. Then, there are more than 10,000 smaller players, who handle around 100 placements annually.
The recruitment industry itself has been on a hiring spree because of the huge demand for such services. For instance, the number of recruits for Team Lease Services Pvt. Ltd, a staffing firm, went up 186% in 2005-06 and 94% in 2006-07 and the firm currently has around 72,000 people on its rolls. Meanwhile, it has grown from five offices to 23 set-ups. Team Lease managing director Ashok Reddy says the firm clocked a turnover of Rs267 crore in 2005-06 and Rs560 crore in 2007, till date.
Stanton Chase India also recorded a YoY growth of 31%. “We’ve added over 15% new clients in the past one year,” says Venkat Shastry, partner, Stanton Chase India. For Manpower India, the number of consultants has gone up to 500 in 2007 from 70 in 2004, while the executive search firm posted a growth of more than 130% in 2005-06 and, according to its executive chairman Soumen Basu , “the company is expected to grow 100% over 2006.”
Little wonder that global search firms, too, are placing increasing importance on their Indian operations. “We’ve been strategically building our resources in India to keep pace with the increasingly important role the country is playing on a global and regional level for companies everywhere,” said Tim Nelson, president, Futurestep, Asia Pacific.
Headhunters say India and China are the two fastest-growing markets, “with both clocking around 100% growth,” said Basu.
Interestingly, recruiters are broadening their portfolios, which were skewed towards IT, ITES and financial services sectors. Market watchers say, in the future, retail, manufacturing, telecom, pharma and health care will lead the pack.
Source: www.livemint.com