Nope. MBA is not for getting middle management jobs. It is more for supporting the finance industry (infested with MBAs), consulting, marketing and general management...not mid management roles in IT companies.
Coming to 2020 we see 70% to 80% startup having operational issue due to poor planning, huge intake of poor quality candidates having low productivity but high salary and over estimation
startups ! we'll all startups started 10 years back are still in startup stage,..my worry is will these startups end up like the Chennai finance company scam in the late 90's, teak plantation finance scheme of 90's or like the Sahara group,..godforbid
Lack of visionaries who failed to realise that 'hardware& manufacturing ' is equally important'being slaves for 2 centuries, service remained the core area and 'software' moguls NRN,tata, premium made quick buck instead of simultaneously encouraging SOC !it's a heavy price India is paying!
Continuous learning is the key to survive in IT industry. Will Indians change their mindset and Govt provide opportunities towards that? Please please dont go and start an union which will destroy the whole eco system.
Now is the right time! Our government should work with these private companies and use this experienced and talent work force in empowering the e-Governance service throughout the country (under Digital India). All government bodies should be fully computerised with the applications in the local language. The general public SHOULD NOT meet the government officials at all. Every interaction should be through online, mobile app, public kiosks, internet cafes, call centers via ticket tracking system. This should be implemented 100% in all government bodies. This will eradicate bribery & corruption and brings transparency in all government processes and services, eventually the quality will be improved. This will automatically lead way for more manufacturing and production units in all sectors and will increase employment. Along with this transparent system, government should encourage innovative entrepreneurship ventures and bring banks as investment partners (not as loan vendors). Every innovative thought should be recognized, funded, incubated and turned into an employment/industry. By this way every sector (including farming and agriculture) will flourish. This can be implemented in next five to eight years if taken in full-fledged. I bet, if government think they can do this. They definitely have funds for this. They even can put a special budget for this I would say!
The ability to ensure certainty of happy life with good amount of health, wealth and stealth to hard working indians who has fairly good intensions. This should be core mantra on any governance or management. i think this is the VALUE which is beyond money. Hopfully we create more good managers!!!
Ban all US companies like googly,Facebook,yapple.writeoff all the US investments.Drop benefits for present US companies not only in IT.Leverage India is a biggest market.Deny all the international transactions in dollars better terminate billion dollar defense contracts to USA and put that in India's startup ecosystem rather than supporting foreign vc's for their returns. Basically Show the power of India.
People join these kind of companies for High job security, Office location nearby there home and Low/Average salary of good Work life balance.... But the real problem with these company is, that its purely doing Body shopping business. And its making a market impression that it has lots of good offshore projects at Indian branches. Hence this kind of situation arising.... The HR are totally aware of this but acting like Dog to keep there Job safe..... There are other good small companies who are very Transparent and clearly say in interview that they have only C2H positions with them.... So employee can take higher salary and high risk here..... There is NO SMART union labour or governments persons, who has next 100 year visibilty of our indian populations...
very well explained by Nitin Desai
Nitesh Shukla Nitin Desai doesn't think as old as he looks, a valuable advice, we have less VC's to guide startups ideals like Naval Ravikanth
A panel member should have been from Major IT firm such as INFY, TCS etc, it would have made the panel discussion much more diverse
frank Pereira is best there is
Great points well made, tks Mr TK Arun. All the discussions are nicely moderated by you, tks Mr Pereira.
Demand for MBA degree will go down because the person said that layers of Management is deemed redundant.
Nope. MBA is not for getting middle management jobs. It is more for supporting the finance industry (infested with MBAs), consulting, marketing and general management...not mid management roles in IT companies.
Ended on a positive note. "There was a guy who applied for a job in FACEBOOK, got rejected. Then he made 'WHATSAPP'"
Ran Vijay Singh Then Facebook bought WhatsApp.
by paying $19 billion
pine perception kudos And why does that mention of their religion and your perceived notions of their caste is important to you.
Coming to 2020 we see 70% to 80% startup having operational issue due to poor planning, huge intake of poor quality candidates having low productivity but high salary and over estimation
Indian companies like TCS, Wipro and Infosys are service companies like car mechanic.
Raghav Sharma Tech Mahendra is worse
Sooo
startups ! we'll all startups started 10 years back are still in startup stage,..my worry is will these startups end up like the Chennai finance company scam in the late 90's, teak plantation finance scheme of 90's or like the Sahara group,..godforbid
Lack of visionaries who failed to realise that 'hardware& manufacturing ' is equally important'being slaves for 2 centuries, service remained the core area and 'software' moguls NRN,tata, premium made quick buck instead of simultaneously encouraging SOC !it's a heavy price India is paying!
Continuous learning is the key to survive in IT industry. Will Indians change their mindset and Govt provide opportunities towards that? Please please dont go and start an union which will destroy the whole eco system.
Now is the right time! Our government should work with these private companies and use this experienced and talent work force in empowering the e-Governance service throughout the country (under Digital India). All government bodies should be fully computerised with the applications in the local language. The general public SHOULD NOT meet the government officials at all. Every interaction should be through online, mobile app, public kiosks, internet cafes, call centers via ticket tracking system. This should be implemented 100% in all government bodies. This will eradicate bribery & corruption and brings transparency in all government processes and services, eventually the quality will be improved. This will automatically lead way for more manufacturing and production units in all sectors and will increase employment. Along with this transparent system, government should encourage innovative entrepreneurship ventures and bring banks as investment partners (not as loan vendors). Every innovative thought should be recognized, funded, incubated and turned into an employment/industry. By this way every sector (including farming and agriculture) will flourish. This can be implemented in next five to eight years if taken in full-fledged. I bet, if government think they can do this. They definitely have funds for this. They even can put a special budget for this I would say!
illa gotilla
very nice discussion.
The ability to ensure certainty of happy life with good amount of health, wealth and stealth to hard working indians who has fairly good intensions. This should be core mantra on any governance or management. i think this is the VALUE which is beyond money. Hopfully we create more good managers!!!
Its never happens in india our ppl are adopts services only
Ban all US companies like googly,Facebook,yapple.writeoff all the US investments.Drop benefits for present US companies not only in IT.Leverage India is a biggest market.Deny all the international transactions in dollars better terminate billion dollar defense contracts to USA and put that in India's startup ecosystem rather than supporting foreign vc's for their returns.
Basically Show the power of India.
free time bakvas ....
People join these kind of companies for High job security, Office location nearby there home and Low/Average salary of good Work life balance....
But the real problem with these company is, that its purely doing Body shopping business. And its making a market impression that it has lots of good offshore projects at Indian branches. Hence this kind of situation arising....
The HR are totally aware of this but acting like Dog to keep there Job safe.....
There are other good small companies who are very Transparent and clearly say in interview that they have only C2H positions with them.... So employee can take higher salary and high risk here.....
There is NO SMART union labour or governments persons, who has next 100 year visibilty of our indian populations...