This is an article by our guest author, Mr. Mukul Jain. It is the summary of his talk given at Jaypee Institute of Information Technology on 18th Nov., 2010. The talk was primarily aimed at addressing the final year BTech students.
Abstract of Talk:
With the advent of Internet and mobile communications in the last two decades, the business is becoming increasingly global and its velocity has increased. This is most evident in the IT services sector in India. These trends are going to play out increasingly more in the coming decades leading to a world which is full of new opportunities. Making a career choice in an opportunity rich environment therefore would require an increased understanding of the nature of future job markets. The talk higlighted some of the key underlying trends which are going to shape the future.
We will also focus on the individual traits which are often overlooked while making such decisions but have a huge impact on realization of the full individual potential. Overall the talk stimulated a deeper thinking on this topic.
1. Prevailing Wisdom
Job security and career growth is synonymous with large company jobs
Money is the overriding factor
Peer/Parental pressure to follow a path which is in vogue
Maximize immediate gains
Failure is not acceptable
Get Any job rather than the Right job (esp. in the campus recruitment)
2. Future Trends
World is flattening – Barriers of distance, time, language, and culture are crumbling
Shorter life cycles for Products, Services, Technologies, Business Models, and Corporations
An alternative with a better price/performance curve will happen sooner than later
Innovation canvas is getting bigger and more fertile with increasing cross fertilization across people and domains
Increasing manifestation of Power Law
3. A Different Approach
Maximise fulfillment during the entire life span
Leverage your Strengths
Align with what you truly Enjoy
Keep yourself Challenged
4. Intrinsic Traits
Thinker or Doer
Specialist or Generalist
People or Task orientation
Control or Collaboration
Structured or Flexible
Preserving or Creating
5. Additional thoughts…
Foundation years are critical to discover your potential. A workplace that facilitates this is far more valuable.
Job security has a new meaning – having a job and not necessarily the same job
Focus more on the value that you bring
Measure your success by the impact/contribution you make and not by the title/salary
Take ownership of your career goals
Mukul Jain has spent 30 years in the technology business. He started his career with HCL’s R&D group and helped establish HCL’s product leadership in 80s in India. With the growth of software services sector in 90s, he co-led the development of product engineering services business of HCL Technologies. In his last job as COO of GlobalLogic, he helped the company emerge as one of the fastest growing product engineering services company with global delivery centers across India and Ukraine.
In his current position as CEO of MTree which he founded in 2005, he is incubating R&D in the areas of Computer Vision and Network Communications. He has a B.Tech degree from IIT Kanpur in Electrical Engg and is passionate about reading, innovation and technology.
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