All
those from the new-pro brigade want to get into Information Technology
as it offers faster growth and of course remuneration to match your
skill set or even more.
From trying to get a decent job in technology arena, the new age
IT pro is now all out to grab the top ranks in tech companies. Due
to the increasing competition not only have the positions grown
in numbers, the number of contenders has also gown up drastically.
What does it take to reach the top of the ladder in tech
companies? What are tech CEOs made of?
"A good engineering degree is definitely a plus, but can not
guarantee you a top slot in an IT companies. A management and engineering
combination is definitely the ideal profile," says Gita Dang,
Senior Client partner Korn Ferry International. Gita specialises
in recruiting people at top levels especially in the tech arena.
Companies are looking for someone who can make them stand out in
this rush of tech firms. "We generally look at people with
over 18 years of experience in the industry," she says. Apart
from the routine knowledge of the industry and the key challenges,
today's scenario also demands someone who is capable of working
in a global environment.
The tech marketplace is changing by the hour. The right candidate
would be the one who understands not just the marketplace but also
the effect of a particular technology on the business.
India is fast gaining importance as both the market and the resource
for technology. MNC's want to cash in on India’s talent and
the vast pool of consumers.
"They want someone who can be understand the domestic market
well and is also able to project it in relation to global business,"
Gita says. Though the common notion says that a technically qualified
person would do well when placed at the helm of affairs in a tech
company, it's not always true.
Many companies have the position of a business analyst who has
substantial management experience along with technical qualification
or vice versa.
In today's business driven word, technology has to be driven towards
achieving business goals and developing in niche areas. So do techies
have to shift to management to be at the top?
"They should rather stick to technology as that is the strength,"
says Rajul Garg, COO and VP Induslogic. "Being hands-on with
technology always a plus. Not only that technology is at its peak
and people are ready to pay for the best talent," he adds.
Good business skills are necessary to run a company in any industry,
and tech CEOs tend to focus more on good technology to make business
success. In this competitive world, the coolest technology will
fetch nothing if you can't market it properly, or if consumers aren't
ready for it.
That's what makes the CEO's or any other top ranking position so
coveted and of course so very well paid.
Pay packets
As far as Indian market is concerned, we can now say the packages
are at par with the global standards. The salary range is very wide
depending upon a person's skill set. More than that, scarcity of
the talent you have will decide what your worth.
Some very eligible candidates are missing out on great opportunities
as they see a mirage is terms of salary. Since there has been so
much hype about tech salaries, candidates wait for unrealistic pay
packets.
If you think you have all of that and are ready for the top job,
wait! A person has to pass through at least 4-5 rounds of interviews
well before the salary negotiation begins.
Working for a tech company brings with itself the added challenge
of keeping oneself continuously updated. Thanks to fast hanging
technology, skills become obsolete overnight.
Age Factor
There's been so much talk about people getting to top positions
at young age, courtesy tech jobs. But considering the prevalent
trends, the companies in India and even MNCs remain more or less
conservative in this regard.
The average age for a top rank still remains around late thirties
or forties.
And where do the firms find the hot CEO material?
"In India the internal recruitment network is still very strong,"
Gita says. Firms depend less on recruitment agencies or head hunters.
All of us seem to have loads of it, don't we? Hang on you young
pros! If you think that your attitude will get you your dream job,
here's an eye opener.
If you think top jobs are only about managing people, get your
facts right. Hands-on approach can give you an edge over others.
Apart from being a good manager, the CEO should also be able to
rise up to the occasion when the ace techie doesn't turn up. This
is more relevant when heading start ups.
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