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January 10, 2012 / samajdaar

Why Indians wish to move abroad

Weekly Econimic Times

Image via Wikipedia

An article in The Economic Times with an interesting headline made me read it with all the attention that could be mustered:
Young Indians prefer moving abroad for jobs: Ma Foi Randstad

I thought and wished they would tell amongst other stuff why Indians want to move abroad more than any kind of people in the world, but they didn’t.
Well, I might have a few cents to share here ūüôā

Money is important, but more important is that you get your efforts worth money, not just what the employer thinks you should get.¬†I guess that’s the reason many creative field people go as freelancers too!¬†You get your work’s worth only when you are your boss, and sometimes even that might not be possible with the pan-India concept of Negotiation. Even when the person has given his/her’s 100% and you know it, but it is customary to negotiate on the price; so what if you know that he/she is asking each penny of what the work is really worth.
(But freelancing is not for everyone and every type of professions. I for one have been looking all around startup spaces to find if I can find anyone looking for MBAs, with no luck) 

There was a view widely held that IT industry is the harshest, with the long hours, too much workload et.al. but from what I have been able to gather after meeting friends from different fields, it seems every industry in India is pretty much like this. People from various professions work hard – Telecom people, Accounting professionals etc – and everyone is sort of underpaid. Yes! It would be right to think ‘But everyone thinks they are making less!‘ but that if a large portion of population resonates the same feeling, there’s got to be something amiss.

This makes it all clear that rather than looking for a price hike while moving to jobs abroad, employees are looking for suitable job profiles and not a price hike.

Do you think you were/are well paid? If not, what did you do to fix that?

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January 09, 2012 / samajdaar

a Bio or a Resume or a what?

English: Pilates. Creative Commons

Image via Wikipedia

You need a bio to tell the creative world that you have arrived. Why? Because The Resume Is Dead, The Bio Is King. Well sort of!
What good is a standard resume to a creative professional anyways? The prospective client or employer wouldn’t be able to see your work. No use right.

Seth Godin had a similar view. His post¬†Why bother having a resume?¬†resonates with the same feelings. He even goes on to say “A resume is an excuse to reject you.
But then if you don’t have an amazing spectacle to share with a great employer whom you are expecting to hear from for a great job; what really do you have to offer them?

Go the extra mile (or a few miles) to show them that you are different and get that job!

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January 08, 2012 / samajdaar

Things to avoid in a Cover Letter and Resume

Resume DesignThere are somethings that you should do (read: write) on your resume, and then there are some that you shouldn’t do.

What all you should include is what the jobs asks for, the details that the description of job says. If you don’t tell the recruiter that you have all the skills that the job needs, there’s no point in sending in a resume, is there?

BUT you need to be extra careful what you should NOT include in your resume, and cover letter.

Some words, keywords,¬†clich√©d¬†words that shouldn’t be used for various reasons are:

  • Approximately
  • Assisted
  • Attempted
  • Team player
  • Implemented
  • Professional
  • Hopefully

more in the article at YouTern.

You are a leader, and you need to show that – use definitive words!

Then there are some phrases & clichés that need to be avoided:

  • To Whom it May Concern
  • I Just Need a Chance
  • Salary Expectations
  • The Reason I Left‚Ķ
  • Objective Statement
  • References Available Upon Request
  • It Was¬†a Dark and Stormy Night‚Ķ

details in the article at YourTern.

A few (quite a many in fact) points are also stated here for making a strong resume, but I am not sure if we should believe a website which has such a weird and unclear font usage.

January 07, 2012 / samajdaar

Deferred Placements for Entrepreneurial ventures

 

Indian Institute of Technology Bombay

Image via Wikipedia

Now that’s a novel concept.
IIT Bombay has started this concept where students willing to be entrepreneurs can go ahead with their ventures, and if they do not achieve success they can go back to the alma mater unto 2 years later and go through the normal placement processes.
But the catch is that the students who will be allowed such leeway will be scrutinized by a special panel who will evaluate each venture and decide on which ones will be offered security under this initiative.

On one hand, I think this is a welcome steps for many who might not be able to get their startup where they had planned to, but on other hand I think once you ‘startup’ there’s¬†no looking back to a normal job.
It’s a welcomed initiative anyways!

I just wish there were more college who would encourage students to go entrepreneurial way!

January 06, 2012 / samajdaar

Urgent but not Important?

Have you ever thought that what is urgent might not be important?
I know, right? Why would there be a difference?

Urgent needs to be done as soon as possible,
and,
Important, it needs to be done soon and surely.

Well quite the same aren’t they?
Not really you know.

Urgent is what needs to be done soon, but it doesn’t mean that it is all that important. Missing out on urgent can have some penalty with it, but missing out on an important surely will have a loss related to it.
You don’t want to miss out on what’s important while doing what’s urgent.

Consider a scenario:
When you reach your office, there is a client email which needs to be replied urgently; and also there’s an important task that you need to do so that the project is not halted.
What do you do?
Perform the Urgent or do the Important?

How to double your productivity in 30 minutes

January 05, 2012 / samajdaar

KIOS

KIOS!
Say what?
Did I misspell and put an O instead of an S there?

No I didn’t!

It’s “Keep It Open Source“! KIOS.

So I am an ex-Software Engineer (later a Senior Systems Engineer, but I am not going there), and I know a thing or two about softwares. Or I thought I did.
I faintly remember the first few days of Induction in the IT giant, we were to sign on an agreement, which in part sort of detailed the ownership of softwares we will be developing, testing or more. It (the software & any patent if received) would be rightfully the company’s property, or if the contract said Organization for which the project was being developed. Fair Enough!
None of us knew any better, and hey that’s the way IT Services industry works.

But that is not the way Software always has to be.
Complete opposite to proprietary software is the Open Source Software.
Proprietary says Copyright, Open Source says Copyleft.

Copyleft

from Flickr

I came to know of Open Source with WordPress which is a blogging platform for some, and a CMS for some. What WordPress is today is all thank to the thousands of people contributing to it’s core code. It has improved from what it was when launched to an amazing software thanks to the WordPress community.
The amazingness of WordPress being open is that people can build any kind of website using it – be it a personal website, an eShoppers paradise, or simply a blog. All you need is know-how of PHPMySQL ad you can do wonders, since the code is available to all and FREE!

Thanks to article.

January 04, 2012 / manveetSingh

Making Better Presentations

Microsoft PowerPoint Icon

Image via Wikipedia

Embedded below is a SlideShare Infographic.
It basically goes onto show importance of Content Marketing, but that is not the purpose I have shared it here.

I am sharing it because of the last section – The Optimal Presentation. It goes onto show (and give a definitive word) the style of Powerpoint I have trying to get across to fellow students for sometime now.

You don’t read from the presentation. You let it speak for itself. Speak only what is not there in it.

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January 03, 2012 / samajdaar

Don’t “spray and pray” with your resume

Spray & Pray

Image by Martin Whitmore via Flickr

MODIFY and make it work for you!
Customization is the ‘word’.

Spray and Pray. What does it mean anyways?

Have you ever done this:

  • Created a resume, a generic one, detailing all your academic-scholarly-extracurricular activities amongst many other things,
  • and just let it out loose to probable recruiters
  • Then sit and wish that you would get a call.

Well my! You do know what Spray & Pray means.

But that’s not how you land your dream job out in the real world though!
You need to do more. Go that extra step.

What you need to do for this is (what you should already be doing anyways, but still)

  • Read the Job Description properly,
  • and customize your CV to match the expectations.

That’s it.

You are ready to Roll ūüėČ

January 02, 2012 / samajdaar

Enterprise Resource Planning

Image representing SAP as depicted in CrunchBase

Image via CrunchBase

Enterprise Resource Planning transversely consolidates entire organization’s interior and exterior management information, enveloping finance/accounting, manufacturing, Customer Relationship Management, sales and services, Supply Chain Management, Human Resource Management, etc. With the objective to simplify the flow of information between the functions of inner and outer boundaries of the organization and manage the outer stakeholder’s connections, ERP systems automate this activity with a consolidated software application.

ERP systems with the ability to run variety of hardware and network configurations bestow a database as a repository for information.

ERP includes following characteristics:

  • An integrated information system.
  • Consistent design engineering for each module
  • Order tracking
  • Embezzlement and industrial espionage protection
  • Common database supporting merging all applications

Following are ERP modules:

Financial/Accounting (FI/CO)
The Financial and Control module manages all the financial information of an organization. Its basic features are General Ledger (GL), Accounts Receivable (AR), Accounts Payable (AP), Asset Management/Accounting (AM/AA), and also all financial reports.

Human Resources (HR)
The Human Resources module helps the HR professionals in the organization to manage the complete information and processes of the employees with high efficiency and low cost. Their major tasks include Organizational Management, Personnel Administration, Time Personnel and Payroll management, Budget management, Training and Event management, etc.

Manufacturing
The Manufacturing module manages all manufacturing processes. Its tasks include engineering, Bill of Materials, work orders, scheduling, activity based costing, workflow management, cost management, product life cycle management, manufacturing projects, manufacturing flow, quality control, capacity, manufacturing process, etc.

Supply Chain Management (SCM)
Supply Chain Management comprises all storage and movement of raw materials, finished goods, and work in progress inventory from the point of origin to the point of consumption. Supply chain management manages the following tasks like order to cash, inventory, order entry, purchasing, product configuration, supply chain planning, supplier scheduling, inspection of goods, claim processing, and commissions processing.

Project Management
Project Management is the series of steps of planning, organizing, securing and managing resources in order to achieve pre-defined goals. A project which is temporarily endeavored with a defined beginning and end (usually time-constrained and often funding or deliverables constrained) is undertaken to achieve predefined unique goals and objectives, in order to get beneficial change and added value. Project management aligns costing, billing, time and expense management, performance units and activity management.

Customer Relationship Management (CRM)
Customer Relationship management comprehensively executed strategy for managing a company’s interactions with sales prospects, customers and clients. With technology it organizes, automates and synchronizes business processes with a core principle of sales activities, but also those for marketing, customer service and technical support. With specific objectives to find, attract and win new clients, nurture and retain those the organization already has, it entices former clients back into the fold, and reduces the costs of marketing and client service. Customer relationship management has the following advantages: Quality and efficiency decrease in overall costs, decision support, enterprise agility and also customer attention.

Access Control
Enterprise resource planning comprises an important feature of access control. All data in the ERP are in one single database. Access to the data has to be secured not only at the application level, but also at the operating system, network and database levels through specific controls. Access control evaluation in an ERP is a tough exercise and requires good skills with the particular ERP. Many ERP’s use the concept of roles, assigning standard authorization to the roles and attaching the roles to the users as per the job descriptions and duties required to be performed. Access control enables protection of data, manipulation and hacking of data.

Advantages

The fundamental advantage of ERP is that integrating the myriad processes by which businesses operate saves time and expense. Decisions can be made more quickly and with fewer errors. Data becomes visible across the organization. Tasks that benefit from this integration include

  • Sales forecasting, which allows inventory optimization
  • Order tracking, from acceptance through fulfillment
  • Revenue tracking, from invoice through cash receipt
  • Matching purchase orders (what was ordered), inventory receipts (what arrived), and costing (what the vendor invoiced)

ERP systems centralize business data, bringing the following benefits:

  • They eliminate the need to synchronize changes between multiple systems – consolidation of finance, marketing and sales, human resource, and manufacturing applications
  • They enable standard product naming/coding.
  • They provide a comprehensive enterprise view (no “islands of information”). They make real – time information available to management anywhere, anytime to make proper decisions.
  • They protect sensitive data by consolidating multiple security systems into a single structure

Disadvantages

  • Customization is problematic.
  • Re – engineering business processes to fit the ERP system may damage competitiveness and/or divert focus from other critical activities
  • ERP can cost more than less integrated and/or less comprehensive solutions.
  • High switching costs increase vendor negotiating power vis a vis support, maintenance and upgrade expenses.
  • Overcoming resistance to sharing sensitive information between departments can divert management attention.
  • Integration of truly independent businesses can create unnecessary dependencies.
  • Extensive training requirements take resources from daily operations

Thanks to ERP Solutions – Abak Infotech Pvt Ltd

January 01, 2012 / samajdaar

Start Up – wish & will

Birla. Tata.
What do these names tell you?
They are Business Empires. Though you know that technically they were once a start-up too, but you find it hard to imagine them running like a start-up does. Because they are huge empires today, and they have established themselves in various spheres of our lives in many ways.

“They’re rare because they take a lot of money, time, and conquest to build.”

Facebook. Reliance.
Howsoever huge they might get, deep down your heart you know it’s because they were at the right place, at the right time, and welcomed their moment with open hands. They are the¬†Powder Kegs.

“They’re rare because they’re all about the perfect idea, which involves doing the right thing at the right time.”

But still whenever a start-up is born, its wish is to become a Movement. It is the most common attempt. If it is a mainstream idea, it keeps on growing and you get the needed traction big enough to probably turn it into a revolution.

Everybody hopes to be an Empire at the end of the day, but it necessarily won’t end like this.
Nobody hopes that they implode like a Powder Keg, but still some do.

Think straight, think ahead, and try to define what kind of company you are trying to build beforehand.

You need to know Are you building an empire, sparking a powder keg, or starting a movement?

December 30, 2011 / samajdaar

Persistence pays

Image representing Squidoo as depicted in Crun...

Image via CrunchBase

Persistence they say pays up, always.

When you are a new company, a startup, a fear of a large corporation doing something along the same lines as yours is a fear you might live in. Hey! It might even make you wonder more than a few times to rethink what you are doing, or plan to do!
But if you are sure of what you are doing, believe in it, and you plan well, you are sure to succeed. Howsoever small you might be, if you know what you are doing, theres no stopping you.

Take for example as Seth Godin talks about Squidoo. Google launched Knol in Summer of 2008, and though not exactly but it was looked as a Squidoo killer by many, and that in itself is a scary feeling.

Our tiny team was in the headlights of a very big company.

But when you stand your ground, focus on customers, delivering what you promise; you are not hurt as much as people predict you would be.
Knol is going out in a few months time, but Squidoo is still running fit & fine.