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Thursday, September 19, 2013

An Interview Excerpts

So, recently I took an interview of my class senior. The result was to judge whether I am "Domination material" (college magazine). I am publishing here the full interview of Vaibhav Shrivastava.




“I WRITE TO SIMPLY SHUT DOWN MY THOUGHTS”
                                                                                                                                               -VAIBHAV SHRIVASTAVA

                                                                                                      (An interview by Kunal Bansal)



What were you doing prior to joining Doms, IIT, Roorkee?
After my engineering, I joined Infosys. 2nd July, 2012 was my last date in Infosys and on 22nd July, I joined Doms.
Maybe this question must have been repeated to you umpteen times before, but still I would like to hear from you, why MBA?
 See, MBA is as much a degree of an individual as much of an institute.  I mean, it differs from person to person depending upon their perception, their ambition, their skill set. MBA for me was a way to come out of my shell. I had certain qualities, I wanted to nurture more. I had certain deficiencies; I wanted to go away with. And in a way, I would say that I have succeeded. What MBA does is, broaden your horizon, your way to perceive other things. For example, I did my internship in advertising.  My view towards business is completely different now. I look at businesses as less risky and more profitable; previously, it was the other way round.
 
Since you did your summers in advertising and at the same time taken marketing as your specialization. What prompted you towards it?
First of all my skill set and my reasons for joining MBA program were pretty clear. Being an engineer and working in a corporate while in Infosys, my purpose in MBA was to understand businesses and communicate that to clients. By communicating businesses, you talk about your organization’s goal and other salient points and in a way, you sell. And selling is all about marketing. Basically, I see myself as a person responsible for transforming needs into a product like a brand manager or a marketing strategist.

Sunday, September 1, 2013

Employee Poaching


 Web definition:
The act of enticing key employees from one competing firm to another.

    Why is this even worth a topic to debate? Well, for me, if some other firm is giving better incentives and lots of mullah, does it really matter whether my present employer is worth leaving? For starters, the net worth of every company is his people and the satisfactory index of the employers is what defines the real assets. Not the patents, not the machineries and certainly not the closing-opening stock. Now, if you are not creating a suitable environment for your employees, it is certainly your loss.
    According to a study by The American Society for training and development predicts that by 2015, 60% of the new jobs created will require the special skills held by only 20% of the population. In 1991, by contrast: Less than half of the U.S. jobs required skilled workers. Hence, the poaching.        
                                 

                                                                              
Where does the problem lies then?
The problem lies in the unethical way and going beyond what is fair and legal. For ex. well known stock brokering firm Ord Minnett recently fell foul of restraints in a different way. It used the confidential information of Wilson HTM, an employer of some individuals who were angling for jobs at Ord Minnett, to try and 'lure away' even more of Wilson HTM’s employees.