Nice interesting article on how India is loosing out to Vietnam!
Poor HR policies to blame! Good resources are missing out on fakes and stubborn characters, who cliams to be the best!
Any organization to survive should be employee oriented.
Take the care of Wipro/Infosys/Satyam/Cognizant/EDS etc. Now Mindtree is a superb org. Sasken has been one. Many more are there and very sorry to miss out. There are some obvious miss outs, based on the HR policies.... and no process in the org.
As they say, a compnay is good as it gets, with better employees. This is getting stronger day by day. For the risk of opportunity a person, takes, co's should also provide sufficient time to prove for anyone at any level, starting from freshers. No one is a robot to work for batteries err.. peanuts.
If employees are not treated well, the co's go into trouble mode. Stocks are halved in price. Employee Morale goes down, natural attrition hits high.
Long live India!
Tuesday, March 04, 2008
Read this topic please.
There is a report on This clearly shows that not all activities are getting sent out of USA for work. 5 or 6 percent is very minimal. But there are cost leveraging advantages too!. To overcome this USA govt should be more liberal in giving tax concessions for businesses for training the locals on software and IT related trainings. Also the visa for work restrictions, may please be removed. If someone talented comes in from abroad, he or she would be able to survive only if there is good quality of workmanship, without which they would not be able to survive in this highly competitive world. Also those who come in to USA, would spend most of their earnings back into the society, helping to churn the economy in a better way. The time taken to explain requirements would be saved, if the same person is brought in at a highly competitive prevailing local wages.