‘Gloom to be replaced by a positive outlook in 2014’

Deepak Adhar, vice president – Human Resource & Administration, Decorative division, Greenply Industries Limited, shares the recruitment outlook for 2014

Top 5 recruitment trends of 2014

•             Overall, cautious, especially for short term

•             Focus on campus for long term business perspective

•             Preference will be given to graduates, instead of post graduates

•             Senior level hiring may stagnate

•             Better economy may result in bucking these trends

Top Industries to work for and why…

Emerging: Defense production – Self-reliance in defense production is quintessential for sustainable economic growth. Apart from ensuring security for economic activity, PPP (public private partnership) in defense production becomes a major driver of economic activity. Opening of this space to the Indian private sector is an indicator that this would be the strongest emerging industry.

Stars: Infrastructure- Economic growth cannot happen without infrastructure and there is an immense demand supply gap.  PPP model to meet the shortfall makes this a winning industry.

Stable: FMCG, BFSI and Healthcare -Our domestic markets, as also markets in developing economies should provide stability to this industry.

Top 5 professions of 2014 and why?

Human resource professionals: Despite our overwhelming population there is an acute shortage of employable talent. Capability of Identifying, attracting and holding on to the appropriate talent pool would, therefore, be key differentiator in all industries. Further, up-skilling the talent pool would be another key result area for business leaders to build efficiency and effectiveness.  Finally, aligning individual priorities with organisational goals through a vigorous performance management system, with robust performance metrics, would be the critical success factor for any organisation today.

Corporate law: With the ever increasing statutory requirements, whether it is with respect to transactions pertaining to human resources, environment, commercial issues and now even corporate social responsibility, apart from the routine drafting of contracts, applying for patents and responding to any litigation the law function remains critical for a business to safeguard its interest.

Sales: Revenue generation is the raison d’etre of a corporate and the sales force is at the cutting edge of this transaction. As the infantry soldier has remained relevant and critical to military warfare, notwithstanding technological advancement from swords to bows and arrows to gunpowder and even nuclear warfare, the sales profession is unlikely to lose its relevance to business ever.

Finance and Accounting professionals: Business cannot be transacted without finance, and accounting helps monitor utilisation of funds. Therefore, finance and accounts professionals will remain the flavor of all seasons.

Architects and civil engineers: For infrastructure development considering that this industry is a star.

Top 5 locations of 2014 and why?

•             NCR for its infrastructure and job options.

•             Bangalore for its opportunities, environment and weather

•             Vishakhapatnam for its infrastructure and rapid growth trajectory to be further spurred by Telangana split

•             Mumbai because it will always be Mumbai

•             Pune for its opportunities, security, weather and proximity/connectivity to Mumbai

2014 will be the year of…Hope and trend reversal where what was true yesterday may not apply anymore. The gloom will be replaced by a positive outlook.

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