Startups like InMobi, Myntra, Flipkart and others recruit, retain staff with Harley-Davdisons, Volkswagens

At emerging technology firm InMobi, a common slogan is “InMobi pays you to have hobbies”. Want to learn guitar, a new language, or how to paraglide? Employees can enroll on a course and on completion, InMobi will reimburse up to $800 of the cost. Personal development of individuals has not just been encouraged, it has in fact been made part of every employee’s overall goals at InMobi.

Also, starting this year, every employee who stays at the company for three years will be eligible to get a Harley-Davidson bike, a Volkswagen car, or De Beers jewellery. Says Monisha Tambay, vice-president of people operation at InMobi: “We are working towards building a dream company. We are doing that by thinking out of the box when it comes to HR practices, wiring together policies that enable employees and investing in our people since therein lies our foundation for a successful future.”

Even as traditional IT firms struggle to find and keep people, emerging tech companies and startups like InMobi, Myntra, Flipkart and Book-MyShow are adopting innovative ways when it comes to rewarding, training, developing and recruiting talent to build their foundations on.

“Startups need to hire the best people, create opportunity for people to give their best, and provide lucrative ways to retain employees,” says Nishchae Suri, partner and country head, people and change, at KPMG India. “Since they do not have large teams, they need programmes that bring out the best in their employees and improve contribution at a faster rate than more established companies.”

Every Monday morning at TaxiForSure, an employee discusses an inspiring story that does not have to be related to corporate life. “It should help people in rethinking the way they look at things and providing new perspectives to life,” says co-founder Aprameya Radhakrishna.

Weekly inter-team quizzing takes place where the team that wins, keeps the trophy till next week. The startup gets its top brass to address specific issues of teams. The issues could be as varied as ‘making better presentations’ to ‘managing conflict’.”Leaders are forced to understand issues at a deeper level, because without that they can’t answer questions or provide insights,” added Radhakrishna.

This January, BookMyShow, which helps people book tickets online for movies and other events, took a big step in ensuring retention. The company offered its shares to 50 of its 200 employees for the first time in its 10-year history. Out of 50, five were office boys and one was a secretary. The shares were given mostly to those who have stayed at the firm for four years and more, while some were rewarded based on their performance despite shorter tenures.

“We are not following what any other firm has done. This was the right time to give something back because of their loyalty. And, hierarchy was not considered for this,” says Ashish Hemrajani, CEO and founder of BookMyShow.

At Myntra, employees are being given the opportunity to ask for training programmes that may not be relevant to their jobs. And the online shopping company foots half the bill.

“While some of our training programmes are mandated, there is the option for employees themselves to ask for training, even if it is not relevant to their job roles. We work with the employee to help figure out what assistance he or she needs,” said a human resource spokesperson at Myntra.

From a leadership development perspective, too, the fledgling firm is ensuring that it doesn’t fall behind. Every manager is given responsibility to find and develop his or her successor at any given point, and the company evaluates its leadership pipeline every six months. Online retail firm Flipkart has an intense training “boot-camp” right from entry-level employees to senior management.

New tech hires, for instance, are exposed to all teams that work on different technologies, and are presented with real-time problems for which they are expected to generate workable solutions.

It also has an internal knowledge-sharing forum for engineering teams, where the primary objective is to facilitate an exchange of perspectives among open-minded engineers.

Even at much smaller organisations, training is seen as the most essential component of talent management. With just 11 permanent employees, and 40 field staff, Three Wheels United is training employees on concepts of social business. “Many come from an NGO background and are unaware of business models in the social sector,” says CEO and co-founder Ramesh Prabhu. Three Wheels United helps auto drivers get a financial base and provides insurance. The start-up plans to rope in external help for business and HR initiatives.

Finding new talent remains the main focus for start-ups as they expand. “Hiring is the major sore point for startups. The most important thing when you are building a company is finding the right cultural fit, who also has the talent that you require,” says Amit Singh, co-founder of HeadStart Network Foundation, a not-for-profit that organises hiring events for start-ups.

To ensure dilution of company culture is at a minimum, InMobi plans to make 100% of its hires through employee referrals by 2017. Myntra, which hired 2,300 employees last fiscal year, recruits only fresh graduates from the Indian Institutes of Technology, Indian Institutes of Management, Indian School of Business and National Institutes of Fashion Technology. The company has five rounds of interviews for any role, and a large portion, more than 30% of its recruitment is through employee referrals only.

Others are giving “speed dating” a go. Head-Start’s Higher, an event which facilitates such hiring, saw close to 300 start-ups register for its latest edition in Bangalore last month. Typically, candidates — with two to 12 years of experience — are short-listed through an online platform.

On the day of the event, each start-up pitches itself for 60 seconds, following which companies and candidates interact in a “speed-dating” format, with three minutes given to each candidate to be interviewed. The recruiters then roll out the offers they want to make.

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‘Every start-up is a customer pain point that an entrepreneur spots’

To be an entrepreneur, one should learn there is no alternative to hard work, adapt to dynamic environment and get things done as a team says Gaurav Aggarwal, Founder and CEO, Savaari Car Rentals…

How did you start your career?

I started as a software engineer and worked through all layers of Cisco’s internet operating system for cable routers in US. I started out working at the application layer and towards the later part of my 10+ years @Cisco I was writing driver code for the latest and greatest of the line cards for cable routers. The biggest learning for me was the aptitude that I developed to understand as complex a system as Cisco’s internet operating system which had over 25 million lines of code and could switch millions of packets a second.

What was the transition like from a software engineer to an Entrepreneur?

The most difficult part was to leave the cushy job in US to move back to India and work full time on Savaari. However, it has been an exciting journey since the inception of Savaari. The first few years were spent in getting the business and financial model right. The model was that we can provide quality services to our customers on a pan India basis at very reasonable prices and still churn profits. We have been cash flow positive since our second year itself. In March 2012, we have raised our Series A round of funding and this money helped us create awareness about Savaari and its offering to scale and to build the right technology solution to achieve the scale. We recently received the second round of funding from Intel Capital with participation from Inventus. This will be used for further expansion and for deploying advanced technology for the benefit of its customers. We have come a long way since 2006 and have proved our business and service model is right on track.

What are things you learnt and the skills that help you run a start-up?

There is no alternative to hard work. Apart from learning this fact, I honed up my technical knowledge, adaptability to dynamic environment and get things done as a team. However, it is enthusiasm that was crucial to me. Ability to solve problems, understanding of professional and ethical responsibilities, ability to analyse and interpret data, organisational and leadership skills are some of the skills I acquired.

What lessons did you imbibe from your manager?

My manager at Cisco taught me to stay calm even under tremendous pressure and as a result of which you can find (and in fact drive your team towards) elegant solutions to incredible complex problems even at the most testing times.

What’s your advice to budding entrepreneurs?

Running a start-up is a roller coaster ride. The genesis of every start-up at the core is a customer pain point that an entrepreneur spots. If you have an idea and you believe in it, take a leap of faith and start working on it. The more you will delay, the harder it will become. When looking back you will never repent that you took a chance and failed but certainly on the chances that you didn’t take.

JobBuzz Poll 

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Must-have skills to make it big in Big Data

Problem solving, communications skills with open mindedness are critical skills for this industry.

The biggest constraint for the Big Data industry today is the fact that there are not enough people who understand Big Data, to work on it, to manage it and get meaningful results out of it.

The industry requirement is a wide variety of roles, some of which are purely data-oriented, some others purely statistics oriented and then there are roles which integrate all these and connect it to business.

To reduce the skill gap, several organisations are collaborating with academic partners to develop curriculum that reflects the mix of technical and problem-solving skills.

So what skills should someone aiming to enter this industry prepare themselves for?

Typically Big Data teams in an organisation can have basically six kinds of roles, viz:

• The architects
• The domain experts
• The subject matter experts
• The analysts, who will be able to bring in the data analysis and statistical analysis kind of experience into the picture
• The technical administrators who know how to manage large sets of data
• The applications specialist

“The thinking process and expectations from each of these roles is different,” says Srikanth Muralidhara, Co-founder Flutura Solutions. “Big Data opportunities are basically transforming three things: one is creating a new culture which enables a data driven culture, where decisions are based on data as well as intuition. Next we are talking about transforming businesses because now we know that we can understand customers better and thereby can design products and services better and the third of course is we optimise technology investments.”

Of these the Data Analyst and the Data Scientist are currently much in demand in India.

Thinking abilities for a Big Data analyst include:

• Ability to look at data and think on the lines of why is this happening?
• What will happen if this trend continues
• What will happen next (which is about predictive modeling)
• Asking the question as to what’s the best that can happen (the optimization aspect)

“So when  we say we are bringing in a big data analyst it should be someone who is comfortable with these kind of questions,’’ says Srinivasan Govindaraj Senior Director and Practice head – Enterprise Information management (EIM).

The abilities necessary for a Data Scientist:

• Needs to know how to predict behaviors and derive the sentiments of customers
• Needs to know how to process unstructured data, and
• How to correlate difference sets of data
• How to identify new patterns in untapped data

In fact according to industry players a good data scientist must take the time to learn:

• What problem needs to be solved?
• How the solution will deliver value?
• How it’ll be used and by whom?

“In short it is problem solving and communications skills with open mindedness,’’ says Muralidhara. “The last skill is particularly significant because a data scientist often applies his or her knowledge to multiple industries, such as banking, health care and retail.’’

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Net neutrality: US FCC okays 'internet fastlanes'

FCC would ban ISPs from slowing down access to websites but may let them charge companies for faster and more reliable delivery of their traffic to users.

WASHINGTON: US regulators on Thursday advanced a net neutrality proposal that would ban internet providers from blocking or slowing down access to websites but may let them charge content companies for faster and more reliable delivery of their traffic to users. 

For four months now, the public can weigh in on the rules proposed by the Federal Communications Commission (FCC) in what promises to be an intense tug-of-war between some tech companies and consumer advocates on one side and Republicans and broadband providers on the other, over the extent to which the agency can regulate Internet traffic. 

Dozens protested the vote at the FCC on Thursday as many consumer advocates have rejected FCC chairman Tom Wheeler's proposal that may allow some "commercially reasonable" deals in which content companies could pay broadband providers to prioritize traffic on their networks.

Critics worry the rules would create "fast lanes" for companies that pay up and mean slower traffic for others. Wheeler pledged to use all of his powers to prevent "acts to divide the internet between 'haves' and 'have nots.'" 

"I will not allow the national asset of an open internet to be compromised," Wheeler said. "The prospect of a gatekeeper choosing winners and losers on the internet is unacceptable." 

Consumer advocates want the FCC to instead reclassify internet providers as utilities, like telephone companies, rather than as the less-regulated information services they are now. Broadband companies and Republicans, both in Congress and at the FCC, vehemently oppose the plan. 

The advanced proposal seeks comment on benefits of reclassification, which critics say would throw the industry into legal limbo, discourage investment in network infrastructure and still not prevent pay-for-priority deals. 

Wheeler's two fellow Democrats at the FCC expressed misgivings about his proposal, with commissioner Jessica Rosenworcel saying the FCC moved "too fast to be fair." But she and Mignon Clyburn concurred with Wheeler for a 3-2 vote to begin the process of collecting public comment on the proposal. 

"The real call to action begins after the vote today," Clyburn said. "You have the ear of the entire FCC. The eyes of the world are on all of us." 

The FCC's move comes after a US appeals court rejected its earlier net neutrality rules, which said pay-for-priority deals "would raise significant cause for concern." To comply with the court, the new proposal suggests some pay-for-priority deals may be allowed, but also asks whether "some or all" such deals can be banned. 

"The FCC's efforts were dealt a real challenge by the Court of Appeals in January, but chairman Wheeler has said his goal is to preserve an open internet, and we are pleased to see that he is keeping all options on the table," the White House said in a statement, adding they will watch the independent agency's work "in hopes that the final rule stays true to the spirit of net neutrality." 

The FCC's vote was cautiously welcomed by both broadband providers and consumer interest and technology groups as each side hopes the ultimate rules lean their way. 

"Nothing should be taken off the table as this discussion evolves," Michael Beckerman, chief executive officer of the Internet Association that represents companies including Google and Facebook, said in a statement, adding that his group will "advocate for the FCC to use its full legal authority to enforce rules that lead to an open internet.
"

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Infosys chairman to employees: Think big and act boldly

Infosys chairman and chief mentor NR Narayana Murthy termed his company's performance as "creditable".

BANGALORE: Infosys chairman and chief mentor NR Narayana Murthy termed his company's performance as "creditable" and assured investors that the company remained on track to regain its lost momentum in two years. 

In his first address to shareholders since his return last year in June, Murthy asked over 160,000 employees at Infosys to "think big and act boldly" and hinted that bold steps are in the offing he believes "nothing is as painful as staying stuck where you do not belong". 

"We have done creditably this year by doubling our revenue growth to 11.5% (in US dollar terms)," Murthy wrote in a letter in the annual report. "Further, our operating margin improved from 23.5% in Q1 'FY 2014 to 25.5% in Q4 FY 2014. This is laudable by any standard. I congratulate every Infoscion on this stellar performance." 

In April this year, Infosys kicked off the earnings season with quarterly results that matched its toned-down expectations and forecast modest growth for the 2014-15 fiscal, an outcome analysts said is reflective of the challenges that the company is facing. At 7-9%, its revenue growth guidance is some way below the 13-15% prediction by industry grouping Nasscom for software export growth. 

"Growth is painful. Change is painful. But, nothing is as painful as staying stuck where you do not belong," Murthy wrote. 

In what could surprise many, Murthy in his letter also thanked Mohandas Pai, the former CFO at the company, for helping the founder come back and steer the company. 

The Bangalore-based software exporter is currently looking for its fifth chief executive officer—who will also be its first non-founder CEO—after SD Shibulal expressed his desire to step down from the company earlier than his planned retirement in March 2015.

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Microsoft CEO Satya Nadella’s big test: Next-generation Surface tablets

But Microsoft is expected to unveil the third generation of its Surface devices at an event on March 20.

NEW YORK: Satya Nadella has enjoyed a fairly smooth ride in his first 100 days as Microsoft chief executive, but he risks hitting a rough patch next week when he unveils the latest models of the tepidly received Surface tablet.

Investors have lapped up Nadella's "mobile first, cloud first" strategy to recast the venerable software maker as a "devices and services" company, sending its shares up 9% since he took the helm.

So far he has stressed the services side of the business, making the momentous move to put Microsoft's Office suite on Apple's iPad. This was popular with Wall Street and more importantly with consumers, who performed 27 million downloads in a matter of weeks.

But Microsoft is expected to unveil the third generation of its Surface devices at an event on Tuesday, laying hints that it will also introduce a smaller tablet, to address the fast-selling lower end of the market dominated by Apple's iPad mini, Amazon.com's Kindle Fire, Google's Nexus and Samsung's Galaxy range.

The devices side of the strategy has been a challenge. Microsoft's Surface, launched in October 2012, has about 2% of the market and has not made a dent on Apple's iPad. That fits with Microsoft's 3% global share in smartphones.

Given that tiny market, some investors believe Microsoft should not waste time and money on the low-margin hardware business. ValueAct Capital, which led the shareholder revolt last year which culminated in previous CEO Steve Ballmer's retirement, has lobbied against Microsoft's hardware effort, including its costly acquisition of Nokia's handset business.

"Nadella is off to a golden start as CEO, although turning around the tablet and mobile business over the next 12 to 18 months remain his two key Herculean tasks," said Daniel Ives, an analyst at FBR Capital Markets. "If the turbulence gets too rough on the tablet and/or mobile segment, we can potentially see some strategic changes on the horizon around the hardware business."

Despite unspectacular sales, there are signs that Microsoft's Surface Pro 2, which runs the full Windows operating system, is starting to attract Microsoft's core business customers.

"There's certainly tons of interest in the Surface Pro as an Ultrabook (lightweight laptop) replacement that has tablet capabilities," said J.P. Gownder, an analyst at tech research firm Forrester. "It is the No. 1 model I get asked about, it's going to have a lot of eyes on it."

Even if the Surface never dominates the market, Gownder thinks Nadella and Microsoft are right to persevere with hardware, if only as a way of showing other device makers how best to make use of Windows.

"Microsoft would be nuts not to have devices in the mix. The danger is in not exploring," said Gownder. The Surface "is an important product to basically show what their overall vision is for Windows, and also to offer businesses and consumers another choice.
"

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Samsung Galaxy Note 4 could have flexible screen

Korean media first reported that an upcoming Galaxy device will come with a "bent" display.

We haven't exactly been short of rumours about the Samsung Galaxy Note 4 coming with a bendy display, and now a Samsung exec has confirmed that the company is at least thinking about it.

Speaking to the Wall Street Journal, Samsung VP of mobile Lee Younghee confirmed that Samsung is thinking about a flexible display. The caveat is that the device is still being developed: There's no final design yet and a flexible display is just one of the options, so nothing is set in stone.

Bend it like Samsung
Korean media first reported that an upcoming Galaxy device will come with a "bent" display, then a patent application revealed a device with a screen that curves around the side of a Note-type device.

So if you're a fan of the bendy curvy display, keep your eyes peeled around August/September time; we're expecting Samsung to announce the Note 4 at IFA 2014 alongside its Galaxy Gear Glass specs.

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Moto E sales hit 80,000-1 lakh in less than a day

Flipkart had stocked between 80,000 and 1 lakh units expecting them to last for a few days, but they were sold out by mid-day on Wednesday.

NEW DELHI: Motorola Mobility seems to have struck gold with its latest offering, the affordably priced Moto E smartphone. 

Online retailer Flipkart said it will resume shipping the Rs 6,999 smartphone within a week to 10 days after it ran out of stock soon after it started taking orders at 12am on May 13. 

According to senior executives, it had stocked up between 80,000 and 1 lakh units expecting them to last for a few days, but they were sold out by mid-day on Wednesday. A Flipkart spokeswoman refused to comment on the number of devices sold but confirmed that it was "entirely sold out" at present. 

Motorola Mobility didn't comment on the order volume, but company executives termed as positive the market response in the few markets where it is selling the product. 

The Flipkart spokeswoman said the company was working with Motorola Mobility for fresh stocks. "Customers can book their Moto E with us now and we will start shipping in seven to 10 days," she said. The marketplace has started taking orders with the assurance of delivery within a week. 

Senior executives at Motorola Mobility said the orders had surpassed their highest expectations and the US-based company was arranging for a "significant" number of devices to be arranged from China soon. Magnus Ahlqvist, corporate vice-president for Europe, Apac, Middle East & Africa, told reporters on Tuesday that it was better prepared this time, having experienced overwhelming demand and stock outage within hours of the launch of its first device, Moto G, in late 2013. 

Customers have been more than eager to get their hands on the handset attracted by its features and attractive price tag, and the massive demand caused a temporary shutdown of Flipkart's website. 

"Based on the phenomenal response saw with Moto G, we anticipated a big spike in midnight traffic for Moto E and we scaled up all our web services accordingly. But the pace at which the Moto E purchases shot up at midnight caused the checkout process to slow down for about 30 minutes," the spokeswoman said. Flipkart expanded capacity and got the website and mobile apps working at usual performance levels by 12:30 am Wednesday. 

Motorola sells exclusively online via Flipkart in India and it plans to continue with the strategy even though off-line retailers are more than willing to sell its devices — Moto G, Moto X and Moto E
.

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Moto E sales hit 80,000-1 lakh in less than a day

Flipkart had stocked between 80,000 and 1 lakh units expecting them to last for a few days, but they were sold out by mid-day on Wednesday.

NEW DELHI: Motorola Mobility seems to have struck gold with its latest offering, the affordably priced Moto E smartphone. 

Online retailer Flipkart said it will resume shipping the Rs 6,999 smartphone within a week to 10 days after it ran out of stock soon after it started taking orders at 12am on May 13. 

According to senior executives, it had stocked up between 80,000 and 1 lakh units expecting them to last for a few days, but they were sold out by mid-day on Wednesday. A Flipkart spokeswoman refused to comment on the number of devices sold but confirmed that it was "entirely sold out" at present. 

Motorola Mobility didn't comment on the order volume, but company executives termed as positive the market response in the few markets where it is selling the product. 

The Flipkart spokeswoman said the company was working with Motorola Mobility for fresh stocks. "Customers can book their Moto E with us now and we will start shipping in seven to 10 days," she said. The marketplace has started taking orders with the assurance of delivery within a week. 

Senior executives at Motorola Mobility said the orders had surpassed their highest expectations and the US-based company was arranging for a "significant" number of devices to be arranged from China soon. Magnus Ahlqvist, corporate vice-president for Europe, Apac, Middle East & Africa, told reporters on Tuesday that it was better prepared this time, having experienced overwhelming demand and stock outage within hours of the launch of its first device, Moto G, in late 2013. 

Customers have been more than eager to get their hands on the handset attracted by its features and attractive price tag, and the massive demand caused a temporary shutdown of Flipkart's website. 

"Based on the phenomenal response saw with Moto G, we anticipated a big spike in midnight traffic for Moto E and we scaled up all our web services accordingly. But the pace at which the Moto E purchases shot up at midnight caused the checkout process to slow down for about 30 minutes," the spokeswoman said. Flipkart expanded capacity and got the website and mobile apps working at usual performance levels by 12:30 am Wednesday. 

Motorola sells exclusively online via Flipkart in India and it plans to continue with the strategy even though off-line retailers are more than willing to sell its devices — Moto G, Moto X and Moto E
.

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Samsung to dump Android for Tizen in Galaxy Gear smartwatch: Report

It looks like the South Korean electronics giant will also update its first smartwatch, Galaxy Gear to run Tizen.

NEW DELHI: Samsung decided to ditch Android for Tizen for its new smartwatches and now, it looks like the South Korean electronics giant will also update its first smartwatch ​- Galaxy Gear to run the OS.

In line with reports that had come out in February suggesting that Samsung had decided to replace Android with Tizen on Galaxy Gear, online publication SamMobile has posted a video that features the watch running a test build of the OS.

Tizen is the Linux-based operating system developed under the leadership of Samsung and Intel.

While the watch will obviously not get the hardware features such as the universal remote control that its successor boasts of, it will get better battery life and access to Tizen apps. It may also bring features like sleep tracking that measures sleep patterns and a standalone music player. The original Gear was only capable of streaming music from a compatible Galaxy phone.

Samsung has not confirmed the exact time frame of the update's rollout.

The company is also expected to introduce a new Android smartwatch based on Android Wear, Google's recently announced OS for wearables. The OS is different from Samsung's Android-based OS that powers the Galaxy Gear.

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Narendra Modi's victory tweet creates record

NEW DELHI: On counting day, a tweet by BJP's prime ministerial candidate, Narendra Modi, has broken all records in India becoming the most retweeted tweet ever in the country.

While the National Democratic Alliance is leading by a large margin as per current trends, Modi proclaimed victory with a tweet that says "India has won! भारत की विजय। अच्छे दिन आने वाले हैं।" (India has won! We're approaching the good days). At the time of writing this story, the tweet has been retweeted 39,742 times and favourited 21,691 times.

Twitter India's official account also confirmed that the tweet is indeed the most retweeted tweet ever from India.
It's worth pointing out that Twitter has played a major role in the Indian elections with candidates using it as a medium to reach out to voters and news organizations leveraging its capability to disseminate information and update users. Just a day ago, Twitter India had announced that more than 56 million election-related Tweets were tweeted from January 1 till May 12, in 2014.

Today's victory tweet has been retweeted almost 8 times more compared to Narendra Modi's other highly retweeted tweets. Modi's last highly retweeted tweet had registered 4842 retweets.

Earlier in the year, during the Oscars ceremony, host Ellen DeGeneres managed to set a retweet record with her star-studded selfie that caused a Twitter outage that lasted well over 20 minutes.

The tweet has been retweeted 3,42 million times retweets and favourited 2.02 million times, even breaking a record set by President Barack Obama's tweet with his picture hugging First Lady Michelle Obama after his re-election in 2012. That tweet had got merely 774,931 retweets.

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