In today’s world when IT has become inevitable in business, it is very important to know the role of IT in businesses and how can an MBA graduate carve a successful career in IT. TAPMI witnessed the presence of Mr. Prince Jayakumar, India Head – Recruitment, CGI. CGI is the 6th largest software services company in the world. It had revenue of nearly 10billion dollar in 2012 and employs 70000 people in 40 countries. Their services include IT, business consulting and outsourcing.
He started his talk by questioning the students on two aspects – what are the different roles available for an MBA graduate in IT and how are you planning to shape your career as an MBA in IT. He also mentioned the challenges IT industry is facing today like constant technology changes among others. He moved on to explain that there are three types of companies in today’s IT industry – Service Organizations (Indian Companies and MNCs), Product Companies (Very few Indian Companies and MNCs) and Niche Companies focusing on one industry (E.g.: Companies providing services in ecommerce industry).
He gave few examples of each of these companies mentioning TCS, Infosys etc in the service organization; Microsoft, Intel etc in Product Companies. He also said that many product companies have big ideas and small budgets and hence they outsource such business to India. The third type of companies is Niche Companies who focus on one industry and develop IT services and products for that Industry only. These includes flipkart.com, jabong.com etc who deals in ecommerce sector. He also mentioned about a new concept growing up these days where in business come to India to use and learn from the talent available in India.
He then talked about different roles available starting with the bread and butter of traditional industry which is management of a new service or product which translates in to a project management assignment. MBAs are recruited for delivery management of these projects. The second type of role is Project Programmer role which includes transition management and execution etc. The third type of role is Business Development role. As the competition increases day by day, it is getting difficult to acquire business. The large deals of more than $ 1 billion have to properly studied and executed. Companies need Financial Engineers to calculate the finances needed and how should they be funded and once integrated, marketing managers to manage these large accounts. The fourth type of role is a Product Management role where in a manager has to handle all the aspects of a product. The fifth type of role is Partner Management role which includes looking after or maintaining relations with a channel partner who is doing business for you in some other country. Apart from these there are many roles emerging in new technology sectors like ecommerce, educational sector etc.
He then moved on by asking to students that What are we trying to solve in IT industry? How will our presence make a difference? What are the new ideas you are going to bring into the industry? Will your role be substantial in building new technology, new business, and new paradigms in the IT industry? He gave two contrasting example of Vineet Nair, HCL Technologies Founder who was the first one to come up with an idea of using IT infrastructure in India and tools like Facebook etc which are not technologies but just a business case or approach. He said that one should not look for jobs in IT industry, rather one should look for solutions and jobs will automatically follow.
After talking a little about the changes in the way people work in IT – from tables to cubicles to hot seats to virtual desktops, he then moved on to explain the bigger role of India in development of IT and what all changes should happen in India. He mentioned that the outlook of Indian IT has always been to destroy the ecosystem and that we fail to understand the basic difference between competition and ecosystem. He said that we should grab the opportunity if we benefited by it because our partners will also need our help one day and that is how ecosystem is developed.
He concluded by saying that the Indian IT services have grown to such a volume that they need to think about the future now. Indian IT needs to differentiate itself in front of the world competition, spend more on innovation, apply reverse brain drain to attract the product companies to come and do business here, develop and launch more products.