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Date Created: 12/21/15
1 Realities of the Corporate World Ramesh Ranjan Vice President – HR Services Agenda Evolution of Generation Feb Ist Feelings 15 Campus Life vs Corporate Life Real World Survival Skills Industry Expert’s advice Career Planning & Options 2 You are blessed & Fortunate 3 M ILLENIALS (1982-2000) W ORKPLACE TRAITS Re emerging social consciousness Intellectually curious Problem solvers and technologically dependent Optimistic and confident Respect for diversity Achievement oriented Like clear goals and expectations Lots of communication preferred (don’t like no news) Somewhat emotional and like mentors, nurturing Like team building and recognition within groups 4 Want work/life balance THE P ARADOX OF P REPARATION “College and work are fundamentally different. The knowledge you acquired in college will be critical to your success, but the process of succeeding in school is very different from the process of succeeding at work. Certain aspects of your education may have prepared you to be a professional, but evidence from the workplace indicates that this is not enough for professional success.” 5 It is the studying that you do after school days that really counts. Otherwise, you only know what everyone else knows. 6 If you’re not prepared for the changes ahead when you enter the professional world, your career could derail before it ever really has a chance to get started. To smooth the transition, it helps to understand the realities of how corporate life differs from college life7 C OMMON 1ST JOB FEELINGS Lack of self confidence Loneliness Anxiety Fear “Feelings about NOT being ready to enter the work world are common. Think back to when you took on previous challenges, such as entering college or starting a part-time job. It’s only natural to feel uneasy about the prospect of facing a new challenge.” “All Discontent is Relative to Expectations” 8 W HATS CHANGING ! 9 Y OU NEED TO WORK HARDER – T IME D IFFERENCES Item College Job 1 ‘Class’ 9-10 a.m. 7-8 a.m. Last ‘Class’ 2-3 p.m. 5-7 p.m. Hrs/Wk ‘in 16-20 50-70 class’ ‘Class’ Days M-F M-Sat ‘Break’ Time/Yr 8-10 wks 1-2 wks Rec time Lots Little 10 E XPECTATION VS DELIVERY Item College Job Tasks given Clear cut, explicitGeneral, vague Feedback Frequent, writtenInfrequent, verbal Grader New every semester Same for years Acceptable grades C’s and B’s A’s Omissions allowed Few None ‘Classmates’ Similar to you Different than you Cost of poor Your grade Your income/job performance 11 C OMPETENCIES - D IFFERENCES Campus Corporate Individual Contributor Team player You are solely responsible foryour success Yoursuccess depends on others Hard work pays Smartwork pays Acquiringknowledge Application of knowledge Student- Professorrelationship 360degree relationship Evaluation stops afterSemesterexam Continuous evaluation Casual, Informal Formal Can be regimented environment Freerenvironment Competition with fellow students to win the race Colloborate with colleagues to win Study to seek aJob Work to earn Parents, professors, friends are YourSupervisoris yourmentor advisors, role models Work, work, work……. May be some 12 Partying, bunking, fun ….&Studies fun S KILLS AND Q UALITIES E MPLOYERS S EEK AccordiJb Outloop07lished by the National Association of Colleges and Employers (NACE), the most imlies and skills employ seek are rated in descending order of importance. Rati*g Communicatoills (verbal and written) 4.7 10 P ERSONAL T RAITS Honesty/integrity 4.7 S OUGHT BY N AT ’L A SSN OF Interpersonal skills (relatess.5ll to other4 Motivation/Initiative 4.5 C OLLEGES & E MPLOYERS Teamwork skills (works well w).5 others4 Computer skills 4.4 #10. Enthusiasm Analytic skills 4.3 #9. Leadership skills Flexibility/adaptability 4.3 Detlriented 4.2 #8. Teamwork skills Organizational skills 4.0 #7. Strong work ethic Leadershskill 4.0 Seconfidence 4.0 #6. Interpersonal sklls Fredly/outgoing personality 3.9 #5. Flexibility Tactfulness 3.9 Well annered/polite 3.8 #4. Self confidence Creativity 3.7 #3. Communication skills GPA (3.0 or better) 3.6 #2. Self motivation Entrepreneuriil/esk 3.3 Sense hor 3.2 #1. Honesty/integrity 13 * -point scale, where 1= not at all important and 5=extremely important) 10 T HINGS THAT C OULD R UIN A C AREER 1. Do something illegal / unethical 2. Violate company policies / Don’t know or figure out what’s expected of you 3. Give the impression you are only working for the money. 4. Gossip too much. 5. Ignore deadlines. 6. Too many personal e-mails. 7. Isolate yourself from your co-workers. 8. Be an egomaniac and arrogant. 9. Take credit for others’ work. 14 10. Have an ‘office romance’ with a boss or a subordinate. “N ETIQUETTE ” Business Firm Survey 75% have (or plan to have) netiquette policies 66% monitor web site access 65% monitor incoming e-mail messages 23% dismiss employees for violating netiquettpolicies 15 S EVEN H ABITS OF H IGHLY E FFECTIVE P EOPLE BYSTEPHENC OVE) 1. Be proactive - Take responsibility for your life 2. Begin with the end in mind 3. Put first things first 4. Think win win - Seek mutual benefits 5. Put understanding others ahead of being understood - Empathize 6. Synergize - Emphasize teamwork and cooperation - Value differences of opinion 7. Self renewal - Physical - Mental 16 - Emotional-social - Spiritual Manage your expectations 17 ST R EALISTIC 1 - JOB E XPECTATIONS What level you’ll start at What work you’ll do When you’ll be promoted What you’ll be expected to learn Where you’ll work (including relocations) How may different jobs you’ll have (don’t burn bridges) How much rejection and criticism you’ll get Who you’ll work with How much you’ll travel What sacrifices you’ll have to make How you’ll adapt to changes 18 “Knowledge gets you in the race, skills make you progress, and it’s your Attitude that helps you win the race”. It is advisable to get into self- employment or become an Entrepreneur after some years of experience on a job, so that you can learn the ropes and understand the industry – learn first to become an “intrapreneur”. Don’t be •In Haste •Greed •Arrogance, “know all attitude” 19 •Serve before you deserve It is not what you choose to do that is important; it is how you choose to do whatever you choose to do. The vehicle can be your job, employment or career or even your personal competencies or capabilities. However, the pathway is the foundation or the bedrock on which you base your values, beliefs and principles. Hence, the speed of the vehicle will largely depend upon the pathway or road, and how strong it is Drive, Discipline and Determination are the real secrets and they hold the key to one’s future. “It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to 20 change.” – Charles Darwin Follow your Heart Follow your dreams "Every great dream begins with a dreamer. Always remember, you have within you the strength, the patience, and the passion to reach for the stars to change the world." -- Harriet Tubman 22 There’s a temptation to become like this…….. Be conscious & try to avoid falling into this trap…… Maintaining a Work life Balance is key to 23 success & happiness in LIFE Career Planning Process Your Strengths Your Interests Your Needs (e.g., creativity, (e.g., income, growth, leadership, writing) (e.g., people, math, science)personal fulfillment) Identify Career Possibilities Consult with your , Networking, Internships, Job Talk to your senior’s family & friends Shadowing, Volunteering – Alumni’s 24 Evaluate/Select a Career Career Planning Process 1. Get motivated 2. SelfAnalysis 3. Develop a list of jobs to consider 4. Get on-line information for evaluation 5. Evaluate job options 6. Prepare a job comparison summary 7. Talk to people in occupations of strong interest. 8. Choose the “right” industry and company. 25 C AREER OPTIONS What about •Fashion Designing •Animation •Media & Communication •Travel & Tourism •Venture Capitalist •Real Estate 26 27
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