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As tech disrupts business landscape, mid-career execs return to classrooms to acquire new skills

Economic Times

Economic Times · 3d ago

As tech disrupts business landscape, mid-career execs return to classrooms to acquire new skills

Mid-career professionals are increasingly enrolling in MBA programs at top business schools to develop strategic skills and stay relevant as technology influences business operations. Business schools, including several Indian Institutes of Management and the Indian School of Business, report rising enrollment and increased female participation. Programs like IIM's one-year full-time MBA and ISB's 15-month PGP MAX see higher interest from diverse industries, with participants shifting to strategic and product roles. Corporate efforts to promote gender equality in leadership contribute to these trends.

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Youth workforce needs enhanced skills to sustain job market chaos

Money Control

Money Control · 1y ago

Youth workforce needs enhanced skills to sustain job market chaos

In today’s dynamic business landscape, organizations face various challenges such as digitization, artificial intelligence, and external disruptions. However, there is also a significant "employability gap" among recent graduates, which exposes companies to a shortage of skilled talent. As a result, it is crucial for graduates to acquire new-age skills to stand out in the job market and meet industry demands. Four fundamental skills include knowledge of artificial intelligence relevant to the industry, cyber security awareness, effective communication in a professional setting, and understanding financial principles. These skills can help individuals navigate the challenges of the modern business environment and contribute to a resilient and successful workforce.

Transforming Tech Careers: The Power Of Strategic Upskilling

Inc42 · 1y ago

Transforming Tech Careers: The Power Of Strategic Upskilling

In today's fast-paced tech industry, upskilling has become essential for professionals to stay competitive. With the rise of Industry 4.0, there is a growing demand for specialized tech skills, but employers struggle to find candidates with the required expertise. Professionals aiming for SDE roles with MAANG companies should focus on developing a problem-solving mindset and strategic upskilling. This includes assessing core competencies, creating a roadmap for upskilling, gaining hands-on experience, enhancing soft skills, and obtaining certifications and specializations. By embracing continuous learning and actively applying new skills, professionals can secure career growth and drive innovation in the tech industry.

Investment Options Tailored for Indian Investors

StartupTalky

StartupTalky · 1y ago

Investment Options Tailored for Indian Investors

The Indian economy holds significant potential for wealth creation, driven by a growing GDP and middle class. However, understanding the investment landscape can be overwhelming. Factors such as risk and return, tailored investment avenues, and emerging trends are important considerations for Indian investors. Building a winning investment portfolio involves assessing risk tolerance, setting SMART goals, seeking professional guidance if needed, starting early, diversifying investments, reviewing and rebalancing, and staying invested for the long term. Additionally, investment strategies may vary based on different life stages, such as young investors, mid-career investors, pre-retirees, and retirees. By navigating the Indian investment landscape with a disciplined approach, individuals can build a secure financial future.

UK launches AI skills drive for workers and schoolchildren

Economic Times

Economic Times · 1m ago

UK launches AI skills drive for workers and schoolchildren

The UK government is partnering with tech giants like Google, Microsoft, and Amazon to train 7.5 million workers in AI skills and announce £187 million for tech education for one million secondary school students. This is part of the TechFirst program, which aims to integrate AI learning in classrooms and communities, fostering future growth. The UK’s AI sector is rapidly growing, with expected contributions to the economy projected to exceed £800 billion by 2035.

Mid-sized GCCs out-hire larger peers with double-digit growth in first half - The Economic Times

Economic Times

Economic Times · 3d ago

Mid-sized GCCs out-hire larger peers with double-digit growth in first half - The Economic Times

Mid-sized global capability centres (GCCs) in India are experiencing faster hiring growth, with a 10–12% increase in the first half of the year, outpacing larger centres. These centres are focused on building new capabilities, offering competitive salaries, and attracting talent in AI and data roles. Despite larger GCCs still dominating in terms of overall workforce, mid-sized centres are aggressively expanding, characterized by high maturity, deep-tech skills, and agility, becoming significant contributors to their parent organisations' strategies.

Tech Job Seekers Without AI Skills Face a New Reality: Lower Salaries and Fewer Roles

Livemint

Livemint · 1y ago

Tech Job Seekers Without AI Skills Face a New Reality: Lower Salaries and Fewer Roles

The rise of artificial intelligence (AI) is changing the job landscape for tech professionals. IT workers who were accustomed to high salaries and strong demand for their skills are now facing a different reality. The mismatch between their skillset and salary expectations is causing difficulties in finding new roles. Jobs in traditional IT sectors are declining, while positions in cybersecurity, AI, and data science are on the rise. Layoffs in the tech sector continue to occur, indicating a challenging job market. Additionally, the growth of automation and AI is expected to lead to fewer IT jobs overall. Consequently, IT workers need to adapt by acquiring AI skills to stay competitive.

I'm an AI researcher at Google and I've worked in the industry for 20 years. This is my advice for people entering the field.

Business Insider

Business Insider · 8m ago

I'm an AI researcher at Google and I've worked in the industry for 20 years. This is my advice for people entering the field.

AI careers are highly sought after, but competition is tough for those with relevant skills. Google AI specialist Yann AïtBachir emphasizes the importance of building a strong foundation in technical skills, particularly in math, statistics, and computer science. He advises aspiring AI professionals to specialize in a specific area of AI and gain experience in smaller companies before considering big tech. Being adaptable and open to exploring different roles is crucial for long-term career growth in AI.

SPE Capital returns to pick up a stake in Moroccan FMCG firm

VCCircle

VCCircle · 1y ago

SPE Capital returns to pick up a stake in Moroccan FMCG firm

SPE Capital, a private equity firm focusing on Africa and the Middle East, will acquire a minority stake in a Moroccan consumer products company. This marks their return to the company after exiting three years ago. SPE Capital manages a portfolio of over 15 companies and specializes in investing in mid-sized businesses. Details of the stake and transaction were not provided.

Grapevine: Titan, Adani Group, Motherson plot M&As; GyanDhan seeks VC funding

VCCircle

VCCircle · 2m ago

Grapevine: Titan, Adani Group, Motherson plot M&As; GyanDhan seeks VC funding

Indian conglomerates Titan and Adani Group are pursuing major acquisitions, with Titan eyeing Damas International and Adani leading in bidding for Diamond Power Infrastructure. Simultaneously, Motherson Group is set to acquire Marelli Holdings, enhancing its automotive component business. In the education finance sector, GyanDhan is closing in on securing new venture capital funding, which reflects its growth and expansion ambitions. Overall, these developments highlight significant strategic moves in India's business landscape.

8 startup IPO predictions for 2024

Inc42 · 1y ago

8 startup IPO predictions for 2024

The article discusses the IPO landscape in India, specifically focusing on the new-age tech startups that are expected to go public in 2024. It highlights the factors influencing the IPO market, including the bullish market sentiment, increase in mid-sized IPOs, and the importance of profitability for successful IPOs. The IPOs of Swiggy and Ola Electric are anticipated to be the most awaited ones. Overall, the article predicts a rise in new-age tech IPOs in 2024, driven by reasonable valuations and profitability. Click on "View Source" button below to see the entire list.

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