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November 24, 2009
B SCHOOLS PLACEMENT WOES THIS YEAR (2009)
But that was then. As a decade of exponential job growth drowned under a rising tide of pink slips in 2009, faculty at IIMs and other top Indian business schools realised early on that placements in 2009 was going to be a long haul.The reasons were obvious. Very few are left standing in the world of investment banking, the traditional favourite at B-schools.
Much of the Western world is in the grip of a severe recession, pushing multinational firms based there into layoff mode. The dearth of credit and its knock-on effects on demand have made marketing-intensive sectors like FMCG and durables freeze expansion plans.
Cut to the first week of March. More than a week into placements, IIM-A has just managed to place 200 of its 259 students. IIM-Calcutta (IIM-C), which placed all its 290 students in four days flat last year, has managed jobs for its 265 students after 10 days of a placement session conducted in two parts.
This year, ISB - rated by the Financial Times as one among the Top 20 B-schools in the world - started its campus recruitment season in January. But as of last week, only 250 of its batch of 440 have got offers. Placement officials at IIM-A, IIM-Kozhikode and ISB say the process would spill over into more weeks in the hope that more companies will visit their campuses.
With companies becoming increasingly choosy, B-school managements have also done away with traditional eligibility thresholds. The upshot: Even a firm with a Rs 3-crore turnover managed to grab an IIM-A graduate in 2009. “This year, since the number of visiting companies has come down, we are inviting a lot of firms. We obviously cannot issue them any deadline,” says IIM-Bangalore’s placements chairperson Sourav Mukherjee.
IIM-B saw a lukewarm turnout on Day Zero, and faculty members say salaries being offered are 40% lower than in 2008. However, one student at IIM-B was offered Rs 1 crore salary from an investment bank for an overseas position, said a faculty member who didn’t want to be identified. Reports also abound of students from flagship PGP and PGPX (executive) programmes of IIMs opting out of the recruitment drive to pursue independent ventures. Eleven IIM-A students had opted out of the PGP placement last year, and that number may go up this year, say institute officials.
The slowdown will affect IIMs far less than other institutes, simply because of our brand equity, but nonetheless, they will get affected all the same,” said a senior faculty member at one of the IIMs, summing up the mood.
That sentiment echoes in Tier II business schools where faculty members describe the situation as “precarious”. Many top companies have given them the slip and the placement process in these institutes has been extended indefinitely.
At the Jamanlal Bajaj Institute of Management, officials who didn’t want to be named reported a 30% drop in the number of recruiters. Replying to an email from ET, a spokesperson of the Wellingkar Institute of Management said.
HISTORY OF GLOBAL PLACEMENT, HYDERABAD
Global Placements is run by a team of qualified professionals with its main objective of rendering reliable and prompt services to its clients and job seekers It has unparalleled experience in recruitment and enjoys immense trust and respect among the professionals seeking overseas jobs.
Global Placements has recruited Professors/Lecturers , Polytechnic lecturerss, School Teachers, Nurses, Engineers, Technicians, IT professional, etc , to various countries .
We at Global Placements are dedicated to bridging the gap between the requirements in various countries and the career aspirations of individuals We seek to establish a lasting relationship between the employer and the job seeker. We are dedicated to overall organising, processing and need understanding capabilities. We are proud of our efficiency and instant response to any given situation.
Interview Do's and Dont's
- Arrive 15 minutes early. Late attendance is never excusable. Clarify questions. Be sure you answered the questions the employer really asked. Get the interviewer to describe the position and responsibilities early in the conversation so you can relate your skills and background to the position throughout the interview. Give your qualifications. Stress the accomplishments that are most pertinent to the job. Conduct yourself professionally. Be aware of what your body language is saying. Smile, make eye contact, don’t slouch and maintain composure. Anticipate tough questions. Prepare in advance so you can turn apparent weaknesses into strengths. Dress appropriately. Make your first impression a professional one. Ask questions throughout the interview. An interview should be a mutual exchange of information, not a one-sided conversation. Listen. This is probably the most important "do" of all. By concentrating not only on the employer’s words, but also on the tone of voice and body language, you will be able to pick up on the employer’s style. Once you understand how a hiring authority thinks, pattern your answers accordingly and you will be able to better relate to him or her.
Not To Do's -
- Don’t answer vague questions. Rather than answering questions you think you hear, get the employer to be more specific and then respond. Never interrupt the employer. If you don’t have time to listen, neither does the employer. Don’t smoke, chew gum or place anything on the employer’s desk. Don’t be overly familiar, even if the employer is doing all of these things. Don’t wear heavy perfume or cologne. Don’t ramble. Long answers often make the speaker sound apologetic or indecisive. On the other hand, don’t answer questions with a simple "yes" or "no." Explain whenever possible. Do not lie. Answer questions as truthfully as possible. Do not make derogatory remarks about your present or former employers or companies.
Too many people second-guess themselves after an interview. By closing strongly and asking the right questions, you can eliminate the post-interview doubts that tend to plague most interviewees. If you feel that the interview went well and you would like to take the next step, express your interest to the hiring authority and turn the tables a bit. Try something like the following:
"After hearing more about your company, the position and the responsibilities at hand, I am certain that I possess the qualities that you are looking for in the (title) position. Based on our conversation and my qualifications, are there any issues or concerns that you have that would lead you to believe otherwise?"
You have a right to be assertive. This is a great closing question because it opens the door for the hiring authority to be honest with you about his or her feelings. If concerns do exist, this is a great opportunity to overcome them. You have one final chance to dispel the concerns, sell your strengths and end the interview on positive note.
A few things to remember during the closing process: Don’t be discouraged if no definite offer is made or specific salary discussed. The interviewer will probably want to communicate with the office first, or interview other applicants, before making a decision.
Make sure you answer the following two questions: "why are you interested in the company?," and "what can you offer?"
Express thanks for the interviewer’s time and consideration. Ask for their business card so you can write a thank you letter as soon as possible.
When you get in your car, immediately write down key issues uncovered during the interview. Think of the qualifications the employer is looking for and match your strengths to them. This follow-up processes is very critical. A "thank you" letter should be written no later than 24 hours after the interview.
Interviewing Skills: Conducting an Interview
Conducting an Interview
Types of difficult Interviews
Some interviewees demand a particularly focused interviewing techniques.In order to get an accurate assessment of a candidate’s ability, the interviewer’s ability to handle different types of candidate is very important
Before Interviewing, develop an understanding of the following types of candidates:
Nervous candidate
Uncommunicative candidate
Talkative candidate
Handling a nervous candidate
Give them an especially warm greetingEngage in more small talk than usual
Point out various facilities or areas of interest within your organization
Start with specific , fact-based questions that are easy for the candidate to answer and unlikely to be stressful
Speak slowly in a relaxed, informal manner
Handling an uncommunicative candidate
Many reserved or uncommunicative candidates simply need to be encouraged to share their thoughtsUsing silence can be effective
If the candidate is having trouble in answering questions related to their strengths and weaknesses, tell them that you will give them some time to think about it and come back to the question later
Handling a talkative candidate
Candidates who talk too much , often about things unrelated to the job or interview can be challenging,Tell the candidate that you will be following a structure, and stress on the time available for each section of the interview,
When necessary, remind the candidate of the time limits,
Redirect the conversation as politely as possible,
November 23, 2009
Ten Ways to Improve Your Communication Skills
Ten Ways to Improve Your Communication Skills
We all have people with whom we have to work to get things done. Our ability to communicate with clients, customers, subordinates, peers, and superiors can enhance our effectiveness or sabotage us. Many times, our verbal skills make the difference. Here are 10 ways to increase your verbal efficacy at work:So Why Didn't We Shortlist You?
So Why Didn't We Shortlist You?
You didn’t seem to know which school or which job you were applying to
Your letter began “Dear Sir/Madam” - couldn’t you check on our documents the actual name of the head? And find out if it’s a male or a female?
You didn’t do as we asked you to
We asked for a supporting statement of no more than 2 sides A4, you sent one which was 4 sides long Or one which was two sides, but in a tiny, tiny font Or just one paragraph.
Form completed in a scruffy fashion
You were trying too hard to impress us
A CV beginning with your mission statement: “An educator seeking appointment in fast-paced demanding professional environment where I can utilise my skills, education and experience to groom myself”. What does this actually mean? And why do I care about your desire to groom yourself - I am looking for my advantage, not yours.
TYPES OF INTERVIEW
Formal and structured Interview: This interview is based on through job analysis, which directs the flow of interview.The questions cover all pertinent facts.The same questions are asked to all candidates which helps in better evaluation.
Indepth Interview: This is more suitable in selecting the candidates for high end technology and high skill jobs. Experts in the relevant areas test the candidates ,knowledge and understanding of the subjects and assess his expertise.They determine suitability of candidates for the jobs in questions and based on these evaluation.
Group Interview :This method is resorted to when the number of applicants is high and time available for interviewing is short.This method is useful in while recruiting for entry level and junior management position.
Stress Interview: the objective is to test the applicants abilities to performs and deliver under stress.Interviewers put the interviewee under stress by repeatedly interrupting him, criticizing his answer,asking him unrelated questions or keeping quiet for long time after interviewee has finished talking.
This is standardized procedure to measure intelligences or aptitude or personality of aspirants. This is one of the important parts of selection process of many domestic and international organizations. This help employer to find best match of individual to occupation and working ambience. It should be standardized, reliable, predictive and non discriminatory. The information given by the candidates is checked by references after final decision taken and before offer is to made.This reference might have been work related (such as former supervisor or co worker) or they might have been personal (such as friend, clergy, or family members). In either case, to the extent that you could, you provided the organisation with a list of people who you believed would generally speak favourably about you.
Once the candidates are evaluated and final decision is taken, then the offer letters is made which is formal, written and requires acceptance in writing.The objective of the offer letter is " we are pleased to select you for our esteemed organisation:
This is very common in hiring process .This is in fact mentioned in the clause in offer letter to the candidates , which says that the offer is conditional on the candidates being medically fit..
Orientation is process by which we introduce new employees to the organisation, their superiors, coworkers and job.The orientation process provides a foundation upon which new employees can build their skill and contribute to our efforts to providing responsive and effective services to the organisation.
Issues in Recruitment and Selection:
The chances of failure will be high if the RPO do not understand the Vision and recruitment strategy of an organization.The entire success of organization depends upon people and their integrity towards employers. Better recruitment begets better results this is true in every aspects.
Organisation could offer job to which they thought of valuable but it does not means poach and hunting 100% right perspectives.This spoil the goodwill of an organization to some extent.The organization might practice Coordinate Recruitment.
This is common in today's scenario of fierce competition.
Authenticity of resume is questionable in this stiff competitive world. Prospective employers are using track methodology to judge reliablility of the content by references, educational qualification, talking to candidates over phone, previous employer reputation etc.
This is obstacle in popularizing e recruitment, but rate of enhancement in PC penetration is our country is quite high so in near future we donot take it as challenges. Lets we have to set modus operandi for online recruitment which will guide prospective employers and aspirants/jobseekers both.
Technologies have created impact on every function of an organisation and Recruitment and Selection is not an exception. An employer prefers to contact or interact people to feel and understand would be HR asset for them. This will help the organisation to manage expectation of would in best possible manner.
Demonstrate Your Problem-Solving Skills in the Interview
Demonstrate Your Problem-Solving Skills in the Interview
Succeeding at an interview is often more of an art than a science. While your experience, education, and other qualifications play a significant role in the hiring decision, the hire is still very much based on the personal opinion of the interviewer. He or she will make a decision about whether to hire you based not only on your qualifications, but also on whether your personality will fit in at their company. Often the interviewer's instinct decides who will get the job offer.I don't suggest you try to obtain a personality transplant to succeed in an interview. If you really won't fit in at a particular company, you don't want to work there. But what you can do is be personable and professional. Smile, look the interviewer in the eye, and engage in a two-way conversation. Listen carefully, respond thoughtfully, and don't digress into personal details.
Interviewers need to be convinced that you will be able to fix their problems and help their company achieve its goals. One of the best ways to answer interview questions is to use your career success stories. Career success stories are tales of the defining moments in your career when you overcame significant challenges to succeed. These stories create a memorable impression and give the listener anecdotes about you that identify your ability to handle the tasks at hand, solve complex problems and provide a solution.
Personal anecdotes demonstrate your unique ability to solve problems. When you tell success stories, you illustrate how you went about handling a difficult situation at work. Here's the idea -- at some point in your career, you were faced with what seemed to be an insurmountable problem. If the problem continued, there would have been severe consequences. Rather than sit back and watch things fall apart, you took initiative and implemented a plan to solve the problem and bring about a positive result.
For each appropriate interview question, relate it to a similar situation earlier in your career, talk briefly about how you handled it, and highlight the results. These stories demonstrate to the interviewer that you have specific experience in dealing with similar situations.
For example, let's say you were asked in an interview, "How do you deal with high-pressure situations?"
You could simply answer: "I'm very good when faced with high-pressure situations. I dealt with them all the time at my last job."However, this response doesn't do much to convince the interviewer of your abilities.
Use a career success story instead:
"I'll give you an example.
I was leading a team of national account sales reps in the fourth quarter of the year. We were in the running to be the top sales team in the country in our organization. Prior to the fourth quarter, we hadn't even made the top 10. Our sales were good, but we wanted to finish the year as No. 1. I organized and led a sales-planning retreat to motivate my team to accomplish three things:
First, we identified each of our prospects and determined exactly what we could close before the end of the quarter.
Second, I had each rep -- with the assistance of his or her support team -- lay out a tactical plan for winning that business prior to the year's end.
Third, I asked each rep to make a specific sales commitment with support from their team. The bottom line was that we not only surpassed our overall sales plan, we blew away the competition. Every sales rep hit his or her goal, some topping it by 75 to 100 percent. As a result, our sales-team production exceeded 250 percent of the target and we were recognized as the top team in the nation. As our award, my team joined the company's top executives on a five-day trip to Paris."
The key to any interview, particularly if it's for a new field or new job, is to make the connection between your unique abilities and related situations in the new field through your success stories. Although it may be a new industry or job you are pursuing, there are many similarities to the day-to-day challenges and opportunities. Your career success stories bridge the gap.
Few Select Interview Questions
Few Select Interview Questions in Job Interviews
Why have you selected to join us?Where do you want to be in 5 years?
Describe your ideal career?
Tell me something about yourself.
How did you apply for the job?
Why do you want to work here?
November 21, 2009
Advertising Industry: Eligibility and Qualifications
Placements in Advertising Industry
Educational: Most advertising agencies recruit candidates with a formal management or advertising/mass communication qualification. Preference is given for MBA's for posts in the market research, client servicing and media planning departments.
In the creative department, on the other hand, a general BA with a command of the language of communication plus knowledge of designing packages like Photoshop, coral draw or fine arts is the requirement.
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Personal attributes: Basic qualities like creativity and flair for writing or ability to translate ideas into a visual format are required for making a successful career in this field. They should have insight into the interests of people from all walks of life, ability to work as part of team, mental and physical toughness to be able to withstand high pressure and criticism, must be sociable and have calm temperament. Market and media researchers should have an analytical and logical brain. Those in creative field should possess artistic abilities to make the ad appealing to the masses.