Posts tagged ‘employment’

Multi-skilled employees keep organisations going!

Companies need people who could adapt quickly, think on their feet and competently perform duties often beyond their JDs.

 

 

( Dr. Poornima Gupta for people matters ) The word “disruptive” has become very commonplace these days. As time goes by, jobs that are known today will disappear tomorrow. We are witness to drastic changes in jobs and careers compared to 20 years ago. Earlier, working in a company for 15-20 years was the norm. Now, companies offer loyalty bonus to those who complete five years. In IT companies, loyalty bonuses are common and paid every year after the first 2 years. More jobs are likely to disappear in the next decade.

 

As seen during the recession, employee specialists became an endangered species. Firms needed generalists who could adapt quickly, think on their feet and competently perform duties often beyond their job description. Successful businesses were those that evolved rapidly and effectively. As companies face the constant challenge of cutting costs, focusing on what they are good at, countering competition from newer players, outsourcing all non-value adding activities, they will look at the employee costs that they will have to ultimately curtail. They will commit to employ only those people who have skills without which they cannot survive, or who have ability to don multiple hats.

 

The old saying jack-of-all-trade workers remain crucial to companies for their ability to handle multiple assignments. And adaptability and versatility is emerging as a key quality that recruiters say they consider when filling vacancies these days. Adaptability is thinking on your feet. It’s more about being thrown unexpected turns and instead of just reacting, you look at the opportunity, see it and deal with it. People who can work under pressure, take on new tasks and can be okay out of their comfort zones, these are the ones companies need now.

 

The trouble is, conventional recruiting tools such as résumés, background checks and interviews won’t reveal if job candidates possess such traits. Personality tests and talent assessment tests become better indicators. The tests do not tell you whether to select or not, but they tell you the characteristics of the individual and the environment where they will do well. The traits like ability to deal well with pressure, talking about the excitement of change in their work and willingness to learn new things are the ones to look out for. If the candidate had left previous job because of uncertainty at work, is not one willing to adapt well to change.

 

Tata Motors and Mahindra & Mahindra have a policy of job rotation with the specific intention of equipping their employees with multiple skills to handle leadership positions. In Maruti, a supply chain manager can be in charge of marketing or production engineer head of R&D. They give ample opportunities for their managers to study further and work on  cross-functional  projects enabling them with the skills to manage the organization for the future. This requires the employees to be willing to learn new things.

 

Another reason for hiring multi-skilled employees is that these employees make for highly motivated and engaged workers. Research has shown that because they are versatile, they are always on the lookout for new dimensions in their own work, which prevents it from becoming monotonous. They can be fit wherever there are opportunities in the organization keeping them from being looking outside the company. Thus it results in greater retention.

 

Wipro Technologies and Infosys, the leading IT companies in the country, train their employees to turn into a multi-skilled workforce. They believe that when people are multi-skilled, they will likely need fewer people. This increases the hiring efficiency as well as reduces the attrition as workers tend to stay because they are given a variety of jobs to do and can see the growth potential in their jobs. Thus, today in the era of turbulence, what matters is not what you are good at, but what you can be good at in the future.

 

( About the author : Dr. Poornima Gupta is Associate Professor in the field of Organizational Behaviour and Human Resource Management at Great Lakes Institute of Management in Gurgaon ) 

 

The Transformation of the CFO

 

(Strategy + business)

In the 1980s very few companies had CFOS. However, in the last two decades the role of finance leader went through a major transformation and the CFO has become a major and integral part of any company.  The financial information manager became business partner, raising and allocating the capital used for growth, and advising business units on potential problems and risks.

 

Today, the role is being transformed again—to be a catalyst for change, helping companies focus on the capabilities that drive value It’s more of a leadership role  versus the support role it was 10 years ago. Moreover, unlike most other change agents, CFOs control the costs. The more strategically they use this leverage, the more the entire company prospers.

 

The CFO has to find a solution for the business unit that reflects an understanding of its competitive environment and customer demand—while helping organise the company strategy and overall growth.  The CFO is a collaborative partner in the business and gains respect.

 

Five key characteristics exemplify the new CFO: a holistic perspective encompassing the entire value chain, insight into business drivers (and the ability to communicate that insight to others), an eye for the right kind of talent, a facility for culture change, and the integrity and interpersonal skills needed to pull all these together.

Careers in Africa : Finance and Administrative Controller, Construction Sector, Angola

Company Brief: Our respected client is a leading Angolan construction company and is a pioneer in the field. Their large client database and high quality standards mean they are always on the lookout for top professionals for careers in Africa with them.

• Designation: Finance and Administrative Controller

Location:  Angola

Brief Profile: The desired candidate will be a CA/ ICWA/ MBA (Finance) with Exposure in Construction Sector speaking Portuguese, English and /or French. The incumbent will be responsible for Accounting & Finance, Human Resources, Legal, logistics, general service and purchases ensuring efficient management of each department with the budget.

For more details please visithttp://www.datum-recruitment.com/africa-jobs/finance-and-administrative-controller-construction-sector-angola/552

African expatriates in Ethiopia

As more jobs are created in Africa, how attractive it is for professionals from other Africa countries to find vacancies in the rest of Africa and make careers here? What advise do Africa recruitment agencies give expat Africans?

 

VENTURES AFRICA –. Ethiopia is Africa’s fastest growing non-oil economy. Once poverty ridden.  It is growing fast to become Africa’s lion economy, attracting investment and creating jobs in Africa. Modernity has brought with it interesting careers in Africa.

 

Two young African professionals who work in Ethiopia, Africa share their experience.

 

Will their positive experience inspire more young professionals to seek opportunities within borders and explore the rich work experiences that might exist within the continent?

 

Chat with Gamu Tagwireyi, Zimbabwean

 

 

Gamu Tagwireyi works as a  Child Protection Specialist. She support programs on Law Reform on Child Rights in Africa and has lived here for 8 months.

 

The country is safe, and cost of living it generally reasonable.  She likes the rich culture and heritage, the diversity of its people, the cosmopolitan features of the capital city Addis Ababa, the food, security and economic development.

 

Prices are high for  foreigners and expatriates. The tax rates are hindering development. The health sector needs a lot of developing to meet international and regional standards.

 

Addis Ababa is the political, social and economic capital of Africa. There are great opportunities to learn, expand, network here. It is definitely a place that can make you develop and make a head start to your career.

 

Chat with Chernor Bah, Sierra Leonean 

 

Chernor works for Nike Foundation as a brand manager. He has been here eleven months, for work, to start a project.

 

Cost of living here is higher than in his own country. There is respect for family and traditions. Addis is a modern city. He likes the organized chaos and the fact that there is an active night life.

 

He finds it is a closed society and the business environment is very closed. There are opportunities but there are not many entrepreneurs. Ethiopians are slow. They follow too many rules. Young Ethiopians need more exposure outside Ethiopia.

 

Where else does he want to make his career in Africa? He is fascinated by Botswana, Ghana and South Africa.

Africa – Future of Youths Grim without jobs

(allafrica.com) Lack of jobs in Africa is an urgent and pressing problem.

 

Unless African governments and policy makers take urgent steps to improve good governance, provide quality education, health and create jobs in Africa their youth will not be able to compete with their counterparts in other regions of the world.

 

What prevents creation of jobs in Africa? Why can’t the locals have careers in Africa?

 

More than 80% of jobs in sub-Saharan Africa are in the informal sector. Renting an office in Lagos is more expensive than in Manhattan or Dubai.

 

Low education levels, lack of skills, youth unemployment increases with education level in Africa; job readiness is lacking so people find it difficult to find jobs in Africa. Sectors that drive GDP growth do not create the most jobs.

 

As the continents economy expands, companies need specific talent and skill sits. In case of talent not available locally, Africa recruitment firms look for suitable expatriates looking for careers in Africa.

 

There may be still no jobs in Africa for locals after a few decades though the continent will have the largest youth population and the largest work force in some years.

 

 

Are you a youth in Africa? Send us your views on the subject.

 

Job of the Day – SERVICE ENGINEERS (GENERAL AND UNIT SHOP-Automobile Sector), Nigeria

Company Brief: The Group is  involved in Pharma, Industrial Chemicals, Polyethylene, Automobiles, Steel, Plastic products, Table Water, Rice Mill, Electronics  in both importing and manufacturing, with a turnover exceeding USD 500 Million

•Designation: SERVICE ENGINEERS (GENERAL AND UNIT SHOP-Automobile Sector)

•Location: Nigeria

• Brief job profile: The incumbent will be responsible to handle Service Operations for a KOREAN BRAND of cars.

• For more details Check: http://datum-recruitment.com/jobs-367.html

Job of the Day – Chief Operating Officer/ COO, steel and roofing solutions provider, Angola

Company Brief: Our client is a steel and roofing solutions provider in Angola.

• Designation: Chief Operating Officer/ COO

• Location: Angola

• Brief job profile: Responsibilities includes handling P&L responsibilities encompassing operations, business development, strategic decision making. Portuguese language knowledge is mandatory.

• For more details Check: http://datum-recruitment.com/jobs-409.html

 

Africa: Infrastructure needed to attract investment and potential employers

(allafrica.com) Africa is today the world fastest growing region. There is potential to attract foreign investment, trade and create jobs in Africa. Many skilled professionals are attracted to Africa recruitment agencies to help build their careers in Africa and fill vacancies in Africa.

 

Among the major roadblocks to the region is the lack of infrastructure to facilitate investment, business and creation of jobs in Africa.

 

In a recent meeting, the ministers of Infrastructure and Energy from the East African Community (EAC) have agreed that each member state will play a role in the implementation of infrastructure projects that benefit the region.

 

This will simplify and speed up the implementation of the various projects. Projects being targeted are those that may be local to a certain country, but with great benefit to more countries or other partner states and beyond.

 

Such projects include railway, roads construction, electricity as well as ports. The meeting also aimed at gathering views from each country about the priority infrastructure projects.

 

Ministers who attended the meeting are optimistic that the new approach is also a step to minimising misappropriation of funds, facilitate skills sharing as well as speeding up regional development

 

How will S. Africa mine unrest effect jobs in Africa?

(AFP)— Thousands of miners returned to work on Thursday at Anglo American Platinum, ending the most devastating and costly labour strike in South Africa in nearly a century.

 

Estimates put the cost of the strikes at $1.2 billion, roughly one percent of quarterly gross domestic product (GDP). This is seriously going to hurt jobs in South Africa and dampen creation of more vacancies in Africa in the near future.

 

Mine operators were already buckling under low mineral prices and high production costs and as they count their losses many workers now face the prospect of job losses.

Miners are likely to hold on to their jobs for now, but some are likely to be laid off once companies work out their long term plans, having factored in the impact of the strike.

 

Africa recruitment agencies are employed to find the best of talent who are looking for careers in Africa to fill vacancies in Africa but Jobs in Africa for are scarce. For example, there are no jobs in South Africa for a quarter of the population.

 

Loss of jobs in Africa in the mining sector will be a massive setback. It is one of the largest employers in South Africa and currently employs 500,000 people directly.

 

Investors have been put off and this is “probably going to be on an all-time low” in terms of foreign direct investment inflows.

 

Burger Kings job creation potential in South Africa

(allafrica.com)More jobs in Africa means an increase in the middle class and therefore consumers with more spending power. Global FMCGs now see enormous potential and want to make their presence felt in the African market.

 

Global fast-food company Burger King will open its first restaurant in Cape Town during the first half of 2013, marking the beginning of its move into South Africa and the southern African region, the company said on Thursday.

 

The aggressive growth plans are expected to contribute significantly to the South African economy and create a significant number of jobs in Africa for the South Africans over the next five years and beyond.

 

The introduction of Burger King to South Africa will bring much-needed jobs in Africa and careers in Africa and help in reducing the high unemployment rate.

 

Foreign direct investment is warmly welcomed. It will create a prosperous nation that enjoys economic growth and development and job creation.

 

Burger King and its partner Grand Parade had studied the southern African region and believed the time was right to move into South Africa.

 

The joint venture with Burger King was “a strategic move to enter the quick service restaurant market.” Africa recruitment agencies will now search for excellent candidates to work in this ambitions venture.