As Indian IT companies try to morph from being mere low-cost service providers to business partners, they are feeling the need for more and better leaders across all levels. Infosys, Wipro, HCL and others, are drawing up a new checklist of traits they want their next generation of leaders to have.
Employers want more services from a smaller manpower, which means hunting for those who are adaptable to disruption and change, can take risks and shorten their tenure of failure quickly. Estimates suggest that around 12 percent of 2.8 million industry workforce could be thrust in roles that could demand some form of leadership.
Some companies have tweaked their talent selection process to seek out candidates who, can navigate through ambiguity, are capable of engaging clients across different geographies, are not averse to risk and are innovative enough to interpret complex problems and come up with practical solutions that clients can apply. Others are putting their junior and middle management employees through psychometric tests to spot leaders with resilience and detachment. Such initiatives that bring the leadership thought to the young entrants are moves towards the right direction. "While the last downturn was a lesson for senior leaders, this dip in business cycle is for the younger lot to learn from," said Milan Sheth, technical senior trade and partner at E&Y.. (reads abrupt – is something missing?)
Source: The Economic Times