Dubai Jobs, Gulf Jobs, Jobs in Dubai, Qatar, Kuwait - Boyen Haddin & The Giant HR Consultant’s Post

Over 40% of unicorns in India are funded by reverse brain drain talent. This reverse migration of skilled professionals from overseas, especially from tech hubs like Silicon Valley, is accelerating India's growth. But first, let’s understand what’s reverse brain drain. Reverse brain drain is simply the net increase of bright people from other countries. In the case of India, individuals who moved abroad for better job opportunities are returning to their home country, bringing back their skills and experience. Here is why I and many others think that this trend is benefitting our country- ▶️ First, these entrepreneurs and professionals, such as Prashant Tandon, co-founder of 1mg, Abhiraj Singh Bhal, co-founder of Urban Company, and many others, bring valuable global experience, exposure to cutting-edge technologies and access to networks that aid in fundraising and scaling up. Their stints abroad equipped them with a broader perspective to identify unique opportunities back home. ▶️ Second, the reverse brain drain has catalyzed the creation of new knowledge-based sectors like SaaS, product engineering, deep tech, etc. For instance, Swati Bhargava, co-founder and CEO of CashKaro has moved back from London and started her venture. Indian startups are now providing cost-effective, localized solutions that were previously unaffordable for small businesses. This is democratizing technology access. ▶️ Third, reverse migration is creating employment opportunities across tier 2/3 cities and rural areas. Entrepreneurs like Sridhar Vembu, founder of Zoho, are inspiring local talent by setting up operations in smaller towns of Chennai and retaining skilled workers who may have otherwise moved to metros. Overall, the cross-pollination of ideas, skills, and capital stemming from the reverse brain drain is fostering an entrepreneurial mindset. Talented Indians are solving India's unique challenges using their global learnings, giving rise to innovative business models and boosting economic progress. However, we cannot overstate the fact that to sustain this momentum, we need industry-academia collaborations to create a robust talent pipeline and supportive policies that incentivize reverse migration and ease of doing business. What's your view on the impact of reverse brain drain on India's growth trajectory? I'm keen to hear perspectives from founders, investors, and professionals across sectors. #Reversebraindrain #IndianUnicorns #TechTalent

Insights from the IPF Founders Group While India is often viewed as a destination for labour arbitrage, scaling operations in the country presents its own set of challenges. Entrepreneurs caution against underestimating the complexities of talent management in India, stressing the need for a significant scale before effective management becomes feasible. Beyond Labor Arbitrage: The Realities of Talent Management 1. Complex Talent Landscape: --> Diverse Skill Sets: India boasts a rich diversity of skills, from highly skilled tech professionals to innovative thinkers in various sectors. However, aligning these skills with global business standards requires nuanced management and significant investment in training and development. --> Cultural Nuances: Understanding and integrating cultural nuances into the workplace is essential for building cohesive teams. Indian business culture values hierarchy and relationship-building, which can impact management styles and employee engagement. 2. Challenges in Scaling Operations: --> Infrastructure Needs: Establishing robust infrastructure, both physical and digital, is critical for supporting large-scale operations. This includes reliable internet connectivity, modern office spaces, and efficient logistical support. --> Regulatory Compliance: Navigating India's complex regulatory environment can be daunting. Companies must stay abreast of labor laws, tax regulations, and industry-specific guidelines to ensure compliance and avoid legal pitfalls. 3. Effective Talent Management Requires Scale: --> Significant Scale: Effective talent management in India necessitates a significant scale. Small-scale operations may struggle with resource allocation and may not fully leverage the potential of the Indian talent pool. --> Economies of Scale: Achieving economies of scale can help in optimising costs and improving operational efficiency. Large-scale operations can afford to invest in comprehensive training programs, advanced technologies, and strategic partnerships. Data Points to Consider: --> Growing Talent Pool: According to the India Skills Report 2023, over 46% of Indian graduates are employable, with a significant percentage in STEM fields. This highlights the availability of skilled talent ready for deployment. --> Startup Ecosystem: India is home to over 50,000 startups, with a growing emphasis on innovation and entrepreneurship. This dynamic ecosystem provides a fertile ground for collaboration and growth. --> Economic Growth: India’s GDP growth rate is projected to be 7.5% in 2024, reflecting a robust economic environment conducive to business expansion. While India presents vast opportunities for leveraging its talent pool, businesses must approach expansion with a strategic mindset, recognizing the complexities involved. Building a scalable, compliant, and culturally aware operation is essential for success. #GlobalTalent #IndiaBusiness #IPFFoundersGroup #BusinessGrowth #IndiaUKBusiness

📰 Today’s Corporate Buzz in India 📰 It’s been an eventful day across Indian corporate offices, with significant developments shaping the business landscape: Tech Giants on the Move: Leading IT companies are making headlines with their latest strategies to combat global economic challenges. From new investments in AI to scaling up digital transformation initiatives, the focus is on innovation and resilience. Leadership Shifts: Several top-tier firms have announced key leadership changes aimed at steering their companies toward future growth. These strategic moves highlight the importance of dynamic leadership in navigating the evolving market. Sustainability in Focus: Sustainability initiatives continue to gain momentum, with corporates unveiling ambitious plans to reduce their carbon footprint. The push towards greener operations is a clear sign that businesses are prioritizing long-term impact. Workplace Culture: As hybrid work models solidify, companies are investing in employee well-being and engagement. Today’s discussions emphasized the need for a balanced approach to work-life integration, ensuring productivity while maintaining employee satisfaction. Startups on the Rise: The startup ecosystem is thriving with several promising ventures securing significant funding. These developments are a testament to India’s growing reputation as a hub for innovation and entrepreneurship. Stay tuned as these trends unfold and continue to shape the future of India’s corporate sector! #CorporateNews #IndiaBusiness #Leadership #Innovation #Sustainability #WorkplaceCulture #Startups

The global market is going through a rough patch. In 2021 times were exciting with more companies becoming unicorns and employees getting a whopping salary. Tech industries saw a massive boom during that time and most companies got good money on their plate. When something hits the peak, it is bound to come down, it's a theory, we have seen it happening, nothing stays forever. In 2021 India saw 44 unicorns, In 22 the numbers came down to 22 with 23 being the worst year with just 2 unicorns. On top of that only 756 venture capitalists deals happened in the year 2023 as compared to 1362 deals in 22.(Almost 50% drop). In 2023 nearly 2.6 lakh employees were laid off in the tech industry with more than 36,000 employees being sacked in India at the same interval. Let's know the reasons for that: ➡️Economic Slowdown: After a period of rapid growth, the economy usually slows down. This is like a cycle – after doing really well, things often cool off a bit. ➡️Market Saturation: There were so many new tech companies starting up that the market got crowded. It's like having too many ice cream shops in one street – they can't all do well. ➡️Investor Caution: Investors who put money into new companies became more careful. They saw a lot of risk because things weren't as stable, so they held back on investing. ➡️Tech Adjustments: The tech industry is always changing. What's popular and profitable one year might not be the next. Companies have to adapt or they'll struggle. ➡️Job Cuts: When companies aren't making enough money, they can't pay as many workers. That's why a lot of people were laid off, especially when the tech boom slowed down. ➡️High Costs: Running a tech company can be expensive. When times are tough, these costs can be too much to handle. With companies planning to lay off more employees in 2024, the future of the industry looks blurry. What's your take on this? #founders #ceo #startup #growth #revenue

The phrase "The Corporate of India" embraces this vivid mix of ambition, tradition, and innovation that continues to shape the country’s economy and the future of 1.5 billion people. For decades, India’s corporate sphere has been defined by family-owned conglomerates, whose names were synonymous with the country's economic journey—Tata, Birla, Mahindra, Reliance. However, India’s sprouting startup scene is a testament to youthful ambition and relentless innovation, and the country now lists over 100 unicorns—companies valued at more than $1 billion. They have disrupted industries and redefined work culture with new hierarchies, rapid innovation, and a digital-first approach.................................. The next chapter of India's corporate journey is still being written, but if the past is any indication, it will be nothing short of extraordinary. Let's celebrate the contribution of the corporate of India to nation-building. Will be sharing more such tales of transformation and stories of the success, of the Corporates of India. \\ DO read the complete script below and follow for more!! #TheCorporateOfIndia #Stories #OfficeTruth #startups #growth #India@100 #finance #HR #TalesOfTransformation #ca #Bharat

India's start-up scene is booming! 10,000 start-ups were approved in just 156 days, compared to the 808 days it took for the first 10,000 approvals. Even more exciting, smaller cities are now leading the way, with almost half of these new start-ups coming from Tier-2 and Tier-3 cities. MSMEs (Micro, Small, and Medium Enterprises) are the heroes of our economy. They’ve created 120 million jobs and contribute 33% to India’s GDP. Most of these businesses are very small, but their impact is huge. 👉 They provide many job opportunities at a lower cost than big companies. 👉They help develop underdeveloped and rural areas, spreading economic growth. 👉By spreading businesses across different regions, they help reduce economic disparities. The Indian government plans to create 5 crore more jobs in the MSME sector by 2025. As of December 2022, MSMEs employed 9.31 crore people, including 2.18 crore women. __________ Hey, it's Nilesh K Sule from CoCreators and Company .  Proudly leading Pune's top #coworking space. Follow me for insights into the latest coworking #trends and #innovative #business strategies.

👷♀️ Manufacturing's 'Be Your Boss' Moment 🚀 Did you know? Nearly 48% of India's manufacturing sector workers are self-employed, reflecting a powerful entrepreneurial shift! This trend is fueled by the booming startup ecosystem, as more individuals choose self-employment over traditional roles. 📊 🔍 Key Insights: Self-employment in manufacturing has jumped from 43% in 2018-19 to 48%, surpassing regular wage jobs. The trend is prominent in other sectors too, like agriculture and transport, where flexible work is on the rise. A noteworthy 77.8% of women in manufacturing prefer self-employment, often running businesses from home in fields like consultancy, design, and HR. Experts believe this shift reflects the growing need for flexible income and a response to job scarcity, paving the way for a new generation of young entrepreneurs. 🏠👩💼 India's workforce is embracing the 'Be Your Boss' mindset, driving the nation's vibrant startup culture! 🌱✨ #Entrepreneurship #Manufacturing #BeYourBoss #SelfEmployment #StartupIndia #WomenInBusiness #FlexibleWork #WorkFromHome #StartupEcosystem #IndiaJobs Source- the economic times

This is hardly surprising since many startups have failed to live up to their promise of being sustainable and profitable in the long run. Seasoned CXO's can see through the rosy picture that can appear due to investment rounds and inflow of money into the startup. If the future is bleak or the value proposition is not sustainable in the long run, experienced professionals will move on from such startups. One must wonder though whether it is the CXO's loss or the startup's loss. The founders and investors must realign to the concept of long term profitability of business and growth of the company's workforce in order to retain the top level talent and experience..

The Indian corporate market is a coal mine with two distinct parts - one dark and cool, the other glaring red and hot. The former represents startups and unicorns that offer a youthful work culture, flexible timings, reward-based appreciations and an ultra-modern workspace. The latter represents organizations that still cling to the traditional mindset with minimal perks and a laborious work culture. While the dark and cool part may go a little low on remuneration, owing to other employee-centric benefits, organizations in the glaring red and hot part end up paying more due to high attrition and dissatisfactory work environment. This stark contrast needs to change! Because, when an employee, in search of monetary growth, ends up from the former in the latter, it leaves him/her utterly demotivated and dissatisfied with no more options to explore. Every #business should consider modernising their thoughts, their culture and their mode of operation not only to attract and retain #talents but to create the Indian corporate market more holistic for everyone's development. Let me know your thoughts! #corporateaffairs #IndianCorporateMarket #Startups #WorkCulture #workenvironment #changingthenarrative

India is truly on a rapidly rising trajectory. I caught up with 50+ strangers over the last 30 days. After moving back to India a couple of months ago, each of my interactions vindicated the decision we made. Ranging from startup founders pitching their ideas, social sector experts and professionals, students and early-stage professionals looking to build their careers, and seasoned professionals returning to India after years abroad, I had some amazing discussions across the spectrum. The signs are obvious: - India is brimming with talent which is now coupled with enthusiasm to build and innovate. - Mid-career professionals with comfortable lives and successful careers in places like the US, London, Australia, Hong Kong are voluntarily switching bases back to India. - Startup founders are looking to solve real problems and not just imitate ideas and business models from Silicon Valley. - People are committed to truly "changing and improving" India with many leaving corporate jobs for something more "impactful" and others choosing non-profits over lucrative job options. The next couple of decades can truly metamorphosize India into an unstoppable power. Open to more such discussions - you can find my Topmate link (free consultations and discussions) on my profile.