Learning From Competitive Edge and Resharpening the Skills

Introduction

Although the world economy is trying to come out of wood and awaiting to witness credible growth, demand for competitive skills in IT global world continue to be at high stake and is intensifying day by day, making it difficult or impossible for any IT professional worldwide to stay ahead of it. A wide range of fluctuation in supply and demand of competitive skills is making the recruitment process much difficult for hiring organizations. On the other side those who already work with the IT organization always carry a fear that opportunities may cease at any moment of time or their skills may be obsolete after some time and no more required to the Organization. In current situation it may be likely that a star performer IT professional in the Organization can become suddenly a bench warmer and after sometime subscriber of multiple job portals. The career transitions from one end to other end may be so fast; many times it happens overnight. It is a well known fact that, practically it looks impossible for an average IT professional to get an opportunity to acquire multiple skills by working in multiple projects consecutively, moreover in current trend due to the delayed projects, clients are taking their own time to hire IT professionals that too only after rigorous assessment. More you are idle in the IT organization more you become suspect to hiring organization. Hence it is high time for IT professionals to keep nurturing their existing skills and look for acquiring new skills which market demands. Competitive skills demand changes faster along with changes in technology and business scenario and every time it may not be just technical skill which matters. Clients are increasingly looking at skills of those IT professionals who can deliver business value and virtually eliminate their issues in real time.

What are the competitive skills?

Competitive skills are the oriented skills and are built on combination of any of the basic skills (such as technical, management or behavioral) which on demonstration, enables and accelerates the business outcome of your customer in a positive way. Competitive skills keeps changing as per business, technology and human needs and they largely depend upon the position or role with which you are expected to perform. With these performing skills you need to accomplish the tasks to meet your client’s goal.

There are multiple ways IT professionals can acquire the competitive skills, however choosing, acquiring or enhancing the right set of skills is key to the career advancement. There cannot be a written rule on who should acquire which skills however there is a logical need to synchronize between what competitive skills you are capable of possessing and what market wants you to possess. Hence it is crystal clear that one needs to align his or her competitive skills as per the business environment they are expected to work with.

Managing competitive skills with business focus and what you need to do.

Selecting competitive skills for acquiring or enhancing, in tune with business demand is a tough task and need thorough self assessment. Here are some of the useful aspects to remember

o Scrutinize and Chart career path: It is essential for every IT professional to chart a career path for next 3 years period based on market projections and aspects such as, what technologies are getting introduced, what services are going to be used, what are the clients expectations from their business towards service providers and also from the feedback you receive from client at the end of project if you are already in a project environment.

o Learn the business dynamics: Business dynamics is changing fast due to globalization of services; stiff competition; accelerated time to market; recession; pressure on cost reduction and to do more with less. These aspects have to be clearly factors in our way of working. IT professionals are required to do additional learning to demonstrate quick results and expected value (ROI), cost savings, while rendering services to the client. This is possible by improving traction with your client and keeping sensitivity towards your clients’ immediate needs.

o Synergizing and balancing the skills: Making a skill set, business centric is very important, for example, you may be good in technical skills but lack in soft skills or management skills which may be needed in managing the team by your client. The skills with which you do outstanding work need to continue in the same rigor; however the skills in which you are weak, may have to be strengthen further. Do a SWOT analysis of yourself to confirm the areas you need to have improvement plan. Remember, competitive skills are going to be used as input as well as output for measuring the business performance as well as your own performance.

o Acquire professional certifications: Acquiring Certifications from worldwide recognized organizations on specific competency skills are extremely useful which provides good Weightage and credibility to the career charter and they need to be planned in a systematic manner based on eligibility criteria. Too many certifications from totally different work stream may not be useful. Certification shall help individual professional in building-up the career ladder in related field and improve learning by gaining knowledge. The examples of certifications in each area are Technology (Microsoft, Oracle, SAP, Java, Net, Virtualization, agile) Project Management (such as PMP, PRINCE-II), Information security (CISSP), Quality (ITIL, CoBIT, CMMI, ISO). Standard tools (such as Ms Project, Visio, rational tools, presentations tools or excel based tools).

o Improve your knowledge base: Client always looks at you as a solution provider or Subject Matter Expert (SME) in the area of his interest; he may expect you to provide you consultation or professional opinion. You need to possess a thorough knowledge in those related areas which can always be achieved by, attending and participating in seminars, webinars, workshops, conversing with your professional colleagues, reading; searching information, reading; writing articles and white papers and by blogging.

o Prioritization and Reprioritization: There is a need to have a continuous focus on Prioritization and Reprioritization of competitive skills due to business Prioritization and Reprioritization and its complexities. Based on changed business dynamic, IT professionals will have to review periodically those competitive skills which were earlier prioritized; some of them may need to be reprioritized due to market urgently.

o Work on future competencies, tools and technologies: The technologies and tools in IT world are getting upgraded every day and awareness of upgraded versions of related technologies and what they deliver to the business is extremely important. Be aware that, competitive skills in technology area are moving towards mobile computing, cloud computing and virtualization predominantly hence it is essential to understand what they are and what they offer. The business enhancements and solutions are going to be delivered through Virtualization, Innovation and Automation (VIA), hence IT professionals will have to get geared-up in learning and exercising innovative practices, strive for automating business and IT processes at every juncture and finally virtualize them for client’s user and customers globally. Cloud computing is one of the emerging technology which has forced usage of every component of software, hardware and platform on subscription or pay per user basis for economies of scale and optimal utilization for multiple clients globally.

o Learning and De-learning (LDEL): The new challenges posed by world economy, service globalization and competition has forced IT organizations to change the routes and the manner in which business was conducted. There is re-engineering and in some cases reverse engineering of business and IT practices hence IT professional will have to acquire skills for learning new routes and de-learning old routs with which businesses were conducted. E-commerce is best example of LDEL.

o Service focus will be on the top: Focus on acquiring and enhancing skills in the area of service commitment. Every service component and its performance is going to be tied-up with stringent Service Level Agreement (SLA) which will have to be fulfilled by every IT professional.

o Multilingual-Multicultural dilemma: Global business scenario expects every IT professional to walk and talk in Multilingual-Multicultural environment, hence learning, adopting and demonstrating these cultural and multilingual facets is considered as one of the top preferred skill by clients worldwide. Talking and walking in customer language and culture adds to the comfort level of client tremendously.

o Do pilots and internal projects to gain confidence: Pilots and internal projects are the best ways to try out newly learned skills to gain confidence. Many times it may not be feasible to get opportunity to work in live client project, however IT professionals need to treat internal or pilot projects with the same rigor to get thorough experience to build the confidence level.

o Adoption to business environment and competition: There could be impact of environment and people with whom you are collaborating during your engagements. You may be working with clients and vendors in near shoring, off-shoring, on shoring arrangement or in co sourcing environment and with competing vendors. Your competitive skills needs to be at par as compare to the client or vendor organization while delivering the services to create that differentiator.

o Get accustomed to Unified Communication: Since the business process integration will be on the top of agenda for every business conglomerate, the real time communication services will have top preference. IT professionals will have to learn how to make cost effective usage of integrated instant messaging, IP Telephony, Video conferencing, call control speech recognization etc.

o Commitment to CSR and Green Environment: At work, learn the requirements of facilitating green environment and participate in the Organizations initiatives. Corporate Social Responsibility (CSR) is no more optional service and every professional need to contribute his bit towards CSR initiatives. Many governments worldwide have enforced regulations to organizations and their employees with the mandate to demonstrate visible outcome. The selection criteria for some of the top jobs include one of the aspects of contribution towards CSR and green environment by many organizations.

o Improve communication and presentation capabilities: Doing presentations, conducting webinars, podcasts, writing articles and whitepapers Mentoring juniors, Blogging, becoming opinion leader, being a part of social network, provides ample opportunities for IT professionals to improve their written and verbal communication and presentation skills. Many times communication skills supersede the other skills and clients do accept working with professionals who may not be very expert but know their job.

o Be aware of change management issues: Changes in reporting functions, policies within organization and with client organization as well as acquisition and mergers poses lots of challenges and impacts performing skills. Understanding the change management process thoroughly and realigning with new organization structure requires patience, adaptability and lot of flexibility. Sometimes it also creates uncertainty to the profession; this has to be dealt with by demonstrating much better performance in business outcome.

o Improve professionalism and be trusted partner: Professionalism is demonstrable application of qualities and competencies within the framework of business ethics. When you work as an IT professional for your client you are ambassador of your Organization and your professional services shall safe guard interest and expectations of your client. It is necessary to demonstrate professionalism in every task and act which can provide outstanding results from your work to the client, moreover client look at every hired professional as a trusted partner who can delivery solution to his problems.

o Register for national skill database and get your BGRC done: It is desirable for every IT professional to get registered to national database of that country (such as NASSCOM in India) and get certified and cleared in background check (BGRC) by approved agencies. This is specifically check by your client while hiring you for services.

o Referencing and perception: Creating good references about yourself is a key requirement of your profession. If you have good reference base from your senior colleagues, client and professional who can talk about your capabilities and achievements, it provides high level of comfort to the anyone who wants to refer you. Also it is imperative to create honest perception about yourself through performance and achievements to the professional world around you.

In summary

Competitive skills are influenced by market condition, demand for IT services, global view hence it is imperative to take a stock of current and future state of global needs while developing the skills and delivering the outcome. The factors mentioned above will play important role in shaping your future as a successful professional

Successful Women Entrepreneurs Today In A Competitive World

The successful female operated businesses know the meaning of a true business owner, “One who carries out to conduct a business assuming complete control and danger,” is not gender specific, it is not surprising that most entrepreneurs are men.

Lots of women merely do not have the time to start a company due to the fact that women tend to undertake the greater share of raising kids and keeping the house together!

I had the chance to interview a few who attended the woman’s conference and take a close take a look at the issues that successful women entrepreneurs deal with.

At a current international women entrepreneur’s conference in Glasgow, the Bank of Scotland presented a few of its research studies.

In accordance with the bank, even successful women entrepreneurs tend to: under-capitalize their organizations at startup; have a disinclination to use financial obligation financing and to be more danger averse than their male equivalents,

And they utilize a greater percentage of their individual savings within their service, both at startup and advancement.

They are less aggressive than guys about their understanding and understanding of financial products and services, all which can influence on funding and growing their businesses.

This might be exacerbated by the banks’ historic hesitation to treat their women in business clients in the very same manner as male customers.

Females owned businesses have the tendency to be more service oriented.

Yes, and therefore have less equity than male owned services– another factor banks can be hesitant.

Financing is vital to all commerce and of course the female owned businesses, and possibly managing money is most crucial amongst small businesses, whether at the start or when expanding.

The struggle to keep appropriate cash and financial freedom alive is consistent among business owners.

Is it any surprise then, that monetary concern is the most widespread cause of stress and insomnia!

With female owned businesses producing over thirty nine percent of new start-ups, and just over a third of self-employed proprietorships in Canada owned or led by females, female entrepreneurs have increased by just over more two hundred per cent in the last twenty years.

As an outcome, more black female business entrepreneurs are seeking more opportunities to grow their network and boost their support systems.

The Women Entrepreneurs of North America in Canada was established in Toronto in 1992, as a support, opportunity and resource network for female entrepreneurs.

I found that WEC promotes and fosters the young women entrepreneurs, too, in Canada and assists them to accomplish and define success on their own terms.

It’s important to help promote the interests of successful women entrepreneurs and women in business getting started, and business owners in the larger service neighborhood.

It assists in the transfer of appropriate knowledge that is appropriate to WEC members; and partners with companies both in Canada and abroad, such as the National Association of Women Business Owners in the USA.

And the global groups like Femmes Chefs d’Enterprises Mondiales and the Italian Associazione Imprenditrici e Donne Dirigenti D’Azienda, to bring finest chances, resources and practices to its members here.

This is an organization where women can fulfill their life dreams and blend with other female owned businesses, who deal with similar issues in starting, running, and growing their services.

WEC is a resource that offers a unified voice to federal government and the public, pressing the issues of women in business to a right-minded leading edge.

It is suggested that increased young women entrepreneurs research and study to produce more chances for black female business owners, while bringing exactly what is learnt about women’s organizations updated.

And relating to maternity leave– as female owned businesses are working to do the exact same benefits as for their staff members as they ‘d like to be treated.

There’s the “what might be done” to level the playing field and extend that advantage to all as, for example, it is in Finland?

It’s like the Course in Miracles teaches, “True extension of Self and one’s true free will brings on an awakening worldwide.

There are many organizations that help female owned businesses to interact a confident and refreshingly positive message about the future potential customers for females, and it is gratifying that the message is being heard.

I urge any woman in business, especially young women entrepreneurs to discover more about self-confidence as an entreprneur.

This takes us to wonderful tips for female owned businesses, and encouraging young women entrepreneurs.

Many aspiring female owned businesses, business supervisors and other professionals typically forget that they really have 2 tasks– the very first is to do exactly what they make money for (and do it much better than males).

The other is to proactively handle their profession path and do exactly what is required to guarantee their upward mobility isn’t really based on others– particularly those who notoriously subscribe to the “Old Boys Club” mentality who might or may not be working in her benefit.

The following “secrets”, amassed through my substantial background as both a business entrepreneur and organization experts lending me advice, will help female professionals better handle their success course:

Understand the “circle of successful women entrepreneurs”

A typical piece of suggestions provided to female owned businesses is for them to spend a good deal of time being familiar with, and working side-by-side, with their personnel to make sure each employee has what (s) he needs to be productive.

While that concept is well intentioned, it’s does not offer maximum advantage to all included.

Rather, it is more vital that female managers hang around helping their employer look proficient at every opportunity.

When (s) he understands that you have the ability to assist her/him prosper, you and your group will get more time, attention and resources assisting in optimum productivity.

Many female owned businesses cite male stereotyping and prejudgments of female “appropriate” roles and abilities as a leading barrier to their development.

It’s crucial for women to assess where a male employer stands relative to female specialists.

Previously I discussed women’s insecurity issues can be healed fast and to be a confident woman.

This can be done by analyzing his promotion track record of males vs. females, his balance, or lack, of interactions with female vs. male staffers, and if his interactions with female staffers is strictly expert rather than just inane or flirty little talk exclusively about her household.

How we sound (i.e., one’s unique attributes of the voice such as pitch, volume, and tone) play a crucial role in how females are viewed.

In addition, lots of women tend to mention their opinions, objections or recommendations as a question as opposed to affirmatively and confidently making their point as a declaration.

In a work context, females should command the flooring lest their fantastic ideas fall by the wayside.

Since numerous of us still associate one’s temperament, speaking and appearance capability with their general ability, this stays a powerful challenge for those women who have other or physical stereotype-based characteristics that are tough.

But as humans like the Course in Miracles teaches us, “The ego is aware on how to creep in the back door on us and begin projecting judgment based on fear and self-doubt.”

That said, it might be impossible to change, such as height or weight, blonde hair color, or merely a high pitched voice.

This subjectivity is even worse for young women entrepreneurs as society is generally more able to accept males with what’s considered to be shortfalls more than ladies.

Regardless of these barriers, condition yourself to bring yourself with best posture, speak and gesture in a reliable and confident way, and wear clothes that imparts your female owned businesses success.

To actually stand out from the others and get the crucial promotion, young women entrepreneurs from off site, or in house women execs, ought to guarantee they are in the workplace whenever her employer is in the office.

If (s) he has actually decided that it’s essential to be there after hours, on weekends, or early in the morning, it is entirely to your advantage to be there at the very same time.

Even in this day in age of so-called gender equality, females need to take benefit of all chances to differentiate themselves in the work environment.

It is essential that those who are in the position to benefit a woman’s career in any method know who she is and exactly what she has accomplished.

Effective service people understand the importance of letting others understand about their successes, and go about it in the suitable method.

Ladies need to not wait to get discovered while they toil away at the job at hand, but rather develop the ability of how to tactically talk about her achievements in the work environment.

Far too numerous employees throughout our world are bored and disinterested, which is adversely affecting their performance and creativity.

It’s time for the globe’s corporate leaders to re-engage and invest more time acting as leaders rather than bureaucrats.

The female owned businesses need to exploit this innate capability whenever possible, since such right-minded management ensures that everybody is focused on, and vested in, getting to the goal lines.

(I always suggest searching the web for related information that is a discussion on being a self-assured woman today filled with female confidence. A good conversation might be, should you have a life coach, yes or no?)

To your success in life!

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