The Big Four accounting firms - EY, PwC, Deloitte, and KPMG - are engaged in a talent war as they seek to strengthen their advisory practices and fill gaps in their service portfolios. Deloitte recently hired 150 members, including 15 partners, from KPMG, prompting KPMG to actively court Deloitte partners and their teams. PwC is also said to be poaching eight partners from KPMG, along with over 150 executives. The demand for talent has intensified as the Big Four firms have reported significant growth, fueled primarily by advisory sectors such as consulting and transactions.
The demand for fast-paced and rigorous skilling programs, known as "bootcamps," has increased significantly in India due to a dull job market and the rapid pace of change in tech job profiles. Many young graduates are enrolling in these programs to gain new-age tech skills and improve their employability. Companies like Great Learning, Upgrad, Coding Ninjas, Scaler, and Newton School have seen a 2-3 times increase in demand for bootcamps in the last 6-12 months.
The travel and hospitality industry in India is expected to see a 15% increase in hiring intent for freshers in the second half of this year, according to a report by TeamLease EdTech. Tier I and II cities, such as Bengaluru, Delhi, and Gurugram, are expected to drive hiring in specific roles.
Product management and project management are two closely intertwined disciplines in the business world. Both have their own life cycles that outline the necessary steps for success. The product management lifecycle includes idea generation, market research, product development, testing, launch, post-launch monitoring, maturity and growth, and decline or sunsetting. On the other hand, the project management lifecycle consists of initiation, planning, execution, monitoring and controlling, and closure.
Mergers and acquisitions (M&As) can be complex, but effective product management is crucial for successful integration. Product management impacts customer experience, revenue growth, cost rationalization, and innovation.
Indian corporate boards and their nomination and remuneration committees are closely examining CEO compensation amid challenging economic conditions. With declining revenues and profits for many companies, there is greater emphasis on linking CEO pay to performance, financials, and market valuation.
Product management and project management are two distinct roles in the business and technology world. Product management focuses on answering the "what" and "why" questions, shaping the product's vision and strategy. On the other hand, project management is concerned with the "how" and "when" of executing specific projects within scope, time, and budget.
Whenever people approach them with a representation, government employees should address their grievances and resolve issues and make government initiatives and schemes benefit them, he said. Stalin said the Group-4 level is only the first step and encouraged them to clear more exams and reach higher positions in the government.
The National Career Service (NCS) portal in India has registered over one million active vacancies in August 2023, providing employment opportunities for the country's youth. This is the highest in the current fiscal with the number of vacancies in May at 0.56 million and 0.76 million each in June and July.
Exams & Results
The Union Public Service Commission (UPSC) is expected to announce the results of the National Defence Academy and Naval Academy Examination (II) 2023. Candidates should regularly check the official websites for updates. The recruitment drive aims to fill 395 vacancies, with 370 positions for the National Defence Academy and 25 positions for the Naval Academy.
Tasting success is not an easy feat, and sometimes one has to have patience and perseverence for the same. The story of Dwibesh Nath, 33, is a true example of this. Hailing from Odisha's Angul district’s Talcher town, Dwibesh got into ndian Institute of Management (IIM), Ahmedabad, after 10 attempts. (Image: LinkedIn/ Dwibesh Nath)