http://orbitchange.com/blog/2007/01/18/temp-bust/ Sharad Sharma examines the transformation challenges facing the software industry Thu, 28 Aug 2008 10:43:46 +0000 http://wordpress.org/?v=2.0.2 http://orbitchange.com/blog/2007/01/18/temp-bust/#comment-495 Tue, 30 Jan 2007 11:45:01 +0000 http://orbitchange.com/blog/2007/01/18/temp-bust/#comment-495 As long as the USD is strong against the INR, the party will be on. While good talent will get scarce by the day, there is ample amount of average talent available to fuel the growth. I think an external global event or government's playing with policy (taxation, SEZs) could spoil the party and lead to a bust. Otherwise the market will have minor corrections along the way. I feel there is a lot of room for the bubble until a bust becomes essential. As long as the USD is strong against the INR, the party will be on. While good talent will get scarce by the day, there is ample amount of average talent available to fuel the growth. I think an external global event or government’s playing with policy (taxation, SEZs) could spoil the party and lead to a bust. Otherwise the market will have minor corrections along the way. I feel there is a lot of room for the bubble until a bust becomes essential.

]]> http://orbitchange.com/blog/2007/01/18/temp-bust/#comment-332 Mon, 22 Jan 2007 06:34:35 +0000 http://orbitchange.com/blog/2007/01/18/temp-bust/#comment-332 I think a 'bust' is definitely made essential. Like you have rightly pointed out, salaries are spiralling, and very often the younger' techies' no longer feel responsible towards the commercial success of the companies they work for. They are myopic and obsessed with "what's in it for me"... Once their ambitions or short term goals are fulfilled they leave for greener pastures. While it might be seen as a a generalizing / sweeping statement in my conversations with many, this seems to be the case. And then, to add to it, talent is scarce, good people are hard to come by. How we ensure a steady supply of promising engineers by gearing up our RECs and other local engineering schools --- is where the key lies... I think a ‘bust’ is definitely made essential. Like you have rightly pointed out, salaries are spiralling, and very often the younger’ techies’ no longer feel responsible towards the commercial success of the companies they work for. They are myopic and obsessed with “what’s in it for me”… Once their ambitions or short term goals are fulfilled they leave for greener pastures. While it might be seen as a a generalizing / sweeping statement in my conversations with many, this seems to be the case. And then, to add to it, talent is scarce, good people are hard to come by. How we ensure a steady supply of promising engineers by gearing up our RECs and other local engineering schools — is where the key lies…

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