Aug 7, 2006

The Mittal and Ambani war for training talent

From ET:

Led by Sanjiv Duggal, till recently the CEO of ADAG-controlled training outfit NIS Sparta, around 25-30 key executives of NIS Sparta are learnt to have quit or are in the process of doing so to join Bharti Comtel, which is being positioned as a training and manpower sourcing company.

Insiders say the Mittals’ plan to consolidate their training and manpower competencies under Bharti Comtel. It would cater to the group’s manpower and training requirements, as well as offer services to external clients. “We get this sense from the fact that Mr Duggal has also pulled many NIS people who may not be relevant to Bharti’s core businesses,” a source told ET.

With the group entering new businesses such as financial services and retail as well as following a strategy of converting its temporary employees into permanent staff, its training and manpower needs are likely to rise.

That's a load of interesting developments for the training world !

6 comments:

  1. Sanjiv duggal and few key team members being poached by sunil mittal is not a good sign for indian "CORPORATE" world. It has created void in training industry without any gains for anil or sunil.

    Customer's view point should have been taken by duggal before jumping to this move.

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  2. hey ano..
    it wasn't exactly a case of poaching as much of opportunity presenting itself at the right time...
    Anyhows a high profile exit would infact augur well for the training industry as both outfits with their agresssive plans would make the scene more competitive as well as create newer opportunities

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  3. Hey Opportunity knocks only once. and person who understand ur importance deserve a great hand of appaluse. NIS was not able to work the way they were working in ADAG, Sanjeev will have better situations in Bharti. I wish all the best to entire team

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  4. in a democratic country corporate set up talented employees should have options to createsucess for customers and themselves.Ownership is important but equally more important is empowerment for talented employess to create new world order

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  5. I have worked with Sanjeev and he is a great employer and motivator. I am sure if he has decided to move on along with a team that he developed - there must be real reasons - most likely of self growth. And what better people to join hands with - Sunil Mittal is now officially the businessman of the year!

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  6. A popular verse of the Gita advises "detachment" from the fruits or results of actions performed in the course of one's duty. Being dedicated work has to mean "working for the sake of work, generating excellence for its own sake." If we are always calculating the date of promotion or the rate of commission before putting in our efforts, then such work is not detached. It is not "generating excellence for its own sake" but working only for the extrinsic reward that may (or may not) result.

    Working only with an eye to the anticipated benefits, means that the quality of performance of the current job or duty suffers - through mental agitation of anxiety for the future. In fact, the way the world works means that events do not always respond positively to our calculations and hence expected fruits may not always be forthcoming. So, the Gita tells us not to mortgage present commitment to an uncertain future.

    Some people might argue that not seeking the business result of work and actions, makes one unaccountable. In fact, the Bhagavad Gita is full of advice on the theory of cause and effect, making the doer responsible for the consequences of his deeds. While advising detachment from the avarice of selfish gains in discharging one's accepted duty, the Gita does not absolve anybody of the consequences arising from discharge of his or her responsibilities.Attachment to perishable gives birth to fear, anger, greed, desire, feeling of "mine" and many other negative qualities. Renounce attachment by regarding objects for others and for serving others. Depend only on God (not body, nor intellect), and the dependency on the world will end. Renouncing attachment is the penance of knowledge, which leads to His Being - Truth, Consciousness and Bliss. ( Bhagavad Gita-4.10)

    Thus the best means of effective performance management is the work itself. Attaining this state of mind (called "nishkama karma") is the right attitude to work because it prevents the ego, the mind, from dissipation of attention through speculation on future gains or losses.

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