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Working professionals keen on upgrading skills

In today’s highly competitive corporate world, working professionals are keen to upgrade their skills and qualifications like never before. SP Jain Center of Management, a business school that offers programs of intensive management business, both working for executives as well as full-time students, recently sought applications for its Executive MBA second batch of sixty and was overwhelmed by the response.

SP Jain Center of Management, located at Knowledge Village, Dubai has a legacy of being at the cutting edge of management education. Its parent campus, SP Jain Institute of Management and Research (SPJIMR), ranked seventh by Asia Inc, the Singapore based business magazine, and India’s top business school for job placements, has been constantly innovating not just the curriculum and pedagogy but also the imparting methodologies employed in business education. These advances are now available at Dubai’s SP Jain campus for the region’s business management aspirants to benefit from.

Martha’s ready for Living

Fashion designer Ralph Lauren lives next door. Billionaire Financier George Soros is down the street.

If Martha Stewart gets prison in West Virginia next week, they are not a characteristic Halfway House. Instead, it is at its aufbrechend of 153 hectares of farm at the centre of Bedford, serves as a transition to society, envy and others.

This is the place where she hopes at the beginning of their return to the USA as a culture and business symbol.

Friends and associates said Stewart detailed “to-do lists for five months, they serve as delivery at home, the second half of their sentence, up to an obstacle to the federal justice system.

She writes for the next edition of Martha Stewart Living Magazine. She bought seeds and filled two greenhouses plants in anticipation of the Outdoor of the season gardening. And it should consider at regular intervals with their probation officer.

While conditions Stewart’s “monitors release” herumlaufen limiting their freedom, even within the whole it seems a lot to be done on the ground is she decided to their new place of residence to live in Westport, Conn. , For more than 30 years.

The dozen buildings in the area of West Chester - in most varnish Stewart’s own shade Bedford Gray - are in various states of construction.

“The enthusiasm of this new beginning - a new house, a new garden - has sustained their spirits,” Margaret Roach, editor in chief of Martha Stewart Living, wrote recently in a letter to readers.

Roach and other top leaders to Martha Stewart Living Omnimedia were not available for comment on this story. In a conference call with analysts on Wall Street last Wednesday, Chief Executive Susan Lyne said that despite Stewart’s home detention until August, she plays an active role in the development of new products, strategic planning and production Two new television programs. One of these is a version of the reality program “The Apprentice”, where Stewart expects Donald Trump’s.

“Our capacity to plan no longer clouded,” said Lyne.

She added that Stewart’s return should contribute to positive results for the publicity of Martha Stewart Living, for the first time in over two years.

Advertisers fled amid allegations that insider dealing with Stewart-commerce with their shares in drugmaker ImClone Systems in late 2001, and many have not returned. Your belief, during the past year, less expenses also condemned a syndicated TV program, slowed sales of Martha Stewart Everyday home goods at Kmart stores and led to the closure of a catalogue and ” Internet sales department. Since 2001, about 125 jobs have been created on average Affairs Manhattan.

HR’s rising star in India

With an enormous, young workforce (the median age is 25) living in the largest democracy in the world, India is poised to become one of the global economy’s newest powerhouses. Since India opened its markets to foreign investment in the early 1990s, its economy has grown at an impressive average 8 percent annual rate, and the nation is now projected to become the world’s third-largest economy (behind China and the United States) within two or three decades, according to global investment banking and securities firm Goldman Sachs and other economists.

Most of the nation’s job and economic growth has been generated by family-owned Indian enterprises and multinationals in industries such as information technology (IT), telecommunications, business process outsourcing (BPO) and pharmaceuticals.

Maintaining high growth rates is a high priority for these industries because they face increasingly stiff international competition, most notably from China. But sustaining growth may be difficult, due–ironically–to a lack of qualified people.

Despite the fact that India has a population of more than 1.5 billion people, and a workforce of 422 million, its literacy rate is a low 59.5 percent (compared with 99 percent in the United States). Further, only about 48 million people–less than 12 percent of the entire workforce–are college graduates. And those who do hold college degrees often don’t possess the skills needed by the nation’s surging industries.

The human capital challenges facing some of India’s hottest sectors are similar to the skills shortages that some employers in the United States face today–and that more may encounter in the future as vast numbers of baby boomers retire, legal immigrant labor grows scarcer and America’s educational system continues to struggle to produce qualified new workers. (For more on these factors, see the cover story in the March 2005 issue of HR Magazine.)

But while similar challenges face both nations, the stakes are higher in India. For many companies in highly competitive sectors, a lack of talented workers constitutes a “make-or-break” HR issue, which makes the value of good HR management readily apparent to top executives. The profession, as a result, is gaining both respect and attention–the kind that comes from being on the hot seat.

The results from HR are mixed, however, with some observers complaining of large-scale failures and others pointing out high-profile successes.

The HR Agenda

With the national economy growing rapidly and with growth in such industries as IT and business process outsourcing more than doubling, HR challenges are coming fast and furious.

“It’s like building an aircraft while you’re in the air,” says Marcel R. Parker, president of human resources at the Raymond Group of Companies in Mumbai, a leading Indian organization in textiles and retailing with 18,000 employees.

Faced with growth at record levels in some industries and skyrocketing attrition, HR professionals say they’re spending upward of 80 percent of their time on recruitment.

Compounding the problem is the fact that, for personal or family-related reasons, half of all the women they hire will opt out of the workforce by age 30, according to Anita Belani, Country Head for Watson Wyatt India in Mumbai. That’s a potentially significant problem since women make up about 20 percent of the workforce in urban areas, and far more in certain fields.

Most important, finding workers with the right skills is a problem. Even hot industries that can attract college graduates from the top-tier business schools are being forced by market conditions to inflate salaries and lower job expectations.

“People who normally would be viewed as entry-level workers and paid accordingly are commanding much higher salaries and responsibilities,” says Philip Felando, senior director of human resources at Skyworks Solutions Inc. in Irvine, Calif. Felando, who is responsible for 4,000 employees worldwide, including 300 engineers at a design center in Hyderabad, India, says: “You’re a hot commodity regardless of your ability to perform.”

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