Global cos to hire most from India: Shivakumar

Written By Unknown on Selasa, 16 Desember 2014 | 21.04

Shivakumar also pointed out that global companies were increasingly shifting headquarters from the place of origin to the growing markets and the organisations were prioritising creative jobs and outsourcing the repetitive work.

Global companies will hire the most from India in the coming years but it will be the most difficult place to recruit after Japan, Pepsico India chief D Shivakumar said today.

"India will hire the most in the world, and will be the second most difficult market to hire from, after Japan," said PepsiCo India Chairman & CEO D Shivakumar. Moreover, in the coming years, the recruiters would judge the potential of the candidates through curiosity, insight, engagement and their determination.

Shivakumar also pointed out that global companies were increasingly shifting headquarters from the place of origin to the growing markets and the organisations were prioritising creative jobs and outsourcing the repetitive work.

"More Global headquarters will be in BRIC and Emerging Nations" he said at AIMA National Human Resource Management (HRM) Summit.

Shivakumar further added that the country would have a global and knowledge economy in the coming years. Citing from the Egon Zehnder report, Shivakumar said the share of creative class and service class would increase in the workforce in the coming years while ratio of working class would decline.

He also added that Indian HR was not prepared for the shifts in the nature of the economy, the ways of working and the changing direction of globalisation. "India will hire the most in the world in the next decade but it will be challenged on talent," he added.

Hero MotoCorp  Joint Managing Director Sunil K Munjal said that people fear losing their positions to those they groom and that mindset needs to be addressed by providing clarity of roles.

"The leadership traits have to be identified at the time of recruitment and the focus has to be on the ability to deal with the unforeseen situations," he said. Naina Lal Kidwai, Chairman India and Executive Director, HSBC Asia Pacific, said that companies need to prevent entitlement mentality among the identified stars.

Hero Motocorp stock price

On December 10, 2014, Hero Motocorp closed at Rs 3134.00, down Rs 12.2, or 0.39 percent. The 52-week high of the share was Rs 3271.80 and the 52-week low was Rs 1907.00.


The company's trailing 12-month (TTM) EPS was at Rs 120.45 per share as per the quarter ended September 2014. The stock's price-to-earnings (P/E) ratio was 26.02. The latest book value of the company is Rs 280.43 per share. At current value, the price-to-book value of the company is 11.18.


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