Some of my concerns have materialized into real issues... sooner than I thought. The attrition storm has hit the elearning providers in India yet again. Biggies moving out to other organizations for "better career prospects" has left every elearning professional in doubt about their future with the company. Here are some of the most recent ones:
1. Sify - DGM (Delivery), Senior PM (Tech), Director (Business Development)
2. Gecis/Genpact - Operations Leader, Business Leader, both Product Leaders (one moved to a different role, one moved out of the organization)
3. Aptara/Teckbooks - Operations Leader
With service providers claiming as much as 300% growth in revenues, why is the top brass looking at other "better" career opportunities?
Showing posts with label elearning. Show all posts
Showing posts with label elearning. Show all posts
Sunday, July 15, 2007
Monday, May 7, 2007
Is elearning Really Growing in India?
Try searching for a job with the keyword "elearning" on http://www.naukri.com/ or http://www.monsterindia.com/ and chances are that you will get pages full of new postings. It definitely seems to be expanding! And who is hiring? The biggest IT names in India... Wipro, Infosys, Cognizant, Satyam; the world biggies such as IBM, Dell, Hewitt, Accenture; and of course the hardcore elearning players such as Sify, NIIT, GE Capital (now Genpact), Lionbridge, Hurix ... you name it and they are there!
So, yes, elearning is growing. The question is how much? Is the overall growth of the entire elearning industry really transforming into new business for Indian companies?
With more and more companies venturing into elearning, new opportunities are created everyday, so the endless job openings seem logical. However, meeting the ever-growing resource demands has forced HR managers to stop recruiting for talent and rather make stopgap arrangements to solve immediate "fires". A classic example is when you come across elearning Project Managers who have been enticed to manage teams, projects, and customers simultaneously - with less than 5 years of total experience under their belts. The obvious result is a high attrition rate. 70% of the new listings that I talked about earlier are to fill these gaps; only 30% are really new jobs. This is also evident from the fact that most elearning companies could not increase their employee numbers enough so that one may see an appropriate ratio between replacements and new jobs.
I am a strong believer of the saying, "An industry that cannot retain its employees cannot retain itself" and if the trend continues, we will keep losing more and more professionals and victimize this industry so that it has to evolve itself all over again!
God Bless the elearning Fraternity in India - Amen!
So, yes, elearning is growing. The question is how much? Is the overall growth of the entire elearning industry really transforming into new business for Indian companies?
With more and more companies venturing into elearning, new opportunities are created everyday, so the endless job openings seem logical. However, meeting the ever-growing resource demands has forced HR managers to stop recruiting for talent and rather make stopgap arrangements to solve immediate "fires". A classic example is when you come across elearning Project Managers who have been enticed to manage teams, projects, and customers simultaneously - with less than 5 years of total experience under their belts. The obvious result is a high attrition rate. 70% of the new listings that I talked about earlier are to fill these gaps; only 30% are really new jobs. This is also evident from the fact that most elearning companies could not increase their employee numbers enough so that one may see an appropriate ratio between replacements and new jobs.
I am a strong believer of the saying, "An industry that cannot retain its employees cannot retain itself" and if the trend continues, we will keep losing more and more professionals and victimize this industry so that it has to evolve itself all over again!
God Bless the elearning Fraternity in India - Amen!
Monday, April 30, 2007
Sify eLearning on the Winning Spree...
Sify continued its thrust in expanding its international business, led by two lines of service; Remote Infrastructure Management and Corporate eLearning Services. Both lines of business are seeing excellent customer traction and several important wins in the last quarter:
Sify has been selected as the preferred eLearning services partner by one of the world's largest pharmaceutical companies, for whom Sify is already providing eLearning content development as well as remote infrastructure support for their learning technology platforms. Sify expects this engagement to scale to $3-4 Million per year in the next 12-18 months
Sify has been awarded substantial repeat orders from a global leader in computer software, to provide eLearning courseware for several of their current and forthcoming products. This relationship is expected to yield $3-4 Million in revenues in 2007-08
Sify has been chosen as the learning services provider by a global leader in aero energy to provide a range of learning services including learning strategy design and content development. Sify has already completed the design phase and will now be developing a range of eLearning courses over the next 2 years, valued at over $3.0 Million.
As part of its international expansion, Sify has opened new sales offices in London and Dubai. This is in addition to its two existing offices in California and New Jersey, USA.
*Source: http://www.sifycorp.com/scripts/press/content.asp?PressId=242
Sify has been selected as the preferred eLearning services partner by one of the world's largest pharmaceutical companies, for whom Sify is already providing eLearning content development as well as remote infrastructure support for their learning technology platforms. Sify expects this engagement to scale to $3-4 Million per year in the next 12-18 months
Sify has been awarded substantial repeat orders from a global leader in computer software, to provide eLearning courseware for several of their current and forthcoming products. This relationship is expected to yield $3-4 Million in revenues in 2007-08
Sify has been chosen as the learning services provider by a global leader in aero energy to provide a range of learning services including learning strategy design and content development. Sify has already completed the design phase and will now be developing a range of eLearning courses over the next 2 years, valued at over $3.0 Million.
As part of its international expansion, Sify has opened new sales offices in London and Dubai. This is in addition to its two existing offices in California and New Jersey, USA.
*Source: http://www.sifycorp.com/scripts/press/content.asp?PressId=242
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