The Hindu : Business : Online career assessment gains new importance

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Friday, Oct 03, 2008
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Business

Online career assessment gains new importance

Shanthi Kannan

CHENNAI: A shattered U.S. banking system has made available surplus workforce at executive levels in job markets including India. The subsidiaries of the fallen financial giants are likely to go through major changes across the globe. Is there an opportunity hidden there for head-hunters. These organisations have some good talent in specialised fields, which may be available for poaching with right offers from right organisations. For example, the Indian arm of Lehman Brothers has over hundred managers at senior level and most of them are on the job market already, according to sources associated with leading HR consultancy companies.

For the first time in many years, the demand-supply equation has got reversed. With more talent available in the domestic market, the selection of right people for an organisation has become much more difficult. There are online/offline career assessment procedures available to identify the right candidates. These are widely used in the western countries, according to R. Kannan, Managing Director and Chief Executive Officer, Assess People Pvt Ltd.

In a chat with this correspondent, Mr. Kannan said online career assessment procedure would soon take shape in India in a big way.

The company plans to launch future solutions, which will include products such as career smart and careerwise.

The company is also developing and validating soft skill assessment procedures for many industries.

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