Monday, June 04, 2007

Musings on the globalization of talent

Submitted by Vinit Nijhawan--Entrepreneur & Venture Capitalist

It is astonishing how fast salaries for the top of the pyramid are becoming equal around the world. A software manager in Bangalore makes about the same in dollars as one in Boston. Venture capital and private equity firms in India and the US are offering unheard of salaries to McKinsey and Goldman associates. MBA graduates of the Indian School of Business in Hyderabad are commanding starting salaries that are similar to Harvard Business School graduates. Experienced technology startup CEOs are in short supply everywhere.

Entrepreneurs and startup CXOs have global opportunities formerly available only at multi-national companies. Having dual residency in Boston and Bangalore is the stamp of a globally arrived executive!

TieCon East in Boston will be the gathering place for these global startup executives in mid-June. This is an opportunity for New England entrepreneurs, financiers and corporate executives to connect into this global talent pool.

Tom Ashbrook, the host of the popular NPR radio show On Point will be moderating the banquet keynote panel with Ram Shriram, Google Founding board member. Tom himself has a global background: raised on an Illinois farm, attended Yale University and worked as a surveyor and dynamiter in Alaska's oil fields before becoming a foreign correspondent. He spent ten years in Asia, jumping between India, Hong Kong, and Tokyo. At The Boston Globe, he served as deputy managing editor until 1996, during which time he directed coverage of the end of the Cold War and the Gulf War.

Perhaps Ram will give us a peek at the upcoming Google mobile phone (see my blog entry on the Google phone: http://entremeister.typepad.com/vinit_nijhawan/ ). Or perhaps Tom can tease out from Ram how Google will topple Microsoft's reign with Office. Google is rapidly expanding around the globe to tap talent, with its Boston presence growing in leaps.

Looking forward to meeting you at the Global talent bazaar also known as TieCON East!

Vinit Nijhawan
www.nijhawan.com

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