Winning Algorithm
Business Today|December 02, 2018

Online giants, now regulars at B-school campuses, are redefining the yardstick for hunting talent.

E. Kumar Sharma
Winning Algorithm

CALL THEM NEW-AGE companies with established business models or data- and technology-driven platforms that have permeated our daily life via smart phones. Either way, these online giants — the ride hailing giant Uber, the ecommerce behemoth Amazon, the fast-growing hotel aggregator Oyo Rooms or the home-grown ecommerce major Flipkart — are important recruiters on leading business school campuses. The reason: they are finding talent that they can use to put their fast growing companies on an even faster track. For instance, these online and related ventures absorbed nearly 10 per cent of the total batch at IIM Ahmedabad in the last final placements for 2018. This was up from 5- 6 per cent in the previous year.

And what they want from students is as diverse as their business models. “The importance of exposure to data science, analytical skills and problem solving are critical in a company like Uber and have become a baseline requirement for us,” says Vishpala Reddy, Regional HR Director – APAC, Uber. In keeping with this, she says, “Our selection process has kept abreast of our changing needs where aptitude tests are reflective of the skills we look for. All hiring panels on campuses comprise cross-functional leaders to stress the importance of looking beyond functional skills.”

Beyond Functional Skills

That apparently is with good reason, for she believes that the ride-hailing major “is a data-driven technology company” where people “work on cutting-edge technologies to build a service focused on products and solutions that enhance the experience of riders, drivers and courier partners.”

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM BUSINESS TODAYView all
Pension Scheme - Safety Net
Business Today India

Pension Scheme - Safety Net

The move to introduce the UPS has evoked mixed reactions. Analysts believe its funding will have limited impact on the fiscal math

time-read
4 mins  |
September 29, 2024
The Reit Choice?
Business Today India

The Reit Choice?

Real Estate Investment Trusts (Reits) Are Gaining Traction As Interest Rates Stabilise. But Returns Could Be Affected By Adverse Economic Conditions And Market Volatility

time-read
7 mins  |
September 29, 2024
CORPORATE - Calling to Account
Business Today India

CORPORATE - Calling to Account

The sudden exit of Byju's auditor BDO marks the latest in a long series of setbacks for the edtech firm

time-read
1 min  |
September 29, 2024
EMPLOYMENT: Skills Push
Business Today India

EMPLOYMENT: Skills Push

The skill development ministry plans to partner with the UGC to improve the employability of undergraduates

time-read
1 min  |
September 29, 2024
Building on a Vision
Business Today India

Building on a Vision

L&T'S CHAIRMAN EMERITUS A. M. NAIK HAS BUILT A MAMMOTH ENTERPRISE THAT IS BUILDING A NEW INDIA, FROM ITS METRO RAIL SYSTEMS TO THE RAM TEMPLE

time-read
2 mins  |
September 29, 2024
"KYS more important than KYC"
Business Today India

"KYS more important than KYC"

Vijay Kedia is a renowned equity investor; the value of his listed portfolio stands at around ₹1,750 crore

time-read
1 min  |
September 29, 2024
ROXX STAR
Business Today India

ROXX STAR

THE THAR ROXX COMBINES LUXURY WITH PERFORMANCE TO MAKE A STRONG STATEMENT IN THE MID-SIZE SUV SEGMENT

time-read
2 mins  |
September 29, 2024
HIT THE GROUND RUNNING
Business Today India

HIT THE GROUND RUNNING

Smartwatches have become indispensable tools for runners, offering real-time insights into pace, distance, heart rate, and more. Here are a few you can consider

time-read
2 mins  |
September 29, 2024
TURNING THE TABLES
Business Today India

TURNING THE TABLES

INDIA'S FURNITURE MARKET IS POISED FOR A GLOBAL TAKE-OFF. ALREADY, A HOST OF GLOBAL BRANDS HAVE MADE THE COUNTRY THEIR HOME, BUT INDIAN COMPANIES ARE NOT TOO FAR BEHIND

time-read
7 mins  |
September 29, 2024
THE EVOLUTION OF ATHERA
Business Today India

THE EVOLUTION OF ATHERA

IDENTIFYING OPPORTUNITIES IN ADVANCE HAS STOOD THIS BENGALURU-BASED VC FUND IN GOOD STEAD. NOW, WITH A HEIGHTENED FOCUS ON TECHNOLOGY, IT WANTS TO SUSTAIN THE SUCCESS

time-read
7 mins  |
September 29, 2024