| Topic : Survive credit crisis |
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Project Management ++ |
Wipro Technologies |
Infosys Technologies |
55 more ...
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Activity:
103 views;
last activity : 07 06 2010 20:18:09 +0000
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Green Collars in the Green
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Opportunities in Finance
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Online Media Advertising
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Public Sector companies with surplus manufacturing capacity
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Engineering Entrepreneurs
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Organized Retail Chains
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Health Care Products...!!!
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Pharma, Entertainment. FMCG and food chains, mining, petro chemicals & fertilizers
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As everyone might have felt, record-setting oil prices have put a strain on
consumers like us and hampered manufacturing and production, but the sudden
price hike has also created a national awareness of the benefits of renewable
and alternative energy sources. As a result, just about anyone who has a
background in alternative energy is in high demand.
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Renewable energy sectors are in a state to be commercially exploited. I have
seen people having expertise in such industries are sought out for in an
increasing fashion. Nuclear is coming big time into
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Financial experts are always in high demand, whatever shape the economy is
in. I have seen steady demand for accountants, tax people, CFOs and those types
of positions as companies try to improve their financial health. Accountants
are often called upon more during bad times.
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I agree that finance is one sector which will not be that impacted by recession. Accounting firms are being called upon to help re-define risk management structures, achieve better cash management, sell assets, optimize costs, restructure debt, and improve the depth and transparency of financial reporting.
Accounting and finance executives must also prepare for changing tax
laws and the coming wave of anticipated regulation, including the push
for International Financial Reporting Standards (IFRS).. Executive search firm,
A. E. Feldman, reports that firms are showing strong interest in
professionals who can help their companies reduce inefficiencies and
enhance profitability. Those who are familiar with IFRS also are
marketable. The positions most in demand include staff and senior
accountants and credit and collections specialists. Current
opportunities include, tax manager jobs, audit jobs & international tax jobs.
The idea is correct.Because irrespective of the quantum of production or sales the duty of an accountant is to finalise the accounts,preparing better Mis reports like monitoring the due date analysis of vendors & creditors Etc.This will help in building the funds requirement, Which will increase the viability and profitability of the organisation in times of recession.
As the tax code gets more complicated, and more companies strive for transparency, good accountants have become invaluable. And financial planners are in high demand since the market has fallen and many people have sought to adjust their retirement plans. There’s also been a rise in demand for audit-type and assurance services from CPAs because banks are demanding more evidence of clients’ financial health.
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A slowing economy typically means a decline in advertising spending, and many
companies will likely trim their budgets throughout the end of this year. But
regardless of how much money is cut from the advertisers’ coffers, spending for
online ads is expected to increase across the board. Advertising sales
professionals and small online advertising firms are poised to benefit from the
transfer of spending from traditional media to digital media.
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I would guess that there’s less total advertising dollars being spent right now, but so much of that money is shifting from traditional advertising to online media that we’re seeing a lot of growth. Indeed, the International Advertising Bureau announced in June that advertising revenues were up 18.2% year over year, and the first quarter of 2008 brought in $5.8 billion in revenue, which was the industry’s second highest quarter reported
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Look for a young Union Minister - there will be many in next ministry. Public sector units that come under their ministries will see growth. There will be management overhaul in these companies with emphasis on performance. The current share price will be ridiculously low. |
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Professional engineering is another sector in high demand. Despite
diminished budgets for public works projects and less commercial properties in
the design phase, engineers at small firms still have work to do. There’s
plenty of work for engineers. It’s a great career to jump into because there’s
a significant need regardless of a downturn.
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This is definitely a sector where in I will put my money. Small engineering firms are doing well because they tend to diversify their business more than larger firms. Such firms’ works primarily on infrastructure projects, many of which are unavoidable even during economic downturns because the repairs and expansions are so desperately needed. When it comes to roads, bridges, wastewater and utilities—this stuff is deteriorating and we need to find a way to maintain what infrastructure we have so that it doesn’t deteriorate to the point that it becomes too costly to repair.
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We heard from media, world's largest US retail chain such as Walmart still sustaining in this gloomy recession which has worst affected the US economy. But country like ours which has got one of the largest domestic market in the world where we still lack a reasonable organized retail outlets. My focus on either themed outlets of retailing or retail with focus on almost more than 90% domestically produced any goods which will be sold in supermarkets. Even in any recession retail goods are always needed. I do not think that india will fall into recession thinking into its sheer size of domestic market |
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Health Care Products domain have tough Competition within, but has a +VE Growth on long run...!!! |
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Pharma, Entertainment. FMCG and food chains, mining, petro chemicals & fertilizers are the sectors which can survive recession. |
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- Create a confidential Career Profile and Resume/C.V. online
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