E-commerce players see manpower crunchASPAC, Executive Search, Expert Opinion, Interview Wednesday, January 18th, 2012
For Niren Shah, 2012 is like the year 2002. A decade down the line nothing much has changed when it comes to recruiting qualified professionals for his firms. The only difference now is that he is helping his invested firms in hiring the right talent, whereas back then he was part of one of India’s earliest e-commerce successes, Baazee.com.
Shah, Managing Director, Norwest Venture Partners India and the ex-CFO of erswhile Baazee.com reminiscences that while hiring talent for Bazee the bar was kept very high for candidates. “E-Commerce as an industry was very nascent, hence the required talent pool was not there at all. To attract the right talent, every individual hired, irrespective of their positions, were given ESOPs.
But most of the key employees that Baazee hired then, are now successful and occupy senior position in the venture capital and ecommerce industry. I see ecommerce firms facing the same teething issues when hiring the right candidate,” he added.