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DIGITAL ENTERPRISE TRANSFORMATION, INDIA PARADIGM: DIGITAL TALENT HIRING
DIGITAL ENTERPRISE TRANSFORMATION, INDIA PARADIGM: DIGITAL TALENT HIRING

March 30, 2023

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"The competition to hire the best will increase in the years ahead. Companies that give extra flexibility to their employees will have the edge in this area."

- Bill Gates, Founder of Microsoft Corporation

This is the seventh of the multi-part blog series titled ‘DIGITAL ENTERPRISE TRANSFORMATION, INDIA PARADIGM’ and encapsulates the theme of Digital Talent in India from the perspective of hiring strategy. For the purpose of the Digital Enterprise Survey and the ensuing report, digital talent refers to skills, skill sets, roles, and profiles required for executing digital transformation projects, including mainstream and emerging technology skills, as well as skills in design thinking and emerging tech development methods (DevOps, DevSecOps, Low Code-No Code).

This blog is in line with my former blog (DIGITAL ENTERPRISE TRANSFORMATION, INDIA PARADIGM: DIGITAL TALENT POOL AND DISTRIBUTION OF TALENT) which set the context for my present and forthcoming blogs, concentrating on delineating the key findings on digital enterprise transformation from the perspective of Indian end-user enterprises, and derived from the NASSCOM-Avasant “Digital Enterprise Survey” conducted in May’2022. Based on the results of the survey, NASSCOM and Avasant formulated the “The Digital Enterprise Maturity Index,” which is a key ingredient of the “DIGITAL ENTERPRISE MATURITY 3.0: Boosting Business Resilience through Technology” Report published in July 2022.

KEY INSIGHTS ON DIGITAL TALENT HIRING STRATEGY: 

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  • While Indian companies continue to adopt a fresher hiring strategy to fulfil their digital talent requirements in FY023P, global enterprises may resort to reskilling/ upskilling their existing traditional technology/domain workforce on digital skills.

The above trends are similar to FY2022 talent sourcing patterns for both Indian as well as global enterprises. In fact, in FY2022, even tech enterprises, hired freshers in large numbers to bridge the widening talent demand-supply gap, 1 in 3 is of which were digitally skilled. Further, in FY023P, global enterprises are expected to slightly pick up pace, with respect to hiring entry-level college graduates i.e., campus hiring (over FY2022). Indian enterprises, on the other hand, seem to be developing a marginally higher inclination (as compared to FY2022) towards acquihiring digital talent from start-ups (hiring of talent through the acquisition of start-ups).

Thus, going forward, Indian enterprises are looking to adopt a more balanced talent sourcing strategy by infusing fresh talent and building technology and domain expertise, across seasoned hires, acquihires, and internal training of existing workforce.

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In my upcoming blogs, we will discuss key trends focusing on hybrid work models, and different dimensions of digital maturity with respect to Indian end-user enterprises. 

For more information on Digital Transformation and Digital Enterprise Maturity, please refer to the report downloadable at the following links: 

NASSCOM Website: 

https://nasscom.in/knowledge-center/publications/digital-enterprise-maturity-30-boosting-business-resilience-through

NASSCOM Community:  https://community.nasscom.in/communities/digital-transformation/digital-enterprise-maturity-30-boosting-business-resilience 

Previous versions of the report can be downloaded from the following links: 

A NEW ORDER OUT OF CHAOS-BUILDING A FUTURE READY ORGANISATION - https://community.nasscom.in/communities/digital-transformation/new-order-out-chaos-building-future-ready-organisation

REIMAGINING INDIAN ENTERPRISES' TECH LANDSCAPE IN A DIGITAL-FIRST WORLD – A NEW ORDER OUT OF CHAOS- https://community.nasscom.in/communities/digital-transformation/reimagining-indian-enterprises-tech-landscape-digital-first 

DEFINING THE DIGITAL ENTERPRISE - MAR 2020 -https://community.nasscom.in/communities/digital-transformation/defining-the-digital-enterprise-mar-2020.html 

 Sources:

  1. DIGITAL ENTERPRISE MATURITY 3.0 - Boosting Business Resilience Through Technology
  2. NASSCOM Strategic Review 2022

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Prerna Buckshee
Manager - Research

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