Young talents should refrain from building a career in one particular sector. They should pursue a career based on understanding market trends, passion and development opportunities to be successful in their working life, say career experts.
“In our county, there is a strong tendency that a large group of graduates prefers a particular sector,” says M Zulfiquar Hussain, chief executive officer of Grow n Excel, a leading human resources and management consultation organisation in Bangladesh. “A few years back, many graduates opted for a career in telecoms and today, same thing is happening for the financial sector.”
A good graduate can build a career in any sector, given that he/she performs well and the organisation creates an enabling environment by nurturing, developing and retaining talent with appropriate people management practices, says Hussain.
Dr MA Mannan, professor of management studies at Dhaka University, says, “Many fresh graduates in our country make career decisions influenced by peer groups. But they should pursue a career by reviewing industry growth potential.”
So, the career experts ask young talents to make career decisions by understanding the trends, not following others blindly.
They say fresh graduates can explore opportunities in large local corporates in sectors like ready-made garments (RMG) and textile, information technology (IT), telecommunications, pharmaceuticals, hospitality and other service industries.
Today, local corporates have grown substantially and many organisations are going through transformations where growth perspective is enormous. In order to move forward, graduates in Bangladesh can contribute a lot more in these identified sectors, says Hussain.
Apart from the banking sector, there are many areas where they can explore their career. If one looks at economic indicators, the service sectors have done well in the recent past and trends are expected to be positive, he adds.
“The prospect of having a career in the RMG sector is also quite good as this industry is at a booming stage due to an increment in living costs in China,” says Saleh U Ahmed, head of HR, administration and compliance of IDS Group, a leading garments manufacturer and exporter in Bangladesh.
Global companies are looking for alternative destinations to source garments. Bangladesh will have preference because of cost competitiveness. Hence, the industry would require a lot of skilled human resources, says Ahmed.
Besides, a capable graduate can pursue a career in the RMG and textile industry because many leading group of companies have recently focused on developing their own talent pool by pursuing structured professional development programmes.
The IDS group provides both on-the-job and off-the-job training for its employees. “We have recently launched the management training programme to develop future leaders in this sector,” says Ahmed
He says they will recruit the next batch of management trainees this year. From now on, they plan to train them at Indian Institute of Management in Kolkata.
Aslam Baig, vice president for HRM and administration of Kohinoor Chemical Co (BD) Ltd, says the prospect of having a career in the fast moving consumer goods (FMCG) sector is good because it has steady growth over the last three decades. For example, Kohinoor, a leading local company in FMCG goods, has steady growth since in 1956, he claims.
The youth of today is smart enough regarding career choices. But they should consider job security, reasonable compensation, and a good working environment to choose a career, says Baig
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