War for Talent Greets Graduates with IT Skills
by Marvin V. Greene
One of the first things a student of economics will learn is the
principle of supply and demand. Information technology students also should
understand supply and demand. Have too much supply and it becomes a buyer’s
market. Have too much demand and competition for something increases. Guess
which one, supply or demand, applies to information technology careers and jobs
today? Indeed, it’s demand. “I
don't think there's ever been a more competitive job market, a more robust job
market in this industry than there is right now,” says John W. Thompson,
president, CEO and chairman of the board at Symantec Corp. in Cuppertino,
California, which supplies Internet security solutions such as software that
combat computer viruses.
"If you are a student honing and nurturing technical skills in
college today, you are in big demand," adds Kristin Copeland, director of
online services for Management Recruiters International Inc., a Cleveland-based
worldwide search and recruitment company. "You not only command the
attention of recruiters and hiring managers, but also the chief executives of
companies. You will be courted, not only by information technology companies,
but also across other sectors of the economy."
Copeland adds, “Everybody is looking for IT professionals. They’re
tough to find. And they’re expensive because there is such a need. We are in
an information economy so everything is based on technology. Everyone needs to
have a computer. Everybody needs to have a high- speed connection. Everybody
needs to have a Web site. All of it is starting to merge and it’s happening in
the IT area.”
According to a report released in May 2000 by the American Electronics
Association and Nasdaq Stock Market, more than five million people worked in
information technology jobs at the end of 1999. While California, Texas,
Virginia, Colorado and Georgia led the way in the creation of high-tech jobs
between 1997 and 1998, all 50 states, Washington, D.C., and Puerto Rico added
tech jobs during that period. And the jobs don’t offer a pittance as pay. The
annual average wage for high-tech workers was $58,000 in 1998 for an annual
payroll of $279 billion compared with the average private sector wage of
$32,000, according to the AEA/Nasdaq survey.
A 1999 IT hiring report from Management Recruiters International showed
that nearly 72 percent of those responding to a survey planned to increase their
IT workforces into 2000. What are the hot jobs? Skills in electronic commerce,
computer networking and Internet/Web will all command recruiters’ attention,
Copeland says. As one of a handful of African-American executives running
technology companies, Thompson calls the search for IT professionals a “talent
war.” The need for employees is
so great that even as CEO of a company with more than 2,500 workers spread out
across 24 nations globally, Thompson must take an active role in getting jobs
filled. “This business can't operate without talent and if the CEO isn't aware
of what talent we're looking for, and what we're doing to constantly monitor our
competitive posture, vis-a-vis other companies, who are also seeking that same
talent, then you're not doing a total job,” says Thompson, who worked at IBM
for 28 years before joining Symantec as CEO in April 1999.
A look at Symantec’s Web site in June 2000 showed more than 300
unfilled positions, ranging from communications specialists, and global notes
managers in the information systems division, to associate product support
analysts in the services division. Rosters of unfilled jobs are more the norm
than the exception in information technology. Symantec, in its effort to grab
its share of IT workers, lists numerous benefits as enticements. They include
the usual 401(k) savings plans and medical plans, but also stock options, an
employee stock purchase plan and quarterly bonuses. There is also flexible
scheduling, a generous personal time-off plan, attractive computer and software
purchases, and employee assistance including legal and financial consultation.
“The war for talent has us competing with literally thousands of firms,
large and small. So what we have to do is identify our place of work as a place
that's exciting, where the work that we do is challenging and where the rewards
can be significant. People not only get a chance to participate in the quarterly
bonus plan, but more important I think than that is they get a chance to
participate in the equity growth of our company,” says Thompson, who has his
undergraduate degree in business administration from Florida A&M University
and master’s in management science from MIT’s Sloan School of Management.
For newly minted graduates and others with tech skills, the meaning of an IT
career is wholly different than when Thompson joined IBM. The focus of the
career in the 1970s and 1980s was to join a large company like IBM. Today, the
options are much more diverse.
In addition to the large firms that need tech workers, all industries,
whether banking, insurance, energy, aerospace or government, need them too. And
about every organization on the scene today will be practicing e-business or
have a Web site to interact with customers, suppliers and employees, which
require people with technical skills. In addition, the new Internet economy has
created an onslaught of what are called dot-coms, new companies whose businesses
were spawned from the Web. “Today's information technology industry is one,
global, two, made up of literally tens, if not hundreds of thousands of firms,
and, three, being propelled by an even faster rate by the explosive growth of
the Internet,” according to Thompson. What the Internet has done, Thompson
says, is to open up the information technology arena to people with clever
business ideas to use technology. “This represents an enormous opportunity for
people who want to be a part of what has become, I think, the growth engine for
the U.S. economy,” Thompson says. “To enter the industry now, you don't have
to necessarily be an electrical engineering graduate or a graduate with math and
science backgrounds.”
While IT jobs keep growing, African-American graduates can’t rest on
their laurels. They still must be vigilant in seeking out opportunities. The
Computing Research Association in a May 30, 2000 study said the IT industry,
particularly in senior management, still lacks sufficient diversity amid strides
made by minorities and women. The Information Technology Association of America
notes that only five percent of computer programmers are African American.
However, statistics like that shouldn’t deter African Americans from entering
the industry, says Ken Denman, an African American, who is founding president
and CEO of AuraServ Communications,
a telecommunications provider based in Englewood, Colorado. Denman, who founded
AuraServ after spending more than 15 years at U. S. West Communications in
Denver, and then MediaOne Group, where he was senior vice president over
broadband services, says “red hot” demand for IT jobs means the industry
will have little choice but to embrace qualified minority workers.
“The great equalizer, if there is such a thing in the world, is market
forces,” Denman said. “Market forces are red hot right now in this area, and
when there is that kind of demand, that's one of the things that begins to level
the playing field quickest.”
A key requirement for African Americans in IT is to be responsible for
managing their own careers. For instance, in his case, Denman said he felt the
time was right to make a career move to be a CEO when AT&T Corp. acquired
MediaOne Group. Through early May 2000, Denman had rounded up more than $15
million in venture capital funding to carry out AuraServ’s ambitious business
plan of providing telecommunications services to small and medium-sized
businesses in 15 markets by the end of this year. In managing your IT career,
Denman says, be proactive and be aggressive. “The key word is ‘managing,’
” according to Denman. “Be accountable for your own career. One of my pet
peeves is either {a situation where} organizations or individuals tend to spend
a lot of time asking for things and asking for help. I don't think that anything
worth having is ever given to you. It is really incumbent on all of us to be
very proactive in managing our careers. Be aggressive, even if people think you
are overreaching.”
Once in the IT workforce, a key to success is to be flexible, says Birdie
M. Sadberry, a senior telecommunications analyst for Union Pacific Resources
Co., an oil and gas company in Fort Worth, Texas. Sadberry, who has a degree in
computer programming from the University of Kentucky, is responsible for project
management and implementing new IT processes for her company, such as
interactive voice response systems and voice and data backbones. Flexibility
means embracing team concepts and being prepared to adjust to work processes as
the technology changes, Sadberry said. “A
successful person in IT is one who would like to work in a team environment.
There's a lot of collaboration in our group. It's not the silo effect that you
may be accustomed to or you think of in most corporations where you learn your
skill and that's all you learn,” Sadberry says. Graduates entering IT will
need to be mobile and quick studies, she adds. “If you think you are going to
learn C++ and that's all you're going to have to know, you'll be sadly mistaken
or you will be one that's left in the dust. It's the person who recognizes
change, embraces it and looks at that as an opportunity rather than a challenge,
who will be successful,” Sadberry says.
African-American students and graduates seeking opportunities in IT
professions will get help. IBM, for instance, which had 307,401 employees
worldwide at the end of 1999, recruits widely on college campuses and runs a
program called Project View geared specifically at minorities. Each year IBM
invites more than 1,000 minority job candidates to meet with IBM hiring managers
in various cities around the country to discuss a wide range of opportunities
ranging from electrical engineering to computer science and management
information systems.
“We try not to spare any expense,” says Bill Lawrence, IBM senior
diversity staffing program manager in Raleigh, N.C. “We’re looking to bring
in the brightest and the best. The thing that we feel is that in a company like
IBM you can have a career that stretches through areas such as technology,
sales, marketing, technical management and business management without leaving
the company.” For consideration, students can go to the IBM Web site and do a
search for Project View.
For students entering IT professions, Denman of AuraServ urges them to be
what he calls “students of the game.” He
means, "{students} need to be knowledgeable about the major trends in
technology and computing and telecommunications. They need to be conversant with
major trends, major initiatives and what's in the pipeline. They ought to take
advantage of every opportunity to read and to stay in touch. The field is really
the future of the next wave of productivity for this country and the world,”
Denman says.
Marvin
V. Greene is a contributing writer in Baltimore, MD, who specializes in the
high-tech and business industries.
|