More than 100 students from IIT have been affected because of last minute revoking of job offers by start-ups in India; students are left alone on the road to corporate success. These students had visualized their careers in these booming start-ups but now they have been pushed into a no man’s land.
Two parties, which are playing a vital role in charting India’s positive growth rate, are at loggerheads! On one side we have India’s most prestigious education institutions – the IITs. And on the other side, we have the start-ups that are providing employment to the youth in the country and are driving India’s growth rate. To point fingers at either one party would not be fair. But when we study this case as a leadership consultant, we can draw out several powerful leadership lessons.
IITs have rolled out just the first list of banned companies! We don’t know what’s coming next. For the students the message is loud and clear – “be change ready” and for the companies who failed to live up to the commitments – “communicate and build trust.” What do you think? Share your thoughts!