Vineet Nayar, the highly respected CEO of HCL Technologies, one of India’s hottest IT services vendors, was speaking this morning in New York City to an audience of about 50 customers and partners when he related a recent experience with an education official in a large U.S. state.
The official wanted to know why HCL, a $2.5 billion (revenue) company with more than 3,000 people across 21 offices in 15 states, wasn’t hiring more people in his state. Vineet’s short answer: because most American college grads are “unemployable.”
Many American grads looking to enter the tech field are preoccupied with getting rich, Vineet said. They’re far less inclined than students from developing countries like India, China, Brazil, South Africa, and Ireland to spend their time learning the “boring” details of tech process, methodology, and tools–ITIL, Six Sigma, and the like.