Transcript Slide 1
IIBA Houston 7 Trends That Could Impact Your Business Analyst Career 2010 James Del Monte CERS, CPC JDA Professional Services, Inc. Value of a Professional Organization •Friendship •Leadership •Industry/Business knowledge •Networking Opportunities Famous Quote “ . . . Almost 100% of a manager’s success comes from hiring and retaining good people. Good people don’t make the difference - they are the difference“ » - James Del Monte, CPC, CERS Return the Favor What JDA Does. . . JDA Professional Services, Inc. is a Houston-based IT staffing firm specializing in the recruitment of strategic-technical to executive-level professionals. We provide staffing solutions through full-time, contract, and project-based placements. Since 1981, we have been helping companies build great IT departments while helping IT professionals find the right career opportunities. Full-Time Staffing Contract / Temporary Staffing JDA Special Projects Staffing 7 Trends That Could Impact Your Business Analyst • Current hiring trends • What’s hot what’s not • Evolving B/I - P/M roles • Views of B/I’s - P/M’s from executives • Value of education and certification • Building effective teams Networking for success • Are you done yet?? Law of Supply and Demand Demand 1984 Supply 1995 1989 Demand Bottomed 4Q99 4Q07 Demand Peaked Demand Peaked 2Q01 12.21. 2012 4Q04 3Q03 Demand Bottomed 7.09 The demand for skilled professionals peaked 4Q07 and bottomed out 3Q 09. The current cycle indicates that we are in recovery. In Houston good people are still hard to find. Labor Surplus vs. Skill Shortage How Does This Compare How Does This Compare How Bad Is It? Pearls of Wisdom “We are all temporary – only some of you don’t know it.” --Larry Carreker Stats for 2006 VS 2010 2006 - National unemployment rate is at a 6 year low of 4.6% - 1999 4.2% 2010 National unemployment rate is at a 30 year high of 10%, it’s highest since 1982 10.8% 2006 Houston’s unemployment rate averaged 5.1% for 2006, our lowest since 2001 when it was just 4.7% 2010 Houston’s unemployment rate peaked at 8.4% in 2009, the highest since 1986 at 10.2% when Houston lost 20% of its job base 2007 19% of new job growth in the USA was in Houston 2008-2009 Houston lost 90,000+ jobs Top Grading Skills Upgrade A Players B Players C Players 25% 50% 25% Down Turn External vs. Internal Don’t beat yourself up. Inspiration “It’s not what happens to you, it’s what you do about it.” – W. Mitchell Market Shift 2008 - 2011 2004 - 2007 Candidate Candidate Candidate Position Position Candidate Position Position The job market has shifted from a Job Seeker’s Market to an Employers Market - to a Combination Market. – Good People are hard to find. National Economy Rebound 60.00% 50.00% 40.00% 30.00% 20.00% 10.00% 0.00% 1 Year 2 Years 3 Years 4+ Years Houston Economy Rebound 45.00% 40.00% 35.00% 30.00% 25.00% 20.00% 15.00% 10.00% 5.00% 0.00% 1 Year 2 Years 3 Years 4+ Years 2006 / 2010 Survey Results QUESTIONS INCREASE DECREASE STAY THE SAME Company Growth in 2007 / 2010 77 /49 3 / 12 20 / 40 Dept. Budget in 2007 / 2010 74 / 25 9 / 25 17 / 50 Staffing Level in 2007 / 2010 44 / 37 0 / 22 56 / 41 Base Salaries in 2007 / 2010 89 / 68 11 / 32 0/0 Recovery Options?? Houston SWOT S – Strengths W – Weaknesses O – Opportunities T – Threats Barriers to Growth • There are roughly 23 million firms in the US • 4% have revenue over 1M • Of those 4%, 1 in 10 (.4% of all companies) have more than 10M in revenue • 17,000 surpass 50M • 2,500 firms in US are larger than 500M • 500 firms worldwide are larger than 11B 29 Fortune 500 in Houston Company and Rank • 4 ConocoPhillips • 23 Marathon Oil • 62 Sysco • 65 Enterprise GP Holdings • 79 Plains All American Pipeline • 41 Halliburton • 162 Andarko Petroleum • 167 Continental Airlines • 200 National Oilwell Varco • 201 Waste Management • 214 Reliant Energy • 217 Apache • 223 Knight * • 227 Baker Hughes • • • • • • • • • • • • • • • 234 KBR 238 CenterPoint Energy 250 Smith International 268 Enbridge Energy Partners 272 Calpine 323 Targa Resources 350 EOG Resources 383 Frontier Oil 421 Cameron International 428 Group 1 Automotive 438 BJ Services 443 El Paso 459 Spectra Energy 460 FMC Technologies 472 CVR Energy * 80% of Job Growth • Will come from companies with less than 100 employees • In Houston there are 87,000 companies and less than 4,000 of them have over 100 employees • These companies need the same services as large companies - just not all the time Big VS Small • Traditional business don’t create jobs or invent products they buy them • Risk Aversive – more committee decisions made to limit career risk • Job Growth vs Job Creation When Hiring a Business Analyst or Project Manager 60.0% 50.0% 40.0% 30.0% 20.0% 10.0% 0.0% Certification Very Important Somwhat Important Not a Factor Do your require your project managers to be PMP-certified? 50.0% 40.0% 30.0% 20.0% 10.0% 0.0% Required Preferred Not Required Experience vs Degree vs Certifications 100.0% 80.0% 60.0% 40.0% 20.0% 0.0% Experience Degree CERTS Are You Hiring Business Analyst or Project Managers in 2010 50.00% 45.00% 40.00% 35.00% 30.00% 25.00% 20.00% 15.00% 10.00% 5.00% 0.00% Yes No Unknown How Work Gets Done Off-shoring Out-sourcing Project Team Multi Cultural & Generation 4 Generations • • • • > 46 Depression WWII 47 - 64 Baby Boomers 65 - 85 Generation X 86 - 05 Generation Y or millennial Employed Workers Looking 11% 27% 62% • Active – 11% • Passive – 62% • Not at all – 27% The Money Question $$ The market sets the price $$ Increase in 2010 25% - 2% or less 66% - 3 – 4 % 10% - 5%+ The Bonus Question 66% as part of compensation package 40% - 10% or less 54% - 10-20% 6% - 20%+ Pearls of Wisdom 1. 2. 3. 4. Keep your job Don’t complain about compensation Home capital preservation Think outside box about career --Doug Leyendecker 7 Trends That Could Impact Your Business Analyst Career Current hiring trends What’s hot what’s not Evolving B/A - P/M roles Views of B/A’s - P/M’s from executives Value of education and certification Building effective teams Networking for success Are you done yet?? USA TEXAS HOUSTON JDA Resources • • • • • • • • Salary Survey Hiring Trends Cost of Turn Over Counter offers Hi-Tech Calendar Hot Jobs Interviewing Tips Employee retention Questions ? ? ? 701 North Post Oak Road Suite 610 Houston, Texas 77024-3818 Phone: 713/548-5400 www.jdapsi.com Contract and Full-time Staffing Information Technology Staffing Specialists Consulting and Special Projects