Hiring & People One statement on hiring appeared to be repeated quite often at the NASSCOM EmergeOut Conclave: "Hire for attitude, hire for passion, not for skills," said Partha Parthasarathy, Chariman and CEO of NuStreet. "We hired a bunch of people from big companies, and we gave them salaries, their visiting cards aid 'Founders' and we gave them stock options. So hire key people and make them owners. Navyug Mohnot - CEO and Founder of QAI: People are not your most important resource - it's the right people. In the last 1.5 years, the total number of customer calls that I have made are 3. Most of my time now is in building leaders. We look for people who understand that you wake up in the morning, and know that you either do lunch or be lunch. Over the years, we haven't taken a potential customer out to lunch. Manage competencies, not careers. Anand Deshpande, CMD of Persistent Systems: Hire peers, else you'll be restricted. You can't manage everything yourself, so it's important to hire peers. Investment Parthasarathy: It's more important to raise smart money. There are financial investors - people who can put money in, but they won't add too much value. It's better to get people who give you money, but also assist you alongwith it. Two kind of people with smart money - the VCs and the strategic investors. The VC wants his 10x and exit. The strategic investor may want to buy you out later. But…
