Importance of Education
Name – Parampreet Singh
Profession – Management
Designation – Manager, Procurement
Organisation – Philip Morris International
Age – 41
City – Hong Kong
Work Experience (Years) – 18
LinkedIn – http://linkedin.com/in/parampreet-singh-1947ba11
Under-Graduation – B.Tech, Punjab University
Post-Graduation – M.Sc in Business Engineering Management, Warwick University
Please give us a summary of your Career.
After completing my under graduation, I joined Havells India Ltd. as an R&D Engineer. After getting an experience of about 1-1.5 years in this field, I went to Warwick University to study further. I did an M.Sc in B.E.M and then I worked as a Project Manager in Hi-Tech Industrial for about 2 years. Soon, I left that job and started working in VTech as a Senior Mechanical Engineer for 1.5 years in Hong Kong. After that came Char-Broil as an Engineer Project Manager for 3 years. After that, I worked in Cisco for 11 years. Here, I was a Technical Project Manager for 3 years, then I moved up to a Commodity Manager for 5 years. After that, I worked as a Group Manager for about 3.4 years. Working in Cisco was a really nice experience. I got to learn a lot from this job and meet new people, travel to places, which, overall was a really nice experience. However, I had to leave this job after these many years since I was not satisfied anymore. Now, I work in Philip Morris International, Hong Kong as a Manager Procurement. I have been working here for about 6 months and I look forward to what the future holds for me here.
Please describe your current Job Responsibilities as Manager.
I have worked in Philip Morris International, Hong Kong, China, for about half a year now and it has been a very nice experience. I work as Manager Procurement here. As the name suggests, my job is leading the mechanical category procurement function for IQoS Brand Reduced Risk Products at Philip Morris International. I consider myself to be a good leader and I have led many teams in the past and guided them towards a great win. It is just something about looking forward to new challenges and opportunities that drive me.
Average Income in this Profession in the current scenario
Starting out/Fresher – 20-40 Lakhs Per Annum
5 Years of Experience – 80+ Lakhs Per Annum
10 Years of Experience – 80+ Lakhs Per Annum
15 Years of Experience – 80+ Lakhs Per Annum
20 or more Years of Experience – 80+ Lakhs Per Annum
How do you rate the Income Potential in your career?
On an average, how many hours do you work per day?
More than 9 hours
On an average, how many days in a week do you work?
All 7 days
How often are you required to work in night-shift?
Does your work require you to travel?
Does your work require you to relocate to different town/cities?
How would you consider the job security in your profession?
Would you consider this Profession Risky?
Overall, how would you rate Work-Life Balance in your Profession?
Overall, how would you rate Job Stability of your Profession?
What are the different ways of entering this profession?
Good skills and a degree in the relevant stream is more than enough. After coming out of the college, it is your skills that take you wherever you go.
How would you rate Stress-Level in your Profession?
How would you rate your office/work infrastructure?
How would you describe your co-workers?
Generally speaking, your work is
Overall, how would you rate Work-Culture in your Profession?
Importance of Education in Your Profession
Would you say that Education from top School/College plays a major role in the success in this Profession?
What level of Education is sufficient to be successful in this Profession?
Would you say that Studious students are generally successful in this Profession?
How would you consider the Cost of Education post 12th?
Overall, how would you rate the role of Education in your Profession?
According to you, what kind of person is likely to be Happy & Successful in your Profession?
First Personality Trait – Energized by people, enjoy a variety of tasks and good at multitasking
Second Personality Trait – Focus on facts and details and apply past experiences to come up with practical solutions to problems
Third Personality Trait – Prefer to make decisions using logic by weighing pros and cons
Fourth Personality Trait – Prefer to keep flexible plan and keep options open
Fifth Personality Trait – Prefer to seek new experiences and create new things
Sixth Personality Trait – Prefer to be self-disciplined and organised
Seventh Personality Trait – Prefer to be cooperative and compassionate
Eighth Personality Trait – His/Her Family and Friends agree that S/he is usually relaxed, calm and happy
Please provide details
This job is more about your communication and presentation skills than anything else. One needs to be compassionate and smart to succeed.
What are some of the positives, which would encourage someone to join your Profession?
I have learned a lot in these past few years of my life. This profession gives a person so much to look forward to. I get to travel to new places, meet new people for different deals. Meeting so many people has helped me understand that there are so many different insights into a particular problem. I even have gone for recruitment and hiring newcomers for my team and it amazes me what this generation has in store for us. The work culture is also really good and you are given new challenges every now and then.
What are some of the negatives that you would want someone to be aware of when considering a career in your Profession?
This job, however good it might be, one thing that one should be careful for is losing his or her patience easily. It mainly deals with reviewing products and it is not easy to remain calm. One needs to be really extroverted and energetic for this job. If you want a relaxed, laid-back job, then this is certainly not the thing you are looking for. After hours and hours of work, there are times when I do not get to spend time with my family properly but, that is something that I basically signed up for when I entered this profession.
Recognition in your Profession
What is your family’s view of your Profession?
My Family is Impressed
What is Friends’ view of your Profession?
My Friends are Impressed
What is Society’s view of your Profession?
Society is Unimpressed
Overall, how would you rate the Recognition aspect of your Profession?
General Information of your Profession/Business
What kind of family’s financial background can maximize success in this profession?
It Doesn’t Matter
What is the ease of starting own business in this field?
May be Easy for Few
How easy is it to move to a different country in this profession?
Now you have several years of work experience and you have seen professions of others. If you are taken back to 10th/12th class and allowed to pick a profession, then which profession will you pick and why?
I would still go for Strategic Procurement.