Another good sign for the IT industry?

During a chat with several CEOs of IT companies in Karachi recently, most of them were heard to rave about the brilliant young, and talented teams that they have working for them and how they were constantly adding on new youngsters who brought along with them fresh new ideas and a zeal to succeed.

However, a new indication of the scaling up that is happening in the industry is the fact that most of the CEOs are now looking for replacements for themselves – or at least a second tier of strong experienced senior management to take their companies to the next level. Some have found the right people, others are continuing with their search.

This willingness to ‘let go’ some of the authority and share the burden and fruits of growth is another sign of maturity and recognition that without a senior team in place, scaling up and expansion can only be limited.