How to earn a Pre Placement Offer (PPO)
An article from Economic Times, 2011 quotes 6 steps to land into a pre-placement after internship which are as follows:
Look like a professional: Swap sneakers for oxfords and denim for a suit.
Talk: Break ice with your colleagues. Plan ahead for your project
Brush up: On Excel and PowerPoint skills, a must for the corporate world
Take a Lead: But don’t go overboard. Preserve, do not pester
Know Your Company: Keep their vision in mind while working
Don’t be invisible: Be seen and heard. Let your work do the talking
Beat your Deadlines: Finish early to make a perfect presentation
Post looking at Quora, where many IIM and similar pedigree candidates have deliberated on clinching the PPO, here is the summary captured:
1-PPO is not dependent on a single factor. Apart from the work quality, several factors at play are:
-Vacancy: Signing up with the right kind of an internship will alleviate this issue though
-Market conditions: E.g. Telecom in bad shape may have least possibility of fetching a PPO
2-Deciding in the beginning the kind of output an intern needs to stamp from moderate to excellent will be a key drive for achieving a PPO. The following may be kept in mind to build a strong case for PPO.
a) Cover all the points given to you in the project brief. During presentation each point should be covered with details.
b) Collect information from market about the customers, stake holders, product, gap in the need satisfaction, identify opportunity to create a business opportunity.
c) How will you leverage the gap to build sustainable business for the company. Collect images from market, video interviews taken from stake holders to show that you have really put efforts, you have tried to go into deep to understand a problem, develop a solution for it.
d) Be entrepreneurial in approach, talk to other people in the same industry, visit plants, distributors, retailers, customers, prepare questionnaire, get feedback from customers. Present this data, support your recommendations with proper data & research. Give clear recommendations not more than three.
3- For consulting internships in particular and others as well, below needs to be kept in mind.
-Own your project: Once you are assigned a project, it is completely your responsibility. You need to own your project. This means that you live, eat and sleep with your project.
-Finish your project on time: Divide your project into smaller parts, and make a timeline for the entire project. Always ensure that you leave enough flexibility in the timeline to incorporate any unseen circumstances which are not in your control. It is extremely important to finish your project on time, and no excuse is acceptable.
-Keep your deck updated even the slightest of change must reflect to be at par
-Ensure that your mentor is always looped in.
-Be sincere: Right from respecting time to the culture of the company
-Be a part of the team and learn to bond well
-Don’t shy away from voicing your opinions: Nobody likes a person who just nods at whatever their seniors say. And nobody likes someone who does not have any opinion at all.
Also the below link from Mint Jun 17, 2017 profoundly explains how Amazon India converts 60 % of their interns into regular hires.
‘We are happy to bring interns for a longer period, not just two months… bring in professors who can co- create work with us. That is something we are focused on’, says Amazon India’s HR head Raj Raghavan