Every time a new IT company enters the Lithuanian market, the challenge for existing tech startups is how to retain their employees. Startup executives do not hide the fact that the practice of growing the right specialists in the team is longer and more expensive, but helps to stay competitive. This need has arisen in a market where there is a shortage of IT project managers who are able to work with clients, understand the ever-changing technology market, find new assignments and manage risks.
Startup founders say that one of the key characteristics of IT project managers is the need to combine technological competencies with management skills. The internal culture of the company is also important. Startups want to lead in the field of the technologies they use, so they want specialists with in-house know-how. When a company's team exudes confidence, this is visible externally and is recognized by investors and the startup community.
There are not many IT project managers in Lithuania, so companies tend to invest and develop the necessary team members themselves. For example, Marius Krajauskas, CEO of Tech-Park Kaunas-based technology startup Piksinas, who recently launched a digital tool for dental services, emphasizes that they provide the necessary competencies to new team members themselves. This makes it possible to build not only a stronger but also a loyal team. Read more…