All Posts Tagged With: "businessweek"
Has the recession created a lost generation?
Jennifer McClelland | RSS | Tue, Oct 13 2009 | 0 Comments
In the past year, hundreds of thousands of people have graduated high school and college bound for employment (or unemployment as is the usual case these days).
With so many people between the age of 16 and 24 unemployed (the current unemployment rate for this group is around 18%), how could we not have created a “lost” generation?
Watch the video above for the story from BusinessWeek.
I think that people will be able to overcome this high unemployment rate and the generation is certainly not lost. Everyone who falls into this category just needs to make sure that they are getting into the workforce or doing something to make sure that they aren’t dormant while they’re waiting for their career.
Related posts:The U.S. saw another 284,000 jobs lost in October
Sprint lost nearly half a billion dollars in the third quarter
5 things the recession put an end to
Tags: current unemployment rate, unemployment, generation
You can help your chances of keeping your job and avoiding that pink slip!
Jennifer McClelland | RSS | Wed, Jul 01 2009 | 0 Comments
There are a few steps that employees can do to make themselves known to employers to hopefully be promoted one day. Those same tactics are now being implemented by the workforce to not be fired when the next line of lay offs comes their way.
So what’s the secret?
According to BusinessWeek here are a few of the tips from the magazine:
1) Focus on the company’s success rather than your own. Most employers don’t have the time (or money) to deal with any potential problems you may have. When you’re at work, you are there to work and not create drag for you or your team.
2) You have to be more than willing to change. I don’t just mean use blue pens instead of black pens, you have to be ready and willing to change direction at the drop of a dime and be ready for it. If the company is looking to mix up the product lines or create a new mission statement for the company, its time to be the “yes man” and learn how to cooperate with the change.
3) Be great at your job and be useful in every aspect of the company. While this is a lot of work, it shows your employer that you have a commitment to the company by going above and beyond your own responsibilities.
4) Social hour should be after work, not during. The last thing a company needs is for its employees to be negative and do a lot of gossiping while on the clock. “No complaining, no blaming!”
5) You have to follow the rules, even the ones that may not have been written down. An example is to be at work early and be at least willing to stay late. When looking at this tip, now would be a good time to quit smoking and start bringing your lunch to work with you to avoid smoke breaks and long lunches.
6) You need to solve problems before they happen. If there’s a way to make the company more efficient (or make it more money), tell your supervisor. Of course, this means there will be some time away from the workplace and in your home where you may have to do some research about competitors and what they’re doing. Doing this ensures that you are seen as an asset to the company
7) Get to know people outside your department, especially those in human resources.
8 ) Social networking is important, if not crucial in today’s workplace. On the BusinessWeek article this tip is titled “Start Tweeting or Start Packing.” I think that this tip is more important to those in the marketing field than those in, say, the accounting department. Social networking sites like Twitter and Facebook are easy to set up and use. Here’s a warning: Don’t “Facebook” too much at work.
Related posts:Is Facebook a social “superpower”?
Social Networking is turning out to be quite popular for companies
Tags: marketing, company, mission statement
Top 25 “Customer Service Champs”
Jennifer McClelland | RSS | Tue, Mar 03 2009 | 1 CommentBusinessWeek for the week of March 2, has a featured story about the top 25 customer service companies.
The list, like all BusinessWeek (it seems) lists, was compiled by surveys. The magazine even states “our restults may differ from J.D. Power’s satisfaction rankings, which also considers quality, presentation, and price.”
They also award on a strange point system based on industry. For example, Starbucks didn’t make the list simply because none of its peers did well on surveys.
This just goes back to my point about the college rankings I wrote about the other day. I just think the way that BusinessWeek compiles its lists is flawed.
Anyway, topping the list is Amazon.com, followed by (in order) USAA insurance, Jaguar, Lexus, and the Ritz Carlton.
Other companies that were in the list were odd choices to me because I thought that customers would feel differently, or misplace their anger toward a company. T. Rowe Price made the list…
Related posts:The Best Companies of 2009
Tags: businessweek, starbucks, quality presentation
My opinion of BusinessWeek’s list of business schools
Jennifer McClelland | RSS | Sun, Mar 01 2009 | 0 CommentsI read BusinessWeek’s website every few days and it seems like the headline that appears most often is about the top “b-schools” or business schools for those (like me) who aren’t hip to the lingo.
I think that not enough notoriety is given to schools that do well but aren’t exactly the “name” they’re looking for.
Also, the rankings are put out according to how students rank their school based on surveys. I will say that if BusinessWeek came up to me and asked about my school, I would have nothing but good things to say about it, even though I feel differently at times.
Academic quality only represents 30% of the survey also. So perhaps this list should just be left alone while other lists are compiled that actually count things like academics to count for a little bit more than 30%
Related posts:Has the recession created a lost generation?
Are you ready for your Master’s in Business?
Tags: businessweek, academic quality, notoriety
Alltel and Verizon “make it legal” January 9th.
Jennifer McClelland | RSS | Mon, Jan 05 2009 | 0 CommentsAfter half a year of talking, Alltel and Verizon Wireless will become the nation’s largest carrier, beating out AT&T Wireless by 3 million customers.
Together, they have 78 million subscribers.
Verizon is putting up $5.9 billion to buy out Alltel and will be assuming $22.2 billion in debt from the company.
The bad news is that Alltel’s Little Rock headquarters will likely lose most of it’s 3,000 jobs. Verizon says that it will keep a call center there, but the higher paying jobs will likely be lost.
Related posts:AT&T has sued Verizon for “map” ads.
Tags: bad news, subs, verizon wireless

