
Top News
Job-seekers know the paradox of today's economy: Although unemployment is high, corporate executives often complain they can't find the right person to fill their open jobs. That is why Manpower Group, the Milwaukee-based staffing agency, is pushing companies to advertise jobs not only by the experience required, but also by the qualities a candidate would need to succeed in the role – a so-called success profile. (The Wall Street Journal)
Visit http://online.wsj.com/article/SB10000872396390444426404577646041283872130.html?mod=WSJ_Careers_CareerJournal_4 to view the full article online.
We'll be off next week for Thanksgiving, so look for the next edition of Netwire to hit your in inbox on Thursday, Nov. 29. Have a great holiday.
Career
There comes a point in every successful job interview when it's time to talk money. The standard advice to job applicants has long been to play it coy. John Challenger, CEO of outplacement firm Challenger, Gray, and Christmas, urges applicants to "let the employer name a salary first – it may be higher than you expect." (Fortune)
Visit http://management.fortune.cnn.com/2012/11/09/salary-negotiation/?iid=F_F500M to view the full article online.
It seems to me that most organizations spend an inordinate amount of energy on talent acquisition. Finding, attracting and capturing the best talent is central on every organization’s radar. But the value derived from new talent is only realized if the talent can be retained long enough to tap its treasures. (Forbes)
Visit http://www.forbes.com/sites/sylviavorhausersmith/2012/11/12/no-career-path-no-retention/ to view the full article online.
As the executive coaching industry has grown, so have concerns that some don't have the credentials or experience needed to truly help their clients. Here are a few things to consider before hiring one. (Fortune)
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Diversity in the Workplace
International
Those looking for good omens about Greece's future in the euro zone will have been heartened by the news last week that the European Central Bank would soon print euro banknotes bearing a new design with the portrait of Europa, the figure of Greek mythology who was abducted by Zeus disguised as a white bull. Would the ECB be issuing new five-euro notes inspired by a Greek foundation-myth if Greece were about to be kicked out of the euro? (The Economist)
Visit http://www.economist.com/blogs/charlemagne/2012/11/greece-and-eu to view the full article online.
Education
The last decade has been a one of soul-searching for business schools worldwide. Since the collapse of Enron, through the financial crisis, to the insider trading and LIBOR scandals, the question just keeps recurring: How did those institutions of higher learning, whose claim is to develop business leaders, influence the conduct of leaders who let so many people down? (Harvard Business Review)
Visit http://blogs.hbr.org/cs/2012/11/are_business_schools_clueless.html to view the full article online.
NBMBAA
Join the Atlanta Chapter on Monday, Nov. 26, for the November Member Forum at Georgia Power. This event is free and members and non-members are welcome.
Register to Attend
Join the NBMBAA WGC Chapter on Thursday, November 29, for the 4th Annual Leadership Development Summit. This free event is designed for managers seeking to advance within their organization; executives looking to acquire or sharpen their leadership skill; businesses looking to obtain and retain top-performing talent; and individuals trying to re-enter the workforce.
Register to Attend
Technology
The PC era is ending. More evidence of the monumental shift away from personal computers will come when Dell Inc. reports results later today, and Hewlett-Packard Co. announces its earnings next week. As more consumers and businesses flock to smartphones and tablets, companies led by Hewlett-Packard, Dell and Microsoft Corp. that long benefited from demand for PCs are feeling the pain. (Bloomberg)
Visit http://www.bloomberg.com/news/2012-11-15/death-be-not-proud-as-dell-to-hewlett-packard-show-pc-end-tech.html to view the full article online.
On Nov. 7, The New York Times ran a story called "How to Devise Passwords That Drive Hackers Away." Written by Silicon Valley correspondent Nicole Perlroth, the piece reigned over the paper’s Most Emailed List for a full week, and for a good reason: It’s properly freaked out about just how vulnerable we all are to hackers. (Wired)
Visit http://www.wired.com/gadgetlab/2012/11/why-no-password-is-safe-from-hackers/ to view the full article online.
Entrepreneurship
Clearly, lots of people are looking for jobs. The unemployment rate is 7.9 percent, which does not take into consideration people with jobs who want a new one. But many companies are strapped for cash, particularly startups just getting off the ground. So we asked some of America's top young entrepreneurs: What's your top tip for recruiting rock-star talent to your brand-new business when salary money is tight? (Upstart Business Journals)
Visit http://upstart.bizjournals.com/resources/advice/2012/11/14/attracting-top-tier-talent-on-a-budget.html to view the full article online.
The Economy
In 1914, Henry Ford introduced the concept of three eight-hour shifts to achieve round-the-clock assembly in an automobile factory. Today we are witnessing the advent of 24-hour knowledge factories. Spreading out across the globe with clusters of three or four facilities, each six to eight hours apart, was an idea first limited to 24-hour call centers and support staff for global communications networks. Now, thanks to more robust information technology and a growing acceptance of offshoring, the concept is feasible for a much broader range of work. (Wall Street Journal)
Visit http://online.wsj.com/article/SB118841765731012529.html?mod=WSJ_mgmt_promo_left to view the full article online.
The euro zone fell into a recession in July-September, the second since the global financial crisis in 2009, as French resilience could not make up for a slump across Europe and the three-year debt crisis slowed Germany to a crawl. (CNBC)
Visit http://www.cnbc.com/id/49833262 to view the full article online.
Prices change; that's fundamental to how economies work. And yet: In 1886, a bottle of Coke cost a nickel. It was also a nickel in 1900, 1915 and 1930. In fact, 70 years after the first Coke was sold, you could still buy a bottle for a nickel. Three wars, the Great Depression, hundreds of competitors – none of it made any difference for the price of Coke. Why not? (NPR)
Visit http://www.npr.org/blogs/money/2012/11/15/165143816/why-coke-cost-a-nickel-for-70-years to view the full article online.
Personal Finance
Thanksgiving is fast approaching, and affordable holiday travel options are fading just as quickly. Last-minute flights can cost up to $200 more than ones booked earlier. And pretty much everyone is paying more than they did last year. Round-trip domestic flights between Nov. 17 and 27 are averaging $386, a 9% increase from last year, according to Travelocity's senior editor Courtney Scott. (CNN/Money)
Visit http://money.cnn.com/2012/11/14/pf/holiday-travel/index.html?iid=HP_River to view the full article online.
Leadership
If you work in a global company, you know that leading across cultures requires operating amid ambiguity and complexity, which often calls for a different set of behaviors and competencies. As companies look to promote leaders who have been successful in domestic roles into international assignments, those same competencies that made them successful may no longer apply. So how do companies assess their talent prior to placing someone in a global role? (Right Management)
Visit http://www.right.com/blog/talentpluswork/2012/new-research-reveals-six-competencies-needed-for-global-leadership-success/ to view the full article online.
Lifestyle
Whoever dubbed the holidays the most wonderful time of year must not have needed to fly home. Still, there are things you can do to protect yourself in case of a major travel disruption, whether caused by an overbooked plane or the next Superstorm Sandy. Here's a look at some commonplace travel setbacks, and how to cope with them. (Money)
Visit http://money.cnn.com/2012/11/01/pf/fliers-rights.moneymag/index.html?iid=A_M_News to view the full article online.
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