Use this link for #12 on the in-class test..
http://www.businessweek.com/smallbiz/content/jul2009/sb20090714_270767.htm?chan=smallbiz_smallbiz+index+page_top+small+business+stories
interesting SB financing site
16 years ago
Thursday, July 16, 2009
Tuesday, July 14, 2009
'Wall Street Wobbles' CNNMoney.com
Stocks struggle despite better-than-expected corporate reports from Goldman Sachs and Johnson & Johnson
http://money.cnn.com/2009/07/14/markets/markets_newyork/index.htm?cnn=yesMonday, July 13, 2009
GM says they will make better cars
http://news.yahoo.com/s/ap/20090710/ap_on_bi_ge/us_gm_bankruptcy
Discuss...
Discuss...
Where will the jobs be in 2012?
Where will the jobs be in 2012?
Hot jobs of the future will focus on health care, science, high-tech
By Jenny Lynn Zappala
msnbc.com contributor
The help wanted ads of 2012 will have a scant resemblance to today’s classifieds. Job titles more common in sci-fi novels such as space tour guide and molecular engineer will soon become common place.
Tomorrow’s employers will put a premium on skilled and semi-skilled workers, especially in computers, health care, science and technology. And there will be job openings aplenty in the trades as baby boomers retire.
Are you ready for the brain race?
Opportunities abound as we become an information-rich society, said Marina Gorbis, executive director the Institute for the Future. With a growing number of video cameras, radio-frequency identification chips (RFID) and sensors gushing data, hot jobs will spring up, creating a demand for people who can cope and build new ways to comprehend it, she said. Your cell phone won’t be the only thing that vibrates.
“We’re entering an age where every object, every place, is surrounded by digital data. Massive amounts of data will be streaming in every direction,” Gorbis said. “The only way we’re going to be able to live in this world of massive information is to be able to access it in ways that are more sensory rich. They have to appeal to our senses.”
Paul Saffo, a technology forecaster, said lifelong learning will be the key to unlocking the future. People should expect to change careers six or seven times in their lifetime.
“This is a brain race,” said Saffo, who is on sabbatical from the Institute for the Future. “It’s no longer warm and fuzzy. Lifelong learning will be a forced march. If you stop learning, you will become unemployed and unemployable very quickly.”
Competitive innovation will produce hot jobs that are hard to imagine now. Synthetic biologists are learning to create organisms to perform specific tasks, said Leroy Hood, president and co-founder of the Seattle-based Institute for Systems Biology. In nanotechnology, systems engineers will fabricate new materials with ideal characteristics at the molecular level, said Frieder Seible, dean of the Jacobs School of Engineering at the University of California-San Diego, which opened a nanoengineering department in July. Engineers are building robots in new shapes and sizes.
Businesses should anticipate turbulent times, Saffo said.
“The upside is with uncertainty comes opportunity. If you’re nimble, surprises become opportunities,” Saffo said.
To get a hot job that makes big bucks, think health care or international business, said Lena Bottos, director of compensation at Salary.com. It could bump up your pay by 20 percent or more. It might even double your salary.
Highly skilled health-care professionals, like doctors and specialists, will be in demand because of aging baby boomers, which means big salaries, Bottos said. Health-care careers overall will likely enjoy job security. According to the U.S. Labor Department, 13 of the 20 fastest-growing occupations between 2004 and 2014 are related to health care. Home health aides, medical assistants and physician assistants are in the top five.
In business, professionals with international experience or knowledge — especially in finance or law — will be hot as the emphasis on global trade and business grows, Bottos said. Companies will navigate tax codes, laws, work regulations, environmental regulations and ethical questions worldwide.
“The borders are falling away,” Bottos said.
Governments must address immigration, citizenship and tax issues so workers can travel and collaborate freely, said Rusty Weston, chief blogger at myglobalcareer.com. He points to the rise of the “aerotropolis” — business complexes at airports where jet-setters can fly in, get down to business immediately and stay as long as needed.
“Governments and laws are behind the times,” Weston said. “There needs to be some strategy. Businesses need the talent. ... The job hunters will become the hunted.”
Saffo goes a step further, saying everyone should anticipate living in different countries over their careers to succeed. Hot jobs are worldwide, and the ambitious must follow, especially this generation.
“What we have is global industries, where the center of gravity of industries is moving,” Saffo said. “Anyone who is not fluent in a second language will be at a huge disadvantage even if they never leave this country.”
Right now, the hardest jobs to fill can’t be outsourced or turned over to robots (at least not yet), and they’ll probably still be hot in 2012 because of retiring baby boomers, said Melanie Holmes, vice president of North American corporate affairs for Manpower, a worldwide employment services company. Sales representatives, teachers, mechanics, technicians, managers and truck drivers are the six hardest jobs to fill today, according to Manpower surveys.
The good news: Many of Manpower’s top 10 hardest jobs to fill don’t require a college degree, so they’re more accessible. But that’s part of the problem — the jobs are too ordinary, Holmes said. Delivery drivers, laborers and machine operators, which also made the top 10, are necessary, not glamorous.
“I’m not sure young people have thought of those occupations as attractive,” Holmes said. “Our country needs people who go to trade schools. We’re running out of people like machinists, mechanics and technicians because the people who are doing [those] jobs are retiring.”
In the fast-paced global market, the “clever guys” will command their own price until the talent gap is filled, said Michael Jackson, founder and chairman of Shaping Tomorrow, a British research and analysis service focused on the future. A college degree alone won’t be a free pass to employment anymore.
“Student should be staying ahead and learning about these things, being involved and being engaged,” Jackson said. “They have got to keep learning, keep experimenting and be a part of the team. Don’t be afraid to try something new.”
Hot jobs of the future will focus on health care, science, high-tech
By Jenny Lynn Zappala
msnbc.com contributor
The help wanted ads of 2012 will have a scant resemblance to today’s classifieds. Job titles more common in sci-fi novels such as space tour guide and molecular engineer will soon become common place.
Tomorrow’s employers will put a premium on skilled and semi-skilled workers, especially in computers, health care, science and technology. And there will be job openings aplenty in the trades as baby boomers retire.
Are you ready for the brain race?
Opportunities abound as we become an information-rich society, said Marina Gorbis, executive director the Institute for the Future. With a growing number of video cameras, radio-frequency identification chips (RFID) and sensors gushing data, hot jobs will spring up, creating a demand for people who can cope and build new ways to comprehend it, she said. Your cell phone won’t be the only thing that vibrates.
“We’re entering an age where every object, every place, is surrounded by digital data. Massive amounts of data will be streaming in every direction,” Gorbis said. “The only way we’re going to be able to live in this world of massive information is to be able to access it in ways that are more sensory rich. They have to appeal to our senses.”
Paul Saffo, a technology forecaster, said lifelong learning will be the key to unlocking the future. People should expect to change careers six or seven times in their lifetime.
“This is a brain race,” said Saffo, who is on sabbatical from the Institute for the Future. “It’s no longer warm and fuzzy. Lifelong learning will be a forced march. If you stop learning, you will become unemployed and unemployable very quickly.”
Competitive innovation will produce hot jobs that are hard to imagine now. Synthetic biologists are learning to create organisms to perform specific tasks, said Leroy Hood, president and co-founder of the Seattle-based Institute for Systems Biology. In nanotechnology, systems engineers will fabricate new materials with ideal characteristics at the molecular level, said Frieder Seible, dean of the Jacobs School of Engineering at the University of California-San Diego, which opened a nanoengineering department in July. Engineers are building robots in new shapes and sizes.
Businesses should anticipate turbulent times, Saffo said.
“The upside is with uncertainty comes opportunity. If you’re nimble, surprises become opportunities,” Saffo said.
To get a hot job that makes big bucks, think health care or international business, said Lena Bottos, director of compensation at Salary.com. It could bump up your pay by 20 percent or more. It might even double your salary.
Highly skilled health-care professionals, like doctors and specialists, will be in demand because of aging baby boomers, which means big salaries, Bottos said. Health-care careers overall will likely enjoy job security. According to the U.S. Labor Department, 13 of the 20 fastest-growing occupations between 2004 and 2014 are related to health care. Home health aides, medical assistants and physician assistants are in the top five.
In business, professionals with international experience or knowledge — especially in finance or law — will be hot as the emphasis on global trade and business grows, Bottos said. Companies will navigate tax codes, laws, work regulations, environmental regulations and ethical questions worldwide.
“The borders are falling away,” Bottos said.
Governments must address immigration, citizenship and tax issues so workers can travel and collaborate freely, said Rusty Weston, chief blogger at myglobalcareer.com. He points to the rise of the “aerotropolis” — business complexes at airports where jet-setters can fly in, get down to business immediately and stay as long as needed.
“Governments and laws are behind the times,” Weston said. “There needs to be some strategy. Businesses need the talent. ... The job hunters will become the hunted.”
Saffo goes a step further, saying everyone should anticipate living in different countries over their careers to succeed. Hot jobs are worldwide, and the ambitious must follow, especially this generation.
“What we have is global industries, where the center of gravity of industries is moving,” Saffo said. “Anyone who is not fluent in a second language will be at a huge disadvantage even if they never leave this country.”
Right now, the hardest jobs to fill can’t be outsourced or turned over to robots (at least not yet), and they’ll probably still be hot in 2012 because of retiring baby boomers, said Melanie Holmes, vice president of North American corporate affairs for Manpower, a worldwide employment services company. Sales representatives, teachers, mechanics, technicians, managers and truck drivers are the six hardest jobs to fill today, according to Manpower surveys.
The good news: Many of Manpower’s top 10 hardest jobs to fill don’t require a college degree, so they’re more accessible. But that’s part of the problem — the jobs are too ordinary, Holmes said. Delivery drivers, laborers and machine operators, which also made the top 10, are necessary, not glamorous.
“I’m not sure young people have thought of those occupations as attractive,” Holmes said. “Our country needs people who go to trade schools. We’re running out of people like machinists, mechanics and technicians because the people who are doing [those] jobs are retiring.”
In the fast-paced global market, the “clever guys” will command their own price until the talent gap is filled, said Michael Jackson, founder and chairman of Shaping Tomorrow, a British research and analysis service focused on the future. A college degree alone won’t be a free pass to employment anymore.
“Student should be staying ahead and learning about these things, being involved and being engaged,” Jackson said. “They have got to keep learning, keep experimenting and be a part of the team. Don’t be afraid to try something new.”
Apple and Google Net Worth 8-08
FYI:
Here are the market caps in U.S. dollars, as of the market close on Monday, August 18, 2008:
Microsoft: $252.82 billion
IBM: $169.86 billion
Google: $156.69 billion
Apple: $155.37 billion
At the age of 40, King Gillette was a frustrated inventor, a bitter anticapitalist, and a salesman of cork-lined bottle caps. It was 1895, and despite ideas, energy, and wealthy parents, he had little to show for his work. He blamed the evils of market competition. Indeed, the previous year he had published a book, The Human Drift, which argued that all industry should be taken over by a single corporation owned by the public and that millions of Americans should live in a giant city called Metropolis powered by Niagara Falls. His boss at the bottle cap company, meanwhile, had just one piece of advice: Invent something people use and throw away.
One day, while he was shaving with a straight razor that was so worn it could no longer be sharpened, the idea came to him. What if the blade could be made of a thin metal strip? Rather than spending time maintaining the blades, men could simply discard them when they became dull. A few years of metallurgy experimentation later, the disposable-blade safety razor was born. But it didn't take off immediately. In its first year, 1903, Gillette sold a total of 51 razors and 168 blades. Over the next two decades, he tried every marketing gimmick he could think of. He put his own face on the package, making him both legendary and, some people believed, fictional. He sold millions of razors to the Army at a steep discount, hoping the habits soldiers developed at war would carry over to peacetime. He sold razors in bulk to banks so they could give them away with new deposits ("shave and save" campaigns). Razors were bundled with everything from Wrigley's gum to packets of coffee, tea, spices, and marshmallows. The freebies helped to sell those products, but the tactic helped Gillette even more. By giving away the razors, which were useless by themselves, he was creating demand for disposable blades. A few billion blades later, this business model is now the foundation of entire industries: Give away the cell phone, sell the monthly plan; make the videogame console cheap and sell expensive games; install fancy coffeemakers in offices at no charge so you can sell managers expensive coffee sachets.
Chris Anderson discusses "Free."
Video produced by Annaliza Savage and edited by Michael Lennon.For more, visit wired.com/video.
Thanks to Gillette, the idea that you can make money by giving something away is no longer radical. But until recently, practically everything "free" was really just the result of what economists would call a cross-subsidy: You'd get one thing free if you bought another, or you'd get a product free only if you paid for a service.
One day, while he was shaving with a straight razor that was so worn it could no longer be sharpened, the idea came to him. What if the blade could be made of a thin metal strip? Rather than spending time maintaining the blades, men could simply discard them when they became dull. A few years of metallurgy experimentation later, the disposable-blade safety razor was born. But it didn't take off immediately. In its first year, 1903, Gillette sold a total of 51 razors and 168 blades. Over the next two decades, he tried every marketing gimmick he could think of. He put his own face on the package, making him both legendary and, some people believed, fictional. He sold millions of razors to the Army at a steep discount, hoping the habits soldiers developed at war would carry over to peacetime. He sold razors in bulk to banks so they could give them away with new deposits ("shave and save" campaigns). Razors were bundled with everything from Wrigley's gum to packets of coffee, tea, spices, and marshmallows. The freebies helped to sell those products, but the tactic helped Gillette even more. By giving away the razors, which were useless by themselves, he was creating demand for disposable blades. A few billion blades later, this business model is now the foundation of entire industries: Give away the cell phone, sell the monthly plan; make the videogame console cheap and sell expensive games; install fancy coffeemakers in offices at no charge so you can sell managers expensive coffee sachets.
Chris Anderson discusses "Free."
Video produced by Annaliza Savage and edited by Michael Lennon.For more, visit wired.com/video.
Thanks to Gillette, the idea that you can make money by giving something away is no longer radical. But until recently, practically everything "free" was really just the result of what economists would call a cross-subsidy: You'd get one thing free if you bought another, or you'd get a product free only if you paid for a service.
Sunday, July 12, 2009
Saturday, July 11, 2009
Wonder what Google Chrome OS will look like when it comes out?
Here's a report about the Google Chrome OS that will come out next year.
Thursday, July 9, 2009
Future of business....nice video
The use of WEB2.0 tools is already here! LINKED-IN, FACEBOOK, TWITTER, SKYPE etc.
Tuesday, July 7, 2009
10 bussiness that are going to possibly go extinct within 10 years.
Look at the link below:
http://www.msnbc.msn.com/id/20873711/ns/business-future_of_business/#storyContinued
http://www.msnbc.msn.com/id/20873711/ns/business-future_of_business/#storyContinued
Welcome to our blog!
Welcome to our Summer 2009 Introduction to Business blog. We will be maintaining this blog throughout the semester to keep us up to date with the future world of business. We hope you enjoy perusing around OUR content.
Subscribe to:
Posts (Atom)