Monthly Archives: April 2016

The Highest-Paying Companies in the U.S.

Recently, CNBC presented a slideshow based on Glassdoor data on the best-paying U.S. firms.

As Jessica Dickler reported for CNBC:

“Considering that nearly 70 percent of people said pay is among their top concerns when weighing a job, Glassdoor put together a list of the companies that offer the highest compensation, including base salary as well as commissions and bonuses. Tech firms dominated a majority of the top spots for 2016, all with total compensation over $150,000. They were closely followed by the more well-known consulting firms.”

 
Click the image to access a top ten slideshow.

 

Do YOU Have the Tech Skills for Today’s Job Market?

Interested in a job in big data analysis or in other aspects of information technology? If yes, check to be sure you have the proper skill set.

As Sharon Florentine writes for CIO:

“Technology is constantly evolving, and IT pros need to keep up with changing skills demands to remain relevant. A recent report from Dice.com tracked a year’s worth of job postings on the site, from April 1, 2015 to April 1, 2016, to determine growth in demand for certain skills year-over-year. Skills must appear in at least 1,000 job postings in order to be considered statistically relevant.”

“Based on that data, here are the top 10 fastest-growing technology skills IT pros should consider adding to their repertoire, and examples of the types of roles available for professionals with those skills.”

 
Click on the image to access a slideshow on these 10 skills.

Image courtesy Thinkstock

 

Avoid These Mistakes When Doing Business in China

Selling goods and services to companies and consumers in China is not an easy task for foreign firms. Here are some mistakes to avoid.

Based on an interview with Frank Lavin, CEO of Export Now, a company that assists Western businesses that enter the Chinese market, Darren Dahl (writing for American Express Open Forum), describes six mistakes that foreign companies should not make:

 

  1. Doing Nothing New — “The most common mistake companies make when entering international markets is that they don’t do anything new, says Lavin. ‘They think that whatever works domestically will also work internationally,’ he says. ‘They don’t look at pricing or brand positioning or the competitive map. There will be gaps and you need to do some analysis to close them.'”
  2. Not Embracing E-Commerce — “Lavin says that while the U.S. has a mature brick-and-mortar merchandising system that’s been around for two hundred years, Chinese customers primarily shop online. ‘E-commerce is often the icing on the cake in the U.S.,’ says Lavin. ‘But in China, e-commerce is the cake.'”
  3. Failing to Market Differently — “Lavin says getting your products there is only the first step. ‘What we like to say is that distribution ain’t marketing,’ he says. ‘You’ve reached the starting line, not the finish line. Companies must realize that when they’re entering a new market like China, they are essentially starting over when it comes to building up brand awareness and goodwill among potential customers.”
  4. Trying to Do It All Yourself — “If you’ve made the decision to sell in China, then you should also be willing to partner with other businesses to make that move a success.”
  5. Obsessing Over Currency Fluctuations — “One thing you don’t have to worry too much about when selling in China is the fluctuation of global currencies. Lavin says that if you’re selling less than $3,000 worth of goods a day or less, you can simply make minor price adjustments to your products as needed without worrying about any kind of currency hedge strategy. Then again, if you are selling upwards of $50 million worth of goods a year, you might want to think about putting such a plan in place.”
  6. Starting Too Fast — “Lavin suggests that every company start with what he calls a soft launch, where you begin selling a fraction of the products you might otherwise be doing in the U.S. as a way to work the kinks out of everything from the warehouse.”

 

Click the image to read more.

 

Reminder: Two Zarb Speakers Today

Kathleen Stanley, Senior VP of Capital One Bank, will be speaking at 11:15 AM. Shapiro Alumni House, South Campus, Hofstra University. More Details
 
Matt Seeley, Group President, North America Experian Marketing Services, will be speaking from 6:00-8:00 PM. Student Center Theater, Sondra and David S. Mack Student Center, North Campus. More Details

Zarb Executive Speaker: Matt Seeley, Experian

On Wednesday, April 27, 2016, 6:00-8:00 PM, Matt Seeley, Group President, North America Experian Marketing Services, will be speaking on “Creating Consistency in Change.”

This event will be held in the Student Center Theater, Sondra and David S. Mack Student Center, North Campus. All Zarb graduate students, faculty and administrators are invited to attend.

RSVP on Handshake. Log in to the Career Hub at hofstra.edu/careerhub, click on the Handshake icon and go to Events.

Matt Seeley Poster
 

April 28: Welcome to the Lion’s Den

On April 28, students have the chance to participate in a Hofstra CPXi “Shark Tank”-style competition. So come and pitch your idea!! $2,000 in prizes will be awarded.

8:00 PM, April 28, ideaHub, Room 246 East Library Wing, Axinn Library, South Campus.

For more information, contact Sharon.Goldsmith@hofstra.edu.
 
4-28-16 Lions Den
 

The Best of the Global Under 40s

For the purposes of this post, we are defining “young adults” as any adults under 40 years of age. [Yes, there will be some 20-year-olds who view 39 as ancient. LOL). But this definition enables us to closely look at the World Economic Forum’s (WEF) “Young Global Leaders: Class of 2016” reports.

According to WEF:

“The World Economic Forum, committed to improving the state of the world, is the International Organization for Public-Private Cooperation.The Forum engages the foremost political, business, and other leaders of society to shape global, regional, and industry agendas.”

“Meet the Young Global Leaders class of 2016. Brilliant scientists. Emerging entrepreneurs. Tech investors. Activist MPs. Each year, we select the most innovative, enterprising, and socially minded men and women under the age of 40 who are pushing boundaries and rethinking the world around them. This year’s class of Young Global Leaders gives hope that they are ready to tackle the world’s most complex and pressing challenges. They are invited to join a community and a five-year leadership journey that we believe will help them break down silos, bridge cultures and use their collective skills to get things done for positive impact across private, public, and civil society organizations.”

Click this image to access the “The Forum of Young Global Leaders.”

Click on the image below to access the 121 members of Class of 2016, with a short bio on each. Regional distribution: Asia Pacific (15); Eurasia (4); Europe (23); Greater China (13); Latin America (7); Middle and North Africa (10); North America (27); South Asia (11); and Sub-Saharan Asia (11).

YGLS