Tag Archives: Zarb Means Business

The Most Attractive Employers in 2016 According to Students Globally

Last week, we posted about the “The Most Attractive [U.S.] Employers in 2016.” Today’s post focuses on Universum’s 2016 survey of college students around the world about the most attractive employers for those interested in business careers. The 2016 rankings are compiled from student surveys in the world’s 12 largest economies: Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Russia, UK, and USA:

“The World’s Most Attractive Employer companies, must rank in the top 90% of employers within at least six regional markets. If an employer is not listed or is ranked outside the top 90% in a market, it gets a default ranking which is equal to the position of the last company in the top 90% for that market. Results are weighted by GDP, so that a high ranking position in the U.S. has a greater influence than a high ranking position in India, for example.”

Here are the 2016 global top ten most attractive employers for business:

  1. Google
  2. Apple
  3. EY (Ernst & Young)
  4. Goldman Sachs
  5. PwC (PricewaterhouseCoopers)
  6. 6Deloitte
  7. Microsoft
  8. KPMG
  9. L’Oréal Group
  10. J.P. Morgan

Interested in more global insights? If yes, click here to download the PDF report.
 
Interested in a regional or country ranking? If yes, click here and scroll down the page for “Choose region” or “Go to country page.”
 

 

The Most Attractive Employers in 2016

Each year, Universum publishes the results of its extensive surveys in various fields and countries/regions. This post covers Universum’s 2016 survey of more than 72,000 U.S. students (more than 20,000 business majors) at 359 universities and colleges about the most attractive employers for those interested in business careers.

For job candidates, the benefits of these surveys is obvious. But they are also essential for potential employers too. According to Universum:

“Today’s businesses operate in a highly competitive employment landscape, and you can gain valuable insight into how your organization is perceived by tomorrow’s workforce with the results of Universum’s 2016 Most Attractive Employers ranking based on student talent in the USA.”

Here are the top most attractive employees, based on Universum’s U.S. survey. [Number 10 is an especially interesting choice]:

How Scenario Planning Aids Our Decisions

Note: This post applies to both (a) business planning and the firm’s flexibility to change as needed and (b) personal planning and YOUR flexibility to change as necessary. In either case, we must be able to adapt to an uncertain future.

Scenario planning involves planning for the future by understanding that different marketplace outcomes may occur in response to any strategy and that each possible marketplace outcome must be planned for to avoid the worst case scenario.

Here’s a simple example: Suppose that a major soda company introduces a new non-carbonated cola beverage into the marketplace. These are just a few scenarios that are possible:

  • The sales of the new beverage meet expectations and do not cannibalize the sales of other company products. Overall company revenues and profit rise.
  • The sales of the new beverage meet expectations, but slightly cannibalize the sales of other company products. Overall company revenues and profits rise slightly.
  • The sales of the new beverage meet expectations, but greatly cannibalize the sales of other company products. Overall company revenues stay the same, and profits fall somewhat due to the investment in the new item.
  • The sales of the new beverage do not meet expectations and do not cannibalize the sales of other company products. Overall company revenues rise very little, and profits fall a lot due to the investment in the new item.

The premise of scenario planning is to anticipate the possibility of each of these outcomes occurring and have in place a pre-planned framework (contingency plan) to deal with each scenario.

Recently, Shardul Phadnis, Chris Caplice, and Yossi Sheffi wrote an article for the MIT Soan Management Review titled “How Scenario Planning Influences Strategic Decisions.” The authors reached three major conclusions:

  1. The use of multiple scenarios is not necessarily an antidote for overconfidence. One should not assume that simply using multiple scenarios to evaluate a long-range decision will help alleviate the negative effects of decision makers’ overconfidence in their own judgment.”
  2. Scenarios influence judgment — and their content matters. More than half the judgments in our studies changed after single-scenario evaluations. Scenario users became more favorable of investing in an element — either by increasing confidence in their original recommendation to invest, decreasing confidence in their original recommendation to not invest, or changing their recommendation to favor the investment — when they found the element useful in a scenario.”
  3. “The use of multiple scenarios can nudge executives towards more flexible strategies. Executives often choose strategies optimized for a particular environment. While such strategies may perform well in the environment envisioned at the time of their implementation, they may not be easily adaptable to new opportunities or in response to unexpected threats.  Under such circumstances, evaluating strategic decisions using multiple scenarios can help executives appreciate the importance of choosing more flexible assets or approaches — even if doing so is not the most optimal choice for present-day conditions.”

Click the image to access the article.

 

 

Beware of Ransomware!!

The term “ransom” has been around for hundreds of years and is best described as a way to redeem someone from captivity, bondage, detention, etc., by paying a demanded price.

Today, we have another destructive variation of the word ransom — that is “ransomware.” What is it and what can we do about it?

TechRepublic recently produced Ransomware: The Smart Person’s Guide, written by James Sanders. This is an executive summary quoted from the guide:

  • What is it? Ransomware is malware. The hackers demand payment, often via Bitcoin or prepaid credit card, from victims in order to regain access to an infected device and the data stored on it.
  • Why does it matter? Because of the ease of deploying ransomware, criminal organizations are increasingly relying on such attacks to generate profits.
  • Who does this affect? While home users have traditionally been the targets, healthcare and the public sector have been targeted with increasing frequency. Enterprises are more likely to have deep pockets from which to extract a ransom.
  • When is this happening? Ransomware has been an active and ongoing threat since September 2013.
  • How do I protect myself from a ransomware attack? A variety of tools developed in collaboration with law enforcement and security firms are available to decrypt your computer.

Sanders adds: “For those who have been infected, the No More Ransom project — a collaboration between Europol, the Dutch National Police, Kaspersky Lab, and Intel Security — provides decryption tools for many widespread ransomware types.

Here are a couple of informative infographics by LogRhythm:


How to Be More Self-Confident and Motivated

Click the image below to download the FREE book Personal Confidence & Motivation from MTD Training. [Note: A simple login is required. Select working as your option.]

“Do you have the self-belief and confidence to make a difference? Do you ‘just know’ that you’ll succeed no matter what? Do you know what motivates and gets you going? And do you know how to tap into the motivations of other people? In this book, you’ll find the answers to all of these questions and much more besides! You’ll understand how to build your own confidence levels and how to generate confidence in an instant. You’ll then move onto the topic of motivation and you’ll be able to really understand this area of personal development.”

 

 

Tips for Students to Be More Marketable

Want to get the best job and career path possible? If you are still a student, there are several suggestions. [If you are currently working, some of these suggestions apply to you too.]

According to Tim Green, writing for The Conversation, here are 10 tips to help students become more employable:

  1. Get involved in university life — “Besides meeting new people you can learn new skills, particularly if you are involved in organizing events or take on a leadership role in the society.”
  2. Ask career services for professional advice — “Many people wait until they have nearly finished their courses, but it is better if you can work with it [career services] from your first year. It can help you choose a suitable career and advise what employers are looking for in a new recruit. Make sure you get advice on your resume and attend a session to practice your interview skills.”
  3. Keep a record — “You will have a record of your grades but you also need to be able to tell employers the skills you have developed and how you use them.”
  4. Get good grades — “While high grades aren’t everything, many organizations still ask for your GPA.”
  5. Volunteering — “Companies like employing people who have given their time for free as it shows you are prepared to help others to try to make a difference. If you don’t have time to volunteer every week you may be able to help out on a special project.”
  6. Work experience — “Many students work part-time, and gaining work experience as part of your degree really improves your employment opportunities. Whether it is a short internship or a 12-month sandwich placement you will be gaining hands-on, practical experience.”
  7. Networking — “It’s not what you know it’s who you know. Attend careers fairs and company presentations to speak to the people involved in recruiting graduates. Also create a professional social media profile. LinkedIn is the largest network though there may be others specific to the industry you want to enter.”
  8. Understand the graduate job market — “Each organization has its own approach to recruitment, so research the company and tailor your application. Timing your applications and fitting them around your exams/coursework is important.”
  9. Be flexible and mobile — “If you are prepared to move, you will increase the number of jobs for which you can apply.”
  10. Be confident — “If you get through to the later stages of interviews, remember you have earned the right to be there. The company has seen potential in you and wants to find out more. There is a job out there for everyone; you just need to be persistent to find the right one for you.

 
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