Bloggy Business Today

Whether the economy is in recession or business is booming, the market for executives is closely competitive.  The sourcing and recruiting for upper-level managers cannot be attributed to growth in the industry and expansion of business.  The search for executives is the result of resignation or turnover.  A good manager may leave for better income package, but oddly enough, on a scale of one to ten, executives who are enticed to resign and transfer to another employer by an increase in income package would rate no more than a four. Read the rest of this entry »

For many people, either they are young or young once Santa Clause is a symbol of Christmas Season.  During the Christmas Season, there is a Santa Claus look alike or icon on every corner, in every store, on every sign, in every reading material like newspaper and magazine, television and internet commercials.

Santa Claus has become the symbol of the season or event celebrated because:

• Santa is a joyous individual.  People are basically attracted and enjoy the company of happy individuals.
• Santa is interested in making other people happy.  Santa increases the happiness-moments in the life of everyone he meets, most importantly the children.
• Santa loves his work.  He definitely finds pleasure in performing his job.  He is intensely enthusiastic in what he is doing.
• Santa is childlike.  He is humble, he does not boast, he is simple and sincere, he has a strong faith, he believes in people, he has looked in the souls of people with an x-ray mind and found much to admire on them, he has a kind and forgiving nature.
• Santa is eternally youthful.  He keeps up with the trend and the time.
• Santa is a cheerful giver.  His philosophy is to give himself away sincerely in service.  He is a friend to everyone.  He lives an overflowing life.

Santa Claus was able to build the greatest business in the world by following his philosophy.  Any individual can attain happiness and success if Santa Claus can only be emulated.

Whether the economy is in recession or business is booming, the market for executives is closely competitive.  The sourcing and recruiting for upper-level managers cannot be attributed to growth in the industry and expansion of business.

The search for executives is the result of resignation or turnover.  A good manager may leave for better income package, but oddly enough, on a scale of one to ten, executives who are enticed to resign and transfer to another employer by an increase in income package would rate no more than a four.

What are the reasons why executives leave?  One personnel organization that recently completed a study on the reasons why managers leave offers some answers.

Apart from the income package, the primary reasons for leaving a managerial position were ranked as follows:

1. Insufficient responsibility or freedom.  This situation is common among small and medium size corporations wherein a manager have limited freedom in decision making, every decision to be made must get the approval of the owner.
2. Employee is caught behind a slow-moving superior.
3. Personality clash with supervisor.  There are supervisors who feel prejudice with subordinate resulting conflict.
4. Policy or philosophy disagreement with supervisor or company.
5. Employer is growing slowly or retrenching.
6. Employee was passed over for a promotion.
7. Employee does not want to relocate.  There are employers who are not mindful about the welfare of their employees like if the employee to be relocated is married or with dependent aged parents.
8. Employee believes that his or her contribution cannot be seen by upper management.
9. Employee believes management isn’t giving enough support.
10. Employee feels out of favor with superiors.

Before, they called it the financial bailout, the much heralded branding for the financial mess that seems to has plagued the whole world in light of the shortage in funds and over-lending that has seen most banks and financial institutions dance with potential bankruptcy which has already claimed a couple of big names today.

With that said, we see that an influx of cash reserves playing in the trillions of dollars or more are being done. But is it really the wise decision to make? Stock traders are rejoicing since the 2-day rise in stocks which went as high as 11% seems to be signs of good things to come. However, did we not see the same trend when the first installment financial bailout was planned and implemented?

The problem has gone as far as affecting Europe and Asia. We have seen the threat of recession and global financial disaster and from the looks of it, it is really imminent. So how do we avoid it?

Save and spend wisely. Much of the bad debts stem from people who simply look beyond their income. We all want large investments in cars and homes but we should know the capacity to pay and not forge documents required just to attain such a luxury.

Put money in safe investments or lockups. No one can say when their income or cash reserves will be used up. People are investing a lot but it would be wise to take your time and study where you will put your money. Do not be fooled by figures. Check out historical data and the credibility of the institution where you are placing your assets.

Lastly, make your own analysis of the economy today. We see different opinions, positive and negative, regarding the world economic situation. For sure, each of us have our own presumptions. Listen to it and do what you think is right. There is no consistent reason and depending on your lifestyle, it would be best to follow your philosophy.

[tags]financial_bailout, world_economic_situation, bad_debts, financial_disaster, financial_mess, stock_traders, cash_reserves, wise_decision, financial_institutions, trillions, influx, recession, credibility, bankruptcy, investments, assets, stocks, banks, philosophy[/tags]