Finance

Suceeding At Your Job, Facebook vs LinkedIn, Midlife Career Change

 

When just being good at your job isn’t good enough!- “To keep succeeding in your career, you must add value to your organization through continuous learning” (more at Strategy+Business). Also, here is how a ‘Craftsman-Like Approach’ helps to achieve greater joy at work (Forbes)

Okey! This one is a little tough- Is LinkedIn the new Facebook? Or Is Facebook the new LinkedIn? Either way, the game is changing. LinkedIn has completely transformed with some added functionality some of which include “Facebook-style” timeline. Facebook on the other hand, is now helping lower-skilled worker, freelancers, and those individuals who aren’t actively looking for a job.(see The Next Web)

Well, the big question is how would jobs seekers, employers and companies benefit from all of this?  Here’s how Facebook is helping small businesses having trouble hiring (Techcrunch)  Also, here is how to make  LinkedIn work for you (Converge) And finally, when you want LinkedIn  to retain its professional integrity, and avoid getting into a noisy conversation (Business2Community)

Midlife career changes happens more often than we can imagine. But with good planning, making a big career move in your late 30s or older is possible and can be quite rewarding. Here is what you need to do to  successfully make a midlife career change- (Entrepreneur) Also,  NPR shares a few posts highlighting reasons why people consider midlife career shifts (npr.org). At some point, radical change is required. Depending on your goals, if you choose a a completely new career direction you might require a re-training to improve or acquire new skills.(More at Stuff)

Yes, you can still  change jobs when you are near retirement. But there is need to understand the pros and cons, of voluntarily changing jobs on a retirement timing. Here is how -(Market Watch)  Also, understand how a midlif e career change can have a tremendous effect on retirement planning (Globe and Mail)

‘Referral hiring isn’t great for diversity’

“We will open the book. Its pages are blank. We are going to put words on them ourselves. The book is called Opportunity and its first chapter is New Year’s Day.”  ― Edith Lovejoy Pierce

Happy New year! Happy new changes!

New Year’s Day marks a new chapter in many peoples’ lives. For a large number of employees, career related changes are among their top new year’s resolutions.

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Source-Pixabay

The title for this post was taken from an article I came across on Bloomberg- “Hiring an Employee’s Buddy Is Fueling a Major Workplace Crisis”

As a job seeker, you’ve probably heard someone explain the importance of networking and why you should network, network and keep on networking!  It’s a fact that nowadays,  getting a job is mostly about who you know and much less about what you know!

But how well does the referral hiring work?- In an article- How do social networks affect labor markets? – Ian Schmutte,  assistant professor of economics at University of Georgia, USA  explains that “Referral networks can help employers find better workers as well as help workers find better jobs. More generally, these networks can speed up the rate at which workers and firms find each other.”

So where’s the catch?  In the article, Ian Schmutte also adds that ” … networks can also be segmented along racial, ethnic, and socio-economic lines, which brings into question the effect they may have on inequality between and within different groups of workers.” Read on the full article here

Other interesting reads-

-Thinking about recommending your friend to your employer?  Here are 12 things to keep in mind. (Forbes) Also, here are tips on  How to Recommend a Friend or Colleague for a Job

-‘Bore out’- a new term i learnt the other day. It’s all about boredom at work. I read a story about a 44-year-old Parisian Frédéric Desnard, who sued a firm for being ‘bored out’ of his job. Although he held a managerial role in a perfume business, he often felt depressed and didn’t like the idea of his former employers giving him menial tasks. He is not alone. According to a BBC article, workplace boredom is a common problem in various organisations and it’s usually a major source of stress for many people.  Can you handle boredom at work? Here are a few tips on how to cope with boredom at work

-The underemployed workforce- “Any job is better than no job at all…” right? Well, yes if it is temporary. And no,  if you’ll have to permanently do certain jobs involuntarily. Who are the ‘underemployed’?  Underemployment among recent college graduates is still a problem on the rise. It’s a fact that a high number of graduates find it difficult to secure well paying jobs right after college. According to sources, many settle for ‘low skilled’ jobs which are usually “non-college” jobs. –  How to get graduate jobs

–  Goal setting and achievement- How to set your goals and how to focus on them? Here’s a concept i watched on Marie Forleo  YouTube channel

“Does Donald Trump’s election as United States president mean that globalization is dead, or are reports of the process’ demise greatly exaggerated?”

The title of this post is from Project Syndicate with Barry Eichengreen, a Professor of Economics at the University of California, Berkeley, who wrote an interesting article on the condition of globalization and the world trade growth even without Trump in office- Globalization’s Last Gasp.

So what’s the deal with globalization? Is it here to stay?

I’ve personally come across articles with claims and opinions citing experts about why globalization is said to be dead. Other experts  have a different opinion on the matter. See for example- Globalization is alive and well.

Weekend Reads

  • Meet the marketing genius behind Snap’s new Spectacles-(Read on Recode)
  • Truth be told- Many companies still struggle with the idea of dealing and responding to a cyber attack. However, industry leaders such as  IBM, wants to train corporate security teams, CEOs, and PR departments to handle Cyber Attacks- (Read on Bloomberg)
  • How is the driverless car a great opportunity for healthcare? You guessed it right! The autonomous car is not just here to carry you to your destination. It can do more than that. For example the future Mercedes Benz– (Read on LinkedIn)
  • What is Zara’s secret recipe to success? In an article by Bloomberg, “Zara’s culture isn’t as easily copied as the latest fashion trends.” This is one of the reasons why Inditex, its parent company, is more successful than it’s competitors such as American Apparel, Gap and  H&M. (Read on Bloomberg)
  • Thinking about quitting your job? Here are 10 things you need to keep in mind about quitting your job- (Read on Forbes)

And how about you? What are you currently reading? Please share in the comments section below. I’d love to read from you.

Have a nice weekend!