BusinessBits
News, Reviews, Commentary and More



DJIA 13504.30 chart+35.52
NASDAQ 2561.60 chart+14.27
S&P 500 1476.71 chart+9.04

2/1/2006

Top Jobs

Filed under: — 4:22 pm

People deciding what they want to do with their careers for the rest of their lives have so many options nowadays. They must seperate a lot of factors when choosing, like salary, benefits, how interesting the industry is to them, and how competitive it is.

So when Fast Company made a list of the 25 top jobs based on statistics from the Bureau of Labor, it was naturally pretty interesting to me. Lawyer got the #1 spot while dentists took #14 and producers/directors went at #16.

It obviously depends on a lot more than statistics, like specific persons love of the job, but it was an interesting look either way.

Check out the whole list at this slideshow- 25 Top Jobs

11/30/2005

Best Interview Question

Filed under: — 1:12 am

So, I started checking out Xooglers today (Nathan mentioned it a while back). I found a great account of an interview with Sergey (apparently business2blog liked it, too). In any case, I read this and realized that “career services” has been doing me a disservice. Stop telling me I need to know how to respond to “where do you see yourself in 5 years”. Try this question:

“I want you to explain to me something complicated that I don’t already know.”

…yeah. I’ll need to think about that one a bit.

11/28/2005

Employment Survey for College Student and Recent Grads

Filed under: — 6:35 pm

I found another great blog the other day written by Ian Ybarra. If you’re a student or recently graduated Ian has a survey for a book he’s in the process of writing. It only took me a few minutes and I look forwarding to the results…

Click here for the survey.

Source: Ian Ybarra

10/18/2005

Gates Encourages Computer Science Majors

Filed under: — 11:34 am

Microsoft Chairman Bill Gates hit the road last week to urge college students to pursue degrees in computer science. The three-day, six-college tour was the second such pilgrimage made by Gates in two years to emphasize the potential of technology careers and to dispel concerns about outsourcing. He said that in the new few years he (Microsoft) will need a lot more software engineers. Coming from a guy who didn’t finish college? Coming from a guy who started his own company? He may be right, college advisors and the BLS agree, but the article makes a good point: is he the most appropriate messenger?

Source: Yahoo News

10/14/2005

Blogging Impacted Professors Tenure?

Filed under: — 12:50 pm

Daniel Drezner wrote the other day that the Red Sox playoff elimination and his denial of tenure (after six years) was a “pretty bad day”. Unfortunately, blogging is sometimes seen as “a diversion from the real scholarship an academic ought to be doing”. But, it certainly may not be the only factor in his removal:

“It’s not the blog,” and was prompted by questions he kept getting after the Drezner news came out. In it, Carroll warns against people jumping to conclusions about blogging in academia or at Chicago and says, “I’m sure that many of my colleagues don’t even know what a blog is, much less have a negative opinion of mine.”

In any case, he won’t be teaching at this time next year…

Sources: Freakonomics Blog, The Chicago Tribune, danieldrezner.com

10/10/2005

Job Searching With Minimal Experience

Filed under: — 12:06 am

I know any number of brilliant students that are looking for jobs. The issue at hand is their lack of experience. What does one do at this point? Unfortunately, it seems like the only thing to do is apply for a lower-level position. If you think about it, employers typically have a huge pool of applicants. If you’re missing that “6 months of sales experience” odds are someone else has it. Put simply, if you get your foot in the door you’ll have room to move up (granted you are as brilliant as I think you are). An easy way to do this (quickly) is to volunteer for projects or additional responsibilites. By the time you get settled it’ll be obvious that you are “teachable” and have demonstrated your ability to do an exceptional job. There’ll be no other option than to give you more responsibility.

I may note though, I’ve been told that you don’t want to necessairly “stand out” during your first month or so at a new job. Frankly, it’s best to stay under the radar than to attract additional attention. Does that advice make sense? I certainly tried to keep a low profile at the beginning of my summer job and as time went on I was eventually was offered a promotion (not bad for a seasonal job, I suppose). I think if you do a great job and gain an employer’s trust you can later exhibit an ability to go above and beyond expectations. Then again, that’s just one opinion…

10/9/2005

Resume Tip: GPA

Filed under: — 11:52 pm

Unless you’re an exceptional student, you really shouldn’t put your GPA on your resume. Anything less than a 3.5 isn’t going to help much.

Interviewing Common Sense Tip

Filed under: — 11:43 pm

A word to the wise, chewing gum during an interview is stupid.

I got lucky though. I still got the job. Haha…

9/29/2005

What Really Irritates Me:

Filed under: — 1:32 pm

Undergrad business students who talk about graduate school.

I’ve talked about the MBA before but nothing annoys me more than business students who plan on getting as much education as possible and assuming they’ll be making as much as possible. It doesn’t work that way. I once heard a guy say he was going to get a business Ph.D. and make six figures. Are you kidding me?

Strange as it seems, no amount of learning can cure stupidity, and formal education positively fortifies it. -Stephen Vizinczey

Wake up! Nobody is going to pay you a boatload of money because you spent a lot going to school. In the past, sure, MBAs ran the world. You don’t see much of that anymore. Job markets have changed. People don’t work at the same company for 30-plus years anymore, either.

Here’s my suggestionss:

  • Look for some “relevant” experience. Waiting tables may pay but it’s hard to get your dream job with it.
  • Do something creative; use the right side of your brain. The MFA is the new MBA. (see: Dan Pink, Tom Peters)
  • Do what you’re passionate about. If you don’t know what that is yet, go dabble and figure it out.

…just don’t plan on getting an MBA next year. Most colleges don’t even admit students without experience.

9/9/2005

Read Between the Lines

Filed under: — 12:58 am

George’s Employment Blawg has a great little joke about “reading between the lines“.

Bob Smith, my assistant programmer, can always be found
hard at work in his cubicle… more.

I found it through Heather’s blog.

8/23/2005

Big Three Say ‘Don’t Poach KPMG’

Filed under: — 12:03 am

With the recent issues the audit firm is facing, the other big four see some issues with poaching (going after the clients and employees):

The three largest U.S. accounting firms ordered their partners not to poach clients or personnel from smaller rival KPMG LLP while it is under federal scrutiny for allegedly selling abusive tax shelters, people familiar with the matter said. (Bloomberg)

Doing so would contribute to the firm’s collapse which would in-turn shake the accounting industry. Anti-trust would actually become one of the issues at that point.

…think of the additional burden. It’d be like Andersen all over again.

8/19/2005

Disney Investigating Labor Issues in China

Filed under: — 2:34 pm

Also from the WSJ:

Walt Disney Co. said Friday that it hired an auditor to investigate claims its Chinese contractors pay workers below minimum wage, demand excessive overtime and cheat labor monitors by faking pay slips.

In addition, a worker was apparently compressed to death by a machine…

…but hey, in other news, Hong Kong Disneyland is opening in a month!

6/7/2005

GM to Close Plants, Cut 25,000 Jobs

Filed under: — 6:34 pm

Reuters: General Motors Corp. expects to close more U.S. assembly and component plants over the next few years, slashing at least 25,000 manufacturing jobs as it battles high costs and shrinking market share, the company’s chief executive said on Tuesday.

Oh no… I can’t decide whether or not I feel sorry for the industry. Didn’t we see this coming though back when their stock plummited? When the company was down a billion dollars? Wagoner certainly had a number of upset shareholders to answer to at the annual meeting today.

Trivia: which stockholder wasn’t there? Mr. Krikorian…

6/5/2005

Accountant Grads in Demand

Filed under: — 1:55 pm

“The market is very, very robust, and so we need many, many accountants,” said Karen Glover, director of recruiting at Ernst & Young. “A great person will have many offers.”

Yahoo has an article on 2005 graduates and it’s nice to see I’ve picked a solid path. I suppose I can get things right every once and a while. So far I’ve got the coursework down. I have the accounting internship at Six Flags. Now all I need to do is become a great person. ;-)

PS: PricewaterhouseCoopers has invited me to San Diego for a leadership program this summer.

4/20/2005

Wal-Mart Criticised in NYT Ad

Filed under: — 5:31 pm

It’s shocking, I know. From Yahoo! (Reuters):

An organization opposed to Wal-Mart Stores Inc. took out a full-page newspaper advertisement on Wednesday that accuses the world’s biggest retailer of costing U.S. taxpayers some $1.6 billion a year. The advertisement in The New York Times says Wal-Mart’s low pay and benefits forced tens of thousands of employees to seek government aid in the form of Medicaid, food stamps and housing assistance.

Hehe, yeah, but how much have those people saved on a daily basis by shopping at Wal-Mart?

..he says, tongue-in-cheek…

Read the Disclaimer before acting on any information found here.
All content and materials Copyright ©2006, Blog News Channel - Powered by WordPress