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Training industry news

Top manufacturers place high importance on talent, skills management

October 6, 2009 14:00 by Ann Pace
Results of a new study released on October 5, People & Profitability – A Time For Change, commissioned jointly by Deloitte, The Manufacturing Institute and Oracle, indicate an ongoing need for manufacturers to embrace new and progressive talent strategies in order to maintain profitability and stay competitive in the future. The report serves as a supplement to the 2005 Skills Gap Report issued jointly by Deloitte, the National Association of Manufacturers (NAM) and The Manufacturing Institute. 

The study, conducted in May 2009, analyzes the future importance and current performance of people management practices relative to a manufacturer’s business success. It also reveals the challenges manufacturers are facing with talent shortages and offers strategies to address them.

Read the full article.


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Categories: Research | The Economy

India: Bird's eye view of executive education in the country

September 24, 2009 12:30 by Ann Pace
(New Delhi) -- To gain an edge in a world where rapid globalisation, changing consumer attitudes, closely integrated markets are commonly bandied

phrases, today's managers have to keep learning continuously, not only from their jobs but also through formal pedagogy. This is where the role of executive management programmes steps in.

Several new institutes and organisations cater to the rising demand of training of executives, as opposed to predominantly fresh graduates that enroll into B-schools. And, the enrolment numbers at executive education programmes is only going higher by the day. Take for example NIIT Imperia, which was set up in the year 2006 to address the demand for executive training.

Now, has a presence in 8 cities; and it has aggressive plans to be present in 75 cities by 2010! Other than the big players like IIMs and ISB, many other organisations and institutes like HughesNet Global Education, Apeejay School of Management, IGNOU, Reliance Webworld, NIS Sparta, 24 x 7 Learning and U21 Global are growing rapidly too, and are offering various executive education programmes.

Read the full article.


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Categories: International | News

Amgen on Training and Development

July 21, 2009 16:00 by Ann Pace

Amgen CEO interview with Fortune says cutting training and development is not an option.

Watch the interview.


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Categories: The Economy

Categories: The Economy
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How to Manage Temporary Employees

July 14, 2009 16:28 by Ann Pace

In today's job market, more companies are turning to temporary staffing firms for the flexibility temp employees offer to mange projects, fill gaps, or cover for full-time employees on leave.

With budgets tight in this economy, it makes sense to spend a little time upfront preparing for a 'project' or temporary employee, to maximize the productivity you receive for your dollar.

Supervising regular employees already poses many challenges, such as motivation, morale, and productivity, to name just a few. Add to that the additional demands of including temporary employees on your team, and the dynamic within your department, as well as your management workload, can shift significantly.

The following tips can help you to increase the commitment level from this contingent workforce.

Read the full release.


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Categories: The Economy

Categories: The Economy
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Survey: Fortune 500s Need New Crisis Response

March 26, 2009 21:15 by jllorens

NEW YORK--(BUSINESS WIRE)--Senior executives at many Fortune 500 companies spanning a wide range of industries are missing key opportunities for cost containment and revenue growth during the current recession, finds a recent survey by Booz & Company. The management consulting firm surveyed 155 senior executives at Fortune 500 companies and found widespread concern that traditional cost-containment measures are falling short during this downturn, as well as clear evidence that new approaches are needed.

The survey found that chief executives and other senior managers are struggling with the downturn’s scope, timeline, and solutions and often trying to apply traditional solutions to a very non-traditional recession. Ninety-two percent of senior respondents cited “constantly changing objectives due to unstable economic conditions” as a major challenge to achieving their cost-reduction goals. This indicates that such unusual economic circumstances may leave senior executives stymied about implementing new solutions with any degree of certainty that they will work.

As a result, many companies are turning to traditional spending cuts and layoffs. Almost 40% of companies surveyed are focused on cost reduction alone, and most senior managers have already exercised their default plans. Measures such as across-the-board cuts, working capital management, marketing spend reductions, and renegotiating purchasing contracts have been widely employed among respondents. Since these measures typically realize significant savings within six to eight months, they are often the first actions taken by companies during downturns.

(Read the entire release.)


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Categories: The Economy

Categories: The Economy
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Hays: Office Mgrs Bring Added Value to Business

March 19, 2009 14:41 by jllorens

London, UK (PRWEB) March 18, 2009 -- Hays, specialist recruiter, has announced that although the market for senior office managers has slowed during the last quarter, opportunities still exist for suitably qualified applicants, particularly in the professional and public services sectors.

Competition for office manager jobs (http://www.hays.com/officesupport/OfficeManager/ ) may have intensified in the current marketplace as the number of applicants per role has increased. "Market conditions are dictating salary levels and job volumes at present but demand still exists for the most highly skilled and experienced office managers," said Geoff Collings, Regional Director at Hays Office Support.

Applicants need to be flexible, in terms of salary, location and industry sector. Employers are looking at their costs carefully but jobseekers can improve their chances of securing a role by looking outside their immediate industry sector. Geoff continued, "It is definitely worth considering smaller and medium sized enterprises, which may still be growing."

Senior office managers with the broadest range of skills are best positioned to succeed in the current market, as employers can benefit from the commercial experience that they can bring. "Those candidates who can demonstrate quantifiable examples of the value they bring to a business are sought after. Examples include procurement, tenders and contract negotiations, which can help save costs, drive efficiencies and impact profitability," explained Geoff.    

As firms look to restructure and merge roles, there is a requirement for individuals who have experience across a range of areas and office managers can fit the bill perfectly. Facilities management, procurement and contract management, secretarial management and first line IT support can all fall under the remit of the senior office manager.

Versatility is a major plus but employers are also looking for first class people management skills, people that can stay calm under pressure and are natural problem solvers. "Office managers need to think on their feet and be approachable, have excellent prioritisation skills and liaise with internal and external stakeholders alike," Geoff emphasised.

While recruitment activity for senior office managers has slowed across the UK, there are some excellent opportunities for the right jobseekers. Continuing professional development and enhancing skills by taking on a range of responsibilities are important factors in the current climate. "We would urge all applicants to update their CVs and make sure they list all their relevant experience, as employers are being more selective in their hiring," concluded Geoff.

(Read the original release on PRWeb.)


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Categories: News

Categories: News
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Mid-Level Leadership Crucial to Productivity and Employee Trust

February 10, 2009 11:15 by jllorens

(Atlanta, GA, PRWEB, Feb 10, 2009) The global economic contraction followed by massive lay-offs has left talent management teams reeling. Under this kind of pressure, it is difficult to make informed decisions around choosing the most effective leaders - those who can to do more with less. A new assessment suite from PreVisor, the Supervisor and Front Line Manager Solutions, may supply some answers. Organizations can now have a complete and immediate picture, efficiently and cost effectively through advanced technology, of employees being hired for or moving into mid-level leadership roles.

PreVisor, the global leader in employment assessments and talent measurement solutions that connect employment decisions to business results, developed the new products with input from client research partners who were instrumental in providing real-world feedback. These partners reported consistently positive results drawn by comparing the assessment scores to job performance ratings, which validated the effectiveness of the solution.

(Read the entire article.)


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Categories: The Economy

Categories: The Economy
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Blue Cross to help fund training plan

February 3, 2009 11:23 by jllorens

(Jeffrey Krasner, The Boston Globe, February 3, 2009) Blue Cross and Blue Shield of Massachusetts said it is donating $250,000 to help five area hospitals train their trustees in how to keep healthcare costs down.

Douglas Crapser, chief operating officer at Harrington Memorial Hospital in Southbridge, said in a statement that the program will help it "build and enhance the expertise of the board and management in quality improvement and safety improvement programs."

Other participating hospitals are Beth Israel Deaconess Hospital in Needham, Winchester Hospital, Lowell General Hospital, and Emerson Hospital in Concord.

The grant follows a similar program, completed last year, in which Blue Cross funded five other hospitals to help their boards set ambitious goals for quality improvement.

The hospitals in the new program are expected to contribute $25,000 apiece to the training effort. They will also hire a consultant to work with senior management and trustees. Blue Cross officials said they hope the program will help control healthcare cost increases by improving the quality of care and reducing unnecessary treatment.

 

 


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Categories: News

Categories: News
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