Absolutely essential, print out, learn...
Useful for evaluation questions
Good for elasticity
Evaluation questions you could practice
Showing posts with label Business Studies. Show all posts
Showing posts with label Business Studies. Show all posts
Business Studies
Some students are not sure what to write about. Why not comment on these business ideas or these trends? The whole aim is to improve your English.
The recession - what about other countries?
According to the Telegraph....
Britain: The economy was flat in second quarter, with 0pc growth, and shrank by 0.6pc in the third quarter. Official figures on Friday show it is now in recession after contracted by a bigger-than-expected 1.5pc in the final quarter of 2008. Unemployment stood at 6.1pc at the end of November.
United States: The US economy grew by 0.7pc in the second quarter and contracted by 0.1pc in the third quarter. Fourth-quarter numbers are expected to show the economy shrank by 1.2pc. Unemployment stood at 7.2pc in December.
Japan: The Japanese economy shrank by 1pc in the second quarter and by a further 0.5pc in the third quarter. The fourth quarter is forecast to show a 2.75pc decline as the country's export manufacturing industry suffered from the global downturn. Unemployment stood at 3.9pc in November.
China: The Chinese economy grew by 9pc, on an annual basis, in the third quarter and by 6.8pc in the fourth quarter. Forecasts for a 6.8pc rise for the year in 2009 could come under pressure as the markets for China's exports contract. Unemployment stood at 4pc at the end of December.
Germany: The German economy is already in recession, declining by 0.4pc in the second quarter and 0.5pc in the third quarter. Forecasts show it shrank by between 1.5pc and 2pc in the fourth quarter, as like Japan, manufacturing exports were badly hit. Unemployment stood at 7.6pc in December.
France: The French economy shrank by 0.3pc in the second quarter but recovered to rise 0.1pc in the third quarter. Economists estimate it shrank by 1pc in the final quarter. Unemployment stood at 7.3pc at the end of the third quarter in September.
Business Studies: Let's geta few things straight...
There are many people who visit here without actually commenting. Sometimes I get anonymous emails giving abuse. Very very occasionally I get teachers willing to commit themselves to written evidence saying that they 'agree'.
Much of the abuse is based on previous articles in newspapers. (What's the fuss - I get triple that now...) Jealousy abounds. It was thought impossible that someone could teach 100+ hours a week and still get stupendous results.
Not true.
It takes energy, enthusiasm and application. A willingness to fly against those who have a vested interests in slowing down a syllabus to sell more, reap more and, only for the cliques, release the questions in advance.
What do the emailers agree about?
That Business Studies (the whole A level - and that was before it was further watered down in 2008) is possible quite easily after four lessons.
BUT - that doesn't mean it HAS to be done in that time.
Business Studies is interesting.
It is fascinating
So is Economics
So is Sociology
Education (for pupils) is about extending your interests.
For teachers - surely - it is the same. I do not go to school to teach. I go to learn and to share that learning with pupils. I learn from pupils about Islam, I learn about 'Skins', I learn about philsophers in the East, the West, I learn about Business Practices worldwide. I learn about potential; I learn about success.
I also try and help pupils achieve potential. I try and help them explore but only - at best - as a guide. Not as a font of knowledge.
Business Studies (and Economics and Sociology) allow you to explore, to investigate, to enquire. I teach skills that encourage you to question, to argue, to debate, to investigate and then to reach conclusions. Not conclusions set in stone but conclusions you are willing to defend, able to defend but also able to change in the light of incontrovertible evidence.
I also like to foster links. I do not AIM to forge links merely if they happen, then fine. I do not have things to sell (well, at least not in this blog but if you really want to know then visit this site where I raise money for charity or this site where I raise money for me.)
I welcome comment; I welcome debate but most of all I welcome participation. If someone chooses to invite me/my pupils to discuss/debate then of course I welcome that.
Much of the abuse is based on previous articles in newspapers. (What's the fuss - I get triple that now...) Jealousy abounds. It was thought impossible that someone could teach 100+ hours a week and still get stupendous results.
Not true.
It takes energy, enthusiasm and application. A willingness to fly against those who have a vested interests in slowing down a syllabus to sell more, reap more and, only for the cliques, release the questions in advance.
What do the emailers agree about?
That Business Studies (the whole A level - and that was before it was further watered down in 2008) is possible quite easily after four lessons.
BUT - that doesn't mean it HAS to be done in that time.
Business Studies is interesting.
It is fascinating
So is Economics
So is Sociology
Education (for pupils) is about extending your interests.
For teachers - surely - it is the same. I do not go to school to teach. I go to learn and to share that learning with pupils. I learn from pupils about Islam, I learn about 'Skins', I learn about philsophers in the East, the West, I learn about Business Practices worldwide. I learn about potential; I learn about success.
I also try and help pupils achieve potential. I try and help them explore but only - at best - as a guide. Not as a font of knowledge.
Business Studies (and Economics and Sociology) allow you to explore, to investigate, to enquire. I teach skills that encourage you to question, to argue, to debate, to investigate and then to reach conclusions. Not conclusions set in stone but conclusions you are willing to defend, able to defend but also able to change in the light of incontrovertible evidence.
I also like to foster links. I do not AIM to forge links merely if they happen, then fine. I do not have things to sell (well, at least not in this blog but if you really want to know then visit this site where I raise money for charity or this site where I raise money for me.)
I welcome comment; I welcome debate but most of all I welcome participation. If someone chooses to invite me/my pupils to discuss/debate then of course I welcome that.
Economics, Business Studies and Sociology students
Following yesterday's lesson on index numbers etc read this.
Now complete this....
The ONS supply a guide: How to use the Personal Inflation Calculator (85Kb - Pdf)
Post the results in your blog.
Role play for:
Lower income
Middle income
Upper income
Now complete this....
The ONS supply a guide: How to use the Personal Inflation Calculator (85Kb - Pdf)
Post the results in your blog.
Role play for:
Lower income
Middle income
Upper income
Homework: ALL Business Studies students
Download this
Then, before next week:
a. read the whole case study making sure you understand all the terms
b. create a timeline i.e. you want to know what happened, when
Make sure you bring the case study to class.
Then, before next week:
a. read the whole case study making sure you understand all the terms
b. create a timeline i.e. you want to know what happened, when
Make sure you bring the case study to class.
Debt factoring and Invoice discounting
Debt factoring involves selling your invoices to a third party. In return they will process the invoices and allow you to draw loans against the money owed to your business. Essentially, these companies provide a debt collection and ledger management service.
It is commonly used by businesses to improve cashflow but can also be used to reduce administration overheads. Businesses that supply this service are called factors or debt factoring companies.
Invoice discounting is an alternative way of drawing money against your invoices. However, your business retains control over the administration of your sales ledger. As well as providing finance, which is probably the main attraction, it offers valuable support services and credit insuranceSource here
Also...
- How debt factoring works
- Advantages and disadvantages of factoring
- What makes a business suitable for factoring?
- Recourse factoring and non-recourse factoring
- Invoice discounting
- The cost of factoring and invoice discounting
- Export factoring
- How to choose a factor
- Here's how debt factoring improved my cashflow
Today is the worst day of the year!
I know that because of this:
The model is: [W + (D-d)] x TQ
M x NA
The model is: [W + (D-d)] x TQ
M x NA
The equation is broken down into seven variables: (W) weather, (D) debt, (d) monthly salary, (T) time since Christmas, (Q) time since failed quit attempt, (M) low motivational levels and (NA) the need to take action.
See how the Daily Mail updated it...
Then read about the Corporate Whore...
That's just one way to make money out of Maths!
Then....
"Did you study maths at school? Did you wonder why you were doing it? What did you do with your maths afterwards? Most people assume the only way you can use maths to earn a living is to become an accountant or something dreadful like that! Nothing could be futher from the truth! Mathematics is not just a means of working out your household finances - it is a complete philosophy for looking at the universe and everything that is in it. More has been learned about the origin of the cosmos from theoretical physics (a branch of mathematics) than from astronomy. Medicine has nothing whatever to say about the working of the brain - that is the province of quantum mechanics (a branch of mathematics). Biologists have sequenced the human genome and they know the amino acids the sequences encode but they don't have clue how the code actually works - that is the province of information theory (a branch of mathematics). And for absolutely dead sure, economists don't have the first idea what drives the financial markets!! Perhaps the mathematicians do....."
Then you can learn how to make money out of Maths.
Perhaps even tutoring online...
Business Studies homework
Here are seven team building activities
You’ve recruited the individual members of your team. You’ve established your goal. You’ve developed a plan and a timeline. Now the trick is to get all those unique individuals working together toward the same goal. Given the varied personalities, communication skills and personal agendas individual members bring with them to the team, getting your team to work cooperatively can be a challenge.
Try these team building exercises to get your team off on the right foot.
- Scrambled Jigsaw. Before the team arrives, place a jigsaw on each table. To manage the time element, use large-piece children’s puzzles of 100 pieces or so. Remove 5 pieces from each puzzle and move them to another table. As the team arrives, divide members among the tables. Instruct teams to fully complete their puzzle, by any means, in the shortest amount of time possible. As puzzles are completed and teams realize pieces are missing, they will be forced to negotiate with other teams to complete their puzzle. This exercise promotes flexibility, communication, negotiation and cooperation.
- Creative Assembly. Purchase 3-D punch-out wood dinosaur puzzle kits. Divide the team into groups of 2 to 4. Without comment or instruction, give each group the unpunched puzzle pieces, one complete puzzle per group. Do not let the group see the boxes, pictures or instructions or in any way identify what you have given them. Instruct each group to assemble its project, telling them they can only use what is in front of them. You’ll get some interesting and creative constructions, a lot of laughter and some good natured frustration, particularly with the winged dinosaur kits. When time is up, ask each group to describe its construct. In this exercise, creative thinking, brainstorming, problem-solving, cooperation and consensus will certainly get a workout.
- Slight of Hand. Divide team into groups of 4 to 6. Hand each group 4 tennis balls. Tell them each person must handle all 4 balls in the shortest time possible. Do this several times, each time asking, “How can you do it faster?” This exercise will progress from the obvious passing of the balls down a line, to around a circle, to some interesting ball drops and hand swiping. Your team will practice cooperation, quick thinking and creative problem solving in this exercise.
- Going Up. Divide team into groups of 2 to 6. Give each person one 8 1/2” x 11” sheet of paper and one 5” strip of masking tape. Instruct each team to build the tallest possible free-standing structure. This exercise promotes cooperation, creative thinking, problem-solving, consensus, leadership and division of labor.
- Gnome Dome. Divide the team into groups of 2. Give each group 20 gumdrops and 12 toothpicks. Instruct each group to build a dome. Problem-solving, creative thinking, cooperation (and possibly snacking) will be practiced during this exercise.
- Poisonous Web. Stretch a piece of rope across a door frame, securing it to the frame or connecting wall with duct tape. You’ll need two pieces of rope, one 3 feet off the ground, the other 4 1/2 feet off the ground. You are creating a “window” 18 inches wide that you describe to the team as a “poisonous spider web.” The team must work together to get all members through the opening without touching the ropes. They must go through, not under or over the ropes. If a team member touches either rope, the entire team must go back to the beginning and try again. This exercise builds cooperation, leadership, creativity and problem-solving. It also forces team members to trust and depend on each other.
- Hang Ups. Hand each person a wire coat hanger. Tell the group they may work individually or create their own groups. Instruct them to make something useful from their coat hanger. Set a time limit of 5 to 15 minutes. Ask each person/group to describe his “tool” and its use. This exercise will indicate which of your team members are natural leaders or born socialites as well as which are more shy and may need to be drawn out when working with the group
For the class to progress, fast, efficiently and for the gifted pupils to learn more then perhaps those slowing down progress - through attitude and ability - should be jettisoned. Maybe streaming.
But that is not a possibility. No-one can be moved from the class. There cannot be a change of venue or teacher or subject. You cannot take A2 when on an AS course.
And yet you recognise that you - a Generation Y person, as a gifted person - will personally lose out if nothing is done.
So something must be done. Some sort of team-building. So those with a poor attitude, a lazy performance, of low ability and/or hampered by poor English will realise that if they slow everyone down then they'll still be bottom, still be last but also they'll end up with no qualifications at all. If they try really hard the worst that can happen is that they don't get the grade A that reveryone else gets - they just get a B. A B is good enough.
So, something must be done. The question is - what?
Answer in your blog.
Homework outstanding - Business Studies
Homework One : Internet explorer
Homework Two: Generation Y
Homework Three: Mnemonics
Homework Four: Factoring
Homework Five: Business Internet
Homework Six: Million Dollar Blogger
Homework Seven: Sources of Finance
Homework Eight: Business Management
Homework Nine: Mind Mapping and Reading
Homework Ten: Numerical Questions
Homework Eleven : Evaluation questions
Homework Twelve: Setting up a Diptiy timeline
Homework Thirteen: Team building/Generation Y, the Gifted person
Words/Communication
Sometimes what a person says and actually means are not the same thing. Look at this advertisement...
But it's a lot worse when advertisements claim something that is an outright lie....
CINCINNATI - Don't expect to see much of Smilin' Bob anytime in the near future.
You know Bob: He's the guy at the suburban pool party who loses his trunks, and when he climbs out, all the women point and stare at his (unseen) cock, while other men look vaguely fearful - or who looks supremely confident watering his lawn with a large hose, and all the neighbors whisper about how much he's changed recently ... since he started taking Enzyte, "the once-daily tablet for natural male enhancement."
Of course, the stuff doesn't work - none of these non-prescription "supplements" actually increase the length or girth of a penis beyond its normal erect state - and Steve Warshak, owner of Berkeley Premium Nutraceuticals, which manufactures Enzyte, found out yesterday just how much his fraudulent advertising of the product is going to cost him. Based on Warshak's conviction last February on 93 counts of mail fraud, bank fraud, conspiracy and money laundering, U.S. District Judge S. Arthur Spiegel sentenced him to 25 years in prison, fined him $93 million, and forfeited $459 million - that's nearly half a billion dollars - of his and his company's assets to the government. By comparison, as the Wall Street Journal's Dan Slater notes, WorldCom's Bernie Ebbers got 25 years, while Enron's Jeff Skilling got 24 years and four months. Somehow, the guy who makes phony sex drugs just doesn't seem quite that culpable.
Read the rest of the article here
But it's a lot worse when advertisements claim something that is an outright lie....
CINCINNATI - Don't expect to see much of Smilin' Bob anytime in the near future.You know Bob: He's the guy at the suburban pool party who loses his trunks, and when he climbs out, all the women point and stare at his (unseen) cock, while other men look vaguely fearful - or who looks supremely confident watering his lawn with a large hose, and all the neighbors whisper about how much he's changed recently ... since he started taking Enzyte, "the once-daily tablet for natural male enhancement."
Of course, the stuff doesn't work - none of these non-prescription "supplements" actually increase the length or girth of a penis beyond its normal erect state - and Steve Warshak, owner of Berkeley Premium Nutraceuticals, which manufactures Enzyte, found out yesterday just how much his fraudulent advertising of the product is going to cost him. Based on Warshak's conviction last February on 93 counts of mail fraud, bank fraud, conspiracy and money laundering, U.S. District Judge S. Arthur Spiegel sentenced him to 25 years in prison, fined him $93 million, and forfeited $459 million - that's nearly half a billion dollars - of his and his company's assets to the government. By comparison, as the Wall Street Journal's Dan Slater notes, WorldCom's Bernie Ebbers got 25 years, while Enron's Jeff Skilling got 24 years and four months. Somehow, the guy who makes phony sex drugs just doesn't seem quite that culpable.
Read the rest of the article here
Making money out of Obama
I cannot wait to watch Barack Obama's inauguration all snuggled up on my brand new Ikea sofa. I did not really need a new sofa. But I saw Ikea's US "Change Begins at Home" advertisements and it dawned on me: what better way to celebrate the swearing in of America's first black president - a man who came to power on a platform of change - than to buy a couch from a Swedish flatpack furniture supplier?
Obviously my great hope and optimism will sustain me throughout the inauguration. But in case I need something else, I will also be ladling great spoonfuls of Ben & Jerry's Yes Pecan ice cream down my gullet. After all, if you cannot get hope from a tub of frozen dessert, where can you get it?
At first I thought QVC shopping channel had gone on the blink - it looked more like Sky News, with its steady stream of pictures of the great man. But no, it turns out a new president is just a gigantic merchandising opportunity served with a side order of politics.
Why, you can even buy an Obama sex toy. Marketed under the slogan: "You love your candidate, let him love you back", it stands at 7½ ins tall, and is 2ins in diameter. If you look closely, you can make out the Democrat's facial features on the waterproof helmet.
As companies topple daily like skittles, there is a frenzied rush of ridiculous products and mad marketing campaigns from power generators to doughnuts, hoping to profit from the Obama bounce. In trying to create products in his image, most end up with a patched-together Frankenstein's monster.
Take the coffee company that has created "Blend 44: Beans you can believe in." This draws on the Kenyan and Hawaiian roots of the president-elect (soon to be America's 44th president, hence the coffee's name). But the best twist is that they have also thrown in two "Colombian coffee varietals". These reflect Mr Obama's study at Columbia University (which is in New York) and his District of Columbia address (in Washington) - two regions that are nowhere near Colombia in South America.
Such tortuous inventions are enough to make me turn to bingo. But even the great British game of housie is not safe from the dark forces of marketers. Gala Bingo has created "Bing-Obama". What is the connection? Apparently Mr Obama's 67-year-old stepmother, Kezia from Bracknell in Berkshire, who lends her name to the game, is a "keen bingo fan".
Source: www.ft.com
Homework: Business Studies
Is Internet Explorer a monopoly?
How do Firefox compete? And what about Google chrome?
"Is Google Chrome a IE killer (or for that matter Firefox/Opera/Safari killer)? I think that this depends on a number of factors. First off, what tangible features/benefits will it offer the end user? These have to go way beyond tabs running in separate processes and such intangibles and deliver real and compelling reasons for users to shift browsers. If Google can make Chrome a small download, make is no-fuss to install and make it so that people find it easy to use, and if Google can deliver on the promise of it being fast, reliable and secure, then we could see the other players having to scramble to knock together far better browsers than they’ve been shipping so far."
Read more here....
Also - Sleipnir?
In fact how do you compete against Google?
Also check this out....
While you're looking at Google etc look at these knols.
Read this extended article from the knols...
How do Firefox compete? And what about Google chrome?
"Is Google Chrome a IE killer (or for that matter Firefox/Opera/Safari killer)? I think that this depends on a number of factors. First off, what tangible features/benefits will it offer the end user? These have to go way beyond tabs running in separate processes and such intangibles and deliver real and compelling reasons for users to shift browsers. If Google can make Chrome a small download, make is no-fuss to install and make it so that people find it easy to use, and if Google can deliver on the promise of it being fast, reliable and secure, then we could see the other players having to scramble to knock together far better browsers than they’ve been shipping so far."
Read more here....
Also - Sleipnir?
In fact how do you compete against Google?
Also check this out....
While you're looking at Google etc look at these knols.
Read this extended article from the knols...
Lectures at LSE
- Designing Policies for Growth
Date: Monday 19 January 2009 6.30pm
Location: Old Theatre, Old Building
Speaker: Professor Philippe Aghion - Regulating doctors and the custody of virtue
Date: Tuesday 20 January 2009 1.00pm
Location: H615 (CARR seminar room), Connaught House
Speakers: Professor Mary Dixon-Woods; Chair: Professor Sally Lloyd-Bostock - All That It Was... All That It Is
Date: Tuesday 20 January 2009 1.05pm
Location: Shaw Library, Old Building
Speaker: Andrew Jackson - Designing Policies for Growth
Date: Tuesday 20 January 2009 6.30pm
Location: Old Theatre, Old Building
Speaker: Professor Philippe Aghion - World War Two: behind closed doors
Date: Tuesday 20 January 2009 6.30pm
Location: Hong Kong Theatre, Clement House
Speaker: Laurence Rees - Thinking Like a Social Scientist: a lecture by Professor Robin Mansell
Date: Wednesday 21 January 2009 1.05pm
Location: U8, Tower 1
Speaker: Professor Robin Mansell - How is China Powered for its Economic Growth – can we learn any lessons from it?
Date: Wednesday 21 January 2009 4.00pm
Location: D302, Clement House
Speaker: Dr Guy S. Liu - The Islamic Republic of Iran and the GCC States: Thirty Years of Revolution and Realpolitik
Date: Wednesday 21 January 2009 4.30pm
Location: S78, St Clements Building
Speaker: Dr Stephanie Cronin - Oral Epic and the Idea of National Literatures in Europe: Hasanaginica, Herder and Vico
Date: Wednesday 21 January 2009 6.00pm
Location: Room 1.15, New Academic Building
Speaker: Professor Joep Leerssen - The Incompatibility of Science and Religion
Date: Wednesday 21 January 2009 6.30pm
Location: U8, Tower 1
Speaker: Professor John Worrall - Georgia: has Europe let Russia off the hook?
Date: Wednesday 21 January 2009 6.30pm
Location: Hong Kong Theatre, Clement House
Speaker: Professor Salome Zourabichvili, Sabine Freizer - The Reality of Hope: Obama and Europe after the Election
Date: Wednesday 21 January 2009 6.30pm
Location: Sheikh Zayed Theatre, New Academic Building
Speakers: Robert Kagan, Charles Grant, Robin Niblett; Chair: Professor Mick Cox - Designing Policies for Growth
Date: Wednesday 21 January 2009 6.30pm
Location: Old Theatre, Old Building
Speaker: Professor Philippe Aghion - Translating an organizational form: The case of Indymedia
Date: Thursday 22 January 2009 12.30pm
Location: New Academic Building 1.18
Speaker: Professor Andre Spicer, Chair: Professor Jude Howell - Alexandra Dariescu (piano)
Date: Thursday 22 January 2009 1.05pm
Location: Shaw Library, Old Building
- The Great Transformation: how China changed in the long 1970s
Date: Thursday 22 January 2009 6.30pm
Location: Old Theatre, Old Building
Speaker: Professor Chen Jian - Liberal Fascism: the uses and abuses of the F-word
Date: Tuesday 27 January 2009 6.30pm
Location: Hong Kong Theatre, Clement House
Speaker: Jonah Goldberg - The Shifting Distribution of World Economic Activity: China and global imbalance
Date: Tuesday 27 January 2009 6.30pm
Location: Sheikh Zayed Theatre, New Academic Building
Speaker: Professor Danny Quah - China and the Rule of Law: no quick fix
Date: Wednesday 28 January 2009 2.00pm
Location: D202, Clement House
Speaker: Katie Lee - Bad Science
Date: Wednesday 28 January 2009 6.30pm
Location: Sheikh Zayed Theatre, New Academic Building
Speaker: Dr Ben Goldacre - Is Global Democracy Possible?
Date: Wednesday 28 January 2009 6.30pm
Location: Old Theatre, Old Building
Speaker: Professor Daniele Archibugi, Professor Michael Cox, George Monbiot - Adrian Ward (tenor), Simon Lepper (piano)
Date: Thursday 29 January 2009 1.05pm
Location: Shaw Library, Old Building
- China 2009: the critical year of China’s economy
Date: Saturday 31 January 2009 9.15am
Location: Hong Kong Theatre, Clement House
Speaker: Dr. Kerry Brown, Dr. Kent Deng, Professor Paul Herrling, Professor Athar Hussain, Professor Zhang Jun, Professor Peter Nolan, Daniel Pearson, Professor Danny Quah, Dr. Paul Sheng, Gabriel Stein, Professor Wang Yiming and Professor Arne Westad
How to keep Generation Y motivated?
Business Studies homework:
"Half of the workforce is now made up of younger generations, those we like to call Generation X, Gen Y or New Millennials. What’s a Baby Boomer to do when faced with the task of training these youngsters?The first step is to understand what this new group of workers values in life.Time. It’s precious and belongs to them. Staying late at work is crazy.Technology. No, they will not put down their iPhone for a second, it is a part of who they are.Loyalty. Younger generations are more loyal to a single person than to an entire organization. If they don’t like the boss they have, they’ll change jobs to find a new one.Find out a few things from your younger employees:What do they want to gain from their jobs and bosses?How do pay and benefits affect their loyalty?What motivates them at work?How important is it to keep their job? If they’re still living with mom and dad, rent free, it may not be on the top of the list.The job market is uncertain and always changing in the eyes of these young employees. Show them that your company is a secure place to be and that they are valued. A little bit of understanding may be all it takes to keep every generation at your company happy."
Source:
Read this.....on Generation Y.
Listen to this podcast and then write it up in your blog....
"Half of the workforce is now made up of younger generations, those we like to call Generation X, Gen Y or New Millennials. What’s a Baby Boomer to do when faced with the task of training these youngsters?The first step is to understand what this new group of workers values in life.Time. It’s precious and belongs to them. Staying late at work is crazy.Technology. No, they will not put down their iPhone for a second, it is a part of who they are.Loyalty. Younger generations are more loyal to a single person than to an entire organization. If they don’t like the boss they have, they’ll change jobs to find a new one.Find out a few things from your younger employees:What do they want to gain from their jobs and bosses?How do pay and benefits affect their loyalty?What motivates them at work?How important is it to keep their job? If they’re still living with mom and dad, rent free, it may not be on the top of the list.The job market is uncertain and always changing in the eyes of these young employees. Show them that your company is a secure place to be and that they are valued. A little bit of understanding may be all it takes to keep every generation at your company happy."
Source:
Read this.....on Generation Y.
Listen to this podcast and then write it up in your blog....
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