Recent studies on a group called the millennials – children born at the turn of the millennium, and their attitude and trends in the workplace. This digitally-savvy generation is addicted to instant communication via social networking and mobile phones and prefer job-hopping for greener pastures to staying in a certain post for decades like older generations. Despite the misconceptions that surround them, the study shows how they can be recruited and trained to perform better through mobile recruiting and the continuous feedback that is social media. Besides, a majority of today’s workforce does comprise of Millennials and it would be a shame if their raw talent and motivation to perform remains an untapped resource just because their work ethic is unconventional.
Don’t judge a book by its cover - something that has been taught universally in every primary school. Whatever courtesy humans have extended to printed paper does not seem to apply to race and skin colour. Recent cases in the US have claimed that the judiciary system is tampered with and that only a farce of a trial has ever been conducted for African-Americans. This seems to be true to all levels of life, from businessmen to homeless teenagers. In fact, studies reveal that traffic police are more likely to ask for a driver’s licence if the driver is black than other wise, and they are quicker to pull the trigger on an unarmed human if he is a man of colour.
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As an entrepreneur, it is mandatory to keep on top of the latest trends, whether they have a direct influence on the company or not. To be stagnant in a set of rules will never guarantee a spot among the stars. Start changing; embrace changes even in the small things. The market will always be in a constant state of change and business ideals that reflect those changes will be the ones to flourish. It may be trying to give up something that has held fast all these years, especially in family businesses, but the time for change is now. It may not have to be radical and extremely conspicuous but a slight reorganization or a remodel will never be amiss.
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