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Posts Tagged ‘Finance’

2010-11-16 We Are The Network: Is Offshoring a Race to the Bottom or Race to the Top?

November 14th, 2010 No comments

Is Offshoring a Race to the Bottom or Race to the Top?

Please join our global discussion group
every Tuesday at 12pm noon U.S. Pacific / 3pm Eastern time

This Tuesday, Nov 16 at the Epoch Institute in Second Life

Click here to teleport to the Epoch Institute in Second Life
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This Week’s Topic

Is Offshoring a Race to the Bottom or Race to the Top?

The debate about offshoring, the practice of moving jobs to other countries—usually with the objective of lowering costs—raises consistent and harsh debate. There are arguments about whether offshoring is “good” or “bad” and whether it creates problems or enhances the local job market. A presumption of many is that by offshoring lower-end jobs, this will be a race to the top for the country sending work overseas, as more people can focus on the higher value “race to the top” jobs. Others claim that this is merely a short term gain which will generate a “race to the bottom” globally, leaving a wider gap between rich and poor, and further centralizing power.

Is offshoring a race to the bottom, or a race to the top? What will the short, mid and long-term results of continued globalization and offshoring look like?

Join us Tuesday at 12PM noon U.S. Pacific / 3pm U.S. Eastern time for an interactive discussion, and thanks for being part of “We Are The Network”!

If you do not have a Second Life account and would like a quick start to attend the session, please contact me for more information.

Best regards,

Joel

Reading links below – have fun and see you soon! Read more…

2010-08-10 We Are The Network: Why is the “Economic Recovery” of 2010 Jobless?

August 8th, 2010 No comments

Aug 9, 2010 – added links:
NY Time Op-Ed by Timothy Geithner “Welcome to the Recovery”
CS Monitor by Bill Bonner “Welcome to the Recovery? No, Mr. Geithner, the Twilight Zone.”
Human Capital League by Gautam Ghosh “10 Ways Work will Change over the Next Decade”

Why is the “Economic Recovery” of 2010 Jobless?

Please join our global discussion group
every Tuesday at 12pm noon U.S. Pacific / 3pm Eastern time

This Tuesday, Aug 10th at the Epoch Institute in Second Life

Click here to teleport to the Epoch Institute in Second Life
http://maps.secondlife.com/secondlife/Wells/97/56/27

This Week’s Topic

Why is the “Economic Recovery” of 2010 Jobless?

The “economic recovery” of 2010 has been good for Wall Street and the financial markets, and essentially non-existent for jobs, housing valuations, foreclosure and personal bankruptcy rates. Unlike recent recessions, where job recovery lagged, but could be measured in months, predictions suggest that a return to previous unemployment levels will likely take years.

Why is this recovery jobless in a long-term, persistent fashion that has not been seen for decades? Pointing at one symptom or cause at a time makes good press. It makes good politics. It is also a highly simplistic view of the problem .

What are the key trends and drivers for the jobless nature of this recovery? What part of the jobless nature of the recovery is due to offshoring, technology, global wage and cost inequity, politics, the behavior of financial institutions or are the key drivers elsewhere entirely?  Is the current state of the job market an indication of a very slow recovery, or of the start of a double-dip? Will the jobs lost be recovered, or is job recovery based on creation of new job markets (that themselves will not be supplanted by technology)?

Some commentary points to the elimination of middle class job opportunities as an outcome of current trends. If that is the case, will the restructuring stop there, or is this the start of a continuing erosion that will wipe out jobs at ever-higher levels of the work complexity and skills pyramid, until only a small fraction of careers are left?

Join us Tuesday at 12PM noon U.S. Pacific / 3pm U.S. Eastern time for an interactive discussion, and thanks for being part of “We Are The Network”!

If you do not have a Second Life account and would like a quick start to attend the session, please contact me for more information.

Best regards,

Joel

Reading links below – have fun and see you soon!

Read more…

Why Ducking ROI Questions Hurts Your Career, and What You Should Do Instead

April 5th, 2010 1 comment

The Hidden Return on Investment Discussion

There is an untold perspective, amid the blizzard of posts and comments about measurement of, inability to measure, or the non-sensical nature of measuring ROI (return on investment) for projects. When you are asked “what is the ROI of this?” you are often being asking a set of questions—only one of which has anything to do with money, investment or returns.

An effective response to an ROI question requires an understanding of the organizational view of ROI. Absent an awareness of the organizational view, answers may be seen as disingenuous and evasive. Neither attempting to divert a reasonable question, nor attempting to demonstrate that there is no basis for the question are productive strategies, regardless of the language used to disguise the maneuver.

There is a better, more productive path to answering questions about Read more…

2009-12-29 We Are The Network: Part 2 – Working Measures Of Virtual World Engagement and ROI

December 27th, 2009 1 comment

We Are The Network logo 300“Part 2—Working Measures Of Virtual World Engagement and ROI”

Please join us for a discussion every Tuesday at 12PM noon SL (US Pacific Time)

This Tuesday, Dec 29th, we will be at the Epoch Institute in Second Life

Click here to teleport to the Epoch Institute in Second Life

This Week’s Topic

Part 2—Working Measures Of Virtual World Engagement and ROI (Return On Investment)

People on seesawIn our last session, we attempted to arrive at key measures to determine “The ROI” and “Virtual World Engagement” for virtual world and social media projects. I say “attempted” because we ended up with a variety of different positions and views on what constitutes the value center for engagement and ROI. Ultimately we decided that there is no single measure of value or ROI (other than dollars at the end game for business projects which could be measured in multiple ways, and measurable improvement of some sort for educational and social action projects.)

At the close of the discussion there was strong consensus that we needed another session on this topic. Actually it was closer to “we are going to continue this,” and so we will!

We decided that the path to metrics is to build a catalog of prototypical goals for various project scenarios in business, education and social action, with the premise that this will lead to some specific measures.

Please bring Read more…

2009-10-20 We Are The Network: “Economic Recovery… But What Is The New Normal?”

October 18th, 2009 No comments

Please join us for a discussion every Tuesday at 12PM noon SL (US Pacific Time)WeAreTheNetwork-istock-titled.001.150x88

This Tuesday, October 20, we will be at the Epoch Institute in Second Life
Click here to teleport to the Epoch Institute in Second Life

This Week’s Topic

Wall Street says that according to technical indicators the economic recession is over, and that we are in recovery, yet the jobless numbers continue to climb, and we all know that “things are not normal by any stretch of the imagination”.

What is going on with this recovery?  It seems that the nature of work is changing in front of us.  The kinds of companies that are becoming high fliers are in areas that didn’t exist just a few years ago.

What fallout have we not yet seen?  Current estimates suggest that job losses will continue to rise throughout 2010, and that housing prices aren’t at the bottom yet.

Where do we think the recovery is recovering “to”?  Will typical employment yield to task and project-based consulting?  The impact of the “instant communication globally networked society” is still being figured out, with multiple professions becoming unsustainable, and others appearing.  What will the new normal look like?

Join us Tuesday at 12PM noon SL, and thanks for being part of “We Are The Network”!

Best regards,

Joel

Reading links below – have fun and see you soon!

Read more…

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