How can software companies such as Logica win the war for talent Essay

How can software companies such as Logica win the war for talent - Essay Example Hence, there is no correlation between innate skills and top performance. â€Å"Practice makes perfect,† it is always true that perfection comes through practice. Talent can be developed to a very great level. Over the recent past, the IT industry has seen an incredible increase in hiring because of the growing trend towards outsourcing. Large IT companies are growing in their employee number. Many companies have put forth new concepts and ideas to win the war for talent. In today’s knowledge economy, a company’s talent force greatly determines the company’s success in the market. But it is highly difficult to retain or attract skilled employees. Though the senior management in major companies believes that winning the war for talent is highly complex, few do believe that the steps taken in today’s IT world will surely help in winning the war for talent. We will discuss below on how the quest for the rightly skilled talent has been dealt with by man y major software companies (Elizabeth et al. 2007) across the globe. The War for Talent Talent is something that is worth fighting for. It is always tough to retain superior talents. This has always been the case in most of the software companies. This results in the shortage of skilled staff to work on major assignments. The war for talent starts right from the junior level up to the senior management. Companies can win this chiefly by elevating talent management. Though many companies have taken this seriously, there are others who have already started facing troubles finding or retaining skilled workforce. This would be a great challenge even for large companies. There are various reasons for this: (a) Today’s most complex economy demands high-level talent with technological literacy, ability to manage work pressure during crisis, entrepreneurial skills, etc. (b) The emergence of smaller companies which target the same skilled workforce that are sought by larger companies. Smaller companies pull in more executive talent giving them greater opportunities in terms of money and growth. (c) Also the tendency to shift jobs frequently has increased amongst executives recently. This was not the case in early times when a talented executive would have changed employers just once or twice in his/her entire career. (d) In the past few years, executive talent has been given the least priority by many large organizations. It is only recently that larger companies have started to visualize problems that could emerge if they were short of skilled force. Companies have now started becoming conscious of retaining their talents and have understood that employees are their key assets. This pictorial representation below shows the various reasons that make employees to switch over companies (Michaels 2001). Building Talent Most companies do agree that they need to have the right talent in the right place. Companies generally apply the strategy of talent acquisition, pr ogress and retention. They seek ways to make sure that they have the right talent that is needed to boost their company’s performance in future. Enhancing the skills of their workforce is the best way companies opt to build and retain their skilled force. This is the fundamental for the growth and strength of any organization. By understanding and doing best to improve the skills in-house, companies will be able to gather talented, motivated and energized workforce. It is the

Elasticity Paper Essay Example for Free

Elasticity Paper Essay Introduction A consumer walking through the grocery store intent on purchasing the necessary ingredients for a peanut butter and jelly sandwich notices the prices for all brands of peanut butter are higher than expected. Will this consumer choose to not purchase peanut butter and buy bread and jelly only? By raising the price of peanut butter the retailer risks selling less bread and jelly in addition to reduced peanut butter sales. If the same consumer went to another grocery store and found only one brand of peanut butter priced higher than the others, the elasticity principle of substitution will apply. The consumer will pick a different brand of peanut butter and follow his original plan to purchase bread and jelly. Complementary Products Complementary products are, goods used in conjunction with other goods (Colander, 2013, pg.136). The law of elasticity in relation to complementary products shows that when the price of a product increases or decreases it will have an impact on the demand for complementary products, in this case resulting in lower sales of those products. In the example above the desired meal is a peanut butter and jelly sandwich. The elasticity in the price of peanut butter will force the consumer to spend more money and buy the peanut butter with its complementary products of jelly and bread. If the elasticity of the price increase is too great for the consumer and the consumer chooses to purchase tuna fish, jelly manufacturers will see reduced sales. Manufacturers and retailers must understand the relationship between their products and the complementary products of their product. Another example of complementary products is an ink jet printer and the ink cartridges (Living Economics, 2013). The l aw of demand states that when the price of an inkjet printer falls, then the quantity demanded will rise. When consumers purchase  more printers, then more ink will be purchased. On the other hand, when the price of the printer increases, quantity demanded will decrease leading to fewer printer purchases, also leading to a reduction in ink cartridge purchases. In both instances when prices increase consumers will look for substitute products. Substitute Products Demand for a substitute product is determined by timeframe, the degree of luxury, and the importance on ones budget (Colander, 2013, pg. 130). A substitute is a good with a positive cross elasticity of demand. In practice, this means that its demand will increase when another products price increases. For example, Coke and Pepsi represent major rivals, and when Coke introduces a price increase, the need and demand for Pepsi will increase. Consumers will substitute when one product in competition with another chooses to increase their price, as shoppers typically choose the lower price. â€Å"The more substitutes a good has, the more elastic is its demand† (Colander, 2013, pg. 131). Some consumers will agree that generic store brand products easily replace more expensive name brand products. When the prices for name brand products rise, consumers will switch to the generic brands in order to save money. The demand for the name brand products is very elastic at that point. Conclusion â€Å"Cross-price elasticity of demand is defined as the percentage change in demand divided by the percentage change in the price of a related good† (Colander, 2013, pg. 136). The result of positive cross-price elasticity is represented by goods consumers substitute when their desired product is too expensive. Consumers will find substitutes for most products, and competition is a good thing for consumers. When the result of cross-positive elasticity is negative, complementary products will see a decrease in demand for those products. Reference Colander, D. C. (2013). Microeconomics (9th ed.). New York, NY: McGraw- Hill/Irwin. Living Economics, (2013). Complements and substitutes. Retrieved from http://livingeconomics.org/article.asp?docId=289

Personal Narrative- Improved Writing Essay -- Personal Narrative

My first real writing experience happened my junior year at HHS. It was the second to last day of school of my sophomore year, and I happened to be flipping through the course descriptions book, and was thinking of an English class to take next year. Well, I sat there and sat there thumbing through the pages, and finally, one particular class appealed to me. I thought, "WOW, this is a class I should take!" "Yeah right," but I still decided to register for American Lit.anyway. Well, the school year finally ended, and I wasn’t too happy for next year’s school year to begin. "I mean, American Lit. was going to be boring with all the reading, not to mention all the writing, too." But I didn’t consider the writing to be a big problem, because I had gotten to be pretty good at it by my junior year, or so I thought. To move on, the summer didn’t last long enough for me. I had tons of fun being at the cabin, fishing and stuff. But the thought of going back to school bothered me, so that kind of ruined my summer. And before I knew it, I was lying in bed the night before my first day of "hell" tossing and turning all night because I knew I was doomed for the next nine months of my life. "Finally," I said as I woke up after two hours of sleep, "let’s get this over with." I ran out the door without breakfast, and I was already fifteen minutes late by the time I got to school. I walked into my first class. It sucked. I walked into my second class, and that also sucked! American Lit. was next. "I don’t even know why I registered for this," I thought as I strolled into the classroom and took my seat way in the back. The teacher then walked in and said her name was Ms.Schmidt. "Man, she looks pretty damn old," I said under my bre... ...o work through this nasty theme habit. "Now that we have gone over pretty much everything I know about writing a good paper," my teacher said after six months of afterschool sessions, "I want you to write one paper for me, one that will show me my time wasn’t wasted with you." So I went back to my very first paper on Hester Prynne, and rewrote it. I came back the next day, turned it in, and anxiously awaited her comments. "What is takin’ so long for her to read my frickin’ paper?" I asked myself. Fifteen minutes later she was finally done. "My time wasn’t wasted with you. This paper shows me your creativeness as a writer. How you related Hester Prynne’s character to someone you know was really interesting. This paper held my attention throughout its’ entirety. I can’t say enough about your dramatic improvement in writing. I am really proud of you, Alex." Personal Narrative- Improved Writing Essay -- Personal Narrative My first real writing experience happened my junior year at HHS. It was the second to last day of school of my sophomore year, and I happened to be flipping through the course descriptions book, and was thinking of an English class to take next year. Well, I sat there and sat there thumbing through the pages, and finally, one particular class appealed to me. I thought, "WOW, this is a class I should take!" "Yeah right," but I still decided to register for American Lit.anyway. Well, the school year finally ended, and I wasn’t too happy for next year’s school year to begin. "I mean, American Lit. was going to be boring with all the reading, not to mention all the writing, too." But I didn’t consider the writing to be a big problem, because I had gotten to be pretty good at it by my junior year, or so I thought. To move on, the summer didn’t last long enough for me. I had tons of fun being at the cabin, fishing and stuff. But the thought of going back to school bothered me, so that kind of ruined my summer. And before I knew it, I was lying in bed the night before my first day of "hell" tossing and turning all night because I knew I was doomed for the next nine months of my life. "Finally," I said as I woke up after two hours of sleep, "let’s get this over with." I ran out the door without breakfast, and I was already fifteen minutes late by the time I got to school. I walked into my first class. It sucked. I walked into my second class, and that also sucked! American Lit. was next. "I don’t even know why I registered for this," I thought as I strolled into the classroom and took my seat way in the back. The teacher then walked in and said her name was Ms.Schmidt. "Man, she looks pretty damn old," I said under my bre... ...o work through this nasty theme habit. "Now that we have gone over pretty much everything I know about writing a good paper," my teacher said after six months of afterschool sessions, "I want you to write one paper for me, one that will show me my time wasn’t wasted with you." So I went back to my very first paper on Hester Prynne, and rewrote it. I came back the next day, turned it in, and anxiously awaited her comments. "What is takin’ so long for her to read my frickin’ paper?" I asked myself. Fifteen minutes later she was finally done. "My time wasn’t wasted with you. This paper shows me your creativeness as a writer. How you related Hester Prynne’s character to someone you know was really interesting. This paper held my attention throughout its’ entirety. I can’t say enough about your dramatic improvement in writing. I am really proud of you, Alex."

Internship with Credit Analysis

Met people from different departments, asked on the Job they perform. I and another trainee passing internship in ORBS had an Introductory meeting, where our supervisors explained Bank structure, its goals and objectives. . During the whole period of internship in Retail Unit, I have learned a lot about the RAM, about Bank products, on how to find potential customers, how to keep them loyal to the Bank, what procedures and legal documentation to set the deal. I was introduced to Asset Sales and RAM work. Worked under the supervision of Senior Relationship Manager, observed the working processes of other units: Customer Service Unit (CSS), Sales Department and Retail Transfer Operations.Assisted on indoor meeting, as well as on meetings with clients, worked on client base, learned how managers evaluate credit risk RAM – is a relationship Manager, who's main responsibilities are client search and client support. Now I have realized that in any organization, as well as in the ban k, customer relationship is very important, as I would like to say, RAM is the first step of all major banking operations. 3. Remained time I conducted in Corporate Department. Assisted on evaluation of the credit risk analysis of the company, under the supervision of employees. Learned how to make a credit risk analysis: consolidated balance sheet analysis with all ratios required, market analysis.Benefits to the Student: great opportunity to learn and practice in the sphere of finance and banking business ; learn how to use financial modeling in practice ; life experience of working with real financial documents ; work in the real business environment, under the time pressure The colleagues showed high cooperation in sharing their experience and deep knowledge in the operations of ORBS. The skills and theoretical knowledge acquired on the finance courses in SKIMP was of great value, and I found them very effective in performing my duties and responsibilities. The main difficulty f aced during the internship process was the Iterance AT languages AT study (Engel's) Ana ten language AT ten company's documents and operations (Russian).However, this was not a big obstacle because my colleagues helped me to understand and learn the translations and meanings of Russian financial and accounting terms. This internship gave me such benefits as real life banking experience, new skills. I have seen the operations of the bank from different points, I've been in different departments during the internship, get accustomed to the variety of Jobs in the Bank, learned the structure, the culture, the goals and objectives. I learned how to evaluate credit risk of both private and corporate customers. Recommendations and suggestions: I would recommend students to take an internship instead research projects or substitute courses, in order to have a working experience before the graduation that will help them more easily get into gear.

Realization from the film Muriel’s Wedding

Muriel’s wedding is a tragic-comedy film written and directed by P.J Hogan. This Australian film conveys various aspects related with change.   The main concepts of change seen from this movie are change in perspective and in attitude within the persona, ensuing from the understanding of whom you are and how to get there. Muriel's wedding reveals these concepts through Muriel's discovery of herself, and realizing that real life still continue to possess different trials that needs be overcome in order to achieve real growth. Muriel Heslop, a hopeless romantic, overweight girl who lives in Porpoise Spit, Australia, with her parents and four siblings. Muriel lives her life in the fantasy world of Abba song and dreaming about getting married. She thinks that getting married is the best way for her to find the perfect happiness. Muriel's character is not that positive. She has a low self-esteem and she looks herself as useless being. She lies, she steals and even tries to change her own identity, but in the end, she realized that all the things she had done would not give her the happiness her looking for. Muriel life in Porpoise Spit is miserable. Her relationship to her family is quite undesirable. Bill Heslop, Muriel’s father, is a corrupt politician who is completely despicable man. He always tries to impress people with his connection and still manage to find his time to degrade his family. His slogan â€Å"You Can't Stop Progress† but he manages to stop the progress of everyone in his family, by labeling them as useless and embarrassment, except for Muriel. On the other side, Betty, Muriel’ mother, a painstakingly frightened woman who is treated by her children l and husband like a slave. Like Muriel, her mother was also arrested for stealing. Betty looked to be very lonely and unattached to reality herself because she gets all the blame from Muriel’s father for Muriel stealing their money. Betty died, a speculated suicide, after Muriel’s father wants to have a divorce to live with someone he is having an affair. Both Muriel and her mother appeared to have a lot in common as far as the ability to separate their selves from reality. Another major character in the film was Rhoda, an old friend of Muriel from school that she meets on the trip. They both to get along with each other, then, Muriel realized that now she has more confident in herself and found someone who can call her a real friend. Rhoda has her own problem, she has a cancer and confined on a wheelchair and having her own crisis identity. Although Muriel and Rhoda are always having fun, still Muriel is unhappy because she really thinks that getting married will give her the prefect happiness. So, with the help of Rhoda, Muriel change her identity by changing her name to Mariel. Then, eventually, she got married to an Olympic swimmer who only needs to have an Australian passport. Muriel think that she got the best option because she thinks that she’s hitting a bird in one stone, living in her fantasy of being a bride and wife and at the same time getting money to pay her father back. This perception of Muriel is like a â€Å"falsification of view†; that being a wife is all that she needs because her parents will also be happy, and at the same time, she can live her friend. But when Muriel’s mother died, she came into realization that everything she’ve done really doesn’t give her the happiness she is looking for. She also realized that she never loved her husband at all. She wants to stop lying. She don’t want to â€Å"Mariel† anymore which she created when she was in Sydney. She ended up finding again her happiness in Sydney by helping her friend, Rhoda. She too helped her father realize the mistakes he had made with them. All these she did through discovering her identity (happiness). She no longer needed to be â€Å"Mariel†, Muriel found herself, Muriel. She was always there inside herself not knowing she was inside because she was just too busy looking inside of her fantasy world. Reference: Ebert, Roger.Muriel’s Wedding.March,1995. http://rogerebert.suntimes.com/apps/pbcs.dll/article?AID=/19950317/REVIEWS/503170304/1023   

The eNotes Blog De-stress and Take Finals At the SameTime!

De-stress and Take Finals At the SameTime! If youre a student,  you know that the coming of spring is both a blessing and a curse. On the one hand, the sun is coming out of hiding (if only a little bit at a time), the temperature is higher, and the days are longer; it becomes more and more difficult  to focus on schoolwork when the spring air is calling  you outside. But then, on the other hand, you have the most dreaded of exams: the  final exams. Everything youve learned over the past year/semester/quarter is all coming back to you- and youre expected to regurgitate all of that knowledge back on paper. No, thanks? Unfortunately, we students dont have a choice about participation this season. But fear not!  If youre  properly prepared, both by studying and  by taking care of yourself, you will be able to tackle the week with relatively little stress. Its a commonly held belief that during the week of finals students hole up in the library, pulling all-nighters and studying for hours on end, subsisting on Cheetos and Snack Packs. Well, actually, it turns out that if you want to test like the champion you are, you really might want to start doing almost the opposite of that. We at have done a little surveying of high school/college students and had a look at what some experts had to say, and weve compiled a list of some strategies to make finals week a little more bearable. Verify the Details This tip is important even before you start studying. Make sure you ask your teacher(s) at least a couple weeks in advance about what sort of test you should be preparing for; the knowledge you focus on for a multiple choice exam is different than what you should be prepared to answer in essay/short-answer format. In the former, prepare more factually-based study notes, (flashcards are great), to ensure that you have quick recall for the types of questions youre likely to see. In the case of essay questions, make an effort to understand foundational concepts and be able to explain them. Also important (but  overlooked with surprising regularity) is verifying the time and location  of your test. Though maybe not as expected  in high school, college exams often take place in a different room and/or at a different time than your normally scheduled class. This seemingly randomized scheduling is also common in AP testing, so double-check with your teachers to avoid a stressful snafu. Experiment with Study Strategies A lot of people, students and professionals alike, often stick with the so-called tried and true approach to work and studying- that is,  the idea that if you spend enough time trying to pound the material into your head, eventually it will stick. This is a common misconception. Unfortunately (or actually maybe fortunately, as that method is nothing short of exhausting), trying to jam-pack information into your head is not the most effective way to get  your brain to retain information. According to research, the human brain is not designed to focus narrowly on a single concept for long stretches of time; really any more than an hour is pushing it. It is recommended for individuals to designate an hour to spend on a specific subject, and follow this intensive period with a break from the material at hand. Using this on-and-off method, your ability to retain  information will not only increase, but the repetition of class materials will help the studies set in your mind. Note: these breaks are most effective when they involve getting up and moving around, at least a little bit. Get Some Exercise Many students see finals week as an opportunity to forego regular exercise on the grounds that they simply dont have time. In reality, that point is only halfway valid (sorry to say). Maybe you dont have the time to devote to a regular gym session or soccer practice (or whatever it is you do to get the blood flowing), but there are a whole bunch of ways that you can incorporate some movement on the fly. For starters, theres always the option of going on a brisk little walk. After all, its springtime now, and who doesnt like basking in some sunshine? If the weather is still crummy and/or you have allergies and/or you dont like the light of day, there are lots of online pages devoted to office exercises or workouts that one can do at a desk. They arent intensive, but when you find yourself in a slump, a quick fix can often be as simple as getting a little more blood flow up to the cranium.  The Washington Post  put together  twelve office workouts (with positively hilarious animations) to guide you through the motions. Eat Well As  with the aforementioned lack of exercise, testing season often has a way of encouraging students to break out the snack food and pizza. Dont get me wrong, snack foods and pizza are great, but only in that ol moderation we all hear too much about. It seems  that these foods, particularly the processed ones, are full of cheap carbs that the body digests quickly, resulting in a short-lived burst of energy followed by the desperate need for a nap. The last thing you need when youre trying to learn something is to have your body imagining a nice, cozy bed or even the floor of the library- people sleep there, too. Eating healthy food is always a good idea, but it really is particularly beneficial when it comes time to use your brain. Instead of packaged snacks, plan ahead and bring fresh vegetables, fruits, some nuts, and really anything else with nutrients that take longer for the body to break down. Typically, the more nutritionally dense foods take longer to go through your system, meaning youre less likely to be distracted by hunger five minutes after eating. *Also crucial: eat a hearty and healthy meal before you walk into the exam for the same reason; no matter how well you know the material, you wont be able to focus when your stomach isnt in the game. Get Some Sleep Go to bed on time! That is yet another piece of advice all students have heard a million times and brushed off with a laugh: Who has time for that? As a student myself, I know how easy it is to say that youll catch up on sleep later or three hours will be fine, when you have a big project due- but the truth is, youre hurting your performance as much as youre hurting yourself. The pre-exam all-nighter is almost  a rite of passage, but how about we make this generation the one to put that tradition to rest? Short of sleeping through your exam, not getting enough sleep before the big test is one of the worst things you can do. A lack of sleep can wreak havoc on your brains ability to not only store new information, but even recall information you thought youd already been familiar with. That is to say, even if you did all the right things, spaced out your studies, and learned all you needed to know, when exam day comes along and you havent had enough sleep, you just might forget everything. Silence the Social Media This piece of advice is another one that seems like a no-brainer, but really is a lot more difficult than it sounds. Social media is everywhere, if you hadnt noticed, and unplugging it is nearly impossible. My father even said that he wasnt sure how good of a student he would be in this day and age when even our methods of study (AKA the World Wide Web) can serve as an outstanding source of distraction (puppy videos as far as the eye can see). But the difficulty involved in ignoring these distractions doesnt detract from how important it is to distance yourself from them. Studies show us that the brain is incapable of dividing its attention between too many things at once; the maximum number of subjects we can supposedly concentrate on is around seven, but even then, youre unlikely to retain any of the stimulus youre getting. For that reason, if on one tab you have a study guide and on another you have puppy videos (and dont forget some incoming texts, Instagram notifications, tweets, etc.), chances are, your studying will suffer for it. Now, who wants to spend hours studying to get half the benefit? If that doesnt sound good to you, put the phone down. Friends Sometimes (sometimes), studying with friends can be a wonderful thing. Having pre-arranged study plans can keep you from procrastinating or taking too long of breaks, and you could feel encouraged by your friends study habits and want to follow their example. However, some people are better  equipped to work in groups than others. If youre one of those people who is motivated by the presence of comrades, then by all means, schedule a study session! But, if youre someone who cant help but chat with your friends, even with textbooks splayed out before you, you might be better off holing up on your own. The Occasional Treat This last piece of advice  is semi-contradictory to most of what is outlined  above. For the vast majority of your study-week, the prescribed advice will serve best to see you through the stress, but that being said, sometimes you really do just need to give yourself a break. Maybe you need longer than a ten-minute rest. Maybe you need some downtime to chat with friends. Or maybe a long, intensive gym session will do you some good. Every so often, treating yourself is not only to be expected, but its also a very good thing. Focusing on business is certainly important, but without reprieve from the demands of studying and grades, you just might start to feel a little hopeless. So, if after a long period of studying and nibbling on carrots you feel that you need to take yourself out for a coffee and a banana nut muffin- go ahead! Treat yoself.

Beat or Beatnik essays

Beat or Beatnik essays Beats and Beatniks - two terms, conventionally related, but worlds apart in actuality. They represent almost total opposites and yet they are linked in the American conciousness in as intimate a way as possible. And what better way to study something than by comparing it to its opposite? And in that study we shall find and define two roles that, though entwined, are drastically different. The term beat was first used by Jack Kerouac in 1948 while talking to his friend Clellon Holmes: "So I guess you might say we're a beat generation." Holmes later wrote an article for the New York Times Magazine, entitled "The Beat Generation," saying: "The origins of the word 'beat' are obscure, but the meaning is only too clear to most Americans. More than mere weariness, it implies the feeling of having been used, of being raw. It involves a sort of nakedness of mind, and, ultimately, of soul; a feeling of being reduced to the bedrock of consciousness. In short, it means being undramatically pushed up against the wall of oneself. A man is beat whenever he goes for broke and wagers the sum of his resources on a single number; and the young generation has done that continually from early youth." ('This Is the Beat Generation':Despite its excesses, a contemporary insists, it is moved by a desperate craving for affirmative beliefs. By CLELLON HOLMES. New York Times. New York, N.Y.: Nov 16, 1952. pg. SM10, 4 pgs) Soon Ginsberg and Kerouac were emphasizing the "beatific" qualities of the word, making of it a mystical, transcendental experience. Ginsberg explained, "The point of Beat is that you get beat down to a certain nakedness where you actually are able to see the world in a visionary way, which is the old classical understanding of what happens in the dark night of the soul." (Scumacher, Dharma Lion, p. 261) Howl led the way; Kerouac's On the Road followed with unprecedented media attention; Burroughs' Naked Lunch, banned and vilified, brok...