7 Steps of Your Career Ladder

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Author :
Publisher :
ISBN 13 : 9781943702527
Total Pages : 135 pages
Book Rating : 4.7/5 (25 download)

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Book Synopsis 7 Steps of Your Career Ladder by : Rodrigo Martineli

Download or read book 7 Steps of Your Career Ladder written by Rodrigo Martineli and published by . This book was released on 2017-10-07 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many professionals do not have a solid career plan in place, moving from one unplanned job to the next. You should not let this happen to you.7 Steps of Your Career Ladder helps you take full control of your career success by showing you how to define your objectives, leverage your strengths, latch onto unexpected opportunities, and determine your own North Star career goal. This is the career guidance book you need to jump-start your career, no matter where you are at the moment job wise. Full of career building tips and tools, 7 Steps of Your Career Ladder is a practical career guide book to help you define a career pathway that enhances your odds of landing that dream job that¿s in the back of your mind. Each chapter introduces a reflective exercise and finishes with specific action steps designed to help you determine your career path. 7 Steps of Your Career Ladder is written by Rodrigo S. Martineli, a successful international executive in a Fortune 50 company where he ran a multi-billion dollar business and the founder of the Career Ladder Institute. He has been coaching mid-level leaders, individual contributors, and senior executives on strategic career planning for over 10 years.

Moving Up in the New Economy

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Author :
Publisher : Cornell University Press
ISBN 13 : 1501727184
Total Pages : 268 pages
Book Rating : 4.5/5 (17 download)

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Book Synopsis Moving Up in the New Economy by : Joan Fitzgerald

Download or read book Moving Up in the New Economy written by Joan Fitzgerald and published by Cornell University Press. This book was released on 2018-07-05 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The United States used to be a country where ordinary people could expect to improve their economic condition as they moved through life. For millions of us, this is no longer the case. Many Americans today have a lower standard of living as adults than they had in their parents' homes as children.... This book is about restoring the upward mobility of U.S. workers. Specifically, it addresses the workforce-development strategy of creating not just jobs, but career ladders."—from Moving Up in the New Economy Career-ladder strategies create opportunities for low-wage workers to learn new skills and advance through a progression of higher-skilled and better-paid jobs. For example, nurses' aides can become licensed practical nurses, administrative assistants can become information technology workers, and bank tellers can become loan officers. Career-ladder programs could provide opportunities for upward mobility and also stave off impending national shortages of skilled workers. But there are a variety of obstacles that must be faced candidly if career-ladder programs are to succeed. In Moving Up in the New Economy, Joan Fitzgerald explores specific programs in different sectors of the economy—health care, child care, education, manufacturing, and biotechnology—to offer a comprehensive analysis of this innovative approach to job training. Addressing the successes achieved—and the problems faced—by career-ladder programs, this timely book will be of interest to anyone interested in career development, workforce training, and employment issues, especially those that affect low-wage workers.

The Future-Proof Workplace

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 111928757X
Total Pages : 242 pages
Book Rating : 4.1/5 (192 download)

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Book Synopsis The Future-Proof Workplace by : Linda Sharkey

Download or read book The Future-Proof Workplace written by Linda Sharkey and published by John Wiley & Sons. This book was released on 2017-03-20 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Face the future on the crest of the wave while the rest are pulled under The Future-Proof Workplace is a survival guide for the new realities of business. The future is no longer some far-off destination; it is here, right now, and already changing the way we work. Historically, the sea-changes have advanced humanity and inspired us to reach even further; from the Dark Ages to the Age of Enlightenment, from agrarian to industrial societies—and today is no different. But only those who are ready for the changes will come out thriving. This book highlights the changes already taking place around us: the transition from skills to knowledge, the neuroscience approach to leadership and motivation, galloping technical advances, and more. Whether you're a CEO, a leader or manager, or just trying to survive the chaos, this invaluable guide is your wake-up call—the future is now. The new forces emerging must be understood now if your organization is to succeed. This book details the transformation every business must make to turn upheaval into opportunity. Discover how emerging technologies and neuroscience research are already impacting the way we work Learn how yesterday's biases are being replaced by modern values, culture, and relationships Consider the "heart" of your organization, and whether it can stand up to the purpose-driven paradigm of the future Find new achievement in the new organizational structure, and examine models that are already emerging Everyone knows that changes are needed—and fast. The question is: which changes, and how? The Future-Proof Workplace maps the transformation, and gives you an itinerary for each step of the way.

The Job Ladder

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Author :
Publisher : Oxford University Press
ISBN 13 : 0192867334
Total Pages : 464 pages
Book Rating : 4.1/5 (928 download)

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Book Synopsis The Job Ladder by : Gary S. Fields

Download or read book The Job Ladder written by Gary S. Fields and published by Oxford University Press. This book was released on 2023-03-30 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access title available under the terms of a CC BY-NC-SA 3.0 IGO licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Based on studies of a range of countries in the Global South, this book examines heterogeneity within informal work by applying a common conceptual framework and empirical methodology. The country studies use panel data to study the dynamics of worker transitions between formal and heterogeneous informal work and present a comparative perspective across developing countries in Asia, Latin America, Sub-Saharan Africa, and North Africa and the Middle East. Each study provides a nuanced view of informality, dividing workers into six work statuses: formal wage-employees, upper-tier informal wage-employees, lower-tier informal wage employees, formal self-employed, and upper-tier informal self-employed. Based on this common conceptual framework, the country studies examine the distribution of workers across each of these work statuses, and document transition patterns across different formality and work statuses. The panel data analysed in each country study provide a basis for making statements about labour market transitions that are not warranted when using comparable cross-sections. The studies also examine the individual- and household-level characteristics associated with workers in each work status. Using these characteristics, each study constructs a 'job ladder' that ranks each work status, and then examines the characteristics of workers that are associated with transitions up (and down) the job ladder.

Forever Employable

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Author :
Publisher :
ISBN 13 :
Total Pages : 106 pages
Book Rating : 4.6/5 (257 download)

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Book Synopsis Forever Employable by : Jeff Gothelf

Download or read book Forever Employable written by Jeff Gothelf and published by . This book was released on 2020-06-15 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: After spending the first 10 years of his career climbing the corporate ladder, Jeff Gothelf decided to change his approach to staying employed. Instead of looking for jobs, they would find him. Jeff spent the next 15 years building his personal brand to become a recognized expert, consultant, author and public speaker. In this highly tactical, practical book, Jeff Gothelf shares the tips, tricks, techniques and learnings that helped him become Forever Employable. Using the timeline from his own career and anecdotes, stories and case studies from other successful recognized experts Jeff provides a step-by-step guide to building a foundation based on your current expertise ensuring that no matter what happens in your industry you'll remain Forever Employable. This handy guide to your career and professional development shows you how to create your own content, use it to build your expertise and credentials and then scale it to build a continuous stream of income, interaction and community. As organizations seek to reduce costs, automate tasks and increase efficiency, how do you ensure you don't end up outside of those plans? Forever Employable shows you how so that you're always ready for the next step in your career. Reduce your stress, build your community, monetize your platform -- that's being Forever Employable.

How to Land a Top-Paying Federal Job

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Author :
Publisher : AMACOM Div American Mgmt Assn
ISBN 13 : 0814401848
Total Pages : 306 pages
Book Rating : 4.8/5 (144 download)

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Book Synopsis How to Land a Top-Paying Federal Job by : Lily WHITEMAN

Download or read book How to Land a Top-Paying Federal Job written by Lily WHITEMAN and published by AMACOM Div American Mgmt Assn. This book was released on 2008-09-08 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive guide to landing one of the hundreds of thousands of jobs filled each year by the nation''s largest employerOC the U.S. government."

The Holloway Guide to Technical Recruiting and Hiring

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Author :
Publisher : Holloway, Inc.
ISBN 13 : 1952120489
Total Pages : 336 pages
Book Rating : 4.9/5 (521 download)

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Book Synopsis The Holloway Guide to Technical Recruiting and Hiring by : Osman (Ozzie) Osman

Download or read book The Holloway Guide to Technical Recruiting and Hiring written by Osman (Ozzie) Osman and published by Holloway, Inc.. This book was released on 2022-01-10 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Learn how the best teams hire software engineers and fill technical roles. The Holloway Guide to Technical Recruiting and Hiring is the authoritative guide to growing software engineering teams effectively, written by and for hiring managers, recruiters, interviewers, and candidates. Hiring is rated as one of the biggest obstacles to growth by most CEOs. Hiring managers, recruiters, and interviewers all wrestle with how to source candidates, interview fairly and effectively, and ultimately motivate the right candidates to accept offers. Yet the process is costly, frustrating, and often stressful or unfair to candidates. Anyone who cares about building effective software teams will return to this book again and again. Inside, you'll find know-how from some of the most insightful and experienced leaders and practitioners—senior engineers, recruiters, entrepreneurs, and hiring managers—who’ve built teams from early-stage startups to thousand-person engineering organizations. The lead author of this guide, Ozzie Osman, previously led product engineering at Quora and teams at Google, and built (and sold) his own startup. Additional contributors include Aditya Agarwal, former CTO of Dropbox; Jennifer Kim, former head of diversity at Lever; veteran recruiters and startup founders Jose Guardado (founder of Build Talent and former Y Combinator) and Aline Lerner (CEO of Interviewing.io); and over a dozen others. Recruiting and hiring can be done well, in a way that has a positive impact on companies, employees, and every candidate. With the right foundations and practice, teams and candidates can approach a stressful and difficult process with knowledge and confidence. Ask your employer if you can expense this book—it's one of the highest-leverage investments they can make in your team.

The Corporate Lattice

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Author :
Publisher : Harvard Business Press
ISBN 13 : 1422161781
Total Pages : 224 pages
Book Rating : 4.4/5 (221 download)

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Book Synopsis The Corporate Lattice by : Cathleen Benko

Download or read book The Corporate Lattice written by Cathleen Benko and published by Harvard Business Press. This book was released on 2010-08-03 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: With roots planted firmly in the industrial age, the corporate ladder has been the metaphor used to describe the prevailing one-size-fits-all model for success. At its heart, the ladder is derived from inflexible, hierarchical, organization models in which prestige, individual rewards, information flow, power and influence are tied to the rung each employee occupies. Yet the workplace as we know it is in transition -- evolving away from the linear, one-size-fits-all model of the corporate ladder toward a multidimensional approach that Cathy Benko calls the corporate lattice. This book will serve to widen an organization's strategic lens, representing a fundamentally new way to work and run a company. It offers a framework to help senior leaders and HR directors harness the talent in their company in a way that provides a strategic advantage, not only for recruiting but also for achieving and maintain better individual performance. In the bestselling book Mass Career Customization (Harvard Business Press/2007), Cathy Benko and Deloitte provided the breakthrough MCC dashboard for understanding the important variables of individual employees' career-life profiles, but she also coined a new metaphor -- the corporate lattice -- as a way to think about the changed career landscape. This book delves much deeper into the power of the lattice for organizations, fully exploring its contours and applying it to real-life practice throughout a company. It explores how the corporate lattice model creates value by: 1. Ensuring a flow of talent into and through the organization. 2. Increasing the efficiency of and return on organizational investments. 3. Improving financial and operating results through greater employee engagement. The three-part framework of the book presents specific ways managers and organizations can use The Corporate Lattice to manage talent, measure results, collaborate across teams, engage employees, and reor"

Good Jobs America

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Author :
Publisher : Russell Sage Foundation
ISBN 13 : 1610447565
Total Pages : 194 pages
Book Rating : 4.6/5 (14 download)

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Book Synopsis Good Jobs America by : Paul Osterman

Download or read book Good Jobs America written by Paul Osterman and published by Russell Sage Foundation. This book was released on 2011-09-01 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: America confronts a jobs crisis that has two faces. The first is obvious when we read the newspapers or talk with our friends and neighbors: there are simply not enough jobs to go around. The second jobs crisis is more subtle but no less serious: far too many jobs fall below the standard that most Americans would consider decent work. A quarter of working adults are trapped in jobs that do not provide living wages, health insurance, or much hope of upward mobility. The problem spans all races and ethnic groups and includes both native-born Americans and immigrants. But Good Jobs America provides examples from industries ranging from food services and retail to manufacturing and hospitals to demonstrate that bad jobs can be made into good ones. Paul Osterman and Beth Shulman make a rigorous argument that by enacting policies to help employers improve job quality we can create better jobs, and futures, for all workers. Good Jobs America dispels several myths about low-wage work and job quality. The book demonstrates that mobility out of the low-wage market is a chimera—far too many adults remain trapped in poor-quality jobs. Osterman and Shulman show that while education and training are important, policies aimed at improving earnings equality are essential to lifting workers out of poverty. The book also demolishes the myth that such policies would slow economic growth. The experiences of countries such as France, Germany, and the Netherlands, show that it is possible to mandate higher job standards while remaining competitive in international markets. Good Jobs America shows that both government and the firms that hire low-wage workers have important roles to play in improving the quality of low-wage jobs. Enforcement agencies might bolster the effectiveness of existing regulations by exerting pressure on parent companies, enabling effects to trickle down to the subsidiaries and sub-contractors where low-wage jobs are located. States like New York have already demonstrated that involving community and advocacy groups—such as immigrant rights organizations, social services agencies, and unions—in the enforcement process helps decrease workplace violations. And since better jobs reduce turnover and improve performance, career ladder programs within firms help create positions employees can aspire to. But in order for ladder programs to work, firms must also provide higher rungs—the career advancement opportunities workers need to get ahead. Low-wage employment occupies a significant share of the American labor market, but most of these jobs offer little and lead nowhere. Good Jobs America reappraises what we know about job quality and low-wage employment and makes a powerful argument for our obligation to help the most vulnerable workers. A core principle of U.S. society is that good jobs be made accessible to all. This book proposes that such a goal is possible if we are committed to realizing it.

The Unofficial Guide to Climbing the Corporate Ladder

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Author :
Publisher :
ISBN 13 :
Total Pages : 488 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis The Unofficial Guide to Climbing the Corporate Ladder by : Jack Griffin

Download or read book The Unofficial Guide to Climbing the Corporate Ladder written by Jack Griffin and published by . This book was released on 1999-12-20 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: How to get ahead in business today! Everyone in the business world needs to know the "rules of success", whether worker or management honcho. The problem is, those rules keep changing -- inside tips are a necessity! It's no longer enough to work hard to succeed -- being politically savvy, following the rules of business etiquette, and knowing the secrets to climbing a ladder with many, many rungs are all crucial to corporate health. In The Unofficial Guide to Climbing the Corporate Ladder readers learn about: Giving -- and receiving -- constructive criticism gracefully Business communications -- exactly how private are they? Networking in the office and out, including avoiding sticky situations International business -- what to talk about and what to avoid on trips abroad Determining who your office friends really are -- before you find the letter opener stuck in your back

From Paycheck to Purpose

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Author :
Publisher : Ramsey Press
ISBN 13 : 1942121547
Total Pages : 272 pages
Book Rating : 4.9/5 (421 download)

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Book Synopsis From Paycheck to Purpose by : Ken Coleman

Download or read book From Paycheck to Purpose written by Ken Coleman and published by Ramsey Press. This book was released on 2021-11-09 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Work isn't supposed to be a four-letter word! Does the work you do matter to you? Are you unsure what you want to do for a living? Are you in the right place but looking to advance? No matter where you are in your career, you were born to do work you love. National bestselling author and career expert Ken Coleman was stuck in an unfulfilling career until he realized he didn’t have to be. In his latest book, he draws on what he learned from his own ten-year journey as well as from coaching thousands of others to walk you through the seven stages to discovering and doing meaningful work. Relevant to any job or industry, you’ll learn step-by-step how to: Get Clear on the work you were uniquely made to do and why. Get Qualified to do the work you were created for. Get Connected with the right people who can open the doors to your dream. Get Started by overcoming the emotions and mistakes that often hold people back. Get Promoted by developing winning habits and traits. Get Your Dream Job by doing work you love and accomplishing results that matter to you. Give Yourself Away by expanding the dream to leave a legacy. This is your moment. You are needed, and you were made to contribute. It’s time to exit the daily grind and use your talents to start living your dream once and for all.

The Corporate Ladder Career

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Author :
Publisher : Roberto Villalvazo
ISBN 13 : 1977889719
Total Pages : 138 pages
Book Rating : 4.9/5 (778 download)

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Book Synopsis The Corporate Ladder Career by : Roberto Villalvazo

Download or read book The Corporate Ladder Career written by Roberto Villalvazo and published by Roberto Villalvazo. This book was released on 2023-03-09 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book challenges the traditional mindset of Human Resources by emphasizing the importance of understanding the personal stages of individuals and seeking well-being in society. It offers strategies and insights to help create better experiences and conditions for people within organizations. The chapters in this book cover a wide range of topics that will help you unleash your potential and achieve the career growth and satisfaction you desire. You'll learn about finding your place, personal growth, growth-based career culture, and the evolution of work from the perspective of impacting societies and human mobility. This book is not just about giving you practical tips for success. It's also about inspiring you to think creatively and pursue happiness. I spent the last four years thinking about how I could share my professional journey and how those experiences and reflections helped me grow. It tries to provoke an individual reflection by understanding that happiness and purpose are inside us and can change the world. Still, more importantly, both can help us find our purpose in life and build our legacy. It is time to disrupt and look for new schemes that drive a new history of humanity. We must seek better alignment of organizations' objectives with individual aspirations, values, well-being, and realities.

The Job Ladder

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Author :
Publisher : Oxford University Press
ISBN 13 : 0192692909
Total Pages : 464 pages
Book Rating : 4.1/5 (926 download)

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Book Synopsis The Job Ladder by : Gary S. Fields

Download or read book The Job Ladder written by Gary S. Fields and published by Oxford University Press. This book was released on 2023-03-09 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access title available under the terms of a CC BY-NC-SA 3.0 IGO licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Based on studies of a range of countries in the Global South, this book examines heterogeneity within informal work by applying a common conceptual framework and empirical methodology. The country studies use panel data to study the dynamics of worker transitions between formal and heterogeneous informal work and present a comparative perspective across developing countries in Asia, Latin America, Sub-Saharan Africa, and North Africa and the Middle East. Each study provides a nuanced view of informality, dividing workers into six work statuses: formal wage-employees, upper-tier informal wage-employees, lower-tier informal wage employees, formal self-employed, and upper-tier informal self-employed. Based on this common conceptual framework, the country studies examine the distribution of workers across each of these work statuses, and document transition patterns across different formality and work statuses. The panel data analysed in each country study provide a basis for making statements about labour market transitions that are not warranted when using comparable cross-sections. The studies also examine the individual- and household-level characteristics associated with workers in each work status. Using these characteristics, each study constructs a 'job ladder' that ranks each work status, and then examines the characteristics of workers that are associated with transitions up (and down) the job ladder.

Mass Career Customization

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Author :
Publisher : Harvard Business Press
ISBN 13 : 1422138682
Total Pages : 230 pages
Book Rating : 4.4/5 (221 download)

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Book Synopsis Mass Career Customization by : Cathleen Benko

Download or read book Mass Career Customization written by Cathleen Benko and published by Harvard Business Press. This book was released on 2007-09-20 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: Far-reaching changes in attitudes and family structures have been redefining the workforce for more than two decades—yet the workplace has remained much the same. During this time, many companies have learned that personalizing the customer experience is good for business. In Mass Career Customization, the authors argue convincingly to extend this popular and profitable concept to the workplace. This book is centered on the powerful insight that career options in today’s economy need to accommodate the rising and falling phases of employee engagement as it changes over time. The remarkable process unveiled in this book offers choices involving four important dimensions of career progression: role; pace; location and schedule; and workload. As the working population shrinks, maintaining industry advantage will depend largely on keeping employees engaged and connected. Mass career customization provides a framework for organizational adaptability that will do just that.

The Ladder

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Author :
Publisher : Crown House Publishing Ltd
ISBN 13 : 1781353832
Total Pages : 124 pages
Book Rating : 4.7/5 (813 download)

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Book Synopsis The Ladder by : Andrew Bernard

Download or read book The Ladder written by Andrew Bernard and published by Crown House Publishing Ltd. This book was released on 2021-02-19 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreword by Colonel Dame Kelly Holmes. Regardless of one's plans for the future, many people's careers are founded on a series of chance encounters, experiences and serendipity. School, college, university, jobs, family, sports, hobbies, friends, relationships - these are all fertile grounds for career-related conversations and explorations.What if we teachers, guides, mentors, parents and peers started to notice these seemingly unconnected happenings and, indeed, started to engineer and encourage them to happen? Using the mantra 'every adult is a careers teacher', The Ladder will inspire teachers to explicitly link their subject area to students' futures, both in school and outside its walls, and support them in doing so. Bernie draws upon his 30-year career in education and business development to bring clarity, focus and ideas to educators as to how they can best start students on their own ladders to success. Ultimately, in writing this book, Bernie's aim is to bring young people's futures to life with some personal skills reflection and forward planning designed to help them as they embark on their fulfilling futures - regardless of their upbringing, academic achievements or ethnic background.

How to Make Yourself Promotable

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Author :
Publisher : MetaMind
ISBN 13 : 9813170042
Total Pages : pages
Book Rating : 4.8/5 (131 download)

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Book Synopsis How to Make Yourself Promotable by : Mette Johansson

Download or read book How to Make Yourself Promotable written by Mette Johansson and published by MetaMind. This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: How to make yourself promotable” is all about working on the basics to make that promotion you’re yearning for happen faster. It’s targeted especially for people who have already settled into their jobs and know they want more in corporate life. Regardless of your profession and your industry, your knowledge – your hard skills – will be essential for success. However, this is usually not enough. If you only focus on hard skills, you can get stuck in a corner office as the most experienced specialist in your field. If you want team responsibility, you will be promoted because of your soft skills: people skills, attitude, and knowing how to get things done. It is not about being perfect at everything. Rather, it is about becoming aware of the skills that are essential for stepping up the career ladder and steadily improving these to bring your promotion within reach. “How to make yourself promotable” is a trusted guide on your career journey.

Financial Disruptions and the Cyclical Upgrading of Labor

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1475595867
Total Pages : 45 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis Financial Disruptions and the Cyclical Upgrading of Labor by : Brendan Epstein

Download or read book Financial Disruptions and the Cyclical Upgrading of Labor written by Brendan Epstein and published by International Monetary Fund. This book was released on 2017-06-08 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: Amid total factor productivity (TFP) shocks job-to-job flows amplify the volatility of unemployment, but the aggregate implications of job-to-job flows amid financial shocks are less understood. To develop such understanding we model a general equilibrium labor-search framework that incorporates on-the-job (OTJ) search and distinctly accounts for the differential impact of TFP and financial shocks. Surprisingly, we find that the interaction of OTJ search with financial shocks is sufficiently different from its interaction with TFP shocks so that, under standard calibrations, our model generates aggregate dynamics exceedingly in line with the behavior of key U.S. macro data across several decades and in the wake of the Global Financial Crisis as well. Importantly, as in the data, the model yields relatively high volatilities of consumption, labor income, and unemployment. As such, our work contributes to resolving two limitations of current general equilibrium labor-search theory: under standard calibrations models without OTJ search generate implausibly low unemployment volatility, while models with OTJ search generate unemployment volatility closer to the data but at the expense of implausibly low consumption and labor-income volatility.