Web economy in G20 set to double by 2016, Google says

The value of the web economy in G20 countries will nearly double by 2016, according to Boston Consulting Group.

Driving the spurt from $2.3tn (£1.5tn) to $4.2tn (£2.7tn) will be the rapid rise of mobile internet access.

The study, commissioned by web giant Google, assumes that in four years 3bn people will be using the internet, or nearly 50% of the world’s population.

The research suggests that the UK is one of the most advanced e-commerce economies.

Right now, every year about 200 million people are going online for the very first time.

Read the full article here: http://www.bbc.co.uk/news/business-16753902

Why Temporary Work Is Worth It

Is this a good thing? It certainly can be. As a career transition expert, I view temporary work as a perfect chance for a career switcher to try on different hats, work in various types of businesses, even add new skills and experience.

A temporary, “dip in the pool” assignment lets you get a feel firsthand if this is something you really want to do. I always tell people who ask my advice on changing careers–do the job first-moonlight, apprentice, volunteer. If you can get paid for a temporary gig, go for it. That’s the only way you’ll know if the new career is all you dreamed it would be.

But even if you aren’t thinking of career changing, here are other reasons why a  temporary assignment may be worth it.

  • Gets you out of bed in the morning. You’ve got something to do.
  • Gets you in the door. It may lead to full-time work with an employer eventually. Don’t miss the opportunity.
  • Gets you decent pay. You can make your experience a plus. Employers are typically willing to pay you generously, providing you have the chops, if you solve their problem or need quickly. It lets them bypass the hand-holding and learning curve stage that a younger, less experienced, but lower-paid worker, might require.
  • Builds your professional network. Nurture relationships with co-workers during your assignment. You never know where a contact may lead you, and who they might be able to refer you to for future jobs.
  • Lands you new and au courant references for future employers to contact about what you’ve been up to lately.

Read the full article on forbes.com!

Culture Eats Strategy For Lunch

Get on a Southwest flight to anywhere, buy shoes from Zappos.com, pants from Nordstrom, groceries from Whole Foods, anything from Costco, a Starbucks espresso, or a Double-Double from In N’ Out, and you’ll get a taste of these brands’ vibrant cultures. 

Culture is a balanced blend of human psychology, attitudes, actions, and beliefs that combined create either pleasure or pain, serious momentum or miserable stagnation. A strong culture flourishes with a clear set of values and norms that actively guide the way a company operates. Employees are actively and passionately engaged in the business, operating from a sense of confidence and empowerment rather than navigating their days through miserably extensive procedures and mind-numbing bureaucracy. Performance-oriented cultures possess statistically better financial growth, with high employee involvement, strong internal communication, and an acceptance of a healthy level of risk-taking in order to achieve new levels of innovation.

Read the full article on fastcompany.com! 

No More Résumés, Say Some Firms

Union Square Ventures recently posted an opening for an investment analyst.

Instead of asking for résumés, the New York venture-capital firm—which has invested in Twitter, Foursquare, Zynga and other technology companies—asked applicants to send links representing their “Web presence,” such as a Twitter account or Tumblr blog. Applicants also had to submit short videos demonstrating their interest in the position.

Union Square says its process nets better-quality candidates —especially for a venture-capital operation that invests heavily in the Internet and social-media—and the firm plans to use it going forward to fill analyst positions and other jobs.

Companies are increasingly relying on social networks such as LinkedIn, video profiles and online quizzes to gauge candidates’ suitability for a job. While most still request a résumé as part of the application package, some are bypassing the staid requirement altogether.

Read the full article on wsj.com!

Germ warfare at work

Have you heard about the highly contagious Koala flu that turns people into horrifying, albeit adorable, zombie marsupials who subsist only on human thigh meat and eucalyptus leaves?

No, you haven’t, because it hasn’t happened — yet. When it does, we’re probably all going to get it because of annoying co-workers who insist on coming to the office when they’re sick.

Yep, humanity will meet its end thanks to Marge down in accounts receivable, who figured, despite the bad fever and hunger for human flesh, she’d suck it up and come to work.

Read the full article on chicagotribune.com!

100 Best Companies to Work For

Fat paychecks, sweet perks, fun colleagues, and over 70,000 jobs ready to be filled — these employers offer dream workplaces. Like Google, which reclaims the top spot this year to become a three-time champion. Meet this year’s top 100, network with the winners on LinkedIn, and more.

 Read the full article on cnn.com!

Train Your Brain to Focus

Next time you are sitting in a meeting, take a look around. The odds are high that you will see your colleagues checking screens, texting, and emailing while someone is talking or making a presentation. Many of us are proud of our prowess in multitasking, and wear it like a badge of honor.

Multitasking may help us check off more things on our to-do lists. But it also makes us more prone to making mistakes, more likely to miss important information and cues, and less likely to retain information in working memory, which impairs problem solving and creativity.

Over the past decade, advances in neuroimaging have been revealing more and more about how the brain works. Studies of adults with attention deficit hyperactivity disorder (ADHD) using the latest neuroimaging and cognitive testing [PDF] are showing us how the brain focuses, what impairs focus — and how easily the brain is distracted. This research comes at a time when attention deficits have spread far beyond those with ADHD to the rest of us working in an always-on world. The good news is that the brain can learn to ignore distractions, making you more focused, creative, and productive.

Here are three ways you can start to improve your focus.

Read the full article on hbr.org!

Why I Won’t Hire You

If you’ve ever hired anyone for a job, you understand a whole new perspective on what makes an applicant stand out—and what makes you toss an application to the bin. Fair or not, blogger, consultant, and hirer Charlie Balmer discusses honestly the mistakes that can ruin your chances with a potential employer.

I will be very honest with you in this post. Most interview articles only show obvious mistakes, as if most people don’t know showing up late is bad form. I will tell you the things I didn’t really know about until I was the one interviewing, and interviewing for a variety of positions and person-types. No interview prep article ever prepared me in the right way for how interviewers really think. That is what I will be sharing with you today.

When you first walk in to my office, I am expecting you to be one of the 99%+ people who I know I won’t hire in the first 5 minutes. I am hoping I will be proven wrong, because I really want to hire you and be done interviewing. Unfortunately, most people looking for jobs don’t deserve them. Here are the most common ways I know you don’t deserve any job I have to offer.

Read the full article on lifehacker.com!

How to Lower Your Workplace Stress

Your workload has increased, so have your boss’s expectations. But scaling back could mean losing a job.

Talk about stress.

Paul Baard, an organizational and motivational psychologist at Fordham University’s graduate business school in New York, knows just how stressful a work environment can get. He has consulted with athletes in the high-stakes, high-pressure world of professional sports.

What secret has he passed along to those clients? When you are in a slump, you can still contribute by encouraging your teammates.

Read the full article on wsj.com!

Tip for Getting More Organized: Don’t

How much time do you spend each day getting better organized? Cut it in half.

When it comes to investing time, thought and effort into productively organizing oneself, less is more. In fact, not only is less more, research suggests it may be faster, better and cheaper.

IBM researchers observed that email users who “searched” rather than set up files and folders for their correspondence typically found what they were looking for faster and with fewer errors. Time and overhead associated with creating and managing email folders were, effectively, a waste.

By combining threading with search, technology makes an economic virtue of virtual disorganization. The personal productivity issue knowledge workers and effective executives need to ponder is whether habits of efficiency that once improved performance have decayed into mindless ruts that delay or undermine desired outcomes. Are folders and filing systems worth fifteen to twenty-five minutes a day of contemplative classification and sort for serious managers?

Read the full article on hbr.org!

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