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  • A Call to Action for American Employers

    November 15, 2012
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    Wednesday: hump day. For today’s half way there addition of the Accolo blog, we have a lovely op ed from CNN Money from one Nina Easton. It addresses the employment gap that exists today in the US labor market. Right now, there are millions of specialized jobs that go unfilled due to a shortage of applicants with the right skill set for the job. In short, there are many whiling and few able to get the job done. EVERYONE FREAK OUT! Just kidding. As Easton’s piece suggests, the answer to this shortage of skilled workers lies in more worker training by businesses. The article elaborates on why companies should shell out the money for training much more inspiring fashion so i’ll just put the ol’ computer down and leave you to it.

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  • Bridging the Hiring Gap: What has Made It and How Do We Fix It?

    November 13, 2012
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    As a soon-to-be college graduate, I encounter a broad and phenomenal anxiety in my peers whenever the conversations turns to what exactly is going to happen when we all eventually enter the real world. There is a sense of hopelessness among some, anger with others or a tired resignation that is both visible in demeanor and pronounced in speech. So what’s going on? What has young people crippled with this fear of failing to launch? Robert Goldfarb (author of today’s New York Times article) says that the pessimism is a result of a hiring gap that exists in the American job market. He interviewed both CEOs and students to ascertain what newly educated job seekers and captains of industry could agree on. Unfortunately not much as it turns out. Read on to see which skills the bosses are looking for in today’s economy and why a broad education is looked at differently now than 10 years ago.

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  • National Employment Stats for October

    November 2, 2012
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    With the spookiest month of the year behind us and the election just around the corner, it seems high time for some of the most anticipated statistics of all time. The national unemployment rate…..(drum roll please)…….. increased by one tenth of one percent to 7.9% and 171,000 jobs were added. This statistic will no doubt be pushed and pummeled by every pundit under the sun to appear an advantage to both sides in the upcoming election. While it’s true that hundreds of thousands of newly unemployed Americans is undoubtedly a bad thing, it’s important to look at the situation objectively. Yes the role of president means that you’re the biggest cheese and that you have a responsibility to do your best for your country, but this doesn’t mean that any person who takes the office will be able to magically solve our economic problems. Economic policy and the market in general is complicated but translates to very blunt, tangible realities in millions of American families. Realities such as year long stretches of unemployment, putting your education on hold or even deciding not to open up a food truck with some of your friends. It’s important to remember that no politician will ever have more of an effect on the economy than the hard work and innovation of the American worker. At Accolo, we believe that one of the best ways to get this country on track is to utilize one of the largest potential employee pools in recent history and get this country working again.

  • Beerware, AB Inbev Continues to Gobble Beloved Beverages

    October 30, 2012
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    Those of you that drink Budweiser probably know that the company was absorbed by AB Inbev in a 52 Billion buyout. Many consumers like Brian Rinfret, the avid Becks drinker interviewed in the Bloomberg Businessweek article, say they taste a difference in their favorite brands after they’ve been gulped down by AB Inbev. Sales are down in the United States but their profits continue to climb. Can messing with the recipe be a successful business model? Apparently so. And this company is still seeking acquisitions of other Iconic brands, most famously, Pepsi Co. The man behind this fizzy drinks conglomerate: Carlos Brito, the enigmatic brazilian CEO bent on beverage domination. Read the full article “The Plot to Destroy America’s Beer” to get the scoop.

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  • The Concrete Difference in Superior Management

    October 23, 2012
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    The word “good” seems like a simple enough modifier. If I say that “I have a good sandwich for sale”, you probably won’t be tempted by a competitor with an adequate, satisfactory or pretentious sandwich. But what then makes my sandwich good and thus, superior to the others? Is it paper thin pastrami? The sprouts and sauerkraut? The team building experience and desire to teach more efficient ways to get the job done? OK, so i’m not actually talking about a Reuben, unless it’s a manager named Reuben. Silliness aside, how does one determine what is so “good” about a good manager?

    A recent working study from researchers at Stanford and The University of Utah have found that attaching a superior manager to a team is effectively (in terms of output and efficiency) like adding several more workers to that team. The report went on to say that the most important aspect of strong management is that they teach better and more efficient working practices to those under them. Another surprising find from the study was that pairing your best managers with your best workers will generate more output than saddling them with under-performing workers. So what defines “good” in management? Overwhelmingly, a willingness to teach and the drive to get everyone under them doing the best that they can do. To read the Slate article covering the story, click the link below.

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  • Swing State Jobless Rates Could Decide Presidential Race

    October 22, 2012
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    I for one cannot wait until election day. No more endless and useless focus on campaigning, posturing and promise making that always serves to muddy up the crisp October air. Come November, we can all get back to arguing over real issues as opposed to who thinks who’s going to win the world series. Until then, most of the political discussion going on will be about the economy and jobs. Jobs jobs jobs. Perhaps one of the most hot button issues of our time.

    According to an article from NBC’s Economy Watch, the effects of the recession have been felt quite differently throughout different states in our nation. Some have markedly less unemployment while others have born the brunt of all the economic downturn of the past few years. This means that there is a huge discrepancy in the jobless rates of almost all of those sometimes undecided states that are typically called “swing states”. Some, like Virginia and Iowa, are well below the national average (around 5 percent unemployment each) while Nevada comes in at an unfortunate 11.8% unemployment rate. Economic variety like this is sure to make an uncertain election all the more convoluted in the weeks to come. To get the full story and all the unemployment rates for swing states, click the link below:

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  • 8 Ways for Managers to Enhance Their Team’s Work Experience

    October 18, 2012
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    As those of you in management already know, wage incentives aren’t necessarily the final word in increasing worker productivity and performance. People just aren’t that simple. As today’s article from ceo.com says, today’s raise become’s tomorrow’s norm. This effectively means that as a manager, you need to offer more than money to your team in order to foster a sense that they’re doing this job every day for more than just the money: they’re doing it because they like their jobs. It can be as simple as cluing them in on the significance of the work that they’re doing or allowing more room for input and creativity in the workplace. The article goes into greater detail about how to cultivate a better work experience and is a good, back to basics reminder of what really goes into management.

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  • Adaptation Over Innovation

    October 16, 2012
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    So you’ve got an idea for a revolutionary product that’ll make consumers forget they ever had a monthly budget and you just expect to sail on that to retirement? Maybe in the days when microwave popcorn was still hot, but not in this modern climate. A new article from Fast Company has espoused the importance of adaptability coupled with innovation, a necessary combination for the modern inventor. In order for a new product from your brand or a new brand all together to survive, there must be a constant drive for differentiation from all of the imitators that will surely follow in your footsteps. Look at Tivo. They were the first to offer the option to pause live TV, record, whatever. Fast forward 10 years and they’ve been left in the dust by the myriad of DVR options that followed in their wake. So what does it mean? As the FM article says, it isn’t about who gets there first anymore, it’s about who can weather the competition and emerge with the superior, enduring product in the end. To read this interesting article, click the link below.

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  • Jump in Retail Points to Accelerated Economic Growth

    October 15, 2012
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    Retail sales jumped up several percentage points in September, a figure that (initially at least) points to increased economic growth. This combined with the falling unemployment rate, 7.8 percent in September, suggests a potential increase in the rate at which the U.S. is climbing out of the Great Recession. What complicates the growth is an increase in prices of retail items in the past month. As you’ve all probably noticed, food prices have risen due to drought in the U.S. and gas prices have shot up yet again because of… well, because of a slew of reasons from global recession to hurricanes. This inflation of prices has also inflated the otherwise sunny retail growth statistic, but as with all things, one should always look to the silver lining. When it comes down to it, growth is growth, no matter how small. To read the full article from Reuters, click the link below.

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  • Author of “Rich Dad Poor Dad” Files for Bankruptcy

    October 12, 2012
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    As it’s Friday afternoon and all, I thought that some nice topical irony would be just the thing for today’s post. You all remember “Rich Dad Poor Dad” right? For those of you who haven’t heard, it’s author Robert Kiyosaki (and Donald Trump) espoused that it was one of the greatest “how get rich quick” books to ever get its author super super rich. But as with Oedipus and Icarus, this business and book mogul had a fatal flaw that has lead to his downfall. As of Thursday, the once prosperous author is filing for corporate bankruptcy for a company already millions in debt. If he’s been able to hear himself talk for all these years the proof is definitely missing in the business management pudding. To read the full article and see an entertaining news clip, click the link below. Oh yeah, and Happy Friday everyone!

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