Job Market International

“Put yourself in uncomfortable situations, which will allow you to field new challenges with ease, grace, and confidence.”
IAC’s Hatch Labs CEO Dinesh Moorjani’s shared this personal insider tip for becoming a successful business person during an interview with Business Insider.com.

Business school deans that have more characteristics of a CEO than an academic are currently winning many of the sought after dean positions at business schools, according to new research from The Korn/Ferry Institute, a talent management think tank.

LinkedIn is not even ten years old. The networking site was launched in 2003 and by now has more than 135 million members in more than 200 countries. According to the company, there were nearly two billion people searches on LinkedIn in 2010 and about double the amount only a year later. Especially for recruiters, LinkedIn is a valuable tool that allows them to find job-seekers, headhunt employees and see who is connected to whom. To make a LinkedIn profile strong enough for recruiters and companies to become aware of it, there are a few tips to be followed.

Small and medium sized companies have often been overlooked by job seekers in the past as they can’t offer the same salaries at the start as the big corporations. This initial downside, however, turns itself around quickly, as employees can advance their careers much quicker.

Project Firefly is a new, open, merit-based platform for university students and recent graduates to enhance their profiles. The initiative aims to encourage university students to develop and refine their ideas on pressing societal problems and become thought leaders! Financial service provider Credit Suisse and 15 leading scholars from around the globe support the platform.

2011 turns into an exceptionally good year for MBA demand worldwide with 36 per cent growth. That is a turnaround from the five per cent decline reported for 2009. MBAs are playing a central role in the worldwide battle for talent, with economic growth in emerging markets fuelling the demand for MBAs, claims a report from QS Quacquarelli Symonds Ltd. And as ever more employers seek MBAs in all corners of the world, their salaries are slowly equalizing around the globe.

The emerging world is home to many businesswomen. Seven of the 14 women identified on Forbes magazine’s list of self-made billionaires are Chinese. Many firms in emerging markets do a better job of promoting women than their Western rivals, some surveys suggest.

Academic business research has economic value: MBA students from schools where teachers frequently publish in high-level academic journals tend to earn more after graduation. That is the result of a study published in Booz & Company’s publication “Strategy and Business”. MBA students who go to schools where the research level is high get paid more than peers who went to other schools - as much as 21 percent more after three years in the real world.

Western students are now finding jobs in China more easily, reports China Europe International Business School (CEIBS). Its 184 members of the 2011 graduating class received 1,500 job offers from 480 companies.

Companies like Facebook made headlines in the past looking only for top talent. A wrong approach says a bestselling American author who claims “great people are overrated”. Good teams are much more valuable than single stars, says William C. Taylor.

Many of the best jobs in companies are never advertised. Head hunters go out and look for suitable candidates, but how can you be visible enough for a head hunter to become aware of you?

Five of the top ten desired employers of MBA’s this year are consumer technology companies. Long-standing service firms like McKinsey, Bain, BCG, Goldman Sachs and Blackstone were joined by likes of Google, Apple, Facebook, Amazon, and Ideo.

At the annual conference of business school in Berlin MBA-Channel.com interviewed Francesca Gino from Harvard Business School. The economist wrote her PhD at home in Italy, in Harvard she researches issues like negotiations and decision making, teamwork, ethics and innovation.

One of the greatest challenges managers and business leaders worldwide are facing today is to attract, retain and develop talent. At the fourth annual conference of the European School of Management and Technology ESMT in Berlin international experts in business, economy and science discusses success strategies in talent management. MBA-Channel.com talked to some of the speakers.

What do business students really want from the future? To find out more about their career expectations and professional dream jobs, market researcher Trendence asked business students at 762 universities and business schools in 24 European countries. More than 96,400 answered. The most striking result of this survey is obviously the fallout from the financial crisis: 55.8 per cent of all business students in Europe are worried about their future careers. Hopeful applicants expect to send out an average of 34 resumés to land a first job and suppose the search might take them close to five months.

White men still overwhelmingly dominate corporate boards. In the Fortune 100, between 2004 and 2010, white men increased their presence, adding 32 corporate board seats. Women did not see an appreciable increase in their share of board seats, reports Catalyst, a lobby organisation for diversity.