![]() Why GE is giving up employee ratings, abandoning annual reviews and rethinking the role of HQ Shared by James Ayoub (’16 Supply Chain and Information Systems) Supply Chain Analyst at : “We have to embrace decentralization and use technology to help our people to stay connected and allow more automated decision-making so you can look at an app and see what’s going on inside the company. These are growing pains, but how do you know when your growth is hampering your growth?” Customer issues do get resolved, but it’s no longer a seamless and efficient process. You’ll see managers and key employees getting bogged down in solving “one-offs” instead of managing business processes. Growing Pains: Is Your Growth Preventing Your Growth? Look for these 5 Indicators Shared by Gordon Adelsberg (Finance) CEO & Chief Learning Officer at Communication for Geeks: “The processes and norms for working with a 5 person company don’t work when there are 50 people, and the same holds true when the number increases to 500 and 5,000. You should be measuring the output of your workers, not the amount of time you can see them sitting in your office.” If you don’t trust your employees to work remotely, you shouldn’t have hired them in the first place shared by Curtis Adams (‘12 MAcc) Senior Tax Accountant Aronson LLC and CEO and Cofounder Adams American Capital, LLC: “ROWE (results only work environment) is a fantastic framework that needs to be adopted in places employing knowledge workers. Remember it should say "Official" in the title! CULTURE: Would you do 14 interviews to insure your hire is a good culture fit? ![]() ![]() Help us strengthen the Smeal/Penn State network and continue to make it the #1 College Network! If you are a Smeal alum, please join us on LinkedIn and share any positions under the "Jobs" section of the group. A note on our lawsuit against Otto and Uber – Waymo.In Video, Uber's CEO Argues With a Driver Over Falling Fares.Why Uber disrupting itself might mean its game will soon be over.If your company culture is your brand, what do you think Uber needs to do after the problems they have encountered in recent weeks? Since it is Smeal Alumni Career Services’ mission to help those in a job search or looking for advancement with work related tips, resume reviews, networking, etc., I wanted to share these articles which focus on company culture. But the streaming company seems to be poised to take an even bigger plunge into the realm of licensed merchandise.The Smeal Network often shares articles they have found useful in their careers. ![]() Last year, Netflix tried its hand at merchandising by teaming up with retailer Hot Topic on a line of Stranger Things merchandise, including apparel and other branded products. “We view this as a highly reasonable step by Netflix to further promote and market its original content and other offerings,” Mahaney wrote in a note to clients about the potential in merchandising for Netflix, as reported by Business Insider.īy adding a merchandising arm, Netflix would be following the lucrative example of media giants like Walt Disney, which pulls in billions of dollars each year from popular franchises such as Star Wars and hit animated films like Frozen. RBC analyst Mark Mahaney wrote recently that Netflix could pull in $1 billion a year from sales of merchandise bearing the names and intellectual property from the company’s most popular programs, such as the sci-fi series Stranger Things or the award-winning historical drama The Crown. The company has already dabbled with licensing merchandise based on some of its most popular shows, and now one analyst thinks Netflix could have a billion-dollar merchandising business on its hands. That’s a potentially huge, and growing, fan base for a wide range of intellectual property to which Netflix owns licensing rights. Netflix is now delivering movies and TV shows on-demand to more than 190 countries around the world, including more and more of its own original content. ![]()
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