Stay on top of the trends with EnterpriseOne Insights - a monthly newsletter by EnterpriseOne Business Information Services (EBIS). Every issue looks at global economic developments and trends in manpower, innovation and management practices. View All 2006 Issues
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March 2008 Issue:
GLOBAL ECONOMIC DEVELOPMENTS
- Global Economic Prospects
The expected slowdown in the US economy due largely to the continued credit crisis and the weakening outlook for global economic growth has ushered in a period of uncertainty that is causing a crisis of confidence to investors worldwide.
Manpower Trends
- Global Employment Trends
Globalisation and the rapidly changing technical progress that continue to impact labour markets around the world, could spur an increase in unemployment by an estimated 5 million persons in 2008.
Innovation
- Creating Innovative Employees
It is not enough to provide an environment to encourage staff to think innovatively. Companies need to first ensure that their people are capable of thinking critically and creatively. Training and retraining should be provided for those lacking in such skills before they are put back to work.
Management Practices
- Flexible Work Arrangements
Flexible work arrangements are increasingly becoming the measure of attracting and retaining employees. Almost 14 million Americans telecommute at least part time in 2004. This is projected to grow by more than 25% by 2009.