business current events assignment

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Current Events Assignment It is essential that business students...

Current Events Assignment

It is essential that business students are cognizant of the events going on in the world.  For this assignment research and review one article from a business publication relating to a topic in human resources . The topic should pertain to your reading in the text or a topic discussed in class. Your assignment is to provide an in-depth analysis of the article and subject matter.

Articles can come from one of the below periodicals or journals and published within the last two years:

Wall Street Journal                           Bloomberg Business Week                            Fortune Magazine

New York Times                                 Economist                                                       Entrepreneur

OR from one of the publications in the Business Home page of the Maxwell Library: Link https://library.bridgew.edu/bookmark-for-business-managment

 should include the following components: 

• publication issue, article title/author
• summary of the article's key points
• apply some of the concepts and examples we have discussed in class and from your reading in the text.
• an explanation of the significance or relevance of the article to HR(human resources)
• draw some conclusions and share your opinion (this part can be written in 1 st person) How has this article informed your understanding of HR? What should be done to address the issues in the article? Provide a recommendation.
• You must speculate on the implications of the HR management issue(s) (e.g. How does it help or harm themselves or their organization? Why does it help or harm their organization? Why should we be paying attention to this issue? What would happen if we ignored the issue?
• use headings for summary, relevance to HR, and your opinion .

Answer & Explanation

Publication: Wall Street Journal

Article Title/Author: "As New Job Market for College Grads Emerges, Employers Redefine Hiring" by Kelsey Gee

Summary of the Article's Key Points:

The article discusses the challenges that graduates are facing in the new job market due to the pandemic. It reports the trends that employers are noticing with regards to recruitment and hiring of new graduates. It is noted that employers are now looking for candidates who have more technical and digital skills, as well as problem-solving, versatility and adaptability. Employers are also seeking out candidates who have "growth mindsets" and are willing to learn and grow. These skills are now seen as more important than previous qualities such as leadership and experiences. Furthermore, the article talks about how employers are adapting their recruitment strategies to meet these new needs, such as offering virtual internships and online interviews. It is also noted that employers are now more open to hiring candidates from a variety of backgrounds, such as those with non-traditional educations and experiences.

Relevance to HR:

This article is highly relevant to HR as it discusses the changing needs of employers, and how employers are adapting their recruitment strategies to meet these new demands. It is clear that the skills needed for successful candidates are changing, and HR professionals need to be aware of this so that they can adjust their recruitment and hiring processes accordingly. Furthermore, it is important for HR professionals to be aware of the changing needs of employers in order to ensure that they are recruiting and hiring the best candidates for the job. Additionally, it is important for HR professionals to consider candidates from a variety of backgrounds, as employers are now more open to hiring those with non-traditional educations and experiences.

This article has certainly informed my understanding of HR and the changing needs of employers. In order to recruit and hire the best candidates for the job, employers must be aware of the skills and qualities that are now in demand. Furthermore, it is important for HR professionals to be aware of the changing needs of employers and to ensure that their recruitment and hiring processes are adapted to meet these new demands. Additionally, employers must be open to considering candidates from a variety of backgrounds, as this can lead to a more diverse and successful workforce.

Recommendation:

My recommendation is for HR professionals to take the time to research and understand the changing needs of employers, and to ensure that their recruitment and hiring processes are adapted accordingly. Furthermore, employers should be open to considering candidates from a variety of backgrounds and experiences, as this can lead to a more diverse and successful workforce. Finally, HR professionals should ensure that they are regularly assessing their recruitment and hiring processes to ensure that they are up-to-date with the changing needs of employers.

Conclusion:

This article has certainly highlighted the importance of understanding the changing needs of employers and adapting recruitment and hiring processes accordingly. It is essential for HR professionals to be aware of the skills and qualities that are now in demand and to be open to considering candidates from a variety of backgrounds. By taking these steps, employers can ensure that they are recruiting and hiring the best candidates for the job.

References:

Gee, K. (2020, October 7). As New Job Market for College Grads Emerges, Employers Redefine Hiring. The Wall Street Journal. https://www.wsj.com/articles/as-new-job-market-for-college-grads-emerges-employers-redefine-hiring-11602088402

Maxwell Library. (n.d.). Business Home. Retrieved April 12, 2021, from https://library.bridgew.edu/bookmark-for-business-managment

The article "As New Job Market for College Grads Emerges, Employers Redefine Hiring" by Kelsey Gee, which was published in The Wall Street Journal, discusses the challenges that graduates are facing in the new job market due to the pandemic. The article reports the trends that employers are noticing with regards to recruitment and hiring of new graduates. It is noted that employers are now looking for candidates who have more technical and digital skills, as well as problem-solving, versatility and adaptability. Employers are also seeking out candidates who have "growth mindsets" and are willing to learn and grow. These skills are now seen as more important than previous qualities such as leadership and experiences. Furthermore, the article talks about how employers are adapting their recruitment strategies to meet these new needs, such as offering virtual internships and online interviews. It is also noted that employers are now more open to hiring candidates from a variety of backgrounds, such as those with non-traditional educations and experiences.

This article is highly relevant to Human Resources (HR) as it discusses the changing needs of employers, and how employers are adapting their recruitment strategies to meet these new demands. It is clear that the skills needed for successful candidates are changing, and HR professionals need to be aware of this so that they can adjust their recruitment and hiring processes accordingly.

Understanding the changing needs of employers is essential for HR professionals. They need to be aware of the skills and qualities that employers are now looking for in candidates and adjust their recruitment and hiring processes to meet these needs. For example, employers are now looking for candidates with more technical and digital skills, as well as problem-solving, versatility and adaptability. Additionally, employers are seeking out candidates who have "growth mindsets" and are willing to learn and grow. HR professionals need to be aware of these qualities and ensure that their recruitment and hiring processes are adapted to take them into account.

Furthermore, it is important for HR professionals to be aware of the changing needs of employers in order to ensure that they are recruiting and hiring the best candidates for the job. In addition to looking for candidates with the appropriate skills and qualities, HR professionals also need to be aware of the changing recruitment strategies that employers are using to meet their new needs. For example, employers are now offering virtual internships and online interviews as part of their recruitment processes. HR professionals need to be aware of these changes and adjust their recruitment and hiring processes accordingly.

It is also important for HR professionals to be aware of the fact that employers are now more open to hiring candidates from a variety of backgrounds. As noted in the article, employers are now open to hiring those with non-traditional educations and experiences. This is beneficial as it can lead to a more diverse and successful workforce. HR professionals need to be aware of this and ensure that their recruitment and hiring processes are adapted to take into account candidates from a variety of backgrounds.

In conclusion, it is clear that the needs of employers are changing and HR professionals need to be aware of this in order to ensure that they are recruiting and hiring the best candidates for the job. It is important for HR professionals to take the time to understand the changing needs of employers and to ensure that their recruitment and hiring processes are adapted accordingly. Furthermore, employers should be open to considering candidates from a variety of backgrounds and experiences, as this can lead to a more diverse and successful workforce. Finally, HR professionals should ensure that they are regularly assessing their recruitment and hiring processes to ensure that they are up-to-date with the changing needs of employers.

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