Career Development

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In organizational development (or OD), the study of career development looks at:

    how individuals manage their careers within and between organizations and,
    how organizations structure the career progress of their members, it can also be tied into succession planning within most of the organizations.

In personal development, career development is:

    " ... the total constellation of psychological, sociological, educational, physical, economic, and chance factors that combine to influence the nature and significance of work in the total lifespan of any given individual."

    The evolution or development of a career - informed by  Experience within a specific field of interest (with career, job, or task specific skills as by-product)  Success at each stage of development,  educational attainment commensurate with each incremental stage, Communications, and  understanding of career development as a navigable process.

    "... the lifelong psychological and behavioral processes as well as contextual influences shaping one’s career over the life span. As such, career development involves the person’s creation of a career pattern, decision-making style, integration of life roles, values expression, and life-role self concepts."

Figures in career development

    Jesse B. Davis[3]
    John L. Holland
    Frank Parsons
    Edgar Schein
    Rino Schreuder

Captive Unit

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A captive unit is a business unit of a company functioning offshore as an entity of its own while retaining the work and close operational tie ups within the parent company.

Captive unit is one way of establishing presence in cheap labour markets such as China and India rather than outsourcing work to third party[disambiguation needed] companies established offshore.

Captive Generating plant means a power plant set up by any person to generate electricity primarily for his own use and includes a power plant set up by any co-operative society or association of persons for generating electricity primarily for use of members of such co-operative society or association. Note that the word primarily is not defined anywhere. Also note that by this definition, a group of industries can set up a big generating station for their groups use and sell excess power.

Captive supply

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Captive supply is a term for that part of the supply that is not owned by a company but is used by the company to maximize its own profits often at the unknowing expense of those who actually own those supplies. This is usually a characteristic of a market that is dominated by one firm or a few firms and implicit collusion between those firms. Often captive supply is called a beneficial market agreement by those controlling the supply but the actions of those controlling that supply reveal otherwise. Captive supply is used to subvert the natural forces of market price determination to accrue more economic benefits to those who control it. It circumvents the typically price-moderating market force of supply and demand by artificially restricting the supply.

Geopolitical jitters unsettle Asia stocks; yen rises

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By Ian Chua

SYDNEY | Mon Aug 26, 2013 11:16pm EDT

(Reuters) - Asian stocks slipped on Tuesday, while the Turkish lira hit a record low after the United States signaled possible military action against the Syrian government over a suspected chemical weapons attack.

Dealers said there was no panic selling though, just truncated trading interest as investors waited nervously to see how the situation unfolds.

"Given the headlines overnight regarding (a potential U.S. strike) in Syria, it's a situation when people are prepared to sit there and wait," said Simon Twiss, a dealer at Arnhem Investment Management.

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS dipped 0.4 percent, erasing Monday's rise. Tokyo's Nikkei .N225 was flat, while the safe-haven yen climbed broadly.

"It's a risk-off story because of Syria and also if you see broad repatriation from emerging markets currencies, the yen will benefit," said Michael Turner, strategist at RBC.

U.S. Secretary of State John Kerry, in the most forceful reaction yet to last week's gas attack outside Damascus, said President Barack Obama "believes there must be accountability for those who would use the world's most heinous weapons against the world's most vulnerable people."

His comments saw U.S. stocks .SPX end 0.4 percent lower in light volumes. The risk of supply disruption lifted Brent crude above $111 a barrel to a five-month high. It last traded up 0.4 percent at $111.16. Read more...

A Smart Investor Would Skip the M.B.A.

Imagine that you have been accepted to Harvard Business School. The ivy-covered buildings and high-powered faculty whisper that all you need to do is listen to your teachers, get good grades and work well with your peers. After two years, you'll emerge ready to take the business world by storm. Once you have that degree, you'll have it made.

But don't kid yourself. What matters exponentially more than that M.B.A. is the set of skills and accomplishments that got you into business school in the first place. What if those same students, instead of spending two years and $174,400 at Harvard Business School, took the same amount of money and invested it in themselves? How would they compare after two years?

If you want a business education, the odds aren't with you, unfortunately, in business school. Professors are rewarded for publishing journal articles, not for being good teachers. The other students are trying to get ahead of you. The development office is already assessing you for future donations. Administrators care about the metrics that will improve your school's national ranking. None of these things actually helps you learn about business.
Read more...

Raising money to ensure women have access to abortions

WASHINGTON — Sarah Tuttle led her bowling team to a fourth-place finish in a nationwide tournament this April that raised $553,133 to help low-income women seeking abortions.

"Some people fundraise to fight breast cancer; I fundraise for abortion access," said Tuttle, a hot line operator and board member for the Lilith Fund, a Texas nonprofit that helps women pay for abortions. "It's about having access to abortion and that not being about economics."

Representatives from such abortion rights organizations say new restrictions are disproportionately affecting women whose income is below the poverty line, about 42% of those who have abortions. Read more...

Africa Attracting Technology Firms

Africa is not only a growing market for hi-tech products, but may soon be a base for a lot more hi-tech companies. The continent is expected to see growing competition to meet the needs of its rising young and middle class populations.

DHL calls itself the “logistics company for the world,” providing transportation via rail, road, sea and air. And Company officials see Africa as a place where its business can boom. For that to happen, though, more international companies will need to invest in the continent and base their operations there.

DHL’s Sumesh Rahavendra sees that happening. That’s one of the findings from a recent global technological conference sponsored by his company. Read more...