of Berkeley University in California‚ it has become common for policymakers to believe that a ‘new economy’ is rapidly developing which will increasingly be dominated by companies which are ‘knowledge intensive’ in nature. => According to this ‘upskilling thesis’ lower-skilled jobs will be rarer and rarer in industrialised countries. - Because it’s cheaper to have it done in developing countries‚ people tend to outsource their productions. - Harry Braverman => his theories derive from a Marxian
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factors to be accounted for these new working methods. A lot of consequences for workers occur due to this change such as the following: The upskilling effect in employees; The many jobs lost; The level of education one needs to have. The upskilling effect in employees To begin‚ technology alters the content of work and can mean having the upskilling effect among employees. Years ago‚ employees working at the automobile industry used to assemble cars by hand‚ each having a certain role in
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company’s Valhalla‚ NY unit as executives Louis Bourget and Thomas Mastroeni greatly inflated profits while embezzling funds. With this precedent‚ Enron’s corruption arguably received a further boost the following year with the arrival of Jeffrey Skilling. Skilling had a reputation for painting a picture of robust profits without regard to underlying conditions. One of Skilling’s prerogatives as Enron president was an insistence on using “mark-to-market” accounting‚ utilizing both a bevy of off-book accounts
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astronomical growth correlated directly with Enron’s stock price which also rose throughout this time period. When Jeffrey Skilling was hired Enron’s corruption increased. Together Lay and Skilling continuously inflated profits and documented anticipated profits as present in the current fiscal year. Skilling and Lay also created partnerships allowing them to keep the company’s multi-million dollar debt off accounting ledgers shown to investors. This deception led to a Fortune magazine columnist pondered
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22725C Strategic Human Resource Management Unit code: D/602/2326 QCF Level 7: BTEC Professional Credit value: 10 Guided learning hours: 30 Unit aim This unit provides the learner with an understanding of how the effective strategic management of human resources supports the achievement of organisational purposes and provides the skills to apply this understanding in an organisational context. Unit introduction Strategic human resource management is concerned with
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Nankervis‚ A. R.‚ (1993). Enhancing Productivity in the Australian Hotel Industry: The Role of Human Resource Management‚ Research and Practice in Human Resource Management‚ 1(1)‚ 17-39. Enhancing Productivity in the Australian Hotel Industry: The Role of Human Resource Management Alan R. Nankervis Abstract The Australian hotel industry is at the crossroads. As part of the tourism strategy of the present Federal Government‚ it is charged with catapulting Australia out of its
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When Green paper 1997 Moser report 1999 showing poor literacy skills in a high proportion of adults The Green Paper 2002-extending opportunities‚ raising standards- anticipation of new framework of qualifications‚ with greater emphasis on VRQ’s. White Paper 2003- which formalized the green paper of 2002. Called Opportunity & excellence Smith report 2004 on Mathematics counts‚ reported that leading Teachers‚ University academics and employers thought that the curriculum assessment in Math was
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any knowledge of wrongdoing. Lay hires new CEO Jeffrey Skilling‚ a visionary who joins Enron on the condition that they utilize mark-to-model accounting‚ allowing the company to book potential profits on certain projects immediately after the deals are signed...whether or not those projects turn out to be successful. This gives Enron the ability to subjectively give the appearance of being a profitable company even if it isn’t. Skilling imposes his Darwinian worldview on Enron by establishing
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million each into the company. With high stakes and image on the line‚ Enron manipulated earnings to drive stock prices up through mark-to-market accounting to please its stakeholders. 2. (a) Describe the following three leaders: Ken Lay‚ Jeff Skilling‚ and Andy Fastow. (b) How did EACH leader contribute to the scandal? (20 points) Ken Lay was a very ambitious man. He was the son of a poor Baptist preacher. Because of Lay’s humble roots‚ Lay worked several jobs as a kid. He always dreamed about
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Enron Corporation was an energy‚ commodities‚ and service company out of Houston‚ Texas founded by Kenneth Lay in 1985. Lay built natural gas power energy in East Texas which helped Enron’s stock rise. Louis Borget‚ Andrew Fastow‚ and Jeffery Skilling were the top management executives from 1985 until 2001. Each helped to bring about the demise of the company in multiple ways. One of the first scandals in Enron involved President Louis Borget and two traders were discovered betting on Enron
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