Category: Your Business (Page 12 of 30)

Cutthroat professional life in Washington, D.C.

ID-10025710 White House
Free image courtesy of FreeDigitalPhotos.net

Netflix scored big this year with its new, original TV drama “House of Cards,” depicting life in Washington D.C. Needless to say, the cutthroat nature of life in our nation’s capital takes center stage, as most of the characters will do anything to advance their careers and influence in the city. Yes, it’s fiction, and some of the stories are a bit far-fetched, but a recent book called “This Town” by New York Times Magazine writer Mark Leibovich portrays DC as a craven town where everyone is just focused on getting ahead. You can get some of the story in his latest article titled “How to Win in Washington.”

It’s not that Washington hasn’t forever been populated by high-reaching fireballs. But an economic and information boom in recent years has transformed the city in ways that go well beyond the standard profile of dysfunction. To say that today’s Washington is too partisan and out of touch is to miss a much more important truth — that rather than being hopelessly divided, it is hopelessly interconnected. It misses the degree to which New Media has both democratized the political conversation and accentuated Washington’s myopic, self-loving tendencies. And it misses, most of all, how an operator like Kurt Bardella can land in a culture of beautifully busy people and, by trading on all the self-interest and egomania that knows no political affiliation, rewrite the story of his own life.

So read the entire article and the book and check out the show before you venture off to DC. This way you’ll have some idea of what you’re getting into.

But keep in mind that you’ll be one of many if you venture off there. DC is booming and life there was detailed in an article last year in time called “Bubble of the Potomac.” The author explains how a new affluence is flooding DC and likes to refer to it at über-Washington, working off the name of the popular Uber limousine app that is so popular in the city. This affluence, along with the natural political power base, has helped amplify the competitive climate described above. The article describes some of the realities in the city:

– there are two government contractors for every government worker. Yes, people are getting wealthy on government contracts.

– Washington is filled with young people. That’s always been true but seems even more true today. That culture is definitely affecting the nightlife and the city in general.

– Thursday night wheels up parties at Happy Hour are huge.

– Much of this is fed by the intern culture, which starts with free internships during college, then paid internships or entry-level jobs, and then it goes from there.

For may this will seem exciting. For others not so much. It’s another example of where you need to have your eyes wide open before making a decision.

Unassigned desks and new trends in company offices

white collar workers

The world is changing as more workers prefer to be mobile, and companies are adjusting by radically changing the layout of office workplaces.

More companies are shedding square feet by shifting workers into unassigned desks. Being untethered suits increasingly mobile employees, but it can be a hard sell for people who feel like they’re losing status or privacy. For employers, the rationale is simple: saving money, attracting young employees and popping personal bubbles to push collaboration.

Nowhere is that more evident than the Ernst & Young Tower in downtown Cleveland, the city’s first new multitenant high-rise building since 1991.

Accounting firm Ernst & Young, which moved into the tower last month, placed more than 60 percent of its employees into a “hoteling” pool — a group that flits in and out of the office and uses an online system to reserve desks. Even the partners share offices.

The cost savings and improved flexibility are huge advantages with this movement, though it will be interesting to see over time how these changes affect worker productivity, recruiting and retention. One aspect that seems cool is the ability to reserve spots electronically. This can also apply to premium conference rooms, or just hanging out and using the room when it isn’t reserved for specific business.

Shale gas boom’s ripple effects on job market

natural gas fracking

If you’ve been paying attention, you’re aware that fracking has led to a domestic boom in the production of oil and gas, including places like North Dakota and Bakken shale formation. Naturally, this trend has created a number of jobs directly related to the oil and gas industry, but as populations explode in places like North Dakota with these workers, we’re naturally see a significant ripple effect as services are needed for these new workers. This goes far beyond just creating housing and other services. The economic ripple effect is great news for the American economy.

An example would be a company like Safety Oil Services, which is focused on helping “safeguard the wellbeing of employees and the natural environment within the high-growth sectors of oil and gas-related services, including drilling and fracking.” This is one of many companies that provides necessary services to this growing industry.

Also, the demand for workers goes well beyond those directly employed by the oil and gas companies and companies that service them. BusinessWeek has an interesting article on how the shale gas boom is bringing opportunities for women as well.

While men dominate North Dakota’s shale-oil industry, women in the region are starting complementary service businesses ranging from oil-well geology to occupational testing to day-care and medical clinics. “There are great opportunities for women,” says Kathy Neset, 57, president of Neset Consulting Service. “Whatever skill you have, we need it in western North Dakota.” Neset and her husband founded the geological services company in 1980 in Tioga, which is in the northwest part of the state. More than one-fifth of its 180 employees are women. Neset regularly gives presentations at elementary and middle schools in the upper Midwest, encouraging girls to pursue careers as geologists, where salaries range from $80,000 to $140,000 a year.

Naturally, this is having an impact on wages as well. Read the entire article for a great snapshot on how these job opportunities are expanding for everyone.

If you’re in a rut on your job search and you’re open to relocation, start researching the areas of the country that are booming due to the fracking boom. You don’t have to be an oil engineer or rig worker to find work!

Are you an ideal employee?

It’s a fair question, whether you’re looking for a job or you’re settled in with a job.

This articles describes 15 traits of the ideal employee. It’s a great list for prospective employers as they evaluate job candidates, but it’s also a great checklist for those of us looking for a job. What can we do to add more value to our company? Here are the first two items on the list:

1. Action-oriented – Hire employees who take action and take chances. While chances may lead to failure, they will more often lead to success and mold confidence while generating new ideas. Stagnant employees won’t make your company money; action-oriented employees will.

2. Intelligent – Intelligence is not the only thing, but it’s a strong foundation for success. While there are many variables you can be flexible on when hiring, intelligence is a must or you’re going to be spending an abundance of time proofing work, micromanaging and dealing with heightened stress levels.

The term “problem solver” isn’t on this list, though many of the attributes point to this quality. It’s important to be able to identify problems, but the best employees will help you solve them and also take the initiative where appropriate.

As you look for a new job and prepare for interviews, keep this list in mind.

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