Executive Update

Executive Update eNewsletter

The fortnightly newsletter for thought leaders 12th August 2011

In this issue

“To be successful, you must sometimes be ruthless and bit of nasty bugger,” says Sean Fitzpatrick in this week’s Last Word… but first we look at what’s sparked this week’s global wobbles and question why it is when Wall Street sneezes we still catch cold … we also put the spotlight on the job market this week following some recent interesting research.
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Why should we be taking our lead from Wall Street?

The mayhem on global investment markets this week reflects major concerns about some of the world’s big economies, but things are looking brighter Down Under, Executive Update’s economics correspondent Bob Edlin reports.
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Job ads jump

More evidence that our economy is gathering decent head of steam comes from the Seek New Job Ad Index which shows there was 15% increase in the number of new jobs on offer in July compared with the same month last year and substantial 4.2% increase on the previous month.
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It’s harder job finding the perfect candidate

Employers are having to adopt more flexible approach and accept that they may have to recruit someone who doesn’t necessarily tick all the boxes because of the skills shortage facing New Zealand’s jobs market.
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More education and training please

More than half of New Zealand employees (51%) feel their career demands more education and training than ever before, according to the latest Randstad Workmonitor report of job market sentiment. However, it also revealed that 48 percent of respondents don’t feel their organisation meets their needs and requirements in this area. 
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Measuring NZ’s managerial skills

A research project is being undertaking to identify the necessary skills and competencies required for managers to perform duties efficiently and effectively, and to determine how these skills are acquired in New Zealand organisations. You can support this initiative by undertaking short survey.
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