November 9, 2011

New & Interesting Business Models: Latest Ways of Doing Business

Businesses now are changing faster than faster than ever. With changing consumer requirements, employee needs & more and more competitive landscape, businesses are increasingly trying and adopting innovative business models to stay afloat and flourish.
What New Age Employees Want ?
If Cisco's recent survey is to be considered your young employee checklist could include the following: Make sure she can tweet or update Facebook while on the clock, Let her get work email on whatever device she wants, Allow her to work from home on her own schedule, even though she’s unlikely to really think it makes her more productive, an increasing number of your employees don’t think they need to be in the office either.
Cisco recently surveyed 2,800 college students and young professionals worldwide.
  • Many respondents cite a mobile device as “the most important technology” in their lives 
  • Seven of 10 employees have “friended” their managers and coworkers on Facebook 
  • Two of five students have not bought a physical book (except textbooks) in two years 
  • Most respondents have a Facebook account and check it at least once a day 
  • Half would rather lose their wallet or purse than their smartphone or mobile device. 
  • More than two of five would accept a lower-paying job that had more flexibility with regard to device choice, social media access, and mobility than a higher-paying job with less flexibility. At least one in four said the absence of remote access would influence their job decisions, such as leaving companies sooner rather than later, slacking off, or declining job offers outright. Three out of 10 feel that once they begin working, it will be their right- more than a privilege -to be able to work remotely with a flexible schedule.

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