GLOBALIZATION By Gabriela Chmielewska 10h

The New Global Economy

Economy-An economy is an area of the production, distribution, or trade, and consumption of goods and services by different agents in a given geographical location.

Globalization-the process by which businesses or other organizations develop international influence or start operating on an international scale.

"fears about the increasing globalization of the world economy"

Changing Employment Patterns

Over the last 25 years the make up of the UK’s working population has changed beyond all recognition.

Some of the changes are as follows:Woman in an office, shaking hands with someone with employment law and equal pay legislation coming into place over the last 25 years, women are being encouraged to work and not be penalised for raising children.

Employers offering flexible working practices or child care facilities at the workplace have also helped to make it easier for women with children to continue working.

How technology is Changing the workplace

Technology makes it possible to telecommute, work from virtual offices and communicate with businesses and individuals across the globe. Flexible work schedules are popular because so many duties and responsibilities can be accomplished from an employee’s home or while the employee is traveling. The private sector initially became the test case for telecommuting arrangements, and the federal government followed suit in its attempt to be competitive with industry in attracting qualified candidates. Remote reporting relationships are also a factor of improved technology. Managers of team members who live and work in different cities, and even different countries is becoming more common.

Jobs

These are primary, secondary, tertiary and quaternary jobs. Primary jobs involve getting raw materials from the natural environment e.g. Mining, farming and fishing. Secondary jobs involve making things (manufacturing) e.g. making cars and steel. Tertiary jobs involve providing a service e.g. teaching and nursing.

Primary-Farmer and Fishermen /Secondary-Carpenter and Builder /Tertiary-Doctor and Widwife

Skills and Qualities

Effective communication: Employers seek candidates who can listen to instructions and act on those instructions with minimal guidance. They want employees who speak, write, and listen effectively, organize their thoughts logically, and explain everything clearly.

Computer and technical literacy: Almost all jobs now require an understanding, ranging from basic to advanced, of computer software, word processing, e-mail, spreadsheets, and Internet navigation.

Problem-solving/Creativity: Employers always want people who can get them out of a pickle. Problem-solving ability can aid you with making transactions, processing data, formulating a vision, and reaching a resolution. Employers need the assurance that you can conquer job challenges by thinking critically and creatively.

Interpersonal abilities: Relationship-building and relationship-management are high priorities with many employers. These skills confirm that a candidate can relate well to others, both co-workers and customers.

Teamwork skills: The ability to work well with others while pursuing a common goal is a long-running favorite of employers. But so is the ability to work with minor supervision.

Diversity sensitivity: In today’s world, cultural sensitivity and ability to build rapport with others in a multicultural environment is highly valued by employers.

Planning and organizing: Workplace life requires prioritizing and organizing information. Employers value people who, metaphorically, dig a well before they’re thirsty.

Leadership and management: Leadership consists of a strong sense of self, confidence, and a comprehensive knowledge of company goals. These are qualities that motivate and inspire, providing a solid foundation for teamwork.

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