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The End Of The Scale Economy

The End Of The Scale Economy | Teacher Tools and Tips | Scoop.it
Bigger isn't really better anymore. To compete in the new economy, we need a new playbook.

 

from the article: "Clearly, digital technology has enabled a new semantic economy where access and scale have been decoupled.  When access is universal, or nearly so, size doesn’t really matter."

Sharrock's insight:

For teachers of economics, business-related topics, and US government, this be interesting. What does this mean for economic empire building? How do you view simulations and new ways to organize an organization? With changes in education, there are also changes in how business organizations process information and decision making. But what does this mean in terms of skills that students need to develop? What does this mean for daily operations? What is work?

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Ranking America's Biggest Companies By Turnover Rate

Ranking America's Biggest Companies By Turnover Rate | Teacher Tools and Tips | Scoop.it
This post previously appeared on Business Insider. By Vivian Giang The job market is picking up, and workers are increasingly jumping ship.
Sharrock's insight:

This is something that might be useful for school guidance counselors as well as for students pursuing STEM professions. Intersting ways to interpret these turnover rates. In the article it is noted that Katie Bardaro, lead economist at PayScale, told Business Insider it's not always a bad thing for the job market. "Workers might be job hopping more than before ... this means that the industry is hot and the economy is improving," she said. "Some of the firms on [the high turnover] list, they're there because they're a hot market."

 

from the article: "Average employee tenure was a little over nine months. Other companies with high turnover include Amazon, AFLAC, and Google with employees sticking around for an average of one year."

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