Leader's Digest - News for Today's Business Leaders
  October 2011  
  In this issue  
  > Top news  
  > Upcoming Events  
  > Go Figure  
  > What Do You Think?  
  > Management Matters  
  > Safety Rules

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Top News

Welcome
This month’s issue highlights a slew of important business topics that have arisen this past month. From emphasizing essential business tactics (succession planning and video interviews) to current events impacting the economy (the European debt crisis and Obama’s job plan), American business continues to evolve and transform. In the midst of a stagnant economy, it is more important than ever for businesses to strategize and reevaluate their businesses’ standing.

Successful Succession Plans
Steve Jobs resigns from Apple and recommends Tim Cook as his successor. Jobs’ resignation highlights the importance of having a solid succession plan in place. Succession planning is key for minimal disruption in the company as new executives takes on their new roles.
Read more.

Obama Proposes Job Plan
Obama proposes a $447 billion job package composed of job creation, tax cuts, and elimination of unnecessary government regulation. In his speech, he calls for political unification—urging Republican and Democrat congress people alike to pass his bill. With elections just right around the corner and a job approval rating of 42%, Obama needs to get unemployment below 9% for chances of reelection.
Read more.

Interviews Reinvented
Today’s economy makes it challenging to get a job—so many job seekers are setting themselves apart by submitting a video interview. Video interviews are revolutionizing the hiring process in the business world, making lone résumés obsolete.
Read more.

Overseas Strife
Trouble is brewing overseas—but its impact is hitting much closer to home. Experts say America could be in store for a double dip recession with projected unemployment rates at a stagnant 9% for 2012. Europe’s economic woes have weighty implications for American business owners.
Read more.
 
  Go Figure

 
  32% Percentage of Americans who, according to a mid-September Gallup poll, said they still prefer to work for a male boss as opposed to a female boss (22%), when taking a new job.  
 
  What Do You Think?
Does your company offer a 401(k) plan for its employees? Weigh in
  • Yes
  • No
 

Management Matters
Staffing agencies provide businesses with hiring options. Businesses can opt to hire employees through the “direct placement” route or the “temp-to-hire” route—both options advantageous in their right. But how do you know which is the right option for you? Read more.

Safety Rules
Every year, companies are forced to compensate for loss in revenue stolen by cyber criminals. On average, over $1 billion per year is stolen from commercial accounts at banks. With this in mind, how strong is your company’s online security system in protecting your sensitive and valuable information? Read more.


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