The clock ticks. Millions of Americans are running out. It is a symbolic recognition that our nation is in crisis. While many politicians hope to take advantage of job creation, many citizens are concerned about their future employability and complain about future generations. Americans do not understand why politicians can not do this. It does not play well with common sense approaches. In my new book, Do not Be An Old Crazy: A Common Feeling and Gratitude, I support the use of common sense approaches to most of the problems of life. The average person does not seem to have good communication and respect in this political process. Another approach is needed. This article analyzes the complex issues surrounding sustainable jobs.
We are in complicated times. In August 2011 our nation did not report unemployment. This economic downturn is historic, since it has been the first time since the Second World War that the economy showed zero net job creation for a month. Retail, manufacturing, information services and construction are all lost jobs. In addition, government employment declined by 17,000, as state governments have reduced teachers 'and policemen' s downsizing. Some financial experts say the economy needs to accumulate 13.7 million new jobs in the next three years (381,000 a month) to reduce current unemployment from 9% to 6%.
More than 15 million people are unemployed in our nation, worried about US citizens to look for government and / or business leaders in job creation. Was this belief gone? The concept of job creation is hot buzz between politicians and media researchers. On September 8, 2011, President Barack Obama announced that he would set up a "job-creating jumpstart" plan before the congressional meeting. They proposed a $ 447 billion US bill, constituting a constitutional update. Yet, partisan policy sees this job creation as an upward struggle. So many people have doubts that the government can create sustainable jobs.
Other business; argue that businesses will be encouraged by significant tax incentives and other financial incentives to create millions of jobs. However, anyone who understands the elementary school from Hard Knock's school understands that the primary mission of businesses is to profit investors.
Financial experts applaud the company's major outsourcing initiatives and dismissals because they believe it will result in more profits for shareholders. However, John Gamble and Arthur Thompson, authors of strategic management bases, suggest that a low-cost strategy can reduce the business.
They note: "Perhaps the biggest trap of a low-cost strategy will result in too aggressive price cuts and end with lower and not higher profitability." Despite the economic crisis, many US corporate profits have reached the highest peak by the end of 2010.
According to the Federal Economic Analyst's Office, companies reported an annualized $ 1.68 trillion gain in the fourth quarter. The previous record (without adjusting to inflation) was $ 1.65 trillion in the third quarter of 2006. For example, General Electric posted a $ 14.2 billion gain, while JPMorgan Chase gained 47%. Financial corporations were among the biggest winners.
While the federal government provided relief in the economic downturn to rescue many of these "too big failure" institutions, these companies did not return the favor. There was little incentive to provide US companies with loans to help create jobs. Investors applauded because of their inactivity, because they meant more profitability. Still, the public frowned on their self-preserving actions, which were interpreted on a market basis.
The Right Strategy
Leaders of different industries should be prepared to work together to solve the problem of job creation. This requires a strategic approach, not a narrow perspective for the nation. Given America's financial crisis, there are two controversial concepts: economic responsibility and quality of life. Economic responsibility refers to the creation of jobs for business. Quality of life implies illiterate living standards for a citizen to enjoy reasonable comfort during your work.
This reality of many organizations means outsourcing high-cost activities such as manufacturing abroad, such as India, China, and less-favored countries. If you pay US $ 20 per hour for customer support in the United States, would a company give up on sending jobs abroad for $ 1 per hour? Therefore, companies focusing on low-cost strategies will continue to seek the competitiveness of the most recent low-cost labor market. Yet, this reality will curb the wages of American workers and the quality of life of American citizens.
The concept of job creation, as it relates to sustainability, is a difficult task for solving any nation. Consequently, government leaders and business leaders need to work together to resolve this issue and not try to solve it in a vacuum. This reality means that we use a common approach to this. Millions of Americans miss the basic skills of global competition.
Some industries need to be more strategic in attacking global competitors with a value-driven strategy that puts customers in the focus of the shopping process. While relying solely on low-cost strategy, companies help, they look for cheaper labor throughout the world, and a market that creates value for the market results in sustainable success.
While US politicians discuss job creation, millions of people need more for the national crisis. As I wrote in my book, Do not Be An Old Crazy: A Common Feeling and Gratitude, today's leaders have to give up contemporary practices that disperse individuals and return to respect for respect and cooperation.
This paper presented the importance of a deliberate approach to issues of sustainable job creation. This can be solved if American leaders commit themselves to working together with common ideas. Human capital is a critical element in the financial crisis. Therefore, today's leaders need to be ready for the long-term strategic vision of sustainable job creation.
© 2010 by Daryl D. Green
Source by sbobet