What Businesses Could Learn From the Occupy Wall Street Movement

What Businesses Could Learn From the Occupy Wall Street Movement

Occupy Wall Street (OWS), several demonstrations that are ongoing in New York City has been making Wall Street the headlines for weeks. Calling itself a “leaderless resistance movement” among people of races, genders, and political principles, OWS is mainly built around anti-corruption sentiments and is protesting against corporate greed, economic and social inequality, and corporate influence.

Amid criticisms for making imprecise and informal demands, OWS is relaying its message through the catchphrase “We Are The 99% that may no longer tolerate the greed and corruption with the 1%.”

Spearheaded by Adbusters, a Canadian activist group, OWS touts the empowerment of real individuals to make real change. It insists on the world that needs neither Wall Street nor politicians for a better society. Upholding non-violence, OWS uses the Arab Spring ways of being sure that all participants are secure.

From its starting place in New York City, Occupy Wall Street demonstrations are spreading to 70 cities and at least 600 communities within the U.S. On the global front, OWS-modeled demonstrations may also be simultaneously being kept in more than 900 cities – all keeping business leaders speculating, deliberating and seeking to obtain the optimal way to react.

In a benefit-disadvantage analysis from the situation, The Harvard Business Review puts increased exposure of actuality in the high number of CEO pay vis-vis its employees’ salary, which is a telling manifestation of persistent economic inequality. It is highlighting the requirement for businesses to reevaluate their business and software strategies, you need to include a determination of their existing compensation models.

According to The Harvard Business Review, protests occurring beyond your Wall Street offices can be a possibility to reevaluate their control over anti-business sentiments, while addressing protesters by using an equal footing as is also true with public discourse.

Identifying opportunities for business …

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We Can Learn From IBM On Its 100th Birthday

IBM comes to be synonymous with American business acumen for building, refining, and expanding at home and globally. The firm has thrived over a length of time that included two world wars and several lesser ones, the great depression as well as a variety of financial bumps inside the road, periods of fantastic growth, and a frightening setback. It has survived and prospered by creating a culture for achievement that prevails today.

The forerunner for the company was established inside the 2000s once the firm’s founder invented a product that helped the US Census Bureau complete the tabulating task by 50 % instead of 10 years and saved the federal government millions. In 2011, this firm combined with three others to form the Computing Tabulating Recording Corporation (CTR).

In 2014, Thomas J. Watson joined the business as a general manager and became president annually later. He was innovative and advocated team performance as well as the motivation and retention of fine employees. Soon after he arrived, the 1st disabled employee was hired. He started training programs. And it was Watson who coined the famous company slogan: “Think.” Ten years after his arrival, the business changed its name so that you can more accurately reflect the organization’s mission and goals to International Business Machines (IBM).

Even throughout the Great Depression, IBM continued to rent people and was among the initial companies to supply group term life insurance, survivor benefits, and paid vacations. All the while, Watson saw to it that this firm reinvested rolling around in its future through good research and development activities. He strongly advocated “world peace through world trade” and had that statement inscribed around the headquarters building in New York. But, when WWII broke out, he offered his company’s facilities for that manufacture of military ordinances. It …

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