Content about Economy of the United States

May 16, 2013
Soapbox: Developing Leaders at Walmart

How the Walmart Leadership Academy become a center of excellence for the global retailer.

By Damian McKinney

Early in Walmart’s history, most store managers began their careers working at the register or another entry-level position. Through a gradual process of working their way up the corporate ladder, these employees were promoted to store manager in seven to 11 years. This process served the company and its employees well, providing a secure predictable career path and producing knowledgeable, loyal people at the middle-management level.

November 1, 2012
Case Study: Accelerating New Employee Productivity at Savvis, A CenturyLink Company

Savvis’ Global Learning and Development team was able to design an onboarding program that would quickly integrate and educate new employees while also building champions for the process within the business. So it wasn’t doing something to the organization; it was creating a program with the organization.

When Jim Sokolowski arrived at Savvis Communications in 2010 to begin as director of Global Learning and Leadership Development, the company was experiencing double-digit growth, along with a change in senior leadership that brought a renewed commitment to human capital as a strategic enabler and competitive advantage. The challenge was to effectively build the organization’s learning function from the ground up. Taking on such an effort brought up the question of where to start as there were plenty of obvious places that demanded attention.

February 21, 2012
Training Top 10 Hall of Fame

Microsoft Corporation and SCC Soft Computer are the newest inductees into the Training Top 10 Hall of Fame, joining the ranks of the 11 companies named to the hall since its inception in 2008.

June 6, 2011
Soapbox: Good to Great to Gone

The story of Circuit City’s meteoric rise and catastrophic fall reveals myriad leadership lessons. It also underscores the critical strategic role that training and development play in a company’s continued success.

By Tom Wulf

In early 2009, 34,000 American workers lost their jobs and one of retail’s greatest stories of entrepreneurship abruptly came to an end. More than 250,000 people—families, suppliers, supporting businesses—were impacted directly by the closing of Circuit City Stores, Inc. The 60-year-old retailer, with a presence in every major U.S. city, seemed to just disappear.

October 11, 2010
Waiting for Superman to Change the Job Culture?

Davis Guggenheim’s documentary film, Waiting for Superman, prominently features author Edward E. Gordon’s warning on the dire consequences of failing to reform America’s current education system. He wrote in his book, "Winning the Global Talent Showdown": "If the American education-to employment system is not restructured, by the year 2020 there will be 124 million highly skilled, high paying jobs but only 50 million Americans qualified to do them. If we stay on our present course, many new technologies will simply go to other countries, with dire consequences for the middle class and the entire U.S. economy."

May 8, 2007
Does Lack of Training Mean Lower Sales? For Circuit City, the Answer Might Be Yes

When do layoffs mean lower TV sales?  Apparently, when you're Circuit City. The company recently revised its projections for the first half of its fiscal year, based on poor sales of flat-panel and projection televisions. Partially due to the disappointing sales figures, the company expects a loss of $80 to $90 million in the first quarter of fiscal 2008. And analysts say that those bad sales figures can be blamed in part on the company's decision to fire its highest-paid workers.

When do layoffs mean lower TV sales?



Apparently, when you're Circuit City. The company recently revised its projections for the first half of its fiscal year, based on poor sales of flat-panel and projection televisions. Partially due to the disappointing sales figures, the company expects a loss of $80 to $90 million in the first quarter of fiscal 2008. And analysts say that those bad sales figures can be blamed in part on the company's decision to fire its highest-paid workers.


December 1, 2003
RIP

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