In the business world today, college graduates are frightful to enter the workforce because they are convinced that their knowledge and degree will never land them a job good enough to pay off their tuition debt. As of late, executives who are looking to hire this bright new knowledge are claiming that they are unable to find applicants who are qualified for the position they seek. When one tries to uncover this paradox of linking those who need work to those who need workers, one will find that there is a divide that is weakening the success of both aspects.
An Economics graduate from the University of North Carolina stated that although they graduated with a 3.6 G.P.A and degree for a major that was high in demand, they believe that the bashing of their generation will never end causing employers to believe that they will never be able to add value to the company. Looking from a different perspective, a large majority of C.E.Os of companies are backing up their hiring decisions in regards to recent graduates by stating that these recent graduates lack the skills and discipline required in the workplace. A main cause of this is that young employees come into a new job believing that they are automatically entitled to a promotion before mastering the assigned tasks for the position in which they started. Executives are trying to encourage young hires that rotating through departments and letting the managers monitor their progress step by step will let them prove their abilities. Managers, executives, and CEOs who are hiring are warning recent college graduates that training programs will only recruit applicants will immediately applicable skills due to the fact that they no longer have time to hire bench strength.
The dilemma of hiring new college graduates proves that management operations is changing up the game. The basic management functions of planning, organizing, staffing, leading, and controlling will no longer apply to the recent college graduates unless they are truly ready to work from the bottom to the top. If we go by the textbook, staffing is performed effectively by following proper recruitment procedures and then selecting the candidate that is most qualified in meeting all the job requirements. The major ethical decision I contemplated while reading this article is whether this treatment is fair for the recent college graduates. If one is over-qualified for an entry position within a company should they be forced to rotate through departments being encouraged by employers to learn knowledge in which they have already acquired?
Have any of you ever heard of a little thursday party called, “Recess?”
For those of you who have not, I will quickly give you an idea of what this party is. Recess takes place at a small venue known as Barn & Company (on the corner of Sheffield and Wrightwood). It is labeled simply as, “the party,” because that is what is it is – a party. Myself along with a few other young gentlemen began Recess just a few short weeks ago; however, it has been growing and growing each and every week. This particular event is no where near the size of a nation wide music festival, yet it requires just as rigorous planning.
Every thursday night there is a standard that needs to be met. This standard would fall apart if proper planning was not set into motion during the weeks prior. Planning, scheduling, and controlling are three crucial aspects in this process. When I sit down with my partners and discuss each week, we first begin by planning. This included assigning specifics roles to each individual involved, and setting goals (such as how many people we aim to have come out to the event). After this takes place, we then schedule. We write out a list of deadlines that we hold ourselves and each other accountable for meeting each week. For example, this past week we decided to bring confetti cannons to the bar – something to add a little extra kick. My partner, Max, was assigned the task of getting the confetti cannons. He was given a specific amount of money, of which we budgeted throughout the planning process, and was to purchase the confetti canons by a designated date. He carried this task out successfully (if you were wondering). Following all of this, we began the controlling phase. This also included monitoring budgets. Money was initially allocated to each individual for supplies, and the supplies purchased by that individual had to fit within the budgetary restrictions.
This process does not always go smoothly though. There are times where we in fact fall behind, or a wrench gets thrown into the system. In these cases we need to restructure our original plans and deadlines. In these cases, project management techniques help tremendously. When we initially sit down and write out our list of tasks we note each task that can be done before any other task starts. For example, when we go to purchase supplies, we set a specific deadline. However, something such as this has a lot of slack because we just need to ensure that the supplies are purchased before 9:00 pm on a thursday evening (the whole point being though, that we do not wait until the last minute to run around and get supplies).
This event, Recess, has proven to be a prime example of project planning and management. The phases and techniques will surely help in future ventures as well.
Learning about the aspects of project management was interesting to me because a business can be successful unless it manages it projects successfully. I worked at a painting company one summer and our project management was directly linked to how successfully we completed a job. The owners of the company had to assess how much time would need to be dedicated to a project and how much it would cost to complete. They would also choose which employees they wanted to do which job. The employees who performed the best were put on the most important projects. Project management was successful at our company because we had clearly defined goals, each job was unique, the jobs required our specialized skills, and all of the projects were temporary but each was essential to the success of the company.
It was also essential for our company to use the process of planning, scheduling, and controlling. The planning stage included figuring out what products or tools would be needed to complete a job, figuring out who would be put on the job, figuring out transportation, and other things of that nature. The scheduling stage would include decisions like the jobs start date and the estimated end date. They would also need to schedule when they wanted the job to be completed during the day. Some jobs could only be worked on at night because the business could not be disturbed during the day. The controlling aspect would be making sure that everything is going according to schedule and that the quality of the work met company standards. If a job was substandard then adjustments had to be made to scheduling to fix the problem.
The owners of the company also had to decide which projects took precedence over others. Sometimes we would be told to put a current project on hold because more important project required more attention. Deciding which projects take precedence is essential to the company’s success because you need to be able to understand which accounts are most important to your business so you can keep them happy.
Keeping track of all of this would be very stressful. However technology is being designed to make managing projects a little bit easier. The company semYOU has come out with new project management software called sem.ProjectPoint(http://www.prnewswire.com/news-releases/cloud-project-management-semyou-releases-new-version-of-semprojectpoint-159862105.html). This is cloud based software so it allows you to store and easily share information throughout a company. It also allows you to view information about your company in useful ways such as in pie charts or other forms. This allows you to quickly find overviews of what’s going on in your organization and will help to identify a company’s needs. Would integrating this new technology into a company’s project management process be beneficial to an organization, or would it interfere with their existing methods?