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What’s the big deal about big data? Everyone has jumped on the big data bandwagon and seemingly with good reason. But in the vast oceans of data that are now accessible, how do you distill the value in order to implement better decision making? Keeping your eyes on the prize is key - generating business advantage and measurable value. McKinsey & Company outline five ways big data can add value.
Big data. It’s big business and it’s only getting bigger - Gartner Research reports that big data drove $28 billion of IT spending in 2012, with 2013 estimated at $34 billion. An enormous $232 billion is estimated in IT spending cumulatively from 2011 to 2016. From small tech start-ups to Fortune 500 companies, big data launches are happening all over. 85% of Fortune 500 companies have already launched (or are planning to launch) big data initiatives. That’s a lot of companies looking for a lot of people. And not just any people. The major challenge for big data recruitment is the requirement for candidates with the rarefied skill-set - outstanding analytic ability and that all-important commercial acumen - to add real value. It’s no wonder estimates suggest that only around one-third of global demand for new big data jobs will be met. So why is it so difficult to find these big data guns?
So big data analysis has got everyone rubbing their palms with glee, or has it? It might be a gold mine, but it makes for privacy problems that have the potential to really rock the big data boat. Cashing in on big data has really thrown it into the privacy protection and regulation firing line. With the data processing industry evolving at high speed, privacy laws simply aren’t keeping up and 2013 has seen unscrupulous data usage range from the morally questionable to the downright criminal.
Earlier this week, António Horta-Osório, chief executive of Lloyds Banking Group, talked about the reputation of the banking industry amongst Graduates, saying “We want the best and the brightest to see banking as a credible career choice. This is vital for the industry’s long-term viability.” This was in response to a YouGov survey wherein over 25% of respondents suggested that they would be embarrassed to admit that they worked in the sector.
When you are looking for a new role, there are many considerations that you need to take into account; one of them is how to behave during an interview. Experts agree that many candidates lose out on job opportunities not because they do not have the right qualifications but because they fail to impress their interviewer. It is how you go through the interview that will help determine your success. So to help, here are some tips that will put you a few steps ahead of other candidates!
Last night I went to see Beyoncé. Now, mostly I don’t want to describe Beyoncé as role model for young women, as her feminist credentials are often questionable, but, there is no denying that the woman is a phenomenal performer. I’ve never experienced anything like the joy of her show, and I urge you all to go and see it if you ever get the chance. But despite the dubious feminist pseudo-philosophising peppering her career, she is clearly a master of her trade and is experiencing an enviable career high epitomised during her current world tour.
All of us are bombarded with thousands of brand communications daily, but how many of us spend anytime thinking about our personal brand, what that reflects about us and how this might impact our career path and progression?
I am embarrassed to admit that after working in a recruitment consultancy for nearly six months, I only recently realised one of the main benefits of using a recruitment consultancy; we can turn your passive candidates into active candidates.
With the ever increasing cost of studying for a degree, A-level students are looking at a range of wider options when considering their next steps. Some of the UK’s biggest Graduate employers are responding to this shift, as a part of a wider talent strategy, by running school leaver programmes - but will these one day replace the Graduate programmes?
No matter where you are, the power of Skype can now bring your future employer into your living room, office or bedroom (!?) to speed up the job hunting process and to save you the trouble of travelling to meet them. It’s great news in saving you travel costs and potentially moving interview processes along more quickly but Skype interviews bring their own set of perils.
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