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Showing posts with the label Employment Challenges for the Modern Business

Travel Industry and Blockchain Technology

It wouldn’t be wrong to say that blockchain technology is one of the most disruptive technologies we have witnessed in the recent past. With the launch of bitcoins, cryptocurrencies shook the entire financial world. Recently, a lot is being discussed about blockchain technology in travel and tourism sector. But, how practical is it? In this blog, we will cover a few points that we came across regarding blockchain and travel industry. Blockchain Technology: In a nutshell In simple words, blockchain refers to an expanding list of public records. This mainly contains an updated series of transactions that takes place between two parties. Whatever is there on a single record, or block, is absolutely encrypted. Each of the blocks within a ledger are arranged in a continuous fashion that is tightly packed using blockchain keys. Such keys go by the name ‘hashes’. Every new block has a hash from the preceding block. Blockchain is all about decentralized data storage. What it means is that...

Millennials in Employment – Challenges for the Modern Business

 Millennials make up for around one-fourth of the world’s population today and one-half of the global workforce as per this statistical source . This implies that any talent pool we dip in, must address this significant segment of our society. This also means that whatever advantages and challenges are brought on by millennials, those become important to the organization. There are some challenges espoused by behavioralists about working with millennials. Ironically, one of the guidelines seen frequently is “don’t stereotype”, which is something we will be doing here in this blog. The intent here, however, is to not stereotype but to understand millennials with more empathy so that organizations can retain and empower them further. Challenges with millennials Below, we will look at a few challenges that organizations have to face while dealing with millennials as employees. We will also cover how to deal with the same. Millennials love to move and shift This movement is in the...