Medical Tourism a $ 100 billion Industry
Medical tourism is now a massive industry globally and Canada occupies first position in this regard. It receives number of tourists from the USA especially for dentistry. A majority of these American travelers visit Manitoba from Minnesota or North Dakota. The U.K. occupies second list. Israel and Singapore come next. Dubai, Costa Rica and the Philippines have emerged as dark horses, in turn fuelling the enormous growth of travels jobs in these disparate regions. France, Germany and Italy topped the list from their region of Western Europe. South Africa gets good numbers of medical travelers from Africna countries such as Namibia, Zambia and Botswana.
How Data Analytics helped Direct Buy gain new Customer Insights
Direct Buy has been around developing its business over the last forty odd years selling directly to customers and avoiding the intermediary retail markups. Their entire business model has been threatened by e-commerce players such as Amazon and this particularly reflected post the recession in 2008. In order to survive the firm has conducted business analysis using Microsoft software such as R and Rapid-Miner. The team identified 22 channels to arrange business from. These findings and action taken accordingly helped Direct Buy see through some of the toughest times.
The Dawning of the Age of Flex Labor
The concept of freelancing is gaining ground and increasingly people are working for several firms on part time basis rather than full time at one. This has resulted from two major societal changes. One has been the increased pressure to maintain a work- life balance. More importantly has been the rapid rise of technologies which have enabled seamless space and time shift. Apps such as Dropbox, Skype and Evernote have been critical to the same. This majorly helps firms in talent management as top professionals can continue working on what they do best and lend their services across the board. This concept is also helpful for the white collared workers as chances of them getting totally laid off reduces significantly. Germany, Spain and Canada have already implemented laws to protect freelancers and the USA is on the verge of joining them.
Sustainable Tourism as a choice of Traveling
As per market research conducted across sixteen countries by booking.com, more than half of world’s tourists, are today demanding a sustainable mode of tourism rather than conventional ones. This includes volunteering as well as camping vacations. This trend has particularly caught up in Spain. Majority of sustainable travelers are women between the ages of 35 and 55, traveling alone. This form is yet to catch popularity among the younger lot as sustainable tourism can never be a low cost option. Spain is also receiving fair share of sustainable tourism addicts from countries such as U.K, Germany, France, the Netherlands, Sweden, Denmark, Canada and the U.S.A.
Operators look to Culture seeking Tourists
The Maori community in New Zealand is particularly excited about the new breed of cultural tourists who are flooding into the country. This is helping alleviate the community by the generation of tourism jobs.This trend was proven further at a tourism exhibition held at Auckland recently. This genre of tourism is mainly targeting the baby-boomer generation which is by some estimates valued at over US $ 2 trillion worldwide. These kinds of tourists not only seek to visit the country but also immerse deep into the cultural traditions, history and heritage.
5 Recruitment Myths: your Talent Acquisition Strategy could be Harmed
Talent recruitment has become so critical, yet many organizations fail at it. A business consulting publication has informed us about some common recruitment myths which must be rectified. It is often wrongly thought that a sophisticated technology enabled algorithm can solve all recruitment woes, yet it must be understood that recruitment is an art and not an exact science. Also many companies wrongly assume that the best talent is making a beeline to join that firm. Recruitment must be a constant process and not one triggered off by panic when there is sudden position to fill. In fact a lot of these task can be better handled by recruitment agencies rather than in house. Even smaller firms require a formal recruitment strategy and not any ad-hoc system.
Digital Business Leaders are pulling ahead of the Pack
Market research giant Gartner conducted its survey across four countries- U.S, U.K., Australia and Germany- and its analysis points out clearly that digital businesses are doing much better. These businesses are apparently less capital or labour intensive and thus the returns on investment average out better. The organizations which have done well have a clear digital orientation embedded within thecorporate strategy. The major improvements cited by these firms were – improved customer experience, improvement in work productivity and better organization in sales and IT.