Improve the employability of graduating business seniors

Assignment Help Macroeconomics
Reference no: EM133203049

Purpose and Problem Statement

The purpose of this study was to determine the critical soft skills that employers want from their employees so that business educators can promote these skills in their curriculum to improve the employability of graduating business seniors.

Method and Procedures

"Students in a junior-level business communication class were each required to interview two executives each semester for their final project. After the interview, the student gave the executive a "thank you" letter and an evaluation survey from the course professor, along with a self-addressed, stamped envelope. The evaluation survey asked the business executive to comment on the performance of the student during the interviewing process. Additionally, the survey asked about topics that the business executives deemed important for business graduates to study. During the spring semester 2011, the executives were also asked to list the 10 most important soft skills they wanted new employees to possess when hired for a position within their organization.

Forty-five students were enrolled in the two business communication courses during spring semester 2011, so 90 executives received the survey. Of those 90 business executives, 49 (54%) responded by returning the questionnaire in the self-addressed, stamped envelope. A list of 517 soft skills (with repetition) was created. Some executives listed more than 10 soft skills; therefore, more than 490 items were gathered. After the skills were coded with like terms and themes, 26 soft skills emerged. The 10 soft skills that were listed most often by the executives were then included in a questionnaire to be rated by importance. Some examples of the "like" terms that were categorized as one of the 10 most mentioned soft skill attributes are listed

1. communication

2. Courtesy

3. Flexibility

4. Integrity

5. Interpersonal Skills 

6. Positive Attitude

7. Professionalism

8. Teamwork

9. Responsibility

10. Work Ethic

After the top 10 soft skills attributes were determined, a 5-point Likert-type scale was created that would measure the strength of importance of each attribute. During the fall semester 2011 and spring semester 2012, the questionnaire was distributed to the business executives (along with the "thank you" and evaluation survey) by the students after they conducted the interviews for their field report. There were 91 students in three classes over those two semesters, so the survey was sent to 182 executives. A response was received from 57 (62.6%) executives."

Data Findings and Analysis

Executives overwhelmingly indicated that integrity and communication were the top two soft skills needed by employees in today's workplace. All 57 (100%) of the executives indicated that integrity and communication were very important or extremely important. Over three fourths of the respondents (84.2%) indicated that courtesy was an extremely important skill, and over half (71.9% and 61.4%, respectively) reported that responsibility and interpersonal skills were extremely important. The frequency of each response and the percentages that indicated the level of importance of each soft skill attribute as perceived by business executives can be seen in Table 1.

Table 1. Perceived Level of Importance of Each Soft Skill Attribute in Today's Workplace (N = 57)

The mean score and standard deviation of each of the soft skill attributes related to its perceived level of importance is shown in Table 2. Each of the soft skill attributes had a mean score of ≥4.12 based on a 5.0 scale, where 5 = extremely important, 4 = very important, 3 = somewhat important, 2 = not very important, and 1 = not important. None of the soft skills attributes received a not important ranking. Teamwork skills and Flexibility each received one response for not very important (by different executives).

Table 2. Mean and Standard Deviation of Each Soft Skill Attribute Relative to Perceived Level of Importance (N = 57)

Touch on the following areas

  1. Describe the findings or conclusions as well as address the implications of the conclusions.
  2. Evaluate the article on the basis of its strengths and weaknesses.
  3. Evaluate the credibility of the author on the basis of the work completed, sources consulted, and the validity of the study.
  4. Describe the practical utility of the article.
  5. Provide suggestions for future research.

Reference no: EM133203049

Questions Cloud

What challenges exist for usmca to be ratified : Should Mexico and Canada have offered the concessions that they did to renegotiate Nafta? Explain your position. Johnson & Wales University.
Summarize the expenditures for the macro-economy : The following data summarize the expenditures for the macro-economy of a given country during the fiscal year 2019/20 rounded in millions of dollars:
Evaluate two roles that management information systems : Evaluate two roles that Management Information Systems can effectively provide in adequately storing and retrieving data for decision making in basic financial
How does your presentation relate to the contents : Trends Guiding HR Leaders Through the New COVID-19 World and What is the impact on industry, Human Resources Management, and Employees?
Improve the employability of graduating business seniors : The purpose of this study was to determine the critical soft skills that employers want from their employees so that business educators can promote these skills
National cultures - approaches to creativity and innovation : Using two countries of your choice, explain how these different approaches can affect the level of innovative output between your chosen two countries.
Implementation strategies to fix the poor service issues : Analyse a report to gather feedback from both internal and external customers for implementation strategies to fix the poor service issues
How much would you be willing to pay : Spend some time on the eBay Web site. Find a product that you are interested in and follow the bidding. How much would you be willing to pay
Why did the dram cartel members provide sales : DRAM is used to store data in PCs, and other consumer and industrial electronic products. DRAM manufacturing is a capital-intensive industry.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd