Find the words in the wordsearch over a cup of tea.
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Should the words “business” and “ethics” ever be found snuggling up together in the same sentence?
I wonder. After all, business is a commercial activity, which is – or should be – value-free. A business enterprise has many of the properties of a machine: for given inputs of energy and resource, it generates predictable outputs of goods and services.
Now in its 9th year, the CPD Plus Seminar Series, organised by the Business School, is regarded as a trusted source of topical updates for professionals in the finance industry. Delivered by internationally recognised experts, the series provides valuable insight across a range of topics including investment, risk, enforcement, trusts and human factors.
Saturday proved to be a very exciting day at the Business School as we held our first Open Day for the new degree in BSc (Hons) International Financial Services. All of the JIBS staff, and members of the core faculty, were manning the ‘How’, ‘What’, and ‘Why’ stands in the student lounge to meet and greet, and answer questions from about 50 interested visitors. We thought it useful to include some of the questions and answers to give you a taster:
In the autumn of 1983 I started as an undergraduate student at Herriot-Watt University in Edinburgh to study Fine Art and Textiles. There were no fees to be paid so I received a partial grant, which my parents topped up by £1,500 per year. During the holidays – of which there were many – I was given a full housing grant and I could even sign on to ‘the dole’. Such was a student’s life back then!
How many of us receive a piece of correspondence but have no idea what is being asked of us? To provide you with a simple check-list when writing a letter or email in business, consider the following points:
Then follow these handy tips:
If you could do with a bit of a refresher and/or acquire some essential new skills for writing business communication then see details about the next Business Writing course on Monday 30 April.
As Jersey International Business School moves into its third year of operation it seems like a natural progression to produce a journal which explores and examines the strategic issues and current thinking around topics that our diverse faculty of lecturers teach on.
Entitled Strategic Intelligence, the new bi-annual journal, published in April and October, and distributed with Business Brief, carries a series of articles and interviews and is intended to be a thought leadership publication. We have taken advantage of having access to world class event speakers to carry out the interviews which give insight into the speakers’ own particular experiences and the strategies they employed to survive them.
I had the fabulous opportunity recently to visit the beautiful Island of Trinidad to attend the Caribbean Regional Compliance Association conference. The conference was very well attended and included speakers from the British Virgin Islands, USA and Jersey. Stephen Platt, executive director of JIBS and Principal of Stephen Platt & Associates LLP, spoke at length about the risks for finance in relation to sanctions. The audience was extremely interested to learn of the dangers of dealing with the US Dollar and they were shocked at finding out how large the fines are that are levied against banks for sanctions breaches. Continue reading
As we approach the launch of the Business School’s new journal in April, I thought it prudent to explore what the title ‘Strategic Intelligence’ actually means. Some of the writers engaged in producing articles and interviews for Issue 1 share their interpretations below:
“Strategic intelligence to me means insights born of experience, honed, focussed and distilled. It’s about separating the relevant from the merely interesting, and delivering information of high utility in the real world, before everyone else hears about it.”
Frank De Mita, US lawyer, anthropologist and documentary film producer based in Jersey Continue reading
Interviewing to fill a vacancy can be daunting if you have little or no experience. But if you follow a few basic principles you can ensure that you get the right candidate for the role.
Make time for preparation. Identify what the role will entail and what skills, experience and qualifications the ideal candidate will need to demonstrate. Decide on a set of criteria that you will test against. This can be as simple as allocating points for each part of the criteria. For example, you could decide to allocate 20% to the quality of the written application, 20% to previous levels of experience and 60% to the interview. This gives you a good way to compare candidates and by following this process you will also be able to demonstrate that your selection criteria was fair.
Decide which technique you will adopt when interviewing. An unstructured interview simply allows you to get a feel for the candidate. A more structured approach, such as ‘experiential interviewing’ allows you to analyse how a candidate would perform in a given situation whilst ‘competence based interviewing’ allows you to explore one or more specific skills.
Whichever technique you decide to adopt, the way in which you conduct the interview will remain the same. Prepare a list of questions which you feel will test out the criteria you originally identified and make use of the internet since it offers access to a great source of good quality interview questions. Ask one question at a time. This may sound obvious, but it is common for a nervous interviewer to ask two or three questions at the same time. A poor question would sound like ‘Can you tell me about a time when you had to deal with a difficult situation, how you dealt with it, and what the outcome was?’ It is better to ask one question first and then follow up with subsequent questions if the candidate’s answer doesn’t cover the detail you require.
Look out for my next blogs when I will go into more detail on each step of the process.
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