Biden urges businesses to implement vaccine requirements amid pushback

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Washington, Oct 8 | US President Joe Biden has urged large companies and other organisations to implement his government’s new Covid-19 vaccination mandates which have sparked concern and pushback.

“These requirements work … More people are getting vaccinated. More lives are being saved,” Biden said in suburban Chicago on Thursday at an event promoting the requirements.

Biden was in Elk Grove Village where he toured a construction site being run by Clayco, Xinhua news agency reported.

The company announced Thursday it would be implementing a vaccination or testing requirement for its employees moving forward.

“We have to beat this thing,” Biden said.

“So while I didn’t race to do it right away, that’s why I had to move toward requirements that everyone get vaccinated where I had the authority to do that.”

Biden, who prioritised handling the pandemic after assuming office, announced in September sweeping new federal vaccine requirements for as many as 100 million Americans, including private-sector employees as well as health care workers and federal contractors.

The vaccine mandates, however, faced pushback from Republicans and other critics, who argue it smacks of government overreach and takes away people’s rights to make their own medical decisions.

Recent weeks also saw the Consumer Brands Association, which represents 1,700 US brands, urge the Biden administration to accelerate federal guidelines and clarify how businesses are expected to implement the new vaccine orders.

The business groups were also concerned about how vaccination status should be verified, how to deal with religious exemptions, whether those working at home will need to be vaccinated, and who will pay for testing.

As of Thursday, the Covid-19 fatalities in the US topped 709,000 with over 44 million infections, according to a tally by the Johns Hopkins University.

About 56.2 per cent of the US population have been fully vaccinated as of Thursday, showed the US Centers for Disease Control and Prevention (CDC) data.

Source: IANS

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Does MBA really help in getting a better job offer ?

Does MBA really help in getting a better job offer ?

Most students pursuing an MBA come with the sole objective of having a decent job offer or a promotion in the existing job soon after completion of the MBA. And most of them take loans to pursue this career dream. According to a recent survey by education portal Campusutra.com  74% MBA 2022-24 aspirants said they would opt for education loans.

There are exceptional cases like those seeking master’s degree or may have a family business to take care of or an entrepreneurial venture in mind. But the exception cases are barely 1%. For the rest 99%, a management degree is a ticket to a dream job through campus placements or leap towards career enhancements. Stakes are high as many of them quit their jobs which essentially means loss of 2 years of income, apprehension and uncertainty of the job market. On top of that, the pressure to pay back the education loans. Hence the returns have to be high. There is more than just the management degree. Colleges need to ensure that they offer quality management education which enables them to be prepared for not just the demands of recruiters and for a decent job but also to sustain and achieve, all along their career path.

  • So, what exactly are the B Schools doing to prepare their students for the job market and make them industry ready ?
  •  Are B schools ready to deliver and prepare the future business leaders to cope up with the disrupted market ?  

These are the two key questions every MBA aspirant needs to ask, check and validate before filling the MBA application forms of management institutes. And worth mentioning that these application forms do not come cheap. An MBA aspirant who may have shortlisted 5 B Schools to apply for, may end up spending Rs 10,000.00 to Rs 15,000.00 just buying MBA / PGDM application forms.

While internship and placements data of some management institutes clearly indicates that recruiters today have specific demands. The skill sets looked for are job centric and industry oriented. MBA schools which have adopted new models of delivery and technology, redesigned their courses, built an effective evaluation process and prepared the students to cope with the dynamic business scenario, have done great with campus placements despite the economic slow down.

However, the skill set being looked for by a consulting company like Deloitte or KPMG may be quite different from FMCG or a manufacturing sector. Institutes need to acknowledge this fact and act accordingly.

  • Management institutes should ensure that students are intellectually engaged, self motivated and adapt to changes fast. In one word ‘VUCA ready’.
  • B Schools should encourage students to participate in national and international competitive events, simulations of business scenarios.
  • Institutes should have the right mix of faculty members with industry exposure and pure academics.

The placement records of 2021 across top management institutes indicated the fact that recruitment is happening, skilled talent is in demand and certain management institutions continued to attract recruiters even in the middle of an ongoing crisis.

It is time, all management institutes rise to the occasion, understand market realities and identify areas of improvement at both ends – students and faculty.

After all, the stakes are high at both ends. B Schools taking corrective measures will stay while those which are lagging will end up shutting down.

Author Name : Nirmalya Pal

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