Obama ups jobs goal to 3 million on bad economic news

WASHINGTON (CNN) -- President-elect Barack Obama has decided to increase his goal for creating new jobs after receiving economic forecasts that suggest the economy is in worse shape than had been predicted, two Democratic officials told CNN.

The officials said Obama is increasing his goal from 2.5 million to 3 million jobs over the next two years after receiving projections early this week that suggest the recession will be deeper than expected.

The projections showed that unless significant action is taken, the nation is likely to lose up to 4 million jobs over the next year and that the unemployment rate will probably rise above 9 percent, a transition aide told CNN.

According to CNN, President Barack Obama increased the goal of jobs up to 3 million to catch up on the continuing recession of the economy. It was very timely because as you can see it was just a few days ago that I posted about the concern of To Create Job or Save Job? What's the ROI?

I was wondering if Obama's goal is to create new 3 million jobs for people or save 3 existing million jobs? They might still undergoing a study about that but I believe it should be addressed very soon.

To Create Job or Save Job? What's the ROI?

When you hear ROI, what do you have in mind?

Well, in corporate or business finance point of view, ROI or Return on Investment is the amount, expressed as a percentage, that is earned on a company's total capital calculated by dividing the total capital into earnings before interest, taxes, or dividends are paid.

But I am not going to discuss any further about that but what I would like to point out is Zane Safrit's interesting article entitled -- Jobs: What’s the ROI to Create or Save One?

Jobs: What do they cost?

What’s it cost to create a job…or to save a job?

What is the ROI for that job?

The above are the first three questions that Zane wanted to know and is obviously his purpose of writing that article. Do you ever have the idea how much they do actually costs? What do you think is the most effective way to save our economy these days? Is it to create new job or to save an existing job for people?

New IBM Initiative to Help Business and IT Leaders Achieve Greater Value From Software Investments

IBM is announcing new software enabled by Jazz, IBM's collaborative discipline papers, to refrain companies rest the ascent outgo of IT dealing with the penury to make results with less resources. To make greater view from their software investments, companies staleness cooperate cross ways geographical and organizational boundaries, automate work travel based on up-to-date entropy and continuously report development against desired playing outcomes.

These new offerings gift service alter how line leaders and IT organizations affect together to:

Act speedily to overcome new business opportunities by analyzing ROI scenarios, the event of alteration and the encounter of business and application investments which are key to successful performing transformations;

Attain precision in wanted job outcomes by edifice consensus among job and subject body and by making fitter decisions based on true and real-time message;

Apply with reduced danger and toll, delivering higher grade solutions and developed IT and fluid field efficiency through real-time unit collaboration, mechanization and reportage.

Learn more about this IBM initiative news at Wall Street Journal.

Email Marketing The Good Way

Email Marketing is one of the most affordable and effective marketing these days. Despite that miles away from each other in the global small business, marketing is one business activity that we can't live without. So here's a helpful article that will give us tips on how to do email marketing and how not to be a dirty rotten spammer!

Make yourself useful

You’re already working toward this in all of your communication, right? If everything you send out benefits your readers, they’re a lot less likely to get pissed at you and click the dreaded spam button.

Every email you send needs to have something valuable for readers. Otherwise, why are you sending it? Just to pitch your stuff and benefit yourself? That’s not going to work, now is it? (On the other hand, you don’t have to be afraid to sell. Unless you’re running a list that has a purely philanthropic intent, if you want readers to buy, go ahead and ask them to. Just don’t be an ass about it.)

Check out more of this Email Marketing tips after the jump. Read more.

IBM’s aim is to attract entrepreneurial Indian marketplace

The company is offering “IBM Smart Business,” a bouquet of ready-to-use tech solutions for small and medium businesses (SMBs). Available in India beginning Nov. 21, it comprises web-enabled marketplace and online dashboard to handle applications and on-demand services among other features.

IBM’s aim is to attract entrepreneurial Indian marketplace, which has an estimated 35 million small and medium business units.

IBM Smart Business will deliver:

• A pre-integrated solution to run a business with no manuals required
• Access to a web-based community and marketplace and web-delivered collaborative services, such as access to remote (cloud-based) application services including managed security and hosted back-up and recovery
• A single-point of contact for service and support

You can read more at MyTechBox Online.

Social Entrepreneur of the Year Award 2008

Arbind Singh, Executive Director, Nidan, was today announced as the winner of the Social Entrepreneur of the Year Award 2008 in India. Montek S. Ahluwalia, Deputy Chairman, Planning Commission, India, conferred the award on Arbind Singh at the World Economic Forum’s India Economic Summit. In India, the Social Entrepreneur Year of the Award is an initiative of The Nand & Jeet Khemka Foundation and The Schwab Foundation for Social Entrepreneurship in collaboration with the UNDP.

This award will also provide Arbind with the opportunity to take part in the World Economic Forum Annual Meeting in Davos from 28 January to 1 February and gain access to the Schwab Foundation’s global network. Singh will have unprecedented opportunities to engage with global decision-makers from the public, corporate, media and academic sectors to strengthen and expand his model. The Nand & Jeet Khemka Foundation will honour him as the Khemka Fellow and present him with a financial award of 800,000 Indian Rupees.

Congratulations to Arbind! This is a good motivation for us business owners to continue to our thrive for global business!

Intuit goes global using mobiles

Well, with mobiles? Everyone can go mobile. Below is a quick global small business update for you.

Intuit aims to serve small businesses globally using Web accounting services on mobile phones.

Intuit's QuickBooks small business accounting software runs the back office for many of North America's 31 million small businesses. Now Intuit plans to expand globally by targeting 10 Asian countries, including India, Indonesia, Malaysia and South Korea. Collectively, these 10 Asian countries have 250 million small businesses.

You won't see many notebook computers in the street stalls of Jakarta. Yet even a street sweeper has a mobile phone. So Intuit plans to grow globally by developing mobile-based versions of QuickBooks at its Global Business Division office, based in Mississauga, Canada.

Check out the full story of this news from WashingtonPost.Com!