The NESACS Blog
From the Northeastern Section of the ACS, focusing on career management and development
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11/26/18
Economics of the Chemical Enterprise. 6. Take-overs, Mergers, and Activist Investor Break-ups
Filed under: Recent Posts, Interviewing, Position Searching, First Year on Job, Legal matters, Observ. Trends, Alternate Career Paths
Posted by: site admin @ 7:45 pm

The Chemistry Profession encourages through the
training institutions focusing attention on exclusively
the technical side of the business.  So much of what
we face in the industrial and government realms
involves ECONOMICS.

.
This blog has offered several glimpses via entries on
this different perspective.   I could not help but exclaim
“wow” when CEN covered a story about Bain and
Pfizer forming Cerevel (10-29-18, p. 14).  The same
issue reported Deerfield and UNC organizing a
curious partnership (p. 15).
.
Dow and DuPont dominated CEN 11-19-18) after
their merger and activist investor inspired breakup
of various lower performing divisions.  (pp. 11, 22ff)
.
The latest news is from United Technologies breaking
up into three separate companies.
All these activities remind me of bank buyouts,
ESOPs (Employee Stock Ownership Plans) and 
rapid turnover of company leadership and philosophy
of the 1980s.  
So, please study and become aware of the
economics 
of the industries 
chemistry leads you into. 
Your success, stability and satisfaction will require it.
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11/11/18
Resumes. History and Future
Filed under: Recent Posts, Position Searching, Public Relations docs, Observ. Trends, Alternate Career Paths
Posted by: site admin @ 9:52 am

Lydia Dishman wrote in Fast Company:  “The need exists for a 
summary of professional achievements, preferably verifiable
and hinting at what a person might be like to work with.”   Though
a delivery system for this information is bound to change.

.
Accompanying this future seeking view is some controversy
for first time resume writers, career changers and job-hoppers who
seek growth in low growth environments.  The overall history, 
author Dishman chronicles, includes da Vinci’s ten point ability
list in a letter to Sforza about painting the Last Supper, the French
word origin of personal summary of job skills, and changes in
sections and information to include and/or drop based on length,
format (using PCs and programs).
.
She suggests Linkedin is hastening an irrelevance.  At least nearly
nine-tenths of recruiters seek out the contents and sections of your
profile.  What is problematic is job titles, despite the advances
in keyword matching, full expedited listing of accomplishments
(often via links to documentation), and detail often not possible
in hardcopy forms.
.
With so many possible applicants, time is a premium in making
appropriate decisions without bias.
.
It is highly recommended that you create and seek out best 
practices in digital formats, which Linkedin leads.
Academic positions still do not favor the use of digital forms,
however.

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