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Showing posts from March, 2013

Links between crowd funding and Islamic finance?

The idea of Crowdsourcing sometimes sits uneasily with the general sourcing literature. The sourcing literature seems to focus on inter-organisational and/or intra-organisational relationships, market-style arrangements for containing specialised value-added links in a production chain, and ultimately the commodification of work. Crowdsourcing in contrast focuses on mutuality, creativity, on unlocking the potential of dispersed though like-minded individuals to address needs that they agree on. Crowdsourcing is, perhaps, more like Islamic finance than Sourcing or Outsourcing in general. Another way of interpreting, or adapting the Crowdsourcing concept is the idea of Islamic finance. Yomken ( yomken.com ) is a crowdfunding platform for financing projects and business ventures. They employ a crowdsourcing model utilising social networks as communities for gathering funds for new projects and solve problems. The net result is to release capital to entrepreneurs, and generate value while ...

Contradictions in the High Tech Economy...

Observations from the recent article in The Register ( www.theregister.co.uk ) Regarding the recent Corporate IT Forum Report, stating that: "a quarter of businesses believe the biggest bar to developing future IT leaders is “too few opportunities to gain experience due to outsourcing to other economies”. A larger proportion, 27 per cent, said outsourcing to other economies needs to be tackled to address the skills gap, while a third say it's the university courses that need to change to plug that gap." yet... "17 per cent of university-leavers were unable to find jobs in 2011. This is a market in which the demand for qualified IT staff has increased by 23 per cent since 2010, and bosses at 59 per cent of ICT-dependent businesses said their firms are experiencing an IT skills shortage." Why? "...57 per cent of companies complained of a shortfall in technical abilities, while 26 per cent said it’s business skills that jobseekers are lacking. Executives are s...