Back to the complete issue
Friday, 3 June 2016

Millennials are slacking off, bad for business

Yet another thing to blame millennials for: bad business. “We have a serious productivity problem with office workers and estimated that less than 50 percent of their time is spent on value-creating business activities,” wrote one respondent in the Dallas Federal Reserve’s monthly manufacturing outlook survey, released Tuesday. “The younger workers are often off task, engaged on social media, on the internet, texting on phones and other unproductive activities.”

One millennial who isn’t slacking off: Mark Gurman, who has been one of the world’s most-watched reporters on the Apple beat since he was 15 years old. Gurman, now 22, left 9to5 Mac this week to join Bloomberg. One of the best profiles of him out there is this piece in the Columbia Journalism Review, while Business Insider has the genesis story of 9to5 Mac in “How An IT Guy Stranded In Paris Turned Himself Into The Most Powerful Source Of Apple News.”

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.