text:
Eva Longoria Wants You to Do Her a Flavor
Wendy Bounds sits down with Eva Longoria and Frito Lay marketing chief Ann Mukherjee to discuss the actress's role in helping Frito Lay design a new potato chip flavor, and Emily Glazer looks at the deals at the outlet mall. Photo: Getty Images.
This transcript has been automatically generated and may not be 100% accurate.
... I ... the people we lost in all ... law ... and they were last ... there were mothers and fathers ... there were husbands and wives ... sisters and brothers ... sons and daughters ... friends and neighbors ... their hopes for the future ... and they had dreams that were not yet fulfilled ... and if there's a link to take away from this tragedy hits ... the reminder that ... life is very fresh ... our Washington and Hollywood reacting this point to a gun assault on a midnight screening of the Batman movie in Colorado left with the least twelve dead and wounded more than three dozen others we are just now begin to learn D tells about the sheen it was the worst ... in the US is thirty three people were killed in two thousandseven ... at Virginia Tech a pretty good in it that ... long Forstmann officials have named a suspect is James Holmes his twenty four years old ... it never has no criminal record doesn't appear to be affiliated with extremist ... or terrorist groups he apparently entered the theater at least a rifle a shotgun two pistols and opened fire in front of the theater ... this is this all this entry sixty movie theater or that began around twelve thirty am on Friday when this gunmen set off a canister of what authorities believe to be teargas before he began ... shooting ... police are now searching for the explosives act now his out of telling booby trapped apartment as we wait to learn more D tells on that when a large Meckler in Washington D C to learn how present Obama ... and Mitt Romney over spine to this we're just was in a prison Obama this morning Laura ... is there a right way wrong way for politicians to respond as something of this magnitude ... getting there and I think we as the text of responses from ... from prison Obama and lately and I met Romney as well ... a this is not a time for politics as they have both that and ... they both ... our scaling back when it planned to be updated and just like any other campaigning on ... prison Obama was in Florida for what was supposed to be sad to stop story has gotten really head and diesel made from the heart ... out and cancel the second stock is now on his way back at the first out he really did seize that opportunity to address the tragedy ... of ... Governor Romney has an event in New Hampshire which is just getting under way right about now and he is also expected to address the ... advance in Colorado today ... they both attended taking up there and top of the Colorado airwaves ... so they're basically trying to remove politics from the situation they don't want anybody to think that they are ... on campaigning are talking about what will undoubtedly look like petty issues compared to last a life that we stopped at ... this trip and the response can matter if you recall ... that Mayor Giuliani director of September eleven terrorist attacks in New York City ... came out a statement it is still is sort of ingrained in my mind or he stays somebody said ... you know how many casualties were there he was like more than we can bear ... and it was a very honest ... and and and just that ... right on target ... response if the time ... you hear Mayor Bloomberg here in York right now calling for Mitt Romney and for Pres Obama to be tougher he sings silly words are nice but maybe it's time to to to people who wanna be present in nine states stand up and tells what they're going to do about it because this on this is obviously a problem across the country ... that leads us to gun control are do you think his Bloomberg or say now what you can do about guns in this country is this can finally make both present Obama and Mitt Romney start talking about this more on the campaign trail ... well we might hear some some short-term talk about it ... that it's written in an area there's always conversation about the control after each one of these tragedies that happen in the wake of Virginia Tech ... had happened in the wake of the data Giffords shooting in Arizona ... and back in the ad couple months after that there isn't a seating Pres Obama wrote not bad when he said we need to take on this issue and find reasonable solution and really nothing is come from an Alice ovary well every year that would be sad that so ... really I'm ... the problem is that there are controlled not popular in this country polling showed that support for it is actually at record lows so ... it's kind of a political loser at the end of the day and email me it mean there will be people who talk about and think about it of course there's the people who feel passionately that we need stronger and control ... lot in this country ... that I've read that much time in scenes like this and they are those voices will be heard but how will they be heard for ... I'm I'm I think that the White House believes that this is there's really nothing ... nothing nothing in and really politically for him ... by ... even if he were to try to push it through Congress there is not supporting Congress even among many Democrats for tougher guidelines it's been hard to even maintain that that was that we have now an inquest met Romney spoke during the primaries ... with a lot of passion about his support for the second amendment and four ... to be ... right that people have gotten sell ... a do not expect anything to happen in this except perhaps for some more talk when exceeding it will be watching the that the general public you see children killed in a theater going to see ... a Batman movie ... you know you can imagine that people parents families any body out there isn't a like your more than just if this is limber but a few soothing words are a lot Meckler Byzantine as she's in Washington DC ... other ramifications honestly in Hollywood in the movie theater industry ... from the shootings Alexander Chini is with her Speakeasy block she's here it is now on set ... the impact already beginning that ... were seen some shutdowns of movie from years tighten security tells which announced in the ... sun and playing ... them through here with that in Paris tonight one of the desk ample backside the not work in and pop red carpet awesome and this isn't the time for that obviously signing their ... apologies and and feelings out ... aam but it is worth noting that the film What facto ban on four thousand four hundred and four locations ... which is the second widest release after Twilight ... either Twilight saga Eclipse Mideast ... so that's the day that people have been talking and saying this kind of ... E-mail be a bigger opening band The Avengers which came out in a May day during two two hundred and seven million by opening weekend speedo and in no way can we compare the financial impact on the Cedars ... to to the human impact of of of this ... you know ... nevertheless we're going to seem ripple effects from this ... down the road on this this industry ... they look to these midnight screenings these places for people common dress up ... as dividends it is one of few things that keeps people excited ... about going to the big screen ... and yet you see somebody ... you know using that is the way to basically destroyed when Lyons you can imagine that ... it can be a crackdown and maybe hitters have the financial wherewithal to beef up security profit margin sorority so thin ... and can they handle it Ayatollah like this ... from everyone I've spoken to you all that all the box office as they usually talk to it's just too early to tell no one knows ... you know ... are they getting cancel screenings are they not ... based on the Zarti sold out two thousand screenings across the country ... are those in Abcam folds ... it's kind of at this point I'll wait and see ... as the individual theater chain fee no make that decision we know when your lease new or not say please the eye department is already the many security ... here in the city I you know people look for thinking like in baseball stadiums another round two locales that we do to win a massive amount of people ... there is there is tighter security there will we have had hours of movie theaters and this is all ... questions that will be answered in the future ... unfortunately our eyes Alexander she thanks for being with us I and just in in a game of poker present Obama ... he's saying take a witness tragedy as a reminder that life is fragile ... lamented that the end of the day is not the small things is not trivial things ultimately is how we choose to treat one another ... with one another ... I ... in effect addition lunch break I'm Wendy bounds if your head to the outlet mall this weekend looking for deals well ... you might wanna put your foot on the brakes just a little bit some these bargains are not always their family Glazer ... is right here beside me to explain this concept is people had upper back to school shopping they ... think the deals are there but you can smell the reasons why women love slowdown that exactly and we know people love sales so it's hard to resist and people have we wanna just make sure that the buyer be their attitude out there so ... however Monster typically you know forty five to sixty minutes outside of metropolitan areas of people ... are spending gas money to get there and feel like they must meet that Chatsworth and come back with Telefónica's ... tons of shopping bags ... but what we're finding is that sometimes the merchant banks in those stores ... are not that seemed quality as in the racial retail stores ... so let's talk about tonight in terms of interests the sheer quantity of the city's Alice was in with thirteen thousand across the country center as an individual stores with about three hundred different brands accompany perhaps from a briefing ... on consumer reports study that took of really deep look at ... what's happening what's happening Alamo know what it is surprising is that you know if you're seeing look to the surprise of the things that has me thinking when you think you're seeing is brands there ... are a bit you can trust and it isn't funny when you buy me beer actual stores ... they actually sometimes give you let's recall that that's a gallon on and ... on in the consumer reports anything particularly cake salad at the gap ... J crew ... aam pottery barn were some of the ones that just need materials that were of lesser quality so the thing is that you should be looking for each really ... Trina Garmin inside out examined the state's ... right you should look and see Ardi beating in polyester way back on materially up to check that app for that ... also seen what country the Many faction atypically good other countries for cheaper labor for these types of products and a and and they also I had to stick with the wool base they ... write nine ninety-nine downright Randell then all would like right underneath the six ninety nine the Dow ... and the whole that the new thing to get a big deal but they just make up that top line under an act ... of the most exciting parts and what did he think he got down to read the al you're getting a hundred dollars off your winning ... then you might to might not be brought to Sydney Money parenting Examiner now a mom I like the wonder spot ... KB and appreciated ... the arrival of the summer's hottest books and gone girl is land and it landed a one point five million dollar movie deal and Reese Witherspoon is involved ... Stephanie colonists right here beside me on girl ... we didn't have we been even notices can be such a big hit today really has the service psychological thriller that is a psychological throwing here midtown people are missing the or something stops that was ... the back deck I like fifty Shades of Grey and mom were never in a make or subway stops in with all these great books the good things so quickly tells us that this is the top line will get to the technicalities of the deal okay it's a psychological thriller about a marriage and welcome to bring to the U S from unreliable narrators and the need ... for weeks up one morning a perfect anniversary ... and soon she's missing and neck her husband's ... constant prepare for the rest of us and above the falls for today let's get to the stats I acquired last week but twentieth Century Fox fur ... in the one point five brilliant ... but that could be so swingers on top of that love is like bonus is that I actually made right which it's hard to sometimes these books are hard to adapt and if I'm the writer is unusual is the right here she's trying to scream when she's written a screenplay which is really cool they are and what an unusual on so she gets extra money on top of that can she get full credit ... which she you know ... she was a journalist for a long time and she did so screenwriting before she's about to get it in a weekly as I was recovered though and you know a further ten weekly and as a journalist she feels like she's adaptable enough to do that yet I still know Reese Witherspoon is involved in a couple of plays with and ... she is I'm sure she got the manuscript she wanted to use it that I'm I'm told that she's wants to play me ... so ... she is slated to start but with the Jayhawks could not ... confirm that but that's what my sources told her production company I someone like her is involved ... is this really can this be having a big name agrees with us Natasha bets are held the twentieth century Fox's ... attention you think ... well clearly I think they went to about four or five studios and even with her in the route it right away wasn't immediately sold but then Universal ... was really excited about and that the wind is long negotiations and in the meantime ... the book just started the book was published by hangin fit then climbed the ... bestseller lists and then now Scott the staff came in and just not ... enough that it has called on girl you wanna read more about how this deal came together you got a great service to become when it's on to Vishay dot com and paper to thank so much pain for being with this ... when we come back we had a desperate housewife Eva Longoria onset will be back in thirty seconds ... simply ... send the local laws ... Thanksgiving dinner ... I ... like it or not ... the ... I if you're desperate housewife what flavor of chip would you even one as evil in Korea getting that right now she's right beside me she's part of it that it's it's lazy ... to help us all to go up that we need next flavor first ... the content of the time I had to ... do what we know what I did sixty years they may try the dynamic or DTC marketing officer redolent with this now so ... this contest you guys are doing basically you let us ... as consumers come up with our own dishes plan that's right the next week with a twenty one customers tell us what it should be ... at the odds that the hubby Eva Longoria to the UN spokesperson ... restaurants here ... she relented ... and consumers ... how to get to her because she's getting one of the judges that they ... it's not even you had a nice restaurant last Angeles and you'll get the consumer's Guinea balls with his new teacher mean flavors and new teacher I was doing trying to control three ... nights in ... the freedom ... of L three M is generously giving one million dollars which isn't great intended to be ... different is based ... on what I've seen and twenty with two kitchens happenings and what's selling and likes non aam site do with them nothing like which ... makes not portions of its bigger horses that ... this is not selling this is telling me me ... our ultimate ... version of this and so he acted in a trading card ... has been extended by this because ... aam I love only when companies like police to act to consumers and let me reproduce Peyton ... and reward them for fine private practice here's a few while I kept telling that to me this is a campaign that this is the Super Bowl with a lead everybody create their own commercial Potischman money like that ... the trickiest part of living like people like me ... I mean ... I like me ... yet that's the whole thing is is not faster this ... way just like that really doesn't just like the way it with any brand PepsiCo PEP see how it doesn't matter you gotta trust you can see ... it the ended the day that I make sure that what you're willing to deal with other occupants in ... it so we can come up with any plant in any flavor and win the presidency Japan about me you did this and some other countries in awe of the new Q seems likely to lead top ranked agents for all ... citizens must know when to start a company in the United Kingdom and India South Africa ... the first winner was the longest profits ... it was every breakfast product can think of how much ... he she has been the ins with the most amazing to me ever ... so the creativity that we've seen from this over who has been going on yet ... another visit the first time the United States ... it's going to be doing now I asked so ... you can get beyond desperate Housewives what she would she come up with no not an expensive one ... double the price of late every day ... we really only ... one looking up ... and you didn't know what the margins get eighty million dollars or twenty one percent of the scale of the project was never quite ... tell yet ... yet our ... leaders today that actually if you were at Lowe's flavors begin with and lots of somewhat impress you with a recipe I mean people have to come up with these recipes on Facebook that ... actually makes its U S and NATO CreditSights yet what impressed you want people to stop ... coddling him to find ... the money is that this may well be great ... I ... checked to see Tiger they'd caught the eye and then I tell on you know I'm not AHTSs awesomely chip some time in seven words like hot chili via ... they've got a Mexico ... and in my friend from Spain that you know the great Friday and you know they've done why not sell it this is the KTV in the way you can expand your mind is can be really difficult is that they made an offer to come up like into regions are teachers cops and ship or something awesome ... I that's not to tell us what's new ... social media component of this this is pretty big feat that Facebook is for messing with some of the ... icons you know in terms of a white twice what we have ... to pay for things that has been sucking it up so that they actually creating the buffet this promotion spot ... right fielder ... lots ... and lots ... of reasons you'd rather peaceful ... when you're free to play you can share with anyone ... the thing you can come up with the flavor ... but Color chef Michael sign and playwrights ... EEP wanting to go into a time when he went to a French press coffee simply ... respond to the French the contents of this ... utility you can come and and play and shared out of three candidates for much of how not to report this country right now to people continually talking about here is the beginning he is a tricky with attaining to campaign in how you guys were desperate to keep you know I mean ... for me ... the basic actually you know when to ensure that any bearing on the I always have the intelligence Mayo is a comfort in its iconic go to ... food and so ... and and and Tito chips that I want to move the night here and I find ... with ... my The friends watching sports whatever it is I think ... it's all a bounce we can see I think you need to be able to ... go out on a non brand I'm not sure I still believe that she takes it ... to get your reading in the morning in time square ... Liberty students and community campaigns planned to do ... today ... a word the ... Atlantic ... isn't it


text:
It begins with dissatisfaction. Over, of all things, rapunzel.
The herb, the seasoning. Not the beautiful Rapunzel.
A pregnant wife (at last!), a witch's garden next door.
The missus just has to have some rapunzel.
Of course the husband gets caught. The witch curses
him as he stands there with a handful of pungent rapunzel.
Unless . . . Now the part everybody knows: that tower,
the witch calls out and up she goes to the top of Hotel Rapunzel.
Enter the prince who hears the singing, sees how it's done,
and that night calls out himself to the lonely Rapunzel.
But not too bright. Pregnant and starting to show, she
asks the witch why she is heavier than a prince. Oh, Rapunzel.
She is taken to a desert, the prince is blinded by thorns.
He wanders for years living on nuts and berries and rapunzel.
On paper, it ends as expected. He hears the singing.
Her tears restore his sight. It's ever-after time for Rapunzel.
His journal, however, is one long lament — if he'd just ridden
on that day. If he'd just never heard of Rapunzel.
From the November/December 2008 issue of The Horn Book Magazine. A second poem, titled "Hansel and Gretel," can also be found in this issue. For more fairy tale–inspired poems by Ron Koertge, see the May/June 2011 and July/August 2012 issues. Don't miss our starred review of his collection Lies, Knives, and Girls in Red Dresses.

subset: commoncrawl


text:
Case Studies
World's first digital twin for mine value chain optimisation
Last month at Future of Mining 2018, PETRA Managing Director, Penny Stewart demonstrated the world's . Read more...
Algorithms – Mining's crystal ball
This article was first published by Mining Magazine, 3 June 2017 and is reproduced here with . Read more...
Newcrest-PETRA collaboration on big data delivers results
In his address to the Sydney Mining Club today, Newcrest CEO Sandeep Biswas talks . Read more...
PETRA Data Science named as finalist in Austmine 2017 Awards
The team at PETRA Data Science is delighted to announce that their engineered data . Read more...
Machine learning AI enters underground mines
Our FRAGx® algorithms uses 3d mapping point cloud data (e.g. UGPSRapidMapper, 3D Laser Mapping or MVS) to automatically assess ore fragmentation in less than a minute. Read more...
Real-time predictive maintenance by treating pumps like people
We developed innovative new breakdown algorithms by adapting epidemiological methods to predict pump breakdowns - or any equipment breakdown. Read more...
Hundreds of Algorithms Deployed
Applied dynamic time warping and machine learning to predict pump pressure spikes.
Find Out More
Algorithm to predict SAG mill overloads resulting in downtime (real-time warnings using real-time plant PI data).
Find Out More
Big data mine to mill study identified opportunities to optimise drill and blast to improve SAG mill performance.
Find Out More
Multifactor analysis of truck dispatch data identified characteristics of the best operators.
Find Out More
Optimise primary crusher feed rate and start-up speed for variable weather, fragmentation and ore type.
Find Out More


text:
What's the Point: An Argument Against Voting
The only thing Jack Agnew dislikes as much as Russell Brand is democratically supporting a neoliberal system.
The only thing Jack Agnew dislikes as much as Russell Brand is democratically supporting a neoliberal system.
In this article, Brandon Ashford urges for a Conservative government in 2015. to continue the plans begun by the coalition.
In this article, Gregory Pichorowycz dismisses the political compass as an unnecessary oversimplification.
Alex Lumsden analyses UKIP's woes and what Nigel Farage can reasonably expect come the general election.
Labour leader Ed Milliband is facing legal prosecution from animation producers Aardman Studios after the company criticised his unauthorised use of image rights to the beloved TV character Wallace.
Having realised that, in the middle of a poor economic climate it is going to be very hard to fund a national living wage, equal pay act and free ice cream on Thursdays, Labour have today announced their economic policy for 2015 will centre around finding the lost & mystical city of 'El Dorado'.
Editor Simon Renwick welcomes you to the latest edition of Canvas, titled 'Significant Events of the 20th Century'.
In this article Beth Miller looks at New Labour and in particular at Tony Blair and some of the things he was able to achieve.
Canvas presents highlights from Sheffield Sal event: "Nanny, Nudger or Therapist?: is the State Enhancing or Undermining our Personal Decision Making?"
In this article, Christy McMorrow explore the possibility and mertis of a 'living wage' policy


text:
tag:blogger.com,1999:blog-78360532018-08-28T04:06:43.920-04:00BizzBangBuzz by deal attorney & business lawyer, Anthony CerminaroBlawg (law blog) focused on business, commercial transactions, technology startups and emerging growth companiesAnthony Cerminarohttps://firstname.lastname@example.com://feedburner.google.comtag:blogger.com,1999:blog-7836053.post-20822777018788429422012-05-08T07:58:00.001-04:002012-05-08T07:58:07.913-04:00The World is Being Flattened
... by Ten Forces

Collapse of Berlin Wall--11/89: The event not only symbolized the end of the Cold war, it allowed people from other side of the wall to join the economic mainstream. (11/09/1989)

Netscape: Netscape and the Web broadened the audience for the Internet from its roots as a communications medium used primarily by 'early adopters and geeks' to something that made the Internet accessible to everyone from five-year-olds to eighty-five-year olds. (8/9/1995)

Work Flow Software: The ability of machines to talk to other machines with no humans involved. These first three forces have become a "crude foundation of a whole new global platform for collaboration."

Uploading: Communities uploading and collaborating on online projects. Examples include open source software, blogs, and Wikipedia - "the most disruptive force of all."

Outsourcing: Allows companies to split service and manufacturing activities into components, with each component performed in most efficient, cost-effective way.

Offshoring: Manufacturing's version of outsourcing.

Supply-Chaining: Compare the modern retail supply chain to a river. Wal-Mart may be the best example of a company using technology to streamline sales, distribution, and shipping.

Insourcing: UPS is a prime example for insourcing, in which the company's employees perform services--beyond shipping--for another company. For example, UPS itself repairs Toshiba computers on behalf of Toshiba. The work is done at the UPS hub, by UPS employees.

In-forming: Google and other search engines are the prime example. "Never before in the history of the planet have so many people-on their own-had the ability to find so much information about so many things and about so many other people".

"The Steroids": Personal digital devices like mobile phones, iPods, personal digital assistants, instant messaging, and voice over Internet Protocol (VoIP).

List and quotes from The World is Flat by Thomas Friedman

Anthony Cerminarohttps://email@example.com://bizzbangbuzz.blogspot.com/2012/05/world-is-being-flattened.htmltag:blogger.com,1999:blog-7836053.post-17023624565707601732012-01-09T12:34:00.000-05:002012-01-09T12:34:10.919-05:00The MBA Oath
The MBA Oath is a voluntary pledge for graduating MBAs and current MBAs to "create value responsibly and ethically."
The MBA Oath

As a business leader I recognize my role in society.

My purpose is to lead people and manage resources to create value that no single individual can create alone. My decisions affect the well-being of individuals inside and outside my enterprise, today and tomorrow. Therefore, I promise that:

• I will manage my enterprise with loyalty and care, and will not advance my personal interests at the expense of my enterprise or society.

• I will understand and uphold, in letter and spirit, the laws and contracts governing my conduct and that of my enterprise.

• I will refrain from corruption, unfair competition, or business practices harmful to society.

• I will protect the human rights and dignity of all people affected by my enterprise, and I will oppose discrimination and exploitation.

• I will protect the right of future generations to advance their standard of living and enjoy a healthy planet.

• I will report the performance and risks of my enterprise accurately and honestly.

• I will invest in developing myself and others, helping the management profession continue to advance and create sustainable and inclusive prosperity.

In exercising my professional duties according to these principles, I recognize that my behavior must set an example of integrity, eliciting trust and esteem from those I serve. I will remain accountable to my peers and to society for my actions and for upholding these standards.

This oath I make freely, and upon my honor.

Anthony Cerminarohttps://email@example.com://bizzbangbuzz.blogspot.com/2012/01/mba-oath.htmltag:blogger.com,1999:blog-7836053.post-40821583314516162952011-10-05T09:16:00.000-04:002011-10-05T09:16:44.543-04:00Business Plan BasicsWhat makes for a successful business plan? This post from Noah Parsons covers the essentials:

"Executive summaries need to be short, direct, and provide an overview of the business opportunity ... A good plan will communicate what the business does, who the target market is, and what the potential upside is in no more than 5 sentences.

"Expenses – A common failing in business plan financials is to either under-estimate expenses or to leave out some expenses altogether ... make sure that your P&L includes all ... costs for running your business.

"Optimism – Optimism is great ... but ... make sure your [sales] forecast is realistic. Most business plan readers are going to question what appears to be overly optimistic growth scenarios ...

"Market Size – ... Divide your market into manageable segments such as location, customer needs, age, income, etc. Without a realistic market segmentation strategy and a marketing plan that addresses that segmentation, you will have a difficult time implementing the plan."

Anthony Cerminarohttps://email@example.com://bizzbangbuzz.blogspot.com/2011/10/business-plan-basics.htmltag:blogger.com,1999:blog-7836053.post-77267537967359772212011-09-29T09:56:00.000-04:002011-09-29T09:57:02.987-04:0020 Startup Business Questions1. Am I prepared to spend the time, money and resources needed to get my business started? 2. What kind of business do I want? 3. What products/services will my business provide? 4. Why am I starting a business? 5. What is my target market? 6. Who is my competition? 7. What is unique about my business idea and the products/services I will provide? 8. How soon will it take before my products/services are available? 9. How much money do I need to get my business set up? 10. How long can I have to finance the company until I start making a profit? 11. Will I need to get a loan? 12. How will I price my product compared to my competition? 13. How will I market my business? 14. How will I set up the legal structure of my business? 15. How will I manage my business? 16. Where will I house my business? 17. How many employees will I need to start up? 18. What types of suppliers do I need to contact? 19. What kind of insurance do I need to invest in? 20. What do I need to do to ensure I am paying my taxes correctly? SOURCE: 20 Questions Before Starting a Business SBA.gov

Anthony Cerminarohttps://email@example.com://bizzbangbuzz.blogspot.com/2011/09/1.htmltag:blogger.com,1999:blog-7836053.post-51887401518385711632011-08-30T10:17:00.002-04:002011-08-30T10:17:23.923-04:00Corporate Governance Resources
PwC-Center for Board Governance

NACD Board Leadership Conference 2011

CFOdirect

CorpGov.net

All About Boards of Directors

SSRN: Governance, Corporate Control & Organization

IFC Corporate Governance

NASDAQ - Corporate Governance Resources

Deloitte: Corporate Governance

Stanford Rock Center for Corporate Governance

Corporate Governance Research Program: Stanford GSB

Corporate Governance Matters Presentations

Anthony Cerminarohttps://email@example.com://bizzbangbuzz.blogspot.com/2011/08/corporate-governance-resources.htmltag:blogger.com,1999:blog-7836053.post-16788216817009932812011-08-14T09:34:00.002-04:002011-08-14T09:34:44.671-04:00Corporate Culture DefinedGood definition of corporate culture from Innovation Excellence:

"Corporate culture is the set of assumptions, beliefs, practices, formal and informal rules and attitudes about how a company operates. Corporate culture evolves over time, and is both formal and informal. Corporate culture often shifts over time as well. Young entrepreneurial firms and startups have a culture that thrives on risk, speed and change. Growth is paramount. Older, established firms have a culture more typically based on rules, hierarchy, achievement of predictable milestones. While many firms have elaborately detailed organizational hierarchies and established workflows, corporate culture is often much more informal, and more powerful than any individual, and often more powerful than senior executives appreciate or expect.

"In an organization with a strong corporate culture, people learn to fit in quickly, adjust their thinking to the predominant culture or are quickly ostracized. Corporate culture, more than any other factor, details how people think, what they believe is important and valuable, and dictates how work should get done. It is difficult to change, especially under duress, and often communicates much about the values and intentions of a business."

Anthony Cerminarohttps://email@example.com://bizzbangbuzz.blogspot.com/2011/08/corporate-culture-defined.htmltag:blogger.com,1999:blog-7836053.post-31330113968855599122011-07-06T08:31:00.002-04:002011-07-06T12:56:44.352-04:00Casey Anthony Jury Had No ChoiceI have been asked to comment on the Casey Anthony trial. I did not follow the trial in detail as it was happening. I am not in a position to judge particular tactics used by the lawyers, nor am I able to offer my opinion on the adequacy of the evidence presented. I focus on the result - the "not guilty "verdicts.

In Florida, to prove the crime of First Degree Premeditated Murder, the State must prove each of the following three elements beyond a reasonable doubt:

1. (Victim) is dead.
2. The death was caused by the criminal act of (defendant).
3. There was a premeditated killing of (victim).
What is a reasonable doubt? Standard Florida jury instructions provide as follows (emphasis added):

A reasonable doubt is not a mere possible doubt, a speculative, imaginary or forced doubt. Such a doubt must not influence you to return a verdict of not guilty if you have an abiding conviction of guilt. On the other hand, if, after carefully considering, comparing and weighing all the evidence, there is not an abiding conviction of guilt, or, if, having a conviction, it is one which is not stable but one which wavers and vacillates, then the charge is not proved beyond every reasonable doubt and you must find the defendant not guilty because the doubt is reasonable.

It is to the evidence introduced in this trial, and to it alone, that you are to look for that proof.

A reasonable doubt as to the guilt of the defendant may arise from the evidence, conflict in the evidence, or the lack of evidence. If you have a reasonable doubt, you should find the defendant not guilty. If you have no reasonable doubt, you should find the defendant guilty.
Casey Anthony does not behave as many people believe she should. She may have mental problems. She may have killed her daughter. Much of the public and many passionate commentators have concluded that she is a murderer. Fortunately for us, her guilt or innocence must be determined in a court of law.

My take on the situation is this: The jury members took their jobs very seriously. Based on the evidence that was presented in court, they were not convinced that each element of the charged felony offenses had been proven beyond a reasonable doubt. As to the first degree murder charge, probably, the conflicting evidence about the 2nd and 3rd elements of the crime entered into their decision making.

I found particularly haunting the statement by the alleged paramoor of Casey's father that he had told her that Caylee's death had been an "accident that snowballed out of control." Also, the prosecution had trouble establishing exactly how Caylee died.

What is galling about this, is that Casey's lying contributed to the delay in finding Caylee's body. Nonetheless, the burden of proof does not shift to the defendant in a criminal trial, no matter how big a liar she is alleged to be. Nor should it.

Whatever conviction the jury had of Casey's guilt, it must have been of the "wavering and vacillating" variety. That being the case, they had no choice but to acquit her.

Anthony Cerminarohttps://email@example.com://bizzbangbuzz.blogspot.com/2011/07/casey-anthony-jury-had-no-choice.htmltag:blogger.com,1999:blog-7836053.post-18877541514844770952011-06-25T11:05:00.000-04:002011-06-25T11:05:53.055-04:00So You Want to Start a Business?
This Guide to Starting a Corporation from Fenwick & West offers a good overview of the process.

Anthony Cerminarohttps://email@example.com://bizzbangbuzz.blogspot.com/2011/06/so-you-want-to-start-business.htmltag:blogger.com,1999:blog-7836053.post-77905914479157069132011-06-20T11:41:00.000-04:002011-06-20T11:41:14.551-04:00Startup Employment AgreementThis Startup Employment Agreement from Inc.com is used by startup companies to establish terms and conditions of their workers' employment. The agreement outlines compensation, benefits, policies, and rights for the employee and employer and is customizable for your company's usage.

Anthony Cerminarohttps://email@example.com://bizzbangbuzz.blogspot.com/2011/06/startup-employment-agreement.htmltag:blogger.com,1999:blog-7836053.post-34709565970796522542011-06-17T10:45:00.000-04:002011-06-17T10:45:34.314-04:00Leaders as Problem Finders"Practicing problem-finding helps leaders spot and address emerging concerns while they are still manageable and before they turn into disasters...[Use]these seven steps...

1.Circumvent the gatekeepers – get unfiltered information.
2.Become an ethnographer...
3.Hunt for patterns – try to draw on past experiences but don't get caught in the trap of misusing analogies.
4.Use intuition to "connect the dots"...
5.Encourage innovative thinking...
6....Adopt the military's 'After Action Review'(AAR) process to learn and improve;
7.Create a climate of information-sharing – encourage people to speak up and have a mindset of 'openness.'"

Read more in this post from NACD Blog.

Anthony Cerminarohttps://email@example.com://bizzbangbuzz.blogspot.com/2011/06/leaders-as-problem-finders.htmltag:blogger.com,1999:blog-7836053.post-1445872879908889362011-06-11T08:37:00.001-04:002011-06-11T08:38:55.349-04:00Top Ten Startup Legal Mistakes
# 10: Failing to incorporate early enough.

# 9: Issuing founder shares without vesting.

#8: Hiring a lawyer not experienced in dealing with entrepreneurs and venture capitalists.

#7: Failing to make a timely Section 83 (b) election.

# 6: Negotiating venture capital financing based solely on the valuation.

#5: Waiting to consider international intellectual property protection.

#4: Disclosing inventions without a nondisclosure agreement, or before the patent application is filed.

#3: Starting a business while employed by a potential competitor, or hiring employees without first checking their agreements with the current employer and their knowledge of trade secrets.

#2: ...failing to comply with state and federal securities laws.

#1: Thinking any legal problems can be solved later.

Read more in this HBS Working Knowledge article

Anthony Cerminarohttps://email@example.com://bizzbangbuzz.blogspot.com/2011/06/top-ten-startup-legal-mistakes.htmltag:blogger.com,1999:blog-7836053.post-87396378846190134722011-05-17T17:36:00.000-04:002011-05-17T17:36:47.674-04:00.XXX Domain Names - Get 'em while they're hot"While traditional rights protection mechanisms, such as the Uniform Domain Name Dispute Resolution Policy (UDRP), will apply to .xxx domain names, and while ICM Registry has implemented a host of other protection mechanisms that will aid trademark owners seeking to combat infringing - or simply disparaging - use of valuable brands, trademark owners should consider 'pre-reserving' and/or defensively registering key .xxx domain names containing valuable trademarks." Advice from this Foley Hoag LLP post.

Anthony Cerminarohttps://email@example.com://bizzbangbuzz.blogspot.com/2011/05/xxx-domain-names-get-em-while-theyre.htmltag:blogger.com,1999:blog-7836053.post-10221577569757141902011-05-16T13:37:00.002-04:002011-05-16T13:37:52.158-04:00Mutual Non-Disclosure AgreementThis Mutual Non-Disclosure Agreement from Inc.com is a sample contract between two parties exploring a business opportunity of mutual interests, whereby the parties agree to treat disclosed information concerning the opportunity as confidential.

Anthony Cerminarohttps://firstname.lastname@example.com://bizzbangbuzz.blogspot.com/2011/05/mutual-non-disclosure-agreement.htmltag:blogger.com,1999:blog-7836053.post-23165369786704415332011-05-12T08:53:00.000-04:002011-05-13T16:26:41.989-04:00Creativity Begins with Little Bets"The best way to predict the future is to invent it." -- Alan Kay

"...Unleashing our creativity, however deeply it's hidden, begins with little bets...concrete actions taken to discover, test, and develop ideas that are achievable and affordable..."

"Becoming more comfortable with failure, and coming to view false starts and mistakes as opportunities opens us up creatively."

"Most entrepreneurs launch their companies without an ingenious idea and proceed to discover one, or if they do start with what they think is an ingenious idea, they quickly discover that it's flawed and then rapidly adapt."

--- from Change This - Little Bets: Think Differently

Anthony Cerminarohttps://email@example.com://bizzbangbuzz.blogspot.com/2011/05/creativity-begins-with-little-bets.htmltag:blogger.com,1999:blog-7836053.post-88262687864124185312011-05-09T10:06:00.000-04:002011-05-09T10:06:28.592-04:00Yale Trivia PresentationI was privileged on Friday night to be the representative of the Princeton Alumni Association of Western Pennsylvania at the Yale Club of Pittsburgh annual dinner. My role was to offer greetings and remarks ribbing or roasting the Yalies. I used a format from a Jeopardy-like game show that I have reproduced as a presentation.

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Anthony Cerminarohttps://firstname.lastname@example.com://bizzbangbuzz.blogspot.com/2011/05/yale-trivia-presentation.htmltag:blogger.com,1999:blog-7836053.post-50012772203536841262010-03-12T11:42:00.000-05:002010-03-12T11:42:44.113-05:00So Now You're the Boss

"If there's one big workplace lie that any new manager should wise up to fast, it's 'There are no office politics here.' ... There's no workplace on the planet where fostering good relationships isn't key to getting things done.

And now that you've become a boss, it's even more important that you "get" the political environment of your office and learn how to work effectively with higher-ups, peers, and direct reports...

Understand How Your Role Has Changed...
Know What You Don't Know...
Master the Unwritten Rules...
Be Loyal, to a Point...
Build the Support You Need to Get Things Done..."

"Make a graceful exit from your old position...
Create good relationships early on...
Speak the language of inclusion...
Show trust in your staff...
Utilize your new employees' strengths...
Lead by example...
Don't get bogged down in details...
Be sensitive to corporate culture.Resist the temptation to change standard operating procedures too quickly, before you fully understand the environment...
Develop a style of management that is fair and consistent...
Seek out a new set of professional peers and mentors...
Strive for personal balance..."

Read more in this article from BNET and this article from Monster.com from which the foregoing were quoted.

Anthony Cerminarohttps://email@example.com://bizzbangbuzz.blogspot.com/2010/03/so-now-youre-boss.htmltag:blogger.com,1999:blog-7836053.post-69283742952389315592010-03-10T09:36:00.000-05:002010-03-10T09:36:12.225-05:00Five Modes of Decision Making

The Four Components of Decision-Making
There are four components to decision-making: data gathering, information processing, meaning-making, and decision-making, or deciding on a course of action...

The Five Modes of Decision-Making
There are five modes of decision-making. The difference between each mode of decision-making is the amount of emphasis that is given to each of the four components of decision-making. The five modes of decision-making are based on instincts, subconscious beliefs, conscious beliefs, values, and intuition.

Instinct-Based Decision-Making
...The main features of instinct-based decision-making are: a) actions always precede thought – there is no pause between meaning-making and decision-making for reflection, b) the decisions that are made are always based on... instructions... encoded in... our DNA... and c) we are not in control of our actions and behaviours. They are in control of us.

Subconscious Belief-Based Decision-Making
In subconscious belief-based decision-making, we also react to what is happening in our world without reflection but on the basis of personal memories rather than cellular (DNA) memories... the behaviours we are displaying are based on deeply held beliefs...

Conscious Belief-Based Decision-Making
...In conscious belief-based decision-making we have time to think about what decision to make, and we have time to discuss with others and build consensus. However, conscious belief-based decision-making has one thing in common with subconscious belief-based decision-making: it uses information based on past experiences (what we think we know) to make decisions about the future. It creates a future very much like the past. At the best, the future we create is only incrementally different...

Values-Based Decision-Making
If we truly want to create the future we want to experience, we have to shift from conscious belief-based decision-making to values-based decision-making... all critical decisions need to pass the values test...The question we need to ask when making a decision is "Is this decision rational and is it in alignment with our values?" If it isn't ... think again... When we hold a vision, we consciously make decisions that keep us heading in that direction. When we have a mission, we consciously make decisions that support the attainment of that mission. In every case we are making decisions that help us consciously create the future we want to experience...

Intuition-Based Decision-Making...

Read more in this post from BigBrain.com

Anthony Cerminarohttps://email@example.com://bizzbangbuzz.blogspot.com/2010/03/five-modes-of-decision-making.htmltag:blogger.com,1999:blog-7836053.post-55478601386214164752010-02-15T09:46:00.001-05:002010-02-15T09:47:17.018-05:00Rock the CasbahThis film enjoyed I tremendously watching last evening. Here is the Criterion Collection blurb that well describes the movie.

"One of the most influential political films in history, Gillo Pontecorvo's The Battle of Algiers (La bataille d'Alger) vividly re-creates a key year in the tumultuous Algerian struggle for independence from the occupying French in the 1950s. As violence escalates on both sides, children shoot soldiers at point-blank range, women plant bombs in cafés, and French soldiers resort to torture to break the will of the insurgents. Shot in the streets of Algiers in documentary style, the film is a case study in modern warfare, with its terrorist attacks and the brutal techniques used to combat them. The Criterion Collection is proud to present Gillo Pontecorvo's tour de force—a film with astonishing relevance today."

The Battle of Algiers (1966) - The Criterion Collection

Anthony Cerminarohttps://firstname.lastname@example.com://bizzbangbuzz.blogspot.com/2010/02/rock-cashbah.htmltag:blogger.com,1999:blog-7836053.post-78622308090664361632010-01-19T14:20:00.000-05:002010-01-19T14:22:03.116-05:00Most Mission Statements are Worthless"Most corporate mission statements are worthless. They consist largely of pious platitudes...A mission statement should not commit a firm to what it must do to survive but to what it chooses to do in order to thrive. Nor should it be filled with operationally meaningless superlatives such as biggest, best, optimum, and maximum...

"To test for the appropriateness of an assertion in a mission statement, determine whether it can be disagreed with reasonably. If not, it should be excluded. Can you imagine any company disagreeing with the objective "to provide the best value for the money." If you can't, it's not worth saying.

"What characteristics should a mission statement have? First it should contain a formulation of the firm's objectives that enables progress toward them to be measured....Second, a company's mission statement should differentiate it from other companies...Third, a mission statement should define the business that the company wants to be in, not necessarily is in. However diverse its current business, it should try to find a unifying concept that enlarges its view of itself and brings it into focus...

Fourth, a mission statement should be relevant to all the firm's stakeholders. These include its customers, suppliers, the public, shareholders, and employees. The mission should state how the company intends to serve each of them...Finally, and of greatest importance, a mission statement should be exciting and inspiring. It should motivate all those whose participation in its pursuit is sought...

"If your firm has a mission statement, test it against these five criteria. If it fails to meet any of them, it should be redone.

Read more in this paper by Russel Ackoff. You may also wish to check out these related posts.

Anthony Cerminarohttps://email@example.com://bizzbangbuzz.blogspot.com/2009/02/your-mission-improved-mission.htmltag:blogger.com,1999:blog-7836053.post-23396293164589758982010-01-06T11:02:00.000-05:002010-01-06T11:03:11.909-05:00How to Solve Intractable ProblemsI highly recommend this profound presentation by the late Dr. Russell L. Ackoff, the dean of the systems thinking community. In it, Dr. Ackoff dicusses the history, nature and application of systems thinking. A few of his observations will give you an idea of the force of the presentation:

-The properties of a system (e.g. a business organization, an automobile or the human body) depend on the way in which the parts of the system interact.

-When a system is taken apart, it loses all of its essential properties and so do each of its parts (e.g. Take the motor out of an auto and what's left is not an auto. Moreover, the motor no longer moves anything. It just sits there.)

-A system is not the sum of its parts. It is the product of the interactions of its parts.

-The performance of a system is not ordinarily improved by improving the performance of its parts individually (e.g. "fixing" the marketing department may not improve the performance of the business organization).

-To "dissolve" or eliminate a problem (as opposed to absolving, resolving or solving it), ideally redesign the system of which the problem is a part to eliminate the problem, and then see how close you can come to realizing the ideal redesign.

-The strength of the U.S. economic system is its tremendous ability to survive its inefficiencies.

-The U.S. educational system kills creativity.

-The righter you do the wrong things, the wronger you become. Better to do the right things wrong, than the wrong things better.

Dr. Ackoff cites specific instances where systems thinking was used to dissolve seemingly intractable problems. To eliminate an illiteracy problem in an inner city grade school, for example, a team of which Dr. Ackoff was a member, used a grant to set up a continuous showing of Charlie Chaplin silent films that students could watch at any time. Soon the illiteracy problem dissolved, as students became motivated to learn to read so that they could understand the subtitles.

Anthony Cerminarohttps://email@example.com://bizzbangbuzz.blogspot.com/2007/05/how-to-solve-intractable-problems.htmltag:blogger.com,1999:blog-7836053.post-19657375761368593372010-01-06T10:39:00.001-05:002010-01-06T10:42:41.598-05:00Identify Critical Success Factors"Critical Success Factors are the areas of your business or project that are absolutely essential to its success. By identifying and communicating these CSFs, you can help ensure your business or project is well-focused and avoid wasting effort and resources on less important areas. By making CSFs explicit, and communicating them with everyone involved, you can help keep the business and project on track towards common aims and goals...

"Identifying your CSFs is a very iterative process. Your mission, strategic goals and CSFs are intrinsically linked and each will be refined as you develop them. Here are the summary steps that, used iteratively, will help you identify the CSFs for your business or project:

Step One: Establish your business's or project's mission and strategic goals...

Step Two: For each strategic goal, ask yourself "what area of business or project activity is essential to achieve this goal?" The answers to the question are your candidate CSFs.

Step Three: Evaluate the list of candidate CSFs to find the absolute essential elements for achieving success - these are your Criticial Success Factors. As you identify and evaluate candidate CSFs, you may uncover some new strategic objectives or more detailed objectives. So you may need to define your mission, objectives and CSFs iteratively.

Step Four: Identify how you will monitor and measure each of the CSFs.

Step Five: Communicate your CSFs along with the other important elements of your business or project's strategy.

Step Six: Keep monitoring and reevaluating your CSFs to ensure you keep moving towards your aims. Indeed, whilst CSFs are sometimes less tangible than measurable goals, it is useful to identify as specifically as possible how you can measure or monitor each one...

"Tip: How Many CSFs?
To make sure you consider all types of possible CSFs, you can use Rockart's CSF types as a checklist.

Industry - these factors result from specific industry characteristics. These are the things that the organization must do to remain competitive.

Environmental - these factors result from macro-environmental influences on an organization. Things like the business climate, the economy, competitors, and technological advancements are included in this category.

Strategic - these factors result from the specific competitive strategy chosen by the organization. The way in which the company chooses to position themselves, market themselves, whether they are high volume low cost or low volume high cost producers, etc.

Temporal - these factors result from the organization's internal forces. Specific barriers, challenges, directions, and influences will determine these CSFs."

Read more in this article from MindTools.com, from which the foregoing was quoted

Anthony Cerminarohttps://email@example.com://bizzbangbuzz.blogspot.com/2010/01/identify-critical-success-factors.htmltag:blogger.com,1999:blog-7836053.post-63394172734060412102010-01-05T10:41:00.002-05:002010-01-05T10:59:24.784-05:00No Decision is Perfect"People usually make decisions in one of two ways: They analyze the pros and cons, or they go with their gut instincts. In psychology and business journals, writers who you'd think have better things to do use up gallons of ink arguing about which approach is better. [Gary] Klein recommends a combination of these methods, in this order:

"Get in touch with your gut first. Once you start listing pros and cons, your rational mind will drown out your intuition. Klein defines intuition as the accumulation of experience converted to flash-fast thinking...

"To uncover your intuitive point of view, you can even flip a coin—not to make the decision for you, but so you can register your gut reaction to the result. How do you feel when one option drops out? If you're disappointed, ask yourself why.

"Open up the options and visualize each one...Without overdoing it, brainstorm a lot of options. Think creatively about combining the best pieces of each one by compromising or going whole hog: You could buy both the red and the black sweater.

"Banish vague fears, such as 'It may be a mistake,' and instead try to see yourself in a specific scenario. Ask yourself concrete questions about the possible outcome: What's the worst that could happen? What would I do then? Could I live with that? "It's more important to visualize how each option would turn out," says Klein...

"Let go of the idea of the perfect answer. You cannot possibly get all the info, nor can you foretell the future and calculate all the risks. Chill out. 'The harder a decision is to make, the closer the outcomes are to each other, and the less it matters,' says Klein...There is never a guarantee that you're making the right decision. Just accept that."

"Trust yourself. Improve your intuition by examining your decisions after you've made them. Look at whether you would do it the same way again."

Read more in Reinvention StrategiesL: Follow Your Gut

Anthony Cerminarohttps://firstname.lastname@example.com://bizzbangbuzz.blogspot.com/2008/02/no-decision-is-perfect.htmltag:blogger.com,1999:blog-7836053.post-9778811928988990292010-01-05T10:40:00.000-05:002010-01-05T10:41:22.082-05:00Strategic Decision Making Traps"There are a series of traps that people fall into [in making decisions], that lead to incorrect judgements being reached, whatever the quality of the preceding analysis. The incidence of this is high. The cost, given that these are strategic decisions, is commensurately large...

"Pragmatism leads to at least two biases that impact strategic decision making.

1. Fact-based bias... we like to make decisions based on facts,[but]... To make strategic decisions, we need to be guided by a 'theory' that allows us to act before all the facts are in... a causal theory about the future - 'if we do this, then the following will happen' - lies at the heart of strategic decision making. We cannot wait for all the facts.

2. 'Cut-through' bias... The second consequence of a pragmatic mindset is that it drives people to 'cut-through' and jump to a decision, by making a call. It is the other side of the fact-based bias. We wait for the facts, get impatient and cut-through...Unless it is done with great skill, it can lead to wrong decisions.

"Following are the traps that people fall into.

Trap one - over-simplification

Trap two - embedded assumptions...Many decisions are based on embedded assumptions that are not discussed, assumptions that often turn out to be wrong.

Trap three - incomplete criteria... Many important decisions are made without an explicit, agreed set of criteria... Strategic decisions will have multiple options, to be tested against multiple criteria... multiple weightings and multiple time periods. The human brain cannot reliably cope with such levels of complexity.

In these circumstances, a formal, explicit process will yield a surer judgement...

To avoid these traps, make the decision process visible. Work hard to consider the whole problem at the same time. This provides a great incentive to expedite the process. Identify important embedded assumptions. And spend real time talking through the decision criteria, weightings and scoring. This way, the decision process will do justice to the hard work done in fact gathering and analysis. Better decisions are the expected result."

Read more in this article from CEO Forum Group

Anthony Cerminarohttps://email@example.com://bizzbangbuzz.blogspot.com/2008/02/strategic-decision-making-traps.htmltag:blogger.com,1999:blog-7836053.post-29793401516221283812010-01-05T10:39:00.000-05:002010-01-05T10:51:42.872-05:00Shareholders Agreement ChecklistThe Business
• what is the business?
• is it existing or a startup?
• if existing, what has each shareholder contributed so far? have they been fairly rewarded? does the existing share structure fairly reflect those contributions?
• What adjustments need to be made?
• what vision do you have for its future?
• what are the key issues related to operating and building the business?
• how or what will each shareholder contribute to the vision, operations and building?
• how is the business going to make money for the shareholders? giving them jobs? paying them profits annually? building a valuable business that can be sold at a later date?
• how long do the shareholders plan to be involved in the business operationally?
• how long to the shareholders plan to be involved in the business as shareholders?
• will the shareholders ultimately sell the business? when? to whom?
• or will they simply wind it up?
• or will they pass it on to their children or other family members?
• is there a business plan? If no, why not/when will there be one?
• What must the shareholders agreement do to support the business vision/plan set out above?

Financing the Company
How is the company going to be financed?
• What are the shareholders putting in?
• Is that to be loans or equity?
• Are the loans going to bear interest?
• Are they going to be secured?
• What are the repayment terms?
• What third party financing is going to be used?
• What if more money is needed?

Personal Commitment
• What are shareholders to contribute ways other than financing?
• Who is working in the business?
• On what basis?
• How are responsibilities being divided?
• How are shareholder salaries going to be set?
• What kind of special covenants will apply while you are a shareholder? E.g. noncompetition, company owns all inventions
• What kind of special covenants will apply after you cease being a shareholder? E.g. non-solicitation, non-competition

Decision Making
• How will decisions be made?
• Will different kinds of decisions be made in different ways?
• Consider both strategic issues (e.g. new partners, buying new businesses, selling the business) and operational (e.g. signing authorities on contracts and bank accounts, ability to make binding commitments on behalf of the company, hiring and firing, purchasing, selling, etc.).
• Who will make them?
• How will voting rights be handled?
• What will constitute a quorum of decision makers?
• Is the general rule simple majority vote? Or something else?
• Are there things you all have to agree on? I.e. that require unanimous approval?
• Of the things you all have to agree on, are their any that you would be willing to have resolved by arbitration etc. to avoid having a deadlock?
• Of the things you all have to agree on, are their some that you would be willing to resolve by some kind of super majority (e.g. 75%) to avoid a deadlock?
• Which are the things you all have to agree on or we end up in a deadlock situation?

Distributing Profits
• Who will decide when to distribute profits to shareholders and how much to distribute?
• What if they can not agree? Arbitration? Deadlock?
• Are profits distributed based on shares only, or something else too?
• What if you can not agree on splitting profits? Arbitration? Deadlock?

Resolving Deadlocks
How will deadlocks be resolved, if they arise?
• Arbitration on some issues? If yes, which ones?
• Second vote by super majority? If yes, which ones?
• Shot gun buy/sell?
• Sale of whole business with any shareholder entitled to match good faith third party offer? (Details to be worked out?)
• Winding up of company?

The Shareholders
• Share structure: have types and attributes of shares been agreed to?
• Number of shares each shareholder is to hold, class of shares they hold, amount paid or to be paid for their shares
• Are all shares fully paid for?

The Directors
• How many?
• How selected?

The Officers
• How many? What titles?
• How selected?
• Who are they? Esp. President and Secretary?

Voluntary Withdrawal
Can a shareholder withdraw from the deal if he/she wants out? If yes, how? If no, what do you do with such a shareholder? Consider: they are relocating, the deal is not going the way they planned, or they simply want to cash out?
• Others forced to buy?
• Shot gun buy/sell?
• Sale of whole business with any shareholder entitled to match good faith third party offer? (Details to be worked out?)
• Winding up of company?
• Shareholder can sell to third party, with others having right of first refusal?
• Some combination of above?
• How will the shares be valued?
• How will the purchase price be determined?
• What will be the payment terms?
• Any restrictions on going this way? E.g. can not withdraw within first two years of starting out?

Involuntary Withdrawal
What if the other shareholders want to force out a shareholder?
• Others forced to buy?
• Shot gun buy/sell?
• Sale of whole business with any shareholder entitled to match good faith third party offer?
• Winding up of company?
• Some combination of above?
• How will the shares be valued?
• How will the purchase price be determined?
• What will be the payment terms?
• Any restrictions on going this way? E.g. can not be forced out within first two years of starting out unless in default?

Other Special Considerations Re: Selling Out Etc.
• Can majority shareholders force the minority to sell to them?
• If yes, what conditions, terms, etc. See above for sample issues to be considered
• Can majority force a sale of the whole company?
• Would that include a carry along provision, whereby minority would be forced to sell on the same terms the majority is selling on?
• What about a piggyback provision, whereby the minority can force any buyer who is buying a majority interest to buy the minority interest at the same terms?

How to manage a Shareholder in Default
• What do we do if a shareholder defaults in their obligations under this agreement?
• How does it affect their profits? Their shares?
• How do we get them out of the company? What happens to their shares?
• How does this compare to the Involuntary Buyout provisions above?

How to manage the Employee Shareholder
• What happens if a shareholder of the company who is also an employee gets fired?
• Are they forced to sell? On what terms?
• What if they are not fired for a just cause?
• How does this tie in to the other buyout clauses above?

Disability of a Shareholder
• What if a shareholder becomes sick or disabled for an extended period of time?
• How long can that go on before we must question whether they can stay involved in the company?
• How will we deal with that? Their salary? Profit share? Shareholdings?

Death of a Shareholder
This is a complex area that may require input from the company accountant and a life insurance representative.

General Principles:
• Do they have to be bought out?
• Do the other shareholders buy them out, or does the company buy them out?
• How are shares valued?
• How is purchase price calculated?
• What are payment terms?
• Do we minimize tax consequences for estate of deceased shareholder?

Use of Insurance:
• Do we fund this with insurance?
• How much insurance, and how is that updated?
• Who owns the insurance?
• Who pays the premiums?
• How do the funds flow?
• Criss-cross buyout where each shareholder assumes responsibility for maintaining his own insurance with the other shareholders named as beneficiaries so they have funds to buy out the estate?
• Criss-cross buyout where company buys insurance and uses money to provide capital dividend to other shareholders to buy out the estate?
• Company buyout with company buying insurance and using funds to buyout the estate?
• Do we value the company, use insurance and then make up the difference, if any, with other funds?
• If yes, on what terms are the other funds paid?
• Do we set the price at the amount of insurance in place, irrespective of value?
• What do we do if a shareholder is not insurable?
• What if the insurance is expensive?
• How do we determine what is too expensive and therefore won't buy the insurance?

Other Considerations
What else is important to you and that you want addressed in your agreement?

From this Discussion Checklist from Canada law firm McIntosh & Pease

Anthony Cerminarohttps://email@example.com://bizzbangbuzz.blogspot.com/2007/05/shareholders-agreement-checklist.htmltag:blogger.com,1999:blog-7836053.post-1152237074582789102010-01-05T09:50:00.000-05:002010-01-05T11:03:10.746-05:00An Overview of Forecasting Methods"There are several assumptions about forecasting:

 1. There is no way to state what the future will be with complete certainty. Regardless of the methods that we use there will always be an element of uncertainty until the forecast horizon has come to pass.

 2. There will always be blind spots in forecasts. We cannot, for example, forecast completely new technologies for which there are no existing paradigms.

 3. Providing forecasts to policy-makers will help them formulate social policy. The new social policy, in turn, will affect the future, thus changing the accuracy of the forecast.

Many scholars have proposed a variety of ways to categorize forecasting methodologies. The following classification is a modification of the schema developed by Gordon over two decades ago:

Genius forecasting - This method is based on a combination of intuition, insight, and luck...

Trend extrapolation - These methods examine trends and cycles in historical data, and then use mathematical techniques to extrapolate to the future...

Consensus methods...

Simulation methods - Simulation methods involve using analogs to model complex systems...

Cross-impact matrix method...recognizes that the occurrence of an event can, in turn, affect the likelihoods of other events...

Scenario - The scenario is a narrative forecast that describes a potential course of events...

Decision trees..."

Read more in this comprehensive and fascinating article by David S. Walonick.

Technorati Tags: business, management, entrepreneurship, startup, legal

Anthony Cerminarohttps://firstname.lastname@example.com://bizzbangbuzz.blogspot.com/2006/07/overview-of-forecasting-methods.html


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Enjoying the daily duties of motherhood, Gwen Stefani dropped off her son at school in Los Angeles on Tuesday (March 6).
The No Doubt frontwoman looked classy in a gray blazer, black shirt, black pants, and brown open-toed heels as she held little Zuma Rossdale"s hand.
Recently, the band announced that they will be postponing upcoming tour plans to get to work on recording new music in the studio.
Excited to create, but sorry to disappoint her fans, on Monday the 43-year-old mother-of-two tweeted a photo of herself stage diving with the comment, "miss u muffins :)."


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Let's try this again
January 7, 2013
It's been well over a year since I last blogged. Not for lack of things to blog about – 2012 was a busy year:
Sewing, spinning, weaving, even a little knitting. The biggest development of all?
Yep, I'm pregnant! About 6 months along now, due at the end of March. So the nesting bug has kicked in full swing – I've been sewing and cleaning and planning like crazy. I've also been reading blogs a lot more, which is what made me come back here. I'd like to be better about keeping track of all I've been doing. So, let's try this again and see how it goes!
2 Comments leave one →
yao permalinkJanuary 8, 2013 11:14 pm
looks like you've been busy!
congrats on the baby!


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Into the imaginary room I call my imaginary office, the location of which varies from week to week, my imaginary editor walks in…
"It's been almost four weeks since the Bash and you've still not written a post about it yet. Your work rate on the blog has been distinctly lacking recently" he says.
"I've been busy", I reply.
"Balderdash!", he exclaims, "All you've been doing, when you haven't been at work, is been lying on your back watching old episodes of The X Files, or drinking more beer. There's been plenty of opportunities for you to write a blog post about the 2014 Birmingham Beer Bash, and besides, you found time to write a new Friday Pint post"
"Erm," I hesitantly utter, knowing I have no come back.
"Well?" he asks in anticipation.
I sit at my netbook, wondering how to segue from a fictional conversation about my lack of professionalism with my imaginary editor into a descriptive account of the events of four weeks ago. Can I remember enough of the details to make it worthwhile. Do I have anything to say that hasn't already been said before?
I should just jump into it, I think to myself. Start at the beginning and see what my memory comes up with. Is my trip out to Lye to visit The Windsor Castle, home of Sadlers Ales, to drink Mud City Stout relevant? In many ways it is.
You see, Lye is near Stourbridge, and one of the reasons I came up for the AFC Totton away match at Stourbridge was so that I could also visit The Windsor Castle and drink Mud City Stout. There was also a twissup in Birmingham that day, where I met a certain group of people.
I joined the set up for this year's Bash on the Wednesday, helping out where I could. The fact that we seemed to have one of the hottest days of the year so far didn't really make things enjoyable, but the end result made them worth it.
The heat caused a few issues over the weekend, which I only saw from across the way behind the bottle bar. Some of you may have seen me there. It was certainly good to see some familiar faces, and some less familiar ones.
One of the fun aspects of working the bottle bar for me was seeing how much I could bluff my way out of the fact that there was a large number of the beers on sale that I hadn't tried. Fortunately, I was soon able to tell people that Beer A was selling well, or that Beer B tasted good (In the case of Sacre Brew's Sirenia).
For me, what made this year's bash better than last year's bash was that I was able to get out and talk to people more. Last year I was stuck in the cash office for large amounts of time counting tokens and money. This year, it was Lisa that took on that soul destroying task, for which credit must be given (Those fresh trays don't appear behind the tokens desk by magic you know).
I had many beers this year, though only a few stand out.
Wild Beer Shnoodlepip, which I missed out on last year, finally made sense of the hype it received after it seemed disappointing from the bottle I bought. (Having tried another bottle last weekend, it seems that Shnoodlepip is a beer that is far superior on draft to it's bottled equivalent). Despite drinking a fair bit of Shnoodlepip, I do feel I didn't have enough.
Siren Odyssey 01, was a glorious 12.4% imperial stout, which I found myself often returning to (for quality control purposes). At some point on Friday night, the idea (I can't remember whether it was mine or Shaun's) came to mix Shnoodlepip and Odyssey. The result, which actually worked rather well, was dubbed Shnoodlepipodyssey.
The other beers that I wish to mention, are the two squid ink beers.
The first one I tried was the Beer Bash/Hardknott collaboration "Squiddy". You may have seen "Squiddy" walking around the Bash at a couple of points over the course of the Bash. If you didn't, picture your worst nightmares made flesh, like the underwater imitator of Purple Rain era Prince. I feel kind of bad saying this about one of the Beer Bash collaborations, but I just didn't enjoy Squiddy at all. It wasn't really helped by the fact that it's appearance seemed similar to murky puddle water. I'm all for not just judging a beer on its appearance, but in this case, it was hard not to be put off.
The other squid ink beer, which proved itself to be the "Marmite Beer of the Festival" was Bexar County's Tinta De Sepia Con Miso Gose. I, myself, loved it, as did many others. There seemed to be just as many though, who couldn't stand it. Of the many beers I tried this year, this is the one I'd like to try again.
On the Sunday, after two and a half days of set up, and two and a half days of people drinking beer, the whole thing was taken down. The after party this year was a much quieter, more relaxed affair than last year, with a constant (slow) flow of beer until the half full kegs we brought with us were empty.
I left town on the Monday, thinking in the back of my mind that, should there be another Bash next year (we don't talk about next year), I should be around for the setup days that I missed this year and last year. Being part of the Birmingham Beer Bash has certainly been an enjoyable and rewarding experience, and I hope that it is something that runs for years to come.
If it does run again next year, I'll be there. I'll be there in future years too, if it runs, even if it means having to fly across from America each year.
If you're reading this the day, or day after, it is posted, there's a Beer, Blues and Bangers festival at The Platform Tavern in Southampton this weekend, starting on Thursday 21st August at 18:00, and running through the weekend (or until the beer runs out). I'll be there Thursday, come and join me if you're nearby.
If not, I'll probably be writing something about it for this week's Friday Pint. Until then, have a great weekend.


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In another rebuke to PERC, the Supreme Court unanimously held that the issue of the payment of automatic salary increments after a contract expires is a negotiable and enforceable issue.
The Supreme Court affirmed the Appellate Division which had reversed a decision by PERC. PERC's decision had reversed a 35 year history of enforcing these provisions. The Supreme Court relied upon the explicit contractual language in the Atlantic County and Bridgewater contracts which required the terms and conditions of employment to remain in full force and effect after the expiration of the contract. The State PBA participated as an amicus in this case. We will provide a more detailed analysis of the decision.


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Science fiction of precise and efficient Gene editing has become reality now with emergence of powerful new technology of CRISPR-CAS9 (Clustered regularly Interspaced Short Palindromic Repeats- CRISPR associated proteins). This technology offers potential to flexibly alter the genetic material of everything from Wheat to an Elephant. Unlike any other previously developed technique of gene editing CRISPR is remarkably simple, fast and cheap. Our dream of curing and eradicating diseases such as Cancer, Huntington's disease (inherited brain disease), Cystic fibrosis (inherited disease affecting lungs and digestive system), dengue fever, sleeping sickness, yellow fever, West Nile virus, Lyme disease, Alzheimer's (progressive memory loss disease), Obesity, tyrosinemia (genetic disorder affecting amino acid breakdown in body) and Hepatitis (liver infection) could become a reality. It has the potential to change everything from the food we eat to the world we live in.
Very few technologies truly merit the epithet "game changer" — but CRISPR-CAS9 is one of them. Why did this sudden revolution happen? How does CRISPR really work? This is where it gets interesting. Bacteria and viruses have been fighting since the dawn of life. The viruses called as Bacteriophages or phages hunt bacteria. Phages do this by inserting their own genetic material into bacteria. The targeted bacterium tries to resist but fails most of the time because their protein tools are too weak, but sometimes the targeted bacteria manages to survive an attack. When a bacterium successfully negates an attack, it can activate its most effective antivirus system. It saves a part of the phage virus DNA in its own genetic code as a DNA archive called CRISPR. This forms a kind of "immune" memory, which means it can recognize and respond more quickly if it is attacked again in the future.
CRISPR relies on a gene-editing complex composed of a DNA-cutting tool called CAS9 (molecular scissor) and a short RNA strand that guides this tool to a specific area of the DNA, directing CAS9 to specific point where a cut is to be made. When CAS9 and the short guide RNA targeting a disease causing gene are delivered into cells, a specific cut is made in the gene, and the cell's DNA repair processes glues the cut portions back together, often deleting/eliminating a small portion of the gene. However, if a corrected copy of the gene is also delivered when the cut is made, the DNA repair process can lead to a correction of the disease gene, permanently repairing the genome. What's special about CAS9 is that the protein which is generated in this process acts as a protection against future phage attacks, is very precise and acts almost like a highly trained DNA level surgeon.
CRISPR is also more efficient than two other genome engineering techniques called Zinc Finger Nuclease (ZFN) and Transcription Activator-Like Effector Nucleases (TALENs). ZFN and TALENs can recognize longer DNA sequences and they theoretically have better specificity than CRISPR/CAS9, but they also have a major downside. Scientists have to create a custom-designed ZFN or TALEN protein each time, and they often have to create several variations before finding the one that works. It's far easier to create a RNA guide sequence for CRISPR/CAS9, and it's far more likely to work.
Aside from being precise, cheap, and easy, CRISPR offers the ability to edit live cells, to switch genes on and off, and to target and study particular DNA sequences. It also works for every type of cell: microorganisms, plants, animals, and humans. It allows us to swap in DNA wherever we like so as to create targeted tools and fulfill applications. Want a corn to fight bacteria? You can. Want a fish to glow? Grab some DNA from a phosphorescent algae and integrate it with the fish.
CRISPR has the potential to curtail or even eradicate certain diseases. Moreover, multiple genes can be targeted in one manipulation, making this technique an extraordinarily powerful tool for studying complex genetic traits or diseases that involve multiple genes. It is a long road that could eventually lead to eradication of many hereditary diseases ranging from blindness, Down syndrome to sickle-cell anaemia. It holds promise of treating several thousand inherited disorders like Huntington's disease and Cystic Fibrosis, which currently have no known cure. Over 3,000 genetic diseases are caused by a single incorrect letter in human DNA. With a powerful tool like CRISPR, we may be able to end these in due course.
Scientists are already using CRISPR to introduce genes for disease resistance into wheat and to insert malaria blocking genes into mosquitoes. CRISPR may also be used to engineer infertility in mosquito DNA, thereby driving their population to zero. This could have significant ramifications for India which had 11 lakh cases of malaria in 2014, has $2 Billion of estimated socioeconomic losses annually due to malaria and needs $18 Billion to eradicate the disease by 2030.
The technology has been used to study Candida Albicans (a form of fungus), to modify yeasts used to make bio-fuels and to genetically modify crop making them yield more high-energy foods , and to resist drought and diseases more effectively. Already, a lab in China has used CRISPR to high yielding rice and a group in the U.K. has produced drought-resistant Barley varieties. Indeed, because it's so easy to do and the plants could avoid the lengthy and expensive regulatory process associated with GMOs, the method is increasingly being used by research labs and industries.
CRISPR could also defeat one of our worst enemies- Cancer. CRISPR gives us the means to edit our immune cells and make them better cancer hunters, without making patients bear the brunt of chemotherapy, radiotherapy and surgery. Getting rid of cancer might eventually mean getting just a couple of injections of a few thousand of your own cells that have been engineered in the lab to heal you for good.
On 28 October 2016, a team led by oncologist Lu You at Sichuan University in Chengdu delivered CRISPR modified cells into a patient with aggressive lung cancer, marking the initial steps in the quest to cure lung cancer. Carl June, scientific adviser for a planned US trial using CRISPR to target three genes in participants' cells with the goal of treating various cancers, expects the trial to start in early 2017. Additionally in March 2017, a group at Peking University in Beijing hopes to start three clinical trials using CRISPR against bladder, prostate and renal-cell cancers.
As per research by MIT (Massachusetts Institute of Technology), the CRISPR system responds to UV light in the target cells. This kind of control can help scientists study genetic events that influence embryonic development or disease progression. Eventually, it could also offer a more targeted way to turn off Cancer-causing genes in tumour cells.
Harvard geneticist and CRISPR pioneer, George Church believes he can use this tool to genetically modify endangered Indian elephants into "Woolly Mammoths" capable of surviving in the freezing wilderness of Siberia. As a first step for this, Church inserted the mammoth genes for small ears, subcutaneous fat, and hair length and colour into the DNA of lab-grown elephant cells. Other scientists have expressed hopes to resurrect other extinct species such as the passenger pigeons (Jurassic Park, anyone?)
George Church, recently led a team of scientists that used a complex CRISPR molecule to edit 62 genes in pig cells at once. Church believes that this technique could be used to make pig organs suitable for transplantation into humans. The team's experiments also represent a step forward in CRISPR technology by using the tool to edit many genes at once, a method that could be imitated to make more complicated changes to DNA quickly. Researchers have also demonstrated that CRISPR can be used to remove the HIV virus's DNA from the patient's genome and permanently make it inactive.
In a decade or two, we could possibly cure thousands of diseases, forever. But, all of these medical applications have one thing in common, they are limited to the individual and die with them, except if you use them on reproductive cells or very early embryos. But, CRISPR can and probably will be used for much more, the creation of modified humans—designer babies—and will mean gradual, but irreversible changes to the human gene pool. Modified humans could alter the genome of our entire species because their engineered traits will be passed on to their children and could spread over generations, slowly modifying the whole gene pool of humanity
It may start slowly. The first designer babies will not be overly designed. It's most likely that they will be created to eliminate a deadly genetic disease running in a family. As the technology progresses and gets more refined, more and more people may argue that not using genetic modification is unethical, because it condemns children to preventable suffering and death and denies them the cure.
If you make your offspring immune to Alzheimer, why not also give them an enhanced metabolism? Why not throw in perfect eyesight? How about height or muscular structure? Full hair? How about giving your child the gift of extraordinary intelligence? Huge changes are made as a result of the personal decisions of millions of individuals and these accumulate over time. This is a slippery slope as genetically modified humans could become the new standard.
As per research by Nature.com and BioMed Central , the regulation around genetic modification in human embryos is still largely in flux. Some countries have legislation that bans the practice and violations carry criminal penalties while other countries have unenforceable guidelines around the same. In a survey of 39 countries around regulations on genetic modification of human embryos, 25 countries have "Ban based on legislation", 4 have "Ban based on guidelines" , 9 had "Ambiguous" stance on the practice, and 1 had a "Restrictive" stance.
Specifically on the regulation front on gene editing in human embryos -
- United States does not allow use of Federal funds to modify human embryos but there are no specific bans on genome editing
- India, China, Japan and Ireland forbid the practice based on guidelines that are less enforceable than laws, and are subject to amendment
- Belgium, Bulgaria, Canada, Denmark, Sweden, and the Czech Republic have bans on the grounds that a modified gene may be inherited by offspring or that the gene modification may impair human embryo
- Germany has strict laws on the use of embryos in assisted reproduction. It limits research on human embryos and violations may result in criminal charges
- Argentina bans reproductive cloning, but research applications of human genome editing are not clearly regulated
CRISPR technology is really powerful. While it is tempting to ban genetic editing and related research it is likely to be a mistake. Banning human genetic engineering would only lead to the research and practice wandering off to a place with jurisdiction and rules that we are uncomfortable with as a species. Only by participating ethically can we make sure that further research is guided by caution, reason, oversight, and transparency.
If engineering becomes more "normal" and our knowledge improves, we could solve the single biggest mortality risk factor, Aging. In possession of a modified immune system, with a library of potential threats, we might become immune to most diseases that haunt us today. Even further into the future we could engineer humans to be equipped for extended space travel and to cope with different conditions on another planet, which would be extremely helpful in keeping us alive in the hostile universe.
A big question to ponder is, if in the future we who are a "flawed" species compared to genetically created modified beings will be allowed to exist? The CRISPR technology is certainly a bit scary, but we have a lot to gain, and genetic engineering might just be a step in the natural evolution of an even more intelligent species in the universe. We might end diseases. We could extend our life expectancy by centuries and travel to the distant stars.
Whatever our opinion on genetic engineering, the future is approaching us and fast. What had been insane science fiction is about to become our new reality, a reality full of opportunities and challenges.


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The Boise Gun Club held their second multiplex shoot of the year, and after digging out of snow left over from a storm that set a record for snowfall on that date and closed the club for one operating day the Wednesday before, shooters were treated to a pretty nice day for shooting. The shooting was delayed for about an hour as club members finished shoveling snow (and a thick layer of ice) from around the clubhouse and off of three trap aprons.
12 shooters took part in the event and went into a Lewis class pool of over 300 shooters from clubs all over the Northwest. Jay Fraiser who had just returned from work in Alaska for a short vacation found the snowy conditions ideal and broke the first ever 50 straight in doubles at the Boise site in six multiplex shoots.
29 events were shot, 1450 targets were thrown and one new member was signed up.
Scores in the singles ranged from 50 to 39 and in the handicap from 44 to 36. Fraiser's 50 led the doubles and scores went down to 30. Two shooters will hit the Lewis pay-offs for sure and everyone is hoping to hit a " lucky Lewis" somewhere.
The multiplex program is proving to be a fun way to keep interest in registered shooting up during the cold winter months. Last year Boise and Caldwell shot the multiplex program in Idaho and this year the Burley Gun Club has joined in. All three clubs will shoot again on the first weekend in January and the first weekend in February.


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SOURCE: Kalorama Information
April 12, 2013 08:41 ET
NEW YORK, NY--(Marketwired - Apr 12, 2013) - Philips and Medtronic are the leading companies in remote patient monitoring, according to Kalorama Information. The healthcare market research firm says that these companies are able to leverage existing sales to hospitals and rapid product introductions to maintain market share. But market-watchers shouldn't discount smaller companies, who still represent a sizable portion of the market according to a newly-published study of the market, Advanced Patient Monitoring Systems.
Advanced patient monitoring systems can transmit important medical data from a patient's bedside or home, for use by medical professionals or transmission to EMR records. It is increasingly popular to reduce hospital stays and reduce staff needs, according to Kalorama. There are a huge number of companies offering some form of wireless and remote technologies. Competitors supplying new technologies in patient monitoring to hospitals are typically large, established healthcare companies, often working in conjunction with information technology (IT) companies on an entire system. The report found that four companies, Philips, Medtronic, Covidien and Roche, have over 35% of the global market. But the rest of the market is scattered, with small companies who may be private and may have one or two key products.
"Large vendors dominate, but half of the revenue of this market are small players with nominal global market share," said Bruce Carlson, Publisher of Kalorama Information. "Small vendors will drive growth in the market and offer cheaper or more effective products. This is particularly true in the home care and telemedicine segment."
Each of the market leading companies have boosted their market share by focusing on certain types of monitoring, according to the report. Philips SureSigns monitors measure vital signs, EKG and respiratory functions. Medtronic, with its Reveal DX and XT insertable monitors, help cardiac patients. Covidien produces a variety of oximetry and capnography systems, while Roche is a leader in glucose monitoring, and its AccuCheck line has added products with remote capability.
But there are many options for hospitals seeking to keep track of patients from areas of the hospital or at home. Upstarts such as China's Mindray, with its Passport portable monitors; Japan-based Omron's marketing blood pressure and EKG systems and Irvine, CA-based Maismo with its Rainbow SET pulse oximetry systems have profited along with the device giants in this market, according to the report. With attractive, double-digit revenue growth, Kalorama expects more competitors and more products.
Kalorama's market research study in this market, Advanced Patient Monitoring Systems, contains both a global and US market estimate and forecast for advanced remote patient monitoring systems. The report covers key trends in the industry and profiles several key players in the market. The report can be purchased at Kalorama Information at: http://www.kaloramainformation.com/Advanced-Remote-Patient-7450566/.
About Kalorama Information -- Kalorama Information, a division of MarketResearch.com, supplies the latest in independent medical market research in diagnostics, biotech, pharmaceuticals, medical devices and healthcare; as well as a full range of custom research services. We routinely assist the media with healthcare topics. Follow us on Twitter, LinkedIn and our blog.
Contact:Bruce CarlsonEmail Contactwww.KaloramaInformation.com237 W. 35th Street
New York, NY 10001212.807.2622 t
240.747.3004 f
Contact:Bruce CarlsonEmail Contactwww.KaloramaInformation.com237 W. 35th Street
New York, NY 10001212.807.2622 t
240.747.3004 f
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