Tag Archives: Harvard Business School

Dan Isenberg Part 2: Behind Every Great Entrepreneur Is A Great Entrepreneur

By Steve Forbes, Forbes Staff Daniel Isenberg is Professor of Entrepreneurship Practice at Babson Executive and Enterprise Education. He formerly taught at Harvard Business School and is author of a new book, Worthless, Impossible and Stupid: How Contrarian Entrepreneurs Create and Capture Extraordinary Value. I recently sat down with Dan to talk about failure, the importance of sales in entrepreneurship and lessons from nations ranging from Rwanda to Israel. Part II of our conversation follows in a video and transcript. …read more

Source: FULL ARTICLE at Forbes Latest

Microsoft Reorg Only First Step Toward Innovation

By John Kotter, Contributor

News of Microsoft’s corporate restructuring received hopeful applause from those who’ve been concerned about the company’s dwindling innovation. One observer, my colleague Randy Ottinger, says this is only the first step toward a corporate transformation. Randy Ottinger, an expert and executive coach on large-scale corporate transformations, said that Microsoft CEO Steve Ballmer must put several more pieces into place in order to complete the cultural change that will get Microsoft innovating again. In Fortune.com and Seekingalpha.com, Ottinger said the reorg is a great first step toward kick-starting innovation but, “The real question is what are they going to do post-reorganization to actually change the culture.” Ottinger’s main concern was whether new types of incentives will be put in place to change the way people behave and act. Ottinger was also interviewed by Lydia Dishman for FastCompany, saying, “It is going to be less about telling people what they need to do differently and more about engaging their hearts and minds to pursue the exciting opportunities ahead for Microsoft.” Analysts and investors will continue to watch and see if Microsoft will ride this momentum, continuing to take the further needed steps in order to institute sustained cultural change throughout the organization. Randy Ottinger is an Executive Vice President at Kotter International, a firm that helps leaders accelerate strategy implementation in their organizations. John Kotter is the chief innovation officer at Kotter International, and is the Konosuke Matsushita Professor of Leadership, Emeritus, at Harvard Business School. *** For more about how organizations can develop the agility required to succeed in today’s rapidly changing world, read Dr. Kotter’s recent article, Accelerate!” available from the Harvard Business Review. Follow John Kotter: On Twitter: @KotterIntl On Facebook: http://www.facebook.com/KotterInternational On LinkedIn: http://www.linkedin.com/in/johnkotter Sign up for the Kotter International Newsletter. …read more

Source: FULL ARTICLE at Forbes Latest

Weekly News & Politics Digest

  • What’s On Your Mind • Abe & Friends
    presidents-playing-cards.jpeg
    * * * * * * *
    So I said to him, "Barack, I know Abe Lincoln,
    And you ain't Abe Lincoln .."

    Obama has made numerous attempts to quote Lincoln, SO WHY DOESN'T OBAMA USE THIS FAMOUS LINCOLN QUOTE:

    You cannot help the poor by destroying the rich.
    You cannot strengthen the weak by weakening the strong.
    You cannot bring about prosperity by discouraging thrift.
    You cannot lift the wage earner up by pulling the wage payer down.
    You cannot further the brotherhood of man by inciting class hatred.
    You cannot build character and courage by taking away people's initiative and independence.
    You cannot help people permanently by doing for them, what they could and should do for themselves.

    … Abraham Lincoln

    Statistics: Posted by gary — Fri Jul 27, 2012 10:01 am


  • Election and Political • Re: 2012 U.S. Presidential Candidates
    presidents-playing-cards.jpeg
    * * * * * * *
    So I said to him, "Barack, I know Abe Lincoln,
    And you ain't Abe Lincoln .."

    Obama has made numerous attempts to quote Lincoln, SO WHY DOESN'T OBAMA USE THIS FAMOUS LINCOLN QUOTE:

    You cannot help the poor by destroying the rich.
    You cannot strengthen the weak by weakening the strong.
    You cannot bring about prosperity by discouraging thrift.
    You cannot lift the wage earner up by pulling the wage payer down.
    You cannot further the brotherhood of man by inciting class hatred.
    You cannot build character and courage by taking away people's initiative and independence.
    You cannot help people permanently by doing for them, what they could and should do for themselves.

    … Abraham Lincoln

    Statistics: Posted by gary — Fri Jul 27, 2012 9:21 am


  • What’s On Your Mind • Mitt Romney
    Born March 12, 1947, in Detroit, Michigan; earned his undergraduate degree from Brigham Young University; attended both Harvard Law School and Harvard Business School, receiving both a law degree and an MBA.

    In 1999, Romney stepped into the national spotlight when he took over as president of the scandal-ridden Salt Lake City Olympic Games; the games were $397 million dollars in debt, and were plagued by bribery allegations to make matters worse. As a result, reputable sponsors stayed away from the games. Romney went into the situation very quickly, cutting back expenses and eliminating frills, traveling world-wide to gather sponsorships. In the end, ticket sales surpassed those of any previous Winter Olympics, and the $397 million dollar deficit was turned into a $56 million dollar surplus, which went to fund future Olympics. Romney turned his salary over to charity, and in addition contributed $1 million dollars to the Salt Lake City games.

    Statistics: Posted by mreill01 — Mon Jun 25, 2012 4:21 am


  • Election and Political • 2012 U.S. Presidential Candidates
    2012 U.S. Presidential Candidates (current – June 14, 2012)
    Only registered members may vote. Register here.


    Declared 2012 Democratic Presidential Candidate
    Current President of the United States

    Image

    Barack Obama

    Presidential Candidate Barack Obama
    Born to a Kenyan father and a Caucasian mother, the former community activist and lawyer came into national prominence with a show stopping keynote address at the 2004 Democratic National Convention in Boston, befitting his reputation as a brilliant orator. In 2008, after a hard fought win against Hillary Clinton to secure the Democratic nomination, the former Senator from Illinois crushed Republican John McCain to become the first African American to claim the presidency.

    More about Barack Obama on Wikipedia


    Declared 2012 Republican Presidential Candidate
    Former Governor of Massachusetts

    Image

    Mitt Romney

    Presidential Candidate Mitt Romney
    Born in Detroit, Michigan, the son of George Romney (Governor of Michigan and HUD Secretary), Mitt Romney graduated from Brigham Young University, Harvard Law School and Harvard Business School, receiving both a law degree and an MBA. He stepped into the national spotlight as president of the 2002 Salt Lake City Olympic Games. A prominent and successful businessman, the former Governor of Massachusetts turned the debt-ridden Olympic Games from a $397 million dollar deficit into a $56 million dollar surplus toward future Olympic Games.

    More about Mitt Romney on Wikipedia


    VoteNow

    Statistics: Posted by gary — Wed Jun 13, 2012 11:41 pm


  • Site Help • Creating Attractive Posts
    To learn how to easily create attractive, eye catching posts and messages, look through the formatting help page

    Statistics: Posted by gary — Mon Jun 04, 2012 5:29 pm


  • Sports Politics • Buffalo Sabres Hockey Schedule
    Buffalo Sabres Hockey Schedule
    View history or posted upcoming events..:)

    iframe

    Statistics: Posted by gary — Mon Jun 04, 2012 12:29 pm


  • What’s On Your Mind • Gasoline Tax By State
    This image map represents the tax per gallon imposed by each individual state. Add this to federal fuels tax and any local tax and wonder why we’re paying so much at the pump.

    75

    Proposed Fuels Tax Law

    Statistics: Posted by gary — Fri Jun 01, 2012 6:18 pm


  • Culpeper • Re: Date of Town of Culpeper Elections
    I’ve had my fill of the way Culpeper is governed. All of the complaints of police and other "hot topics". I’ve had my personal dealings, as many already know. The same old guys keep being re-elected! Why??? Do folks leave their memories and minds at home when at the polls? I tried, in my hope and way, of an attempt to do something about the problems by creating this web site . I hope you visit and try to give it a chance and invite others to join you.

    Anna Mozingo and 2 others like this.
    Sherry Stewart Be patient Gary, change will come. We are working on it!
    Wednesday at 10:00pm · Like
    Rupert Wilson Quaintance It’s like this everywhere. Chemicals in the food and water keep people docile. Unending entertainment keep all the mindless man-children busy with sports and fluff.

    Also, people don’t want to risk not being able to cheer when their guy wins. Theyd rather celebrate a victory, than take a chance on something real.
    18 hours ago · Unlike · 2
    Maureen Kratochvil McNemar with the turnout at the last election I would say they just don’t care…so sad
    16 hours ago · Unlike · 2
    Gary Triplett
    I feel the same, Maureen. I think there also may be a reason that these types of elections are held other than in November. Another reason for poor turnout may be that there are no coordinated efforts among those that do have interest. If t…See More

    Rupert Wilson Quaintance Who has time to care? What, with SUVs and video games and American Idol and endless crappy country songs about blowing up brown people…. People are far too entertained to care. This is how Rome fell.

    Gary Triplett Then, what are we going to do about it, Wilson? I have some ideas, but it means that we’d have to get away from our "SUVs and video games and American Idol and endless crappy country songs about blowing up brown people" for a little while ;)

    Statistics: Posted by gary — Fri Jun 01, 2012 11:17 am


  • Culpeper • Date of Town of Culpeper Elections
    Date of the elections for the town government officials and poor voter turnout.

    I think there may be a reason that these types of elections are held other than in November. Another reason for poor turnout may be that there are no coordinated efforts among those that do have interest.

    Statistics: Posted by mreill01 — Fri Jun 01, 2012 8:48 am


  • Culpeper • Homeowners Association
    It seems that the Town of Culpeper, VA is gradually moving toward becoming a homeowners association rather than an incorporated township. Up until recently, grass height was ordained to be a public nuisance beyond 18". Now, the grass height ordinance has been arbitrarily changed from 18" to 12" or less within the town. The original need for this ordinance was to protect the health and safety of residents from fellow residents who would allow garbage or yard waste to accumulate on their property, with the resulting stench; this could potentially create a breeding ground for disease that might cause imminent peril to the community. Slowly, this has evolved into appearance wants over the original health concerns. The beautification of the town has emerged as the contemporary imminent concern to this overbearing town council. The burden of satisfying their vanity, under threat of penalty, (coercion), is a financial burden beyond the ability of some property owners. The result is loss of property.

    If the town upholds it’s ordinance, it must take care of its own property first, to include every inch completely and uniformly without exception. There must not be any targeted or highly visible area being priority. Anything less than this is hyporcritical.

    Throwing out the Constitution, Property and Individual Rights in favor of vanity and commerce is the "silent but deadly" trend.

    See the town’s actions just one year before…
    Image
    Oh, I almost forgot… please, "Liberty or Death – Don’t Tread on Me!" (Culpeper History)

    7172 Town Photo: Triplett Milling Company lot
    (See if you can find what warrants these extreme measures)

    Statistics: Posted by gary — Thu May 10, 2012 11:56 am


  • Audio • Re: Short Biggie – The Band
    Love Shack2.mp3First Remix

    Statistics: Posted by gary — Fri Nov 18, 2011 9:12 pm


  • Audio • Short Biggie – The Band
    Love Shack.mp3Love Shack

    Statistics: Posted by ShortBiggieBand — Mon Nov 14, 2011 1:24 pm


  • York County • The Hanover Tea Party Patriots
    The Hanover Tea Party Patriots will be holding it’s monthly meeting:

    To be announced.

    See The Hanover Tea Party Patriots Official Home Page

    Statistics: Posted by gary — Fri Nov 11, 2011 12:23 pm


  • Videos • Trees and Snow don’t mix
    Trees.wmv

    Statistics: Posted by gary — Thu Nov 03, 2011 8:37 pm


  • Site Information and Announcements • Re: Full Release
    I very much appreciate the idea behind this website and hope the idea catches on. It is a very unique and original idea to provide a forum for average folks to discuss topics of concern; or, if they prefer not to discuss, to post their own opinions, thoughts and comments. With the birth of the TEA party and the Occupy Wall Street movement, there does seem to be a new thought process emerging in America, a new energy of a citizenry that is no longer willing to stand idly by and watch the government continue carelessly along the same old path. Best of luck with this forum- it should provide a way to communicate and produce solutions to our common concerns!

    Statistics: Posted by mreill01 — Wed Oct 26, 2011 2:26 am


  • Videos • Make Mine Freedom
    object

    Statistics: Posted by mreill01 — Tue Oct 25, 2011 6:11 pm


  • Commentary • Bringing our troops home from Iraq
    Good evening,

    I’m writing to tell you that all US troops will return home from Iraq by the end of December. After nearly nine years, the American war in Iraq will end. Our servicemen and women will be with their families for the holidays.

    The war in Iraq came with tremendous cost. More than a million Americans served in Iraq, and nearly 4,500 gave their lives in service to the rest of us. Today, as always, we honor these patriots.

    When I came into office, I pledged to bring the war in Iraq to a responsible end. As Commander in Chief, I ended our combat mission last year and pledged to keep our commitment to remove all our troops by the end of 2011. To date, we’ve removed more than 100,000 troops from Iraq.

    This is a significant moment in our history. For more information, including video, please visit WhiteHouse.gov/BringingTroopsHome.

    The end of the war in Iraq reflects a larger trend. The wars of the past decade are drawing to a close.

    As we have removed troops from Iraq, we have refocused our fight against al Qaeda and secured major victories in taking out its leadership–including Osama bin Laden. And we’ve begun a transition in Afghanistan.

    On the first day of my Administration, roughly 180,000 troops were deployed in Iraq and Afghanistan. By the end of this year that number will be cut in half, and we’ll continue to draw it down.

    As we welcome home our newest veterans, we’ll enlist their talents in meeting our greatest challenges as a nation—restoring our economic strength at home. Because after a decade of war, the nation that we need to build is our own.

    Today the United States moves forward, from a position of strength.

    Thank you,

    President Barack Obama

    Statistics: Posted by gary — Fri Oct 21, 2011 7:29 pm


  • Videos • Freedom
    Freedom.. deny it or be ignorant of our history and why we are able to even speak of it…….We_The_People_-_YouTube.flv

    Statistics: Posted by gary — Thu Oct 20, 2011 12:19 am


  • Election and Political • WeThe People
    object

    Statistics: Posted by mreill01 — Wed Oct 19, 2011 5:39 pm


  • Commentary • Re: I dont get it
    I’m with you!

    Statistics: Posted by gary — Wed Oct 19, 2011 3:24 pm


  • Commentary • Re: I dont get it
    Gary, I’m guessing that most people don’t wanna comment on how they really feel because most of us don’t feel like it will make a difference, but the truth is that if you look around you MANY people feel the same way and we are TIRED of the way things are. Soooo if we join together maybe we can make a stand and make a difference and make a change in the way things are. I for one am tired of sitting on the sidelines and letting the government bulldoze their way along in life and destroy peoples livelyhood and families. So Let’s take a stand and get things rolling ….

    Statistics: Posted by southardjs — Wed Oct 19, 2011 3:17 pm


  • Sports Politics • Hank Williams, Jr. and ESPN Part Ways
    (Reuters) – ESPN pulled Hank Williams Jr.’s theme song from its "Monday Night Football" broadcast in a rebuke to the country music star for comments earlier in the day comparing President Barack Obama to Adolf Hitler.

    Williams, a Republican, had appeared on a Fox News’ morning television show "FOX and Friends" on Monday, and was asked which of his party’s presidential candidates he liked.

    "Nobody," he answered and then offered unprompted commentary on Obama‘s golf game this summer with House Speaker John Boehner. He called it a political mistake because "it turned a lot of people off."

    Obama and Boehner played side by side that day against Vice President Joe Biden and Republican Ohio Governor John Kasich at the height of the congressional budget debate.

    Asked what he did not like about the friendly bipartisan golf match, Williams replied, "Come on! It’d be like Hitler playing golf with (Israeli Prime Minister Benjamin) Netanyahu."

    "They’re the enemy! Obama! And Biden!" he added.

    The network, which is owned by the Walt Disney Co, responded on Monday by yanking Williams’ familiar "MNF" theme, "All My Rowdy Friends," adapted from his 1984 hit song "All My Rowdy Friends Are Coming Over Tonight," from the introduction of the broadcast.

    The song has opened "Monday Night Football" on both ABC and ESPN since 1991.

    "While Hank Williams Jr. is not an ESPN employee, we recognize that he is closely linked to our company through the open to ‘Monday Night Football,’" the sports channel said in a statement.

    "We are extremely disappointed with his comments and as a result we have decided to pull the open from tonight’s telecast," the statement said.

    A spokesman for Bristol, Connecticut-based ESPN said it had not decided whether the action would be permanent.

    Williams, 62, later issued a statement acknowledging that his "analogy was extreme" but was intended "to make a point."

    "I was simply trying to explain how stupid it seemed to me — how ludicrous that pairing was," he said. "They’re polar opposites and it made no sense. They don’t see eye-to-eye and never will. I have always respected the office of the president."

    He added, "When both sides are high-fiving it on the ninth hole, when everybody else is without a job — it just makes a whole lot of us angry."

    According to media reports, the team of Obama and Boehner beat Biden and Kasich at the summer golf matchup.

    (Reporting by Zach Howard; Editing by Steve Gorman, Cynthia Johnston and Bill Trott)

    Statistics: Posted by frank — Tue Oct 18, 2011 3:04 pm


  • United States, State and Local Governments • The Mason-Dixon Line
    October in 1767, Charles Mason and Jeremiah Dixon complete their survey of the boundary between the colonies of Pennsylvania and Maryland as well as areas that would eventually become the states of Delaware and West Virginia. The Penn and Calvert families had hired Mason and Dixon, English surveyors, to settle their dispute over the boundary between their two proprietary colonies, Pennsylvania and Maryland.

    In 1760, tired of border violence between the colonies’ settlers, the British crown demanded that the parties involved hold to an agreement reached in 1732. As part of Maryland and Pennsylvania‘s adherence to this royal command, Mason and Dixon were asked to determine the exact whereabouts of the boundary between the two colonies. Though both colonies claimed the area between the 39th and 40th parallel, what is now referred to as the Mason-Dixon line finally settled the boundary at a northern latitude of 39 degrees and 43 minutes. The line was marked using stones, with Pennsylvania‘s crest on one side and Maryland’s on the other.

    When Mason and Dixon began their endeavor in 1763, colonists were protesting the Proclamation of 1763, which was intended to prevent colonists from settling beyond the Appalachians and angering Native Americans. As the Britons concluded their survey in 1767, the colonies were engaged in a dispute with the Parliament over the Townshend Acts, which were designed to raise revenue for the empire by taxing common imports including tea.

    Twenty years later, in late 1700s, the states south of the Mason-Dixon line would begin arguing for the perpetuation of slavery in the new United States while those north of line hoped to phase out the ownership of human chattel. This period, which historians consider the era of "The New Republic," drew to a close with the Missouri Compromise of 1820, which accepted the states south of the line as slave-holding and those north of the line as free. The compromise, along with those that followed it, eventually failed.

    One hundred years after Mason and Dixon began their effort to chart the boundary, soldiers from opposite sides of the line let their blood stain the fields of Gettysburg, Pennsylvania, in the Southern states’ final and fatal attempt to breach the Mason-Dixon line during the Civil War. One hundred and one years after the Britons completed their line, the United States finally admitted men of any complexion born within the nation to the rights of citizenship with the ratification of the 14th Amendment.

    Statistics: Posted by gary — Tue Oct 18, 2011 1:11 pm


  • Site Information and Announcements • Intentions of gov.summit.net
    There are two sites in one at gov.summit net

    Intentions of gov.summit.net were never to create another "social networking" site as so many people use. Topic based discussions for the purpose of solutions to local, state and federal government issues is the true purpose. Unlike "wall-based" sites that is a mix of any topic that travels from newest to oldest substitutions, until lost to obscurity, topic based forums provide longevity with searchable and subscribable specific topics. The social side of gov.summit.net allows a comfort factor to assimilate those accustomed to using other popular social sites. As a bonus, however, the social side of this site is a useful tool for those wishing to collaborate with colleagues in efforts to compose or study laws for submission to elected government bodies for consideration to become newly proposed bills.

    Statistics: Posted by gary — Mon Oct 17, 2011 7:12 am


  • Videos • Pants on the Ground
    object

    Statistics: Posted by gary — Mon Oct 17, 2011 5:29 am


  • What’s On Your Mind • Bills to Laws
    Email to WSBA in York, PA

    I just sent an email to the White House with content suggesting that his jobs plan, with intention to bypass the congress, may bring arms from patriots of Virginia.

    Although I reside now in Pennsylvania, my heritage is of Jamestown, the first of our nation. I’ve been very upset by the trends of government, from federal as the lead, to state and then local, to act and grow to be an impact upon our lives each day. Growing and taxing and becoming a greater power and influence upon our lives.My hope is that elections will bring about a freedom of individuals, businesses and ingenuity. The free market, as we began, will bring forth this revival of our nation.

    Thank you.

    Make BILLS to become LAWS http://gov.summit.net

    Statistics: Posted by gary — Wed Oct 12, 2011 9:10 pm


  • Site Comments and Suggestions • We needed this!
    This is great. Finally, a place where we can do more than just talk, like on Facebook. Everything gets lost there in the shuffle. Positive and productive things may just be developed here!

    Statistics: Posted by Concerned — Wed Oct 05, 2011 1:52 pm


  • Commentary • Re: Socialism Growing in the U.S.A.?
    This is so very true. We should learn from this and do something about it. Most of my friends seem to be very passive about this stuff. They are so busy trying to make a living and pay taxes. Tax upon tax, regulations and laws that are changing our culture fills their time. There seems to be little quality time with family and loved ones. My friends and I used to sit around and talk about science, technology, how to fix stuff around the house and create things and try to be inventive. Now, my friends seem to have less than two minutes because they have to rush to a business appointment, doing their taxes or are just not in any mood because they’ve been worrying how they are going to make it. Even the cost of driving to see each other is expensive. The price of oil is one thing, but the taxes almost kill us.

    Thanks for the post and this site, Gary. Keep it coming!

    Statistics: Posted by frank — Fri Sep 30, 2011 11:59 am


  • Commentary • Socialism Growing in the U.S.A.?
    If you enjoy your life today, that all is well, productive, successful and believe your grandchildren will have an even better life, then you need not waste time to read any more of this. You are either receiving benefits of social programs or are very fortunate. If the latter, congratulations are in order. Maybe you can share your secrets with the rest of us how you can feel immune, independent and isolated from the condition of our nation and the path it’s taking.

    If you’re still with me, then you must be a realist, have your blinders off and know that we are all interdependent. Like parasites on a thriving tree, even the strongest branches will eventually die along with the rest of the tree. The evidence and trend toward a more socialistic government and society surrounds our lives today in the U.S.A. Increased government involvement touches nearly every facet of our lives. We either haven’t studied history or are bound and determined to repeat it’s mistakes. Socialism has never worked in world history, unless you feel China is a success story (that’s an entire other story). Our nation nearly didn’t come into existence due to a "Utopian" socialistic experiment. This part of our nations history has been lost and seemingly not wished to be taught in our schools today. We want to "feel good", rewrite history and make everything seem "wonderful". It’s shameful. Sometimes the truth is difficult and hurts, but the lessons learned help to build a stronger future.

    Let me know what you think…..

    The American socialist experiment

    By Charles F. Wickwire
    September 2, 2002

    The Mayflower On November 11, 1620, the Mayflower landed at Plymouth Rock. The ship lay at anchor until March, the pilgrims living onboard while permanent housing was being built. When the Mayflower finally left, 27 adults and 23 children were left of the 102 people who set out across the ocean. Their governor was William Bradford and under his leadership, these first Americans began to make a new life in the New World.

    What very few Americans today know is this very first colony on the shores of America started out as a socialist colony. The Pilgrims at Plymouth set up a common store that worked on the principle of "From Each According To His Ability – To Each According To His Need". Everything that the colony produced was placed in the common store and was then distributed out as needed.

    For two years the colony worked to create a socialist Utopia but even with an additional 30 settlers who arrived a year after the Mayflower, the colony barely survived. Each winter the colonist would go hungry being reduced to rations of a quarter pound of bread at times. Governor Bradford relates his experiences concerning the socialist state he had helped to create:

    "The experience that was had in this commone course and condition, tired sundrie years, and that amongst godly and sober men, may well evince the vanitie of that conceite of Platos and other ancients, applauded by some of later times; –that the taking away of propertie, and bringing in communitie into a comone wealth would make them happy and florishing; as if they were wiser than God. For this comunitie (so farr as it was) was found to breed much confusion and discontente, and retard much imployment that would have been to their benefite and comforte. For the yong-men that were most able and fitte for labour and service did repine that they should spend their time and streingth to worke for other mens wives and children, with out any recompense. The strong, or man of parts, had no more in divission of victails and cloaths, than he that was weake and not able to doe a quarter the other could; this was thought injustice. The aged and graver men to be ranked and equalised in labours, and victuals, cloaths, etc., with the meaner and younger sorte, thought it some indignite and disrespect unto them. And for men’s wives to be commanded to doe service for other men, as dresing their meate, washing their cloaths, etc., they deemed it a kind of slavery, neither could many husbands well brooke it. "

    Finally, in 1623, Governor Bradford called a meeting to discuss how to have a more productive growing season and be better prepared for the next winter. Governor Bradford writes:

    "All this while no supply was heard of, neither knew they when they might expecte any. So they [the pilgims] begane to thinke how they might raise as much corne as they could, and obtaine a beter crope than they had done, that they might not still thus languish in miserie. At length after much debate of things, the Gov. (with the advise of the cheefest amongest them) gave way that they should set downe every man for his owne perticuler, and in that regard trust to themselves… And so assigned to every family a parceel of land. This had very good success; for it made all hands very industrious, so as much more corne was planted than other waise would have bene by any means the Gov. or any other could use, and saved him a great deall of trouble, and gave farr better contente. The women now wente willingly into the feild, and tooke their litle-ons with them to set corne, which before would aledge weakness, and inabilitie; whom to have compelled would have bene thought great tiranie and opression."

    It was at this meeting between Governor Bradford and the chief members of the colony that the American free enterprise system was born. Governor Bradford writes about the results of this system:

    "By this time harvest was come, and instead of famine, now God gave them plentie, and the face of things was changed, to the rejoysing of the harts of many, for which they blessed God. And in the effect of their perticular planting was well seene, for all had, one way and other, pretty well to bring the year aboute, and some of the abler sorte and more industrious had to spare, and sell to others, 50 as any generall wante of famine hath not been amongest them since to this day."

    This little known failed experiment in American socialism isn’t taught in today’s schools. If it was, our children might grow up to doubt governmental programs that redistribute wealth "from each according to his ability – too each according to his need."

    Source: William Bradford, History of Plymouth Plantation, 1620-1647

    Charles Wickwire is a Computer Specialist who likes to share his opinion with those who are interested and even those who are not. He can be contacted at CharlesWickwire@yahoo.com.

    Statistics: Posted by gary — Fri Sep 30, 2011 11:25 am


Google search manipulation starves some websites of traffic

Google’s placement of its own flight-finding service in search results is resulting in lower click-through rates for companies that have not bought advertising, according to a study by Harvard University academics.

The study provides data for how Google’s placement of its own services amid “organic” search results may hurt competitors, which is the focus of an ongoing antitrust case between Google and the European Union.

How paid and non-paid search results are displayed has a powerful sway over consumers, the study found. Ben Edelman, an associate professor at Harvard Business School, and Zhenyu Lai, a Harvard doctoral candidate, looked at when Google began inserting its own Flight Search feature, launched in December 2011, into search results.

They found that Google chose to display Flight Search depending on a user’s search terms. When Flight Search was displayed, it takes a top position in the search results, pushing lower down non-paid search results.

To read this article in full or to leave a comment, please click here

From: http://www.pcworld.com/article/2034703/google-search-manipulation-starves-some-websites-of-traffic.html#tk.rss_all

Rhode Island's tallest building will soon go dark

Rhode Island’s tallest building will soon be its most visible symbol of the state’s long economic decline.

The 26-story Art Deco-style building is losing its sole tenant this month. No one is moving in.

The building is the most distinctive feature on the Providence skyline, and it will no longer be fully illuminated at night, if at all.

It’s a blow for the state, which had 9.4 percent unemployment in February and has had one of the worst jobless rates in the nation for years.

One real estate expert at Harvard Business School says the Superman building will become “the ultimate urban pothole.”

…read more

Source: FULL ARTICLE at Fox US News

Coeur Announces Nomination of Randolph E. Gress to Board of Directors

By Business Wirevia The Motley Fool

Filed under:

Coeur Announces Nomination of Randolph E. Gress to Board of Directors

COEUR D’ALENE, Idaho–(BUSINESS WIRE)– Coeur d’Alene Mines Corporation (the “Company” or “Coeur”) (NYS: CDE) (TSX: CDM) today announced that Randolph E. Gress has been nominated for election to the Board of Directors at the Company’s 2013 annual meeting of shareholders to be held May 14, 2013. Upon his election, Mr. Gress is expected to be appointed to the Audit Committee and the Nominating and Corporate Governance Committee.

Mr. Gress, an experienced industrial CEO with a wide range of international exposure, brings over 34 years of experience to Coeur’s Board. Mr. Gress is Chairman, Chief Executive Officer, and Director of Innophos Holdings, Inc., a leading international producer of performance-critical and nutritional specialty ingredients for the food, beverage, dietary supplements, pharmaceutical and industrial end markets. Mr. Gress has been with Innophos since its formation in 2004 when Bain Capital purchased Rhodia SA’s North American specialty phosphate business. Prior to his time at Innophos, Mr. Gress was with Rhodia since 1997 and held various positions including Global President of Specialty Phosphates (with two years based in the U.K.) and Vice-President and General Manager of the NA Sulfuric Acid and Regeneration businesses. From 1982 to 1997, Mr. Gress served in various roles at FMC Corporation including Corporate Strategy and various manufacturing, marketing, and supply chain positions. Mr. Gress has a B.S.E. in Chemical Engineering from Princeton University and an M.B.A. from Harvard Business School.

“We are pleased to have Randy join Coeur’s Board of Directors,” said Robert E. Mellor, Coeur’s Chairman of the Board. “Mr. Gress brings significant corporate leadership experience, having guided his company through the challenges of private equity ownership and an IPO. He has led Innophos Holdings, Inc. as a public company since its IPO in 2006.”

About Coeur

Coeur d’Alene Mines Corporation is the largest U.S.-based primary silver producer and a growing gold producer. The Company has four precious metals mines in the Americas generating strong production, sales and cash flow in continued robust metals markets. Coeur produces from its wholly owned operations: the Palmarejo silver-gold mine in Mexico, the San Bartolomé silver mine in Bolivia, the Rochester silver-gold mine in Nevada and the Kensington gold mine in Alaska. The Company also owns a non-operating interest in a mine in Australia, and conducts ongoing exploration activities in Mexico, Argentina, Nevada, Alaska and Bolivia.

PPG Appoints Sklarsky as Executive Vice President, Finance

By Business Wirevia The Motley Fool

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PPG Appoints Sklarsky as Executive Vice President, Finance

PITTSBURGH–(BUSINESS WIRE)– PPG Industries (NYS: PPG) today announced that Frank S. Sklarsky will join the company as executive vice president, finance, effective April 15, reporting to Chairman and CEO Charles E. Bunch.

Also, effective August 1, Sklarsky will be named PPG executive vice president and chief financial officer.

David B. Navikas, currently PPG senior vice president, finance and chief financial officer, will continue in his current role until August 1, and will then continue as senior vice president in a senior leadership role that will be announced later.

“We are pleased to welcome Frank to PPG. His deep financial management expertise and executive leadership experience guiding strategy and operations with large, global enterprises will be an asset to PPG as we continue to grow and expand our positions around the world,” Bunch said.

“I also want to recognize David Navikas as he transitions into his next senior leadership role in PPG,” Bunch said. “David’s detailed understanding of PPG‘s global businesses and deep financial management expertise are invaluable, as demonstrated recently in his role supporting our strategic initiatives to separate PPG‘s commodity chemicals business and to acquire AkzoNobel’s North American architectural coatings business.

“Frank, David and I will work closely together with PPG‘s global finance organization and the entire leadership team as we carry out this important senior leadership succession,” Bunch said.

Most recently, Sklarsky was executive vice president and chief financial officer, Tyco International, Ltd., a global provider of security, fire protection and flow control solutions with revenues that exceeded $17 billion. Prior to joining Tyco, Sklarsky served as executive vice president and chief financial officer at both Eastman Kodak Co. and ConAgra Foods, Inc. Previously, he spent 20 years with Chrysler in a series of senior financial leadership roles. He also held finance positions with Dell, Inc., after beginning his career with Ernst & Young. Sklarsky is a member of the board of directors of Harman International Industries, Inc., and of Rochester Institute of Technology. He holds a bachelor’s degree in accounting from Rochester Institute of Technology and an MBA from Harvard Business School, and he is a certified public accountant.

PPG: BRINGING INNOVATION TO THE SURFACE.(TM)

PPG Industries’ vision is to continue to be the world’s leading coatings and specialty products company. Through leadership in innovation, sustainability and color, PPG helps customers in …read more
Source: FULL ARTICLE at DailyFinance

Francesca Gino: How to Avoid Getting Sidetracked in Your Career

By Dan Schawbel, Contributor

I recently spoke to Francesca Gino, who is an Associate Professor of Business Administration in the Negotiation, Organizations, & Markets Unit at the Harvard Business School. Her research focuses on judgment and decision making, social influence, and ethics and creativity. Her studies have been featured on CNN and NPR, as well as in leading print publications including Economist and the Financial Times. In 2009, the New York Times featured Gino’s research in The 9th Annual Year in Ideas. Her new book is called Sidetracked: Why Our Decisions Get Derailed, and How We Can Stick to the Plan. …read more
Source: FULL ARTICLE at Forbes Latest

Frontier Communications Corporation Names Luke Szymczak Vice President, Investor Relations

By Business Wirevia The Motley Fool

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Frontier Communications Corporation Names Luke Szymczak Vice President, Investor Relations

STAMFORD, Conn.–(BUSINESS WIRE)– John M. Jureller, Executive Vice President and Chief Financial Officer of Frontier Communications Corporation (NAS: FTR) , announced today that Luke Szymczak has joined the company as Vice President, Investor Relations. He reports to Mr. Jureller.

In announcing the appointment, Mr. Jureller said, “Investor Relations plays a critical role at Frontier, and we’re excited Luke has joined our team. He will provide a strong connection with our stakeholders. Making sure that analysts, portfolio managers, financial media, individuals and others in the investment community understand Frontier’s strategic direction, operations, financial performance and value proposition is critical. Frontier has a compelling story to tell, and I am confident Luke will help make sure it is heard.”

Mr. Szymczak joined Frontier after 12 years at J. P. Morgan, most recently as Managing Director at JPMorgan Asset Management. As a senior analyst he covered telecom, wireless, cable and technology sectors for the global asset manager and managed the firm’s global Tech-Media-Telecom Fund.

Prior to J. P. Morgan, Mr. Szymczak was with Prudential Securities for eight years, most recently as First Vice President, Equity Research covering the communications equipment industry. Before that, he was an Associate with Schooner Capital. He began his career with a division of IBM, later holding corporate positions in Engineering and Marketing and managing teams whose projects covered Europe, Asia and the Americas.

Mr. Szymczak earned a B.S. in Electrical Engineering from Rutgers University, College of Engineering and an MBA from Harvard Business School.


About Frontier Communications

Frontier Communications Corporation  (NAS: FTR) is an S&P 500 company and is included in the FORTUNE 500 list of America’s largest corporations. Frontier offers broadband, voice, satellite video, wireless Internet data access, data security solutions, bundled offerings and specialized bundles for residential customers, small businesses and home offices and medium and large businesses in 27 states. Frontier’s approximately 14,700 employees are based entirely in the United States. More information is available at www.frontier.com.


<br …read more
Source: FULL ARTICLE at DailyFinance

Pity the Rich Investing in Hedge Funds. Seriously.

By Rich Smith

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George Soros, founder of Soros Fund Management. (Akos Stiller, Bloomberg via Getty Images)

Hedge funds. Everyone wants to invest in them, but if you want to get into one, you generally have to meet either one of two conditions, laid down by the Securities and Exchange Commission: Either you must earn $200,000 or more a year, or you must have net worth of more than $1 million.

That exclusivity has helped fuel explosive growth in America’s hedge fund industry, which has expanded from $300 billion in assets under management 15 years ago, to $2.2 trillion today. Clearly, this is a popular investment party — one that (statistically speaking) you probably aren’t invited to.

Oh, the Unfairness of It All

At first glance, it seems unfair that average people can’t invest in the rich-folk hedge funds. And, as explained in a recent article in The Wall Street Journal’s WSJ.Money magazine, it is unfair … not to us ordinary investors, but to the rich folks whose hedge fund investments consistently underperform the stock market.

How unfair is it? Here are a few facts and figures to draw you a picture:

  • The average hedge fund charges its clients 2 percent of whatever money they invest with it — payable every year. Plus, if the hedge fund makes a profit, the manager skims 20 percent off the top of this profit. (Conversely, when a hedge fund loses money, the manager does not give money back to investors.) What it all works out to is that your average hedge fund manager has to earn 12 percent per year in profit in order for his clients to just match the 8 percent long-term average return they could get on a plain vanilla S&P 500 index fund.
  • That’s not easy to do, and in fact, according to Hedge Fund Research (HFR), the average hedge fund does not outperform the market. Rather, over the past three- and 10-year terms, the average hedge fund underperformed it. Over longer periods of time, the results have been similarly bleak. A 2009 study conducted by Emory University and Harvard Business School determined that the average hedge fund investor earned just 6 percent annually on his investments.
  • What’s worse, funds making it into HFR‘s underperformance study only included those funds still alive at the end of the study. Factor in the total losses of hedge funds that have gone bust, and the underperformance would look even worse.

So to answer the perennial question: Is the system for investing in hedge funds unfair?

Yes. It’s unfair to rich folk.

Motley Fool contributor Rich Smith once considered investing in a hedge fund, but decided against it. Now you know why.

Permalink | Email this | <a target=_blank …read more
Source: FULL ARTICLE at DailyFinance

IAB Accuses Mozilla of Undermining American Small Business &amp; Consumers' Control of Their Privacy wit

By Business Wirevia The Motley Fool

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IAB Accuses Mozilla of Undermining American Small Business & Consumers’ Control of Their Privacy with Proposed Changes to Firefox


Trade Organization Releases Comprehensive FAQ to Address Publisher, Marketer & Agency Questions About Mozilla’s Actions Against the Ad-Supported Internet

NEW YORK–(BUSINESS WIRE)– The Interactive Advertising Bureau (IAB) today accused the Mozilla Corporation, the technology giant whose Firefox web browser controls how a fifth of users worldwide access the internet, of undermining American small businesses and consumers’ ability to manage their own privacy, through planned changes to Firefox that would re-architect the way data flows between web sites and internet users.

“Thousands of small businesses that make up the diversity of content and services online will be forced to close their doors,” said Randall Rothenberg, President and CEO, IAB, the trade association for the ad-supported digital media industry, in a statement released this afternoon.

“This move will not put the interest of users first. Nor does it promote transparency or ‘move the web forward’ as Mozilla claims in its announcement. It will not advance Mozilla Corporation‘s objective, as stated in its bylaws, of ‘promoting choice and innovation on the internet,’ but will, instead, impede both,” Rothenberg said. He called on the for-profit Mozilla Corporation and its non-profit parent, the Mozilla Foundation, to rescind their planned changes to the Firefox browser.

A recent study by Harvard Business School researchers found that the ad-supported internet was responsible for 5.1 million U.S. jobs and contributed $530 billion to the U.S. economy in 2011 alone. Sole proprietors and very small firms were called out as a vital part of the ecosystem by the research team, with tiny entrepreneurial digital ventures across the country generating more jobs than such internet giants as Google, Microsoft and Yahoo!.

Joining a chorus of complaints from companies and industry groups around the world, the IAB, which represents 500 major U.S. internet companies and more than 1,000 small digital publishers, focused on Mozilla’s plans to block third-party cookies by default in the next version of the Firefox browser. The IAB pointed specifically to the impact the ban would have on small internet publishers, which depend on such cookie technology to sell advertising to niche audience segments.

“These small businesses can’t afford to hire large advertising sales …read more
Source: FULL ARTICLE at DailyFinance

Marissa Mayer Needs to Bridge Distance Gap with Remote Workers

By HBS Working Knowledge at Forbes, Contributor

Yahoo!’s Marissa Mayer has fired up a national conversation on telecommuting with her edict to recall work-at-home employees back to the office.  Harvard Business School professor Lakshmi Ramarajan offers advice on how to address the organizational fallout from the decision. Read  HBS Working Knowledge for more management advice. …read more
Source: FULL ARTICLE at Forbes Latest

Fiserv Forum 2013 Designed to Help Attendees Create Impactful Financial Experiences

By Business Wirevia The Motley Fool

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Fiserv Forum 2013 Designed to Help Attendees Create Impactful Financial Experiences

  • General Colin L. Powell, USA (Ret.) to keynote Fiserv Forum, the spring client conference, April 15 -18
  • Futurist Daniel Burrus, best-selling author Marcus Buckingham, millennial expert Scott Hess and Youngme Moon of Harvard Business School add to powerhouse speaker line-up
  • Early-bird discounted registration available until March 25, 2013

BROOKFIELD, Wis.–(BUSINESS WIRE)– Fiserv, Inc. (NAS: FISV) , a leading global provider of financial services technology solutions, today announced the full agenda for Forum 2013 to be held April 15-18 at The Venetian and The Palazzo in Las Vegas. In addition to keynote speaker Gen. Colin Powell, who will share key leadership and life experiences, the newly announced speakers will provide insights on strategy, management and the trends that are impacting the next generation of financial services. The powerhouse lineup of speakers includes:

  • Leading futurist Daniel Burrus, Chief Executive Officer of Burrus Research
  • Marcus Buckingham, the best-selling author and former Gallup researcher who helped create the StrengthsFinder personal assessment tool used by millions
  • Scott Hess, senior vice president, Human Intelligence at Spark Communications, a leading expert on the Millennial generation
  • Youngme Moon, Senior Associate Dean and MBA Program Chair at Harvard Business School, and author of the best-selling book, Different

“Our goal with Forum is to provide our clients with compelling insights they can use to capitalize on the opportunities, and address challenges, in today’s complex business environment,” said Jeffery Yabuki, President and Chief Executive Officer, Fiserv. “The speakers for this year’s conference are leading thinkers from a range of disciplines, who will offer relevant, innovative perspectives on financial services.”

Participants will also hear how the latest advances from Fiserv can help clients create revenue, deepen customer relationships, streamline their business and create a sustainable environment of growth, leading to an overall enhanced experience for both the client and their customers. Attendees will enjoy a thought-provoking mix of keynote addresses and strategy sessions focused on digital banking and payments, retail and business banking, performance and analytics, wealth management and other industry segments.

The latest innovations …read more
Source: FULL ARTICLE at DailyFinance

The Case of Women MBAs at Harvard Business School

By HBS Working Knowledge at Forbes, Contributor

Harvard Business School is known for its case method of teaching, in which students put themselves in a decision-maker’s shoes at a critical juncture of an organization’s history.  More often than not, the studied organization is a private sector company.  But a new case focuses on HBS itself, as the Dean looks back on the experience of women MBA students over the past 50 years.  Professor Boris Groysberg discusses the case in this story by Carmen Nobel, which first appeared on the HBS Working Knowledge website.  …read more
Source: FULL ARTICLE at Forbes Latest

Profit From Wall Street Analysts' Blind Spot

By Dan Dzombak, The Motley Fool

Filed under:

A few months ago, some Harvard Business School professors came out with a study on what factors drive analyst buy recommendations. Read on, and I’ll explain the problem with analyst recommendations, what the professors found, and how you can profit from all this.

Wall Street recommendations
Wall Street analysts have a variety of conflicts of interests and are far too positive; as such, their recommendations are known to not be that useful. Being negative is hard for analysts, as there really is no incentive for them to be negative. Negative reports don’t get people excited, don’t drive much business, and often management teams will stop speaking with analysts who are negative. Also, if an analyst makes a small error in a negative report, investor relations departments are not forgiving, whereas in a positive report, IR departments are much more forgiving of small errors.

With no incentive to write negative reports on companies, only 6% of U.S. analyst recommendations are sells. Internationally, the number is slightly higher, with an average of 9% of recommendations as sells around the world.  

Top factors
Given their overly positive bent, what do you think would be analysts’ top factors?

Take a moment to think about it…

The results, which are organized by the location of the analysts, are interesting both for what analysts found very important and what they found least important.

Factors that drive buy recommendations for analysts
(A = Asia, E = Europe, L = Latin America, U = U.S.)

Factors / Importance

Low

Moderate

High

Very High

Well-communicated strategy

ALU

   

E

Ability to execute strategy

AL

U

E

 

Governance strength

AL

 

E

U

Quality of top management

L

   

AEU

Innovativeness

A

U

E

L

Low-price strategy

AL

 

E

U

Superior products or services strategy

AEL

 

U

 

Balance sheet strength

AELU

     

Culture

AEL

 

U

 

High performance compensation

AEL

U

   

Projected industry growth

   

E

ALU

Industry competitiveness

L

AEU

   

Source: Harvard Business Review, “What Makes Analysts Say ‘Buy.'”

Very important
Analysts called out projected industry growth and quality of top management as factors they consider to be very important. While it is good to hear that analysts find management extremely important, it is worrisome that projected industry growth is the other most important factor to them.

Studies have shown that analysts are terrible at estimating growth in both the short and long term, consistently overestimating growth. A study that looked at analyst estimates from 1984 to 2006 by Patrick Cusatis and J. Randall Woolridge of Pennsylvania State University found …read more
Source: FULL ARTICLE at DailyFinance

Lessons from Running GM's OnStar

By HBS Working Knowledge at Forbes, Contributor

Before teaching at Harvard Business SchoolChet Huber ran the General Motors telematics subsidiary OnStar. Huber discusses how the lessons he learned in the field mesh with the lessons he teaches to students in this article by Carmen Nobel, which first appeared on the HBS Working Knowledge website.  …read more
Source: FULL ARTICLE at Forbes Latest

Business Education for Women at Harvard — the Early Years

By HBS Working Knowledge at Forbes, Contributor

In 1962, Harvard Business School admitted women into the full two-year MBA program for the first time.  Eight women enrolled in the program in 1963, alongside 676 men. HBS is celebrating the 50th anniversary of this milestone with a series of events and programs, including a new exhibition that traces women’s business education history at Harvard back to the 1930s.  …read more
Source: FULL ARTICLE at Forbes Latest