Tag Archives: MBA

5 Ways To Tell If The Advice You've Received Is Wrong

By Kathy Caprino, Contributor

Over my 30-year career, I’ve received thousands of pieces of advice, on everything from what type of job to look for, advanced degrees to pursue, to how to make money online and grow my business.  I’d estimate that over 75% of the advice I’ve received was dead wrong for me – heading me in a direction that either would fail miserably or make me unhappy in the success of it. After I left corporate life 12 years ago and launched my own business, I started developing new criteria for evaluating the quality of the advice I receive, using more of my intuition and energy to guide me rather than a strict logical assessment.  Today, if I feel 100% sure that the advice I’m hearing is true and helpful, I’ll follow it.  If not, I reconsider and re-evaluate all my options.  In the end, I don’t take action until it feels completely right to do so. Becoming adept at identifying advice that’s bad for you is a critical career success skill.  Here are five surefire ways to determine if the advice you’re receiving for your life and career is wrong for you. 1. Your gut says “Heck No!” Over the years, I’ve been told to do things that felt wrong, wrong, wrong. For instance, in my corporate marketing career, superiors and colleagues suggested that I would advance more quickly if I pursued an MBA, but that felt like the last thing I wanted to do.   My intuition told me that an investment of that amount of time and money on something I didn’t care about was not the way to go.  Turns out, I was right.  Years later, the advanced degree I chose to earn was a Master of Arts degree in Marriage and Family Therapy, and from that experience, I became a trained therapist and coach. That move was one of the most instrumental of my entire life, and I use the skills and training I learned from it each and every day.   Lesson: Follow what you intuitively believe is right, rather than what people try to push on you. 2. The advice is from someone who doesn’t get you or your goals. We’re often given advice from folks who don’t understand us at all, so why should their advice be right for us?  As an example, in my business as a career coach and trainer, I’ve heard from all sorts of “marketing experts and gurus” about how to launch online programs profitably and the essential steps to get there.  So much of this guidance has felt sleazy, out of integrity, formulaic and disingenuous to me.  It may work for others, but if the advice doesn’t fit who I am and what I value, I’m not going get behind it, and the outcomes won’t be positive.  When I do find a great business or marketing partner, I know it because he or she “gets” me and what I want instantly.   Lesson: Take advice only from people who understand (and value) …read more

Source: FULL ARTICLE at Forbes Latest

Demand for Mortgages Falls as Rates Remain Unchanged

By Reuters

mortgage loan applications economy housing market home sales refinancing interest rates

Filed under: , , , ,

David Paul Morris/Bloomberg via Getty Images

By Leah Schnurr

Applications for U.S. home mortgages decreased last week with potential buyers shying away from the market as rates held steady just below their two-year highs.

The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, declined 3.7 percent in the week ended July 26. It was the seventh week in a row the index has been lower.

The MBA’s seasonally adjusted index of loan requests for home purchases, a leading indicator of home sales, fell 3.4 percent.

Fixed 30-year mortgage rates averaged 4.58 percent, unchanged from the week before and only 10 basis points below a two-year high hit earlier in July.

Rates have risen sharply since early May, pushed higher by the Federal Reserve’s plan to start slowing its economic stimulus later this year if the economy progresses as expected.

The Fed is currently buying $85 billion in bonds a month to keep borrowing costs low. The cheap mortgage rates have helped lure homebuyers and worries have emerged that higher costs could take some of the strength out of the housing market’s recovery.

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Still, most economists don’t expect it to derail housing’s growth altogether. Rates have risen about 1 percentage point since early May, but still remain low by historical standards.

Refinancing activity has been hit harder than purchases by the rise in rates, which makes refinancing less lucrative. The gauge of refinancing applications fell 3.8 percent.

The refinance share of total mortgage activity was unchanged at 63 percent of applications.

The survey covers over 75 percent of U.S. retail residential mortgage applications, according to MBA.


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…read more

Source: FULL ARTICLE at DailyFinance

How Modern Economics Is Built On 'The World's Dumbest Idea'

By Steve Denning, Contributor

Earlier this month, the Financial Times published a pair of important articles asking why the goal of a firm is to maximize short-term shareholder value is still being taught in business schools. “While there is growing consensus that focusing on short-term shareholder value is not only bad for society but also leads to poor business results, much MBA teaching remains shaped by the shareholder primacy model.” The challenge is massive because shareholder value is now deeply embedded in the basic economics that is taught in business schools and economics faculties around the world. Moving on from the shareholder value theory, which even its foremost exemplar, Jack Welch, has called “the dumbest idea in the world”, will entail re-thinking and re-writing much of the basics of modern economics. Two prime textbooks on managerial economics To understand the depth of the problem, let’s look at a couple of the best-selling textbooks on managerial economics. One is Managerial Economics and Business Strategy, by Professor Michael Baye, the Bert Elwert Professor of Business Economics in the Kelley School of Business at Indiana University and Jeffrey T. Prince, Associate Professor of Business Economics & Public Policy also at the Kelley School of Business. …read more

Source: FULL ARTICLE at Forbes Latest

Weekly News & Politics Digest

  • What’s On Your Mind • Abe & Friends
    * * * * * * *
    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
    * * * * * * *
    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


    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


    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


    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..:)


    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.


    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…
    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

    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

    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

    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

    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

The Decade of the CIO is Here – The Beyond CIO Series

By Peter High, Contributor

Tan Chee Hong has the ideal background for the IT executive who would rise to a larger role.  He has an MBA, he was educated on multiple continents, and he has worked on multiple continents, both as a consultant and as a CIO multiple times over.  He was CIO of Jardine Cycle & Carriage when he was plucked by Hong Kong Air Cargo Terminals Limited (Hactl), one of the largest and most sophisticated air cargo terminals in the world, which operates as a gateway for air cargo to and from China. He joined Hactl as Executive Director of Information Services (CIO equivalent) & Operation Development.  He was hired as a CIO-plus at the outset of his timie with the company, which is a rare feat.  No one had ever had that role simultaneously, but in Tan, Hactl had found a rare leader who could connect the dots between creative use of technology to stabilize the operation, and to delight an intricate web of customers and partners.

From: http://www.forbes.com/sites/peterhigh/2013/04/22/the-decade-of-the-cio-is-here-the-beyond-cio-series/

Asiff Hirji's Journey from CIO to President of T.D. Ameritrade – The Beyond CIO Series

By Peter High, Contributor

Where a lot of IT executives think of their careers as a game of checkers, planning one move at a time, Asiff Hirji has thought about his career as a game of chess, planning several moves in advance.  He as an engineer by training, and realized he needed a more formal business education, so he got an MBA.  He took was a CIO multiple times over, most prominently at T.D. Ameritrade, but each time, he took on responsibilities beyond that role, eventually becoming president and COO of T.D. Ameritrade. In this interview, which is drawn from the Forum on World Class IT interview that I conducted with Hirji, he described the way in which he has managed his career, managed his colleagues, and now manages his portfolio of companies as a venture capitalist at TPG.

From: http://www.forbes.com/sites/peterhigh/2013/04/15/asiff-hirjis-journey-from-cio-to-president-of-t-d-ameritrade-the-beyond-cio-series/

9 Announcements and Events Bank Investors Must Watch Next Week

By Jessica Alling, The Motley Fool

Filed under:

In this series, we’ll explore the data announcements and events that may impact the performance of bank stocks during the upcoming week.

It’s the beginning of earnings season for the banks, and with two already under our belts, it’s important that bank investors keep an eye on the news for the next week. As we saw, record earnings weren’t enough to propel the reporting banks higher — so watch out for more declines in the days to come.


  • Earnings — Citigroup announces its first-quarter earnings Monday morning. Following on the heels of two record-high earnings reports from JPMorgan Chase  and Wells Fargo , Citi will be under a lot of scrutiny from shareholders. Though the record earnings didn’t save the other two banks from falling Friday, largely because of investors looking for more quality along with the quantity of profits.
  • Housing Market Index — as the housing market continues its slow but steady recovery, bank investors should look for signs of increased activity. One of the biggest takeaways from this week’s batch of earnings reports was a decrease in mortgage activity — a lead generator of revenue for the banks. This index provides a glimpse of the prospective buyer trend, giving bank investors a feel for how much new business could be coming to the banks.


  • Housing starts — another sign of the rebounding housing market, housing starts give investors the data on how many new homes will be entering the market shortly. This provides a continued look at the stream of new mortgage loans that may be originated by the banks.


  • EarningsBank of America announces earnings for the first quarter. With plenty of pressure on the bank to show shareholders more progress, the news from JPM and Wells Fargo‘s earnings calls are not giving investors much confidence in what B of A will report. Continued pressure on net interest margins are expected, which creates increased stress on the banking sector’s ability to generate more revenue.
  • MBA purchase applications— Last week saw a big improvement in mortgage applications, with a 5% increase overall. Refinancings were the main driver of the gain, but this is important news for the banks, which generate most of their revenue through loans and application fees. Bank investors should watch this week’s numbers as a continued trend higher could signal returning business to the banks.
  • Bank reserve settlement — it’s that time again. Every two weeks, the Federal Reserve requires banks to check in with their capital reserve balances. While some banks have no problem meeting their required threshold, others may have to scramble to gather up enough cash to meet the requirements — leading to increases in inter-bank lending, which can influence movement in the Federal Funds Rate.


Titan International Hires Vice President of Finance for North America

By Business Wirevia The Motley Fool

Filed under:

Titan International Hires Vice President of Finance for North America

QUINCY, Ill.–(BUSINESS WIRE)– Titan International, Inc. (NYS: TWI) is pleased to announce that Keith Fuglaar has been hired as Vice President of Finance for North America.

Mr. Fuglaar joins Titan International from The Egging Company, a privately held multi-location heavy manufacturing company, where he served as Chief Financial Officer. Prior to this, he was VP-Finance for ARC Automotive, Corporate Controller at HNTB Corporation and Director-FP&A with McLeodUSA.

Mr. Fuglaar holds an MBA from the University of Tennessee and a BS from Louisiana Tech.

Paul Reitz, CFO of Titan International said, “We are excited to welcome Keith as a member of our leadership team. Keith’s knowledge of manufacturing, along with his strong financial background provides him a solid platform for the role of Vice President of Finance. We look forward to Keith’s contributions as a leader within our company and our continued progress in developing a world-class organization.”

About Titan International

Titan International, Inc., a holding company, owns subsidiaries that supply wheels, tires, assemblies and undercarriage product for off-highway equipment used in agricultural, earthmoving/construction and consumer (including all terrain vehicles) applications. For more information, visit www.titan-intl.com.

Titan International, Inc.
Krista Gray, (217) 221-4773
Investor Relations Manager

KEYWORDS:   United States  North America  Illinois


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From: http://www.dailyfinance.com/2013/04/12/titan-international-hires-vice-president-of-financ/

Kaplan Test Prep Survey: Adapting to the Current Realities of the Employment Landscape for Lawyers,

By Business Wirevia The Motley Fool

Filed under:

Kaplan Test Prep Survey: Adapting to the Current Realities of the Employment Landscape for Lawyers, Half of Pre-Law Students Say They Plan to Use their Law School Degree in a Non-Traditional Legal Job

NEW YORK–(BUSINESS WIRE)– The employment stats don’t paint a pretty picture for pre-law students looking ahead, but flexibility about their future career and their passion for it is driving them forward. According to a recent Kaplan Test Prep survey* of more than 200 pre-law students, 50% say they plan to use their law degree in a non-traditional legal field. Of that 50%, nearly three out of five (58%) said the current job market for lawyers factored into this decision. Forty-three (43%) percent of survey respondents overall said they plan to use their law degree to pursue a job in the business world rather than in the legal world—which helps explain why 42% said they’d likely pursue an MBA if they weren’t already pursuing a JD.

The growing interest in non-traditional legal jobs comes on the heels of the latest report from the American Bar Association which shows that just 56% of 2012 graduates secured long-term, full-time jobs that required bar passage—a 1% increase over the class of 2011.

Other results from the Kaplan Test Prep survey of pre-law students:

  • Most students say they’re motivated to go to law school by passion, not money: 71% say the primary reason they are applying to law school is “to go into a career I am passionate about.” Only 5% listed salary potential as the primary reason.
  • Passion only goes so far, without financial assistance: 43% say they are likely to postpone or alter their plans to attend law school if they don’t get the financial aid package they were hoping for. That line of thinking aligns with advice proffered by graduating law school students: in a separate Kaplan Bar Review survey** of third-year law students, 87% say a law school’s financial aid package should play a significant role in helping pre-law students determine where to enroll.

“We’ve always encouraged pre-law students to think about how to finance their legal education and what they can do with their degree, but with the recent contraction in the job market for lawyers, it’s clear that students are more concerned than ever about the financial investment in law

From: http://www.dailyfinance.com/2013/04/11/kaplan-test-prep-survey-adapting-to-the-current-re/

Kaplan's Colloquy Unit Taps Tim Gilbert as President

By Business Wirevia The Motley Fool

Filed under:

Kaplan’s Colloquy Unit Taps Tim Gilbert as President

Veteran education executive will lead business’ expansion of online solutions for higher education institutions

DELRAY BEACH, Fla.–(BUSINESS WIRE)– Kaplan, Inc., the leading global education provider and a subsidiary of The Washington Post Company (NYS: WPO) , today announced that Timothy S. Gilbert has assumed leadership for Colloquy LLC, a business unit offering end-to-end online and distance education solutions to higher education. As Colloquy’s president, Gilbert will be based in the operation’s Delray Beach, FL headquarters and report to Darrell Splithoff, executive vice president of Strategy and Innovation at Kaplan, Inc.

Tim Gilbert is the new president of Colloquy, a division of Kaplan, Inc., offering online and distance education solutions to colleges and universities. (Photo: Business Wire)

Gilbert most recently served as senior vice president and chief marketing officer for Campus Management Corp. in Boca Raton, FL. During his eight years at Campus Management, he helped grow the company from a niche provider into a global industry leader, serving 1,700 colleges, universities, and not-for-profit institutions. Previously, Gilbert held senior management positions with IBM Life Sciences, The Raymond Corporation (a manufacturing division of Toyota Industries Corp.), and The Patriot Company, a consumer goods firm he co-founded and later sold.

“Colloquy will continue to focus and expand its services to all types of higher education institutions which want to take advantage of online capabilities to reach distant learners,” said Darrell Splithoff. “We are very pleased to have Tim lead those efforts. His combination of leadership qualities, experience, and vision will take Colloquy to its next phase of growth.”

Colloquy currently serves a number of U.S. colleges and universities, including the University of California at San Francisco, George Washington University (Washington, DC) and George Mason University (Fairfax, VA).

Gilbert earned an MBA from Regis University (Denver CO), a master’s degree from The John Hopkins University (Baltimore, MD), and a bachelor’s degree from the University of Wisconsin—Madison.

Gilbert was named “Chief Marketing Officer of the Year” by the CMO Institute in 2010. A former board member of the South Florida Technology Alliance, he regularly speaks and writes about technology in education. His

From: http://www.dailyfinance.com/2013/04/11/kaplans-colloquy-unit-taps-tim-gilbert-as-presiden/

Hourly Nerd Offers MBA Students For Hire For Small Businesses

By The Huffington Post News Editors

If you’re a mom and pop and always wanted a fancy consultant on your payroll for tasks ranging from accounting to building a mobile-social media strategy—there’s a new start-up just for you.

Hourly Nerd.com is an online marketplace that offers MBA students for hire from the nation’s top business schools. Fees range from $10 to $50 an hour ballpark. Those with deeper resumes charge up to $75 to $100 an hour.

Read More…
More on What Is Working: Small Businesses

Source: FULL ARTICLE at Huffington Post

Andy Molinsky: How to Adapt to Cultural Changes in Foreign Countries

By Dan Schawbel, Contributor

I recently spoke to Andy Molinsky, who is an associate professor at Brandeis University’s International Business School and author of the new book, Global Dexterity: How to Adapt Your Behavior Across Cultures without Losing Yourself in the Process. He specializes in cross-cultural interaction in business settings and has created a popular MBA course focused on cross-cultural adaptation. He has published widely on the topic of cultural adaptation; his work has been featured by a range of media outlets including the Financial Times, the Boston Globe, NPR, and Voice of America. He received his Ph.D. in Organizational Behavior and M.A. in Psychology from Harvard University. He also holds a Master’s Degree in International Affairs from Columbia University and a B.A. in International Affairs from Brown University.

Source: FULL ARTICLE at Forbes Latest

Brad Blalock joins Prudential Fixed Income Institutional Consultant Relations

By Business Wirevia The Motley Fool

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Brad Blalock joins Prudential Fixed Income Institutional Consultant Relations

NEWARK, N.J.–(BUSINESS WIRE)– Prudential Fixed Income today announced that Brad Blalock has joined the Institutional Consultant Relations team as a principal. In this role, he is responsible for developing strategic relationships with institutional consultants and building support in this channel for Prudential Fixed Income strategies and capabilities. Prudential Fixed Income, among the largest fixed income managers in the United States, is an asset management business of Prudential Financial, Inc. (NYS: PRU) .

Before joining Prudential, Blalock was a founding principal of Lockwell Investment LLC, with oversight of sales and consultant relations, based in New York. Earlier, he worked at Morgan Stanley Investment Management, Inc., as an executive director and global co-head of consultant relations. From 1993 to 2007, Blalock was with Mercer Investment Consulting, Inc., most recently as US director of consulting and worldwide partner.

Blalock received a BS degree in actuarial science from the University of Illinois, and an MBA in finance from Northwestern University. He holds the Chartered Financial Analyst (CFA) designation.

Blalock is also a co-author of the section “Cash Balance Pension Plans” in the book Positioning Pensions for the Twenty-first Century.

“Brad brings great energy, and valuable perspective to our efforts globally,” said Miguel Thames, managing director and head of U.S. sales and global consultant relations at Prudential Fixed Income.

Prudential Fixed Income, with $395 billion in assets under management as of December 31, 2012, offers institutional investors needs-based solutions across all fixed income markets, with a focus on credit strategies and liability-driven investing. Prudential Fixed Income has portfolio management and research teams in Newark, N.J.; London and Singapore. For more information, please visit http://www.prudentialfixedincome.com.

Prudential Financial, Inc. (NYS: PRU) , a financial services leader with approximately $1.060 trillion of assets under management as of December 31, 2012, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees are committed to helping individual and institutional customers grow and protect their wealth through a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, investment management, and real estate services. In the U.S., Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit http://www.news.prudential.com.

KKR Appoints New Chairman, New CEO for Japan

By Business Wirevia The Motley Fool

Filed under:

KKR Appoints New Chairman, New CEO for Japan

Shusaku Minoda Elevated to Chairman, Hirofumi Hirano Joins as CEO

TOKYO & NEW YORK & HONG KONG–(BUSINESS WIRE)– Kohlberg Kravis Roberts & Co. L.P. (together with its affiliates, “KKR“) today announced the elevation of Shusaku Minoda to Chairman of KKR Japan from his position as Managing Director & Chief Executive Officer. Mr. Hirofumi Hirano has been hired as the new Managing Director & Chief Executive Officer of KKR Japan. Mr. Hirano joins KKR from AlixPartners Asia LLC where he was Managing Director and Head of Asia Financial Service Industry Practice. Both appointments are effective April 15, 2013.

Henry R. Kravis, Co-Founder, Co-Chairman and Co-CEO of KKR, said: “Shu Minoda has led our business as CEO of KKR Japan for six years and has built an excellent platform for future growth. As Chairman, we look forward to his continued leadership in maintaining trusted relationships with our business partners and key stakeholders as well as in our government relations.”

“The appointment of Hiro Hirano as MD and CEO of KKR Japan is an important step forward as KKR continues to grow our private equity franchise and broaden our focus to other areas of asset management and capital markets,” said Joseph Y. Bae, Managing Partner of KKR Asia.

“Hiro has a unique combination of private equity investing and operational consulting with a 30-year track record of helping Japanese companies revitalize their businesses and expand globally to achieve their full potential,” added Mr. Bae. “He will lead our team on a day-to-day basis at KKR Japan as we build on the firm foundation that KKR has created in Japan.”

Prior to joining AlixPartners, a turnaround specialist consulting firm, Mr. Hirano was CEO of the merchant-banking group of Nikko Cordial Group (now known as SMBC Nikko Securities) and also chairman of Nikko Principal Investments. During his career, he also served as a director of numerous companies, including Nikko Citigroup and Nikko Asset Management.

At AlixPartners, he led the team that advised on the turn-around efforts of Japan Airlines, as well as Sumitomo Trust‘s acquisition of Nikko Asset Management from Citigroup, and the subsequent acquisition by Nikko Asset Management of DBS’s Singapore asset management subsidiary. Mr. Hirano graduated from Keio University and holds an MBA from the University of Chicago.

About KKR
…read more

Source: FULL ARTICLE at DailyFinance

CIBT Division Signs Global Recruitment Agreement with Bemidji State University and Affiliated School

By Business Wirevia The Motley Fool

Filed under:

CIBT Division Signs Global Recruitment Agreement with Bemidji State University and Affiliated Schools

VANCOUVER, British Columbia–(BUSINESS WIRE)– CIBT Education Group Inc. (NYSE MKT: MBA and TSX: MBA) (“CIBT Group”) is pleased to announce that its newly formed division, Global Education Alliance (“GEA“), has entered into an agreement with Bemidji State University, Northwest Technical College, and Itasca Community College (“Northwoods Consortium“), under which GEA was appointed as their global recruitment partner.

Under the terms of the agreement, GEA will assist Northwoods Consortium with marketing, promotion and recruitment for the international market with a focus on the China market. GEA will provide student services and recruitment by tapping into CIBT Group’s existing infrastructure and referral network at 50+ locations in 18 countries. Currently, over 9,000 international students from 42 countries and approximately 3,000 domestic students from Canada are enrolled with CIBT Group.

About Bemidji State University:

Founded in 1919, Bemidji State University (“BSU“) is a public state university located in Bemidji, Minnesota, USA. It is one of the seven state universities in Minnesota to be fully accredited by the Minnesota State Colleges and Universities System. In 2009, 2010 and 2011, BSU was recognized as a top-tier Midwest university by the US News and World Report. Approximately 5300 students from 36 U.S. states and 38 countries are enrolled in BSU.

About Northwest Technical College:

Northwest Technical College (“NTC“) was founded in the 1960s as Bemidji Area Vocational Technical Institute, a two-year college offering two programs: carpentry and automotive mechanics. Today Northwest Technical College is the fastest growing two-year college amongst Minnesota State Colleges and Universities. More than 1600 students are currently enrolled with NTC in business, health, human and protective services, environmental, and industrial technology career programs. It offers associate degrees, diplomas and certificate programs that meet the evolving needs of regional and global employers.

About the Itasca Community College:

Itasca Community College (“ICC”), founded in 1922 with the …read more

Source: FULL ARTICLE at DailyFinance

Westwood Trust Names Randall L. Root President

By Business Wirevia The Motley Fool

Filed under:

Westwood Trust Names Randall L. Root President

DALLAS–(BUSINESS WIRE)– Westwood Holdings Group, Inc. (NYSE: WHG) announced the appointment of Randall L. Root as President, Westwood Trust – Dallas. Randy previously served as Senior Vice President, Trust Investment Officer and has been a member of the Westwood Trust team for twenty years serving the investment needs of affluent individuals and families, local and national charitable endowments and foundations and corporate retirement plans.

Randy Root, President, Westwood Trust – Dallas (Photo: Business Wire)

Brian Casey, Westwood’s Chief Executive Officer, said, “Randy has been an indispensable member of the Westwood team for two decades. As President, he will lead Westwood Trust in its next phase of growth and ensure that our clients continue to receive the attentive service and customized investment solutions upon which we have built our reputation.”

Randy serves on the Advisory Council of the Dallas Foundation and is involved in numerous community service activities including Equest, Habitat for Humanity and The Stewpot. Randy was awarded an MBA from Southern Methodist University and a BS from Washington & Lee University.

About Westwood

Westwood Trust provides trust and custodial services and participation in self-sponsored common trust funds, including the Enhanced BalancedTM asset allocation strategy, to institutions and high net worth individuals and families.

Westwood Holdings Group, Inc., Westwood Trust‘s parent company, provides investment management services to institutional investors, private wealth clients and financial intermediaries. Westwood manages a variety of investment strategies including U.S., Global and Emerging Markets equities as well as income-oriented portfolios. Access to these strategies is available through separate accounts, commingled funds and the Westwood FundsTM family of mutual funds. Westwood has significant, broad-based employee ownership and trades on the New York Stock Exchange under the symbol “WHG.” Based in Dallas, Westwood also maintains offices in Omaha and Toronto.

For more information on Westwood, please visit our website at www.westwoodgroup.com.

For more information on the Westwood FundsTM, please visit www.westwoodfunds.com.


Westwood Trust
Randy Root, …read more

Source: FULL ARTICLE at DailyFinance

Wheeler Real Estate Investment Trust, Inc. Appoints Carl B. McGowan, Jr., PhD, CFA, to Its Board of

By Business Wirevia The Motley Fool

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Wheeler Real Estate Investment Trust, Inc. Appoints Carl B. McGowan, Jr., PhD, CFA, to Its Board of Directors

VIRGINIA BEACH, Va.–(BUSINESS WIRE)– Wheeler Real Estate Investment Trust, Inc. (Nasdaq: WHLR) (“Wheeler” or the “Company”), a company specializing in owning, acquiring, financing, developing, renovating, leasing and managing income producing assets, such as community centers, neighborhood centers, strip centers and free-standing retail properties, today announced that it has appointed Carl B. McGowan, Jr., PhD, CFA, as a member of the Company’s Board of Directors and the Audit Committee of the Board of Directors. Dr. McGowan will also serve as the Chairman of its Audit Committee. Dr. McGowan, who brings over 30 years of extensive financial experience to the Board, will replace John McAuliffe, who resigned his position with the Company to pursue other business interests. Wheeler’s Board will remain at seven members with five of those members being independent.

Dr. McGowan is presently the Faculty Distinguished Professor of Finance at Norfolk State University. Dr. McGowan has a BA in International Relations (Syracuse), an MBA in Finance (Eastern Michigan), and a PhD in Business Administration (Michigan State).

Dr. McGowan has conducted extensive research is in the areas of corporate finance and international finance, with specific studies relating to real estate operations. In addition to over 150 conference presentations, Dr. McGowan has published 68 articles in numerous peer-reviewed journals including: The Journal of Real Estate Research, The American Journal of Business Education, Applied Financial Economics, Decision Science, Financial Practice and Education, The Financial Review, International Business and Economics Research Journal, The International Review of Financial Analysis, The Journal of Applied Business Research, The Journal of Business Case Studies, The Journal of Diversity Management, Managerial Finance, Managing Global Transitions, The Southwestern Economic Review, and Urban Studies.

Jon S. Wheeler, Chairman and CEO, stated, “We are very pleased to welcome Dr. McGowan to the Board. His diverse experience and well-known authority in finance and economics will be valuable as we pursue the continued growth of the Company. His experience and research in real estate finance will add to the depth and breadth of the Board, and we look forward to his leadership as head of our Audit Committee and benefitting from his counsel.”

About Wheeler Real Estate Investment Trust Inc.

…read more

Source: FULL ARTICLE at DailyFinance

COO is the Logical Next Step for the CIO says Duane Anderson – Beyond CIO Series

By Peter High, Contributor

After getting an MBA, spending time as a consultant for a major consultancy, and serving under multiple legendary CIOs in various corporate positions, Duane Anderson joined Marquette Group/USMotivation in June of 2009. Marquette Group is a directional marketing agency that connects qualified, local customers to national brands by designing integrated media strategies. USMotivation is an incentive management company focusing on incentive strategies and awards, group travel and meetings, creative communications, and analytics.  When Anderson joined this combined entity, it was his first role as CIO, but the moves that he made were as sophisticated as a seasoned veteran.  He was ahead of the curve on cloud computing and virtualization, moving the vast majority of the companies’ infrastructure into the cloud, rendering what had long been a fixed cost into a much more variabilized cost structure.  He also wove IT’s activities and projects more explicitly into the strategies of the rest of the organization.  Lastly, he became much more end-customer-centric, spending time on customer calls, while also ingratiating himself to the field employees. …read more

Source: FULL ARTICLE at Forbes Latest