Throwing rocks at the Google bus

first_img“Plants grow, people grow, even whole forests, jungles and coral reefs grow – but eventually they stop. This doesn’t mean they’re dead. They’ve simply reached a level of maturity where health is no longer about getting bigger but about sustaining vitality. There may be a turnover of cells, organisms, and even entire species. But the whole system learns to maintain itself over time, without the obligation to grow. Companies deserve to work this way as well.”That is an excerpt from his book, Throwing Rocks at the Google Bus: How Growth Became the Enemy of Prosperity by Douglas Rushkoff.  The title of his book refers to a protest in San Francisco against the “Google Machine” and became a symbol of what is wrong with Silicon Valley – a complete obsession with growth and profit. When it debuted on the stock market, Google became Wall Street’s darling. Its market capitalization increased by $27.2 billion – giving it a market cap bigger than Ford and GM on the first day of trading. But, that’s about as big as you can get, so now what? Shareholders want more – they demand constant growth and return on their investment, which is impossible. Google was pretty much forced into becoming Alphabet, Inc. in 2015, a conglomerate. Google had no room to grow. They are no longer a technology company. Now they buy and sell other companies.There is an obsession with growth in America. As if it’s the only sure path to success. Credit unions are continuing to merge in record numbers for the sake of growth. But to what end?This is from a white paper published in 2008 that predicted the mega mergers to come: Credit unions are selecting mergers as a survival and growth strategy rather than relying on the often too slow growth capabilities fueled only by retained earnings. Merging credit unions can often grow exponentially. The best strategic reasons to merge are well known: Asset and member acquisition Stronger branch and infrastructure systems Product and services portfolio growth Creation of proactive market share strategies All of the above elements are needed due to the relentless competition from larger, well-capitalized financial institutions. I don’t know about you but when I read this it sounds absurd. And I know that CUSO power user Linda Bodie, Chief + Innovator of $32 million Element Credit Union would agree. She uses seven different CUSOs to get that bullet list (above). And as she said in an interview with us “I can offer a lot more products, services and solutions even though I’m small. There’s no reason to sit back and not do something because of your size. Size doesn’t matter…not when you have the power of a cooperative system.”Rushkoff goes on to say “What you want to do is optimize the economy for the velocity of money for transactions rather than optimizing it for the extraction from the system and its cold storage in share price. We need to lead by example. Winco is an employee owned cooperative. They are a major competitor to the behemoth Walmart. Every market where they compete head to head Winco is winning and Walmart is losing. Winco has better employees, they are owners and they care.  Winco does not extract value from their communities, they contribute to it. If you don’t put your employees on welfare, towns do better, and you have better circulation of money. As companies collapse we’ll start to see a shift. As people who have no way of finding jobs begin to develop local businesses and work together we will see it change.”Shameless plug: Thanks to the generous support of PSCU we are excited to have Douglas Rushkoff speak at the 2019 NACUSO Network Conference in San Diego, April 14th – 17th. He will be speaking on Team Human, the title of his latest book. Guy Messick has created a new session called “Solving Problems With CUSOs” which hopes to bring those leaders with a cooperative heart and a shrewd business mind together with credit union leaders looking for solutions to their challenges, to collaboratively help solve the problems that exist and walk away with opportunities for continued organic, healthy growth. 2SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Denise Wymore Denise started her credit union career over 30 years ago as a Teller for Pacific NW Federal Credit Union in Portland, Oregon. She moved up and around the org. chart … Web: www.nacuso.org Detailslast_img read more

No new meningococcemia case in Antique – IPHO

first_imgThe Integrated Provincial Health Office (IPHO) says no new case of meningococcemia has so far been reported after the death of a three-year-old boy suspected to have acquired the disease while on vacation in Barangay Buhang, Hamtic, Antique. ABS-CBN NEWS The boy, who was on vacation with hismother in Barangay Buhang, Hamtic town, was rushed to the Angel SalazarMemorial General Hospital here on Jan. 13 due to fever, convulsion andvomiting.  SAN JOSE, Antique – The IntegratedProvincial Health Office (IPHO) here said no new case of meningococcemia has sofar been reported after the death of a three-year-old boy suspected to haveacquired the disease.  “Aside from our surveillance, we alsourged people in the barangay or those who had contact with the boy to reportimmediately to the health team if they developed fever or any signs andsymptoms of meningococcemia and so far, there had been none,” he added. He added they have yet to confirm thecause of the boy’s death based on the results of the blood sample submitted forlaboratory examination to the Research Institute for Tropical Medicine.     IPHO chief Dr. Ric Noel Naciongayo onMonday said their medical team is visiting daily the village where the boy wentfor a vacation to check for possible signs of the disease on the people who hadcontact with the victim. None of them had been reported to show signs of thedisease.    The IPHO team administered prophylaxisRifampicin and Ciprofloxacin to around 70 villagers and to those who hadcontact with the boy including the medical team. “Even if there is no more suspectedmeningococcemia case, the IPHO will continue its surveillance to ensure that nosimilar disease will occur,” Naciongayo said. He passed away on the same day and hisbody was immediately buried at the Egaña Municipal Cemetery in Sibalom townupon the advice of the medical team to ensure no one would be exposed to thedisease.(With a report from PNA/PN)last_img read more

Germany’s Sebastian Vettel to leave Ferrari at end of season

first_imgLONDON: Germany’s Sebastian Vettel’s future in Formula 1 beyond 2020 has been thrown into doubt after it was announced on Tuesday that he will leave Ferrari at the end of the season.”Scuderia Ferrari Mission Winnow and Sebastian Vettel have jointly decided not to extend the current contract covering Sebastian’s services as a driver with the team, beyond its current expiry date of the end of the 2020 Formula 1 season,” Ferrari said in a statement. Vettel had last month said he expected to sign a new contract with the team before racing resumes later this year amid the coronavirus pandemic, but talks appear to have stalled in the meantime. “My relationship with Scuderia Ferrari will finish at the end of 2020,” said Vettel. “In order to get the best possible results in this sport, it’s vital for all parties to work in perfect harmony.” “The team and I have realised that there is no longer a common desire to stay together beyond the end of this season. Financial matters have played no part in this joint decision. That’s not the way I think when it comes to making certain choices and it never will be. “What’s been happening in these past few months has led many of us to reflect on what are our real priorities in life. One needs to use one’s imagination and to adopt a new approach to a situation that has changed. I myself will take the time I need to reflect on what really matters when it comes to my future,” he added. Vettel has won 14 races for Ferrari but failed to add to the four titles he won with Red Bull between 2010 and 2013. He had initially joined Ferrari with the aim of emulating his childhood hero, Michael Schumacher, who won five titles in red in the early 2000s. IANSlast_img read more

Without Kobe Bryant, Lakers lose to Trail Blazers

first_img“I thought it was my time to shine. This is me to do it,” Young said. “I already hit one game winner. I needed to hit another one.” Portland guard Damian Lillard then blew by Ed Davis and Jordan Hill for an open layup that gave the Trail Blazers (26-8) a 95-92 cushion with 18.9 seconds left. It didn’t help that Lillard also posted 39 points on 12-of-21 shooting. Lakers guard Jeremy Lin then air-balled a 25-foot 3-pointer with 12.5 seconds left, a head-scratching sequence considering the Lakers had plenty of time to run a final play. Lin conceded he could have waited an extra second so he had more balance. “I thought he had a decent look at it,” Lakers coach Byron Scott said of Lin’s attempt. “Unfortunately, it was an airball.”The Lakers (11-24) still had a chance after Portland made three of four foul shots and Lin made an open layup. But with the Lakers trailing 98-94 with 6.4 seconds left, Young missed a 27-foot jumper before time expired. That capped a four-minute stretch during which the Lakers missed seven consecutive jumpers, including Carlos Boozer’s 19-foot airball as L.A. trailed 91-87 with 1:35 left. “When you think of guys that hit game-winners, you think of Kobe, you think of (Michael) Jordan,” Lin said. “We’re always going to miss him. But that doesn’t mean we in this locker room don’t feel if we had those shots again, we wouldn’t be able to able to hit them.”The Lakers rested Bryant as part of their recent quest to conserve the team’s 36-year-old star. He will return on Wednesday in a designated home game against the Clippers at Staples Center. But the Lakers may have to wait longer for their other players.The result of Johnson’s MRI on a right hip flexor wasn’t immediately known. But Scott said Johnson could return as “early as the end of this week or early next week.”In what marked only his third game since nursing a torn right hamstring that sidelined him for six weeks, Ryan Kelly started at small forward and posted a quiet two points on 1-of-6 shooting in 25 minutes. Meanwhile, the Lakers also lost starting point guard Price after he needed 11 stitches to treat a cut along his nose after drawing a charge on Portland’s Thomas Robinson with 20 seconds left in the third quarter. After posting 11 points on 5-of-11 shooting in 27 minutes, Price did not return for the rest of the game. “A little pain and a little headache,” said Price, who was adamant he would not wear a mask like teammate Ed Davis. “By the looks of things, I’m pretty sure it’s broken. I’m not sure. We’ll find that out tomorrow.”The Lakers tried to make up for those absences elsewhere. Jordan Hill posted a team-leading 23 points on 10-of-15 shooting. Wayne Ellington started in place of Bryant and scored 13 points on a 5-of-12 clip. It was enough for the Lakers to lead as many as 10 points. But eventually, Portland’s firepower, led by Lillard and LaMarcus Aldridge (21 points), became too much to overcome. PORTLAND, Ore. >> No matter how hard they tried, reality eventually caught up to the Lakers.They needed Kobe Bryant’s scoring heroics and emerging facilitating presence. They lacked Wesley Johnson’s defensive talents. They even missed Ronnie Price’s toughness. All of which contributed to the Lakers falling short in a 98-94 loss to the Portland Trail Blazers on Monday at Moda Center. Lakers forward Nick Young grew up idolizing Bryant. But Young could not imitate his scoring outbursts and late-game heroics. His 11 points on 3-of-13 shooting entailed missing a 20-foot jumper on the left elbow when the Lakers trailed 93-92 with 23 seconds left. center_img Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more

Donegal businesses urged to help support cancer patients this Daffodil Day

first_imgDonegal businesses have been urged to support cancer patients and their families by getting behind the Irish Cancer Society’s Daffodil Day on Friday, March 22. The call comes to ensure as many patients as possible receive the help and support they need this year and to meet ever increasing demands for services such as counselling.Former RTE newsreader Aengus MacGrianna, who lost his mother to cancer aged 11, is calling on businesses in Donegal to help the Irish Cancer Society. “Losing mum to cancer was heart-breaking, especially as she was so young and we were still growing up. It was an extremely tough time.“The Irish Cancer Society’s free counselling sessions for families affected by cancer didn’t exist when I was younger. This support, which is only available because of Daffodil Day donations, could be a lifeline for someone struggling with the impact of a diagnosis.“Get your workplace involved on March 22 to ensure families like ours can receive free services and get the help they need to cope with a cancer diagnosis.”Last year, with the help of Daffodil Day donations, 318 counselling sessions were provided to people from Donegal to help them deal with a cancer diagnosis. This represents an 18% increase in the number of sessions provided in 2016. With cancer incidence on the rise, the Society expects even more people to seek counselling in 2019, a demand that can only be met if enough funds are raised on Daffodil Day.Chief Executive of the Irish Cancer Society Averil Power said, “Because more people are getting cancer each year, not everyone is getting the care and support they need. We must do more to ensure we can support every cancer patient.“With the help of local companies and supporters on Daffodil Day, cancer patients and their families can receive free counselling sessions across the country through our affiliated cancer support centres.“To help deliver more care and support locally, and meet increasing demands, we are asking more companies to get involved in Daffodil Day this year.”Donegal businesses urged to help support cancer patients this Daffodil Day was last modified: March 10th, 2019 by Shaun KeenanShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:Businesscancer caredaffodil dayDonegal healthlast_img read more

Hiddink takes heart from ‘important’ away goal

first_imgGuus Hiddink took heart from John Mikel Obi’s potentially vital away goal in Chelsea’s first defeat since the Dutchman returned as boss.The Blues were beaten 2-1 by Paris St-Germain in the first leg of the Champions League last-16 tie, but they have every reason to feel confident ahead of next month’s second leg at Stamford Bridge.“The result is negative but on the other hand an away goal is important,” Hiddink told BT Sport.“It hurt a bit because the team was playing decently against a team with the capacity to play. But we are still in the race.Chelsea had to defend for much of the game in Paris“Over two legs, it is important you have the away goal. If we can do it at Stamford Bridge then a defeat doesn’t count so much.“We were not lethal enough at times but otherwise we can be relatively happy.”Meanwhile, Chelsea defender Gary Cahill insisted they could feel upbeat about their chances of reaching the last eight.More reaction from Paris to follow later.Follow West London Sport on TwitterFind us on Facebooklast_img read more

Invitation to participate in a Brand South Africa Research Reference Group

first_imgCalling all youthTheme: Active Citizenship, Innovation and Improved Nation Brand Competitiveness: How can youth make the NDP a reality?Date: 16 August 2014Time: 9:00-14:00Venue: Brand South Africa, 103 Central Street, Houghton EstateFacilitated by: Dr Petrus de Kock (Brand SA)Brand South Africa, in partnership with Plastics SA, invites you to a Research Reference Group which will focus on how Youth can play their part in implementing the National Development Plan.This session will shape the discussion and the approach to be taken as part of the agenda devoted to Youth at the 2014 Annual South African Competitiveness Forum (4-5 November 2014). The session recognises the invaluable contribution young people can make to South Africa’s growth and development.Participants will receive a detailed Background Discussion Document with key points and references to the NDP ahead of the discussion upon receipt of your RSVP.Brand South Africa & Plastics SA look forward to hosting you and facilitating your participation in this critical conversationClick here to view the programmeYes, I will be attendingNo, I will not be attending{loadposition press_release}last_img read more

Financial Tips for Creative Professionals

first_imgIn this post we share a few guiding thoughts for creatives on how to grow your business by being smarter with your money.Financial intelligence is crucial to all aspects of ‘making it in life’ but it is not something you’re born with.  Thankfully it is something you can learn. Knowing how to be smart with your money can provide financial security, setting you on a path to success and happiness.Creatives are notoriously bad at handling their money, but with a little discipline and forethought, anyone can be smarter with their hard earned cash.  In this post, we’ve outlined a few financial strategies specifically geared toward creative professionals.Photo from Flickr.Grow Your AssetsIn his book Rich Dad, Poor Dad Robert T. Kiyosaki spells out all the things he thinks rich people teach their kids to help them stay rich. I’m in two minds about some of the contents of the book but there is one really helpful salient point that it worth learning:Buy assets not liabilities.The basic difference that Kiyosaki suggests exists between the poor/middle classes and The Rich, is that The Rich buy things that make them more money, while the middle classes just buy more stuff – a new car, house, sofa etc. So the idea is that you should spend your money in things that will make you more money and then keep going round in that virtuous circle until you can buy that new car, house, sofa with some of the profits from your investments.  Buy assets (things that will put money in your pocket) and not liabilities (things that will take money out of your pocket).So what are assets for a creative?Investing in further training, new software or equipment can be real assets, but only if you know they will pay their way. The danger for imaginative creatives with a lust for the latest technology is that they can buy things (in a ‘middle class’ way) that they think they need but in reality they just really want. So if you never get around to watching the training or using the new expensive equipment on paying gigs, they are in fact just liabilities.The best way to avoid this pitfall is to find a customer first. Find someone (or hopefully several people) who are willing to pay you for knowing a new piece of software or using a specific piece of technology, then make the investment that you know will give you a good return.Other assets for creatives are the same as they are for anyone else – put your money into anything that will grow over time –  property, enterprises and people.Be OrganizedPhoto from SquidooAnother really important thing to learn is to be organized with your money. If you’re a creative freelancer you’ll be getting paid gross. This (as you well know) means you’re responsible for paying your own taxes. You can save yourself a lot of headaches by being organized with your money and the moment you get paid, setting aside the percentage you’ll need to cover your taxes.It’s vital that you move this into a physically separate bank account from the one you live out of. If you leave it in there it will just get spent. This way you’ll always have the money you need to pay your taxes in full and on time. Plus once the sums are all done, you could end up with some left over, to invest back in new assets. As a freelancer in the UK I put aside 30% of my gross pay to make sure I can cover my taxes come year end.  This is just a suggestion and your accountant should be able to advise you on what you need to set aside.Some people recommend a 70/10/10/10 philosophy of money management. Save 10 percent of your take home pay, invest 10 percent, give 10 percent and then live on the rest. Personally I think this makes a lot of sense. What would that look like in your life?Check out this article for a real world example of the 70/10/10/10 model in action.Be ThriftyWhen you talk to most people about budgets, especially ones that are about their day to day expenses and not how much they’re about to get out of the production pie, their eyes tend to glaze over and their mind shuts down.People think budgets are boring…and they are.They are not supposed to be exciting, they are just a means to an end. The end is what is supposed to be exciting and that end might be a new house, holiday or a sofa (you are allowed to buy them and be part of The Rich – but only with your profits!). So don’t think about how you’re budgeting, think about the exciting end that your budget is taking you to. Without a budget you’re basically flying blind, so you must have one. Luckily there’s only one rule to budgeting which is:Spend less than you make.If you’re not earning much, then you need to get creative with spending less, finding ways to make what you do have go further and of course, making more money. The first step is to find out what you’re spending and where its going, so you can make some wise choices about how best to budget your finances.Another important aspect of being thrifty is to simply make do with less or to buy second hand if you can. You’ll obviously save a lot of money although you won’t have access to manufacturers warranties or support. If you are buying something expensive always ask if you can pay in instalments to help spread the cost over time.  With any business: cash flow is king.Do some quick calculations to see how many projects you’d have to land  by adding on an equipment charge, to pay off an item.  Then calculate what kind of profit you could make from that piece of equipment within its working lifetime. These figures should help guide your thinking as to whether your current customer base can support that purchase.Are you a creative professional that has ‘budgeting’ down pat? We want to hear your financial advice!Share your thoughts and suggestions in the comments below!last_img read more

Video: Don’t Compete on Price

first_imgIf price isn’t your business model, if it’s not your value proposition, then you’re not competing on price. If you have trouble with price it means you have to sharpen your value creation, not your pencil. Get the Free eBook! Learn how to sell without a sales manager. Download my free eBook! You need to make sales. You need help now. We’ve got you covered. This eBook will help you Seize Your Sales Destiny, with or without a manager. Download Nowlast_img

Ex-Cong. MP Ratna Singh joins BJP

first_imgIn a fresh blow to the Congress in Uttar Pradesh, its former three-time Lok Sabha MP from Pratapgarh Ratna Singh joined the BJP on Tuesday. This came at a time when bypolls are to be held for a dozen Assembly seats in the State, including Pratapgarh Sadar. Inducted by AdityanathA feudal scioness, Ms. Singh, also referred to as ‘Rajkumari’ Ratna Singh was inducted into the BJP by Chief Minister Yogi Adityanath at an election rally in Pratapgarh, where he was campaigning for the candidate of the Apna Dal (Sonelal), a BJP ally. Ms. Singh won the Pratapgarh Lok Sabha seat in 1996, 1999 and 2009. However, since then she has fared poorly.last_img read more

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