Big data will require a new group of people to take on this role. Perhaps they will be called “algorithmists.” They could take two forms—independent entities to monitor firms from outside, and employees or departments to monitor them from within—just as companies have in-house accountants as well as outside auditors who review their finances.
Alright, we were all subjected to the extremely disappointing RIM (then turned into Blackberry) announcement of the Z10 and the other model, which even they know was garbage when they released it. The statement that comes up on 99% of Blackberry10 reviews is “too little, too late”.
Well, 99% is not wrong, as they rarely are (except in the case of FGCU over Georgetown)
So the question must be posed, what does Blackberry do from a corporate and strategic standpoint in order to gain some sort of relevance??
(BBRY 1-Year Chart w/ SMA upper inidcators)
I have laid down 2 options that I believe are the only ways that Blackberry can stay “afloat” in the ever-changing realm of the domestic tech sector.
1.) Specialize and focus on a niche market, hoping that this will provide enough stability for the company, from a financial and stock aspect, to stay in the arena for future technological innovative ventures.
2.) Cut losses and team up with another company in a joint venture to seek its previously acquired market share back from Apple and some Android providers.
While I could get into depth about these options, I am going to defer from doing so, because Blackberry is way too proud (to the point of arrogance) to accept their role in the tech sector, and understand that they have not effectively re-branded until it is too late. I am not saying they can’t survive, but I am saying that unless there is an internal and introspective rebranding on the part of their executives, they WILL seize to operate.
“Dont Cry For Money, Because It Doesnt Cry Back”
In a financial world that changes frequently, the long-term holding of stock (or lack thereof) is certainly an issue that should be addressed. Given that we, as a society are driven so heavily by headlines, especially for markets that which have become a daily uncertainty on a global scale, it is important to address the issue of unethical trading, or rather, how to make trading more ethical.
One idea that I read over my morning tea in the Wall Street Journal indicated the possibility of making stock purchasing to be more “long-term incentive oriented”. In other words, the longer you hold onto a given stock, the larger the dividends are that you receive on an incremental basis. According to the aforementioned article, the average amount of time a stock is held onto by an investor is roughly 15 months, or 5 Financial Quarters.
The frequent adding and dropping of stocks provides companies with an often unexpected, frequent change in the stock’s volatility within its sector, and in the market as an entirety. While this trading is not necessarily unethical by nature, it does affect stock prices, which is a direct catalyst to its volatility futures if earnings are not met in partial attribution to this.
Just some monday morning thoughts for you all, I’ll be back later today, have a great and safe week everyone!
At the just ended Samsung Africa Forum 2013 in Cape Town, South Africa, Samsung Africa launched its Solar Powered Health Centre model, marking the start of a large-scale medical initiative on the continent.
The mobile centres are built for use in remote rural areas, and intended to eliminate the economic and geographic barriers that prevent people across Africa from obtaining quality medical treatment.
The Solar Powered Health Centre is designed to reach as many people as possible, as regularly as possible. Mounted on a truck and manned by qualified medical professionals, the centres will move from one area to the next, providing a range of eye, ear, blood and dental medical services to the public.
Also on show at the Samsung forum, was a solar-powered internet school – a 12-metre container that can accommodate at least 21 pupils, each with a laptop, and has 24 solar panels providing nine hours of power a day. Fully charged, the batteries last three to five days.
Since their launch in 2011, the $100,000 schools have begun operating in Angola, Botswana, Ivory Coast, Lesotho, Nigeria, Rwanda and South Africa, helping an estimated 7,000 children.
Nearby was a solar power generator that can be connected to conventional classrooms. Samsung says that, on average, less than 25% of rural areas in Africa have access to electricity.
But as Africa has changed, United States engagement with the continent has remained relatively static and largely unimaginative.
United States engagement with the continent is largely from the perspective of the multiplicity of the continent’s problems rather than the opportunities it offers to its people and the international community.
However, other countries such as China, India, Russia, Brazil, Turkey and Iran, among many others, have accelerated their engagement with Africa with a view to seizing the opportunities by the new Africa.
With the entry of these countries, the United States is increasingly becoming a marginal player in the continent. Yet, there is increasing realization that it is an extremely costly mistake for U.S. policy towards Africa not to take into account current realities of the emerging continent.
One example is Senate Bill S. 2215 (112th), Increasing American Jobs Through Accelerated Exports to Africa, that identifies ways to leverage the potential that Africa presents as a market for American goods.
On March 7, 2013, Senator Chris Coons, chair of the Senate Foreign Relations Subcommittee of African Affairs, released a new report, Embracing Africa’s Economic Potential, that seeks to deepen U.S. commercial engagement in Africa.
The report points to the many changes that have taken place in Africa and its positive drivers of economic growth. The report provides creative approaches to improve U.S.-Africa commercial engagement for the benefit of both the U.S. and African countries.
The report provides a credible strategy for the United States to make already existing commercial engagement more effective and, in particular, to make the Africa Growth and Opportunity Act (AGOA) work better in promoting African exports to United States.
Senator Coons himself also calls for the strengthening and the re-authorization of AGOA. However, the report goes beyond a focus on benefits that accrue to Africa, and calls for strategies to support American firms invest and do business in Africa and also to better exploit the contribution of the African diaspora in the United States.
The report suggests that deeper and better structured engagement with Africa will provide investments for American businesses and contribute to job creation at home.
So the biggest stories of the week are the American Budget, the Papal Conclave, and of course the UEFA Champions League. While the last one may be a bit of a personal “big story”, the other two I assure you are a bit more universally accepted as a big topic. Since I have touched on the Pope earlier in this blog, I feel as though its important to discuss the ongoing budget arguments in America, as I am both a businessman and a (proud) American.
The problem with our country is not our resources, our diplomatic relations or even the fact that we have a McDonalds on every other street corner. In fact, out of all of those I am pretty sure that McDonalds would be the biggest issue out of all of those (Shoutout to Michelle Obama)
The issue in our country is that our political leaders (on both sides) act like children arguing to be the “line leader” in Kindergarten.
Simple As That.
While politics has always been a “he said, she said” issue through history, you would like to assume that with such advances in our society across every industry fathomable, that our political leaders would be able to…i dont know….LEAD?
Instead of leading, this is a battle of becoming the cool kid in class, getting as much support ($$$) as possible to help your ulterior political agendas. While it may be easier to pick on the Republicans right now, due to that joke of a budget request put forth by almost VP Ryan, I refuse to side with the left and come across as biased in the slightest.
We have implored our political leaders to get it together on Capitol Hill, however, no matter what we seem to do or say, the people we have elected to represent us, are not representing us, but rather are representing the American political tradition of making everything 50x harder than it needs to be, and for that world, I apologize.
Get it together Washington.
Hope you all have a great day,
The Dow hit at an all-time high - so who’s benefiting?
Amid all of the excitement about the Dow’s record-setting numbers yesterday, there’s a lingering question: If the Dow’s doing so well, why aren’t most Americans?
L.A. Times columnist Michael Hilzik tackled that question today. He points to the divergence of corporate earnings and workers’ wages as an indication of the strong disconnect between stock market success and the wealth of average Americans.
From 1950 through the 1970s, corporate profits hovered in the range of 5% to 7% of GDP. They dipped as low as 3% in 1986, but since then have staged a long-term ascent that has brought them to 11% today, their highest level since World War II.
The average worker’s share of those profits, in the meantime, peaked at 53% of GDP in 1970, and have been on the decline ever since, hitting 44% last year.
And then there’s this finding:
From 1993 through 2010, according to UC Berkeley economist Emmanuel Saez, the top 1% of income earners captured 52% of all real income growth.
Read more on the gap between Wall Street earnings and your own pocketbook here.
Photo: Richard Drew / Associated Press
As the vast majority of young people seeking proper employment (21-28) are on Social Media, as a society we have told our people in this age bracket the dangers of being on social media. However, in certain fields, such as Marketing, I believe that a person’s personal influence online should be put into consideration when evaluating the person as a candidate for employment.
A person’s social influence is a tangible aspect of their life now thanks to services such as Klout, which measures a given account’s social media influence and reach and then delivers a rating on a scale from 1-99 on how influential you are online. In Marketing, especially online (digital media ) marketing , the entire point is to be able to communicate a given message through media in a fashion that best reaches a given audience, which is often pre-defined when entering a job.
My personal Klout score is 44, which is relatively decent, however I may lose out on a job to someone with a score of 18 or 19 for a job that’s success is based around INFLUENCING and COMMUNICATING. While i realize there are many different variables that are taken into account in the pre-hire process (as their should be), I am simply suggesting we add something onto the list, thats all.
Yours in Business,