Money Saving Websites

Airbnb

Airbnb is a website for people to rent out a room, apartment, house, or even a castle to travelers. The site has become a popular way for travelers to meet locals and find cheap accomodations.


Coupons.com

Coupons.com is a website for finding deals on all sorts of products. The site is designed as an alternative to newspaper coupons, giving consumers more choice to select the coupons they want. The company also owns mobile app GroceryIQ for mobile coupons. The company recently raised $200 million in new venture funding.


Gazelle

Gazelle.com is a website for people to sell their used electronics. Want to upgrade to the new iPhone or Android device? Gazelle will give you a price for your device and pay you when they receive it in the mail.


Getaround
Getaround is a peer-to-peer car-sharing company. The start-up enables people to borrow or rent out cars. For car owners it’s a way to make some extra cash. And for those who don’t have a car it’s a way to get low-cost access to a car. Cars can be accessed through the iPhone app. The service is insured by Berkshire Hathaway.


RelayRides
RelayRides is another peer-to-peer car-sharing company. People who join get a key card that can be used to access a borrowed car. For car owners, the service generates an average of $250 per month renting out a car. The company, which is backed by Google Ventures among others, is operating currently in San Francisco and Boston.


Home Exchange
Home Exchange is a popular website for people to rent out their home and find a place to stay while traveling.


Glyde
Glyde.com is a site for buying and selling media such as games, DVDs, or even iPads. You can search for an item, find the price and buy it. Once it arrives you have 48 hours to decide if you are satisfied with it. If you aren’t satisfied, you don’t have to pay.


Parkatmyhouse
Parkatmyhouse is a peer-to-peer parking space website. People can rent out a private parking space or garage. Drivers can find cheap parking spaces. Like Airbnb, except for parking spaces.


Thredup
Thredup is for parents to get hand-me-downs that their kids actually want. Trade in a box of your kids’ clothes for a box from another family. Pick the box of clothes that you like the best. Pay $5 plus shipping.


HomeAway
Find a vacation rental with HomeAway.com. The site has about 260,000 rentals to choose from. Sign a rental agreement, pay a deposit, and take off. The company recently had its IPO and now trades on the Nasdaq.


Groupon
Groupon is the popular group deals website. Launched in November 2008, Groupon filed for an IPO in June.


Twitter
Sign up for Twitter and follow sites like Amazon.com and Virgin America, which post special deals on Twitter.


Woot!
Electronics website Woot offers one special deal per day. It also sells various different electronics products. The site was acquired by Amazon.com in 2010.


Facebook
Some deals are available only on Facebook. If you “like” certain companies you will get access to special deals posted on Facebook.

@1 year ago
#Forbes 
1. The Rip A man’s shopping spree often starts with some awful moment of clarity. A hole in their last pair of underwear from high school. Or, a pretty girl in line at the airport loses interest when she sees toes protruding from an old sock.

2. The Sale A sale on pants won’t get flocks of men rioting in the aisles of Macy’s. Brands waste millions promoting thin, effeminate men strutting down runways. They’d do better reminding them that fresh underwear, sexy socks, and stain-free shirts could lead to job promotions.

3. The Find When they finally go to the store, men want maximum efficiency – everything in their size, in stock, on one shelf. When they arrive at Sears or Bloomingdale’s  they’re faced with inevitable disappointment. They must navigate a labyrinth, forced to make hundreds of decisions about something they only marginally care about. Even then, there’s always the risk they’ll leave with ill-fitting, career-killing outfits.

4. The wear This is that long journey of deterioration that slowly inches men towards the next rip. During this time, men pick favorites and bury uncomfortable clothes in the darkest corners of their closet.

1. The Rip A man’s shopping spree often starts with some awful moment of clarity. A hole in their last pair of underwear from high school. Or, a pretty girl in line at the airport loses interest when she sees toes protruding from an old sock.

2. The Sale A sale on pants won’t get flocks of men rioting in the aisles of Macy’s. Brands waste millions promoting thin, effeminate men strutting down runways. They’d do better reminding them that fresh underwear, sexy socks, and stain-free shirts could lead to job promotions.

3. The Find When they finally go to the store, men want maximum efficiency – everything in their size, in stock, on one shelf. When they arrive at Sears or Bloomingdale’s they’re faced with inevitable disappointment. They must navigate a labyrinth, forced to make hundreds of decisions about something they only marginally care about. Even then, there’s always the risk they’ll leave with ill-fitting, career-killing outfits.

4. The wear This is that long journey of deterioration that slowly inches men towards the next rip. During this time, men pick favorites and bury uncomfortable clothes in the darkest corners of their closet.

(Source: forbes.com)

@1 year ago
#Forbes #Steve Faktor 

Meet The New Subprime: It Will Cost Us Billions

'Rich Neighborhoods Riddled With Foreclosures'.


When will our government come to realize that not everyone in this country can own a home? Not an issue of cruelty or insensitivity or lack of dream for Utopia, but a simple matter of economics. Not everyone has 20% or even 10% to make a bona fide down payment and have the subsequent income to comfortably service the debt. Apparently the continuing pain of the subprime crisis has taught our feckless politicians nothing. While sub-prime has morphed into a naughty word, a near clone has stealthily infiltrated the mortgage markets, choking the breath out of many unfortunates ensnared by its enervating tentacles. Meet the Federal Housing Administration or FHA. It found life under Roosevelt in 1934 as part of his alphabet soup answer to extricate America from depression. It started as a benign institution, and like today, insured loans and offered some down payment relief to borrowers.

Why Has FHA Become A Monster Now

Last November the Department of Housing and Urban Development (HUD) under whose purview FHA falls, issued the September 30 fiscal year 2011 annual report. It was a rather damning indictment. Capital which is statutorily set at 2% of assets had fallen to a measly .24% or from $4.7 billion in 2010 to $2.6 billion in year end 2011. It is only a mere $20 billion shy of requirement. This capital is expressed as the MMI or Mutual Mortgage Insurance Fund or the backstop to any defaults on the $1.1 trillion of FHA insured loans outstanding. The auditors estimated $26 billion of losses for loans underwritten through the first quarter of 2009 and another $14.1 billion for “seller funded down payment assistance loans”. Though since curtailed, the seller used to be able to loan the purchaser most or all of the down payment leaving the buyer with little or no “skin in the game.” Then the auditors sang the praises of the 2010 and 2011 books of business will be profitable, and there are new risk guidelines and credit policies in place and all is well and they expect to be in capital compliance by 2015.

A large part of the problem is that to qualify for a mortgage at FHA you need little more than an active “pulse”. Requirements have been repeatedly watered down. The down payment requirements are 3.5% with a credit score of 580. A score below 640 is considered subprime by the Federal Reserve. When you roll in the insurance fee into the loan balance you have a loan to value ratio that starts at over 98%. The paltry down payment may be funded by relatives or employers. It gets more bizarre. Borrowers can claim income from a roommate (to be found at a later date) to help qualify for the loan. Often no cash reserves are required to demonstrate ability handle repair bills and taxes and still meet mortgage obligations. In addition, when you default you just go and apply to the pernicious Home Affordable Modification Program or HAMP which is designed to give our beleaguered mortgagor several more bites at the apple. His or her loan will be modified (interest rate reduced or principal forgiven) and because of new more lenient HAMP rules, when she or he defaults again, the loan can be rejiggered yet one more time. All the income requirements at HAMP have been reduced more than once. HAMP also has one of those goofy phantom roommate clauses.

Fannie Mae Compared

The contrast between FHA and Fannie Mae tells the story. First Fannie Mae issues what are known as conforming or “conventional” loans which have such requirements as 20% money down and cash reserves for repairs as well as infinitely stricter income requirements than FHA. Second, and insidiously, FHA now has a loan limit that is higher than Fannie Mae. Ex Alaska and Hawaii, FHA has loan limits up to $729,750 while conventional mortgages are stuck at $625,000. So in effect there has been a “disintermediation” away from Fannie and into FHA. If you have little cash the lax requirements of FHA is the siren call. This is borne out as FHA has increased threefold in size since 2005. And combined with HAMP a borrower has multiple opportunities to default with impunity, the system encourages irresponsible behavior.

Realizing that perhaps this Ponzi scheme can’t endure indefinitely, FHA has raised their insurance premiums to borrowers twice this year, most recently with Congress giving, with a 402-7 vote, it’s imprimatur on the FHA Fiscal Solvency Act which raised cost of insurance to up to 2.05% annually. The bill announced more hollow risk guidelines and even hired a new risk officer to make sure all roommates are in compliance. HUD Secretary Donovan emerged from his cave and hailed this would ensure the solvency of FHA.

Meanwhile, economists at the Federal Reserve were crunching some numbers of there own. FHA has for years underestimated their losses from claims on defaulted loans. It turns out that every time FHA has a loan default but it gets modified into a new loan, then this loan is a success and hence not counted as a defaulted loan. In fact, this default is a default and not a success and to the extent it has been modified (lower interest or principal) it cost me and you the taxpayer, money. Additionally, it was discovered that 49% of all reworked loans defaulted a second time within twelve months. The bottom line is FHA uses a faulty econometric model that vastly underestimates defaults to forecast losses. The Fed, which used actual FHA loan data from 2007-2009, predicts there will be a 30% default rate on these loans within five years.


Some Mind Blowing Statistics

So on the one side of the aisle sits HUD secretary Donavan pontificating all is well in FHA land, while on the debit side of the ledger the Federal Reserve has produced a significantly less sanguine vision for the future. Skeptic that I am, I tend to believe half of what I see first hand. Ergo, I embarked on a little sleuthing mission to compare the credibility of each stance. Locating the latest 10Q’s (second quarter 2012) for JPM, BAC, and WFC, I combed the nether intestines in search of their FHA loan exposures and what is the current delinquency experience. Sobering understates the resulting data. BAC, far and away the largest FHA lender of the three has a $67.3 billion book of which $18.1 billion or 26.9% is 90 days or more past due. It gets worse. Government guaranteed loans at WFC total $28.43 billion and a whopping 69.3% fall into the 90 day overdue basket. JPM brings up the rear with a comparatively small $15.9 billion but with an incredible 74.8% being derelict by three months or more. When you add up these three lenders you arrive just under $112 billion or 10% of the total $1.1 trillion FHA insured market. Take my word, in aggregate the math and division yields that nearly 45% of all of these FHA insured loans are three payments or more behind. That is $49.5 billion of loans more than three moths past due. The FHA has $2.6 billion in capital. Can we extrapolate to the other 90% of the market? Who knows, but these three banks have operations covering areas in excess of 95% of the population of America.

Bailout

What if there were 20% losses on just that $49.5 billion delinquent. That’s almost $10 billion, and four times the current FHA capital buffer, and that’s just 10% of the market. What if losses are 30% or 40%? Losses on FHA loans can easily expand into the hundreds of billions on the shoulder of the taxpayer. The day of reckoning keeps getting postponed because it’s just not fair to foreclose on borrowers just because they haven’t made a payment in a year. It is a dirty little secret that will be kept in the linen closet until after the election. This debacle can only end up in a bailout scenario. The government has only itself to blame here. The nefarious banks had nothing to do with this one. Everybody is entitled to shelter but not everyone deserves to own a home. FHA is broke, bankrupt, insolvent……dead and it is going to cost us billions.

Stupidity Of It All

Putting people in homes where there is little probability of a successful outcome is negative for all parties. Credit is damaged and ever more difficult to obtain in the future and relocating to find a job becomes more challenging. What causes the most dissonance is the utter moral collapse of our system. Borrowers are able to default three, four times with no real repercussions. The sense of responsibility to pay back a debt incurred is gone. It is part of the politically correct world that is decimating the American culture. I have said this in several of my articles, but these people were never owners, just renters. There was no pride of ownership because the commensurate work to earn the home was never there to start with. My daughter ran for student council with six girls vying for four spots. The votes were tabulated and it was determined that rather than wound self esteem, all six were declared winners. I was repulsed. Far better to have my daughter lose and learn a lesson or win and have the pride to know she earned the position. This is now how our society is being constructed now. At the end of the day the FHA, so far strayed from its mission, is now just another entitlement program and HAMP but a government pustule on this seeming inexorable march to socialism. I am probably just another Cassandra relentlessly forewarning to deaf ears, but I hope not.

(Source: forbes.com)

@1 year ago
#Richard Finger #Forbes #Forbes Business 

The Best Places For Business And Careers In The US

#1 Provo, Utah
Metro Population: 542,700
Projected Annual Job Growth Through 2014: 2.5%

Brigham Young University provides a stabilizing presence to the $16 billion Provo economy. It is the third-largest private college by enrollment in the U.S. BYU is also generating new jobs. During 2010 it ranked third in the number of startups produced through university research—13 in total—behind only nearby University of Utah (18) and MIT (17).


#2 Raleigh, N.C.
Metro Population: 1,169,000
Projected Annual Job Growth: 2.9%

The net migration rate to Raleigh was second high­est in the U.S. over the past 5 years as the area added 116,500 more people than it lost. The population has doubled in the past 2 decades.


#3 Fort Collins, Colo.
Metro Population: 306,200
Projected Annual Job Growth: 2.7%

Fort Collins boasts an educated workforce—46% have college degrees (U.S. average is 28%) and 18% possess graduate degrees. Credit Colorado State University, which is a major presence in the town.


#4 Des Moines, Iowa
Metro Population: 580,700
Projected Annual Job Growth: 2.1%

Des Moines Mayor Frank Cownie recently traveled to China on a trip organized by the U.S. Conference of Mayors. He met with his counterparts regarding Chinese investment in the U.S. and no doubt made a pitch for the many financial services firms in Des Moines.


#5 Denver, Colo.
Metro Population: 2,602,900
Projected Annual Job Growth: 2.6%

Denver is a thriving hub for aerospace, which employs 19,500 people in the private sector—the second-biggest center for the industry in the U.S. Among the 400 employers and suppliers are global giants Lockheed Martin, Boeing, Raytheon and Northrop Grumman.


#6 ogden, Utah
Metro Population: 557,600
Projected Annual Job Growth: 1.9%

Last year Procter & Gamble opened its first U.S. manufacturing plant in more than 3 decades, 30 miles north of Ogden. The $540 million facility will create 1,000 new jobs.


#7 Lincoln, Nebr.
Metro Population: 306,900
Projected Annual Job Growth: 1.9%

Nebraska’s capital has the lowest unemployment rate in the U.S. at 3.5%. Mortgage delinquency rates were third lowest in the country in 2011 at 2.8%, according to Equifax.


#8 Dallas, Tex.
Metro Population: 4,356,500
Projected Annual Job Growth: 3.3%

Gross metro product surged 6.2% last year—second best in the nation—to $254 billion. Dallas/Fort Worth International Airport is undergoing a $2 billion renovation, which began after the city hosted the Super Bowl last year. Four of the 5 terminals will be gutted in a project that will not be completed until 2017.


#9 Austin, Tex.
Metro Population: 1,789,100
Projected Annual Job Growth: 2.9%

Austin’s economy is projected to expand 6.2% annually during the next 3 years, fastest in the U.S. The region has a constant influx of young talent thanks to more than 70 colleges and 360,000 enrolled students within a 200-mile radius.


#10 Nashville, Tenn.
Metro Population: 1,620,600
Projected Annual Job Growth: 2.0%

Business costs in the Music City are 18% below the U.S. average. Large employers include HCA and Nissan.


#11 Omaha, Nebr.
Metro Population: 878,300
Projected Annual Job Growth: 1.8%

Financial services employees make up 9% of the workforce (U.S. average is 6%), with the headquarters of Berkshire Hathaway, TD Ameritrade and Mutual of Omaha all situated in the Gateway to the West.


#12 Oklahoma City, Okla.
Metro Population: 1,278,900
Projected Annual Job Growth: 1.8%

Overall rank jumped 16 spots from last year as the job and economic prospects for the metro improved dramatically. Major employers include AT&T, Chesapeake Energy and Devon Energy.


#13 San Antonio, Tex.
Metro Population: 2,201,400
Projected Annual Job Growth: 2.9%

More than half of trade between Mexico and U.S. flows through San Antonio. The city is bolstering its green cred: local utility CPS Energy is committed to making renewable energy 20% of its total capacity by 2020.


#14 Durham, N.C.
Metro Population: 513,600
Projected Annual Job Growth: 2.0%

Most of Research Triangle Park is situated in Durham. RTP boasts 170 companies and 42,000 workers. It is one of the largest and most prestigious R&D science parks in the world.


#15 Fort Worth, Tex.
Metro Population: 2,187,000
Projected Annual Job Growth: 3.0%

Fort Worth’s economy is projected to expand 5.8% annually through 2014, according to Moody’s Analytics. American Airlines, a major employer based in Fort Worth, filed for bankruptcy in November.


#16 Seattle, Wash.
Metro Population: 2,696,600
Projected Annual Job Growth: 1.7%

Seattle’s IT industry counts more than 100,000 jobs thanks to Microsoft, Amazon.com and Expedia. Facebook’s Seattle outpost is one of its largest engineering offices outside California.


#17 Asheville, N.C
Metro Population: 429,700
Projected Annual Job Growth: 1.8%

Business costs are 21% below national average, according to Moody’s Analytics. Asheville is home to the U.S. National Climatic Data Center, which is the world’s largest active archive of weather data.


#18 Charlotte, N.C.
Metro Population: 1,799,700
Projected Annual Job Growth: 2.0%

Charlotte is hosting the 2012 Democratic National Convention in September, a first for the city. Local leaders expect the event to generate as much as $200 million in economic activity.


#19 Fayetteville, Ark.
Metro Population: 474,700
Projected Annual Job Growth: 2.8%

The cost of living is 11% below the U.S. average and lowest among top 50 metros. It gets huge boost from $456-billion-in-sales retail giant Wal-Mart, headquartered in Bentonville, part of the Fayetteville metro area.


#20 Houston, Tex.
Metro Population: 6,102,800
Projected Annual Job Growth: 3.2%

Houston emerged from the recession faster than any other major city. It was the fastest growing economy in the U.S. last year at 8.6%.


#21 Atlanta, Ga.
Metro Population: 5,364,300
Projected Annual Job Growth: 2.3%

Atlanta’s Hartfield-Jackson is the world’s busiest airport, with 90 million passengers annually. The median home price in the metro was $98,700 in 2011, down 42% from its peak 4 years earlier.


#22 Minneapolis, Minn.
Metro Population: 3,323,100
Projected Annual Job Growth: 2.2%

After a decade of debate Minneapolis will keep its beloved Vikings thanks to the legislature’s approval of a new $975 million NFL stadium. The team will pay $477 million toward construction, with the city and state picking up the remaining tab. The team plans a 2016 opening, with dreams of a Super Bowl someday.


#23 San Francisco, Calif.
Metro Population: 1,795,800
Projected Annual Job Growth: 2.4%

San Francisco makes the cut due to a strong job and economic outlook despite the nation’s highest living costs—a staggering 54% above the average U.S. city. San Fran has a highly educated labor force with 48% of the population possessing a college degree.


#24 Columbus, Ohio
Metro Population: 1,859,700
Projected Annual Job Growth: 1.9%

There has been $2.3 billion of public and ­private investment over the last 12 years to revitalize downtown Columbus. Ohio State University ranks second in the U.S. for industry-sponsored research.


#25 Cambridge, Mass.
Metro Population: 1,519,000
Projected Annual Job Growth: 1.6%

Schools like MIT and Harvard fuel the area’s high-tech employment, which at 17.7% is second highest in the U.S., after San Jose, Calif. Cambridge is one of only four metros where 50% of adults have a college degree.

(Source: forbes.com)

@1 year ago
#Forbes #Forbes Lists 
The Living Role Model

This is your mentor, you hero, your North Star. This is the person who you seek to emulate. This is your guiding entity, someone whose presence acts as a constant reminder that you, too, can do amazing things. You want to make this person proud. This is the voice of true authority.

The Living Role Model

This is your mentor, you hero, your North Star. This is the person who you seek to emulate. This is your guiding entity, someone whose presence acts as a constant reminder that you, too, can do amazing things. You want to make this person proud. This is the voice of true authority.

@2 years ago
#Forbes #Forbes Tech #Jessica Hagy #6 Persons U Need In The Workplace 
The Task Master

This is the loud and belligerent voice that demands you gets things done. This person is the steward of momentum, making sure deadlines are met and goals are reached. This is the voice of progress.

The Task Master

This is the loud and belligerent voice that demands you gets things done. This person is the steward of momentum, making sure deadlines are met and goals are reached. This is the voice of progress.

@2 years ago
#Forbes #Forbes Tech #Jessica Hagy #6 Persons U Need In The Workplace 
The Instigator

Someone who pushes you, who makes you think. Who motivates you to get up and go, and try, and make things happen. You want to keep this person energized, and enthusiastic. This is the voice of inspiration.

The Instigator

Someone who pushes you, who makes you think. Who motivates you to get up and go, and try, and make things happen. You want to keep this person energized, and enthusiastic. This is the voice of inspiration.

@2 years ago
#Forbes #Forbes Tech #Jessica Hagy #6 Persons U Need In The Workplace 

10 Communication Secrets of Great Leaders

How do you know when your skills have matured to the point that you’ve become an excellent communicator? The answer is you’ll have reached the point where your interactions with others consistently use the following ten principles:

1. Speak not with a forked tongue: In most cases, people just won’t open up to those they don’t trust. When people have a sense a leader is worthy of their trust they will invest time and take risks in ways they never would if their leader had a reputation built upon poor character or lack of integrity. While you can attempt to demand trust, it rarely works. Trust is best created by earning it with right acting, thinking, and decisioning. Keep in mind people will forgive many things where trust exists, but will rarely forgive anything where trust is absent.

2. Get personal: There is great truth in the following axiom: “people don’t care how much you know until they know how much you care.” Classic business theory tells leaders to stay at arms length. I say stay at arms length if you want to remain in the dark receiving only highly sanitized versions of the truth. If you don’t develop meaningful relationships with people you’ll never know what’s really on their mind until it’s too late to do anything about it.

3. Get specific: Specificity is better than Ambiguity 11 times out of 10: Learn to communicate with clarity. Simple and concise is always better than complicated and confusing. Time has never been a more precious commodity than it is today. It is critical leaders learn how to cut to the chase and hit the high points – it’s also important to expect the same from others. Without understanding the value of brevity and clarity it is unlikely you’ll ever be afforded the opportunity to get to the granular level as people will tune you out long before you ever get there. Your goal is to weed out the superfluous and to make your words count.

4. Focus on the leave-behinds not the take-aways: The best communicators are not only skilled at learning and gathering information while communicating, they are also adept at transferring ideas, aligning expectations, inspiring action, and spreading their vision. The key is to approach each interaction with a servant’s heart. When you truly focus on contributing more than receiving you will have accomplished the goal. Even though this may seem counter-intuitive, by intensely focusing on the other party’s wants, needs & desires, you’ll learn far more than you ever would by focusing on your agenda.

5. Have an open mind: I’ve often said that the rigidity of a closed mind is the single greatest limiting factor of new opportunities. A leader takes their game to a whole new level the minute they willingly seek out those who hold dissenting opinions and opposing positions with the goal not of convincing them to change their minds, but with the goal of understanding what’s on their mind. I’m always amazed at how many people are truly fearful of opposing views, when what they should be is genuinely curious and interested. Open dialogs with those who confront you, challenge you, stretch you, and develop you. Remember that it’s not the opinion that matters, but rather the willingness to discuss it with an open mind and learn.

6. Shut-up and listen: Great leaders know when to dial it up, dial it down, and dial it off (mostly down and off). Simply broadcasting your message ad nauseum will not have the same result as engaging in meaningful conversation, but this assumes that you understand that the greatest form of discourse takes place within a conversation, and not a lecture or a monologue. When you reach that point in your life where the light bulb goes off, and you begin to understand that knowledge is not gained by flapping your lips, but by removing your ear wax, you have taken the first step to becoming a skilled communicator.

7. Replace ego with empathy: I have long advised leaders not to let their ego write checks that their talent can’t cash. When candor is communicated with empathy & caring and not the prideful arrogance of an over inflated ego good things begin to happen. Empathetic communicators display a level of authenticity and transparency that is not present with those who choose to communicate behind the carefully crafted facade propped-up by a very fragile ego. Understanding the this communication principle is what helps turn anger into respect and doubt into trust.

8. Read between the lines: Take a moment and reflect back on any great leader that comes to mind… you’ll find they are very adept at reading between the lines. They have the uncanny ability to understand what is not said, witnessed, or heard. Being a leader should not be viewed as a license to increase the volume of rhetoric. Rather astute leaders know that there is far more to be gained by surrendering the floor than by filibustering. In this age of instant communication, everyone seems to be in such a rush to communicate what’s on their mind that they fail to realize everything to be gained from the minds of others. Keep your eyes & ears open and your mouth shut and you’ll be amazed at how your level or organizational awareness is raised.

9. When you speak, know what you’re talking about: Develop a technical command over your subject matter. If you don’t possess subject matter expertise, few people will give you the time of day. Most successful people have little interest in listening to those individuals who cannot add value to a situation or topic, but force themselves into a conversation just to hear themselves speak. The fake it until you make it days have long since passed, and for most people I know fast and slick equals not credible. You’ve all heard the saying “it’s not what you say, but how you say it that matters,” and while there is surely an element of truth in that statement, I’m here to tell you that it matters very much what you say. Good communicators address both the “what” and “how” aspects of messaging so they don’t fall prey to becoming the smooth talker who leaves people with the impression of form over substance.

10. Speak to groups as individuals: Leaders don’t always have the luxury of speaking to individuals in an intimate setting. Great communicators can tailor a message such that they can speak to 10 people in a conference room or 10,000 people in an auditorium and have them feel as if they were speaking directly to each one of them as an individual. Knowing how to work a room and establish credibility, trust, and rapport are keys to successful interactions.

11. Bonus – Be prepared to change the message if needed:  Another component of communications strategy that is rarely discussed is how to prevent a message from going bad, and what to do when does. It’s called being prepared and developing a contingency plan. Again, you must keep in mind that for successful interactions to occur, your objective must be in alignment with those you are communicating with. If your expertise, empathy, clarity, etc. don’t have the desired effect, which by the way is very rare, you need to be able to make an impact by changing things up on the fly. Use great questions, humor, stories, analogies, relevant data, and where needed, bold statements to help connect and engender the confidence and trust that it takes for people to want to engage. While it is sometimes necessary to “Shock and Awe” this tactic should be reserved as a last resort.

Don’t assume someone is ready to have a particular conversation with you just because you’re ready to have the conversation with them. Spending time paving the way for a productive conversation is far better than coming off as the proverbial bull in a china shop. Furthermore, you cannot assume anyone knows where you’re coming from if you don’t tell them. I never ceased to be amazed at how many people assume everyone knows what they want to occur without ever finding it necessary to communicate their objective. If you fail to justify your message with knowledge, business logic, reason, empathy etc., you will find that said message will likely fall on deaf ears needing reinforcement or clarification afterward.

Bottom line – The leadership lesson here is whenever you have a message to communicate (either directly, or indirectly through a third party) make sure said message is true & correct, well reasoned, and substantiated by solid business logic that is specific, consistent, clear and accurate. Spending a little extra time on the front-end of the messaging curve will likely save you from considerable aggravation and brain damage on the back-end. Most importantly of all, keep in mind that communication is not about you, your opinions, your positions or your circumstances. It’s about helping others by meeting their needs, understanding their concerns, and adding value to their world. Do these things and you’ll drastically reduce the number of communications problems you’ll experience moving forward.

(Source: forbes.com)

@2 years ago
#Forbes #Forbes Leadership #Mike Myatt 

The 9 Corporate Personality Types

BAMBI
Almost every new recruit starts out bright-eyed and bushy-tailed. They are fresh hard drives ready to be filled with data. You can get them to do almost anything. They walk into meetings armed with fresh slides, broad smiles, and a professionalism they’ve practiced in interviews, in school, and in the mirror. They can gleefully present for hours to anyone in the company. They can deliver news about layoffs, quotas or dire forecasts without a hint of irony or empathy. They are eager to please, but they also crave learning, mentorship and new opportunities.

BELIEVER
Believer is a broad category that continues to branch. Generally, believers carry the torch for the brand and rally others. They’ll proudly wear company- branded polo’s and have cubes/ offices adorned with trophies, knickknacks, and photos of company picnics. They’ll talk your ear off about new specs on the Widgetizer 5000.

ALPHA
Alphas are the Delta Force of the Believers. They’ll eventually run business units and ultimately, the company. Alphas love crushing competition and playing the corporate game. Their identity, self-worth and status are linked to their corporate conquests. They value tutelage and access to people they respect. Top Alphas can even create reality distortion fields where their truth becomes the truth. That can be intoxicating to employees and others. But they can also be abrupt, egotistical, or have a “you’re either with me or you’re the janitor” attitude. Look elsewhere for second chances or a shoulder to cry on.

SURVIVOR
Survivors make it to senior positions, but don’t quite have the horsepower of Alphas or Naturals. They know how to work the system. Survivors don’t like taking risks and don’t want to change the world, unless it’s a sure thing. Some are master manipulators. Others miraculously survive every reorg. A few get inexplicable promotions after their last assignment flops. Their powers come from loyalty to Alphas, shared history, or knowing where the bodies are buried. Some get moved sideways forever – sometimes into good jobs that would be better served by others. If they ever leave, you’d get depressed knowing the size of their severance package.

SOLDIER
Soldiers are solid team players. They’re not as well-rounded as Naturals or Alphas and seek out clarity. They avoid ambiguity (e.g. brainstorming) like it’s a flaming rag at an Exxon station. They can be great at one thing like project management, analysis, process improvement or people development. When in the right roles, they shine, but there’s often a ceiling to their ascent. If they are content, they’re loyal, stay late, and deliver results. They’ll also rally others around the company’s mission. They lack the networking prowess of Survivors and Naturals and rarely inspire the strong loyalty and followership of Alphas.

PRAGMATIST
Pragmatists are the ying to the Believer’s yang. Many are just as capable or talented, but they’re generally more skeptical, analytical, and idealistic. Think BBC vs. FOX News. Their logic and pragmatic wiring makes them less susceptible to reality distortion fields or unquestioned followership. In fact, they will have questions…and perform best when the answers are authentic, not flag-waving. Because of that need for purpose, they can be tougher to manage – or perceived that way.

NATURAL
Naturals are ambitious and talented, but demand more balance in their life. They can be as effective as Alphas, but tend to be more humble and jocular. They deliver results and earn genuine loyalty and respect from peers and subordinates. Naturals are born networkers and build reciprocal relationships. They respond best when the mission aligns with their values and feels right. They get demotivated when success measures are unclear or when rules or rewards seem unfair. They are much more intuitive and better at developing talent than Alphas. They excel when working with people they like. They prefer managing other Naturals, but work well with Soldiers and Heretics. They don’t mesh well with Survivors.

HERETIC
Heretics are a wildcard. Some are visionary idealists and innovators who can change the company or the world. Others just don’t like rules and are difficult to work with. Heretics have four general paths: 1) Get beaten down by the system 2) Succeed at bringing change and fixing a broken system 3) Leave and become Richard Branson 4) Escape it all to work in a call center in Peoria. Visionary Heretics can be more intoxicating and inspirational than any Alpha. Though they aren’t great people leaders, their commitment and vision will get the best from subordinates – as long as they maintain momentum and stay motivated. Heretics’ need help translating their best efforts into the company’s language so others can codify and build on their successes.

TOILER
Toilers represent a large portion of any corporate population. They typically view work as necessary to get to what matters most to them outside of work, like family, travel or building BattleBots. Toilers may not be looking to conquer the corporate world, but they are essential to the success of any company. Of course, performance can range from incredibly efficient to frustrating and sluggish.


Motivator categories

(Source: forbes.com)

@1 year ago
#Forbes #Steve Faktor 
3D Printing is the next Internet. Just like the web revolutionized entertainment, shopping and communication, 3D printing will power a local and personal industrial revolution. It will eliminate the distance between idea and product, unleashing the creativity of geniuses and imbeciles alike. Some will make amazing physical objects that improve our lives. Others will build a clone Kardashian army to rule Los Angeles. And like the Internet, 3D printing will create entire new categories of jobs that are impossible to explain to your parents.

3D printers are evolving fast. It’s just a matter of time before our breakfast, drugs, and dinner tables come out of one. Need a new house? Get dirty looks from Frank Gehry as you download and print your own Guggenheim. Don’t want to look like sausage at the royal wedding? Print a new shirt that actually fits. Dog eat your Legos? No need for a messy extraction; print replacements. Trouble finding the perfect gift? 3D printers can make jewelry, crafts, or a new liver for that college buddy who had one thousand too many.

3D Printing is the next Internet. Just like the web revolutionized entertainment, shopping and communication, 3D printing will power a local and personal industrial revolution. It will eliminate the distance between idea and product, unleashing the creativity of geniuses and imbeciles alike. Some will make amazing physical objects that improve our lives. Others will build a clone Kardashian army to rule Los Angeles. And like the Internet, 3D printing will create entire new categories of jobs that are impossible to explain to your parents.

3D printers are evolving fast. It’s just a matter of time before our breakfast, drugs, and dinner tables come out of one. Need a new house? Get dirty looks from Frank Gehry as you download and print your own Guggenheim. Don’t want to look like sausage at the royal wedding? Print a new shirt that actually fits. Dog eat your Legos? No need for a messy extraction; print replacements. Trouble finding the perfect gift? 3D printers can make jewelry, crafts, or a new liver for that college buddy who had one thousand too many.

(Source: forbes.com)

@1 year ago
#Forbes #Steve Faktor 

Fastest Growing Tech Companies

Each year we rank the 25 fastest-growing technology companies. We comb more than 5,000 publicly traded technology companies, looking for profitable companies with a minimum revenue of $150 million and a minimum market value of $500 million. We then looked for firms with sales growth of at least 10% for each of the past three fiscal years and over the latest 12 months. Finally, we ranked companies based on their three-year average sales growth rates in descending order.


No. 1: LinkedIn

Founded in 2003, LinkedIn operates the world’s largest professional network on the Internet with more than 150 million members in over 200 countries and territories. Members are able to create, manage and share their professional identity online, build and engage with their professional network, access shared knowledge and insights, and find business opportunities. Its platform provides members with solutions, including applications and tools, to search, connect and communicate with business contacts, learn about career opportunities, join industry groups, research organizations and share information.


No. 2: Apple

Apple designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and sells a range of related software, services, peripherals, networking solutions, and third-party digital content and applications. The company’s products and services include iPhone, iPad, Mac, iPod, Apple TV, the iOS and Mac OS X operating systems, iCloud, and a range of accessory, service and support offerings. It also sells and delivers digital content and applications through the iTunes Store, App Store, iBookstore, and Mac App Store.


No. 3: Qlik Technologies

Qlik Technologies sells software solutions that deliver data analysis and reporting solutions. QlikTech’s software platform, QlikView, combines enterprise-class analytics and search functionality. Customers range from middle market customers to large enterprises and include Autodesk, Campbell Soup Company, Colonial Life, The Dannon Company, ING, Kraft Foods, and Nasdaq OMX.

No. 4: athenahealth

athenahealth is a leading provider of cloud-based business and clinical services for physician practices. The Company’s service offerings are based on proprietary web-native practice management, electronic health record (EHR) software, a continuously updated payer knowledge-base and integrated back-office service operations. It has clients operating in 46 states and the District of Columbia. In 2012, Massachusetts Institute of Technology’s Technology Review Magazine named them one of the Top 50 most innovative companies in the world.


No. 5: Equinix

Equinix connects businesses with partners and customers around the world through a global platform of high performance data centers, containing dynamic ecosystems and the broadest choice of networks. Platform Equinix connects more than 4,000 enterprises, cloud, digital content and financial companies including more than 690 network service providers to help them grow their businesses, improve application performance and protect their vital digital assets. Equinix operates in 38 strategic markets across the Americas, EMEA and Asia- Pacific and continually invests in expanding its platform to power customer growth.


No. 6: Ebix

Ebix is an international supplier of On-Demand software and E-commerce services to the insurance industry,providing end to end solutions ranging from infrastructure exchanges, carrier systems, agency systems and BPO services to custom software development for all entities involved in the insurance industry. With more than 30 offices across United States, Australia, Singapore, New Zealand, Canada, China, Japan and India, Ebix powers multiple exchanges across the world in the field of life, annuity, health, risk management and property & casualty insurance while conducting in-excess of $100 billion in insurance premiums on its platforms.


No. 7: Aruba Networks

Aruba Networks connects local and remote users to corporate information technology resources via distributed enterprise networks. Its portfolio of campus, branch office, teleworker, and mobile solutions simplify operations and provide secure access to all corporate applications and services regardless of a user’s devicecor network. The products it licenses and sells include high-speed wireless local area networks; virtual branching networking solutions for branch offices and teleworkers, and network operations tools, including spectrum analyzers and wireless intrusion prevention systems.


No. 8: Riverbed Technology

Riverbed Technology has developed solutions to address the fundamental problems associated with information technology (IT) performance across wide area networks (WANs). Riverbed’s family of performance products include solutions for branch offices, mobile workers, private data centers, private clouds and cloud computing. Riverbed’s flagship Steelhead products enable its customers to improve the performance of their applications and access to their data across WANs, by increasing transmission speeds by 5 to 50 times and in some cases by up to 100 times.


No 9: Cognizant Technology Solutions

Cognizant Technology Solutions provides custom information technology, consulting and business process outsourcing services. The company is engaged in technology strategy consulting, complex systems development and integration, enterprise software package implementation and maintenance, data warehousing, business intelligence and analytics, application testing, application maintenance, infrastructure management, and business and knowledge process outsourcing (BPO and KPO).


No. 10: Shutterfly

Shutterfly is an online service that allows consumers to share, print and preserve their digital photographs. The company provides a range of personalized photo-based products and services that allow users to upload, edit, enhance, organize, find, share, create, print, and preserve images. Customers can producing create professionally bound photo books, greeting cards and stationery, personalized calendars, other photo-based merchandise and prints ranging in size from wallet-sized to jumbo-sized enlargements. Other sites include tinyprints.com and weddingpaperdivas.com.


No. 11: Sourcefire

Sourcefire provides cybersecurity solutions for healthcare, financial services, manufacturing, energy, education, retail and telecommunications companies, and federal, state and local government organizations worldwide. Its security solutions provide customers with a network security defense of assets and applications before, during and after an attack. The company’s solutions consist of multiple hardware, software and cloud-based product and service offerings.


No. 12: SolarWinds

SolarWinds designs, develops, markets, sells and supports enterprise information technology (IT) infrastructure management software to IT professionals in organizations of all sizes (100,000 customers worldwide). It’s products range from individual software tools to software products, which solve problems faced every day by IT professionals and help to enable management of networks and IT environments.


No. 13: ServiceSource International

ServiceSource International is engaged in service revenue management, providing solutions that drive renewals of maintenance, support and subscription agreements for technology companies. The company provides end-to-end management and optimization of the service contract renewals process, including data management, quoting, selling and service revenue business intelligence. Its business is built on its pay-for-performance model, whereby customers pay the ServiceSource based on renewal sales that it generates on their behalf.


No. 14: Synchronoss Technologies

Synchronoss is a provider of automation software and cloud technology solutions. Our solutions connect, synchronize and activate any device or service across any channel or network for Tier One Communications Service Providers (CSPs) and Original Equipment Manufacturers (OEMs) across the globe. Synchronoss’ customers include tier 1 service providers such as AT&T Inc., Verizon Wireless and Vodafone, tier 1 cable operators/MSOs such as Cablevision, Charter Communications, Comcast, and Time Warner Cable and large OEMs such as Apple, Dell, Panasonic and Nokia. These customers utilize our platforms, technology and services to service both consumer and business customers.


No. 15: Ancestry.com

Ancestry.com is an online family history resource, with approximately 1.8 million paying subscribers worldwide. Subscribers use its online services and content collection to research their family histories, build their family trees, collaborate with other subscribers, upload their own records and publish and share their stories. Registered users have uploaded more than 115 million photographs, scanned documents and written stories. In 2011, the Ancestry introduced Fold3.com, as its website specializing in military records; released mobile apps for both the iOS and Android-based platforms and developed technology to synchronize family trees between platforms, including online, mobile devices and Family Tree Maker desktop software.


No. 16: Fortinet

Fortinet is a worldwide provider of network security appliances and a market leader in unified threat management (UTM). Our products and subscription services provide broad, integrated and high-performance protection against dynamic security threats while simplifying the IT security infrastructure. Our customers include enterprises, service providers and government entities worldwide. Fortinet’s flagship FortiGate security appliances deliver ASIC-accelerated performance and integrates multiple layers of security designed to help protect against application and network threats. Its broad product line of complimentary solutions goes beyond UTM to help secure the extended enterprise - from endpoints, to the perimeter and the core, including databases and applications.


No. 17: Pegasystems

Pegasystems provides business process management and software for customer centricity, helps organizations enhance customer loyalty, generate new business, and improve productivity. Its patented Build for Change technology speeds the delivery of critical business solutions by directly capturing business objectives and eliminating manual programming. Pegasystems flexible on-premise and cloud-based solutions enable clients to quickly adapt to changing business conditions.


No. 18: Rackspace Hosting

Founded in 1998, Rackspace Hosting offers a range of cloud computing services, including dedicated cloud hosting and public cloud hosting, to small and medium-sized businesses, as well as large enterprises. Its services are sold to more than 172,000 businesses in more than 120 countries. The company manages more than 79,000 servers and 2,700,000 e-mail accounts.


No. 19: Quality Systems

Quality Systems develops and markets healthcare information systems that automate certain aspects of physician, inpatient and dental practices, networks of practices, such as physician hospital organizations (PHOs) and management service organizations (MSOs), ambulatory care centers, community health centers, federal qualified health centers (FQHC) and medical and dental schools. It also provides inpatient electronic health records (EHR) and financial solutions for community hospitals, as well as revenue cycle management (RCM) services through the practice solutions division.


No. 20: NIC

NIC is the nation’s largest provider of outsourced eGovernment portals. They build and manage official government Web sites, eGovernment services, applications and secure payment processing for 3,000 state and local agencies that serve more than 97 million people in the United States. The company operates in two segments: portal outsourcing segment and software & services segment. The portal outsourcing segment includes its subsidiaries that operate outsourced government portals and the corporate divisions that support portal operations. The software & services segment primarily includes NIC’s subsidiaries that provide software development and services other than portal outsourcing services.


No. 21: Red Hat

Founded in 1993, Red Hat provides operating system platforms along with virtualization, middleware, applications, management, and service-oriented architecture (SOA) solutions, as well as support, training, and consulting services to customers worldwide and through top-tier partnerships. Red Hat’s open source strategy offers customers a long-term plan for building infrastructures that are based on and leverage open source technologies with a focus on security and ease of management.


No. 22: Global Payments

Global Payments provides electronic payments transaction processing services for consumers, merchants, independent sales organizations (ISOs), financial institutions, government agencies and multi-national corporations located throughout the United States, Canada, the United Kingdom, the Asia-Pacific region, the Czech Republic and the Russian Federation. The company has customers in a number of vertical industries, including financial institutions, gaming, government, health care, professional services, restaurants, retail, universities, nonprofit organizations and utilities.


No. 23: CommVault Systems

CommVault Systems offers data and information management software applications and related services. It develops, markets and sells a unified suite of data and information management software applications under the Simpana brand. Its Simpana software is a platform with licensable modules that work together, sharing a single code and common function set, to deliver backup and recovery, archive, replication, search and resource management capabilities. Simpana provides the Company’s customers with data protection, including backup and recovery; data migration and archiving; snapshot management and replication of data; embedded deduplication; e-discovery and compliance solutions; enterprise-wide search capabilities, and management and operational reports, remote services and troubleshooting tools.


No. 24: CACI International

CACI International is an international information systems, high technology services, and professional services corporation. It delivers professional services and information technology solutions to its clients, primarily the United States government. Other customers include state and local governments, commercial enterprises and agencies of foreign governments. Its services are primarily targeted to the areas of defense, intelligence, homeland security and IT modernization.


No. 25: Verisign

VeriSign provides domain name registry services and infrastructure assurance services. VeriSign segment includes naming services, which consists of registry services and network intelligence and availability (NIA) services. Registry Services operates the directory of all .com, .net, .cc, .tv, and .name domain names and the back-end systems for all .gov, .jobs and .edu domain names. Operations infrastructure consists of three primary company-operated secure data centers in Virginia, Delaware and Switzerland.

(Source: forbes.com)

@1 year ago
#Forbes #Forbes Lists 

Fifty Important Lessons New York City Taught Me

1) Walk

Manhattan’s density encourages it (as do expensive cab fares), but wherever you are, if you have the time, find an excuse to put feet to pavement.

One highlight for locals and tourists alike: On a warm Sunday in 2000, a colleague and I footed the entire length of Manhattan. We started at 7:15 a.m. at the very northern edge, where the Harlem River hooks west to the Hudson. From there we hit the Cloisters museum and gardens, crisscrossed Harlem (chocked with decked-out church-goers), carved off part of Central Park, took in the swells on the Upper East Side, dodged tourists in gaudy Times Square, plunged south through the fashionable Flatiron District, meandered through bustling Greenwich Village, Soho and Tribeca, took stock of slumbering Wall Street, and eventually docked at the South Street Sea Port. Nearly 16 miles, five food stops and 12 hours in all.


2) Competition Is Good

Proof: some 150 exceptional restaurants I can think of.


3) What We Crave

Whatever shape the economy’s in, millions of people continue to pay an absurd premium to toil and escape in New York City. That’s because deep down—more than any specific satisfaction or vice—we all crave possibility. In that sense, NYC might be the world’s greatest brand: It makes you feel (goofy as it sounds) like anything can happen.


4) If You Don’t Care, No One Will

People have their own dreams, details and distractions to contend with. If you want them to care about your story, you have to make them care.

Ode to a legend: If you ever took a 6 a.m. out of LaGuardia Airport during the early 2000s, you’re probably familiar with the Brooklyn National Diner in the main terminal. The small stand made decent eggs, good coffee and generous sandwiches; it also made for great theater, thanks to the tireless, remorselessly effervescent taskmaster who ran it. “DA-li-cious break-FAST!” he’d bark at bleary-eyed newcomers while moving committed customers through the line. I never caught his name, but I’ll never forget him.


5) Markets Will Always Be Inefficient

An 8-foot Christmas tree goes for about $100 in Manhattan’s funky-cool Greenwich Village. About one mile south, in ritzy Tribeca, an inferior specimen might run $150. An extra two subways stops (yes, you can squeeze one of those suckers on the train) saves you $50.


6) Star Interns Are Lifesavers

If you can find some whippersnappers who demonstrate serious aptitude, take initiative, can survive on a pittance, and keep coming back for more, show thanks for your insanely good fortune by training the living the hell out of them.


7) Unplug

You hear this advice a lot in NYC, especially from miserable souls who can’t seem to follow it. “There’s a time to surf and a time to synthesize,” warns Chunka Mui, managing director of The Devil’s Advocate Group. “Multitasking makes it hard to focus on the right information and near impossible to think through the implications. If a meeting isn’t worth unplugging for, it’s not worth having.”


8) Find A Role Model

Teachers provide tools, and mentors offer support, but role models set targets. Good luck without one—and that goes for teenagers and business owners.


9) Mean A Little To Many, Or Mean A Lot To A Few

With a few exceptions, that’s the continuum. Find your spot, own it, and be at peace.


10) Toughen Up

Few images bolster resolve (or just make you stop in awe) like a scoliotic elderly woman navigating a grocery cart through a crowded street—and knowing that a big part of her wouldn’t have it any other way.


11) Take Your True Measure

Be there, do that (within reason), and then draw a conclusion.


12) Appreciate A Park: Every Blade Of Grass (And Shard Of Glass)

The dirt softball field under the 59th Street Bridge (connecting Manhattan with Queens) doesn’t exactly make you feel, as Paul Simon would say, groovy. In fact, it’s a treacherous place, devoid of grass and littered with broken glass. Adding insult to probable injury, shallow pop flies get swatted down by the bridge’s understructure. But then, if you get hold of one over the right-field fence you might nail a bus (that’s fun!), and you can nurse your wounds over piles of worthy hot wings at the nearby Blue Room.


13) Heroes Are Everywhere

Everyone in my apartment building who had left for work on 9/11 prior to the attacks wasn’t allowed home for 10 days during the evacuation. Meanwhile, our then-superintendent slept in the lobby the very first night to make sure all the pets—32 floors worth—had enough to eat. You’re a hero, Gus.


14) You Can Only Control What You Do

That one’s bigger than the five boroughs combined.


15) Give Thanks

Before I knew him, a dear friend from business school worked at Cantor Fiztgerald, a financial firm formerly headquartered in One World Trade Center. On 9/11 Cantor lost 658 of the 960 employees based there. My friend is alive because his train was late. He still works for Cantor (in Hong Kong) but he won’t go near the Trade Center site. Sometimes he laments his luck. I’m just grateful his train was late.


16) By Age 17 Alexander Hamilton Was George Washington’s Right-Hand Man

More impressive, that same son of a Nevis prostitute later became the father of the modern banking system. I thought about that every time I passed Hamilton’s grave (in the Trinity Church graveyard near Wall Street) and it made me smile.


17) The Joy Of Stress

The Occupational Safety and Administration declared stress a hazard of the workplace. And I have no doubt that Web MD is doing us all a public service by reporting that 43% of all adults suffer adverse health effects from stress. NYC is a stressful place. But uncomfortable as it can feel, a little stress can also be a powerful motivator. The trick is letting off steam now and again by abusing the star intern.


18) Short-Term Thinking Is The Real Health Hazard

See: America’s fast-approaching fiscal cliff. (For more on how to deal with it, check out: A Radical Way To Build New Companies (Not Just Web Startups), Create Jobs And Boost The Economy.)


19) You Get What You Incentivize

If you want repeat revenue, tie bonus pay to customer-satisfaction forms. If you want to crank up mortgage-processing fees, don’t ask borrowers for proof of income. And, please: If you want to stop financial fraud and other nefarious behavior, forget all of these speed-bump-sized fines. Put people in jail or into penury!


20) Success = Talent + Vision + Sustained Effort

Heavily weight that third variable—ask any entrepreneur.


21) Break It Down

If you can’t explain something in simple sentences, numbers or diagrams, overwhelming odds are that you either 1) don’t fully understand it, or 2) it doesn’t make sense.


22) Chat Up A Cabbie

A cab ride is an opportunity to get cheated (perhaps), to get carsick (likely, depending on the time of day), and to learn something (always). Just don’t take the dude’s stock tips.


23) The Three Sweetest Words In The English Language

“Two and twenty”—ask any hedge-fund manager.


24) Read The Footnotes (Or Listen To Those Who Do)

Short-sellers and accounting geeks are obsessed with fine print. They also tend to know better.


25) Get Out Of Your Comfort Zone

One of the great ironies of NYC is that the very people who glorify its energizing collision of cultures and vast menu of choices are often the same people who confine their social lives within the same three square-blocks (and I’m not just talking about newly minted parents). 26) Have A Ritual (Part 1)

Sunday morning at Petite Abeille, in Tribeca, with a Belgian waffle, a pool-sized latte and back issues of the New Yorker.


27) Most First-Person Accounts Are Self-Absorbed Crap

But sometimes (ahem) readers can be counted on for clemency.


28) Be Inspired

If you need help, watch a new office tower’s steel skeleton punch the sky.


29) There Are All Kinds Of Thanksgivings

Until age 35, I was lucky enough to have never missed Thanksgiving with my extended family in Chicago. In 2006, with work and business school bearing down, there was too much to do to make the trip home. At 7 pm on Thanksgiving night, a workaholic colleague appeared at my office door and declared: “This is bull@#$%. We need some turkey.” So we walked to Grand Central Station and ate in the great hall at a place called Metrazur (now an Apple store). With all respect to my aunt Judy, it was the best bird I ever had.


30) Be Alone

Not all the time—just long enough to hear yourself.


31) What It Takes

Talent gets you invited to camp; determination gets you on the team; teamwork gets you on the field; confidence gets you on the starting unit; love for the game keeps you there. And too many sports metaphors get you smacked in the face.


32) If You Present A Problem, Present A Solution

Otherwise you’re just a whiner, and no one likes a whiner.


33) The Older You Get, The Less Patience You Have, And The More You Need

More aggravating still is that knowing it doesn’t really help.


34) Small Is Magnificent

That goes for movie theaters, Italian restaurants, music venues, consignment shops, grocery stores—everything except a martini pour.


35) Look Out The Window On The Descent

That’s right: “Wow…”


36) Spending More Than You Can Afford Is Alarmingly Easy To Do…

That’s true everywhere, but NYC puts a rather fine point on it.


37) …But You Don’t Need $1 Million To Feel Like A King

Twelve years ago my buddy dumped what he had into a sailboat he lived on and docked in Jersey City, across the Hudson River from the twin towers. One Sunday afternoon he invited some friends to grill burgers while bobbing in New York Harbor. It was September 9, 2001. Most of us were barely making rent. But for a few hours—with the towers in front and the Statue of Liberty behind—the world was ours.


38) Have A Guilty Pleasure Or Two

Mine included the occasional dearly priced ginger margarita at the Mercer Hotel bar, and—somewhat embarrassingly—a 3-hour spin on the Circle Line Tour (the guided tour boat that circumvents Manhattan). Sometimes it’s fun to be a tourist in your own town.


39) Ask For What You Want

“No” is a mild cut. Regret is a cancer.


40) Don’t Take Things Personally

It frees up energy to make adjustments.


41) Always Ask: “And Then What?”

The answer might surprise you.


42) Don’t Wait

My parents and I had talked for years about a trip to Italy. Mom has aggressive arthritis and a weak ticker, Dad a bum back and stubborn aversion to change. Four summers ago, as they both neared 70, they came for a visit. After three days, the city had visibly taken its toll—and those years of talking suddenly felt like precious wasted time. Nine months later we booked our Italy trip, and it was one for the ages.


43) Glib Gets Old

Jonathan Franzen, able satirist and author of Corrections, said anything that betrays real passion is uncool. It’s a great line—and you’d be amazed how many people take it to heart.


44) Best Pizza (Ever)

Lucali, in Carroll Gardens, Brooklyn.


45) Catch Up With Clifton

Every weekday morning for nearly 10 years, a short, wiry gentleman with a Caribbean accent, grey hair, cherubic smile and kind heart camped out with a newspaper at the south exit of the Rector Street subway stop, three blocks from Ground Zero. I hope you’re well, Mr. C.


46) Surprises Are For Birthdays

Whatever it is, get ahead of it.


47) Put Fresh Eyes On It

Whatever it is, it’ll need work in the morning.


48) Communicate Like A Grownup

Call to discuss, email to confirm.


49) Have A Ritual (Part 2)

Annual testosteronic outing called Steak Night—with up to 22 friends and family members from five states—at a storied NYC chophouse, preferably Peter Luger in Williamsburg, Brooklyn.


50) Every Day Is New

In 14 years, I rarely needed a reminder. And still don’t.

(Source: forbes.com)

@2 years ago with 1 note
#Forbes #Brent Nelson 
The Connector

This person can help you find new avenues and new allies. This person breaks through roadblocks into finds ways to make magic happen. You need this person to reach people and places you can’t. This is the voice of cooperation and community.

The Connector

This person can help you find new avenues and new allies. This person breaks through roadblocks into finds ways to make magic happen. You need this person to reach people and places you can’t. This is the voice of cooperation and community.

@2 years ago
#Forbes #Forbes Tech #Jessica Hagy #6 Persons U Need In The Workplace 
The Doubter

This is the devil’s advocate, who asks the hard questions and sees problems before they arise. You need this person’s perspective. They are looking out for you, and want you to be as safe as you are successful. This is the voice of reason.

The Doubter

This is the devil’s advocate, who asks the hard questions and sees problems before they arise. You need this person’s perspective. They are looking out for you, and want you to be as safe as you are successful. This is the voice of reason.

@2 years ago
#Forbes #Forbes Tech #Jessica Hagy #6 Persons U Need In The Workplace 
The Cheer Leader

This person is a huge fan, a strong supporter, and a rabid evangelist for you and your work. Work to make this person rewarded, to keep them engaged. This is the voice of motivation.

The Cheer Leader

This person is a huge fan, a strong supporter, and a rabid evangelist for you and your work. Work to make this person rewarded, to keep them engaged. This is the voice of motivation.

@2 years ago
#Forbes #Forbes Tech #Jessica Hagy #6 Persons U Need In The Workplace 
Money Saving Websites

Airbnb

Airbnb is a website for people to rent out a room, apartment, house, or even a castle to travelers. The site has become a popular way for travelers to meet locals and find cheap accomodations.


Coupons.com

Coupons.com is a website for finding deals on all sorts of products. The site is designed as an alternative to newspaper coupons, giving consumers more choice to select the coupons they want. The company also owns mobile app GroceryIQ for mobile coupons. The company recently raised $200 million in new venture funding.


Gazelle

Gazelle.com is a website for people to sell their used electronics. Want to upgrade to the new iPhone or Android device? Gazelle will give you a price for your device and pay you when they receive it in the mail.


Getaround
Getaround is a peer-to-peer car-sharing company. The start-up enables people to borrow or rent out cars. For car owners it’s a way to make some extra cash. And for those who don’t have a car it’s a way to get low-cost access to a car. Cars can be accessed through the iPhone app. The service is insured by Berkshire Hathaway.


RelayRides
RelayRides is another peer-to-peer car-sharing company. People who join get a key card that can be used to access a borrowed car. For car owners, the service generates an average of $250 per month renting out a car. The company, which is backed by Google Ventures among others, is operating currently in San Francisco and Boston.


Home Exchange
Home Exchange is a popular website for people to rent out their home and find a place to stay while traveling.


Glyde
Glyde.com is a site for buying and selling media such as games, DVDs, or even iPads. You can search for an item, find the price and buy it. Once it arrives you have 48 hours to decide if you are satisfied with it. If you aren’t satisfied, you don’t have to pay.


Parkatmyhouse
Parkatmyhouse is a peer-to-peer parking space website. People can rent out a private parking space or garage. Drivers can find cheap parking spaces. Like Airbnb, except for parking spaces.


Thredup
Thredup is for parents to get hand-me-downs that their kids actually want. Trade in a box of your kids’ clothes for a box from another family. Pick the box of clothes that you like the best. Pay $5 plus shipping.


HomeAway
Find a vacation rental with HomeAway.com. The site has about 260,000 rentals to choose from. Sign a rental agreement, pay a deposit, and take off. The company recently had its IPO and now trades on the Nasdaq.


Groupon
Groupon is the popular group deals website. Launched in November 2008, Groupon filed for an IPO in June.


Twitter
Sign up for Twitter and follow sites like Amazon.com and Virgin America, which post special deals on Twitter.


Woot!
Electronics website Woot offers one special deal per day. It also sells various different electronics products. The site was acquired by Amazon.com in 2010.


Facebook
Some deals are available only on Facebook. If you “like” certain companies you will get access to special deals posted on Facebook.

1 year ago
#Forbes 
1 year ago
#Forbes #Steve Faktor 
1. The Rip A man’s shopping spree often starts with some awful moment of clarity. A hole in their last pair of underwear from high school. Or, a pretty girl in line at the airport loses interest when she sees toes protruding from an old sock.

2. The Sale A sale on pants won’t get flocks of men rioting in the aisles of Macy’s. Brands waste millions promoting thin, effeminate men strutting down runways. They’d do better reminding them that fresh underwear, sexy socks, and stain-free shirts could lead to job promotions.

3. The Find When they finally go to the store, men want maximum efficiency – everything in their size, in stock, on one shelf. When they arrive at Sears or Bloomingdale’s  they’re faced with inevitable disappointment. They must navigate a labyrinth, forced to make hundreds of decisions about something they only marginally care about. Even then, there’s always the risk they’ll leave with ill-fitting, career-killing outfits.

4. The wear This is that long journey of deterioration that slowly inches men towards the next rip. During this time, men pick favorites and bury uncomfortable clothes in the darkest corners of their closet.
1 year ago
#Forbes #Steve Faktor 
3D Printing is the next Internet. Just like the web revolutionized entertainment, shopping and communication, 3D printing will power a local and personal industrial revolution. It will eliminate the distance between idea and product, unleashing the creativity of geniuses and imbeciles alike. Some will make amazing physical objects that improve our lives. Others will build a clone Kardashian army to rule Los Angeles. And like the Internet, 3D printing will create entire new categories of jobs that are impossible to explain to your parents.

3D printers are evolving fast. It’s just a matter of time before our breakfast, drugs, and dinner tables come out of one. Need a new house? Get dirty looks from Frank Gehry as you download and print your own Guggenheim. Don’t want to look like sausage at the royal wedding? Print a new shirt that actually fits. Dog eat your Legos? No need for a messy extraction; print replacements. Trouble finding the perfect gift? 3D printers can make jewelry, crafts, or a new liver for that college buddy who had one thousand too many.
1 year ago
#Forbes #Steve Faktor 
Meet The New Subprime: It Will Cost Us Billions

'Rich Neighborhoods Riddled With Foreclosures'.


When will our government come to realize that not everyone in this country can own a home? Not an issue of cruelty or insensitivity or lack of dream for Utopia, but a simple matter of economics. Not everyone has 20% or even 10% to make a bona fide down payment and have the subsequent income to comfortably service the debt. Apparently the continuing pain of the subprime crisis has taught our feckless politicians nothing. While sub-prime has morphed into a naughty word, a near clone has stealthily infiltrated the mortgage markets, choking the breath out of many unfortunates ensnared by its enervating tentacles. Meet the Federal Housing Administration or FHA. It found life under Roosevelt in 1934 as part of his alphabet soup answer to extricate America from depression. It started as a benign institution, and like today, insured loans and offered some down payment relief to borrowers.

Why Has FHA Become A Monster Now

Last November the Department of Housing and Urban Development (HUD) under whose purview FHA falls, issued the September 30 fiscal year 2011 annual report. It was a rather damning indictment. Capital which is statutorily set at 2% of assets had fallen to a measly .24% or from $4.7 billion in 2010 to $2.6 billion in year end 2011. It is only a mere $20 billion shy of requirement. This capital is expressed as the MMI or Mutual Mortgage Insurance Fund or the backstop to any defaults on the $1.1 trillion of FHA insured loans outstanding. The auditors estimated $26 billion of losses for loans underwritten through the first quarter of 2009 and another $14.1 billion for “seller funded down payment assistance loans”. Though since curtailed, the seller used to be able to loan the purchaser most or all of the down payment leaving the buyer with little or no “skin in the game.” Then the auditors sang the praises of the 2010 and 2011 books of business will be profitable, and there are new risk guidelines and credit policies in place and all is well and they expect to be in capital compliance by 2015.

A large part of the problem is that to qualify for a mortgage at FHA you need little more than an active “pulse”. Requirements have been repeatedly watered down. The down payment requirements are 3.5% with a credit score of 580. A score below 640 is considered subprime by the Federal Reserve. When you roll in the insurance fee into the loan balance you have a loan to value ratio that starts at over 98%. The paltry down payment may be funded by relatives or employers. It gets more bizarre. Borrowers can claim income from a roommate (to be found at a later date) to help qualify for the loan. Often no cash reserves are required to demonstrate ability handle repair bills and taxes and still meet mortgage obligations. In addition, when you default you just go and apply to the pernicious Home Affordable Modification Program or HAMP which is designed to give our beleaguered mortgagor several more bites at the apple. His or her loan will be modified (interest rate reduced or principal forgiven) and because of new more lenient HAMP rules, when she or he defaults again, the loan can be rejiggered yet one more time. All the income requirements at HAMP have been reduced more than once. HAMP also has one of those goofy phantom roommate clauses.

Fannie Mae Compared

The contrast between FHA and Fannie Mae tells the story. First Fannie Mae issues what are known as conforming or “conventional” loans which have such requirements as 20% money down and cash reserves for repairs as well as infinitely stricter income requirements than FHA. Second, and insidiously, FHA now has a loan limit that is higher than Fannie Mae. Ex Alaska and Hawaii, FHA has loan limits up to $729,750 while conventional mortgages are stuck at $625,000. So in effect there has been a “disintermediation” away from Fannie and into FHA. If you have little cash the lax requirements of FHA is the siren call. This is borne out as FHA has increased threefold in size since 2005. And combined with HAMP a borrower has multiple opportunities to default with impunity, the system encourages irresponsible behavior.

Realizing that perhaps this Ponzi scheme can’t endure indefinitely, FHA has raised their insurance premiums to borrowers twice this year, most recently with Congress giving, with a 402-7 vote, it’s imprimatur on the FHA Fiscal Solvency Act which raised cost of insurance to up to 2.05% annually. The bill announced more hollow risk guidelines and even hired a new risk officer to make sure all roommates are in compliance. HUD Secretary Donovan emerged from his cave and hailed this would ensure the solvency of FHA.

Meanwhile, economists at the Federal Reserve were crunching some numbers of there own. FHA has for years underestimated their losses from claims on defaulted loans. It turns out that every time FHA has a loan default but it gets modified into a new loan, then this loan is a success and hence not counted as a defaulted loan. In fact, this default is a default and not a success and to the extent it has been modified (lower interest or principal) it cost me and you the taxpayer, money. Additionally, it was discovered that 49% of all reworked loans defaulted a second time within twelve months. The bottom line is FHA uses a faulty econometric model that vastly underestimates defaults to forecast losses. The Fed, which used actual FHA loan data from 2007-2009, predicts there will be a 30% default rate on these loans within five years.


Some Mind Blowing Statistics

So on the one side of the aisle sits HUD secretary Donavan pontificating all is well in FHA land, while on the debit side of the ledger the Federal Reserve has produced a significantly less sanguine vision for the future. Skeptic that I am, I tend to believe half of what I see first hand. Ergo, I embarked on a little sleuthing mission to compare the credibility of each stance. Locating the latest 10Q’s (second quarter 2012) for JPM, BAC, and WFC, I combed the nether intestines in search of their FHA loan exposures and what is the current delinquency experience. Sobering understates the resulting data. BAC, far and away the largest FHA lender of the three has a $67.3 billion book of which $18.1 billion or 26.9% is 90 days or more past due. It gets worse. Government guaranteed loans at WFC total $28.43 billion and a whopping 69.3% fall into the 90 day overdue basket. JPM brings up the rear with a comparatively small $15.9 billion but with an incredible 74.8% being derelict by three months or more. When you add up these three lenders you arrive just under $112 billion or 10% of the total $1.1 trillion FHA insured market. Take my word, in aggregate the math and division yields that nearly 45% of all of these FHA insured loans are three payments or more behind. That is $49.5 billion of loans more than three moths past due. The FHA has $2.6 billion in capital. Can we extrapolate to the other 90% of the market? Who knows, but these three banks have operations covering areas in excess of 95% of the population of America.

Bailout

What if there were 20% losses on just that $49.5 billion delinquent. That’s almost $10 billion, and four times the current FHA capital buffer, and that’s just 10% of the market. What if losses are 30% or 40%? Losses on FHA loans can easily expand into the hundreds of billions on the shoulder of the taxpayer. The day of reckoning keeps getting postponed because it’s just not fair to foreclose on borrowers just because they haven’t made a payment in a year. It is a dirty little secret that will be kept in the linen closet until after the election. This debacle can only end up in a bailout scenario. The government has only itself to blame here. The nefarious banks had nothing to do with this one. Everybody is entitled to shelter but not everyone deserves to own a home. FHA is broke, bankrupt, insolvent……dead and it is going to cost us billions.

Stupidity Of It All

Putting people in homes where there is little probability of a successful outcome is negative for all parties. Credit is damaged and ever more difficult to obtain in the future and relocating to find a job becomes more challenging. What causes the most dissonance is the utter moral collapse of our system. Borrowers are able to default three, four times with no real repercussions. The sense of responsibility to pay back a debt incurred is gone. It is part of the politically correct world that is decimating the American culture. I have said this in several of my articles, but these people were never owners, just renters. There was no pride of ownership because the commensurate work to earn the home was never there to start with. My daughter ran for student council with six girls vying for four spots. The votes were tabulated and it was determined that rather than wound self esteem, all six were declared winners. I was repulsed. Far better to have my daughter lose and learn a lesson or win and have the pride to know she earned the position. This is now how our society is being constructed now. At the end of the day the FHA, so far strayed from its mission, is now just another entitlement program and HAMP but a government pustule on this seeming inexorable march to socialism. I am probably just another Cassandra relentlessly forewarning to deaf ears, but I hope not.

(Source: forbes.com)

1 year ago
#Richard Finger #Forbes #Forbes Business 
Fastest Growing Tech Companies

Each year we rank the 25 fastest-growing technology companies. We comb more than 5,000 publicly traded technology companies, looking for profitable companies with a minimum revenue of $150 million and a minimum market value of $500 million. We then looked for firms with sales growth of at least 10% for each of the past three fiscal years and over the latest 12 months. Finally, we ranked companies based on their three-year average sales growth rates in descending order.


No. 1: LinkedIn

Founded in 2003, LinkedIn operates the world’s largest professional network on the Internet with more than 150 million members in over 200 countries and territories. Members are able to create, manage and share their professional identity online, build and engage with their professional network, access shared knowledge and insights, and find business opportunities. Its platform provides members with solutions, including applications and tools, to search, connect and communicate with business contacts, learn about career opportunities, join industry groups, research organizations and share information.


No. 2: Apple

Apple designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and sells a range of related software, services, peripherals, networking solutions, and third-party digital content and applications. The company’s products and services include iPhone, iPad, Mac, iPod, Apple TV, the iOS and Mac OS X operating systems, iCloud, and a range of accessory, service and support offerings. It also sells and delivers digital content and applications through the iTunes Store, App Store, iBookstore, and Mac App Store.


No. 3: Qlik Technologies

Qlik Technologies sells software solutions that deliver data analysis and reporting solutions. QlikTech’s software platform, QlikView, combines enterprise-class analytics and search functionality. Customers range from middle market customers to large enterprises and include Autodesk, Campbell Soup Company, Colonial Life, The Dannon Company, ING, Kraft Foods, and Nasdaq OMX.

No. 4: athenahealth

athenahealth is a leading provider of cloud-based business and clinical services for physician practices. The Company’s service offerings are based on proprietary web-native practice management, electronic health record (EHR) software, a continuously updated payer knowledge-base and integrated back-office service operations. It has clients operating in 46 states and the District of Columbia. In 2012, Massachusetts Institute of Technology’s Technology Review Magazine named them one of the Top 50 most innovative companies in the world.


No. 5: Equinix

Equinix connects businesses with partners and customers around the world through a global platform of high performance data centers, containing dynamic ecosystems and the broadest choice of networks. Platform Equinix connects more than 4,000 enterprises, cloud, digital content and financial companies including more than 690 network service providers to help them grow their businesses, improve application performance and protect their vital digital assets. Equinix operates in 38 strategic markets across the Americas, EMEA and Asia- Pacific and continually invests in expanding its platform to power customer growth.


No. 6: Ebix

Ebix is an international supplier of On-Demand software and E-commerce services to the insurance industry,providing end to end solutions ranging from infrastructure exchanges, carrier systems, agency systems and BPO services to custom software development for all entities involved in the insurance industry. With more than 30 offices across United States, Australia, Singapore, New Zealand, Canada, China, Japan and India, Ebix powers multiple exchanges across the world in the field of life, annuity, health, risk management and property & casualty insurance while conducting in-excess of $100 billion in insurance premiums on its platforms.


No. 7: Aruba Networks

Aruba Networks connects local and remote users to corporate information technology resources via distributed enterprise networks. Its portfolio of campus, branch office, teleworker, and mobile solutions simplify operations and provide secure access to all corporate applications and services regardless of a user’s devicecor network. The products it licenses and sells include high-speed wireless local area networks; virtual branching networking solutions for branch offices and teleworkers, and network operations tools, including spectrum analyzers and wireless intrusion prevention systems.


No. 8: Riverbed Technology

Riverbed Technology has developed solutions to address the fundamental problems associated with information technology (IT) performance across wide area networks (WANs). Riverbed’s family of performance products include solutions for branch offices, mobile workers, private data centers, private clouds and cloud computing. Riverbed’s flagship Steelhead products enable its customers to improve the performance of their applications and access to their data across WANs, by increasing transmission speeds by 5 to 50 times and in some cases by up to 100 times.


No 9: Cognizant Technology Solutions

Cognizant Technology Solutions provides custom information technology, consulting and business process outsourcing services. The company is engaged in technology strategy consulting, complex systems development and integration, enterprise software package implementation and maintenance, data warehousing, business intelligence and analytics, application testing, application maintenance, infrastructure management, and business and knowledge process outsourcing (BPO and KPO).


No. 10: Shutterfly

Shutterfly is an online service that allows consumers to share, print and preserve their digital photographs. The company provides a range of personalized photo-based products and services that allow users to upload, edit, enhance, organize, find, share, create, print, and preserve images. Customers can producing create professionally bound photo books, greeting cards and stationery, personalized calendars, other photo-based merchandise and prints ranging in size from wallet-sized to jumbo-sized enlargements. Other sites include tinyprints.com and weddingpaperdivas.com.


No. 11: Sourcefire

Sourcefire provides cybersecurity solutions for healthcare, financial services, manufacturing, energy, education, retail and telecommunications companies, and federal, state and local government organizations worldwide. Its security solutions provide customers with a network security defense of assets and applications before, during and after an attack. The company’s solutions consist of multiple hardware, software and cloud-based product and service offerings.


No. 12: SolarWinds

SolarWinds designs, develops, markets, sells and supports enterprise information technology (IT) infrastructure management software to IT professionals in organizations of all sizes (100,000 customers worldwide). It’s products range from individual software tools to software products, which solve problems faced every day by IT professionals and help to enable management of networks and IT environments.


No. 13: ServiceSource International

ServiceSource International is engaged in service revenue management, providing solutions that drive renewals of maintenance, support and subscription agreements for technology companies. The company provides end-to-end management and optimization of the service contract renewals process, including data management, quoting, selling and service revenue business intelligence. Its business is built on its pay-for-performance model, whereby customers pay the ServiceSource based on renewal sales that it generates on their behalf.


No. 14: Synchronoss Technologies

Synchronoss is a provider of automation software and cloud technology solutions. Our solutions connect, synchronize and activate any device or service across any channel or network for Tier One Communications Service Providers (CSPs) and Original Equipment Manufacturers (OEMs) across the globe. Synchronoss’ customers include tier 1 service providers such as AT&T Inc., Verizon Wireless and Vodafone, tier 1 cable operators/MSOs such as Cablevision, Charter Communications, Comcast, and Time Warner Cable and large OEMs such as Apple, Dell, Panasonic and Nokia. These customers utilize our platforms, technology and services to service both consumer and business customers.


No. 15: Ancestry.com

Ancestry.com is an online family history resource, with approximately 1.8 million paying subscribers worldwide. Subscribers use its online services and content collection to research their family histories, build their family trees, collaborate with other subscribers, upload their own records and publish and share their stories. Registered users have uploaded more than 115 million photographs, scanned documents and written stories. In 2011, the Ancestry introduced Fold3.com, as its website specializing in military records; released mobile apps for both the iOS and Android-based platforms and developed technology to synchronize family trees between platforms, including online, mobile devices and Family Tree Maker desktop software.


No. 16: Fortinet

Fortinet is a worldwide provider of network security appliances and a market leader in unified threat management (UTM). Our products and subscription services provide broad, integrated and high-performance protection against dynamic security threats while simplifying the IT security infrastructure. Our customers include enterprises, service providers and government entities worldwide. Fortinet’s flagship FortiGate security appliances deliver ASIC-accelerated performance and integrates multiple layers of security designed to help protect against application and network threats. Its broad product line of complimentary solutions goes beyond UTM to help secure the extended enterprise - from endpoints, to the perimeter and the core, including databases and applications.


No. 17: Pegasystems

Pegasystems provides business process management and software for customer centricity, helps organizations enhance customer loyalty, generate new business, and improve productivity. Its patented Build for Change technology speeds the delivery of critical business solutions by directly capturing business objectives and eliminating manual programming. Pegasystems flexible on-premise and cloud-based solutions enable clients to quickly adapt to changing business conditions.


No. 18: Rackspace Hosting

Founded in 1998, Rackspace Hosting offers a range of cloud computing services, including dedicated cloud hosting and public cloud hosting, to small and medium-sized businesses, as well as large enterprises. Its services are sold to more than 172,000 businesses in more than 120 countries. The company manages more than 79,000 servers and 2,700,000 e-mail accounts.


No. 19: Quality Systems

Quality Systems develops and markets healthcare information systems that automate certain aspects of physician, inpatient and dental practices, networks of practices, such as physician hospital organizations (PHOs) and management service organizations (MSOs), ambulatory care centers, community health centers, federal qualified health centers (FQHC) and medical and dental schools. It also provides inpatient electronic health records (EHR) and financial solutions for community hospitals, as well as revenue cycle management (RCM) services through the practice solutions division.


No. 20: NIC

NIC is the nation’s largest provider of outsourced eGovernment portals. They build and manage official government Web sites, eGovernment services, applications and secure payment processing for 3,000 state and local agencies that serve more than 97 million people in the United States. The company operates in two segments: portal outsourcing segment and software & services segment. The portal outsourcing segment includes its subsidiaries that operate outsourced government portals and the corporate divisions that support portal operations. The software & services segment primarily includes NIC’s subsidiaries that provide software development and services other than portal outsourcing services.


No. 21: Red Hat

Founded in 1993, Red Hat provides operating system platforms along with virtualization, middleware, applications, management, and service-oriented architecture (SOA) solutions, as well as support, training, and consulting services to customers worldwide and through top-tier partnerships. Red Hat’s open source strategy offers customers a long-term plan for building infrastructures that are based on and leverage open source technologies with a focus on security and ease of management.


No. 22: Global Payments

Global Payments provides electronic payments transaction processing services for consumers, merchants, independent sales organizations (ISOs), financial institutions, government agencies and multi-national corporations located throughout the United States, Canada, the United Kingdom, the Asia-Pacific region, the Czech Republic and the Russian Federation. The company has customers in a number of vertical industries, including financial institutions, gaming, government, health care, professional services, restaurants, retail, universities, nonprofit organizations and utilities.


No. 23: CommVault Systems

CommVault Systems offers data and information management software applications and related services. It develops, markets and sells a unified suite of data and information management software applications under the Simpana brand. Its Simpana software is a platform with licensable modules that work together, sharing a single code and common function set, to deliver backup and recovery, archive, replication, search and resource management capabilities. Simpana provides the Company’s customers with data protection, including backup and recovery; data migration and archiving; snapshot management and replication of data; embedded deduplication; e-discovery and compliance solutions; enterprise-wide search capabilities, and management and operational reports, remote services and troubleshooting tools.


No. 24: CACI International

CACI International is an international information systems, high technology services, and professional services corporation. It delivers professional services and information technology solutions to its clients, primarily the United States government. Other customers include state and local governments, commercial enterprises and agencies of foreign governments. Its services are primarily targeted to the areas of defense, intelligence, homeland security and IT modernization.


No. 25: Verisign

VeriSign provides domain name registry services and infrastructure assurance services. VeriSign segment includes naming services, which consists of registry services and network intelligence and availability (NIA) services. Registry Services operates the directory of all .com, .net, .cc, .tv, and .name domain names and the back-end systems for all .gov, .jobs and .edu domain names. Operations infrastructure consists of three primary company-operated secure data centers in Virginia, Delaware and Switzerland.

(Source: forbes.com)

1 year ago
#Forbes #Forbes Lists 
The Best Places For Business And Careers In The US

#1 Provo, Utah
Metro Population: 542,700
Projected Annual Job Growth Through 2014: 2.5%

Brigham Young University provides a stabilizing presence to the $16 billion Provo economy. It is the third-largest private college by enrollment in the U.S. BYU is also generating new jobs. During 2010 it ranked third in the number of startups produced through university research—13 in total—behind only nearby University of Utah (18) and MIT (17).


#2 Raleigh, N.C.
Metro Population: 1,169,000
Projected Annual Job Growth: 2.9%

The net migration rate to Raleigh was second high­est in the U.S. over the past 5 years as the area added 116,500 more people than it lost. The population has doubled in the past 2 decades.


#3 Fort Collins, Colo.
Metro Population: 306,200
Projected Annual Job Growth: 2.7%

Fort Collins boasts an educated workforce—46% have college degrees (U.S. average is 28%) and 18% possess graduate degrees. Credit Colorado State University, which is a major presence in the town.


#4 Des Moines, Iowa
Metro Population: 580,700
Projected Annual Job Growth: 2.1%

Des Moines Mayor Frank Cownie recently traveled to China on a trip organized by the U.S. Conference of Mayors. He met with his counterparts regarding Chinese investment in the U.S. and no doubt made a pitch for the many financial services firms in Des Moines.


#5 Denver, Colo.
Metro Population: 2,602,900
Projected Annual Job Growth: 2.6%

Denver is a thriving hub for aerospace, which employs 19,500 people in the private sector—the second-biggest center for the industry in the U.S. Among the 400 employers and suppliers are global giants Lockheed Martin, Boeing, Raytheon and Northrop Grumman.


#6 ogden, Utah
Metro Population: 557,600
Projected Annual Job Growth: 1.9%

Last year Procter & Gamble opened its first U.S. manufacturing plant in more than 3 decades, 30 miles north of Ogden. The $540 million facility will create 1,000 new jobs.


#7 Lincoln, Nebr.
Metro Population: 306,900
Projected Annual Job Growth: 1.9%

Nebraska’s capital has the lowest unemployment rate in the U.S. at 3.5%. Mortgage delinquency rates were third lowest in the country in 2011 at 2.8%, according to Equifax.


#8 Dallas, Tex.
Metro Population: 4,356,500
Projected Annual Job Growth: 3.3%

Gross metro product surged 6.2% last year—second best in the nation—to $254 billion. Dallas/Fort Worth International Airport is undergoing a $2 billion renovation, which began after the city hosted the Super Bowl last year. Four of the 5 terminals will be gutted in a project that will not be completed until 2017.


#9 Austin, Tex.
Metro Population: 1,789,100
Projected Annual Job Growth: 2.9%

Austin’s economy is projected to expand 6.2% annually during the next 3 years, fastest in the U.S. The region has a constant influx of young talent thanks to more than 70 colleges and 360,000 enrolled students within a 200-mile radius.


#10 Nashville, Tenn.
Metro Population: 1,620,600
Projected Annual Job Growth: 2.0%

Business costs in the Music City are 18% below the U.S. average. Large employers include HCA and Nissan.


#11 Omaha, Nebr.
Metro Population: 878,300
Projected Annual Job Growth: 1.8%

Financial services employees make up 9% of the workforce (U.S. average is 6%), with the headquarters of Berkshire Hathaway, TD Ameritrade and Mutual of Omaha all situated in the Gateway to the West.


#12 Oklahoma City, Okla.
Metro Population: 1,278,900
Projected Annual Job Growth: 1.8%

Overall rank jumped 16 spots from last year as the job and economic prospects for the metro improved dramatically. Major employers include AT&T, Chesapeake Energy and Devon Energy.


#13 San Antonio, Tex.
Metro Population: 2,201,400
Projected Annual Job Growth: 2.9%

More than half of trade between Mexico and U.S. flows through San Antonio. The city is bolstering its green cred: local utility CPS Energy is committed to making renewable energy 20% of its total capacity by 2020.


#14 Durham, N.C.
Metro Population: 513,600
Projected Annual Job Growth: 2.0%

Most of Research Triangle Park is situated in Durham. RTP boasts 170 companies and 42,000 workers. It is one of the largest and most prestigious R&D science parks in the world.


#15 Fort Worth, Tex.
Metro Population: 2,187,000
Projected Annual Job Growth: 3.0%

Fort Worth’s economy is projected to expand 5.8% annually through 2014, according to Moody’s Analytics. American Airlines, a major employer based in Fort Worth, filed for bankruptcy in November.


#16 Seattle, Wash.
Metro Population: 2,696,600
Projected Annual Job Growth: 1.7%

Seattle’s IT industry counts more than 100,000 jobs thanks to Microsoft, Amazon.com and Expedia. Facebook’s Seattle outpost is one of its largest engineering offices outside California.


#17 Asheville, N.C
Metro Population: 429,700
Projected Annual Job Growth: 1.8%

Business costs are 21% below national average, according to Moody’s Analytics. Asheville is home to the U.S. National Climatic Data Center, which is the world’s largest active archive of weather data.


#18 Charlotte, N.C.
Metro Population: 1,799,700
Projected Annual Job Growth: 2.0%

Charlotte is hosting the 2012 Democratic National Convention in September, a first for the city. Local leaders expect the event to generate as much as $200 million in economic activity.


#19 Fayetteville, Ark.
Metro Population: 474,700
Projected Annual Job Growth: 2.8%

The cost of living is 11% below the U.S. average and lowest among top 50 metros. It gets huge boost from $456-billion-in-sales retail giant Wal-Mart, headquartered in Bentonville, part of the Fayetteville metro area.


#20 Houston, Tex.
Metro Population: 6,102,800
Projected Annual Job Growth: 3.2%

Houston emerged from the recession faster than any other major city. It was the fastest growing economy in the U.S. last year at 8.6%.


#21 Atlanta, Ga.
Metro Population: 5,364,300
Projected Annual Job Growth: 2.3%

Atlanta’s Hartfield-Jackson is the world’s busiest airport, with 90 million passengers annually. The median home price in the metro was $98,700 in 2011, down 42% from its peak 4 years earlier.


#22 Minneapolis, Minn.
Metro Population: 3,323,100
Projected Annual Job Growth: 2.2%

After a decade of debate Minneapolis will keep its beloved Vikings thanks to the legislature’s approval of a new $975 million NFL stadium. The team will pay $477 million toward construction, with the city and state picking up the remaining tab. The team plans a 2016 opening, with dreams of a Super Bowl someday.


#23 San Francisco, Calif.
Metro Population: 1,795,800
Projected Annual Job Growth: 2.4%

San Francisco makes the cut due to a strong job and economic outlook despite the nation’s highest living costs—a staggering 54% above the average U.S. city. San Fran has a highly educated labor force with 48% of the population possessing a college degree.


#24 Columbus, Ohio
Metro Population: 1,859,700
Projected Annual Job Growth: 1.9%

There has been $2.3 billion of public and ­private investment over the last 12 years to revitalize downtown Columbus. Ohio State University ranks second in the U.S. for industry-sponsored research.


#25 Cambridge, Mass.
Metro Population: 1,519,000
Projected Annual Job Growth: 1.6%

Schools like MIT and Harvard fuel the area’s high-tech employment, which at 17.7% is second highest in the U.S., after San Jose, Calif. Cambridge is one of only four metros where 50% of adults have a college degree.

(Source: forbes.com)

1 year ago
#Forbes #Forbes Lists 
Fifty Important Lessons New York City Taught Me

1) Walk

Manhattan’s density encourages it (as do expensive cab fares), but wherever you are, if you have the time, find an excuse to put feet to pavement.

One highlight for locals and tourists alike: On a warm Sunday in 2000, a colleague and I footed the entire length of Manhattan. We started at 7:15 a.m. at the very northern edge, where the Harlem River hooks west to the Hudson. From there we hit the Cloisters museum and gardens, crisscrossed Harlem (chocked with decked-out church-goers), carved off part of Central Park, took in the swells on the Upper East Side, dodged tourists in gaudy Times Square, plunged south through the fashionable Flatiron District, meandered through bustling Greenwich Village, Soho and Tribeca, took stock of slumbering Wall Street, and eventually docked at the South Street Sea Port. Nearly 16 miles, five food stops and 12 hours in all.


2) Competition Is Good

Proof: some 150 exceptional restaurants I can think of.


3) What We Crave

Whatever shape the economy’s in, millions of people continue to pay an absurd premium to toil and escape in New York City. That’s because deep down—more than any specific satisfaction or vice—we all crave possibility. In that sense, NYC might be the world’s greatest brand: It makes you feel (goofy as it sounds) like anything can happen.


4) If You Don’t Care, No One Will

People have their own dreams, details and distractions to contend with. If you want them to care about your story, you have to make them care.

Ode to a legend: If you ever took a 6 a.m. out of LaGuardia Airport during the early 2000s, you’re probably familiar with the Brooklyn National Diner in the main terminal. The small stand made decent eggs, good coffee and generous sandwiches; it also made for great theater, thanks to the tireless, remorselessly effervescent taskmaster who ran it. “DA-li-cious break-FAST!” he’d bark at bleary-eyed newcomers while moving committed customers through the line. I never caught his name, but I’ll never forget him.


5) Markets Will Always Be Inefficient

An 8-foot Christmas tree goes for about $100 in Manhattan’s funky-cool Greenwich Village. About one mile south, in ritzy Tribeca, an inferior specimen might run $150. An extra two subways stops (yes, you can squeeze one of those suckers on the train) saves you $50.


6) Star Interns Are Lifesavers

If you can find some whippersnappers who demonstrate serious aptitude, take initiative, can survive on a pittance, and keep coming back for more, show thanks for your insanely good fortune by training the living the hell out of them.


7) Unplug

You hear this advice a lot in NYC, especially from miserable souls who can’t seem to follow it. “There’s a time to surf and a time to synthesize,” warns Chunka Mui, managing director of The Devil’s Advocate Group. “Multitasking makes it hard to focus on the right information and near impossible to think through the implications. If a meeting isn’t worth unplugging for, it’s not worth having.”


8) Find A Role Model

Teachers provide tools, and mentors offer support, but role models set targets. Good luck without one—and that goes for teenagers and business owners.


9) Mean A Little To Many, Or Mean A Lot To A Few

With a few exceptions, that’s the continuum. Find your spot, own it, and be at peace.


10) Toughen Up

Few images bolster resolve (or just make you stop in awe) like a scoliotic elderly woman navigating a grocery cart through a crowded street—and knowing that a big part of her wouldn’t have it any other way.


11) Take Your True Measure

Be there, do that (within reason), and then draw a conclusion.


12) Appreciate A Park: Every Blade Of Grass (And Shard Of Glass)

The dirt softball field under the 59th Street Bridge (connecting Manhattan with Queens) doesn’t exactly make you feel, as Paul Simon would say, groovy. In fact, it’s a treacherous place, devoid of grass and littered with broken glass. Adding insult to probable injury, shallow pop flies get swatted down by the bridge’s understructure. But then, if you get hold of one over the right-field fence you might nail a bus (that’s fun!), and you can nurse your wounds over piles of worthy hot wings at the nearby Blue Room.


13) Heroes Are Everywhere

Everyone in my apartment building who had left for work on 9/11 prior to the attacks wasn’t allowed home for 10 days during the evacuation. Meanwhile, our then-superintendent slept in the lobby the very first night to make sure all the pets—32 floors worth—had enough to eat. You’re a hero, Gus.


14) You Can Only Control What You Do

That one’s bigger than the five boroughs combined.


15) Give Thanks

Before I knew him, a dear friend from business school worked at Cantor Fiztgerald, a financial firm formerly headquartered in One World Trade Center. On 9/11 Cantor lost 658 of the 960 employees based there. My friend is alive because his train was late. He still works for Cantor (in Hong Kong) but he won’t go near the Trade Center site. Sometimes he laments his luck. I’m just grateful his train was late.


16) By Age 17 Alexander Hamilton Was George Washington’s Right-Hand Man

More impressive, that same son of a Nevis prostitute later became the father of the modern banking system. I thought about that every time I passed Hamilton’s grave (in the Trinity Church graveyard near Wall Street) and it made me smile.


17) The Joy Of Stress

The Occupational Safety and Administration declared stress a hazard of the workplace. And I have no doubt that Web MD is doing us all a public service by reporting that 43% of all adults suffer adverse health effects from stress. NYC is a stressful place. But uncomfortable as it can feel, a little stress can also be a powerful motivator. The trick is letting off steam now and again by abusing the star intern.


18) Short-Term Thinking Is The Real Health Hazard

See: America’s fast-approaching fiscal cliff. (For more on how to deal with it, check out: A Radical Way To Build New Companies (Not Just Web Startups), Create Jobs And Boost The Economy.)


19) You Get What You Incentivize

If you want repeat revenue, tie bonus pay to customer-satisfaction forms. If you want to crank up mortgage-processing fees, don’t ask borrowers for proof of income. And, please: If you want to stop financial fraud and other nefarious behavior, forget all of these speed-bump-sized fines. Put people in jail or into penury!


20) Success = Talent + Vision + Sustained Effort

Heavily weight that third variable—ask any entrepreneur.


21) Break It Down

If you can’t explain something in simple sentences, numbers or diagrams, overwhelming odds are that you either 1) don’t fully understand it, or 2) it doesn’t make sense.


22) Chat Up A Cabbie

A cab ride is an opportunity to get cheated (perhaps), to get carsick (likely, depending on the time of day), and to learn something (always). Just don’t take the dude’s stock tips.


23) The Three Sweetest Words In The English Language

“Two and twenty”—ask any hedge-fund manager.


24) Read The Footnotes (Or Listen To Those Who Do)

Short-sellers and accounting geeks are obsessed with fine print. They also tend to know better.


25) Get Out Of Your Comfort Zone

One of the great ironies of NYC is that the very people who glorify its energizing collision of cultures and vast menu of choices are often the same people who confine their social lives within the same three square-blocks (and I’m not just talking about newly minted parents). 26) Have A Ritual (Part 1)

Sunday morning at Petite Abeille, in Tribeca, with a Belgian waffle, a pool-sized latte and back issues of the New Yorker.


27) Most First-Person Accounts Are Self-Absorbed Crap

But sometimes (ahem) readers can be counted on for clemency.


28) Be Inspired

If you need help, watch a new office tower’s steel skeleton punch the sky.


29) There Are All Kinds Of Thanksgivings

Until age 35, I was lucky enough to have never missed Thanksgiving with my extended family in Chicago. In 2006, with work and business school bearing down, there was too much to do to make the trip home. At 7 pm on Thanksgiving night, a workaholic colleague appeared at my office door and declared: “This is bull@#$%. We need some turkey.” So we walked to Grand Central Station and ate in the great hall at a place called Metrazur (now an Apple store). With all respect to my aunt Judy, it was the best bird I ever had.


30) Be Alone

Not all the time—just long enough to hear yourself.


31) What It Takes

Talent gets you invited to camp; determination gets you on the team; teamwork gets you on the field; confidence gets you on the starting unit; love for the game keeps you there. And too many sports metaphors get you smacked in the face.


32) If You Present A Problem, Present A Solution

Otherwise you’re just a whiner, and no one likes a whiner.


33) The Older You Get, The Less Patience You Have, And The More You Need

More aggravating still is that knowing it doesn’t really help.


34) Small Is Magnificent

That goes for movie theaters, Italian restaurants, music venues, consignment shops, grocery stores—everything except a martini pour.


35) Look Out The Window On The Descent

That’s right: “Wow…”


36) Spending More Than You Can Afford Is Alarmingly Easy To Do…

That’s true everywhere, but NYC puts a rather fine point on it.


37) …But You Don’t Need $1 Million To Feel Like A King

Twelve years ago my buddy dumped what he had into a sailboat he lived on and docked in Jersey City, across the Hudson River from the twin towers. One Sunday afternoon he invited some friends to grill burgers while bobbing in New York Harbor. It was September 9, 2001. Most of us were barely making rent. But for a few hours—with the towers in front and the Statue of Liberty behind—the world was ours.


38) Have A Guilty Pleasure Or Two

Mine included the occasional dearly priced ginger margarita at the Mercer Hotel bar, and—somewhat embarrassingly—a 3-hour spin on the Circle Line Tour (the guided tour boat that circumvents Manhattan). Sometimes it’s fun to be a tourist in your own town.


39) Ask For What You Want

“No” is a mild cut. Regret is a cancer.


40) Don’t Take Things Personally

It frees up energy to make adjustments.


41) Always Ask: “And Then What?”

The answer might surprise you.


42) Don’t Wait

My parents and I had talked for years about a trip to Italy. Mom has aggressive arthritis and a weak ticker, Dad a bum back and stubborn aversion to change. Four summers ago, as they both neared 70, they came for a visit. After three days, the city had visibly taken its toll—and those years of talking suddenly felt like precious wasted time. Nine months later we booked our Italy trip, and it was one for the ages.


43) Glib Gets Old

Jonathan Franzen, able satirist and author of Corrections, said anything that betrays real passion is uncool. It’s a great line—and you’d be amazed how many people take it to heart.


44) Best Pizza (Ever)

Lucali, in Carroll Gardens, Brooklyn.


45) Catch Up With Clifton

Every weekday morning for nearly 10 years, a short, wiry gentleman with a Caribbean accent, grey hair, cherubic smile and kind heart camped out with a newspaper at the south exit of the Rector Street subway stop, three blocks from Ground Zero. I hope you’re well, Mr. C.


46) Surprises Are For Birthdays

Whatever it is, get ahead of it.


47) Put Fresh Eyes On It

Whatever it is, it’ll need work in the morning.


48) Communicate Like A Grownup

Call to discuss, email to confirm.


49) Have A Ritual (Part 2)

Annual testosteronic outing called Steak Night—with up to 22 friends and family members from five states—at a storied NYC chophouse, preferably Peter Luger in Williamsburg, Brooklyn.


50) Every Day Is New

In 14 years, I rarely needed a reminder. And still don’t.

(Source: forbes.com)

2 years ago
#Forbes #Brent Nelson 
The Living Role Model

This is your mentor, you hero, your North Star. This is the person who you seek to emulate. This is your guiding entity, someone whose presence acts as a constant reminder that you, too, can do amazing things. You want to make this person proud. This is the voice of true authority.
2 years ago
#Forbes #Forbes Tech #Jessica Hagy #6 Persons U Need In The Workplace 
The Connector

This person can help you find new avenues and new allies. This person breaks through roadblocks into finds ways to make magic happen. You need this person to reach people and places you can’t. This is the voice of cooperation and community.
2 years ago
#Forbes #Forbes Tech #Jessica Hagy #6 Persons U Need In The Workplace 
The Task Master

This is the loud and belligerent voice that demands you gets things done. This person is the steward of momentum, making sure deadlines are met and goals are reached. This is the voice of progress.
2 years ago
#Forbes #Forbes Tech #Jessica Hagy #6 Persons U Need In The Workplace 
The Doubter

This is the devil’s advocate, who asks the hard questions and sees problems before they arise. You need this person’s perspective. They are looking out for you, and want you to be as safe as you are successful. This is the voice of reason.
2 years ago
#Forbes #Forbes Tech #Jessica Hagy #6 Persons U Need In The Workplace 
The Instigator

Someone who pushes you, who makes you think. Who motivates you to get up and go, and try, and make things happen. You want to keep this person energized, and enthusiastic. This is the voice of inspiration.
2 years ago
#Forbes #Forbes Tech #Jessica Hagy #6 Persons U Need In The Workplace 
The Cheer Leader

This person is a huge fan, a strong supporter, and a rabid evangelist for you and your work. Work to make this person rewarded, to keep them engaged. This is the voice of motivation.
2 years ago
#Forbes #Forbes Tech #Jessica Hagy #6 Persons U Need In The Workplace 
10 Communication Secrets of Great Leaders

How do you know when your skills have matured to the point that you’ve become an excellent communicator? The answer is you’ll have reached the point where your interactions with others consistently use the following ten principles:

1. Speak not with a forked tongue: In most cases, people just won’t open up to those they don’t trust. When people have a sense a leader is worthy of their trust they will invest time and take risks in ways they never would if their leader had a reputation built upon poor character or lack of integrity. While you can attempt to demand trust, it rarely works. Trust is best created by earning it with right acting, thinking, and decisioning. Keep in mind people will forgive many things where trust exists, but will rarely forgive anything where trust is absent.

2. Get personal: There is great truth in the following axiom: “people don’t care how much you know until they know how much you care.” Classic business theory tells leaders to stay at arms length. I say stay at arms length if you want to remain in the dark receiving only highly sanitized versions of the truth. If you don’t develop meaningful relationships with people you’ll never know what’s really on their mind until it’s too late to do anything about it.

3. Get specific: Specificity is better than Ambiguity 11 times out of 10: Learn to communicate with clarity. Simple and concise is always better than complicated and confusing. Time has never been a more precious commodity than it is today. It is critical leaders learn how to cut to the chase and hit the high points – it’s also important to expect the same from others. Without understanding the value of brevity and clarity it is unlikely you’ll ever be afforded the opportunity to get to the granular level as people will tune you out long before you ever get there. Your goal is to weed out the superfluous and to make your words count.

4. Focus on the leave-behinds not the take-aways: The best communicators are not only skilled at learning and gathering information while communicating, they are also adept at transferring ideas, aligning expectations, inspiring action, and spreading their vision. The key is to approach each interaction with a servant’s heart. When you truly focus on contributing more than receiving you will have accomplished the goal. Even though this may seem counter-intuitive, by intensely focusing on the other party’s wants, needs & desires, you’ll learn far more than you ever would by focusing on your agenda.

5. Have an open mind: I’ve often said that the rigidity of a closed mind is the single greatest limiting factor of new opportunities. A leader takes their game to a whole new level the minute they willingly seek out those who hold dissenting opinions and opposing positions with the goal not of convincing them to change their minds, but with the goal of understanding what’s on their mind. I’m always amazed at how many people are truly fearful of opposing views, when what they should be is genuinely curious and interested. Open dialogs with those who confront you, challenge you, stretch you, and develop you. Remember that it’s not the opinion that matters, but rather the willingness to discuss it with an open mind and learn.

6. Shut-up and listen: Great leaders know when to dial it up, dial it down, and dial it off (mostly down and off). Simply broadcasting your message ad nauseum will not have the same result as engaging in meaningful conversation, but this assumes that you understand that the greatest form of discourse takes place within a conversation, and not a lecture or a monologue. When you reach that point in your life where the light bulb goes off, and you begin to understand that knowledge is not gained by flapping your lips, but by removing your ear wax, you have taken the first step to becoming a skilled communicator.

7. Replace ego with empathy: I have long advised leaders not to let their ego write checks that their talent can’t cash. When candor is communicated with empathy & caring and not the prideful arrogance of an over inflated ego good things begin to happen. Empathetic communicators display a level of authenticity and transparency that is not present with those who choose to communicate behind the carefully crafted facade propped-up by a very fragile ego. Understanding the this communication principle is what helps turn anger into respect and doubt into trust.

8. Read between the lines: Take a moment and reflect back on any great leader that comes to mind… you’ll find they are very adept at reading between the lines. They have the uncanny ability to understand what is not said, witnessed, or heard. Being a leader should not be viewed as a license to increase the volume of rhetoric. Rather astute leaders know that there is far more to be gained by surrendering the floor than by filibustering. In this age of instant communication, everyone seems to be in such a rush to communicate what’s on their mind that they fail to realize everything to be gained from the minds of others. Keep your eyes & ears open and your mouth shut and you’ll be amazed at how your level or organizational awareness is raised.

9. When you speak, know what you’re talking about: Develop a technical command over your subject matter. If you don’t possess subject matter expertise, few people will give you the time of day. Most successful people have little interest in listening to those individuals who cannot add value to a situation or topic, but force themselves into a conversation just to hear themselves speak. The fake it until you make it days have long since passed, and for most people I know fast and slick equals not credible. You’ve all heard the saying “it’s not what you say, but how you say it that matters,” and while there is surely an element of truth in that statement, I’m here to tell you that it matters very much what you say. Good communicators address both the “what” and “how” aspects of messaging so they don’t fall prey to becoming the smooth talker who leaves people with the impression of form over substance.

10. Speak to groups as individuals: Leaders don’t always have the luxury of speaking to individuals in an intimate setting. Great communicators can tailor a message such that they can speak to 10 people in a conference room or 10,000 people in an auditorium and have them feel as if they were speaking directly to each one of them as an individual. Knowing how to work a room and establish credibility, trust, and rapport are keys to successful interactions.

11. Bonus – Be prepared to change the message if needed:  Another component of communications strategy that is rarely discussed is how to prevent a message from going bad, and what to do when does. It’s called being prepared and developing a contingency plan. Again, you must keep in mind that for successful interactions to occur, your objective must be in alignment with those you are communicating with. If your expertise, empathy, clarity, etc. don’t have the desired effect, which by the way is very rare, you need to be able to make an impact by changing things up on the fly. Use great questions, humor, stories, analogies, relevant data, and where needed, bold statements to help connect and engender the confidence and trust that it takes for people to want to engage. While it is sometimes necessary to “Shock and Awe” this tactic should be reserved as a last resort.

Don’t assume someone is ready to have a particular conversation with you just because you’re ready to have the conversation with them. Spending time paving the way for a productive conversation is far better than coming off as the proverbial bull in a china shop. Furthermore, you cannot assume anyone knows where you’re coming from if you don’t tell them. I never ceased to be amazed at how many people assume everyone knows what they want to occur without ever finding it necessary to communicate their objective. If you fail to justify your message with knowledge, business logic, reason, empathy etc., you will find that said message will likely fall on deaf ears needing reinforcement or clarification afterward.

Bottom line – The leadership lesson here is whenever you have a message to communicate (either directly, or indirectly through a third party) make sure said message is true & correct, well reasoned, and substantiated by solid business logic that is specific, consistent, clear and accurate. Spending a little extra time on the front-end of the messaging curve will likely save you from considerable aggravation and brain damage on the back-end. Most importantly of all, keep in mind that communication is not about you, your opinions, your positions or your circumstances. It’s about helping others by meeting their needs, understanding their concerns, and adding value to their world. Do these things and you’ll drastically reduce the number of communications problems you’ll experience moving forward.

(Source: forbes.com)

2 years ago
#Forbes #Forbes Leadership #Mike Myatt