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Supply chain video: If you want to re-negotiate the terms with suppliers, the moment is now!
in Supplychainer, on July 5, 2009
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In applying these strategies, a main element companies should consider is human factor: In the crisis situations, people feel frozen. They don't want to do anything because they are afraid of...
Will California drag down the United States?
in Sox First, on July 2, 2009
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California has entered the new financial year in crisis with a budget deficit of $26.3 billion, up from $24.3 billion, because of the ineptitude of the legislature in missing a deadline and politi...
Supply chain video: Preparing for the worst, managing supplier risk in the downturn (Part 2)
in Supplychainer, on June 30, 2009
This is the second part of the video presentation from Professor Rob Handfield in the PMMS Leadership in Procurement from the 2009 on supply chain risks in this economic downturn. In this part, he highlights that a charactaristic of high performance in not simply laying off people and go for radical...
Supply chain video: Preparing for the worst, managing supplier risk in the downturn (Part 1)
in Supplychainer, on June 30, 2009
PMMS Leadership in Procurement: A Global Perspective in Troubled Times was an event organized some while ago in Montreal Canada. Since there are some interesting videos from the presentations in this event on the subject of supply chain management and risk reduction in general, I decided to share so...
July 8: China Cleantech Business Forum
in China Venture News, on June 30, 2009
... is a growing industry focus for venture capital and development funds: Despite the current credit crisis, overall fundraising for cleantech has remained steady in 2008, with 29 funds raising a total ...
Is plain vanilla the right goal?
in The Mortgage Roadmap, on June 30, 2009
...of the other fancy stuff that got so many borrowers in trouble during the subprime mortgage-lending crisis — if they choose.
But the Washington Post today asks an important question: When does ...
Beware the China bubble
in Sox First, on June 29, 2009
...ing to happen. And it will affect all of us. Fitch warns: "With much of the world immersed in crisis, China appears to be one of the few countries where the financial system continues to functio...
Pensioners kidnap and torture their investment adviser
in Sox First, on June 25, 2009
...Working as an investment adviser these days is dangerous. You risk incurring the wrath of financial crisis victims. And it doesn't matter how old they are either. Here's an extraordinary sto...
3rd Party Blog
in Wangtam, on June 23, 2009
...EO首份工作揭秘
• LEE IACOCCA UNVEILS LIMITED EDITION MUSTANG
• Trader Bots - Giving you the trading edge
• Football3s
• Google Docs Presentations Updates, Improves
• Farewell to Google
• Report:...
Royal Caribbean Cruises Ltd. mit „Clean Sea Award“ ausgezeichnet
in Kreuzfahrten, on June 22, 2009
...igen "Nor-Shipping"-Eröffnungskonferenz mit dem Titel "From Crisis to Opportunity: Shipping's Role in the Fight against Climate Change". Bei der Konferenz diskutierten Reederei...
Bankers' pay soars despite crisis
in Sox First, on June 22, 2009
...t's hard to believe but bankers are now raking in enormous bonuses despite the global financial crisis. The Financial Times reports that Merrill Lynch, UBS and Citigroup are actually cranking u...
Airline crisis strategy: screw customers and staff
in Sox First, on June 21, 2009
Earlier this month, I did a blog entry looking at how the airline business was going to the dogs. The combination of the global financial crunch and swine flu will cost them at least $9 billion this year. So what's their answer? Screw passengers and staff. First, we have the report th...
Mafia cashes in on crisis
in Sox First, on June 19, 2009
...Fascinating story in the Financial Times about how the Mafia has been cashing in on the financial crisis with two apparently "Japanese" men bringing $134 billion worth of fake Treasury bil...
A new wave of mortgage foreclosures on the way?
in The Mortgage Roadmap, on June 18, 2009
...I'd like to think that we've seen the worst of the foreclosure crisis. I'd like to think that we'll be seeing fewer homes fall into foreclosure, and fewer homeowners missing their mort...
Does Obama's patchwork overhaul go far enough?
in Sox First, on June 18, 2009
...ggest concern about the package is that it does nothing about the ratings agencies which caused the crisis when they made millions by encouraging the spread of risky products that subsequently shatter...
The slow recovery
in Sox First, on June 16, 2009
...tilted towards the downside. Downside indeed. Dr Doom, Nouriel Roubini who predicted the financial crisis has told Bloomberg that the optimists are getting "ahead of the curve" and that r...
How'd the mortgage meltdown happen? NPR knows
in The Mortgage Roadmap, on June 15, 2009
...f "This American Life," was frustrated that no one ever really explained how the mortgage crisis happened. So he created an amazingly informative, and entertaining, one-hour show for his rad...
Subprime and racism
in Sox First, on June 7, 2009
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One of the things that has disturbed me the most about the subprime crisis is the impact it's had on the African American and Hispanic communities, and the way banks had targeted these people ...
Banks fight to keep accounting tricks
in Sox First, on June 6, 2009
...t looks like US Government will want to repeat the same mistakes that plunged global markets into a crisis....
Mortgage giant Mozilo charged with fraud
in The Mortgage Roadmap, on June 5, 2009
...I'm always amazed that so many people pin the blame for our nation's current housing crisis on homeowners facing foreclosures. Yes, some of these homeowners — but not nearly all of them ...
Renewable energy and the recession
in Sox First, on June 5, 2009
...be the suggestion in the latest REN21 Renewables Global Status Report . Despite the worst economic crisis since the Great Depression, grid-connected solar PV grew by an astonishing 70% and wind power...
Self Foot Examination Against Needless Diabetic Amputations
in Daily Diabetic, on June 4, 2009
...etes.
According to New York City podiatrist Dr. Michael Perlstein , the severity of the diabetes crisis is illustrated by a trend he's seeing in his practice: more and more patients are undergoi...
What next for GM?
in Sox First, on June 4, 2009
... to buy hybrid cars. It's unlikely the government will listen to Moore and Makower. But the GM crisis could be a real opportunity. And no crisis should be wasted....
Blame the recession on Reagan: Paul Krugman
in Sox First, on June 1, 2009
... The big difference of course is their view about the role of government. And if nothing else, this crisis marks a punctuation point in global history. The Reagan-Thatcher ideology that government sho...
New MBAs claim they'll be ethical. Yeah right!
in Sox First, on May 31, 2009
...s. It's a fascinating development because it happens bang in the middle of the worst financial crisis since the Great Depression. Which raises an obvious question: how many would have been prepar...
More housing woes
in Sox First, on May 29, 2009
...em. Prime fixed-rate loans now represent the largest share of new foreclosures. In other words, the crisis has now gripped the middle class with more people losing their jobs. As the MBA says, things ...
China's today national distribution capabilities
in Supplychainer, on May 27, 2009
...issues in China as well:
As an example, Jean Pierre briefly talke about the impact of current crisis on China; apparently the companies which are focusing on import or national service are still...
Economists predict recession ends this year. As if!
in Sox First, on May 27, 2009
...much optimism. Personally, I have given up believing in economists. Indeed, I blame this financial crisis on economists. I explain why in my piece here ....
Loan modifications not always helping homeowners
in The Mortgage Roadmap, on May 26, 2009
It's clear that the Obama administration wants to see fewer housing foreclosures. That makes sense: Housing foreclosures help no one. The banks certainly don't want these homes back. Foreclosures devastate families. And they weaken neighborhoods.
Problem is, a key tenant of the administrati...
Krugman, Soros and Roubini: how to fix the crisis
in Sox First, on May 26, 2009
...;We have in the past been as high as 100 percent of GDP at the end of World War II without having a crisis, but your ability to go that high does depend upon people's belief that you will behave r...
Early retirement soars, but who is going to pay?
in Sox First, on May 26, 2009
... dry by 2037, which means people will be on severely reduced payments. And with the worst financial crisis since the Great Depression pushing US unemployment up to its highest level in 25 years, there...
Sony to reduce the number of suppliers to half
in Supplychainer, on May 23, 2009
...s year, the electronics unit is expected to post a second consecutive year of losses. The financial crisis has eviscerated global demand for consumer electronics and a strong yen has eroded profits ea...
Britain to lose AAA rating, US is next
in Sox First, on May 23, 2009
...es to build. The problem for the US is that tax receipts are drying up at a time when the financial crisis is putting pressure on governments around the world for stimulus spending. And of course, th...
The recession: blaming the business schools
in Sox First, on May 21, 2009
...s and George Bush all went to Harvard, for example. The management mentality that has informed this crisis thought of businesses primarily as economic entities, and emphasised the obscene rewards you ...
Cashing in on the disgust with banks
in Sox First, on May 19, 2009
...looking at how banks were going to face more intense competition in the wash-up from this financial crisis. To put it bluntly, banks will be losing market share to such forces as peer-to-peer lending,...
The problem with economists
in Sox First, on May 18, 2009
...Germany, Denmark and France, sheds light on the hubris of the profession. The paper, The Financial Crisis and Systemic Failure of Academic Economics points out that this crisis is different from its...
Corporate social responsibility and recession
in Sox First, on May 15, 2009
...e companies, it compared the stock price on February 11, 2008, before the worst of the economic crisis, and 12 months later, on February 10, 2009. Then, for each of those two groups of 25, it calc...
Supply chain video: Supply risks for airlines
in Supplychainer, on May 15, 2009
...ms to increase again),
2) Inflation (the effect which might have on the contracts)
3) And at last crisis which has had some impact on the number of tickets bought and the type of them.
He also...
Financial crisis winners to hurt banks
in Sox First, on May 15, 2009
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Who are the big winners coming out of this financial crisis? And how will they threaten to destroy banks? The Economist identifies four big winners that will decimate the banking sector. These ...
Looking to buy? Your mortgage loan might be smaller than ever
in The Mortgage Roadmap, on May 13, 2009
...d qualifying for a mortgage loan today is more difficult, as lenders, stung by the subprime lending crisis, are doing everything they can to avoid passing out mortgage money to borrowers who may not b...
Downturn easing without recovery
in Sox First, on May 12, 2009
...ncier George Soros saying that all the stimulus packages are starting work and that the financial crisis is easing. He predicts that Asia will be the first to emerge out of the crisis, and that Chin...
A Hippocratic oath for managers
in Sox First, on May 8, 2009
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The global crisis is as much a failure of ethics as it is of finance. Business at the end of the day has to serve society which gives it its licence to operate. Creating virtual products as they d...
Financial crisis worse than the 1930s?
in Sox First, on May 7, 2009
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Is this crisis shaping up as worse than what we saw in the 1930s. There are some claims that this might be the case. In Britain, the National Institute of Economic and Social Research has foreca...
SOX and complacency
in Sox First, on May 5, 2009
...tion from Georgetown University law professor Ethan S Burger in this piece Today's Financial Crisis, Corporate Governance, and the Issue of Third-Party Liability . The problem, he says, is tha...
Animal Spirits by George Akerlof and Robert Shiller
in Sox First, on May 4, 2009
... from the Latin word "fido" which means "I trust". And while we are in a credit crisis, it is worth remembering that the word "credit" is derived from the Latin word &quo...
Google Likes To Steal Other's Thunder
in Wangtam, on May 3, 2009
...alaria No More | Ending Malaria Deaths
• Private pensions and policy responses to the crisis
• Sony's motion sensing controller for PS3 to be unveiled at E3
• CCleaner 2.19.900
• free Goog...
Coming soon: A new, smarter Google News?
in Wangtam, on April 30, 2009
...ilar is the current crisis to the Great Depression?
• AOL Homepage Looks Different, Real Different. The "A" Is For Agnostic.
• iPhone OS 3.0 Beta 4 and iTunes 8.2 Pre-Release to Develope...
HP拟1亿美元新建科罗拉多州数据中心
in Wangtam, on April 29, 2009
... Is the crisis hurting trade finance? Evidence from Africa
• Prosper.com Reopens for Lending
• 国美大批关店 苏宁加速扩张
• Microsoft debuts Vine in Seattle: Twitter+Facebook on steroids
• MLB Nearing $1 M...
Supply chain consultants introduce new inventory reduction analytic tool
in Supplychainer, on April 29, 2009
Supply Chain Consultants announced last week a new inventory management module for its Zemeter family of supply chain management software tools. Reducing inventories and conserving working capital is the number one issue in the supply chain today.
According to Business Wire , Supply Chain C...
Pandemic preparation in the IT department
in The CIO Weblog, on April 28, 2009
...mpany will still be around tomorrow and has some concern for staff and their families in a time of crisis. Johannes Ullrich, the SANS handler mentioned above, says, "Don't count on locking up...
Swatch Watches
in The Jewelry Weblog, on April 28, 2009
...iss Designer Watches
In the mid-seventies, the Swiss watch industry was in the midst of its worst crisis ever. The Japanese competition had been outclassed in 1979 with the launch of the Delirium, t...
Big bonuses at imploding banks
in Sox First, on April 26, 2009
...ports that 70% of financial services workers got a bonus in 2008 despite the unfolding of the worst crisis for 80 years with 16% saying their bonuses are bigger than last year. That includes UBS which...
Are economists to blame for the financial crisis?
in Sox First, on April 23, 2009
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How much are economists to blame for the financial crisis? Most of them, with perhaps the exception of Nouriel Roubini and Robert Shiller, failed to see the weaknesses in financial markets. They j...
Another sucker's rally
in Sox First, on April 22, 2009
...solvent. And finally, some emerging markets are likely to be caught up in a fully fledged financial crisis. AS George Soros says, we should not take too much heart from the rallies because the US eco...
Cardboard coffins and green funerals
in Sox First, on April 22, 2009
...or green funerals is one of the many forces that is throwing the death industry into an existential crisis with natural burials avoiding those expensive embalming processes and concrete burial vaults....
Hope, greed, fear and the financial crisis
in Sox First, on April 16, 2009
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Interesting piece from Wharton on the psychology behind the financial crisis. It makes the point that the crisis was underpinned by a mix of optimism and delusion, which created the bubble in th...
Is the US becoming like Russia?
in Sox First, on April 15, 2009
...d creditors - must be a part of any durable solution. Without that change, the resolution of this crisis can only be the harbinger of the next." Still, there is no sign that the world has recogn...
IPOs: don't blame Sarbox
in Sox First, on April 15, 2009
...withstanding the fact that the IPO market is close to moribund at the moment thanks to the economic crisis. Writing in the New York Times Dealbook , Steven M Davidoff says the IPO market is in troub...
Mitsubishi defies crunch, releases a monster!
in The Digital TV Weblog, on April 9, 2009
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Mitsubishi obviously don't understand that the world is in a state of economic crisis; as they have just released a rather mad 82" LCD, costing almost $5000. It's not just big, it ha...
The new consumer
in Sox First, on April 9, 2009
...le, people turn tribal. Now the Financial Times tells us that a new shopper is emerging from the crisis, one that embraces quality and value, not quantity. Now it's all about "voluntary si...
The Panic of 2008-09
in Sox First, on April 7, 2009
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The financial crisis is more than just a global recession. It's a Panic, according to Kevin Warsh , a member of the Board of Governors of the Federal Reserve System. In a speech to the Cou...
G20 and FASB: the banks win again
in Sox First, on April 3, 2009
...m the G20 summit as the beginning of a "new world order" but the reality is the financial crisis will be around for some time yet. Don't get too worked up about markets' celebrating...
Training institutions launch low cost supply chain education programs
in Supplychainer, on March 31, 2009
... The crisis hasn't had negative effects only on the companies and normal people. Academic institutions are also affected, especially the ones which have focused a lot on executive or profession...
A cool example of sustainable development in Africa
in Audeamus - How dare we..., on March 31, 2009
...AE are helping Rwanda's tourism's industry flourish. even though the country is affected by crisis, it has made significant profit compared to the country's size during the last 15 years. ...
Getting the recession right
in The CIO Weblog, on March 31, 2009
...out there who are busily and arbitrarily slashing costs and headcounts in response to the financial crisis; now it's time to acknowledge one that has by and large gotten it right: Hewlett-Packard....
Unemployment to soar: bleak times ahead
in Sox First, on March 31, 2009
...2008, Gurría warns of a massive impact on society. The meltdown is turning into a jobs and social crisis and the question is are we prepared? Gurría says: "Our latest projections (to be released...
RFID in times of recession
in The RFID Weblog, on March 27, 2009
...nner. We can bet on one thing that the growth would not be stunted even in this prevailing economic crisis.
...
A good crisis for George Soros
in Sox First, on March 26, 2009
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George Soros is having a very good crisis. When the wheels started coming off in 2007, Soros came out of semi-retirement and took back control of his Quantum investment fund. By year's end, Qu...
New directions on the IFRS roadmap
in Sox First, on March 25, 2009
...g it's vague and there are too many inconsistencies. But the real reason would be the financial crisis, something the bean counters seem to acknowledge. "It would be reasonable to conclude th...
Market soars as trade collapses
in Sox First, on March 24, 2009
...er of 2008 there has been little cause for optimism in the outlook for trade in 2009. The financial crisis has disrupted the normal functioning of the banking system and deprived firms and individuals...




