How to take your business global; All from the comfort of your home, by an entrepreneur now turning over $3 million a year.

How to take your business global

March 10, 2014

Jellaine Ross

All from the comfort of your home, by an entrepreneur now turning over $3 million a year. Read more of this post

As the Web Turns 25, Its Creator Talks About Its Future

INTERNET MARCH 11, 2014, 7:00 PM  47 Comments

As the Web Turns 25, Its Creator Talks About Its Future

By NICK BILTON

In 1989, Tim Berners-Lee, a software engineer, sat in his small office at CERN, the European Organization for Nuclear Research near Geneva and started work on a new system called the World Wide Web. Read more of this post

Kumar Mangalam Birla on the Principles and Practices of the Aditya Birla Group

Kumar Mangalam Birla on the Principles and Practices of the Aditya Birla Group

by Sourav Majumdar | Mar 12, 2014

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No other business group spells Marwari enterprise and success as much as the Aditya Birla group. The man at the helm, Kumar Mangalam Birla, explains the principles and practices that have shaped its success Read more of this post

Using Nostalgia for an improved brand communication strategy; Brands use nostalgic theme to expand their target market and create a link between generations

Using Nostalgia for an improved brand communication strategy

by Aurelie Kessous | Mar 12, 2014

Brands use nostalgic theme to expand their target market and create a link between generations

Today, many brands are jumping on the nostalgia bandwagon. This retro trend has become an international phenomenon and is affecting the entire marketing mix. Some brands have developed products evoking nostalgic flavor of childhood memories. In the food industry, for example, Chuao chocolatier has recently introduced a Rocky Road bar that contains salted almonds and vegan marshmallows. Other brands have chosen to re-run their best historical ads, such as the detergent brand Persil, for its 100th anniversary to capitalize on its longevity accompanying consumers in their lives from the “good old days” until now, thus enhancing brand credibility and authenticity. Finally, a nostalgic atmosphere can be achieved through the interior design. Jack Daniel’s whiskey has come up with a classic cool with a special edition to mark Frank Sinatra’s 100th birthday. Launched last December at Las Vegas’ airport with interactive stations for tasting, viewing and listening to all things Frank Sinatra did, the initiative expanded to 200 airports, coinciding with the evocative “Legend” campaign. Read more of this post

Scientists Have Discovered Genghis Khan’s Secret Weapon

Scientists Have Discovered Genghis Khan’s Secret Weapon

LESLIE BAEHR SCIENCE  MAR. 12, 2014, 12:37 AM

In 2010, two scientists researching wildfires in Mongolia’s Khangai Mountains stumbled upon the secret that led to the largest connected land empire in history: the Mongolian Empire. Read more of this post

Why IPOs don’t always offer more transparency or governance

Why IPOs don’t always offer more transparency or governance

March 12, 2014: 5:00 AM ET

Moelis & Co.’s IPO highlights a big loophole for public companies.

By Sanjay Sanghoee

FORTUNE — When Moelis & Co., the boutique investment bank that has advised on $1 trillion of transactions since 2007, filed for an IPO last week, it was following in the footsteps of similar advisory firms like Lazard Ltd. (LAZ), Evercore Partners (EVR), and Greenhill & Co. (GHL), all of whom have done well as public companies. Read more of this post

Here’s How Much Real Estate A Million Dollars Buys You In Every Major US City

Here’s How Much Real Estate A Million Dollars Buys You In Every Major US City

ANDY KIERSZ FINANCE  MAR. 11, 2014, 11:29 PM

How much housing you can buy with a million dollars very much depends on what city you are looking to buy in.

According to Knight Frank data cited by CNBC’s Robert Frank, a million dollars goes a lot further in Cape Town than it would in Monaco. Read more of this post

Can You See the Opportunity Right in Front of You?

Can You See the Opportunity Right in Front of You?

by Warren Berger  |   12:00 PM March 12, 2014

Do you find your household thermostat to be endlessly fascinating? How about that smoke alarm installed in your basement — spend much time gazing at it with wonder? Tony Fadell did. The founder of Nest has had a lifelong penchant for looking at mundane everyday household devices and wondering Why hasn’t somebody improved this thing? That tendency led him to reinvent the aforementioned gadgets — and recently resulted in a $3 billion payday, when Nest was acquired earlier this year by Google. Read more of this post

Surviving a Start-Up’s Transition from Projects to Processes

Surviving a Start-Up’s Transition from Projects to Processes

by Derek Lidow  |   11:00 AM March 12, 2014

“Why change my leadership style? It got us to this point, where we’ve established a real beachhead in our market.”

These are the famous last words of many an entrepreneur. Failing to realize that critical transition points in the growth of an enterprise require leaders to shift emphasis, they blindly stick with what has been working up to that point. The company stalls. Confusion grows among key team members, investors, customers and suppliers.  And, ultimately, the failure to understand the demands of the transition lead to the failure of the company itself. Read more of this post

Malaysia’s IHH Mulls Bid for Australia’s Healthscope

Malaysia’s IHH Mulls Bid for Australia’s Healthscope

Deal for Hospital Company, Put on the Block by TPG and Carlyle Group, Could Be Worth $5 Billion

CYNTHIA KOONS, GILLIAN TAN and P.R. VENKAT

March 10, 2014 6:31 a.m. ET

Malaysia’s IHH Healthcare 5225.KU -1.31% Bhd. is considering a bid for Australia’s Healthscope, a hospital and pathology company put on the block by private-equity owners TPG Capital and Carlyle Group CG -0.96% LP in a deal that could be worth $5 billion, people familiar with the matter said. Read more of this post

It’s Time To Rethink Robert Shiller’s Famous Stock Market CAPE Ratio

It’s Time To Rethink Robert Shiller’s Famous Stock Market CAPE Ratio

SAM RO MARKETS  MAR. 12, 2014, 7:55 PM

How dare anyone challenge the sanctity of the cyclically-adjusted price-earnings (CAPE) ratio, arguably the most respected measure of stock market value. Read more of this post

Let Your Team Help You Manage Your Time

Let Your Team Help You Manage Your Time

by John Beeson  |   8:00 AM March 11, 2014

Good managers study time management techniques. They analyze their calendars and prioritize their to-do lists in an effort to eke out a few percentage points of extra personal productivity — which is all to the good. Great managers, by contrast, realize a fundamental fact: their time, not budget or staffing levels, is their scarcest resource and their team must be staffed and organized in a way that will maximize their own, personal impact. Read more of this post

GEORGE SOROS: Europe Is Just Entering 25 Years Of Stagnation

GEORGE SOROS: Europe Is Just Entering 25 Years Of Stagnation

SAM RO MARKETS  MAR. 12, 2014, 8:20 PM

George Soros talked about Ukraine and Europe with Bloomberg TV’s Francine Lacqua.

“Japan is just trying to break-out of 25 years of stagnation, where Europe is just entering,” he warned. “The European Union is not a nation. It’s an incomplete association of nations and it may not survive 25 years of stagnation” Read more of this post

The Irresistible Power of Storytelling as a Strategic Business Tool

The Irresistible Power of Storytelling as a Strategic Business Tool

by Harrison Monarth  |   9:00 AM March 11, 2014

It’s not often that you hear Budweiser and Shakespeare mentioned in the same breath. But according to new research from Johns Hopkins University, the Bard’s deft application of storytelling techniques featured prominently in the beer company’s Super Bowl commercial. Read more of this post

Should Big Companies Give Up on Innovation?

Should Big Companies Give Up on Innovation?

by Scott Anthony  |   10:00 AM March 11, 2014

“Why bother?”

It’s a common question thrown at me by entrepreneurs, venture capitalists, or the more cynically minded corporate leaders. Read more of this post

How to Have a Eureka Moment

How to Have a Eureka Moment

by David Burkus  |   1:00 PM March 11, 2014

In the ancient world, the Greeks believed that all great insights came from one of nine muses, divine sisters who brought inspiration to mere mortals. In the modern world, few people still believe in the muses, but we all still love to hear stories of sudden inspiration. Like Newton and the apple, or Archimedes and the bathtub (both another type of myth), we’re eager to hear and to share stories about flashes of insight. Read more of this post

Candy Crush Saga developer to make history when it floats on stock market; Games studio King Digital will be Britain’s most valuable publicly listed internet company after pricing New York IPO at $7.6bn

Candy Crush Saga developer to make history when it floats on stock market

Games studio King Digital will be Britain’s most valuable publicly listed internet company after pricing New York IPO at $7.6bn

Juliette Garside

theguardian.com, Wednesday 12 March 2014 15.28 GMT

An average of 144 million people were daily players of Candy Crush Saga and other King Digital games in February 2014.  Read more of this post

Assess Your CEO’s Strategic Fit Over Time

Assess Your CEO’s Strategic Fit Over Time

by Marc Effron and Miriam Ort  |   9:00 AM March 12, 2014

Roger Federer can arguably be considered the greatest tennis player of all time, having won 16 Grand Slam titles—and yet he lost every French Open Championship he played against Rafael Nadal.  Few would suggest that Nadal was a better overall tennis player. But on the clay courts of Paris’ Roland Garros stadium, he was the best player. And even though no one would deny Roger Federer’s overall tennis prowess, no one expects that he would win in every conceivable situation. So why do we assume that our CEOs will? Read more of this post

Our economic yardsticks are broken – they offer no warning of catastrophe; The government’s central measure of success should be improvements in the incomes of typical families, not GDP

Our economic yardsticks are broken – they offer no warning of catastrophe

The government’s central measure of success should be improvements in the incomes of typical families, not GDP

Andrew Harrop

theguardian.com, Wednesday 12 March 2014 09.00 GMT

In next week’s budget the chancellor, George Osborne, will announce the best economic headlines for years: solid economic growthfalling unemployment and low inflation. But headlines can deceive: the last time the main economic indicators were this good was 2007 and we know what happened next. Read more of this post

Manchester is nurturing tech entrepreneurs with big ambitions

Manchester is nurturing tech entrepreneurs with big ambitions

With numerous tech events taking place and plenty of entrepreneurial spirit, the city has many advantages for startups

Jon Card

Guardian Professional, Wednesday 12 March 2014 10.55 GMT

Mancunians are well known for singing their city’s praises. They will often tell you they love Manchester and can effortlessly provide you with a list of reasons why you should too. In recent years, a steady line of successful pop acts and triumphant football matches have done the city’s story no harm either. Manchester’s inherent chutzpah helped the city to combat its post-industrial malaise and brought major events, such as the 2002 Commonwealth Games to the city, gaining it a significant legacy infrastructure. A more recent campaign coup was to bring the BBC and the resulting Media City into nearby Salford. Read more of this post

Tesco chief plays down fall in market share to near 10-year low

Tesco chief plays down fall in market share to near 10-year low

Philip Clarke admits Tesco has an image problem but insists: ‘It’s not about market share in the short or medium term’

Sarah Butler

theguardian.com, Wednesday 12 March 2014 12.06 GMT

Tesco boss Philip Clarke has played down the supermarket’s fall in market share to a near decade low, saying he is building the health of the business for the long haul. Read more of this post

Bill Gross’ $200m pay ‘not appropriate’, says PIMCO trustee; William Popejoy blasts boss of world’s largest bond fund, saying Bill Gross’ salary could pay for 2,000 teachers

Bill Gross’ $200m pay ‘not appropriate’, says PIMCO trustee

William Popejoy blasts boss of world’s largest bond fund, saying Bill Gross’ salary could pay for 2,000 teachers

By Katherine Rushton

4:50PM GMT 11 Mar 2014

Bill Gross is under pressure on a new front, after one of the trustees of his Pacific Investment Management Company said he is overpaid. Read more of this post

China’s public sector debt needs to be dealt with “immediately”, according to former Treasury minister Lord Sassoon

Lord Sassoon: China needs to resolve its debt

China’s public sector debt needs to be dealt with “immediately”, according to former Treasury minister Lord Sassoon

By Olivia Goldhill

2:03PM GMT 12 Mar 2014

China’s debt issues are the country’s biggest economic concern and need to be tackled, former Treasury minister and chairman of the China-Britain Business Council Lord Sassoon has said. Read more of this post

The Copper Market Meltdown Isn’t Just About China Slowing Down

The Copper Market Meltdown Isn’t Just About China Slowing Down

MAMTA BADKAR MARKETS  MAR. 12, 2014, 10:39 PM

Copper prices have been melting down.

Shanghai-traded copper futures fell over 5% on Wednesday hitting their lowest level since July 2009. Copper prices are down 8.2% in the last three trading sessions on the London Metal Exchange. Read more of this post

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