Tuesday, 31 January 2012

Abigail Noble: Impact Investing: How Do We Harness the Hype?

There is a lot of hype about impact investing. Investors speak of a 1 trillion USD sized market. Social enterprises reposition their business model and restructure their financial model to attract, absorb and grow through investor capital. Despite the enthusiasm, the actual volume of impact investment transactions remains minimal at best. The Schwab Foundation for Social Entrepreneurship took this week at Davos to convene several important discussions about how to harness the hype and create results that are both practical and impactful.

On Tuesday, before the Annual Meeting began, the Schwab Foundation for Social Entrepreneurship hosted a private discussion on the possible future scenarios for impact investing. The participants were asked to map out what the space could ideally look like in 2030, and work backwards to identify the constraints and facilitating factors for this ideal state. The intimate discussion, which included a handful social entrepreneurs and several mainstream investors who are just entering the space, was moderated by Professor Johanna Mair, Chair of the Global Agenda Council on Social Innovation and Editor of the Stanford Social Innovation Review.

Later in the week, the Schwab Foundation and the investors community of the World Economic Forum co-hosted a gathering that brought together some 30 CEOs, CFOs and Chief Investment Officers of the world`s most powerful private equity, venture capital, and investment management firms with 20 leading social entrepreneurs, as well as important players in the field including foreign investment authorities, pension funds and leading business professors. In an interactive and dynamic simulation, they were challenged to build a concrete investment case comprising both an economic and ESG (environmental, social, governance) bottom line. This exercise helped build empathy and a spirit of collaboration among the diverse participant group. The ensuring dialogue created actionable next steps and helped defuse some of the hype around the impact investment class.

Discussions like these are critical to help investors and social entrepreneurs start speaking the same language. Financial institutions like UBS, which recently launched at $100 million impact investment fund, have already made large commitments to the field. However, there is still a dearth of information for newer investors on how to navigate the impact investing sector.

For this reason the Schwab Foundation partnered with Credit Suisse to produce the report Investing for impact: how social entrepreneurship is redefining the meaning of return. Contributors include Jed Emerson, Cathy Clark, and Acumen Fund's Brian Trelstad and Rob Katz. The investment profiles of five social enterprises in the Schwab Foundation network are featured in the report. Working in sectors as diverse as health care, education, and job creation, these organizations are united by their innovative yet pragmatic approaches to solving social problems. They are:

? Felipe Vergara of Lumni in the US and Latin America; investment funds would be used to set up a Chile Fund to finance the university education of low-income students
? Asher Hasan of Naya Jeevan in Pakistan; equity and grant funding would underwrite a new initiative to provide health insurance to workers making less than $6 a day
? Patrick Shofield of The Indalo Project in South Africa; grants and low-interest loans would be used to establish twelve new craft producer groups
? Bam Aquino of Hapinoy in the Philippines; investment funds would allow Hapinoy to expand its model to less developed islands in the archipelago
? Kyle Zimmer of First Book; a loan will finance expansion of their services to reach 35,000 children in Mumbai, India.

The social enterprise sector is on the cusp of achieving significant scale and impact, thanks in no small part to the recent influx of investment capital. But to ensure the capital remains a tool to build the sector and not the other way round, investors must take the longer view, get comfortable assuming greater levels of risk, and be willing to deploy a mix of financial tools most suitable for social enterprises' needs. And take heart: you are laying the foundations for a new economy.

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Follow Abigail Noble on Twitter: www.twitter.com/ab_noble

Source: http://www.huffingtonpost.com/abigail-noble/impact-investing-how-do-w_b_1240237.html

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Monday, 30 January 2012

Expected Growth in the Communications Field Entices Students to ...

Our online degree rankings are primarily based on several factors, including faculty and program popularity, peer and educational quality, and general affordability.

communication-degreeAlthough Americans have been experiencing an economic downturn, according to a recent report from Veronis Suhler Stevenson, the U.S. communications industry is projected to increase at a 5.5 percent compound annual growth rate from 2010 to 2015 to $1.41 trillion. This growth comes on the heels of the explosion of Internet-based computer and mobile technologies, which are expected to continue to evolve and flourish. For prospective students, this proves there has never been a better time to obtain a communication degree or further their education with a Masters in Communication. Featuring the benefits and requirements for obtaining a communication degree or Masters in Communication, CommunicationDegreeGuides.org informs people about the important things to consider when advancing their education. These essentials include admissions prerequisites, majors, tuition and curriculum, and more. Visitors can also learn about the variety of career opportunities and potential salaries within the communications industry. Due to the flexibility and affordability of online degrees, an increasing number of people are choosing to pursue their communication degree through Internet-based programs. But according to CommunicationDegreeGuides.org, because online communication degrees can vary greatly in quality, it is essential to perform extensive research to find the top-rated program. ?To assist with that investigation, we?ve put together a rating of what we have determined to be the most effective online and distance studying master?s degree programs in communication, journalism and public relations,? states the site. ?Our online degree rankings are primarily based on several factors, including faculty and program popularity, peer and educational quality, and general affordability.? CommunicationDegreeGuides.org also offers a guide to some of the careers available to people once they have obtained their communication degree or Masters in Communications. These include jobs within the marketing, advertising, public relations, political science, financial, sales and non-profit sectors. Advanced communication skills are considered by companies to be one of the most desired traits in employees. To develop their interpersonal skills even further and make themselves a more valuable asset to future employers, numerous people are choosing to acquire a higher degree. To learn the benefits of obtaining a communication degree or Masters in Communication, visit http://www.CommunicationDegreeGuides.org About CommunicationDegreeGuides.org: CommunicationDegreeGuides.org provides visitors with the array of benefits associated with acquiring a communications degree or masters in communication. Featuring an assortment of information pertaining to the communications field, people can read about topics such as typical salary ranges, available positions, education requirements and prerequisites and more.

Source: Press Release Distribution

Source: http://pressreleaseexamples.net/expected-growth-in-the-communications-field-entices-students-to-obtain-a-masters-in-communication

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Sunday, 29 January 2012

Ex-soldier behind Papua New Guinea mutiny arrested (AP)

PORT MORESBY, Papua New Guinea ? A retired colonel who attempted to take over Papua New Guinea's military and ordered the prime minister to step down has been arrested.

Police spokesman Dominic Kakas said Yaura Sasa was arrested Saturday night in a suburb of Port Moresby, the capital. He said Sunday that Sasa had yet to be charged with a crime.

Sasa led a small group of soldiers in a mutiny Thursday in which the military's top commander was briefly held under house arrest. The mutiny was part of a power struggle in which Prime Minister Peter O'Neill and former Prime Minister Michael Somare claim to be the rightful leader of the South Pacific nation.

Sasa demanded that O'Neill step down within a week to make way for Somare, who appointed Sasa defense chief after being removed from office.

Parliament replaced Somare with O'Neill in August while Somare was getting medical treatment outside the country. Papua New Guinea's Supreme Court sided with Somare last month, but O'Neill continues to have support from lawmakers.

Somare issued a statement Sunday repeating his call to be reinstated, and calling on police and the military to join him.

Source: http://us.rd.yahoo.com/dailynews/rss/africa/*http%3A//news.yahoo.com/s/ap/20120129/ap_on_re_as/as_papua_new_guinea_mutiny

revenge

Thursday, 26 January 2012

Jennifer Diley Calls BS on Steven Tyler, American Idol


Jennifer Diley auditioned for American Idol in San Diego Sunday - on an episode that will be replayed at 8 p.m. tonight on Fox - and did not make the Hollywood cut. Case closed, right?

Not so much.

The aspiring singer, who donned a tube top and very short shorts, has gone public with complaints over producers forcing her to choose from a list of "flirty" songs. (She ended up covering "With You" by Jessica Simpson and "Hero" by Mariah Carey, neither of which she had rehearsed.).

Diley is also apparently mad at Steven Tyler because he supposedly told her off-air that he loved her outfit... and then remained silent while she was mocked for it during the audition. The nerve!

Informed off this random complaint, Tyler's manager told TMZ: "You are telling me some provocatively dressed woman is claiming Steven Tyler flirted with her? I am shocked."

As for auditions of people who can actually sing, we recommend fans keep an eye on Ashley Robles. She has serious potential.

Source: http://www.thehollywoodgossip.com/2012/01/jennifer-diley-calls-bs-on-steven-tyler-american-idol/

october 21 2011

Wednesday, 25 January 2012

Jerry Ashton: Hip Hop: Time to Occupy It

"Hip Hop was stolen from us just like the economy was stolen from Americans by Wall Street," declares famed hip-hop photographer, 'Brother Ernie' Paniccioli.

And, he finds this to be grand theft at its worst. "As close as I can determine, hip hop earns between $250-500 billion a year. This includes ticket sales, hip hop clothing and merchandise, books, magazines and record sales as well as hip hop themed movies, DVD's etc. There is no 'trickle-down.' It all goes to the 1 percent at the top."

Any man who reveres David Lynch, John Coltrane, Richie Havens, The Dalai Lama, Public Enemy and Lee "Scratch" Perry and has done books on Punk, Hip Hop and Collage, is a member of The Universal Zulu Nation and a honorary member of The Black Panther Party is respected as a free thinker, if not a rebel.

Appropriately, he has gathered together a significant number of people who agree with him -- enough to make this movement and his Facebook page "Occupy Hip Hop Ernie Paniccioli," a must-visit site for music activists.

Relentless in his scorn, Ernie sees most of present-day hip hop and rap as being "the voice of the colonizer and the exploiter -- to make people who love hip hop into subservient consumers."

In Ernie's mind, what originated as a "voice for the voiceless" has become just one more way for Wall Street to extract money from people's pockets. "It is a war for the hearts and mind of our children," and he and his adherents are intent in promoting non-violent direct action and he is rallying them to "identify, unite and take action."

"It was first necessary to identify and target that which is wrong in commercialized rap and hip hop and how it is hurting us," Ernie says. (As example, the top 10 rap songs of 2009 were those that glorified the top 10 killers of black people: drugs, alcohol, unprotected sex, etc.)

"If you trace all of these things... follow the money... it all goes down to a certain small clique of criminal-minded people. It is organized, and it is criminal -- it is organized crime. And, we in the community are seriously considering a RICO action against this out-of-balance and out-of-control media."

Pride, courage, consciousness and clarity have been co-opted by people touting pimps and "hoes." "Hip hop was never pure, but it was organic. Today, this stuff is created in a lab by a mad scientist. Throw in a certain amount of profanity, the N-word, 'hate women' lyrics, violence and machismo, and you have a hit."

Ernie doesn't want to see the Occupy Hip Hop movement to become the music police, but a force to bring about a level music field in which everyone has a chance to be heard. Essentially, he feels the community is being subjected to the tyrannical equivalent of the musical 1 percent.

"How come we don't hear the music of the 99 percent?

We're trying to expand the vocabulary, and rap is an oral tradition. What once was used to bring people together now serves to separate them. Hip hop has always been here -- always a native vibe, a spiritual force that came from the people."

Ernie understands the power of social media in this struggle against mainstream media and leverages it in his Internet presence. "The FCC is asleep at the wheel, which is why we need to have our voices heard," Ernie declares. "Media has done all that they can do to suppress dissent and have their way.

This "dumbing down" is not accidental -- the dumbed-down masses are easier to control (and sell to), and we are sick of it."

Ernie goes into significant detail at Manifesto.com and his piece "So Much Things to Say" as well as his poem "Thank You" on YouTube as a self-described "Big Red Alarm Clock."

"You will better understand how to hold Hip Hop... that force that evolved from the outcry concerning the decimation of the inner city... what we have termed the the urban blight."

"Today's blight is the music that attempts to pass for hip hop and rap," Ernie growls.
(You can check out Ernie's Facebook Page here).

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Follow Jerry Ashton on Twitter: www.twitter.com/WrittenOffUSA

Source: http://www.huffingtonpost.com/jerry-ashton/hip-hop-time-to-occupy-it_b_1220881.html

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Monday, 23 January 2012

Minn. bear delivers at least 2 cubs on Internet (AP)

ELY, Minn. ? A 3-year-old bear in Minnesota has given birth to at least two cubs before an Internet audience.

Lynn Rogers of the Wildlife Research Institute, affiliated with North American Bear Center, says Jewel gave birth in a den near Ely to the first cub at 7:22 a.m. Sunday, and a second at 8:40.

According to the Duluth News Tribune (http://bit.ly/xuFrjP), Rogers says a third cub might have been born at 9:08 a.m., but the den camera's view was blocked.

Rogers and his colleagues recorded the birth of a bear named Hope in 2010. A Hunter killed Hope last year.

Jewel is the younger sister of Lily, who gave birth to Hope. A hunter killed Hope last year.

___

Online:

North American Bear Center: http://www.bear.org

___

Information from: Duluth News Tribune, http://www.duluthsuperior.com

Source: http://us.rd.yahoo.com/dailynews/rss/topstories/*http%3A//news.yahoo.com/s/ap/20120123/ap_on_re_us/us_internet_bear_sister

tom bradley

6 Things to Know Before Starting a Business

startup imageThis post originally appeared on the American Express OPEN Forum, where Mashable regularly contributes articles about leveraging social media and technology in small business.

An entrepreneur?s life can be a real roller coaster. Having started a few businesses in my career, I thought it would be useful to highlight some of the hard-won experience I?ve learned throughout the process ? the kind of advice I wish I?d known when I started my first, or even second, business.


1. Don?t Underestimate a Business Plan


If you?re not seeking outside funding at the start, it?s tempting to forgo writing out a formal business plan. However, taking the time to write out your business plan, forecasts and marketing strategy is a particularly effective way to hone your vision. All planning should center around two essential questions: How is my business serving a particular need or pain point, and does this represent a major market opportunity?

In addition, don?t overlook the exit strategy at the beginning. Do you want your children to take over the company? Do you want to sell it? It?s critical to think about these questions from the start, as the building blocks of your company (such as legal structure) should vary depending on your preferred final outcome.


2. Don?t Get Stuck in the Past


My husband and I launched our first online legal document filing service in 1997, and then re-entered the market with our second company in 2009. While our previous experience certainly gave us a leg up the second time around, we soon realized the market landscape had changed dramatically since our first company. We had to stop dwelling on previous competitors, customer needs and service expectations and write a brand new playbook.

The marketplace and your business plan are living entities; they?re continually in flux. Whether it?s your first company or fifth in a given market, you?ve got to keep asking: What do we need to do today?


3. Don?t Hire Friends


I form bonds quickly and make fast friends with people around me. While I generally consider this a positive trait, it has created some difficult situations when running a business. At times I have been reluctant to let employees go even though I know it?s not a good fit. If things aren?t working out between an employee and startup, it?s time to put feelings aside and trust that the person will find a better situation elsewhere.

Unfortunately, I?ve also learned that people can let you down, ranging from laziness to fraud. I still believe that faith in people is a good thing. However, blind faith can bring trouble.


4. Don?t Dive in Without a Plan


Just like the business plan, it?s critical to think through any initiative you wish to launch. When you?re in the midst of startup fever, it?s easy to get wrapped up with every new idea. However, be careful of losing focus. Moving forward is critical for any startup, and constantly switching directions can impede this forward progress. With each new idea, step back and think how it fits into your company?s overall goal and vision, then create a plan for how to make it happen.


5. Don?t Fall Into a Discount Trap


At the beginning, too many young companies feel the pressure to heavily discount their prices in order to win business. While customer acquisition is important, attracting customers at unsustainable price levels will just result in a race to the bottom. After all, raising your prices on goods and certain services can be a tricky proposition. I?ve learned that you?re better off in the long run focusing on how to bring more value to customers, rather than simply slashing your prices.


6. Don?t Be Afraid to Fail


Soccer coach Sven-Goran Eriksson once said, ?The greatest barrier to success is the fear of failure.? An entrepreneur?s path is uncharted and sometimes a little bumpy. It?s easy to get stressed or downright panicked, but you cannot let fear prevent you from following your dreams. Think of it this way: the sooner you fail, the closer you are to discovering what works.


Conclusion


While you can?t guarantee the outcome of any new venture, you can stack the odds in your favor. These are six lessons I?ve learned over time and countless others are out there. If you?re open, you can gain wisdom from everything you try and gather insight from fellow entrepreneurs. What do you wish you knew when you started your first business?

Image courtesy of iStockphoto, ineskoleva

Source: http://mashable.com/2012/01/21/6-things-starting-business/

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