Jerusalem Boardroom No. 199: Israel's competitive-edge
2014 has been a record year (and it's not over yet): $3.6bn have been raised by 26 Israeli companies on the New York Stock Exchange in initial, and secondary, public offerings, compared with $335mn in 1994 (Globes, October 31, 2014).
Nov 9, 2014 - 3:43:17 AM
Combating M&A Failure through Organizational Constitutions
Unfortunately, a "perfect storm" for big deals can quickly devolve into a crisis for employee engagement, as companies attempt to integrate not only operations, but also disparate organizational cultures. As cultures clash, companies can struggle to realize the efficiencies they need to improve their standing in the marketplace. The hard numbers tell the story of this disconnect: 40-60% of this year's mergers and acquisitions are expected to fail.
Oct 5, 2014 - 12:12:17 AM
National Communication Expert Shares 4 Tips for Overcoming 'Fake Talk' to Build Employee Trust
The 2014 APA Work and Well-Being Survey fixed the spotlight on the breakdown of trust in U.S. workplaces. Nationally recognized communications expert John Stoker offers 4 conversation tips curated from his new book Overcoming Fake Talk that are guaranteed to help solve the issue of low-trust professional relationships.
Sep 9, 2014 - 7:53:35 PM
OECD: Israel attracts foreign investors
The Gaza War has demonstrated the impressive performance of the Iron Dome short-range missile defense system, the Trophy active defense system for tanks and armed personnel carriers, and additional Israeli- developed military systems. This is enhancing respect for Israel's defense and commercial high tech sector, and increasing interest in buying Israeli technology products and acquiring -- and investing in -- Israeli high tech companies.
Aug 24, 2014 - 12:15:35 AM
Scammers Pose as E-ZPass to Collect 'Unpaid Tolls'
Marlborough, MA - Using E-ZPass this summer? Watch out. Scammers are posing as E-ZPass in emails and claiming to collect unpaid tolls. The emails carry viruses that infect your computer and can open you up to identity theft.
Jul 23, 2014 - 2:17:24 AM
Quick Tips on Raising Capital
Understanding your business model is an important part of the investor's job. Investing in the wrong business model could cost the investors' clients millions of dollars and ruin his or her reputation or credibility. Tell the investor(s) how you plan to generate income, pay expenses, pay taxes, make a profit and sustain business operations in a strong or weak economy and in a competitive business environment.
Jun 22, 2014 - 10:17:15 PM
Israel embraced by the global business community
Liu Yandong, Vice Premier of China's State Council: "[Israel reflects] diligence, wisdom, creativity and perseverance.... China and Israel signed science and technology cooperation agreements in 1993 and 2010.... China and Israel cooperation in science, technology and innovations (STI) has taken deep roots, blossoming and yielding fruitful results.... China is Israel's largest trading partner in Asia and Israel's third largest trading partner globally.... Enhancing China-Israel STI cooperation will bring more benefits to the peoples of both countries...." (Jerusalem Post, May 17).
Jun 6, 2014 - 10:05:34 AM
Win at Work
Winning at Working: The Things We Say
A three hour delayed connecting flight in Minneapolis created headaches
for me and other business travelers seeking to still reach their
destinations that day. All seats in the narrow gate area were filled and
briefcases, roller-boards, and more passengers occupied available floor
space. Every half hour the gate agent updated us on the status of a
part being flown in to fix a rather minor, but important, mechanical
issue on our plane heading to Boston.
May 29, 2014 - 4:31:40 PM
Global Confidence in Israel's Long-Term Viability
Intel is investing, additional, $6bn in its Israeli research & development centers and manufacturing plants, which currently employ 9,800 persons, expecting to add 1,000 employees, mostly in R & D. The current $3.5bn annual export by Intel -- out of Israel - is expected to rise by $1bn-$2bn annually. Intel's annual operation cost in Israel is $1bn (Globes Business Daily, May 1, 2014).
May 16, 2014 - 7:40:30 AM
Cut Through the Clutter & Connect with Clients - 5 Benefits of Writing a Business Book
We've entered the information age, and with it comes information overload. Increasingly, people are inundated with sales calls, spam mail, and other marketing materials cluttering their mailboxes, email accounts, and televisions. People are tuning out. Direct mail ends up in the trash, emails are deleted upon receipt, and buying radio or television airtime is too expensive. So how can an expert or business break through the clutter, spread an idea, and connect with potential clients? The answer: write a business book. The benefits of writing any book are many, but here are five powerful benefits to writing a business book in particular.
May 15, 2014 - 9:32:28 AM
How to Avoid Scams on Craigslist
Craigslist.org can be a great place to find deals on used vehicles, electronics, appliances and other major items. But watch out for a new, elaborate scam that's taking advantage of bargain hunters.
May 15, 2014 - 9:27:01 AM
Israel's Splendid Global Integration
Many Israeli stocks trade in the US, making it simple for Americans to invest in the country.... Steve Schoenfeld, chief investment officer of BlueStar Indexes: 'It's a small country with a very large global footprint, and it bats well above its average in all of the metrics that define a successful economy.' Even when much of the developed world was retrenching in 2009, Israel was able to eke out modest growth. Since then, the nation's economy has been growing at nearly twice the pace of the US economy.
Apr 26, 2014 - 12:15:34 AM
Pinterest Gift Tool helping Shoppers and Retailers
In early March, the social media platform "Pinterest" rolled out its Gifts Feed, which helps users to find gifts based on budget and it's hard to tell who's happier about this new feed: shoppers or merchants, after all, the gift feed consists of only Product Pins, which pull information from the product's site such as availability and price.
Apr 16, 2014 - 12:05:46 AM
BEC: Eradicating Skin Cancer Naturally and Reversing Skin's aging process
BEC not only has pronounced anticancer properties but it harboured many other beneficial properties. BEC is produced in plants as a secondary metabolite to aid in the growth and development of plants but is not required for the plant to survive. In order for the plant to stay healthy, secondary metabolism plays a pinnacle role in keeping all the plants' system working properly. In particular, in plants the BEC secondary metabolite is used to fight off pathogens such as bacteria, fungi, viruses etc.
Apr 2, 2014 - 2:07:30 AM
Israel's Enhanced Global Integration
Prime Minister Cameron's meetings in Israel are primarily about business, not the Kerry Plan. Look at who is on the plane with him: the Trade Minister, the CEO of the London Stock Exchange, the UK Chief Technology Officer, the Chief Technology Officer of Talk Talk, the Europe CEO of Balfour Beatty, the Chairman of Princess Production, the President of GSK's Pharmaceuticals R&D, the Chairman of Arup UK Division, the ASOS' Strategy Director, the founder of Kiwi Power, the Chairman of MyOptique, CEO of Tura, the CEO of Tech City.... [Israel expands] free trade agreements with the European Union, the US, the European Free Trade Association, Turkey. Mexico, Canada, Jordan and Egypt.... [According to the] FCO, 'Israeli innovations give British companies a global competitive edge.'"
Mar 21, 2014 - 8:20:05 AM
An Alternative to Alternatives?
The pace of launches for these vehicles has tripled since 2009; Goldman Sachs predicts that alternative mutual funds could represent a $2 trillion opportunity for asset managers, capable of growing 15-20% per year over the next 5-10 years. To put this into perspective, the hedge fund industry as a whole is currently just over $2 trillion. Much of this growth has been focused on long/short equity and multi-manager strategies as retail and institutional investors search for mutual funds with lower correlations, better risk adjusted after-fee returns, and enhanced yield and protection from a poor bond market outlook.
Mar 5, 2014 - 12:10:05 AM
BBB offers Business & Consumer Tips to Avoid Tax Identity Theft
Marlborough, MA - Tax season is here and the Internal Revenue Service (IRS) is emphasizing online services this year to help consumers navigate the hectic tax filing season. Better Business Bureau Serving Eastern MA, ME, RI & VT is encouraging taxpayers consider the following tips in order to avoid the rapidly growing identity theft scam.
Feb 20, 2014 - 4:33:03 AM
How Isolated is Israel?
"Funds from the US, Europe and China are showing interest in dozens of Israeli companies that will be forced on to the auction block by Israel's efforts to increase competition.... The sale [of dominant Israeli companies] is required by a law passed in December, 2013 to loosen the grip conglomerates have on the economy.... [Israel's economic] growth is projected to outpace both the US and the euro area this year and next.
Feb 16, 2014 - 12:15:14 AM
TransUnion Consumer Survey reveals pitfalls in human relationships
A third of Americans surveyed (33 percent) said bad budgeting skills was their spouse/partner's personal finance habit that bothered them the most. Additional 18.5 percent said not checking his or her credit score, 17.1 percent making late payments or missing payments, 16.3 percent said accumulating too much debt and 15.2 percent said being careless with personal information.
Feb 11, 2014 - 5:52:38 AM
Telephone 'cramming' a new way to 'scam'
Marlborough, MA - Better Business Bureau serving Eastern Massachusetts, Maine, Rhode Island and Vermont (BBB) is warning cell phone users about a new scam that can result in unauthorized charges appearing on their monthly statement. The practice of third parties placing unauthorized charges on wireless accounts is called "cramming." If you believe you have been a victim of this scam, be sure to alert your cell phone carrier immediately and keep an eye on your cell phone bill. The earlier you document the fraud, the better your chances of having some or all of the charges removed.
Feb 6, 2014 - 12:07:28 AM
Data Privacy Planning for Small Businesses
Jan 31, 2014 - 12:17:31 AM
2013 BBB Recovers 51.5 Million Dollars for customers in Disputed Transactions
Customers who filed complaints against businesses located in our service area disputed over 51.5 million dollars in transactions, up 62 percent over 2012. BBB was successful in resolving 82 percent of all complaints filed.
Jan 31, 2014 - 12:05:08 AM
Is Israel boycotted? Israel's high tech growing in 2013!
An exclusive angel conference - an Angel Accredited Investor trip to Israel - will take place at the Ritz Carlton Herzliya Beach, on February 5-6, 2014, organized by the NYC-based Sunrise Securities Corp. (www.sunrisecorp.com) and coordinated via Zion Tech (www.ziontechfund.com). Microsoft, Ernst & Young and Checkpoint Solutions have joined Zion Tech as strategic partners. A thorough due-diligence has qualified 10 Israeli start-ups to make presentations to angels, who would consider an investment of $25,000-$100,000 or more.
Jan 18, 2014 - 12:35:15 AM
Is Israel Isolated?
One Israeli official notes, with pleasure, that in six hours of talks with the Chinese leadership, 'they spent roughly 10 seconds on the Palestinians', while revealing 'an unquenchable thirst for Israeli technology.' The Israelis say that Latin Americans also tend to be more interested in economics and technology than the political issues that preoccupy the Europeans and Americans.... I travelled to Israel expecting to find a country that was excessively paranoid. I left wondering whether the problem might, in fact, be excessive complacency."
Dec 21, 2013 - 12:15:54 AM
IBHS Commends DHS Report Highlighting the Importance of Building Codes
TAMPA, FLORIDA (Dec. 9, 2013) -- The U.S. Department of Homeland Security (DHS) recently released a report entitled Including Building Codes in the National Flood Insurance Program (FEMA), which discusses the feasibility of including model building codes in the National Flood Insurance Program (NFIP). The study will be used by Congress to consider whether to make adoption and enforcement of model building codes mandatory for communities participating in the NFIP program.
Dec 10, 2013 - 12:05:34 AM
CNN: Big Tech Scrambles for Israeli Firms
Mexican billionaire, Carlos Slim: "The Slim Group will take part in additional investments in Israel. We like to have our finger on the pulse of new technologies, and Israel is a world leader in this field. We are interested in Israeli technology developments." Earlier this month, Slim's America Movil SAB de CV participated in a $60MN round of private placement by Israel's Mobli, which developed a mobile social network photo and video-sharing platform (Globes, Nov. 28)
Dec 7, 2013 - 12:42:33 AM
Engaging Outraged Stakeholders
Engaging Outraged Stakeholders is the first book of its kind, giving readers an exhaustive manual concerning stakeholder engagement. It features detailed examples of this work through true success stories, as well as some sobering, frank words on the potential for failure. However, by following the steps the authors outline for successful engagement, and heeding the many wise words of advice, readers will feel that nearly any conflict can be successfully mediated. Whether that conflict is in the boardroom, the office, or between friends or family, readers will be inspired to follow the authors' sage counsel and work through it to find common ground and, hopefully, progress for the good of all parties involved.
Dec 7, 2013 - 12:40:31 AM
Support Small Businesses on November 30th
With your help, Small Business Saturday could be even bigger this year. Get involved by helping your community prepare, promoting your local businesses, and encouraging your friends and family to "Shop Small." And don't forget to go out and shop at your local businesses on November 30th! The more businesses and shoppers that get involved, the bigger and more beneficial the day will be for local communities.
Nov 20, 2013 - 5:30:03 AM
Child Safety Protection with The Locca BuddyPack
Parents can attach the BuddyPack's LoccaPhone, the world's most sophisticated GPS tracker, to help know where their child is located at any given time providing them the peace of mind they deserve.
Nov 8, 2013 - 8:33:18 PM
The London Economist Intelligence Unit Praises Israel's High Tech
Israel's high tech companies raised $660MN in the 3rd quarter of 2013 -- the largest amount in any three month period since 2000. Those companies have also chalked up some significant recent successes, following a series of acquisitions by US-based technology companies. The most notable was the $1BN sale of Waze to Google in June.
Nov 8, 2013 - 8:23:32 PM
Bankable Leadership: Happy People and Bottom-Line Results: How Bankable Leaders Deliver Both
Right-side leaders drive results so aggressively that they leave a "Trail of Dead Bodies." This leader requires grueling hours, is never satisfied, and withholds recognition lest employees become complacent. Though right-side leaders help you "up your game" initially, in the long-term, you suffer both physically (from over-work) and mentally (from lack of appreciation).
Oct 28, 2013 - 2:30:31 PM
The Wall Street Journal praises Israel's high tech
Israel is a global leader in the development of water technologies. Export of water technologies was $2BN in 2012, 170% increase in six years, expected to reach $2.2BN in 2013. 280 Israeli companies develop water technologies, 150 are export-oriented (Globes, Oct. 22).
Oct 28, 2013 - 2:27:15 PM
Better Business Bureau Warns Real Estate Offices About Targeted Scam
Real estate offices and agents are being warned of a phishing scam that targets them. The messages are fake Better Business Bureau emails that claim the company is being investigated, and threaten legal action if the receiver does not respond with more information. However, links in the emails lead to websites that ask for detailed financial information. Some of the emails contain attachments that may include viruses or other malware.
Oct 20, 2013 - 12:13:35 AM
Accelerated investments in Israel's high tech
Since January, 2013, the following Israeli companies raised funds in Wall Street Initial Public Offerings (IPOs): Keryx - $70MN, MedGenics - $32MN, Delek USA - $355MN, Cimatron - $15MN and $16MN, InspireMD - $25MN, Even Keisar - $181MN, AlCobra Pharma - $25MN, Kamada - $59MN, StrataSys - $481MN, EnzymoTec - $62MN. (Globes, Oct. 11).
Oct 20, 2013 - 12:10:00 AM
Shoe Carnival Raises Awareness for Breast Cancer Research
"This campaign to increase awareness of the disease touches the lives of so many people and families," said Lisa Rosenbaum Shoe Carnival Vice President of Womens' Footwear and Accessories. "We are thrilled to participate and aid in the research and critical funding to detect this disease in its early stages and lead to a cure!"
Oct 1, 2013 - 11:24:41 PM
Reps. Michaud and Denham Introduce "IRS Rulemaking Fairness Act"
On September 25th Representatives Mike Michaud (D-ME) and Jeff Denham (R-CA) introduced a bipartisan bill to provide small businesses a voice when it comes to Internal Revenue Service (IRS) rulemaking. Their bipartisan bill, the IRS Rulemaking Fairness Act (H.R. 3169), would add the IRS to the list of agencies required to certify that a proposed rule will not have a significant impact on small businesses or convene an advocacy review panel and publish a regulatory flexibility analysis. The legislation also includes language to clarify that the IRS's rulemaking must comply with existing regulatory review processes like the Regulatory Flexibility Act (RFA).
Sep 29, 2013 - 12:25:27 AM
10th Annual National Preparedness Month
National Preparedness Month is a nationwide effort to increase awareness and encourage individuals and communities to prepare for emergencies. This year's theme, "YOU Can Be the Hero," encourages all Americans to take an active part in preparing and planning for disasters and emergencies.
Sep 17, 2013 - 7:07:27 AM
Israel's high-tech: a unique contribution to the US economy
The San Francisco and NY-based FTV Capital invested $40MN in Israel's Credorax, joining prior investors such as Blumberg Capital and Japan's Mobile Internet Capital. Blumberg Capital invested $3MN in Israel's FeeX (Globes, August 29, 2013).
Sep 8, 2013 - 12:33:47 AM
Win at Work
Winning at Working: Workplace Ladder Fuel
Maybe you received an email seeking applicants as paid mystery shoppers
in your area, or offering cash in exchange for filling out online
surveys. Or you heard theaters used subliminal advertising to increase
sales of popcorn and soft drinks. Maybe it was the "send old shoes, get a
new one free" Nike promotion that caught your attention, or the
discovery that you can cure disease by drinking four glasses of water
Aug 26, 2013 - 3:53:54 PM
Tips on Finances for Newlyweds
Marlborough, MA - August 22, 2013 - You've survived planning a wedding and honeymoon, and are now ready to live a blissful life together. But before you submerge yourself in a happily-ever-after fairy tale, there a few things that need to be in order. You and your spouse need to say hello to the elephant in the room: money.
Aug 23, 2013 - 5:49:39 AM