Posts Tagged ‘analysis’

Business Ethics in Business Competition

admin | Monday, July 6th, 2009 | No Comments »
 Business Ethics in Business CompetitionWith the majority of the rich world now having upgraded to IE7, did Google notice the way Microsoft have stolen search share? Did WE notice? In IE7 there is now an embedded web search facility in the toolbar at the ‘top right’ of the browser. Whilst Google can be selected as the search provider, did we think Microsoft would give up the search currency so easily? Not the same people that knocked Netscape into a cocked hat and into the sidelines of connected world control. But with world on constant alert of the software giant’s malpractice, it can’t be too high in profile. They chose a perfect way to unethically get people to stray from Google.
How they did it How? By not allowing the selection of a ‘regional’ Google as the search provider. Let’s take the case of a searcher in Canada. When searchers use Google.com for their searches they get a set of results. If they travelled across the border to the US, using Google.com for the same search would yield a different set of results again (some similarities, but different). Now back in Canada the user searches using Google.ca and gets different results again – this time the best optimised set of results. He’s in Canada and Google.ca is built for Canada and delivers the best results (Google.com gives results somewhere between the two because of the overwhelming recognition of .com as a first stop for many domains). The fact that for USA searchers it makes no difference at all gives Microsoft a leading time for regional users to become dissatisfied with the search leader Google before it’s flagged up as a ‘bug’. It’s a perfect mechanism to accomplish their plan of shifting some of that persisting favour Google has amongst web users.

Why don’t they just switch to local Google? You can try it. Selecting different search providers takes you to Microsoft’s web site from where you get a choice of providers. If you need a regional Google, you have to jump through hoops which the vast majority will not do. But even if they do, the selection doesn’t persist across browser sessions. Microsoft have to allow users to select a different search provider, who knows – someone may even want to use MSN. But the selection is only available from the broad companies – MSN, Yahoo, Google, Ask, etc. These other main search engines (Yahoo, MSN and Ask) have redirects in place that provide local results just as if they were using yahoo.co.uk, yahoo.ca, etc. Google is on their own in the way they provide regional results. Perfect then. Microsoft put up with Yahoo, but bitterly hate the Google that some of their best people are defecting to. The IE7 browser upgrade doesn’t permit people to easily select Google.ca (or other region) as their search provider – and even successfully jumping through the hoops they provide doesn’t allow the selection to persist. Users aren’t going to bother – over time they’ll notice the sub-optimal results but not work out why, they won’t see this search turf issue. They’ll go elsewhere – right into the arms of the next two – Yahoo and MSN.

The solution

Who know the best way for Google to beat this? But first they need to recognise it – we doubt they even know. Effecting a solution could start the first search world war. Consider the most blood curdling solution – Google developing their own browser. Could Microsoft ‘netscape’ it? Google have nearly as much money as Microsoft and so could fight them legally equally – but what would the famous Microsoft fighting with ‘time’ produce (as with Netscape)? Other solutions? Google could skew results locally when searching through this toolbar facility, so that effectively users would be seeing the same results as the google.co.uk or google.ca they should be using. Google could show nothing, no results at all for searches originating through this IE7 toolbar. Google could do what the other engines have done – show the same results for regional uses of .com as those searched for using google.co.uk (etc.), or redirect IP ranges to their regional engine.

Microsoft have skewed the results for searches outside the USA. It may seem minor, but companies in other countries don’t show up when searched for through the Microsoft utility – a solution is needed – wake up Google – work on this one.

By Baron Turner, Search Strategist at TurnerDow Search Engine Optimisation – where optimising web sites for search engines is our passion. Web Optimisation for the new connected world – let us help you make a success of your web presence. Let us help you get heard above the noise.

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Tags: business, competition, ethics, ethical, analysis

Chartered Financial Analyst Exam

admin | Wednesday, September 17th, 2008 | No Comments »

Chartered Financial Analyst Exam

Chartered Financial Analyst Exam Explained

Chartered Financial Analyst Exam Explained Chartered Financial Analyst ExamBelow is a short run down on Chartered Financial Analyst exams including what levels must be completed and what participants are tested on. The CFA exam is much different from the Certified Hedge Fund Professional (CHP) Designation, this article helps explain how.

To earn the CFA charter, you must successfully pass through the CFA Program, a graduate-level self-study program that combines a broad curriculum with professional conduct requirements, culminating in a series of three sequential Chartered Financial Analyst (CFA) exams. Level I exams are held in June and December. Levels II and III are only held in June.Candidates generally take one exam per year over three years and are written at a postgraduate level for financial professionals. Fees for the June 2008 exams range from $600 to $930, depending on the date at which the candidate registers to take the exam.

The Level I study program emphasizes tools and inputs and includes an introduction to asset valuation and portfolio management techniques. The Level II study program emphasizes asset valuation and includes applications of the tools and inputs (including economics, financial statement analysis, and quantitative methods) in asset valuation. The Level III study program emphasizes portfolio management and includes strategies for applying the tools, inputs, and asset valuation models in managing equity, fixed income, and derivative investments for individuals and institutions.

All three exams are administered on paper on a single day; the Level I exam is administered twice a year (usually the first weekend of June and December). The Level II and III exams are administered once a year, usually the first weekend of June. Each exam consists of two three-hour sessions. Level I is multiple choice – all information required to answer the question is contained in the question. Level II is item set – a vignette followed by selected response questions. To answer each question, the candidate must refer to the vignette as there is insufficient information in the question stem. Level III consists of a session of short-answer questions and a session that is item set. On the multiple-choice/item set sections, there is no penalty for wrong answers.The curriculum for the Chartered Financial Analyst Exam is based on a Candidate Body of Knowledge established by the CFA Institute. For exams in 2008 onwards candidates automatically receive the curriculum readings from CFA Institute when they register for the exam.

The curriculum includes Ethics and Professional Standards, Quantitative Methods (such as the time value of money, and statistical inference), Economics, Financial Statement Analysis, Corporate Finance, Analysis of Investments (stocks, bonds, derivatives, venture capital, real estate, etc.), and Portfolio Management and Analysis (asset allocation, portfolio risk, performance measurement, etc.)

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Analyst & Due Diligence Positions

admin | Tuesday, August 12th, 2008 | No Comments »

Analyst & Due Diligence Jobs

Please see below for open analyst and due diligence jobs within the hedge fund industry:

Finance Accounting Job Analyst & Due Diligence PositionsPosition #1: Operational Due Diligence Analyst (New York Tri-State Area)
A New York Tri-State area hedge fund of fund specializing in global investments is seeking an Operational Due Diligence Analyst to assess operational risks and identify potential control weaknesses of hedge funds and private equity funds that the firm intends to invest in. The position requires a good understanding of hedge fund and private equity fund structures, operational processes, controls and service providers.

  • Job Description: Research, analyze, and document the operational process and controls of investment advisors. Coordinate, prepare, and conduct due diligence site visits/calls with potential and existing investment advisors to evaluate their processes, policies, procedures and controls. Coordinate problem resolution with colleagues in related functional disciplines including Legal, Compliance and Product Management. Continuously benchmark and upgrade our processes to adjust for industry developments and improvements in best-practices
  • Required Skills: 3-5 years of Alternative Investment audit experience from BIG 4 or current due diligence experience from a FOF or Hedge Fund
  • Compensation: Base $90K-$110K before bonus

Apply: If you meet the required experience and skills for this position and would like to apply please send your resume and relevant background details to Ross Weil at RWeil@BOCStaffing.com

Finance Accounting Job Analyst & Due Diligence PositionsOpen Position #2: Senior Retail Analyst – The Senior Retail Analyst will be working with the senior team to design and build our research product in retail and restaurants.

This is a unique opportunity to help craft a sector and its associated offerings. We have access to and are currently vetting several proprietary databases and information sources that have proven extremely valuable in providing transparency into the fundamental drivers for many companies in the sector. Our highly differentiated approach, which triangulates across multiple proprietary data sets and other information, will allow our Retail team to provide insight that no other firm can match.

  • Responsibilities: Working with research and development and business development teams to craft a world-class product offering. Building out a research team for the retail sector, including hiring associates. Aggressively marketing the research product, including traveling regularly with Sales for client and prospect visits, talking intermittently to printed press and TV, and overseeing periodic industry expert dinners with clients. Working with the Director of Business Development to identify new unique proprietary sources of data in the Technology space that will allow us to triangulate our research and expand our coverage
  • Requirements: Minimum of 3 years covering retail and/or restaurant names on either the buy-side or the sell-side. Comfort with and passion for data. Outstanding verbal and communication skills. Sales-oriented mentality. Bachelor’s degree (MBA/CFA and/or advanced engineering degree preferable). Outstanding academic record from top institution(s). Minimum 4 years’ experience either on the buy-side or the sell-side or possibly from the industry for a particularly outstanding candidate.

Apply: If you meet the required experience and skills for this position and would like to apply please send your resume and relevant background details to Eric Krause at ersusgroup@comcast.net

Please email Richard@HedgeFundGroup.org to add your open position here now.

Not interested in these positions but interested in looking at other open hedge fund jobs? Please see HedgeFundBlogger.com’s Hedge Fund Job Listings page.

- Richard

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Public Relations Analysis: Reasons to Use Different Approaches in PR

admin | Wednesday, September 12th, 2007 | No Comments »
How could it when so many business, non-profit, government agency and association managers apparently believe public relations is all about creating some publicity by moving a message from one point to another using tactics like broadcast plugs, press releases and brochures?

When you think about it, that belief doesn’t make a whole lot of sense when the managers who hold that view have such an obvious need for public relations that leads directly to achieving their managerial objectives.

I’m talking about public relations that really does something meaningful about the behaviors of those manager’s important outside audiences that MOST affect the departmental, divisional or subsidiary unit they manage.

Perhaps most important, I refer to public relations that persuades those key outside folks to the managers’ way of thinking by helping move audience members to take actions that help each manager’s unit succeed.

With that kind of promise, how COULD the usual kind of tactical PR cut it?

Especially when PR’s underlying premise further sweetens the promise: people act on their own perception of the facts before them, which leads to predictable behaviors about which something can be done. When we create, change or reinforce that opinion by reaching, persuading and moving-to-desired-action the very people whose behaviors affect the organization the most, the
public relations mission is usually accomplished.

What they soon come to realize is that the right public relations planning really CAN alter individual perception and actually lead to changed behaviors among key outside audiences.

Should you count yourself among such managers, please remember that your PR effort must demand more than special events, news releases and talk show tactics if you are to receive the quality public relations results you believe you deserve.

And what a variety of results should come your way: politicians and legislators begin looking at you as a key member of the business, non-profit or association communities; new proposals for strategic alliances and joint ventures start showing up; welcome bounces in show room visits occur; capital givers or specifying sources begin to look your way; customers commence making repeat purchases; membership applications start to rise; prospects actually start to do business with you; and community leaders begin to seek you out.

Since they are already in the perception and behavior business, the PR pros on your staff can be of real use for your new opinion monitoring project. But be certain they really accept why it’s SO important to know how your most important outside audiences perceive your operations, products or services. In the final analysis, be sure they believe that perceptions almost always result in behaviors that can help or hurt your operation.

During your planning sessions with the PR staff, cover your plans for monitoring and gathering perceptions by questioning members of your most important outside audiences. Ask questions like these: how much do you know about our organization? Have you had prior contact with us and were you pleased with the exchange? Are you familiar with our services or products and employees? Have you experienced problems with our people or procedures?

Should someone suggest using a professional survey firm to do the opinion gathering work, be aware that it could cost considerably more than using those PR folks of yours in that monitoring capacity. So, whether it’s your people or a survey firm asking the questions, the objective remains the same: identify untruths, false assumptions, unfounded rumors, inaccuracies, misconceptions and any other negative perception that might translate into hurtful behaviors.

Now you must call for action on the most serious problem areas you uncovered during your key audience perception monitoring. And that means setting a public relations goal. Will it be to straighten out that dangerous misconception? Correct that gross inaccuracy? Or, stop that potentially painful rumor dead in its tracks?

It is obvious that setting your PR goal means you must set an equally specific strategy that tells you how to get there. Only three strategic options are available to you when it comes to doing something about perception and opinion. Change existing perception, create perception where there may be none, or reinforce it. The wrong strategy pick will taste like sorghum syrup on your anchovies. So be sure your new strategy fits well with your new public relations goal. You certainly don’t want to select “change” when the facts dictate a strategy of reinforcement.

Because you must prepare a persuasive message that will help move your key audience to your way of thinking, good writing becomes crucial. It must be a carefully-written message targeted directly at your key external audience. Assign the task to your very best writer because s/he must come up with really corrective language that is not merely compelling, persuasive and believable, but clear and factual if they are to shift perception/opinion towards your point of view and lead to the behaviors you have in mind.

How will you carry your message to the attention of your target audience? By selecting the communications tactics most likely to reach those key folks. There are many such tactics available. From speeches, facility tours, emails and brochures to consumer briefings, media interviews, newsletters, personal meetings and many others. But be certain that the tactics you pick are known to reach people just like your audience members.

Because the WAY in which you communicate can affect the credibility and fragility of your message, you may wish to unveil your corrective message before smaller meetings and presentations rather than using higher-profile news releases.

No doubt you’ve anticipated that you will need to begin a second perception monitoring session
with members of your external audience in order to compare how far your public relations program has come. The need for such a progress report will cause you to use many of the same questions used in the benchmark session. But now, you will be on strict alert for signs that the bad news perception is being altered in your direction.

Any slowdowns in the program should not be a source of concern since you can always speed things up by adding more communications tactics as well as increasing their frequencies.

At the end of the day, what you will have done is marshall the resources and action planning needed to alter individual perception leading to changed behaviors among your most important outside audiences. During which, you will have helped persuade those key folks to your way of thinking, and moved them to take actions that allow your department, group, division or subsidiary to succeed.

Please feel free to publish this article and resource box in your ezine, newsletter, offline publication or website. Word count is 1225 including guidelines and resource box.
Robert A. Kelly © 2006.

Bob Kelly counsels and writes for business, non-profit and association managers about using the fundamental premise of public relations to achieve their operating objectives. He has published over 230 articles on the subject which are listed at EzineArticles.com, click Expert Author, click Robert A. Kelly. He has been DPR, Pepsi-Cola Co.; AGM-PR, Texaco Inc.; VP-PR, Olin Corp.; VP-PR, Newport News Shipbuilding & Drydock Co.; director of communications, U.S. Department of the Interior, and deputy assistant press secretary, The White House. He holds a bachelor of science degree from Columbia University, major in public relations. Visit: PRCommentary.

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Carnegie WorldWide Long/Short | Hedge Fund Tracker Notes

admin | Monday, November 15th, 2004 | No Comments »

Carnegie WorldWide

Carnegie WorldWide | Notes

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