Financial Solutions Quotes

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A leader can bring the solution to people, but sometimes a leader has to bring the people to the solution.
Curtis L. Jenkins (Vision to Reality: Stop Working, Start Living)
Every great, successful person I know shares the capacity to remain centered, clear and powerful in the midst of emotional “storms.” How do they accomplish this? Most of them have a fundamental rule: In life, never spend more than 10 percent of your time on the problem, and spend at least 90 percent of your time on the solution. Most important, don’t sweat the small stuff… and remember, it’s all small stuff!
Anthony Robbins (Awaken the Giant Within: How to Take Immediate Control of Your Mental, Emotional, Physical and Financial Destiny!)
Her last brilliant solution to my financial plight was to be a dominatrix. She said I had the disposition for it. I'm pretty sure that just means I'm a grumpy bitch.
Sabrina Paige (Tackled)
Understanding the unique needs of each business is crucial in tailoring financial solutions that align with their objectives. It’s never a one size fits all when it comes to financing.
Hendrith Vanlon Smith Jr.
Writing was the solution to every problem—financial, emotional, intellectual. It had kept me company when I was a lonely child. It gave me an excuse to go places I would otherwise be unlikely to venture. It satisfied the edict my mother had issued many times throughout my life: “You have to make your own living; you never want to be dependent on a man.
Ariel Levy (The Rules Do Not Apply)
In reality, at the time I was being incredibly negative and seeing things worse than they were. I was using my pessimism as a shield. It was my feeble attempt at protecting myself from the pain of failed expectations: I’d do anything to keep from being disappointed once again. But in adopting this pattern, this same barrier that kept me out of pain also kept me out of pleasure. It barred me from solutions and sealed me in a tomb of emotional death where one never experiences too much pain or too much pleasure, and where one continuously justifies one’s limited actions by stating they’re “just being realistic.
Anthony Robbins (Awaken the Giant Within: How to Take Immediate Control of Your Mental, Emotional, Physical and Financial Destiny!)
more money is not a solution to poor financial management.
M.J. DeMarco (The Millionaire Fastlane)
If Americans actually understood the structure of our taxes, they would not only become angry, they might also find our economic and political systems intolerable because they are the cause of our unjust tax codes ... We could revolutionize the financial conditions of every American city and town—solve all or most of its tax revenue problems—if the property tax system were simply extended from tangible property to also include intangible property. If you want some quick solutions to our nation's fiscal problems, that would be one. Even on the simple basis of fairness, how can we justify having a property tax system that exempts the intangible property owned mostly by the richest amongst us? What a prime example of the Occupy movement's central point about the economic injustice perpetrated by the 1 percent against the 99 percent.
Richard D. Wolff (Occupy the Economy: Challenging Capitalism)
It turns out that for most people who have chronic diseases with deferred consequences, "improve my financial health" is a much more pervasively experienced job than "maintain my physical health.
Clayton M. Christensen (The Innovator's Prescription: A Disruptive Solution for Health Care)
Loan restructuring may be explored as a collaborative solution between commercial bankers and businesses facing financial challenges. In the event of crises, it may be the best option for everyone.
Hendrith Vanlon Smith Jr.
As you navigate your professional life, you will be faced with all kinds of trials and tribulations for which there will appear no feasible solution. Do you sit there trying to figure out what to do? No, you get moving. Problems—all problems—are solved not just by sitting and thinking, but by moving and doing.
Daniel Lapin (Business Secrets from the Bible: Spiritual Success Strategies for Financial Abundance)
The final neoliberal fallback is geoengineering, which derives from the core neoliberal doctrine that entrepreneurs, unleashed to exploit acts of creative destruction, will eventually innovate market solutions to address dire economic problems. This is the whiz-bang futuristic science fiction side of neoliberalism, which appeals to male adolescents and Silicon Valley entrepreneurs almost as much as do the novels of Ayn Rand.
Philip Mirowski (Never Let a Serious Crisis Go to Waste: How Neoliberalism Survived the Financial Meltdown)
Know that there are people to whom you are connected who are available to help you find the right job, to solve a puzzling issue that seems irreconcilable, to help you back on your feet, and to resolve financial difficulties. Everyone becomes a compatriot rather than a competitor. This is spiritual awareness as I practice it.
Wayne W. Dyer (There's a Spiritual Solution to Every Problem)
Why do people persist in an unsatisfying relationship, unwilling either to work toward solutions or end it and move on? It’s because they know changing will lead to the unknown, and most people believe that the unknown will be much more painful than what they’re already experiencing. It’s like the old proverbs say: “Better the devil you know than the devil you don’t know,
Anthony Robbins (Awaken the Giant Within: How to Take Immediate Control of Your Mental, Emotional, Physical and Financial Destiny!)
Cybersecurity is a support industry, and a lot of professionals in the industry tend to forget that. These professionals think that cybersecurity is an industry unto itself, but it wouldn’t exist without other industries (like manufacturing, healthcare, and financial services).
Christian Espinosa (The Smartest Person in the Room: The Root Cause and New Solution for Cybersecurity)
I am my problem, therefore I am also my solution.
Najah Roberts
In Eisman’s view, the unwillingness of the U.S. government to allow the bankers to fail was less a solution than a symptom of a still deeply dysfunctional financial system.
Michael Lewis (The Big Short: Inside the Doomsday Machine)
. It is important that we note the weaknesses in our financial system, and work toward implementing solutions before the next crisis comes. Gordon L. Eade
Kenneth Eade (Terror on Wall Street, a Financial Metafiction Novel)
the unwillingness of the U.S. government to allow the bankers to fail was less a solution than a symptom of a still deeply dysfunctional financial system.
Michael Lewis (The Big Short)
Remember, our goal is not to ignore the problems of life, but to put ourselves in better mental and emotional states where we can not only come up with solutions, but act upon them.
Anthony Robbins (Awaken the Giant Within: How to Take Immediate Control of Your Mental, Emotional, Physical and Financial Destiny!)
Easy does it.’ Do not be concerned with details and means, but know the end result. Get the feel of the happy solution of your problem, whether it is health, financial, or employment.
Joseph Murphy (Miracles of Your Mind)
On Rachel's show for November 7, 2012: Ohio really did go to President Obama last night. and he really did win. And he really was born in Hawaii. And he really is legitimately President of the United States, again. And the Bureau of Labor statistics did not make up a fake unemployment rate last month. And the congressional research service really can find no evidence that cutting taxes on rich people grows the economy. And the polls were not screwed to over-sample Democrats. And Nate Silver was not making up fake projections about the election to make conservatives feel bad; Nate Silver was doing math. And climate change is real. And rape really does cause pregnancy, sometimes. And evolution is a thing. And Benghazi was an attack on us, it was not a scandal by us. And nobody is taking away anyone's guns. And taxes have not gone up. And the deficit is dropping, actually. And Saddam Hussein did not have weapons of mass destruction. And the moon landing was real. And FEMA is not building concentration camps. And you and election observers are not taking over Texas. And moderate reforms of the regulations on the insurance industry and the financial services industry in this country are not the same thing as communism. Listen, last night was a good night for liberals and for democrats for very obvious reasons, but it was also, possibly, a good night for this country as a whole. Because in this country, we have a two-party system in government. And the idea is supposed to be that the two sides both come up with ways to confront and fix the real problems facing our country. They both propose possible solutions to our real problems. And we debate between those possible solutions. And by the process of debate, we pick the best idea. That competition between good ideas from both sides about real problems in the real country should result in our country having better choices, better options, than if only one side is really working on the hard stuff. And if the Republican Party and the conservative movement and the conservative media is stuck in a vacuum-sealed door-locked spin cycle of telling each other what makes them feel good and denying the factual, lived truth of the world, then we are all deprived as a nation of the constructive debate about competing feasible ideas about real problems. Last night the Republicans got shellacked, and they had no idea it was coming. And we saw them in real time, in real humiliating time, not believe it, even as it was happening to them. And unless they are going to secede, they are going to have to pop the factual bubble they have been so happy living inside if they do not want to get shellacked again, and that will be a painful process for them, but it will be good for the whole country, left, right, and center. You guys, we're counting on you. Wake up. There are real problems in the world. There are real, knowable facts in the world. Let's accept those and talk about how we might approach our problems differently. Let's move on from there. If the Republican Party and the conservative movement and conservative media are forced to do that by the humiliation they were dealt last night, we will all be better off as a nation. And in that spirit, congratulations, everyone!
Rachel Maddow
In life, never spend more than 10 percent of your time on the problem, and spend at least 90 percent of your time on the solution. Most important, don’t sweat the small stuff… and remember, it’s all small stuff!
Anthony Robbins (Awaken the Giant Within: How to Take Immediate Control of Your Mental, Emotional, Physical and Financial Destiny!)
Any connection with nature and most connections with technology are lost. There's a belief that nature is irrelevant and that anything can be solved using the current methods--now technology; previously magic or praying.
Jacob Lund Fisker (Early Retirement Extreme: A Philosophical and Practical Guide to Financial Independence)
If it’s true that bankers are paid too much, in other words, the solution is not to get into the messy business of regulating individual pay—as indeed the financial industry itself has argued. Instead, it is to make banking less profitable overall,
Duncan J. Watts (Everything is Obvious: Once You Know the Answer)
Modern civilization seems to be incapable of producing people endowed with imagination, intelligence, and courage. In practically every country there is a decrease in the intellectual and moral caliber of those who carry the responsibility of public affairs. The financial, industrial, and commercial organizations have reached a gigantic size. They are influenced not only by the conditions of the country where they are established, but also by the state of the neighboring countries and of the entire world. In all nations, economic and social conditions undergo extremely rapid changes. Nearly everywhere the existing form of government is again under discussion. The great democracies find themselves face to face with formidable problems--problems concerning their very existence and demanding an immediate solution. And we realize that, despite the immense hopes which humanity has placed in modern civilization, such a civilization has failed in developing men of sufficient intelligence and audacity to guide it along the dangerous road on which it is stumbling. Human beings have not grown so rapidly as the institutions sprung from their brains. It is chiefly the intellectual and moral deficiencies of the political leaders, and their ignorance, which endanger modern nations.
Alexis Carrel (L'homme cet inconnu)
It’s not about the next big idea, get-rich-quick scheme, or huge opportunity. Those are a dime a dozen. What are not a dime a dozen are healthy financial tapping trees—people who can actually take those big ideas, dreams, and opportunities and make them happen.
Nick Ortner (The Tapping Solution: A Revolutionaly System for Stress-Free Living)
Greenspan said that Nixon should declare that, rather than allow inflationary forces to be unleashed, he would back “a tax increase as the lesser of two evils.” How could we square cutting the budget with our programs for the Negro? I reported Alan as stating “flatly that the Negro problem is not an economic problem and it is dangerous to think of its solution in financial terms.
Patrick J. Buchanan (The Greatest Comeback: How Richard Nixon Rose from Defeat to Create the New Majority)
Cryptocurrency, which was supposedly created as a solution to the myriad failures of our regulated financial system laid bare during the subprime crisis, had effectively reproduced and even amplified the same dynamics, leading to a similar implosion. Thankfully for the broader public, it had all happened on a smaller scale and the real banks were not involved (despite the crypto industry’s efforts to the contrary). But once again, it was regular people who were left holding the bag.
Ben McKenzie (Easy Money: Cryptocurrency, Casino Capitalism, and the Golden Age of Fraud)
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It's the outgrowth of a natural human contradiction: people want to read good books, but people are also invincibly lazy ... so they read only stupid, easy books, but they still keep feeling the original want - and eventually, that causes them to call the stupid, easy books they actually do read good ... because it seems like such a neat little solution to their problem! And if those stupid, easy books are big enough financial successes or garner a wide enough audience of people trying that same solution, those of us who aren't invincibly lazy and actually do read good books - or at least real books - on a regular basis start to get characterized as cranks and killjoys and snobs, because we still have the nerve to say the Harry Potter books are awful, or that there's no literary worth to anything Stephen King has ever written, or that Susan Sontag is grotesquely overrated, or that nobody should be reading Raymond Carver .... and so on. All those judgements are right, but as the crowds grow larger wanting to elevate what they've settled for, they start to look more and more eccentric ...
Steve Donoghue
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Markus Zusak
Social entrepreneurs are among the most dynamic engines of the cooperative movement. Where corporate moguls work for personal enrichment, these civic-minded business leaders work for the cooperative equivalent, which is a desire to generate community self-reliance, abolish poverty, and enhance community economic well-being by improving housing, food, transportation, energy, health, finance, and a host of other products and services. Their motivations are not selfishly financial; they are far deeper, rooted in both the human spirit and the pervasive sense of community that human beings have striven to express throughout history. As the economist Jean Monnet once said, “Without community, there is crisis.
Ralph Nader (The Seventeen Solutions: Bold Ideas for Our American Future)
The converse is true as well. The financial writer Morgan Housel has observed that while pessimists sound like they’re trying to help you, optimists sound like they’re trying to sell you something.28 Whenever someone offers a solution to a problem, critics will be quick to point out that it is not a panacea, a silver bullet, a magic bullet, or a one-size-fits-all solution; it’s just a Band-Aid or a quick technological fix that fails to get at the root causes and will blow back with side effects and unintended consequences. Of course, since nothing is a panacea and everything has side effects (you can’t do just one thing), these common tropes are little more than a refusal to entertain the possibility that anything can ever be improved.29
Steven Pinker (Enlightenment Now: The Case for Reason, Science, Humanism, and Progress)
Consider finding a mate, someone to live with in a close relationship, usually as husband and wife. It is indeed a sort of market problem, in that the issue is not just finding a satisfactory person but also finding someone, confronted with the same search problem, who is willing to consider you as his or her best choice. Finding a match between husband and wife is like finding a trade in a financial market. It entails learning a market price (in the marriage market it is one’s attractiveness to certain kinds of potential spouses) and finding the best deal at that price. This analogy is not meant to put a commercial slant on a very personal problem, but instead to start us thinking about how we can design a better solution to the problem.
Robert J. Shiller (Finance and the Good Society)
What choices erode my happiness, confidence, or peace of mind? Breaking promises I make to myself or others Overeating Sleeping too much Not sleeping enough Not taking care of the space around me Complaining Focusing on my problems (versus focusing on my solutions) Blaming other people Isolating myself and avoiding social situations Beating myself up over the past Giving my energy to fear of the future What choices increase my happiness, inner peace, confidence, or clarity? Working out Keeping my home clean Being intentional about building relationships with people close to me Budgeting and keeping good financial records Meditation Gratitude Journaling Eating well Going to bed early Getting up early Saying “no thank you” to alcohol and indulgences
Elizabeth Benton (Chasing Cupcakes: How One Broke, Fat Girl Transformed Her Life (and How You Can, Too))
The inevitable consequence is that the wealthy become dominant. The wealthy set their own pay or the company boards pay very generously. Each company board, in hiring a new CEO, feels it must pay as much or more than the competitive companies pay their CEO, rather than using the firm’s earnings or share price or some other yardstick. In many sectors, especially in the financial sector, there is more collusion than real competition. The wealthy see their pay as describing their worth, and they rely on their wealth and political influence to defeat democratic measures to contain or tax them sufficiently. Democracy is therefore in danger of being destroyed by capitalism. Unless there is higher taxation on wealth and more regulation to promote real competition, democracy is subverted.8
Philip Kotler (Confronting Capitalism: Real Solutions for a Troubled Economic System)
corruption. Is corruption just a matter of legality, of financial irregularity and bribery, or is it the currency of a social transaction in an egregiously unequal society, in which power continues to be concentrated in the hands of a smaller and smaller minority? Imagine, for example, a city of shopping malls, on whose streets hawking has been banned. A hawker pays the local beat cop and the man from the municipality a small bribe to break the law and sell her wares to those who cannot afford the prices in the malls. Is that such a terrible thing? In the future will she have to pay the Lokpal representative, too? Does the solution to the problems faced by ordinary people lie in addressing the structural inequality or in creating yet another power structure that people will have to defer to?
Arundhati Roy (My Seditious Heart: Collected Nonfiction)
Richard Lovelace makes a compelling case that the best defense is a good offense. “The ultimate solution to cultural decay is not so much the repression of bad culture as the production of sound and healthy culture,” he writes. “We should direct most of our energy not to the censorship of decadent culture, but to the production and support of healthy expressions of Christian and non-Christian art.”10 Public protests and boycotts have their place. But even negative critiques are effective only when motivated by a genuine love for the arts. The long-term solution is to support Christian artists, musicians, authors, and screenwriters who can create humane and healthy alternatives that speak deeply to the human condition. Exploiting “Talent” The church must also stand against forces that suppress genuine creativity, both inside and outside its walls. In today’s consumer culture, one of the greatest dangers facing the arts is commodification. Art is treated as merchandise to market for the sake of making money. Paintings are bought not to exhibit, nor to grace someone’s home, but merely to resell. They are financial investments. As Seerveld points out, “Elite art of the New York school or by approved gurus such as Andy Warhol are as much a Big Business today as the music business or the sports industry.”11 Artists and writers have been reduced to “talent” to be plugged into the manufacturing process. That approach may increase sales, but it will suppress the best and highest forms of art. In the eighteenth century, the world nearly lost the best of Mozart’s music because the adults in the young man’s life treated him primarily as “talent” to exploit.
Nancy R. Pearcey (Saving Leonardo: A Call to Resist the Secular Assault on Mind, Morals, and Meaning)
Our steady resistance forms cracks in the world of profit margins. It transitions us away from self-destruction. We are a thorn in the side of a world that believes it must extract to exist, a bone-deep reminder there are other ways of being…Some of us leave the land to bring our case to the financiers of the industry we oppose, to present the data and oppositional testimony the banks ostensibly have no knowledge of. In here, I feel like an exotic bird to be examined for potential danger. In here, alongside discussion of financial investments, I remind corporate heads that they drink water and breathe air. As awkward as it can be to remind a person of their own humanity, it has proven exceedingly effective to bring Indigenous rights and the voice of the land into these spaces. SACRED RESISTANCE by Tara Houska, Zhaabowekwe, Couchiching First Nation
Ayana Elizabeth Johnson (All We Can Save: Truth, Courage, and Solutions for the Climate Crisis)
It is critical to recognize that we live in an increasingly complex world - biologically, socially, politically, technologically, you name it - that holds many inherent contradictions. In the middle of this complex world are we humans, who have a natural tendency to seek coherence in what we see, feel, think, and do. When we experience conflict, this tendency intensifies. Conflict is essentially a contradiction, an incompatibility, oppositely directed forces, and a difference that triggers tension. When we encounter conflict, within the field of forces that constitute it, the natural human tendency is to reduce that tension by seeking coherence through simplification. Research shows that this tendency toward simplification becomes even more intensified when we are under stress, threat, time constraints, fatigue, and various other conditions all absolutely typical of conflict. So what is the big idea? It is NOT that coherence is bad and complexity is good. Coherence seeking is simply a necessary and functional process that helps us interpret and respond to our world efficiently and (hopefully) effectively. And complexity in extremes is a nightmare - think of Mogadishu, Somalia, in the 1990s or the financial crisis of 2009 or Times Square during rush hour on a Friday afternoon. On the other hand, too much coherence can be just as pathological: for example, the collapse of the nuances and contradictions inherent in any conflict situation into simple 'us versus them' terms, or a deep commitment to a rigid understanding of conflicts based on past sentiments and obsolete information. Either extreme - overwhelming complexity or oversimplified coherence - is problematic. But in difficult, long-term conflicts, the tide pulls fiercely toward simplification of complex realities. This is what we must content with.
Peter T. Coleman (The Five Percent: Finding Solutions to Seemingly Impossible Conflicts)
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I can't bear to look at the screen itself, the women in pastels, like so many Jordan almonds. The men in suits, wearing equally angelic expressions. Members just like men, ostensibly. Who have vowed to be obedient to God's laws, and to repent of their sins. They've promised to be honest, true, chaste, benevolent, and virtuous; they've promised to be hopeful, and to endure all things, to seek after what is lovely, of good report, or praiseworthy. Only then will God provide a lasting solution to their loneliness and frustration. I imagine they comfort themselves, like I do, with the game of "wouldn't it be worse." Wouldn't it be worse to have a sick child, ailing parents, or a flesh-eating virus? Wouldn't it be lonelier to be trapped in a dying marriage, scarier to have crippling financial problems or to spend one's retirement fund on failed in vitro treatments? Wouldn't it be worse to live a life absent of faith, absent of purpose, absent of the love of God? I imagine they tell themselves, like I do, that a soul-crushing loneliness is a small price to pay, given the big picture. Everyone suffers. Loneliness is the human condition. And after the tests of our faith, we will triumph.
Nicole Hardy (Confessions of a Latter-day Virgin: A Memoir)
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Man is an irrational creature...for he seeks pleasure instead of abstinence, lies and deceit, instead of counsel and advice, violence and war, instead of withhold and peace, and easy wanton ignorance and gluttony, instead of hard sought after wisdom and moderation...man has grown indifferent to the sufferings of his fellow man and neighbor, for he only cares as to whether there is any monetary gain or financial reward, for his immediate and erstwhile assistance...man, in this current age, has completely lost the ability to engage in disciplined learning and fair and honest debate, for instead he would rather believe in lies and falsehoods, for it only confirms his prejudicial beliefs and irrational fears, all fed to him by the so-called, "fair and balanced" news media...he is a patriot for all the wrong reasons, for his patriotism is one of selfish jingoism, instead of an objective and unadulterated, "universal brotherhood", that seeks to find common ground and common solutions across the diplomatic table, instead of blind "sabre rattling" and childish and superficial flag waving...man's blind and puerile barbarism is what will ultimately do him in, in the very end, for the prophets of the present who tried to warn him as he stood at the edge of a moral and spiritual precipice, will be the ones who will wear a quiet and confirming smile, as man and his erstwhile shadow of ignorance, will be cast into the bottomless pit, of eternal damnation and doom...
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But there was a lacuna in Nehru’s concept of science: he saw it exclusively in terms of laboratory science, not field science; physics and molecular biology, not ecology, botany, or agronomy. He understood that India’s farmers were poor in part because they were unproductive—they harvested much less grain per acre than farmers elsewhere in the world. But unlike Borlaug, Nehru and his ministers believed that the poor harvests were due not to lack of technology—artificial fertilizer, irrigated water, and high-yield seeds—but to social factors like inefficient management, misallocation of land, lack of education, rigid application of the caste system, and financial speculation (large property owners were supposedly hoarding their wheat and rice until they could get better prices). This was not crazy: more than one out of five families in rural India owned no land at all, and about two out of five owned less than 2.5 acres, not enough land to feed themselves. Meanwhile, a tiny proportion of absentee landowners controlled huge swathes of terrain. The solution to rural poverty, Nehru therefore believed, was less new technology than new policies: give land from big landowners to ordinary farmers, free the latter from the burdens of caste, and then gather the liberated smallholders into more-efficient, technician-advised cooperatives. This set of ideas had the side benefit of fitting nicely into Nehru’s industrial policy: enacting them would cost next to nothing, reserving more money for building factories.
Charles C. Mann (The Wizard and the Prophet: Two Remarkable Scientists and Their Dueling Visions to Shape Tomorrow's World)
The future of democracy in developed countries will depend on their ability to deal with the problem of a disappearing middle class. In the wake of the financial crisis there has been a rise of new populist groups from the Tea Party in the United States to various anti-EU, anti-immigrant parties in Europe. What unites all of them is the belief that elites in their countries have betrayed them. And in many ways they are correct: the elites who set the intellectual and cultural climate in the developed world have been largely buffered from the effects of middle-class decline. There has been a vacuum in new approaches to the problem, approaches that don’t involve simply returning to the welfare state solutions of the past. The proper approach to the problem of middle-class decline is not necessarily the present German system or any other specific set of measures. The only real long-term solution would be an educational system that succeeded in pushing the vast majority of citizens into higher levels of education and skills. The ability to help citizens flexibly adjust to the changing conditions of work requires state and private institutions that are similarly flexible. Yet one of the characteristics of modern developed democracies is that they have accumulated many rigidities over time that make institutional adaptation increasingly difficult. In fact, all political systems—past and present—are liable to decay. The fact that a system once was a successful and stable liberal democracy does not mean that it will
Francis Fukuyama (Political Order and Political Decay: From the Industrial Revolution to the Globalization of Democracy)
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Sometimes your faith doesn’t come without a fight, but rest assured He created the solutions to your problems before He created the foundations of the earth.
Trevor Dunbar (Living On A Shoestring: Choosing Faith Through Financial Hardship)
How can you run Analytics “as one”? If you leave Analytics to IT, you will end up with a first-class race car without a driver: All the technology would be there, but hardly anybody could apply it to real-world questions. Where Analytics is left to Business, however, you’d probably see various functional silos develop, especially in larger organizations. I have never seen a self-organized, cross-functional Analytics approach take shape successfully in such an organization. Instead, you can expect each Analytics silo to develop independently. They will have experts familiar with their business area, which allows for the right questions to be asked. On the other hand, the technical solutions will probably be second class as the functional Analytics department will mostly lack the critical mass to mimic an organization’s entire IT intelligence. Furthermore, a lot of business topics will be addressed several times in parallel, as those Analytics silos may not talk to each other. You see this frequently in organizations that are too big for one central management team. They subdivide management either into functional groups or geographical groups. Federation is generally seen as an organizational necessity. It is well known that it does not make sense to regularly gather dozens of managers around the same table: You’d quickly see a small group discussing topics that are specific to a business function or a country organization, while the rest would get bored. A federated approach in Analytics, however, comes with risks. The list of disadvantages reaches from duplicate work to inconsistent interpretation of data. You can avoid these disadvantages by designing a central Data Analytics entity as part of your Data Office at an early stage, to create a common basis across all of these areas. As you can imagine, such a design requires authority, as it would ask functional silos to give up part of their autonomy. That is why it is worthwhile creating a story around this for your organization’s Management Board. You’d describe the current setup, the behavior it fosters, and the consequences including their financial impact. Then you’d present a governance structure that would address the situation and make the organization “future-proof.” Typical aspects of such a proposal would be The role of IT as the entity with a monopoly for technology and with the obligation to consider the Analytics teams of the business functions as their customers The necessity for common data standards across all of those silos, including their responsibility within the Data Office Central coordination of data knowledge management, including training, sharing of experience, joint cross-silo expert groups, and projects Organization-wide, business-driven priorities in Data Analytics Collaboration bodies to bring all silos together on all management levels
Martin Treder (The Chief Data Officer Management Handbook: Set Up and Run an Organization’s Data Supply Chain)
Your imagination is the secret passage to a treasury of innovative solutions for monetary woes.
Linsey Mills (Currency of Conversations: The Talk You've Been Waiting For About Money)
Money can provide financial solutions, but it can’t deliver a sense of meaning, self-acceptance, equanimity, love or heartfelt connection to others,
David Michie (Buddhism for Pet Lovers: Supporting our closest companions through life and death)
The managers are getting pressure from executives on the business or financial side of the company. So they come up with an idea and commit to a deadline, but they’re beholden to engineering to make that happen. And that can be a difficult feeling as an engineering team when somebody just comes by and says, ‘Do this, quick, by this deadline,’ and then runs away.” Including developers earlier in the discussion isn’t just about being nice and not hurting their feelings. It also creates real advantages. How can managers commit to deadlines when they don’t understand the actual work that needs to be done? What if the specified solution can’t be built in the time frame given?
Jeff Lawson (Ask Your Developer: How to Harness the Power of Software Developers and Win in the 21st Century)
Risk culture is the area where the Board’s engagement is key. It is good practice to develop a set of questions that a Board should be constantly asking itself, to prompt good risk conversations. These may include, for example, how it perceives the tone it is setting from the top; whether decisions are taken within the stated risk appetite; and what mechanisms are in place to ensure that new joiners absorb the desired values of the firm.
Elena Pykhova (Operational Risk Management in Financial Services: A Practical Guide to Establishing Effective Solutions)
What we really crave is for someone to make loving sense of us. We want them to write us, with all our complexity and obscurity, down in crisply phrased and clear sentences. Our reading of someone else’s novel is dutiful and well-educated no doubt, but it is as if we went to the doctor and they made a very accurate diagnosis of someone else’s earache, or if a financial advisor went to great lengths to present us with a solution to the money troubles of a stranger, from which we could at best extract the occasional fleeting hint of what might possibly be useful in our own case.
The School of Life
Blockchain technology is the perfect solution that will allow the construction of a new global financial system that is open, fair, and accessible for all.
Olawale Daniel
First, you have huge capital costs that never go away. If you spend $1 billion building a coal plant, the next plant you build will not be any cheaper. And your investors put up that money with the expectation that the plant will run for 30 years or more. If someone comes along with a better technology 10 years down the road, you’re not going to just shut down your old plant and go build a new one. At least not without a very good reason—like a big financial payoff, or government regulations that force you to.
Bill Gates (How to Avoid a Climate Disaster: The Solutions We Have and the Breakthroughs We Need)
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Financial debt is the act of borrowing money from an outside party to quickly finance the operations of a business—with the promise to repay the principal plus the agreed-upon rate of interest in a timely manner. Under the right circumstances, this can accelerate the growth of a business considerably while allowing the owner to retain ownership, reduced taxes, and lower interest rates. On the other hand, the inability to pay back this debt on time can adversely affect credit rating, result in higher interest rates, cash flow difficulties, and other restrictions.
Premanand Chandrasekaran (Domain-Driven Design with Java - A Practitioner's Guide: Create simple, elegant, and valuable software solutions for complex business problems)
This moment of global inequality demands incompetent subjects. The status quo and ever-intensifying versions of it require incompetent consumers who will learn to want technological solutions to their political problems. Are you starving even though there is food? Here is an app to connect you with the charity that is filling that hole in our ragged social safety net. Are global profits being extracted by the financial class while driving down wages and quality of work, even for people with expensive college educations? Here is a website where you can purchase a credential that might help you get a new job, one where you will likely be in the same position again in eighteen months. Your structural incompetence generates ever more sophisticated consumption goods, goods that reinforce status games of who is deserving and who is not.
Tressie McMillan Cottom (Thick: And Other Essays)
A man who chases multiple women, seeking marriage as a solution to his financial woes, will find himself entangled in a web of his own deceit. He burdens his wife with his selfishness, expecting her to bear the weight of his insecurities, while hiding his true intentions. But temporary fixes will give way to permanent problems, as the secrets he harbors will ultimately unravel the very fabric of his marriage.
Shaila Touchton
Surah Yaseen holds a special place in the hearts of Muslims, offering numerous benefits and solutions through its Wazaif. Whether seeking protection, healing, financial success, or personal fulfillment, incorporating the recitation of Surah Yaseen into your daily routine can bring peace and blessings into your life. Remember, the key to unlocking these benefits lies in regular recitation with pure intentions, understanding, and consistency.
suraheyaseen
And then the great excitement of the solar breakthrough dimmed. As Pearson would later recall, the installation was “a huge technical success, but a financial failure.” The solar battery could power the remote telephone equipment with ease. But for the power they generated, the solar cells, at several hundred dollars per watt, simply cost too much.19 In 1956, Daryl Chapin figured that it would cost the average homeowner nearly $1.5 million to buy enough Bell solar cells to power his house.20 By one of Kelly’s fundamental dictums of innovation—something that could do a job “better, or cheaper, or both”—the cost of the cells and the results in Georgia suggested solar power was not going to be a marketable innovation anytime soon. Sometimes, in describing a new invention that seemed technically brilliant but impractical, industrial scientists would quip that they had found “a solution looking for a problem.” The silicon solar cell needed a problem, as yet unimagined, to appear.
Jon Gertner (The Idea Factory: Bell Labs and the Great Age of American Innovation)
Simple organisational mechanisms, such as the creation of a sub committee of the EXCO body, under the authorisation of the CEO and chaired by the Chief Financial Officer (CFO) or the Chief Operating Officer (COO) — i.e., those who have the necessary organisational authority to resolve issues — should be established. Reporting into this group should be weekly and any variance to plan should be identified for resolution. There may be other organisational solutions but as a minimum, project reporting should be frequent and escalation for issue resolution should be integral to the process.
Alan Hustwick (Real Procurement Transformation - Powerful, Sustaining)
Capture the Quantitative Impact of Your Accomplishments Examine everything you’ve done, but don’t merely report what you’ve done. Report the quantitative impact, that is, the numbers that resulted from your achievement. That’s what hiring managers care about most. For example: When I was in school, I worked in the University’s Personnel department. During my time there, the Director asked if I could explain a monthly report she received from Accounts Payable. The report identified everything charged to Personnel. Unfortunately, neither the Director nor her team could understand what it was saying. After some analysis and research, I was able to translate the confusing report into something the Director could understand. What I did not do was ask the Director and her team for the financial impact of now being able to understand the report. While what I did was a valuable story to share at my next interview, it would have meant a lot more if I’d identified the dollars saved or some other quantified impact. As noted earlier, a few years later, I worked for a high-tech company that sold equipment to Fortune 500 firms. The company wasn’t winning the large deals like they had in the past, so I was asked to investigate. I identified the process breakdown causing the problem. I also created a short-term solution, so that the company could start winning bids again while the long-term solution was being developed. What I did not do — and almost have to kick myself now for not doing — was to ask for the value of the deals we were now winning. Those $$$ would have clearly explained the positive impact of my work. It would have been a wonderful talking point in my resume. After my job was eliminated for the second time in 13 years, I started doing a better job of quantifying the impact of my accomplishments.
Clark Finnical (Job Hunting Secrets: (from someone who's been there))
Fascism is nothing more than a final solution to the class struggle, the totalistic submergence and exploitation of democratic forces for the benefit and profit of higher financial circles.
Michael Parenti (Blackshirts and Reds: Rational Fascism and the Overthrow of Communism)