There’s an interesting article in the New York Times today (full story: http://www.nytimes.com/2006/03/31/us/31divide.html?_r=1&th&emc=th&oref=slogin) indicating that more African-Americans are going online and therefore closing the "digital divide" that was once thought to be a roadblock to the success of this community. Here’s a quick overview: African-Americans, even those at the lower end of the economic scale, are making significant gains in ...
Read More »Rite-Solutions Showcases an Innovation Model
In a recent Business Innovation Factory profile Jim Lavoie, CEO of Rite-Solutions, talks about his innovation model and how he encourages his 150 employees to participate in continuous innovation. Rite-Solutions has set up a stock market for ideas, and the employees use the wisdom of crowds to help management determine the ideas and process solutions that have the best chances ...
Read More »On internal idea markets
William C. Taylor, founding editor of Fast Company, writes in The New York Times that a top company called Rite-Solutions focuses "on an internal market where any employee can propose that the company acquire a new technology, enter a new business or make an efficiency improvement. These proposals become stocks, complete with ticker symbols, discussion lists and e-mail alerts. Employees ...
Read More »Family Values
Many financial institutions are conducting seminars, camps and work shops for the 20-30 age group of very wealthy families. Usually with assets of a $100m and up. J.P. Morgan invites young adults to their Next Generation Leadership seminars. Citigroup Private Bank runs a course focusing on children of their wealthy clients. Wachovia, Lehman Brothers, and Northern Trust just to name ...
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