Adults slow change in education system will impact future economy

Thursday, August 21, 2008 by anthony ware
This morning, I read a press release with title "National Law Enforcement Leaders: Dropout Rates Fueling Violent Crime" issued by an organization named Fight Crime: Invest in Kids.

The global education landscape has many issues.  This press release focuses on the issues in the United States.  Once again, the pundits and officials have convened to report on a report that high school dropouts in the United States are less likely to be productive members of society.

The press release speaks to the lost wages and taxes, and the costs for incarceration. The sad thing is that this is yet another group of adults that are wasting money gathering data that yields the same results and trends from a decade ago.

In my opinion, let's stop wasting money on reports and invest (time, money and skills) in our youth.  Too often, we cut the funding or invest in archaic, corrupt or mismanaged school systems.  If these school systems were corporations, they would be out of business. 

The corporate world needs to take action as well.  For a sustainable business, you need a diverse a deep talent pool.  As dropout rates increase and graduation rates decrease, the talent pool is depleted.  One way to help your chances is to include high school internships in you strategic plan implementation.

You might ask what we are doing at S4X to help the cause.  We require our employees to volunteer 1% of annual hours worked.  Personally, I am a mentor in the Starfish Initiative in Indianapolis.

You might want to pay attention if you are not involved.  The future of your business is at stake.  In the United States, we easily create business solutions yet we have difficulty creating solutions for the education system.  What are your thoughts on the education system in your area?

Be+Do+Solve (TM)

Yes, the virtual model does work...

Wednesday, July 2, 2008 by anthony ware
In a press release on July 1st, CoLucid Pharmaceuticals announced the closing of their Series B financing of $25US million. This is not out of the ordinary with regard to the financing.  On the other hand, it is a good example of a potential business model for your company to utilize.

CoLucid was founded in Indianapolis, Indiana.  However, the business operates from several locations.  CoLucid is a solid example of a virtual business.  According to a recent article in the Indianapolis Star, "Its three full-time researchers work in Research Triangle Park in North Carolina. Its chief executive, a former Lilly manager, works in Boston, where he most recently was a senior executive at a drug-discovery company specializing in insomnia. Four of its five investors are based outside of Indianapolis."

Whether you are a social entrepreneur or a business solutions firm, the virtual business model may work for you.  If you are looking to explore this model for starting a new firm, make sure to analyze all aspects of the model as they relate to the strengths of your team.  For starters, increased flexibility and decreased overhead are a couple of the benefits of this model.

Are you planning expansion into emerging markets - domestic or global?  The virtual model may work for you.

Be+Do+Solve (TM)