MONDAY, OCTOBER 10, 2011


2011 Budget Live Blog




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Finance Minister Dookeran addressing.

4:15 - Total revenue TT$47B Total Expenditure TT$56B. 52% met from domestic borrowing, remainder from external sources.

4:13 - Works B Training TT$8.6B, Health TT$4.7B, National Sec TT$5.1B, Housing TT$1.9B. 

4:10 - 28 non - oil 7.8B deficit.

4:08 - No new taxes.

4:07 - Penalties for late filing will be waived until 30th June, 2012. Late filing fee will then be changed to TT$500 per annum versus TT$100 per month.

4:02 - Increased penalties for gaming industry.

4:01  - VAT qualification to raise from TT$250,000 to TT360,000.

4:00 - BIR will be given authority to issue electronic invoicing.

3:58 - Reductions for import duties and investment for CNG stations and motor vehicle installations.

3:55 - Greater penalties/fines for contravening the petroleum act. 

3:55 - CNG licencing increases.

3:53 - Annual Licencing increases to $1,000 for gas stations selling TT$1M, TT$2,000 TT$1M to TT$5M, TT$4,000 annual licence ...

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posted by RANDALLTRINI | 14:23 | Trinidad and Tobago




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THURSDAY, OCTOBER 6, 2011


Lessons from a misfit: Steve Jobs 1955 - 2011




Lessons from a misfit


by Randall Douglas



Misfit, mis-fit
"One who is unable to adjust to one's environment or circumstances or is considered to be disturbingly different from others."
 
- The American Heritage dictionary.

Steven P. Jobs died on October 5th, 2011. He was by far a very different person from the norm. His contributions to the tech world through his companies Apple and Next and the world of animation though his other company Pixar have had a direct impact on our lives, business or personal. In a way we are all misfits as well, being individual and thinking different is key to what separates us from other animals. If you are a Mac loyalist and fanatic you should be sad. If you are a Windows fan, you should be sad too. Why?

Steve Jobs was an innovator and a "re-innovator" who created and re-imagined great consumer products for the everyday person. As a Mac ...

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posted by RANDALLTRINI | 23:25 | Business




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TUESDAY, MARCH 29, 2011


Franchising is one of the world's fastest growing business models




Franchising is one of the world's fastest growing business models


Mc Donalds

This is a file from the Wikimedia Commons. Information from its description page there is shown below.

Wikipedia defines:

"Franchising is the practice of using another firm's successful business model. The word 'franchise' is of anglo-French derivation - from franc- meaning free.  For the franchisor, the franchise is an alternative to building 'chain stores' to distribute goods and avoid investment and liability over a chain. The franchisor's success is the success of the franchisees. The franchisee is said to have a greater incentive than a direct employee because he or she has a direct stake in the business."

There are many sites that rank the world's top franchises. Each site uses its own ranking system although there are some common criteria and as a result some of the same companies are ranked in the top ten. Some of the more recognised sites ...

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posted by RANDALLTRINI | 10:22 | Business




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TUESDAY, MARCH 29, 2011


Google now the most valuable brand in the world




Google is now the most valuable brand according to Brand Finance





Brand Finance is reporting Google to be the most valuable brand in the world. This ranking takes into account a number of factors including brand rating which is more of a subjective measure. Notably, Apple has moved up twelve place into the top ten and Coca-Cola has slipped down out of the top ten. See the PDF release from brand finance here.

The original post can be located here at BrandDirectory.com.

Ingenuity




posted by RANDALLTRINI | 7:11 | Business




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MONDAY, MAY 31, 2010


Re-evaluating the how we incentivise




There is an interesting video from a site called "Royal Society for the encouragement of Arts, Manufactures and Commerce (RSA)". It was done by a company called "Cognitive Media", and it explains through analysing research done by institutions such as MIT and Carnegie Mellon with quite a few countries around the world, why our traditional ideas of reward may need re-examination.

For quite a few years, I have seen the concepts explained in this video myself when I was in my management career or as a business consultancy owner. When I have encountered this situation of "high reward potential, but low performance" I have often recommended alternative reward schemes and goal setting processes involving staff. This video and the underlying analysis is a good education for me and for all employers and managers to critically relook at their reward or incentive schemes and programmes.





Ingenuity

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posted by RANDALLTRINI | 8:45 | General




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2011 Budget Live Blog 


Lessons from a misfit: Steve Jobs 1955 - 2011 


Franchising is one of the world's fastest growing business models 


Google now the most valuable brand in the world 


Re-evaluating the how we incentivise 





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