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“ Not invented here” may be your smartest innovation strategy.  To source ideas, consider using innovation “headhunters”—associations that connect interested companies with universities, labs, consultants, and firms that can develop solutions to your innovation challenges. And forge strategic alliances, joint ventures, and licensing arrangements with organizations that possess the technical know-how and skills to help you bring the best ideas to market.  Insert picture of On Point printed From PDF here. Sometimes advertisements for courses can be as valuable as the courses themselves. Dear John Abele: A better approach to sustainable, profitable innovation? Gather promising ideas  outside  your company—from other industries as well as vendors, customers, and even competitors. Then develop those ideas into new or refined offerings—quickly and cheaply—using your firm’s R&D, manufacturing, and marketing prowess.  Exceptional companies in industries as diverse as computing, aviation, and pharmaceuticals are innovating from the outside in. Their reward? Distinctive products and services—developed faster and cheaper than the competition.
This highly original answer so incensed the examiner that the student was failed. The student appealed on the grounds that his answer was indisputably correct, and the university appointed an independent arbiter to decide the case. The arbiter judged that the answer was indeed correct, but was it appropriate to the problem?  It was decided to call the student in and allow him six minutes in which to provide a verbal answer which showed at least a minimal familiarity with the basic principles of physics. For five minutes the student sat in silence, forehead creased in thought. The arbiter reminded him that time was running out, to which the student replied that he had several extremely relevant answers, but couldn't make up his mind which to use. On being advised to hurry up the student replied as follows: "Firstly, you could take the barometer up to the roof of the skyscraper, drop it over the edge, and measure the time it takes to reach the ground. The height of the building can then be worked out from the formula H = 0.5g x t squared. But bad luck on the barometer.  Or if the sun is shining you could measure the height of the barometer, then set it on end and measure the length of its shadow. Then you measure the length of the skyscraper's shadow, and thereafter it is a simple matter of proportional arithmetic to work out the height of the skyscraper.“ "But if you wanted to be highly scientific about it, you could tie a short piece of string to the barometer and swing it like a pendulum, first at ground level and then on the roof of the skyscraper. The height is worked out by the difference in the gravitational restoring force T = 2 pi sqroot (l / g).“ Great Moments in Physics! "Or if the skyscraper has an outside emergency staircase, it would be easier to walk up it and mark off the height of the skyscraper in barometer lengths, then add them up.“ "If you merely wanted to be boring and orthodox about it, of course, you could use the barometer to measure the air pressure on the roof of the skyscraper and on the ground, and convert the difference in millibars into feet to give the height of the building.“ "But since we are constantly being exhorted to exercise independence of mind and apply scientific methods, undoubtedly the best way would be to knock on the janitor's door and say to him 'If you would like a nice new barometer, I will give you this one if you tell me the height of this skyscraper'.“ The student was Niels Bohr, the only person from Denmark to win the Nobel prize for Physics. The following concerns a question in a physics degree exam at the University of Copenhagen. "Describe how to determine the height of a skyscraper with a barometer.“ One student replied: "You tie a long piece of string to the neck of the barometer, then lower the barometer from the roof of the skyscraper to the ground. The length of the string plus the length of the barometer will equal the height of the building.“ Will you be winning any Nobel prizes for your openness to alternative solutions presented in your meeting?
As a high-school student in the 1950s, John Koza yearned for a personal computer. That was a tall order back then, as mass-produced data processors such as the IBM 704 were mainframes several times the size of his bedroom. Now 62 and an adjunct professor at Stanford University, Koza is the inventor of genetic programming, a revolutionary approach to artificial intelligence (AI) capable of solving complex engineering problems with virtually no human guidance. Koza’s 1,000 networked computers don’t just follow a preordained routine. They create, growing new and unexpected designs out of the most basic code. They are computers that innovate, that find solutions not only equal to but better than the best work of expert humans. His “invention machine,” as he likes to call it, has even earned a U.S. patent for developing a system to make factories more efficient, one of the first intellectual-property protections ever granted to a nonhuman designer. Like every engineering breakthrough, genetic programming did not emerge fully formed from the ether. Rather it grew out of two promising yet unfulfilled lines of research in computer science: genetic algorithms and artificial intelligence. Koza’s thesis adviser at the University of Michigan was John Holland, the man widely regarded as the father of genetic algorithms, has lately been researching what such ingenuity might tell us about the creative process in humans. He believes that revolutionary ideas don’t come at random but are “new combinations of fairly standard parts with which we’re already familiar.” He cites as examples the internal combustion engine and the airplane, for which all the components were available long before the invention came along, lacking only someone with adequately broad knowledge, deep resources and the temperament to combine them. “Evolution is good at recombining building blocks to get innovations,” Holland says. The machine has inspired a new way to think about our own creative process: Perhaps extraordinary thinking is simply the product of gradual refinements and serendipitous recombinations. Darwin’s combination of mutation, sex and selection creates not just new species, or antennas: It spawns creativity itself. As genetic programming becomes pervasive over the next decade, the process of finding good solutions to difficult engineering problems will become efficient in the way that once-arduous tasks such as 3-D rendering have become routine. But, as with 3-D rendering, the real challenge will lie in deciding what to create. In the future, as solutions become plentiful and cheap, the real test of creativity will come in the search for problems. Tools for solving problems are always evolving.  What convening strategies are you using to define the problem/need in innovative ways? John Koza Has Built an Invention Machine Its creations earn patents, outperform humans, and will soon fly to space. All it needs now is a few worthy challenges
What are the effects of the world’s growing population on our society?  On your business? World Population One fifth of all humans that have existed in the last six thousand years are currently alive  The world’s population reached 1 billion in 1802  6 billion was reached in 1999 The UN’s Population Division projects that 9 billion people will populate Earth by 2020
How will your business and your suppliers cope with a depleted workforce? The Workforce “ Within the next decade, for every two people who are retiring there will be less than one person to take their place.” -Linda Duxbury Sprott School of Business Potential Labour Force Entrants vs. Retirees Canada, 1972 to 2016
How will a shrinking population in some regions impact your business and lifestyle? Decreasing Population Couples in Italy, Germany and Spain have just 1.2 to 1.3 children each The average fertility rate in Europe is 1.45 Both Russia and Japan are at 1.3 The United States is high for a developed nation, at 2.05 There is a population shortfall trend developing in Western Europe, Russia, Japan and other parts of the world. In Canada, for instance, families have an average of 1.61 children today, slightly below the "replacement level" of two children per couple.
Blogs According to report by Jupiter Research Does your organization speak to this growing audience? 30% of North Americans read blogs.  64% of those are 30 years old or older 61% of North Americans believe that bloggers are  more  credible than traditional journalists. 60% of the people that read blogs are males, and 40% are females  61% have a total income of more than $60,000 per year  There are 75 000 blogs created daily
1.  老徐 徐静蕾 新浪 BLOG http://blog.sina.com.cn/m/xujinglei 2.  Boing Boing: A Directory of Wonderful Things http://www.boingboing.net 3.  Engadget http://www.engadget.com 4.  PostSecret PostSecret is an ongoing community art project where people mail in their secrets anonymously on one side of a homemade postcard. http://postsecret.blogspot.com 5.  Daily Kos: State of the Nation http://www.dailykos.com 6.  Thought Mechanics http://www.thoughtmechanics.com 7.  The Huffington Post http://www.huffingtonpost.com 8.  Gizmodo, The Gadget Blog http://gizmodo.com 9.  Official Google Blog http://googleblog.blogspot.com 10. TechCrunch http://www.techcrunch.com The World’s Most Popular Blogs As measured by hits and unique links Who is benefiting from the traffic on these sites?  How is your business benefiting from the blogging phenomenon?
51% prefer to log on to the Internet 35% watch TV 7% read a book 3% listen to radio 3% read a newspaper 1% read a magazine Media of Choice According to a study by Online Publishers of North Americans, ages 18-34 Is your business adjusting to these new trends in media preference?
Effective Meetings What is the most important factor in achieving your desired meeting outcomes? 278 Number of newsletters, same topic 374 Number of books from Amazon search on  “Effective Meeting Management” 4 Number of books on  “Effective Moderating”
30 books that have been published in 2006 with the word “Leadership” in the title 66 “Leadership” books that were published in 2006 Effective Leadership? How many books must one read to become a great Leader?  Are these publications improving Leadership? Among many others, the Toronto Public Library has the following books in stock: 1088 “Leadership” titles that have been published since the year 2000
A Google search for “Innovation Blog” returns 49,600,000 results An Amazon search  on “Innovation” returns 11879 books Effective Innovation? Innovation is generally accepted as the key to growth and prosperity.  What are you doing to achieve it? R&D Expenditures, 2005
General Electric Co. expects sales in China to double in the next four to five years, while its Chinese researchers should play a growing role creating products for global markets, chairman Jeff Immelt says.  Immelt also announced that he signed an agreement with the Chinese government to spend up to $50 million US in China over the next five years developing more environmentally friendly technologies.  Will our angle be environmentally friendly technologies, or China/Globalization? China/India or Environment? Immelt expects sales in India to grow by 8 times to $10 billion US by 2010.  These sales will also largely come from environmentally friendly technologies.
Suggestions Are your employees comfortable providing suggestions?  Do you truly want them to be? Only  41%  of Canadian employees feel that their company is interested in their  ideas . The North American worker makes  1.1 suggestions  per year to their employers. The average Japanese worker turns in  167 suggestions  to their employer per annum.
Job Satisfaction What are the implications of these numbers?  Is satisfied adequate for your company? According to a recent  Harris Interactive  survey of Canadian workers:  Graph showing the priority placed on different reasons for satisfaction at work   49 Average age of person who claims to be satisfied 26 Average age of person who claims to be distressed 19 Percentage that feel passionate about their jobs 44 Percentage of workers that say they are either satisfied or extremely satisfied with their jobs
Turnover The cost of replacing a high-level employee may be as much as 150% of that departing employee’s salary, according to Ernst & Young. Graphs from  Thomas Staffing   How does staff turnover impact your business?  How will it?
Termination From a Toronto Star (June 28) Article  How does staff turnover impact your business?  How will it? You're left out of the communications loop, no longer sent copies of memos you normally receive or invited to meetings you usually attend.  You're given a new job, with less responsibility and no one reporting directly to you, and you're told it's a promotion.  You're handling special assignments and no longer carrying out your normal duties.  Your office is moved to an annex and you're sharing support staff.  Your boss avoids eye contact. His or her door remains closed whenever you're around.  You receive memos from your boss, confirming meetings and conversations, a level of supervision that wasn't required before.  Your boss tells you times are tough, so you won't be getting your normal bonus and your salary will be frozen. You learn that others haven't been given this news.
Investment and Growth in China From the US-China Business Council You are probably aware of how increased investment in countries like China are impacting your business.  How will the consequences of their growth – like overproduction – impact you? The Chinese economy grew 10.2 percent in the first quarter of 2006 China’s Global Trade Surplus has grown strongly in 2006, reaching $23.3 billion in the first quarter Utilized foreign direct investment (FDI) dropped by 0.5 percent in 2005, but increased by 6.4 percent in the first quarter of 2006 to $14.2 billion In late 2005, NDRC identified 11 sectors facing overproduction in China: cement, aluminum, ferroalloy, calcium carbide, steel, autos, power, coal, copper, charcoal, and textiles.
Consumption and Growth in China How will a growing global market help your business grow? Retail sales in China rose 12.8 percent in the first quarter Rural consumption accounts for 40 percent of China's total, according to the Economist Intelligence Unit (EIU). Rural incomes grew nearly 12 percent in 2004 and 2005, after several years of growth of around 5 percent  In the first quarter of 2006, urban incomes rose 10.8 percent, and rural incomes were up 11.5 percent From the US-China Business Council China's first-ever National Economic Census, released this past December, shows that the private and service sectors are leading sources of employment--by some estimates services account for 30 percent of new jobs created. By the end of 2005, consumer goods distribution employed 56 million, or 24 percent of the service sector.
The Chinese Economy What do these numbers mean to your business, and how will you react?  Note: * of enterprises with sales of more than RMB 5 million; NA = not available; **Growth rate in March 2006 Sources: National Bureau of Statistics, People's Bank of China, Reuters 26.6 $197.3 billion 28.4 $762 billion Exports 24.8 $174 billion 17.6 $660 billion Imports   $ 875.1 billion 34.3 $819 billion Foreign exchange reserves 18.8** RMB 29,876 billion M2 (Cash and deposits) NA -- 4.2% Registered urban unemployment 11.5 RMB 1,094 6.2 RMB 3,255 Per capita net income of rural households 10.8 RMB 3,293 9.6 RMB 10,493 Per capita disposable income of urban households 12.8 RMB 1,844.0 billion 12.9 RMB 6,718 billion Retail sales 1.2 -- 1.8 -- Consumer price index 16.7 RMB 1,782.2 billion 11.4 RMB 7,619 billion Industrial value-added output* 27.7 RMB 1,390.8 billion 25.7 RMB 8,860 billion Fixed-asset investment 10.2 RMB 4,331.3 billion 9.9 RMB 18,232 billion GDP % Growth Year on Year First-Quarter 2006 Amount % Change over 2004 2005 Amount   Economic Indicators Sources: Asian Development Bank, Bloomberg, Deutsche Bank, National Bureau of Statistics, 2006 PRC Government Work Report  9.2 World Bank 9.5 International Monetary Fund 9.0 Deutsche Bank  9.5 Asian Development Bank 9.0 National Bureau of Statistics 8.0 Official PRC government target GDP (% growth) 2006   GDP Growth Estimates, 2006
Population and Growth in India How will a growing global market help your business grow? India is one-sixth of the world’s population, with a population of over 1 billion. 18.4 million people call Bombay (formally know as Mumbai) home. Bombay is projected to be the second most populous metropolis in 2015, the first being Tokyo. In the first quarter of 2006, urban incomes rose 10.8 percent, and rural incomes were up 11.5 percent Sources: McKinsey & Co.; Forbes; Government of India
The Indian Economy What is your business doing to support India’s growing economy, and how will you grow with it? In 2005, India’s GDP growth was 8.4 % in comparison with China’s that was 10%. $2.00 a day or less is lived on by 81% of India’s population. India’s foreign investment was estimated at 8.4 billion in 2005. Import’s increased by 20.5% in April 2005. Source: Time Magazine – June 2006  Export’s increased by 27.1% in April 2006. In April 2006 the Industrial sector grew to 9.5% from 8.1% 12 months prior
Economic Growth in India & China Where ? China has overtaken India in regards to “hard infrastructure” (roads, hydro, etc.). India excels with intangible businesses (advertising, software, biotechnology, etc.) By 2010, China’s financial assets are forecasted to be $9 trillion, while India’s have been forecasted at $2 trillion. The number of privately owned banks in India has risen 25% in recent years. 60% of India’s GDP, and 190% of China’s are deposits. Source: Global Insight
What will make Canada competitive in 10 years?  20 years? Canada, India & China machinery and equipment, oil and mineral fuels, plastics, optical and medical equipment, organic chemicals, iron and steel crude oil, machinery, gems, fertilizer, and chemicals machinery and equipment, motor vehicles and parts, crude oil, chemicals, electricity, durable consumer goods  Main Imported Products machinery and equipment, plastics, optical and medical equipment, iron and steel textile goods, gems and jewelry, engineering goods, chemicals, leather manufactures motor vehicles and parts, industrial machinery, telecommunications equipment; wood pulp, timber, natural gas, electricity  Main Exported Products $7.262 trillion $3.633 trillion $1.077 trillion GDP 2006 (estimation) 1,306,313,812 1,103,371,000 32,584,573 Population China India Canada
Canada, China & India How will a growing global market help your business grow? Statistics provided by www.cia.gov 0-14 yrs:20.8% 15-64 yrs:71.4% 65 and up:7.7% Average age:32.7 0-14 yrs:30.8% 15-64 yrs:64.3% 65 and up:4.9% Average age:24.9 0-14 yrs:17.6% 15-64 yrs:69% 65 and up:13.3% Average age:38.9 Age Structure (2006) 10% in 2001 25% in 2002 15.9% in 2003 Pop. Below the Poverty Line 20% in 2003 9.9% in 2005 6.8% in 2005 Unemployment Rate Men:95.1% Women:86.5% Total Pop:90.9% Men:70.2% Women:48.3% Total Pop.59.5% Men:99% Women:99% Total Pop.99% Literacy Rate of Adults(2003) China India Canada
Top 10 Oil Producers Source:   Oil & Gas Journal,  Vol. 103, No. 47 (Dec. 19, 2005).  What will Canada’s vast reserves mean to our economy?  What will our reserves and economy mean to your business? 1292.5 WORLD TOTAL 176.8 REST OF THE WORLD 35.9 NIGERIA 10 39.1 LIBYA 9 60.0 RUSSIA 8 79.7 VENEZUELA 7 97.8 UNITED ARAB EMIRATES 6 101.5 KUWAIT 5 115.0 IRAQ 4 132.5 IRAN 3 178.8 CANADA 2 264.3 SAUDI ARABIA 1 PROVED RESERVES (BILLION BARRELS) COUNTRY RANK
Top 10 Oil Consumers Why does Canada consume so much oil?  Will we continue to rank this high for decades to come? Source: Z Magazine Map Source: www.bp.com 2.011 INDIA 2.040 FRANCE 2.048 CANADA 2.123 BRAZIL 2.126 SOUTH KOREA 2.531 RUSSIA 2.814 GERMANY 4.854 CHINA 5.443 JAPAN 19.993 UNITED STATES CONSUMPTION (Millions of barrels per day) COUNTRY
Will our angle be environmentally friendly technologies, or China/Globalization? U.S Gasoline Consumption America is the largest consumer of Petroleum in the world, using more than 9 million barrels of gasoline a day. Every 5 miles (8.04 km) driven above 60 mph (96.56 km/h) is equal to paying an extra 20 cents a gallon for gas. Sales of SUV’s dropped 15% in the first half of 2006, while compact vehicles raised 8%. The US imports 10% of it’s gasoline, but that number jumped to 28% due to high demand and limitations after hurricanes Katrina and Rita.
Are the less familiar sources on this list impractical?  If not, what will allow your organization to be an early adopter? Top 10 Energy Resources for the 21 st  Century* 10.  SOLAR – It requires no additional fuel and is pollution free.  The drawbacks: the initial costs, lack of large spaces and air pollution that can block the sun. 9.  COAL - There is enough supply to last approx. another 200-300 years.  Although, it releases chemicals when mixed with water that causes acid rain. 8.  WIND - Currently is the cleanest form of electricity.  The problem, the wind doesn’t always blow. 7.  PETROLEUM - Currently a major resource, and can be changed into many products.  However; oil produces carbon dioxide and oil spills threaten the ecosystem. 6.  BIOMASS - Releasing chemical energy from organic matter; such as, wood chips and crops.  The problem is this causes carbon dioxide. 5.  HYDROELECTRICITY - This is from moving tides and under-ocean currents.  Unfortunately, recent studies show that the dams can cause high levels of carbon dioxide and methane. 4.  OCEAN THERMAL ENERGY CONVERSION - Uses the temperature difference between the warm surface water heated by the sun, and the much deeper cold water.  The drawback is the small temperature difference, so it’s only 1-3 percent efficient. 3.  NUCLEAR - Most plants use Fission instead of Fusion, as Fusion needs to have very high temperatures maintained and a great deal of energy to produce. 2.  FUEL CELLS - Uses hydrogen and oxygen to produce energy that is pollution free.  Unfortunately, most hydrogen is in other molecules (such as water), this means hydrogen must be produced with other sources of energy, which usually includes fossil fuels. 1.  ANTIMATTER - Very limited resources, it can be produced but at very high cost. *As rated by:   www.livescience.com
How has Agribrands affected these positive trends?  How can you continue to ensure that they remain positive? Dairy Production Milk production & dairy cow population Source: Statistics Canada Figure 6. Canadian Dairy Trade Balance (millions of dollars)  Number of Dairy Farms and Plants per Province in Canada - 2004  Prepared by Agriculture and Agri-Food Canada - Dairy Section Canadian Dairy Commission Dairy Farmers of Canada 7 41 Newfoundland 9 301 Prince Edward Island 18 344 Nova Scotia 12 285 New Brunswick 179 8054 Quebec 130 5641 Ontario 17 555 Manitoba 2 294 Saskatchewan 38 776 Alberta 51 679 British Columbia Plants Farms Province
Many factors – including health & safety – indicate that dairy consumption will experience strong growth.  What will Agribrands role be in this phenomenon?  Dairy Consumption Incidents of food poisoning reported by laboratories, medical officers of environmental health, and environmental health officers in 2005 Source: Statistics Canada Canadian projected consumption growth, 2000-2020 Canadian Dairy Imports Canadian Dairy Imports
Driving Dairy Success
Why hasn’t the trend of near equality by gender reached the executive level in “developed countries”?  Childhood Education Childhood education – Source, UNESCO Regional distribution of primary-age children not enrolled 2004-2005  [ Figure source ]:  The Millennium Development Goals: Progress, Reversals and Challenges . UNDP, 2006. Estimated illiteracy rate in 2000 (male and female, age 15) in percentage. [ Figure source ]: UNICEF, 2005.
Will gender and race inconsistencies within executive education balance out?  Executive Education Nationalities represented in North American Business Schools Industries represented in North American Business Schools 18% of Harvard Business School’s Open Enrollment Executive Education Programs are female 20% of their faculty are women BusinessWeek (October, 2005) ranks these programs #1 in the world
Many factors – including health & safety – indicate that dairy consumption will experience strong growth.  What will Agribrands role be in this phenomenon?  Post Secondary Education
How do your employees feel about your performance appraisal system?  Do their opinions affect the system?  Performance Appraisal Sources: Adecco SA, Mercer Human Resources Consulting 61 Percent that feel that understand their company’s review process and methodology 24 Percent that feel reviews do not happen on a regular enough basis 44 Percent that feel that they receive any feedback that is “constructive” 49 Percentage of employees that believe managers take performance reviews seriously 37 Percent that feel satisfied in their jobs despite good performance not being recognized 28 Percent that think good performance is rewarded in their paycheck
Are your review systems made fun of?  Is this inevitable?  Will the majority of those with unfavourable reviews always blame the system?  Performance Appraisal The Salary Axiom: The pay raise is just large enough to increase your taxes and just small enough to have no effect on your take-home pay.  Axiom from:  www.successunlimited.co.uk
Many sources claim to know the flaws in performance appraisals.  How does your organization qualify the “stupid” bugs in the system?  Performance Appraisal Stupid Thing #6 : Believing they are in position to accurately assess staff.   Stupid Thing #1 : Spending more time on performance appraisal than performance PLANNING, or ongoing performance communication.   Stupid Thing #2 : Comparing employees with each other.   Stupid Thing #3 : Forgetting appraisal is about improvement, not blame.   Stupid Thing #4 : Thinking a rating form is an objective, impartial tool.   Stupid Thing #5 : Stopping performance appraisal when a person's salary is no longer tied to the appraisals.   Stupid Thing #7 : Cancelling or postponing appraisal meetings.   Stupid Thing #8 : Measuring or appraising the trivial.  Stupid Thing #9 : Surprising employees during appraisal.  Stupid Thing #10 : Thinking all employees and all jobs should be assessed in exactly the same way using the same procedures.   Taken from  www.work911.com
Employee turnover was demonstrated to drop from 18% to 7% after a corporate fitness program was offered to several large Canadian Corporations
Many sources claim to know the flaws in performance appraisals.  How does your organization qualify the “stupid” bugs in the system?  Internet Use Graph from www.onedegree.ca
Many sources claim to know the flaws in performance appraisals.  How does your organization qualify the “stupid” bugs in the system?  Internet Use US            Google Inc. November 2001 http:// www.google.nl 25 US            Google Inc. August 2005 https:// mail.google.com 24 NL            Kennisnet  Platform Content en  Diensten November 2003 http:// en.wikipedia.org 23 US            Google Inc. April 2002 http:// news.google.com 22 US            Akamai  Technologies November 1998 http:// search.msn.com 21 US            HotJobs.com , Ltd. July 2003 http:// us.rd.yahoo.com 20 US            eBay, Inc July 2004 http:// my.ebay.com 19 US            Google Inc. March 2000 http:// www.google.it 18 UK            Rackspace.com June 2004 http:// toolbar.netcraft.com 17 US            eBay, Inc May 1998 http:// search.ebay.com 16 US            AOL Transit Data Network October 1995 http:// www.cnn.com 15 US            Google Inc. November 2001 http:// images.google.com 14 US            Google Inc. June 2000 http:// www.google.ca 13 US            eBay, Inc April 1998 http:// cgi.ebay.com 12 US            Akamai  Technologies December 1995 http:// www.foxnews.com 11 UK            BBC Internet Services, Docklands. August 1995 http:// www.bbc.co.uk 10 US            Google Inc. June 2004 http:// mail.google.com 9 UK            BBC News Online December 1997 http:// news.bbc.co.uk 8 US            Microsoft Corp August 1995 http://www.microsoft.com 7 US            Google Inc. November 2001 http:// www.google.fr 6 US            Google Inc. April 1999 http:// www.google.co.uk 5 US            Google Inc. May 2002 https:// www.google.com 4 US            Google Inc. April 1999 http:// www.google.de 3 US            Inktomi  Corporation August 1995 http:// www.yahoo.com 2 US            Google Inc. November 1998 http:// www.google.com 1 Country Netblock First Seen Site Rank
Many sources claim to know the flaws in performance appraisals.  How does your organization qualify the “stupid” bugs in the system?  Internet Use

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Discovery Posters

  • 1. Below is the frame for our annotation, which shall remain constant. Please copy this slide and paste it at the bottom of the list, then add your own text/images/whatever. Add any further instructions such as specific dates things should be posted in the notes. Dates when slides have been printed, and dates when slides have been posted will also both be entered in the notes by whoever completes those tasks. Keep position and font of this annotation box. Ideally, try and retain this font size as well.
  • 2. “ Not invented here” may be your smartest innovation strategy. To source ideas, consider using innovation “headhunters”—associations that connect interested companies with universities, labs, consultants, and firms that can develop solutions to your innovation challenges. And forge strategic alliances, joint ventures, and licensing arrangements with organizations that possess the technical know-how and skills to help you bring the best ideas to market. Insert picture of On Point printed From PDF here. Sometimes advertisements for courses can be as valuable as the courses themselves. Dear John Abele: A better approach to sustainable, profitable innovation? Gather promising ideas outside your company—from other industries as well as vendors, customers, and even competitors. Then develop those ideas into new or refined offerings—quickly and cheaply—using your firm’s R&D, manufacturing, and marketing prowess. Exceptional companies in industries as diverse as computing, aviation, and pharmaceuticals are innovating from the outside in. Their reward? Distinctive products and services—developed faster and cheaper than the competition.
  • 3. This highly original answer so incensed the examiner that the student was failed. The student appealed on the grounds that his answer was indisputably correct, and the university appointed an independent arbiter to decide the case. The arbiter judged that the answer was indeed correct, but was it appropriate to the problem? It was decided to call the student in and allow him six minutes in which to provide a verbal answer which showed at least a minimal familiarity with the basic principles of physics. For five minutes the student sat in silence, forehead creased in thought. The arbiter reminded him that time was running out, to which the student replied that he had several extremely relevant answers, but couldn't make up his mind which to use. On being advised to hurry up the student replied as follows: "Firstly, you could take the barometer up to the roof of the skyscraper, drop it over the edge, and measure the time it takes to reach the ground. The height of the building can then be worked out from the formula H = 0.5g x t squared. But bad luck on the barometer. Or if the sun is shining you could measure the height of the barometer, then set it on end and measure the length of its shadow. Then you measure the length of the skyscraper's shadow, and thereafter it is a simple matter of proportional arithmetic to work out the height of the skyscraper.“ "But if you wanted to be highly scientific about it, you could tie a short piece of string to the barometer and swing it like a pendulum, first at ground level and then on the roof of the skyscraper. The height is worked out by the difference in the gravitational restoring force T = 2 pi sqroot (l / g).“ Great Moments in Physics! "Or if the skyscraper has an outside emergency staircase, it would be easier to walk up it and mark off the height of the skyscraper in barometer lengths, then add them up.“ "If you merely wanted to be boring and orthodox about it, of course, you could use the barometer to measure the air pressure on the roof of the skyscraper and on the ground, and convert the difference in millibars into feet to give the height of the building.“ "But since we are constantly being exhorted to exercise independence of mind and apply scientific methods, undoubtedly the best way would be to knock on the janitor's door and say to him 'If you would like a nice new barometer, I will give you this one if you tell me the height of this skyscraper'.“ The student was Niels Bohr, the only person from Denmark to win the Nobel prize for Physics. The following concerns a question in a physics degree exam at the University of Copenhagen. "Describe how to determine the height of a skyscraper with a barometer.“ One student replied: "You tie a long piece of string to the neck of the barometer, then lower the barometer from the roof of the skyscraper to the ground. The length of the string plus the length of the barometer will equal the height of the building.“ Will you be winning any Nobel prizes for your openness to alternative solutions presented in your meeting?
  • 4. As a high-school student in the 1950s, John Koza yearned for a personal computer. That was a tall order back then, as mass-produced data processors such as the IBM 704 were mainframes several times the size of his bedroom. Now 62 and an adjunct professor at Stanford University, Koza is the inventor of genetic programming, a revolutionary approach to artificial intelligence (AI) capable of solving complex engineering problems with virtually no human guidance. Koza’s 1,000 networked computers don’t just follow a preordained routine. They create, growing new and unexpected designs out of the most basic code. They are computers that innovate, that find solutions not only equal to but better than the best work of expert humans. His “invention machine,” as he likes to call it, has even earned a U.S. patent for developing a system to make factories more efficient, one of the first intellectual-property protections ever granted to a nonhuman designer. Like every engineering breakthrough, genetic programming did not emerge fully formed from the ether. Rather it grew out of two promising yet unfulfilled lines of research in computer science: genetic algorithms and artificial intelligence. Koza’s thesis adviser at the University of Michigan was John Holland, the man widely regarded as the father of genetic algorithms, has lately been researching what such ingenuity might tell us about the creative process in humans. He believes that revolutionary ideas don’t come at random but are “new combinations of fairly standard parts with which we’re already familiar.” He cites as examples the internal combustion engine and the airplane, for which all the components were available long before the invention came along, lacking only someone with adequately broad knowledge, deep resources and the temperament to combine them. “Evolution is good at recombining building blocks to get innovations,” Holland says. The machine has inspired a new way to think about our own creative process: Perhaps extraordinary thinking is simply the product of gradual refinements and serendipitous recombinations. Darwin’s combination of mutation, sex and selection creates not just new species, or antennas: It spawns creativity itself. As genetic programming becomes pervasive over the next decade, the process of finding good solutions to difficult engineering problems will become efficient in the way that once-arduous tasks such as 3-D rendering have become routine. But, as with 3-D rendering, the real challenge will lie in deciding what to create. In the future, as solutions become plentiful and cheap, the real test of creativity will come in the search for problems. Tools for solving problems are always evolving. What convening strategies are you using to define the problem/need in innovative ways? John Koza Has Built an Invention Machine Its creations earn patents, outperform humans, and will soon fly to space. All it needs now is a few worthy challenges
  • 5. What are the effects of the world’s growing population on our society? On your business? World Population One fifth of all humans that have existed in the last six thousand years are currently alive The world’s population reached 1 billion in 1802 6 billion was reached in 1999 The UN’s Population Division projects that 9 billion people will populate Earth by 2020
  • 6. How will your business and your suppliers cope with a depleted workforce? The Workforce “ Within the next decade, for every two people who are retiring there will be less than one person to take their place.” -Linda Duxbury Sprott School of Business Potential Labour Force Entrants vs. Retirees Canada, 1972 to 2016
  • 7. How will a shrinking population in some regions impact your business and lifestyle? Decreasing Population Couples in Italy, Germany and Spain have just 1.2 to 1.3 children each The average fertility rate in Europe is 1.45 Both Russia and Japan are at 1.3 The United States is high for a developed nation, at 2.05 There is a population shortfall trend developing in Western Europe, Russia, Japan and other parts of the world. In Canada, for instance, families have an average of 1.61 children today, slightly below the "replacement level" of two children per couple.
  • 8. Blogs According to report by Jupiter Research Does your organization speak to this growing audience? 30% of North Americans read blogs. 64% of those are 30 years old or older 61% of North Americans believe that bloggers are more credible than traditional journalists. 60% of the people that read blogs are males, and 40% are females 61% have a total income of more than $60,000 per year There are 75 000 blogs created daily
  • 9. 1. 老徐 徐静蕾 新浪 BLOG http://blog.sina.com.cn/m/xujinglei 2. Boing Boing: A Directory of Wonderful Things http://www.boingboing.net 3. Engadget http://www.engadget.com 4. PostSecret PostSecret is an ongoing community art project where people mail in their secrets anonymously on one side of a homemade postcard. http://postsecret.blogspot.com 5. Daily Kos: State of the Nation http://www.dailykos.com 6. Thought Mechanics http://www.thoughtmechanics.com 7. The Huffington Post http://www.huffingtonpost.com 8. Gizmodo, The Gadget Blog http://gizmodo.com 9. Official Google Blog http://googleblog.blogspot.com 10. TechCrunch http://www.techcrunch.com The World’s Most Popular Blogs As measured by hits and unique links Who is benefiting from the traffic on these sites? How is your business benefiting from the blogging phenomenon?
  • 10. 51% prefer to log on to the Internet 35% watch TV 7% read a book 3% listen to radio 3% read a newspaper 1% read a magazine Media of Choice According to a study by Online Publishers of North Americans, ages 18-34 Is your business adjusting to these new trends in media preference?
  • 11. Effective Meetings What is the most important factor in achieving your desired meeting outcomes? 278 Number of newsletters, same topic 374 Number of books from Amazon search on “Effective Meeting Management” 4 Number of books on “Effective Moderating”
  • 12. 30 books that have been published in 2006 with the word “Leadership” in the title 66 “Leadership” books that were published in 2006 Effective Leadership? How many books must one read to become a great Leader? Are these publications improving Leadership? Among many others, the Toronto Public Library has the following books in stock: 1088 “Leadership” titles that have been published since the year 2000
  • 13. A Google search for “Innovation Blog” returns 49,600,000 results An Amazon search on “Innovation” returns 11879 books Effective Innovation? Innovation is generally accepted as the key to growth and prosperity. What are you doing to achieve it? R&D Expenditures, 2005
  • 14. General Electric Co. expects sales in China to double in the next four to five years, while its Chinese researchers should play a growing role creating products for global markets, chairman Jeff Immelt says. Immelt also announced that he signed an agreement with the Chinese government to spend up to $50 million US in China over the next five years developing more environmentally friendly technologies. Will our angle be environmentally friendly technologies, or China/Globalization? China/India or Environment? Immelt expects sales in India to grow by 8 times to $10 billion US by 2010. These sales will also largely come from environmentally friendly technologies.
  • 15. Suggestions Are your employees comfortable providing suggestions? Do you truly want them to be? Only 41% of Canadian employees feel that their company is interested in their ideas . The North American worker makes 1.1 suggestions per year to their employers. The average Japanese worker turns in 167 suggestions to their employer per annum.
  • 16. Job Satisfaction What are the implications of these numbers? Is satisfied adequate for your company? According to a recent Harris Interactive survey of Canadian workers: Graph showing the priority placed on different reasons for satisfaction at work 49 Average age of person who claims to be satisfied 26 Average age of person who claims to be distressed 19 Percentage that feel passionate about their jobs 44 Percentage of workers that say they are either satisfied or extremely satisfied with their jobs
  • 17. Turnover The cost of replacing a high-level employee may be as much as 150% of that departing employee’s salary, according to Ernst & Young. Graphs from Thomas Staffing How does staff turnover impact your business? How will it?
  • 18. Termination From a Toronto Star (June 28) Article How does staff turnover impact your business? How will it? You're left out of the communications loop, no longer sent copies of memos you normally receive or invited to meetings you usually attend. You're given a new job, with less responsibility and no one reporting directly to you, and you're told it's a promotion. You're handling special assignments and no longer carrying out your normal duties. Your office is moved to an annex and you're sharing support staff. Your boss avoids eye contact. His or her door remains closed whenever you're around. You receive memos from your boss, confirming meetings and conversations, a level of supervision that wasn't required before. Your boss tells you times are tough, so you won't be getting your normal bonus and your salary will be frozen. You learn that others haven't been given this news.
  • 19. Investment and Growth in China From the US-China Business Council You are probably aware of how increased investment in countries like China are impacting your business. How will the consequences of their growth – like overproduction – impact you? The Chinese economy grew 10.2 percent in the first quarter of 2006 China’s Global Trade Surplus has grown strongly in 2006, reaching $23.3 billion in the first quarter Utilized foreign direct investment (FDI) dropped by 0.5 percent in 2005, but increased by 6.4 percent in the first quarter of 2006 to $14.2 billion In late 2005, NDRC identified 11 sectors facing overproduction in China: cement, aluminum, ferroalloy, calcium carbide, steel, autos, power, coal, copper, charcoal, and textiles.
  • 20. Consumption and Growth in China How will a growing global market help your business grow? Retail sales in China rose 12.8 percent in the first quarter Rural consumption accounts for 40 percent of China's total, according to the Economist Intelligence Unit (EIU). Rural incomes grew nearly 12 percent in 2004 and 2005, after several years of growth of around 5 percent In the first quarter of 2006, urban incomes rose 10.8 percent, and rural incomes were up 11.5 percent From the US-China Business Council China's first-ever National Economic Census, released this past December, shows that the private and service sectors are leading sources of employment--by some estimates services account for 30 percent of new jobs created. By the end of 2005, consumer goods distribution employed 56 million, or 24 percent of the service sector.
  • 21. The Chinese Economy What do these numbers mean to your business, and how will you react? Note: * of enterprises with sales of more than RMB 5 million; NA = not available; **Growth rate in March 2006 Sources: National Bureau of Statistics, People's Bank of China, Reuters 26.6 $197.3 billion 28.4 $762 billion Exports 24.8 $174 billion 17.6 $660 billion Imports   $ 875.1 billion 34.3 $819 billion Foreign exchange reserves 18.8** RMB 29,876 billion M2 (Cash and deposits) NA -- 4.2% Registered urban unemployment 11.5 RMB 1,094 6.2 RMB 3,255 Per capita net income of rural households 10.8 RMB 3,293 9.6 RMB 10,493 Per capita disposable income of urban households 12.8 RMB 1,844.0 billion 12.9 RMB 6,718 billion Retail sales 1.2 -- 1.8 -- Consumer price index 16.7 RMB 1,782.2 billion 11.4 RMB 7,619 billion Industrial value-added output* 27.7 RMB 1,390.8 billion 25.7 RMB 8,860 billion Fixed-asset investment 10.2 RMB 4,331.3 billion 9.9 RMB 18,232 billion GDP % Growth Year on Year First-Quarter 2006 Amount % Change over 2004 2005 Amount   Economic Indicators Sources: Asian Development Bank, Bloomberg, Deutsche Bank, National Bureau of Statistics, 2006 PRC Government Work Report 9.2 World Bank 9.5 International Monetary Fund 9.0 Deutsche Bank 9.5 Asian Development Bank 9.0 National Bureau of Statistics 8.0 Official PRC government target GDP (% growth) 2006   GDP Growth Estimates, 2006
  • 22. Population and Growth in India How will a growing global market help your business grow? India is one-sixth of the world’s population, with a population of over 1 billion. 18.4 million people call Bombay (formally know as Mumbai) home. Bombay is projected to be the second most populous metropolis in 2015, the first being Tokyo. In the first quarter of 2006, urban incomes rose 10.8 percent, and rural incomes were up 11.5 percent Sources: McKinsey & Co.; Forbes; Government of India
  • 23. The Indian Economy What is your business doing to support India’s growing economy, and how will you grow with it? In 2005, India’s GDP growth was 8.4 % in comparison with China’s that was 10%. $2.00 a day or less is lived on by 81% of India’s population. India’s foreign investment was estimated at 8.4 billion in 2005. Import’s increased by 20.5% in April 2005. Source: Time Magazine – June 2006 Export’s increased by 27.1% in April 2006. In April 2006 the Industrial sector grew to 9.5% from 8.1% 12 months prior
  • 24. Economic Growth in India & China Where ? China has overtaken India in regards to “hard infrastructure” (roads, hydro, etc.). India excels with intangible businesses (advertising, software, biotechnology, etc.) By 2010, China’s financial assets are forecasted to be $9 trillion, while India’s have been forecasted at $2 trillion. The number of privately owned banks in India has risen 25% in recent years. 60% of India’s GDP, and 190% of China’s are deposits. Source: Global Insight
  • 25. What will make Canada competitive in 10 years? 20 years? Canada, India & China machinery and equipment, oil and mineral fuels, plastics, optical and medical equipment, organic chemicals, iron and steel crude oil, machinery, gems, fertilizer, and chemicals machinery and equipment, motor vehicles and parts, crude oil, chemicals, electricity, durable consumer goods Main Imported Products machinery and equipment, plastics, optical and medical equipment, iron and steel textile goods, gems and jewelry, engineering goods, chemicals, leather manufactures motor vehicles and parts, industrial machinery, telecommunications equipment; wood pulp, timber, natural gas, electricity Main Exported Products $7.262 trillion $3.633 trillion $1.077 trillion GDP 2006 (estimation) 1,306,313,812 1,103,371,000 32,584,573 Population China India Canada
  • 26. Canada, China & India How will a growing global market help your business grow? Statistics provided by www.cia.gov 0-14 yrs:20.8% 15-64 yrs:71.4% 65 and up:7.7% Average age:32.7 0-14 yrs:30.8% 15-64 yrs:64.3% 65 and up:4.9% Average age:24.9 0-14 yrs:17.6% 15-64 yrs:69% 65 and up:13.3% Average age:38.9 Age Structure (2006) 10% in 2001 25% in 2002 15.9% in 2003 Pop. Below the Poverty Line 20% in 2003 9.9% in 2005 6.8% in 2005 Unemployment Rate Men:95.1% Women:86.5% Total Pop:90.9% Men:70.2% Women:48.3% Total Pop.59.5% Men:99% Women:99% Total Pop.99% Literacy Rate of Adults(2003) China India Canada
  • 27. Top 10 Oil Producers Source: Oil & Gas Journal, Vol. 103, No. 47 (Dec. 19, 2005). What will Canada’s vast reserves mean to our economy? What will our reserves and economy mean to your business? 1292.5 WORLD TOTAL 176.8 REST OF THE WORLD 35.9 NIGERIA 10 39.1 LIBYA 9 60.0 RUSSIA 8 79.7 VENEZUELA 7 97.8 UNITED ARAB EMIRATES 6 101.5 KUWAIT 5 115.0 IRAQ 4 132.5 IRAN 3 178.8 CANADA 2 264.3 SAUDI ARABIA 1 PROVED RESERVES (BILLION BARRELS) COUNTRY RANK
  • 28. Top 10 Oil Consumers Why does Canada consume so much oil? Will we continue to rank this high for decades to come? Source: Z Magazine Map Source: www.bp.com 2.011 INDIA 2.040 FRANCE 2.048 CANADA 2.123 BRAZIL 2.126 SOUTH KOREA 2.531 RUSSIA 2.814 GERMANY 4.854 CHINA 5.443 JAPAN 19.993 UNITED STATES CONSUMPTION (Millions of barrels per day) COUNTRY
  • 29. Will our angle be environmentally friendly technologies, or China/Globalization? U.S Gasoline Consumption America is the largest consumer of Petroleum in the world, using more than 9 million barrels of gasoline a day. Every 5 miles (8.04 km) driven above 60 mph (96.56 km/h) is equal to paying an extra 20 cents a gallon for gas. Sales of SUV’s dropped 15% in the first half of 2006, while compact vehicles raised 8%. The US imports 10% of it’s gasoline, but that number jumped to 28% due to high demand and limitations after hurricanes Katrina and Rita.
  • 30. Are the less familiar sources on this list impractical? If not, what will allow your organization to be an early adopter? Top 10 Energy Resources for the 21 st Century* 10. SOLAR – It requires no additional fuel and is pollution free. The drawbacks: the initial costs, lack of large spaces and air pollution that can block the sun. 9. COAL - There is enough supply to last approx. another 200-300 years. Although, it releases chemicals when mixed with water that causes acid rain. 8. WIND - Currently is the cleanest form of electricity. The problem, the wind doesn’t always blow. 7. PETROLEUM - Currently a major resource, and can be changed into many products. However; oil produces carbon dioxide and oil spills threaten the ecosystem. 6. BIOMASS - Releasing chemical energy from organic matter; such as, wood chips and crops. The problem is this causes carbon dioxide. 5. HYDROELECTRICITY - This is from moving tides and under-ocean currents. Unfortunately, recent studies show that the dams can cause high levels of carbon dioxide and methane. 4. OCEAN THERMAL ENERGY CONVERSION - Uses the temperature difference between the warm surface water heated by the sun, and the much deeper cold water. The drawback is the small temperature difference, so it’s only 1-3 percent efficient. 3. NUCLEAR - Most plants use Fission instead of Fusion, as Fusion needs to have very high temperatures maintained and a great deal of energy to produce. 2. FUEL CELLS - Uses hydrogen and oxygen to produce energy that is pollution free. Unfortunately, most hydrogen is in other molecules (such as water), this means hydrogen must be produced with other sources of energy, which usually includes fossil fuels. 1. ANTIMATTER - Very limited resources, it can be produced but at very high cost. *As rated by: www.livescience.com
  • 31. How has Agribrands affected these positive trends? How can you continue to ensure that they remain positive? Dairy Production Milk production & dairy cow population Source: Statistics Canada Figure 6. Canadian Dairy Trade Balance (millions of dollars) Number of Dairy Farms and Plants per Province in Canada - 2004 Prepared by Agriculture and Agri-Food Canada - Dairy Section Canadian Dairy Commission Dairy Farmers of Canada 7 41 Newfoundland 9 301 Prince Edward Island 18 344 Nova Scotia 12 285 New Brunswick 179 8054 Quebec 130 5641 Ontario 17 555 Manitoba 2 294 Saskatchewan 38 776 Alberta 51 679 British Columbia Plants Farms Province
  • 32. Many factors – including health & safety – indicate that dairy consumption will experience strong growth. What will Agribrands role be in this phenomenon? Dairy Consumption Incidents of food poisoning reported by laboratories, medical officers of environmental health, and environmental health officers in 2005 Source: Statistics Canada Canadian projected consumption growth, 2000-2020 Canadian Dairy Imports Canadian Dairy Imports
  • 34. Why hasn’t the trend of near equality by gender reached the executive level in “developed countries”? Childhood Education Childhood education – Source, UNESCO Regional distribution of primary-age children not enrolled 2004-2005 [ Figure source ]: The Millennium Development Goals: Progress, Reversals and Challenges . UNDP, 2006. Estimated illiteracy rate in 2000 (male and female, age 15) in percentage. [ Figure source ]: UNICEF, 2005.
  • 35. Will gender and race inconsistencies within executive education balance out? Executive Education Nationalities represented in North American Business Schools Industries represented in North American Business Schools 18% of Harvard Business School’s Open Enrollment Executive Education Programs are female 20% of their faculty are women BusinessWeek (October, 2005) ranks these programs #1 in the world
  • 36. Many factors – including health & safety – indicate that dairy consumption will experience strong growth. What will Agribrands role be in this phenomenon? Post Secondary Education
  • 37. How do your employees feel about your performance appraisal system? Do their opinions affect the system? Performance Appraisal Sources: Adecco SA, Mercer Human Resources Consulting 61 Percent that feel that understand their company’s review process and methodology 24 Percent that feel reviews do not happen on a regular enough basis 44 Percent that feel that they receive any feedback that is “constructive” 49 Percentage of employees that believe managers take performance reviews seriously 37 Percent that feel satisfied in their jobs despite good performance not being recognized 28 Percent that think good performance is rewarded in their paycheck
  • 38. Are your review systems made fun of? Is this inevitable? Will the majority of those with unfavourable reviews always blame the system? Performance Appraisal The Salary Axiom: The pay raise is just large enough to increase your taxes and just small enough to have no effect on your take-home pay. Axiom from: www.successunlimited.co.uk
  • 39. Many sources claim to know the flaws in performance appraisals. How does your organization qualify the “stupid” bugs in the system? Performance Appraisal Stupid Thing #6 : Believing they are in position to accurately assess staff. Stupid Thing #1 : Spending more time on performance appraisal than performance PLANNING, or ongoing performance communication. Stupid Thing #2 : Comparing employees with each other. Stupid Thing #3 : Forgetting appraisal is about improvement, not blame. Stupid Thing #4 : Thinking a rating form is an objective, impartial tool. Stupid Thing #5 : Stopping performance appraisal when a person's salary is no longer tied to the appraisals. Stupid Thing #7 : Cancelling or postponing appraisal meetings. Stupid Thing #8 : Measuring or appraising the trivial. Stupid Thing #9 : Surprising employees during appraisal. Stupid Thing #10 : Thinking all employees and all jobs should be assessed in exactly the same way using the same procedures. Taken from www.work911.com
  • 40. Employee turnover was demonstrated to drop from 18% to 7% after a corporate fitness program was offered to several large Canadian Corporations
  • 41. Many sources claim to know the flaws in performance appraisals. How does your organization qualify the “stupid” bugs in the system? Internet Use Graph from www.onedegree.ca
  • 42. Many sources claim to know the flaws in performance appraisals. How does your organization qualify the “stupid” bugs in the system? Internet Use US          Google Inc. November 2001 http:// www.google.nl 25 US          Google Inc. August 2005 https:// mail.google.com 24 NL          Kennisnet Platform Content en Diensten November 2003 http:// en.wikipedia.org 23 US          Google Inc. April 2002 http:// news.google.com 22 US          Akamai Technologies November 1998 http:// search.msn.com 21 US          HotJobs.com , Ltd. July 2003 http:// us.rd.yahoo.com 20 US          eBay, Inc July 2004 http:// my.ebay.com 19 US          Google Inc. March 2000 http:// www.google.it 18 UK          Rackspace.com June 2004 http:// toolbar.netcraft.com 17 US          eBay, Inc May 1998 http:// search.ebay.com 16 US          AOL Transit Data Network October 1995 http:// www.cnn.com 15 US          Google Inc. November 2001 http:// images.google.com 14 US          Google Inc. June 2000 http:// www.google.ca 13 US          eBay, Inc April 1998 http:// cgi.ebay.com 12 US          Akamai Technologies December 1995 http:// www.foxnews.com 11 UK          BBC Internet Services, Docklands. August 1995 http:// www.bbc.co.uk 10 US          Google Inc. June 2004 http:// mail.google.com 9 UK          BBC News Online December 1997 http:// news.bbc.co.uk 8 US          Microsoft Corp August 1995 http://www.microsoft.com 7 US          Google Inc. November 2001 http:// www.google.fr 6 US          Google Inc. April 1999 http:// www.google.co.uk 5 US          Google Inc. May 2002 https:// www.google.com 4 US          Google Inc. April 1999 http:// www.google.de 3 US          Inktomi Corporation August 1995 http:// www.yahoo.com 2 US          Google Inc. November 1998 http:// www.google.com 1 Country Netblock First Seen Site Rank
  • 43. Many sources claim to know the flaws in performance appraisals. How does your organization qualify the “stupid” bugs in the system? Internet Use