Ventriss: Act 46 makes exciting progress

first_imgby Lisa Ventriss, President of Vermont Business Roundtable After a tremendous amount of hard and important work by the Legislature and Administration in the last biennium around education reform, for which they deserve our recognition and appreciation, Act 46: Unification to Achieve Sustainable Governance, was signed into law in June 2015. It created immediate opportunities for school districts and supervisory unions to unify, an action which will result in better educational opportunities for students and cost effectiveness for taxpayers.Since enactment of Vermont’s merger law, we have seen some very exciting progress. The number of students served in unified districts has increased by more than 20,000, which brings the total population of students covered to roughly 42,000. Many other students live in communities that have adopted deliberate processes to move toward merger, and far fewer students are in communities that have made no progress to create systems of more reasonable scale and better opportunity. Since July 2015, voters in 50 towns within 12 supervisory unions have voted to merge 57 school districts into 11 unified union school districts (PK-12) and 1 modified unified union school district.Importantly, Act 46 provides for a multi-year process for communities that voluntarily merge into a more streamlined governance model. The Act also requires that, in 2018, the Secretary and State Board of Education realign all remaining unmerged districts into more sustainable models to meet State goals that:Provide substantial equity in the quality and variety of educational opportunities;Lead students to meet or exceed State Education Quality Standards;Maximize operational efficiencies through greater flexibility to manage, share, and transfer resources, with a goal of increasing district-level student-to-staff ratios;Promote transparency and accountability; andAre delivered at a cost that parents, voters, and taxpayers alike value.A map of merger activity shows that there are only a few Vermont communities that are reluctant to move ahead with any consolidation efforts. The arguments heard in opposition typically indicate less concern for students and taxpayers than support for a status quo that reflects anti-government sentiments, tones of elitism, and misperceptions of exceptionalism.Because Act 46 is a transformational policy framework that will benefit all Vermont’s students, it is the students whose welfare and best interests should be the focus of these communities’ discussions. And while change of this scope is challenging and can be perceived as threatening to some who are content with the status quo, or to others who may not know how to initiate change in their communities, fear of change should not keep them from taking that important step.Communities should be fearful of the results of denying better education, and thereby opportunities, to their children. Vermont’s future depends on having well-educated citizens ready to take their places in society and in the workforce.  Act 46 is an important step toward that future.last_img read more

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Vermont orders cease and desist to cryptocurrency company LevelNet

first_imgVermont Business Magazine The Vermont Department of Financial Regulation has issued a cease and desist order to LevelNet(link is external), of Irving, California, for violations related to the Vermont Uniform Securities Act. LevelNet is conducting an Initial Coin Offering (ICO) seeking to raise money from investors across the country in exchange for their newly created cryptocurrency. The department’s investigation determined LevelNet is violating Vermont law by deceptively advertising unfounded and unrealistic investment returns and failing to properly register the investment. The department ordered LevelNet to immediately stop advertising and selling in Vermont.This investigation was part of the North American Securities Administrators Association (NASAA) coordinated series of enforcement actions by state regulators to crack down on fraudulent cryptocurrency-related investment schemes.“The rapid rise of Bitcoin has made Main Street investors aware and interested in cryptocurrencies and ICOs,” said Commissioner Michael Pieciak “although many are legitimate offerings that are fully compliant with law – many are not – and this order serves as a good reminder to exercise caution when considering investing in these products.”The department previously issued a cryptocurrency investor alert(link is external) warning Vermonters about promises of exaggerated profits and that many fraudulent investment schemes involve unlicensed individuals or unregistered investments. Vermonters can contact the department at 802-828-3420 or dfr.securitiesinfo@vermont.gov(link sends e-mail) for help determining whether those selling or advising investments are properly registered.NASAA members from more than 40 jurisdictions throughout North America, including Vermont, participated in “Operation Cryptosweep,” which to date has resulted in nearly 70 inquiries and investigations and 35 pending or completed enforcement actions related to ICOs or cryptocurrencies since the beginning of May. The department’s investigation was conducted by Emily Kisicki, director of enforcement and examinations; Karla Nuissl, assistant general counsel; and overseen by William Carrigan, deputy commissioner of securities. Source: DFR 6.4.2018. website(link is external).last_img read more

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The Four Rs — Survive to Thrive

first_imgI think I can confidently say that we’re tired of hearing about “Unprecedented Times” and “The New Normal.”The truth is that things are always in flux, and there are always businesses that are making money hand over fist while others are struggling to get by. Sure, a global pandemic and economic meltdown has caused more to suffer than in a normal business cycle, but even right now, some companies are having historic years in 2020.If you’re in a company that has been fortunate enough to be doing well, I give you my permission to stop reading now and go count your cash. You’ve earned it!However, if you’ve felt the pandemic pinch over the last four months, then this blog’s for you. If you’re wondering how to go from surviving to thriving as the light becomes visible at the end of the tunnel, I give you the four Rs.Retract, regroup, reinvest and reinvent.RetractIf you’ve made it this far, odds are you’ve tightened your business’s belt, which was smart. You may have paused purchases of new equipment, reduced marketing or advertising outlays, or even furloughed some employees. It was a hard decision that you most likely deliberated long and hard about, but it freed up the cash needed to buckle down for a few months, so it was necessary and justified. Retraction is instinctive, heck, even turtles pull their heads into their shells when under attack, but while in a retracted state, it’s important not to freeze up altogether. After you retract, it’s imperative that you move on to step 2.RegroupResist the tendency to lock up and wait out the storm. The best time to tackle that new initiative or revenue stream you were contemplating may be when things are slow. Many times, when our businesses are moving fast and furious, it’s nearly impossible to get out of “production” mode long enough to shift or innovate. Take a hard, honest look at your business. If you’re struggling, ask yourself what may have helped you be more durable — diversification, service revenues, better margins, cash flow, etc. Then ask yourself: If I were to start this business from scratch today, what would it look like? Create a new vision for the ideal model and then compare it to the structure and assets already in place to determine how you build a bridge from the old to the new.See related  Strong Showing From Interactive Displays Market, as Futuresource Announces Q3 ResultsReinvestOnce you have regrouped and created your map, use that as a guide to reinvest once revenues start flowing again. The natural reaction is to get “back to normal” and just recreate what you had before in the quickest way possible to restore revenues. This may be a huge mistake. The old model is what landed you in retraction mode when the wheels fell off. Take the 6 million dollar man strategy, don’t just sew the old parts and pieces back on and hope the new reassembled version can still perform like before.We can rebuild it We have the technology We have the capability to make the worlds first bionic company Our company will be just that Better than it was before Better, Stronger, FasterReinventNow that you’ve reemerged like a butterfly bursting forth from a chrysalis, it’s time to reinvent your company. Part of that reinvention is living out the mission you’ve newly invested in. Another key part of that is marketing yourselves properly and establishing your new identity.Some of the best stories are those of people who survived hardship, turned disadvantages into strengths and then assured a victory. Be vulnerable. Be transparent.Tell the story of how you were forced to retract but wouldn’t lie down. How you were determined to regroup and create a new vision. How you reinvested in that vision, exercising the discipline not to revert to the old model and how you’ve now emerged with a new perspective and value proposition that meets tomorrow’s challenges.last_img read more

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Decision-Making Under Stress: The Brain Remembers Rewards, Forgets Punishments

first_imgTIME:If you’re trying to make an important decision while the baby is crying, the boss is shouting on the phone and the cat has chosen this moment to think outside the box, you might want to take a breather and wait. A new review shows that acute stress affects the way the brain considers the pros and cons, causing it to focus on pleasure and ignore the possible negative consequences of a decision.The research has implications for everything from obesity and addictions to finance, suggesting that stress may modify the way people make choices in predictable ways.“Stress affects how people learn,” says Mara Mather, a psychology professor at the University of Southern California and the lead author of the review. “People learn better about positive than negative outcomes under stress.”For example, two recent studies looked at how people learned to connect images, such as letters from an unfamiliar language, with either rewards or punishments.Read the whole story: TIMElast_img read more

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Relax! You’ll Be More Productive

first_imgThe New York Times:Think for a moment about your typical workday. Do you wake up tired? Check your e-mail before you get out of bed? Skip breakfast or grab something on the run that’s not particularly nutritious? Rarely get away from your desk for lunch? Run from meeting to meeting with no time in between? Find it nearly impossible to keep up with the volume of e-mail you receive? Leave work later than you’d like, and still feel compelled to check e-mail in the evenings?…Working in 90-minute intervals turns out to be a prescription for maximizing productivity. Professor K. Anders Ericsson and his colleagues at Florida State University have studied elite performers, including musicians, athletes, actors and chess players. In each of these fields, Dr. Ericsson found that the best performers typically practice in uninterrupted sessions that last no more than 90 minutes. They begin in the morning, take a break between sessions, and rarely work for more than four and a half hours in any given day.Read the whole story: The New York Times More of our Members in the Media >last_img read more

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Babcox Memorial Scholarship Winner Named

first_imgDeMoulpied comes to LSI from the Private Client Services practice of Ernst & Young where he managed strategy & operations improvement engagements for privately held client businesses. Some of his prior roles include VP of strategic development, director of strategic initiatives, and Lean Six Sigma Master Black Belt at OptumHealth, UnitedHealth Group’s health services business, as well as Lean Six Sigma Black Belt at General Electric, where he applied operations improvement principles to customer service, supply chain and product development. A successful entrepreneur, deMoulpied is also the founder of PrestoFresh, a Cleveland-based e-commerce food/grocery business.  DeMoulpied has a Bachelor of Science degree in Engineering Management from the United States Air Force Academy and a Master of Business Administration degree from the University of Dayton in Marketing and International Business. He served six years with the USAF overseeing the development of technology used on fighter aircraft and the E-3 Surveillance aircraft, finishing his career honorably as Captain. YUMA, Ariz. – The Automotive Management Institute (AMI), in conjunction with Babcox Media, announced Jeff McCloud, a technician with Express Auto/RV Care Center in Yuma, Ariz., as the recipient of the Tom B. Babcox Memorial Scholarship.AdvertisementClick Here to Read MoreAdvertisement The scholarship recognizes a management-oriented member of the Automotive Service Association (ASA) Mechanical Division. The recipient receives $1,000 to be applied toward expenses to attend educational sessions and view the latest repair technologies and equipment during the Congress of Automotive Repair and Service (CARS), Oct. 10-13, in Las Vegas. McCloud has worked in the automotive service industry for 14 years. He is an ASE-certified Master Technician and Advanced Engine Performance Specialist. He is currently working on completing the necessary requirements to earn the Institute’s Accredited Automotive Manager (AAM) designation.,Lubrication Specialties Inc. (LSI), manufacturer of Hot Shot’s Secret brand of performance additives and oils, recently announced the expansion of senior leadership. Steve deMoulpied joins LSI as the company’s chief operating officer (COO). AdvertisementClick Here to Read MoreAdvertisement LSI President Brett Tennar says, “Steve’s success in developing operational strategies that improves the bottom line, builds teamwork, reduces waste and ensures quality product development and distribution checks many of the boxes of what we were looking for in a COO. This, coupled with his career in the Air Force working with highly technical systems and his in-depth understanding of Lean Six Sigma and Business Process Management sealed our offer. As our tagline states, our products are Powered by Science. This data driven approach is one reason why our company has grown exponentially as we employ the most advanced technology to product development. I am confident that Steve is the right person to drive operational strategy for our diverse and growing brands.” Advertisement With more than 20 years of experience across multiple industries and functional areas, deMoulpied has particular expertise in organizations with complex technical products. Combined, his prior positions have required a spectrum of skills in corporate strategy, operations improvement, product quality, and revenue cycle management. He has an impressive history of utilizing data driven problem solving (Lean Six Sigma) and project management (PMP and CSM) to achieve strategic goals surrounding customer satisfaction, operational efficiency and improved profit. last_img read more

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Reckitt Benckiser hunt on hold

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

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No dice for Pearl’s bronzes

first_imgWould you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletters To access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.last_img

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CXC Exams Stay in July

first_img Six Eastern Caribbean countries deemed safe for travel – CDC You may be interested in… St. Lucia records more cases of COVID Read more at: Trinidad Guardian Share this:PrintTwitterFacebookLinkedInLike this:Like Loading… During a webinar yesterday, CXC Registrar Dr Wayne Wesley said the modified strategy was aimed at minimising disruptions to the education system whilst simultaneously yielding good grades and assessing critical competencies. #ICYMI: Yesterday Dr Wayne Wesley, CEO & Registrar of CXC, Mrs Manning, Director of Operations and Mrs Medford, Manager, Examinations Administration & Security participated in a media briefing. You can watch it here >>https://t.co/QoyqDDvD4g— CXC (@MyCXC) May 15, 2020 More deaths from COVID-19 recorded in CARICOM countries,… However, CXC has assured that all efforts will be made to preserve the integrity of the exams in all territories. CMO says Saint Lucia at critical stage of COVID-19 outbreak Oct 15, 2020 Oct 16, 2020 Oct 16, 2020 Oct 15, 2020 (Trinidad Guardian) Although several regional territories are concerned over the Caribbean Examinations Council (CXC) move to administer the Caribbean Advanced Proficiency Exam (CAPE) and Caribbean Secondary Education Certificate (CSEC) examinations in July, although COVID-19 response may still be a major issue for some countries, senior CXC officials say it will go on as planned. CXC at 40 – Celebrating the Accomplishments: Continuing the Journey“This new institution forges another link in the chain of Commonwealth Caribbean integration, a chain whose links have been increasing in number and in strength over the past ten years. It is, therefore, fitting that so early in the year 1973, which augurs well to be a year of challenge…May 28, 2019In “Barbados”CXC Regional Examinations to be held in July 2020CSEC, CAPE and CCSLC students will be sitting their examinations in July this year. That was the decision coming out of the First Emergency Virtual Meeting of the Council for Human and Social Development (COHSOD) – Education on Friday. The meeting, chaired by Antigua and Barbuda Minister of Education, Hon.…May 9, 2020In “Associate Member States”COVID Update Montserrat: CSEC and CAPE exams to begin July 13, 2020he Caribbean Examination Council (CXC) has confirmed the examination dates with regional agreement for CSEC and CAPE to begin on July 13 2020. The final timetable is available online at the CXC website, www.cxc.org . CXC asserts that results will be available in September 2020.Although the COVID-19 pandemic has impacted…June 3, 2020In “General”Share this on WhatsApplast_img read more

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M-Star widens PCN coverage

first_imgM-Star Freight Services Caucasus was established in 2011 and employs 13 staff across its Tbilisi and Poti offices.                                 Peter Terhorst, projects and exports manager, M-Star Freight Services Caucasus: commented: “M-Star has decades of experience in the handling of large-scale project transportation movements for the oil and gas, power plants and heavy industries.” M-Star Freight Services Caucasus recently handed a 20,000 cu m shipment consisting of standard and over-dimensional equipment for South Korea’s Hyundai Engineering. The cargo was transported to Ýolöten, Turkmenistan via Poti. www.projectcargonetwork.comwww.mstarfreight.comlast_img read more

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