Google TechTalks April 13, 2006 Mike Andrews Mike Andrews is a senior consultant who specializes in software security and leads the web application security …
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Google Tech Talks July 10, 2007 ABSTRACT This talk discusses recent trends in security, and what every engineer needs to know to prevent the most significant…
A Look into Boeing’s business Sponsorship
Boeing is the leading aeronautical company in the world, and by much the largest manufacturer of jetliners for commercial use, and also army aircrafts. They are the forefront joggers in aerospace innovation plus leadership, continuously creating brand new and more efficient products.
As it is a large corporation, Boeing gives out corporate sponsorships to those in need of support in funding. Organizations are usually welcomed by the company to give unsolicited sponsorship proposals since they seek to proactively create relationships with strategic and suitable partners.
Evaluation Process
creating long-term partnerships is the objective that Boeing aims to achieve in sponsorship. They assistance a select number of events plus activities which have similar passions and values. In order for this particular to possible, an evaluation procedure is conducted by Boeing to see whether an outside business is an ideal sponsorship partner.
almost all sponsorship proposals given to Boeing go through the following processes:
• Unsolicited and solicited plans are received by Boeing Corporate Communications.
• Boeing Corporate Communications then works a preliminary overview that is based on their evaluation criteria.
• If the sponsorship proposal offers potential, it is shared with the team of managers responsible for sponsorship program development tasks.
• The sharing will be evaluations of the sponsorship suggestion – taking into account the proposal’s location, subject and range – seeing if it suits with Boeing’s brand plus strategy on sponsorship.
assessment Criteria
There are six common criteria developed by Boeing within evaluating sponsorship proposals. these types of measures ensure that the benefit gained is for both parties – recruit and sponsee.
Sponsorship plans are subject to evaluation based on the following:
• The concrete benefits involved if a collaboration is pursued.
• the particular longevity the proposal provides if a partnership between the business and Boeing is established.
• The capability of the proposal to target necessary audiences and build the right kind of relationships.
• exactly how Boeing will be exposed via such a sponsorship – will it be a positive venture, will it bring in more customers and great feedback, etc.
• What kind of additional resource is the suggestion going to generate.
• will certainly a long term relationship prove to be lasting and overall beneficial to both parties?
There are specific ineligible activities that will Boeing has no interest associated with pursuit. Some of these activities are usually mentioned below:
• small leagues and other local sports activities organizations
• Charities that hold fundraising events
• person or family sponsorship requests
• Daredevil stunts plus sports
• Events that do not have any Boeing facility, item or technology
• spiritual activities
• Sponsoring journey expenses
Current Sponsorships
There are currently a number of organizations that are sponsored by Boeing. These companies are also large business that have passed the evaluation procedure and fit the assessment criteria that Boeing appears by,
Some of the current sponsors include the following below:
• Chicago Bears – this particular team is contracted simply by Boeing under a five-year support agreement.
• Museum associated with Flight – This business, relevant to the nature of Boeing, provides a detailed and extensive look into Boeing’s history and bright long term.
• The John farrenheit. Kennedy Centre for the carrying out Arts – The events kept by this institution are subsidized by Boeing. These occasions are Kennedy Center’s yearly Gala Weekend in 04, 2004 – 2008; plus Kennedy Center’s Annual respects Week in December, 2004: 08.
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Cooking Recipes – Know Where to Look for Success
Have you ever had the craving for a particular dish or meal, but cannot seem to find a recipe for it? If this sounds like you, there is no need to fret. The fact of the matter is that recipes are available all over the place. Just because you are not a master chef does not mean that you cannot find cooking recipes. If you know where to look for recipes you should never have any problem getting started with your next delicious meal.
Here are three places that you can find cooking recipes without having to spend hours looking for them.
1. The most obvious place to find cooking recipes is in a cookbook. Paper recipes are what the majority of people turn to when they are trying to make a dish that they are not familiar with. After all, paper recipes allow you to keep the instructions handy as you move through the process. The good thing about cookbooks is that there are hundreds of them for sale, with each on touching on a unique topic. You can find a cookbook that covers everything from bread making to desserts.
2. When searching for cooking recipes never overlook a good friend. Chances are that if you like to cook, you probably know somebody else that shares the passion. Why not swap recipes so that everybody can enjoy? Trading paper recipes with a friend is one of the most overlooked ways of finding new dishes to make.
3. Of course, you can search for recipes online. If there is something that you need information on in a hurry, the internet is the place to look. Computer recipes allow you to find what you need without having to buy a single thing. In addition, many people have decided to go the internet route because they can print out the computer recipes and take them to the kitchen. It does not get much easier than that.
Regardless of what type of recipe you are in need of, the fact of the matter is that they can be found in a number of different places. If you do not have luck with one of the options listed above, you can always try the next. And if none of them work for you, why not find your own way of compiling recipes?
The bottom line is that you do not have to be a cooking professional to find quality recipes.
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Take A Good Look At Christian Education
If you have the important responsibility of determining what schooling situation is best for your children, then please take your time and make an informed decision based on as much research as you can handle. There are quite a few options these days, which is all the more a good reason for parents to take seriously the job of providing the best possible education for their children. Public education, Christian education, and homeschooling are just three of many options available to families today.
Many Christian couples will opt to send their children through the Christian education system without giving it much thought. It is a Christian program, after all, so what could be the problem, right? This happens in much the same way that non-Christian parents don’t think twice about sending their children to publich school. And while I am not suggesting that Christian education is a poor choice, I am saying that it is a choice to be considered among other good choices.
There are obvious benefits to choosing Christian education for children. First and foremost, there is no better place for children to be introduced to the foundational beliefs of Christianity that during the school day as they grow up. So if you place a high priority on your children being raised in the faith that you believe in, then you should take a good look at the Christian education options in your area. See if there is more than one Christian school available and find out which program best fits the needs and beliefs of your family. Be warned, however, that sometimes choosing Christian education for your kids means sacrificing a little bit in the actual education that they will learn. This is not always the case, thankfully, but I am learning that quite often Christian education systems put things like math or science on the backburner in the hopes of really focusing in on faith issues and on how to live as Christians in a non-Christian world.
What is the best choice for your family? No one can make that but you. All I can tell you is not to make a choice about Christian education or public education quickly. Take your time, do some research, and talk to parents you trust that have put their kids through Christian education and public education to see what they would suggest. You will have to pick and chose on some things, so just begin to gather ideas and figure out what things you are and are not willing to compromise on.
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Stocks Look Pricey
The first quarter of 2006 is over. Now is a good time to reflect on stock prices and the opportunities they present.
Bargains are scarce. Equities are expensive. In recent weeks, I’ve heard several fund managers say valuations are still attractive. I don’t agree. Generally speaking, valuations are unattractive. Returns on equity are higher than historical levels. A market-wide return on equity of 15% is unsustainable. Price-to-earnings ratios may not fully reflect how expensive stocks are. Price-to-book ratios are more alarming.
There are two additional concerns. Most discussions of the relative attractiveness of equities focus on the S&P 500 and forward earnings. The S&P 500 is not the most representative index. It may not be the best index to consider when looking at market-wide valuations.
Forward earnings are (necessarily) estimates. Where current returns on equity are unsustainable, projected earnings that use similar returns on equity may overstate the earnings power of equities in general. This can occur even where the estimates appear reasonable given current earnings. If you start with unsustainable base earnings, you are likely to overestimate future earnings even if you truly believe you are assuming very modest earnings growth.
Assets in general are pricey. Value investors have few places to turn if they continue to insist upon a true margin of safety.
Bonds are unattractive. Long-term inflation risks make U.S. treasury, corporate, and municipal bonds a fool’s bet. There is little to gain and much to lose. The know-nothing investor who buys a top-quality bond today and holds it for decades may very well find his purchasing power diminished.
There may be some select opportunities in foreign equities. But, these are difficult to evaluate. Foreign government obligations are also difficult to evaluate, but that isn’t much of a problem for value investors, because most foreign government debt is priced to perfection. You’ll have to be willing to take a lot of uncompensated risks if you want to own such bonds.
Of course, there are exceptions to every rule. There may be a few bonds out there that are attractive. There certainly are a few attractive stocks out there. But, even those stocks that look very attractive relative to their peers don’t look nearly as attractive when compared to past bargains.
Value investors face a difficult choice. They can assume stock prices will return to historical levels, and hold cash until the correction comes. Or, they can accept the reality they currently face.
There is no logical reason stock prices must necessarily return to historical levels. During the twentieth century, real after-tax returns in diversified groups of common stocks were very high relative to other investment opportunities. There have been various reasons given for why this occurred. Many have said these returns were possible, because of the higher risks involved in holding equities. Over the long-term, risks were somewhat higher than today’s investors seem to remember, but they were hardly severe enough to justify the kind of performance spreads that existed during much of the twentieth century.
True, if you bought at inopportune times, it was possible to remain in a fairly deep hole for a fairly long time. But, if you gave no real consideration to the timing of your purchases or the prospects of the underlying enterprises, you did better than many bondholders who chose their investments with the utmost care.
This is a disconcerting problem. It may be that most investors are overly sensitive to the risk of an immediate “paper” loss in nominal terms, and therefore overlook the much greater risk of a gradual loss of purchasing power. Issuing fixed dollar obligations may be the best bet for any business or government that seeks to swindle investors.
For the sake of the common stockholders, I hope many of the best businesses continue to issue such obligations when money is cheap. Corporate debt gets a bad name, because it tends to be overused by those who don’t need it and shouldn’t want it (and, of course, by those businesses that do need it but won’t survive even if they get it). The businesses that would benefit the most from the use of debt usually appear to have more cash than they could ever need. But, it’s best to think ahead. For truly high quality businesses, the cost of capital will fluctuate far more wildly than the likely returns on capital.
If, during the last hundred years, stocks really were far cheaper than they should have been, is there any reason to believe stock prices will return to past levels? The past is often a pretty good predictor of the future – but, not always. It’s difficult to say whether, over the next few decades, valuations will, on average, be higher or lower than they are today. However, it isn’t all that difficult to say whether, at some point over the next few decades, valuations will be higher or lower than they are today. The answer to that question is almost certainly yes. They will be higher and they will be lower. Maybe for a few years or a few months. Maybe for a full decade. I don’t know.
What I do know is that value investors will have opportunities to make investments with a true margin of safety. But, should they wait?
That’s the most difficult question. Today, I am not finding opportunities that look particularly attractive when compared to the best opportunities of past years. But, I am still able to find a few (in fact, a very few) situations where the expected annual rate of return is greater than 15%.
That will be more than enough to beat the market. It will also likely be enough to provide a material increase in after-tax purchasing power. That’s not guaranteed, but it hardly seems holding cash would offer the better odds in this regard.
So, is an expected annual rate of return of 15% good enough? Is it reasonable to bet on the good opportunity that is currently available instead of waiting for the great opportunity that may yet become available?
I’ll leave that for you to decide.
