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Michigan Leadership: Dug Song, CEO & Duo Security assisting former ForeSee employees after layoffs

Michigan Leadership: Dug Song, CEO & Duo Security assisting former ForeSee employees after layoffs | Change Leadership Watch | Scoop.it
In the wake of the second round of layoffs at Ann Arbor-based ForeSee, another local tech company is trying to help connect those now without jobs with companies looking for talent.
Deb Nystrom, REVELN's insight:

These are Dug Song, ‪#‎leadership‬ lessons for ‪#‎Michigan‬ and any business in the area of layoffs.  Reaching out and helping the system of up and down business employment cycles, especially, as in the case of Duo Security, when your business is hiring when another is laying off, is simply good business smarts.  The way Duo Security is doing it is 21st century smart.  #HR #21stcentury #growth

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Billion-Dollar Babies: Are All These Little Companies Really Worth $1 Billion?

Billion-Dollar Babies: Are All These Little Companies Really Worth $1 Billion? | Change Leadership Watch | Scoop.it
As small companies get valued at such large sums of money, it begs the question, "Are they really worth it?"



Part of it is that money has been cheap and there’s a lot of it sloshing around looking for a home. There’s also the sense that the next wave of computing, built on mobile devices and social software, is going to be bigger than anything that has come before it...


...these are the companies that the “smart money” has decided will be the winners out of an ocean of new startups...


Check out: Fab.com, Snapchat and other relatively tiny companies have been generating sky-high valuations...including:



 


  • Evernote, Spotify, and Airbnb.
Deb Nystrom, REVELN's insight:

Good piece including the "transfer of wealth" that provides insights to what is happening and forecasted in the tech world.  Are there any of us that haven't been touched by changes tech innovations and growth?  ~  D

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Daimler: $120M investment in Redford plant, Detroit & 115 New Jobs

Daimler: $120M investment in Redford plant, Detroit & 115 New Jobs | Change Leadership Watch | Scoop.it

"President Obama gave a shout-out to Daimler Trucks for investing $120 million in the Daimler Detroit Diesel plant in Redford, Mich..."


Some good news for Detroit, including the spin-off jobs that come with new investments.


Excerpts:


Daimler Monday announced it was investing $120 million in the Daimler Detroit Diesel plant in Redford, Mich., that will create "115 good, new union jobs building transmissions and turbochargers right here in Redford," Obama said.


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Daimler Trucks North America is the only manufacturer ....with a fully integrated powertrain from its own production...

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With the investment, Daimler Trucks North America is the only manufacturer in the North America Free Trade Agreement Region with a fully integrated powertrain from its own production, the company said in a release.


The plant already turns out engines and axles. With the investment, the plant soon will be building all the key parts that go into a truck, Obama said.


"No one else is doing that," he said.

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Deb Nystrom, REVELN's comment, December 12, 2012 1:30 PM
You are most welcome Puneet.
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America's Most Promising Companies & their Leaders: The Top 20 - Forbes

America's Most Promising Companies & their Leaders: The Top 20 - Forbes | Change Leadership Watch | Scoop.it
These privately held up-and-comers have compelling business models, strong management teams, marquee customers, strategic partners and precious investment capital.


As profiled on the Social Media Learning Lab, it's gratifying to see the social media example, Smashburger, as a top runner on this list for Forbes:


Smashburger, tops Forbe's new list of America’s 100 Most Promising Companies–privately held up-and-comers. Since 2007, the Denver-headquartered patty chain will have grown to 143 locations (half company-owned, half franchised) and $54 million in annual revenue by the end of 2011. Another 450 franchise agreements are already on the books.


The companies on our AMPC list hail from 22 industries, with software-and-services taking the biggest slice (35%).


Facts:

  • 90 have raised outside capital;
  • 70 have a CEO who is also one of the founders;
  • 12 have one younger than 35 years old;
  • 7 have yet to generate revenue; and
  • one sells a burger topped with pastrami.
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Netflix CEO posts a growth Facebook status update, Social Media Power and Transparency

Netflix  CEO posts a growth Facebook status update, Social Media Power and Transparency | Change Leadership Watch | Scoop.it

It’s quite telling that, after the SEC cleared CEO Reed Hastings’ Facebook post in April, the lede to the Wall Street Journal’s story read, “CEOs of the world, start tweeting.”


Instead of discussing the penalties Hastings could have faced or introducing more social media fears, WSJ’s angle essentially charged executives with a new job requirement: social media.

Deb Nystrom, REVELN's insight:

CEO Hastings Facebook post, “monthly viewing exceeded 1 billion hours for the first time ever," was on the line for SEC violations.  

He dodged that bullet and in doing so, he may be ushering in mainstream social media  communication with customers, employees, and partners, and ....shareholders.  


It's the conversation, baby! ~  D

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Denmark's New Female Billionaire Goes with the Success of ECCO Shoes

Denmark's New Female Billionaire Goes with the Success of ECCO Shoes | Change Leadership Watch | Scoop.it
Hanni Toosbuy Kasprzak makes her debut among the world's richest, nearly 50 years after her father first started making shoes.


The story began nearly a half century ago. That’s when Hanni's father, Karl Toosbuy, gave up his secure job managing a shoe factory in Copenhagen to strike out on his own.


He had a clear vision, namely to make functional, comfortable shoes designed to fit the foot.


Toosbuy turned that simple idea into global shoe brand Ecco. He died in 2004 but his legend lives on in his company, thanks largely to his daughter, who is chairman and owner of Ecco

Deb Nystrom, REVELN's insight:

I was at one of the Ecco stores at the Venetian in Las Vegas this April.  It's easy to see why the Ecco brand has enjoyed such solid growth despite the economic downturn.  ~  D

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Detroit on the List: 10 US Cities with the Best Job Growth Right Now

Detroit on the List: 10 US Cities with the Best Job Growth Right Now | Change Leadership Watch | Scoop.it

"The Career Builder study looked at jobs created in the most most populous metros from 2010 to 2012.  Detroit is number 4 on the list, jobs up 5%."


Great news to see Detroit listed in the #4 spot!  ~  Deb


Excerpts:


________________________


...The rebound in manufacturing helped to land Detroit in the top ten.

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“There is a close correlation between the top locations for job growth and the concentration of fast-growing industries in those markets,” said Matt Ferguson, CEO of CareerBuilder, in the study released Wednesday.
 

“Technology hiring is a big contributor for growth in the Bay Area and Raleigh and while Texas cities, Oklahoma and Salt Lake are benefiting from strong oil and gas activity.


________________________


Detroit tops the nation ...as the area that's added the most manufacturing jobs in the country from January 2010 through 2011.

________________________


...The rebound in manufacturing helped to land Detroit in the top ten while healthcare continues to thrive in Phoenix.”


The study looked at jobs created in the most most populous metros from 2010 to 2012.


4. Detroit, Mich.


Jobs added from 2010 through 2012: 92,407 (up 5 percent)


According to a report published by think tank Brookings Institution, Detroit tops the nation — coming second only to Charleston, SC — as the area that's added the most manufacturing jobs in the country from January 2010 through 2011.


Read the full article here.


Deb's comparison of Detroit and Las Vegas is also here:


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