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How to Develop Greater Influence in the Sales Process by Being a Go Giver Influencer, with Bob Burg – Episode #107

first_imgTweets you can use to share this episodeGreat #influencers #attract people, to themselves first and their ideas second. Find out why @BobBurg stresses that #influence is about personal character, on this episode of #InTheArena with @IannarinoClick To TweetGreater #influence comes from stepping into the other person’s shoes. @BobBurg explains why #compassion exerts the most influence in a #sales negotiation on this episode of #InTheArena with @IannarinoClick To TweetSubscribe toIn the ArenaApple PodcastsGoogle PodcastsAndroidby EmailRSSOr subscribe with your favorite app by using the address below Essential Reading! Get my 3rd book: Eat Their Lunch “The first ever playbook for B2B salespeople on how to win clients and customers who are already being serviced by your competition.” Buy Now Podcast: Play in new window | Download (Duration: 38:25 — 30.9MB)Subscribe: Apple Podcasts | Android | Email | Google Podcasts | RSSWhat sales professional in their right mind would NOT like to have greater influence over buyers during the sales process? It’s an ability we all need to have. But greater influence comes at a cost, and it’s a cost that’s not typically about sales techniques or approaches. It’s one you pay by doing the hard work to become a better person yourself. In this conversation, Anthony and his good friend, Bob Burg chat about why the characteristics Bob outlines in his book, “The Go-Giver Influencer” are really character traits and have to be genuinely birthed in the heart of a person before they can be capable of having greater influence in any area of life. It’s a great conversation between two sales professionals who are great friends. Be sure to listen to this episode of In The Arena.How to develop greater #influence in the #sales process by being a go-giver #influencer, with @BobBurg, on Episode 108 of #InTheArena with @iannarinoClick To TweetGreat influencers attract people, to themselves first and their ideas secondGreater influence comes from becoming a better version of yourself. Bob Burg explains that people are first attracted to you, the person they are involved with before they ever become interested in your ideas or solutions. The real power of influence comes when you are thinking about how you can benefit the other person, and that’s a mindset we have to develop as part of our character. You have to care about their needs and be genuinely focused on building everyone who is involved in the process, not just your sales accounts. Bob’s insights into these kinds of things are one of the reasons he’s made 4 appearances on this podcast, so take the time to find out why he’s considered to be a leader in the industry.Great negotiation requires collaboration that brings about better options for everyoneWhen you think about a sales negotiation you likely think of the need to come to a place of compromise that everyone involved can live with. But Bob Burg says that compromise means everyone gives up something and nobody winds up happy. Instead, he believes the salesperson needs to become a master at collaboration, coming into the situation with a view toward everyone receiving something even greater than they have in mind. When you can approach a sales negotiation with that kind of optimism and a commitment to making it a win for everyone, you’ll be the one everyone involved remembers when it comes time for another deal.Great #sales #negotiation requires #collaboration that brings about better options for everyone. Don’t resign yourself to the losing scenario of compromise. @BobBurg explains how to win at sales on this episode of #InTheArena with @IannarinoClick To TweetGreater influence comes from stepping into the other person’s shoesIt’s a tired old phrase but nevertheless true, “People don’t care how much you know until they know how much you care.” When you as a salesperson are able to step into another person’s shoes in a way that enables you to understand their true needs, you have the opportunity to influence them in a way nobody else can. Compassion goes a long way in establishing the trust necessary to consummate a sales relationship. In this episode, Bob Burg explains what it means to have compassion as a sales professional and how learning to listen “with the back of your neck” enables you to truly care for your buyers and close more deals.Your expectations about an interaction change you and influence the interaction as a resultIf you walk into a meeting expecting others to be disagreeable, contentious, or rude you will have set your own attitude in a negative direction and will influence the meeting negatively as a result, without ever meaning to do it. But if you set your expectations differently, on purpose, and go into the room with a broad smile and a belief that the people on the other side of the conversation really do want the help you provide and are eager to receive it, you’ll similarly influence the situation, but this time for good. Bob Burg explains how this is not a mystical, magical formula but a very logical and natural impact that your expectations have on you first, and the situation second. Don’t miss it. These are powerful insights from one of the greatest living business coaches of our time.Your #expectations about a #sales negotiation change you and influence the interaction as a result. Let @BobBurg help you adjust your #mindset and close more deals, on this episode of #InTheArena with @IannarinoClick To TweetOutline of this great episode Bob Burg’s 4th appearance on the show and why he’s here When is influence “pull” instead of “push.” Why does negotiation require collaboration? It’s important that a person master their emotions to have influence What does it mean to listen with the back of your neck? Why it’s important to smile with all of you The vital importance of walking into rooms with the right energy How “the frame” can change the entire context of a conversationResources & Links mentioned in this – Bob’s website, grab the first two chapters for freeAnthony’s new planner – www.B2BToolkit.comAnthony’s new training: Sales AcceleratorBob Burg on episode 7Bog on episode 28Bob on episode 54BOOK: The Go GiverBOOK: The Go Giver InfluencerBOOK: Winning Without IntimidationBOOK: Winning Through IntimidationBOOK: InfluenceBOOK: The No Complaining RuleBOOK: How to Win Friends and Influence PeopleBOOK: Emotional IntelligenceThe theme song “Into the Arena” is written and produced by Chris Sernel. You can find it on SoundcloudConnect with AnthonyWebsite: www.TheSalesBlog.comYoutube: Plus: read more

One cool ‘nerd jock’

first_imgTrump strips away truth with hunky topless photo tweet El Nido residents told to vacate beach homes Thank you, good bye! National Coffee Research Development and Extension Center brews the 2nd National Coffee Education Congress Aquino to Filipinos: Stand up vs abuses before you suffer De Lima’s ordeal PLAY LIST 02:07Aquino to Filipinos: Stand up vs abuses before you suffer De Lima’s ordeal00:50Trending Articles02:21‘Bato’ says Robredo has to toughen up: ‘This is war…hindi ka pwedeng pa-cute cute dito’02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games LATEST STORIES “Nakakaasar talaga (It can get really annoying),” says Bersola. “Athletes are some of the most disciplined people I know. I know a lot who are really hardworking in school, like my friends and classmates.”As one of the top blockers in the University Athletic Association of the Philippines (UAAP) women’s volleyball competition, Bersola powered the Lady Maroons to the league’s Final Four in 2016. But the former UP team captain, who bagged the Best Blocker award in 2014, made the court her playground and finished her pre-medicine course with the highest honors.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSWin or don’t eat: the Philippines’ poverty-driven, world-beating pool starsJust a few weeks ago, Bersola graduated summa cum laude with a degree in sports science. She’s the first from the College of Human Kinetics to receive the state university’s highest academic distinction.“It’s all about learning to prioritize,” says Bersola. “It’s also about time management. But a big factor is the genuine love and interest for both the sport and whatever course you’re taking. If you don’t really like it, you’ll have a hard time.” Bersola knows that priorities vary, but still, she encourages her peers to value the chance to study and play at the same time.“I understand the others,” she says. “There are really some people whose dream is to play in the pros. School and college athletics are just really stepping stones. But I think it’s still important to earn a degree.”Another UP athlete who took his sport and studies to heart was men’s basketball player JR Gallarza, who graduated magna cum laude last year with a degree in elementary education.Of course, it’s easy to see Bersola and Gallarza as exceptions. Clearly, both are athletically and intellectually gifted, making it easier for them to pull it all off.In a way, it’s true. Bersola graduated valedictorian in grade school at Immaculate Heart of Mary College in Parañaque City. In high school, she also landed in the top 10, even while playing for the volleyball varsity team of Makati Science High School.ADVERTISEMENT FEU Auditorium’s 70th year celebrated with FEU Theater Guild’s ‘The Dreamweavers’ View comments “Since pre-school [I enjoyed studying],” Bersola recalls. “But maybe I was a cool nerd—a nerd jock.”Being smart, though, doesn’t mean less sacrifice and hard work. As Bersola points out, she’s no different from all the other student-athletes who sometimes struggle to get it together.The 5-foot-11 middle blocker also had moments when she’d rather hit the beach or fly for travel miles than spike balls or dive into inch-thick books.“It really happens,” she shares. “In my five years in college, either I don’t get to join the family vacation or they adjust [their schedules] so I can go. Sometimes friends would also ask me to go out but I can’t go because of training. There’s really this feeling that I missed out on a lot.”“But it’s okay,” Bersola adds. “At the end of it all, everything turned out well. I wouldn’t trade it for anything.”The 21-year-old also had to overcome one of the biggest setbacks of many athletes: The dreaded ACL (anterior cruciate ligament) injury.Bersola sustained the season-ending knee injury in 2015 after an awkward landing from a spike attempt during the Lady Maroons’ game against the Adamson Lady Falcons in the UAAP. “At that time I felt it was unfair because we were having a good run,” she says.But like many top athletes, Bersola regained her strength and laser-like focus. She has also brought her act to the Premier Volleyball League (formerly Shakey’s V-League), where she’s now playing for the Perlas Spikers before starting medical school next month.As she braces for a more gruelling schedule in the UP College of Medicine—where she plans to focus on orthopedic surgery and sports medicine—can Bersola pull off another juggling act?“The automatic answer is, I’ll leave volleyball if I have to,” says Bersola. “But right now, I just can’t imagine (doing so).” Church, environmentalists ask DENR to revoke ECC of Quezon province coal plant MOST READ Lacson: SEA Games fund put in foundation like ‘Napoles case’ Hotel says PH coach apologized for ‘kikiam for breakfast’ claim Ethel Booba on hotel’s clarification that ‘kikiam’ is ‘chicken sausage’: ‘Kung di pa pansinin, baka isipin nila ok lang’ Sports Related Videospowered by AdSparcRead Next Don’t miss out on the latest news and information. Photo by Tristan Tamayo/INQUIRER.netDebunking the “dumb jock” stereotype may not be the easiest when, occasionally, sub-par grades get a standout varsity athlete kicked out of the team. But volleyball player Kathy Bersola thinks that sweeping perception—that athletes are all brawn—needs to go.There’s reason, of course, for this University of the Philippines standout to take offense after juggling—and flourishing—in both her studies and sport.ADVERTISEMENTlast_img read more

Exim Bank extends USD 500 mn LOC to SBMM

first_imgMumbai, May 29 (PTI) Export-Import Bank of India (Exim Bank) today said it has extended a line of credit of USD 500 million to the SBM (Mauritius) Infrastructure company (SBMM) for financing various infrastructure projects in Mauritius.The LOC is Exim Bank?s first one to the SBMM, Mauritius.Exim Banks has earlier extended four LOCs the Mauritius government aggregating USD 164.80 million, taking the total value of LOCs extended to Mauritius to USD 664.80 million. …………………………………………………….. Yes Bank hires former RBI ED as advisorMid-size private sector lender Yes Bank today said it has appointed former Reserve Bank executive director G Gopalakrishna as a senior strategic advisor to its top management.Gopalakrishna, a career central banker, was the executive director of the important Department of Banking Supervision and also director of the RBI-sponsored Centre of Advanced Financial Research and Learning (Cafral).He will advice Yes Banks top management on global best practices, governance and capacity building on the HR front, a bank statement said. ……………………………………………………. Carpediem Capital invests $3.5 m in Collateral MedicalCollateral Medical, a pan-India online distributor of medical Devices, raised USD 3.5 million in a Series A investment from Carpediem Capital.The funds will be used towards strengthening the companys distribution capabilities, expanding the service network and strengthening the IT infrastructure, it said in a statement here.Intellecaps Investment Banking Group advised Collateral Medical on the deal.Collateral Medical focuses on supplying medical devices for doctors, clinics, and small and medium hospitals present in Tier II and III cities. …………………………………………………….. ICICI Bank launches remittance platforms on web, mobileadvertisementThe countrys largest private sector lender, ICICI Bank, today launched a website and mobile application to simplify inward remittances by the diaspora.Using Money2India, non-resident Indians can transfer money to India in just three clicks, the bank said.It is also the first to integrate the international money transfer facility with its Internet banking platform, the statement said. …………………………………………………….. Star Sports launches Tamil sports channelStar Sports, the sports broadcast arm of Star India, today said it has launched a dedicated Tamil sports channel.A first-of-its-kind regional sports channel, Star Sports Tamil would provide curated Tamil content, the media firm said in a statement.”Tamil Nadu is a unique market with high affinity to language content and very distinctive viewing habits. Star India?s strong presence in the state has helped us understand the pulse of the Tamil sports fans. Star Sports Tamil is an extension of our belief to give people more relevant regional sports content. This is another resolute step in our constant endeavour to bring fans closer to sports,” a Star India spokesperson said. …………………………………………………….. YuppTV bags digital rights of ICC Champions TrophyInternet-based TV streaming service provider YuppTV today said it has bagged the exclusive digital rights for the upcoming ICC Champions Trophy 2017 for Canada and non-exclusive digital rights for Continental Europe.YuppTV users in Canada and Continental Europe, excluding Germany, Switzerland and Austria, will be able to view the cricket tournament live on the platform.”It has been our constant endeavour to make it easier for users to access entertainment over the Internet. Now, with the latest development, cricket enthusiasts will be able to catch the intense cricketing action.”Since cricket enjoys a cult following across the globe, we look forward to receiving a positive response from our customers,” YuppTV Founder and CEO Uday Reddy said. PTI AA HV DSK DS RSY BASlast_img read more

We can win ISL if we work hard: Bengaluru FC coach

first_imgBengaluru FC failed in their bid to reach the AFC Cup final for the second consecutive year but head coach Albert Roca is optimistic that his side can only get better in the season and can win the Indian Super League which begins next month.”There is less than a month to go for ISL. It is going to test our efforts in that and as much as we work hard, we can take the trophy from there,” Roca said after his team lost to Tajikistan side FC Istiklol 2-3 on aggregate in the two-legged Inter-Zone final.Bengaluru lost the first leg 0-1 in Hisor last month and then played out a 2-2 draw here last night.Roca said he was optimistic about his side improving from hereon as the players have a never-say-die attitude.”What I see is that the team does not give up no matter what, so I am optimistic that it will only get better from here on for this team,” he said.”In terms of football, we have a long road and we will have few changes as the season begins,” he added.Bengaluru FC Photo Roca said he wants his team to forget yesterday’s loss to Istiklol and focus on the future and be positive.Star striker Sunil Chhetri said It was one of those games his side did everything to get a win but to no avail.Asked what was the talk in the team at half time after Harmanjot Khabra was shown the red card, Chhetri said, “It was really difficult, at halftime the talk was just to go out there and give our best.”advertisement”And once it began I saw Udanta (Singh) was on the go, he was all over the place from one end to the other that pushed me to do the same,” he added.Roca said it became difficult for the team to continue for rest of the match with ten men. He said he would not entirely blame Khabra, but in crucial matches players need to be cautious.Bengaluru FC Photo “The second yellow cost us a lot but it did not cost the opponents much who committed similar action and it’s unbelievable. But these are things we have to live with and yes we had to pay for our actions,” he said.On the decisions of referee, Roca said, “Decisions including red carding Khabra put the team on the backfoot and on a difficult position, but these incidents are not under our control.”I think there was too much that they had to go through.The actions taken by them are so important that and it can break anything in a game,” he said.”Those decisions and the red card just put us in the backfoot and put us in a difficult decision. But these are certain things that we could not do much about it and it was out of our control,” said Roca.last_img read more

Columbia’s, Lakers’ Foward McMillian, 68, Dies

first_imgLOS ANGELES — Jim McMillian, who helped the Los Angeles Lakers to a 33-game winning streak and the 1972 NBA championship as a second-year pro playing with Wilt Chamberlain and Jerry West, died May 16. He was 68.He died from complications of heart failure at a hospital in Winston-Salem, North Carolina, after being in failing health in recent months, according to his sister-in-law Denise Sheridan.The Lakers made McMillian the 13th overall pick in the first round of the 1970 draft out of Columbia University.He was also drafted in the first round by the New York Nets of the ABA, but chose the Lakers. He averaged 15.3 points during three seasons in Los Angeles.He was a key member of the Lakers’ first championship team in the city after their move from Minneapolis. He averaged 19.1 points in replacing retired Elgin Baylor at forward, a move that coincided with the start of the team’s 33-game winning streak.The roster included Chamberlain, West, Gail Goodrich, Happy Hairston, Keith Erickson and Pat Riley. They were coached by Bill Sharman.Despite his relative youth, McMillian fit in seamlessly with his veteran teammates.“Jim could run and fill the lanes with the best of them. He had a great 15-foot jump shot,” Erickson said. “Jim was young and eager. He was a perfect complement on our team.”After one more year in Los Angeles, the Lakers traded the 6-foot-5 forward to the Buffalo Braves for Elmore Smith.“Jim was an important part of Lakers history, as a key member of our first championship team in Los Angeles in 1972,” said Jeanie Buss, Lakers President and Co-owner. “His passing is a sad day for us.”McMillian later played for the New York Knicks and Portland Trail Blazers during his nine-year NBA career. After leaving the league, he moved to Italy and played two years for a team in Bologna.He returned home to work in a wholesale retail business before founding his own clothing business. He later worked for a clothing manufacturing company.McMillian attended occasional reunions for the ’72 team. Sharman’s widow, Joyce, got to know McMillian when she helped produce a film about that championship season.“To know Jim is to love him. He is a big gentle giant,” said Sharman, who last saw McMillian six months ago in Los Angeles at a dinner. He turned down the organizers’ offer of a ride and told Sharman he wanted her to drive him even though she has a small car.“His knees were up to the roof of the car,” she recalled. “We laughed the whole way there and the whole way back.”Born March 11, 1948, in Raeford, North Carolina, McMillian was raised in Brooklyn, where he starred at Thomas Jefferson High School before going on to Columbia.He led the Lions to a 63-14 record during three seasons and their last NCAA Tournament appearance in 1968, as a sophomore when he averaged 17 points and 11 rebounds during their three-game tournament run.They lost to Davidson in overtime of the East Regional semifinal before beating St. Bonaventure in the consolation game.McMillian is second on the school’s career scoring list with 22.9 points and still holds the marks for field goals in a season (253) and career (677).Nicknamed “Jimmy Mac,” McMillian was a three-time All-America and All-Ivy League player.“Jim was a quiet and powerful leader,” said Jonathan Schiller, Chairman of Columbia’s board of trustees and former teammate of McMillian.“Jim was a supportive and close friend to each of his teammates. We know well that Jim was and will always be remembered as one of the most gifted student-athletes to attend Columbia University.”Erickson recalled McMillian carried a book with him everywhere. “He was quiet,” he said. “He read a lot, very thoughtful.”He is survived by his wife of 43 years, Alexis, son Aron, daughters Erica and Emon, and seven grandchildren.(BETH HARRIS, AP Sports Writer)TweetPinShare0 Shareslast_img read more

FIFA 18: CONMEBOL World Cup ratings revealed

first_imgeSports CONMEBOL ratings revealed for FIFA 18 World Cup mode Goal Last updated 1 year ago 23:25 5/22/18 FacebookTwitterRedditcopy Comments(0) Luis Suarez Uruguay Czech Getty Images eSports Uruguay Colombia Peru World Cup The likes of Luis Suarez, Edinson Cavani, James Rodriguez and Juan Cuadrado could light up the tournament in Russia… but how are they rated?last_img

Kirk Herbstreit Reveals Controversial New CFB Playoff Prediction

first_imgKirk Herbstreit on the set of ESPN's College GameDayNEW YORK, NY – SEPTEMBER 23: GameDay host Kirk Herbstreit is seen during ESPN’s College GameDay show at Times Square on September 23, 2017 in New York City. (Photo by Mike Stobe/Getty Images)ESPN college football analyst Kirk Herbstreit has updated his College Football Playoff prediction in the middle of conference championship Saturday.Herbstreit has updated his prediction following Oklahoma’s win over Texas and the start of the Alabama-Georgia game.The Bulldogs are currently leading the Crimson Tide, 14-7, in the middle of the second quarter.Herbstreit outlined three different scenarios and what he would do in each of them.The picks:If Bama wins close game 1-Bama 2-Clemson 3-ND 4-UGAIf UGA wins1-Clemson 2-UGA 3-Bama 4-NDIf Bama blows UGA out1-Bama 2-Clemson 3-ND 4-OU/OSU debate.So, Herbstreit thinks, barring an Alabama blowout, Georgia should make it into the College Football Playoff with two losses.That will be controversial.If Bama wins close game1-Bama2-Clemson 3-ND4-UGAIf UGA wins1-Clemson2-UGA3-Bama4-NDIf Bama blows UGA out1-Bama2-Clemson 3-ND4-OU/OSU debate.— Kirk Herbstreit (@KirkHerbstreit) December 1, 2018The 2018 College Football Playoff field will be unveiled on Sunday afternoon on ESPN.Who are you picking?last_img read more

SC seeks Centres reply on plea for setting up human rights courts

first_imgNew Delhi: The Supreme Court Monday agreed to hear a plea seeking direction to the Centre for setting up human rights courts in every district of the country as mandated under the Protection of Human Rights Act.A bench comprising Chief Justice Ranjan Gogoi and Justices Deepak Gupta and Aniruddha Bose issued notice to all 29 states on the plea which also sought appointment of Special Public Prosecutors (SPPs) for conducting speedy trial of offences arising out of human rights violation within a time period of three months. Also Read – How a psychopath killer hid behind the mask of a devout laity!The petition filed by a law student, Bhavika Phore, sought direction to the Centre for providing sufficient and adequate funds for setting up of human rights court in all 725 districts in 29 states and seven Union Territories in a time bound manner. She also sought an instruction to registrars of all the high courts for the same. The plea filed through advocate Aakarsh Kamra also sought the Centre and the states to adhere with and implement the provisions of Sections 30 and 31 of the Protection of Human Rights Act (PHRA). Also Read – Encounter under way in Pulwama, militant killedSection 30 of the PHRA says the state government in concurrence of the Chief Justice of the concerned high court will specify for each district a human rights court for speedy trial of human rights violation, whereas Section 31 of the Act provides for the state government to specify and appoint SPPs for conducting cases. The plea refers to many reports on custodial deaths in the country in the past years referring to “abuse of power” and “unfathomable torture” undergone by individuals due to police excess. It also stated the records of the National Human Rights Commission (NHRC) from 2001 to 2010, according to which 14,231 persons died in police and judicial custody, of which 12,727 died in judicial custody–a large majority of which was a direct consequence of custodial torture. “Torture remains endemic, institutionalised and central to the administration of justice. India has demonstrated no political will to end torture as it remains widespread and integral to law enforcement,” the petition said. “It is the obligation of the constitutional courts to zealously guard the right to liberty of an individual as the dignified existence of an individual has an inseparable association with liberty,” the plea said.last_img read more

LIC offers Rs 125 lakh cr line of credit by 2024 to

first_imgNew Delhi: As part of innovative modes of financing to meet India’s huge infrastructure appetite, insurance giant LIC has agreed to offer Rs 1.25 lakh crore line of credit by 2024, to fund highway projects, Union Minister Nitin Gadkari said. Keen on timely execution of the Rs 8.41 lakh crore ambitious Bharatmala project that aims to lay a grid of highways pan-India, the Road Transport and Highways Ministry has been looking to harness various sources of finances including pension and insurance funds. Also Read – Thermal coal import may surpass 200 MT this fiscal”LIC has offered us Rs 25,000 crore in a year and Rs 1.25 lakh crore in five years They have agreed in principle. We will rope in these funds in highways construction,” Gadkari said in an interview here. Life Insurance Corporation of India (LIC) Chairman R Kumar had called on Gadkari last week. The Minister said that the line of credit will be used to fund the ambitious Bharatmala project, the revised cost of which has reached Rs 8.41 lakh crore. Also Read – Food grain output seen at 140.57 mt in current fiscal on monsoon boostBhartmala was approved initially at a cost of Rs 5.35 lakh crore, which was risen later on account of land acquisition costs. In the first phase, 34,800 km including 10,000 kilometres of balance NHDP (National Highways Development Project) will be upgraded. Gadkari said the Bharatmala programme will be funded through cess, toll revenue, market borrowings, private sector participation, insurance fund, pension funds, masala bonds and other initiatives and the LIC credit line was one such initiative. The funds will be raised for 30 years and the interest rate will be revised every 10 years, as per initial plans. National Highways Authority of India (NHAI) and LIC officials will sit down and draw the modalities including finer details like interest rates, debt servicing and other details,’ said an official. The borrowings will be in the form of bonds to be issued by the NHAI. “We don’t have dearth of funds,” the Minister said adding that as the projects will be completed these will be put up for monetisation and the funds will be ploughed back to highway construction. The NHAI is eyeing Rs 4,995 crore from monetisation of third tranche of 566 km of highways under TOT (toll, operate and transfer) model. There are nine highway stretches of 566.27 km in TOT Bundle-3 in states of Uttar Pradesh, Bihar, Jharkhand and Tamil Nadu. The first bundle under the TOT model had fetched NHAI Rs 9,682 crore. The first bundle had a total of nine stretches involving 681 km and was awarded to Macquarie. The third auction assumes significance given that this is coming after an unsuccessful second bundle where investors quoted a discount to NHAI’s base price. Gadkari said that besides monetisation, the Ministry was also in talks with banks for funds. “Also, the Finance Ministry has given us approval to raise Rs 75,000 crore this fiscal,” he said. Gadkari said that his Ministry has shown exponential capacity to spend allocated funds in building highways, which are the backbone of the economy. “At present we spend more than 80 per cent of the allocation on capital expenditure. We are contributing to the growth rate,” he said. Apart from various sources of financing of highway projects, we are also contemplating going into the capital market and take the money from the common people like teachers, constables, poor people and give them good interest, he said. “We will try to give them more than 7.5 per cent to 8 per cent interest and we will use that money for construction of roads. On the one hand, we will construct the roads and on the other hand, we will give good interest to the poor people of this country,” he said. The Minister said that the aim was to build world class transport infrastructure in the country and added, work worth about Rs 11 lakh crore were awarded by his Ministry in the last five years. “Over 57,000 km of highway projects were awarded and over 40,000 km of roads were constructed in the last five years,” he said. Also, the budget allocation for Road Transport and Highways ministry has increased by about Rs 5,000 crore, he said.last_img read more

One year of Scheer Conservatives mark first anniversary with new leader

first_imgOTTAWA – There is money in the bank. Voters in the hopper. And from many angles, a spring in the step of many Conservatives these days.One year of Andrew Scheer, observers say, has not exactly been flashy but he has done the Conservative Party some good.“He’s been steady,” says Tim Powers, a conservative strategist and vice-chairman of Ottawa-based firm Summa Strategies. “You’d probably give him a solid B or B plus.”Carl Vallee, a former press secretary for the government of Stephen Harper, and now a partner in Montreal strategy firm Hatley, calls Scheer “very, very constant.”Scheer, the 39-year-old, dimple-cheeked father of five, has spent a year fashioning himself as the everyman to Prime Minister Justin Trudeau’s jet-setting millionaire ways. His advertising plays up the fact that while Trudeau grew up with a silver spoon or two, Scheer was raised in suburban Ottawa by middle-class parents who didn’t even own a car.Since Scheer took over as leader the Conservative fundraising machine is back in full tilt. The last two quarters were the best the party has had since the 2015 election, and the Conservatives are clearly outpacing the Liberals on the money front — by almost two dollars to one in the first three months of 2018.The polls, while volatile and often hard to parse this far away from an actual vote, have still been favourable of late for the Conservatives, showing them tied with or in spitting distance of the Liberals. If nothing else, the polls serve as a shot of morale in the arm of the Tory caucus and help in the recruitment of candidates.“There’s certainly no mass panic at the moment,” said Powers.As a former speaker, Scheer is one of the most recognizable faces within the Ottawa bubble but outside of it, he’s probably not the first name many people think of when asked to name a Tory politician. Vallee says in Quebec, Maxime Bernier is likely still the most well known. In Ontario and Alberta, provincial Tory leaders Doug Ford and Jason Kenney are eating up more air time.Powers said it’s not horrible if Ford or Kenney are getting more attention currently because they have elections to win before Scheer does. He says the big question mark for Scheer will come in August, when the Conservatives host their first policy convention since he took over as leader. It will also be about the one-year mark from the next election and Scheer has to use it to start to define himself and his version of conservatism.Duane Bratt, a politics professor at Mount Royal University in Calgary, said Scheer’s biggest problem may be that “he is still not well known.”He says any polls favouring the Conservatives have more to do with people being annoyed with Trudeau than with Scheer. And while Scheer has criticized many Liberal policies there have been few alternatives put forward, including how he’d handle the Trans Mountain pipeline or address climate change without a carbon price.Powers notes that Scheer has easily had a better year than either Trudeau or new NDP Leader Jagmeet Singh, but it hasn’t been a year devoid of fires entirely.The appearance or reality of ongoing discord between Scheer Conservatives and those who supported Bernier — Scheer barely beat him on the final ballot of the leadership — continues to float beneath the surface like the lava of a Hawaiian volcano, threatening to burst through at any moment.Bernier himself caused an eruption when he published a teaser chapter from a coming book that said Scheer had won the leadership only thanks to the support of “fake Conservatives” in Quebec. They were people from the powerful dairy lobby, said Bernier, who joined the party only to vote against Bernier and his policy opposing supply management, which regulates production and pricing of milk, eggs and chicken.After a raucous caucus meeting, Bernier suddenly announced he would put off publication of the entire book — initially scheduled for this fall — in order to fully back Scheer as party leader.“They both have found a way to work together,” said Vallee.Brad Trost, the Saskatchewan social conservative MP whose surprise fourth-place finish in the leadership gave him some initial clout to push the party’s position, has mostly been sidelined after losing the nomination to run again in his riding. However, his ongoing lawsuit against the party over accusations he gave out the party’s membership list inappropriately is a simmering issue, and the social Conservatives who backed Trost and then shifted to Scheer may be a little restless in Trost’s absence.The biggest push Scheer has made of late is in Quebec. The second most populous province has not been an easy road for the Tories since Brian Mulroney was prime minister but Vallee says the collapse of support in Quebec for the NDP and the disintegrating Bloc Quebecois are opening the door to a two-horse federal race in 2019: Trudeau or Scheer.Scheer has launched what he calls a “listening tour” in Quebec this spring, complete with a website, and he travelled to the province multiple times in May.Vallee said there is a natural home for nationalist Quebecers in the Conservative Party of Canada, because many of their values are similar, particularly when it comes to fears about preserving language, heritage and history.last_img read more

Governor General Julie Payette wishes Canada a happy 151st birthday

first_imgOTTAWA – Governor General Julie Payette is wishing everyone a happy Canada Day on the country’s 151st birthday.In a release this morning Payette says “Wherever you are today, whether you’re in Canada or abroad, wear your maple leaf proudly. This is your celebration.”The former astronaut says her first year as Governor General has been “quite a ride,” allowing her to meet exceptional Canadians from all origins as she travels around the country.In her first Canada Day message Payette says Canadians are fortunate to live in a country where so much is possible and where people can — as she puts it — “dare to dream.”She urges Canadians to get out and discover their vast country in their own way, to have fun and to remain “open, caring and engaged.”last_img

Stranded residents rescued amid flooding in Missouri

KANSAS CITY, Mo. — Authorities have rescued several people stranded by flooding in northwest Missouri.The State Highway Patrol said in a tweet that water patrol troopers worked into the night Wednesday in and around Craig. Four people were pulled from homes, while three were rescued from a boat that ran out of gas.The town of roughly 220 people began flooding after a levee breach, with several homes inundated with water. A local ethanol plant was also shut down amid the flooding.The Missouri River swelled following heavy rains and snowmelt earlier this month. The flooding has damaged hundreds of homes in Nebraska, Iowa and Missouri, and been blamed for at least three deaths.The flooding has also taken a heavy toll on agriculture, inundating tens of thousands of acres, threatening stockpiled grain and killing livestock.The Associated Press

Senior UN appointees applauded for ensuring UN fulfils its mandate on the

“It is you, on the ground, who know best when our posture needs to evolve in response to quick-changing events,” Mr. Ban told the senior officials gathered for an annual seminar in the city of Mont Pelerin, Switzerland.“You are in charge of a remarkable number of working parts,” he said in his remarks via teleconference, commending the envoys for “keeping them all moving in a coherent, productive direction.”Mr. Ban committed to filling vacancies, speeding up the appointment process and ensuring that there are no leadership vacuums to help the high-level appointees fulfil their tasks.He also pledged to promptly pursue investigations into sexual abuse and other infractions, given the “cloud” such accusations can cast over a mission.In addition, he stated that the security of UN personnel is a top priority, “not just because of recent attacks in Kabul and Islamabad but because this has always been essential for doing our work,” noting that he has requested more funding for the next biennium to better screen and protect access to vulnerable UN locations.Using the gathering to outline issues topping the world body’s agenda for the coming year, the Secretary-General said that climate change will remain at the head of the list for the months to come regardless of what happens at next month’s conference in Copenhagen, where countries are aiming to reach agreement on a new pact to combat global warming.“You may have seen news reports suggesting it is destined by be a disappointment,” said Mr. Ban. “To the contrary, momentum is building. I believe we will reach a deal that sets the stage for a binding treaty next year.”The annual seminar, organized by the UN Institute for Training and Research (UNITAR), brings together the heads of UN peacekeeping operations from around the world with senior Secretariat staff, the High Commissioner for Human Rights, the High Commissioner for Refugees and other leading agency staff to examine how to strengthen UN operations and efforts on the ground. 23 November 2009Secretary-General Ban Ki-moon today praised the work of his personal representatives and special envoys for directing the life-saving and rebuilding work of the United Nations around the world. read more

Fairfax Financial sells large stake in Reitmans for about 22 million

TORONTO — Fairfax Financial Holdings Ltd. says it has sold its stake in clothing retailer Reitmans Ltd. for about $22.2 million.Toronto-based Fairfax, led by investor Prem Watsa, says it sold nearly 7.4 million Class A non-voting shares representing about 14.8 per cent of outstanding shares for $3 each.The sale is the result of a substantial issuer bid by Reitmans announced in June to purchase for cancellation of up to 15 million outstanding shares.It comes nearly six years after Fairfax increased its stake by acquiring two million shares for $6.35 per share, that increased its total holdings to almost 7.1 million shares.Montreal-based Reitmans is a ladies-wear apparel retailer founded in 1926 that operated 594 stores in Canada under the Reitmans, Penningtons, 80 Addition Elle, RW & Co. and Thyme Maternity banners.It has been closing stores as it adjusts to competition from U.S. retailers that has hurt sales while increasing its e-commerce business.Reitmans shares, which have fallen from $20 in 2010, gained 3.3 per cent to $2.79 in Wednesday trading on the Toronto Stock Exchange. Companies in this story: (TSX:RET.A)The Canadian Press read more

Fed has 8 biggest US banks shift loss burden to investors

WASHINGTON – The eight biggest U.S. banks will be required to build new cushions against losses that would shift the burden to investors. The action by the Federal Reserve was the latest bid by regulators to reduce the chances of future taxpayer bailouts.The Fed governors led by Chair Janet Yellen voted 5-0 Thursday to lay down the new requirements. The mega-banks must bulk up their capacity to absorb financial shocks by issuing equity or long-term debt equal to certain portions of total bank assets. The idea is that the cost of a huge bank’s failure would fall on investors in the bank, not on taxpayers.The Fed action comes as Washington braces for changes to the 2010 law that reined in Wall Street after the financial crisis and the Great Recession. President-elect Donald Trump urged during his campaign that the Dodd-Frank law be dismantled, and his transition team has set that as a goal. Republicans, who overwhelmingly opposed Dodd-Frank, will control the White House and Congress in January and see an opening to go after key parts of the law — such as the Consumer Financial Protection Bureau.“Today we are putting into place one of the last critical safeguards that make up the core of our … reform efforts” following the financial crisis, Yellen said at the start of the meeting. “These banks must bear the costs their failure would impose on the financial system and the economy.”The Fed governors imposed the so-called “loss-absorbing capacity” requirements on the eight banks: JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs, Morgan Stanley, Bank of New York Mellon and State Street Bank.They would have to issue a total of about $70 billion in new equity and long-term debt to meet the requirements, the Fed staff estimates. Four of the eight banks, which weren’t named, are estimated to have shortfalls.Still, most of the requirements won’t take effect until 2019, and the remainder not until 2022.“We’re going to start looking at rolling back (rules) before we’ve started implementing,” said Oliver Ireland, an attorney specializing in banking law at Morrison & Foerster who was an associate general counsel at the Fed.With the new “loss-absorbing” requirements, Ireland notes, investors will know that if a bank fails, they’ll be on the hook and likely won’t recover the full amount they put in. Higher interest rates paid by banks on the debt they issued beforehand would compensate for the investors’ risk.The new cushions come atop rules previously adopted by the Fed for the eight banks to shore up their financial bases with about $200 billion in additional capital — over and above capital requirements for the industry. And they’re in addition to 2014 rules directing all large U.S. banks to keep enough high-quality assets on hand to survive during a severe downturn.Stricter capital requirements for banks were mandated by Congress after the financial crisis, which struck in 2008 and set off the worst economic downturn since the Great Depression. Hundreds of U.S. banks received taxpayer bailouts totalling hundreds of billions of dollars during the crisis, including the eight Wall Street mega-banks that became known as “too big to fail” in Washington.In its action, the Fed put in place its piece of a plan proposed by international regulators in November 2014 for “loss-absorbing capacity” for the world’s 30 largest banks. Including the eight U.S. banks, they are considered so big and interconnected that each could threaten the financial system if they collapsed.U.S. regulators won the power under the Dodd-Frank law to seize and dismantle big banks and financial firms that could topple and jeopardize the broader system. The Fed sees a mandate for loss-absorbing capacity as a key to enabling that process. It would put long-term debt into a bank’s holding company that could be converted to stock as an injection of capital — instead of taxpayer funds. If a bank failed under the regulators’ scenario, the holding company would be seized but subsidiaries would be allowed to continue to operate. by Marcy Gordon, The Associated Press Posted Dec 15, 2016 10:14 am MDT Last Updated Dec 15, 2016 at 11:18 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Fed has 8 biggest US banks shift loss burden to investors read more

Path to solving global challenges is clear it will take a strong

“Denmark intends, for example, to contribute more than $10 million to support the establishment of the new Resident Coordinator system “and we encourage others to follow suit,” she told delegations gathered for the General Assembly’s annual general debate.On gender equality and women’s rights, Ms. Tørnæs asserted that to maintain “peace and prosperity” gender equality is not only a “fundamental human right” but a “precondition.”She cautioned that “when it comes to education, we can and must do better.” New technology and education go a long way to assisting the nearly 130 million girls who do not go to school.Ms. Tørnæs next turned her focus on youth, noting that “Denmark was the first country to announce a contribution to the Secretary Generals new Youth Strategy,” as well as stressing that “we need to give young people a seat at the table.”Touching on the issue of climate change, the Minster reaffirmed Denmark’s commitment to the 2030 Agenda and the Paris Agreement .Calling on her fellow Member States as the world’s largest humanitarian donor per capita, the Minister closed with these thoughts: “The problems facing the world are dire. We will only be successful if we act together. Multilateralism and cooperation must be the foundation.”Full statement available here. read more

Lunch event celebrates coop success

Outstanding co-op supervisors, Spring/Summer 2017 term:Doug Hamilton, Canada Summer Games Niagara Region — nominated by Rachelle Roy, HLSC co-opDaniel Caplan, RBC — nominated by Jake Berec, BBA co-opMichael Carroll, Michael J. Carroll — nominated by Yee Lie, BAcc co-opLynn Wilson, FedEx Canada — nominated by Arpita Gannavarapu, MBA ISP co-opStacey Hachigian, Johnson & Johnson — nominated by Shanen D’Souza, BBA co-opJessica DiCarlantonio, Whirlpool Jet Boat Tours — nominated by Mary Lefebvre, BBA Dual degree co-op Lunch was served with a side of co-op success at a recent celebration in Pond Inlet.Brock’s Co-op Education team welcomed more than 100 employers, students and community members to the first-ever Co-op Recognition and Celebration Luncheon on Thursday, March 22.The packed event paid tribute to the commitment of numerous outstanding co-op supervisors, as well as the accomplishments of Co-op Students of the Term, Meghan Birbeck and Jake Berec, and Alumni Co-op Award-winner, Fred Barzyk.For Julia Zhu, Brock’s Associate Director of Co-op Education, the importance of celebrating the many outstanding employers that the department works with could not be overstated.“We are very grateful to have so many employers here with us today,” she said. “Without their commitment to our program, our students would not be able to experience the life-changing opportunities that co-op work terms can bring.”Having been invited to receive recognition themselves, several employers highlighted the excellence of the co-op staff and students they work alongside.“The service really stands out and the responsiveness of Brock’s co-op staff is stellar,” said Kavitha Vincent, senior employment specialist at FedEx Express Canada. “Brock students bring a humble attitude and are hard working because of it.”Lindsay Dierick, workforce information analyst at the Ontario Ministry of Transportation, had similar praise for the important roles co-op students play within her organization.“They let us see a new perspective and always bring innovative ideas,” she said. “They help us to complete projects we may not have otherwise had time to do.”With outstanding co-op supervisors for the Fall and Spring/Summer work terms (listed below) receiving recognition based on student nominations, Vincent felt the honour reflected positively on the entire organization.“We are very proud and it means we are distinguished,” she said.The Co-op Recognition and Celebration Luncheon was part of Brock’s National Co-op and WIL Week from March 19 to 23, which also included mock interviews, social media contests and business card draws. Outstanding co-op supervisors, Fall 2017 term:Ron Chow, RBC — nominated by Rachel Van Herk, Math co-opCarrie Beatty, Town of Lincoln — nominated by Meghan Birbeck, SSAS co-opAndrew Lum, Akelius Canada Ltd. — nominated by Zhen (Jane) Wang, MAcc co-opMargaret Murphy, Regional Municipality of Niagara — nominated by Alex Rotundo, BAcc co-opJeff Pettit, General Motors — nominated by Ahmed Jawa, BBA co-opErik Rogerson, General Motors — nominated by Christine Sirignano, BBA co-opJeffrey Chi, TurnerMoore LLP — nominated by Xiaozhou (Stefan) Chen, MAcc co-opSusan Course, ShadeFX Canopies Inc. — nominated by Steven Simons, BBA co-opTrudy Burnside, Dynacare Inc. — nominated by Asad Jalib, BBA co-opJason Etherington, Canadian Tire Financial Services — nominated by Scott Schram, BBE co-opMarmelyn Wong, Exp Services — nominated by Dania Farrokh, BAcc co-opKayla Bachynski, VistaPrint — nominated by Sathyajit Prakash, MBA ISP co-op read more

Baseball Ohio State downed 52 by Minnesota in first game of weekend

Ohio State redshirt senior first baseman Zach Ratcliff at bat during the Scarlet and Gray World Series in October 2016. Credit: Courtesy of OSU AthleticsA matchup between reigning Big Ten tournament champions and reigning Big Ten regular season champions was sure to be a much anticipated matchup among fans.And with a 2017 record 2,342 fans in attendance at Bill Davis Stadium, there were plenty of eyes set to take in a Friday night matchup between a pair of heavyweight pitchers.Those fans were treated to quite the pitching battle between the two starters, but the Gophers bullpen held on to the late lead they were given and helped propel Minnesota to the 5-2 victory in the Big Ten opener for both teams.The Gophers got on the scoreboard first with a sacrifice fly off the bat of junior first baseman Toby Hanson in the top of the third inning, scoring junior right fielder Alex Boxwell from third base.Two innings later, Boxwell would again step up to the plate, and this time crushed the second pitch of the at-bat over the batter’s eye in straight-away center field to give Minnesota a 2-0 lead.After five anemic innings from the Buckeye offense, it was again the freshman second baseman Noah West who provided his team with a spark.West extended his hitting streak to five games with a single through the left side. He proceeded to register his first-career stolen base, swiping second and giving the Buckeyes only their second runner in scoring position on the day. And after a bunt single loaded the bases for senior shortstop Jalen Washington, a wild pitch scored West from third to bring the score to 2-1.A groundout by Washington after the wild pitch scored junior center fielder Tre’ Gantt from third, knotting the game up at two.With the game tied, OSU coach Greg Beals opted to pull redshirt senior starting pitcher Jake Post in favor of redshirt senior reliever Joe Stoll. Post finished the day with two runs (one earned) over six innings of work. He walked just two while striking out five and giving up seven hits.Just a half inning later, the Gophers would get the bats going again. With the Buckeyes’ starter out of the game, a walk and a single put runners on the corners for redshirt senior catcher Matt Stemper who rolled a grounder to junior reliever Seth Kinker. Kinker fired on to home, unable to nail the runner at the plate and the Gophers took the 3-2 lead.A single to right field put the second Gopher run of the inning up on the board and an error in right allowed the runners to reach second and third. Kinker retired the next two batters to keep the game at 4-2.The Gophers scored once more in the top of the ninth to seal their victory at 5-2.The bullpen blowing the lead was a tough blow for a team that had battled back to tie the game up late in the game, and Washington believes it took some of the momentum the team had built up out from under them.“We preach throwing a zero after a big inning,” Washington said. “Came out and got two and we couldn’t stop them the next half inning. We wanted to throw a zero and they got a few hits, maybe a walk or so. But that kind of crushed a bit because we had a bit of momentum going that inning so definitely hurt us a little bit.”It was Post’s third time this season reaching the sixth inning and his fourth time allowing two runs or fewer in the outing. But for Beals, this was the kind of outing the team was looking for as he was able to keep his team in the ballgame against a tough opponent.“I think it was kind of a workman’s outing for him,” Beals said. “I thought he did a great job getting through six innings, a quality start for us and that’s what you expect out of the senior to do that. Give his ballclub a chance like he did tonight.”Post said that he was not his best at the beginning of the game, but settled in and found his groove towards the end.“It was kind of the same trends as the last three starts,” Post said. “First inning or two, just kind of moving to quick. And then I settle in and I felt a lot more comfortable towards the end of the game, or towards the end of my six innings.”One big reason the team struggled to provide Post with some runs was a result of the dominant outing turned in by Minnesota’s starting pitcher.Junior starting pitcher Lucas Gilbreath limited the Buckeyes to two runs, only one earned, across 6.2 innings of work. He did not issue a single walk during the game, while striking out seven batters. Beals tipped his cap to the opposing pitcher, acknowledging that their southpaw did a fine job keeping the Buckeye batters off-balance all day.“Gilbreath did a good job, he pitched the ball well, commanded both sides of the plate with his fastball,” Beals said. “We were prepared for arm-side run on the fastball, we weren’t as prepared for him to come inside like he did. I thought he did a good job of keeping our hitters off-balance with the fastball on both sides.”There has been a change in the OSU baseball schedule. Rather than play on Saturday and Sunday, OSU will face off against Minnesota in a doubleheader on Saturday starting at noon.Though the change in schedule was not announced until Friday afternoon, Beals said the team will be ready for the matchup and that they are just taking each game one at a time.“I hate to be cliche, but you can’t think about the doubleheader. We’ve got to win Game 1,” Beals said. “We’re going to go with (sophomore starting pitcher Connor) Curlis still in Game 1 and get a quality start. I think him being a left-hander versus the steady diet of left-handers that are in their lineup ought to be a solid matchup.”Curlis and sophomore starting pitcher Ryan Feltner will start Game 1 and Game 2 of the doubleheader, respectively. First pitch for Saturday’s game is scheduled for noon. read more

TweetDeck gets long overdue update

first_imgIt’s hard to dispute that, for a long time, TweetDeck was the most beloved Twitter client on a number of platforms. Users that relied on the application’s unique features were more than a little concerned when the London-based company was acquired by the Twitter mothership in the fall of 2011. After a much maligned update in December, TweetDeck has finally addressed some user complaints in the new version 1.3 push.Lists on Twitter are a perfectly reasonable and useful feature, but managing them from a client can be rough, or even impossible. The new TweetDeck includes support for creating, editing, and deleting user lists from within the app. Lists can be accessed from a handy button at the top of the UI, as well as on the individual profile pages of users.Columns have long been TweetDeck’s signature, and this refresh adds two new options that bring TweetDeck more in-line with Twitter’s direction. The Interactions column is very similar to a feature on the official mobile apps. It is used to aggregate all your mentions, follows, and retweets in one place. If you want to know about everything having to do with you, this is great. The other column is called Activity, and it’s a list of everything all accounts you follow are doing. Unfortunately, the columns still are not resizable.TweetDeck has been a little clumsy with the way media attached to tweets is handled. In 1.3, in-line previews of images and videos can be expanded in the app to a more full-sized view. The in-line previews can also be shut off in the settings.The last update is to the way retweets are used. Gone are the quotes around retweets, which no one ever asked for or liked. Non-native retweets will be handled in the traditional way with the “RT” modifier now.Overall, the update is a good one that addresses some real issues with the last version of the app. One thing that is still sorely missed is spellcheck in the composition field, though. Windows and Chrome users should find their apps automatically update, but Mac users will have to head over to the Mac App Store for the update.tia TweetDecklast_img read more

How tech firms outside Dublin are luring staff away from the capital

first_img Image: Sam Boal/ By Fora Staff Saturday 24 Feb 2018, 12:30 PM 19 Comments 23,757 Views Image: Sam Boal/ Share13 Tweet Email6 Another source then is what we call ‘escapers’. That represents the people in tech companies in Dublin, not all Irish, who want to move to the west and who are looking for a nicer life and more disposable income.O’Sullivan says that nearly a third of his company’s 25 employees fall into that “escapers” bracket.Leaving DublinThe theme among workers looking to leave Dublin is often the same – a feeling of slowly being priced out, fuelling a desire to relocate to cities where the cost to either rent or buy a home can be less than half that in the capital.Earlier this month, Taoiseach Leo Varadkar suggested leaving the country to save for a mortgage is an option for young people, but O’Sullivan says they should go west instead.“The salary is roughly equal, but the cost of living is a lot lower in terms of renting and so on.” Source: Daft.ieClick here for a larger versionEventbrite’s Cork site lead, Amanda Darmody, says she finds many people the firm interviews are looking for a “lifestyle change”.“I think people are starting to look at things differently. They are looking at lifestyle and making a decision based on what kind of life they want to have,” she says.They like that Cork is a compact city, it’s very easy to get around and everything is on your doorstep. You don’t have to go very far to be out of the city as well.She adds that Dublin-based interviewees talk about finding it increasingly hard to get around the capital as traffic snarls and long bus commutes are compounded with changes like the recent launch of the Luas Cross City project.Another Cork-based tech firm, Teamwork, is also trying to lure workers looking for a better lifestyle and a different culture to that found in a larger, corporate setting.“I’m seeing that people want to move away from multinationals and go into a startup vibe we have,” says Teamwork recruiter TJ Leahy.“We’re owned by two software developers, so it’s not a corporate environment at all. I think people appreciate that.So instead of working in a formal role, you can come and work for us and work your own hours essentially, you don’t need to be in the office nine to five.At the Limerick office for medtech company Cook Medical, HR manager Carla DiBenedetto has been finding a steady stream of people who come from the region looking to leave Dublin now that there are local work opportunities on offer. Source: Sam Boal/“We’re in talks with a candidate at the moment who is based in Dublin and she’s looking to relocate to Limerick is because she’s originally from here,” says DiBenedetto.“Her family is from here and the cost of living in Dublin is very high and she would like to be able to settle down and buy a house. That’s what we’re seeing quite often.”Perks and benefitsNevertheless, it’s far from as simple as merely offering jobs and watching the candidates file in – many firms are also rolling out perks in order to attract staff.Eventbrite, which is looking to double its team in Cork, offers benefits that include €100 a month towards travel expenses, a €40 weekly Deliveroo credit and a €50 ‘wellness reimbursement’.“They are practical benefits, things people really appreciate rather than just throwing benefits at people,” Darmody says.“It’s just to make things a little bit easier.“Everyone has health insurance and a pension as well. And we give more time off so staff can strike the right work-life balance – 25 days plus bank holidays, which is 34 days in total.”Over in Galway, O’Sullivan’s Altocloud is also going the extra mile to get staff to consider a move to the west.“We’re a startup, we give everyone shares in the company, and the idea is if some day in the future we sell for a lot of money, everyone would make a lot of money as well.But we don’t compete with the big multinationals on perks, we don’t have pool tables or free food or anything like that. Feb 17th 2018, 6:02 PM How tech firms outside Dublin are luring staff away from the capital Companies in Cork, Limerick and Galway are targeting workers increasingly priced out of Ireland’s main city. Written by Fora Staff and posted on Source: EventbriteIt’s a different approach again for Smarttech in Cork, where Murphy says the focus is on the quality of work for any prospective hires.“We pay well and it’s an enjoyable work environment. But we also work with some of the most sophisticated tech on planet earth. There is not a lot of people doing what we do.“For example, we were the first company globally to work with IBM Watson for cybersecurity. So if you wanted to work with Watson, you could go to IBM in Atlanta or you could come to us in Cork.“We find a lot of cyber security professionals want the quality of work. The guys we’re working with don’t have any interest in foosball or pool tables, they want to work at the coalface of cyber and see all the good, bad and the ugly.”ProblemsWhile lower cost of living is an easy pitch for firms outside Dublin, each of the second-tier cities have their own problems to overcome in attracting staff.Limerick, for example, is still recovering from its poor image from previous years, according to Cook Medical’s DiBenedetto.“Historically, Limerick probably didn’t have the best of reputations. There has been a lot of development in the city and it has undergone a transformation which has helped it shake that negative image of the city.“It’s much more vibrant and there’s much more to do. A huge amount of new companies have set up their operations in the city as well, with a lot of new jobs being created.”Many of the issues in Limerick, Cork and Galway are similar to those found in Dublin – congestion and a shortage of accommodation – just on a smaller scale.Galway is suffering from at-times-severe traffic snarls, while Eventbrite’s Darmody says transport infrastructure in Cork also needs a lot of investment.Sometimes it feels like you need a car to get around. A lot of the people we would be hiring are those who have landed here and they want to live in the city centre or somewhere accessible – they don’t want to need to invest in a car.And, despite dramatically lower housing costs than Dublin, there remain issues in each of Cork, Galway and Limerick when it comes to housing.Average asking prices for rental accommodation in all of the cities have risen more than 65% since the trough of the recession.It’s a problem exacerbated by tech firms trying to outbid one another for the best recruits, according to Murphy of Smarttech.“(Poaching staff) is going to drive up the cost of doing business and if you do that we become uncompetitive from an FDI (foreign direct investment) perspective.“So you have a multiple-edged sword, there’s a housing crisis, congestion problem and then the cost-of-doing-business problem.”Sign up to our newsletter to receive a regular digest of Fora’s top articles delivered to your inbox.Written by Killian Woods and posted on Take me to Fora Tweet thisShare on FacebookEmail this article Get Fora’s NEW daily digest of the morning’s key business news: OFTEN PRESENTED AS the jewel in the crown of Ireland’s technology sector, Dublin and its Silicon Docks are losing some of their lure.While the capital has successfully attracted virtually all of the world’s biggest tech companies, snowballing cost-of-living pressures – mainly due the city’s acute housing shortage – are acting as a brake on firms’ ability to attract staff.“I personally feel Dublin is overheating a little bit,” says Ronan Murphy, chief executive of Cork-based cybersecurity firm Smarttech.“If you look at the amount of buildings and office space being built, there is not the same amount of housing to accommodate them.“When I look at our business, it would be more convenient for me to be based in Dublin, but my entire cost base would skyrocket because the cost of living is so high.”Previously, Fora reported on how international tech recruiters were facing the challenge of pitching Ireland’s biggest city as a great place to work amid spiralling rental costs.But it appears Dublin employers may also face fierce competition from companies based in the country’s other major cities.New data compiled for Fora by jobs website Indeed indicates there has been an increasing number of Dublin-based workers browsing listings for tech jobs in Cork, Galway and Limerick over the past three years.Since January 2015, there has been a 70% increase in Dublin-based workers looking at tech jobs in Galway, a 53% increase in people looking at similar roles in Cork and 45% increase for Limerick jobs searches. Dublin’s Silicon Docks Source: Smart DocklandsLast year, a report from recruitment giant Morgan McKinley also noted that more jobseekers are specifying to recruiters that they are looking for a opportunities outside Dublin.The apparent eagerness from candidates for opportunities outside the capital – both among Irish-based workers and those coming into the country for work – is something tech firms in the smaller cities are keen to capitalise on.“Over here in our company, we have a few different sources of talent,” says Barry O’Sullivan, the chief executive of Galway-based customer analytics firm Altocloud.“We have a big AI research centre in the university and we get a lot of PhDs out of there. Short URLlast_img read more