competition   19605

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Workers may 'choke' under pressure of non-monetary incentives -- ScienceDaily
"Competition for non-monetary awards [like plaques, rings and 'employee-of-the-year' competitions] can have adverse effects on performance and may cause employees to 'choke' under pressure, according to a new study." ...

"... managers and firms in general probably do not realize that some non-monetary efforts to build morale or boost performance may not be helping,' [Raja] ] Kali [professor of economics in the Sam M. Walton College of Business] said. 'In fact, they may be counterproductive.'"
competition  performance  stress  workplace 
yesterday by katherinestevens
These are the Best Wildlife Photos of 2017
The prestigious Wildlife Photographer of the Year competition is now in its 53rd year, and this year’s edition saw nearly 50,000 entries from 92 different countries.
You’ve already seen a snapshot of some of the finalists, but last night the winners were announced at an awards ceremony in the Natural History Museum in London, UK.
There are 13 categories in the competition, with 2 overall prizes: Wildlife Photographer of the Year, and Young Wildlife Photographer of the Year. Without further ado, here are the awarded images this year...
photography  competition  nature  animals  award 
yesterday by rgl7194
Setting Strategies – Where to Focus - by @barnes_hank
"That, to me, is the most important thing to focus on in setting strategies. And not just the nebulous idea of the enterprise buyer, but your ideal customer (Gartner clients: See my research on this). This is one of the reasons to stress less about the competition. In most cases, it is unlikely that your ideal customer profile will be the same as your competitors. You may target companies with different infrastructures, different resource levels, different personalities, or other factors. If your ideal customers are different, then your sales model and marketing approaches may be different."
go-to-market  competition  ideal  customer  profile  positioning  strategy 
yesterday by jonerp
YouTube -- Jordan B Peterson: 2017 Personality 06: Jean Piaget & Constructivism
'In this lecture, I talk about the great developmental psychologist Jean Piaget, who was interested, above all, in the way that knowledge is generated and transforms. His analysis of the development of morality in children, which relates early play to social cooperation and competition, is particularly profound.' -- "The big rat has to let the little rat win 30% of the time else the little rat won't play anymore."
psychology  play  cooperation  competition  morality  parenting  JaakPanksepp 
2 days ago by adamcrowe
Law Firms, Regulators Keep Eye on Big Four Move to Legal Services | Big Law Business
The Sarbanes-Oxley accounting and corporate reform law of 2002—and subsequent auditor independence rules—generally bar accounting firms from providing non-audit services to their audit clients, with the exception of restricted tax services.

However, nothing prevents the Big Four from marketing such legal and other non-audit services to non-audit clients, “which they all now aggressively do,” Harvard Law School professor David Wilkins and Maria Esteban Ferrer, both of Harvard’s Center on the Legal Profession, wrote Sept. 26 in the Columbia Law School Blue Sky blog.

The Securities and Exchange Commission declined comment when asked about Big Four firms’ growth in legal services, but the PCAOB, which operates under the aegis of the SEC, is watching developments.

“Existing independence requirements would preclude an issuer’s auditor, or affiliates of the auditor, from providing legal services to that issuer or any of that issuer’s affiliates,” PCAOB spokeswoman Colleen Brennan said. “The PCAOB monitors for compliance with that requirement and other independence requirements.”

The regulatory lines seem to be somewhat blurry in defining what services are allowed, including services for audit clients.

Harvard’s Wilkins said in the ALM Intelligence report that practice in the U.S. “has allowed the Big Four to offer some legally-related services,” such as in tax, regulatory compliance, financial management, and merger due diligence, “even to their core audit clients.”

Linda Griggs, a former partner at global law firm Morgan, Lewis & Bockius LLP, questions whether an accounting and consulting firm such as PwC, in diving deeper into legal services, isn’t further complicating the job of abiding by auditor independence rules.

“I think the monitoring of independence is difficult as it is without their also providing legal services that have to be monitored” for proper separation from any work with audit clients, said Griggs, who once served as counsel to the SEC’s chief accountant.
accountants  regulation  competition  ethics 
2 days ago by JordanFurlong
LegalZoom ABS set to turn £2m loss into profit after major investment - Legal Futures
This was due to a significant and planned-for investment after it bought Wakefield law firm Beaumont Legal in early 2016 for £6.4m, according to the accounts for the extended period of 10 September 2015 to 31 December 2016.

It has also emerged that LegalZoom has bought an online company formations business.

Beaumont Legal is best known for volume conveyancing, but also handles wills and probate, commercial and dispute resolution work.

The ABS made a gross profit of just under £2m on a turnover of £6.6m, but ‘administrative expenses’ of £3.4m and amortisation of goodwill and intangibles of £811,000 sent it into the red.

A review of the business by UK managing director Piers Chead explained that the ABS has “invested heavily during the period, supported by its ultimate parent company, in both staff and technology as it explored new innovative ways of working and an intention to provide new ways of supplying legal services to satisfy the industry’s changing needs”.

He said the changes included a new conveyancing portal, a “market-leading real-time communications platform between customer and the company”, and preparations for a “paperlite” office environment.
clementi  legalzoom  competition 
3 days ago by JordanFurlong

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