Magic Bible Arts – Extrait 28

Magic Bible Arts – Extrait 28

"http://www.canalplus.fr/c-divertissement/pid3350-c-salut-les-terriens.html?progid=382630" http://www.canalplus.fr/c-divertissement/pid3350-c-salut-les-terriens.html?progid=382630. Further in the interview, Syndicalists reiterate our old daemon of an old may 68 carried out in a total other context (for information, one useful book I read was: the end of madness by Jorge Volpi) and yet, well, yes I am getting somewhat disturbed when the young population, in France, and in other countries for sure, are taking part to the strike on a subject not to say in your scope. 

Well, it shows France still has the beautiful thing about getting people together, which is the only good point I see : ). You would be 10 years from retirement, I would understand having a slow build up of the law, but hey, guys, students, you at 22, 23. Big news, yes, we will have to work till 68 if not 70. France is going over 200000 persons above 100 years old. They are our parents. With the system currently in place, system I agree upon, I am happy to participate to their pensions. 

But you, down the street, students from everywhere, I did agree about some previous of your strikes, the young contract, the over extension of contract for limited durations, but here, find a work first, look around and see how difficult it is. From top of head, will have to check it: Spain: age of retirement 65 UK: age of retirement 65 Germany: age of retirement 67 So, the only thing you are creating now is that you are destroying the reputation of young movements in the future. Nobody will listen to us. So frame yourself. 

What are you searching a job? Or a retirement life? And after feel free to ignore, free to attack, to avoid or to react. Communication is a mix of these but is further strengthened when sticking to one truly till no longer possibly sustainable. Reacting is not a solution, constructing is. Remember your philosophy courses, and put in prospective please. We know we are existing, we know our parents help us doing so. Time to talk useful. Anyway, the law gonna passed, because we are not in May, we are not in 68 and most of all, because we dont have any proper alternatives.  

HYPERLINK "http://stotb.blogspot.com/2010/03/chapter-9-and-here-it-comes.html" VIII: and here it comes So BB, How will you market yourself? I am the one, I can explain everything, I am everything, I create you you and you So now put yourself in the twenty-first century, BBs go obviously an agent. Agent K  Ok, BB, I know all what you did, but nobody is going to believe you BB  Why? I create them, I create their belief. Even if it was far far down the line of the process, they are still my infants Agent K  Well, thats the problematic, no place, youre everywhere, no promotion, youve got nothing to sell that isnt already here or there, hence no product, we cannot touch you and even more, or less, understand you, and who apart you would dare to tag a price on you. BB  Well yes but my company is pretty successful, the context is constantly updated, I have no competition on my playground at least, and you will see my customers are pretty satisfied with themselves. Agent K  You are right, your infants are not waiting anything from you. 

They believe in Liberalism, in Free Trade, in a behavior free of constraint. BB  I create gravity, they cannot jeopardize that! Agent K  You create memories as well, they prefer to keep it short, and it is what gives them this freedom. They do believe they are not tied up to anything BB  So what? I should launch a ballast of asteroids to all Earth I have created? Agent K  Destruction of you own infants is not the way, I am sure there is a way forward to get them on your side BB  They dont believe in anything, are they happy this way? Agent K  It looks like, and you know, you have reckoned it, they now live

---

⬅️ Extrait précédent | Extrait suivant ➡️

🔖 Labels : MBA Magic Bible of Arts, Magic Bible Arts – Extrait 28

Magic Bible Arts – Extrait 27

Magic Bible Arts – Extrait 27

trade union to the business, yes a trade-off. On one side, not taking sometimes irrational decisions by building up the understanding and knowledge of what we are working into, on the other side, lift the hand, and include people in the key strategical decisions. Yes the owner of the company are the owners of the stockholders equity, but hey, does an investment fund is value adding to the revenue streams of a company? No, so focus on what is adding value to your company. As said earlier, 

I am coming from the manufacturing industry, and the first amazement I had was on the number of people within the industry that were syndicated and the objective criticism side I can bring in that. Being part of a trade union or not can go as far as preventing you to go up in the hierarchy or promote you much quicker through this social ladder. I do believe trade unions are required for large corporations with many employees (above a large number from my guesstimate of a not estimated rough line) I wanted to make my point there, and see how we, all, can build on this criticism (positive and negative). 

Trade unions are one of the main articulation tools between top management and general employees, and the extent and usefulness of this coordination tool should not be hindered by its only negative impact, and the resentment from the customer point of view. One example within the MBA University is as basics as having delegates for each section. I believe trade unions are coming from that simple idea. I would have liked to live in a perfect world where less governments regulations to improve the market and where a company is mainly providing positive effects, but let's face the truth, I am not, and I won't lie to myself regarding that, so here comes again the conclusion: people are the key. And here now, I am wondering if there are any trade unions in the financial and investment world. 

Maybe it is this lack of control systems which couldn't control the greediness around. Maybe it is the way Edward is looking at it Approach with rush, a story of framing Fact: The current strikes in France Communication is midly rational and utterly emotional, a transition that came with the global connection. After a week off, Edward came back to class, looking to enhance his communication potential, the major help in articulating a given strategy involving the required stakeholders along. So why utterly emotional? Because any words coming out are so widely repercuted all around. 

Because perceptions are changing from one to the others. Because we evolve in the same era but in different environment. In any topics, and the agenda is full these days, the press advertises the facts with one framing. One frame that change from one to the other, and here comes an uncontrollable word of mouth. Where single ones will have to go over different reactions to reach a constructive discussion. We are not free to ignore, we are not free to attack, and gosh no, we are not forced to defend, we are not forced to react. And with the multiplication of medias sources having been demultiplied the channels of communication, we are willing to avoid. 

Forced to avoid? No. I only remember one thing when I do participate to a discussion, online, offline. I listen to the others, I make my first key points clear to build on, and most of all, I am doing my best to understand the context around. Everything is an iceberg. The Press says the top, I dont believe the polls are showing the hidden parts, as I would have to have more information on how they have sampled the population. Topic: Strikes in France. Lets take an example, a fact in fact: I watched a TV show on internet as freely available. For the French speaking people, look at Blakos news number II (source: Salut les Terriens Min 16.16 - HYPERLINK

---

⬅️ Extrait précédent | Extrait suivant ➡️

🔖 Labels : MBA Magic Bible of Arts, Magic Bible Arts – Extrait 27

Magic Bible Arts – Extrait 26

Magic Bible Arts – Extrait 26

raising questions, and that sound makes him wonder to extent he wouldn't believe. He even wakes up from his lethargy. And here it goes; internal combustion starts his process of remodeling the inside. He can feel gargles inside. No he wont burp yet. Time has not come yet. Or has it? Tic Tac Tic Tac Tic Tac He is closing himself in the shell of a nut trying to silent the sound around. 

No its not time And here comes the voice Time - So Finally you wake me up, it was time, I got congestion BB is now fully awake and watching next to him in disarray BB - But, but, but, Who are you? Time - I am the internal clock of yourself, I am the clock of the universe, and weve got stuff to do, youve been asleep for a long, long time BB - Five minutes ago, you didnt exist, dont tell me I am already late! Time - I wont, you created me, remember, you are the one putting all these expression of time, its coming from your mouth, I didnt invent that. I am powerful but not that powerful as create myself from nothing. You are the only one having this power BB. And we all believe you have sufficiently nurture the child inside you. It’s time to grow up and go expand forward. BB - You all believe, what does that mean? How many things are inside me? Time - That, I cannot tell, just sufficient crowd to blow up a mess around, you wouldnt believe it BB - I dont believe it! Time - What did I tell you? I am Time, I am never wrong, and only know one direction, nobody can default from me. BB - So, it does mean I will have to stay next to this Tic Tac during the whole time Time - Well, yeah you have pretty got the concept in its full extent. BB - I will never be able to twist you around, to get you back inside, and to shut you down For eternity Time - No, we are meant to live it together BB - Oh my god. Time - You see, calling another thing you created. Something rather unusual though, I cannot understand what she says BB - Well, I dont know what to understand from you either Time - And its only the start of your adventures, when the time of Babel will come you will understand nothing else than nothing, but I should keep quiet, I dont want to spoil too much the surprise BB -  What? I will have to communicate? 

 Time - Yep better to think about it now or you will be overtook by the events And here we now know why we cannot understand Big Bang and why he cannot understand us either. 

 Chapter 22: Trait dunion, a legend on trade unions  

I hereby want to build on some constructive criticism on one field I changed my mind of. I have been asked too much to stand against that I deeply feel I have to stand for at some point. Obviously, I am like everybody else I like to take my train on time, land on an airport on time, get all different services on time, and facing strikes (which is only one of several actions trade unions might be taking during a year), I am switching to another mode, not even understanding the roots of the strikes, just turning my face to other field of interest, reading being the first one. Time has a value, not money wise, but certainly in capacity. So concerning trade unions, I am coming from a country quite known from that. In fact, I even believe now strikes are coming even before gourmet food, and nice way of life in mind of the public.

 I do understand the negative impact of trade unions, but I still want to emphasize the positive points, as I have been thinking a little bit about it since our last business case. yes they are demanding sometimes too much, but again it s showing the weighing between Loyalty, Exit and Voice, and trade unions even if sometimes are fighting on too many fronts are definitely a good filter to this voice, and can extend to the community and control at an early stage any externalities that might arise. So why being confrontational, associate the

---

⬅️ Extrait précédent | Extrait suivant ➡️

🔖 Labels : MBA Magic Bible of Arts, Magic Bible Arts – Extrait 26

Magic Bible Arts – Extrait 25

Magic Bible Arts – Extrait 25

cards it has in hands, The EU plays independently, relying on its very creative and skilled workforce. World is then going to an over-protectionism between these three main trade areas.  Economically, crises are getting common and repeated every six years. These latter are coming from the US, from Europe, from China. It is the only time where all key actors are gathering towards a global goal. The development to a fully developed world is hence slow, and the pace is only kept via series of financial hick-ups, destroying value rather than sustaining it. Politically, social democracy is a model that has been left to aging Europe. 

China is keeping control on the economy tight, refusing to appreciate the Yuan, the USA are kept in their four-years storm with slow political breakthrough In the other scenario, Europe keeps its role as a key agent of liaison to clarify misunderstandings between the East and the West. Thanks to its highly skilled population, they are striving forward new room for development. Renewable energy machinery is manufactured in Asia under the impulse of China; it is then traded to both Europe and the US for further development and applications.

  US are a key partner in developing the EU to the East, gathering forces from traditional countries, getting the United Kingdom and Russia under the free trade zone implemented under the EU. Euro is the main worldwide monetary system, and has taken over the dollars. Asia now has the Yuan, and the US and South America keeps their dollarization. The G20 is reduced to a G3 (EU, US, Asian region under the impulse of China). Trade disagreements are addressed quickly. The negotiations are successfully supporting transfer of technology from the West to the East, enabling a better, and equally distributed wealth globally. 

Diversity and negotiation are held under the scope of EU managing now the WTO primarily coming from the long history EU had with diversity. It enables Africa through old colonies to strengthen the ties with China and the Asian region, in a Win-Win situation. Rather than protectionism, World now works on the synergies and enables a fruitful and efficient trade negotiation between all key actors. Economically, the three trades zones are negotiating efficiently through three unique voices coming from the three regions: the USA, Europe and Asia. Politically, the USA understands the key advantages of social democracy within Western Europe, and tailors their capitalism as such. Under these impulses, China is obliged to review and develop its model to a widened social capitalism. To conclude, on both sides, the EU has to develop even more its critical mass to fit in line with the development of China from developing to developed countries.

 Europe grows bigger overlooking to the coordination the global system, developing critical technology and social breakthrough. Social-Democracy can or may not be included by the other players. In one case, it limits and slows the global development ahead, in the other it does support general consensus regarding trade, economical situation and efficient action for part of the world subject to crisis in the future. Given all the history from which Europe is living from, I would always be a pro-European. What about the unhappy ones, life is not about being happy every single day, but about thinking and living the future to the present, a nice gift. 

 HYPERLINK "http://stotb.blogspot.com/2010/03/chapter-8-tic-tac.html" VII: Tic Tac Tic Tac Tic Tac Tic Tac. What the Hell?? BB woke up to this strange sound. He can feel somebody raising his breathe next to his body. Where is he? Still in the void as it appears, so who is the companion next to him? Ok next to what, he doesnt want to be called what. Even as BB, youve got your superstar desire. Yes only next to him, he is the only one

---

⬅️ Extrait précédent | Extrait suivant ➡️

🔖 Labels : MBA Magic Bible of Arts, Magic Bible Arts – Extrait 25

Magic Bible Arts – Extrait 24

Magic Bible Arts – Extrait 24

"http://stotb.blogspot.com/2010/04/business-school-business-model.html" Human Ressources, we are capital Chapter 17 : HYPERLINK "http://stotb.blogspot.com/2010/04/business-school-business-model.html" The art of photography through Strategy 

 Chapter 18 : HYPERLINK "http://stotb.blogspot.com/2010/04/business-school-business-model.html" Merging & Acquiring Chapter 19 : Control de gestion and operations management in another language Chapter 20 : Non-market Strategy and BGS HYPERLINK "http://stotb.blogspot.com/2010/01/chapter-6-big-bang.html" 

VI: Big bang... Relax. Good time, inhale. pfffff. Big Bang starts to think going out of his bubble, and looks everywhere around. Nothing left just a big electromagnetic wave and explosion resetting it all. Resetting what? Nothing, that's the point of a format. BB is a big bowl of soup in the clean spring of before beginning of the universe. He is so hot inside, and she can fell the coldness outside, euh well no. But do you think he's got fever? She cannot even see a doctor He has his heart pumping plasma back and forth, forth and back. And there, Big bang stops focusing inside and starts looking around. She discovers the emptiness around; he finally understands she is living in a nest. How does he perceive that? She is feeling a heartbeat of some sisters around. Yes that's the power of twins, feeling everything one another. So, he is trying to communicate. She is getting lost. No SMS, no email, no phone, no eyes, no vision, just feelings. So he is ejecting some plasma away in response. Already seen that? Dogs are copies of big bang. She invented it all: us the environment, our way of rationalizing, our surprise lying all around. Its everywhere a sign of respect to Big Bang. NDLR: I need one. 

 Hats off Chapter 21: Back to the future: Edward got the inspiration from business from once and had this question raised: Context: This text below is a direct paste and was written in the context of the Nico Colchester program, putting in prospective some possible answers and scenarios reflecting the question: What is Europes role in a world shaped by the USA and China? It is only reflecting some potential views of what lies ahead trying to develop two totally opposite views. Given EU enjoys the same historical place as the USA in our current frame, it does bring another concern. It doesnt hide the other question not developed below: What would be the USA's role in a global world being further developed in the East? What is Europes role in a world shaped by the USA and China? Historically, the world first was mainly shaped under European impulse. A global macroeconomic review of two different scenarios could happen as to see if Europe and the EU will sustain, and continue to reinvent itself or if Europe will be put aside as only being an additional player in the map. 

 In the first scenario, China, the US continues to develop themselves and their trade independently, keeping reinventing the wheel, missing social and political breakthrough. China develops its African base; the US takes a hand on South America, Russia and the EU are unsuccessfully attempting to develop their strength together as to face the fierce competitive markets and trades.  The United Kingdom finally agrees against their will to enter the EU monetary system, as they see the need for a critical mass to have a voice in this world. At every single gathering, the EU, the US and South America, China and Russia evolves in their own market able to sustain their development growth:

 -          China continues to base its competitive advantage on its labor intensive strength and leads Asia as a whole, India included towards high results capitalism, 

 -          The USA further develops thanks to its highly skilled workforce, fostering progress within the west,

 -          From the

---

⬅️ Extrait précédent | Extrait suivant ➡️

🔖 Labels : MBA Magic Bible of Arts, Magic Bible Arts – Extrait 24

Magic Bible Arts – Extrait 23

Magic Bible Arts – Extrait 23

under a gap year. So the BM, yes acronyms, I feel it now, oh yes, thats good. That would be making so much sense not to lose people in a dance of two and TLAs. So the cylinder are now put in motion: take advantage on that and exhaust them to advertise and communicate for you, pretty efficient if not the best communication channel. Trust, honesty, personnal feedback, emotional link. And Bam, you are a bee within the plastic bottle floorfilled from dregs. Then, is an MBA overpriced? There are now so many of them around, Laws of economics should make the price dropped, instead, we might enter an oligopolistic model. Well??? 

It might be like the latest iPad everybody wants? What are you doing once everybody has one? Enjoy the possible network; it might be a valuable asset to interact, to be part of a network giving you the essence of your life. Reading some mentors advocating for obvious reasons Steve Jobs: Apple: making you desire what is primarily unnecessary. This is obviously open to discussion, as every other subject, this one does not twist the rules. It will be precised and continued. Just fell on this article, and certainly other coming along. And here one student Lambda enters the arena, no he is not advocating money, cash is not king, Elvis is. What is important? The important is what creates value. Money has a value, it doesnt create any. 

Men do, have a positive ROE, a resilient and efficient WACC Does it mean anything? Well, Same players shoot again: effective operations, efficient running, creating value, reducing waste, these are true words. The first trade barrier to any economic harm is the money barrier, the exchange rate barrier: the, well above fiction, net present value of non earned yet incurred revenues. He once compared the whole as a board game, why wouldnt it be? it is a monopoly, no rules stabilizing the whole unstable system regulated by humans competencies, it doesnt work, for them, impossible to understand the more for less, and the less for more, it s rather going on a burn out stepping up gear in a whole craziness that makes it strange. More for more for more for more for more. 

Crisis, any crisis? Ethics, who, where, how? Did he learn anything? More business schools on the market, no change in price, is it an oligopoly? Or are we missing something... Is it what is meant by promoting free trade? Teaching something, applying the opposite. User has been disconnected from the system. Too much financial reports downloaded. Reboot. Yes still, we did learn many things actively. Now does it provide the balance that would make us a right or a wrong manager? What? Recruiters do not ask the question about what you have been doing during your MBA. Ah they are looking to potential. The easy wild cards taking the face not in phase. Well, I am not the only one, I choose to focus on the true reasons underlying all of your business, while understanding the finance behind: Understanding the finance behind, not tampering with it. And one quick note on the subject. Happy days. Finally, I will come over the only useful and realistic notion I learned during my MBA. When you have a cash cow in one of your business, milk it and fund others. My university on the scope since 3 decades owns now a good part of Madrid, Segovia and other places to develop other less profitable program. Yes have to say that MBA is the most profitable branch of this industry, nothing from public subsidies, thankfully we wouldn t dare to rip them off, there are no crisis yet. This, I believe, would put the point nicely to my initial feelings regarding private universities. Chapter 15 : HYPERLINK "http://stotb.blogspot.com/2010/04/business-school-business-model.html" Financial accounting and management Chapter 16 : HYPERLINK

---

⬅️ Extrait précédent | Extrait suivant ➡️

🔖 Labels : MBA Magic Bible of Arts, Magic Bible Arts – Extrait 23

Magic Bible Arts – Extrait 22

Magic Bible Arts – Extrait 22

any industry financial health Given the equality of human rights, circulation of money is not only the matter of a few elected. We like chosen ones, Matrix had Neo, Die Hard had Mac Lane, Harry Potter had Harry and the list could be more realistic and go on and on and on, reason why keeping examples from the movie industry, it's what moves us, because we are going to see the movies. Assumption simple enough to be possibly true. Edwards rather praise the worker in a factory adding value to the chain with his own hand than the financial analyst releasing his report on how to make money from money. I am not attacking the legitimacy of the work of a financial analyst, I am putting it under a perspective I understand. 

 The financial crisis of 2007 made banks demanding for state protection. Two years after, they are safe. so the time has come to wonder more practically on how this could have been prevented and more balanced. Questions have not been heard at the critical time it should have been, we need to cater more space for this voice to be heard, to ensure the sound is coming out from a whole crowdy and noisy place efficiently. How? Edward doesnt have any answer, he has learnt spells but cannot control the whole extent of their effects. He is still educating himself, and possibly the answer if any will come to him later. Conclusion: We are not the blind, the deaf and the speechless monkeys. Business has 5 senses to use before working on its six sense. 

Financial would get the greatest benefit of it: get back the trust of people. the benefit: liberalize the economy. the cost: humanize the financing system. Mark: B . Edward, you showed insights on a potential but i did ask to focus on realistic terms and what could be achieved in the short term and that can be acted now. moreover, your report looks rather messy and not understandable. NDLR: this is a fictionnal topic, nothing linked to a university work. I will certainly review this text again and again, as I only followed where inspiration led me on a very short time, too short I have to say to write a consistent text. Comment: Look to the future, dare to ask, dare to try: HYPERLINK "http://www.comedycentral.com/videos/index.jhtml?videoId=363864&title=jon-stewart-moment-of-sincerity"http://www.comedycentral.com/videos/index.jhtml?videoId=363864&title=jon-stewart-moment-of-sincerity

 it s the first time seeing something through the frame of optimism, a value and belief we lost everywhere for a while and something that reinsures me about the US. A mix of forest gump forgetting apocalypse now, a story of frame and reframing nicely and usefully. 

 Chapter 14 : HYPERLINK "http://stotb.blogspot.com/2010/04/business-school-business-model.html" Business School Business Model Bam, Edward enters the theater of economy, a theater with different leverages. These levers action the change of background in a graphical way. From some economics lessons, Edward starts to drift in the application. The software is accepting his entries. Well, you learn better when you apply. Reason for this book, he would be deep into a crazy house. So lets do a little strategy game, no not the jail, the prison or the dysneyland dilemma. It is not so broadly available on the net: so why not attempting to describe business school business model? We are learning so much of it within other subjects that I couldnt forget the one he is currently in: one very profitable Business Model around. What is the essence to the profit engine? Diesel, unleaded, no truly highly energetic not refined gasoline. The easiest, money is easier to keep when you get it next to the source. The source? Students, willing to pay. After attracting them, you transform them into products, obviously we wanted it, we are unemployed for the most, what can be nicely and optimistically put

---

⬅️ Extrait précédent | Extrait suivant ➡️

🔖 Labels : MBA Magic Bible of Arts, Magic Bible Arts – Extrait 22

Magic Bible Arts – Extrait 21

Magic Bible Arts – Extrait 21

ideas about a new essay. Lets try to spell it, wouldn't be a magic university if not exercising new spells. The point of these books: the second one humanizes the state of one country; the second one mechanizes the actors of a business. The common view: getting humanism out of the equation, ignoring all constructivism principles of second half of last century, Latour the first one. Well, different times, different dances. So on his way back home, he decides to start his essay. Be creative, his teacher of modern arts asked. Dare to ask and rethink the assumptions. Introduction: Back home, watching TVs, he saw the news that corporation have now equal liabilities as individuals. So, let's go a step forward and dance more. Lets think one moment that corporation are individuals, being human, being part of a society means to have rights, means to have ethics.

 In french, "un citoyen a des droits, un citoyen a des devoirs". I cannot find the right translation for the term devoirs or deberes in English, so I would expand the meaning: the rights are what the society as a whole ensures and gives to the individuals, and for a business, the ethics would be a code of professional conduct, conduct the business requires have to do to fulfill towards the society. An image? The two-way relationship, a two-way road, I receive, I give. Development: Let's go to the industry. A normal company manufacturing goods, providing services, creating value from its know-how. How could it be more humane? The supply chain can be represented as the spinal column of the business, the brain, at least part of it, on the top, or the bottom, the neurons scattered mercifully and equally over the synapse of the spinal column, from last tier supplier of raw material to final customers.

 Every action is creating reactions linked to the brain and a positive signal could be pictured as a deserved profitability or performance enhancement. The ears and eyes are provided by a mix of sense coming from competitions, financial analyst, news headlines, and the motivation towards innovation. The sense of touch? Bottom up or top down, your feet or your hand, at different levels, and trade unions provide a useful sense of touch to the people working for you and adding value to the business. Problems and ideas arising at the bottom are often more complex and leading to more value added than the one coming from the top. Trust the sense of touch. Taste is involving external stakeholders, the one from the market, the reaction from competition, the ratings of your debt, all external factors you can have a taste of. Like wine, we need to educate this taste in order to ensure getting the useful factors from the possibly useless ones. And finally, one very important one, given you know where you are, your eyes are giving you the direction of where to go. 

Eyes are making the head turn more than any other sense. eyes are looking to the future, to which road to take, to which seat to sit, and most of all, eyes are enabling the individual not starting to be complacent. As beautiful a piece of art is, the eyes will get bored of that. Edward is falling asleep, and let his mind drifting away. His mind is drifting through one example in particular. This example comes where it would be most difficult to implement this view: the financial sector. In fact, waking up after, Edward could find any light of a possible solution. The rights of a financial establishments: provide loans to the individuals at rate higher than the country's central bank, underwrite M&A, IPO, and ensure the media of money is continuous and ready to be used. the things to give back: Make and ensure a balance of the system within the network of banks, be accountable and face responsibly how to keep the balance, well, balanced and not only in financial terms and assess

---

⬅️ Extrait précédent | Extrait suivant ➡️

🔖 Labels : MBA Magic Bible of Arts, Magic Bible Arts – Extrait 21

Magic Bible Arts – Extrait 20

Magic Bible Arts – Extrait 20

on quick wins in every project you are carrying out. True enough, that you do not work for failures 

 Fourth lessons: Tchernobyl and the domino effect. People in a work organization will react irrationnaly under stress. 

Thanks, that and challenger puts the previous lessons on hold. Time for misbehavior, Edward comes back home a bottle of vodka on one hand, a bag full of business case on the other. Bonfire? Unfortunately not. One of the thing he reflects now on: Too much change kills the change. However unhappy we are in the present situation, one should still discern the underlying happiness present in every kind of situation. Change does not mean change it all, change at all, it does mean understand and misbehave appropriately in order to differentiate. 

What the point in everyone acting common? In his brief career, he was under route 06 then 08, then vision 2012 then scope 2020. Time to focus on months and days and no longer on years. A change program acts only if change is accepted all along the way, a story of quick wins, a novel on long term goals, a communication on nothing that fills the everything. The end is a new beginning As he writes the title, Edward only finds in this basic common paradigm the sum up of his travels. 

He reflects on his path with another path, another metaphor. One week of discussion, one week where he met people in search of something intimate, one week in pushing the limits further, six days in silence, calm, disconnected from the modern world. A gift. It took place on camino de Santiago, where during 10-11 hours, he was on the road, a road in el bosque, a road on macadam, on road on a telegraph to link what has been performed so far. He entered the university as an engineer, a pragmatist. He started to use his goggle, to frame better and understand whats lying around. 

First, the basics, finance, marketing, human resources, economica, how the organization works, he drew a map in his mind. It appeared so complex, he simplified. A to B, enjoy the travel around. Florentium As a theorist, he enjoyed drawing the fundamental nature of the numbers underlying it all. With cost accounting, he stopped on a subject he enjoyed: taking a photography of any given situation at time t, place l, environment y. In all seriousness, he understands 98% of the rational environment around. Time to discover the 70% of emotional. No relation of hierarchy students teachers, he felt he deserved the right like anyone around to speak on the same status, learning from the others, removing these reputation barriers and daring to ask what he has on his mind, the best way to learn and apply the learning. It is his last speel on the university side, his continous sep on the education ladder. All the stuff that is visible, the major part remaining gladly in the hidden part. 

 Investing in himself, timely, economically, a huge investment. As the walk reaches its ends, he is sill more looking on the new future than in the payback time Chapter 13: The deaf, the blind and the speechless Edward enters the library, the old building topped by two towers and a cream of cloud. No sign of silence, the minds are getting sharp and speaking loudly. "Interaction" is the spell of the day. He takes right and sneaks into on of the old corridor between shelves. What is he searching? Is he searching? His fingers click like a mice on the cover of the book, staring down to lace up his shoes, he discovers one in a strange old dialect: "Jeunes cadres sans têtes" - Jean Grégor. 

Brushing up the pages, he takes it for interest under his shoulders. On his way out, he saw a shelve filled up with the same volume, a long time he haven t read it again, he draws out a volume of "The trial" from Kafka. Far from the action packed revolving doors of Michael Crichton library, the two books he got gives him

---

⬅️ Extrait précédent | Extrait suivant ➡️

🔖 Labels : MBA Magic Bible of Arts, Magic Bible Arts – Extrait 20

Magic Bible Arts – Extrait 19

Magic Bible Arts – Extrait 19

This will develop to the transition at the end of the presidency and hopefully how he is planning to ensure his main projects are carried over.

 Chapter 11: Entracte : Discours à travers cours Elle te regarde, Tu la dévores des yeux. Rien ny fait. ... Ton regard y retourne, Tes yeux y dérapent. Tes mains sy raccrochent Ca dérive, Une branche arrive. Et tu ty fixes. Volonté, Elle ? Ce grand nimporte quoi, ce regard vers le futur, de quoi, vouloir quoi, qui, comment, pourquoi ? Des questions qui rendent les sens si immenses que soudainement on se berne dans une oasis au milieu du désert des choix qui te sont offerts. Autant répondre présent. Choisir ce dont on a envie, prendre ce quon veut. Elle est simple, sa partition se joue quotidiennement, continuellement, spontanément. Les accords dYmgwie Malsteen en résonance à la voix de Janis Joplin. 

The Will comes forward. Nous - Non pas mon testament, le futur. La petite voix - Quoi ? Tu me parles anglais maintenant ? Nous  Ma tête nen a pas, elle parle anglais, français, allemand, espagnol, tout ces idiomes européens dans lesquels je me perds avec joie et toute ma volonté de sauter droit au but. Elle est sans foi, elle est sans loi, elle a une voix. Quand elle nous séduit et nous parle, on peut se boucher les oreilles. Quand elle reste silencieuse, tout se réveille. Elle nous observe, elle se consume sous nos yeux. On en salive déjà, mais non, On ne peut pas, on ne veut pas ? Là ou le vouloir ajoute sa sagesse sur le pouvoir. Toi là-bas, drogue douce, drogue a lair, tu te métamorphoses, et tu me donnes envie. En véritable transformiste, tu deviens aiguille, tu deviens pastille. On devient fébrile. Cette seringue nous rend dingue, une goutte perle sur nos lèvres, les yeux clignotent, elle, elle radote et nous donne sa dote de nicotine. Vient la méthode Coué, on le dit, on le répète, on loublie. Elle ne répondra que dans le futur quon lui a promis. Elle se fait dexpérience, se construit sur les ressentis, se détruit en un mouvement et reprends force en un instant. Et Bam, elle revient, elle se transforme dans tous nos regards. Elle crée un nuage crémeux qui remplit de chaleur. La petite voix - Change toi les idées Nous - Oui, jai envie de myrtilles La petite voix - CTRL + ALT + Suppr, Same player shoots again. No because its always on. Donc on s'allume cette dernière, on se le promet. La petite voix diablotine - Tu appuies bien sur démarrer pour éteindre ton ordinateur. Et BAM, la porte souvre, coup de vent, elle séchappe de nos mains. Cette fois on débranche la prise. Dérapez, ce nest pas manque delle, cest humain. La petite fée revient et reste silencieuse, elle nous berce de son regard intérieur. La petite fée fait des miracles, le petit oiseau transporte les nouvelles et te livre cette dernière en colissimo poste. Pas besoin de signer. Elle fonctionne a plusieurs. Cest donc ca,  se donner les moyens de passer a autre chose pour escalader la montagne, une autre façade, une autre route. Cette confiance en soi, confiance dans lavenir, y croire et ne pas laisser le doute sinstaller a son aise. Autant être con querrants, tout le meilleur est à venir. Elle joue la gamme et entraine les pas de danses, comme ca, mine de rien, lair de tout. Nous - Enfin je ne sais pas, je nen ai pas. La petite voix revient -  De quoi, de volonté ? Arrête de te mettre des obstacles dans les roues, roule ! Là, la volonté parle en nous - Prends soin de toi, ignore le bruit ambiant, pense a toi Musique des écrits : E-talking - Soulwax 

 Chapter 12: Evangelizing one behaviour Edward enters now the nef of any MBA church: how to behave and master the organization. First lesson: networking. Second lesson: understand the others, and manipulate what you can in order to achieve the business goal you have been set up. Third lessons: bet

---

⬅️ Extrait précédent | Extrait suivant ➡️

🔖 Labels : MBA Magic Bible of Arts, Magic Bible Arts – Extrait 19

Magic Bible Arts – Extrait 18

Magic Bible Arts – Extrait 18

the worth of non information. Information are created from a system, it can take a picture. More importantly, information is about assumptions. And here he got the answer from another course, never ASSume wrongly, it makes an ass of you, it makes an ass of me. Well yes within the frame of an MBA, entirely built around assumptions, the key is to know how to sell your bullshit the most effectively. It is where mathematics and topic such as SCM draws their strengths. By knowing the conclusion you want to reach, you can still play around the assumptions and the process of calculations behind to get to it. Ok well, on his way back home, it didnt help Edward. He didnt find his car. Ah yes, he sold it. And still, he loves bottleneck, containing potion of the happy. Chapter 10 : Monsieur le président, je vous écris une lettre Que vous lirez peut-être si vous avez le temps "How words can express anything." it looks very politically correct, what the hell, had to do it once, better be correct. So even before, I was attempting successfully to master the art of Bull****. One year ago, exactly at the same time as today, I did compute an essay to enter university asking me a question I wasn't too interested into first, and where I gave yes at least two days of full thinking through, and so here it is. You may find this interesting, I believe he won't answer this question: If you had the opportunity, what would you ask the president or leader of your country, and why? My question would be: And after, what are you going to do after your presidency? As entering the political area, I would ask an open and simple question that will show naturally his very own personality... his view once achieved, what will he do and what will be the position of France in the international environment. He is a young president who will be retiring at a young age. Will he stop and retire simply from the political scene? Given he has been carrying out various successful and some unsuccessful projects, his view on that will be very interesting for other people when answering a question directly linked for managers and leaders: Once achieving your key objective, what are you doing? As a successful leader, his entire career has been focused on winning the presidential elections. It s setting up the view and handling he has in international relationship, and the situation of France on the very long term. Mayor of Neuilly-Sur-Seine, president of Hauts-de-Seine county, spokesperson of the government, minister of budget, minister of communication, minister of internal affairs, minister of economy and finances under socialist and republican presidency, this lawyer from an Hungarian family finally achieve his objective and became in 2007 president of France. Now, now that he is in the position he was driven to complete all his life, he will be retired at a young age. So what does he see next? He became a leader owning a vision developing his political and personal drive. His whole career and furthermore during his presidency, he has been pro-active on all sectors not leaving any folders unattended. For example: Alignment to US policy, and the OTAN, Reaching balance by reducing health care, agreement with Russia on petrol while crisis in Georgia, Immigration policy, Position within the European Union. His answer will support the view he has on the strength in time of the projects he implemented. Personally, that is a question that I am answering for myself every day. It supports my drive in daily actions and keeps my motivation high in performing in my own chosen way and chose the relevant and balanced actions forward. To conclude, his view of future will link with the view he has on France geopolitical future and how he is seeing France after his presidency being handed over to other movements and other people.

---

⬅️ Extrait précédent | Extrait suivant ➡️

🔖 Labels : MBA Magic Bible of Arts, Magic Bible Arts – Extrait 18

Magic Bible Arts – Extrait 17

Magic Bible Arts – Extrait 17

many stages, we are limiting the creativity in our destruction in these kinds of models. Let's be fair, economic is only a recent discovery, I won t say philosophy, I would say still at the sectarian stage, but I do hope they will build on what has been carried out as well before in the past 3000 years and not forget simply and unrealistically about it. Our history is what is truly underlying the true basic of our world, not yet some young fancy explanation on the power of trying to merge it all in one subject. I do not understand why this should be consider as the table of the 10 commandments, it s so basic, sometimes wrong, and just explaining again using their model what we already knew. Economical capitalistic models are just a replication of the basics first and second model of thermodynamics, not a totally broad new stuff, a replication without copyright. And yes, I am not an economist. The value I cherished most is optimism. It is mixed to a nice essence of realism which makes it even more smile. Yes as always the short term is going to continue to be quite bad. But what do you think. Results of the financial crisis two years ago, we only transferred the debt from the financial sector to the states... so now the banks are doing what they like to do, losing memories, and yes governments behind are trying to concert and build up on an upscale solution, not easy, but a challenge worth going through. I am optimistic, it s what makes me invest in the future, and yes the future will keep its promise. To finish on the economy, as you saw, unlike Kylie, it wasnt love at first sight. Ive learned, Ive discarded, At least I can understand 82 pages of the economist, the other 20 are ads like it was exposed by this beautiful artistic exposition next to the campus. Truth is never far. You just shouldnt search for it. Chapter 9: Dude, where I put my car? SCM another method of SM. Really. And strangely enough, one of the subjects Edward most enjoyed. Why? For the first time, it was mathematics to the pure essence and delicacy. Nothing to bull shit about, just getting to the point, three points, a basket ball throw: Agility rather than true to the roots optimized inflexible efficiency Adaptability to the conditions around. Pascal said Intelligence was the faculty of adaptation, nothing new so, just reinventing the past to suit the present. Alignment of the players included in the value chain. Is I better to spoil the other to reach maximum efficiency or is it better to lose time in negotiation to ensure everyone reaches an agreement they will comply with? Still, one of the foremost assumption of supply chain is to ensure there is a customer at the other end. No need to work on that before the latter. Yes a good life lesson if you so wish to take lessons in life. Further away, Edwards left his mind drifting. He was drafting ideas around; his professor was advocating collaboration, exchange, two way road of information. An utopic world? Yes, why would you be paid for if all the accountability and responsibilities are shared between the players? Where is the game? It is the most natural way to reach effectiveness. Where does the crazy stand there? How much deadlock the creativity will have to unlock to reach application? Can you trust somebody billing you and sending you information? What would happen in term of crisis? An MBA displays the answer to the latter question. Whatever happens, whatever nice people are around, the first reflex in time of bad conditions would be to leave the boat. And Edward will be still standing behind the left wheel. Yes the sea is cold and quite unknown. A boat will bring you further than any swimming lanes. SCM is bringing the most important topic in a world valuing intangibles more than anything else: the value of information, and more importantly

---

⬅️ Extrait précédent | Extrait suivant ➡️

🔖 Labels : MBA Magic Bible of Arts, Magic Bible Arts – Extrait 17

Magic Bible Arts – Extrait 16

Magic Bible Arts – Extrait 16

one value of human. one thing right coming from that, yes we are egoist, and will still try to satisfy yourself needs demands and wants before thinking of sharing and all the other. So at least I agree partially with one. 5) Trade can make everyone better off. identify the weakness of the sentence "can" or "can not", "everyone" or some "individual", better off or worst off, the statistics of statement of the sentence doesnt t say anything about it, so yes trade is making some better off. 6) Markets are usually a good way to organize economic activity. If economic activity was ruling it all, and covering every aspect of everyone possible activities. Perhaps, but the scope of economics is slightly limited thinking they can explain it all, hence putting a statement validating their existence. 7) Governments can sometimes improve market outcomes. Ok must be American, and ignore some of the alternatives existing to a fully capitalistic world ruling it all on value, and quantified variables. Quite strange to see this sentence and compare it to statement five. Here it s sometimes while before it was more probability when reading the sentence it will make everybody better off. Yes, governments are there to identify and service the basic needs of the population and ensuring the way forward is enlightened with some guidances and morale ethics. At least, we've seen so far that governments have always been to the rescue of economics when sliding off track. Hence yet, the market has to pay for this safety net, and the beautiful justification of tax. 8) A country's standard of living depends on its ability to produce goods and services. For countries with more than four hundred years of history, a country's standard is depending of a lot of alternatives. Because market is the dominating way we are forced to believe in, one of these alternatives is from the production of goods and services, but I would go a step further and state that a country's standard depends on how the country managing the exchange of different things (not only of goods and services, which are still a useful liaising agent). I would put their culture, values coming from immigration, exportation of working models and emigration, literature, and globally yes a two-way relationship which is too often ignored due to the difference in leverage of power during negotiation between two countries. Quantifying will always put one better off than the other in this deal. 9) Price rises when governments print too much money. Ok causal statement here, why do governments print too much money. Because there will still be an imbalance between one country and the others, and we are trying to cope with this imbalance by adding a quantified value in it. No I strongly disagree with the way this statement is made, if you want to make the government as scapegoat, you are doing it well, but I do not find that objective at all. 10) Society faces as short-run trade-off between inflation and unemployment. Ok it was here a nice marketing move to introduce the Philips curve. It is only coming from basic observation of what s going around. You introduced money as an agent you find useful, yes of course, if everybody working, the growth implied will create inflation, and yes of course a recession will put people out in the street. I will add another one though: 11) People cannot rely on themselves, Trust is part of the trade-off. And if reaching this stage after agreeing to all the previous statements, youve lost trust in the trade-off. The most basic fundamental right is subject to quantification from some pseudo scientists who invented a science for their own purposes and sense of achievements. I do agree on the basic most fundamental underlying basic of this kind of economics: capitalism is based on creative destruction. Still at

---

⬅️ Extrait précédent | Extrait suivant ➡️

🔖 Labels : MBA Magic Bible of Arts, Magic Bible Arts – Extrait 16

Magic Bible Arts – Extrait 15

Magic Bible Arts – Extrait 15

don't make articles any more than record labels make music, writers make articles and musicians make music. Newspapers and record companies are in the distribution business. Today, journalists and columnists can live without newspapers. Newspapers, however, cannot live without journalists and columnists. Google and Apple (in this case) are on the side of content generators, giving them a way to get distribution and get paid (if they're any good) without middlemen. This discussion got short as looking back on it, they agreed more than they disagreed Cash is king, Content is emperor. As of conclusion, a final quick spell breezed over: With no contents, there are no distribution. Distributing what? With no distribution, one has to search for contents and value it, reason why customer centric business is the future. As we were moving towards a technological society, the distribution system got totally rethought, taking shortcuts that only technology could offer. Now, we are deeply in a technological society. How will we  promote further contents, the kind of critical one that makes us unsettled, and rethink. For most of what Edward understands, writers and philosophers are not writing simply to get rich, they are writing to enrich. E-Interaction is the distribution of the present, and well more than a simple distribution, it is the value of our present. Still, how the mechanism of voicing out concerns away from standards is taking place once only some keys stakeholders have achieved the critical mass to overview it all and reach each of us? Well, embrace the distribution, you still own your contents. Music: Fatboy Slim Right here, right now HYPERLINK "file:///C:\\Users\\Dobson\\Desktop\\IS%20it%20best%20to%20go%20for%20content%20or%20distribution.doc" \l "_ftnref1" \o "" [1] Source:  HYPERLINK "http://www.20minutes.fr/article/631255/media-apple-google-defies-partie-presse-francaise" http://www.20minutes.fr/article/631255/media-apple-google-defies-partie-presse-francaise Chapter 8: Entering the black bible of Mankiw's ten principles of economics Ouf I did not attend the same university as Mankiw I believe the corporate belief would have make me lying even more to myself. I would have feared for the critical thinking aspect I've been told we've got to improve. Well, I've got my values, and no I am not looking to change them, it s what makes me rational, efficient, and go forward taking the most of every single mistake. With no background money-wise and market-wise, only common-sense realism, I will have a ten-minutes go here to explain why the economics field is still trying to assert they are useful and that in that case cannot go further, as most of us can disagree and see alternatives to a market wise rule of thumb over the world. 1) People face trade-offs. It s the basic of existentialism. Making a choice, right or wrong, it s part of human freedom and depending of the knowledge and acceptance of the uncertainty involved in the subject, it could get everybody better off, everybody worst off, or as we see in a market ruled world, some better and a lot worst off 2) The cost of something is what you give up to get it. No, the cost of something is an exchange you are involved in. Your work is adding value to one product of your own, and you are getting that in the balance to get some other goods. 3) Rational people think at the margin. Rational people are only a bit of the global population, and fortunately we are more irrational because emotional, and that s what makes us human, hence economics stealing from the field of humanism here 4) People respond to incentives. If they care. As said in the video it s a tautologies, I am motivated by my own motivations, if I am not motivated would be extra difficult to get an external factor to motivate me. Its centering on

---

⬅️ Extrait précédent | Extrait suivant ➡️

🔖 Labels : MBA Magic Bible of Arts, Magic Bible Arts – Extrait 15

Magic Bible Arts – Extrait 14

Magic Bible Arts – Extrait 14

backpacking in the middle of nowhere. At least it is the only thing sure and that he invented so far, nowhere, the void of emptiness, bubbling through his own plasma, ejecting some piece of gas to relax a bit. Hey it's BB, he is very stressed, and he will start soon to create the biggest explosion seen in human life, euh in astrological life, euh in cosmological life... Giving birth to suns is so hard, that makes the voice wondering, is BB better personified as a woman or as a man? At the end, he/she will give birth to a whole new entity, which will give from its turn birth to plenty of little suns, which will they give lights to a lot of aggregation of small structural piece of stones, plasma, gas, interacting all together in the kindergarten of universe. What would be better than such a playground as all the universes? So BB is going on a pause, the first thing she decides to create is his own language and to go through her own books. He is so backpacking in mind in the library of the voice, searching for different books, and reading reading reading. Thats her way to relax, that's his way to not think what is lying ahead. In which language she is reading you are wondering? In his own, this language won't be discovered, and nowadays, five billion years after is still not known, the plan is not readable, and we won t be able to decrypt it. But he is reading, or to be fair, she is listening to the voice reading and to be true, he goes on strike for a while, she needs it. Chapter 7: Contents versus distribution, a lyrical trip boarding to value even the emptiness Long long term, contents have its say, right now, distribution is what matters in our world where everything has to move fast and to be readily available. Along the corridor of the university, Edward calmly takes the right to the exit. On his way out, he meets a friend and a short discussion starts from there. As always, a discussion leading nowhere, should it, at least a food for thoughts Topic: The creation of a GIE (Groupement dinteret economique) called ePresse premium. It gathers several newspapers on the French market. They decided to have their say in the overwhelming deal from actors having critical mass in the distribution to users: Google and Apple. HYPERLINK "file:///C:\\Users\\Dobson\\Desktop\\IS%20it%20best%20to%20go%20for%20content%20or%20distribution.doc" \l "_ftn1" \o "" [1] And the discussion that starts from there: -Latest news, part of French newspapers don t want to be under the diktat of google and apple, hence a GIE, ePresse Premium - As one of our professors said, "explain to me how tying several anchors together will make them float..." - Throw an anchor to the big balloon hyperinflated in front of you.  The strategic battle is about contents. Who ensures/owns contents gonna deserve to stay, one thing is that in this game, there are no frames and no rules to follow, only a critical mass, I am sure Apple and Google don t care too much, here the US market helps them a lot. - The battle isn't about content, it's about distribution. "Content holders" don't actually generate content. - Well, I cannot refrain that, still, it s about content. there are plenty of way to find distribution and sell wind (bubok, publishing company, or others). Contents give the word of mouth, which give the coverage, which gives the distribution ... in an ideal world. Without content, we are nothing, and here the newspaper are the one creating contents from their employees who are settled in an organization to think and write. and reason why google is aiming to get google doc to take over microsoft office right now. - Google docs vs Word is another issue entirely, mostly about desktop vs. cloud. Content is king, but newspapers don't generate content. They distribute the content that their writers produce. They

---

⬅️ Extrait précédent | Extrait suivant ➡️

🔖 Labels : MBA Magic Bible of Arts, Magic Bible Arts – Extrait 14

Magic Bible Arts – Extrait 13

Magic Bible Arts – Extrait 13

what is meant to go everywhere. And here comes gravitation, discovered some millions years after under an apple tree. 

 Chapter 6: Everything is a matrix: enter it 

 Welcome, they say, Edward hesitates to enter the modern corridor. He hesitates to face the same blah blah he had in his job on the almighty IT. No, Information Systems is a system, a tool, nothing more, nothing less. Syllabus: to explain in twenty sessions the virtues of software, hardware, and how to align all soft to the hard in line with your business strategy. Subject browsed includes: Web 2.0, social networking, augmented reality, clouding and the list goes on and on and on like we never want to switch off and goes away. Off the list, the main virtue we all have is to think before apply. We are already slave of money, why looking to be slave of another intangible master we wont be able to control. This matrix is used to coordinate, organize, reduce waste. 

And here it goes, Edward wastes some blank digital paper on the online community. Wiki why? Hara-kiri says the laughing cows, it is a whole new set of experience, virtualising almost everything you knew before. You have installed the last software required, you are already out of date. Independence of software is the only way not to enslave us. In this digital war of independence, pay attention to one and only one question: Is It a nice to have? Or is it required? And here goes the development of the thinking behind, do my business need to invest in it? Or does another one can clean the track before I engage ourselves down the road. Everything is a matrix, enter it. Ok, well, what is the code? Do I need a fidelity card? Accept Visa? No, dont get to me with these pivot table and these reference to a reference to a reference to a loop to come back on the starting point. 

 At a time where GPS, and location positioning have reached useful levels, how lost can we be in the digital world? How lost should we be? Do I want to bet? I do want to understand what is underlying my bet. Information is everywhere, duplicated, summarized, contextualized, simulated, derived, thought off, added on and on and on. No feedback control, everything is free ride. Now have you tried to leave the wheel when you were driving? No, get back in seat, and at a time where everybody else is going this way, don t go the opposite, but don t get head down this way. Head down is only good skydiving wise. Facebook, 3 months, I was unknows. 

Now, 750 connections. Since 4 years, I am an inhabitant of Earth, and I saw it was a town of Texas. I did move to boca del cielo for a time, but had to come back to Earth. Important is about what you radiate, how you radiate it, and who is down there. I am leaving you, I have to get back to my old mail. Dont get my wrond, but the social community appears to have been dressed up of an hypocritic virginity. What? Yes I dont know you, it does not prevent me asking to enter your world and understand more about diversity around. Dont stand on both sides. And there they lived, all in a line, speaking about the same subject with the same lines, with the same tones, and the same fake attitude regarding non commonly accepted rules. HYPERLINK "http://stotb.blogspot.com/2010/01/chapter-5-big-bang-takes-break.html"

 V: Big Bang takes a break Big Bang is exhausted this soon to be invented day. Too much mentally wanking, too much everything, and nothing is done. He looks everywhere, so in fact staring nowhere, and he is lost in the middle of nothing. So he is taking a break, it would be too much work to go on and on and on. He is starting to realize how much work is ahead. Do I have the strength to carry it out? Yes, BB is in full doubt mode. And you do you know what is going to happen in the next five billion years? So yes a break, BB is going on holidays

---

⬅️ Extrait précédent | Extrait suivant ➡️

🔖 Labels : MBA Magic Bible of Arts, Magic Bible Arts – Extrait 13

Magic Bible Arts – Extrait 12

Magic Bible Arts – Extrait 12

100% of the PIB of the country, distrust was the word of mouth in the financial and economic world. At this stage, I would share a personal belief. Countries are hereby contracting a total amount of debt, not thinking about paying the principals like any single individuals would do, but take only into account the interest. 

 From the movie Zeitgeist Addendum, it is supporting the truth that money is created by debt, hence growth is creating from that, and by contracting one debt from one to the other, you are betting on a future, while you know you won t be able to pay. Example of the Babylonian system takes here its full meaning: http://georgewashington2.blogspot.com/2010_10_01_archive.html 

 Greece, I do believe that, at the time in 2000 or so, the PIIGS (Portugal Ireland Italy Greece Spain) werent able and prepared to face such a strong currency as the euro. Current developments in the European economy will possibly show some encouraging factors possibly reinstating a more practical and required management control system. The economist Fixing Europe Single Currency HYPERLINK "http://www.economist.com/node/17093339?story_id=17093339" http://www.economist.com/node/17093339?story_id=17093339

 IV: Big bang to the next step, it's all a story of rhythm, and Flamenco. So BB is now decided to be the biggest entrepreneur and to remain it for a long time, keeping the competitive edge of curiosity well ahead of what the voice knows. From this, he enters the market, arduous task as it could, as a market requires two sides and he is alone. But hey, he is big bang and he is speaking, euh at least thinking, he is going to invent some black hole shortcuts, so let s continue twisting the rules. Twist is a nice dance someone will invent without thinking that it is related to him; it's the miracle of evolution. Why should only the most adapted one remain? Bring back the fun. Now, in the process of expansion, BB is considering the internalities, the ones that will make his product proper for the demand he has the chance to create. Tho', he cannot prevent from thinking about the externalities, these casualties paving the way to his vision of a globalised universe. The voice has been shutting up for a long time now, it king of worries him, and something is getting prepared. Or not. Ok continue to go ahead BB, you will never know if you keep wondering and as the voice said around a hot cup of nice maelstrom tea, very welcome in the deep cold emptiness of space. So just do it, he still has the trademark of this motto, it hasn't invented yet brand management, marketing, and other tools that the voice keeps silent from him. Silent or the voice can speak? So how to minimize the externalities when you are planning the biggest explosion ever done in this part of Yes there it was space picturing spaces, the voice is doing as she can to make this as interactive as possible. wait till someone invents colors... and here another voice comes to speak, much more wiser it soon appears, ok only from the tone, that s not giving too much but still, and this new voice is telling him to be careful, that this way of capitalism or some optimiscally call it this process of creative destruction is totally imbalanced and is going to blow up his head several time. Maximize the externalities by setting up a trade off with yourself, yes there is still nobody else, only this voice speaking in emptiness. Can you hear it? BB is starting to feel unwell, he is not getting all out of this thing, and hes got to get something else on the way. You cannot leave the process alone, you have to find a way to balance it, so here we go, BB is going back to the drawer and with a new tone, and he is slowly and carefully setting up the process of gravitation. Science never goes wrong. So let's take a scientific policy to control

---

⬅️ Extrait précédent | Extrait suivant ➡️

🔖 Labels : MBA Magic Bible of Arts, Magic Bible Arts – Extrait 12

Magic Bible Arts – Extrait 11

Magic Bible Arts – Extrait 11

abuse the system to make money knowing that the government will be there anyway to rescue the situation if something bad happened. Not something bad happened, something worst. While subprime crisis and to a further extent the derivatives mishandling is a symptom of the financial disease we were made involved in, the debt from the private financial sectors was effectively transferred to every single one governments of the country where the banks involved were working (UBS, BNP, Citigroup and so on). 

 The economist: The financial system What went wrong? March 2008 HYPERLINK "http://www.economist.com/node/10881318" http://www.economist.com/node/10881318 

 Subprimes are not new, it is an effect on the virtualization of money, and I would like to come back on one turning point in finance history: The 18th of January 1800, Napoleon creates the central bank of france, its mission: support the development of an economy struggling after revolution. how? by creating notes, that are payables and receivables in presence or in exchange of the benefits from the expectations of the business. Notes were already existing, but those emitted by Law's bank as the others only offers sad memories. For success, the new organization has to give the customer trust in paper money. This objective has never left the bank since then Source (in French): HYPERLINK "http://www.banque-france.fr/fr/instit/histoire/1.htm" http://www.banque-france.fr/fr/instit/histoire/1.htm 

 The image I would draw from this whole story is that money is the blood of our whole system, we can see injured that we are an hemophilic society and our immune system is not mature, another reason to keep an eye like GPs on the financial sector. National debt The subprime crisis gave birth to another concern of the disease we are subject of. This symptom, and treatment disclosed above, gave sight to the structural imbalance of the budget of a government. While it is true national government had to cover the financial sector, as we are in a worldwide sector where every single banks are interdependent (contracting loans from one to the other), the financial crisis created a change in the world consumption. Via the diminishing exports, the high exchange rate (for the euro for example), the subprime crisis, the structural imbalance of a country (in term of pension, in term of structural unemployment and so on), the budget of each country couldnt be balanced. 

Economists think indeed that in time of recession money needs to be inputted into the system to rebalance it and stimulate the economy (internally and externally). Still, there is no way to understand where exactly to stimulate the economy and how to exactly get the effect wanted. As a broad answer from the economy side: it depends, we should do this way, and let the market rebuild itself, but ultimately it depends. As an example of the complexity around, raising taxes in a period of recession would ensure reducing the imbalance in the government budget. Still, it makes it more unwelcome for companies to set up or to invest assets and means in the country. A Paradox, another one. Its only one example. National debt is contracted through one government and its central banks on international finance, to a country level. 

Hence when contracting debts, there are an interest rate and a principal to pay. This interest rate is following the market depending on the health of the national debt of a country. While a country is never believed to be able to default, we evolved again in the extreme of the probabilistic area following finance distrust and so on. The interest rate of bonds released by each country reached high level. (Long term bond of Greece difference to long term bond of Germany which is the reference is the EU going as far as 4%). At a time where national debt stands above

---

⬅️ Extrait précédent | Extrait suivant ➡️

🔖 Labels : MBA Magic Bible of Arts, Magic Bible Arts – Extrait 11

Magic Bible Arts – Extrait 10

Magic Bible Arts – Extrait 10

wonderful name, got spoiled, poor them. Cash is king, what kingdom is that? In this kingdom, everything are TLAs nowadays. Studies have shown plan in three points, acronyms of three letters, solution delayed in three consequences are equilibrium. Come back to physics: Since Eisenberg, we are living in four dimensions. What a step back. Well, Edward went through it. He understands, but it does not stand by it. Example in a play: the subprimes lie Turning around, and around, and around In a world very confused and very complex, where we believe more in end times than in our times, I will come back on one event in the last 3 years: the subprime crisis, and put a context in another context. The information disclosed below is how I understand it; please correct me if reckoning a wrong simplification. Subprimes One source (French) HYPERLINK "http://www.maths.univ-evry.fr/chaire_risque_de_credit/Armand_Ngoupeyou.pdf" http://www.maths.univ-evry.fr/chaire_risque_de_credit/Armand_Ngoupeyou.pdf 

 The initial idea behind subprime is to offer people not having bank guarantee the possibility of contracting a loan in order to buy an asset (an house for example). These loans were contracted with an initial fixed rate, generally low, during the first few years and a variable rate, after. Due to the risk intrinsic to the coverage of the loans by the individuals, these loans entered the financial system through another financial vehicle: the CDO (Collateralized Debt Obligation). 

 The CDO aggregates different loans of different risks. For example, a group of high risk loan were aggregated to some more insured. The aggregation, balancing these loans into a single vehicle, enables an easier exchange through the financial system. CDS (Credit Default Swap) were contracted on these CDO. The company providing the CDS, generally with good agency rankings, insures the risk of default from the interest and the principal on every single loan in the CDO vehicle.

 As a counterpart, CDS holders were gaining a rent as part of their insurance onto the loans. Subprime became as widely available as it offered the opportunity for one individual to get what he wanted right now and evolving in a field where regulations were very low, that derivatives (CDO, CDS) of financial vehicles were created over and over. Hence, from my understanding, CDS down the chain were aggregated in a single CDO, and on, and on and on. 

 While it would have worked if the CDO were rightly balanced, the situation evolved in the extreme. To take an example, we like probabilities. Hence taking a normal curve, normally you have 95% chance to stay in an interval of medium plus/minus a factor of the variance. The situation so evolved with time. And we began to evolve in the part of the normal curve where it was no longer subject to probability of normal behaviors. Drifting to the extreme of the curve, the CDOs and CDSs displayed their structure imbalance. And Defaulting starts. To the extent we did reckon. Given most banks were contracting in this kind of structure, it created a structural imbalance to their portfolio, and they soon arrived to a dead end situation where only money from the central banks would rescue the system.

 Hence, for example, Freddie Mac and Fannie Mae were nationalized and further money coming from the governments and the central banks were inputted into the system to stabilize it. While subprime offers one individual with no bank guarantee the right to contract a loan, the greed extends as we know to bank looking to use this opportunity to make more money. As Goldmann Sachs was put in frame earlier this year, ( HYPERLINK "http://www.guardian.co.uk/business/2010/apr/16/goldman-sachs-fraud-charges" http://www.guardian.co.uk/business/2010/apr/16/goldman-sachs-fraud-charges), financial system and hence banks did

---

⬅️ Extrait précédent | Extrait suivant ➡️

🔖 Labels : MBA Magic Bible of Arts, Magic Bible Arts – Extrait 10

Magic Bible Arts – Extrait 9

Magic Bible Arts – Extrait 9

evolving. Euh, isn't it too much despotic? it is, reason why he smiles, he starts to get his plans together, he starts to think, he starts to reckon, all the inside him is starting to boil, he s got difficulty to sustain it all, he knows the whole explosion, implosion, development, structuration will come soon. He's like the human being he is on the verge of creating. So like them, and very hungry, he s got the stomach twisting around. Fortunately he cannot make sound; void is valuing the silence, so. Chapter 5: Inflationary finance Scared from this experience, Edward starts finance by some standardize the accounting rules of Assets equalts to Equity and Liability. And transforming the model through the dynamism of market valuation. After a short spell, he tiptoes in the world of Finance management, excel to another sauce than the engineering radical one. The room is full of charts, of numbers, of pies or other sensitivity analysis on the 5 assumptions the person that did it calculates.

 Out of 5 assumptions, a quick glance at it shows that: the debt to equity ratio was calculated from debt ratings, the Beta of equity is taken in comparison with main actors in the field, the volume of sales is following a growth of 3%, like a country, but in the simulation, this is carried out for 15 years, the capital expenditure is calculated on a percentage of sales, constant percentage over the years, and well the only plausible one, the depreciation is decided to follow a linear model. Still, the exchange rate is not taken into account, the cost of setting up the production and the risks involved in launching a new product are not, the market share is held constant with competitors and worst of all, the same discount could be applied in standards model to the free cash flow from every single year. As thought, he enters in direct confrontation with Finance. Hermione prepared his mind, but his mind couldnt be prepared to that. He was quite happy till then. 

Not everything is measurable; qualitative is the way to assess better. And Bam here it comes, Finance and its younger cousin Excel. This cousin excels in explaining nonsense to reach the desired conclusion. Mixing qualititative and quantitative, asserting the assumptions, taking the results for granted. The power of numbers. If finance were a number, it would be Pi, an irrational number. Nothing is sufficient to calculate it thoroughly. Approximations are required, and more and more assumptions stated as you are reaching the final line of your desired conclusion. Ok now you have three projects on the table, an infinite source of money, which one are you selecting first? From this question came the first restructures of his young mind. Back to Tatoine: Tattooed on his back, NPV, Net present Value Comparables from market Ratios from Industry all these industrial legends pursue him. He will juggle with millions of virtual dollars, Euros, ok daft currency. A second life currency without the life behind. You can take all virtual risks without taking any real risks (see next chapter). 

Is it useful? Is it required? Good sense comes back to Edward in another spell. Spell it: QALUIATVIE Mixing the n and t to the l, and this spell enables you to move from quantitative to the qualitative underlying it all. Even qualitatively, the power of debt is summoned as the best way to create more value and manage the way through it. Simply put, money is debt. Going back to the roots, he tries to understand the context but why he is not given the name of the company? Only number, he falls again in the social insurance numbering dilemma. Am I 1804587436337? Or am I Edward? Even tautology cannot explain the difference. Still difference is in the essence. And here you understand the life of the two last crises: CDS, FCF, ROIC, CDO. Even EVA, a

---

⬅️ Extrait précédent | Extrait suivant ➡️

🔖 Labels : MBA Magic Bible of Arts, Magic Bible Arts – Extrait 9

Magic Bible Arts – Extrait 8

Magic Bible Arts – Extrait 8

to differentiate yourself, if you are looking to innovate, or if you are looking simply to treat your customers better. Your own market is a cushion to the volatility of the conditions around. Dont look to complex. No Edward is not scared about China. China still has to go through the internal crisis they have been avoiding for so long. With respect to change, he does not believe they are armed to accept the coming changes. Setting up a plan, organizing and planning yes, reacting and take the most from change, bring a culture of entrepreneurs? 

Not yet. Heart Attack, Crisis? Coming back to the . . 

Who is always called to the rescue? Who are you transferring the debt to? The savior is the guy you want to put away from the game. But hey it does make the game not fair, people making more money during the inflationary gap, same people standing away and waiting to play whatever they can when entering a recession. I won t derive on from where these crisis came, it just brings the point, accept it or not, but yes government is needed, in recession, in inflation. Your wife is there in good and bad times, why are you stepping away so far from what you are practicing in your day to day life. Edward doesnt trust one invisible hand to balance it all. An invisible hand never provides a good wank, it just creates wing. Lag is part of life, and it shows the limit of the rules of this game. Play it or not, but still keep within reasons. 

Again, rather stitching out of the game the governments and strongly believing economists are the beholder of the truth, work along, and don t be confrontational, your models are not that accurate anyway... everyone needs another one, preferably opposite, to live and go further forward. HYPERLINK "http://stotb.blogspot.com/2010/01/chapter-3-big-bang-is-snail.html" III. Big bang is a snail One year ago, Big bang was at its initiative stage. One nice feeling from the start, and it started to operate, not reckoning the extent of the enterprise carried out. If you know how much efforts it is to complete one thing, will you do it? He will, yes he will of course! The best ideas belong to the crazy, and he is the first one. If he wasn't crazy, he wouldn't go this way. Yes, he decided it this morning, forget the business case, forget the strategy, and just go for it, will you. Yes, today we are doing a small way on the theory of relativity, not confined to whatsoever, just relativity. it would be in a boring world about what makes think something is not achievable, or not appreciate something to its true value, or and here again, I am losing track, skidding in a galaxy far far away. euh wait a minute, says the voice, there are no galaxies as yet, and why would you want one?

 Euh, perhaps to create a milky way and to do some surf on it. So coming back to my sheeps, Big bang is preparing itself, packing stuff, organizing his home (yes it doesn't exist, but does something not existing is tidy and clean?). If I had to make a metaphor, I would picture big bang being a backpacker, introverting himself to understand the bubble is in, and what he needs to go further. yes to the infinite and even further, sure this sentence will make it hear some times, to which extent? Dont know, what are dimensions, what are metrics, what are imperials? Ah yes you confuse yourself, what are you thinking about that at that moment??? Big bang has to understand the strengths within. yes, use the black hole, it s pipe to go behind the map to the real nature of what is going to be called universe, a shortcut to this board game I am planning to create, the rules I am planning to bend. 

 Here Big bang is reflecting on his own, he feels lucky, what are feeling? He doesn't know, he doesn't care. He can see the infinite rolling out in front of himself; he will create the map in which he will be

---

⬅️ Extrait précédent | Extrait suivant ➡️

🔖 Labels : MBA Magic Bible of Arts, Magic Bible Arts – Extrait 8