Tuesday, April 21, 2015

Intuition and Scientific Advancement Among the Gifted Population



Giftedness is a trait that comes with high intensity, motivation, love of learning and emotional sensitivities that make a person highly functional in the environment. Many countries have gifted enrichment programs to ensure that such individuals can fully contribute to the development of society. The U.S. has not fully developed their programs. Understanding the power of giftedness and their intuition that leads to career success is important in fostering their abilities for the benefit of everyone. 

Science has moved beyond the definition of giftedness and is working on better ways to select and categories giftedness for better development (Porath, 2013). Intuition is one of those gifted traits that lead to higher mastery of the environment and scientific innovation through perceiving differences within the environment. That perception matched with the rigor of scientific logic encourages new discoveries.

Intuition can be extremely powerful and can culminate in all types of useful conclusions that would have taken years with the normal investigative process.  Intuition is seen as a cognitive style that has been described as the “sixth sense” where the unconscious recognizes patterns and solutions to those patterns before the conscious mind is aware (Pearson, 2013). Such processes can be used to make accurate decisions and investigated for clarity afterwards. 

Intuition is so powerful it can do things science cannot yet explain fully. For example, intuition can lead to health choices that put cancer in remission, picking a better deck of cards for better results, and selecting items behind screens without seeing anything that would tip a person off. According to Dr. Turner book Radical Remission the body picks up on environmental cues unconsciously and makes conclusions that manifest themselves in physiological responses (Turner, 2014). 

Gifted individuals have powerful senses of intuition and logic that can lead them to unique AND innovative methods of solving problems.  According to studies on highly intelligent and creative people, gifted individuals often display a preference for either rationality or intuition (Karwowski, 2008). The style they rely on will impact how they understand and approach their world. 

Intuition among the gifted is an interesting and often unexplored trait where their biological and psychological preference matches to create unique powers of understanding and reasoning. The same skill that allows them to find new discoveries in their respective fields also leaves many unable to follow their train of thought. Gifted individuals are considered relatively rare among the population and ensuring they have the social, legal, and intellectual support/protection is important for advancing society. 

Karwowski, M. (2008). Giftedness and Intuition. Gifted and Talented International, 23 (1).
Pearson, H. (2013). Science and intuition: do both have a place in clinical decision making? British Journal of Nursing, 22 (4). 

Porath, M. (2013). The gifted personality: what are we searching for and why? Talent Development & Excellence, 5 (2). 

Turner, K. (2014). The science behind intuition. Psychology Today. Retrieved https://www.psychologytoday.com/blog/radical-remission/201405/the-science-behind-intuition

Monday, April 20, 2015

Middle Class Anxiety? A Factor of Employment and Savings



The middle class is the backbone of American society. It is a large slice of American pie that builds our cars, delivers our products, and sells us our next gadget. Like other classes, the middle class has their own concerns and fears over employment opportunities and the ability to put money away for the future.  Helping them transition to the new economy can go a long way in saving people from pending grief.

According to a Pew survey 47% feel they are solidly middle class, 11% upper middle class, and 29% lower middle class (As cited in Novak, 2015). Only 1% considers themselves upper class while 10% viewed themselves lower class. Entry into middle class is still an important part of the American dream and forms our class consciousness.

Without doubt the world is changing and jobs will change with it. A person in the middle class, earns around 30K to 100K per year based upon the state, obtains a college degree or trade certificate and can normally find gainful employment. They may run into a few hiccups here and there as they transition from one job to the next but still expect to support their families. 

The problem is that the economy is transitioning and some of the jobs are being phased out while others are growing. This means that occupational choices made a decade ago may not be relevant in the next decade. Training and education is one option in helping middle class workers find new occupations when job prospects dwindle. 

If this is the only problem then people should be jumping for joy as a training course, a college degree, or attending a few seminars should do the trick. Middle class people also have other challenges that include declining employment opportunities and high debt loads that make them less nimble for change. It can be difficult to make a transition when people are living paycheck-to-paycheck. 

 Middle class spending power is declining but pressure to buy more and do more with less is rising. Food, shopping and entertainment take an increasingly larger percentage of middle class and upper class disposable income creating a problem with savings (Marte, 2015). With less money in the bank the risks to catastrophic change rises creating higher levels of stress for families.

Helping people move from declining occupations to growing occupations where they can earn a bigger paycheck is important. Likewise, helping families with financial options that leads to a brighter future is beneficial for reducing long-term stress. The middle class is an important part of the American dream but they may need some help from time-to-time to make transitions when the economy changes. 

Marte, J. (2015). Some in upper-middle class also struggle to save. Dispatch. Retrieved http://www.dispatch.com/content/stories/business/2015/04/19/01-some-in-upper-middle-class-also-struggle-to-save.html

Novak, M. (2015). 87 percent of Americans call themselves some version of 'middle class'. Gismodo. Retrieved http://factually.gizmodo.com/87-percent-of-americans-call-themselves-some-version-of-1697524227

E-Learning and the New World of Warfare



The world of warfare is changing and is more technology driven than at any point in history. The pitched battles between two large armies in standard WWI and WWII trench style combat no longer exist in the same form. Today’s military will either take the form of highly professional, technology-driven, adaptable units or low technology, low professional, socially networked adaptable units. Professional units are incorporating more e-learning to ensure their soldiers are up to speed with modern technology and knowledge requirements. 

A paper in the eLearning & Software for Education Journal describes the modern battlefield and the need for additional e-learning (Eparu, & Atanasiu, 2014). The battlefield of 2015-2025 will be tridimensional, transparent, technology driven, dynamic pulsing, multi-directional, cybernetic, digitized, integrated, and multinational.  Technology to handle change, communication, and run robotics will put pressure on traditional militaries to change. 

This means that higher skill levels are needed among current military members. They will integrate their actions more with digital technology and robotic systems working seamlessly on the field. The days of digging trenches and following simple commands are slowly disappearing to more adaptable systems where soldiers can work collaboratively and independently to achieve objectives. 

To work independently requires the ability to learn at new levels and continue to incorporate new knowledge for self-improvement that impacts the entire unit. This is expensive for militaries that seek to run the process over and over on new recruits in an effort to make them ready for battle. E-learning affords the opportunity to keep those costs affordable and keep soldiers learning from any place in the world. 

The process may include basic training, occupational schooling, and weapons training but will also require higher forms of knowledge-based learning. E-learning affords the opportunity to remotely train using forums, support networks, simulation games, decision making software, and much more. Our next generation of soldiers will rely heavily on e-learning after their initial training has been successfully integrated. 

Eparu, D. & Atanasiu, M. (2014). New training requirements for a successful military action. eLearning & Software for Education, 3.

Sunday, April 19, 2015

San Diego Attracts Investment Capital. Could more be Done?



Investment is the lifeblood of our economy that provides nourishment for our cities. Without investment we don’t grow, business doesn’t expand and people don’t get hired. Everything comes to a standstill and in and good fortune ceases. Cities like Los Angeles, San Francisco and San Diego are attracting investments to their unique industry clusters.  Letting the world know what San Diego has to offer in terms of investment opportunities can be a catalyst to greater growth.

Nationally, the last quarter experienced $13.4 billion dollars in investments and about a third of that took place in San Francisco, Los Angeles and Orange County (as cited in Somerville, 2015).  According to the Venture Capital Association and Price WaterhousCoopers a total of 19 San Diego companies received around $270 in late stage venture capital funds (Money Tree, 2015). Not the largest share but certainly a sizable one.

Much of the money comes from large institutional investors that are looking for solid growth opportunities. Of these large investment opportunities around 36% were from hedge funds and mutual funds (As cited in Somerville, 2015).  There is still plenty of room to draw new investments from international investors that are also seeking high probably income outcomes. 

Companies invest in late stage start-ups because they can reduce their risks. Another option is to invest in a basket of companies to hedge the potential of loss on any one entity. The problem is that without knowledge of local investment opportunities investors are unlikely to fulfill to help businesses reach their full potential.  

Ensuring that emerging companies are easy to find and the proper mechanisms for investment are available will help further international investment in San Diego. Ensuring information is on public display via websites, is easily accessible from outsiders and targeted to both small and large investment entities helps to keep new industries budding and growing in a way that encourages local economic development.  
 

Freeman, M. (April 17th, 2015). San Diego start-ups net more venture capital. UT San Diego. http://www.utsandiego.com/news/2015/apr/17/MoneyTree-Dow-Jones-VentureSource-ATyr-pharma/

Somerville, H. (2013). Tech companies continue to land mega VC deals. San Jose Mercury News. Retrieved http://www.mercurynews.com/business/ci_27932457/tech-companies-continue-land-mega-vc-deals

The Money Tree. Retrieved April 18th, 2015 from https://www.pwcmoneytree.com/

Friday, April 17, 2015

The Powers of Flowers: Stress, Image, and Brain Improvements

Flowers are drawn with nature's artistic hand across a landscape canvas. With bright colors flowers offer something more than a beautiful landscape but a tantalizing feast for our eyes and food for our soul. There is something inherent in flowers that brighten our day and help us think about how beautiful the wild can really be.

Flowers are a powerful representation of emotion and beauty. They are so powerful that those who hold onto a bunch of flowers seem to have a positive aura about them. Consider a study of male and female hitchhikers holding onto flowers. Men holding flowers got a ride by both sexes more than either women with or without flowers (Gueguen, Meineri & Stefan, 2012).

Flowers seem to make us more approachable and provide a trait of aesthetic appreciation. Those that can find beauty in this world seem to carry with them traits that include empathy, kindness, and sensitivity. There is no doubt why artists, poets, and painters love flowers.

It is also beneficial to consider the stress and brain enhancements that come with flowers. According to research people who take a stroll in nature have higher brain functioning and lower levels of stress (As cited in Green, 2011). The same applies to those who look at pictures of flowers and destress from all of the days worries.

With all the benefits of flowers I am concerned that more people don't find them of interest. Putting a few pictures on your office or home wall will certainly allow for a more artistic feel to spruce up your environment while reducing stress levels. Go for a walk if you can or put some pictures of flowers on your office wall.

I engage in some hobby artistic photography and painting as one way to keep in touch with and study nature. The imagination this work entails offers cognitive flexibility and innovative creativity hard to find in other activities. If you are interested in purchasing a picture you may do so on the Creative Works page or you may buy related products like mugs or cell phone cases on Fine Art America.

Creative Works

Fine Art America





Gueguen, N. Meineri, Sebastien, Stefan, J. (2012).  "Say it with Flowers"...to Female Drivers: Hitchhikers Holding Flowers and Driver Behavior. North American Journal of Psychology, 14 (3).

Green, J. (2011). Research Shows Nature Helps With Stress. Dirt. Retrieved http://dirt.asla.org/2011/09/08/research-shows-nature-helps-with-stress/

The Effects of Accounting Practices on Derivative Based Earnings Volatility

Accounting practices can have a large impact on risk management. Understanding hedging and derivatives volatility is important for corporate investors and banks that want to reduce risks and meet investor expectations.

Because derivatives and hedging can cause calamity for banks, businesses, and societal stakeholders they make a solid subject for research. A study by Dr. Drakopoulou extended prior research on corporate risk management activities of BHCs and may effect social change by presenting new evidence on the effects of SFAS 133 economic hedges on earnings volatility.

Abstract:

The goal of this research was to investigate the controversy surrounding the inability of Statement of Financial Accounting Standard No. 133 (SFAS 133), Accounting for Derivative Instruments and Hedging Activities to portray the economics of hedging. This research examined whether or not the possibility of increased volatility evolved from economic hedges that do not qualify for hedge accounting under SFAS 133 prompted Bank Holding Companies (BHCs) to adjust their corporate risk management strategy to one that is more accounting responsive. Based on the results of this research, BHCs' which increased the level of accounting hedges and decreased the level of economic hedges experienced a significant decrease in earnings volatility relative to pre-SFAS 133. The findings suggest that BHCs' ability to reduce earnings volatility and increase earnings smoothing to meet analysts' expectations after the 2008 amendment of SFAS 133 has an adverse impact on BHCs' continual use of economic hedges. Analysts and investors are recommended to evaluate further BHCs' risk strategies to gain a better representation of their risk paradigm with derivatives. This study extends prior research on corporate risk management activities of BHCs and contributes to social change by presenting new affirmation to investors of the influence of SFAS 133 economic hedges on earnings volatility.

You may download the full paper HERE.

Trust? Trusting the Internet Collective over Individuals and Institutions

A new generation of people have been raised in an environment where the fundamentals of trust
between individuals and institutions are breaking down. Despite this downward trend people seem to trust the collective opinions of others on the Internet and use this information to make personal choices in their lives. The trust factor may be eroding but it isn't too late for people to consider its what this means for business and society.

A general survey conducted by NORC at the University of Chicago and analyzed in the Washington Post offers some interesting data on whether people can be trusted (Badger, 2015).  Since 1979 the idea of  "You Can't be Too Careful" has move from approximately 49% to around 68% while the idea of "Most People Can be Trusted" moved from approximately 45% to approximately 30%.

People trust other people  and institutions less than they did in the past. They are skeptical of the motives of others and don't believe that people act in manners that are beneficial to others. A type of selfish skepticism makes its way into the 18-24 year old population that reflects the reality of their lives and how they view the world. For them...everything is in transition.

It is hard to blame them. Considering the partisan nature of politics, scandals in the VA, the rise of identity theft,  broken homes , inability to rise through the ranks, aggressive police, poor government policies and cost of living the young Generation Y is feeling what has been a natural part of the lives of Generation X. They are only recently seeing a world where recession doesn't sit over their futures like a dark cloud hampering their hopes for the future.

This doesn't mean that they don't trust anyone. They have embraced technology, Internet, and their own value systems as a default method of navigating their lives. They trust the collective response of people who use products, rate them, and leave comments. They diligently scan over forums and purchasing outlets like Amazon to determine if their next purchase will be worthwhile.

For example, a person looking for a restaurant to eat at may search online for their particular taste. They could look for spicy Thia, seafood, etc... within a 5 mile radius of their home. Furthermore, they can see the price, menu, comments, and overall ranking of the establishment. The next click on their search criteria could include a cross reference of locality and ranking.

It makes sense doesn't it? You want something to eat or buy a product so you tern to product review. You have certain criteria and search out that criteria based upon the tens, hundreds, or thousands of people who had something to say about it. If you are going to eat somewhere or buy a product then it make sense to do that to the ones that are ranked highly.

 For society this means that trust in not a given and must be earned. People will rate and rank the services based upon their personal experience and this will impact how many people will use that service in the future. As people offer their collective input they will naturally be able to improve, break, or discard services.  It doesn't make much difference if it is a company, product, or a government office as opinions have a way of self-confirming.

As the world globalizes the product and service evaluations could be from anywhere. The opinions and how people evaluate products/services can be from any locality in the world and will form a collective international identity. The more people act and interact with other from around the world the more likely they will share similarities of perspective. Companies will not only need to look at their products from a local perspective but also an international perspective.

Businesses and institutions will need to concern themselves with these ranking systems and make amends to service failures. There have been numerous instances of conflicts between companies and customers based upon these rankings. Ultimately, it will be the collective impression of the masses that win out. Companies will need to improve upon their offerings and create greater competitiveness in their ranks to woo over the masses.

Badger, E. (April 16, 2015). Who millennials trust, and don’t trust, is driving the new economy. Washington Post. Retrieved http://www.washingtonpost.com/blogs/wonkblog/wp/2015/04/16/who-millennials-trust-and-dont-trust-is-driving-the-new-economy/