Helping new Managers Focus their Enthusiasm.

New managers are excited about their jobs and are many times willing to do what it takes to succeed. The problem is that in their mad dash to fulfill the obligations of their positions they end up being counterproductive to the goals of the organization. By helping managers understand their basic responsibilities, and the importance of these responsibilities, they will better able to stay on task and improve their organization value.

We all want to feel as though we are accomplished individuals and often push to complete as much work as we can. In this process of getting it all done in a short time frame we end up going down all different paths that don't help us in the long run. We waste time and this impacts how we are viewed as a manager.

The first step in any new business is to understand that position before moving onto new and unique tasks that raise our status. If we don't really understand the position or what the expectations are we might be spending time in unrelated tasks and with continuous misalignment making ourselves seem less valuable to the organization.

Secondly, once you understand the expectations and have mastered your position you will then want to ensure that your pet projects really have value. The last thing you want to do is waste a lot of time and effort on things that don't add value and could be counterproductive to the success of your new position.

Finally, it is wise to see the difference between the forest and trees. Many managers are task oriented and complete task after task without spending enough time on the quality of their outputs. Move beyond task orientation to the successful completion of your project. Few will remember whether it took you two days or two weeks if it is a pet project. Make sure you give yourself enough time to have a solid end product that "wows" your bosses.

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Tax Inversion Rules and their Impact on the San Diego Economy

President Obama's administration recently proposed tax inversion rules that are designed to limit corporate reincorporation overseas in order to avoid paying American taxes. The debate is whether they will work and could it impact San Diego investments. The short answer is the impact on San Diego will be small but the long-term consequences of not fixing the tax system itself can have a much bigger impact on local investment.

I read an article in the Union-Tribune where different experts gave their opinions. They seem to be split on the topic where some feel it will not have much of an impact and others feel that the consequences will be greater. Some excellent points about loopholes, rates, and accounting games were brought forward.

I think it is first beneficial to define what a tax inversion is. Companies that seek to avoid paying high U.S. tax rates make their main operations a subsidiary of new parent company overseas. The majority of the businesses are U.S. based, but on paper it looks like the companies reside in obscure places like Cayman Islands or Luxembourg.

You might consider the Ten Best Tax Havens  where taxes are low and the governments are willing to draw American companies.

The tax inversion rules are unlikely to make a big change to the San Diego economy in the short-run. A few companies may end up avoiding incorporation overseas but ultimately will learn ways to adapt to this legislation. It is difficult for the government to keep up with and police this type of activity effectively over a sustained period of time.

The bigger problem is the tax system itself. We must ask ourselves why companies find it so lucrative to incorporate overseas. New rules can be helpful but don't solve the fundamental problems associated with motivation. Some companies will comply, others won't, while many will do so until their accountants find a new methods of tax avoidance.

Over-hauling the tax system so that America competes in a global environment, doesn't damage businesses for investing locally. and encourages hiring is a better solution. We haven't done this yet because the options are filled with political landmines. Legislation is helpful but only temporary.....the real problem lies in the complexity and costs of our current tax structures.

5th Global Business and Finance Research Conference

5th Global Business and Finance Research Conference

Date: 2 – 3 June 2016

Venue: Novotel Hotel Sydney Central, Sydney, Australia

Submission Deadline: 29 April, 2016

Registration Deadline: 20 May, 2016

Email: arcafepap@gmail.com

Website: www.respapers.org

The above 2-day annual international gathering intends to bring together academics and researchers from all over the world to exchange and share their knowledge, experiences and research results about all broad areas of Accounting, Banking, Finance, Economics, Management and Marketing, Business Law, Business Ethics, Business Educations and e-business. This conference is organised by Australian Research Centre for Accounting, Finance and Economics (ARCAFE), Australia and sponsored by Journal of Business and Policy Research, International Review of Business Research Papers, World Journal of Management, Global Review of Accounting and Finance and Global Economics and Finance Journal which are ranked by Australian Business Dean Council (ABDC), ERA of Australian Research Council plus Ulrichs of USA. Indexation of these journals by Cabells, Scopus and ISI are in the process.

Submission Process, Guidelines and Notification of Acceptance:

Please submit full papers and/or abstracts by 29 April 2016 (please note you can submit papers anytime before this deadline). To submit paper, please email the paper directly to email address arcafepap@gmail.com including paper title, author(s) and affiliation(s). You can submit full paper or abstract which will be anonymously reviewed. The notice relating to acceptance of abstract and/or full paper will be provided within 2 weeks after we receive them.

Please see the submission guidelines on the website and Sample Paper for more information on how to submit your paper. You are also welcome to volunteer to participate as discussants, session chairs, reviewers and members of the program committee.

Conference Proceedings, Best Paper Awards and Publication Opportunity:

There are many benefits you can enjoy if you attend this conference:
- Publication of abstract or full paper, for registered delegates, in refereed conference proceedings (online) on dedicated website namely www.wbiworldconpro.com which also contains proceedings of our previous conferences. In addition, proceedings will be linked to Google Scholar.
- Publication opportunity in the above 5 ranked journals subject to compliance to review report, editorial comments, conference feedback and payment of applicable subscription fees.
- Best Paper Award announced from a block of 15 papers in each track and will be published in any of the above journals and a certificate will be issued to the winners. Winners will also receive Associate or Full Fellowship of the ARCAFE
- Attendance Certificates, break-foods and buffet lunch for 2 days and Conference Dinner (optional)
Important Deadlines:

Submission Deadline: 29 April, 2016
Registration Deadline: 20 May, 2016
Review Outcome: Within 2 weeks after receipt of paper
Last Day to Send Full Papers: 20 May 2016

Further Information:

Please click on the links provided on www.respapers.org for more information.

The Impact of Large Corporations and Legislation

According to a report by the Council of Economic Ad-visors issued a report stating that large corporations and heavily legislation are damaging the American economy. The tide has turned away from American entrepreneurs and into the hands of big companies and institutional investors. Revitalizing America's competitive nature may require removing legislation that hinders small business by revamping our political structure.

Consider the difficulties the small business owner now faces trying to open up a mom and pop shop. There is a maze of rules and regulations that are making nearly impossible for people to make a living outside of working for another company. Would be entreprenuers are now being funneled into large companies and this is having an impact on innovation.

Small companies adapt quickly and large companies find new innovative ideas by buying and using these ideas. In the present market, small businesses are suffering to start and survive; most fail in the first few years. Innovation is being wasted as the entrepreneurial spirit moves away from the dream of business ownership to corporate desk jockey.

Legislation can make changes to ensure small businesses can survive and revitalize our economy. As many of our Midwestern cities are dying there lays dormant an untapped source of rejuvenation. Removing red tape and encouraging reinvestment in neighborhoods and downtown helps to redevelop these cities.

The problem is that the legislative structure is both aggressive and funneled toward large contributions. Many of our government officials find themselves cushy jobs in the very same people who are supporting their campaigns. As long as they hold the line on their positions they are very well taken care of when they move on from their government positions. This report shows us that there are problems with this approach as regulation stifles new business in favor of protecting large companies. Government can balance the needs of both to create a stronger economy where all businesses sizes can succeed.

Managing to Your Strengths and Weaknesses

Managers sometimes suffer from poor performance due a lack of understanding as it relates to their own personal strengths and weaknesses. They fail to develop awareness of their attributes and how it impact their success. Helping managers understand where their strong points and weak points reside will help them devise strategies that encourages higher performance levels.

Throughout the years of working life you should become increasingly aware of yourself each and everyday. Personal attributes become apparent through trial and error. As you tackle daily problems and manage your staff you should develop a personal plan of performance that allows you to get the greatest outputs. To reach your peak performance requires tapping your personal strengths and weaknesses.

Understand your personal strengths. Manage from your personal strengths and seek to maximize your management skills through those strengths. If you are strong at communication then use that as a cornerstone of your management technique. If you are a great planner ensure that you incorporate that into your management processes.

Know and hedge your weaknesses. Even the most competent people have weaknesses. Sometimes these may be in time management, communication, or any self-development arena. Once you found your weaknesses you can put together a plan that improves these areas as well as hedge them by finding additional support.

Lets pretend you have a deadline and need to get your staff coordinated in order to meet the challenge successfully. Through self-reflection and feedback you found that you are a great communicator and a strong planner. Unfortunately you are poor at details and fine tuning the final product.

What are you going to do?

If you learned from your past you will meet with your staff and use your communication and planning abilities to inform everyone of their specific roles and guide them  to completion. You should hedge your weakness in detail management by getting someone with those skills to review the final product before it is sent in for completion.

How did this help?

You have now maximized your communication and planning abilities to get the project moving in the right direction. You found someone who can help you with your weaknesses. Furthermore, you have developed a process to manage future projects until you have picked up some detail skills. Because your management outputs increased there is a higher likelihood that as you apply this process you will raise your value within the organization and receive greater promotion abilities.

Supporting Teaching as a Tenure Track

Teaching is a method of applying knowledge to create brighter minds while research strikes at generating new knowledge. Research raises the credibility and quality of the university and often receives a heavy focus by administrators. Although beneficial it sometimes skews the efforts of faculty by putting the carrots in the wrong place. Strengthening teaching as a track to tenure is important for advancing important societal topics.

Faculty that seek to reach tenure are evaluated on faculty-teaching, research and service. The higher education system encourages research and publishing in its evaluation of tenure and sometimes inadvertently punishes those who seek a teaching track. The focus may need to be realigned around a core mission.

Teaching is an important part of success and a major function of higher education. According to Boyer's Model of Scholarship it is beneficial to advance the scholarship of learning. Ensuring new research findings are incorporated into the classroom helps students receive up-to-date knowledge.

Tenure is designed so that academics can discuss difficult and controversial topics without the fear of being dismissed. Most faculty never make tenure and fail to have their contracts renewed. The up and out system may not be doing much for improving the teaching-learning paradigm.

Discussing controversial topics is an important function of opening people's minds and raising their critical thinking skills. Without protecting those freedom of speech issues we are not going to advance as a society. It can be difficult to talk about controversial topics such as race relations, religion, law enforcement, sexual orientation, etc... without needed protections.

Students need faculty that can tackle tough issues and support the development of better educational processes through classroom experimentation. Supporting the teaching track, especially at teaching-oriented universities, is helpful in raising the quality of awareness and knowledge our students have. If higher education isn't in the business of teaching-learning then we may need to change a few things.

You might want to read about The Truth about Tenure in Higher Education from the National Education Association.

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MBAcademy International Business Conference

MBAcademy International Business Conference
July, 8-10, 2016
Venue: Brunel University London

Dear Colleagues,

This is the call for papers for the MBAcademy International Business Conference, Venue: Brunel University London on 8-10 July, 2016.

The Management and Business Academy (MBAcademy) is delighted to welcome you to International Business Conference part of Management and Business Academy philosophy and commitment to academia. The aim of MBAcademy is to bring together both academic and professional researchers, scholars and students to exchange and share their research results about all aspects of Business, Management and Marketing. In order to support and encourage interdisciplinary engagement, it is our intention to create the possibility of starting dialogues between the parallel events running during this conference. Delegates are welcome to attend up to two sessions in each of the concurrent conferences. We also propose to produce cross-over sessions between these groups.

Important dates
Submission of abstracts for review: June 15, 2016
Notification of abstract acceptance: June 20, 2016
Submission of complete/full papers for Publication: June 20, 2016
Early registration: June 20, 2016
Final registration: July 1, 2016
Conceiving and finalizing the Conference program: June 25, 2016
Conference sessions: July 8-10, 2016

All full paper submissions are subject to a double blind peer review process. Accepted submissions will be published in Organisational Studies and Innovation Review (E-ISSN:2056-2256 and P-ISSN: 2059-2264) as one volume which will be available both online on conference website after one month of conference and limited hard copy during the conference on 8-10 of July to purchase. Papers should not be more than 3000 words (including all tables and bibliography). Please send your full paper to conference@mbacademy.org.uk

Selected papers will be asked to be developed in order to be published in the JOSI (Journal of Organisational Studies and Innovation); JOSI is a double blind peer reviewed journal which publishes high quality articles, research papers, conceptual papers and case studies. If your paper is being selected for publication in our JOSI you would be asked to review your paper and submit the final version restricted to the word limit of 6000 (excluding tables, figures and bibliography) by 25th of July 2016 to journal@mbacademy.org.uk. There is no publication fee involved if the authors are fully registered for the conference.

Journal of Organisational Studies and Innovation is listed in the following academic databases and indexes: Thomson Reuters (ESCI) and Web of Science, EBSCO Host, International Scientific Indexing, General Impact Factor (0.4326), SIS, DAIJ, ASI, DRJI.

Call for paper is available at

For further details and news, please visit http://www.mbacademy.org.uk/ or follow us on https://www.facebook.com/MBAcadem.