Tuesday, August 11, 2020
CP19 Talking with Avi Cavale from Shippable about Entrepreneurship Shipping Code Faster
CP19 Talking with Avi Cavale from Shippable about Entrepreneurship Shipping Code Faster INTRODUCTIONMartin: Hi folks out there! If you are interested in starting a company or you are a developer and really working on your next product, this podcast interview is for you. Today we have Avi with us. Hey Avi, who are you and what do you do?Avi: Hi Martin, this is Avi Cavale, I am a co-founder and CEO of Shippable we are a continuous delivery pipeline company for containers.Martin: Great! When did you start this company and what did you do before?Avi: Shippable, the genesis was around late 2012, physically incorporated and everything in 2013, early 2013, February. Itâs been about 3 ½ years so far. Before that I worked at Microsoft and briefly at Amazon and I was there at Amazon for over 11+ years, worked on xBox, Office 365, Azure and Kinect, the xBox live products.Martin: How do you go from gaming to shipping code?Avi: I mean, as recently said that Software is eating the world and pretty much everything is software. And even though we were at gaming side of the company, thatâs what the consumers saw, but behind it, it was all pure software technology. While I was doing that, I was managing about roughly 150+ organizations across 3 different countries (China, India and the US) and at the end of Kinect when I was going through my review process with my boss, I realized that over 50% of my entire organization spent their time on none feature work. I mean they were doing all sorts of plumbing, deployment, code auto-pilot, code all sorts of things. And thatâs kind of as you look at it we worked on Kinect for 2 years, 150+ people, thatâs almost 150 person-years being wasted on things that should have been actually big new platform. And thatâs basically what our motivation was.We said: Hey, every single group inside Microsoft is doing this and imagine every single company in the world. What it should be is more available as a platform where developers are using it to build features as opposed to kind of building the plumbing work for deploying th e features that they have built. And thatâs basically what Shippable was.Martin: Cool. Avi, what was the next step? So you left the company and then what happened?Avi: I left the company and I had never done a startup. Biggest thing was I left it in a very impulsive way because I was so excited that this is a problem that I could go solve.I think for about 3 weeks, I was kind of⦠I mean I left in late 2011 saying that I want to go do this company, and I meandered around for about 3 or 4 weeks. I realized that I just didnât have the skills to do this at all especially founding a company.Martin: Why?Avi: And let alone do it alone. I mean thatâs the biggest mistake I did was, I said: I am going to do this alone.And then I said: Okay fine, I am going to go⦠I kind of parked my idea a little bit and I said: Okay, let me go work on some modern technology. And I started working on a company which was working with Cloud Foundry, and I learnt all about how startups work, how actual ly this thing goes on, and thatâs basically, I kind of trained myself on the job for about 10 months, always knowing that I will eventually get back to this idea that I was going to go do a company about.Martin: And how did Cloud Foundry prepare you for the entrepreneur route?Avi: I think the biggest thing that happened was, at Microsoft, being in kind of like somewhat of a leadership role, you donât realize how easy it is to get meetings, and so you lose the hustle of your life, and things happen very easily because of the background and the brand that Microsoft has.When you start trying to do it on your own as a company, itâs impossible, I mean you have to really hustle to get these meetings and get these people to help you out. And what Cloud Foundry, this startup that was working with Cloud Foundry did was kind of make me get used to that kind of mode as opposed to sending an email to a company and say: Hey, I want to talk to you for half an hour, and I would get that meet ing set up because of just the fact that I was working at Microsoft.Martin: Good. So once you have acquired some kind of knowledge from Cloud Foundry, what did you work on then? And did you find a co-founder?Avi: Yes, I mean the other thing I did was I realized what my limitations were, and then I started finding folks who would counter balance the limitations that I had.One was I was purely a techie person; I needed somebody who has a little bit more of a business background. We are still a very technical company so they need to be still technical, but they need to have more business exposure than I did.The second thing was, even the temperament. I mean I kind of think in big vision, kind of goal setting views, whereas you also need to have someone who brings you back to the ground and gets some execution plan to get towards that big goal that you have. And so I think Manisha was kind of my obvious choice. I convinced her that she should quit Microsoft and do this. She quited Micro soft in late 2012 and we started Shippable in 2013 in February.Martin: Did you know Manisha before and why do you think she qualified for a co-founder role?Avi: She had worked with me at Microsoft back when I was with Office 365 and that is where I had interacted with her. She was part of a team that my team actually worked with.There were 2 things: one was that she was super smart and I knew that with all my interaction at Microsoft. The second things was she was very practical in how she thought about things and I was kind of the big vision that she was a very practical person and I thought that thatâs the right mix that I needed. And of course she had an MBA degree from Berkeley which made it even more easier for me to say she has to be the person who is the co-founder.Martin: Great. So now you have assembled the 2 of you and starting out building on the product version I guess, so what was the next step then? So did you work on the product or did you try to acquire some kind o f beta customers or did you already talk to investors? How was it like?Avi: So I think we kind of did a few things. I mean one thing that she kind of said is: Weâve got to have some kind of a framework of how we are going to go about doing this. I mean I wasnât too keen on having this big MBA like frameworks but I wanted something that offers structure.So what we did is, we started looking at accelerators and we filled out their application forms. And we didnât want to apply to any accelerator, we just wanted to fill out the application form because some of these accelerator application forms really make you think about what your business is. And thatâs what happened.So we started off with Y Combinator and we filled out their whole application form and then we also accidentally got in touch with a few folks from Techstars and this was due to some random events that happened. And then, I mean I would say we were lucky meeting the managing director of Techstars. And then we en ded up taking Techstars as an accelerator.And by that time, we had kind of built a prototype just to prove the technology can be done. And we knew that the customer problem existed, but we hadnât done any formal customer development and those kinds of things. And at Techstars, when we went to the program, they had a lot more structure on how we go about doing it and it helped quite a bit in terms of how we did the rest of the company.Martin: Okay. How did you go about the customer development, once you have been into this Techstar program or afterwards?Avi: I mean it was hard for us to accept that customer development was very critical.Martin: Especially as a techie, right?Avi: Yes, I mean we thought we knew more. And actually in retrospect if I go and look back that was probably the best thing that we ever did at Techstars. Andy Stark who was the managing director of Techstars Seattle at that time, he almost had a stick for us to say: You have got to do customer development.The e asy thing for us was that finding developers in Seattle was not very difficult. And so what we used to do is we used to go out in downtown Seattle where Amazon was, there are all kinds of food trucks where people are standing in line for food during lunch, and we would just ask them saying: Hey, Iâll buy you a soda if you answer a few questions. They were all techie, so we could easily get 50-70 interviews a day done in relatively like an hour and a half over time, which was kind of unfair for the rest of the companies in Techstars because our customer base was a developer and we could find them so easily.Martin: What did you ask them?Avi: I think Andyâs guidance on customer development was you can never tell them what you are building, and you have to somehow ask them questions which donât tell them what you are building. If they donât answer the core fundamental value proposition that your product does as their main problem, then your product will not actually sell. I mea n that was kind of the philosophy.So all our questions were all about behavior; what do you guys do on a daily basis? What is the one thing that you would want to do less? So itâs more of open ended, trying to drag out what they really are doing and trying to see whether our value proposition actually stick in terms of what the pain point or what we are really trying to solve with our product.Martin: Okay cool.BUSINESS MODEL OF SHIPPABLEMartin: Avi, letâs talk a little bit more about your company Shippable. Can you briefly explain how the business models work? You briefly touched on this, so what are the customer segments? How are you making money, and what type of value proposition are you offering those people?Avi: I think the basic idea is that our product is a premium model, so itâs like so as like pretty much everything thatâs done in these days. You have a basic value proposition which solves some problems for maybe an individual or a small team like 3 or 4 people, and then the moment they grow beyond that, then you need to start buying in order to actually get them to start becoming a paying customer. I mean thatâs basically the get up model that is basically pretty much a lot of these online services model. Thatâs how our basic fundamental, what we call as demand generation.And then with that what happens is, you donât have to do traditional enterprise sales. So you get a lot of people getting ground up, and then eventually they will get to some size at that point they become a sales qualified lead to us, and we kind of sell them a more of an enterprise kind of product on top of it. That is basically the evolution.So you come in as freemium; you become a paying SaaS customer and eventually, you will end up buying it for your department or maybe for your organization within your enterprise. I mean thatâs kind of how the business model works.Martin: What makes Shippable unique in the market place? Because I mean you need to think, I guess your co-founder as well because she is having an MBA, what are the competitive advantages over your competitors?Avi: I think the most important thing is it is about efficiency, right. Itâs like if you really look at it in todayâs world, every single company has to out innovate the competition. And thatâs basically the only way you can actually survive. Otherwise your features are going to get copied very quickly and you lose out on the differentiation. So thatâs a platform that every single company thatâs out there needs, I mean, if you kind of look at any mobile app kind of a company or anything, they have to constantly keep adding features that makes them more valuable and have more unique features than their competition.So we are a very interesting product. I mean our product actually helps other customers to do this. So what we do is, we use the same platform to build Shippable. So what we are doing is, we are helping engineering organizations to become more efficient . In other words, we call it ship code faster kind of qualifying it a little bit more, its ship quality code faster and repeatedly, and that basically is continuous innovation. Thatâs what our product does. Hence, and the best thing for us is we are the number 1 customer for this product because we are trying to out run everybody.So if you go and look at the last 3 months, we have added over 25 different features that none of our competition has even added even less than 5. Thatâs basically what makes our product more complete and we are constantly innovating using our own platform to kind of help other customers innovate faster on their whatever product that they are working on.So that is basically the uniqueness, so it is a continuously evolving platform that helps developers become more efficient to build software.Martin: Okay, cool.ENTREPRENEURIAL ADVICE FROM AVI CAVALEMartin: Over this 4 â" 5 years, what have been the major learnings and mistakes that you have seen or done yourself which you can share with our people interested in starting their own company?Avi: I think some of the mistakes are like very specific to our business, I mean our customer base, our developers. So a lot of mistakes that we did around that was not listening to developers closely enough and so they were asking for something and we were trying to build something else. So that was one mistake that we did, 12-18 months ago. And in the last 6 months we have been super focused on our developers and our customers, that has really changed how we actually are perceived by our customers. I mean thatâs one thing that we never want to do; is alienate your customer base.Even though you might think this is the right way to do it, you have to always have your pulse on your customer base, that is one thing that we did about 12 months ago, the wrong thing we did. Since then, we have post corrected and we have become a completely customer centric company at this point of time.Martin: Was th ere a key even where you said to yourself: Oh wow, we are really missing a point here, we need to change?Avi: I think what happened was 2 things. One was that we ended up opening up our customer support queue completely to the public. It was a decision because internally I had to change the culture of the company, and what ended up happening is the moment we opened up, kind of airing your dirty laundry out first, I think thatâs the first thing that we did. And that was a very risky thing to do because it pretty much told our competition what the problems we had were. And so the moment that happened a whole bunch of customers started actually commenting, cross commenting on it because now everything was open and that internally changed our entire teams mind set. So that was a turning point that basically said: I mean I know everybody has dirty laundry, but we want to keep them as clean as possible as quickly as possible. So suddenly everything became customer centric as opposed to hey we will address it when we get some time, that attitude changed, I mean thatâs basically what happened from inside the company.Martin: And did you use a tool for this?Avi: I mean we used Github and we are a developer platform. So it was very easy, we just opened up. It was private, we made it public, thatâs basically what we did.Martin: What other things did go well or did not go well which you can share?Avi: There were a few other things. I think hiring is very important. And sometimes I think you need to hire for attitude as opposed to aptitude, and most startups end up making these mistakes where they hire for aptitude as opposed to attitude. And when you are this small, like when you are like 5 person, 7 person, 10 person company, if 1 or 2 people donât fit, it really causes a lot of problems within the company. I mean thatâs another mistake that we did where we got carried away by peopleâs aptitude as opposed to their attitude and whether the culture and the fit is going to be right.So I truly believe that in the initial product of your company, you should be super focused on building the cohesive team, even if it is not the best super star team that you have. You probably want to have a team that works as a team, as opposed to an individual excellence. That was a couple other mistakes that we made. Since then we have post corrected that and thatâs the hard part; itâs letting go of some of the earlier employees that we had hired because they were just not the right fit. I mean itâs kind of like my board once told me that if you donât start being a CEO then weâll start finding a CEO. So I mean I was kind of the message to say this is part of being a CEO, you have to make these hard decisions. That was a wakeup call for us which kind of re-jiggled the company into the right direction.Martin: Great. Also a good example of how the board can also help advise the founders, which is great.Avi: I mean this is the other thing for a first time entrepreneur, like this is the first company I ever created, and even for Manisha, we both were completely novel at this. You need to understand, and I think for whoever is trying to do this, they need to understand that there will be highs and there will be lows, and there is no company out there that hasnât gone through that floors. And you have to be completely okay with that.Thatâs something that people always remember the great home runs that you had, but they donât understand that there is a whole bunch of failures also internally happening. So thatâs normal part and parcel, and thatâs where the board can help you because they have seen hundred of companies go through this. And so you have to use your board quite a bit, as opposed to just trying to do these things in isolation.Martin: You said very nicely that you need to hire in the beginning for attitude and less for skills and aptitude and so forth. I mean the CV and drop test for testing people for skills ar e very well defined. how would you test for attitude?Avi: I think what you do is, I do the special thing called case based interviews. I mean I donât ask people how to do things, I ask them why they do what they do. I mean itâs very easy, if I ask you to sort these numbers in the fastest way, everybody will tell you how to do it. Very few people can answer why one technique is faster than the other technique.And so itâs kind of like my personal favorite of what I am saying is I donât really care is people tell me what to use when we need it. What I really need is people to tell me when not to use a particular technology.So when you do case based interviews, you start seeing that whole whatever the candidate does pros and cons, whether they are kind of looking at it more holistically or are they kind of getting carried away by one single piece of information. So that gives you more of a well rounded approach of what the candidate is doing, as opposed to just asking them a few technical questions and seeing how deep do they know the syntax, or how deep do they know sorting algorithms. I mean, that can be all found on Google, you donât really need to know all those stuff. What you canât find on Google is when do you use Non-JS as opposed to use goal or vice versa. I mean that is a much harder question to answer than just saying: Hey, we should use goal.So I think thatâs the kind of questions you want to ask more as opposed to just asking very tactical problem based questions.Martin: Avi, if you look back from today to like 5 years ago, what would you have liked to know before you started the company, which would have helped you to become even better?Avi: Thatâs a hard question. So what would I like to know, what information I have to have 5 years ago? I think what I would have done a lot more was. Itâs basically a very hard question to ask because everything happened for a reason, and itâs all about how do you react to the things that happened as opposed to trying to control things not to let it happen. So I donât think I have anything that would have changed my game, I like the journey I went through and it made me who I am today, so I donât think I would change too much.Martin: How did you change over those 5 years?Avi: I have a lot of respect for people who have built companies. I mean if you would have asked me 5 years ago what is the role of a CEO, I would have probably not been able to answer. I think just having empathy towards the different roles and the different skill sets that people bring to the table is something that I mean I was too much of an engineer, I only valued engineering skills and I kind of discriminated on the rest of the skills others had.So I think, being a CEO for the last 3 years, trying to create a company from scratch, I have a lot of empathy for pretty much every single skill set and job role thatâs out there and people who actually do that really well. I mean, you need every single aspect of it, like from people who can do content writing to people who can actually code, to actually market. I mean you need to have a well rounded team, and I have developed a lot of empathy towards the rest of the skills that people have.Martin: Great. Avi, thank you so much for sharing your insights.Avi: You are very welcome, I hope it was useful and it will be useful for some folks who want to listen to this.THANKS FOR LISTENING! Welcome to the 19th episode of our podcast!You can download the podcast to your computer or listen to it here on the blog. Click here to subscribe in iTunes. INTRODUCTIONMartin: Hi folks out there! If you are interested in starting a company or you are a developer and really working on your next product, this podcast interview is for you. Today we have Avi with us. Hey Avi, who are you and what do you do?Avi: Hi Martin, this is Avi Cavale, I am a co-founder and CEO of Shippable we are a continuous delivery pipeline company for containers.Martin: Great! When did you start this company and what did you do before?Avi: Shippable, the genesis was around late 2012, physically incorporated and everything in 2013, early 2013, February. Itâs been about 3 ½ years so far. Before that I worked at Microsoft and briefly at Amazon and I was there at Amazon for over 11+ years, worked on xBox, Office 365, Azure and Kinect, the xBox live products.Martin: How do you go from gaming to shipping code?Avi: I mean, as recently said that Software is eating the world and pretty much everything is software. And even though we were at gaming side of the company, thatâs what the consumers saw, but behind it, it was all pure software technology. While I was doing that, I was managing about roughly 150+ organizations across 3 different countries (China, India and the US) and at the end of Kinect when I was going through my review process with my boss, I realized that over 50% of my entire organization spent their time on none feature work. I mean they were doing all sorts of plumbing, deployment, code auto-pilot, code all sorts of things. And thatâs kind of as you look at it we worked on Kinect for 2 years, 150+ people, thatâs almost 150 person-years being wasted on things that should have been actually big new platform. And thatâs basically what our motivation was.We said: Hey, every single group inside Microsoft is doing this and imagine every single company in the world. What it should be is more available as a platform where developers are using it to build features as opposed to kind of building the plumbing work for deploying th e features that they have built. And thatâs basically what Shippable was.Martin: Cool. Avi, what was the next step? So you left the company and then what happened?Avi: I left the company and I had never done a startup. Biggest thing was I left it in a very impulsive way because I was so excited that this is a problem that I could go solve.I think for about 3 weeks, I was kind of⦠I mean I left in late 2011 saying that I want to go do this company, and I meandered around for about 3 or 4 weeks. I realized that I just didnât have the skills to do this at all especially founding a company.Martin: Why?Avi: And let alone do it alone. I mean thatâs the biggest mistake I did was, I said: I am going to do this alone.And then I said: Okay fine, I am going to go⦠I kind of parked my idea a little bit and I said: Okay, let me go work on some modern technology. And I started working on a company which was working with Cloud Foundry, and I learnt all about how startups work, how actual ly this thing goes on, and thatâs basically, I kind of trained myself on the job for about 10 months, always knowing that I will eventually get back to this idea that I was going to go do a company about.Martin: And how did Cloud Foundry prepare you for the entrepreneur route?Avi: I think the biggest thing that happened was, at Microsoft, being in kind of like somewhat of a leadership role, you donât realize how easy it is to get meetings, and so you lose the hustle of your life, and things happen very easily because of the background and the brand that Microsoft has.When you start trying to do it on your own as a company, itâs impossible, I mean you have to really hustle to get these meetings and get these people to help you out. And what Cloud Foundry, this startup that was working with Cloud Foundry did was kind of make me get used to that kind of mode as opposed to sending an email to a company and say: Hey, I want to talk to you for half an hour, and I would get that meet ing set up because of just the fact that I was working at Microsoft.Martin: Good. So once you have acquired some kind of knowledge from Cloud Foundry, what did you work on then? And did you find a co-founder?Avi: Yes, I mean the other thing I did was I realized what my limitations were, and then I started finding folks who would counter balance the limitations that I had.One was I was purely a techie person; I needed somebody who has a little bit more of a business background. We are still a very technical company so they need to be still technical, but they need to have more business exposure than I did.The second thing was, even the temperament. I mean I kind of think in big vision, kind of goal setting views, whereas you also need to have someone who brings you back to the ground and gets some execution plan to get towards that big goal that you have. And so I think Manisha was kind of my obvious choice. I convinced her that she should quit Microsoft and do this. She quited Micro soft in late 2012 and we started Shippable in 2013 in February.Martin: Did you know Manisha before and why do you think she qualified for a co-founder role?Avi: She had worked with me at Microsoft back when I was with Office 365 and that is where I had interacted with her. She was part of a team that my team actually worked with.There were 2 things: one was that she was super smart and I knew that with all my interaction at Microsoft. The second things was she was very practical in how she thought about things and I was kind of the big vision that she was a very practical person and I thought that thatâs the right mix that I needed. And of course she had an MBA degree from Berkeley which made it even more easier for me to say she has to be the person who is the co-founder.Martin: Great. So now you have assembled the 2 of you and starting out building on the product version I guess, so what was the next step then? So did you work on the product or did you try to acquire some kind o f beta customers or did you already talk to investors? How was it like?Avi: So I think we kind of did a few things. I mean one thing that she kind of said is: Weâve got to have some kind of a framework of how we are going to go about doing this. I mean I wasnât too keen on having this big MBA like frameworks but I wanted something that offers structure.So what we did is, we started looking at accelerators and we filled out their application forms. And we didnât want to apply to any accelerator, we just wanted to fill out the application form because some of these accelerator application forms really make you think about what your business is. And thatâs what happened.So we started off with Y Combinator and we filled out their whole application form and then we also accidentally got in touch with a few folks from Techstars and this was due to some random events that happened. And then, I mean I would say we were lucky meeting the managing director of Techstars. And then we en ded up taking Techstars as an accelerator.And by that time, we had kind of built a prototype just to prove the technology can be done. And we knew that the customer problem existed, but we hadnât done any formal customer development and those kinds of things. And at Techstars, when we went to the program, they had a lot more structure on how we go about doing it and it helped quite a bit in terms of how we did the rest of the company.Martin: Okay. How did you go about the customer development, once you have been into this Techstar program or afterwards?Avi: I mean it was hard for us to accept that customer development was very critical.Martin: Especially as a techie, right?Avi: Yes, I mean we thought we knew more. And actually in retrospect if I go and look back that was probably the best thing that we ever did at Techstars. Andy Stark who was the managing director of Techstars Seattle at that time, he almost had a stick for us to say: You have got to do customer development.The e asy thing for us was that finding developers in Seattle was not very difficult. And so what we used to do is we used to go out in downtown Seattle where Amazon was, there are all kinds of food trucks where people are standing in line for food during lunch, and we would just ask them saying: Hey, Iâll buy you a soda if you answer a few questions. They were all techie, so we could easily get 50-70 interviews a day done in relatively like an hour and a half over time, which was kind of unfair for the rest of the companies in Techstars because our customer base was a developer and we could find them so easily.Martin: What did you ask them?Avi: I think Andyâs guidance on customer development was you can never tell them what you are building, and you have to somehow ask them questions which donât tell them what you are building. If they donât answer the core fundamental value proposition that your product does as their main problem, then your product will not actually sell. I mea n that was kind of the philosophy.So all our questions were all about behavior; what do you guys do on a daily basis? What is the one thing that you would want to do less? So itâs more of open ended, trying to drag out what they really are doing and trying to see whether our value proposition actually stick in terms of what the pain point or what we are really trying to solve with our product.Martin: Okay cool.BUSINESS MODEL OF SHIPPABLEMartin: Avi, letâs talk a little bit more about your company Shippable. Can you briefly explain how the business models work? You briefly touched on this, so what are the customer segments? How are you making money, and what type of value proposition are you offering those people?Avi: I think the basic idea is that our product is a premium model, so itâs like so as like pretty much everything thatâs done in these days. You have a basic value proposition which solves some problems for maybe an individual or a small team like 3 or 4 people, and then the moment they grow beyond that, then you need to start buying in order to actually get them to start becoming a paying customer. I mean thatâs basically the get up model that is basically pretty much a lot of these online services model. Thatâs how our basic fundamental, what we call as demand generation.And then with that what happens is, you donât have to do traditional enterprise sales. So you get a lot of people getting ground up, and then eventually they will get to some size at that point they become a sales qualified lead to us, and we kind of sell them a more of an enterprise kind of product on top of it. That is basically the evolution.So you come in as freemium; you become a paying SaaS customer and eventually, you will end up buying it for your department or maybe for your organization within your enterprise. I mean thatâs kind of how the business model works.Martin: What makes Shippable unique in the market place? Because I mean you need to think, I guess your co-founder as well because she is having an MBA, what are the competitive advantages over your competitors?Avi: I think the most important thing is it is about efficiency, right. Itâs like if you really look at it in todayâs world, every single company has to out innovate the competition. And thatâs basically the only way you can actually survive. Otherwise your features are going to get copied very quickly and you lose out on the differentiation. So thatâs a platform that every single company thatâs out there needs, I mean, if you kind of look at any mobile app kind of a company or anything, they have to constantly keep adding features that makes them more valuable and have more unique features than their competition.So we are a very interesting product. I mean our product actually helps other customers to do this. So what we do is, we use the same platform to build Shippable. So what we are doing is, we are helping engineering organizations to become more efficient . In other words, we call it ship code faster kind of qualifying it a little bit more, its ship quality code faster and repeatedly, and that basically is continuous innovation. Thatâs what our product does. Hence, and the best thing for us is we are the number 1 customer for this product because we are trying to out run everybody.So if you go and look at the last 3 months, we have added over 25 different features that none of our competition has even added even less than 5. Thatâs basically what makes our product more complete and we are constantly innovating using our own platform to kind of help other customers innovate faster on their whatever product that they are working on.So that is basically the uniqueness, so it is a continuously evolving platform that helps developers become more efficient to build software.Martin: Okay, cool.ENTREPRENEURIAL ADVICE FROM AVI CAVALEMartin: Over this 4 â" 5 years, what have been the major learnings and mistakes that you have seen or done yourself which you can share with our people interested in starting their own company?Avi: I think some of the mistakes are like very specific to our business, I mean our customer base, our developers. So a lot of mistakes that we did around that was not listening to developers closely enough and so they were asking for something and we were trying to build something else. So that was one mistake that we did, 12-18 months ago. And in the last 6 months we have been super focused on our developers and our customers, that has really changed how we actually are perceived by our customers. I mean thatâs one thing that we never want to do; is alienate your customer base.Even though you might think this is the right way to do it, you have to always have your pulse on your customer base, that is one thing that we did about 12 months ago, the wrong thing we did. Since then, we have post corrected and we have become a completely customer centric company at this point of time.Martin: Was th ere a key even where you said to yourself: Oh wow, we are really missing a point here, we need to change?Avi: I think what happened was 2 things. One was that we ended up opening up our customer support queue completely to the public. It was a decision because internally I had to change the culture of the company, and what ended up happening is the moment we opened up, kind of airing your dirty laundry out first, I think thatâs the first thing that we did. And that was a very risky thing to do because it pretty much told our competition what the problems we had were. And so the moment that happened a whole bunch of customers started actually commenting, cross commenting on it because now everything was open and that internally changed our entire teams mind set. So that was a turning point that basically said: I mean I know everybody has dirty laundry, but we want to keep them as clean as possible as quickly as possible. So suddenly everything became customer centric as opposed to hey we will address it when we get some time, that attitude changed, I mean thatâs basically what happened from inside the company.Martin: And did you use a tool for this?Avi: I mean we used Github and we are a developer platform. So it was very easy, we just opened up. It was private, we made it public, thatâs basically what we did.Martin: What other things did go well or did not go well which you can share?Avi: There were a few other things. I think hiring is very important. And sometimes I think you need to hire for attitude as opposed to aptitude, and most startups end up making these mistakes where they hire for aptitude as opposed to attitude. And when you are this small, like when you are like 5 person, 7 person, 10 person company, if 1 or 2 people donât fit, it really causes a lot of problems within the company. I mean thatâs another mistake that we did where we got carried away by peopleâs aptitude as opposed to their attitude and whether the culture and the fit is going to be right.So I truly believe that in the initial product of your company, you should be super focused on building the cohesive team, even if it is not the best super star team that you have. You probably want to have a team that works as a team, as opposed to an individual excellence. That was a couple other mistakes that we made. Since then we have post corrected that and thatâs the hard part; itâs letting go of some of the earlier employees that we had hired because they were just not the right fit. I mean itâs kind of like my board once told me that if you donât start being a CEO then weâll start finding a CEO. So I mean I was kind of the message to say this is part of being a CEO, you have to make these hard decisions. That was a wakeup call for us which kind of re-jiggled the company into the right direction.Martin: Great. Also a good example of how the board can also help advise the founders, which is great.Avi: I mean this is the other thing for a first time entrepreneur, like this is the first company I ever created, and even for Manisha, we both were completely novel at this. You need to understand, and I think for whoever is trying to do this, they need to understand that there will be highs and there will be lows, and there is no company out there that hasnât gone through that floors. And you have to be completely okay with that.Thatâs something that people always remember the great home runs that you had, but they donât understand that there is a whole bunch of failures also internally happening. So thatâs normal part and parcel, and thatâs where the board can help you because they have seen hundred of companies go through this. And so you have to use your board quite a bit, as opposed to just trying to do these things in isolation.Martin: You said very nicely that you need to hire in the beginning for attitude and less for skills and aptitude and so forth. I mean the CV and drop test for testing people for skills ar e very well defined. how would you test for attitude?Avi: I think what you do is, I do the special thing called case based interviews. I mean I donât ask people how to do things, I ask them why they do what they do. I mean itâs very easy, if I ask you to sort these numbers in the fastest way, everybody will tell you how to do it. Very few people can answer why one technique is faster than the other technique.And so itâs kind of like my personal favorite of what I am saying is I donât really care is people tell me what to use when we need it. What I really need is people to tell me when not to use a particular technology.So when you do case based interviews, you start seeing that whole whatever the candidate does pros and cons, whether they are kind of looking at it more holistically or are they kind of getting carried away by one single piece of information. So that gives you more of a well rounded approach of what the candidate is doing, as opposed to just asking them a few technical questions and seeing how deep do they know the syntax, or how deep do they know sorting algorithms. I mean, that can be all found on Google, you donât really need to know all those stuff. What you canât find on Google is when do you use Non-JS as opposed to use goal or vice versa. I mean that is a much harder question to answer than just saying: Hey, we should use goal.So I think thatâs the kind of questions you want to ask more as opposed to just asking very tactical problem based questions.Martin: Avi, if you look back from today to like 5 years ago, what would you have liked to know before you started the company, which would have helped you to become even better?Avi: Thatâs a hard question. So what would I like to know, what information I have to have 5 years ago? I think what I would have done a lot more was. Itâs basically a very hard question to ask because everything happened for a reason, and itâs all about how do you react to the things that happened as opposed to trying to control things not to let it happen. So I donât think I have anything that would have changed my game, I like the journey I went through and it made me who I am today, so I donât think I would change too much.Martin: How did you change over those 5 years?Avi: I have a lot of respect for people who have built companies. I mean if you would have asked me 5 years ago what is the role of a CEO, I would have probably not been able to answer. I think just having empathy towards the different roles and the different skill sets that people bring to the table is something that I mean I was too much of an engineer, I only valued engineering skills and I kind of discriminated on the rest of the skills others had.So I think, being a CEO for the last 3 years, trying to create a company from scratch, I have a lot of empathy for pretty much every single skill set and job role thatâs out there and people who actually do that really well. I mean, you need every single aspect of it, like from people who can do content writing to people who can actually code, to actually market. I mean you need to have a well rounded team, and I have developed a lot of empathy towards the rest of the skills that people have.Martin: Great. Avi, thank you so much for sharing your insights.Avi: You are very welcome, I hope it was useful and it will be useful for some folks who want to listen to this.THANKS FOR LISTENING!Thanks so much for joining our 19th podcast episode!Have some feedback youâd like to share? Leave a note in the comment section below! If you enjoyed this episode, please share it using the social media buttons you see at the bottom of the post.Also, please leave an honest review for The Cleverism Podcast on iTunes or on SoundCloud. Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and we read each and every one of them.Special thanks to Avi for joining me this week. Until next t ime!
Saturday, May 23, 2020
Why Alexander the Great Was Great. - 1002 Words
It is quite common to go through life following the demands of society and refusing to be unique, allowing it to shape and characterise the lives within the society. In fact, society is even apt of delineating the lives amongst it. However Alexander III, King of Macedon, Pharaoh of Egypt, Supreme Commander in Chief of all Greeks and Emperor of Persia, was not a follower. He was the person leading society; the moulder, the shaper. Through his instantaneous reaction and actuation, he was able to make to important decisions, and it was evident that Alexander was a large influence on his people through the observations of his unconditional courage and bravery. The vicissitude he bequeathed to military tactics made it perceptible that he wasâ⬠¦show more contentâ⬠¦Stories of a celestial birth or omens of potential triumph had impacts on Alexanderââ¬â¢s behaviour in both negative and positive aspects. Due to the fact that Alexander was so great, he charged head first into many ba ttles and won almost all of them. However, he forced his army into those battles, knowing that many would not come out alive. He risked so many lives for his own greater benefit because he thought he was so great and he thought that he was invincible. Despite this, he showed gratitude towards his men, paying off their debts as a gesture of thanks. Also, without the royal propaganda told to him, he may have never believed in himself as much as he did, he wouldnââ¬â¢t have conquered so much, he wouldnââ¬â¢t have been great. Therefore the royal propaganda benefited him more than it did weigh him down. Because of what he had achieved, what he had conquered, it was hard for many to believe that Alexander died in a drunken state. Despite the mistakes he made; neglecting his menââ¬â¢s wishes, executing anyone who disobeyed him, putting others at risk because of royal propaganda, Alexander had achieved so much which is why he is great. He founded seventy cities, and twenty-five are still substantiated which shows what a legend he was. He adapted his battle plans according to the environment he was in and the enemies he was facing showing that he learnt well and skilfully used his teacherââ¬â¢s, Aristotle, advice. Greatness is not a virtue that is obtained by everyone. It isShow MoreRelatedAlexander As A Man Of Greatness1434 Words à |à 6 PagesAlexander III of Macedon also known as, Alexander the Great, made a name for himself many years ago but today his ââ¬Å"greatnessâ⬠is being questioned because of research conducted due to modern technology. In order for someone to be viewed as great, they would need lots of evidence supporting that they were a well-rounded person. I believe that alexander had rightfully earned this title because through my research I have only found evidence that Alexander was indeed a man of greatness. Although AlexanderRead MoreAlexander the Great Essay1358 Words à |à 6 Pagesman named Alexander III of Macedon or more commonly known as, Alexander the Great. His father, King Phillip II, took the throne of Macedonia in 359 B.C.E and was able to turn Macedonia into the strongest military power in the entire Greek world. Macedonia was a state in the north eastern region of Greece. Alexander III of Macedon was born in 356 B.C.E in Pella; the ancient capital of Macedonia, Alexander grew up in the shadow of his fatherââ¬â¢s success in transforming Macedonia into a great militaryRead MoreWhat Made Alexander of Macedon Known as Alexander the Great?1114 Words à |à 5 PagesWhy Alexander of Macedon is called ââ¬Å"Alexander the greatâ⬠and most successfully man in conquering the world known kingdoms? The answer is easy forward. Even though today after twenty-three centuries no man has accomplished like Alexander did. Alexander the Great, the king of Macedonia is one of the greatest military Intelligence of all times. Alexander was born in 356 BC in Pella, the ancient capital of Macedonia. He was son of Philip, King of Macedonia, and Olympias, the princess of neighboring EpirusRead MoreHistory : Genghis Khan, Julius Caesar, And Alexander The Great919 Words à |à 4 Pageshroughout history, Genghis Khan, Julius Caesar, and Alexander the Great are successful conquerors in history. Genghis Khan a tyrant and a bloodthirsty villain during his period he conquered more territory than any other leader in history. Julius Caesar a great general that ever lived, he also knew how to elevate money for festivals and gifts. Lastly, Alexander the Great is a person who conquered many territories, had a large empir e, formed the Hellenistic culture, and became very successful. E.HRead MoreThe Importance Of Ramses II, Caesar, And Alexander The Great1136 Words à |à 5 PagesI decided to write about are Ramses II, Caesar, and Alexander the Great. Each one of these kings were good in their own way however, also bad in other ways. Ramses II was born in 1303 BCE and died in 1213 BCE. He was the third pharaoh from Egypt in the Nineteenth Dynasty. Caesar was born in 100 BCE in Rome and died in 44 BCE. He made the Roman Empire possible. Lastly, Alexander the Great was born in 356 BCE in Macedon and died in 323 BCE. He was the king of the Ancient Greece. All three of these kingsRead MoreAlexander The Great : Why Is Alexander Considered Great?1669 Words à |à 7 PagesALEXANDER THE GREAT Why is alexander considered great? Alexander III of Macedon or commonly known as Alexander the Great was the conqueror and king of the Persian Empire which is the Ancient Greek kingdom of Macedon. He was born on the 20/21st July 356 BC in Pella, the ancient capital of Macedonia. While in reign from 336 to 323 B.C, he united the Greek city-states and led the Corinthian League. He also became the king of Persia, Babylon and Asia as well as created Macedonian colonies in the regionRead MoreAlexander the Great Summary 16861 Words à |à 4 PagesAlexander the Great Alexander the Great was the king of Macedonia, conqueror of the Persian Empire, and one of the greatest military geniuses of all times. Even at an early age, Alexander had the promise to become a great leader. Through all his victories and conquests, he has become a great hero and has had a large impact on history. That is why I chose he book Alexander the Great, by J.R. Hamilton for my review. Hamilton does a very good job with the story of Alexander the Great. The bookRead MoreHow Great Was Alexander The Great?810 Words à |à 4 PagesHow Great Was Alexander the Great? You are trudging through the desert. The sun is blazing and you are already very dehydrated. You are very discouraged and are ready to give up. Some scouts came back from a search for water they are carrying a helmet in their hands. You see them walk past you towards the King. Of course he gets it. You get jealous and upset. You see him lift up the helmet â⬠¦ and dump it on the sandy floor. Whatââ¬â¢s happening? Why did he waste it. You hear him speak, ââ¬Å"If there is notRead MoreWhy Did Alexander Invade the Persian Territory1235 Words à |à 5 PagesHST 225- 01-TRACEY MARTIN -042267773 ââ¬Å"ALEXANDER THE GREAT AND THE HELLENISTIC AGE.â⬠Why did Alexander invade the Persian territory? The question on why Alexander invaded the Persian territory has only been guessed at by historians in the past. The true reason why, may never be known. What is known however is the fact that Alexander had continued what many before him had done, invade the Persian territoryRead MoreWho Was Alexander The Great?1457 Words à |à 6 PagesWho was Alexander the Great? History has recorded that he was a man of many feats. Born in Macedonia he would later become an excellent solder, a great man and an intelligent politician. Many look to him as one of histories greatest leaders and greatest of men. Being the young man he was and the leader of a nation, it brought out a hunger for victory. Shown by his military tactics and the amount territory that he conquered. His wisdom and intelligent mind may have been due to the fact that his mentor
Tuesday, May 12, 2020
Wednesday, May 6, 2020
Darkest Child Free Essays
In the novel The Darkest Child the author Delores Phillips displays the activities and likely hood of growing up in the still racist Deep South. The main character Tangy Mae encounters hardships and tribulations amongst her family. Her mother Rozelle Quinn displays negative habits of a mother by being over controlling of her kids. We will write a custom essay sample on Darkest Child or any similar topic only for you Order Now Rozelle often beat and called her children names out of frustration and rage. Tangy Mae and her siblings must step up to the plate in order for the family to make a living without a father figure while dealing with their scolding mother. In the story the Darkest Child the mother Rozelle Quinn is a thirty ââ¬â five year old tall slender lady with dark grey eyes and so fair-skinned that she can pass for white is the mother of ten children including Tangy Mae who all lived in fear of her moods and temper. Rozelle favors her light-skinned kids, but insists that they all love and obey her unquestioningly. Tangy Mae is her smartest and darkest colored child, and her mother treated her different because of that. Tangy Mae went to school longer than all of her other siblings and wanted to continue but her mother wouldnââ¬â¢t allow her to because she wanted her to work like the rest of her siblings. Her mother would often beat her and her other siblings an example from the book is ââ¬Å"The belt looped through the air in a rush, but instead of striking Martha Jean it cut into my shoulders, neck, and back. It knocked me off balance. â⬠(Phillips 119) Her mother would always tell her things like she was ugly. She would talk to her kids anyway she would like and always threatened them to get her point across for example ââ¬Å"Effortlessly, Mama wrapped her other arm around Martha Jeanââ¬â¢s neck and breathed into her ear, dumb bitch. You no-good, dumb bitch. Iââ¬â¢ll break yoââ¬â¢ goddam neck. â⬠(Phillips 118) But somehow through all the stressful situations Tangy somehow still managed to keep her head up and stay strong through it all. Their mother had a mental illness she would ââ¬Å"Satanââ¬â¢s in here, she said in a hollow voice, her gaze darting about the room. While I was gone, one of yall let satan in my house. Who was it? No one spoke. Donââ¬â¢t sit there like idiots. I wanna know who did it. â⬠(Phillips 69-70) This shows that Tangy Maeââ¬â¢s mother suffers from an mental illness. Tangy Mae and her siblings have been through it all from racism to being baldly mistreated by their mother. Their mother wanted to be in control of their whole life and if her kids ever went against something she said and didnââ¬â¢t obey her rules she would brutally hit them and call them all types of names. How to cite Darkest Child, Essay examples
Saturday, May 2, 2020
Roles and Responsibilities of Employee-Free-Samples for Students
Questions: 1.In examining a performance management process, student provides a thorough and detailed explanation of employee's role and responsibilities are in working collaboratively with his/her direct supervisor to develop short- and long-term objectives in the plan. Explanation is supported by at least one relevant, scholarly source from course articles or updated research and at least one experiential example from current events or own experience. 2.Student provides a thorough and detailed explanation of who should be responsible for ensuring objectives are met and who has accountability for ensuring that measurable objectives are developed and met. Explanation is supported by at least one relevant, scholarly source from course articles or updated research and at least one experiential example from current events or own experience. Answers: 1.In the organizations, employees have some specific roles and responsibilities in collaboratively working with the supervisors for the development of short-term as well long-term objectives in the plan. It needs to be mentioned that it is the responsibility of employees in actively involving in various initiatives taken by the direct supervisor (Aguinis, 2013). It can be seen that the supervisors organize sessions of eliciting the success stories of the organizations. In this process, when asked, it is required for the employees to state any situation where they felt their best in the work and full of life. In this process, the employees are required to be very specific while describing the incidents so that it becomes easy for the supervisors to develop short as well as long-term objectives for them (Shields et al., 2015). After that, the supervisors of the companies organize sessions to know the facts contribute to the success of the employees. Thus, it is the responsibility of th e employees to take active part in this session by stating their major areas of strengths and weaknesses so that the supervisors can develop strategy accordingly. With the active contribution to this program by the employees, the supervisors become aware about the factors led to the success of the employees along with the organizations (Aguinis, 2013). Thus, from the above discussion, it can be observed that the it is required for the employees to continuously interact with their direct supervisors. In this context, it needs to be mentioned that it is also the responsibility of the supervisors to support the employees so that they become able to express themselves in an effective manner (Anitha, 2014). 2.The above discussion sheds light on the roles and responsibilities of the employees in the development of long-term as well short-term objectives in the objectives. After that, it is required to achieve these objectives. In this process, it is the responsibility of both the employees and the supervisors to meet the objectives for the development of plan as both the employees and the supervisors have almost equal contribution towards this (Decramer, Smolders Vanderstraeten, 2013). It is the responsibility of the supervisors to develop different kinds of strategies for the achievements of the developed objectives. At the same time, it is required for the supervisors to motivate the employees towards achieving the objectives. At the same time, it is also required for the employees to respond to their supervisors for the effective achievement of the objectives (Aguinis, 2013). It is needed for the employees to follow the developed strategies by the supervisors. Thus, it can be seen th at the contribution from both the employees and the supervisors is required to meet the objectives. However, it needs to be mentioned that the supervisors are solely responsible for measuring whether the objectives are met or not. In this process, the supervisors implement different types of strategies like 360 Degree Feedback and many others (Cascio, 2018). Thus, it can be seen that the supervisors are responsible for the evaluation of the objectives References Aguinis, H. (2013). Performance management (3rd ed.). Upper Saddle River, NJ: Prentice Hall. Chapter 8, Performance Management and Employee Development Anitha, J. (2014). Determinants of employee engagement and their impact on employee performance.International journal of productivity and performance management,63(3), 308. Cascio, W. (2018).Managing human resources. McGraw-Hill Education. Decramer, A., Smolders, C., Vanderstraeten, A. (2013). Employee performance management culture and system features in higher education: relationship with employee performance management satisfaction.The International Journal of Human Resource Management,24(2), 352-371. Shields, J., Brown, M., Kaine, S., Dolle-Samuel, C., North-Samardzic, A., McLean, P., ... Plimmer, G. (2015).Managing Employee Performance Reward: Concepts, Practices, Strategies. Cambridge University Press.
Tuesday, March 24, 2020
Abex Chemicals, Inc. Essays - Blitar Regency, DraftPerkara 149, 150
Abex Chemicals, Inc. ABEX Chemicals, Inc. ABEX Chemicals, Inc. adalah salah saru produsen utama dari petrochemicals (terutama polyethylene). Selama 8 tahun terakhir ABEX menguasai kurang lebih 25% pangsa pasar petrochemical di Amerika Serikat. Namun demikian, persaingan dalam industri ini nampaknya akan semakin ketat, terutama dengan terjadinya ekspansi yang sangat agresif, dan kemungkinan akan terjadinya resesi pada satu sampai dua tahun mendatang. Berdasarkan analisis statistik, harga petrochemical yang diproduksi oleh ABEX diperkirakan akan terus menurun pada 12 hingga 18 bulan kedepan. Hal ini akan meningkatkan credit risk perusahaan ini. Harga saham ABEX baru-baru ini juga mengalami penurunan dari $15 menjadi $9 per lembar. Kedua hal tersebut meningkatkan resiko dalam pemberian pinjaman pada Abex. Melihat kenyataan di atas, perlu kiranya dilakukan penilaian ulang terhadap credit risk dari ABEX. Analisis akan bertitik berat pada 3 aspek penting, yaitu external environment, company fundamentals, dan stock price behavior. Hasil pengamatan terhadap ke-tiga aspek dapat dilihat sebagai berikut: External environment Walaupun trend faktor-faktor ekonomi belum dapat diketahui dengan pasti, masalah utama yang dihadapi pada industri petrochemical ini bukanlah perubahan demand, melainkan overcapacity. Seperti terlihat pada Exhibit 1, produksi polyethylene secara nasional diperkirakan tetap samapi tahun 10. Namun karena kapasitas produksi terus meningkat, maka operating rate akan mengalami penurunan. Akibatnya tingkat persaingan akan terus meningkat, sementara harga produk menjadi semakin rendah. Namun demikian, dalam jangka panjang tingkat konsumsi polyethylene akan naik 4% per tahun, dan harga akan meningkat 5% per tahun mulai tahun 12. Company fundamental Pendapatan operasional Abex didapat terutama dari 2 jenis bisnis, yaitu pipeline distribution of natural gas (gas transmission) dan petrochemical production. Pendapatan dari distribusi gas diperkirakan akan berkurang, berkaitan dengan adanya penurunan produksi gas dan faktor-faktor yang membatasi perkembangan harga jual. Namun hasil analisis dapat memprediksikan tetap adanya peningkatan kecil, baik pada volume maupun tarif jasa distribusi tersebut. Data statisik sehubungan dengan usaha distribusi gas ini dapat dilihat pada Exhibit 1. Pendapatan dari produk-produk petrochemical lebih sulit diramalkan, karena sangat sangat sensitif terhadap harga jual, biaya produksi, serta volume penjualan polyethylene. Faktor-faktor penting dalam estimasi pendapatan opersional dari bisnis ini adalah harga jual dan biaya produksi di masa datang, dan pangsa pasar dari ABEX. Pihak manajemen percaya bahwa struktur biaya produksi ABEX yang lebih rendah dapat membuat harga produksinya sangat kompetitif, sehingga memungkinkan tercapainya operating rate yang lebih tinggi dibanding para pesaingnya. Data statisik sehubungan dengan bisnis produksi polyethylene ini dapat dilihat pada Exhibit 1. Stock price evaluation Berlainan dengan analisis umumnya yang menggunakan discounted cash flow, evaluasi harga saham ini dititikberatkan pada quality of cash flow, earning power, yield, book value dan earnings components. Laporan Keuangan perusahaan, serta rasio-rasio keuangan yang digunakan salam analisis dapat dilihat pada Tabel 1 ? 3. Permasalahan Sehubungan dengan fixed income investment yang dilakukan pada obligasi (bonds/long-term debt) yang diterbitkan oleh ABEX, maka perlu dilakukan investigasi lebih lanjut pada kondisi perusahaan tersebut. Evaluasi harus dilakukan untuk mengetahui perubahan yang terjadi pada credit quality (risk) dari hutang jangka panjang ABEX dalam kurun 3 tahun terakhir (tahun 7 ? 9). Analisis dilakukan pada ratio-ratio keuangan terpenting (key financial ratios), yang difokuskan pada 3 aspek yaitu asset protection, short-term liquidity, dan earning power. Jawaban Pertanyaan 1. Identifikasi terhadap 5 ratio keuangan (dari seluruh ratio yang tercantum Tabel 3) yang relevan terhadap minimal 1 dari 3 aspek analisis diatas, serta interpretasi tingkat serta kecenderungannya dari tahun 7 sampai tahun 9. Ratio-ratio yang digunakan untuk menganalisis aspek asset protection adalah net tangible asset to long-term debt serta long-term debt to total capitalization. Untuk short-term liquidity ditinjau collection period, sementara untuk earning power dievaluasi berdasarkan pre-tax interest coverage dan operating cash flow to long-term debt. Sebenarnya inventory period juga dapat digunakan untuk mengevaluasi short-term liquidity, namun karena bisnis distribusi gas tidak memiliki inventory maka ratio ini tidak digunakan dalam analisis ini (terutama dalam memperbandingkan kedua bisnis yang diusahakan oleh ABEX). a/ Net Tangible Assets to Long-term Debt R atio Ratio ini menggambarkan sejauh mana aset perusahaan dapat meng-cover hutang jangka panjangnya. Yang dilihat adalah perbandingan antara asset (yang tidak diragukan nilai serta realisasinya) terhadap jumlah long-term debt. Besarnya ratio dalam 3 tahun terakhir adalah: Tahun Ratio 7 52.0% 8 34.7% 9 46.2% Trend dari ratio ini ternyata menurun, walaupun terlihat adanya perbaikan pada tahun 9. Penurunan ini mungkin disebabkan oleh 2 sebab yang dapat terjadi sendiri-sendiri, atau dua-duanya sekaligus: Pertama, penurunan net tangible asset, yaitu penurunan jumlah asset yang nilai serta realisasinya dapat dipastikan. Hal ini dapat
Friday, March 6, 2020
Free Essays on Management Problems In The Military
Management Problems in the Military From a young age I was told I had my entire life ahead of me giving me the impression that time is something there is plenty of. But as I grew up and went to school, all I had to do is go there, sit until the classes ended, and then go home and do whatever I wanted. I managed to do all of my homework between classes and nothing was left for home. Then onto college where I quickly learned that in college it wouldnââ¬â¢t work the way that it had worked through school. As an adult itââ¬â¢s the workforce, I saw the needed changes and have tried to develop a system to succeed at these new challenges, and finally realizing how important time and personnel management actually is. The Marine Corps is no different. Time and personnel management are probably one of the largest problems within our unit. Personnel spend more time away from their work areaââ¬â¢s either talking, smoking or just wandering around rather than working. I will identify each area and provide my solution to correct these problems to produce a more efficient and productive way to accomplish daily tasks in a timely manner. Effective time management is one of the most important factors for succeeding in basically any task. In my many years serving in the Marine Corps, the one thing weââ¬â¢ve prided ourselves on is that leadership is taught to us at an unusually young age. We are taught that our decisions put Marines lives in danger so make the right one. But when it comes to time and personnel management there is a serious problem that burdens our daily processes. Some people might not think that time management is important. The first part in addressing these problems is to evaluate the process to show Marines the time loss factor in their work process. The main cause is procrastination. This is more than just a negative custom that needs to be weeded out of the Marine Corps. It has always been a sort of joke, or a boas... Free Essays on Management Problems In The Military Free Essays on Management Problems In The Military Management Problems in the Military From a young age I was told I had my entire life ahead of me giving me the impression that time is something there is plenty of. But as I grew up and went to school, all I had to do is go there, sit until the classes ended, and then go home and do whatever I wanted. I managed to do all of my homework between classes and nothing was left for home. Then onto college where I quickly learned that in college it wouldnââ¬â¢t work the way that it had worked through school. As an adult itââ¬â¢s the workforce, I saw the needed changes and have tried to develop a system to succeed at these new challenges, and finally realizing how important time and personnel management actually is. The Marine Corps is no different. Time and personnel management are probably one of the largest problems within our unit. Personnel spend more time away from their work areaââ¬â¢s either talking, smoking or just wandering around rather than working. I will identify each area and provide my solution to correct these problems to produce a more efficient and productive way to accomplish daily tasks in a timely manner. Effective time management is one of the most important factors for succeeding in basically any task. In my many years serving in the Marine Corps, the one thing weââ¬â¢ve prided ourselves on is that leadership is taught to us at an unusually young age. We are taught that our decisions put Marines lives in danger so make the right one. But when it comes to time and personnel management there is a serious problem that burdens our daily processes. Some people might not think that time management is important. The first part in addressing these problems is to evaluate the process to show Marines the time loss factor in their work process. The main cause is procrastination. This is more than just a negative custom that needs to be weeded out of the Marine Corps. It has always been a sort of joke, or a boas...
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