Kiva Donation- Helping a Budding Manager in South Africa


I thought I owed it to the class to at least tell you where my $25 Kiva donation went to.  I’ll take you through my thought process first.  I figured I would look to donate within the category labeled “Education” because we are all college students in a class together.  I figured we would want to promote the idea of education.  That narrowed it down to a few students looking for loans to help them pay for classes.  I then read a few of their stories and decided that Siboniso was the choice for me.  He is a Business Management student of the Maharishi Institute.  I thought that many of us in the class are management majors so we could relate to him.  He is also looking to work in the finance department for Anglo American, which I personally related to because I want to work in finance as well.  Here is a picture of Siboniso:

Siboniso

Siboniso

Here is also the story of Siboniso from the website:

A loan of $2,050 helps Siboniso to pay for one year tuition fees and living expenses at the Maharishi Institute.

Siboniso is a Business Management Student of the Maharishi Institute. Siboniso is 21 years old and was asked the following questions by a staff member of the Institute:

What do you study at the Maharishi Institute and what classes do you enjoy most?

“I am currently studying a business degree at Maharishi Institute. The classes that I enjoy most are Higher States of Consciousness because they help to connect with the inner being.”

What are your goals after graduation?

“My goal after graduating is to work for Anglo American in the Finance Department then start my own warehousing and logistics company. I would like to work within the city of Johannesburg so that I don’t travel much.”

Tell us about your background.

“I was born and raised in Katlehong, east side of Johannesburg. I stay in Katlehong and I have four brothers and one sister. My father works at Afrox as a part-time driver and my mother works as a consultant for Old Mutual. I am not married and I don’t have any children or kids.”

What do you do in your spare time?

“In my spare time I like to read and cook because I love cooking and if I’m not doing those two, I also like to search for something on the internet.”

How will the Kiva loan change your life?

“The Kiva loan, for me it will do some significant changes both in my life and studies. Firstly I know that I will get to school or I will be able to go to school every day no matter what and secondly the Kiva loan will give me an assurance that my tuition is secured and covered.”

If you want to see the actual profile, just click here.  You can donate more if you feel like.  Our small, yet heartfelt donation helped achieve more than 1% of his donation needs.

A College Student’s Nightmare: Life Without Facebook


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What would we all do in our spare time without Facebook? Whenever a spare moment, it is commonplace to see people checking their Facebook wherever you go. Many of us would probably admit to being slightly or even completely addicted to the social website. For the people who are heavy users and update their Facebook page on a daily basis, it is interesting to wonder what would happen if their Facebook suddenly just disappeared.

Behold, the terrible reality of life on Earth without Facebook!

The Social Network 2

This parody highlights how so many of us have unthinkingly turned to social networks as the means to organize all of our social events, to the point where just asking a crowded room of people to a future event seems hopelessly disorganized.

Before the mobile phone, for instance when my parents were my age, people would make a greater effort to meet at a pre-arranged time and place, knowing that there was no way of informing the other party of changed plans at the last minute. If the Facebook event option of clicking the “maybe” button were to be removed, people might actually commit to a “yes” or “no” more often.

In reality, most of us invest an enormous amount of our time into this virtual social world that could feasibly disappear. Not only would the millions, even billions of photos and content that were exclusively uploaded to Facebook be gone forever, but the relationships forged within the site would be gone as well. For instance, you may be Facebook friends with an Australian or Russian, and Facebook has served to remove the geographical boundaries that exist between your two separate locations. Without Facebook, this friendship would most likely be gone. Unless of course you had taken note of their email address before the site was shut down.

In terms of business, the loss of Facebook would strip brands of an extremely effective marketing and PR tool. Having a presence on Facebook has afforded brands the opportunity to speak to their customers in a more direct and personable manner than ever before.

It is clear that Facebook is firmly entrenched as a vital part of our work and play time than we may realize. It also suggests that there is no going back. Social media is now a permanent feature of our world.

The Huffington Post recently posted a video entitled, “ What if Facebook Disappeared Tomorrow?” Feel free to watch here:

 What If Facebook Disappeared Tomorrow?

What are your thoughts? What do you think would happen if Facebook just disappeared?

 

Do You Agree with the Campus Climate Report? (Mike’s Wish)


PLEASE read the following before you vote!  In other words, vote about the report, not “what you heard” it says.

Also, the link is below to the poll.

From its Executive Summary (note- this is a White Paper, essentially!)

THE PHRASES IN [] ARE JORDI’S SUMMARY.  This is to make poll easier.

The most significant problems include:

1)    [Lack of Engagement] Lack of student intellectual engagement outside of the classroom.

2)    [Greek Dominance] Fraternity and sorority activities dominate the campus social like with few students participating in non-Greek social opportunities.

3)    [Drinking & Party Culture] Excessive alcohol consumption combined with a party atmosphere, which leads to inappropriate behavior

4)    [No Space] Lack of social space on campus that facilitate non-greek social activities

5)    [Unhealthy gender dynamics] Unhealthy and unequal gender dynamics that disempower women students

6)    [Sexual assault] Sexual assault and ignorance regarding what constitutes sexual assault

7)    [Homogenous] Lack of diversity that leads to students form underrepresented backgrounds having difficulty fitting in to Bucknell.

Recommendations:

1)    [Students catalyze] Engage, educate and empower our students so that they can be key catalysts for improving the campus climate

2)    [Transfrom party culture] Transform Bucknell’s party culture, creating a healthier social environment for our students to develop the ability to interact in productive and mature ways

3)    [Reduce dominance of Greek Life] Reduce the dominance of Greek life, thus establishing a more equitable social environment

4)    [More engaged] Promote a more intellectually and civically engaged student body

5)    [Heterogeneous] Increase diversity of our student body, provide support for all students, and foster an environment of respect among all

6)    [Improve gender dynamics] Improve the gender climate so that female students experience positive interactions with their peers

7)    [Zero rape tolerance] Increase education regarding sexual misconduct and create a climate of zero tolerance for sexual assault

8)    [More Spaces] Improve and increase social space on campus, so that small and large groups of students have places to meet for intellectual and social activities

9)    [Engage fac staff admin] Educate and train faculty, staff, and administrators about the campus climate so that the can provide leadership to change existing dynamics

10)  [High priority] Demonstrate broad and sustained institutional commitment to change, providing leadership and resource where they will have the greatest impact

A Clutch of Break Goodies


Here is just a clutch of good randomness that has been accumulating on my desktop…

PS featured image is Simon Johnson.

Bucknell and Truth

Bucknell gets unexpected reward for being honest about a mistake.  Is this worthy of an ethical snap?

Net Neutrality?

What the hell is net neutrality?  Baratunde Thurston  one of our tech/no speakers, explains it so well, it got picked up by Raw Story.   I love how Bucknell can be a producer of information and wisdom and not just a user. 

Organization Theory is Cool

A book review about organization theory I really need to read.  Orgtheory.net is the one blog I wish I read more.

Learn from Nice Rich People

Lessons for failure and management from philanthropists.

We are drowning in deficit! (are we?)

Compare your answers to the US public and, um, the reality.

Change Doesn’t Happen.  Until it Does.

From AFL-CO vs Home Depot, through Frank-Dodd, to Citigroup.  Is corporate governance and executive compensation changing?  Maybe.  Read abotu some pretty big changes at the link.

Is a Tax Better than Regulations?

You want policy ideas?  You like finance? You dislike “regulation” that tries to dictate firm behavior?  Try this one.  Instead of trying to tell financial firms what they can or can’t do, how much capital to have on the books, and so on, how about you tax a vice- like we do with alcohol and tobacco- and simply tax financial transactions to make trading for the sake of microscopic gains on immaterial price shifts non-economic?  Read. here about Europe’s experiment with a different, and I would argue,  less intrusive form of regulation to change financial markets and firms.

You want even more financial regulation news?

You are really, really troubled.  I hope Vinny, Loukas, Mike, and… (who else are finance jocks?) are reading this. Simon Johnson.  yes, THAT Simon Johnson, had this blog post about the 12 “angry bankers” of the Fed and their ideas to push for transparency in money market fund valuations as part of the (yes, that same one) Frank Dodd bill reforms that created the systemic risk council.  In a nutshell, the financial industry does NOT WANT such valuation while the regulators do.

I am never surprised when practicing “capitalists” fight against actual free markets (with liquidity and transparency).  Businesspeople are often, perhaps usually anti-capitalist if you define capitalism not as maximum wealth accumulation, but as free markets that expand the prosperity of a society.  Am I alone in seeing this?