Liferay East Coast Symposium

Liferay East Coast Symposium

Logistics

* Starts: May 10, 2011 08:30
* Ends: May 10, 2011 18:00
* Timezone: (GMT-5) Eastern Time (US & Canada)
* Location: Washington, D.C.
* Region: North America


Description

Liferay's third annual East Coast Symposium is a great opportunity for learning, knowledge sharing, and networking about enterprise portals, content management, social collaboration, and the #Liferay platform. An overview of the event:

* Business and technical tracks, sessions, and presentations by key Liferay leaders
* Special workshops and trainings for hands-on learning and activity
* Client case studies discussing how Liferay has provided solutions for their organizational needs

Sessions are led by Liferay executives, core architects and technical leads, key community leaders, as well as key clients and partners.


Fulcrum’s CEO – Rajesh Sinha is one of the speakers at this event along with other industry leaders. He will be discussing Fulcrum's thought leadership in Higher education domain. He will also be discussing the future of Liferay and its relevance for various industries by sharing some of the success stories Fulcrum have had working with various large organizations.

Leadership — It's (Much) More than Position taken from HBR

Walk into any organization and ask people to name a leader and the most frequent response will be the name of the CEO. This conflation of "leader" with "person at the top of the hierarchy has been reinforced by legions of academics with access to samples of people holding supervisory positions and claiming to be studying leadership. Estimates suggest that 84% of leadership research between 2003 and 2008 equated leaders with formal supervisors.

It is true that people holding positions of authority in organizations can be leaders, and it is certainly true that individuals holding such positions often have more freedom and autonomy to take leader-like actions. Yet, most of us have seen people in such positions who are decidedly not leaders. And we have likely all seen extraordinary acts of leadership from people who do not occupy supervisory positions. Bob Quinn argues persuasively that leadership is a state that individuals, in positions of authority or not, might enter and exit at various times in their work lives.

When we relax the common presumption that leadership is reserved for those with lofty job titles, our conceptualization shifts from saying, "she is a leader" to examining how, "she is leader like or a leader" in a particular situation. This opens up all sorts of new questions and avenues of research. Two examples:

First, if anyone can lead from any level in an organization, then just how does leadership get established in a workgroup or collective setting? How does leadership become what scholars call a "social fact," such that there are identifiable leaders and followers? In one sense, this occurs through a social process in which some people actively claim the identity of leader through their words and actions, and others, similarly, grant it to them. Watch any group of new MBA students tackling a group project, for example, and you will see much claiming of a leader identity and some (though less) granting of that identity as well. Some quite happily forego the often positive rewards associated with the identity of leader in most organizations to avoid the risks they see as associated with leading. Understanding how individuals actively negotiate both leader and follower identities and how those identities change over time and across situations is important.

Second, if anyone can lead from anywhere, there may be multiple people trying to lead at the same time. Some individuals believe, often unconsciously, that there can only be one leader in the group, and hold a pretty tight set of assumptions about what attributes that leader possesses. But others believe — as we do — that leadership can be shared and enacted by multiple people simultaneously. In companies, depending on how those assumptions play out, there will either be a competitive marketplace for leadership, or a more dynamic shifting of leader and follower identities over time as members both lead and follow in the accomplishment of group goals.

As these two examples remind us, we are often prisoners of our original conceptions (in this case, of leadership). It would not occur to us to study either of the above questions if we simply thought of leaders as people in positions of authority. And yet, as organizations engage in more complex, dynamic, and creative work, they have to rely more and more on leadership from all levels. New questions about leaders and leadership examining the social processes by which people at any level get constructed as "leaders" and the social dynamics of shared leadership as it unfolds in collective settings are essential to understanding the realities of leadership in contemporary organizations. There will come a time when the "organizational man" perspective is insufficient. And that time is now.

20 Indicators Your Financials are Wrong By Ken Kaufman

Not too long ago I was asked to review the financial statements for a struggling company. This business had several years of fantastic performance, but the business was out of cash and needed desperately to correct its course. The financial statements depicted a strong, healthy company with plenty of liquidity to handle its obligations and demands. Yet the bank account was empty. Something was not right.

Upon further investigation, the financial statements were not correct. The issue went back for more than 18 months, meaning the company had operated for over a year with an incorrect understanding of its performance and direction. You can imagine the frustration and anger expressed when the owners of this company realized they could have avoided most, if not all, of their current issues if they had received accurate information that helped them identify their problems.

Here are 20 indicators that will let you know if you aren't getting accurate information.

1. Revenue Incorrectly Recognized

If your customer pays you up-front for a product in May, and then you deliver the product in June, you should recognize the revenue in June. Each industry has different criteria for revenue recognition, but it needs to be right so the financial statements are accurate.

2. Missing Matching Principle

If you pay $100 for an item in May and then sell it for $200 in June, you should recognize the $100 expense in June when you earn the revenue.

3. Gross Margin Variability

Any issues a business has with numbers one and two can cause the gross margin of the business to change more than a few percentage points each month. This should never be the case unless your business has undergone a significant change in its business model.

4. Period Cost Timing

Why did you pay $4,000 in rent in January and $0 in February (you didn't move, did you)? Most likely January and February rent payments were both entered in January. This is just one example of period cost timing issues.

5. Discounts Buried

If your business gives discounts, you should be able to see them on your Profit & Loss so that it can be measured. After all, it really is an investment into customers. Don't bury discounts against your revenue; illuminate them to track your return on this investment.

6. Bad Debt Neglected

Don't decrease your revenue when you write off your bad debt. You should expense it. It is a cost of doing business and it should not hurt all the work you are doing to correctly recognize revenue.

7. Divisional Profitability Hidden

Every time I have ever helped a company separate its divisional stand-alone performance, the business owner was shocked to learn which divisions were subsidizing the others. Do you have more than one department, division, or location? If so, you need to break it out.

8. Job Costing Forgotten

Looking at a profit and loss statement by itself will never give you all the information you need to know about your profitability. Use job-costing (or similar approaches for other industries) to find and improve your profit drivers.

9. Balance Sheet Reconciliations Dismissed

Every account should be reconciled every month, not just the bank accounts.

10. Accounts Receivable

Have an answer for why each and every invoice over 60 days past due has not been paid. If any of your answers are not truly legitimate, write it off and send it to collections.

11. Pre-Paid Item Indifference

You pay your general liability insurance every year in February. As a result, February is always one of your worst months because it bears the brunt of all twelve months worth of insurance. Book it as pre-paid and share the "love" through the entire year.

12. Physical Inventory Lost

It does not matter how good you are, how nice you are, or how smart you are. You still need to do a regular physical count of your inventory. If you have inventory, properly managing it will make all the difference to your cash flow.

13. Depreciation Debacle

Just because your tax CPA depreciated your capital expenditures last year does not mean that last year should carry the burden. Keep your depreciation on a straight-line or more appropriate basis and spread it out over a realistic lifetime of each of your assets.

14. Fixed Assets Expensed

There are differing opinions here, but pick a dollar amount, like $1,000, and capitalize anything that costs more than that and will have a life of more than 12 months in your business. Forcing one month or even one year to carry the weight of fixed asset purchases is not accurate — that is why we have depreciation!

15. Payroll Liabilities Overlooked

Reconcile this account to zero every month to make sure you stay on the good side of the IRS, your state, and any other agencies or companies to whom you owe money from payroll.

16. Long-Term and Short-Term Debt Confused

If you buy a new vehicle for your business and you finance it over four years, the portion due in the next 12 months needs to be a short-term liability and the remaining balance is a long-term debt.

17. Principal and Interest Jumbled

The principal and interest portion of each loan payment needs to be properly coded rather than applied to an expense account called "Loan Payment."

18. Retained Earnings Miscarried

The name of this balance sheet account is exactly what it means: The accumulation of all of the losses and profits that have not been distributed from the company. Appropriate journal entries need to be made at the end of every year to make this balance correct.

19. Owner Compensation Confused

Owners receive compensation in one of three ways. Make sure to code each one correctly.

20. Statement of Cash Flow Ignored

Most businesses don't have to worry about the accuracy of their statement of cash flows because they ignore it altogether!

Accurate financial statements are critical to building a successful business. Give heed to these indicators and you will be well on your way to accuracy.

Ken Kaufman, Founder & CEO of CFOwise®, serves as the Chief Financial Officer for a dozen start-up, emerging, and medium-sized businesses. With almost two decades of experience and as an adjunct professor and published author, Ken focuses his professional efforts on helping entrepreneurs maximize cash flow, improve profits, and obtain clarity.

10 Awesome Companies Built by Teens

Apr 23, 2010 -
The entrepreneurial spirit starts early for many teenagers, but for most things like high school, college and social lives overpower the urge to start a business.

But not every teenager.

Occasionally there are a few really driven youngsters who actually create successful companies before they are old enough to vote, buy alcohol, or even drive. Here are 10 inspirational stories of some incredibly successful young entrepreneurs, who all started their empires in their teens.

1. Fred De Luca

In 1965 Fred De Luca borrowed just $1,000 to start the now-famous Subway sandwich restaurant. Fred was only 17 years old when he decided to be an entrepreneur, and he started the restaurant as a way to earn money for college. Since opening the first shop in Boston, the chain now has 32,401 locations and makes over $9 billion in sales yearly. Fred and his co-founder Peter Buck have also founded Franchise Brands, a resource to help franchisors and entrepreneurs grow their brands.

2. Mark Zuckerberg

Mark Zuckerberg created the software that would eventually become the popular social networking site Facebook while he was at Harvard. He launched the site from his dorm room, and since that day has become the youngest self-made businessman who is worth more than a billion dollars. Zuckerberg dropped out of college and became the CEO of the fastest-growing site on the Internet. Facebook has since recorded over 400 million users and is now one of the most successful Web sites ever built.

3. Matt Mullenweg

Matt Mullenweg is another software developer who found success at a very early age. When Matt was 19, he announced that he would be starting an open source initiative for better blogging software and started Wordpress. Since then the software programmer started Automattic, which has two flagship products Akismet, a trap for site comment spam, and Wordpress.com, the hosted version of the open source Wordpress software. Since founding Automattic, the company has raised over $30 million dollars and owns some of the most popular software on the Web.

4. Anand Lal Shimpi

Anand Lal Shimpi started AnandTech in 1997, when he was only 14 years old. The original AnandTech Web site was hosted on a GeoCities platform. What started as a simple hobby grew into one of the world's largest Web sites covering computer hardware. The AnandTech forums is one of the best places to get computer advice and find tech bargains.

5. Carl Churchill

By 2020, Carl Churchill is expected to be worth $100 million. Carl founded DMC Internet in 2001 at the age of 15, and since has built an empire on helping businesses with their Internet presence. Churchill's company offers anything from wireless broadband to server security for businesses, and from its launch grew exponentially. So much so that in 2003 Churchill was listed in the Royal Bank of Scotland's "Rich List" of under 21s who would be millionaires.

6. Farrah Gray

Farrah Gray was a successful businessman before he reached his teens, and his success story is so bizarre that it's almost impossible to believe. When he was 10 Gray formed a club that raised $15,000 for financing a lemonade stand, by 12 he had started a venture capital firm that raised $1 million from investors to help teenagers start their own business. Before he was 16 he had started business ventures that include pre-paid phone cards, One Stop Mailboxes & More franchises and The Teenscope "Youth AM/FM" interactive talk show. He became executive producer of a comedy show on the Las Vegas Strip, and was the owner of a food company that had orders exceeding $1.5 million.

Gray has since become a best-selling author. In 2005 his book Reallionaire was an international bestseller, and was even endorsed by Bill Clinton. Gray has written many books since then, including co-authoring Chicken Soup for the African-American Soul. But aside from all his success, Gray started his own non-profit Farrah Gray Foundation, which gives grants and scholarships to inner-city and students with at-risk backgrounds. And he's done all this well before his thirtieth birthday.

7. Romero Bryan

Romero Bryan started designing clothes at the age of 12, and his own clothing line has taken off like a rocket. He's dressed some of the most popular people on the planet including Beyonce, Victoria Beckham, Cameron Diaz, and Alicia Keys. Romero's empire is expected to earn him over 30 million pounds by 2020.

8. Kristopher Tate

Kristopher Tate is a kind of programming wunderkind. Tate started working with HTML at age 4, before most kids have started reading. He started the photo-sharing site Zooomr at age 17 as a competitor to Flickr. Since then the company has grown into one of the top photo-sharing services on the Web. He has since moved the site's headquarters to Japan, and is involved in creating Japan's first society-based community site.

9. Jason O'Neill

Jason O'Neill has probably the most successful business created by someone under 10. At the age of 9, Jason started making Pencil Bugs, colorful pencil toppers in the shape of bugs. Aside from his business, Jason's been featured on many major network shows, not only for his young entrepreneurship, but also for his philanthropic efforts. He's donated money for foster children, and has sent his pencils to schoolchildren in Africa.

10. Fraser Doherty

While most successful young entrepreneurs make their money building popular Web sites, Fraser Doherty built his empire using a more traditional way. Fraser started making jams at the age of 14 in Scotland, and by 16 left school to work on his jam business SuperJam full-time. SuperJam sells around 500,000 jars a year, which currently has around 10 percent of UK jam market.

Wise Bread is a leading personal finance community dedicated to helping people get the most out of their money. Get daily money tips by following Wise Bread on Facebook or Twitter.
Courtesy :Wise Bread

How u can help to reduce global warming?????


These are simple ways through which every individual can help to
reduce global warming and everybody needs to do this since its
high time, So I request you at least read this and try to do whatever you can,
And trust me it gives you lot of satisfaction do be a part of something which is good work.


1 Reduce, Reuse, Recycle

Use reusable products, Use minimum packing products which includes economy size
products since it can reduce the waste which is generated after use.
Try to recycle paper, plastic, glass and Aluminum.

2 Use less heat and Air conditioning

Adding insulation to your walls and windows can help you to survive in Indian
summer and it can also reduce the need to continuous running AC.
Use geyser as and when needed dont put it on for hours because it requires lot of
electricity even if you are extra reach to pay off extravagant electricity bills.


3 Use CFL instead of other light sources

Compact Fluorescent Light (CFL) is one of the easiest way to reduce the electricity
consumption since it requires less energy and it produces less heat, and its lifetime
is also much more than other bulbs.

4 Drive less but Drive smart


Less driving =Less emission, Use bikes instead of cars if you have the options cuz
bikes needs less fuels and it generated less emissions, Make sure tires of your
vehicle is properly inflated cuz it improves the fuel efficiency it will also help your
wallet and also the nature.

5 Buy energy efficient products

When you'll buy AC, Fridge, Car, Bike you should go for the energy efficient product
e.g. If you are buying a Electronic Appliances then check the credit rating about
its energy consumption. Also choose the vehicle on the basis of fuel consumption
nowadays every range contains such product no matter whether your spending
50 lakhs or 5 lakhs.

6 Use less hot and cold water.

The reason is to increase or decrease water temperature it has to give heat and
if you can avoid it then it will surely saves some heat.

7 Use Off switch frequently

Whenever your leaving a room turn off the fan, AC, TV and lights if its not required
that will also help you to axe down on your electricity bill.
It is also a good idea to turn of the water tap when your not using it like while
brushing your teeth, Shampooing, washing your vehicles turn of the water until you
really need it.

8 Plant a tree and not the bomb.

If you have the means to plant a tree lets do it, I'll come with you take your friends
with you so while planting you can have some fun with your friends and loved ones.
If your building your new home try to have Rain water harvesting at your place also
while choosing new home you can ask one since that will help you in your water bills.

9 Use your logic and Common sense whenever possible.

There are many things where you can use your common sense to reduce the energy consumption
and I think I dont need to write more about this.

10 Encourage others

Share information you have with your family, friends, neighbors and encourage them to save
energy .

These are very simple 10 basic ways through which every individual can help
to reduce global warming and remember less energy consumption means saving of fossile fuels
since it creates greenhouse gases and these steps will also help you to reduce your budget.

YouTube turns five and how does it changed the whole world...Must read

Can you believe it's only five years old? In half a decade YouTube has changed the nature of online infrastructure, nearly caused a catastrophic policy change in the USA and given Google near-total dominance over an entire category of advertising. Now for its next trick: forcing standards-based video streaming on reluctant parties – like Microsoft.

The numbers on YouTube are just silly. In terms of users there is nothing to compare it with except the Google search engine, or Facebook, or Wikipedia. But those sites deal mostly in serving text or a couple of hundred million still images. YouTube streams well north of a billion pieces of video every day. That makes for an outrageous amount of data.

Which is how YouTube nearly killed the interweb – twice. First by suffocation, as more and more people started streaming its videos over infrastructure that, five years ago, couldn't handle the load. Lines and connections that were calculated to come close to saturation dealing with e-mail and websurfing alone were rapidly swamped by YouTube traffic, and panicky internet service providers and corporations initially blocked the website or tried to implement advanced caching. Then they scrambled to build better infrastructure and find ways to make users pay for it, rapidly giving us development that would have taken years otherwise.

However, there was a more fundamental problem, in the minds of some internet service providers and powerful telecommunications companies. YouTube pays for the transmission of half that awesome amount of data it serves (in theory only, in practice it's less). The other half is paid by those who receive it, by way of the telephone company used to get internet access. The users may consider that fair, but the telephone companies saw the equivalent of newspapers being delivered using their vans while they see none of the advertising revenue. YouTube, and Google and Facebook and other big traffic destinations, they argued, should pay to reach those customers.

The concept is socially untenable. It would mean end-users seeing slow access to their favourite online destinations unless those destinations payed a ransom to the company the customers were already paying. It would disproportionately disadvantage the funky online startups that we're counting on to come up with new ways for us to share the latest funny cat video. It would, in effect, impose an unfair tax on online success for no reason other than to line the pockets of companies providing access. But thanks to the money and lobbying power behind those companies, the United States came perilously close to doing as they asked before a powerful coalition emerged to protect net neutrality.

So you could say that YouTube brought us to the brink of disaster, forced us to face some difficult truths, and then made the world a better place. Accidentally. Now it has started flexing its muscles on purpose.

YouTube, and every other video provider, and plenty of music streamers, use Adobe Flash to embed a stream in a standard web browser. By continuing to use that clunky, proprietary software over the far more clunky and jealously guarded alternatives from Microsoft, Apple and Real Networks, YouTube effectively nixed their ambitions to become the de facto standard for online video. Now it is killing off their last chance, in small increments, by championing HTML5.

HTML5 is the upcoming upgrade to the language in which webpages are encoded. It's been six years in the making, and it promises to make coding simpler for developers and viewing faster for users. Among it's coolest features is a tag for embedding video. Behind that tag can sit an any number of formats of the same file – MP4, H.264, Theora – and the accessing web browser simply selects the first one it supports. Never again the dreaded message "You must install RealPlayer to access this content" or "Your version of Flash does not support this video". It heralds a world where online publishers need not choose the best of a bad lot, but can simply support everybody. And that is not a world palatable to the likes of Microsoft or Apple, both of which feel a dire need to capture market share through format dominance.

Google, which bought Youtube less than two years after it was founded for what was then considered outrageously expensive $1.65 billion, does not want Microsoft or Apple (or anybody else) to own the dominant video format. So it has become the biggest early tester of HTML5. Your browser doesn't support HTML5? Google launches its own browser, Chrome. Need to use Internet Explorer at work because that's all your IT department supports? Google launches a Chrome framework that effectively subverts IE and makes it HTML5-compatible. The final blow will be the day that YouTube switches off Flash and starts streaming only to HTML5 browsers. On that day all browsers will be HTML5 compatible or they will perish in the flames of user outrage.

By buying YouTube, Google took control of the entire online video advertising market, from embedding video ads before the content users want to layering text ads on top of playing video. It also bought itself a huge amount of influence on the future nature of the interweb. This is only its first use of that influence.


http://www.youtube.com/watch?v=_OBlgSz8sSM&feature=player_embedded
the first video on Youtube I am sure most of you must have laughed tonnes over it.Guys I hope people like these and innovations like these comes again and again and makes our life more powerful and more beautiful ....
Cheers to Youtube.......

3 A.M to 4 A.M

29 the jan 2010
This (poem) is wrote down on 29th jan at 4:45 AM
I left my place and went to have tea with some s***a's at aunty's place at crossword
and then these things happened ,everything is true in fact while Coming back I went to my old house I parked my bike and while i was climbing the stairs I realised that I left this place some one month back to rent new place and then when I came back home I worte this down , Its one of the best thing i've ever put it down on paper according to me.......

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At 3:am I left my house,
to find the peace and the dark dawn
I went to the place but it was bright
with no peace and all was loud

I had my thoughts
I clean it out
I left it right
but all went wronggggggggggggggggggggggggg

I miss my mom
I miss my dad
I miss my girl
I miss my world
I miss the tunes
I miss the noon
I miss the river
I miss the silver

Heard "Knocking on heaven's door"
fuck it knocked me down
cuz i got the cops
they got me bribe

I miss my way
I miss my play
I miss my friend
I miss my train
I miss my mom
I miss my girl
I miss my moon
I miss my gold


This aint no song
This aint no sad
This aint no life
This aint no mine

At 4: A.M I dont miss anything....

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