Richard Branson Is Right: Time Is the New Money | Inc.com

I want to work for a company that adopts this.

 
Richard Branson just announced he would be giving Virgin employees unlimited vacation. He’s either nuts or knows something others have yet to discover: You’ll make more money if you give people their time back.
Why We Trade Time for Money
The Industrial Age taught us the only way to make money was to trade time for it. The deal was clear, and always the same: You give me eight to 10 hours of your day, and I’ll give you some money. But in the Participation Age, something new is emerging. Companies are realizing that when you give people back their time, they will make you more money. It seems counter-logical, but it’s really quite intuitive. As usual, Branson is moving on an idea that traditionalists will only discover by watching him and the other early adapters in action.
Why Would Unlimited Vacation Work?
Why give up on a vacation system that’s been in place for 170-plus years? Because it was a bad idea then, and with a work force that did not grow up in the shadow of the Industrial Age, it’s an even worse idea today. Almost no one under 40 can relate to a time-based system that makes no sense in a results-based work world.
Branson didn’t figure this out; he’s actually a late adapter, which makes a lot of the work world archaic and completely out of touch with how to make money today. Fewer than 1% of U.S. companies give unlimited vacation. In fact, America gives the second-lowest amount in the world, behind only South Korea.
The data is in: When you give people control of their time, they make you more money. W. L. Gore Inc., the pioneer in rejecting the Industrial Age, is a $3 billion company with 10,000 stakeholders. They’ve had unlimited vacation since the 1960s and continue to grow exponentially.
via Richard Branson Is Right: Time Is the New Money | Inc.com.

TED: Hans Rosling on the HIV Epidemic

Hans Rosling’s TED talk on the HIV epidemic scared me. If the steady state of HIV infection is about 1 % of population then we are going to see about 1 million probably more because before steady state it gets worse fast and after society adjust to the HIV epidemic then we slowly stop getting worse.  People stop unprotected sex.
Watch this ted talk if you are curious

The Marcoses never really left home | Inquirer Opinion

I’d share the whole article if that wasn’t considered unethical blogging.
Just read the whole damn thing.

 
Convicted but never jailed
This transaction involved leasing out two train station terminals at below market rates to a private foundation that she herself put up and headed. Philippine General Hospital Foundation was supposed to raise funds for the state-owned Philippine General Hospital but its hospital director told me then in an interview that PGH never got a cent from PGH Foundation. Mrs. Marcos signed the contract with LRTA on behalf of the foundation even though she was also the LRTA chair.
In 1996, the Supreme Court found Mrs. Marcos “guilty beyond reasonable doubt,” sentenced her to 12 years in jail and fined her the equivalent of the anomalous contract. Dans was acquitted because the Court found “no conspiracy” between him and Mrs. Marcos.
Around the same time that the government of Fidel Ramos—the dictator’s second cousin—was prosecuting Mrs. Marcos in court, it was secretly negotiating a deal that only came to light in 1996 when former Solicitor General Frank Chavez asked the Supreme Court to stop it. The deal would have allowed the Marcoses to walk off with 25 percent of all their ill-gotten wealth—here and abroad. Tax-free. In addition, all pending criminal and civil cases against them would be dropped.
But that wasn’t all. Chavez presented a letter dated Jan. 24, 1995, from Mrs. Marcos’ lawyer to Presidential Commission on Good Government chair Magtanggol Gunigundo saying “it is further understood that $50 million will be taken from the top as approved by President Ramos and your
(Gunigundo’s) good self.”
“Where will the $50 million taken from the top go?” Chavez demanded to know as he asked to court to permanently bar all compromise deals with the Marcoses.
via The Marcoses never really left home | Inquirer Opinion.

Are Your Employees Quitting YOU?

I’m surprised by the quality of post on linkedin.
Google+ -> Awesome Pics and Tech Community
Facebook -> Vacation/Baby/Wedding Pics
Linkedin -> Career Related Stuff.
 
This is so true. A lot of people quit because they feel nobody s listening.

 
You may have heard the phrase before, or maybe this is the first time. Employees don’t quit their job, they quit their boss. It’s a favourite of mine because it’s packed with truth.
Think about it. When you’ve made moves in your career was it because of the job itself or a bad leader? It was the ol’ ball and chain, I suspect. (I do understand there are times when employees move on because they are faced with the opportunity of a lifetime, but in my experience this is the exception, not the rule.)
In my first HR job I had a heavy recruitment component to my role. I have to admit that after recruiting full time for 1+ years I was ready for a change. But I didn’t make the switch because of this alone. No, it was largely due to my manager. She wasn’t a horrible person but she lacked management experience and over time I decided she wasn’t someone I wanted to spend time with. So I moved on.
Could something have been done that would have kept me there longer? The answer is yes. Even though I was hitting the end of my learning curve with my existing duties there were other responsibilities I could have been exposed to. Plus it was a growing business so there would have been other opportunities down the road for growth and learning.
For those of you that are wondering if I left for more money, the answer is no. For a junior role, I was paid a pretty penny. I made more at that job than I did at my next two jobs. But I still left. The money wasn’t enough to hold me there. Nine times out of ten, when an employee says they’re leaving for more money, it’s simply not true. It’s just too uncomfortable to tell the truth.
So, what can be done?
via Are Your Employees Quitting YOU?.

'Dota 2': the 1,000-hour review | The Verge

 

Without the internet, there is no Dota, 1 or 2. This game is built on a legacy of organic participation and collective creativity that’s inspiring and affirming of the best aspects of the web. Its continued existence and the funding of professional competitions are also directly dependent on the engagement of its players. While I’d prefer to see more decorum and maturity among said players, there’s still a chance for these online encounters to bring disparate people closer together. Dota 2 allows me, a Bulgarian living in London, to watch an Australian in Berlin commentating on a match taking place in China between teams from Malaysia and the Ukraine. Calling this game’s headline tournament The International is as fitting a title as any in gaming.
The humbling experience of having your face repeatedly slammed in the mud is what builds the incredible loyalty and commitment that Dota 2 enjoys today. NBA player Jeremy Lin describes it as a lifestyle rather than a game, and my experience this year has confirmed that in every way possible. I have a relationship with this game. It’s built on the trust of knowing that every screw-up and every triumph is my own. At a time when gaming is growing more cinematic and prescribed, Dota is pure, unadulterated, interactive fun. No training wheels, no assistant popups, no pausing to gather your thoughts. Thank you, internet, for being this awesome.
via ‘Dota 2’: the 1,000-hour review | The Verge.

First Time: Boxing

Angela finally succeeded in dragging me to the boxing gym today.
Although I forgot the doctor’s orders to check my blood pressure before engaging in strenuous physical activities.
I found training fun and exhausting.
Unfortunately this is an automatic half day if I plan on going in the morning.
Hope I can continue this.
Aja

personal:: How to set time in ALP K2 WS-910 Blood Pressure Monitor

 
 
 
First press the power button and hold. Wait till  0 appears
Press the memory button and hold. Wait till two o appear one on top of each other. and afterwards turn into a small number mid bottom.
Press the memory  button to cycle through year month day hour and minute. Use the Power button to change the value of the current field.
 
Have to go home early not feeling well.

Online freelance workers get support from Bam Aquino | ABS-CBN News

Aquino encouraged the Department of Trade and Industry (DTI) and the Department of Science and Technology -ICT to craft an e-Commerce Roadmap that will help concerned stakeholders, especially in terms of Internet speed and access.
“The rate of Internet access has increased about 10 to 15 percent since 2010 as a whole. The more we increase our Internet usage and Internet penetration, we are looking at a space where we can generate employment,” the senator said.
Aquino also urged the Bureau of Internal Revenue and DTI to relax their registration rules and provide incentives to encourage online-based workers to get into the formal economy.
“Let’s not cast fear among the online freelancers, if we can get them into a nurturing environment, we can actually help their businesses grow. Once they grow, they will provide employment, provide for their families and it will go back to the economy anyway,” he said.
“Let’s review the Barangay Micro Business Enterprise Law or BMBE Law –which exempts a business owner from paying income tax as long as its assets are not higher than P3 million, and see how it can be applied to online freelancers.”
via Online freelance workers get support from Bam Aquino | ABS-CBN News.

The Blackmagic Production Camera and Pocket Camera: A Review | Filmmaker Magazine

If I had a bucket list it would include making movies people love. File this one on stuff I’d eventually use for this I’d love to do someday!

 
Why do I prefer Blackmagic cameras? Really simple: I like the picture quality.
I reviewed the Cinema Camera for Filmmaker last fall, so now I’m going to focus on the Production Camera — which I tested for two weeks in July — and, to a lesser extent, the Pocket Camera, which I’ve owned since January.
via The Blackmagic Production Camera and Pocket Camera: A Review | Filmmaker Magazine.

Good friends are hard to find – and even harder to keep | Tim Lott | Commentisfree | The Guardian

I do not know what I am doing right to have kept such good friends for so long, but it is certainly worth pointing out that none of them have got to the present point without negotiating moments of crisis. In each of my closest friends there have been moments when the friendship has nearly foundered – but we somehow came through them to a relationship that was stronger than it was before the crisis.
The nature of friendship changes, and you have to change with it. Once, hopefully, I fascinated my friends and charmed them. After 40 years, I am sure I often bore them – and that is inevitable. A good friendship, like a good marriage, ceases after a while to be a mutual entertainment society and becomes instead a sorority or fraternity of battle-scarred veterans. We are still here, we still enjoy being around each other, and we treasure our shared histories. This is something precious, even if it isn’t always a laugh riot.
Is there a secret to long friendships? Simply this – an absence of pride. Too many falter on stubbornness or the determination to hold on to offence. Successful ones rely on humility and the recognition of human fallibility. These are not merely useful attributes. They are the heart and soul of friendship.
via Good friends are hard to find – and even harder to keep | Tim Lott | Commentisfree | The Guardian.