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Tuesday, June 26, 2012
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213 miles up, Chinese astronauts achieve milestone
A trio of Chinese astronauts?successfully?manually docked their space capsule to a prototype orbiting?module?on Sunday.
By Clara Moskowitz,?SPACE.com / June 25, 2012
This still from a CNTV bradcast shows the view from a camera aboard China's Shenzhou 9 space capsule shows the spacecraft just after it was manually docked to the Tiangong 1 space lab by astronaut Liu Wang on Sunday.
CNTV/CCTV
EnlargeThree Chinese astronauts manually docked their space capsule at an orbiting module Sunday (June 24), a major first for China's space program and the country's plans to build a large space station.
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The astronauts docked their Shenzhou 9 spacecraft with the unmanned Tiangong 1 module 213 miles (343 kilometers) above Earth. It was the second orbital linkup in a week for the two spacecraft, which performed?China's first automated space docking?June 18.
Shenzhou 9's astronauts Liu Wang, Jing Haipeng and Liu Yang ? who is China's first female astronaut ? are the fourth Chinese crew to fly in space. The astronauts launched into orbit on June 16, atop a Long March 2F rocket from the Jiuquan Satellite Launch Center in China's northern Gansu province.
Tiangong 1 has been in orbit since September 2011, and was part of China's first robotic docking with the unmanned Shenzhou 8 capsule in November. The Shenzhou 9 crew made their first docking with Tiangong 1 June 18, marking the first time a manned Chinese spacecraft has docked with another vehicle in orbit. [Shenzhou 9: China's 1st Manned Space Docking (Pictures)]
Earlier today, the astronauts undocked the two spacecraft and flew Shenzhou 9 about 1,300 feet (400 meters) away. They then maneuvered their capsule by hand, with Liu Wang at the helm, back into docking configuration with?Tiangong 1?at 12:48 p.m. China Standard Time, or 12:48 a.m. EDT (0448 GMT).
"The success of the manual rendezvous and docking mission represents another important phase achievement of the Shenzhou 9 and Tiangong 1 rendezvous and docking mission," Wu Ping, spokeswoman of the China Manned Space Program, said during a press briefing following the docking. "The three astronauts will once again enter the orbiting module of Tiangong 1 to carry out scientific experiments."
The mission's docking maneuvers are a milestone in the development of China's manned space program, which flew its first astronaut in space in 2003. Tiangong 1 (which means "Heavenly Palace" in Chinese) is a prototype for China's first manned space station, which officials say will be functional by 2020.?
China is the third country after Russia and the United States to fly astronauts into space.
After today's docking, the Shenzhou 9 astronauts (known as taikonauts) received a message from a group of Chinese oceanauts who are setting records not above the ground but below it.
"We wish for a great success of the manual docking and brilliant achievements in China's manned space and manned deep-sea dive causes," read a message sent by three crewmembers aboard the Chinese submersible Jiaolong, 7,015 meters (23,000 feet) beneath the Pacific Ocean in the Mariana Trench, the deepest spot on Earth, state-run newspaper Xinhua reported.
The oceanaut crew?set a new deep-diving record?for China on June 22.
Shenzhou 9 and Tiangong 1 are due to stay connected for four more days, with the crew departing June 28 and landing back on Earth June 29.
Follow Clara Moskowitz on Twitter?@ClaraMoskowitz?or SPACE.com?@Spacedotcom. We're also on?Facebook?&?Google+.?
Copyright 2012?SPACE.com, a TechMediaNetwork company. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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average is kaput ? A STC Classic - Sales Training Connection
A Sales Training Connection Classic
We all have a favorite author or two whose new works we wait for with some anticipation.? One who has been on our top ten list for quite a while is Thomas Friedman.
As we were perusing his new book ??That Used to Be Us ? the title of Chapter 7,?Average Is Over, caught our eye.? Freidman and his coauthor Michael Mandelbaum make the point that it is increasingly difficult to standout from the crowd in a world that is growing larger and more connected.
The authors go on to craft the argument that ? what was average work ten years ago is below average today and will be further below average ten years from now.??? Based on this trend the authors conclude: ?everyone will need to raise his or her game just to stay in place, let alone get ahead.? In this environment everyone needs to find or develop their??extra? ? that unique talent, skill, or commitment that will separate them from the pack.
Although the authors framed the discussion in broad political anthropological terms, the message seemed equally valuable for those of us concerned about specific areas of performance like sales effectiveness.
Let?s explore the forces that are driving the importance of this message for companies selling in the B2B market.
- Marketplace. Due to globalization and advanced manufacturing technology, it is becoming more and more difficult to differentiate by product alone.? Today when you have a superior product, a competitor is likely to market one that is equally good and cheaper in half the time of yesteryear.? Under these conditions a sales force needs to be a competitive advantage, as opposed to, just being able to sale one.? This requires the skills to create value rather than just communicate it.
- Customer-Base. In many markets the economic uncertainties of the last several years have lead to transformational changes.? What companies buy, how they buy, and what they are willing to pay for it are all constantly changing.? And, it is likely this environment of change will be the new normal.? This means that a sales person involved in complex B2B sales will not be able to stay ahead of the game simply by doing a better job doing what they are doing.? The ?extra? in their case will involve learning new skills and learning to apply their existing skills under a new set of market conditions.
- Competition. During any period when seismic economic shifts occur, a new set of winners emerges.? Some companies have already made the leadership choices and additional commitments to become members of that win-the-future club.? They recognize the necessary changes to ?get ahead of the game? will not occur by following a business-as-usual approach.? They buy the notion that additional leadership and investment are necessary to maintain a sales force that can be a competitive advantage in the future.
For those companies who have not address this idea that ?average is kaput,? the question becomes why not??? Is it assumed the premise by Friedman and Mandelbaum is simply wrong when applied to the sales function?? Or, is it the premise is right, but doing what they are doing is sufficient? ?Or, business-as-usual is a winner by default because of budget or political constraints.? The worse case is not addressing the question and not arriving at a thoughtful answer? ?and as a result: taking too little action, too late.
If you found this post helpful, you might want to join the conversation and subscribe to the?Sales Training Connection.
?2012 Sales Horizons, LLC
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Monday, June 25, 2012
BlackBerry maker's cash burn emerges as pressing concern
TORONTO (Reuters) - While Research In Motion Ltd focuses on the make-or-break launch of its next-generation BlackBerrys later this year, a more immediate question for the embattled company is whether its cash can hold out until the new phones finally hit the market.
RIM has already told investors to expect an operating loss when it releases fiscal first-quarter results on Thursday. With that in mind, the focus is now squarely on whether RIM, by reining in costs, mostly through job cuts, can buy enough time to get its shiny new smartphones into the hands of consumers.
"All I care about is cash. This is a distressed situation so focus should be on cash," said Matthew Thornton, an analyst at Avian Securities in Boston.
"If they're not cutting operating costs fast enough, then cash can drop off very quickly, and that's going to have implications for the stock and the valuation," he said.
RIM has no debt and roughly $4 a share of cash and investments, a cash pile Thorsten Heins, the company's new chief executive, has said will increase this quarter. But bankers say RIM could blow through that $2.1 billion very quickly trying to right the ship.
If cash dwindles to the point where operations suffer, analysts say RIM may have to take on debt at unfavorable terms or issue dilutive stock at a discount to its already low price. Such scenarios would only heighten the sense that RIM's very survival hangs in the balance.
The stock is hovering at eight-year lows around $10, little more than double what the company earned per share in its last fiscal year and a fraction of the glory days near $150 in 2008.
STAKES ARE HIGH
Investors are also hoping that RIM will provide a more specific timeline for launching the new BlackBerry 10 lineup, still considered the company's only long-term hope for a turnaround.
They also want to hear that a popular hand-set maker such as Samsung Electronics Co Ltd is looking to license RIM software.
That's one of the potential goals of an ongoing strategic review being conducted for RIM by J.P. Morgan Securities LLC and RBC Capital Markets. The bankers are assessing potential licensing and partnership opportunities and questioning whether RIM should be broken up or sold.
The stakes could not be higher for RIM, which in a few short years has fallen from being the leader in smartphones to an also-ran with uninspiring products, delayed launches, service outages and other embarrassments.
"It's a very tragic story. This company was a powerhouse and they squandered it," said Shaw Wu, an analyst at Sterne Agee in San Francisco. "Right now it's about staying alive, it's about survival."
The Canadian company's troubles - and its decision to hire bankers earlier this year - have fueled rampant takeover speculation as its shares plumb fresh depths.
That said, RIM is not likely on Thursday to discuss a sale, which sources close to the company have said is unlikely in the short term.
But that hasn't stopped the speculation. The Sunday Times of London wrote this week that RIM was looking to split its hardware business from its messaging network business. It pointed to Amazon.com Inc and Facebook Inc as potential buyers for the hardware business, without naming any sources.
The paper also suggested RIM could sell a stake in the entire company to a larger company such as Microsoft Corp.
But sources close to the matter have told Reuters there is little interest in RIM's handset business and that potential suitors are in no rush to make RIM an offer while its value continues to slide.
OPERATING LOSS
In late May, RIM warned it would report an operating loss for the first time in eight years as global BlackBerry sales hit a wall and subscribers have dwindled in the United States.
On Thursday, RIM is expected to post an adjusted loss of 8 cents a share in the three months to June 2, according to the average estimate of 37 analysts polled by Reuters. Revenue is expected to come in at $3.15 billion, a 35 percent decline from a year earlier.
It would mark the fourth time in five quarters that revenue has tumbled, bringing it back to levels last seen three years ago. In the last two quarters, RIM has written down the value of inventory it is struggling to move. Another writedown is widely expected.
The new CEO Heins has staked the company's future on Blackberry 10. With an all-new operating system, it is designed as RIM's answer to Apple Inc's iPhone and a range of devices using Google Inc's Android software.
The launch is not expected until October at the earliest. Initially, it will be a touchscreen-only gadget, while versions with its famous physical keypad will follow, likely by early in 2013.
It will take several more quarters before the BlackBerry 10 could be judged a success or failure, and RIM is expected to shrink sharply in the meantime.
"They need to align their cost structure to accept the new reality" of much lower revenue, said Sterne Agee's Wu, who questioned whether RIM should be focusing so much on the BlackBerry 10 launch.
RIM plans to cut costs by $1 billion by early next year, in part by slashing its workforce for a second time in a year. It has already cut loose one of its manufacturers as it moves to clear out inefficiency in its supply chain and operations.
RIM has said it will cut a "significant" number of jobs, without providing more specifics, and will soon part ways with Celestica Inc as it consolidates manufacturing orders with its two biggest suppliers, Jabil Circuit Inc and Flextronics International Ltd.
Two sources close to RIM told Reuters last month that the company plans to employ around 10,000 people by early next year from 16,500 currently, with job cuts lined up across legal, marketing, sales, operations, and human resources divisions.
But severance packages also weigh on the balance sheet. And while RIM can trim costs and pressure retailers to settle their accounts to improve its bottom line, it can't expand its revenue without convincing people to buy its products, said Colin Gillis from BGC Partners in New York.
"Can you remove expenses faster than revenue decelerates?" Gillis said. "And is that the right thing to do? If you have a shot with (BlackBerry) 10 maybe you burn some cash. This is not the time to be focusing on profit."
(Editing by Frank McGurty and Gunna Dickson)
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Sunday, June 24, 2012
Know More about London Property Management - IdeaMarketers.com
by Patricia Harrison
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London property management More Details about London property management here.
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