Cause for concern

first_imgRadcliffe Fellow Erica Caple James, M.T.S. ’95, Ph.D. ’03, is a Harvard-trained medical and psychiatric anthropologist. In the mid-’90s, she was studying rehabilitation programs for post-conflict rape and torture victims in Haiti. Then another kind of research caught her eye: the dark side of charity, a human endeavor you might not think has one.After all, said James in a lecture this week, Christians — for one — believe that charity is “a spiritual state in which one extends love, empathy, and compassion toward others without judgment.”Charity is also both “a sentiment and an action,” and allows moral values to take on a physical expression, said James, a one-time divinity student.But she discovered that the moral imperative of giving sometimes clashes with the mechanisms of giving, she said. When faith-based organizations become “the apparatuses of governmental security and policing,” these organizations get caught between “the poles of compassion and repression.”James — who is on leave from the Massachusetts Institute of Technology — will use her year at the Radcliffe Institute for Advanced Study to write an ethnographic account of how faith-based social service organizations become the sometimes uncomfortable agents of state governance.Take the United States Conference of Catholic Bishops. It is now the largest U.S. resettlement agency because of its subcontracts with the federal Office of Refugee Resettlement. Through Catholic Charities, the group runs residential refugee centers, including Miami’s “Boys Town,” which James visited in 2004.This residential center for Haitian children — since renamed the Unaccompanied Minors Program at Monsignor Walsh Children’s Village — was an outward sign of charity for children whose parents had died and who had experienced trauma in their native country.But Boys Town was also a self-described “soft detention” facility that James said was part of a federal system that “surveys, polices, detains, and expels” unlawful immigrants.She described her visit to Boys Town as “deeply troubling” — and one of many experiences during her research that “provoked … moral and ethical questions about the relationship between charity, security, and disparate treatment.”Mixing faith-based charities with government imperatives also creates another class of problems, she told her audience of 60 at the Radcliffe Gymnasium: The charities themselves may clash with the more secular aims of federal programs.James used the example of the Haitian Multi-Service Center, a Dorchester, Mass., social service agency administered by Catholic Charities. In 2006, the center evoked canon law, banning the distribution of contraceptives and discouraging information on abortions — setting off what James called “an interplay of … institutional and personal dilemmas.”James also fears the “potential uses” of the federally required databases that are routinely compiled in such community centers — an intrusion in places that she said offer clients rare moments of safety and refuge.The situation is aggravated by what she called a “grant economy” that demands constant data gathering and report-writing.Faith-based organizations will continue working with secular agencies responsible for helping vulnerable populations, said James. That’s where the money is.The Welfare Reform Act of 1996 removed barriers to religious organizations receiving federal contracts for social services — and such funding has accelerated since 2001 with the founding of the White House Office of Faith-Based and Community Initiatives (now the Office of Faith-Based and Neighborhood Partnerships).Faith-based groups may simply continue their historical mandates of charity, said James, or they may one day “completely lose their compassionate spirit and become repressive.”Meanwhile, charity extended to Haitians remains a powerful test case.Their suffering is complex — “simultaneously medical, political, legal, economic, and even spiritual,” said James. Will hybrid government-faith aid groups be capable of the complex treatment needed?And Haitians have an “unthinkable history” of slavery, repression, violence, poverty, and political unrest, she said — peaking with the “necropolitics” of the two-generation Duvalier regimes of 1957-1986. A historical irony is the result of all this suffering, said James — “negative depictions of Haiti and its natives as sources of pathology and danger.”Can modern charities overcome this mythology?“Whether at home or abroad,” said James, “Haiti and its citizens are uniquely, if tragically, poised to provide answers to these questions.”last_img read more

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Management-by-Walking-Around programs may do more harm than good

first_img Read Full Story Management-By-Walking-Around, a widely adopted technique in hospitals in which senior managers visit the frontlines of their organizations to solicit improvement ideas and resolve issues, has the potential to do more harm than good, according to a new study by researchers from Harvard School of Public Health (HSPH) and Harvard Business School (HBS). In contrast to evidence that suggests MBWA-type programs improve the safety climate in hospitals, this study finds the effectiveness of these programs depends on how they are approached.“Our research cautions managers against adopting practices just because evidence suggests they are effective in one or a few hospitals. Managers really need to understand what makes practices effective in order to replicate their success,” said co-author Sara Singer, associate professor in the Department of Health Policy and Management at HSPH.The paper appeared online March 31, 2014 in Production and Operations Management.To improve the quality of care and decrease medical errors, many hospitals in the U.S. and U.K. have adopted MBWA, a program that has also been used widely in manufacturing organizations. However, previous studies had not looked closely at the factors and approaches associated with the success of MBWA in hospitals.Singer and co-author Anita Tucker, associate professor of business administration at HBS, did a randomized controlled study to test the effectiveness of an 18-month MBWA-based program to improve patient safety.last_img read more

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Leadership tips from ancient Rome

first_imgHistory offers many inspirational role models for those looking to understand what makes a truly great leader, such as polar explorer Sir Ernest Shackleton, Queen Elizabeth I of England, or U.S. President Abraham Lincoln.But beyond how to be a Wall Street-style mogul, perhaps, what lessons could the Roman Empire and its most notorious bad boy, Emperor Caligula, for example, possibly teach today’s students about leadership?Surprisingly, quite a lot, say classics Professor Emma Dench and Frances Frei, a professor of business management and technology. The pair teamed up last semester to lead an experimental elective at Harvard Business School (HBS) called “All Roads Lead to Rome: Leadership Lessons from Antiquity” that used classic Roman and Greek writings to provoke deep discussions and reflections on what makes a successful leader.“The Romans grappled so actively with a very central issue of leadership: How much is a leader for themselves — especially as a monarch — or how much are they for the people as a whole, or part of the people as a whole?” said Dench, the McLean Professor of Ancient and Modern History and of the Classics in the Faculty of Arts and Sciences (FAS). “This is because the central question throughout Roman history is, ‘What role does monarchy play?’” she said. The students “were very, very fascinated and found very, very relevant this idea, as a leader: ‘Is it just you on an island, or are you part of a community?’”Although there was an initial framework and syllabus, from the very first class, the 65 students had a strong hand in how the class unfolded from week to week, essentially “co-producing” it. Jon Chase/Harvard Staff PhotographerThe students read selections of histories and satires by Plutarch, Cato, Julius Caesar, Marcus Aurelius, Seneca the Younger, Tacitus, and Lucian, among others, that delve into vital ideas about ambition, power, loyalty, success, and happiness, but also present the situational and organizational challenges facing imperial Rome. The class then considered, compared, and transposed these concepts to today’s notions about business strategies and leadership practices.“The response initially was, ‘Hey, this has got nothing to do with us,’ and then people started to see, actually, that is something we do,” said Dench. “So I think being able to scrutinize things that we might all do in our lives and careers that we’re not particularly aware of through these quite outlandish examples has been astonishing for the students.”A collision of the ancient and modern, the textual and the practical, the idea for the course came out of conversations the two had while participating in a pilot forum about leadership led by Provost Alan Garber back in 2013-2014, they say.Dench had been thinking about power and how her work on the Roman Empire had helped her navigate large organizations and thought there might be more to this idea, while Frei was interested in encouraging more experimentation at HBS and in finding ways to expose M.B.A. students to some of the many female “rock star” professors working across the river.The combination of classics and business is a reflection of One Harvard “taken in a really … fabulous way!” said Frei, the UPS Foundation Professor of Service Management and senior associate dean for faculty planning and recruiting at HBS. “I am now fully convinced that the classics should be part of the M.B.A. curriculum … and not just for our students, but for M.B.A. students around the world.”Although there was an initial framework and syllabus, from the very first class, the 65 students had a strong hand in how the class unfolded from week to week, essentially “co-producing” it. The professors said they happily redesigned each subsequent class on the fly based on what happened, what worked, and what didn’t the previous week. That spontaneity and the uncertainty of where the discussion would lead and how it would affect both students and faculty were exhilarating, they said.“It was very, very challenging for me, especially at first, but I’ve loved it,” said Dench, who had to adjust to the “pit”-style classrooms at HBS. “One of the phrases they use at HBS is ‘trust your students,’ and I love the ‘trust your students’ because it’s true. If you come up with fabulous questions, then usually they will respond,” she said. “It’s more of a matter of orchestrating.”With no background in the classics, Frei said she knew the class would push her and many HBS students far beyond their comfort zones, but just how far was initially unclear.“It surprised all of us … that it became deeply personal and deeply organizational and deeply cultural. We experienced it in ways that I found incredible. I’ve never experienced anything like that in the HBS classroom before,” said Frei. “I’m a pretty good teacher, and it’s by far the most thrilling thing I’ve ever done as a teacher.”The combination of classics and business is a reflection of One Harvard “taken in a really … fabulous way!” — Frances FreiWhile other imperial societies also offer leadership ideas worth studying, Dench said the Roman Empire is special because it is so familiar and deeply embedded in American consciousness and essential to the history of Europe.“One of the strategies that made Rome astonishingly successful is their ability to and will to incorporate people and ideas. Roman citizenship from quite early on was extended, first in fits and starts and eventually to the whole empire. They extended their citizenship to enemies, former enemies of state, to people who’d helped them. They were just incredibly good at co-opting people and ideas,” said Dench.“They’re very good at brute force. I tend to say the Romans were every bit as … horrifically good as ISIS. So, they are a spectacular, horrible force as they expand the empire and make examples of traitors or people they don’t think are sufficiently friendly. But they also build loyalty, especially by selectively rewarding friends, and citizenship plays a role in that,” said Dench.Combing ancient texts to confront modern issues was surprisingly effective in getting students to dive deeply into thorny, sometimes very emotional subjects with far less self-consciousness than expected, said Frei.“That startled me. … [It] was so much easier to study the ancient texts than the modern context. So much easier… and the class got deeply personal. I think it was because of the ancient texts, and … the distance gave a level of safety for people to go there in a way I had never seen before.”One module looked at Facebook COO Sheryl Sandberg ’91, M.B.A. ’95, and the unexpected death of her husband last year. “So, we used that as the modern context … and then we read some ancient texts on individual loss, the loss of wars, and the loss of empires, and it turned out to be pedagogically beautiful, really beautiful,” said Frei.She plans to introduce the classics into the HBS executive education program and ultimately hopes her enthusiasm and experience with the Rome course will inspire colleagues to try teaching with other Harvard faculty in areas where they’re not necessarily expert.“I don’t want to do the subset of things that we can do for a long time and that we can already do well. I want to try to create the conditions for failure to occur, which is super-scary for successful people,” said Frei. “And I want that process to happen more often.”last_img read more

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Odds & Ends: Clay Aiken’s On Track to Be a Washington Idol & More

first_img Star Files Ramin Brings It Home for Katie Ramin Karimloo recently stopped by Katie Couric’s talk show to chat all things Les Miz and to perform “Bring Him Home.” Check out the Tony nominee’s acoustic performance of the classic song below, then take an exclusive Broadway.com look at what happened behind the scenes at Katie in this week’s edition of Vlogger 24601. Denzel Washington’s Surprise Broadway Appearance A Raisin in the Sun’s Denzel Washington surprised the audience with a special appearance during the awards ceremony for the 2014 Annual August Wilson Monologue Competition, then greeted the contestants afterwards. The event, at Broadway’s August Wilson Theatre, featured high school students from around the U.S. performing monologues by the late, legendary American playwright. Ashley Herbert won first place and a $1500 prize, with Robert Upton winning $750 as runner-up and an honorable mention and $500 going to Atiauna Grant. Broadway Alum Clay Aiken On Track to Be a Washington Idol It doesn’t look like the American Idol runner-up will be in second place this time. Clay Aiken is currently holding a lead of less than 400 votes in his attempt to become the Democratic nominee for a North Carolina congressional seat. According to the L.A. Times, the Broadway alum won 40.85% of the 2nd congressional district primary vote, with his opponent Keith Crisco garnering 39.54%. No word yet on whether Crisco, who says the election is still too close to call, will request a recount. View Commentscenter_img Here’s a quick roundup of stories you may have missed today. Denzel Washington Ramin Karimloolast_img read more

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Three state Board of Education members appointed

first_imgThe Vermont State Board of Education welcomed three new members to the Board at its March 17, 2009 meeting. State Board members are appointed by Governor Jim Douglas.Don Collins, a resident of Swanton, most recently served six years on the Senate Education Committee in the Vermont Legislature, four years as chairman. He has taught mathematics and social studies the middle and high school level, and served as the director of guidance and curriculum at Lamoille Union High School. He served 28 years in administrative positions, including four years as the principal of Ferrisburgh Central School and 14 years as superintendent of the Franklin West Supervisory Union. He also served as director of Project Head Start in Northeastern Vermont and adjunct instructor at four Vermont colleges. He also served as a trustee of the Vermont State Colleges. He is currently chairman of the Swanton School Board. His term expires in 2015.John Hall, currently of West Danville, most recently served five years as the Commissioner of the Vermont Department of Housing and Community Affairs. He served on the St. Johnsbury School Board, including stints as chairman, and was a St. Johnsbury Academy trustee from 1977 until his recent appointment to the State Board. He served in the Vermont Legislature from 1993 to 1996, as a member of the House Education Committee and chairman for two years. He then served as the Town Manager of St. Johnsbury until 2000, and was the executive director of the Northeastern Vermont Development Association. He also served as Director of the Lyndonville Savings Bank from 1996-2003. He has owned Caledonia Supply Company/NAPA Auto Parts since 1987. He previously served on the State Board of Education from 1987 to 1990. His term expires in 2015.Judith M. Livingston of Manchester currently serves on the following community boards: Bank of Bennington; Northshire Civic Center/Riley Rink; Burr and Burton Academy; Dorset Theatre Festival; Northshire Performing Arts Association; and is Trustee Emerita and former Chairman of Hildene. As a 15-year veteran of the Vermont Legislature representing Manchester, she served for six years on the House Judiciary Committee, two years as vice chair of House Ways and Means, two years each on the Appropriations Committee and the Education Committee and two years as vice-chair of the Commerce Committee. She is the legislative member of the Statehouse Expansion Committee and is currently engaged in forming a private-sector advisory council on Nanotechnology collaborative with the Vermont Department of Economic Development. Her term expires in 2015.last_img read more

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Bar, Governor’s Office gear up to make JNC appointments

first_img June 1, 2001 Gary Blankenship Senior Editor Regular News Bar, Governor’s Office gear up to make JNC appointments Terry Russell The governor’s appointments and the Bar appointments would continue to be staggered. The Bar’s current three appointees on each JNC will continue to serve. Under the former law, this was an “off” year with the Bar not making any JNC appointments. With the passage of HB 367, President-elect Terry Russell established a method to have the Bar’s nominees for the fourth seat ready to forward to the governor by July 2. One problem was the application deadline is June 18, and, after the board’s May 11 meeting in Key West, it wasn’t scheduled to meet again until mid-August. Russell told the board it had two options: It could delegate the selections to the Executive Committee, which is authorized to act for the board between its bi-monthly meetings, or the board could have a special meeting. That would most likely be June 23, the last day of the annual meeting and that would be logistically nearly impossible to have all the JNC applicants screened before then.Russell also named six committees to screen applicants. One will screen applicants for the Supreme Court JNC and the remainder will be assigned one each to the five DCA JNCs. Each DCA screening committee will also handle applicants for circuit JNCs within that DCA’s geographic territory.Board member Kirk Kirkconnell will chair the overall screening effort. He told the board that screening committees will have trouble acting by June 23. The committees won’t receive the applications until after the June deadline and the hundreds of pages of applications probably can’t be copied and delivered until at least the 20th which is also the first day of the Bar convention, he said.Some board members said the entire board should make the final selection. But other members said the screening committees already involved almost one half of the board and will get input from all board members, and it would be arduous for the full board to get together and act.“Most of the work will be done by the screening committees, and the Executive Committee won’t do anything radical,” board member Mike Kranz said.Kirkconnell said a list of all applicants would be submitted to the full board, for its input. After the screening committees decide on their nominees, that list will also be sent to the full board for its review and members’ comments.“If you get a list and you see the name of someone you think is especially good or who has a problem, please let us know,” he said.The board voted 33-11 to allow the Executive Committee to make the final nominations.Here are the screening committees and their members:• The Supreme Court JNC screening panel will be chaired by Kirkconnell and include board members Alan Bookman, Jesse Diner, Ervin Gonzalez, Vivian Hobbs, Bill Kalish, and Sharon Langer.• The First DCA screening panel will be chaired by Bookman and include board members Mike Glazer, Chris Milton, Robert Rush, and Mike Smith. It will handle the applications for the First, Second, Third, Fourth, Eighth, and 14th circuits.• The Second DCA panel will have Kalish as chair and include board members Bob Brush, John Cardillo, John Yanchunis and incoming YLD President Liz Rice. It will handle applications for the Sixth, 10th, 12th, 13th, and 20th circuits.• The Third DCA screening panel will be chaired by Langer and include board members Frank Angones, Steve Chaykin, Jim Lupino, and David Rothman. It will screen applicants from the 11th and 16th circuits.• The Fourth DCA screening panel will be chaired by Diner and include board members Jerry Beer, Mickey Cummings, Mike Kranz, and Buck Vocelle. It will handle applications from the 15th, 17th, and 19th circuits.• The Fifth DCA panel will be chaired by Kirkconnell and include board members Russ Divine, Clif McClelland, Dude Phelan, and Royce Walden. It will handle applications from the Fifth, Seventh, Ninth, and 18th circuits.Kirkconnell said applicants to circuit JNCs must have been Bar members for five years, and those for appellate panels must have been Bar members for 10 years. Those selected must also fill out financial disclosure forms and are ineligible to apply for a judgeship that would be reviewed by the JNC for two years after leaving office.He noted lawyers also may apply to the governor for one of his appointments, including attorneys who don’t meet the experience requirements to be Bar nominees for the circuit or appellate panels. Bar, Governor’s Office gear up to make JNC appointments Senior Editor The Florida Bar is looking for at least 78 good lawyers willing to serve on the state’s judicial nominating commissions. And the Board of Governors has adopted an expedited schedule for screening and selecting nominees for a vacant seat on each JNC created by new legislation this year.HB 367, still pending before the governor, would revamp appointments to the JNCs. If it becomes law, Bush would get five appointments, instead of his former three, and two must be lawyers. The Bar, which had three direct appointments, now would have four, but must nominate three attorneys for each seat with Bush making the final selection. The governor also can reject the Bar slates as many times as he wishes. (The three public members, selected by the gubernatorial and Bar appointees, would be eliminated.)last_img read more

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Environmental activists seek quick action from Biden. National monuments on the agenda

first_imgHere’s Yachnin again:“We do need to resolve this question at some point to whether Trump had the authority to change the boundaries the way he did,” Squillace said, noting that without an opinion, monuments could be subject to seeing their boundaries expand and contract whenever party control of the White House switches.[…]“We are eager to have the protections restored,” said Steve Bloch, legal director for the Southern Utah Wilderness Alliance.“At the end of the day, what’s our expectation in Utah? As my Republican friends like to say, ‘Elections have consequences,’ and we absolutely expect that President Biden will restore these national monuments,” he added.Biden might not have to make any decision. If the federal judge now examining arguments in consolidated cases regarding the monuments were to rule before Inauguration Day 10 weeks from now that Trump exceeded his authority, the monuments would—absent a successful appeal to higher courts—revert to their original boundaries, and the new management plans allowing drilling, mining, and grazing on land removed from the original designation would be nullified.However and whenever the restoration of the monuments’ boundaries is accomplished, what would make many environmental advocates happy is if at least one item on the agenda during each of the first 100 days of a Biden administration would involve protecting the environment. That would be a helluva turnaround from the past four years. – Advertisement – Last December, a loose coalition of 16 environmental groups generated the #ClimatePresident Action Plan, 10 items that it said could be achieved by a new president without any need for congressional action. Scores of other groups have endorsed the plan. Among the proposals:  “1. Declare a national climate emergency under the National Emergencies Act […] 8. Advance Climate Justice: Direct federal agencies to assess and mitigate environmental harms to disproportionately impacted Indigenous Peoples, People and Communities of Color, and low-wealth communities. 9. Make polluters pay: Investigate and prosecute fossil fuel polluters for the damages they have caused. Commit to veto all legislation that grants legal immunity for polluters, undermines existing environmental laws, or advances false solutions.”The group includes a 34-page dissection of the legal authority under which the new president could take these actions.- Advertisement – Then there are Trump’s more than 100 rule rollbacks requiring re-regulation. Some of those could also be handled by executive order, but others will require going through the lengthy rule-making process.“Day One” has a pleasant ring to it. But some issues won’t be so quickly dealt with. Take, for instance, Bears Ears National Monument in southeast Utah. Shortly before he left office, President Barack Obama established the 1.35 million-acre monument under the Antiquities Act of 1906, fulfilling the decades-old dreams of American Indians and environmental advocates to gain government protection for the natural beauty of this red-rock land, the plants and creatures living on it, tens of thousands of Native artifacts and petroglyphs dating back millennia, and sites sacred to the five tribes who worked in coalition with environmental organizations and politicians to make Bears Ears a reality. Bears Ears mapThe outline shows original boundaries of the two monuments, with the shaded version showing what’s left after Trump took the ax to them.Intent on smashing anything Obama did, a year later Trump, in December 2017,  shrank Bears Ears by 85% and cut the Grand Staircase Escalante National Monument established by President Bill Clinton by almost half. Three lawsuits against the move were immediately filed by tribal, conservation, and paleontology groups to challenge the constitutionality of Trump’s action. With that litigation still working its way through the courts, in February 2020 the Trump regime implemented management plans that opened these lands previously off-limits to energy development to mining and drilling.- Advertisement – Biden could on Day One in office reestablish the original boundaries of both monuments or, in the case of Bears Ears, expand the boundaries to the 1.9 million acres that the Intertribal Coalition had asked to be included when the monument was designated. Last month, the Biden campaign said that once in office, he would take “immediate steps to reverse the Trump administration’s assaults on America’s natural treasures, including reversing Trump’s attacks on the Arctic National Wildlife Refuge, Bears Ears, and Grand Staircase-Escalante.” The pledge is included in a “Biden-Harris Plan for Tribal Nations.”Woody Lee, executive director of the Utah Diné Bikéyah, which fought for getting Bears Ears made into a monument, told Jennifer Yachnin at E&E News this week, “If he does it on his first day, that would be totally awesome. If he does it in the first 100 days, that would be great as well.”But the details about how Biden should go about reversing Trump’s cuts are a matter of concern for many advocates. One of those is University of Colorado Law School professor Mark Squillace. Simply restoring the boundaries before Trump got his mitts on them certainly has appeal. But Squillace said doing this would suggest that Trump’s decision to shrink the site had been valid. “I think it would be a mistake to simply issue new proclamations,” said Squillace, who filed an amicus brief in one of the lawsuits challenging Trump as not having the authority under the Antiquities Act to shrink existing monuments, something he says only Congress can do. – Advertisement –last_img read more

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Aminess is the only winner of the Employer Partner certificate among travel companies

first_imgIn the high season, Aminess hotels and camps employ 650 employees who regularly participate in various trainings and training programs such as communication and leadership skills, foreign languages ​​and presentation and information skills. Aminess also continuously invests in improving the conditions of all its employees, and the best proof of this is that Aminess has the highest base for calculating salaries in tourism, while this year it will take full advantage of the possibility of additional tax-free remuneration of employees. “Employees at Aminess are the main driving force behind all our successes so far. Employee satisfaction is our main motivation, because their professionalism, dedication and creativity allow us to respond strongly to the increasingly demanding tourism market. This is proven by the Employer Partner certificate, which we received for the second year in a row, which we are extremely proud of. The certificate carries with it a great responsibility, but also a great motivation for further work and additional improvement and strengthening of relations with our employees, ” said Sanja Žužić, head of human resources at Aminess hotels and camps.  Aminess hotels and campsites are the only travel company to be awarded the prestigious Employer Partner certificate this year. Certificate Employer Partner is a project aimed at recognizing and promoting organizations focused on quality human resource management. In addition to numerous training programs, this year Aminess has launched the Aminess Gourmet Lab project, which under the leadership of chef David Skoka aims to educate young chefs, waiters, bartenders and other members of the Aminess gourmet team.center_img The values, mission and vision of Aminess hotels and camps are summarized in the slogan “Lasting relations ” which reflects all the values ​​of Aminess – focus on each guest, investing in employees and teamwork, point out from Aminess. Related news: For the second year in a row, the tourist company from Novigrad is the holder of the profession recognition awarded to organizations, companies and other companies based on the assessment of the development of human resource management practices. In this year’s certification process, Aminess achieved a higher result in the areas related to the quality of the process of recruitment and selection of employees, and investment in their training and development. last_img read more

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​PKA ousts Chinese carmaker in auto sector climate scrutiny

first_imgPKA announced it has excluded a Chinese carmaker from its investment universe and put five more auto firms on its watch list, as the Danish pension fund manager sets tighter climate requirements for the world’s largest automotive brands.PKA said it blacklisted Brilliance China Automotive, whose stock is listed on the Hong Kong stock exchange as well as several German bourses, due to its “lack of focus on climate” while also revealing it had placed brands Suzuki, Hyundai, Fiat Chrysler, Subaru and Mahindra & Mahindra under observation.Dewi Dylander, head of responsible investment at PKA, said: “It is crucial for us that car manufacturers consider how they will contribute to the green transition.“In the long term, a lack of climate strategy will pose an investment risk to our members,” she added. A spokesman for PKA told IPE the firm had DKK1.4m (€190,178) invested in the Chinese auto maker in December 2019, before divesting the holding in early 2020 due to this transport sector climate initiative.PKA, which manages four labour-market pension funds mainly in the health and social care sectors, said that in its new work on the auto industry’s climate impact, it had initially focused on 15 of the world’s largest carmakers in which it was invested.Following the scrutiny exercise, it said nine of these remained on its list of investments.The Danish pensions manager said its new focus on the automotive industry was an addition to its work on responsible investment and active ownership of oil, gas and coal companies.Car firms were now subject to the same requirements as those fossil fuel companies, PKA said – to be willing to discuss a greener direction and to contribute to meeting the goals of the Paris Agreement.The DKK330bn (€44.3bn) manager said the car firms identified for exclusion or observation had been deemed either to have an insufficient environmental strategy – or had simply been unwilling to engage with PKA about their climate ambitions.“We ask, among other things, for the companies’ handling of climate-related risks, whether they are actively dealing with the Paris Agreement and if not, if they are prepared to discuss our concerns and how their business can become more sustainable in the future,” said Dylander.PKA said the Paris-based International Energy Agency estimated that there needed to be 600 million electric and hybrid vehicles on the roads by 2040 in order to get closer to the goals of the Paris Agreement, with vehicle emissions currently accounting for almost 75% of all C02 produced by the transport sector globally.Looking for IPE’s latest magazine? Read the digital edition here.last_img read more

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$1m pre-approval seals massive deal for Hervey Bay luxury home

first_img One of the best homes in Hervey Bay right now. MORE: Hot spots for investors revealed A dreamy walk-in robe.More from newsParks and wildlife the new lust-haves post coronavirus11 hours agoNoosa’s best beachfront penthouse is about to hit the market11 hours ago A butler’s pantry for meal prep and stashing the dishes when guests come over. A built in bar overlooks the waterfront and is next to the gourmet kitchen.The eventual successful offer came from Queensland buyers who had been looking “for some time”, he said.“I had buyers from New Zealand in this week kicking themselves. The property attracted a high price because it is modern and well-constructed, to commercial standards in some aspects. It was marketed as a luxury property.” FOLLOW SOPHIE FOSTER ON FACEBOOK Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p216p216p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenHow much do I need to retire?00:58 The property has stunning water views, separated from the beach by a strip of parkland. Luxurious use of multiple types of material inside and out. Glass wall separating the garage from the entryway.He said the target audience for such a property was mainly non-local.“Being part of a global network across 110 countries we spread the word far and wide in multiple languages, we had overseas interest as well as interest from further North in Queensland and interstate.” “We had plenty of interest and enquiries in this home as it was modern and on the Esplanade,” he said.“We only had inspections by appointment with pre-qualified buyers,” he said. “Most (interested buyers) simply didn’t have the budget. (There were) quite a few around the $1m mark though and others not quite ready to buy.” Tax cuts, not rate cuts, necessary This little piggy went to market 513 Esplanade, Urangan, sold for $1.45m on Monday.A Hervey Bay home has broken a price record in the area, with buyers attracted to its modern finish and views of the water.The deal saw 513 Esplanade, Urangan, sell for $1.45 million on Monday, RE/MAX Partners Hervey Bay-Torquay agent Stephen Wright confirmed. He marketed the property with daughter Laura Wright.last_img read more

Read more on $1m pre-approval seals massive deal for Hervey Bay luxury home