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Financial News USA
May 16


If I Were A Poor Black Kid and Five New Management Metrics You Need To Know
News - Financial News
This is the defining issue of our time. He said. This is a make-or-break moment for the middle class, and for all those who are fighting to get into the middle class. Because what(TM)s at stake is whether this will be a country where working people can earn enough to raise a family, build a modest savings, own a home, secure their retirement.He(TM)s right. The spread between rich and poor has gotten wider over the decades. And the opportunities for the 99% have become harder to realize. [Read the full article]

This is a guest post from James Slavet of venture firm Greylock Partners. Slavet’s investments include Coupons.com, Groupon, One Kings Lane and Redfin. Greylock Partners has invested in Facebook, LinkedIn and Pandora.After years of leading teams and then, at Greylock, watching some of the best startup CEOs in the world, I(TM)ve learned that the most important metrics are often ones you never read about on the income statement or in the financial press.If you can measure it, you can manage it is a business saying that goes way back. Maybe it was Henry Ford who said that, or Peter Drucker? Regardless, most managers only measure outputs, not inputs, which is like telling a Little League team to score more runs, rather than actually explaining how to swing a bat and make contact with the ball. [Read the full article]

Whether it’s a high-profile tech company like Yahoo!, or a more established conglomerate like GE or Home Depot, large companies have a hard time keeping their best and brightest in house. Recently, GigaOM discussed the troubles at Yahoo! with a flat stock price, vested options for some of their best people, and the apparent free flow of VC dollars luring away some of their best people to do the start-up thing again.Yet, Yahoo!, GE, Home Depot, and other large established companies have a tremendous advantage in retaining their top talent and don’t. I’ve seen the good and the bad things that large companies do in relation to talent management. Here’s myTop Ten list of what large companies do to lose their top talent :1. Big Company Bureaucracy. This is probably the #1 reason we hear after the fact from disenchanted employees. However, it’s usually a reason that masks the real reason. No one likes rules that make no sense. [Read the full article]

Researchers using NASA’s Rossi X-ray Timing Explorer may have found the ‘heartbeat’ of the smallest known black hole. (Image Credit:NASA/Goddard Space Flight Center/CI Lab)Just last week, astronomers discovered what are believed to be the largest black holes in the universe. Now it’s possible that they may have found the smallest.An international team of astronomers utilizing NASA’s Rossi X-Ray Timing Explorer (RXTE), believe that they’ve identified a candidate for the smallest known black hole. Using the RXTE, which detects X-rays coming from cosmic sources, the astronomers were able to identify a specific X-ray pattern – nicknamed a “heartbeat” – that indicates that a black hole is present in a binary system with the ordinary star. The “heartbeat” pattern is caused by the regular cycles of matter accumulated into the black hole from its neighboring star. [Read the full article]
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