Saturday, December 29, 2007

Cool Wildlife Video

This video is one of the best examples I have ever seen about how team work can get you through the most complicated situations. Check out the herd of buffalos fighting back a small pride of lions. This copyrighted video was filmed at South Africa's Kruger National Park and it's also one of the most popular Youtube videos with more than 20 million views.


Source: http://www.youtube.com/watch?v=LU8DDYz68kM

You can read more details about this video here.

Wednesday, December 19, 2007

Cool Solar Powered Charger

Solio Classic Universal Hybrid Charger can be bought here for $99.95. But what is Solio exactly?
As you can read here Solio is an universal portable charger for devices such as mobile phones or mp3 players. Nothing new here! But now comes the best part as Solio has a built-in solar panel that enables you to charge your portable devices on the run and... in the wild!

Check out the CNBC video about it!

Wednesday, December 12, 2007

100 words about Adhocracy

Adhocracy is a type of organization being an opposite of bureaucracy. The term was popularized by Alvin Toffler (in the 1970s). Robert Waterman defined adhocracy as "any form of organization that cuts across normal bureaucratic lines to capture opportunities, solve problems, and get results.". For Henry Mintzberg, an adhocracy is a complex and dynamic organizational form suited for problem solving and innovation and thrives in a changing environment. Alvin Toffler noted that adhocracies will get more common and are likely to replace bureaucracy under the form of temporary structures, formed to solve a problem and dissolved afterwards, like cross-department teams.

Adapted from: http://en.wikipedia.org/w/index.php?title=Special:Cite&page=Adhocracy&id=148414521.

Tuesday, December 11, 2007

100 words about Activity-Based Costing

Activity-Based Costing (ABC) is a methodology developed by Robert Kaplan and others (in the 1980s) for allocating costs to a product, service, customer, etc. Activities cause an organization to incur costs. Once the cost of the activities has been identified and each activity's cost has been determined, the cost of the activities is then allocated to the product, service, customer, etc. that required it. This methodology is more logical for allocating overhead than simply allocating costs based on machine hours or direct labor hours. Using ABC generated information to plan and control activities and processes drives organizations towards Activity-Based Management.

Adapted from: http://www.accountingcoach.com/accounting-terms/accounting-dictionary/index.html and http://en.wikipedia.org/w/index.php?title=Special:Cite&page=Activity-based_costing&id=145547335.