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A Review of the Emergency Economic Stabilization Act of 2008 PDF Print
Saturday, 17 January 2009 23:15
The Library of CongressThe U.S. House is expected to vote today on the Senate version of the bailout plan, HR1424, the Emergency Economic Stabilization Act of 2008. Following two weeks of intense scrutiny, debate, political wrangling and even some soul searching, Congress seems ready to pass a bill that offers hope of cutting the Gordian knot strangling credit markets. Action could not come too soon.The bill, summarized here, has undergone some important changes over the past two weeks and its scope and intent have been clarified. Initially dubbed the "bailout plan" or the "Troubled Asset Rescue Plan," the bill's original intent was to grant sufficient authority to the U.S. Treasury to
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The Bailout Explained by the CBO PDF Print
Saturday, 17 January 2009 23:25
Peter Orszag, Ph. D., Director of the CBOThe Director of the Congressional Budget Office (CBO), economist Peter Orszag, publishes a blog with detailed information about the issues shaping current legislation. In his role as the leader of the non-partisan research office of the U.S. Congress, Dr. Orszag is the ultimate insider--a primary source of impartial information to which Members of Congress often turn when seeking deeper insight.Of course Dr. Orszag has posted a number of comments over the past few weeks on the current liquidity crisis. For example, the article posted 26-Sept-08, entitled Net Budget Cost of Treasury Proposal, begins:A Wall Street Journal blog posting
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Can The Banking System Hold Water? PDF Print
Saturday, 17 January 2009 23:33
John Kuhlman (left), economist, teacher and humanitarianStruggling to understand the depth and breadth of the liquidity crisis enveloping us, I thought back to a quote projected onto a giant screen behind Professor John Kuhlman in the 900-seat auditorium at the University of Missouri many years ago.The society which scorns excellence in plumbing because plumbing is a humble activity, and tolerates shoddiness in philosophy because philosophy is an exalted activity, will have neither good plumbing nor good philosophy. Neither its pipes nor its theories will hold water. - John William GardnerHenry Paulson, U.S. Treasury Secretary, has put forth an emergency plan by which taxpayers would buy up
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Blog vs. Flog: Promoting Professional Services PDF Print
Saturday, 17 January 2009 23:43
A review of SCOTUSBLOGProviders of professional services, including lawyers, consultants, accountants and doctors, face a uniquely awkward sales challenge. Discouraged or prevented by law or practice from conspicuously flogging their services, most market their services through bone-dry websites. A few have begun to realize the potential of blogging to help them make more personal, but unobtrusive, contact with prospective clients. Among those leading the way is Akin Gump Strauss Hauer & Feld, a US law firm with 700 professionals and 12 offices.Their traditional website at www.akingump.com, with a reported Google PageRank of 6, draws an estimated 5100 visitors per month. That site lists
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McDonald's Strategy: Meat, Potatoes and Coffee PDF Print
Saturday, 17 January 2009 23:48
"50th Anniversary McDonald's"in River North, Chicago, ILIn a story appearing in today's Chicago Tribune, McDonald's CEO Jim Skinner reports that his biggest pet peeve is when a worker fills a cup of coffee directly from the drip dispenser instead of waiting for the pot to be filled."You don't get the best cup of coffee that way," he said.Having myself worked at a McDonald's restaurant in the St. Louis area when Skinner was getting his start with the organization as a manager trainee in Carpentersville, Illinois in 1971, I had to chuckle. Like Skinner, most of my managers had come out of the U.S. military and they had taught me to "shortstop" the coffee machine when a customer was waiting
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Remembering Michael Hammer: Father of Reengineering PDF Print
Saturday, 17 January 2009 23:50
The late Dr. Michael HammerThe man at the front of the Reengineering movement passed away suddenly last week. It is difficult to overstate the impact that he has had on the way the modern corporation operates or the way businesspeople think about their responsibilities. His central premise, that organizations should reconsider not only their business processes but also their fundamental architectures, resonated with leaders who found themselves trying to manage organizations that had evolved from 19th century models or, worse, had been cobbled together by merger and acquisition.In a new world of more abundant capital, deregulated markets, freer trade and, most especially, inexpensive
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Featured in the Media PDF Print
Sunday, 18 January 2009 00:15
The posts of A Management Consultant @ Large have been featured on major online media.On Reuters:Credit Default Swaps: Recent Stories from NPR was featured in News:Business & Finance:ArticleFinancial Crisis: Stepping Back from the Precipice was featured in News:Business & Finance:Article and News:Health:ArticleA Review of the Emergency Economic Stabilization Act of 2008 was featured in News:Business & Finance:Article and News:Health:ArticleThe Bailout Explained by the CBO was featured in News:US:Article and News:Business & Finance:ArticleToo Many Starbucks was featured in 3 sections - News:US:Article, Business & Finance:Article, and News:Technology:Article Getting It
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Articles and Citations for JP Farrell PDF Print
Sunday, 18 January 2009 00:21
James P. Farrell, management consultant and economistA Management Consultant @ Large has become the primary publisher of commentary and analysis of James P. Farrell. Many of our articles are featured on major online media, including Reuters and the Chicago Sun-Times.Mr. Farrell's work has been published in the mainstream media and in the intellectual capital of firms that employed him as well. Recent articles include:Mastering Innovation Management: Collaborating for Speed and Profit is an AT Kearney white paper, written by Mr. Farrell, that expands on a discussion by a forum of experts he organized on the topicKeeping Track of Promotion Progress: How Marketing Will Become the Greatest
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Profile of JP Farrell PDF Print
Sunday, 18 January 2009 00:29
James P. Farrell, Management Consultant @ LargeJim Farrell is President of JP Farrell & Associates, Inc., a management consulting firm. He has been a practicing consultant for 20 years, having served at the partner and principal levels in the supply chain and consumer products practices of firms that have done groundbreaking work in those fields, including A.T. Kearney, Cleveland Consulting Associates and Adjoined Consulting. Case studies that describe some of the projects he has developed and managed can be found here.Prior to embarking on a consulting career, Mr. Farrell served the executive teams of two leading transportation companies, Schneider National and IU International. He
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Finding the Magic in a Consulting Career PDF Print
Sunday, 18 January 2009 00:36
Roger KallockSometimes an organization continues to live long after its charter has expired. Cleveland Consulting Associates (CCA) gave up its name to CSC, its current owner, in 1995. However, to the first generation of supply chain strategists and their clients CCA remains a name packed with meaning.Founded in 1974 by consultants Jim Spira, Roger Kallock, Jim Blaser and Keith Helferich, CCA took a rigorous and comprehensive approach to operations analysis, featuring advanced decision-support modeling in its consulting process. Spira, Kallock and Blaser, all in their early thirties, came to the firm with prior consulting and operations experience from such places as A.T. Kearney, Ernst
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Case Studies PDF Print
Sunday, 18 January 2009 00:38
Click on the links below to see case study summaries of some of our past projects.Shaving >$70mm from Distribution CostsOptimizing Sourcing through a Distribution NetworkIntegrated Business Planning for a CPG LeaderSimplifying Distribution for a Food Service PowerhouseAchieving Claims Processing AccuracyTurning Data into Business IntelligenceFixing a Botched SAP ImplementationEstablishing Customer Service Leadership for a Major BrandExpanding the Sales FootprintRestructuring the Distribution Network in CPGControlling Critical Spares for a Global Air Freight CarrierTo learn more about our work in consulting, read about our Practice or check out our Articles and Citations.©2009 by JP
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Hot Topics PDF Print
Sunday, 18 January 2009 00:52
Click the links below to find articles and reference materials on major topics of interest onA Management Consultant @ Large Retail Lifecycle Management (Google Group)Retail Lifecycle Management (Zimbio)Political EconomySupply ChainSee also Our Approach to Management ConsultingTo learn more about our work in consulting, read about our Practice or check out our Case Studies.Articles and Citations features works and quotes by JP Farrell in the mainstream media.©2009 by JP Farrell & Associates, Inc. All rights reserved.

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