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November 30, 2006

Harry Fonseca Goes To Washington

fonseca%20%28648%20x%20486%29%20%28214%20x%20160%29.jpgWe visited the Smithsonian's National Museum of the American Indian in Washington D.C. last weekend. On the third floor of the museum we spotted an acrylic on canvas painting that looked like it was from Central America. Upon closer inspection we were taken back to find the artist - Harry Fonseca - was from Sacramento. The photo above (excuse me for the poor light, as it was captured without flash) is from a section of the painting titled "Creation Story, 2000". The wonderful painting (6’ 1” x 17’ 3”) was a gift to the Smithsonian from Peggy and George Wessler, avid collectors of Fonseca's works.

Fonseca, of Maidu, Hawaiian, and Portuguese heritage, studied art for a period of time at Sacramento City College. He presently has a studio in Santa Fe.

I think I've become a Fonseca fan.

Pierre Cutler
The Sacramento Executive

Navajo Code Talker Visits World War II Memorial

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Gillian and I visited the World War II Memorial in Washington D.C. over the Thanksgiving holiday weekend. Upon our arrival, much to my surprise, we spotted a World War II Navajo Code Talker. The living legend shown here did not reveal his name, but stated he was 89 years old and resides in Arizona. With his permssion, my sister captured this photo.

Only a small number (less than 100) of Navajo Code Talkers are alive today. It is believed 421 served in World War II. The U.S. used the linquistic skills of the Navajo in the Pacific theater for "secure voice communications" because the Japanese could not translate the Navajo language. For a brief history of these heroes, click here.

Pierre Cutler
The Sacramento Executive

Can The Kings Beat The Mavs Streak?

It's the Kings versus the Mavs on Friday night at the American Airlines Center in Dallas. Pierre and I will be there to watch the action. I will even break out my Doug Christie jersey. That should confuse all and sundry as Doug played for the Mavs for a very short time. Of course, I better watch out for Jackie Christie! sacramento%20kings%20logo.jpg

The Mavs are on a roll - they have won 11 in a row. They even won last night against the Toronto Raptors without the help of superstar Dirk Nowitzski who left the game with blurred vision in the first quarter. Reports are that Dirk suffered a bruised retina in Monday's game and should be recovered enough to play in the Kings vs. Mavs meeting on Friday night.

Let's hope this is a spirited game. So far the Dallas fans are closer to Lakers fans than Kings fans. Lots of talking on cell phones, arriving late, floating in and out.

So, go Kings. Take your 3 in a row and make it 4. And Saturday, we will go back to supporting the Mavs!

Gillian Parrillo
The Sacramento Executive

November 29, 2006

Ten Steps To Managing Your Manager

Over my career I have learned ten effective ways to manage my manager.

  1. Do what you say you are going to do.
  2. Provide no surprises.
  3. Keep your manager out of trouble.
  4. Maintain a positive can do attitude.
  5. Be a team player.
  6. Volunteer for the tasks no one else will.
  7. Meet your manager’s objectives and priorities.
  8. Anticipate and plan accordingly.
  9. Be the go to guy.
  10. Bring solutions, not problems.
Does anyone want to add to this list?

Pierre Cutler
The Sacramento Executive

Let's Give Ourselves an F

For every 100 9th graders, only 18 will enter college and finish within 6 years. That leaves 82 underachieving and under contributing to this country. And for those 18 who do finish, many of them will be faced with a mountain of student debt to repay. This information comes from a new report by the National Conference of State Legislatures. graduation%20%28175%20x%20116%29.jpg.jpg


Major reasons for our failing grade:
Spiraling tuition
Poor college preparation
Lack of help to keep students moving toward a degree

The average cost of tuition has risen 35% over 5 years compared to a 13.8% increase in inflation.

Loan debt by student borrowers at public colleges more than doubled in the past 10 years to $17,250, according to inflation-adjusted figures from the American Association of State Colleges and Universities.
The federal government Pell Grant program is a joke. If the program was keeping up with the rise in tuition, the average Pell Grant would be around $10,000, rather than $4,000. This lack requires students to get the additional assistance in the form of loans.

And all of this gap in finances is making it much more difficult for low-income students to complete a degree. Only half of students from households making $25,000 or less who started at a 4 year college in 1996 graduated in 5 years, compared to three quarters of students from households with incomes of $70,000 or more. And getting a job made matters worse. During this same period, 65 percent of those who did not work graduated, compared to 31 percent who worked full time.

Not educating our kids is a sin in my book, but it's also very short sighted. According to the Institute for Higher Education Policy in Washington, higher education boosts tax revenues, cuts dependence on welfare, and boosts community service among other social benefits.

Gillian Parrillo
The Sacramento Executive

November 28, 2006

Happy 1 Year and Two Week Anniversary

Sacramento Executive began publishing on November 14, 2005. Since then we have published 474 entries. And our readership has risen to more than 3000 visitors per month with some days maxing out at more than 150 visitors. anniversary.jpg

We continue to try to highlight 'all that is great in Sacramento". If you have ideas for articles or you would like to contribute, please email us (Gillian@sacramentoexecutive.com).

And watch for our next quarterly event in early February.

Thanks for your continued support and also that of our sponsors, many of whom have been with us since the very beginning.

Gillian Parrillo and Pierre Cutler
The Sacramento Executive

Sports Arenas: Is The Business Model Broken?

I have come to believe that the business model for sports arenas just doesn't work. I am not sure it ever has. It reminds me of the Walmart model. The owners promise revitalization, jobs, and other economic development pluses and extract huge tax incentives from local jurisdictions and then when the arena is declared not to be 'state of the art' and a replacement is needed, (and the tax incentives have run out), they threaten to pick up and decamp to the next 'desperate' locale.

Here is an extract from an article in the Arizona Republic, which makes this same point.

It wasn't supposed to turn out this way.

When team owners started agitating for new, taxpayer-financed facilities in the 1990s, they often couched it with projects meant to turn around struggling center cities.

There was a stick, too: the threat that the team would leave if its demands weren't met, a trend partly foreshadowed years before by the football Cardinals' angry departure from St. Louis.

It seemed to work in places such as Denver, where Coors Field became the centerpiece of the reclamation of what had been the city's skid row. Now, downtown Denver is booming, and all four of its big-league teams play downtown.

Phoenix's experience was quite different.

Although a new ballpark and basketball arena bring thousands downtown, the center city is still badly lagging behind its peers. The development enjoyed around Coors Field hasn't happened here. Many nights, the streets are devoid of people.

In Los Angeles, neighborhoods around Staples Center have only recently begun to hint at a major turnaround. And it is driven more by big development dollars in condo and office projects, combined with more demand for downtown living, than the arena itself.

The lesson seems to be that stadiums and arenas are wonderful assets, but they have a wider benefit only when other positive forces are at work. Alone, they can't solve deeply entrenched pathologies.

And the venues risk losing any appeal if the owners will go shopping for a new taxpayer deal at the first opportunity.

The old stadium game isn't entirely dead. Minneapolis is building a ballpark for baseball's Twins after years of resistance, and the NFL's Vikings may eventually get a new home, too.

But now there's a new game: As cities have wised up, the owners are seducing gullible suburbs.

Glendale may become a national template, as Bay area suburbs are wooing the San Francisco 49ers and the Oakland A's. A suburban county was courted and dumped, at least for now, by the Vikings. In all these cases, big suburban development projects are being promised along with the arenas.

Unfortunately, these stadiums only worsen sprawl and congestion. They're usually removed from mass transit. Quiet neighborhoods are quiet no longer.

The promise of stadiums didn't work out. That's what happens when feral greed wins.

And from reading today's Sacramento Bee, it appears that the railyards project is moving ahead with or without an arena.

Gillian Parrillo
The Sacramento Executive

November 27, 2006

NPR's Sacramento Puzzle

NPR has Sacramento as the subject of its weekly Sunday Puzzle

Challenge for Nov. 26: This week’s puzzle comes from listener Dan Pit from Palo Alto, Calif. Take the name "Sacramento," the capital of California. Re-arrange these 10 letters to spell two words that are synonyms.

Entries must be received by Thursday at 3PM ET. Let's show NPR listeners how clever we are!

Gillian Parrillo
The Sacramento Executive

November 23, 2006

Get Out Before It Blows

As our favorite artist advises in regards to successful holiday get-togethers:
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Rules for a successful holiday:

1. Get together with the family
2. Relive old times
3. Get out before it blows

Check out this amazing site. We love everything about it. We love it so much we used (with permission and for a small fee) one of the prints for our wedding invitation and 3 of the prints for our grandchildren's birth announcements. You might want to consider dipping your toe in the water as an owner of a StoryPeople print with the one that 100% of the profits go to cure breast cancer - what a fabulous gift that would be to someone on your holiday gift list (and lots of others too!)

Gillian Parrillo
The Sacramento Executive

Happy Thanksgiving..Bow Wow, Meow

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November 22, 2006

Top Ten Cities For Entrepreneurs

What are the top ten cities for entrepreneurs? According to Entrepreneur.com, the best cities for entrepreneurs are:

  1. Phoenix - Mesa
  2. Charlotte - Gastonia - Rock Hill
  3. Raliegh - Durham - Chapel Hill
  4. Las Vegas
  5. Austin - San Marcos
  6. Washington - Baltimore
  7. Memphis
  8. Nashville
  9. Norfolk - Virginia Beach - Newport News
  10. San Antonio

Where is Sacramento? Number 34. What are the attributes of a top-ten city?

Austin:

Population: 1,250,000
Median Home Price: $167,200
Hot Industries: Technology and business services
Significant Startups: 5,469

Why Start Here?

  • Diverse, highly trained and readily available employees
  • No personal or corporate state income tax
  • Minimal union activity
  • Eight area colleges and universities with renowned academic programs and enrollment of more than 114,000 students

San Antonio
Population: 1,590,000
Median Home Price: $133,400
Hot Industries: Aerospace, biosciences, information technology, telecommunications, logistics and manufacturing
Significant Startups: 4,399

Why Start Here?

  • Free Trade Alliance San Antonio assists firms in exploring, developing and expanding international business
  • San Antonio Technology Accelerator Initiative, a network of institutions, individuals and resources, is dedicated to growing technology and entrepreneurship in the region
Sacramento - let's put in place a long range plan to promote entrepreneurism! We can be a top-ten city. Our weather, diversity of people, access to capital and universities, and quality of life should position the area to be a top-ten contender. What do we need to do? Collaborate as a community - government, academia, and industry. We have the resources. We have the talent. We can do it, if we want to.

Pierre Cutler
The Sacramento Executive

More Holiday Things To Do

Sunday, Dec. 3
Barbershop concert

Sacramento Capitolaires will present "On the Air - Christmas 1946," a holiday bazaar and concert at the Towe Auto Museum, located at 2200 Front St. in Sacramento.

The Capitolaires and two of their quartets will perform Christmas songs in close 4-part harmony at 1 and 3:30 p.m. The performances will portray the Capitolaires on a radio show in December 1946, less than six months after the group was founded on June 17 of that year.

Also featured will be the Towe's Mighty Wurlitzer Organ.

Offered at the bazaar will be home crafted Christmas items, flower arrangements and jewelry. Food, drinks, and holiday goodies will also be available for purchase.

Ticket prices are $15 in advance, or $18 at the door, which includes access to the museum. To order tickets, call 916-442-6802.

Gillian Parrillo
The Sacramento Executive

November 21, 2006

Apple Computer Stock Price Hits Record High

On Wall Street, Apple Computer stock hit an all-time high today at $88.60 per share. Apple's remarkable recovery and climb has been based on the iPod mega-hit. In 1997, the stock was a bargain basement price of $3.00. Ten years later and almost a 30-bagger (a Peter Lynch term), Apple's future is promising. What lies ahead? Industry rumors abound that Apple is about to launch the iPhone - a mobile phone coupled with iTunes music-playing technology and instant-messaging capabilities. Perhaps we will see the debut of the iPhone at the annual San Francisco MacWorld Expo in January.

Can any one provide a graphic of the iPhone? I bet Taiwan's Hon Hai Precision can - they just landed a contract to build 12 million of the hand-held mobile devices, according to Forbes.com. If the iPhone does exist and sells like the iPod, watch out - Apple could be a 50-bagger, based on its 1997 price.

Happy days are here again for Apple Computer!

Pierre Cutler
The Sacramento Executive

How To Behave Around David Stern

Now that David Stern is coming to town to sort out the mess surrounding the new arena, maybe city officials should take a leaf out of Mark Cuban's new behavior playbook.
david%20stern.jpg

As many of you know, Mark Cuban, owner of the Dallas Mavericks and Dave Stern, NBA Commissioner have been butting heads for the past several years. The NBA has recently enacted an Owner's Code of Conduct, which could be more correctly called Mark Cuban's Code of Conduct as it seemed very much directed at Cuban's past 'digressions'. Cuban, very much tongue in cheek, has vowed to bow to Stern's rule.

So read away, Mayor Fargo and other City officials. Let's hope this is not the way it's going to be - either for Sacramento or for Cuban:

Cuban v. Stern Posted: Friday, November 03, 2006 at 2:49 PM

(AP) -- Mark Cuban is ready to do whatever David Stern wants. Really. Honestly.

He promises. A lot.

Stay away from huddles? No problem.

Support overseas expansion instead of building the product in the United States? Done.

Stop coming up with innovations like the multisided 24-second clock and hiring independent shot-clock operators in the playoffs? He's already excited about the extra free time he'll have.

"I'm reborn," the owner of the Dallas Mavericks said Thursday night during his usual pregame workout. "It's no longer Mark Cuban, the benefactor. It's Mark Cuban, David Stern disciple. And I say that with all seriousness. ...

"I used to spend a lot of time trying to really learn the details and the numbers, doing a lot of research, because I was cynical and skeptical. I've lost all that cynicism and skepticism. It's all gone. Sarcasm? There's no sarcasm."

Cuban spoke for nearly 30 minutes before Dallas' 97-91 loss to San Antonio in the season opener, explaining how eager he is to comply with Stern's new guidelines for team owners.

The more he talked, the less sincere he seemed.

"Now I have new aspirations beyond winning the title in the NBA, and that's to fit in and be like everybody else," Cuban said. "They're smarter, they're better, they're prettier, in better shape, they have nicer teeth."


The latest round of the Cuban-Stern saga started when Cuban learned of Stern's plan to impose a list of dos and don'ts for owners. It's already being calling the Cuban Rule.

Following a meeting he intentionally avoided, Cuban said the league sent an e-mail saying "non-coaches or personnel are not allowed in the huddle or in the proximity of the huddles."

It did not specifically say owners, nor was he used as an example. Still, there's no doubt he was the target.

Cuban vows following orders will be easy.

"I'll just keep a little diary," he said. "If I get that old urge to yell at the officials, I'll just write it in the diary at the end of the night, just purge all that anxiety because I know that they'll fix it. Everybody's human, everybody makes mistakes. But they'll fix it. They're that good."

Cuban noted his huddle time led to the hiring of Avery Johnson as Dallas' coach. Johnson went from Mavs player to assistant coach to the NBA's coach of the year last season, his first full one in charge, when he also got Dallas to the finals for the first time.

"It's just one of those accidental benefits," Cuban said. "The law of unintended consequences, I guess."

Cuban said he sent Stern an e-mail about it all. He's yet to receive a reply.

"He doesn't have to," Cuban said. "I just know. We've got that bond now."

Cuban has been a thorn to Stern since buying the Mavericks in 2000.

Although he turned one of the league's laughingstocks into a top franchise, the Internet billionaire has been fined at least $1.2 million for complaining to and about officials and pulling other stunts. Dallas players and coaches fear they suffer from the backlash, with star Dirk Nowitzki saying he'd like Cuban to tone down his act.

Yet Cuban remains the center of attention.

In the last week, he's released a study by physics professors showing problems with the league's new synthetic balls, revealed that plans for a satellite radio show were squashed by NBA people who didn't want him to have such a format and had publicized the threat of a $6 million lawsuit by former Mavs coach Don Nelson over money promised by the team's previous owners.

But it was questions about the Cuban Rule that unleashed his "Yes, sir, Mr. Stern" shtick.

Cuban said he's ready to learn from other owners because, while building his fortune, he must have "got lucky the first time, the second time, the third time, the fourth and the fifth time."

"I just didn't see the light," he said. "And I apologize to my fellow NBA owners for not having seen that light. Now I have. I plan on learning from the best."

Other changes: Trading his T-shirt that read MFFL (Mavs Fan For Life) for one that reads TYDS (Thank You David Stern), and a willingness to travel overseas in the preseason and to host the All-Star game.

He'd even switch from working out on a stair-stepper machine to a treadmill if Stern wants.

"In a minute," Cuban said. "Because he knows."

Cuban sees endless possibilities.

"Everything I'll learn, my gosh, just think of it, all the value to all of my other businesses. Maybe 'Good Night, and Good Luck' (a movie he co-produced) would've won an Academy Award. I just didn't know. Now I know," he said.

In the first test of the new policy, Cuban avoided the huddle Thursday night, but some of his "old urges" couldn't be contained to a diary.

When Nowitzki was called for fouling Tim Duncan in the third quarter, Cuban made a shoving gesture and said, "He pushed him." After watching the replay, he shook his head as he fell back into his seat. He later gave the arena operations director some marching orders for the fourth-quarter entertainment and signaled for double dribble after a non-call against San Antonio's Tony Parker.

As frustrated as Cuban might be, he remains committed to the NBA.

"Oh, I love owning the Mavericks," he said. "The fans, the guys, the competition, the games. Now it's just the added benefit of going to school at the University of David Stern.

"I trust in David," Cuban said. "Life is better."


(Copyright 2006 by The Associated Press. All Rights Reserved.)
Caricature courtesy of Caricature Zone

Gillian Parrillo
The Sacramento Executive

November 20, 2006

Must Do Holiday Event

One of the things we never miss - the East Sacramento Holiday Home Tour. In its 33rd year, this self-guided tour of 5 magnificent Fabulous Forties homes decorated for the holidays by top interior designers and florists, is the best way I know of getting into the holiday spirit.
HolidayHomeTourLeft.jpg Tickets $20 online and $30 beginning December 1st, 2006. Children over 1 must have a ticket.

All proceeds benefit Sacred Heart Parish School, and is organized by the Parents of Sacred Heart School.

The tour begins at 1209 47th Street between J and M Streets and winds its way through East Sacramento ending at 1513 39th Street. You may start at either end for an enjoyable, self-guided walking tour that will take about two hours to complete. You may use your ticket for a one-time admittance to each house any time during the tour weekend.

Gather a group of friends and go for dinner afterwards, or brunch before (or better still, do both!)

Gillian Parrillo
The Sacramento Executive

November 19, 2006

A San Francisco Minute, By Mike Posehn

We've all heard the saying "In a New York Minute". Well here's Mike Posehn's version of "In a San Francisco Minute".



Pierre Cutler
The Sacramento Executive

Is it a Prairie Dog?

Is it a Prairie Dog?
prairie%20dog.jpg

Is it a Meerkat?
meerkat.jpg

Nope, it's Julius surveying the world from our balcony
julius%20as%20meercat%20or%20prairie%20dog%20%282%29%20%28271%20x%20417%29%20%28136%20x%20208%29.jpg

Gillian Parrillo
The Sacramento Executive

Lincoln Sunset, By Mike Posehn

Mike Posehn is at it again with another wonderful time-lapse photo shoot. Coming off his recent YouTube success, Reno Balloon Races, 2006, Mike created a stunning sunset clip this past Wednesday in Lincoln, California.
Pierre Cutler
The Sacramento Executive

November 18, 2006

Readers' Choice - Best in Sacramento Dining

Sacramento News and Review has an interesting list of 'dining bests of' voted on by their readers. Here are some highlights:

Best restaurant

Mikuni Japanese Restaurant & Sushi Bar
various locations, www.mikunisushi.com

2. Restaurant 55°
555 Capitol Mall, (916) 553-4100, www.restaurant55.com

Best new restaurant

Restaurant 55 Degrees
555 Capitol Mall, (916) 553-4100, www.restaurant55.com

Spataro Restaurant and Bar
1415 L Street, (916) 440-8888, www.paragarys.com

2. Mason's Restaurant
1116 15th Street, (916) 492-1960, www.theparkdowntown.com

Best fine dining

Biba
2801 Capitol Avenue, (916) 455-2422, www.biba-restaurant.com

2. The Firehouse Restaurant
1112 Second Street, (916) 442-4772, www.firehouseoldsac.com

Best wine list

Enotria Cafe & Wine Bar
1431 Del Paso Boulevard, (916) 922-6792, www.enotria.com

2. 58 Degrees & Holding Co.
1217 18th Street, (916) 442-5858, www.58degrees.com

Best spot for dining alone

Jack's Urban Eats
various locations, www.jacksurbaneats.com

2. Café Bernardo
various locations, www.paragarys.com

Best happy hour

Brew It Up!
801 14th Street, (916) 441-3000, www.brewitup.com

2. Elephant Bar
6063 Sunrise Boulevard, (916) 961-3628; 1500 Arden Way, (916) 564-2526; www.elephantbar.com

Best Indian food

Mother India
1030 J Street, (916) 491-4072

2. Kathmandu Kitchen
various locations, www.kathmandukitchen.com

Best Mexican food: local

Ernesto's Mexican Food
1901 16th Street, (916) 441-5850, www.ernestosmexicanfood.com

2. Tres Hermanas
2416 K Street, (916) 443-6919

Best Thai food

Thai Basil
2431 J Street, (916) 442-7690; 8785 Center Parkway, Suite B120, (916) 681-8424; www.thaibasilrestaurant.com

2. Amarin Thai Cuisine
900 12th Street, (916) 447-9063; 6608 Folsom-Auburn Road, Suite 9, in Folsom, (916) 988-8581; www.amarinsacramento.com

To see lots more categories, visit the SN&R website

I have only two comments:

What, on earth, happened to Waterboy, 2000 Capitol Mall, the best Sacramento restaurant by far?

And no mention of Lemon Grass, the fabulous Thai/Vietnamese restaurant located at 601 Munroe Street (near Loehmann's Plaza on Fair Oaks Blvd).

Gillian Parrillo
The Sacramento Executive

Milton Friedman

Milton Friedman, Nobel prize winning economist, died this week at the age of 94.

Here are some of his words of wisdom:

Concentrated power is not rendered harmless by the good intentions of those who create it.

Governments never learn. Only people learn.

Hell hath no fury like a bureaucrat scorned.

History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition.

I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.

I'm in favor of legalizing drugs. According to my values system, if people want to kill themselves, they have every right to do so. Most of the harm that comes from drugs is because they are illegal.

Inflation is the one form of taxation that can be imposed without legislation.

Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.

Nobody spends somebody else's money as carefully as he spends his own. Nobody uses somebody else's resources as carefully as he uses his own. So if you want efficiency and effectiveness, if you want knowledge to be properly utilized, you have to do it through the means of private property.

Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless.

The government solution to a problem is usually as bad as the problem.

The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.

The most important single central fact about a free market is that no exchange takes place unless both parties benefit.

The most important ways in which I think the Internet will affect the big issue is that it will make it more difficult for government to collect taxes.

The only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market. And that's why it's so essential to preserving individual freedom.

The power to do good is also the power to do harm.

The problem of social organization is how to set up an arrangement under which greed will do the least harm, capitalism is that kind of a system.

There's no such thing as a free lunch.

Underlying most arguments against the free market is a lack of belief in freedom itself.

But Friedman definitely had his detractors: According to an editorial in the Boston Globe today:

The consequence of Friedman's policies was to deepen social and economic inequality. Corporate CEOs could feel entitled to enormous pay packages if, in their view, the marketplace rather than a compliant board of directors, was responsible. Government was hard put to intervene on the side of those not so advantaged, because politicians who espoused the Friedman philosophy kept taxes low and skewed tax cuts in favor of the wealthy.

I do know that Arnold Schwarzenegger is a big fan of Milton Friedman so to understand Milton is a good way to make some predictions about the economic plans our Governor has for California.

Gillian Parrillo
The Sacramento Executive

November 17, 2006

Wine Spectator Announces Wine of the Year

Wine Spectator has just named its Wine of the Year. The winner is:
wine%20of%20the%20year.jpg
Casanova di Neri - a Brunello di Montalcino - Tenuta Nuova 2001,. Wine Spectator gave it a score of 97 out of 100. The wine is priced at $70.

Tasting Note
This family-run winery is one of the best examples of the recent winemaking renaissance in Tuscany. Casanova di Neri has excelled with Brunello di Montalcino, the region's famous Sangiovese-based red, since its debut vintage in 1993. The 2001 is its best Tenuta Nuova ever, delivering the depth, richness, freshness and unique character expected of such a great vintage—at a price in the mid-range for 2001 Brunello.
4,830 cases made.

Run out and grab some - or better still, buy a ticket to Italy to grab a bottle locally! Montalcino is a fabulous destination.

Gillian Parrillo
The Sacramento Executive

Oprah Credits Martin Luther King For Inspiring Her

At the groundbreaking ceremony for the Martin Luther King Memorial in Washington, D.C., Oprah Winfrey told a story about Martin Luther King speaking at her school's assembly. The lesson she learned from him: "Excellence is the best deterrent to racism and sexism." Sort of along the lines of the more cynical, "If you are a (woman, African American, enter your own minority) you have to work twice as hard to be considered half as good."

I think that Oprah has truly lived that ideal. There is no doubt that she exudes excellence in all that she does and also that she works really, really hard.

Now, what do we need to do to get excellence into our school system, especially our inner city schools? What do we do to get excellent role models working with our minority kids? We cannot continue to watch a large percentage of our minority kids flunk out of school, get involved in gangs, go to jail - or worse, be shot before they reach 20.

Martin Luther King started a movement - it is up to us to keep it going.

Gillian Parrillo
The Sacramento Executive

November 16, 2006

Mark Randall to Speak at UCD on 11/27

Mark Randall, the CEO and founder of Serious Magic, which was recently acquired by Adobe will be speaking at UC Davis as part of the Entrepreneur Speaker Series on Monday, November 27th at 6PM.

I have seen Mark tell his story and he is a fascinating speaker with great insights on what it takes to be an entrepreneur. I have it on good authority that Mark will be expanding on his "Five Skills an Entreprenuer Must Have to Succeed" and will add a a whole new rant "The Single Best Way to Double the Value of an Acquisition".

If you want to have an enjoyable and informative evening, plan on attending. And the cost is right - it's free.

Monday, November 27
6:00 pm
Room 174 AOB IV Building
UC Davis Graduate School of Management
UC Davis Campus

RSVP via email to: nstarsinic@ucdavis.edu

Gillian Parrillo
The Sacramento Executive

November 15, 2006

If You Always Do What You Always Did

If you always do what you always did, you'll always get what you always got.

This has always been my favorite saying. Of course, I am addicted to change. Sometimes I wonder if I create crises because I enjoy them so much (and I am pretty good at solving them too). During my career as an executive at a public company, I was the one that was always sent around the world to 'fix' situations. It certainly kept me challenged and even seemed like a pretty good career strategy. After all, kudos if you fixed a bad situation and chances are you wouldn't make it worse - at least not in the short term.

I remember very early on that I had a young manager. We were both big agents of change - code for outside the mainstream. We thought it would be a great fun to start a consulting company that suggested wholesale changes within companies. Getting paid to shake things up, how much fun would that be?

My favorite cartoon shows two guys deep in a dungeon, heavily chained, with absolutely no escape, ever. And the one guy is saying, "Now, here's my plan." I think it depicts everything I believe. Never, ever, give up.

There's a reason I made 38 of 40 quarters of revenue targets. I always had one more burst of energy, one more creative way to make it happen, one more 'one for the gipper speech' to my incredibly fabulous staff. The two quarters I didn't make - one where I had just taken over a failing division (which soon turned around), the second when the head of a large Brazilian bank that was about to sign my $1M+ contract got tossed out of office along with the President of Brazil in a corruption scandal a couple of days before the end of the quarter. You should have seen me trying to explain it to our very non-International CEO, "Remember Richard Nixon?" I began.....

So, do something different, if you want the outcome to be different. And empower your people to take risks (and allow that failure is fine sometimes too!) I think you might be pleasantly surprised at the results.

Gillian Parrillo
The Sacramento Executive

New Doors Open

Newest congressman from New York, John Hall. Previous career - Musician. John Hall founded the band Orleans in the 1972. Remember, Still the One, Dance with Me, Dancing in the Moonlight. Yep, it's that John Hall.

Feeling old yet?

How about The Doors, (Break on Through, Light My Fire) who are about to release a new CD to celebrate their 40th, yes that's with a 4, anniversary?

Oh, the fun we had!

Gillian Parrillo
The Sacramento Executive

November 14, 2006

Stand Back - Woman At Work

I love everything about this. A story from The Hill

Pelosi 'will ensure' Murtha win, Murtha ally says By Josephine Hearn House Speaker-to-be Nancy Pelosi (D-Calif.) will ensure that Rep. John Murtha (D-Pa.) wins his race for majority leader, a key Murtha ally said Monday night.

"She will ensure that they [the Murtha camp] win. This is hard-ball politics," said Rep. Jim Moran (D-Va.), a longtime Murtha supporter. "We are entering an era where when the Speaker instructs you what to do, you do it."

Pelosi recently endorsed Murtha’s bid for majority leader against House Democratic Whip Steny Hoyer (D-Md.), but it was unclear whether she would use her clout as the first Democratic Speaker in 12 years to help Murtha win or whether her letter simply expressed a personal preference as a favor to Murtha.

Pelosi’s move was deliberate, Moran said, and she was already leaning on her colleagues to affect the outcome.

"Yes, she’s making calls to people. She is contacting people and letting them know that it’s an unequivocal letter," Moran said.

A spokeswoman for Pelosi could not immediately confirm that she had made the calls. Pelosi returned today from New York City after attending the birth of her sixth grandchild. She voted on the floor and then attended Murtha’s reception Monday night for newly elected members.

If Moran’s claims are true, Pelosi is taking an enormous gamble only a week after the election propelled her into the Speakership. If she prevails, she will likely banish her onetime rival Hoyer to the back benches and send a clear signal to her colleagues that she intends to rule with an iron hand. If Hoyer wins, she loses substantial political capital and alerts the caucus that they can successfully oppose her.

One lawmaker supporting Hoyer was concerned that Pelosi was indeed seeking to oust her longtime rival from the Democrats’ new leadership.

"It saddens me because it sets up a bifurcated caucus of members who identify with Nancy and those who identify with Steny," the lawmaker said.

Moran, however, was unapologetic. "If you want to be a strong Speaker, you do this, and Nancy is going to be one of the strongest."

Rep. Bill Pascrell (D-N.J.) said some members had already abandoned Hoyer for Murtha in the wake of Pelosi's endorsement, a claim the Hoyer camp vigorously denies.

"Some people have already changed," Pascrell said.

Hard-ball, loyal, clout, taking an enormous gamble, leaning on her colleagues, banishment, etc., etc.

All those great, tough words associated with a woman. And then right in the middle of this enormous political move that will set the tone for her entire leadership - she takes time out to be a grandma attending the birth of her 6th grandchild. That's my kind of woman, regardless of her politics.

Gillian Parrillo
The Sacramento Executive

TED Talks - 2007 Winners

Pierre and I have written extensively about TED. Here's a reminder of the program from the TED website:

For the past 20 years, members of the TED community have gathered together to share ideas and passions that are big enough to change the world. In this spirit, we created... the TED Prize.

Each year we will honor a maximum of three individuals who have shown that they can, in some way, positively impact life on this planet.

We are looking for inventors and entrepreneurs, designers and artists, visionaries and mavericks, protectors and persuaders. Our goal is to honor and empower these people by connecting them to the formidable resources of the TED community. Our prize-winners may be very different, but they will have this in common: They will be doing something that has extraordinary potential. Something whose positive influence could spread, transcending borders. Something that can contribute to the future of life on earth.

Rather than simply receiving financial support, winners of the TED Prize will be granted something extraordinary: something which children dream about, but which adults assume is merely the stuff of fairy-tales.

They will be granted a WISH to change the world.

They may wish for anything. And we will seek to make their wish come true.

We will allow our winners several months in which to formulate their wish. We want them to think big, and we want them to fully understand the range of resources the TED Community may be able to offer them. We are willing to spend -- in hard cash -- $100,000 on each winner. And our goal is to convert this into received value that is an order of magnitude greater. How?

By connecting our winners into the heart of the TED community
By tapping into the enthusiastic support of our team of sponsors and partners
By working with our winners to deliver something creative and big and bold and wonderful.
The nominees themselves may or may not see themselves as world-changers. But it's our goal that the TED Prize will help them take their work to the next level.

So, with that background in mind, the 2007 winners have been announced.

1. James Nachtwey is one of the best-known and most highly regarded current photojournalists.... Nachtwey has devoted himself to documenting wars, conflicts and critical social issues. ...He is known for getting up close to his subjects, or as he says, "in the same intimate space that the subjects inhabit," and he passes that sense of closeness on to the viewer. In putting himself in the middle of conflict, James' intention is to record the truth, to document the struggles of humanity, and with this, to wake people up and stir them to action.

2. E. O. Wilson. One of the world's most distinguished scientists, E.O. Wilson is a university research professor and honorary curator in entomology at Harvard University. His most recent work has focused on drawing public attention to the impact human activity has had on life on the planet. ...he produced what may be his most important book, The Diversity of Life. In it he describes how an intricately interconnected natural system is threatened by a man-made biodiversity crisis he calls the "sixth extinction" — the most devastating trauma since the extinction event that laid waste the dinosaurs and other creatures 65 million years ago. In it he notes that the 1.5 million species named so far by scientists represent only a tiny fraction of the tens of millions that may be out there. Wilson's prediction that 30 percent to 50 percent of all species would be extinct by the middle of the 21st century was meant to provoke and it did. With the human population expected to reach 9-10bn by the end of the century and the planet in the middle of its sixth mass extinction — this time due to human activity — the next few years are critical in maintaining anything near the current level of biodiversity. Wilson believes, "The two major challenges for the 21st century are to improve the economic situation of the majority and save as much of the planet as we can."

3. President Bill Clinton. After leaving the White House, President Clinton established the William J. Clinton Foundation with the mission to strengthen the capacity of people in the United States and throughout the world to meet the challenges of global interdependence. To achieve this, the Clinton Foundation is focused on four critical areas: health security, with an emphasis on HIV/AIDS; economic empowerment; leadership development and citizen service; and racial, ethnic and religious reconciliation. In September 2006, President Clinton hosted the second annual meeting of the Clinton Global Initiative, which is a non-partisan catalyst for action, bringing together a community of global leaders to devise and implement innovative solutions to some of the world's most pressing challenges, including poverty, climate change, global health, and religious and racial conflict. In its two years of existence, the Clinton Global Initaitive has generated over $10 billion in commitments to improve the lives of people living on 6 continents.

.

Pierre and I can't wait to see what amazing plans they bring back to the TED community and how the community responds. This is philanthropy at its best! We will keep you updated.

Gillian Parrillo
The Sacramento Executive

November 12, 2006

Why Does the U.S. Continue to Violate the U.N. Resolution to End Cuban Embargo?

According to the United Nations' on November 8, 2006,

for the 15th year in a row, the United Nations General Assembly has overwhelmingly called on the United States to end its commercial, economic and financial embargoes against Cuba that began more than 46 years ago.

The resolution, adopted yesterday by 183 votes in favour to 4 against (Israel, Marshall Islands, Palau, US) and 1 abstention (Federated States of Micronesia), reiterated the Assembly’s call to all States to refrain from promulgating and applying laws and measures not conforming with their obligations to reaffirm freedom of trade and navigation.

Why does the United States continue to violate the U.N. resolution? What is the purpose of the Cuban embargo? Is Fidel Castro a threat to the United States? Is he a target of our "war on terror"?

It is time to comply with the U.N. resolution. Why are we in contempt?

Pierre Cutler
The Sacramento Executive

Culture=Increased Civic and Community Involvement

A study by the National Endowment for the Arts measures the connection between engagement in the arts and civic participation. Volunteerism-logo-Rake.gif 51% of those who regularly visited art museums, plays or concerts did volunteer work compared to 19% who did not participate in the arts. Even those who read literature were more likely to volunteer (43% vs 16.4% for non-readers). In addition, arts participants are more likely to engage in outdoor activities such as camping, hiking and canoeing. Read: healthier lifestyle, less eventual drain on the community.

Bottom line: supporting the arts is a great way to get support back from the arts community.

Now, here's the scary part:

Literary reading among young adults dropped dramatically. In 1982, adults aged 18-34 had the highest reading rate among all adult categories. Today, they have the lowest rate among adults under 65. In addition, young adults' performing arts attendance is waning.

Seems like it would be a good thing if the arts organizations, supported by the local communities, work hard to get these young people involved given the very positive results of an engaged populace.

Gillian Parrillo
The Sacramento Executive

Death Valley For America's Software Development Talent?

Tom Friedman's best seller, "The World Is Flat", is an accounting

"of the great changes taking place in our time, as lightning-swift advances in technology and communications put people all over the globe in touch as never before - creating an explosion of wealth in India and China, and challenging the rest of us to run even faster just to stay in place."
Friedman may need to write a sequel - "The U.S. is Below Sea Level". The next crop of world-class software developers is not shaping up to be from the United States. A quick review of the top ten high school students as ranked by TopCoder reveals not one American. The topcoder is Polish student Tomek Kulczynski. A Croatian is second. Four of the top ten are Chinese, two are Russian, and two are Ukrainian.

Where's the top ranked American? Number 39 (John Pardon, Durham Academy Upper School). Here is the ranking by country for the top 40:

  • China 8
  • Russia 6
  • Poland 5
  • Croatia 5
  • Ukraine 4
  • Bulgaria 3
  • Viet Nam 3
  • Romania, Canada, Iran, El Salvador, Greece and United States, 1 each
Iran, Canada, Greece, and El Salvador place higher than the United States.

What's going on here in America? It looks like we are not putting a value on education. That's my conclusion. When will we wake up?

Pierre Cutler
The Sacramento Executive

November 11, 2006

What Happened To LogoJeez?

What is LogoJeez up to? This bogus company stopped advertising on TechCrunch.com.

Are they out of business yet? If not, they should be. Keep the comments coming on this fraudulent company!

Pierre Cutler
The Sacramento Executive

Persistence Pays Off For Local Filmmaker

Almost a year ago, I wrote about a local filmmaker looking for a loan until his movie rights - both foreign and domestic - were sold. Periodically, we updated the story.

Now, the news is in. Jim Meyers has sold the rights to his movie, Her Minor Thing, in many countries around the world and the US version will be out on DVD starting on January 16th. Be sure to look for a copy at your local video store. The film is a great light hearted romance with many scenes of Sacramento.

Congratulations Jim. I know you wanted to see your masterpiece on the silver screen, but I am sure your persistence got this venture further than the odds would have predicted. Can't wait for the next one!

Gillian Parrillo
The Sacramento Executive

November 10, 2006

Veterans' Day - We Honor The Living Soldiers of WWI

Tomorrow, November 11, is Veterans' Day. NPR and BBC produced a two-hour radio documentary "The World War I Living History Project", hosted by Walter Cronkite. The documentary is scheduled for 2:00 PM Eastern Time on Saturday. Over four million Americans served in WWI. The war ended 88 years ago in 1918. Only fourteen are alive today. The youngest is 105. The oldest is 115.

Today, we honor these living veterans.

Click here for more details on the project.

Pierre Cutler
The Sacramento Executive

CalPERS invests $500M in Sacramento Alternative Fund

Exciting news from the San Francisco Business Journal:

The California Public Employees' Retirement System has committed $500 million to Sacramento Private Equity Partners, a new investment vehicle managed by Menlo Park-based Oak Hill Investment Management that's focusing on venture capital and small middle market private equity funds.

"There's a huge gap between the top tier and second tier performers, and we have a particular need for a partner who can help us access smaller funds that can deliver upper quartile returns," said Charles Valdes, chair of CalPERS investment committee. "OHIM gives us unique access to the best players in the smaller end of the private equity industry, leveraging great geographical networks and relationships," Valdes said.
tons%20of%20money.jpg

CalPERS sees the $500 million investment in Sacramento Private Equity Partners as setting up a farm team for the public pension fund.

"There are small funds that have a track record of generating outstanding returns and that if aggregated in this vehicle could be meaningful to our Alternative Investment Management (AIM) Program," said Russell Read, CalPERS Chief Investment Officer. "In addition, some of these funds may reach a scale over time that would make them candidates for transfer to the direct AIM portfolio."

Sacramento Private Equity Partners also will help the pension fund advance the strategic realignment of the AIM Program that began this year.

The program is refocusing on core direct relationships with a smaller number of funds while engaging new vehicles, including funds of funds, to pursue global opportunities on the smaller end of the market.

Sacramento Partners is the latest of three recent new AIM ventures in recent months, including Hamilton Lane in underserved California markets and Centinela Capital Partners, a fund of funds targeting emerging managers.

Since 1990, CalPERS has invested in private companies primarily through limited partnerships or funds, typically with managers or general partners acting as third parties that invest the pension fund's capital.

The AIM Program had $33.1 billion in capital commitments and $12.1 billion in market value as of June 30, 2006.

CalPERS is the nation's largest pension fund with assets totaling more than $220 billion.

Word has it that the fund will be managed by Rick Hayes, who used to run Alternative Investments for CalPERS.

Gillian Parrillo
The Sacramento Executive


Reforesting Brings Rain - Ed Ring

This month the United Nations Framework Convention on Climate Change meets in Kenya, with the effects of global warming in the developing world at the top of the agenda. To kick this conference off, the United Nations Development Program has published a report entitled “Beyond Scarcity: Power, Poverty and the Global Water Crisis.”

As dutifully reported in the world press, this report is filled with dire predictions regarding the impact of global warming on the developing world. Lead author Kevin Watkins says climate change “now poses what may be an unparalleled threat to human development.”
The impact of global warming in Africa is being particularly highlighted. As reported in the BBC in March 2006 ”Africa could face more droughts,” Africa could be faced with 25% less water by the end of the century because of global warming. And the situation in Africa is already dire - the Africans are enduring their worst drought in over 100 years.

The solution however is not going to be found through most of the programs being kicked around this week in Nairobi. Africa’s drought, first of all, is having severe impacts because Africa’s population has increased at astonishing rates with virtually no proportional economic development. In 1960 Africa’s population was 277 million. By 1980 it was 470 million, and by 2005 it was an astonishing 890 million. There is no end in sight.

If this population growth was matched by a proportional increase in railroads, power plants, industrial manufacturing, agricultural modernization, an efficient water distribution infrastructure, and a health and educational infrastructure, then Africa’s population growth would not be part of the problem. But this population growth has been accompanied by steady deterioration in infrastructure, mushrooming disease and tribal conflicts, deforestation and desertification. As a result, the impact of population growth on Africa’s economy and environment has been huge and entirely negative.

Africa has become the biggest welfare state in the history of the world, and the only thing there is to show for all this welfare is more misery than ever. If Africans wish to improve their lot, they will have to find the strength in their own communities, and via their own innovations. A very positive example comes from India, where a local community is “greening the desert” by channelling rainwater through drains to replenish groundwater.

The way to bring increased rainfall back to Africa is not through planting biofuel crops so western oil companies can earn “carbon credits.” This disastrous strategy will increase deforestation and in turn it will exacerbate Africa’s drought. In a study published by MIT entitled “Deforestation, Desertification and Drought,” the authors conclude “deforestation along the southern coast of West Africa (e.g., in Nigeria, Ghana and Ivory Coast) may result in complete collapse of monsoon circulation, and a significant reduction of regional rainfall.”

There are other studies that point to similar results. Deforestation in the Amazon has reduced rainfall in that region. Deforestation in East Africa is the reason the glacier atop Mt. Kilimanjaro is shrinking. There is evidence that deforestation is not only the reason for droughts, but is also the most significant cause of the slight global warming we have experienced so far.
It is ironic and tragic that the global hysteria over global warming, and the virtual collapse of any credible public debate over the cause of global warming, may result in global warming and droughts getting worse. What if it isn’t anthropogenic CO2 that is the primary cause of global warming, but instead it is deforestation? Would we still want to chop down forests to plant sugar cane and oil palms for fuel? You want more water and a cooler planet? Plant trees.

Ed Ring
Editor, EcoWorld

November 9, 2006

Another Corporate HQ Leaves Sacramento

Nutracea (OTCBB: NTRZ), which makes food ingredients from rice bran is pulling up stakes and moving to Phoenix. They will maintain a warehouse in El Dorado Hills employing 17 people. That is to satisfy the requirements of a long-term deal signed with the Farmers' Rice Cooperative mill in West Sacramento.

moving%20truck.jpg

Same old story - CEO is from Phoenix (and this time the head of Sales too) and comes up with 'reasons' that the company should leave Sacramento. And the Board buys it. The 'reasons' this time:

"The company's El Dorado Hills location was not very accessible, and the company found a "more talented and educated labor pool" in Phoenix." Too bad as Nutracea looks like it is about to take off after several years of significant losses.

Another one bites the dust, or is that the chaff?

And what are the powers that be in Sacramento doing about this steady brain drain? We need to ask questions before there is nothing left to question!

Gillian Parrillo
The Sacramento Executive

November 8, 2006

Lomo No Mo'

Sadly, Lomo Argentine Grill, site of the very successful Sacramento Executive networking event in October, has closed its doors. Bob Shallit has the full story in his column in the Sacramento Bee today.

Good product, poor marketing. If no one knows you are open for business, you probably won't draw a very big crowd!

Too bad, we liked it and we loved it for our events. Anyone got any favorite places for groups of 150+ in late January, early February.

Gillian Parrillo
The Sacramento Executive

Why Is Intel Skeptical Of The One Laptop Per Child Program?

Gillian has been a big proponent of Nicholas Negroponte and his One Laptop Per Child initiative (see her previous post). But Intel is a big skeptic. Why?

David Kirkpatrick writes in a Fortune Magazine, October 30, 2006 article "This PC Wants to Save the World":

Negroponte's One Laptop Per Child initiative is preparing to launch its dream machine. In early November, 5,000 test units are slated to start rolling off state-of-the-art production lines owned by OLPC partner Quanta computer of Taiwan, the world's largest maker of laptops.
According to Kirkpatrick, Libya, Palestine, Argentina, Brazil, Nigeria, and Thailand each plan to purchase one million of the $100 laptops for its schoolchildren. Ethiopia, Indonesia, Mexico, and Vietnam are considering purchases as well. 50,000,000 units are planned to be shipped by the end of 2008.

These are big numbers. And they will grow. So where's Intel's beef? Apparently Intel's CEO Craig Barrett wrote a letter to Nigeria's President Olusegun Obasanjo, objecting to their plans to buy the computers, claiming the laptop to be a "limited version of the modern PC". What's behind Barrett's concern? Perhaps it is the fact the laptop uses an AMD processor instead of an Intel processor?

This sounds like sour grapes to me. Intel should embrace the vision and not shoot down the program. What is so wrong with attempting to flatten our world and provide every schoolchild a laptop?

Intel, please work with Negroponte and help make his vision a reality. These are schoolchildren that the initiative is attempting to address, not shareholders' pockets.

Pierre Cutler
The Sacramento Executive

Bipartisanship

President Bush speaking at today's press conference:

"The message yesterday was clear: The American people want their leaders in Washington to set aside partisan differences, conduct ourselves in an ethical manner, and work together to address the challenges facing our nation."

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Nancy Pelosi, soon to be Speaker of the House, also had encouraging words:

"Democrats are ready to lead. We are prepared to govern," she said Tuesday night. "We will do so working together with the administration and the Republicans in Congress in partnership, not in partisanship."

Let's hope our politicians can get back to working in a bipartisan way to solve many major issues faced by this country that need our full focus.

Gillian Parrillo
The Sacramento Executive

The Right Way To Fire Someone

A good article on firing an employee from Cliff Ennicom host of the PBS show The Money Hunt reprinted from Entrepreneur.com

I have had to fire many people over the years. It never gets easier. But oftentimes, the employee knows that he or she is not doing a good job and is relieved that it's over. And keep in mind, having a 'bad' employee in a position is detrimental to the morale of the rest of the group. As my boss from the mid 70's once told me, and I never forget it, "There's no shame in having roaches, the shame is in keeping them." Blunt, but true.

Firing an employee--looking someone straight in the eye and telling them they no longer have a source of income--is one of the toughest things you'll ever have to do as a business owner. It’s often as hard on the person giving the bad news as it is on the person receiving it. And yet it still needs to be done, especially if you have someone who's "poisoning the well" and bringing the entire business down with them.

Assuming this person is an “at will” employee--someone who doesn’t have an employment contract that guarantees employment for a specified time period--here are ten tips to help you remove the bad apple cancer from your business with a “zero to low” risk of being sued for wrongful termination.

1. Check your past feedback. If you've been giving this employee glowing performance reviews and a raise each year, they'll understandably be shocked when you call them into your office and give them the boot. Look back at your relationship with this employee, and if you've been sending them overly positive signals, don't fire the employee immediately! Instead, start changing the signals and let them know in no uncertain terms that they're not "living in Kansas anymore."

2. Give them a warning. Sit the employee down in your office, explain that you're unhappy with their performance, and give them a limited period of time (I would suggest 30 days) to turn things around. Make it very clear that if they continue to "fill in the blank with their bad behavior," you'll have no choice but to terminate them immediately. Prepare a “memo to the file” detailing what you told the employee.

3. Focus on specific behavior goals. Give the employee a list of behaviors you find unacceptable, and tell them exactly what they needs to do to get back into your good graces. Do not allow the employee to drag you into a discussion that focuses on anything other that what you've just covered.


4. Fire early in the week and never on a Friday. Assuming the employee doesn't turn things around for the better, fire them early in the work week. Never fire someone on a Friday, because then they can “stew about it” over the weekend and come into work the following Monday ready for a fight, or even worse.

5. Make it short, sweet and to the point. Do not get caught up in the employee’s emotions--have a box of Kleenex handy on your desk. Have a witness present during the meeting in case the employee threatens retaliation. Then proceed with the following steps:

Tell the employee that they're being terminated and when they'll be expected to leave the office.
Explain that the firing is “for cause,” but avoid going into detail about the grounds for termination. You don’t want to start an argument. Just point out that the employee did not attain the goals you wanted them to reach in their latest “performance review.” If the employee objects or becomes defensive, say simply “I’m sorry, but my mind is made up.”
Explain how much severance pay (if any) you'll be providing and what other benefits they'll be entitled to after they leave your employment.
Explain to them what you'll say should anyone call and ask you for a job reference. Be sure you've spoken with an employment law attorney first and have agreed on the exact wording.

6. Do not let the employee linger. Unless there's an urgent reason to keep the employee around for a few days, tell them that they're to leave the business premises immediately, after a short stop at their desk to pick up any personal items. Escort the employee to the door, so the employee doesn’t have the chance to steal any company files, trash any computer data or change any computer passwords without your knowledge. Better yet, have another employee change these while the other employee is in your office, so they can’t go back to their desk and wreak havoc with your computer system. Collect any office keys and company credit cards this employee might have.

7. Ask for a release, and give the employee an incentive to sign it. If the employee is a minority, a female or is over the age of 40, I would recommend asking them to sign a release of liability. Do not draft this yourself--there is very specific language a release form must contain in order to hold up in court, especially if the employee is likely to claim “age discrimination.” Have your employment law attorney draft the necessary release before the “exit interview”--it should take only about an hour of the attorney’s time.

Offer the employee something in exchange for signing the release, along the following lines: “You'll be entitled to one week’s severance pay, Mary, but if you sign this release form, I'll be happy to extend that to three weeks. Talk it over with your attorney if you like, and let me know what you decide to do.” You cannot force an employee to sign a release, but you can give them a strong incentive to do so. Also, giving the employee the chance to talk to their attorney demonstrates that you’re not worried about being sued.

8. Reassign the terminated employee’s job duties promptly. As soon as the employee leaves the premises, call your other employees together, tell them that the employee is no longer working for the company (but avoid giving details), and reassign their duties to other employees. That will prevent a “rumor mill” from starting and will inoculate the employees against any negative phone calls or e-mails they may receive from the terminated employee.

9. Do not fight the employee’s claim for unemployment benefits. If you do, there’s likely to be a hearing, which will be transcribed by a court stenographer. No matter what you say during the hearing, your ex-employee is likely to be awarded benefits anyway, and if you say one thing out of line, you’ve just given your ex-employee “Exhibit A” in their lawsuit for wrongful termination.

And the most important tip . . .

10. Get the job done. There’s only one thing worse than firing an employee who’s likely to get emotional, angry or violent, and that’s not firing them. Holding onto an employee who’s not performing or wreaking havoc with your business poisons your workplace in two ways: It allows the harmful behavior to continue, and it sends signals to other employees that they can get away with similar behavior.

Firing an employee is tough, and there’s no guarantee you won’t be sued no matter what you do, but if it has to be done, you do both yourself and your business a great disservice by putting off the inevitable.

Gillian Parrillo
The Sacramento Executive

November 7, 2006

Why We Vote

A piece written by Mark Hanson of the Practical Ethics Center at the University of Montana at the time of the last presidential election, which, in my mind is even more relevant today:

The techniques of the presidential campaign seem more designed to reinforce negative stereotypes and personality qualities as a way to rally the party and draw more members to its side. This makes the election as much about marketing as about platforms. It seems, then, that the candidate with the better personality and public relations firm has at least a strong a chance as the candidate with the most ethically defensible policies. And the marketing of a candidate depends on money—lots of it.

Democracy is not healthy under such conditions. Too much is at stake in the world for candidates not to be straightforward, and for voters to rely merely on party allegiance. To be sure, there are many good candidates running for office at all levels because they believe in honest public service. They make our job easier, and they should be commended. But as the stakes get higher, our job gets tougher. What can we do?

The challenge for the voter is to look past the techniques of political marketing to see what really matters. Policies do make a difference. Exercising true choice and asserting individuality means being mindful of the lenses through which we have come to interpret the world and asking ourselves how they may be distorting the truth. In some sense, we all ought to become independents, even if just for election day.

We also have to call our political leaders to account. Where democracy is being hindered—as it currently is by such moves as voter suppression, deception, and policies developed for big money donors—we need to speak up.

Our biggest responsibility is to vote for the candidates who best promote the values of democracy and the common good. We, the holders of our great democratic experiment, have an awesome responsibility to keep the government worthy of its people.

I added the emphasis above.

PLEASE VOTE TODAY AND VOTE THE ISSUES NOT THE PERSONALITIES.

Gillian Parrillo
The Sacramento Executive

November 5, 2006

TopCoder Targets The Chinese Market

I am beginning to become a big fan of TopCoder. I think Gillian will soon become a follower. I found this press release on TopCoder:

Glastonbury, Conn., October 25, 2006 —TopCoder®, Inc., the leader in online programming competition, skills assessment and competitive software development, today announced it has hired Yingying Wu as Vice President of Operations for TopCoder in Asia. Wu will oversee and manage TopCoder business relationships and will build TopCoder's market presence and member enrollment throughout the greater China and Asia region.

Wu has earned accolades for technical skills including the Innovation and Technology Prize of China in 2006, the highest award of its kind from China's Ministry of Education, and the 2005 National Contest in Modeling in Beijing where [Wu} took first prize. Technically accomplished, [Wu] holds patents for [over] 100 inventions including OPEN Indexing Technology and Dynamic Counter Cachet Technology. Wu also authored several technology books including Data Structure and Comprehensive Practical Activity and is a member of the American Psychology Association and the Association for Computing Machinery.

Previous to TopCoder, [Wu} held a position with Edoor Information and Technology Co. Ltd, in Dalian, China and was the Asia coordinator for the ACM International Collegiate Programming contest. Wu is currently a student at California's Stanford University in the graduate program of the university's Department of Psychology.

"TopCoder has a large number of Chinese members and has sought to establish a presence in China for some time, however a unique person with a highly specialized set of skills was needed," said Rob Hughes, President and COO of TopCoder, Inc. "Yingying Wu brings a graduate degree in psychology, extensive technical understanding and a deep awareness of business management all of which will bring significant value as we expand membership and the TopCoder brand in China."

About TopCoder, Inc.
TopCoder is the recognized leader in identifying, evaluating and mobilizing effective software development resources. Through its proprietary programming competitions and rating system, TopCoder recognizes and promotes the abilities of the best programmers around the world. TopCoder Software harnesses the talent of these developers to design, develop and deploy software through its revolutionary competitive development methodology. TopCoder's methodology emphasizes thorough specification and design, distributed development using reusable components, and a rigorous quality assurance review process and results in higher quality, lower cost software solutions than traditional software development methodologies.

By the way, Yingying Wu is female. Gillian, why doesn't the U.S. produce female stars like Wu?

Pierre Cutler
The Sacramento Executive

November 4, 2006

Go Sacramento Kings - But Where To?

Things are definitely not looking good for a long-term partnership between Sacramento and the Kings. More fuel for the fire. Sports Illustrated has a story speculating on where the Kings will move to if the arena deal doesn't pass (a very likely scenario).

Top candidates:

Anaheim
Los Vegas
San Jose
Kansas City
Seattle

Read the whole article

Gillian Parrillo
The Sacramento Executive

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November 3, 2006

Meridian Project Systems is Acquired

Another acquisition of a local promising startup - Meridian Project Systems. This follows recent acquisitons of Serious Magic, Sierra Logic, International Displayworks. For now, it appears that the jobs at Meridian will be safe as their acquirer Trimble Navigation Ltd. plans to run them as a separate unit with one of their founders, John Bodrozic, serving as the general manager.

You can read the details of the acquisition - no $ amount mentioned - on Meridian's website

The candidates for that local headquarter's company that we all want to see grow and thrive in Sacramento are getting less in number by the week.

Gillian Parrillo
The Sacramento Executive

November 2, 2006

Sacramento CEO Interviewed on NPR

Mitch Kolouris the CEO of Sacramento startup company Digital Music Group International (DMGI) was interviewed yesterday on NPR. You can hear the whole interview here.

As you may remember, Mitch worked as a manger for Tower Records for many years and in the interview the point is made that Mitch saw the demise of the brick and mortar model and made the decision to start DMGI, a digital download music company. Couple that with the recent demise of Tower and I thought it made a pretty compelling argument for what DMGI is doing.

DMGI went public last spring and the stock price has wandered downward since then (high of $10.42 on February 7th to a new low of $3.75 on September 18th. After the interview, there was a really nice pop and the stock is currently at $6.88.

Hopefully there will be some good news at the earnings call scheduled for November 10th.

Sacramento needs this company to do well - headquarters, public company, IPO, local investors, etc. etc.

I need this company to do well - I am one of those investors - albeit, pretty small!!

Gillian Parrillo
The Sacramento Executive

What's Your Story? by Scott Hildebrand

Local startup CEO Scott Hildebrand of Tubes Music has an interesting post that I am reposting with his permission. I think Scott poses an interesting question and worthy of crunching some brain cells to come up with an answer. Do startups need a business plan and a powerpoint presentation, or is there a better new way of presenting your company, preferably one that can stay abreast of the constant changes in a startup company?

One thing I’ve really noticed is how much I dread doing the stupid stuff. I don’t dread it because it’s boring or useless because it’s not, but there’s something highly ineffecient about doing a startup the old-fashioned way.

Before I had a team, the support of good advisors and a good lawyer, or any kind of technology demo, I wrote the business plan. At this point in time it’s literally 40 pages of shit. Maybe I’m lazy or maybe I just have a strong attraction to doing things efficiently, but now that the business plan needs a re-write I sure as hell don’t want to do it. I just don’t think it’s a very smart time/energy expenditure.

Many of the core values and influences and goals that Tubes was born out of are still the same, but the actual product and business goals have evolved. I’ve kept the financial plans up to date but the executive summary and Powerpoint deck both need some TLC as well. The question now is do we need them?

Things are different now. I have many things in place including the start of a really amazing team, and we have a lot of code written that does what it needs to do. There is definitely a general path that we’re following, but it’s very difficult to put everything on paper. As impressive as the original business plan might have been, is it a failure because things didn’t materialize as planned? Of course it’s not because we’re farther along now, and some of the kooky ideas in the business plan have been laid to rest while we’ve put focus on the real important and compelling stuff. Maybe it wasn’t a good plan to begin with… or maybe the business plan isn’t such a great format anymore for web startups. Also… do I even want a description of what we’re doing on paper or electronically that can be passed around to competitors? I think I prefer to show people and give them the story in person.

I have a lot of friends in startup-land, and for the most part their strategy doesn’t even include an inkling of Powerpoint or business plans or even financial models. Their strategy is to build and release, and hopefully people like it. If they do then hopefully the application or service can generate revenues… somehow. I don’t think that’s a good model to follow either, but there has got to be a better way!

I’m going to stop this post right now, because I don’t have the answer. If anybody has ideas on better ways to manage business development and direction, acquisition ideas, or anything else then please contribute and add your comments. Right now I can tell you that our internal development wiki for Tubes has become absolutely essential for keeping track of all kinds of shit.


November 1, 2006

California Voter Issues

This PPIC Statewide Survey is made possible with funding from The James Irvine Foundation.
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Some findings in the current survey, two weeks before the Nov. 7 election:

Among likely voters, Republican Governor Arnold Schwarzenegger’s lead over his Democratic challenger, State Treasurer Phil Angelides, increased one percentage point to 18 points, 48% to 30%, with 13% undecided. Schwarzenegger continues to pull much greater support from Republicans (86%) than Angelides does from Democrats (57%).
Likely voters continue to name immigration (21%) and education (19%) as the issues they most want the candidates for governor to discuss, followed by the state budget and taxes (10%), and jobs and the economy (7%). But most voters (60%), and at least half of Democrats (67%), Republicans (50%), and independents (60%), say they are dissatisfied with the attention that the gubernatorial candidates are giving to the issues.
Overall, Californians show more support for the general concept of using state bonds to pay for infrastructure than they do for any of the specific measures on the November ballot: 61 percent of likely voters think it is a good idea for the state government to pay for infrastructure improvements by issuing bonds, but 58 percent of likely voters say the $43 billion price tag for the five current bond measures is too much.
A majority of likely voters (59%) favors redistricting reform that would require an independent commission of citizens, not the governor and legislature, to adopt a new redistricting plan after each Census.

Gillian Parrillo
The Sacramento Executive



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