anxiety, dentists: Actually the modern-day dentist is not so bad … but still it is engrained in me to be anxious.
consumer market, China, KFC: Interesting thought … Chinese consumers … and very interesting as to why KFC is so successful.
Some Western consumer-goods firms that are also-rans at home do surprisingly well in China. Back in America, Kentucky Fried Chicken KFC, part of Yum! Brands is dwarfed by McDonald’s. In China it has 3,300 restaurants—more than three times as many as its rival—and opens a new one each day. The secret of its popularity is local managers with the freedom to adapt KFC’s offerings to the Chinese palate. That means fewer bargain buckets of wings and more congee, a rice porridge with pork, pickles or mushrooms.
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Bernstein could have added: beware. The rules in China are still being written. Different arms of government may interpret them differently (see next article). And if someone in power changes his mind, there is not much you can do about it.
Will the Chinese government allow Nestlé to buy Hsu Fu Chi? In 2009 it rejected a $2.4 billion bid by Coca-Cola to buy Huiyan Juice Group, a drinks firm, for no apparent reason. Analysts say that this is unlikely to happen again, however. “The company is not strategically important and together Nestlé and Hsu Fu Chi would control only about 5% of the market,” says Jon Cox at Kepler Capital Markets in Zurich. As the world’s largest chocolate-maker Nestlé has high hopes for a market of more than a billion people who currently eat shamefully little chocolate.
Much could go wrong. Many economists think Chinese households save too much. Some fear a property bubble or a banking crisis. The risks of selling consumer goods in China are immense. But so is the opportunity cost of staying away.
via Consumer goods: The mystery of the Chinese consumer | The Economist.
tv, Bones: Love Bones … can’t wait for next fall.
If you think Bones’ seventh season is just going to be about diaper-changing and nap time, think again: The show is introducing a new villain, TVGuide.com has learned.
“This is someone who is an extremely odd and fearless foe,” executive producer Stephan Nathan tells us, comparing the character to such past serial killers as Gormogon and The Gravedigger. “Only he’s going to be much more of a 21st-century, tech-savvy foe.”
Fox announced last week that Bones won’t premiere until Nov. 3, which will allow the network to air six episodes in the fall before star Emily Deschanel takes her maternity leave. Nathan says those six episodes will primarily focus on expectant parents Booth (David Boreanaz) and Brennan (Deschanel) preparing to raise their child together, but they will also introduce the new killer, who will take a while to subdue.
via Bones Exclusive: Who’s the New Gravedigger? – Today’s News: Our Take | TVGuide.com.
Civil War, history, journalism, Frank Law Olmsted: I found this a very interesting historical tidbit.
Frederick Law Olmsted is rightly remembered as an eminent landscape architect, but in 1861 it was his work as a journalist and an administrator that brought him acclaim.
In February of that year, he agreed to edit his three earlier volumes, “A Journey in the Seaboard States” (1856), “A Journey Through Texas” (1857) and “A Journey in the Back Country” (1860) and reissue them as a two-volume work titled “The Cotton Kingdom: A Traveller’s Observations on Cotton and Slavery in the American Slaves States.”
The idea came from his London publisher, who assumed that the secession crisis would create great interest in such a work in England; Olmsted’s New York publisher quickly agreed. There was reason to believe they were right: one influential journalist and admirer later concluded that Olmsted’s writing “was more powerful and convincing than ‘Uncle Tom’s Cabin.’” While that overstates the case, the book drew a wide readership keen to learn about the nature of Southern society.
via Frederick Law Olmsted’s Writing About the South – NYTimes.com.
ethics, business: I was always told if I wasn’t willing to put my name on it, then I shouldn’t send it out.
Put your name on it
Is there a simpler way to improve quality and responsiveness?
If you can’t sign it, don’t ship it.
Easy to say, hard to do. Many people choose to work for a big organization precisely so they can avoid signing much of anything.
slime bags, perp walk: I never thought about how they did this in other countries … but now that I am thinking about it, it does give the impression of guilt.
IT WAS one thing for the French public to hear that Dominique Strauss-Kahn had been arrested. It was quite another to see him grim-faced, handcuffed and in the custody of New York detectives. To Americans, this was just the “perp walk”.
This practice gives the newspapers and television images for stories and lets police and prosecutors show off the big game they bagged. J. Edgar Hoover, first head of the FBI, paraded arrested mobsters before the cameras. Lee Harvey Oswald, Kennedy’s assassin, was killed during a perp walk. It was a favourite tactic of Rudy Giuliani when he was a federal prosecutor.
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If she means adversarial, she is correct. American trials pit two lawyers and two narratives against each other; a jury decides which is more plausible. The French have juries only in the most serious cases (including rape). Defendants lack fifth-amendment protections. Adversarialism may mean Mr Strauss-Kahn was roughed up in a way he would not have been in France; but it also meant that, when his accuser was found to be unreliable, the case began to collapse.
Hence a final argument against perp walks: they can be risky for prosecutors. Contrary to many French objections, Cyrus Vance, Manhattan’s district attorney, has behaved well. He dealt fast with a serious allegation against a rich suspect who was about to leave the country for one with which America has only a limited extradition treaty. He also moved quickly when the case against that suspect began crumbling. As for pictures of Mr Strauss-Kahn in handcuffs, the French may see a famous politician treated like a common criminal. Mr Vance—and the New York voters who elect him—may see another high-profile suspect whom he failed to convict.
via America’s judicial system: That guilty look | The Economist.
LinkedIn, social networking: Are you on? Do you use it? I am on … don’t use it except to monitor the postings by Davidson grads.
Professional networking service LinkedIn blasted through the 100-million-user mark in March, making it even more powerful for finding a job, keeping up with colleagues and promoting your resume.
LinkedIn is growing so quickly, it’s adding a new member each second. As the size of its network grows, LinkedIn is steadily getting more useful. But how are people really using the fast-growing service? Researchers at Lab 42 asked 500 LinkedIn users that question and many more, and came up with a variety of answers in this infographic.
Among the fun facts they uncovered: We found it interesting the way top level executives use the service in vastly different ways from entry-level workers. Let us know in the comments how you like to use LinkedIn, or if you don’t use the service, why not?
Betty Ford, obituaries, RIP: Rest in peace, Betty Ford: When I think of you I think of courage and your hair … 🙂
Honesty in marriage, like in politics, can be a gift or a weapon. Betty Ford’s husband Jerry loved her fizzy candor, her firm commitment when she believed in something and her refusal to pretend when she didn’t. She wore a mood ring, but that was redundant; she wasn’t one to hide an attitude anyway, any more than she’d hide how much her psychiatrist had helped her or what she thought of her children’s sex lives or which of her breasts was removed by doctors when she got cancer. So as the U.S. wrestled with the role it wanted women to play, she marched with Betty Friedan in support of the Equal Rights Amendment. As the political stars realigned for a generation around Roe, she called the court’s abortion ruling “a great, great decision.” As the trauma of Vietnam lingered, she discussed amnesty for draft dodgers. When after six weeks in office she discovered the cancer, she bared her pain in public. She was unlike any other First Lady and yet perfectly suited to her time — 29 months in the White House, during which America was catching its breath and checking its pulse to see if basic institutions and assumptions could survive the shock of the Nixon presidency. Her long combat against addiction brought all kinds of suffering out of the shadows. When she died Friday, July 8, at the age of 93, America lost one of its most unlikely and unmatched healers.
via In Memory: Betty Ford, Former First Lady, Clinic Founder – TIME.
Apple, iPhone: low-cost version … I’m ok with that.
Citing a source that has been reliable in the past, the report says Apple will introduce both a revamped iPhone 5 and a low-price iPhone that could work with prepaid networks.
The site’s Seth Weintraub is quick to point out that Apple already has two models of the iPhone on the market — the 3GS and the iPhone 4 — but writes that he believes the cheaper phone won’t simply be the iPhone 4 with slashed pricetag. The cheaper model, he thinks, could look more like the iPod Touch, which is also expected to get a refresh this fall.
via Apple will launch low-end iPhone this fall, report says – Faster Forward – The Washington Post.
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