On Friday, April 21, I will present at the Cowtown American Society for Quality Roundup Conference in Fort Worth.
This is the seventh time that I will have facilitated a session for this group, and the first on this topic.
You can still register for the conference by contacting John Breckline by e-Mail at .
The conference theme is “Learn Today – Apply Monday.” I am pictured below speaking last year, where I had breakout groups.
Location: Radisson Hotel Time: 8:00-5:00
Fort Worth North – Fossil Creek
1 mile south of I-35W and I-820 North intersection
Submitted by: Karl J. Krayer – President – Creative Communication Network
Last Friday, at the April First Friday Book Synopsis, we celebrated the beginning of our 20th year. Randy and I were overwhelmed with the many aspects of the celebration, including cards, well-wishes, and above all, strong interpersonal marketing by regulars inviting newcomers to attend.
We received some special gifts. The beautifully framed and matted picture that you see me reading to the audience was just terrific. We received shopping money for NorthPark Mall. We got a complementary dinner at the Park City Club. And, finally, we received a generous donation to our charity, Running 4 Clean Water.
I am appreciative of everyone’s input, but a special thanks to the team who drove the celebration:
- Ed Savage
- Ian Feuer
- Jim Young
- Bill Wallace
- Dan Weston
- Phil Barnett
- Russ Hicks
- Mike Davis
- Tom Niesen
- Tom Meyer
- Bronwyn Allen
- Nick Barretta
We look forward to another 20 years. Let’s do this again in 2037!
For the third consecutive year, and fifth in the last seven years, Karl J. Krayer, President of Creative Communication Network, has accepted the invitation to speak at the Cowtown Conference of the American Society for Quality, to be held in Fort Worth on April 21, 2017.
The site for the conference is the Radisson Hotel Fort Worth, on Fossil Creek on Meacham. For registration information, contact Chris Hayden at .
At the bottom of this post are two pictures from Krayer’s presentations last year at the conference.
The two presentations will both be in the Leadership track for programs at the conference. The first one is a repeat of a presentation Krayer has given twice before at the conference. He was asked to deliver an encore presentation due to the extraordinary high marks given by participants on their program evaluations last year. Here is a description:
Organizing Change for Productivity and Results
Quality initiatives in most organizations typically involve changes in methods, processes, priorities, and other factors. People don’t resist change. They resist initiatives in which they are uninvolved and uninformed, which produce chaos and uncertainty, and which are imposed upon them. This type of change results in lost productivity for an organization. In this dynamic, interactive, and fast-paced session, learn how to maintain productivity during change with a three-component system that is systematic, systemic, and inclusive. Explore: (1) seven phases that provide change agents direction, (2) methods to gather and diffuse information to keep everyone involved and informed, (3) roles and responsibilities for each group in the organization that is impacted by the change throughout each phase of the process, and (4) mistakes that cause change initiatives to fail. Learn how this system allows organizations to “get it right the first time.” Become proactive by embracing change as positive, rather than focusing on how to survive, cope, avoid, manage, or adjust. This session is based upon the book that Karl co-authored with Bill Lee, Organizing Change: An Inclusive, Systemic Approach to Maintain Productivity and Achieve Results from Jossey Bass/Pfeiffer/Wiley (2003).
The second is new to the conference this year. Here is a description of the program:
Partnering for Quality: It’s Better Together!
Attention to teamwork and quality began in earnest in American business in the mid-80’s. Yet, today, many individuals and organizations do not practice teaming on the job. In this highly interactive and fast-faced presentation, you will learn the documented advantages of working in teams, four major processes to build partnering (goals, roles, processes and procedures, relationships), and links to effectiveness and efficiency on tasks and projects. Throughout the session, you will hear real-life examples of the presenter’s experience with teamwork and improved quality in the construction and utilities industries, among others.
Again this year, Creative Communication Network is a major sponsor of a charitable endeavor, which is Running 4 Clean Water. At the April First Friday Book Synopsis, we will solicit and accept tax-deductible contributions.
Last year, our event donated over $1,900 to the charity. The proceeds from the race go directly to building wells in Sierra Leone, Africa, where over 9,000 people per day die because of the lack of clean water!
The actual 5K race is on Saturday, April 29, at O’Banion Middle School in Garland. The school’s address is 700 Birchwood Drive, Garland, Texas 75043. The race starts at 8:30 a.m. That race is followed a fun 1K race. We are looking for interested runners to be a part of the CCN team this year. Pictured is our 2016 running team, along with Karl J. Krayer, President of CCN. Four of the runners won medals for one of the fastest times in their respective divisions.
To get information about running in the race sponsored by CCN, or to make a tax-deductible donation as part of the CCN contribution, please contact us at:
Stephen A. Cohen, who was the focus of one of the most intensive insider trader investigation in history, is the subject of a new best-selling business book that debuted at # 3 on the Wall Street Journal best-seller list (January 18-19, 2016, p. C10).
The book, Black Edge: Inside Information, Dirty Money, and the Quest to Bring Down the Most Wanted Man on Wall Street (Random House), was released on February 7, and as of today’s writing is in the top four best-selling books in three Amazon.com sub-categories.
The author is Sheelah Kolhatkar, is a current staff writer at The New Yorker. She is a former hedge fund analyst. Her features focus upon Wall Street, Silicon Valley and politics. Kolhatkar has appeared on numerous business television programs, and also been a guest columnist in several business magazines, as well as the New York Times.
Who is Stephen Cohen, and what exactly is this book about? Please read this summary taken from the publisher’s website at http://www.penguinrandomhouse.com/books/234210/black-edge-by-sheelah-kolhatkar/9780812995800/.
“The rise over the last two decades of a powerful new class of billionaire financiers marks a singular shift in the American economic and political landscape. Their vast reserves of concentrated wealth have allowed a small group of big winners to write their own rules of capitalism and public policy. How did we get here? Through meticulous reporting and powerful storytelling, New Yorker staff writer Sheelah Kolhatkar shows how Steve Cohen became one of the richest and most influential figures in finance—and what happened when the Justice Department put him in its crosshairs.
“Cohen and his fellow pioneers of the hedge fund industry didn’t lay railroads, build factories, or invent new technologies. Rather, they made their billions through speculation, by placing bets in the market that turned out to be right more often than wrong—and for this they have gained not only extreme personal wealth but formidable influence throughout society. Hedge funds now manage nearly $3 trillion in assets, and competition between them is so fierce that traders will do whatever they can to get an edge.
“Cohen was one of the industry’s greatest success stories. He mastered poker in high school, went off to Wharton, and in 1992 launched SAC Capital, which he built into a $15 billion empire, almost entirely on the basis of his wizardlike stock trading. He cultivated an air of mystery, reclusiveness, and extreme excess, building a 35,000 square foot mansion in Greenwich, Connecticut, and amassing one of the largest private art collections in the world. On Wall Street, Cohen was revered as a genius.
“That image was shattered when SAC became the target of a sprawling, seven-year government investigation. Labeled by prosecutors as a “magnet for market cheaters” whose culture encouraged the relentless hunt for “edge”—and even “black edge,” or inside information—SAC was ultimately indicted in connection with a vast insider trading scheme, even as Cohen himself was never charged.
“Black Edge offers a revelatory look at the gray zone in which so much of Wall Street functions, and a window into the transformation of the U.S. economy. It’s a riveting, true-life legal thriller that takes readers inside the government’s pursuit of Cohen and his employees, and raises urgent questions about the power and wealth of those who sit at the pinnacle of modern Wall Street.”
A less biased, although equally positive review appeared in the New York Times, written by Jennifer Senior on February 1, 2017. One of her points is: “But my hunch is that readers will most remember “Black Edge” for showing them just how alarmingly pervasive insider trading was in the years surrounding the 2008 collapse. It became commonplace, domesticated — dare I say it? — normalized.” You can read that review by clicking on this site: https://www.nytimes.com/2017/02/01/books/review-black-edge-an-account-of-a-hedge-fund-magnate-and-insider-trading.html?_r=0.
And, in case you feel sorry for Cohen, the last line in Senior’s review says, “[Kolhatkar] notes that in 2014, Cohen made $2.5 billion by trading his personal fortune alone. ‘He is making plans to reopen his hedge fund,” she writes, “as soon as possible.’”
Please continue to monitor our website at 15MinuteBusinessBooks.com, to see if this book rates one of our monthly selections at the First Friday Book Synopsis for presentation. Randy and I will discuss this very soon!