Privately Speaking Issue #2: Tackling Innovation on a Tight

Total Page:16

File Type:pdf, Size:1020Kb

Privately Speaking Issue #2: Tackling Innovation on a Tight Insights on private company growth www.kpmg.com/us/privatelyspeaking Issue #2 Tackling innovation on a tight budget 2 PRIVATELY SPEAKING: INSIGHTS ON PRIVATE COMPANY GROWTH IN THIS ISSUE The Privately Speaking STAYING RELEVANT series investigates THROUGH INNOVATION the growth appetites mid new and changing competitors and consumers, 69% of and growth plans of private company CEOs are concerned about the future relevancy private companies, Aof their products and services and are therefore focused on improving them through innovation, according to the KPMG Private based on quantitative Markets Group’s survey of 226 U.S.-based private company executives. survey data, interviews with private CEOs, Our survey shows that developing new products and services, and improving existing products and services, are both playing a significant role in directing and perspectives of innovation in private companies. KPMG’s private markets “Product [and service] innovation is directly related to top line growth. If you want specialists. This issue to grow organically, you have to innovate,” says Eric Redifer, managing director in examines the important KPMG’s Strategy & Operations practice. role of innovation on But in today’s environment, innovating alone is not enough. As open source design the CEO’s agenda and tools, internet-based collaboration software, 3-D printing technology, and other the strategies leaders new tools and techniques make innovation processes faster and cheaper and significantly shorten product life cycles, organizations may also need to increase the of growth stage and speed at which they innovate. midsize companies should consider when “Companies have always driven revenue and market share by bringing new products and services to market at a high speed relative to competitors,” says driving innovation Redifer. “But today, if you don’t take advantage of product innovation quickly and in an environment of get products into the market first, you will lose in the marketplace.” constrained budgets and competing priorities. © 2015 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network independent firms limited liability partnership and the U.S. a Delaware KPMG LLP, © 2015 NDPPS 369128 All rights reserved.in the U.S.A. Printed entity. (“KPMG International”), a Swiss with KPMG International Cooperative affiliated PRIVATELY SPEAKING: INSIGHTS ON PRIVATE COMPANY GROWTH 3 How concerned are you that the products/services you sell today will be as relevant three years from now? 31% Concerned Not Concerned 69% What plays the most significant role in driving or directing innovation for your company? The top 5 responses given: 1 Improving existing products or services 2 Improving year-over-year growth and profitability 3 Delivering new products or services 4 Leveraging technology to facilitate internal collaboration Leveraging technology for external purposes to improve 5 the customer experience © 2015 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Printed in the U.S.A. NDPPS 369128 4 PRIVATELY SPEAKING: INSIGHTS ON PRIVATE COMPANY GROWTH INNOVATING COST-EFFICIENTLY ur survey results show that budget constraints are hindering the innovative efforts of many growing companies. Research and development (R&D) to foster Oinnovation is a low priority for capital allocation, and 45% of private company CEOs say budget constraints are the greatest barrier to innovation. “Private companies often have fewer resources and therefore must be careful about making mistakes they will not have the ability to recover from. At the same time, they must be more entrepreneurial because they tend to be smaller and closer to their customers. It’s a real balancing act,” says Redifer. As they balance the bottom line with a nose for growth, increasing innovation budgets may not be an option for many private companies. So the question is: How can they do more with less? OF PRIVATE COMPANY CEOs PARTICIPATING IN THE SURVEY SAY BUDGET CONSTRAINTS ARE THE GREATEST BARRIER TO INNOVATION © 2015 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Printed in the U.S.A. NDPPS 369128 PRIVATELY SPEAKING: INSIGHTS ON PRIVATE COMPANY GROWTH 5 FOUR STRATEGIES TO ENHANCE INNOVATION Developing and implementing an innovation strategy is never easy, clear-cut, or risk free, especially when confronted with resource constraints. To do more with less, and help increase the odds of success, private companies should: Embrace open innovation models and Lead innovation by example, but use digital advances such as social also relinquish control to key media and crowdsourcing to collect innovative talent—bold thinkers fresh ideas and feedback. Remove COLLABORATE with a deep understanding of barriers to the customer-facing target customers. Introduce new organization so innovation is EXTERNALLY policies—like public recognition more closely targeted to CREATE AN for creativity—to surface good real-time consumer desires. INNOVATIVE ideas from employees. CULTURE Pursue a few innovation projects simultaneously, rather than going Collect the necessary CLAIM R&D all in on one single idea. Take documentation and make the TAX CREDITS prototypes and pilots to customers necessary calculations to claim to pinpoint losing innovations R&D tax credits, helping to offset FAIL—AND quickly, and then reallocate the cost of innovation projects. SUCCEED—FAST resources to winning ones. © 2015 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Printed in the U.S.A. NDPPS 369128 6 PRIVATELY SPEAKING: INSIGHTS ON PRIVATE COMPANY GROWTH COLLABORATE EXTERNALLY rivate companies will be better able to spot trends, capture ideas, and predict future needs if they tap into the data and knowledge Pof the external world. “External collaboration really turns the tables on innovation initiatives, such as licensing Febreze brand innovation and allows small and midsize businesses to name and technology to Bissell for inclusion in a keep up with larger companies,” says Redifer. “While line of successful vacuum bags and filters.1 CEOs large companies are generally more protective of their looking to accelerate innovation should assess if their intellectual property, entrepreneurial companies don’t R&D is adequately exploiting external knowledge have the same barriers or resistance and actually need by investigating what external sources teams are to collaborate outside.” tapping into for feedback and how innovations are being shared externally with potential partners. In this age of digital connectivity, sources of information and ideas from all over the world can share valuable • Harness the power of social media. Tapping insights that inform innovation activities, without much into social media and online communities is an or any expense. Consider open innovation models, inexpensive way to develop the customer insights internet-based collaboration and research tools, and necessary to bring relevant products and services ways to connect with consumers. to market. With social monitoring tools, marketers can “listen” to real-time customer conversations • Embrace open innovation. Open innovation models and feed findings to product managers, who can help private companies innovate cost-effectively find inspiration for new features or new products. by incorporating external ideas, feedback, and Companies should also consider crowdsourcing, support throughout the internal R&D process, and the act of inviting communities to share ideas and encouraging companies to share ideas externally feedback, as an incredibly powerful and low-cost to identify new ways to innovate with others. channel for product innovation. Online clothing This open collaboration accelerates innovation by startup Lolly Wolly Doodle crowdsources customer bringing in widely distributed knowledge that may feedback from their Facebook page. If a style is a hit not be available from internal engineers, designers, on Facebook, they produce more, but not until initial and developers. Collaboration can take the form of orders come in. This method for product innovation joint ventures, licensing arrangements, or informal helped Lolly Wolly nearly double its revenues networks of customers, inventors, business partners, every year since 2009 and attract investment of and universities. P&G has built a billion-dollar $20 million.2 business with its Febreze brand through many open 1 Trademark Licensing Source: P&G, Connect & Develop, Open Innovation Stories (January 1, 2013) 2 The Startup That Conquered Facebook Sales Source: Inc. magazine, Tom Foster (June 2014 issue) © 2015 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Printed in the U.S.A. NDPPS 369128 PRIVATELY SPEAKING: INSIGHTS ON PRIVATE COMPANY GROWTH 7 • Leverage ideas from your stakeholders. (www.kpmg-innovationfactory.com) and Crowdsourcing, innovation
Recommended publications
  • Social Media: a Work in Progress for CPG
    SocialSocial Media:Media: AA WorkWork inin ProgressProgress forfor CPGCPG AA NationalNational SurveySurvey ofof ManufacturersManufacturers Third Annual Conference “Shopper Strategies: From Insights to Activation” September 21, 2011 325 W. Huron – Suite 714 Tel: (312) 932-0285 [email protected] Chicago, IL 60654 Fax: (312) 932-0286 Agenda Introduction & Background Social Media: 2011 Situation Analysis Who uses social media? How is social media used? How are consumers responding to social media? How are social media evaluated? How successful are social media? Questions 2 About Partners In Loyalty Marketing What We Do 1. Strategic planning 2. Program optimization & oversight 3. Program evaluation Our strength as an organization comes from: Our high level of experience and expertise The fact that we’re a true unbiased 3rd party We have no vested interest in specific technologies, vehicles, or media We take evaluation very seriously. It’s a key driver of program success! Michael Schiff, Managing Partners 15 years of experience in loyalty marketing, customer segmentation and targeting Extensive experience in relationship program development, databases, targeting, and program evaluation 3 Background The Shopper Technology Institute, in collaboration with Partners in Loyalty Marketing (PILM) surveyed manufacturers on the role of Social Media in marketing strategy A brief 20-question online survey was fielded in June-July 2011 Who uses Social Media, and how Social Media’s role in overall marketing strategy Consumer engagement with this new way of connecting to companies and brands Whether Social Media are measureable, and by which metrics How successful Social Media are in achieving business objectives Results are based on responses from 126 manufacturers across CPG industries Including food/beverage, HBC, and general merchandise 4 Average U.S.
    [Show full text]
  • Privately Speaking Issue #2: Tackling Innovation on a Tight
    Insights on private company growth www.kpmg.com/us/privatelyspeaking Issue #2 Tackling innovation on a tight budget 2 PRIVATELY SPEAKING: INSIGHTS ON PRIVATE COMPANY GROWTH IN THIS ISSUE The Privately Speaking STAYING RELEVANT series investigates THROUGH INNOVATION the growth appetites mid new and changing competitors and consumers, 69% of and growth plans of private company CEOs are concerned about the future relevancy private companies, Aof their products and services and are therefore focused on improving them through innovation, according to the KPMG Private based on quantitative Markets Group’s survey of 226 U.S.-based private company executives. survey data, interviews with private CEOs, Our survey shows that developing new products and services, and improving existing products and services, are both playing a significant role in directing and perspectives of innovation in private companies. KPMG’s private markets “Product [and service] innovation is directly related to top line growth. If you want specialists. This issue to grow organically, you have to innovate,” says Eric Redifer, managing director in examines the important KPMG’s Strategy & Operations practice. role of innovation on But in today’s environment, innovating alone is not enough. As open source design the CEO’s agenda and tools, internet-based collaboration software, 3-D printing technology, and other the strategies leaders new tools and techniques make innovation processes faster and cheaper and significantly shorten product life cycles, organizations may also need to increase the of growth stage and speed at which they innovate. midsize companies should consider when “Companies have always driven revenue and market share by bringing new products and services to market at a high speed relative to competitors,” says driving innovation Redifer.
    [Show full text]
  • Watching Elon Musk At
    2 | TEN YEARS OF 5000 One of the things you do at a 10th anniversary is THIS YEAR MARKS look back. And so we at Inc. did, with your help. We TH THE 10 ANNIVERSARY asked Inc. 5000 multiyear winners to pick the Inc. articles that resonated most with them when they OF THE INC. 5000. were a young company. The chosen stories range from one entrepreneur’s timeless essay about the stress of being the boss—“Entrepreneurial Terror,” by Wilson Harrell in 1987—to the inspiring yarn of an accidental WELCOME entrepreneur who turned her down-and-out city around. That was “Along Came Lolly,” by Tom Foster from 2014. If you missed the full versions of these TO OUR stories when they fi rst ran in Inc., well, your fellow Inc. 5000 winners recommend you read the edited versions of them here. YEARBOOK We hope that you, too, will look back at all you’ve accomplished over the past 10 years—the company F COURSE, INC. HAS been recognizing you’ve grown, the jobs you’ve created, and the obsta- fast-growing companies like yours cles you’ve overcome along the way. The journey for more than 10 years. The whole you’re on as a business owner isn’t measured in yearly thing started in 1979 with a list of or even decade-long chunks, but the 10-year mark is a 100. That leapt three years later to chance to look back, with justifi ed pride, at how far 500. By 2007, with the economy you’ve come.
    [Show full text]
  • Eptica Multichannel Customer Experience Study
    RETAIL Eptica Multichannel Customer Experience Study 500 U.S. Retailers Surveyed © Copyright Eptica 2015 / CONTENTS 1/ FOREWORD BY SHEP HYKEN .................................................................................................. 3 2/ EXECUTIVE SUMMARY ............................................................................................................ 4 3/ INTRODUCTION ........................................................................................................................ 5 4/ KEY FINDINGS ......................................................................................................................... 7 5/ CUSTOMER SERVICE VIA THE WEB ......................................................................................11 6/ EMAIL AND CUSTOMER SERVICE .........................................................................................12 7/ SOCIAL CUSTOMER SERVICE ................................................................................................13 8/ CHAT AND CUSTOMER SERVICE ...........................................................................................15 9/ CONSISTENCY ........................................................................................................................16 10/ CONCLUSION AND TAKEAWAYS ............................................................................................ 17 11/ SECTOR COMPARISONS ........................................................................................................21 12/ ABOUT EPTICA .......................................................................................................................27
    [Show full text]
  • S17-Macmillan-SMP.Pdf
    ST. MARTIN'S PRESS APRIL 2017 Get the Sugar Out! Shred It Forever Ian K. Smith From the New York Times #1 bestselling author of the SHRED diets, a book that fills an urgent need and supports all dieters who know cutting sugar is key. Get The Sugar Out! is the ultimate guide to eating well—and frequently —while dieting or making a lifestyle change after a diagnosis of diabetes or pre-diabetes. This book includes more than two dozen food swaps—vegetable and fruit flavored waters instead of soda, grains instead of rice, oven-baked sweet potatoes instead of fries—which are key to an achievable and permanent change in lifestyle. HEALTH & FITNESS St. Martin's Press | 4/25/2017 9781250130136 | $25.99 / $36.99 Can. Structured meal plans and more than 50 easy-to-follow recipes that are both Hardcover | 256 pages | Carton Qty: 24 nutritious and low or no sugar make Get the Sugar Out! both a great primer 9.3 in H | 6.1 in W for first-timers and a rich source of ideas for more knowledgeable readers. Subrights: UK: St. Martin's Press Translation: St. Martin's Press The book includes exercise routines and motivation to get bodies back on a healthy track and kick start weight loss. Other Available Formats: Ebook ISBN: 9781250130143 IAN K. SMITH, M.D., is the bestselling author of SHRED, The Fat Smash Diet, Extreme Fat Smash Diet, and The 4 Day Diet. He was the diet expert for six seasons on VH1’s Celebrity Fit Club, and has created two national health initiatives: the 50 Million Pound Challenge and the MARKETING National One Day Laydown Makeover Mile.
    [Show full text]
  • Behind the Boom
    RESEARCH the global leader in e-commerce data IRINTERNET RETAILER BEHIND THE ONLINE APPAREL BOOM There’s an explosion in online sales of apparel. Here are the financial, operating and marketing statistics and trends of the 250 leading apparel e-retailers that are taking all of the growth away from stores. Sponsored by: BEHIND THE ONLINE APPAREL BOOM BY JACK LOVE An exclusive look at who and what is steering U.S. apparel sales to the web from stores. he United States is the largest apparel market in Online Share of U.S. Apparel the world, consuming about 30% of the output of Tthousands of apparel manufacturers—and millions 2014 2015 of their workers—around the globe. And more of America’s retailers are dedicated to selling apparel than any other product line. So when there’s a sea change in the way apparel is 14.8% 17.0% sold, it’s a very big deal. According to a new research report published last month by Internet Retailer, that transformation has begun as billions of dollars of apparel sales are moving from physical stores to the internet. That report, entitled “Behind the Online Apparel Boom,” reveals 220 basis points increase that U.S. websites last year sold an estimated $80 billion in Source: Top500Guide.com apparel, an increase of 19.7% from the prior year, growth that’s fully five percentage points greater than the country’s Amazon’s apparel sales growth came largely at the total e-commerce market. By comparison, U.S. store sales expense of stores, not from other apparel e-retailers.
    [Show full text]
  • St. Martin's Press April 2017
    ST. MARTIN'S PRESS APRIL 2017 Blast the Sugar Out! Lower Blood Sugar, Lose Weight, Live Better Ian K. Smith From the New York Times #1 bestselling author of the SHRED diets, a book that fills an urgent need and supports all dieters who know cutting sugar is key. Blast The Sugar Out! is the ultimate guide to eating well—and frequently —while dieting or making a lifestyle change after a diagnosis of diabetes or pre-diabetes. This book includes more than two dozen food swaps—vegetable and fruit flavored waters instead of soda, grains instead of rice, oven-baked sweet potatoes instead of fries—which are key to an achievable and permanent change in lifestyle. HEALTH & FITNESS / DIET & NUTRITION / WEIGHT LOSS St. Martin's Press | 4/25/2017 Structured meal plans and more than 50 easy-to-follow recipes that are both 9781250130136 | $25.99 / $36.99 Can. nutritious and low or no sugar make Blast the Sugar Out! both a great primer Hardcover | 240 pages | Carton Qty: 24 for first-timers and a rich source of ideas for more knowledgeable readers. 9.3 in H | 6.1 in W Subrights: UK: St. Martin's Press The book includes exercise routines and motivation to get bodies back on a Translation: St. Martin's Press healthy track and kick start weight loss. Other Available Formats: Ebook ISBN: 9781250130143 IAN K. SMITH, M.D., is the bestselling author of SHRED, The Fat Smash Diet, Extreme Fat Smash Diet, and The 4 Day Diet. He was the diet expert for six seasons on VH1’s Celebrity Fit Club, and has created two national health initiatives: the 50 Million Pound Challenge and the MARKETING Makeover Mile.
    [Show full text]
  • Decker Announces Broadband Survey
    Invite a Friend [email protected] Oct. 15, 2013 Decker Announces Broadband Survey N.C. Commerce Secretary Sharon Decker invites all North (Left-right) GE's Industrial Solutions General Carolina households and businesses to participate in a new Manager of Power Components Norm Sowards, broadband survey. NC Broadband is launching a statewide Governor McCrory's Senior Advisor on Jobs and survey and scorecard project during the month of October to the Economy Tony Almeida, GE's Industrial help households and businesses throughout the state increase Solutions General Manager of Power Equipment their economic vitality by better utilizing broadband Stuart Thompson, and state Senator Josh Stein technologies. "The vision of NC Broadband is to improve the GE Opens New Product competitiveness of North Carolina's businesses and workforce Development Facility in Cary by promoting the use of information technology in education, health care, economic development and all levels of Governor Pat McCrory congratulated GE government," said Decker. "By utilizing this opportunity, our Energy Management for opening its new residents and business leaders can provide valuable feedback office in Cary. The new Cary office co-locates and, as a state, North Carolina can leverage its strength as a GE's engineering and product management leader in the digital economy." with other critical functions under one roof. In addition, it creates a global headquarters for During October, households and organizations will be asked GE's Power Components and Power to conduct an online assessment of their use of broadband Equipment businesses. technologies. The survey results will provide valuable information on broadband usage by North Carolina residents, "GE recognizes North Carolina's educated and commercial and nonprofit organizations, and will allow for workforce and great quality of life," said a comparison of broadband usage and economic impacts with McCrory.
    [Show full text]
  • Buying Unicorns: the Impact of Consumer-To-Consumer Branded Buy/Sell/Trade Communities on Traditional Retail Buying Behavior
    University of Richmond UR Scholarship Repository Marketing Faculty Publications Marketing 2018 Buying Unicorns: The Impact of Consumer-to-Consumer Branded Buy/Sell/Trade Communities on Traditional Retail Buying Behavior Catherine Armstrong Soule Sara Hanson University of Richmond, [email protected] Follow this and additional works at: https://scholarship.richmond.edu/marketing-faculty-publications Part of the Business Administration, Management, and Operations Commons, and the Marketing Commons Recommended Citation Soule, Catherine Armstrong and Sara Hanson. "Buying Unicorns: The Impact of Consumer-to-Consumer Branded Buy/Sell/Trade Communities on Traditional Retail Buying Behavior." Journal of the Association for Consumer Research 3, no. 3 (July 2018): 260-276. https://dx.doi.org/10.1086/698416 This Article is brought to you for free and open access by the Marketing at UR Scholarship Repository. It has been accepted for inclusion in Marketing Faculty Publications by an authorized administrator of UR Scholarship Repository. For more information, please contact [email protected]. CONSUMER RESPONSE TO THE EVOLVING RETAILING LANDSCAPE Buying Unicorns: The Impact of Consumer-to- Consumer Branded Buy/Sell/Trade Communities on Traditional Retail Buying Behavior CATHERINE ARMSTRONG SOULE AND SARA HANSON ABSTRACT Branded buy/sell/trade (BBST) is a consumer-to-consumer (C2C) selling phenomenon that is both mas- sive in scale and meaningful in its impact on consumer behavior and the traditional retailing landscape. Consumers buy, sell, and trade one focal brand’s products in these social media-hosted, consumer-initiated communities. This ar- ticle introduces the phenomenon, differentiates it from other forms of C2C exchange, and explores relationships be- tween members and the brand.
    [Show full text]
  • A Strategic Plan for a Greater Lexington ACCOMPLISHMENTS
    2020 RENAISSANCE – A Strategic Plan for a Greater Lexington ACCOMPLISHMENTS June 2013 – June 2018 Accomplishments June 2013 through June 2018 Updated 7/11/2018 OVERVIEW OF ACCOMPLISHMENTS Business / Job Development City Council endorsed Business Development Consortium Strategic Plan Contract through ElectriCities Retail Strategies (Lacy Beasley) for recruitment – Atlanta show, Charlotte show, Las Vegas show Promoting successes on City website - Uptown Lexington businesses that were recognized for façades; Lolly Wolly Doodle and Image Wizards publicity Completed Phase I feasibility and Phase II of a “Food Hub” or "Farm to Table" initiative - entrepreneurs invited to participate via website news “Lexington, NC Local First” trademark logo to promote support for existing businesses Increased CityWiFi access in Depot District Installed Uptown Lexington’s CityWiFi medallions – decorating streets and promoting CityWiFi Land purchase and amendment to United Furniture economic development expansion grant agreement - total of $3,250,000 investment and 400 jobs Lexington’s entrepreneurial initiative featured on Fox 8 News – January 12, 2014 with additional exposure via website news Ordinance amendment to permit and regulate Food Trucks Assisted with opening of approximately 10 new local businesses Issued Major Zoning Permits for Taco Bell, Walmart Neighborhood Market, Huntington Place Apartments, Family Dollar, Bojangles Issued 63 Certificates of Occupancy for new businesses Represented at International Council of Shopping Centers
    [Show full text]
  • Spring/Summer 2013
    2013 UMMER /S NG I R SP SPRING/SUMMER 2013 CATAWBA CAMPUS MAGAZINE www.catawba.edu PAID PERMIT 29 U. S. Postage U. Salisbury, NC Salisbury, Non Profit Org. Non Profit A N BURY S SALI www.catawba.edu 1.800.CATAWBA www.catawba.edu NORTH CAROLI Office Relations Public of 2300 W Innes St NC 28144-2488 Salisbury, SPRING/SUMMER 2013 October 18-20 DATE THE SAVE FEATURES Register online by October 8 www.catawba.edu/homecoming CATAWBA KUDOS 8 Catawba makes Forbes’ Grateful Grads Index EdiTOR & CHIEF COMMUNicaTIONS OFFICER Tonia Black-Gold McCORKLE’S 12 DIRECTOR OF GRapHic DESIGN SERVicES McCorkle’s to serve & PHOTOGRAPHER Starbucks® Products Tracy MacKay-Ratliff 704.637.4394 www.catawba.edu/giving STAFF COORDINATOR Nancy Mott What is the Catawba fund? WEB DEsiGNER & DEVELOPER COMMENCEMENT 16 The Catawba Fund is a giving umbrella Just as others provided Maegen G. Worley under which the following categories The Class of 2013, dignitaries support while you were here, of support for Catawba are grouped: SPORTS INFORMATION DIRECTOR & guests gathered to celebrate now you hold the key to assist James D. Lewis ’89 at commencement exercises General Unrestricted Giving the next generation. affects the entire College and every individual in it — every program, every Your assistance allows Catawba ALUMNI UpdaTES TOM CHILDRESS 38 activity, every aspect of the institution. to offer the best facilities, [email protected] These funds are applied directly hire the best faculty & to current operating expenses. True Blue, Tom Childress ’64 ADDREss CHANGES attract the best students. retired May 31st Campus Magazine, Catawba College Unendowed Student Aid 2300 W Innes St, Salisbury, NC 28144-2488 comprises the majority of the large We can direct funds immediately financial assistance program Catawba uses to things that are important to you to assist students in attending the College.
    [Show full text]
  • Silicon Harbor
    See the Future on SILICON HARBOR 2015 LOOKBOOK #EXPLORE Photo: Ron Cogswell The South Rises Again (but not like that) Is Elon Musk the Marco Polo of our age? Jeff Bezos the The new explorers who capitalize on this opportunity are Magellan? Are Google developers akin to Edison’s Menlo exactly who you will find at DIG SOUTH. In their honor, Park inventors? we declare the Festival theme for 2015 to be a simple call to action: #Explore. From Google Glass to SpaceX, we’ve entered a new age of exploration. The winners in this wild frontier will be Yes, the South is rising … but not in the way some the innovators, disruptors and startup hustlers now sailing old-timers might proclaim. It’s a new day, time to write into unchartered waters, upending old worlds as they hit the next chapter. So join us in Charleston to get inspired shore and planting their flags deep into the firmament. and tell us why your brilliant idea is next in line, poised for the big time and ripe for funding. Closer to home, the South is experiencing a moment of its own. And people like AOL founder Steve Case sense The revolution continues… the potential, declaring that through his Revolution fund he intends to seek and support high-impact, homegrown startups outside of traditional tech centers like Silicon Valley, Seattle and Boston. Case calls the movement “The Rise of the Rest.” And he is looking southward. Stanfield Gray 2 | DIG SOUTH 2015 FESTIVAL SCHEDULE MON, APRIL 27 TUES, APRIL 28 WED, APRIL 29 PRE-CONFERENCE DIG CONFERENCE & DIG SHOW REGISTRATION & BADGE PICK UP REGISTRATION & BADGE PICK UP REGISTRATION & BADGE PICK UP DIG MASHUP 11 AM – 7 PM | CINEBARRE 11 AM – 7 PM | CINEBARRE 7 AM – 7 PM | CINEBARRE Presented by OPEN SOURCE CHS 963 Houston Northcutt Blvd, Mt.
    [Show full text]