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Strategic planning

Come learn about intellectual property and licensing, including managing risks and crafting a reasonable deal.  This Licensing Executives Society course is coming to Los Angeles for the first time! Register here.

Look for industries managing large volumes of data; two excellent examples are education and healthcare, where the users (students and patients) are really extensive data sets collected over a long period of time. One opportunity lies in becoming the tool to manage and aggregate the data, and another lies in the ability to synthesize and distill enormous data sets…. Read more at E-Commerce Times.

Even an engaged board may find that it is unprepared to face significant operational problems, since the most defensive management team often has good reason to be concerned.  Because of this, a board needs to be prepared with a few high-level, penetrating questions to identify and mitigate risks. Which actions are appropriate for an activist board seeking to manage a company through a challenging environment?  Read more at Corporate Compliance Insights.

The decline of the space program marks a loss in many related fields, as research and development funding associated with the Space Race led to many stunning technology successes in the U.S., including digital image processing used in MRIs, miniature electronics for pacemakers, memory foam mattresses and air bags for cars. The original Internet was born from defense funding…  Read more at World News.

Monrovia-based Ondax, which develops laser products and holographic gratings used in defense, industrial, medical diagnostics, analytical instrumentation, and consumer electronics markets, has added Andrea Belz to its board, the firm said Monday. The firm, which recently completed a $2.0M, Series E funding round from the Pasadena Angels and Tech Coast Angels, said Belz will represent both of those angel groups on its board…. Read more at SoCalTech.

Through her new “time-onomics” framework, marketing strategist Adrian C. Ott broadly extends this “time-onomics” concept (the monetary value of time) to value propositions. Does your value to the customer allow for more time on pleasant activities, or does it reduce time requirements for less-interesting tasks?  Read more on the USA Today blog.

Today’s financial officers typically describe strategic planning using the words “luxury” and “irrelevant” (and that’s in polite company!). Who can justify an activity that doesn’t accumulate cash? On the other hand, as Yogi Berra said, “If you don’t know where you’re going, you might not get there.” To thrive when the economy turns around, you need to prepare now….. Read more at The Business Edge.

In the last 24 months, “risk” has been transformed from a corporate mantra into a taboo. Like an unwanted family member at Christmas dinner, boards will tolerate risk only in minimal doses. Unfortunately, while the recession has already dragged on for quite some time, companies financed in the waning days of the boom are still going to be fertile ground for restructuring and shareholders will still looking closely, ready for a fight. Even in fiscally healthy companies, teams are unsure how to demonstrate that they are managing risk instead of taking it.  How do you manage risk conservatively and transparently?   Read more at Corporate Compliance Insights.

On February 17, 2009, President Obama signed the American Recovery and Reinvestment Act of 2009.  Unfortunately, the unemployment rate continues to hover in the 10 percent range in most states, and is reportedly even higher if one accounts for those who have given up or are underemployed. Similarly, in some areas delinquent loans account for as many as 10 percent of all mortgages; with another 5 percent in foreclosure, it looks like nearly one out of seven of us is struggling in one form or another. The stimulus package has clearly not been a rousing success. Why not?  Read more at Industry Today.