Friday, May 29, 2009


Business efficiency depends on business decisions, and business decisions depend on current, accurate information and powerful analysis.

Thursday, May 28, 2009


I suppose I shouldn't be surprised that human beings have such a hard time with apologies. The very history of the word comes from the Greek "apologia," which means "a speech in defense" of something. And isn't that the worst kind of apology? I'm sorry I insulted your cooking, but you really did oversalt the scrod.

Wednesday, May 27, 2009


Some scholars argue, in fact, that we're too willing to trust, and that we should be more circumspect. What's dangerous for individuals, though, may have been crucial for business development, because every innovation is a little shaky and needs credible people to try it out until it's ready for prime time. A little bit of initial trust has gone a long way in creating a situation where trust is commonplace for all sorts of activities crucial to our prosperity.

Friday, May 22, 2009

Caymans Haven

THE seas round the Cayman Islands may be blue, the sands white and the coral reefs a rainbow, but to the OECD, an economic group of rich countries, the Cayman Islands are grey. On May 14th the OECD ruled to keep the British colony on its list of unco-operative tax havens.

Thursday, May 21, 2009

Changing Attitudes

DESPITE changing attitudes and even laws to promote equality between the sexes, it appears that women still have their work cut out. Men enjoy more leisure time than women in every one of 18 countries examined by the OECD.

Wednesday, May 20, 2009


Here's the thing: if you look like other people, if your business looks like other businesses, then all you've done is increase your pool of competition.

Monday, May 18, 2009

Corporate Governance

Recent years have seen a number of scandals that have revealed sometimes shockingly poor standards of corporate governance in well-known companies—and exposed some directors who had regard only for their own interests while others were hopelessly ineffective. Managers may run a company but it is the job of directors to make sure it is well run and run in the right direction.

Saturday, May 16, 2009


Most people who provide advice to the CEO can't help but be biased. The management team, while truly vested in the success of the company, will protect the interest of their function and staff. The board often doesn't have enough information to be truly helpful or is driven by other factors, such as investor requirements, that are not always aligned with a CEO's longer-term strategy for the company. Mentors are great, but they can be hard to catch. Consultants try hard, but sometimes, they're looking for business.

Friday, May 15, 2009


The Canadian system is an oligopoly of five dominant banks. That dampens price competition: independent brokers originate less than one-third of the mortgages in Canada, compared with up to 70% in America during the bubble. It also makes it easier for Canadian banks to pull back when things are getting too risky.

Having a few banks that are clearly too big to fail has led to more stringent supervision, including imposing a maximum leverage ratio and a single regulatory regime for commercial and investment bankers.

Thursday, May 14, 2009

America's Cup

A New York judge has ordered America's Cup champion Alinghi of Switzerland to face American challenger BMW Oracle Racing in a rare one-on-one showdown in February.

Wednesday, May 13, 2009

Logic of the Perpetual Upgrade

Sustainability and the Logic of the Perpetual Upgrade
10:56 AM Wednesday May 13, 2009
by Daniel Goleman

Tags:Green business, Innovation, Strategy

Many companies have had their first encounter with sustainability in the form of an externally imposed mandate, like a notice to fix a plant's illegal air emissions. Or they've sought out low-hanging fruit, like cutting fuel bills by shifting to alternative energies or a LEED-certified building.

But the state-of-the-art comes when a company realizes that no single move or set of changes makes a company "sustainable," but rather that sustainability is a philosophy of continually finding ways to improve the company's ecological footprint.

Friday, May 08, 2009

Thetis Island Regatta

15th Annual Thetis Island Regatta
May 8, 9 and 10. LYC's Big Event of the Year! LYC Thetis Island Regatta May 8 - 10
LYC Thetis Island Regatta

Tuesday, May 05, 2009

Ecomyachting Sail and Cruise

Prospective Race Information Sperry Top-Sider NOOD Regatta
The Seattle Yacht Club and the Corinthian Yacht Club of Seattle are making arrangements to host a National Offshore One Design (NOOD) Regatta in Seattle. The Notice of Race will be issued after the publication of this race book. The information below is subject to change. DEADLINE for classes to form is May 4, 2009.
Dates: May 15, 16, and 17, 2009 (Friday, Saturday, and Sunday)
Classes to Race: One-design or level rated classes, as follows:
• Keelboat classes may include Santana 20, San Juan 24, Thunderbird, Holder 20, Star, Moore 24, J/24, 6 Meter, Etchells, M242, J/105, Melges 24, J/109, Flying Tiger, 1D35, Melges 32, C&C 115 and other keelboat classes with a prospective minimum of 7 boats registered
• Centerboard classes may include Laser, Laser Radial, Snipe, Vanguard 15, Tasar, International 14, Thistle, 505, 49er, A-Cat, and other centerboard classes with a prospective minimum of 7 boats registered.

Friday, May 01, 2009

Seattle Opening Day

Seattle Opening Day History
by Dick Souslin

Opening Day, the official opening of Seattle's boating season sponsored by the Seattle Yacht Club, includes a celebration of many kinds of water activities. This year's festivities will include a morning of crew races, a sailboat race, and, of course, the grand Opening Day boat parade on Saturday, May 2, 2009.

From its earliest days Seattle has celebrated important occasions with water festivities.

One particularly notable early celebration was scheduled for the Fourth of July, 1895. The papers reported that the Elliott Bay Yacht Club, the forerunner of the Seattle Yacht Club, held a regatta including several classes of boats in Elliott Bay. The grand climax was to be an illuminated naval parade at 9:00 p.m. on the bay followed by a naval sham battle. The Post Intelligencer described the scheduled events: " . . .a monitor is to be bombarded and then blown up. . . The parade will consist of two lines of yachts, brilliantly illuminated with Japanese lanterns and armed with Roman candles instead of cannons. The monitor will run the gauntlet, spitting red and blue balls at the fleet, which in return will bombard the monitor until her magazine catches fire and she blows up, throwing out myriads of stars, balls and rockets." Alas, the wind was too great for the event, extinguishing the candles, and the yachtsman and spectators went home disappointed.

In May 1908, the battleship brigade, later known as the Great White Fleet, stopped in Seattle on its round the world tour. Seattle organizers festooned the city, held land and water parades, dances and receptions to honor the fleet. Area yachtsman organized a welcoming committee to sail out and meet the visiting armada as it sailed into Elliott Bay.

The following year Seattle hosted the Alaskan-Yukon Exposition on the University of Washington campus. The Seattle Yacht Club acted as the official host to visiting boatmen. As part of the festivities, the Commodore and his club members arranged a public "Potlatch Parade" which took place at the Seattle Yacht Club clubhouse, which was still located in West Seattle.

According to the 1964 reminiscences of a Seattle Yacht Club member, the first Opening Day took place in early May 1913. He recalled a parade and a regatta in Elliott Bay.

The first Opening Day parade through the Montlake Cut was in 1920 after the Seattle Yacht Club moved to its new (and present) facilities in Portage Bay. Spectators lined both sides of the Cut to view the 25 or 30 boats as they paraded by, flying their dress flags. The boats finished the celebration with a regatta in Lake Washington sponsored by the Queen City Yacht Club.

The Opening Day Parade and Regatta became a spring tradition, which survived the war years. Opening Day 1946, was the biggest and most festive ever. It included members of every yacht club in Puget Sound and the Royal Vancouver and the Royal Victoria Yacht Clubs from British Columbia, Canada.

A theme was first used for the 1959 Opening Day, "Hell's a Poppin", and, since then, participants have decorated their boats around a theme. Prizes are awarded to the best-decorated and best-dressed boats in several categories.

Over the years, Opening Day activities have changed. Events such as the University of Washington crew races have become a part of the day's traditional festivities. Many spectators watch these popular races through the Montlake Cut from the shore, boats or TV. Opening Day 2009 marks the 25th anniversary of the Windermere Cup.

The commissioning ceremony on the Seattle Yacht Club lawn is attended by the Commodores of participating yacht clubs and starts off the Opening Day festivities. The clubs' burgees are hoisted, dignitaries are recognized, the Chaplin says a prayer, and the band plays!

As always, the Opening Day Parade starts at noon the first Saturday in May with the blast of a cannon and the raising of the Montlake Bridge. Seattle Yacht Club's Opening Day has become the nation's largest regional celebration of water, spring and the opening of boating season.

Participating yachts will be decorated to illustrate this year's theme for Opening Day, "Wild Wild West."

And, if tradition is honored, there will be sunshine, breezes and, maybe, a few showers.

Opening Day in Seattle is a family affair; families decorate their boats for the festivities and parades; families spread blankets on the shoreline and spend hours watching and picnicking. Families dream of the boats they someday will own.

The boating season officially never ends in the Seattle area. It tapers off during the blustery, wet days of winter, but the faithful keep sailing and cruising. Opening Day, however, kicks off a busy spring and summer of boating for many avid boaters in the Seattle area.

Opening Day offers some outstanding photo and story opportunities. You'll not find anything like it in the U.S. or, to our knowledge, in the world. The only thing comparable is an annual parade of commercial vessels in Venice, Italy.

Best Cuba City Guide – Interactive City Guide

Best Cuba City Guide – Interactive City Guide