UD alumnus Rama Marda established the Rama Marda ’72 Graduate Scholars Fund to honor his experience at the University and to help others Rama Marda, a UD graduate alumnus, recently made a transformational gift to the Graduate College Rama Marda’s first flight was from his home in India to the United States. Fueled by his sense of adventure and a research assistantship that covered his tuition and living expenses, Marda was on his way to beginning his journey as a graduate student in the University of Delaware’s College of Engineering. “The funding from the research assistantship was a major factor in my ability to come to the University, and I had a wonderful experience with professors, meeting new friends, doing research, but also connecting outside of the classroom,” said Marda, class of 1972. “At the time, I was fascinated by aerospace engineering — just a few years before in 1969 a man had landed on the moon — and I was given this opportunity to work with Professor M.I. Young on studying helicopter rotor blades. I am so thankful to UD and the professor for the assistantship, and I am very grateful I can pay it back in some […]

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style-photography Lumen Technologies (NYSE: LUMN ) reported their fourth quarter and full year earnings earlier this month . The results sent panic through investors as the company’s stock plummeted, down 30% in February alone. The bonds, which were already priced at distressed levels, sank further. The company’s 2039 maturing bond, which I covered last November , has dropped to 50 cents on the dollar, now yielding over 16%. I believe the market has overreacted to Lumen’s results and created a great opportunity for income investors to pick up its debt at a discount. FINRA Lumen’s year was not without challenges. The company saw another decline in revenues, this time by more than $2 billion. While some of the decline was related to asset sales, expenses ticked up as well, creating a near $0 operating income. Fortunately, $3.2 billion of the expenses was goodwill impairment, a non-cash write-off of intangible assets. Stripping out impairments would create $1.4 billion decline in expenses on a comparable basis versus 2021 and create enough operating income to support interest expenses. SEC 10-K Lumen’s balance sheet shows the transformation that occurred due to asset sales in 2022. The company’s assets shrank by $12 billion and […]

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Feat of Clay has been at its 107 S. Main St. location in Aztec for about 15 years. (DelSheree Gladden/The Journal) Feat of Clay gallery is a 23-year fixture in the Aztec community, with much of that time spent at the same downtown Aztec location, but a change in building ownership paired with tripling rent necessitated a move. The gallery has been at 107 S. Main Ave. for about 15 years. It is a historic building that lends itself to displaying artwork. It was built in 1903 as a meeting place for the Odd Fellow fraternity, which occupied the second floor for most of the building’s existence. The first floor has hosted a variety of retail shops over the past century. The building is now on the National and State Historic Register. After the building changed ownership in 2021, work began to upgrade the building. The upper floor was renovated first, and the gallery’s co-op members were told that renovation of the first floor would take about three months, during which time they would have to clear out the space and either close or move to a temporary location. Either option going to be a major challenge for the […]

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A business credit card with ultra-high rewards on stays within the Wyndham brand and fill-ups at the pump. Introduction The $95 annual fee Wyndham Business Earner® Rewards Card offers high rewards potential, but only for very specific purchases. People who travel frequently for business and who are happy to always stay at a Wyndham property can earn an impressive 8 Wyndham Rewards points per dollar on hotel stays. They can also earn 8 points per dollar on gas, 5 points per dollar on eligible marketing, advertising and utility spending and 1 point per dollar on all other purchases. There’s also a decent welcome bonus of 45,000 points after spending $2,000 in the first 90 days. Redemptions for Wyndham hotels typically start at either 7,500, 15,000 or 30,000 points per bedroom so that welcome bonus is enough to jump-start a vacation. The downside of the Wyndham Business Earner Rewards Card is that even with a lucrative rewards structure, there is no option to redeem these rewards for cash back. Instead, rewards can only be redeemed for gift cards, online shopping purchases and free nights at participating Wyndham Rewards properties. One perk of this card not to overlook is the included […]

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Lenovo™ unveils the updated ThinkPad™ Z13 and Z16 Gen 2 for next generation progressive users Latest redesigned ThinkPad X13 and X13 Yoga Gen 4 for highly mobile professionals Refreshed ThinkPad T-series and L-series update workhorse laptops for agile business Updated ThinkPad E14 Gen 5 and New E16 Gen 1 deliver ThinkPad DNA to SMBs ThinkPad Professional Sleeves in 13-inch and 14-inch protect investment on the go Latest ThinkCentre™ Tiny-in-One (TIO) Gen 5 22-inch and 24-inch monitors provide modular solution for multiple scenarios Revised IdeaPad™ Duet 3i and IdeaPad Slim 3 Chromebook offer sleek choices for value-conscious consumers February 27, 2023 – Barcelona, Spain – Today at MWC ™ 2023, Lenovo unveiled its latest PC and Chromebook solutions to help embrace dispersed hybrid working styles and provide advanced features that empower users across a broad selection of requirements and needs. Encompassing a progressive and contemporary design philosophy, the latest PC solutions, including a comprehensive refresh across the ThinkPad portfolio, focus on improvements in system performance, increased use of more sustainable materials, and continued enhancements to user experience. ThinkPad Z13 and Z16 second generation Windows 11 laptops enhance key areas of hardware and software functionality to help users maintain a creative […]

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Stephane Deblock, head of process and change excellence – finance innovation at Meta, sheds light on how he approaches governance and the role it plays in driving transformational change Add bookmark Tags: Business Transformation Governance Governance Framework Governance Model BPM governance model Change Management Digital Transformation governance business transformation Governance frameworks help organizations prioritize digital transformation projects and ensure strategic alignment with larger business objectives. At tech giant Meta, the company that owns WhatsApp, Facebook and Instagram, governance has become a vital component of its finance transformation. Stephane Deblock, head of process and change excellence – finance innovation at Meta, recently sat down with PEX Network at OPEX Week 2023 to discuss why governance is essential to business transformation success. During the conversation, he also shared critical considerations for developing effective governance frameworks and explains why early stakeholder engagement is vital. These days, Stephane is focused on leading Meta’s finance innovation team, a unit tasked with driving operational excellence within the finance function. In addition to upskilling finance workers with process excellence skills, the finance innovation team also advises on major strategic projects offering subject matter expertise on technology implementation, change management and process optimization. Before joining Meta, Stephane […]

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Google Hustle Academy Class of 2022 cohort graduates Image: PRECIOUS JOY Our small businesses are set for a doom loop if we can’t expand the benefits of digitisation. 50 years on from some of the world’s coolest computing milestones and over 50 per cent of African Small and Medium Enterprises (SMEs) are still not using a digital business tool. In a 2020 study by African Banker and banking platform Backbase, digital transformation is imperative in every aspect of the business-from customer attendance to internal operations. For SMEs to be the engines of inclusive growth, we need to rethink SME development strategies that put digitisation at the centre of reform. Studies from developing economies show that digital business tools are fundamental to SME growth. They make you more efficient, productive, and innovative. Plus, they are the only way you can reliably reach a marketplace beyond your hood. But first, back to those 50-year milestones. 1972 was monumental for us techies. It was the year that saw the launches of the C programming language, floppy disks, the first scientific pocket calculator, the first international ARPANET connections and the seminal video game,Pong. It reminds us that the digital age is entering middle […]

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Vietnamese enterprises have begun allocating a budget for digital transformation, which shows heightened awareness of the need for the process. This was the conclusion of a newly released annual 2022 enterprises’ digital transformation annual report. The survey was implemented by the Enterprise Development Agency (EDA), an arm of the Ministry of Planning and Investment (MPI), in cooperation with LinkSME, a project on promoting reform and improving connectivity for small and medium enterprises (SMEs). The survey showed that Vietnamese enterprises are in the digitization stage, applying new technologies and software to implement digital transformation. However, many of them still cannot reach their goals and have stopped the use of technologies and software, while others are still applying the solutions, but are facing difficulties. More than 48 percent of enterprises carried out digital transformation, but they stopped the process because the solutions were unsuitable, or they no longer have demand. The reasons were the lack of personnel for the implementation. They also could not exactly define digital transformation goals and strategies. Only 2.2 percent of enterprises can master technology and management software to analyze data and make production and business decisions. In Vietnam, enterprises mostly apply digital solutions to operations that […]

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Sybrin, a leading provider of digital transformation services, announced today that it is extending its operations to the Philippines strengthening its foothold in the market with an official launch gathering the Philippines’ digital transformation leaders in the industry. “This is an exciting time for us as we enter the Philippine market given our ties with developing markets and our cultural affinity with the people. We are eager to join the local community and contribute to the nation’s development within the digital technology space. There is a large opportunity in the country as the government looks to digitize its various processes, and we believe that we are well positioned to provide the solutions that can help make this happen”, says Marius Mare, Group CEO of Sybrin. Sybrin realizes the immense potential of the Philippines as one of the most vibrant economies in Southeast Asia, with strong growth prospects and industries that are driving the country forward. Given that Sybrin has excelled in comparable conditions in Africa with similar industries and technological environments, they are enthusiastic about their decision to enter the market as a first in Asia. The impetus for their expansion into the region is further motivated by the […]

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Follow us on Instagram , subscribe to our Telegram channel and browser alerts for the latest news you need to know. Harvard Business School is the latest academic institution to capture the bank’s successful transformation journey in a case study that is being taught to its MBA students HONG KONG SAR – Media OutReach – 27 February 2023 – DBS continues to be studied as a transformation role model, with Harvard Business School (HBS) being the latest academic institution to capture the bank’s successful digital transformation journey in a case study. The DBS case is being taught in HBS’ Master of Business Administration (MBA) programme and its executive education courses by Professor Ranjay Gulati, Paul R. Lawrence MBA Class of 1942 Professor of Business Administration. Gulati was ranked as one of the top ten most cited scholars in Economics and Business over a decade by ISI-Incite. He is also the author of six bestselling books on strategy, organisational effectiveness and leadership in organisations [1] . Gulati said, "Businesses need to transform themselves in order to compete in today’s fast-changing markets. I was interested in studying how DBS transformed itself successfully, and to find out what they did and how […]

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