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  • Outsourcing services to Cuba? A win-win for the U.S. and Cuba. | BizNews
    increased speed to market access to new markets technological flexibility and improved agility by shedding unnecessary overhead Jerry Haar Outsourcing of simple accounting work medical records evaluation and call center operations are commonplace nowadays across many sectors and industries Growing in importance however is outsourcing closer to home known as near sourcing or near shoring This variant is less costly if outsourcing costs rise due to currency appreciation culturally more compatible e g Jamaica versus the Philippines and far more efficient and effective if proximity such as time zone constraints is an issue Many U S companies whether multinational or local large or small rely on overseas outsourcing especially near sourcing to contractors in the Caribbean and Central America Since the cost quality and performance of outsourcing providers can vary from one year to the next companies that utilize these services are constantly on the lookout for new competitive vendors Fortunately for American companies that require near shoring services there s a new provider that may emerge as a major player in a year or two Cuba Following the White House announcement last December 2014 easing economic sanctions on Cuba U S companies immediately began positioning themselves to take advantage of commercial opportunities As the U S Treasury gave permission to American companies to open accounts with Cuban banks MasterCard became one of the first to inform its customers that it will handle their credit card transactions in Cuba However it was technology that was singled out by the administration as a priority area Cisco Oracle AT T Dell and others will be taking a close look and planning accordingly for a foray into the island nation Kirk Laughlin managing director of Nearshore Americas points out that Cuba is not a typical nearshore sourcing destination but has huge assets it brings to the table These include proximity whereby a New York City executive can fly to Havana in half the time it takes to fly to some Central American outsourcing hubs an educated citizenry 99 8 literacy rate due to the government spending three times more of its GDP in education than Mexico and the novelty and allure of doing business in an economy previously off limits so to speak Additionally Cuba has a large IT sector with 6 000 10 000 professionals including software programmers testers designers and project managers Recognizably there are serious limitations and downside risks involved in outsourcing to Cuba First the nation needs to improve its electrical grid build out and upgrade of its wireless network and improve IT workforce training workers that work almost exclusively for state enterprises Computer engineering and informatics are popular fields of study but the state does not have the capacity to absorb the local talent Additionally most of the connectivity is based on the X 25 protocol which is no longer adequate Other negatives include limited Internet access 16 of every 100 Cubans versus 40 in the Dominican Republic a lack of IT financing and an absence of adequate

    Original URL path: http://biznews.fiu.edu/2015/04/outsourcing-services-to-cuba-a-win-win-for-the-u-s-and-cuba/ (2016-02-17)
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  • Florida sees big benefits from stem cell research | BizNews
    2020 Jerry Haar There are a host of treatments and remedies both natural and pharmacological nutritional and kinesiologic that can extend longevity Unquestionably one of the greatest scientific breakthroughs in recent times has been in stem cells Research in this area is clearly revolutionizing health care Everybody has stem cells in their body The main purpose of these cells is to repair and maintain tissue The concept of stem cell therapy is to harness your body s own healing potential Scientists can isolate cells from a patient enrich them and then direct them to areas of disease In this case the stem cells may actually heal tissue or replace damaged cells with functioning cells instead of only masking symptoms The ability to combat disease without the negative side effects of pharmaceuticals is going to revolutionize medicine Adult stem cells are frequently used in medical therapies with treatment investigations for diabetes cancer stroke Alzheimer s and Parkinson s But stem cell therapies for heart disease are extremely promising and vitally important given that heart disease kills 1 of every 4 Americans each year and is the leading cause of death for both men and women Florida is one of the fastest growing bioscience regions in the world With a strong base of biotechnology medical devices and pharmaceutical companies world class research universities and some of the leading non profit research institutes in the world Florida has built a resource base to be a top bioscience destination With nearly 5 500 bioscience establishments 40 percent located in Southeast Florida generating over 16 billion in economic output and average compensation two thirds greater than other industries Florida s biotech industry has grown more than 75 percent over the past six years Florida s research universities conducts over 12 billion in bioscience related research and development on a yearly basis with most of the state s research universities involved directly or indirectly in stem cell research llustrative is Bioheart a Sunrise based biosciences firm that offers huge promise with its MyoCell therapy composed of muscle cells that are injected into the scar tissue that has formed in the hearts of patients suffering from heart failure Clinical trials worldwide have been shown to lead to improved cardiac function and an improved quality of life With a steady stream of positive clinical outcomes worldwide Bioheart launched a new facility in South Africa a stem cell institute last fall What could the state do to build on its existing biosciences infrastructure and enhance its national competitiveness in stem cell research and development Clearly Florida could establish something similar to the grant programs offered by the California Institute for Regenerative Medicine This could help create new treatments as well as create high tech jobs for the state Extending life and improve the quality of one s existence are clearly within our grasp Stem cell research and therapies vividly attest to the fact that the future is now Florida s bioscience ecosystem has a major role to play in

    Original URL path: http://biznews.fiu.edu/2015/03/florida-sees-big-benefits-from-stem-cell-research/ (2016-02-17)
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  • President’s Move Beams Ray of Hope to Cuba’s Entrepreneurs | BizNews
    India Jerry Haar While the quip may be an exaggeration in truth the benefits to the U S from the agreement are marginal however the door to US Cuban relations has been cracked open a bit more And for those who believe that entrepreneurship is a catalyst for economic self determination the provisions in the US Cuba agreement do provide a reason for guarded optimism Entrepreneurship in Cuba does indeed exist Its evolution received a shot in the arm in October 2010 when the government liberalized regulations regarding private sector activity The two most authoritative reports on entrepreneurship in Cuba authored by experts Philip Peters and Richard Feinberg respectively provide great insights and compelling case studies They note that private sector employment has increased over 145 with nearly 20 of the workforce of five million in entrepreneurial jobs Today the government has licensed 201 lines of work allowing multiple licenses and sales to state companies foreign firms and cooperatives by Cuban entrepreneurs But make no mistake the Marxist dictatorship has not fallen in love with capitalism With their foreign aid benefactors Venezuela and Russia in need of aid themselves Cuban public employment is not sustainable which is why 500 000 government jobs are slated to be slashed So entrepreneurship provides an escape valve and a revenue generator for the government Do not expect a surge in capitalism though Most entrepreneurs cannot borrow from banks nor can they obtain supplies at reasonable prices An industrial size plastic garbage can costs 85 four months wages and government inspectors and police hassle and shake down entrepreneurs on a regular basis To illustrate a privately employed fisherman with a little restaurant must sell his catch to the government and then buy it back for his restaurant at an inflated price Labor market distortions abound as well a computer scientist unable to find work in her field sells artisan works at a crafts fair an orthopedic surgeon is a taxi driver for tourists In the meantime provisions of the US Cuba agreement can provide benefits here in South Florida for those who produce and export certain building materials for private residential construction goods for use by private sector Cuban entrepreneurs and agricultural equipment for small farmers The accord also states that general licenses will be made available for all authorized travelers in the area of education No better consortium of institutions of higher learning is better equipped to offer training in Spanish to Cuban entrepreneurs than Miami Dade College FIU and UM With teams of professors and practitioners instruction could eventually be performed in a third country that enjoys full trade relations with Cuba such as Mexico in conjunction with Tec de Monterrey or in Costa Rica with INCAE The end of the trade embargo with Cuba will require per the Helms Burton Act restitution of confiscated American property Raúl Castro s abdication of leadership and concrete steps towards democracy Until that happens much can be done on the margins to support Cuba s fledgling

    Original URL path: http://biznews.fiu.edu/2015/01/presidents-move-beams-ray-of-hope-to-cubas-entrepreneurs/ (2016-02-17)
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  • Contributors | BizNews | Page 2
    your next career step will be helped or hurt Tags Career Management Services CMS John Nykolaiszyn LinkedIn tips Don t expect rapid change Jerry Haar January 9 2015 Faculty Contributors Curb your enthusiasm That s my advice inspired by the HBO series of the same name for wishful thinkers across the globe who have manifested unbridled euphoria ever since President Obama announced the normalization of diplomatic ties with Cuba It is just a matter of time now before the embargo will Tags Department of Management and International Business Jerry Haar The Keystone XL Pipeline A Win Win for the United States and Canada Jerry Haar February 26 2014 Faculty Media Coverage Contributors The United States would do well to move forward on the project Oh Canada Blessed by proximity to the United States cursed by its politics The ongoing saga of the Keystone XL pipeline best illustrates how a thriving trade investment and security relationship with our most important ally is being Tags Department of Management and International Business Jerry Haar One Difference Between Corporate CEOs And Billion Dollar Entrepreneurs Dileep Rao January 28 2014 Faculty Contributors Jamie Dimon has just joined a long list of CEOs who is doing well even though their companies suffered a huge hit The others are CEOs such as Stanley O Neal Charles Prince and Martin Sullivan One year after paying 20 billion in penalties JP Morgan Chase has just given its Tags Dileep Rao Nathan Hiller Department of Management International Business Are You Seeking Venture Capital As A Crutch Catalyst Or Fuel Dileep Rao August 20 2013 Faculty Contributors Knowing the difference between Steve Jobs I and Steve Jobs II could affect your fortune If you are seeking venture capital ask yourself whether you expect the funding to act as your crutch to help you move forward to be the catalyst to transform lead into gold or as the Tags Dileep Rao ACA Employer Mandate Delayed to 2015 Nancy Borkowski August 1 2013 Faculty Contributors By Nancy Borkowski DBA CPA FACHE FHFMA and Jerry Haar PhD Winners Losers and Those in the Middle Wherever one stands on the various issues of the Affordable Care Act ACA all parties agree that it is a complicated and challenging law In early July the federal government announced that Tags Health Management Programs Jerry Haar Management and International Business Nancy Borkowski Affordable Care Act ACA Haar to heart a technology brew is percolating in Peru Jerry Haar April 19 2013 Faculty Contributors Say Peru to a lot of people and what comes to mind Copper ceviche and Macchu Pichu Yet bubbling beneath the surface and already emerging is an ecosystem of startups that will soon hold its own in South America with those in Argentina Brazil Chile and Colombia A recent trip to Lima Tags Department of Management and International Business Haar to heart Jerry Haar Pino Global Entrepreneurship Center Haar to heart The global economy in 2013 Jerry Haar February 22 2013 Faculty Contributors Prediction is

    Original URL path: http://biznews.fiu.edu/category/contributors/page/2/ (2016-02-17)
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  • Christine Adolf | BizNews
    April 22 2013 Alumni Student Bloggers Volunteering in Nigeria Reflections Christine Adolf April 22 2013 Alumni Student Bloggers I hope you will judge yourselves not on your professional accomplishments alone but also on how well you have addressed the world s deepest inequities on how well you treated people a world away who have nothing in common with you but their humanity Bill Gates As I near the end of Tags Christine M Adolf A Year in Nigeria Living the questions Christine Adolf January 24 2013 Alumni Student Bloggers I want to beg of you much as I can to be patient toward all that s unsolved in your heart and learn to love the questions themselves like locked rooms or like books that are written in a very foreign tongue Do not seek the answers which cannot be given Tags Christine M Adolf A year in Nigeria Evolving professional Christine Adolf September 14 2012 Alumni Student Bloggers For her those jobs held no meaningful purpose And so she made the decision to search for meaningful work work about which she would have such passion that the question Why try for greatness would seem almost tautological Jim Collins author Good to Great I ve definitely settled into life here Tags Christine M Adolf A year in Nigeria the Mary Slessor Foundation continued Christine Adolf June 4 2012 Alumni Student Bloggers The true development of human beings involves much more than mere economic growth At its heart there must be a sense of empowerment and inner fulfillment Aung San Suu Kyi Living and working in Akpap Okoyong Cross River State is enriching my life immensely and continues to teach me about Tags Christine M Adolf A year in Nigeria Cross River State The People s Paradise Christine Adolf March 22 2012 Alumni Student Bloggers They d told us that a couple of the key soft skills we d need as CUSO International volunteers are flexibility and adaptability so very true I knew that in coming to Nigeria I was signing up for an adventure and the past month has certainly not disappointed After having been required to Tags Christine M Adolf A year in Nigeria Embracing diversity Christine Adolf February 6 2012 Alumni Student Bloggers I spent my weeklong Christmas and New Year holiday in Calabar and Iko Esai in the southeast of Nigeria becoming even more aware of the incredible diversity within the country It is hard to grasp the fact that there are more than 250 different languages spoken here in this one Tags Christine M Adolf A year in Nigeria Sannu da aiki Christine Adolf December 13 2011 Alumni Student Bloggers A Hausa phrase translated as well done and used as a greeting whenever Nigerians see you working going to work or coming from work As my time in Kaduna Nigeria goes by and days turn into months I continue to learn and grow and enjoy many new experiences The past Tags Christine M Adolf A year in

    Original URL path: http://biznews.fiu.edu/author/christine-adolf/ (2016-02-17)
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  • Christine M. Adolf | BizNews
    April 22 2013 Alumni Student Bloggers Volunteering in Nigeria Reflections Christine Adolf April 22 2013 Alumni Student Bloggers I hope you will judge yourselves not on your professional accomplishments alone but also on how well you have addressed the world s deepest inequities on how well you treated people a world away who have nothing in common with you but their humanity Bill Gates As I near the end of Tags Christine M Adolf A Year in Nigeria Living the questions Christine Adolf January 24 2013 Alumni Student Bloggers I want to beg of you much as I can to be patient toward all that s unsolved in your heart and learn to love the questions themselves like locked rooms or like books that are written in a very foreign tongue Do not seek the answers which cannot be given Tags Christine M Adolf A year in Nigeria Evolving professional Christine Adolf September 14 2012 Alumni Student Bloggers For her those jobs held no meaningful purpose And so she made the decision to search for meaningful work work about which she would have such passion that the question Why try for greatness would seem almost tautological Jim Collins author Good to Great I ve definitely settled into life here Tags Christine M Adolf A year in Nigeria the Mary Slessor Foundation continued Christine Adolf June 4 2012 Alumni Student Bloggers The true development of human beings involves much more than mere economic growth At its heart there must be a sense of empowerment and inner fulfillment Aung San Suu Kyi Living and working in Akpap Okoyong Cross River State is enriching my life immensely and continues to teach me about Tags Christine M Adolf A year in Nigeria Cross River State The People s Paradise Christine Adolf March 22 2012 Alumni Student Bloggers They d told us that a couple of the key soft skills we d need as CUSO International volunteers are flexibility and adaptability so very true I knew that in coming to Nigeria I was signing up for an adventure and the past month has certainly not disappointed After having been required to Tags Christine M Adolf A year in Nigeria Embracing diversity Christine Adolf February 6 2012 Alumni Student Bloggers I spent my weeklong Christmas and New Year holiday in Calabar and Iko Esai in the southeast of Nigeria becoming even more aware of the incredible diversity within the country It is hard to grasp the fact that there are more than 250 different languages spoken here in this one Tags Christine M Adolf A year in Nigeria Sannu da aiki Christine Adolf December 13 2011 Alumni Student Bloggers A Hausa phrase translated as well done and used as a greeting whenever Nigerians see you working going to work or coming from work As my time in Kaduna Nigeria goes by and days turn into months I continue to learn and grow and enjoy many new experiences The past Tags Christine M Adolf A year in

    Original URL path: http://biznews.fiu.edu/tag/christine-m-adolf/ (2016-02-17)
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  • A year in Nigeria: Embracing diversity | BizNews
    February 6 2012 I spent my weeklong Christmas and New Year holiday in Calabar and Iko Esai in the southeast of Nigeria becoming even more aware of the incredible diversity within the country It is hard to grasp the fact that there are more than 250 different languages spoken here in this one country alone I had to switch from Hausa spoken predominantly in northern Nigeria to Pidgin English spoken all over the country to greet people with How now How you dey How work and reply with a smile and I dey fine o A visit to the National Mosque in Abuja Kaduna seemed wonderfully diverse to me in that there is a good mix of Muslims and Christians as well as Hausa Igbo Yoruba and Fulani and several other tribes people and their specific languages In the southeast of Nigeria where the common language is Igbo I came across different people and a completely different landscape I had to remind myself that I was still in the same country Enjoying the colorful Carnival Calabar In my work here with Hope for the Village Child Foundation I am fortunate to collaborate with a very diverse team as well We have people from different parts of the country including the city of Lagos and Edo state our staff represents Hausa Fulani Yoruba and other tribes as well as both Islam and Christianity and we work in communities inhabited primarily by Gbagy and Adara people To add to the mix I m from North America and my housemate and colleague another volunteer is from Kenya It is a real blessing to be a part of a culturally diverse team at work and surely enriches the work we carry out in the communities Each day I see firsthand the capability of different people of different religions and different tribes working side by side to serve their fellow Nigerians and it is inspiring Let s live in peace sign I saw on a neighborhood walk during the recent national strike With the current unrest recent strike and protests and violent acts of Boko Haram in northern Nigeria the question of how to fully embrace the diversity within the country and to use it to move the country forward has been on my mind I have more questions than answers but I am optimistic that the masses of educated youth from all religious and cultural backgrounds will work together to bring forth innovative solutions to the country s most pressing problems Nigeria s future is bright o Christine M Adolf BBA 07 is spending a year in Nigeria as a CUSO International volunteer exploring how she can use her background in business to empower people living in poverty around the world Her interests include yoga reading dancing social entrepreneurship and exploring new places View all articles by Christine M Adolf Sharing Twitter 0 Facebook 0 Google 0 Linkedin 0 Email this article Print this article Authors Christine Adolf Tags Christine M Adolf Latest News

    Original URL path: http://biznews.fiu.edu/2012/02/a-year-in-nigeria-embracing-diversity/ (2016-02-17)
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  • A year in Nigeria: Sannu da aiki* | BizNews
    translated as well done and used as a greeting whenever Nigerians see you working going to work or coming from work As my time in Kaduna Nigeria goes by and days turn into months I continue to learn and grow and enjoy many new experiences The past month and a half has been very busy and very good I spent just over three weeks going to rural communities with the Education Secure Livelihoods Agriculture and Women s Development sections of Hope for the Village Child Foundation HVCF to conduct research to assess the impact of past programs as well as to better understand the needs of the communities to plan for the coming year The interviews were conducted in Hausa and Gbagyi but I was fortunate to have one of my colleagues nearby to translate what was being said Taking a break from the research with women in Koche Koche My role was to oversee the development of the research questions and to build the capacity of the local staff throughout the research process Spending time in these rural areas of South Kaduna listening to their stories and seeing the challenges firsthand was an incredible learning experience both professionally and culturally Recently we held the annual HVCF Bazaar in an effort to fundraise for the organization and its work in the communities We went to some of the local markets on their market days to promote the event and everyone seemed to enjoy the oyibo white person dancing up and down the market aisles A boy in Pantaki In my leisure time I ve attended the Nigerian church where my neighbor is the pastor and where he called me up to the front of the church to tell the story about how when he first invited me to attend his church I told him I do yoga on Sunday mornings went camping in the bush with a group of more than twenty expatriates and Nigerians for the Sallah holiday hosted a new VSO volunteer from India for his in country training placement visit and got a new housemate from Kenya I ve become used to having limited Internet connectivity almost no electricity and to eating spicy Nigerian dishes with plenty of pepe powdered chili pepper I celebrated the recent American Thanksgiving holiday by making a gratitude tree from a branch I found and writing just a few of the many things I m grateful for The blackboard of a primary school in Kaso Sarki The Nigerian people continue to amaze me with their generosity vibrant culture and unique worldview Christine M Adolf BBA 07 is spending a year in Nigeria as a CUSO International volunteer exploring how she can use her background in business to empower people living in poverty around the world Her interests include yoga reading dancing social entrepreneurship and exploring new places View all articles by Christine M Adolf Sharing Twitter 0 Facebook 10 Google 0 Linkedin 1 Email this article Print this article Authors Christine Adolf

    Original URL path: http://biznews.fiu.edu/2011/12/a-year-in-nigeria-sannu-da-aiki/ (2016-02-17)
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