Tuesday, June 30, 2020

64% of companies are cutting innovation budgets | Sifted

Fewer projects — and smaller projects — but more emphasis on making them scale. This is what the picture looks like for corporate innovation in France, according to a survey by Founders Factory France.

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However, said Albin Serviant, chief executive of Founders Factory France, the remaining innovation projects were getting far more attention from the C-suite.

“Innovation is a board-level issue now. There are fewer projects but more emphasis on scaling them,” he said.

Publisher: Sifted
Twitter: @siftedeu
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Quite a lot has been going on:

The CMO Survey : In the US, marketing's share of budget grows even as head count declines -

Results from the lastest The CMO Survey reveal that Covid-19 has accelerated the adoption of digital tools among companies and customers.

At a headline level though, the report which studies the views of US CMOs, unsurprisingly reveals well-founded pessimism about the US economy. Respondents were somewhat less pessimistic about the outlook for their own organisations.

As to priorities, customer-facing interfaces and transformed go-to-market strategies are among the top agenda items for CMOs.

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Budget Insurance launches R6m small business relief fund

DURBAN - Budget Insurance has launched a R6 million small business relief fund to help small businesses that have been impacted by the coronavirus pandemic and lockdown regulations. 

Alex Terblanché, Head of Business Insurance at Budget Insurance launched the relief fund for the insurer's business insurance customers who have been affected by the Covid-19 pandemic. 

The R6 million fund will be split amongst small businesses with an annual turnover of less than R15 million. Those that qualify will be offered a relief package of up R100 000 each, as well as business mentoring support. 

Date: 2020-06-30T04:30:00.000Z
Twitter: @IOL
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Cal, UCLA stare down Under Armour as athletic budgets wobble

During a 13-month span in the middle of the last decade, the UCLA and Cal athletic departments signed a series of independent but massive contracts with sports apparel and marketing partners.

Each school teamed up with Under Armour for shoes and gear and with Learfield/IMG College for multimedia sponsorship rights.

The four deals, signed between Aug. 2015 and Sept. 2016, were worth more than $500 million (combined) to the athletic departments in cash, product and branding opportunities.

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Publisher: The Mercury News
Date: 2020-06-29T15:09:26 00:00
Twitter: @mercnews
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This may worth something:

On this year’s summer vacation, here’s how to set (and stick to) a budget | Travel

For Kathy Lopez, it's all about the spreadsheet. When she started planning a future trip to Europe with her friends, she put every expense into Microsoft Excel to determine how much the monthlong adventure would cost.

"We're going to save a lot of money and planning time on the road," says Lopez, a retired city manager from Prescott, Arizona.

If your eyes glazed over when you saw the word "spreadsheet," please keep reading. Travel companies don't want you to make a budget. They'd prefer that you mindlessly swipe your credit card at the ticket counter, the front desk, the restaurant. You'll spend more, and you could end up in debt.

Publisher: The Seattle Times
Date: 2020-06-29 06:00:00
Twitter: @seattletimes
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Hanover Area passes final budget after testy exchange in virtual meeting | Times Leader

HANOVER TWP. — The Hanover Area School Board approved a final budget with no tax increase Tuesday, but the motions sparked some testy debate after Board Member Vic Kopko read a statement warning of “financial minefields” in the budget and noting there is a $109,000 shortfall that will force the district to completely exhaust its small fund balance.

Kopko ultimately voted in favor of the budget, though he said it was “only because of the no tax increase.” After hearing about the deficit, Board Member Frank Ciavarella changed his vote to no, making the vote 8-1. Ciavarella said he was unaware of the deficit.

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Publisher: Times Leader
Date: 2020-06-30T05:00 00:00
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CEO Of Roche Pharmaceuticals On Serving Patients During The Pandemic And Driving Transformational

David and David: Can you give us an example and context on a specific Brody Moment from your past?

Bill: I was with Genentech for seven years, went to Basel to be chief marketing officer for Roche, then came back to Genentech as CEO in 2016. When I returned, things seemed pretty good. The company was doing well and had become the leading biotech company in the US. When I started asking people what they thought the challenges were, they told me they loved the mission centered on patients, the focus on great science, and the supportive culture.

Publisher: Forbes
Date: 2020-06-29
Author: David Benjamin and David Komlos
Twitter: @forbes
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West Gardiner budget proposal reflects concern for economy - CentralMaine.com

WEST GARDINER — Nearly four months after West Gardiner’s Town Meeting was to have happened, residents will decide the town’s proposed budget in a new way July 14.

Rather than an open Town Meeting, West Gardiner residents will vote by secret ballot on a scaled-back $1.2 million version of the spending plan proposal that appeared in West Gardiner’s annual Town Report.

As it now stands, selectmen are seeking an appropriation from property tax payers of $386,986 for 2020 that is 3.3% less than the $400,230 appropriation approved for 2020.

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Publisher: Kennebec Journal and Morning Sentinel
Date: 2020-06-28T22:26:38-04:00
Author: https www facebook com jessicalowelljournalst
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