| Will You Add? |
Hubs | Hubbers | Topics | Request |
| #1 in Business | Subscribe Email Print |
|
You are here: Home > Business > PR > What PR Organizations Say, What They Mean About Options Backdating |
|
Will You Add? - What PR Organizations Say, What They Mean About Options Backdating
Step One To Creating An Effective Direct Response Piece tually helped us through this. When someone from the audit team asked, we would either transfer them or ask them to leave. Now we have a mess. This SOX thing has also put some pressure on us. If we admit we had internal controls problems but now we passed our SOX audit, then we will absolve ourselves of all blame."Do you want to get a measurable response from your advertising, or do you want to generate awareness for your business? The answer to this question will direct you to a marketing strategy that generates new, interested prospects, or a branding campaign that creates awareness to an unknown number of prospects in your area.If you want to gene 4. What they say - "Senior executives in the company who ha Branding – Makes Your Product Distinctive In The Marketplace If you look at all the press releases from various companies on the options backdating issue and start to detect patterns, you cannot but help think they are written all by the same legal firm - they have the same boiler plate stuff, bunch of nonsense, a few technical terms and a few buzzwords. So we are attempting to clear up the mess with plain-speak.When you think of breakfast cereals, what product name comes to mind? When you think of digital camera, what product name occurs to you? Branding makes a product distinctive in the marketplace, its removes anonymity and gives identification to a company and its goods and services. “Branding” is actually a very general term covering brand names, de 1. What they say - " The SEC has issued an informal inquiry against our options backdating practices". What they mean - " Damm! the SEC is a pretty rough bunch. Their informal inquiry looks more like a indicitment. We are not exactly sure what all we did wrong and not sure of what all we have to do to correct it. In any event, if we say its informal then the stockholders will think its nothing big." 2. What they say - " We intend to fully cooperate with the SEC" What they mean - "What choice do we have? Its not as if we have a whole bunch of options. Its like your ex-wife asking you to talk to her through the divorce settlement. If we dont cooperate we will all go to jail. We have to cooperate else we'll look guilty. If we do cooperate we will only end up paying a bunch of lawyers fines and settlement fees." 3. What they say - "There were material weaknesses in our internal controls" What they mean - " No one was minding the shop really. We were all busy getting drunk on "eyeballs", "business development deals" and "barney relationships". The accountants and lawyers were there too. They actually helped us through this. When someone from the audit team asked, we would either transfer them or ask them to leave. Now we have a mess. This SOX thing has also put some pressure on us. If we admit we had internal controls problems but now we passed our SOX audit, then we will absolve ourselves of all blame." 4. What they say - "Senior executives in the company who hav Top 5 'New Business' Mistakes To Avoid When Opening A New Restaurant SEC has issued an informal inquiry against our options backdating practices".“Businesses with fewer than 20 employees have only a 37%chance of surviving four years (of business) and only a 9% chance of surviving 10 years. Restaurants only have a 20% chance of surviving 2 years. Of these failed business, only 10% of them close involuntarily due to bankruptcy and the remaining 90% close because the business was not successfu What they mean - " Damm! the SEC is a pretty rough bunch. Their informal inquiry looks more like a indicitment. We are not exactly sure what all we did wrong and not sure of what all we have to do to correct it. In any event, if we say its informal then the stockholders will think its nothing big." 2. What they say - " We intend to fully cooperate with the SEC" What they mean - "What choice do we have? Its not as if we have a whole bunch of options. Its like your ex-wife asking you to talk to her through the divorce settlement. If we dont cooperate we will all go to jail. We have to cooperate else we'll look guilty. If we do cooperate we will only end up paying a bunch of lawyers fines and settlement fees." 3. What they say - "There were material weaknesses in our internal controls" What they mean - " No one was minding the shop really. We were all busy getting drunk on "eyeballs", "business development deals" and "barney relationships". The accountants and lawyers were there too. They actually helped us through this. When someone from the audit team asked, we would either transfer them or ask them to leave. Now we have a mess. This SOX thing has also put some pressure on us. If we admit we had internal controls problems but now we passed our SOX audit, then we will absolve ourselves of all blame." 4. What they say - "Senior executives in the company who ha Refresh Your Web Site quot;So you have a Web site. And so does most every business these days. But what you really need is a way to set your business apart from the competition, an online presence that will keep clients and prospects coming back again and again.As usual, outstanding content may be your solution. While clear, well-written content is vital (see my June 2. What they say - " We intend to fully cooperate with the SEC" What they mean - "What choice do we have? Its not as if we have a whole bunch of options. Its like your ex-wife asking you to talk to her through the divorce settlement. If we dont cooperate we will all go to jail. We have to cooperate else we'll look guilty. If we do cooperate we will only end up paying a bunch of lawyers fines and settlement fees." 3. What they say - "There were material weaknesses in our internal controls" What they mean - " No one was minding the shop really. We were all busy getting drunk on "eyeballs", "business development deals" and "barney relationships". The accountants and lawyers were there too. They actually helped us through this. When someone from the audit team asked, we would either transfer them or ask them to leave. Now we have a mess. This SOX thing has also put some pressure on us. If we admit we had internal controls problems but now we passed our SOX audit, then we will absolve ourselves of all blame." 4. What they say - "Senior executives in the company who ha Regaining World Market Share Starts With Getting Physical - And Agile ing a bunch of lawyers fines and settlement fees."It's no secret that the U.S. lost a significant market share in key industries: wide-bodied aircraft, semi-conductors, automobiles, electronics, and steel. The U.S. manufacturing base has eroded to offshore competitors; we've lost our edge in price, delivery and quality. Our foreign competitors are delivering high quality products with one pass th 3. What they say - "There were material weaknesses in our internal controls" What they mean - " No one was minding the shop really. We were all busy getting drunk on "eyeballs", "business development deals" and "barney relationships". The accountants and lawyers were there too. They actually helped us through this. When someone from the audit team asked, we would either transfer them or ask them to leave. Now we have a mess. This SOX thing has also put some pressure on us. If we admit we had internal controls problems but now we passed our SOX audit, then we will absolve ourselves of all blame." 4. What they say - "Senior executives in the company who ha Walking Sticks - A Money Making Hobby tually helped us through this. When someone from the audit team asked, we would either transfer them or ask them to leave. Now we have a mess. This SOX thing has also put some pressure on us. If we admit we had internal controls problems but now we passed our SOX audit, then we will absolve ourselves of all blame."Carving walking sticks wasn't meant to be a money-making hobby for me. I sometimes made them when backpacking, and I had always enjoyed taking my pocket knife to a piece of wood to see what I could make. I just hadn't thought of doing anything more with the hobby.One summer, when my wife Ana and I briefly got into the flea market business, 4. What they say - "Senior executives in the company who have been associated with this have resigned" What they mean - " Its not us its them. We are the nice guys. If there was anything going on it was under their watch. Sue them and leave us alone" 5. What they say - "Our board and audit teams have already started an internal investigation of our options backdating and will report their results soon" What they mean - " Our board got really scared they might get implicated in this. Finally after all these years they actually have to do some work to earn their pay instead of coming to our meetings, eating donuts, asking for gourmet coffee and paying golf with the CEO. So they came together, asked us to spend a bunch of money so they could CTA (Cover their AS*)
HTTP = HTML link (for blogs, profiles,phorums):
Related Articles:Five Words to Never Use in an Ad Leadership Matters Work Habits That Sustain Competitive Advantage
|