Word of the day

June 22, 2012

 

Misocapnist – someone who hates smoking or tobacco smoke in any form.


Friday’s answers – updated

June 22, 2012

Thursday’s questions were here.

Andrei gets an electronic batch  of biscuits for perseverance and  can claim the electronic fruit cake if the answers given were wrong.

Updated: whoops, I missed Paul’s and Teletext’s questions,both of which have stumped everyone  and so win an electronic fruit cake each.

Paul – my brother is sailing from there to here about now too.


Catch them being good

June 22, 2012

What’s more effective at preventing crime – punishing the bad or rewarding the good?

For years, the Royal Canadian Mounted Police (RCMP) detachment in Richmond, Canada ran like any other law enforcement bureaucracy and experienced similar results: recidivism or reoffending rates ran at around 60%, and they were experiencing spiraling rates of youth crime. This forward-thinking Canadian detachment, led by a young, new superintendent, Ward Clapham, challenged the core assumptions of the policing system itself. He noticed that the vast majority of police work was reactive. He asked: “Could we design a system that encouraged people to not commit crime in the first place?” Indeed, their strategic intent was a clever play on words: “Take No Prisoners.”

Their approach was to try to catch youth doing the right things and give them a Positive Ticket. The ticket granted the recipient free entry to the movies or to a local youth center. They gave out an average of 40,000 tickets per year. That is three times the number of negative tickets over the same period. As it turns out, and unbeknownst to Clapham, that ratio (2.9 positive affects to 1 negative affect, to be precise) is called the Losada Line. It is the minimum ratio of positive to negatives that has to exist for a team to flourish. On higher-performing teams (and marriages for that matter) the ratio jumps to 5:1. But does it hold true in policing?

According to Clapham, youth recidivism was reduced from 60% to 8%. Overall crime was reduced by 40%. Youth crime was cut in half. And it cost one-tenth of the traditional judicial system.

If it worked there, why not try it here?

Parents and teachers know it’s better for behaviour and relationships to catch children being good and reward them for it than to punish them for doing something bad.

The research show it works for preventing crime and if you follow the link above to the Havard Business Review you’ll find some tips for putting the principle into practice at work too.

Hat Tip: Barking Up The Wrong Tree


TAF best for Fonterra and suppliers

June 22, 2012

The biggest risk for Fonterra and its shareholders, who are also most of its suppliers, is redemption risk.

As the price rises that risk increases because the amount of money the company would have to pay to any farmers who want to redeem their shares increases.

Under the existing system, more suppliers might be tempted to sell when the share price is higher and go to other companies which don’t require suppliers to be shareholders.

Trading Among Farmers (TAF) would allow those farmers to sell shares into the pool and retain their voting rights.

Existing shareholders or anyone else can buy from the pool but those shares don’t carry voting rights.

This is best for the Fonterra and suppliers. The redemption risk would be gone and suppliers would still control the company.

Sir Dryden Spring who chaired the Dairy Board when Fonterra was formed supports TAF:

Sir Dryden, now retired from dairy farming and no longer a Fonterra shareholder, thinks farmers will face a bigger threat to their ownership and control if TAF does not go ahead.

“Fonterra was established with a flaw in its structure, and that was the fair value share, which under certain circumstances shareholders can require the company to redeem. Now that puts a huge strain on the company because effectively the share capital isn’t equity at all it’s effectively a contingent liability.”

Sir Dryden says that unless Fonterra can solve this redemption problem, and make its capital permanent, it will under invest in its core dairying activities which he says will lead to under performance and falling income.

That, he says, is a far bigger risk to farmer ownership and control than TAF.

Sir Dryden also says he thinks there will be sufficient safeguards in place under TAF to keep Fonterra in farmer ownership and control.

Fonterra is New Zealand’s only world-wide company.

It needs capital to continue growing and to keep its place in the world market. TAF enables more capital to come in without diluting supplier control.


June 22 in history

June 22, 2012

217 BC  Battle of Raphia: Ptolemy IV of Egypt defeated Antiochus III the Great of the Seleucid kingdom.

168 BC  Battle of Pydna: Romans under Lucius Aemilius Paullus defeated and captured Macedonian King Perseus, ending the Third Macedonian War.

1593 Battle of Sisak: Allied Christian troops defeated the Turks.

1633  The Holy Office in Rome forced Galileo Galilei to recant his view that the Sun, not the Earth, is the center of the Universe.

1680 Ebenezer Erskine, Scottish religious dissenter, was born  (d. 1754).

1713 Lord John Philip Sackville, English MP and cricketer, was born  (d. 1765).

1757 George Vancouver, British explorer, was born  (d. 1798).

1783  A poisonous cloud from Laki volcanic eruption in Iceland reached Le Havre in France .

1825  The British Parliament abolished feudalism and the seigneurial system in British North America.

1844  North American fraternity Delta Kappa Epsilon was founded at Yale University.

1845 Tom Dula, American folk character (Tom Dooley) was born (d. 1868).

1848  Beginning of the June Days Uprising in Paris.

1856  H. Rider Haggard, English author, was born  (d. 1925).

1887 Julian Huxley, British biologist, was born (d. 1975).

1893  The Royal Navy battleship HMS Camperdown accidentally rammed the British Mediterranean Fleet flagship HMS Victoria which sank taking 358 crew with her, including the fleet’s commander, Vice-Admiral Sir George Tryon.

1897  British colonial officers Rand and Ayerst were assassinated in Pune, Maharashtra, India by the Chapekar brothers and Ranade. They are considered the first martyrs to the cause of India’s freedom from Britain.

1898  Spanish-American War: United States Marines landed in Cuba.

1906 Anne Morrow Lindbergh, American author and pilot, was born  (d. 2001).

1906  The Flag of Sweden was adopted.

1907  The London Underground’s Charing Cross, Euston and Hampstead Railway opened.

1910  John Hunt, Leader of the 1953 British Expedition to Mount Everest, was born (d. 1998).

1911  George V and Mary of Teck were crowned King and Queen.

1918  The Hammond circus train wreck killed 86 and injured 127 near Hammond, Indiana.

1919  The Flag of the Faroe Islands was raised for the first time.

1922 Bill Blass, American fashion designer, was born (d. 2002).

1922  Herrin massacre: 19 strikebreakers and 2 union miners were killed in Herrin, Illinois.

1932 Prunella Scales, English actress, was born.

1936 Kris Kristofferson, American singer/songwriter and actor, was born.

1940 France was forced to sign the Second Compiègne armistice with Germany.

1941  Germany invaded the Soviet Union in Operation Barbarossa. Russian The 22 June song is devoted to this day.

1941  The June Uprising in Lithuania began.

1941  Various Communist and Socialist French Resistance movements merged to one group.

1942  Erwin Rommel was promoted to Field Marshal after the capture of Tobruk.

1944 Peter Asher, British singer, guitarist and producer (Peter & Gordon), was born.

1944  Opening day of the Soviet Union’s Operation Bagration against Army Group Centre.

1949 Meryl Streep, American actress. was born.

1953 – Cyndi Lauper, American singer, was born.

1954  Pauline Parker, 16, and her best friend Juliet Hulme, 15,  killed Pauline’s mother, Honora, in Victoria Park, Christchurch.

Parker-Hulme murder in Christchurch

1957 Garry Gary Beers, Australian bassist from group INXS, was born.

1957  The Soviet Union launched an R-12 missile for the first time (in Kapustin Yar).

1962  An Air France Boeing 707 jet crashed in bad weather in Guadeloupe, West Indies killing 113.

1964 Dan Brown, American author, was born.

1969  The Cuyahoga River caught fire, which triggered a crack-down on pollution in the river.

1976  The Canadian House of Commons abolished capital punishment.

1978 Charon, a satellite of the dwarf planet Pluto, was discovered.

1984 Virgin Atlantic Airways launched with its first flight from London Heathrow Airport.

2003  The largest hailstone ever recorded fell in Aurora, Nebraska

2009 June 22, 2009 Washington Metro train collision: Two Metro trains collided  in Washington, D.C., killing 9 and injuring over 80.

2009 – Eastman Kodak Company announced that it would discontinue sales of the Kodachrome Color Film, concluding its 74-year run as a photography icon.

Sourced from NZ History Online & Wikipedia


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