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  interbiznet Bugler

August 2, 2011

In The News

ISI Translation Services has expanded its office space by 40 percent and its staff by 30 percent – as it continues its robust growth and in preparation for increased need for language services due to regulatory reform in both healthcare and financial services.

The Washington Metropolitan Area Corporate Counsel Association (WMACCA), the largest regional bar association for in-house counsel, announced the finalists for its 2011 Corporate Counsel Awards. The awards honor the work of the region's leading in-house practitioners over the past year in the following categories -- Outstanding Chief Legal Officer, Outstanding In-House Counsel, Outstanding Law Department, and Community Service. WMACCA will announce the winners during its 7th Annual Corporate Counsel Awards Reception at The Ritz-Carlton Tysons Corner in McLean, Va. on September 22, 2011.

Convergys Corporation, a global leader in relationship management, announced its financial results for the second quarter of 2011. Second Quarter Summary:
- Revenue of $552 million, up 4 percent compared with prior year;
- EBITDA of $72 million, up 8 percent compared with prior year adjusted EBITDA;
- GAAP diluted EPS from continuing operations of $0.26;
- Free cash flow of $48 million;
- $320 million Cellular Partnerships sale agreement; estimated net $265 million after tax cash proceeds, approximate $170 million impact on net income in third quarter;
- Repurchased 1.5 million shares at average price of $13.14 per share;
- Raising revenue and earnings expectations for the full year.

Report States

The Dice Report

Even if "The Social Network" didn't win the Oscar for Best Picture, its glimpse inside the early days of Facebook added another heavy coat of gloss to the legend of life at a startup. A stack of billions, waterfalls of booze, epic squabbles - that's Hollywood's formula to attract startup talent. (read more)

UpComing Event

New Leadership Training Approach Links Key Leadership Behaviors to Business Success

Inaugural Abundance Leadership training program features Win Smith, President of Sugarbush Resort, and John Egan, Adventure Skier

The Abundance Leadership training program for top-level decision-makers uses breakthrough research that links specific leadership behaviors with improved business results. Drawing on the research and experiences of its program leaders, "Abundance Leadership" launches September 26-29 at Sugarbush Resort in Warren, Vermont.

Abundance leaders are supportive in surmounting obstacles, build commitment and enthusiasm company-wide, and see the possibilities in all situations. These characteristics have been found to significantly correlate with organizational "health" – a key factor in business success. Our survey tool evaluates participants on a range of characteristics, comparing their results to benchmark data collected from hundreds of top-level executives to identify their leadership strengths and weaknesses.

Abundance Leadership participants include CEOs, vice presidents and directors from public and private companies, nonprofit and governmental organizations across industries. Three sessions will be offered: September 26-29, 2011, January 30 – February 2, 2012, and April 2-5, 2012. This program is a partnership of Performance Training, Inc., and Organizational Design and Development Associates (ODDA).

For details, visit Abundance Leadership at http://www.ptionline.net/abundance/leadership.html. )

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