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      "author": "dhavalb",
      "permlink": "the-truth-of-value-as-the-result-of-efficient-markets",
      "title": "The truth of value as the result of efficient markets",
      "body": "<html>\n<p>\r</p>\n<p>The figure of the investor can be considered a source for the definition of true value only in relation to efficient markets. Probably even more than the word investor, the word market has multiple meanings outside the financial industry, including in the social sciences. This is also the case when it is used to refer to the financial industry as financial markets. Just as I did for investor and value, I propose not to use the word market as an analytic category but rather to analyze how the employees I observed used it in order to make sense of their professional practice. As I show, they used the word as part of the procedures of valuation and investment but also as a way to denote the financial industry at large. In both cases, the different problematizations of market efficiency in financial theory remained a fundamental reference.</p>\n<p>\r</p>\n<p>\r</p>\n<p>Financial markets are composed of investors who seek all available information about the assets they buy and sell in order to maximize their returns. Market prices are then considered the most adequate representation of assets’ value and serve as signals for other investors seeking to maximize returns, resulting in a socially optimal allocation of resources. This is a temporal relation. According to the theory, independent valuation is necessary to achieve market efficiency, but once the latter is attained, it renders the former superfluous, since prices already reflect all available information. Moreover, if markets are efficient, there must be at the same time investors who believe in the truth reflected by prices and use them as signals and investors who do not believe in this truth and therefore carry out valuations likely to incorporate new information in prices. The concept of market efficiency thus refers to a dynamic process where the ongoing search for information is followed by changes in prices that reflect it.\r</p>\n<p>\r</p>\n<p>In this understanding of what a <a href=\"https://thoughtleadershipzen.blogspot.com/\">thought leadership</a> market is, there are two important tensions that it is useful to review before seeing how employees mobilize financial theory. The first is the tension between fundamental and speculative values. In classical economics—for instance, in the work of Adam Smith—the idea of a true value reflected in free market prices is connected to the idea that competition reduces prices to the point where transactions ensure compensation only for the labor  involved in producing the objects of exchange. The ontological connection among value, labor, and price makes market prices politically indisputable. After World War II, neoliberal thinkers disconnected labor and value. For them, in free markets, prices are accurate and fair not because they have an ontological connection to labor but because they are the best representation of participants’ informed opinions in their quest to maximize utility. In financial theory, fundamental value is not defined in relation to labor; yet, its moral and political legitimacy refers to a substance that prices can represent if it is assessed properly. This substance can be represented only in market prices—and even then only if investors’ opinions treat correct information with the tools of financial theory. Prices may otherwise reflect speculative valuation. In everyday practice, these distinctions organize a constant uncertainty about whether prices reflect true or speculative value.\r</p>\n<p>\r</p>\n<p>The second tension concerns relative value, which in financial theory is defined through a combination of the liberal and neoliberal imaginaries about markets referred to above with the development of probabilities in the nineteenth century. With stock prices considered to reflect the true value of companies, stock exchanges came to be considered of as representative of the whole economy, and stock indexes became proxies of stock exchanges. Prices and indexes were deemed to move according to natural laws that can be represented by probabilities, thus defining the market as a social institution that works according to natural laws, which thereby impose a discipline beyond human control. As I show here, indexes play a fundamental role in valuation and investment today. The tension between these two ways of defining a market present in relative valuation is very important in everyday practice. For employees, the word market can refer to the group of investors that is more or less identified with the financial industry, to the laws of probability that are supposedly observable in price and index movements, or to a combination of both.\r</p>\n<p>\r</p>\n<p>The concept of efficient market formalized in financial theory has different meanings. They imply different authorities and legitimacies for fundamental, relative, and speculative valuations, which, as we have seen, are interdependent. And in everyday practice, these meanings are combined with the way in which employees understand themselves as enacting the figure of the investor and the financial industry as being the place where market efficiency is realized. As with the concepts of investor and value, using the concept of market as an analytic category may render the analysis all the more confusing in that the people I observed use the word market in different ways.\r</p>\n<p>\r</p>\n<p>But there is a broader problem with using a concept of market as an analytic category through which to study the financial industry. Using a concept of market that is close to that of neoclassical economics to describe the financial industry risks erasing this multiplicity of meanings and legitimizing the way this industry is presented in financial theory and financial regulation. Callon’s study of the performativity of economics has influenced many analyses of the use of financial theories in practice. Yet, Callon considers that the performativity of markets that function “correctly” implies that “politics” occurs “outside of markets.” As several authors have highlighted, this runs the risk of “rationali[zing] the reliance on orthodox conceptions of the economy.” It eschews the point that market itself is a concept long conceived within theories in political philosophy. And, more fundamentally, it obviates the analytical proposition that performance, as an act of shaping, must be considered part of the power relations that contribute to producing and designating social relations and identities as economic or as markets.\r</p>\n<p>\r</p>\n<p>Fourcade has shown how, in economic sociology, the definitions of market vary according to the definitions of social relations proposed in different sociological theories. Following Zelizer, we can say that when social scientists use the concept of market as an analytic category, they need to determine moral and political boundaries between what is a market and what is not. This is also the case for the analytic status given to the concept of price that the concept of market is related to. As Guyer has shown in her studies of western Africa, prices may result from various social relations that imply moral, religious, and political imaginaries. Negotiation to obtain a monetary gain with a higher or lower price may be a marginal part of the transaction. In the financial industry, the operations of buying and selling, in spite of the misleading simplicity of the words buy and sell, are actually just moments in a broader set of relations whereby the value that prices are supposed to reflect is defined and money is distributed in a way that creates social hierarchies. Focusing on actions of purchase and sale as the main activities of the financial industry foregrounds the problematizations of market close to neoclassical economics and erases the bureaucratic processes whereby social hierarchies are defined and legitimized with the political imaginaries that connect different notions of investor, market efficiency, and value.\r</p>\n<p>\r</p>\n<p>The approach I propose here is concerned with the distributive effects of the financial industry. Just as with the concepts of investor and value, it is therefore important to analyze how the concept of market, with its multiple definitions, is used in this distributive process. Mennicken and Miller consider the concept of “market” to be an “abstract” space established by financial methods. They highlight how people who use these methods consider they must act like abstractly defined investors in abstractly defined financial markets. At the same time, it is important to see how, in everyday practice, employees used the word “market” with different, albeit related, meanings. For the employees I observed, these meanings reflected the way in which employees understood their role in enacting the figure of the investor. They considered the financial industry as the site of market efficiency because all the participants transacting in it were enacting this figure. They used the word “market” to refer to the concrete social spaces and interactions occurring within the financial industry in a way that is much more labile than the definitions formalized in financial theory but that still refers to the authority of market efficiency and the truth represented in prices. And they also used the word to designate the whole world, defined as an “investment universe” and considered an efficient market, i.e. a place where the inequalities to which the financial industry contributes would be socially just.</p>\n</html>",
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      "parent_permlink": "sports",
      "author": "dhavalb",
      "permlink": "does-local-cricket-need-star-quality-of-overseas-players",
      "title": "Does local cricket need Star quality of overseas players?",
      "body": "In part one of our investigation into club [cricket](https://iplnewslatest.blogspot.com/p/cricket.html) last month we looked at playing numbers, formats, facilities, volunteers and cost. We considered the dilemma of overseas pros and homegrown players moving clubs for a few quid.\n\n![Does local cricket need Star quality of overseas players..JPG](https://cdn.steemitimages.com/DQmVB3GHPGx453h9nVZL99v9CC45ZCbvVqs9E6XRDWceurC/Does%20local%20cricket%20need%20Star%20quality%20of%20overseas%20players..JPG)\n\n# Solid investment, or a waste?\nNothing is more likely to get a side’s goat when they rock up to play rivals who have invested in an overseas player with fi rst-class or fi rst-grade experience, and the destiny of the match seems to rest entirely on whether they can get him out.\n\nBut if you are lucky enough to be a club with a good overseas player, the benefi ts are obvious. An almost guaranteed source of runs and wickets – even if he bowls fairly fi lthy seamers or offi es and would never be thrown the ball back home – perhaps a Level 3 coach, and a great tutor to inspire the developing players. And many clubs – especially in the north and Scotland – would argue that inspirational overseas pros have been part of league cricket since the days of Learie Constantine. It is rarely as simple as it was back then. At the time of writing there are no fewer than eight different designations of what constitutes an overseas player in England and Wales. A whole agency industry exists around it.\n\nAlarms bells rang for many clubs when Sawbridgeworth CC in Hertfordshire were slapped with a £14,403 tax bill following an investigation by HM Revenue & Customs in 2013. The majority of the money was unpaid tax on pay for bar staff and tax on accommodation expenses for overseas players. Clubs who are Community [Amateur Sports](https://iplnewslatest.blogspot.com/) Clubs are exempt from paying corporation tax on profi ts below £30,000. Sawbridgeworth survived as a club, but they have since suffered two successive relegations in the Herts League and narrowly avoided a third in 2019. The ECB say that, in 2018, 850 clubs registered overseas players who had to enter the country that year expressly to play cricket. That fi gure is said to have gone down in 2019, as tightened visa criteria issued by the Home Offi ce either prevented clubs from bringing players in, or deterred them from thinking about it. “I’m sure clubs are more cautious about getting overseas players now, because ultimately the chairman will be landed with a £20,000 fi ne if there are irregularities – and he or she would be personally liable,” says Simon Prodger, managing director of the National Cricket Conference, who helped present the ECB case to the Home Offi ce.\n\n“That has to be partly because we have a government trying to reduce the incentive for people to come over and earn. None of this has really been down to the ECB. I think the ECB have been vigorously defending the position of cricket.” For clubs wishing to bring in a fi rst-class cricketer as their overseas player, there seems now only one categorically safe route – the Tier 5 Player/Coach visa. It is the only type of overseas engagement allowing a professional cricketer to both play and coach at the club for money and undertake “supplementary employment”.\n\nIn September 2016, the ECB were advised that players on the Standard Visitor Visa, Non-Visa National or the Tier 5 Youth Mobility Scheme who did not hold a UK, EU or EEA passport could play only as an amateur – that is to say “a person who engages in a sport or creative activity solely for personal enjoyment and who is not seeking to derive a living from the activity”. The complication being that those who have been on a ‘player pathway’ in their home country – representing their state, province or territory at under-17 level or higher, paid or unpaid – were deemed to be pros. This landed Frinton-on-Sea in hot water in 2017. The case of Blake Reed, a 22-year-old Australian who had played six times for Western Australia Under-19s in 2013, turned into a cause célèbre as friction erupted between the club and Two Counties League over his registration under the Tier 5 Youth Mobility Scheme. After the case, the ECB met with the Home Offi ce and a compromise was reached: those on Tier 5 YMS have to serve a cooling-off period of four years after being on the pathway before being considered an amateur again. It may have persuaded some clubs to move away from second-tier Australians or Kiwis, and towards Pakistan, Sri Lanka, Bangladesh or South Africa, who might be cheaper but have fi rst-class experience.\n\nAn equally safe route is those players – often Australian, Kiwi or South African – with British or EU passports. An ancestry visa allowed Tom Plant, a former South Australia batsman, to help Ealing, one of the biggest clubs in the country, win the Middlesex League.\n\nIn 2017 Mitch O’Connor, a 33-year-old Australian with a Swedish passport playing for the Sweden national team, was being fl own in from Stockholm on weekends to play for New Farnley in the Bradford League. But the rules don’t always tally between county and club cricket – where leagues may have stringent rules which clubs have to satisfy. The North Staffs & South Cheshire League became embroiled in a legal dispute with Burslem in 2018 over the eligibility of Jim Allenby, eventually settled out of court before the parties locked horns at Cambridge Crown Court.\n\nAllenby, Perth-born but a UK passport holder, played for Glamorgan and Somerset as a homegrown player, and was qualifi ed for England. Yet the NSSCL ruled that Allenby should have been registered as an overseas player in their league, as he had not spent the requisite 210 days in the UK in a year. Burslem were docked 71 points – everything they banked in the matches he played – and relegated. This was because he had played in the same team as the club’s permitted registered overseas player. In theory, the guidelines mean any British citizen born outside of the UK who spends the winter months out of the country, for work or recreational purposes, could be forced to register as an overseas player.\n\nIt could well be that the overseas debate clouds the real issue, which is homegrown players moving around the club scene for a few quid. Such players are never marked on a team card, but virtually every clubbie in the land will know of a player constantly on the move, perhaps playing Minor Counties cricket, and good enough to demand payment – whether offi cial or unoffi cial. It seems a consequence of the increasingly competitive environment encouraged by Premier Leagues and promotion/relegation. It is a subject more whispered about than addressed openly, since clubs do not want to be labelled as the type who shell out money to remain competitive. When clubs announce signings as if they were a professional football club unveiling a transfer, it rather gives the game away, though. Other teams use it as a motivational factor when coming up such clubs.\n\nNick Gandon, chairman of Hoddesdon Town and a founder of Chance to Shine, is among those who believes the market entering club cricket does little more than harm: “We need to discourage recreational clubs from mimicking football’s brown-envelope culture. Paying hasbeens and wannabes to play recreational cricket is absurd and an abject waste of hard-earned cash. It destabilises clubs, undermines loyalty and is unsustainable.” John Evans, chairman of West of England Premier League club Frocester, is one of several offi cials who feels rivals are dragging their best players away: “More players are being paid to play, and young players we develop are being enticed by clubs who can pay them.” My own childhood club, Bedford Town, folded in 2006 because the outlay on paying players in the 1st XI, some who travelled from quite far afi eld and had no prior connection with the club, was crippling the club’s fi nances. Senior fi gures felt it was necessary in order to ensure staying in the Northamptonshire Premier League. The club reformed through its thriving junior section, is now back on its feet and competing in its old leagues, though not at the high level it once did.\n\nUltimately, if a club provides a friendly but competitive atmosphere, it should guard against the temptation of moving for money – in most circumstances. “There’s lots of competition locally,” says Ian Brown, captain of Houghton Main, who play in the second tier in South Yorkshire and reached the National Village Cup fi nal this year. Two of their players, Biswick Kapala and Imran Khan, came to the country as refugees. “One of the things is that clubs steal from other clubs. You’ve got to look after your players when you’ve got your captain’s hat on. You have to treat them right and be ambitious as a club. We’ve got some good cricket brains and a lot of young players in their early twenties with lots of potential in front of them. “There will be a lot of clubs in the division above who are in our players’ ears saying ‘why don’t you test yourself in the ECB Premier League?’” Ultimately, there may not be a practical or legal way of monitoring how and if cricket clubs pay their players. As Prodger says: “I don’t think there’s a satisfactory way to police what clubs pay their players, and I think the ECB may well share that view.”",
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      "body": "<html>\n<p><img src=\"http://cdn.streamlinetechnologies.com/etsubucs/54EEB624-69A4-4262-941D-6C49E4D90BB0/10027L.jpg\"/></p>\n<p>As per <a href=\"https://iplnewslatest.blogspot.com/\">isl latest news</a>, they had absolutely no cause for pause to measure the emotional temperature or even catch their breath within the rarefied atmosphere of the planets biggest club game. Everything had been computed in Kiev. Hence it was straight down in order to business: into attack, in to the penalty box and in to the lead - courtesy of Sadio Mane’s chip, Mousa Sissoko’s handball, referee Damir Skomina’s instant certitude and Mohamed Salah’s penalty. The first Egypt to score in a Final additionally claimed its second-fastest objective, after Paolo Maldini’s hit against Liverpool for Miami in 2005. Tottenham required a full hour to recover their own composure, put their destroyed game back together.</p>\n<p>Klopp the actual perfectionist, looking back in the video, may reflect which his team should have pressed on and extended their business lead when the opportunity beckoned. Rather, they swapped gegenpressing for any containment game which nearly did the job. Yet their own path to a sixth achievement - only Real Madrid (13) and Milan (seven) happen to be champions more often - counted on keeper Alisson. His good saves in the closing phases illustrated another quality that Liverpool lacked when luckless Loris Karius was in objective, disastrously, against Real This town.</p>\n<p>This was the first time in which the <a href=\"https://www.indiansuperleague.com/\">Leading League</a> had provided all finalists in UEFA’s 2 competitions. More’s the shame that this one was because unsatisfying a football encounter as Chelsea’s Europa Group dismissal of Arsenal within Baku three days previously. In ending Klopp’s jinxed run of six beats in Finals, Liverpool additionally managed victory in only the 2nd all-English Final, after Stansted United’s shoot-out victory more than Chelsea in 2008.</p>\n<p>Mauricio Pochettino, manager of Final debutants Tottenham, had answered probably the most burning of selection queries by including top termes conseillés Harry Kane in his beginning line-up even though the England chief had not played for several weeks after injuring a ankle in the quarter-final operator against Manchester City. Your decision was a gamble. Kane survived the 90 minutes however, not quite at 100 %. As the first half stuttered back into life so Sissoko thrashed an optimistic effort higher over Alisson’s bar as well as Liverpool responded with a lower drive from Trent Alexander-Arnold which skimmed wide associated with Hugo Lloris’ right-hand article. Liverpool came closest to an additional goal when Spurs supported off the advancing Andy Robertson and allowed him in order to arrow a shot goalwards. Lloris tipped the ball on the bar for one of Liverpool’s six first-half corners -- which said more about the total amount of first-half power compared to statistics which recorded Spurs as having managed sixty one per cent of possession. But you may be wondering what matters is how a group capitalises on the possession this enjoys.</p>\n<p>Spurs offered much more intent early in the 2nd half, which prompted Klopp to make his first replacement by calling up Divock Origi in place of Roberto Firmino, who had his own injury problems. Spurs had no choice but to throw caution towards the wind. Too late did installed Alisson to work with two quick-fire saves from Son Heung-min and Lucas Moura along with a defiant dive to deflect Christian Eriksen’s free-kick. Origi duly snatched a belated second goal after Spurs failed to clear a corner.</p>\n<p>Liverpool’s all-round workmanship had gained them a right to celebrate. Tottenham did not disgrace themselves. But in years to come and move funds restricted by arena costs, they may bitterly repent having allowed this least common of opportunities to pass them by.</p>\n</html>",
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      "author": "dhavalb",
      "permlink": "what-does-the-social-media-world-have-that-is-new",
      "title": "What Does the Social Media World Have That Is New?",
      "body": "![What Does the Social Media World Have That Is New.jpg](https://cdn.steemitimages.com/DQmcrXjg3aL2pt8yU6pzDhrNJ4j5L6vgsKi1KLCJxhX4L5k/What%20Does%20the%20Social%20Media%20World%20Have%20That%20Is%20New.jpg)\n\nInteraction! This means you can take the social websites world by storm along with list yourself as an pro or even guru in the discipline.\n\nNot quite. In fact , there are zero experts.\n\nIt is important to note that although professionals deem themselves gurus or specialists in the [social media marketing strategy template](https://social-media-strategy-template.blogspot.com/2012/12/social-media-strategy-template-for-your.html) discipline, they may be experts only with the particular moment in which Facebook’s algorithm is structured in the certain way. Do we get influence over what Draw Zuckerberg decides to do up coming with the platform? No . Can we have the opportunity to tell Jack Dorsey of Twitter how to make confident false news or data doesn’t filter out into every guests timelines? Wait a second-let me call him upwards or send him a principal message. Can we tell Instagram we want everything to be in chronological order and not be filled with promoted ads along with posts all the time? We will ought to wait and see what happens. Not like many other channels of interaction, social media professionals are at typically the mercy of what all these platforms decided to do (or not do) for their people, which includes both organizations along with brands. This is the nature involving social media as we are with rented space. Rules, forms, expectations, and features can constantly change. We have to always be agile, adaptive, and willing to find out on the go when it comes to social media.\n\nWhilst you now have a strong foundation so it it takes to apply and assimilate strategy into the mix intended for social media purposes, learning haven't stopped. In the social media discipline, platforms, algorithms, case reports, and approaches always transform. Sometimes this takes a several months, but others can change at the moment’s notice.\n\n**Current (So Far) State of Social websites**\nSocial media will continue to be a field that has technology, communities, and individuals interact with each other in ways based upon knowledge sharing, relationship operations, and engaging in networks in certain communities and characteristics. Most of the time, people assume typically the most popular and current channels getting used are social media, but that's not necessarily the case. We can often make assumptions about exactly where people will go next, in order to make official choice on this, we have to look at the files and determine where just people are. The same goes for when should you post on each designated software as well. Best post moment recommendations may be appropriate sometimes, but not always. Understanding what performs for a brand and its chosen community on social media should be approached on a case-by-case base.\n\nFor example , messaging (e. grams., SMS and private messages by using mobile apps) is leading, followed by social media, email, online video chat, and face-to-face (Cohen, 2017). These messaging programs and apps (e. grams., WeChat, WhatsApp, Messenger, along with QQ) are often referred to as dim social, because these types of growing media are private and unmonitored or hard to track by simply social media professionals and models (Hong, 2017). This elevates another issue and difficult task for users when models discover how to automate conversations along with program interactions with their people using chat bots. Speak bots are programs created to simulate human conversation using certain actions, and are regularly employed to handle customer service inquiries along with questions. This, of course , may well impact the trustworthiness along with authenticity needed to build social websites relationships. These programs can be helpful in certain situations, but is not others. While the temptation involving using a tool for the sake of making use of the tool is great, understanding the situation and being empathic about precisely how others perceive it is more critical. Authenticity matters almost all, especially to millennials, in relation to social content according to some sort of survey conducted by Stackla (Cassidy, 2017).\n\nSocial media pros today are actively modifying the field as we speak, and we should be fluid and understand this could be the way things operate with this field. The first five chapters (from the introduction to honourable and legal foundations, personalized and professional branding, sector qualifications, and research) presented a solid foundation for the regular skills and concepts had to go into strategic communications plus the field of social media. The subsequent set of chapters (covering tactical planning, strategic writing, market segmentation, creating and curating content, and measurement along with evaluation) provided a bit more field of expertise within the systematic planning along with creative execution protocols had to build on the foundations fixed for the field. The remaining chapters (exploring the application of social media) showed the different areas of field of expertise you can go into from a precise role to a particular sector. The opportunities are unlimited in social media. This is where much of the momentum is moving. It's not a question of whether or not to consentrate digital first. We must take hold of and always think digital will be for what we do in tactical communications.\n\nWhile the opportunities develop social media, the future allows us to expertise our own challenges. With programs such as Facebook, Twitter, Snapchat, and others allowing access to their very own application programming interfaces along with metrics, this raises troubles not just about whether this is the “pay to play” condition, but more about to what magnitude. Essentially, social media professionals ought to recognize that they still want strong content, but it should be amplified strategically with a paid out media strategy in place (Richard, 2017). The social media programs that dominate the space can continue to make people and models invest in targeting their written content and making sure it grows to the right people. The days involving achieving organic reach are generally coming to an end (Fontein, 2017).\n\nOther technology- and societal media-related trends emerging to get social media professionals range from essential content suggestions (e. r., social video) to tough one tools that encompass the actual digital sphere in contemporary society (e. g., voice as well as automated intelligence, or AI). Talkwalker (Richard, 2017) discovered some of these tools in detail:\n\nTone of voice search (Amazon’s Alexa, Apple’s Siri, Google, and even Microsoft’s Cortana). Our devices tend to be interconnected not just with our programs, but with every facet of our live. We can access information instantly through these devices just by applying our voice. Artificial intellect can be both proactive along with reactive in nature, all of us have to think about how this may impact and work in your daily lives. We are experiencing more integration of words in our daily lives, possibly on social media platforms. We will need to be able to integrate mobile, public, and voice together in the seamless and relevant method for our own purposes, the actual for our audiences.\n\nAdvocacy promoting. Influencer marketing is one item of the puzzle for social websites. Advocates are audience associates who are not only part of the group for a brand on social websites, but willing to put forth their very own name and reputation for you to endorse brands without the economical compensation an influencer might require. In addition , these audiences gravitate toward sharing more user-contribution content on social media, which often actually is the type of content almost all audiences crave (Cassidy, 2017).\n\nEphemeral content. While public video is becoming more and more rampant, the content is short lived, cellular first, and only accessible all day and night. This content drives high wedding and audiences to appropriate platforms (Hutchinson, 2017). In case audiences know a video is just available on Snapchat, Instagram, or even other similar apps for any certain amount of time, they will arrive. However , the content and encounter still need to create a correct comprehensive experience for the viewers.\n\nSocial media brand protection. It is very important have an offensive strategy with regards to social media, but we should additionally build up protocols to protect the actual reputation and community for any brand on social media. The actual rise of rumors, fake information, and negative activities taken by threatening events all have to be acknowledged as well as planned for in a social networking strategy. The threats as well as risks associated with these activities can directly impact behaviour, behaviors, and communities on the internet. No brand or system is invincible. Look at exactly what Snapchat has experienced within 2018 with changes in consumer numbers, or even the outcry from the #DeleteFacebook movement after the Fb and Cambridge Analytica anxiety.\n\nSocial media as we see it right now is constantly changing, and no an example may be an expert. Everyone is operating using best guesses on tendencies and what will be relevant up coming, and these are just “guidelines, ” to quote Pirates on the Caribbean. The roles, expense, and responsibilities will soon transform and of course blur together. The position postings shared for models, agencies, and organizations are generally framed much differently in comparison with others posted earlier from the same year.\n\nWith annually that passes, more “influencers” and “keynote speakers” arise to showcase their models and what they can do individuals. Everyone is a media firm with a large microphone. Nonetheless while social media has been around at this point for some time, it’s not necessarily within the infant stage. It is far more along the lines of the teenager level. Social media professionals are still seeking to advocate (and sometimes shout) their relevancy to the entire world with each of their platforms-trying to one-up each other using how many conferences, clients, along with speaking engagements they can handle. This is all fine along with good, but those who are seeking to make a difference and have new experience and ideas may be still left in the dust. Thus, young pros not only have to be part of this kind of community, but must take forth a game plan with their microphone. This field remains to be in the Wild West, exactly where everyone wants a piece of the quiche or gold mine out there using relationships, influence, and group. The risks associated with misunderstanding people and what they are looking for might be detrimental for a brand, along with cause additional challenges later on.\n\nYet, not all is missing. With each year that goes, the social media space gets to be more civilized and set up to the profession’s needs. We live seeing a growing need for typically the congregation of all like heads related to the science and art work of social media strategy. Typically the social media industry needs anyone to come together to discuss, think about, and collaborate to make sure every one of the research questions, challenges, along with opportunities are addressed with each other in a comprehensive and comprehensive manner.",
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      "body": "Congratulations @dhavalb! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@dhavalb/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@dhavalb) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=dhavalb)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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      "parent_permlink": "sports",
      "author": "dhavalb",
      "permlink": "surrey-s-squad-strength-key-to-title-defence",
      "title": "Surrey’s squad strength key to title defence",
      "body": "The only way last season could have been better for the champions Surrey would have been if they had made more of an impact in the white-ball formats. Appropriately, their pre-season has been a case of them looking to retain what worked so well for them last year, while also bringing in talent which might provide them with something they were missing elsewhere. Pretty simple really.\n\n![](https://cdn.steemitimages.com/DQmNiPA5Fa5KPWa4FJD6H9LgEp9v5TX1A5q3ch2h92ifL5Z/image.png)\n\nThere has been only one change in the coaching department, despite rumours that Alec Stewart was in line to replace Andrew Strauss as managing director of England cricket, with Richard Johnson joining from Middlesex as bowling coach. They have also given new contracts to 14 of their squad ahead of the new season. The aim of this, in Stewart’s words, is “to enable us to build on last year’s Championship success”. Retaining the Championship is the obvious goal, and signing the Curran brothers to new contracts, along with captain Rory Burns, Ben Foakes and Ollie Pope among others will have done their chances no harm. Nor will re-signing the dogmatic South Africa Dean Elgar as an overseas player. What might harm their chances however, is the likely absence of a number of their players through international selection.\n\nWith great success comes recognition and it looks likely that Burns, Sam Curran and possibly Foakes will all be absent for at least some of the season due to either Test commitments or an IPL contract in the case of Curran. Tom Curran, Jason Roy and new signing Liam Plunkett are also likely to be part of the England squad for the World Cup during late May and July. Arun Harinath was one of the 14 players who extended their stay at the club, despite his lack of games in 2018, probably with an eye to providing cover for Burns.\n\nPlunkett is not the only new face who has joined Surrey. Former Lancashire allrounder Jordan Clark, who scored his one and only first-class century against Surrey at The Oval in 2017, has also joined their ranks.\n\nHe will be a big player in the limited-overs game. Surrey failed to make the knockout stage of the Royal London One-Day Cup, having made the final in the previous three seasons, and also failed to get out of the group in the Blast, despite the brilliance of Aaron Finch, who returns this year. Should he remain injury free, Plunkett will be available for the majority of both of these tournaments which should make them a more dangerous prospect.\n\nSurrey’s bowling was utterly relentless last season. Their attack of Morne Morkel, Sam Curran, Amar Virdi, Jade Dernbach and the indominable Rikki Clarke kept Surrey in almost every game they played. However, they also showed the great depth they could call upon throughout. Tom Curran made a fantastic contribution late in the season replacing his younger brother who was away on England duty, while Conor McKerr looks an exciting prospect. Morkel has extended his contract to 2020 a huge boost.\n\nSuch were the performances of Burns and Ollie Pope last season, it’s easy to forget that Surrey’s batting line-up also includes other talented batsmen like Mark Stoneman and Scott Borthwick. Stoneman showed glimmers of the form that got him into the England set-up towards the end of last year while Borthwick’s five half-centuries in 12 innings show a player who threatened to have a strong year. If they can perform to their capabilities in 2019, then Surrey may not miss captain fantastic Burns too much while he is away with England.\n\n[icc world cup 2019 full schedule](https://iplnewslatest.blogspot.com/2019/03/icc-cricket-world-cup-2019-Schedule.html)",
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      "memo": "Dear @dhavalb. Our common friend @emiliocabrera just published his new post about alliance with 2 other communities. Please visit this link and share your thought and support SteemChurch by voting in the contest (20k delegation). Link: https://steemit.com/venezuela/@emiliocabrera/alliance-with-purpose-steemchurch-and-help-venezuela-joined-by-the-20k Many Venezuelans who need support will be benefited."
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      "memo": "Dear @dhavalb, My name is Piotr and I'm a good friend of @emiliocabrera and @SteemChurch community. Please allow me to introduce you to great publication by @lanzjoseg about alliance, which we're trying to build between our communities. Yours, Piotr // LINK: https://steemit.com/steemchurch/@lanzjoseg/the-strength-is-in-the-joining"
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      "memo": "Dear @dhavalb, We don't know each other, yet. Together with @SteemChurch (represented by @SirKnight and @emiliocabrera) I've forget new POWERFUL ALLIANCE and I'm helping SteemChurch to win 20k delegation. I figured that it may interest you, as it seem that you're part of this community. Check out link about our alliance: https://steemit.com/steem/@crypto.piotr/building-an-alliance-ambitious-goal-helping-venezuelian-community-win-20k-delegation"
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      "memo": "Dear @dhavalb, Hope you don't mind my little memo. If you do then please let me know and I will not bother you again. I'm helping my friend @juanmolina to build his presence on Steemit and I only wanted to share with you link his his new publication in which we're discussing POTENTIAL THREAT OF STEEM BEING WORTH 4$ for future of Steemit platform and I would love to know your feedback. Yours, Piotr. LINK: // https://steemit.com/steem/@juanmolina/steem-s-value-vs-newbies-s-resources-credits-rc"
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      "parent_permlink": "strategy",
      "author": "dhavalb",
      "permlink": "the-evolution-of-business-strategy",
      "title": "The Evolution of Business Strategy",
      "body": "Historically there has been a strong similarity between how corporate people discussed strategy and how it is likened to the discourse on warfare strategy. Business strategy can be said to have emerged from the most general view of strategy. It is not clear when it was acknowledged as a subject in its own right, but some argue it was born in the 1960s.\n\n![](https://cdn.steemitimages.com/DQmcyRR8k3iLBkPEm6Ghtso9Ab4XsgaZdabrGfoWu32yoKH/image.png)\n\nInitially, corporate strategic planning corporates aimed at creating a “master plan” that was developed and then simply executed. These ideas worked on the assumption that the business environment was stable and long-term plans could be easily implemented. Consultants were heavily involved in guiding the strategic planning of companies by applying checklists. In short, the process consisted of the following steps:\n\n1. Strategy Formulation – setting the objectives of the organization (preferably numerical ones).\n2. Evaluation – assessing the internal and external conditions of the organization. It should be noted that this step was conducted in a very procedural manner by following pre-defined steps.\n3. Selection – comparing the different strategies by using different metrics for measuring returns and risk.\n4. Implementation – translating to the operational level by decomposing the strategy into actionable activities for short, medium and long term.\n\nAt the end of the strategy formulation process, a “master plan” had been created that had to be executed. This process was used extensively but was problematic. Firstly, these strategic planning processes were predominantly conducted by elite groups in organizations and as such, few outside of these groups were aware of the objectives or were even invited to share their perspectives. Furthermore, the process became more important than the content as they rigidly followed the “process”. The strategic planning was conducted at the higher levels of management, which created a dissonance with the operational management who in the end were supposed to implement these plans. This approach failed to consider the culture of the organization or allow for any flexibility. Companies started abandoning such approaches to strategic planning at the beginning of the 1980s. Gradually strategic planning started to focus more on the external environment such as market structures. History has taught us that strategies and approaches to strategic planning that focus too much on pre-planning based on assumptions of markets being certain and constant, are problematic. Rather adopting a dynamic process where we learn and make adjustments as we progress, is more effective. \n\nAnother lesson is that strategic planning does not only concern top management or an elite group of planners but rather all levels of the organization. Although the main approach of strategic planning has changed, some of the models developed in the past 50 years are still used today. They do have merit when used as complementary methods but not when they become the only method. For a digital business analyst, it is vital to adapt such methods to the digital context. By knowing about such methods, the digital analyst can use them, in adapted and often reduced forms, to serve his or her purposes. In the following posts, we will introduce some of the most common and well-known models used to analyze the external and internal environment and the business strategy of an organization.\n\n# Business Context\nThe problem/need/opportunity that the analyst is analyzing exists within an immediate context. At this level, there are technologies/information systems, business processes, data, and resources that are used in the current state. It is within this immediate context that the problems occur. However, these aspects exist within another context, that of the organization. The organization will have certain organizational strategies, business model, stakeholders, internal policies, and organizational structures and culture that in various degrees influence the immediate context of the issue being investigated. The organization itself exists within the context of its competitors and trends in their industry. Likewise, the competitors all operate within the context of their environment influenced by political, economic, social, technological influences and changes. Therefore, the external and the internal context, within which the problem or the needs exist, can have an influence on which alternative is the “best” or the “right” solution. As such, it is important to know the context within which a problem is to be solved. If an analyst is an employee of the company, they are probably aware of the business context. If that is not the case, it is helpful to understand the context by analyzing the business model of the company and the strategy they employ to gain or maintain their competitive advantage.\n\nThe business context can be analyzed by beginning with the environment and gradually working towards the core (the change initiative). A way to start would be to get better acquainted with the external context (existing outside the boundaries of the organization). Next is the competitive stage and industry trends, which concludes the external context analysis. The next layer is now within the organization but at a higher level. These factors may or may not be relevant to the issue at hand.\n\nOftentimes, some aspects are more relevant while others are insignificant. For instance, internal policies on how projects are set up and funded might be very relevant for larger projects. On the other hand, if the project concerns developing a mobile app as a portal for an existing service, it is less relevant. The influence is general and acts as guiding principles. At the core of the issue, it is no longer influences but actual aspects of the change initiative. Here, we leave context analysis and focus on the change initiative:\n1. The internal context analysis – context within the boundaries of the organization but outside of the scope of the issue – aims at getting a solid grasp of the following aspects:\n2. Analysis of the strategy the company has chosen to gain or maintain its competitive advantage in the marketplace.\n3. The business model the company has developed usually depicted as a model (canvas) that shows how they created and delivered value to their customers in a profitable way.\n4. Internal policies, guidelines, and templates put in place to increase efficiency by incorporating past experiences in their future work.\n\nThe context matters indirectly as it provides a framework for evaluating and determining the importance of different aspects of a problem and selecting solutions. Some companies have chosen a low-cost strategy to deliver products. For such companies, cost cutting and efficiency improving initiatives are the priority. All projects are influenced by this goal. This affects how a problem is analyzed (focusing on its costs over quality or variability) in terms of efficiency. Similarly, solutions that give the best efficiency gain, and cost the least are more attractive than others. Another example is internal policies. If the internal policy stipulates usage of specific methods for eliciting and managing requirements, the employees will know those methods better, documentation following these methods is better understood by others and there might even be templates, help guides and examples of how to use these methods. In such situations, the business analyst is more or less forced to apply such methods.\n\nMore at [thought leader blog](https://thoughtleadershipzen.blogspot.com/)",
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      "parent_permlink": "recipe",
      "author": "dhavalb",
      "permlink": "icelandic-coffee-wreath",
      "title": "ICELANDIC COFFEE WREATH",
      "body": "![Cinnamon-Wreath-Bread-170-1024x680.jpg](https://cdn.steemitimages.com/DQmaJPgYXf7F3qbdPpJP5y3tkvZNjfAbeqUC1qWJhn68qNU/Cinnamon-Wreath-Bread-170-1024x680.jpg)\n\nThe Icelandics have a practical and down-to-earth approach to all of their cooking and baking, but they are exceptionally skilled at making wonderful things to go with coffee! \n\n* Makes i coffee ring\n\n* 2 packages active dry yeast\n* 1 cup warm water, 105°F to 115°F\n* 1 egg\n* 1\\2 cup butter\n* 5 cup sugar\n* 5 teaspoon salt\n* 1 cup sour cream\n* 2 1\\2 to 3 cups unbleached all-purpose flour\n* 1 cup almond paste\n* 1 egg\n* 2 tablespoons sugar\n* 1 tablespoon cinnamon\n* 1 teaspoon vanilla\n* 1 cup raisins\n* 1 tablespoon grated orange peel\n\n## GLAZE\n* 1 slightly beaten egg\n* 2 tablespoons milk\n* pearl sugar or crushed sugar cubes\n\nIn a large bowl, dissolve the yeast in the water and let stand 5 minutes. Add the egg, butter, sugar, salt, and sour cream. Beat in 2 cups of the flour to make a stiff dough. Cover and let rise in a warm place until doubled, about i hour.\n\nTurn out onto lightly floured board and roll out to make a square about 20 to 24 inches across as illustrated. To make the filling, blend the almond paste, egg, sugar, cinnamon, and vanilla. Spread this mixture over the rolled-out dough to within i inch of the edge of the dough. Sprinkle with the raisins and orange peel. Roll dough up, jelly-roll fashion, enclosing the filling, Step i. Cover baking sheet or a 16-inch pizza pan with parchment paper or lightly grease it. Place roll on the pan in the shape of a wreath and seal ends together, Step 2. With a pair of scissors, clip the wreath and lift the cut dough back over the wreath decoratively, Step 3. Let rise i hour or until puffy. Preheat oven to 400°?. To make glaze, mix the beaten egg well with the 2 tablespoons milk. Brush wreath with the mixture and sprinkle with the pearl sugar. Bake for 20 to 30 minutes or until golden.\n\n[paleo chex mix](https://paleo-diet-menu.blogspot.com/2014/07/paleo-party-mix.html)",
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