Larry Ackerman, Founder of The Identity Circle Launches New Blog – Are You Ready to Break the Identity Code?
Posted: February 15, 2012 at 6:45 pm
Larry Ackerman, Author of “The Identity Code” has launched his new blog on personal and corporate identity – offers new resources on identity, brand, and purpose
New York, NY (PRWEB) February 15, 2012
Leading authority on organizational and personal identity, author Larry Ackerman has launched his new blog “Identity Beacon” – http://blog.theidentitycircle.com. Ackerman is regarded as the pioneer in the field of identity-based management and leadership. He is the founder of The Identity Circle - http://www.theidentitycircle.com.
His blog is focused on helping organizations and individuals address their identity to benefit both personal and leadership development. A highly sought after speaker, Ackerman has worked for a wide range of clients including Alcoa, Maytag, Fidelity Investments, the Dow Chemical Company and others.
Published by Random House, Larry’s book, "The Identity Code: The 8 Essential Questions for Finding Your Purpose and Place in the World", shows readers how to crack their identity code. Heralded by numerous leaders as fundamental to revealing organizational identity as well as personal identity, the book is highly relevant in today’s 24/7-paced world.
In "The Identity Code", Ackerman reveals the Laws of Identity and the 8 Essential Questions they encompass. The answers to those questions notes Ackerman, “are the foundation upon which you’ll make truly meaningful decisions about what work is right for you, build and maintain relationships that matter, and even discover the hobbies and interests that make the most sense for you.”
Ackerman’s blog –Identity Beacon – continues the conversation started in Ackerman’s books and offers readers weekly beacons of insight about how to claim – and apply – their personal identity to their work lives and lives overall.
Ackerman’s first book, "Identity is Destiny", set forth a revolutionary view of the nature of identity and its fundamental impact on organizational and leadership development.
Ackerman’s site features several free and valuable tools for individuals and corporations.
To download an overview on Identity Mapping® — a dynamic program for tapping the value-creating power of your workforce — Please go to this link: http://www.theidentitycircle.com/images/uploads/IM_Corp_Course.pdf. Identity Mapping helps individuals clarify their unique, value-creating powers and apply them to their work, their careers, and the organization as a whole.
Follow Larry Ackerman on Twitter http://twitter.com/lackerman.
About the Author:
Larry Ackerman
The Identity Circle LLC
1771 Post Road East, Suite 207
Westport, CT 06880
Phone: (203) 227-8589
Email: lackerman(at)theidentitycircle(dot)com
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Nettie Hartsock
The Hartsock Agency
512-753-9984
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Larry Ackerman, Founder of The Identity Circle Launches New Blog - Are You Ready to Break the Identity Code?
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Lower Enrollment Hurts Capella – Analyst Blog
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Capella Education Company ( CPLA ), the provider of online education, recently delivered fourth-quarter 2011 earnings of 91 cents a share that dropped 16.5% from $1.09 earned in the prior-year quarter due to fall in students' enrollment. On a reported basis, including one time items, earnings came in at 85 cents, down 22% from the year-ago quarter. The Zacks Consensus Estimate for the quarter was 91 cents.
Behind the Headline
Total active enrollment dropped 4.5% to 37,704 during the quarter. Management had earlier guided enrollment to fall by 4% to 6% in the quarter. New enrollment tumbled 9.4%, reflecting tough market conditions, changes with respect to program accreditation, and stringent admissions criteria.
The quarterly revenue of $110 million came in line with the Zacks Consensus Estimate but fell 4.1% from $114.7 million in the year-ago quarter. The decline in the top line dovetails with management's guidance range of 3% to 4.5% fall. Capella now expects revenue to drop by 1% to 2% in the first quarter of 2012.
Operating income, adjusted for charges related to workforce reduction, plummeted 28.7% to $20.2 million, whereas operating margin contracted 640 basis points to 18.3%.
Capella now expects operating margin in the range of 15% to 16% in the first quarter of 2012, down from 20.2% in the first quarter of 2011, reflecting planned investments in learner success initiatives, rise in depreciation charges and expenses related to Resource Development International, acquired in July 2011.Management's target is to attain operating margins between 15% and 17% for 2012.
Enrollment Falls, Forecasts Softer Declines
We observe that Capella is witnessing a fall in enrollment. After falling 7.5% in third quarter of 2011, total active enrollment dropped 4.5% in the fourth quarter. However, Capella now projects total enrollment to decline between 5% and 6% in the first quarter of 2012. Management expects that the rate of decline in total enrollment will decelerate as the year progresses due to improvement in new enrollment.
The potential risk looming over the education sector is the regulation proposed by the Department of Education that is weighing upon students' enrollments and the company's profits. The Department of Education proposed that an educational program could only qualify for Title IV funds, if it helps in achieving gainful employment, which includes the criteria of loan repayment rate and debt-to-income ratios.
The institutions are under the scanner due to the rise in the default rate of student loans, and are now being asked to submit information relating to recruitment procedures and use of student's grant.
Capella hinted that new enrollment in the first quarter of 2012 is expected to decline marginally, following a drop of 9.4% in the fourth quarter and a fall of 36% in the first quarter of 2011, as it expects re-registration of existing apprentices to remain robust.
Capella generally focuses on working adults, and in order to draw students it is also ramping its marketing and promotional expenditures. To counter sluggishness in students' enrollment, education companies are also resorting to restructuring their cost base. The company lowered its headcount by about 63 non-faculty workforces, and for this it incurred a charge of about $1.3 million in the quarter. Management hinted that the eliminations will result in cost savings of approximately $5.2 million per year.
Other Financial Details
Capella boasts a healthy balance sheet with no debt. It ended the quarter with cash and cash equivalents of $62 million and shareholders' equity of $162.6 million. Cash flow from operations for fiscal 2011 period was $80.3 million.
During the quarter under review, the company repurchased 775,000 shares, aggregating $25.2 million. In fiscal 2011, it bought back 2.5 million shares for a total amount of $103.4 million. Capella indicated that it has $59.6 million at its disposal under its share repurchase authorization.
Currently, we have a long-term 'Neutral' rating on the stock. However, Capella, which competes with Apollo Group Inc. ( APOL ) and Strayer Education Inc. ( STRA ), holds a Zacks #2 Rank that translates into a short-term 'Buy' recommendation, and it well defines the company's initiatives to improve students' enrollment; its diversification strategy as evident from the acquisitions of Sophia, a social teaching and learning platform and Resource Development International, an online provider of UK University qualifications by distance learning; and introduction of new products offerings and new program accreditations.
APOLLO GROUP ( APOL ): Free Stock Analysis Report
CAPELLA EDUCATN ( CPLA ): Free Stock Analysis Report
STRAYER EDUC ( STRA ): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.
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BARCELONA (Reuters) - Spanish synchronised swimmer Gemma Mengual has said she is considering going into coaching after announcing her retirement Wednesday following a career that made her one of the Iberian nation's most successful athletes.
The 34-year-old, who is known as "la sirena," or the "the mermaid," won almost 40 medals in European, world and Olympic competition and originally intended to make her comeback at the London Olympic Games after taking time out to have a child.
She told an emotional news conference in Barcelona on Wednesday she had reversed her decision because she no longer felt fulfilled in a sport which she said had given her more than she could ever have hoped.
"In the long term, definitely yes," Mengual said when asked about a coaching career.
"I am retiring now from a sport that has made me happy and through which I have made others happy and I am retiring without suffering any injury," she added.
"There are still some things I have not achieved. I have never won an Olympic gold, but that's life."
Mengual won two silver medals at the 2008 Beijing Olympics, in the duet and team events, and the London Games would have been her fourth.
She also led Spain to gold in the free combination event at the 2009 world championships, after which she took time out to have a son.
(Writing by Iain Rogers in Madrid, editing by Justin Palmer)
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