Month: August 2017

Orange Coast College’s Planetarium Helping the Whole Community

Published / by rattlin / 1 Comment on Orange Coast College’s Planetarium Helping the Whole Community

Orange Coast College started the construction of a new planetarium in 2016 and it is expected to be opened in the fall semester of 2018. The new facility is supposed to have a hundred and twenty-nine seat auditorium and an exhibit hall. This would be a great improvement from the previous which was torn down that could only host thirty-five visitors. A total of twenty million dollar budget is estimated and the college has already received more than two million dollars of donation including a million dollar donation from a former instructor, Mary McChesney.

 

Huge donation

Mary McChesney said that the donation was due to her great love of the Orange Coast College and the fact that the planetarium will be of great help to students at the school and the community since it is the only one of its kind in Orange County. Mary also commented that the donation was also in honor of her late partner, Adelyn Bonin, who was also a professor at OCC.

 

Director’s appreciation

The executive director of the Orange Coast College Foundation, Doug Bennett was so pleased with McChesney’s donation. He said that even though he had heard that she would contribute to the project, he did not think it would be such a huge gift. The money will be used to fund Foucault pendulum, a device that demonstrates earth’s rotation.

 

About OCC

Orange Coast College is one of the largest community colleges in the nation. Being fully accredited by the Western Association of Schools and Colleges, the school enrolls more than twenty-five thousand students in each of its summer, fall, winter and spring semesters. OCC was founded in 1947, since then it has grown to offer over one thirty-five academic and career programs. Almost half of the students are enrolled at the school’s Career and Technical Education programs.

 

Orange Coast College together with two other community colleges provides administrative services and funding for post-secondary education. OCC provides affordable education in remedial and transferable lower-division courses meant for students who want to transfer to either the University of California or California State University. Orange Coast College has been ranked the top in the number of students that have transferred to the two universities.

 

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Scott Rocklage’s Astonishing Background Information

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Scott Rocklage joined 5 AM Ventures in the year 2003. He acceded to the company as a venture partner but became a managing partner in the year 2004. Doctor Scott has attained immense experience in the health care field based on the various responsibilities he has been allocated in the past years.

Dr. Scott has over thirty years of experience in health care management. His leadership for this period has enabled the approval of three United States New Drug Applications by the FDA. Read more: Scott Racklage | Crunchbase

In addition to the achievement of leading the approval on new drugs applications, Dr. Scott has been involved in various clinical trials. As such, he is a personality of immense significance within the health care domain in the US.

His experience in leadership in health care scope has been derived from the different positions he had held in different institutes. Scott has previously served as a CEO and chairperson in Cubist Pharmaceuticals and Nycomed Salutar. Moreover, he has held different positions at Catalytica and Salutar.

Currently, Dr. Scott is the Board Chairman in Cidara, Kinestral, Epirus, and Rennovia. Before the acquisition of these managerial positions, he served as a chairman in other organizations such as Miikana, Ilypsa, and Semprus.

It is surprising how he could secure leadership in all these organizations. His knowledge and experience working in the past similar domains might have been the attributing factors behind many companies entrusting their operations to his leadership.

The education background of Dr. Scott traces back to the University of California. He pursued a Bachelor’s of Science in Chemist in this university before joining the University of Massachusetts for a PhD in chemistry. In Massachusetts Institute of Technology, he conducted research that led to winning of Nobel Prize in chemistry in the year 2005.

Some of the major achievements of Scott Rocklage include the invention of various patents and publication of more than one hundred peer reviewed papers. More than thirty U.S. Patents were invented or co-invented by Scoot Rocklage. It is evident that most of the health care organizations entrust him for leadership positions due to his skills and expertise.

Philadelphia Law Suit Against Wells Fargo& Co.

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Karl Heideck says the law suit filed by the Philadelphia City against Wells Fargo & Co. alleges that the bank breached the 1968 Fair Housing Act. This breach was brought about by checking upon mortgage borrowers through rapacious lending services. The company claims that the lawsuit is uncorroborated and that their services are fair. This suit was filed on 15th May in a District Court in the United States of America, the Eastern District of Pennsylvania.

The City alleges that the Bank is steering Hispanic and black borrowers to more risky loans with high return rates. This is despite them qualifying for credit with less interest and low risks. The City also claims that the bank is making it difficult for refinancing of mortgages afterward by the borrowers. Another claim by the city is that the bank it forces its customers to pay much more percentage into foreclosure than that which was situated by white borrowers. The City had done a vigorous investigation of these claims by looking at data records before presenting it to court.

Read more on Crunchbase.com

From the data record, it was determined that black borrowers while twice likely to be handed loans with high-interest rates as compared to the whites. The Hispanics would be 1.7 times likely to be given riskier mortgage loans in comparison to the whites. The City alleges that such actions have led to the impairment of the minority community. This is because of a high number of reclosure thus reducing the ability of the community to borrow loans.

Karl Heideck is a city attorney, a risk management officer and compliance. As a Contract Attorney, from 2015 he has worked at Grant & Eisenhower, PA. He has reviewed several materials discovered and reviewed for bank litigation and securities fraud. He has focused on matters relating to risk management, transactions, liquidity positions, and acquisition. Karl Heideck has consistently improved reviewed protocol by participating in conferences with co-counsel on verifications of such.

He holds a Bachelor of Arts in English Language and Literature and Law from Temple University (James E. Beasley School of Law). He was an associate at Conrad O’Brien. He represented individuals customers and corporate in sophisticated and commercial litigation. These services included SEC receivership, banking, and government investigations, toxic tort defense and white collar criminal investigation. He has done a research and wrote analytical memoranda. He has also drafted and filled professional correspondence and pleadings. Apart from participation in settlement negotiations, he has trailed satisfactory ruling.

Fabletics Competes Successfully With Amazon and Other Retailers

Published / by rattlin / 1 Comment on Fabletics Competes Successfully With Amazon and Other Retailers

Fabletics in an online company that has some retail stores for customers that still like to shop in a real store. They sell leisurewear and active wear for women. It was co-founded by actress Kate Hudson with the goal of offering women great products at a reasonable price. They offer a subscription service to sell products to their customers.

 

Their unique marketing strategy is paying off as they have opened more physical stores in the last few years. They have added more physical stores in addition the sixteen that have opened in Hawaii, Illinois, Florida, and California. Their membership offers great fashion at half the price of the competitors.

 

They know their customers from their extensive market research. With their physical store they allow reverse show rooming. This is a technique where people browse their products offline. This technique sometimes leads to customers buying products elsewhere. The company has turned browsing into a positive customer experience. Avoiding the pop up store has helped them know their customers and build solid relationship.

 

About 30 to 50% of customers that walk into a store are already customers online. Many become members after they visit a store. When they try on a piece of clothing it goes into their online shopping cart. Fabletics doesn’t care if customers buy online or in the store. When the data they collect about customers they learn the items that customers like and don’t . The store will only stock the products that customers buy.

 

Physical stores are stocked with customer preferences, store heat mapping data and real time sales activity. They try to combine global fashion trends with user shopping trends. Their growth factor is because they have great leisurewear at reasonable prices. The company is in 10 countries. Fabletics puts the customer experience at center of their marketing strategies.

 

Kate Hudson of Fabletics say her success is based on identifying market opportunities. They design active wear for all shapes and sizes that women come in. They even created designs for larger women that wear plus sizes. As America struggled with health Kate Hudson wanted to create comfortable and enjoyable active wear.

 

Kate looks at sales number every week and know what’s selling. When products don’t sell she removes them. She makes videos and is involved in marketing. She uses big data, believes in herself and takes risks to keep the company successful.