Yes, Trump Just Seriously Damaged Huawei—But This Isn’t Over Yet - Forbes | Canada News Media
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Yes, Trump Just Seriously Damaged Huawei—But This Isn’t Over Yet – Forbes

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We now have confirmation, if any was needed, that the U.K.’s decision to ban Huawei from its 5G network came as a direct result of pressure from U.S. President Trump and his security team. There was also the non-trivial issue of an about-turn in the advice from Britain’s spooks to its politicians—the risks with Huawei equipment could no longer be mitigated. This, again, was directly attributable to America’s campaign against the Chinese tech giant. On the surface, this may look like a victory for Washington, but it’s not that simple—Huawei is far from defeated.

The clear implication in the U.K. is that the Huawei decision is all about politics and has little to do with security. The U.K. cyber team charged with defending the realm from the threats associated with Chinese equipment have only changed their view because, at America’s insistence, U.S. components inside Huawei equipment are being replaced by (likely) Chinese equivalents. A change in the political winds—there’s a U.S. election now just a few months away—and both the lobbying and the supply chain restrictions could easily fall away.

This context behind the U.K.’s “materially” changed security report, that the change was fabricated by the U.S., is critical. Absent the latest sanctions, the U.K. advice would not have changed and the reason driving the U.K.’s reversal would not exist. The confirmation from leading chip supplier TSMC, that it will cease supplying Huawei in September per new U.S. rules, was also steeped in the implication that were those rules to soften or change, or were the company to successfully apply for a license to supply, than we’d be quickly back to normal.

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Even the structure of the U.K.’s newly announced reversal is all about the detail. The decision to bar purchases of 5G equipment from next January leaves a sizeable procurement window wide open, and is designed to restrict the acquisition of standalone 5G kit rather than LTE-to-5G upgrades. The long grace period (until 2027) before a rip and replace is mandatory, and the silence on existing 3G and 4G equipment already deployed, have left many options on the table. If a week is a long time in politics, seven years is a lifetime.

Trump was quick to take credit for the U.K. decision, personalizing the victory, and it’s true that the president has campaigned long and hard to persuade his key defense and intelligence ally to toe the U.S. line. But Washington’s relationship with Beijing is starkly different to London’s. The U.S. can brush aside economic threats from China—neither can live without the other. A U.K. facing up to the harsh realities of a post-COVID Brexit is not in such a fortunate position. China issued further threats of “retaliation” in the wake of the Huawei decision. And that carries some weight in a country reliant on Chinese investments in infrastructure and technology, and with a huge install base of Huawei equipment.

Huawei’s U.K. PR chief, Ed Brewster, stressed during a charged BBC Newsnight interview last week, that the company’s mission in the U.K. continues. R&D investments and the decision, announced post the 5G reversal, to open new flagship stores should tell you all you need to know about where Huawei stands on its U.K. future. “We know that millions of people here in the U.K. love our products,” the company said on announcing the £10 million ($12.5 million) investment. Hawkish U.S. politicians come and go, this Chinese giant is playing a much longer game.

The group of U.K. politicians that has lobbied its government hard for tougher sanctions on Huawei knows there is a risk of further changes as this story runs through November’s U.S. election and whatever fallout we see from inquiries into the origins of coronavirus and Beijing’s alleged misinformation. There is also a much wider technology stand-off, one that has now dragged the TikTok into the mix.

The U.S. is fast approaching a decision point as to just how far it wants to take this, before the implications on its own technology sector become much harder to sell back home. The headlines might be filled these days with news of new investments into India, but China is China, and it’s not going to be easily displaced as the world’s centre of tech manufacturing and the world’s hottest consumer market.

Stepping back from this seminal week in the battle between the U.S. and Huawei, it’s hard not to think that the U.K. has left the door ajar for further twists and turns. The decision is solely based on U.S. lobbying and sanctions, and the U.K. does not want to be left holding the check should the U.S. change its tone.

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What Difference Will You Make to an Employer?

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October 21, 2024

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It’s common knowledge that companies don’t hire the most qualified candidates. Employers hire the person they believe will deliver the best value in exchange for their payroll cost.

Since most job seekers know the above, I’m surprised that so few mention their Employee Value Proposition (EVP). Most job seekers list their education, skills, and experience without substantiating them and expect employers to determine whether they can benefit their company; hence, most resumes and LinkedIn profiles are just a list of opinions—borderline platitudes—that are meaningless and, therefore, have no value. Job seekers need to better explain, along with providing evidence, how they’ll contribute to an employer’s success.

Employers don’t hire opinions (read: talk is cheap); they hire results.

You’re not offering anything tangible when you claim:

 

  • I’m a great communicator.
  • I’m detail oriented.
  • I’m a team player.

 

Tangible:

 

  • “At Global Dynamics, I held quarterly town hall meetings with my 22 sales reps, highlighting our accomplishments, identifying opportunity areas, and recognizing outstanding performers.”
  • “For eight years, I managed Vandelay Industries IT department, overseeing a staff of 18 and a 12-million-dollar budget while coordinating cross-specialty projects. My strong attention to detail is why I never exceeded budget.”
  • “While working at Cyberdyne Systems, I was part of the customer service team, consisting of nine of us, striving to improve our response time. Through collaboration and sharing of best practices, we reduced our average response time from 48 to 12 business hours, resulting in a 35% improvement in customer feedback ratings.”

 

These examples of tangible answers provide employers with what they most want to hear from candidates but rarely do; what value the candidate will bring to the company. Typically, job seekers present their skills, experience, and unsubstantiated opinions and expect recruiters and employers to figure out their value, which is a lazy practice.

Getting hired isn’t based on “I have an MBA in Marketing and Sales,” “I’ve been a web designer for over 15 years,” “I’m young, beautiful and energetic,” blah, blah, blah. Likewise, being rejected isn’t based on “I’m overqualified,” “I’m too old,” “I don’t have enough education,” blah, blah, blah. Getting hired depends entirely on showing employers that you can add value and substance to their company; that you’ll serve a purpose.

When you articulate a solid value offer, the “blah, blah, blah” doesn’t matter. Job seekers focus too much on the “blah, blah, blah,” and when not hired, they say, “It’s not me, it’s…” The biggest mistake I see job seekers make is focusing on the “blah, blah, blah”—their experience and education—believing this is what interests employers. Hiring managers are more interested in whether you can solve the problems the position exists to solve than in your education and experience.

 

Not impressive: Education

Impressive: A track record of achieving tangible results.

 

You aren’t who you say you are; you are what you do.

 

If you want to be somebody who works hard, you have to actually work hard. If you want to be somebody who goes to the gym, you actually have to go to the gym. If you want to be a good friend, spouse, or colleague, you have to actually be a good friend, spouse, or colleague. Actions build reputations, not words.

The biggest challenge job seekers face today is differentiating themselves. To stand out and be memorable, don’t be like most job seekers, someone who’s all talk and no action. Any recruiter or hiring manager will tell you that the job market is heavily populated with job seekers who talk themselves up, talk a “good game” about everything they can “supposedly” do, drop names, etc., but have nothing to show for it.

More than ever, employers want to hear candidates offer a value proposition summarizing what value they bring. If you’re looking for a low-hanging fruit method to differentiate yourself, do what job seekers hardly ever do and make a hard-to-ignore value proposition.

  1. Increase sales: “Based on my experience managing Regina and Saskatoon for PharmaKorp, I’m confident that I can increase BioGen’s sales by no less than 25% in Winnipeg and the surrounding area by the end of 2025.”
  2. Reduce cost: “During my 12 years as Taco Town’s head of purchasing, I renegotiated contracts with key suppliers, resulting in 15% cost savings, saving the company over $450,000 annually. I know I can do the same for The Pasta House.”
  3. Increase customer satisfaction:“During my time at Globex Corporation, I established a systematic feedback mechanism that enabled customers to share their experiences. This led to targeted improvements, increasing our Net Promoter Score by 15 points. I can increase Dunder Mifflin’s net promoter score.”
  4. Save time: “As Zap Delivery’s dispatcher, I implemented advanced routing software that analyzed traffic patterns, reducing average delivery times by 20%. My implementation of this software at Froggy’s Delivery can reduce your delivery times by at least 20%, if not more.”

 

If you want to achieve job search success as soon as possible, structure your job search with a single thread that’s evident and consistent throughout your résumé, LinkedIn profile, cover letters and especially during interviews; clearly convey what difference you’ll make to the employer.

_____________________________________________________________________

 

Nick Kossovan, a well-seasoned veteran of the corporate landscape, offers “unsweetened” job search advice. You can send Nick your questions to artoffindingwork@gmail.com.

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Netflix’s subscriber growth slows as gains from password-sharing crackdown subside

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October 17, 2024

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Netflix on Thursday reported that its subscriber growth slowed dramatically during the summer, a sign the huge gains from the video-streaming service’s crackdown on freeloading viewers is tapering off.

The 5.1 million subscribers that Netflix added during the July-September period represented a 42% decline from the total gained during the same time last year. Even so, the company’s revenue and profit rose at a faster pace than analysts had projected, according to FactSet Research.

Netflix ended September with 282.7 million worldwide subscribers — far more than any other streaming service.

The Los Gatos, California, company earned $2.36 billion, or $5.40 per share, a 41% increase from the same time last year. Revenue climbed 15% from a year ago to $9.82 billion. Netflix management predicted the company’s revenue will rise at the same 15% year-over-year pace during the October-December period, slightly than better than analysts have been expecting.

The strong financial performance in the past quarter coupled with the upbeat forecast eclipsed any worries about slowing subscriber growth. Netflix’s stock price surged nearly 4% in extended trading after the numbers came out, building upon a more than 40% increase in the company’s shares so far this year.

The past quarter’s subscriber gains were the lowest posted in any three-month period since the beginning of last year. That drop-off indicates Netflix is shifting to a new phase after reaping the benefits from a ban on the once-rampant practice of sharing account passwords that enabled an estimated 100 million people watch its popular service without paying for it.

The crackdown, triggered by a rare loss of subscribers coming out of the pandemic in 2022, helped Netflix add 57 million subscribers from June 2022 through this June — an average of more than 7 million per quarter, while many of its industry rivals have been struggling as households curbed their discretionary spending.

Netflix’s gains also were propelled by a low-priced version of its service that included commercials for the first time in its history. The company still is only getting a small fraction of its revenue from the 2-year-old advertising push, but Netflix is intensifying its focus on that segment of its business to help boost its profits.

In a letter to shareholder, Netflix reiterated previous cautionary notes about its expansion into advertising, though the low-priced option including commercials has become its fastest growing segment.

“We have much more work to do improving our offering for advertisers, which will be a priority over the next few years,” Netflix management wrote in the letter.

As part of its evolution, Netflix has been increasingly supplementing its lineup of scripted TV series and movies with live programming, such as a Labor Day spectacle featuring renowned glutton Joey Chestnut setting a world record for gorging on hot dogs in a showdown with his longtime nemesis Takeru Kobayashi.

Netflix will be trying to attract more viewer during the current quarter with a Nov. 15 fight pitting former heavyweight champion Mike Tyson against Jake Paul, a YouTube sensation turned boxer, and two National Football League games on Christmas Day.

The Canadian Press. All rights reserved.

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All Magic Spells (TM) : Top Converting Magic Spell eCommerce Store

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October 17, 2024

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