Monday, December 30, 2019

The Odyssey An Adventure Of Obstacles And Conflicts

Everyone uses phones. Whether it’s for texting, calling, searching the web or looking at social media, phones, computers, radios, and televisions are essential to modern life. Of course, it wasn’t always like that. This technology hasn’t existed until very recently in time. Since the start of humanity, our goals have been to evolve our ways of living. How far has this strive for intelligence reached? In the ancient story of Homer’s The Odyssey, the hero Odysseus travels from Troy to Ithica through an adventure of obstacles and strife. Since the setting takes place thousands of years ago, much of the technology is outdated and obsolete. The Odyssey’s technology is more underdeveloped than the accomplishments of modern times, showing humanity’s progress with transportation, communication, and weaponry. To get from Troy to Ithica, Odysseus uses boats as the main form of transportation. Since Odysseus and his crew must travel across sea, it seems second nature to travel by boat. However, boats in that time period were inadequate during long journeys, as well as prone to giving the crew illnesses, prone to damaging the boat, and could only hold limited members and food. While almost reaching Ithica, Odysseus remarks, â€Å"Nine days and nights we sailed without event , till on the tenth we raised our land.† (10, 32) By then, Odysseus has not even reached the shore of Ithica, and from an island far from Troy, it took the boat 10 days to even come close to Ithica. Though boats canShow MoreRelatedSimilarities Between The Odyssey And Harry Potter996 Words   |  4 PagesThe Hero’s Journey: Harry Potter and the Sorcerer’s Stone and The Odyssey Published in the 8th century B.C.E and 1997 respectively, both The Odyssey by Homer and Harry Potter and the Sorcerer’s Stone by J. K. Rowling are universally known arts of literature. The Hero’s Journey is a commonly used trope incorporated in numerous amounts of tales. This trope involves a hero who goes on a journey, finds himself in a crisis, defeats his enemies, and comes home changed. Harry Potter, the main characterRead MoreThe Odyssey By Robert Fagles926 Words   |  4 Pagesof the Odyssey delineates a journey as both a transformative and life-changing experience that does not necessitate physical travel. Such characters as Odysseus, Telemachus, Penelope, and Athena have undergone physical, imaginative, spiritual, and emotional travel, which has had a telling influence on their lives. The journeys have played a critical role in shaping, transforming, and developing the characters. This paper will detail the journeys undertaken by various characters in the Odyss ey. OdysseusRead MoreThe Odyssey1315 Words   |  6 PagesThe Odyssey has captured minds for over 2700 years, and the story of Odysseus shows his determination to fight and conquer obstacles with and without the help of the Gods. The story dates back before 1000B.c. (The Modern Library, 1950, p.VI) His creative and cunning tactics throughout the story show his determination to reach his homeland of Ithaca. After conquering the Trojan War, Odysseus was told by Poseidon â€Å"man is nothing without the gods†. Poseidon felt Odysseus was not thankful for Poseidon’sRead MoreThe Epic Hero : Harry Potter1229 Words   |  5 Pagesdefeats evil. Although Harry Potter is not a Epic hero in the same way as Odysseus, Harry Potter still fulfills the stages of epic hero cycle and proves that he is a hero by overcome obstacles and showing his bravery, and selflessness. Harry Potter enters the epic hero cycle when he experiences the call to adventure and finds out his supernatural qualities. Joseph Campbell writes in his book that ?the individual is drawn into a relationship with forces that are not rightly understood? (56). HagridRead More The Lotos-Eaters By Tennyson Essay1430 Words   |  6 Pagesdifferent poetic genres; he implemented perhaps the most distinguished and versatile of all the written works in the English language. The first time I read â€Å"The Lotus-Eaters†1, I have to admit that I had a hearty dislike for it. Having read The Odyssey in Literature class last year, this seemed like its replica. It occurred to me that Tennyson was plagiarizing Homer. But when I reread the poem with greater depth, I noticed its poetic techniques, imagery, symbols, etc. It was really exceptionalRead MoreThe Lotos-Eaters by Tennyson1443 Words   |  6 Pagesdifferent poetic genres; he implemented perhaps the most distinguished and versatile of all the written works in the English language. The first time I read The Lotus-Eaters1, I have to admit that I had a hearty dislike for it. Having read The Odyssey in Literature class last year, this seemed like its replica. It occurred to me that Tennyson was plagiarizing Homer. But when I reread the poem with greater depth, I noticed its poetic techniques, imagery, symbols, etc. It was really exceptionalRead MoreOdysseus Role in the Odyssey1616 Words   |  7 PagesIn Homer’s, â€Å"The Odyssey†, Odysseus struggles to return home not only to rejoin his wife Penelope and son Telemakhos but also to fulfill his duty as ruler and legend. As Odysseus struggles homeward, the idea of his true self and what defines him shifts. His longing for family and sovereignty serves, at times, as a raging fire that propels him home. At other times it seems to be lost in the shadows of his adventures. At the end, when all conflicts are resolved and Odysseus is reunited with his wifeRead MoreWhy Forrest Gump Is Very Much An Epic1584 Words   |  7 Pagestales that narrated the feats and adventures of heroic or often legendary figures, or the gallant history of a nation. I believe Forrest Gump is very much an epic. When a story transcends multiple lifetimes and incorporates many events across generational lines, it may be then considered epic. Forrest Gump, a tale about a man of slight mind but significant heart who originates from deficiency to become an American Hero leading one simple life leading to an adventure after another. The characterizationsRead More12 Literary Piece1670 Words   |  7 Pages12 Literary piece that have Influenced the World 1. The Bible or the Sacred writings: This has become the basis of Christianity originating from Palestine and Greece 2. Koran: The Muslim bible originating from Arabia 3. The Iliad and the Odyssey: These have been the source of Myths and Legends of Greece. They were written by Homer. 4. The Mahabharata: The Longest epic of the world. It contains the history of religion in India. 5. Canterburry: it depicts the religion and customs of EnglishRead MoreThe Odyssey and O Brother, Where Art Thou: Two Relevant Pieces?1872 Words   |  8 PagesThe Odyssey and O Brother, Where Art Thou: Two Relevant Pieces? Time has not become the conqueror for the classical epic poem The Odyssey. For the past 2,500 years it has been turning its pages for many people all around the world, classifying it as the Western literary tradition. Even in the 21st century The Odyssey is still depicting its prominence when the film O Brother, Where Art Thou was directed in 2000 by loosely portraying the epic. The Coen Brothers’ film O Brother, Where Art Thou mirrors

Sunday, December 22, 2019

How Technology Can Improve The Human Bodies - 986 Words

The future of extensive and intensive augmentations to become cyborgs won’t necessarily mean that we will all feel superhuman. While these developments that have been made in the progress of improving the human bodies possess unbelievable potential to change many lives, but most of the enhanced needs to make some sacrifices to be augmented. Gabril Licina, who experimented with unlocking infrared vision in humans stated that â€Å"The myth to dispel is that with an augmentation, people will easily become superhuman. It’s important that we stay grounded in scientific reality. It’s not as easy as just popping a pill or flicking a switch.† Subjects from Licina’s experiments found that they could improve their night vision by adjusting their nutritional input, but with the cost of missing some of blue or green perception. It is important to consider the factor of sacrificing certain qualities and special trainings for the improvement of oneself as simply implanting a machine in the body does not immediately gives one incredible abilities. Modifying a runner by putting high quality blades does not instantly turn him or her into a superstar runner- the underlying precondition of fitness and talent are still fundamental. It takes time and patience to adapt and utilize the full potential of the new body. Certain cyborgs have the choice and ability in shutting down their emotions after brain implantation which, while prove beneficial in certain ways, should not be done for theShow MoreRelatedTechnology : A World Where There Is No Afterlife1627 Words   |  7 Pagesomnibenevolence. Today, technology is making strides towards Lennon’s world. â€Å"Biohacking† is the marriage of biology with the hacker ethic. Not defined in mainstream dictionaries, the newly-coined term is used loosely. Biohacking refers to human body-enhance- ment, at-home gene sequencing, and managing the human body with medicine, nutrition, and electronics. â€Å"Biohackers,† also known as â€Å"grinders† or â€Å"transhumanists-in-practice,† seek to im- prove the human condition by manipulating and fusing human biology withRead MoreTechnology Has Made The World A Global Village1375 Words   |  6 Pagescoming up with new ideas, methods, products, tools to improve the current system. One can see transformation, revolution, breakthrough, and radical changes as a result of new ideas developed to improve the current models (Akash et al., 2014). Technology is a remarkable example of innovation. Day-in-day-out people are coming up with new upheavals. New things are created and more improvements to the already existing objects. T he communication technology has made the world a global village. Robotic and industrialRead MoreCloning Humans Essay example769 Words   |  4 PagesCloning Humans Cloning is the process of duplicating a genetically identical organism through non-sexual means. Cloning can be done with plants animals including human, but it had been success with only plants and animals not human, since there are some argument going on about is it right or wrong to clone human (which is actually what this essay is all about). The first cloned mammal is a sheep named Dolly in 1997.The scientists had cloned other animals, such asRead MoreRise Of The Metahum Should We Enhance?1380 Words   |  6 Pagesstronger, and more handsome than most humans. Fast forward a few centuries and we have Hercules, strongest man in the world, performer of heroic deeds. Throughout our history we ve had heroes, villains, and gods that are able to so much more than mere mortals. Even if you look at our literature today, we still have heroes who can do so much more than us normal, unmodified humans can do. Humanity has an obsession with being more than human. Emerging technology such as bionic implantable lenses forRead MoreThe Effects Of Ocean Exploration On Humans And Other Lives Essay1544 Words   |  7 Pagesve effects on humans and other lives. In my opinion, ocean exploration is one crucial thing for lives on the earth. The purpose of this paper is to show the benefits of ocean exploration. The ocean has been regarded as medical tool to heal people since long time ago. For instance, taking a bath in the ocean. The Eighteenth century British society was facing problem of many of maladies such as fever, digestive complaints, melancholia, nervous tics and tremors. Enlightenment physicians started seekingRead MoreThe Benefits of Cloning Essay1095 Words   |  5 Pagessubjects body and inserting that DNA into a womans egg. Worldwide attention was turned to the prospect of human cloning and with a push for sweeping prohibition (Tribe 459) legislatures around the world banned any research related to cloning because of its nature. To get rid of cloning research would be very harmful and detrimental to society. If cloning humans is allowed then it will benefit us all because of the medical advances and understands that can be obtained from cloning technology whichRead MoreTechnology Is Growing Fast and Changing Our Lives Essay840 Words   |  4 PagesOver the years technol ogy has been growing fast. Knowing human use communication by texting and calling. It’s careless for humans because not seeing each other could cause them to have problems. Instead of going out together and be active they just waste time on their phones. Humans putting a stop of when they have access to their phones so that they can spend more time with friends. Technology is often changing our lives to make things easier and better for them.Then at the same time is keepingRead MoreHow Technology Has Changed The Quality Of The Food1750 Words   |  7 Pages Different information recorded in different genes, gene can be changed by modifying some or all of the features of an organism. After entering the university, after the completion of the study a semester general biology, although not yet talked about the genetic aspects of the content, but for the interest in this part of the simple read a bit. I learned the different DNA sequences have different functions on genetic aspects of technology, there are many. Genetic engineering, recombinant DNA, suchRead MoreThe Negative Effects Of Technology1541 Words   |  7 PagesJust a few decades ago, the technology we have today were merely ideas in science fiction novels or gadgets seen in a futuristic movie. There is no doubt that technology use has increased dramatically within this decade and these numbers may continue to rise as technology becomes more available to the public. Technology is slowly taking over our life and so many people have grown up surrounded by technology that a life without it is pretty much unimaginable. As technology becomes a bigger part of ourRead MoreArtificial Armesis Essay1021 Words   |  5 Pagesbetter to improve their quality of life. For many years wood was the dominant material for a prosthesis, but over the last 20 years materials have emerged to give greater comfort and confidence for amputees. Today we continue to see great advances in the construction and design of these limbs as amputees had not only lost a leg or an arm, they have also lost sensitivity, control and their independence. Many see this as an opportunity to not only replace a body part but to improve on the imperfect

Saturday, December 14, 2019

Angels Demons Chapter 102-105 Free Essays

102 Piazza Navona. Fountain of the Four Rivers. Nights in Rome, like those in the desert, can be surprisingly cool, even after a warm day. We will write a custom essay sample on Angels Demons Chapter 102-105 or any similar topic only for you Order Now Langdon was huddled now on the fringes of Piazza Navona, pulling his jacket around him. Like the distant white noise of traffic, a cacophony of news reports echoed across the city. He checked his watch. Fifteen minutes. He was grateful for a few moments of rest. The piazza was deserted. Bernini’s masterful fountain sizzled before him with a fearful sorcery. The foaming pool sent a magical mist upward, lit from beneath by underwater floodlights. Langdon sensed a cool electricity in the air. The fountain’s most arresting quality was its height. The central core alone was over twenty feet tall – a rugged mountain of travertine marble riddled with caves and grottoes through which the water churned. The entire mound was draped with pagan figures. Atop this stood an obelisk that climbed another forty feet. Langdon let his eyes climb. On the obelisk’s tip, a faint shadow blotted the sky, a lone pigeon perched silently. A cross, Langdon thought, still amazed by the arrangement of the markers across Rome. Bernini’s Fountain of the Four Rivers was the last altar of science. Only hours ago Langdon had been standing in the Pantheon convinced the Path of Illumination had been broken and he would never get this far. It had been a foolish blunder. In fact, the entire path was intact. Earth, Air, Fire, Water. And Langdon had followed it†¦ from beginning to end. Not quite to the end, he reminded himself. The path had five stops, not four. This fourth marker fountain somehow pointed to the ultimate destiny – the Illuminati’s sacred lair – the Church of Illumination. Langdon wondered if the lair were still standing. He wondered if that was where the Hassassin had taken Vittoria. Langdon found his eyes probing the figures in the fountain, looking for any clue as to the direction of the lair. Let angels guide you on your lofty quest. Almost immediately, though, he was overcome by an unsettling awareness. This fountain contained no angels whatsoever. It certainly contained none Langdon could see from where he was standing†¦ and none he had ever seen in the past. The Fountain of the Four Rivers was a pagan work. The carvings were all profane – humans, animals, even an awkward armadillo. An angel here would stick out like a sore thumb. Is this the wrong place? He considered the cruciform arrangement of the four obelisks. He clenched his fists. This fountain is perfect. It was only 10:46 P.M. when a black van emerged from the alleyway on the far side of the piazza. Langdon would not have given it a second look except that the van drove with no headlights. Like a shark patrolling a moonlit bay, the vehicle circled the perimeter of the piazza. Langdon hunkered lower, crouched in the shadows beside the huge stairway leading up to the Church of St. Agnes in Agony. He gazed out at the piazza, his pulse climbing. After making two complete circuits, the van banked inward toward Bernini’s fountain. It pulled abreast of the basin, moving laterally along the rim until its side was flush with the fountain. Then it parked, its sliding door positioned only inches above the churning water. Mist billowed. Langdon felt an uneasy premonition. Had the Hassassin arrived early? Had he come in a van? Langdon had imagined the killer escorting his last victim across the piazza on foot, like he had at St. Peter’s, giving Langdon an open shot. But if the Hassassin had arrived in a van, the rules had just changed. Suddenly, the van’s side door slid open. On the floor of the van, contorted in agony, lay a naked man. The man was wrapped in yards of heavy chains. He thrashed against the iron links, but the chains were too heavy. One of the links bisected the man’s mouth like a horse’s bit, stifling his cries for help. It was then that Langdon saw the second figure, moving around behind the prisoner in the dark, as though making final preparations. Langdon knew he had only seconds to act. Taking the gun, he slipped off his jacket and dropped it on the ground. He didn’t want the added encumbrance of a tweed jacket, nor did he have any intention of taking Galileo’s Diagramma anywhere near the water. The document would stay here where it was safe and dry. Langdon scrambled to his right. Circling the perimeter of the fountain, he positioned himself directly opposite the van. The fountain’s massive centerpiece obscured his view. Standing, he ran directly toward the basin. He hoped the thundering water was drowning his footsteps. When he reached the fountain, he climbed over the rim and dropped into the foaming pool. The water was waist deep and like ice. Langdon grit his teeth and plowed through the water. The bottom was slippery, made doubly treacherous by a stratum of coins thrown for good luck. Langdon sensed he would need more than good luck. As the mist rose all around him, he wondered if it was the cold or the fear that was causing the gun in his hand to shake. He reached the interior of the fountain and circled back to his left. He waded hard, clinging to the cover of the marble forms. Hiding himself behind the huge carved form of a horse, Langdon peered out. The van was only fifteen feet away. The Hassassin was crouched on the floor of the van, hands planted on the cardinal’s chain-clad body, preparing to roll him out the open door into the fountain. Waist-deep in water, Robert Langdon raised his gun and stepped out of the mist, feeling like some sort of aquatic cowboy making a final stand. â€Å"Don’t move.† His voice was steadier than the gun. The Hassassin looked up. For a moment he seemed confused, as though he had seen a ghost. Then his lips curled into an evil smile. He raised his arms in submission. â€Å"And so it goes.† â€Å"Get out of the van.† â€Å"You look wet.† â€Å"You’re early.† â€Å"I am eager to return to my prize.† Langdon leveled the gun. â€Å"I won’t hesitate to shoot.† â€Å"You’ve already hesitated.† Langdon felt his finger tighten on the trigger. The cardinal lay motionless now. He looked exhausted, moribund. â€Å"Untie him.† â€Å"Forget him. You’ve come for the woman. Do not pretend otherwise.† Langdon fought the urge to end it right there. â€Å"Where is she?† â€Å"Somewhere safe. Awaiting my return.† She’s alive. Langdon felt a ray of hope. â€Å"At the Church of Illumination?† The killer smiled. â€Å"You will never find its location.† Langdon was incredulous. The lair is still standing. He aimed the gun. â€Å"Where?† â€Å"The location has remained secret for centuries. Even to me it was only revealed recently. I would die before I break that trust.† â€Å"I can find it without you.† â€Å"An arrogant thought.† Langdon motioned to the fountain. â€Å"I’ve come this far.† â€Å"So have many. The final step is the hardest.† Langdon stepped closer, his footing tentative beneath the water. The Hassassin looked remarkably calm, squatting there in the back of the van with his arms raised over his head. Langdon aimed at his chest, wondering if he should simply shoot and be done with it. No. He knows where Vittoria is. He knows where the antimatter is. I need information! From the darkness of the van the Hassassin gazed out at his aggressor and couldn’t help but feel an amused pity. The American was brave, that he had proven. But he was also untrained. That he had also proven. Valor without expertise was suicide. There were rules of survival. Ancient rules. And the American was breaking all of them. You had the advantage – the element of surprise. You squandered it. The American was indecisive†¦ hoping for backup most likely†¦ or perhaps a slip of the tongue that would reveal critical information. Never interrogate before you disable your prey. A cornered enemy is a deadly enemy. The American was talking again. Probing. Maneuvering. The killer almost laughed aloud. This is not one of your Hollywood movies†¦ there will be no long discussions at gunpoint before the final shoot-out. This is the end. Now. Without breaking eye contact, the killer inched his hands across the ceiling of the van until he found what he was looking for. Staring dead ahead, he grasped it. Then he made his play. The motion was utterly unexpected. For an instant, Langdon thought the laws of physics had ceased to exist. The killer seemed to hang weightless in the air as his legs shot out from beneath him, his boots driving into the cardinal’s side and launching the chain-laden body out the door. The cardinal splashed down, sending up a sheet of spray. Water dousing his face, Langdon realized too late what had happened. The killer had grasped one of the van’s roll bars and used it to swing outward. Now the Hassassin was sailing toward him, feet-first through the spray. Langdon pulled the trigger, and the silencer spat. The bullet exploded through the toe of the Hassassin’s left boot. Instantly Langdon felt the soles of the Hassassin’s boots connect with his chest, driving him back with a crushing kick. The two men splashed down in a spray of blood and water. As the icy liquid engulfed Langdon’s body, his first cognition was pain. Survival instinct came next. He realized he was no longer holding his weapon. It had been knocked away. Diving deep, he groped along the slimy bottom. His hand gripped metal. A handful of coins. He dropped them. Opening his eyes, Langdon scanned the glowing basin. The water churned around him like a frigid Jacuzzi. Despite the instinct to breathe, fear kept him on the bottom. Always moving. He did not know from where the next assault would come. He needed to find the gun! His hands groped desperately in front of him. You have the advantage, he told himself. You are in your element. Even in a soaked turtleneck Langdon was an agile swimmer. Water is your element. When Langdon’s fingers found metal a second time, he was certain his luck had changed. The object in his hand was no handful of coins. He gripped it and tried to pull it toward him, but when he did, he found himself gliding through the water. The object was stationary. Langdon realized even before he coasted over the cardinal’s writhing body that he had grasped part of the metal chain that was weighing the man down. Langdon hovered a moment, immobilized by the sight of the terrified face staring up at him from the floor of the fountain. Jolted by the life in the man’s eyes, Langdon reached down and grabbed the chains, trying to heave him toward the surface. The body came slowly†¦ like an anchor. Langdon pulled harder. When the cardinal’s head broke the surface, the old man gasped a few sucking, desperate breaths. Then, violently, his body rolled, causing Langdon to lose his grip on the slippery chains. Like a stone, Baggia went down again and disappeared beneath the foaming water. Langdon dove, eyes wide in the liquid murkiness. He found the cardinal. This time, when Langdon grabbed on, the chains across Baggia’s chest shifted†¦ parting to reveal a further wickedness†¦ a word stamped in seared flesh. Angels Demons An instant later, two boots strode into view. One was gushing blood. 103 As a water polo player, Robert Langdon had endured more than his fair share of underwater battles. The competitive savagery that raged beneath the surface of a water polo pool, away from the eyes of the referees, could rival even the ugliest wrestling match. Langdon had been kicked, scratched, held, and even bitten once by a frustrated defenseman from whom Langdon had continuously twisted away. Now, though, thrashing in the frigid water of Bernini’s fountain, Langdon knew he was a long way from the Harvard pool. He was fighting not for a game, but for his life. This was the second time they had battled. No referees here. No rematches. The arms driving his face toward the bottom of the basin thrust with a force that left no doubt that it intended to kill. Langdon instinctively spun like a torpedo. Break the hold! But the grip torqued him back, his attacker enjoying an advantage no water polo defenseman ever had – two feet on solid ground. Langdon contorted, trying to get his own feet beneath him. The Hassassin seemed to be favoring one arm†¦ but nonetheless, his grip held firm. It was then that Langdon knew he was not coming up. He did the only thing he could think of to do. He stopped trying to surface. If you can’t go north, go east. Marshalling the last of his strength, Langdon dolphin-kicked his legs and pulled his arms beneath him in an awkward butterfly stroke. His body lurched forward. The sudden switch in direction seemed to take the Hassassin off guard. Langdon’s lateral motion dragged his captor’s arms sideways, compromising his balance. The man’s grip faltered, and Langdon kicked again. The sensation felt like a towline had snapped. Suddenly Langdon was free. Blowing the stale air from his lungs, Langdon clawed for the surface. A single breath was all he got. With crashing force the Hassassin was on top of him again, palms on his shoulders, all of his weight bearing down. Langdon scrambled to plant his feet beneath him but the Hassassin’s leg swung out, cutting Langdon down. He went under again. Langdon’s muscles burned as he twisted beneath the water. This time his maneuvers were in vain. Through the bubbling water, Langdon scanned the bottom, looking for the gun. Everything was blurred. The bubbles were denser here. A blinding light flashed in his face as the killer wrestled him deeper, toward a submerged spotlight bolted on the floor of the fountain. Langdon reached out, grabbing the canister. It was hot. Langdon tried to pull himself free, but the contraption was mounted on hinges and pivoted in his hand. His leverage was instantly lost. The Hassassin drove him deeper still. It was then Langdon saw it. Poking out from under the coins directly beneath his face. A narrow, black cylinder. The silencer of Olivetti’s gun! Langdon reached out, but as his fingers wrapped around the cylinder, he did not feel metal, he felt plastic. When he pulled, the flexible rubber hose came flopping toward him like a flimsy snake. It was about two feet long with a jet of bubbles surging from the end. Langdon had not found the gun at all. It was one of the fountain’s many harmless spumanti†¦ bubble makers. Only a few feet away, Cardinal Baggia felt his soul straining to leave his body. Although he had prepared for this moment his entire life, he had never imagined the end would be like this. His physical shell was in agony†¦ burned, bruised, and held underwater by an immovable weight. He reminded himself that this suffering was nothing compared to what Jesus had endured. He died for my sins†¦ Baggia could hear the thrashing of a battle raging nearby. He could not bear the thought of it. His captor was about to extinguish yet another life†¦ the man with kind eyes, the man who had tried to help. As the pain mounted, Baggia lay on his back and stared up through the water at the black sky above him. For a moment he thought he saw stars. It was time. Releasing all fear and doubt, Baggia opened his mouth and expelled what he knew would be his final breath. He watched his spirit gurgle heavenward in a burst of transparent bubbles. Then, reflexively, he gasped. The water poured in like icy daggers to his sides. The pain lasted only a few seconds. Then†¦ peace. The Hassassin ignored the burning in his foot and focused on the drowning American, whom he now held pinned beneath him in the churning water. Finish it fully. He tightened his grip, knowing this time Robert Langdon would not survive. As he predicted, his victim’s struggling became weaker and weaker. Suddenly Langdon’s body went rigid. He began to shake wildly. Yes, the Hassassin mused. The rigors. When the water first hits the lungs. The rigors, he knew, would last about five seconds. They lasted six. Then, exactly as the Hassassin expected, his victim went suddenly flaccid. Like a great deflating balloon, Robert Langdon fell limp. It was over. The Hassassin held him down for another thirty seconds to let the water flood all of his pulmonary tissue. Gradually, he felt Langdon’s body sink, on its own accord, to the bottom. Finally, the Hassassin let go. The media would find a double surprise in the Fountain of the Four Rivers. â€Å"Tabban!† the Hassassin swore, clambering out of the fountain and looking at his bleeding toe. The tip of his boot was shredded, and the front of his big toe had been sheared off. Angry at his own carelessness, he tore the cuff from his pant leg and rammed the fabric into the toe of his boot. Pain shot up his leg. â€Å"Ibn al-kalb!† He clenched his fists and rammed the cloth deeper. The bleeding slowed until it was only a trickle. Turning his thoughts from pain to pleasure, the Hassassin got into his van. His work in Rome was done. He knew exactly what would soothe his discomfort. Vittoria Vetra was bound and waiting. The Hassassin, even cold and wet, felt himself stiffen. I have earned my reward. Across town Vittoria awoke in pain. She was on her back. All of her muscles felt like stone. Tight. Brittle. Her arms hurt. When she tried to move, she felt spasms in her shoulders. It took her a moment to comprehend her hands were tied behind her back. Her initial reaction was confusion. Am I dreaming? But when she tried to lift her head, the pain at the base of her skull informed her of her wakefulness. Confusion transforming to fear, she scanned her surroundings. She was in a crude, stone room – large and well-furnished, lit by torches. Some kind of ancient meeting hall. Old-fashioned benches sat in a circle nearby. Vittoria felt a breeze, cold now on her skin. Nearby, a set of double doors stood open, beyond them a balcony. Through the slits in the balustrade, Vittoria could have sworn she saw the Vatican. 104 Robert Langdon lay on a bed of coins at the bottom of the Fountain of the Four Rivers. His mouth was still wrapped around the plastic hose. The air being pumped through the spumanti tube to froth the fountain had been polluted by the pump, and his throat burned. He was not complaining, though. He was alive. He was not sure how accurate his imitation of a drowning man had been, but having been around water his entire life, Langdon had certainly heard accounts. He had done his best. Near the end, he had even blown all the air from his lungs and stopped breathing so that his muscle mass would carry his body to the floor. Thankfully, the Hassassin had bought it and let go. Now, resting on the bottom of the fountain, Langdon had waited as long as he could wait. He was about to start choking. He wondered if the Hassassin was still out there. Taking an acrid breath from the tube, Langdon let go and swam across the bottom of the fountain until he found the smooth swell of the central core. Silently, he followed it upward, surfacing out of sight, in the shadows beneath the huge marble figures. The van was gone. That was all Langdon needed to see. Pulling a long breath of fresh air back into his lungs, he scrambled back toward where Cardinal Baggia had gone down. Langdon knew the man would be unconscious now, and chances of revival were slim, but he had to try. When Langdon found the body, he planted his feet on either side, reached down, and grabbed the chains wrapped around the cardinal. Then Langdon pulled. When the cardinal broke water, Langdon could see the eyes were already rolled upward, bulging. Not a good sign. There was no breath or pulse. Knowing he could never get the body up and over the fountain rim, Langdon lugged Cardinal Baggia through the water and into the hollow beneath the central mound of marble. Here the water became shallow, and there was an inclined ledge. Langdon dragged the naked body up onto the ledge as far as he could. Not far. Then he went to work. Compressing the cardinal’s chain-clad chest, Langdon pumped the water from his lungs. Then he began CPR. Counting carefully. Deliberately. Resisting the instinct to blow too hard and too fast. For three minutes Langdon tried to revive the old man. After five minutes, Langdon knew it was over. Il preferito. The man who would be Pope. Lying dead before him. Somehow, even now, prostrate in the shadows on the semisubmerged ledge, Cardinal Baggia retained an air of quiet dignity. The water lapped softly across his chest, seeming almost remorseful†¦ as if asking forgiveness for being the man’s ultimate killer†¦ as if trying to cleanse the scalded wound that bore its name. Gently, Langdon ran a hand across the man’s face and closed his upturned eyes. As he did, he felt an exhausted shudder of tears well from within. It startled him. Then, for the first time in years, Langdon cried. 105 The fog of weary emotion lifted slowly as Langdon waded away from the dead cardinal, back into deep water. Depleted and alone in the fountain, Langdon half-expected to collapse. But instead, he felt a new compulsion rising within him. Undeniable. Frantic. He sensed his muscles hardening with an unexpected grit. His mind, as though ignoring the pain in his heart, forced aside the past and brought into focus the single, desperate task ahead. Find the Illuminati lair. Help Vittoria. Turning now to the mountainous core of Bernini’s fountain, Langdon summoned hope and launched himself into his quest for the final Illuminati marker. He knew somewhere on this gnarled mass of figures was a clue that pointed to the lair. As Langdon scanned the fountain, though, his hope withered quickly. The words of the segno seemed to gurgle mockingly all around him. Let angels guide you on your lofty quest. Langdon glared at the carved forms before him. The fountain is pagan! It has no damn angels anywhere! When Langdon completed his fruitless search of the core, his eyes instinctively climbed the towering stone pillar. Four markers, he thought, spread across Rome in a giant cross. Scanning the hieroglyphics covering the obelisk, he wondered if perhaps there were a clue hidden in the Egyptian symbology. He immediately dismissed the idea. The hieroglyphs predated Bernini by centuries, and hieroglyphs had not even been decipherable until the Rosetta Stone was discovered. Still, Langdon ventured, maybe Bernini had carved an additional symbol? One that would go unnoticed among all the hieroglyphs? Feeling a shimmer of hope, Langdon circumnavigated the fountain one more time and studied all four fa;ades of the obelisk. It took him two minutes, and when he reached the end of the final face, his hopes sank. Nothing in the hieroglyphs stood out as any kind of addition. Certainly no angels. Langdon checked his watch. It was eleven on the dot. He couldn’t tell whether time was flying or crawling. Images of Vittoria and the Hassassin started to swirl hauntingly as Langdon clambered his way around the fountain, the frustration mounting as he frantically completed yet another fruitless circle. Beaten and exhausted, Langdon felt ready to collapse. He threw back his head to scream into the night. The sound jammed in his throat. Langdon was staring straight up the obelisk. The object perched at the very top was one he had seen earlier and ignored. Now, however, it stopped him short. It was not an angel. Far from it. In fact, he had not even perceived it as part of Bernini’s fountain. He thought it was a living creature, another one of the city’s scavengers perched on a lofty tower. A pigeon. Langdon squinted skyward at the object, his vision blurred by the glowing mist around him. It was a pigeon, wasn’t it? He could clearly see the head and beak silhouetted against a cluster of stars. And yet the bird had not budged since Langdon’s arrival, even with the battle below. The bird sat now exactly as it had been when Langdon entered the square. It was perched high atop the obelisk, gazing calmly westward. Langdon stared at it a moment and then plunged his hand into the fountain and grabbed a fistful of coins. He hurled the coins skyward. They clattered across the upper levels of the granite obelisk. The bird did not budge. He tried again. This time, one of the coins hit the mark. A faint sound of metal on metal clanged across the square. The damned pigeon was bronze. You’re looking for an angel, not a pigeon, a voice reminded him. But it was too late. Langdon had made the connection. He realized the bird was not a pigeon at all. It was a dove. Barely aware of his own actions, Langdon splashed toward the center of the fountain and began scrambling up the travertine mountain, clambering over huge arms and heads, pulling himself higher. Halfway to the base of the obelisk, he emerged from the mist and could see the head of the bird more clearly. There was no doubt. It was a dove. The bird’s deceptively dark color was the result of Rome’s pollution tarnishing the original bronze. Then the significance hit him. He had seen a pair of doves earlier today at the Pantheon. A pair of doves carried no meaning. This dove, however, was alone. The lone dove is the pagan symbol for the Angel of Peace. The truth almost lifted Langdon the rest of the way to the obelisk. Bernini had chosen the pagan symbol for the angel so he could disguise it in a pagan fountain. Let angels guide you on your lofty quest. The dove is the angel! Langdon could think of no more lofty perch for the Illuminati’s final marker than atop this obelisk. The bird was looking west. Langdon tried to follow its gaze, but he could not see over the buildings. He climbed higher. A quote from St. Gregory of Nyssa emerged from his memory most unexpectedly. As the soul becomes enlightened†¦ it takes the beautiful shape of the dove. Langdon rose heavenward. Toward the dove. He was almost flying now. He reached the platform from which the obelisk rose and could climb no higher. With one look around, though, he knew he didn’t have to. All of Rome spread out before him. The view was stunning. To his left, the chaotic media lights surrounding St. Peter’s. To his right, the smoking cupola of Santa Maria della Vittoria. In front of him in the distance, Piazza del Popolo. Beneath him, the fourth and final point. A giant cross of obelisks. Trembling, Langdon looked to the dove overhead. He turned and faced the proper direction, and then he lowered his eyes to the skyline. In an instant he saw it. So obvious. So clear. So deviously simple. Staring at it now, Langdon could not believe the Illuminati lair had stayed hidden for so many years. The entire city seemed to fade away as he looked out at the monstrous stone structure across the river in front of him. The building was as famous as any in Rome. It stood on the banks of the Tiber River diagonally adjacent to the Vatican. The building’s geometry was stark – a circular castle, within a square fortress, and then, outside its walls, surrounding the entire structure, a park in the shape of a pentagram. The ancient stone ramparts before him were dramatically lit by soft floodlights. High atop the castle stood the mammoth bronze angel. The angel pointed his sword downward at the exact center of the castle. And as if that were not enough, leading solely and directly to the castle’s main entrance stood the famous Bridge of Angels†¦ a dramatic approachway adorned by twelve towering angels carved by none other than Bernini himself. In a final breathtaking revelation, Langdon realized Bernini’s city-wide cross of obelisks marked the fortress in perfect Illuminati fashion; the cross’s central arm passed directly through the center of the castle’s bridge, dividing it into two equal halves. Langdon retrieved his tweed coat, holding it away from his dripping body. Then he jumped into the stolen sedan and rammed his soggy shoe into the accelerator, speeding off into the night. How to cite Angels Demons Chapter 102-105, Essay examples

Friday, December 6, 2019

Honda case Essay Example For Students

Honda case Essay International Strategic ManagementCase Study Assignment No. 1Strategy is usually related and sometimes confused by people with planning. But as time course shows in the study of companies, there are different approaches of how a company can develop its strategy. Johnson, and Shcoles, in their book Exploring Corporate Strategy had studied the different ways that companies develop their strategy. The authors had formulated and structured three general ways how companies build it, there are: the design, experience and ideas lenses. Exploring Corporate Strategy literature explains that these are the main streams how people perceive that strategies are developed, but these streams are not exclusive but inclusive and can be combined to develop each companys unique strategy. A good example of the former its the incursion of Honda to the US motorcycle market in the 1960s, studied by different approaches as so as external and internal point of view. For Boston Consulting Group and Harvard Business School, it was a more design lens approach of how Honda incursion in the US market. They state that Hondas strategy was directed towards high volumes per model, providing high productivity, and low costs. Their main overview highlights that Honda succeeded in US by introducing a new product (small motorcycles) that expanded the motorcycle market in the US through price generic competitive strategy. They underline that in 1959, Honda was already the largest motorcycle producer in the world. That suggests that Honda was prepared with capacity, capital and technical capability to enter the US market. However through the US Honda launchers point of view their incursion was not a matter of those issues, neither a designer strategy approach. They stated In truth, we had no strategy other than the idea of seeing if we could sell anything in the US, so from their lens, the strategy was to explore a different environment and find a niche to position the company. By the other hand at the beginning they appoint that they try to adopt an experienced strategy, by going directly to the retailers, but the situations with the large machines lead to a changing environment that pushed them to an emergent strategy. Mr. Honda was more an ideas lens strategy leader; by encouraging hes executives to generate ideas to success against all odds. He didnt established a rigid strategy by ordering to focus in certain product, he foster the emergent patterns, and acted as a coach. Every company uses or finds different ways to develop their corporate strategy. While Honda preferred to manage with the emergent opportunities in order to construct their expansion strategy, Ericsson in the counterpart designed their corporate strategy based in analysis and planning, The Company made a bold strategic change, forming an entirely new business area, Ericsson Information Systems. Their strategy included the acquisition of new technologies, resources, etc. Ericssons designed strategy failed, but the market growth predictions faltered immensely and so did profit expectations. As result of the segregation of ERA, their strategy was different; it was continuously built by the emerging opportunities, and generating new ideas. For these companies strategic leadership was always there, Mr. Honda acting as a coach, and Ericssons CEO as a tight planning controller, and Lundqvist as an entrepreneur. All these reflected in the success of the outcomes. Politics were highly used in the development of the new Ericssons business. Since the beginning the internal politicking was presented in the different areas of Ericsson, mainly between the SRA CEO and bureaucrats of the corporation. Politicking was also involved with the outside negotiations to gain a concentrated business sector, after much pressure and debate corporate management finally gave SRA the business and responsibility for the system as a whole. Hondas case was different because there was not conflict or struggle between the CEO and the executives vision, so not much politicking was involved. Logical incrementalism, was presented in different ways for them. For Hondas external point of view it was built up on experienced success, while for the insiders it was a search for opportunities and taking advantage of them in order to exploit the niche. Ericsson, is a complete different story, while the corporate tried to drive the company to certain vision (Information Systems), and failed at the same time that the smallest branch struggle to achieve its own vision. Suddenly the whole business transformed towards the successful vision, By the turn of the century Eriksson was completely dominated by the mobile telephony business. .u620e603953c4f93b40383287510b4ae5 , .u620e603953c4f93b40383287510b4ae5 .postImageUrl , .u620e603953c4f93b40383287510b4ae5 .centered-text-area { min-height: 80px; position: relative; } .u620e603953c4f93b40383287510b4ae5 , .u620e603953c4f93b40383287510b4ae5:hover , .u620e603953c4f93b40383287510b4ae5:visited , .u620e603953c4f93b40383287510b4ae5:active { border:0!important; } .u620e603953c4f93b40383287510b4ae5 .clearfix:after { content: ""; display: table; clear: both; } .u620e603953c4f93b40383287510b4ae5 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u620e603953c4f93b40383287510b4ae5:active , .u620e603953c4f93b40383287510b4ae5:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u620e603953c4f93b40383287510b4ae5 .centered-text-area { width: 100%; position: relative ; } .u620e603953c4f93b40383287510b4ae5 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u620e603953c4f93b40383287510b4ae5 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u620e603953c4f93b40383287510b4ae5 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u620e603953c4f93b40383287510b4ae5:hover .ctaButton { background-color: #34495E!important; } .u620e603953c4f93b40383287510b4ae5 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u620e603953c4f93b40383287510b4ae5 .u620e603953c4f93b40383287510b4ae5-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u620e603953c4f93b40383287510b4ae5:after { content: ""; display: block; clear: both; } READ: The Good Earth: Wang Lung - A Man of Determination and Loyalty EssayThought the change in the markets and the development of new technologies, as result of natural evolution as Darwin appointed, every organism has to evolve as the same pace as the environment in order to survive. Companies have to change from time to time, because, what was a need yesterday, it might not be today. So companies had to seek new horizons and search more opportunities, change their strategies as new ideas emerge, in a structured and operational planned change, helped by experience and an entrepreneurial attitude towards to the unknown future to redesign their selves. REFERENCE LISTJohnson, G. and Scholes, K. (2002) Exploring Corporate Strategy. 6th ed. Essex: Prentice Hall.

Friday, November 29, 2019

Sas Case Study Essay Example

Sas Case Study Essay Succeeding with old-fashioned values in a new industry 1 (revised September 2010) Adapted by CH Besseyre des Horts from C. A. OReilly III J. Pfeffer (2000) : Hidden Value, how great companies achieve extraordinary results with ordinary people, Harvard Business School Press, pp. 99-117. 1 1 CASE STUDY THE SAS INSTITUTE : Succeeding with old-fashioned values in a new industry TREATING PEOPLE DIFFERENTLY (and better) than they expect to be treated, and differently than other companies in the industry treat them, is not something that only works in retailing. Even in the world of high technology and software development, there is a case to be made for being different. And few companies in this industry are as different as the one described in this chapter : SAS Institute that was ranked in 2010 the #1 Best Company to Work For in the USA 2 , # 10 in India 3 and among the 25 Top Employers in China 4 . SAS Institute, the largest privately owned software company in the world, is an anachronism. In an era of relentless pressure, this place is an oasis of calm. In an age of frantic competition, this place is methodical and clearheaded. In a world of free agency, signing bonuses, and stock options, this is a place where loyalty matters more than money. In a world of outsourcing and contracting out, SAS Institute outsources and contracts out almost nothing. Day care workers, onsite health professionals, food service workers, and even most security guards are all SAS Institute employees. In an era of managed care, SAS offers a full indemnity health plan with low deductibles. We will write a custom essay sample on Sas Case Study specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Sas Case Study specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Sas Case Study specifically for you FOR ONLY $16.38 $13.9/page Hire Writer In almost every respect, SAS Institute seems like a throwback to an earlier era, to a time when there were long-term attachments between companies and their people, and large, progressive organizations such as Eastman Kodak, S. C. Johnson, and Sears offered generous, inclusive benefits in an effort to enhance the welfare of their workforce. Not all observers seem to approve of this form of employment relationship. Some people say that SAS Institute reeks of paternalism or a plantation mentality in a world otherwise dominated by market like labor market transactions. For instance, an article in Forbes stated, More than one observer calls James Goodnights SAS Institute, Inc. , the Stepford software company after the movie The Stepford Wives. In the movie, people were almost robot-like in their behavior, apparently under the control of some outside force. Another article noted, The place can come across as being a bit too perfect, as if working there might mean surrendering some of your personality. Of course, no one is forced to work at the company, and there are many nearby opportunities available. SAS Institute is so inclusive and comprehensive in what it does for its people that it makes some observers, more accustomed to the arms-length, occasionally adversarial relationship between employers and employees now so typical in organizations, uncomfortable. Certainly, aspects of the companys generous benefits, spacious, campus-like grounds, and concern for the total welfare of all of its people seem out of place in contemporary management practice. What a puzzle! How can a company that operates like firms did fifty years ago succeed in todays economy-not only that, but succeed in one of the most high-technology sectors of that economy, software? SAS Institute poses a second mystery. The conventional wisdom is that turnover is endemic and inevitable in high technology in general and software in particular. In these industries 2 3 http://money. cnn. com/magazines/fortune/bestcompanies/2010/full_list/ http://www. greatplacetowork. in/best/list-in. htm 4 http://www. topemployers. com. n/en/employers/OurProjects/ChinasTopEmployers2010/CertifiedorganisationsA Z. aspx 2 there is a tremendous shortage of people, and job hopping is an accepted and even expected part of peoples career strategy. But SAS Institute, with no signing bonuses, no stock options, no phantom stock-none of the gimmicks that have come to be taken for granted as ways of inducing people to join and remain in companies-has a turnover rate of less than 4 percent. Never in the more th an thirty-two years of the companys history has turnover been above 5 percent. SAS Institute is located in Cary, in the Research Triangle area of North Carolina. It is surrounded by numerous pharmaceutical companies, as well as by IBM, Northern Telecom, and many other high-technology and software companies, so SAS people would not have to move geographically if they wanted to change jobs. How in the world has SAS Institute kept its turnover so low and succeeded so well in wooing and retaining the talent that has permitted the company to flourish? BACKGROUND SAS Institute was founded in 1976 by Dr. James Goodnight, John Sall, Anthony Barr, and Jane Helwig. Goodnight, today the CEO, was an undergraduate in applied mathematics at North Carolina State University in the 1960s. The son of a hardware store owner, he helped pay his way through college by moonlighting as a programmer. After graduating, Goodnight worked for General Electric on the ground control system for the Apollo space program before returning to North Carolina State to obtain his doctorate in statistics in 1971. He then joined the faculty on a so-called soft money appointment-a position in which you had to go out and get the grants to pay your own salary. Goodnight and Barr, who had worked for IBM for two years developing an information system for the Pentagon and was now also working at State, thought it was wasteful to have to write a new program every time students wanted to do a new statistical analysis. They decided to develop a uniform program that could be used over and over, and that could solve lots of different kinds of [statistical] problems. Having developed such a system, they leased SAS (Statistical Analysis System) to other agricultural schools in the region and to some pharmaceutical companies. When the soft money began to dry up, they were told they could stay on at the university but would have to pay their own salaries. Instead, they left and formed their own company. When that company, SAS Institute, Inc. , began in 1976 as an independent entity, it already had 100 paying customers and was cash flow positive. Except for a mortgage on its first building, SAS Institute has never had any debt, nor has it ever had to raise outside venture or other equity capital. What about ownership of the intellectual property? North Carolina State ceded them all copyrights on the program in exchange for free upgrades. If this seems generous, consider that in the 1970s there really wasnt a software industry and no one knew what software was worth. As Jim Goodnight recounts, when his wife would tell people her husband worked in software, they thought it was some type of clothing or undergarments. One of the cofounders, Anthony Barr, sold his 40 percent stake in the company for about $340,0 00 in 1979. Jane Helwig left to found another software company, Seasoned Systems, with her husband and then decided to attend medical school. She now practices obstetrics/ gynecology, and her stepsons, Mark and David Helwig, work for SAS Institute. Today, James Goodnight owns two-thirds of the company; the other cofounder, John Sall, owns the other third. Goodnights two-thirds stake of SAS Institute means that, according to Forbes, he is the forty-second richest person in the world. John Sall, also a billionaire, is not active at all in the 3 management of SAS Institute and does not want to be. He sees himself as a statistician and a software developer-not a businessperson or a manager. Over the years, the SAS program has expanded to become a twenty module system for data warehousing, data mining, and decision support. With 6. million lines of code, the massive program is used by the U . S. Census Bureau to count and categorize population, by the Agriculture Department to develop crop forecasts and by the long distance phone companies to figure out how much to charge for each call . Banks use SAS Institute software to do credit scoring, hotels use the product to manage frequent visitor programs, and catalog companies use the system to help decide which people to mail particular catalogs. The original statistical analysis package that was the foundation of the company currently contributes less than 2 percent of total revenue. SAS Institute operates on a worldwide basis. In 2009, the company has many sales offices in the United States and more than 400 offices globally, as well as 600 licensed distributors. Ninety-seven percent of the Fortune 100 companies use SAS software, as do more than 93 percent of the Global 500. SAS Institute has more than 45,000 customers sites throughout the world in 122 countries 5 . Because SAS Institute is privately owned, information on its finances is not publicly available. Figures 1 and 2 present information on sales revenues for the past 23 and 33 years. SAS Institute is currently the largest privately owned independent software company. SAS Institute has enjoyed double-digit revenue growth since its founding. Year Revenues (millions US $) 1986 98 1990 240 1994 482 1998 871 2002 1. 180 2005 1. 68 2007 2. 15 2008 2. 26 2009 2. 31 Figure 1 : Annual Sales Revenues for SAS Institute 1986 – 2009 6 Figure 2 : SAS Annual Revenue History 1976 – 2009 3 5 6 SAS Institute company fact sheet (http://www. sas. com/company/about/statistics. html ) Annual report SAS Institute 2009 (http://www. sas. com/corporate/annual-report-current. df) and company fact sheet (http://www. sas. com/company/about/statistics. html ) 4 The company has no single competitor that provides precisely the range of software products it does, but in segments of its business it competes with companies such as SPSS that offer statistical analysis and graphic packages, with vendors of decision support and graphics, or with database management companies such as Ora cle; Although originally running only on mainframes, SAS applications run on midrange computers, workstations, and personal computers as well as on a variety of mainframe platforms. The company is to use Internetand intranet-based applications. SAS Institute has spent in 2009 about 23 percent of its revenues on research and development, an amount that has remained remarkably constant over the years and is about twice the average for the software industry. SAS Institute employs about 11,325 people (end of 2009), approximately 38% of them work at corporate headquarters at Cary. Almost all of the companys software development occurs at Cary, with the other offices performing account management and service support. If anyone thinks that SAS Institutes success was foreordained by its being at the right place at the right time, a comparison with SPSS is particularly revealing. SPSS was founded in the late 1960s by three Stanford University graduate students to offer packages for statistical packages. SPSS incorporated in 1975 and set up its headquarters in Chicago. In August 1993, SPSS offered stock to the public. SPSS applications originally ran only on mainframes, but in the 1980s they were migrated to a personal computer operating environment. In 1996, desktop revenues were almost 80 percent of total revenues. SPSS traditionally offers data analysis and graphics software, process documentation, and various management products. More recently, SPSS principal activity has moved to provide technology that transforms data into insight through the use of predictive analytics and other data mining techniques : SPSS solutions and products enable organizations to improve decision-making by learning from the past, understanding the present as well as anticipating future problems and opportunities. Although its origins in a university were similar to SAS Institute and it was founded at about the same time, the growth of the two companies has been quite different. In the fiscal year that ended December 31, 2008, SPSS had revenues of $302. 9 million 7 , less than one-seventh that of SAS Institute and about 1,200 employees compare to more than 11,000. SPSS was subsequently acquired late 2009 by the giant IBM 8 in order to reinforce its predictive analytics solutions’ offerings. Strategy SAS Institutes business strategy is built on relationships. As described in the companys 1996 annual report, The Institute is founded on a philosophy of forming lasting relationships with our customers, our business partners, and our employees. These critical relationships, combined with our leading-edge software and services, together form the basic elements of our success. Relationships are important because, unlike many software vendors, SAS Institute does not sell products and subsequent upgrades but rather offers site licenses, provided on an annual basis after a thirty-day free trial. The software is not cheap. A charge of $50,000 a year for 50 users is typical. However, the licenses include free upgrades to new versions of the software and outstanding customer support. Initial first-year revenues are less than if the product were sold outright, but over time, revenues from a given customer will be 7 8 http://www. corporateinformation. com/Company-Snapshot. aspx? cusip=78462K102 http://www. spss. com/ibm-announce/ 5 higher as long as that customer remains with SAS Institute. The companys license renewal rate is over 98 percent. Early 2009, the economic crisis situation has not impacted the optimistic view of the market as expressed by Jim Goodnight in the 2008 annual report : In 2008, organizations of all sizes—spanning every industry and geography— felt the effects of a slowing economy. Though everyone is still trying to see the light at the end of the tunnel, I am optimistic about the future, and I’ll tell you why. Businesses have been forced, by necessity, to get back to basics—to focus on the essentials that can help them weather this economic crisis. If the market has taught us anything, it is that no matter how bad things get, they will get better. How individual businesses conduct themselves in the face of such dire economic circumstances will help determine who will be around when things begin to improve†¦ 9 This positive vision was confirmed early 2010 by Jim Goodnight in the 2009 annual report : â€Å"Our optimism and determination in the face of an uncertain economy paid off last year, and we finished 2009 – our 34th consecutive year of growth – with global revenues of US$2. 31 billion, up 2. 2 percent over 2008 results. Our revenue from software sales alone jumped 3. 3 percent at a time when the software revenue of other major vendors has been declining. Customers are increasingly turning to SAS ® solutions to maximize effective customer relations, more effectively manage operations and engage in better risk management. Software revenue was strong in several areas, including customer intelligence, credit risk, supply chain and text analytics, attesting that companies striving to survive in a down economy, and succeed in times of recovery and growth, need such solutions to answer complex business problems, spur innovation and enable success. † 10 Customer support is one key to maintaining satisfied customers. SAS Institute has one technical support person for every 100 customers. Customer loyalty is intense. Like many software companies, SAS Institute sponsors user group meetings. One difference is the loyalty of the users who attend these meetings. SAS veterans of previous user conventions wear up to 20 badges on their jackets as a demonstration of loyalty. Howard Dresner, research director for the Gartner Group, sometimes speaks at SAS user group meetings and commented, I was afraid that if I said anything negative they [the users] would lynch me. Product development at SAS Institute is also based on staying in very close touch with customers and giving them what they want and need. Jim Goodnight said : Listen to the customers. Give them the software they want. There is no reason to develop software they dont want. . . . Once a project is underway, well have a few of our customers come in that we know are interested. in a particular area and have meetings with them and have them test the software weve developed. . . . If we could make these products fit the needs of half a dozen companies through these strategic partnerships, it will pretty well fit the needs of other companies as well One way information is acquired is by meeting with users in user group conferences. SAS Institute has six regional user groups in the United States, one international group, and a dozen country-specific user groups. It also sponsors a number of user group conferences throughout the world each year. At user conferences, the company holds a contest asking questions about the SAS software, for which customers have been known to study for days. 9 10 Annual report SAS Institute 2008 Annual report SAS Institute 2009 (http://www. sas. com/corporate/annual-report-current. pdf) 6 Each year the company sends each of its customers a ballot asking what features they would like to see. From tabulating the results of that ballot, the company decides on its development priorities for the coming year. The company does not have a focused product strategy, nor does it engage into along-range planning. Goodnight believes that the industry is evolving too rapidly for such planning and, as he puts it, I am not as much of a visionary as Bill Gates, so I cant tell where the industry is going. The company will not turn down a product idea that seems sound, even if the idea doesnt fit tightly into the existing product line. As David Russo , formerly the vice president of human resources commented, the company operates on the philosophy of the educator Maria Montessori, namely, that creativity should be followed not led. Russo noted that if youre hiring creative people, you give them their head, you tell them that its all right to take chances and you mean it, they will do their best. People at SAS Institute are encouraged to do new things. David Russo commented: Have you ever heard us talk about the holes ? He [Goodnight] says that hes dug a lot of holes. The only smart thing is knowing when to quit digging. . . We dont know if its going to make a lot of money for the company or not. But the technology out there is exciting and it might turn into something. Go for it. As one consequence of this customer-focused, employee-initiative product development philosophy, SAS Institute is developing video games and is moving heavily into educational software. Neither of these areas is within the scope of its t raditional focus on statistical and data mining products. These new products are being internally incubated, not obtained through acquisitions. One other important element of SAS Institutes business is its drive for market share and revenue growth. David Russo commented that the company, and Jim Goodnight, wants the software everywhere. If its a choice between making X dollars per sale or having more people have the software, he would rather have the software everywhere. He [Goodnight] thinks that there is no reason that any midsized or large enterprise shouldnt be using SAS. They should be using SAS for everything. So his perspective is, it should be out there. And as a result, hell try anything. SAS INSTITUTE PHILOSOPHY AND VALUE The fundamental way that SAS Institute operates has been the same since its inception and is premised on a small, consistent set of values and beliefs. One is the desire to create a corporation where it was much fun for the workers as for top management. Two principles are inherent in that statement. The first is the principle that all people at SAS Institute are treated fairly and equally. In its practices and day-to-day operations, the company is a very egalitarian place. Jim Goodnight nor anybody else has a reserved parking space. His health plan is no different from that of the day care workers. There is no executive dining roomeveryone regardless of position can eat at one of the on-site company cafeterias, where highquality, subsidized food is accompanied by a pianist playing during the lunch hour. Everyone at SAS Institute has a private office, not a cubicle. Dress is casual and decided by what the person feels comfortable wearing. As Goodnight explained, Four of us started the business. When we started, there were no employees, we were all principals. What we tried to do was to treat people who joined the company as we ourselves wanted to be treated. . . The 7 company is characterized by an egalitarian approach. The second important principle is that the workplace should be fun and people should be treated with dignity and respect. This philosophy comes from Goodnights early experiences. When he worked for General Electric on the Apollo space program, although the work was interesting, the job environmen t was not good: We had guards at the door every day. . . . We had to sign in. Youd go down the hall and put your quarter in the machine and get a cup of coffee out. A lot of these things, I found somewhat offensive. Essentially, SAS Institute believes in the power of reciprocity-that people feel obligated to return favors that are done for them. Or, more prosaically stated, if you treat your people well, they will treat the company well by being loyal and dedicated in return. Jim Goodnight has commented that he likes being around happy people. Who wouldnt ? He and other SAS Institute leaders believe that if you take care of your people, they will take care of the company. As one manager put it, the basic philosophy is one of trickle down-if you treat people well, things will take care of themselves. A third, interconnected part of the philosophy that guides SAS Institute is a belief in and reliance on intrinsic, internal motivation. Part of trusting people is treating them like resp onsible adults and relying on them to do a good job. Barrett Joyner, vice president of North American sales and marketing, noted that the emphasis is on coaching rather than monitoring and controlling. Trust and respect- its amazing how far you can go with that. The importance placed on people comes from the fact that SAS Institute operates in a business critically dependent on intellectual capital. David Russo, who was head of human resources for more than seventeen years, explained: The best way to produce the best and get the best results is to behave as if the people who are creating those things for you are important to you individually. Every night at 6 oclock, all of our assets walk out the door†¦We just hope they come back at nine the next morning.. If you believe that, then its just a waterfall of common sense. It just means that you take care of the folks who are taking care of you. . . . Why we do the things we do is whats important. The things we do are secondary. . . . They are just a natural outgrowth of a philosophy that if you really mean that your people are important, you will treat them like they are important. The final part of the SAS Institute philosophy comes from an important insight about the business and economic benefits that come from creating an environment in which both the physical aspects the workplace and the services offered to employees relieve the stress and the day-to-day concerns of people: We believe that an employee with some of the normal workday stresses relieved . . is more productive, not only for that day, but comes back more refreshed and able to be more productive that second day . . . and so on, explains Russo. The point of the strategy is to make it impossible for people not do their work, by removing as many distractions and concerns possible. The ideas that people are important, that if you take care of them they will take care of the company, and that taking care of them involves treating them as you yourself might want to be treated are not particularly novel or complicated. What makes SAS Institute fairly unusual is that it actually lives by these simple precepts. Implementing this philosophy requires taking 8 a long-term approach. SAS Institute definitely thinks long term. Goodnight commented, We only take a long-term view of all issues. Since any project will take at least one to three years to come to fruition, a long-term perspective is required This long-term perspective extends to the management of people at SAS Institute. HOW SAS INSTITUTE MANAGES ITS PEOPLE The management practices SAS Institute uses are all premised on the idea that in an intellectual capital business, attracting and retain talent is paramount, and that the way to attract and retain good people is to give them interesting work to do, interesting people to do it with, and treat them like the responsible adults that they are. It is a management system based on trust and mutual respect. The fact that it is so unusual says something about most contemporary organizations and their leaders. The fact that the system works so well says a lot about human potential and what it takes to unlock that potential. Benefits and the Work Environment SAS Institute is probably most famous for its generous, family-friendly benefits and pleasant physical work environment. As already mentioned, everyone (including assistants) has a nice private office and is provided with the latest computer equipment. As in many organizations, the philosophy and practices reflect the founders early experiences and their reactions to those experiences. Goodnight tells about interviewing for a job as a computer programmer-a job he did not take- when he was a young man: The programmers sat in desk after desk, lined up row after row, in a building that was like an aircraft hangar. No walls, no privacy. Company headquarters at Cary consists of eighteen buildings scattered over a 200-acre campus-like setting with a lake and beautiful grounds and forests. The grounds feature outdoor sculpture and picnic areas, as well as hiking trails. People sometimes bring their friends and family to the grounds on the weekend for picnics or hiking. The building are architecturally interesting, with atriums and light wells. Goodnight himself oversees their design. They are beautifully decorated with art something that a committee of four, including an artist-in-residence as well as Goodnight, attends to. Company policy is for people to work about thirty-five hours a week, or a 9 to 5 work day with an hour for lunch and exercise. If you call after 5 P. M. , the voice mail system tells you that the company is closed. As David Russo noted, if you shot off a tell gauge shotgun in the parking lot on a typical Wednesday at 7 P. M. , you wouldnt hit anything. Goodnight and other senior leaders have the same schedule. Betty Friend, the director of corporate communications, has contrasted SAS Institute with other software companies, commenting, you know that old joke about Microsoft having flex time, they dont care what 18 hours you work? The company believes that people dont perform effectively when they are tired. Jim Goodnight commented: Ive seen some of the code that people produce after these long nights and its garbage. You throw it away the next day and start over. . . You have got to be alert and sharp to be a good programmer. . . . Id rather have sharp, focused people that write good code that doesnt need as much testing. I recently came back from a Microsoft conference and they said that now Microsoft has three testers for every programmer. 9 The reduced work hours permit people to have both a job and a life. It means that women dont have to give up their careers if they want to s ee their children. As a consequence, at SAS Institute more than 50 percent of the managers are women, a relatively high percentage for the software industry. The company has been able to attract and retain both men and women with its work-family balance. The company has a number of other amenities and benefits, such as an on-site 7,500-squarefoot medical facility staffed by six nurse practitioners, two family practice physicians, a physical therapist, massage therapist, and a mental health nurse. The average waiting time to be seen, if you have an appointment, is five minutes. When waiting times increase (for instance, because of the growth in the number of SAS people), the medical facility adds people, adjusts hours, or does something else to reduce the waiting time. SAS Institute recognizes that time is money and that time spent obtaining medical care cant be used on work. The facility is free to employees and their families, although there is a small copayment required for the massage therapist. The companys full indemnity health plan-not an HMO or a PPO, and with no managed carehas a $100 deductible per person, $350 per family, and covers first dollar costs for many things. Nonetheless, SAS Institutes health care costs are $1,000 per employee below the average health care costs for plans that arent nearly as ich as theirs. The SAS Institute health plan includes vision care, hearing, a go dental plan, free physicals, free mammography, and many other benefits. Gail Adcock, the manager of corporate health services, noted that the goal of her group was to keep people at work and to decrease turnover, not simply to save money. SAS Institute also provides on-site Montessori day care, with one staff for every three children. Although the day care was originally provided completely free, SAS employees now pay about one third of what the comparable fee would be in the market. Between the on-site and subsidized off-site care, SAS Institute provides child care for 528 children. SAS Institute has a fitness center that includes a large aerobics floor, two full-length basketball courts, a private, skylit yoga room, and workout areas segregated by gender. . . . Outside, there are soccer and softball fields. All of this is free to employees and their families. SAS Institute provides towels and even launders exercise clothes, also for free. The company estimates that 65 percent of its people use the exercise center two of more times per week. SAS is noted for its snack facilities-refrigerators and small eating areas- scattered throughout the buildings. Every Wednesday afternoon, plain and peanut MMs are distributed to these snack areas on every floor and every building. SAS Institute uses 22. 5 tons of MMs a year. SAS Institute was one of the early companies to offer benefits for domestic partners. It provides on-site help in arranging elder care. The company provides financial assistance and paid leave for adoptions. The companys cafeterias provide excellent food at subsidized prices, with live piano music in the background. Families are encouraged to use this facility, and many parents will eat lunch with their children who are at the on-site day care facility. A program provides undergraduate scholarships to SAS Institute employees on a competitive basis. The company even helps with housing: It sells some of the land it owns to employees at discounted prices so they can build homes. The idea behind all of this is to remove distractions that keep people from focusing on their jobs and also to reduce the stresses that come from dealing with the common demands of life. 10 For SAS employees not working at Cary, every effort is made to provide similar levels of benefits and amenities, either on site or by purchasing them for employees at local vendors. The idea is to provide Cary-level care for everyone. Performance Management David Russos theory of performance management is simple: Give people the tools to do their jobs and then let them do it, while holding them accountable. Every SAS product manual includes the names of the developers and testers who created or updated the software. Try finding the name of any person in the product manuals for most software companies, such as Microsoft. SAS Institute has eliminated the performance appraisal form. David Russo explained the decision: We dont do performance appraisals. Why? Because theyre stupid. Because everybody hates them. Because they take an inordinate amount of time with always a negative result. Instead of formal appraisals, managers commit to spending time talking to their people and providing feedback on a regular basis, at least three times a year. In return for getting rid of the appraisals, managers also committed to walking around and talking to their people. Russo believes: If there were a good performance appraisal process, everybody would be using it. . . . So what happens is companies institute a new performance appraisal process, it works for a while because its new, and all of a sudden it starts to slide and then they start looking for something else. . . .I dont think you can really manage someones performance. I think you can observe the results. . . . I think you can set short- and long-term goals. And you can sit back and see if it happens or i1 doesnt happen. The companys fundamental approach to performance management entails setting high expectations for both conduct and performance, which then become self-fulfilling, and giving people the freedom to do what they like to meet these expectations. John Boling, director of the educational technologies division, said: When Ive wanted to do research, Ive had the opportunity. When Ive wanted to travel, Ive had the opportunity. When Ive wanted to publish, Ive had the opportunity. Its been pretty much my taking the initiative. . . . We assume that you have talent, creativity, and initiative. You have to be able to take that and run with it. SAS Institute operates on the basis of trust. Violations of that trust are not sanctioned. The company, therefore, has no sick days or sick leave policy. Nor does it have a sick child care program. Jim Goodnight believes if a child is sick, it should be home with its mother or father. Commenting on the companys sick day policy and the issue of trust, David Russo said: We dont have sick days. If youre sick for six months, youre going to get flowers, youre going to get candy, youre going to get a lot of concern and a lot of visits. If youre sick for six or seven Mondays in a row, youre going to get gone. Its a simple thing. . . . Now, do we have free riders ? Absolutely, and guess who figures them out? Their peers. Management doesnt have to take care of that. They surface and they either get right or eventually . . . they get gone. Its just the way it is 11 Managers are evaluated principally on their ability to attract and retain talent. The company believes that in a business based on skill and know-how, if it can get and keep the best people, the rest will take of itself. Pay Practices SAS Institute provides none of its employees with stock options, phantom stock, performance shares, or similar schemes. Goodnight has referred to stock options as Ponzi schemes. The company does contribute to the maximum allowed by Internal Revenue Service regulation, 15 percent, to employees profit sharing (40lk) retirement plans. There is no matchingemployees do not have to contribute anything. SAS Institute has done this for more than twenty years, a record unmatched by any other company. A small bonus based partly on the companys financial performance, typically on the order of 5. percent to 8 percent, is paid at the end of the year. Base salaries are quite competitive with the industry and are adjusted annually, although people have taken pay cuts to work at SAS Institute because they value the work environment so highly. Salary increases are based on supervisors assessments of an individuals performance, so in that sense, there is a merit pay system. However, SAS Institute tries to deemphasize the importance of financial rewards because most SAS managers dont believe money is a very effective motivator. As David Russo put it, A raise is only a raise for thirty days. After that, its just somebodys salary. Its one thing not to emphasize financial rewards in software development and administration. But SAS Institute eschews the piece rate system even for its sales organization. Account representatives do not receive commissions on sales. Goodnight noted, commissions do not encourage an orientation toward taking the customer and building long-term relationships. Also, a commission culture tends to be more high pressure and high stress than what the leadership wants for their company. Barrett ]oyner, head of North American sales and marketing, described their philosophy and approach to achieving performance: We have sales targets, but mostly as a way of keeping score. I want to make the numbers, but I want to make the numbers the right way†¦. Im not smart enough to invent on a formula. People are constantly finding holes in incentive plans. He commented that many companies used incentive systems a of signaling what was important, that is, as a communications device. Joyner said that instead of using incentive schemes for this purpose Here, we just tell people what we want them to do and what we expect. To further downplay individual short-term performance, SAS Institute does not even post comparative sales data by name. Some observers believe that this kind of pay system does not encourage the best people to join and remain in the organization. Instead, the thinking goes, these high-potential people will go to places where they can do better financially. The re is, of course, no way of definitively answering this concern. However, Barrett ]oyner had the following cor on this issue: As you know, we move people around a lot at the Institute, so even though we have low turnover, account representatives may change assignments. I frequently get calls from 12 customers that say, I dont want to lose my account executive. How many software firms do you know where that happens? Training, Career Development, and Mobility SAS Institute believes in training, but it is almost all internally done. New employees receive an orientation program from senior managers history of the company, its vision, and its values. New employees learn about the products, the organizational structure, the business model, and the customers. Long-time employees really enjoy and value helping with this socialization. A lot of technical training takes place. For instance, in a nine and a half month period in 1997, about 400 technical training seminars were held that had a total of 3,000 people in attendance. In the sales organization, new people receive two weeks of training in Cary, but the company is moving to a five to six-week program delivered over a six-month period to beef up sales training effort. SAS Institute does not offer tuition reimbursement for outside classes. Although it has sent people to outside management or leadership training programs on rare occasion, the emphasis is very much on doing things internally. SAS Institute tries to make it easy for people to move laterally – there are no functional silos. As David Russo noted: There are no silos of research and development, there are no silos of marketing and sales, there are no silos of technical support. Everything is based on a tool kit. If your tool kit fits this divisions model for business and you want to do that, chances are pretty good youll get to do that. And if two years later you see something else you want to do and its across three organizational boundaries, you get to do that†¦. In an intellectual capital organization like ours, the most important thing you can do is engage the individuals energy so that they can apply it to the thing that excites them most, their work. SAS Institute believes that people will have three or four careers during their working lives it would like for all of those careers to be within SAS Institute. The company has a very flat organizational structure. Depending on the particular division, there are only three or four levels in the company. Jim Goodnight has twenty-seven direct reports. He noted that my management style is to let people manage their own departments and divisions with as little interference from me as possible. The company structure is fairly informal, and the firm does not have a formal organization chart. One of the most important aspects of careers at SAS Institute every manager is a working manager-they do their own jobs as managing others. This model even extends to Goodnight, who spends about 40 percent of his time programming and leading product development teams. He noted, running a big company like this is pretty boring. Another dimension is the ability to move from an individual contributor role to a managerial role, and back, without penalty. A number of people have preferred less managerial responsibility and more programming activity, and this is possible. This practice is consistent with Russos previously cited philosophy of letting people do what theyre good at and what they want to do-and permitting them to discover what they like an d are good at by doing it. 13 As one might imagine in a company with a strong culture, fit is important in hiring, promotion, and retention decisions. SAS Institute wants people who are team players, not those who seek to stand out, to be particularly important, or to be treated like stars. Barret Joyner encourages people to think about what they really want out of their jobs and to be clear and direct about this. In considering this question, one former employee said, I want to be able to have performance that permits me to do whatever I want. When I walk down the hall, I want to feel like Im the man. ]oyner told this individual that this sounded like a wonderful goal and that he (Barrett) would him achieve it-at another organization. As David Russo has SAS Institute is not a good place for someone who wants to feel like a star feel or particularly important. At SAS Institute, everyone is important and the contributions of all are valued and recognized. Outsourcing and the Use of Temporary Help SAS has a simple policy with respect to the practice of using contract programmers supplied by so-called body shops (for instance, in India or Pakistan), a practice common in high technology, particularly the Silicon Valley. It doesnt use them. It also has a simple policy respect to contracting things out-it doesnt. SAS Institute used to have an outside public relations firm, but has now taken this back inside. SAS Institute does its own training; develops and prints its own materials, including marketing materials and product manuals; and even runs its own publishing organization that publishes books about the SAS program, including those written by outsiders. Why does it do this? Barrett Joyner said, If you want something done right, own it and control it. He noted that most companies contracted out activities in an effort to save on costs. They frequently got products or services that may have cost less, but were also of lesser quality. The question soon becomes, How little can one get away with? SAS Institute is not that focused on short-term costs in the first place, so cost savings are less critical. It is focused on doing things in a quality fashion, and it believes the best way to ensure quality is to manage the process internally. But why not contract out non-essential or non-core activities such as health care, day care, the food service, and so forth? The answer is actually quite simple: Those activities are viewed as being core at SAS Institute. If the company is organized around the attraction and retention of talent not through throwing money at people but by providing a good work environment, then activities involved in building that work environment are actually quite central to the companys operations. Many people at SAS comment on how other firms make poor decisions about what are and are not core activities and get themselves into trouble in the process of ostensibly saving money. 14 ANNEX EXCERPTS FROM THE 2009 SAS INSTITUTE ANNUAL REPORT Source : http://www. sas. com/corporate/annual-report-current. pdf 15 Leadership and innOVaTiOn Our customers can count on us – today and tomorrow. Our leadership is built on the combined strengths of our software, our domain expertise and more than 34 years of experience helping customers across organizations, industries and governments around the globe succeed. We listen to customers to understand their needs, and we give our employees the freedom to explore new ideas to address those needs. While our company continues to grow, we remain true to our long-standing goal of helping customers transform how their businesses work and sustain a culture of factbased decision making. Our business analytics framework provides customers with a flexible and straightforward path for achieving their key objectives and gaining maximum return from their information assets. Today, SAS is the world’s largest privately held software company, with more than 11,000 employees and staffed offices in 55 countries. Together, we provide software and services to more than 45,000 sites in 119 countries. And the guiding principles that launched this company in 1976 are still the foundation of our growth and success: ? Commitment to customers. ? Appreciation of and dedication to employees. ? Adherence to the highest standards of quality and performance of our software. ? Continual innovation that creates lasting value. As the economy continues on its journey toward recovery, we pledge to maintain and enhance these principles, for they have proven their value in helping us achieve success since the company’s inception in 1976 and will continue to do so for many years to come. For more than 34 years, SAS has given our customers THE POWER TO KNOW ®. www. sas. com | annual report | 2009 Jim Goodnight, CEO and founder of SAS. LeTTer FrOm The CeO Our optimism and determination in the face of an uncertain economy paid off last year, and we finished 2009 – our 34th consecutive year of growth – with global revenues of US$2. 31 billion, up 2. 2 percent over 2008 results. Our revenue from software sales alone jumped 3. 3 percent at a time when the software revenue of other major vendors has been declining. Customers are ncreasingly turning to SAS ® solutions to maximize effective customer relations, more effectively manage operations and engage in better risk management. Software revenue was strong in several areas, including customer intelligence, credit risk, supply chain and text analytics, attesting that companies striving to survive in a down economy, and succeed in times of recovery and growth, need such solutions to answer complex business problems, spur innovation and enable success. Growth rates of our industry-based software solutions were highest in financial services, government, health care, insurance and retail. Strong sales to financial services firms demonstrates the confidence these companies have in our ability to help them solve intricate business issues and navigate changes in customer needs, business models and regulatory oversight. The public sector showed growing interest in using data as a key strategic asset for combating fraud, halting declining tax revenues, managing service levels and achieving greater transparency. And retailers turned to our software solutions to improve margins and counter the effects of sluggish consumer spending by taking into account regional, local and even storelevel buying preferences of their customers. IDC, Worldwide Business Intelligence Tools 2008 Vendor Shares, Doc # 218598, June 2009, www. sas. com/news/analysts/idc-ww-bi-tools-2008. pdf 2 www. sas. com/news/analysts/chartis-risk-0609. pdf 3 www. sas. com/news/analysts/chartis-credit-risk-0709. pdf 4 www. sas. com/news/analysts/chartis-risk-1109. pdf 5 Gartner Research, â€Å"Magic Quadrant for Enterprise Marketing Management,† by Kimberly Collins and Adam Sarner, July 15, 2009. See the full report at www. gartner. com/technology/media-products/reprints/sas/vol6/article2/article2. tml 6 Gartner Research, â€Å"Magic Quadrant for Data Quality Tools,† by Ted Friedman and Andreas Bitterer, June 9, 2009. See the full report at www. gartner. com/technology/media-products/reprints/dataflux/167657. html SAS is well-positioned to continue helping our customers succeed. Our strong commitment to research and development – we reinvested 23 percent of revenue back into RD last year – resulted in another year of prodigious innovation. We released 21 new products or bundles last year, including SAS 9. 2 platform Phase 2, which included classic SAS products as well as 87 usiness intelligence and data integration solutions. The capabilities of SAS software were again validated in 2009 by leading analyst firms. In June, IDC called SAS the â€Å"overwhelming lead er† in advanced analytics,1 saying that enterprises choose SAS Analytics more often than the other 16 analytics suppliers combined. Chartis Research again named SAS as the leader in its Operational Risk Management Systems 2009 report in June. 2 SAS was also named as a leader in the firm’s July report, Credit Risk Management Systems 2009,3 and in November, SAS was ranked No. in the prestigious RiskTech100 rankings, an annual international listing of the top risk technology vendors. 4 Gartner positioned SAS in the Visionaries quadrant of the Magic Quadrant for Enterprise Marketing Management 5 and placed our DataFlux subsidiary in the Leaders quadrant of its Magic Quadrant for Data Quality Tools 6 in June. In September, the firm placed SAS in the Leaders quadrant of the Magic Quadrant for Operational Risk Management Software for Financial Services. 7 And in December, Gartner placed SAS and DataFlux in the Visionaries quadrant of the Magic Quadrant for Data Integration Too ls. www. sas. com | annual report | 2009 In November, Forrester Research gave SAS top rank for cost and profitability analysis and a top score in product strategy and vision. 9 And in December, Forrester ranked SAS Customer Intelligence No. 1 in optimization, analytics and reporting, and installed base. 10 SAS also had a strong showing in application usability, real-time analytics, budget management and forecasting, architecture and campaign design. Of the top 100 companies on the 2009 FORTUNE Global 500 ®, 92 are current SAS customers. And in the US, 80 percent of new commercial accounts were small and midsized businesses, showing that organizations with annual sales of less than $500 million also recognize the value of business analytics from SAS. In all, nearly 1,400 new customers around the world chose SAS. Customers new to SAS in 2009 included: Anglopharma, Bombay Stock Exchange, the Clorox Company of Canada Ltd. , Hong Kong Efficiency Unit, Fiat Automoveis, Lego Systems Inc. , Loyalty New Zealand, Niagara Health System, Dex One Corp. (formerly R. H. Donnelley), Telefonica, TV 2 AS (Norway), WestJet, Wet Seal Inc. , Wistron Corp. nd Vattenfall. Looking forward, we believe that 2010 will be another strong year for SAS. While economic recovery is under way in many parts of the world, it won’t be quick and it won’t be easy. Organizations will react by continuing to focus on improving customer-centricity, enhancing top-line revenue growth and optimizing their businesses in 2010. SAS is well-positioned to play a critical part in recovery efforts. By providing our customers with a business analytics framework that can grow over time, we empower them to meet both the demands of today’s economy and the opportunities of tomorrow with: ? Data management capabilities that improve the flow of and access to information throughout organizations. ? Greater insights into data for making quick, meaningful decisions. ? Risk analysis and optimization solutions to save money. ? Customer intelligence and marketing automation to drive sustainable revenue growth. ? Social network analysis to uncover fraud and terrorist threats as well as business opportunities. Finally, as a debt-free global company, SAS offers our customers another valuable commodity: stability. We attribute this to our 34-year focus on listening to our customers and meeting their needs with robust, reliable and relevant products and services. SAS is poised for growth again in 2010. The momentum is greater than it has ever been for this company, and the future looks promising indeed. Sincerely, James H. Goodnight, PhD, CEO 2009 | annual report | www. sas. com 7 Gartner Research, â€Å"Magic Quadrant for Operational Risk Management Software for Financial Services,† by Douglas McKibben and David Furlonger, August 28, 2009. See the full report at www. gartner. om/technology/media-products/reprints/sas/vol6/article3/article3. html 8 Gartner Research. â€Å"Magic Quadrant for Data Integration Tools† by Ted Friedman, Mark A. Beyer and Eric Thoo, November 25, 2009. See the full report at www. gartner. com/technology/media-products/reprints/sas/vol6/article5/article5. html 9 The Forrester Wave: Business Performance Solutions, Q4 2009 report, www. sas. com/news/analysts /forresterwave-bus-perf-q409. pdf 10 The Forrester Wave: Cross-Channel Campaign Management Platforms, Q4 2009 report, www. sas. com/news/analysts/forresterwave-cm-104330-1209. pdf TabiLiTy and GrOwTh – 34 years and COunTinG SAS achieved its 34th consecutive year of growth in 2009, with global revenue reaching US$2. 31 billion, up 2. 2 percent over 2008. SAS saw healthy sales growth in multiple industries. Sales to the retail industry increased by 12 percent, despite a very challenging environment for that sector. Sales to the health care industry were up by 8 percent. And sales to the oil and gas industry increased by more than 30 percent. Our growing network of alliance and channel partners played an integral role in 25 percent of new sales and half of the top 50 global deals. Specifically, there are strategic initiatives including partnerships with leading business consultancies and systems integrators, expansion of in-database activities across multiple partner platforms, and a continued focus on building third-party channels. Partnerships with global systems integrators such as Accenture, Capgemini, Deloitte and Wipro Technologies offer customers the specialized resources and expertise to deploy SAS Business Analytics throughout the enterprise. In addition, SAS continues to drive the momentum of in-database analytic innovation with technology partners such as Teradata and Netezza. Global Presence, Global success SAS’ revenue growth remained distributed around the globe. The Americas accounted for 44 percent of total revenue; Europe, Middle East and Africa (EMEA) contributed 45 percent; and 11 percent came from the Asia Pacific region. Of the 120 countries where SAS does business, 83 percent saw growth in software sales. Among mature markets, growth rates for software sales were highest in the US, the UK, Canada, Germany and the Netherlands. In developing markets, doubledigit percentage gains were achieved in most of Eastern Europe, the Middle East, South Africa and pockets of Asia and Latin America. Even in a challenging global economy, SAS did not waver in its commitment to our 11,000 employees and our core belief that happy, healthy employees are more productive. In 2009, SAS was again recognized as an employer of choice around the world. In the EMEA region, we received workplace awards for our offices in Germany, Sweden, Belgium, Norway, Portugal and Finland. In the Asia Pacific region, we received workplace awards in China, Australia and India. In the Americas, we were recognized in Canada and Mexico, and as this annual report was being roduced, we received notification that we ranked No. 1 on the FORTUNE 100 Best Companies to Work For list in the US – our 13th consecutive year on the list. www. sas. com | annual report | 2009 2009 reVenue revenue by region Americas 44% EMEA 45% Asia Pacific 11% Other 1% Health Care 2% Energies Utilities 3% Education 3% revenue by industry Financial Services 42% Retail 4% Life Sciences 6% Manufacturing 6% Communications 7% Services 1 1% revenue Growth 1976-2009 Government 15% 2009 | annual report | www. sas. com