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Date: 2024-11-23 Page is: DBtxt001.php txt00022357 |
ADMINISTRATIVE TOOLS
ADVISORY CLOUD Something about Advisory Cloud ... Terms of Service, etc. Original article: Burgess COMMENTARY Peter Burgess | ||
In the late 1960s I became a very young corporate accountant and subsidiary CFO actively helping to improve profit performance. I had a number of assignments over the years all associated with rapid design and implementation of profit improvement strategies. In 1978 I transitioned to doing similar work as an independent consultant, and found myself doing assignments for the World Bank, the United Nations and others concerned with international development, humanitarian relief and government financial management. I have been disappointed at the generally poor quality and effectiveness of policy formulation, decision making and management over the past 40 years ... technology is better, investment performance is better, but social performance is down and environmental issues largely unaddressed. The management metrics currently used everywhere in the socio-enviro-economic system are no longer fit-for-purpose and top management has excused itself from everything important except more profit and reward for executives and investors. Better coherent and comprehensive management metrics are urgently needed ... my work with development of TrueValueMetrics.org is a step in the right direction ... but only quite a small step.
Original article: https://www.advisorycloud.com/monthly-membership-terms AdvisoryCloud Terms of Service Last Modified: July 12th 2021 Welcome to AdvisoryCloud We provide a platform where professionals and companies connect and collaborate through Digital Advisory Boards being built and managed on AdvisoryCloud by corporate clients. For professionals, we offer membership options that allow you to join the advisory boards being built and managed on AdvisoryCloud, add board work to your resume, and experience the value and new opportunities that can come from participating on an advisory board. Membership options for advisors also include a digital advisor profile, a custom url on AdvisoryCloud.com, listing of your profile in our directory of available advisors, and tools to market yourself as an advisor and potentially receive inquiries for hourly and project-based opportunities at your determined hourly rate. For companies and teams within companies, we provide SaaS options that allow you to easily assemble, manage, and get insights from a diverse or targeted group of advisors through our Digital Advisory Boards. Digital Advisory Boards are composed of professionals from our network of advisors on AdvisoryCloud and allow you to post questions, updates, and engage in discussions with the members of your advisory board from a simple interface. Our goal is to make it possible for every professional to join an advisory board and simplify the process of building, managing, and using an advisory board for companies and teams through technology. Acceptance of Terms of Service These Terms of Service (these “Terms of Service”) are a legally binding contract between you and AdvisoryCloud Inc. (“AdvisoryCloud,” “we,” “us,” or “our”) and govern your access to and use of the website located at http://www.advisorycloud.com (the “Website”) and other services provided by AdvisoryCloud (collectively, the 'Services'). These terms provide important information, including our limitation of liability, your waiver of any right to participate in a class action, and your agreement to resolve any disputes between you and AdvisoryCloud by binding individual arbitration. By using the Services, you agree to be bound by these Terms. It is important that you read these Terms of Service carefully before using the Services. By accessing the Services and/or by clicking a box that states that you accept or agree to these Terms of Service, you signify your understanding of, and agreement with, these Terms of Service. If you do not agree to and accept these Terms of Service, you do not have permission to access the Services and you should stop using the Services immediately. Additional Policies When using particular services, such as specific sections of AdvisoryCloud Platform (as defined below), you are subject to any guidelines, rules and/or additional terms and conditions applicable to such services that may be posted on the Services from time to time. All such guidelines, rules, and/or additional terms and conditions are hereby incorporated by reference into these Terms of Service. To the extent of any inconsistency between any provision of these Terms of Service and any other guidelines, rules and/or additional terms and conditions posted on the Services from time to time, the provision(s) of these Terms of Service shall control. Changes to these Terms of Service We may revise and update these Terms of Service from time to time at our sole discretion. All changes are effective immediately when we post them, and apply to all access to and use of the Services thereafter. However, any changes to the Governing Law and Jurisdiction and Dispute Resolution sections below will not apply to any disputes for which the parties have actual notice on or before the date the change is posted through the Services. Your continued use of the Services following the posting of revised Terms of Service means that you accept and agree to the changes. You are expected to check this page from time to time so you are aware of any changes, as they are binding on you. Access to the Services If you wish to access and participate in AdvisoryCloud online platform (“AdvisoryCloud Platform”), you must become either a registered executive member (an “Advisor”) or registered company member (a “Company Member”). You must be at least 18 years old to use the Services. As a condition of your use of AdvisoryCloud Platform, you agree to provide true, accurate, current and complete information about yourself and to keep such information up to date and current at all times. If you are registering as a Company Member on behalf of a company, organization or other entity (a 'Business'), you represent and warrant that you are authorized to grant all permissions and licenses provided in these Terms of Service on behalf of such Business, to bind such Business to these Terms of Service, and that you agree to these Terms of Service on behalf of the Business. You are responsible for ensuring that all persons who access the Services through your internet connection are aware of and comply fully with these Terms of Service. We reserve the right to add other services, activities and features to the Services from time to time which are only available to members. Advisor Membership and Fees With respect to all Advisors: Upon completion of the registration process, each Advisor accepts membership in AdvisoryCloud Platform. For access to AdvisoryCloud Platform as an Advisor, you agree to pay a non-refundable membership fee (including applicable taxes), which will be billed on regular basis at the current membership rate (the “Advisor Membership Fee”), until such time as you cancel your membership. The Advisor Membership Fee is separate from, and additional to, your initial set-up fee, if applicable, both of which are non-refundable. The date on which your membership renews is referred to as your 'Membership Renewal Date'. You can obtain a copy of your invoice for the Advisor Membership Fee by contacting us by e-mail at CustomerService@AdvisoryCloud.com. By registering as an Advisor, you agree that we may start your subscription immediately upon our acceptance of your registration. If you have a free-trial membership, you can cancel at anytime during your free-trial period by visiting https://advisorycloud.com/deactivate or by e-mailing customerservice@advisorycloud.com. If you do not request to cancel during your free-trial period, you agree that we may start your subscription immediately upon the end of your free-trial period. Once your subscription has started, you can cancel your membership at any time by visiting https://advisorycloud.com/deactivate or by e-mailing customerservice@advisorycloud.com at least fifteen (15) calendar days prior to the next Membership Renewal Date. Please note, this 15 day notice requirement does not apply during your free-trial period. Joining Digital Advisory Boards Barring any conflicts of interest identified by AdvisoryCloud or the company owner of the advisory board, Advisors are guaranteed the ability to join and participate on a number of non-compensated advisory boards that are being built and managed on AdvisoryCloud’s platform at any given time in their membership. The number of advisory boards you can join is defined by your current membership level. You understand that companies operating their advisory board on AdvisoryCloud’s platform have the right to close their advisory board at any time, at which point you will have the opportunity to join another advisory board available on our platform in line with this guarantee. Accepting Advisory Engagements AdvisoryCloud Platform allows Advisors to accept engagements for meetings or projects at a rate set by the Advisor from time to time. Advisors also have the ability to accept engagements on an annual basis or other custom arrangements. For Advisors that complete any per meeting engagements, AdvisoryCloud will remit payment to the Advisor within thirty (30) days of the completed meeting date. In order to receive payment, the Advisor must have provided AdvisoryCloud with a current W-9. 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Late payments may be subject to late fees established by AdvisoryCloud from time to time. Hiring Advisors In addition to engaging advisors for meetings or projects, AdvisoryCloud Platform allows you to hire Advisors for any non per meeting engagement (a “Custom Advisor Agreement”). Compensation for Custom Advisor Agreements are determined by you and the Advisor. For a period of twelve (12) months after you identify an advisor through AdvisoryCloud Platform, regardless of whether the Custom Advisor Agreement is finalized through AdvisoryCloud Platform, you agree to pay to AdvisoryCloud an administrative fee at the then-current rates, either in a single payment or over a selected payment schedule, at the time the Custom Advisor Agreement is finalized. Late payments may be subject to late fees established by AdvisoryCloud from time to time. 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I have been 39 for 43 years. Was at the cutting edge of technology when vacuum tubes powered computers. Trained at Cambridge in engineering and economics and also qualified in London as a Chartered Accountant. Became a very a young CFO in the USA in the 1960s and 1970s. Then did consulting work with the World Bank, the UN and others which was challenging because my ideas about management was a lot more demanding than anything practiced in these organizations. Fast forward, I see a massive disconnect between what is possible and what is being achieved. Companies with pricing power are hugely profitable, and every other economic actor is struggling. In society, a few people have increased their wealth magnificently over the past 40, years while most people have experienced generational wealth decline and the environment is a catastrophe waiting to happen. This is insane ... and business must do better in every one of these areas !!!!!!!!!! Strategic thinking, Global perspective, Management metrics: Social Impact; Environmental Impact; Economic impact (external), Economic impact (profit / ROI) BIOGRAPHY Monday version ....... Graduated from Cambridge University in 1961. Studied engineering and economics Trained with Cooper Brothers in London and qualified as a Chartered Accountant in 1965 (ACA) and 1975 (FCA) Some professional accountancy experience in the UK and Canada Young management accountant in the USA starting in 1966. Rapidly become a subsidiary company CFO and then specialized in turnaround management in various corporate roles ... Chief Accountant, CFO, Budget Manager, VP Manufacturing. Became involved in international business as a US based CFO with operations in 26 jurisdictions around the world. After setting up as an independent consultant, did work through the World Bank, the United Nations and others on economic development at both sector and national levels. Did assignments in more than 50 countries over a period of more than 25 years. My reputation was mixed. I have a very low tolerance for corruption and financial mismanagement. I try to have an appropriate level of respect for those that try without having the background and especially resources to be successful without help. I am appalled at the lack of progress in the development of effective management metrics that comprise metrics for social impact, environmental impact and economic impact that are coherent and comprehensive and embrace ALL of the elements of the socio-enviro-economic system. Something like this is possible ... but many of the most powerful actors do not want this because it would end their ability to dominate as they have for the past several ... like four ... decades. BIOGRAPHY Tuesday version ....... Graduated from Cambridge University in 1961. Studied engineering (Mechanical Sciences) and economics. Did management training in heavy engineering company Davy-United in Sheffield. Went through 'Articles' with Cooper Brothers & Co (a founding firm for PwC) in London. Qualified as a Chartered Accountant (ICAEW) in 1965 (ACA) and 1975 (FCA). Joined the consulting firm H.A.Simons in Vancouver, British Columbia, Canada in 1966. Worked on major pulp and paper mill construction projects in Texas USA as 'field accountant'. Was recruited as Assistance Treasurer for Aerosol Techniques Inc (ATI) in Milford, Connecticut USA. As controller of the Eastern Division of ATI managed the start-up implementation of a mainframe IBM 1401 computer. Was assigned as VP finance for new subsidiary that needed substantial strategic reorganization. Was recruited as Budget Manager for Gulton Industries, a technology leader in the 1960s that had over-extended itself with over 30 recently acquired subsidiaries. An immediate crisis was avoided, but at a huge cost. I was appointed VP Finance for Southern States Inc, a major Gulton subsidiary to assist with a strategic reorganization where I also added the role of VP Manufacturing. I was recruited to be VP Finance for Continental Seafoods Inc (CSF) in 1974 which was in crisis after the OPEC oil shock. The company had operations around the world in 26 different jurisdictions and was weeks away from insolvency. We survived in large part because we had a particularly good management team with a variety of skills. I was good at strategic analysis, others were very good at implementation which is how success is achieved. After CSF in 1979 I started doing independent consulting work, mainly overseas outside the USA. Much of my work was through the World Bank, the United Nations and other official development agencies and humanitarian organizations. As a 'management' expert, I was shocked at the levels of failure that was the norm and the general weakness of everything to do with performance analysis and accountability. That did not make me popular. Over a period of about 20 years I did assignments in some 50 countries around the world. Many of these countries have experienced catastrophic economic decline mainly driven by massive corruption and supply of arms from third countries. This is an ongoing problem that needs to addressed.
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