“SYNOVUS EXECUTIVE PAY PHILOSOPHY (Columbus Ledger-Enquirer)” plus 2 more |
- SYNOVUS EXECUTIVE PAY PHILOSOPHY (Columbus Ledger-Enquirer)
- Philosophy of science: Must do better (Guardian Unlimited)
- New philosophy to make up for the syntax of the past (Brisbane Times)
| SYNOVUS EXECUTIVE PAY PHILOSOPHY (Columbus Ledger-Enquirer) Posted: 20 Mar 2010 07:59 PM PDT — There have been no base salary increases for top executives in more than two years. — For the third year in a row, the company paid no bonuses to top executive officers. — No long-term incentive awards (equity awards) were granted to executives in 2009. — Because the firm's long-term incentive program is connected entirely in equity, it has reflected the decline in Synovus' stock price. Outstanding stock options are "underwater," meaning the exercise price exceeds the value of the shares. That will continue until stock prices return to former levels. — Unvested restricted stock has declined in value along with the declines in the stock price. — Because of stock ownership guidelines and "hold until retirement" requirements, executives hold a significant amount of Synovus stock, which has declined in value the same as all other shareholders' stock. — Synovus says its executive pay philosophy and practices focus on alignment of pay with the interests of shareholders; accomplishment of corporate strategies and goals; competitive market practices to support motivation, attraction and retention of executive talent. Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| Philosophy of science: Must do better (Guardian Unlimited) Posted: 18 Mar 2010 07:58 PM PDT The openess and rigour of the scientific process are vital when the results affect us all. Photograph: Ron Watts/Corbis I strive to retain respect for philosophy and philosophers, really I do. Some of my best friends are philosophers. I would hate to dismiss a whole area of intellectual endeavour as a sterile playground for clever people creating and demolishing pointless academic fashions. But you can tell I am struggling hard right now, and it is all Nicholas Maxwell's fault. His entry into the heated debate on climate science rained blow after blow on my patience. I will resist, and will not damn all philosophy. But I do want to respond to his piece, since the debate he stumbled into is real and important. On communication: There is clearly a problem with the public perception of science. The criticism that Maxwell makes about too much "specialised gobbledygook" may be hilarious, coming from a philospher, but it is a fair criticism in some contexts. Science really can be complex and difficult (sorry Nicholas). Jargon is a short-hand to improve communication between experts which quickly becomes an obstacle if used outside a sub-field. More misleadingly, Maxwell accuses scientists of dishonestly claiming that science is a search for truth. He starts by misrepresenting physics:
As far as I can tell his claim is that in trying to find simple theories covering the maximum amount of data, we somehow assume that such theories exist, and discard "more successful" disunified theories. In his philosophical way I think he is saying that if you have 100 data points and draw a line through them freehand, you can go through all the points. Which is true, but a worthless observation since playing join-the-dots with data doesn't tell you anything. You only gain understanding when you find a line that can explain and predict where the dots should be. Maxwell then leaps onward to damn all science according to his inaccurate characterisation of physics. His false impression of physics might be forgiven on the basis that perhaps he read one too many pop science books about "theories of everything". But to stretch this to cover chemistry, biology and climate science is ridiculous. While there are underlying models in many areas of these sciences, they are hugely empirical. The complex systems they deal with are in many cases impossible to predict from first principles. The models used often rely on "rules of thumb" drawn from observation of the whole system, as well as basic physical laws. Science is a form of systematised pragmatism: it finds out what works, and in the process we increase our understanding of the universe in which we live. I have no objection to philosophers watching, and trying to understand and improve the processes. It might even work. But they really ought to (and often do) have an understanding of what they are watching. Science often falls short of its ideals, and the climate debate has exposed some shortcomings. Science is done by people, who need grants, who have professional rivalries, limited time, and passionately held beliefs. All these things can prevent us from finding out what works. This is why the empiricism and pragmatism of science are vital, and why when scientific results affect us all, and speak against powerful political and financial interests, the openness and rigour of the process become ever more important. This is worth discussing, and I sincerely hope philosophers of science can do better than Maxwell in contributing to a debate of huge significance for the future of our species. Jon Butterworth is a member of the High Energy Physics Group at University College London Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| New philosophy to make up for the syntax of the past (Brisbane Times) Posted: 20 Mar 2010 09:10 AM PDT COMMENT THE problem is huge: low levels of literacy among up to half of Australians. The solution: a new national school curriculum, literacy for the 21st century and, gasp, grammar. Some say dropping grammar in the 1970s began the slide to today's textese - ''yng peeps cant rite proply''. But many older Australians live with literacy levels lower than young people. The issue is the needs of people and the economy are changing and so is the curriculum. Is boring old grammar the answer? Well, not really. It's a modern approach to grammar that's being introduced. And the ambitions are broad: lift children who slip through cracks in the education system to a level of reading and writing that reflects Australia's wealth. Almost half of adult Australians have literacy skills lower than those needed to meet the demands of everyday life and work in a knowledge-based economy, Bureau of Statistics figures show. Scarily, nearly two-thirds of those whose first language is not English scored below the minimum. Even so, compared with other countries, Australia rates well on high-school students' scores in reading, maths and science tests. The problem is that achievement differs across the country - and between the disadvantaged and the better off. Last year's national tests reveal nearly one in three year 9 students in the Northern Territory is below the minimum standard in reading, writing, spelling and grammar and punctuation - they do not have rudimentary literacy skills. In NSW, about one in 10 students is at this low level. The draft national curriculum puts grammar, spelling and punctuation at the centre of English teaching and learning. But why now? Grammar was cut in the '70s because of a view it didn't help students' writing, said Dr Sally Humphrey from the University of Sydney's linguistics department. ''It was like, 'We're just going to give you building blocks; we're not going to show you how it works in text.''' The grammar starring in the new curriculum ''isn't a set of rules for 'correct' use'', she said, but ''a set of resources or a tool kit'' to be used according to the situation - whether it's texting, giving a presentation in class or writing a history essay. ''Each of those three situations would require different resources, different patternings of grammar, to do the job properly in that particular context,'' Dr Humphrey said. ''We want to give kids the grammatical resources for being able to do lots of different things.'' Reintroducing grammar was also part of an effort to strengthen the literacy of children from multilingual and disadvantaged backgrounds, said the lead adviser to the new English curriculum, Professor Peter Freebody from the University of Sydney. ''Our teachers and our systems are geared to doing well for the mainstream,'' he said. Imagine that school results, including literacy, are shaped like a tadpole. The fat body, representing the bulk of students, does well or quite well. But there's a long tail of people left behind. Professor Freebody said students didn't learn to read by year 3 and then just build content knowledge. Different kinds of texts demanded different understandings, he said, ''and those things don't come free with the territory just because you're good at reading and writing when you're in year 3''. While grammar's return may sound like going back to the '50s, the modern educator's knowledge of grammar, and its use for teaching ''reading and writing and enriching kids' understanding of content areas, that's not going backwards'', Professor Freebody said. The new curriculum was arranged into three strands - language, literacy and literature - with grammar an ''integral component'' of each strand. It's about ''letting kids in on the 'secret' of how good writers and good text producers do their work through the resources of language, through the resources of grammar - 'hey, this is how it's done!','' Dr Humphrey said. ''And that's an equity issue … Kids who haven't got access to middle-class homes and middle-class ways of using language that are valued in the schools, they do need [the workings of language] made explicit.'' The Australian Industry Group has highlighted the negative effect of low literacy and numeracy on productivity, safety and training. Group chief executive Heather Ridout said the new curriculum was ''a long overdue step, so we're strongly supportive of it''. Ms Ridout stressed the need for more specialist expertise in language across the board. ''We don't just not have it in schools; we don't have it in TAFE, in the VET sector, and we don't have it in the workforce.'' The draft curriculum is open for comment until May 23. You can find it at www.australiancurriculum.edu.au. Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
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