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December 6, 2012
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News for the outdoor power equipment industry |  Click here for GIE+EXPO information

  Top Story 
Vanguard Power Code Helps In-field Operators
Vanguard Power Code, a square barcode located on Vanguard single-cylinder and V-twin engines, directs equipment operators to an array of important information for that specific engine model after being scanned with a smart phone’s barcode reader.
  Industry Buzz 
  • Water-efficient landscapes take root in U.S. embassies
    Drought-tolerant landscapes and water-efficient irrigation systems are being included in the building plans of U.S. embassies as part of "ecodiplomacy" initiated by the State Department. The move calls for net-zero water use at embassy compounds, which could be achieved by reducing lawn areas and replacing them with indigenous plants. Including rainwater collection systems and marshes or constructed wetlands will also be considered. The New York Times (tiered subscription model)/Green blog (12/5) LinkedInFacebookTwitterEmail this Story
  • Other News
  Economic Indicators 
  • Analysis: Deficit is much bigger than U.S. admits
    The government's shortcomings in how it accounts for loan guarantees and direct loans understate by trillions of dollars the true cost to taxpayers, according to the Financial Economists Roundtable. The U.S. budget deficit would be bigger than officially reported if the government properly accounted for $5 trillion of mortgages guaranteed by Fannie Mae and Freddie Mac and $2.5 trillion of credit programs, including student loans, the economists said. Knowledge@Wharton (12/5) LinkedInFacebookTwitterEmail this Story
  • Survey: Hiring in November fell short of previous month
    Private employers in the U.S. hired 118,000 workers last month, far short of the 157,000 increase in October, according to a survey by the ADP Research Institute. The disruption caused by Superstorm Sandy was responsible for 86,000 fewer hires, the report said. Bloomberg (12/5) LinkedInFacebookTwitterEmail this Story
  Inside & Out 
  • The importance of business-model innovation
    Modern companies need to use organizational structures that allow them to execute their strategies while searching for new business models, Steve Blank writes. "Companies will have to maintain a portfolio of new business model initiatives -- not unlike a venture capital firm -- and will have to accept that maybe only one out of 10 initiatives might succeed," he writes. VentureBeat (12/3) LinkedInFacebookTwitterEmail this Story
  • Using dashboards to monitor key metrics
    A business dashboard can help you to monitor your company's performance in a variety of areas, but first you have to decide which metrics are really important, John Jantsch writes. "The trick is to move beyond the obvious things like revenue creation and unearth the real drivers of revenue creation," he writes. For example, you might want to keep tabs on average order size or repeat order frequency, he writes. Duct Tape Marketing (12/3) LinkedInFacebookTwitterEmail this Story
  Policy Update 
  • Geithner is "absolutely" prepared to go over "fiscal cliff"
    Source: CNBC
    If Republicans won't go along with higher tax rates for America's wealthiest 2%, the Obama administration is ready to let the "fiscal cliff" automatically take effect at year-end, Treasury Secretary Timothy Geithner said. "There's very broad support out there for not just extending these tax cuts for 98% of Americans, but for an agreement that has rates going up with tax reforms that limit deductions alongside a set of substantial long-term savings on the spending side," he said. CNBC (12/5) LinkedInFacebookTwitterEmail this Story

  • Pawlenty puts voice to GOP's "fiscal cliff" frustration
    "You can't corner people so totally and so badly that they have no way out," said Tim Pawlenty, president and CEO of Financial Services Roundtable, speaking of the "fiscal cliff" negotiations. The dealing continues as President Barack Obama insists on tax increases and House Speaker John Boehner, R-Ohio, decides whether to break with his party or dig in his heels. Bloomberg Businessweek (12/5) LinkedInFacebookTwitterEmail this Story
  OPEI News 
  • Outdoor Power Report: A quarterly update for OPEI members
    OPEI's quarterly summary of issues and activities is now available. Read the report. LinkedInFacebookTwitterEmail this Story
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