- United Airlines presented at the Bear Stearns Global Transportation Conference on May 9, 2007.
- United discussed its performance agenda to drive margin leadership through a customer-focused strategy, optimizing revenue and controlling costs, revitalizing its workforce, and continuous improvement.
- Metrics showed United had competitive unit revenue and costs compared to peers when adjusting for United-specific accounting items, and its strategy positioned United to continue improving performance and benefiting customers, employees, and investors.
Tips and Pointers for Conducting Process Improvement Projects in Payroll S...Tom Sonde
Tips & Pointers for Conducting Process Improvement Projects, Tom Sonde, Silver Road Solutions -
BPM, TQM, EPM, process mapping, continuous improvement, modeling, change management, and lean are just some of the buzz words currently in vogue.
Rather than define buzz words this session is designed to provide practical every day tips for successfully implementing process improvement initiatives in your organization.
The skills needed to be a good practitioner are not necessarily the same skills required to be successful in performing process improvement work. While some easily transition into process improvement project leaders other find it more difficult. This session will provide helpful tips for both you and your staff.
HR Best Practices for Conducting Process Improvement ProjectsTom Sonde
BPM, TQM, EPM, process mapping, continuous improvement, modeling, change management, and lean are just some of the buzz words currently in vogue.
Rather than define buzz words this session is designed to provide practical every day tips for successfully implementing process improvement initiatives in your organization.
The skills needed to be a good practitioner are not necessarily the same skills required to be successful in performing process improvement work. While some easily transition into process improvement project leaders other find it more difficult. This session will provide helpful tips for both you and your staff.
Learning Objectives
1. What are the key attributes of successful projects?
2. How do you approach a process improvement project?
3. How do you marry best practices, process and technology?
Tips and Pointers for Conducting Process Improvement Projects in HRTom Sonde
BPM, Six Sigma, TQM, EPM, process mapping, continuous improvement, modeling, change management, and lean are just some of the buzz words currently in vogue.
Rather then define buzz words this session is designed to provide practical every day tips for successfully implementing process improvement initiatives in your organization.
The skills needed to be a good HR practitioner are not necessarily the same skills required to be successful in performing process improvement work. While some easily transition into process improvement project leaders other find it more difficult. This session will provide helpful tips for both you and your staff.
Utilize Process Improvement Methodologies to Improve Finance and Accounting ...TSONDE
BPM, Six Sigma, TQM, EPM, process mapping, continuous improvement, modeling, change management, and lean are just some of the buzz words currently in vogue.
Rather then define buzz words this session is designed to provide practical every day tips for successfully implementing process improvement initiatives in your organization.
The skills needed to be a good HR practitioner are not necessarily the same skills required to be successful in performing process improvement work. While some easily transition into process improvement project leaders other find it more difficult. This session will provide helpful tips for both you and your staff.
Tips and Pointers for Conducting Process Improvement Projects in Payroll S...Tom Sonde
Tips & Pointers for Conducting Process Improvement Projects, Tom Sonde, Silver Road Solutions -
BPM, TQM, EPM, process mapping, continuous improvement, modeling, change management, and lean are just some of the buzz words currently in vogue.
Rather than define buzz words this session is designed to provide practical every day tips for successfully implementing process improvement initiatives in your organization.
The skills needed to be a good practitioner are not necessarily the same skills required to be successful in performing process improvement work. While some easily transition into process improvement project leaders other find it more difficult. This session will provide helpful tips for both you and your staff.
HR Best Practices for Conducting Process Improvement ProjectsTom Sonde
BPM, TQM, EPM, process mapping, continuous improvement, modeling, change management, and lean are just some of the buzz words currently in vogue.
Rather than define buzz words this session is designed to provide practical every day tips for successfully implementing process improvement initiatives in your organization.
The skills needed to be a good practitioner are not necessarily the same skills required to be successful in performing process improvement work. While some easily transition into process improvement project leaders other find it more difficult. This session will provide helpful tips for both you and your staff.
Learning Objectives
1. What are the key attributes of successful projects?
2. How do you approach a process improvement project?
3. How do you marry best practices, process and technology?
Tips and Pointers for Conducting Process Improvement Projects in HRTom Sonde
BPM, Six Sigma, TQM, EPM, process mapping, continuous improvement, modeling, change management, and lean are just some of the buzz words currently in vogue.
Rather then define buzz words this session is designed to provide practical every day tips for successfully implementing process improvement initiatives in your organization.
The skills needed to be a good HR practitioner are not necessarily the same skills required to be successful in performing process improvement work. While some easily transition into process improvement project leaders other find it more difficult. This session will provide helpful tips for both you and your staff.
Utilize Process Improvement Methodologies to Improve Finance and Accounting ...TSONDE
BPM, Six Sigma, TQM, EPM, process mapping, continuous improvement, modeling, change management, and lean are just some of the buzz words currently in vogue.
Rather then define buzz words this session is designed to provide practical every day tips for successfully implementing process improvement initiatives in your organization.
The skills needed to be a good HR practitioner are not necessarily the same skills required to be successful in performing process improvement work. While some easily transition into process improvement project leaders other find it more difficult. This session will provide helpful tips for both you and your staff.
Sarah Fiebiger presented at the Aclara conference in April 2012 on smart meter success stories using examples of utilities including NV Energy, Austin Energy, SMUD and more.
For more information: http://www.esource.com/ces
More about Sarah: http://www.esource.com/staff_bio/sarah_fiebiger
The current economic turmoil has hit harder and is biting deeper than any downturn in recent memory. The pressure to reduce costs quickly is inexorable in many sectors.
Towers Perrin\'s Human Capital Group has developed a thorough process to identify, prioritise and implement cost cutting measures in compensation, benefits, and the HR function itself. Our approach is to partner with clients, and can include working on the basis of mutually agreed success fees rather than the traditional time and expenses method.
This offering is proving very popular, and I thought you would be interested in knowing more about it.
Sarah Fiebiger presented at the Aclara conference in April 2012 on smart meter success stories using examples of utilities including NV Energy, Austin Energy, SMUD and more.
For more information: http://www.esource.com/ces
More about Sarah: http://www.esource.com/staff_bio/sarah_fiebiger
The current economic turmoil has hit harder and is biting deeper than any downturn in recent memory. The pressure to reduce costs quickly is inexorable in many sectors.
Towers Perrin\'s Human Capital Group has developed a thorough process to identify, prioritise and implement cost cutting measures in compensation, benefits, and the HR function itself. Our approach is to partner with clients, and can include working on the basis of mutually agreed success fees rather than the traditional time and expenses method.
This offering is proving very popular, and I thought you would be interested in knowing more about it.
CASRO Client Conference - The Practical Application of a CUSTOMER EXPERIENCE Program
Contact me to explore design, development & implementation of similar program for your Firm or Clients.
Presentation To Association Of Strategic Alliance Professionals Feb 12 2009Mike Bowes
Presentation made to 2009 ASAP Global Alliance Summit in Fort Lauderdale. Describes a joint venture of 5 metalworking competitors to seek new markets and business. Explores elements of innovation in business model in manufacturing. For PPT contact directly.
2011 pmo symposium Bridging the Agile-to-PMO Communication GapBrent Barton
Traditional EVM makes no sense in software (and is potentially harmful) because claiming value earned based on intermediate work products--without an assertion of quality--does not provide reasonable forecasts. Agile provides an assertable and inspectable quality. Also, by ordering in terms of highest Business Value and risk considerations along with potentially shippable increments, I believe starts to include notions of value. Still, AgileEVM measures performance against plans (that can be re-baselined every iteration if needed). AgileEVM integrates cost management. Doing it well means not giving up what Agile offers: adaptive planning, quality.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the what'sapp contact of my personal pi merchant to trade with
+12349014282
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the what'sapp contact of my personal pi vendor
+12349014282
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the what'sapp contact of my personal pi merchant to trade with.
+12349014282
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the what'sapp number of my personal pi merchant who i trade pi with.
Message: +12349014282 VIA Whatsapp.
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just what'sapp this number below. I sold about 3000 pi coins to him and he paid me immediately.
+12349014282
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the what'sapp number.
+12349014282
1. Elemental Economics - Introduction to mining.pdfNeal Brewster
After this first you should: Understand the nature of mining; have an awareness of the industry’s boundaries, corporate structure and size; appreciation the complex motivations and objectives of the industries’ various participants; know how mineral reserves are defined and estimated, and how they evolve over time.
5 Tips for Creating Standard Financial ReportsEasyReports
Well-crafted financial reports serve as vital tools for decision-making and transparency within an organization. By following the undermentioned tips, you can create standardized financial reports that effectively communicate your company's financial health and performance to stakeholders.
2. Elemental Economics - Mineral demand.pdfNeal Brewster
After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
Bear, Stearns Global Transportation Conference Presentation
1. Bear Stearns
Global Transportation Conference
Kathryn Mikells
Kathryn Mikells
Vice President – Financial Planning & Analysis
Vice President – Financial Planning & Analysis
United Airlines
United Airlines
May 9, 2007
May 9, 2007
2. Safe Harbor Statement And
Non-GAAP Reconciliation
The information included in this presentation contains certain statements
that are “Forward-Looking Statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. These statements are subject to
a number of assumptions, risks and uncertainties related to the Company’s
operations and the business environment in which it operates. Actual results
may differ materially from any future results expressed or implied in such
Forward-Looking Statements due to numerous factors, many of which are
beyond the Company’s control, including factors set forth in the Company’s
Form 10-K for 2006 and other subsequent Company reports filed with the
United States Securities and Exchange Commission. Persons reviewing this
presentation are cautioned that the Forward-Looking Statements speak only
as of the date made and are not guarantees of future performance. The
Company undertakes no obligation to update any Forward-Looking
Statements.
Information regarding reconciliation of certain non-GAAP financial measures
contained in this presentation is available on the Company's web site at
www.united.com/ir
3. Our Performance Agenda
• Our customer-driven strategy will drive margin
leadership
• We are optimizing revenue and successfully
controlling costs
• Revitalizing the workforce
• Continuous improvement is increasing efficiency
and enhancing the customer experience
Customers, employees and investors will benefit
as we execute against our performance agenda
4. Our Progress Is Reflected In Unit Earnings
Mainline Unit Earnings excluding Fuel Costs
(RASM minus CASM ex Fuel)
Twelve Months Ended 3/31/2007
3.96
4.03 3.94 3.82
3.31
3.61
¢/ASM
AMR UAUA LCC CAL LUV
TME 1Q07 B/(W)
25% 23% 27% 16% 25%
than TME 1Q06
United Adjusted
United Unadjusted
Sources: Company press releases. All results also exclude special items and regional affiliates. UAUA adjusted results also exclude severance expense and non-cash
fresh-start and exit-related impacts
5. Continuous Improvement Will Allow Us To Enhance
The Customer Experience While Controlling Costs
And Maintaining The Highest Safety Levels
Safety
Continuous
Improvement Operational
Customer
Efficiency
Experience
• Manpower efficiency
• Improved reliability
(Standard work)
• Consistent delivery
• Vendor partnership
for customer
• Increased asset utilization
• Reduce overall costs
6. We Are Developing And Implementing
New Cost-Effective Initiatives To Drive
Premium Traffic
Airport
Check-in Security lines Boarding
Pre and
Post Flight
Upgrades and fees
Contact center Trip protection
We are rolling out key initiatives over the course of 2007
7. Engaging, Enabling And Aligning Employees
Tools And Equipment
Training
• Business Education • Refreshed airport IT
equipment
• Customer Service
– Ticket printers
• Leadership/Performance – Bag scanners
Management
Shared Success
• Success Sharing
– rewards performance against reliability,
customer and financial goals
• Profit Sharing
– 15% of adjusted pre-tax earnings
Profit sharing pays out when annual adjusted pre-tax earnings exceed a threshold of $10 million
8. Our Strategy Will Continue To Improve
Unit Revenue
Mainline RASM
Twelve Months Ended 3/31/2007
11.65 11.56
11.37 11.28
9.83
11.23
¢/ASM
AMR LCC UAUA CAL LUV
TME 1Q07 B/(W) 8.3% 9.9% 6.7% 6.8% 7.7%
than TME 1Q06
United Adjusted
United Unadjusted
Sources: Company press releases. All results exclude regional affiliates. UAUA results exclude UAFC . UAUA adjusted results exclude non-cash fresh start
revenue impacts
9. Fresh Start Items Like Deferred Revenue Accounting
Have A Significant Non-Cash Impact
• Similar to Air Canada’s Aéroplan, United adopted conservative accounting
1Q 2007 Deferred
Revenue B/(W)
Before After Effect on Revenue
Than 1Q 2007
Incremental Cost
Portion of ticket
Ticket Total amount revenue
Revenue recognized deferred until • Lowers current
Recognition when flown mileage recognition
redemption
• Increased
$(107) million
Sale of Miles Straight-line Seasonality
When miles
(Pax Revenue over three
redeemed
Recognition) years
Mileage ~$170 million one-time
36 months 18 months
Expiration benefit in 2007
Increases Revenue Volatility with Ongoing
Competitive Comparison Disadvantages
10. Mitigating Inflation By Realizing $400
Million Of Cost Savings Through 2007
Reducing purchased Increasing operational
service costs efficiencies
• New flight planning system
• Facilities rent • New flight planning system
• Facilities rent
• Vendor contract management • Block time reduction
• Vendor contract management • Block time reduction
• Ground handling
• Ground handling • Standard work implementation
• Standard work implementation
• Telecom contracts
• Telecom contracts
• Outside legal services
• Outside legal services
Eliminating General and
Trimming advertising and
Administrative expense
marketing expenses
• Annualization of benefit from
• Full effect of reduced brand • Annualization of benefit from
• Full effect of reduced brand
1,000+ headcount reduction
advertising media buys, agency 1,000+ headcount reduction
advertising media buys, agency
and production
and production • Centralized crew desks
• Centralized crew desks
• Welfare program compliance
• Welfare program compliance
• Centralized absence management
• Centralized absence management
$135M of the $400M Goal Accomplished in 2006
11. CASM Is Competitive
Mainline Cost per Available Seat Mile (CASM) Excluding Fuel
Twelve Months Ended 3/31/2007
7.62 7.62 7.62
7.47
6.52
7.41
¢/ASM
LUV UAUA CAL AMR LCC
TME 1Q07 B/(W)
(0.7)% 0.5% (2.5)% (1.2)% (2.8)%
than TME 1Q06
United Adjusted
United Unadjusted
Sources: Company press releases. All results also exclude regional affiliates and special items; UAUA results also excludes UAFC. UAUA adjusted results exclude
non-cash fresh-start and exit-related impacts and severance expense.
12. United’s EBITDAR Margin
Appears Lower Than Our Peers
EBITDAR Margin (%)
Twelve Months Ended 3/31/2007
15.8
15.8
12.7
12.7
9.5
9.5
CAL AMR UAUA
CAL AMR UAUA
Sources: Company press releases. All results exclude special items. UAUA results also exclude severance expense.
13. Adjusting For Fresh Start And Regional Aircraft
Accounting Reveals A Competitive EBITDAR Margin
EBITDAR Margin (%)
Twelve Months Ended 3/31/2007
16.3
16.3
13.2
13.2 13.1
13.1
2.0
2.0
United Adjusted for Regional Aircraft
United Adjusted for Fresh Start and
Exit-Related Charges
11.2
CAL UAUA AMR
CAL UAUA AMR
• United does not own any regional aircraft
• United regional aircraft rental expense, which is expensed through
the Regional Affiliate line, should be added back to EBITDAR
Sources: Company press releases. All results exclude special items and FAS 123R expense. UAUA results also exclude severance expense, non-cash fresh-start and
exit-related impacts and aircraft rent expense paid to regional affiliates.
14. Free Cash Flow Metrics Are Not Obscured By
Exit Accounting And Are Comparable To Peers
Twelve Months Ended 3/31/2007
Free Cash Flow/Consolidated ASMs
Free Cash Flow/Total Revenue
$/1,000 ASMs
7.2%
7.2% $8.78
$8.78
$7.74
$7.74
6.4%
6.4%
$4.61
$4.61
3.9%
3.9%
UAUA AMR CAL UAUA AMR CAL
UAUA AMR CAL UAUA AMR CAL
Sources: Company press releases. FCF or Free Cash Flow defined as cash flows from operations less capital expenditures. UAUA revenue includes fresh start
revenue adjustment
15. At The Same Time We Have Significantly
Lower Fixed Obligations
• Limited non-aircraft capex of $550 million in 2007 focused on
customer and core airline needs
• United has been capitalizing on opportunities for
balance sheet improvement
– Limited debt maturities
– No material defined benefit pension funding
– No aircraft capex
• Using excess cash to pay down debt
– Reduced size of exit facility by $1 billion in February
– Simultaneously freed up significant collateral
• No current plans to raise capital
16. Our Performance Agenda
• Our customer-driven strategy will drive margin
leadership
• We are optimizing revenue and successfully
controlling costs
• Revitalizing the workforce
• Continuous improvement is increasing efficiency
and enhancing the customer experience
Customers, employees and investors will benefit
as we execute against our performance agenda
21. Non-GAAP To GAAP Reconciliations
• The Company believes that the reported non-
GAAP financial results provide management and
investors a better perspective of the Company’s
core business and on-going financial performance
and trends by excluding special items, severance,
fresh-start items and fuel for comparative
purposes.