Good Management is Not Firefighting by Joel Quass joins the 100 Trees Project!

We're happy to update you that Good Management is Not Firefighting by Joel Quass, a great management book teaching you how to successfully manage using what you already know, has joined the "100 Trees Project"!

This joint program was launched by Infinity Publishing, a leading self-publishing company together with Eco-Libris to promote environmental sustainability among its authors. Through the program, authors that publish with Infinity are able to plant 100 trees for the title they publish. These authors also have the option to add a special "100 trees planted for this book" logo to their book's design, as a way to showcase their commitment to environmental sustainability.

What 'Good Management is not Firefighting' is about? Good Management Is Not… tells you what is! I demonstrate that there really aren’t any new ideas in management theory. There are just new ways of looking at the same concepts. This is really exciting because it means you already possess the basic information to be successful as a manager. The key to your success is making your people successful. When your staff understands their job, they become motivated to perform at their peak and become true leaders in your organization. In my book I give you tools to help your managers get it, making you and your employee’s winners.

About the author: Joel Quass’ career in management began over 35 years ago. He has owned 4 business’ including Quassword Cards, “The Crossword Puzzle Greeting Card”, which he ran with his brother Brian and Strawcastle Snax, a vending company in Williamsburg, Virginia which he took from $90,000 to $¼ million in gross sales when he sold the business 2 years later. He has held management positions in four companies including his current position with a big box retailer. Joel received a BA in Political Science from Christopher Newport University. Joel has taught employees and managers in small and large group settings

Good Management is not Firefighting is available for sale on Infinity's website.

Other books on the "100 Trees Project":

The Last Original Idea: A Cynic's View to Internet Marketing by Alan K'necht and Geri Rockstein

Buffalo on the Ridge by Deanna Meyer

What Love Is...A-Z by by Elle Febbo

Raven Wings and 13 More Twisted Tales

Ishift- Innovation Shift

Yours,
Raz @ Eco-Libris

Eco-Libris: Promoting sustainable reading!

Barnes & Noble Bankruptcy Index: Borders may have a buyer while B&N put all their eggs in one e-nest

Sorry for the two day delay, but we're here with the weekly update on the B&N bankruptcy index. This week the stock continues to go up, probably still because of B&N's plans to introduce a new e-reader later on this month.

Still no word about the future of B&N's brick and mortar stores as B&N seems to be putting everything it got on the Nook and e-book sales, a risky bet that might be too risky for a brick and mortar company. Bottom line: This week our B&N bankruptcy index stays in the 50-59 zone: Bankruptcy is a clear and present danger.

Just a short reminder - As Borders filed for bankruptcy couple of months ago, we started looking at Barnes & Noble, the nation's largest book chain to see if they will follow Borders and also go into bankruptcy and if so, when exactly.

To do it more analytically we launched few weeks ago a new B&N Bankruptcy Index, which is based on 10 parameters, which receive a grade between 1-10 (1 - worst grade, 10 - best grade). Hence we receive a 0-100 point index scale, which we divide into several ranges as follows:

90-100: B&N is in an excellent shape. Couldn't be better!

80-89: B&N is doing great. Bankruptcy is no longer a real threat.

70-79: B&N could do better and has to be cautious of bankruptcy.

60-69: B&N doesn't look too good and bankruptcy is becoming a more realistic threat.

50-59: Bankruptcy is a clear and present danger.

49 and less: Red alert! Bankruptcy is just around the corner and is likely to happen within a short time frame.

We will check the B&N Bankruptcy Index every Thursday, updating each one of the parameters included in the index and will analyze the trend. You can follow the weekly changes in the index from the day it was launched on the Barnes and Noble Bankruptcy Index page on our website.
So here's our update for this week (in brackets is last week's grade):

1. Confidence of the stock market in B&N
This parameter will look at the performance of the B&N stock (symbol: BKS) in the last week. The performance of B&N's stock is an indication of the confidence the market has in the ability of B&N to maintain a viable business.

So let's look at last week's figures (for consistency we look at results from Wed. 5/4 to Wed. 5/11):
5/4: $12.01
5/11: $13.46
Change: +12.1%

As you can see, B&N's stock went up in 12.1%. Just for comparison, Amazon went up 2.2% last week and the S&P500 Index lost 0.4%.

I believe the stock is going up this week because of the same reason it went up last week - the excitement from the news on B&N's upcoming announcement (on May 24) on the launch of a new electronic book reader.

StreetAuthority thinks it's also all about the Nook:

Back in March, I suggested "the odds are increasing for a convincing turnaround." My logic rested on two pillars: First, a massive shrinkage in the store base of rival Border's would help drop-in traffic in those neighborhoods affected. Second, the company's Nook electronic reading device was starting to emerge as a real contender among the small group of e-readers. As it turns out, it's the Nook that explains why shares of Barnes & Noble have taken off like a rocket, rising 50% in less than a month. (Seeking Alpha)

So it looks like the stock jumped only because of the news on the upcoming e-reader, but since this trend is already going on for two weeks and gaining some sort of momentum, this wee's grade is going up in half a point: 5 (4.5)

2. What analysts say on B&N

Katie Spence still doesn't believe in B&N:

I'm not giving up my books just yet. There is something about the smell and texture of an actual book that simply can't be replicated by e-books. That said, the future of the brick-and-mortar Barnes & Noble looks bleak. With companies such as Amazon dominating in sales, both in e-books and paperback, the time of bookselling superstores is gone. (The Motley Fool)

Spence sees that B&N is putting all her money and efforts into the Nook and ebook sales and she's wondering "are the Nook and e-book sales enough to keep Barnes & Noble afloat?" That's a good question - B&N is taking a very risky gamble here, leaving the stores, which are still its core business, out of the picture.

We don't see a significant change in the market sentiment and therefore our grade stays the same: 5.5 (5.5)

3. New strategy to regain sales in the brick and mortar stores
Just like Borders, B&N still doesn't have yet a clear and comprehensive strategy that will transform their brick and mortar stores from a liability back to an asset.

Still, there's nothing here. Not even a sign of a new strategy. This week's grade stays the same: 3.5 (3.5)

4. What B&N is saying about itself
We didn't find any quotes this week. Our grade for this parameter stays the same: 6 (6)

5. Steps B&N is taking
One interesting step we learned about from the WSJ was B&N's offer to Borders to buy 10 stores, along with the company's website and customer lists. Borders refused to the offer according to the article. This week's grade stays the same: 6 (6)

6. Competitors
This parameter will mainly look into Borders and how its problems affect B&N. WSJ reported earlier that "Borders Group Inc. is in discussions with a potential bidder for more than 225 stores that would keep the bookstore chain operating as a going concern, said people familiar with the matter. " Still it's not clear if Borders can find a buyer to the whole business, as according to Bloomberg "No Bidder Said to Be Found to Buy All of Borders." We'll have to wait though and see if it such a deal will actually happen or not and what it will include before we change the grade. Therefore this week's grade stays the same: 5 (5)

7. Financial strength
Katie Spence mentions in a comment she made to her article that "if you look at B&N's long term debt you will notice that it is currently at $260.4 million where as previously it was at 0. Additionally, its total current liabilities exceeds it total current assets and that is with a change in its annual reporting date (usually a bad sign for any company). All in all, the signs are looking bad for the brick-and-mortar company."

This is not a good news from a financial strength perspective and therefore our grade goes does by half a point: 6.5 (7)

8. Strength of the digital business
Nothing much happened on this front. This week's grade stays the same: 8 (8)

9. Sense of urgency
It looks like B&N still think they have time and are not worried at all, or at least not worried enough to begin doing something with their brick and mortar stores (again, we don't believe more toys in the stores and extra room for the Nook is a winning strategy). If we can learn something from the Borders' case, it's how fast things go bad when your reach a certain tipping point of financial distress or distrust of your stakeholders (consumers or publishers for example). This week's grade stays the same: 5.5 (5.5)

10. General feeling
This parameter will be an indication of our impression of all the materials read and analyzed for this index. Our feeling that things are still not looking too good for B&N hasn't changed this week and actually we feel that somehow the company is a bit lost when it comes to find how to generate more sales in its brick and mortar stores. This week's grade for this parameter stays the same: 5 (5)

This week's Barnes & Noble Bankruptcy Index: 56 points (56)

As you can see, this week's index is set at 56 points, which means B&N is getting deeper into the 50-59 zone: Bankruptcy is a clear and present danger. It's still not the red zone but it means that bankruptcy is getting closer and is becoming a real threat to B&N. See you next Thursday.

To view the weekly changes in the index visit Barnes and Noble Bankruptcy Index on our website.

You can find more resources on the future of bookstores on our website at www.ecolibris.net/bookstores_future.asp

Yours,
Raz @ Eco-Libris

Eco-Libris: Working to green the book industry!

Join our sustainability journey and plant a tree for every book you read!

Do you think that sustainability is a journey? Do you believe that small actions lead to big change? If you do, we invite you to join us on our journey to make reading more sustainable and plant trees for the books you read, write or publish.

How we do it?

Planting trees to balance out paper used for books
Eco-Libris is offering book readers, as well as publishers and authors the opportunity to balance out the trees cut down for the production of books by planting trees in developing countries.

We work to plant these trees together with our planting partners – three highly respected US and UK based non-profit organizations that work in collaboration with local communities in developing countries to plant these trees. These trees are planted in high ecological and sustainable standards in Latin America (Nicaragua, Guatemala, Panama, Belize, Honduras) and Africa (Malawi), where deforestation is a crucial problem.

Planting trees in these places not only helps to fight climate change and conserve soil and water, but also benefits many local people, for whom these trees offer many benefits, such as improvement of crops and additional food and income, and an opportunity for a better future. , where deforestation is a crucial problem. Planting trees in these places not only helps to fight climate change and conserve soil and water, but also benefits many local people, for whom these trees offer many benefits, such as improvement of crops and additional food and income, and an opportunity for a better future.

Readers also receive a sticker made of recycled paper for every book they balance out saying “One tree planted for this book”, which they can later display on their books’ sleeves.

So far Eco-Libris balanced out over 176,000 books, which results in more than 196,000 new trees planted with its planting partners in developing countries.

Promoting adoption of sustainable practices in the book industry
One of the examples of our work to promote sustainability in the book industry is our Green Books Campaign: Every year in the last couple of years (2009 and 2010), on Nov. 10 at 1 p.m., hundreds of bloggers simultaneously have published reviews of books printed on recycled or FSC-certified paper. By turning a spotlight on books printed using greener methods, we aim to raise consumer awareness about considering the environment when making book purchases.

Last year about 200 bloggers reviewed 200 books that came from 56 publishers from the U.S., Canada, Australia, and the U.K. This diverse group of publishers participating in the campaign included both small and large presses who print books on recycled and/or FSC-certified paper, such as Penguin Group, Scholastic, Barefoot Books, McClelland & Stewart, Simon and Schuster Children’s Publishing, Sterling Publishing, DK Publishing, Harvard Business Press, Island Press, North Atlantic Books, McGraw-Hill, ABRAMS and Picador.

This unique campaign is transforming into a tradition and we are glad to see continuous enthusiasm about it from publishers, authors, bloggers and readers (we estimate that last year about 40,000 people were exposed to the campaign) alike.

We plan to keep this tradition going this year as well – This year’s campaign, just like last year, will take place in collaboration with Indigo Books & Music, the largest book retailer in Canada, as part of their efforts to eliminate the use of wood fiber from endangered forests and facilitate a broader sustainability shift in the publishing and paper supply chain.

Helping to make e-reading greener
eBooks are becoming an important part of the book industry and we try not just to find what does it means in terms of the industry’s carbon footprint or how sustainable e-reading is in comparison with paper books, but also to make an impact and help making e-reading greener.

One of our latest efforts is helping Calvert Investments, one of the largest sustainable and responsible investment (SRI) companies in the US to file a shareholder resolution with Amazon.com, calling the company to prepare a report that will assess the impact of climate change on Amazon, including disclosure on the Kindle’s environmental impacts, or in other words – finally making the carbon footprint of the Kindle public.

We feel this is a necessary step not only to learn what the carbon footprint of the Kindle is, but also to move forward other e-reader sellers, such as B&N and Sony to reveal their carbon footprint. If we want e-reading to be a truly green option, we must have transparency and given Amazon’s refusal to provide such data, we’re proud on being part of the efforts to convince them to do the right thing!

So, if you want to join our journey, you’re more than welcome to do it by planting trees for your books – we welcome readers, authors and publishers to join us and make reading more sustainable!

Yours,
Raz @ Eco-Libris

Eco-Libris: Promoting sustainable reading!

Why bookstores are in trouble?

Check this new Kindle ad - it says it all (well, almost all..):



Yours,
Raz @ Eco-Libris

Eco-Libris: Promoting sustainable reading!

Pick Your Battle by Douglas Lain and 9 other recommended green ebooks!

We're back again with our weekly ten recommendations on green ebooks!

Just a reminder - Each week we present you here with list of 10 recommended e-books on a variety of green issues - from climate change and conservation to sustainable living and green marketing. Most of these green ebooks are new and were either released in the last month or two or about to be released (but already available as ebooks).

The links of these ebooks are to Amazon.com and I apologize in advance to all the Nook, iPad, Kobo and Sony Reader owners. I hope you can easily find an ebook you'll like on other ebookstores. This is also the place to disclose that we're taking part in Amazon's affiliate program and therefore will receive a small percentage of every purchase made using these links. We hope you don't mind! You can find all the lists published so far on our recommended green ebooks webpage.

Without further ado, here's this week's list of 10 recommended green e-books:

1. Pick Your Battle: Your Guide to Urban Foraging, Hollywood Movies, Late Capitalism, and the Communist Alternative (a memoir) by Douglas Lain - Amazon Digital Services (May 8, 2011)

2. Earthship I want one by Michael Reynolds - Earthship Biotecture (April 30, 2011)

3. How to start an Urban Farm by Matt Mayer - Amazon Digital Services (March 4, 2011)

4. Great Eggspectations? by Rus Slater - GA&P ePublishing; 1.0 edition (April 28, 2011)

5. The Oil Price (The Oil Price Trilogy) by Guy Lane - Amazon Digital Services (April 27, 2011)

6.Original Instructions by Melissa K. Nelson - Bear & Company (April 19, 2011)

7. GREEN FACILITIES HANDBOOK: SIMPLE & PROFITABLE STRATEGIES FOR MANAGERS by Eric Woodruff - The Fairmont Press (April 18, 2011)

8. Easiest And Cheapest Way To Start Organic Gardening At Home - "Creating Fun For The Family" by Willem M Strydom Strydom (Author), Marthina Strydom (Editor) - Amazon Digital Services (April 26, 2011)

9. Climate Change and Land Policies by Gregory Ingram (Editor) , Yu-Hung Hong (Editor) - Lincoln Institute of Land Policy (May 10, 2011)

10. Urban Design: The Composition of Complexity by Ron Kasprisin - T & F Books UK (May 3, 2011)

See you next week!

Yours, Raz @ Eco-Libris

Eco-Libris: Promoting sustainable reading!

Ishift- Innovation Shift by Jean Sifleet has joined the 100 Trees Project!

We're happy to update you that Ishift- Innovation Shift by Jean Sifleet, a how-to guide about business innovation that is packed with information about business and legal strategies to stay competitive in this rapidly changing world, has joined the "100 Trees Project"!

This joint program was launched by Infinity Publishing, a leading self-publishing company together with Eco-Libris to promote environmental sustainability among its authors. Through the program, authors that publish with Infinity are able to plant 100 trees for the title they publish. These authors also have the option to add a special "100 trees planted for this book" logo to their book's design, as a way to showcase their commitment to environmental sustainability.

What this book is about? IShift draws insights from historical patterns and many stories about business successes and failures. It also provides tips and techniques for legal and business strategies to maximize the financial rewards from innovations and creative works.

A great deal of innovation and job creation occurs in smaller businesses. By learning from the successes and failures of others, there are many things small business owners and entrepreneurs can do to engage employees and improve business. They also learn to shift smoothly between the many different roles in running their businesses. This shifting is a learned skill - just like learning to shift gears in a car to adapt to changing road conditions.

About the author: Jean Sifleet is a business attorney and CPA whose career spans many years in large multinational corporations, and includes three successful entrepreneurial ventures. She created the Smart FastR approach to providing legal services, which emphasizes avoiding legal pitfalls in business. She has authored numerous books and publications. Her Web site, www.smartfast.com is a recognized source for practical informatIion on business issues.

Raven Wings and 13 More Twisted Tales is available for sale on Infinity's website.

Other books on the "100 Trees Project":
The Last Original Idea: A Cynic's View to Internet Marketing by Alan K'necht and Geri Rockstein

Buffalo on the Ridge by Deanna Meyer

What Love Is...A-Z by by Elle Febbo

Raven Wings and 13 More Twisted Tales

Yours,
Raz @ Eco-Libris

Eco-Libris: Promoting sustainable reading!

My article today on Triple Pundit on why Amazon is so hush hush about its carbon footprint

Earlier today, an article I wrote, entitled Why Amazon Needs to Come Clean About its Carbon Footprint was published on Triple Pundit.

Here's a bit more from the article:

A couple of weeks ago, just before Earth Day, Amazon presented some interesting information about the green purchasing habits of its customers, showing how America is going green. One interesting piece that was missing in this report was how Amazon is going green.

Frankly, I really don’t know how green is Amazon because when it comes to its own footprint, Amazon is consistently more secretive than the CIA (which actually doesn’t mind sharing its green initiatives).

Will it change next month Next month, when shareholders will vote in their annual meeting on a resolution calling Amazon to prepare a report that will assess the impact of climate change on Amazon and make it public?

You can read the whole article at http://www.triplepundit.com/2011/05/amazon-carbon-footprint/

Yours,
Raz @ Eco-Libris

Eco-Libris: Promoting sustainable reading!