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A recent New York Times article, “As Paperwork Goes Missing, Private Student Loan Debt May be Wiped Away”, reported on National Collegiate, one of the largest owners of private debt, which lost potentially $5 billion in student loans due to missing paperwork. While the students may be relieved, the lenders are certainly distressed because document scanning and indexing could have prevented their losses. The article noted that tens of thousands of people who took out private loans to pay for college — but have overdue payments — may get their debts wiped out. Judges around the country have dismissed dozens of delinquent borrower lawsuits because the loan holders can’t produce the paperwork to prove the person owns the debt. Recent cases in New Hampshire, Ohio and Texas have tossed out lawsuits by National Collegiate, ruling that it could not prove that the person named in the lawsuit owned the debt on which it was trying to collect. (more…)
Today marks the fifth annual #GivingTuesday, celebrated on the Tuesday after Thanksgiving and on the heels of the widely recognized shopping events Black Friday and Cyber Monday. #GivingTuesday kicks off the charitable giving season, encouraging social action, collaboration and generosity.
At Konica Minolta, we’re committed to making our world a better place. It’s engrained in our corporate culture and stems from our philosophy which aims to “create value for society.” As a global company, we work hard to use our wide-reaching resources and expertise to contribute to the greater good. We’re promoting environmental sustainability by continually developing and perfecting the greenest products and solutions on the market. This year we’ve even added the new goal of achieving “Carbon Minus” status to our long term environmental plan, Eco Vision 2050.
Here in the U.S. our employees are changing our world for the better everyday. This year alone, we’ve put more than 3,000 books into the homes of young readers from low-income families, contributed $6,000 to breast cancer research and devoted hundreds of volunteer hours to harvesting vegetables for local food banks and rebuilding our communities. Konica Minolta has also contributed $40,000 in matched donations to nonprofit organizations important to our employees through our newly launched Matching Contributions Program. These are all achievements to be proud of and inspire us to continue to think of new and creative ways that we can pay it forward in the coming year.
That’s the beauty of giving, there are seemingly infinite ways that every person can make the world a better place, and as a company that values innovation and creativity, we are well equipped to come up with solutions to problems. This year, I read the brilliantly written book, “Half the Sky” by Nicholas Kristof and Sheryl WuDunn. It was an eye-opening glimpse into one of the largest humanitarian issues facing our world today, the oppression of so many women and girls in developing countries. More girls have been killed in the last fifty years, just because of their gender, than men were killed in all the wars of the twentieth century. But the authors suggest that there is an attainable solution; by providing financial support and education to th
ese women and girls, oppression can be turned into opportunity.
I came away from the book wanting to help. The Lady Savant Foundation recently opened a school for 6th – 8th grade students in Cambodia and are actively seeking funds and educational materials to support the school and their “Girls Be Ambitious” program, an incentive program to keep girls safe, educated, and out of human trafficking circles. The Foundation teams up with the ArtWare organization, to run creative team building events to design tiles for charitable causes. During December, a group of Konica Minolta employees will have the opportunity to design educational “ABC” tiles that will be installed on the walls of the school in 2018. I’m excited to see what our employees create together and thrilled that we will be contributing directly to such an important cause.
This #GivingTuesday, take a moment to think about what you can do to give back. Whether the gesture is large or small, creative or simple, every act of kindness makes the world a better place. At Konica Minolta, we’re excited for what the New Year holds and look forward to continuing to provide innovative solutions of all kinds in 2018!
Konica Minolta has been expanding and transforming its business by building off our strong imaging legacy. This transformation includes everything from offering IT services to helping reshape workspaces and most recently with our Workplace of the Future™ solutions. It’s a mighty undertaking, so it’s very satisfying when a third-party comes along and acknowledges just how successful our transformation has been. I’m very pleased to say that this occurred last week when we won multiple awards in the government security sector from American Security Today (AST). (more…)
If you’ve ever watched golf on CBS Sports and seen broadcasters analyze a player’s swing with the Konica Minolta bizhub SwingVision camera, or seen a Mets outfielder make a leaping save over our Konica Minolta logo on the right field fence, then you probably know that we have a pretty significant presence in sports. As cool as it is to see our company’s name share the stage with superstar athletes in some of the biggest sports leagues in the world, this is only a tiny glimpse into how far Konica Minolta’s sports marketing initiatives reach. (more…)
We all look for quality in what we buy for our family and homes. We want a consistent level of quality in the goods purchased, quality service for the life of the product, and always at the right price. As a new homeowner, the selection, design and build of our home occupied months of research and what seemed like every day in-depth conversation about the process. After an exciting year, the results turned out great. But recently, a number of friends and family have asked us to recommend someone to install their new curtains, provide landscape services or even to install overhead garage storage racks. They ask if we’re happy and if we feel we “got a good deal” on each of our transactions. Realize, every time we recommend a product or vendor, we’re also staking our own reputation that our preferred provider will do a consistent, quality, cost effective job every time. (more…)
Earlier this year I attended a program at the Connecticut Forum entitled “Disruption! Innovators in business, media and culture,” and was reminded that disruption is happening in all industries in diverse ways. The Forum’s preface suggested that the disruption that we have heard about is connected to “disruptive innovation,” a term coined by Clayton M. Christensen to mean “when a small company with fewer resources can successfully challenge incumbent businesses.” Facebook, Netflix and Amazon were cited as examples. Basically, it’s a new idea that prompts a shift in an industry, giving us a new way to operate. (more…)
Alan Smith, Director, Facilities Management Solutions
I love a well-kept yard and work very hard at hiring the right company to get my yard to look great. Admittedly, I don’t have the time or expertise to spend on my yard to keep it well-trimmed with beautiful beds, so I hire a service to do the job – better than I ever could. If I lived in a climate that got snow, I’d probably hire a plowing service to “shovel me out” – not because I can’t shovel or buy my own plow, but because someone else has the machinery to do it faster and better. (more…)
Since 2008, the digital communications industry has been publicizing “Print is Dead.” This quote is an opinion and not fact based. It reminded me of the oft-quoted line by Mark Twain, the great American humorist, when he learned that a major American newspaper had prematurely published his obituary. Upon hearing of this, Twain replied: “The reports of my death are greatly exaggerated.”
I contend that the same can be said of the print communications industry. Yes, it’s changing and, in some cases, drastically. For instance, transactional printing has declined due to digital communications of eBill and eStatements. However, there are some legal issues that still require transactional statements to be printed in hardcopy. In fact, each segment has its own reasons for the continuing need for print. (more…)
A gorgeous week of weather in Southern California welcomed our 2017 FutuREady Conference as we hosted approximately 200 dealer partners and over 700 attendees to support them and the future of their businesses. The week was capped off with the Blue Angels Foundation Konica Minolta Golf & Tennis Classic, a charitable event that supports our military veterans. The combination of business and charity brings perspective, motivation and additional purpose to an otherwise professional event. (more…)
From the home to the office to the print shop, artificial intelligence (AI) is bringing smart technology into our workplace to make our lives easier. When I want to listen to music, I don’t always want to think about what band, what album or even what song I want to hear. I don’t always have time to make or sort through a playlist for specific selections. Today, I use a personal automation listening app like Pandora to pick my mood/feeling/style/era of music and it fills in the great bands, the great albums and the best songs from that timeline. Simply put, Pandora automates and makes my life easier. (more…)