| Industries |
|---|
| Diversified Financial Services |
| Commercial and Professional Services |
| Human Resource and Employment Services |
| Technology Hardware Storage and Peripherals |
| Information Technology |
| Technology Hardware and Equipment |
| Exposures |
|---|
| Military |
| Rights |
| Express intent |
| Political reform |
| Policy |
| Provide |
| Event Codes |
|---|
| Accident |
| Solicit support |
| Sports contest |
| Defy norms |
| Formally complain |
| Reward |
| Adjust |
| Covert monitoring |
| Yield to order |
| Warn |
| Consult |
| Promise |
| Negotiation |
| Demand |
| Wiki | Wiki Summary |
|---|---|
| Arithmetic | Arithmetic (from Ancient Greek ἀριθμός (arithmós) 'number', and τική [τέχνη] (tikḗ [tékhnē]) 'art, craft') is an elementary part of mathematics that consists of the study of the properties of the traditional operations on numbers—addition, subtraction, multiplication, division, exponentiation, and extraction of roots. In the 19th century, Italian mathematician Giuseppe Peano formalized arithmetic with his Peano axioms, which are highly important to the field of mathematical logic today. |
| Operations research | Operations research (British English: operational research), often shortened to the initialism OR, is a discipline that deals with the development and application of advanced analytical methods to improve decision-making. It is sometimes considered to be a subfield of mathematical sciences. |
| Emergency operations center | An emergency operations center (EOC) is a central command and control facility responsible for carrying out the principles of emergency preparedness and emergency management, or disaster management functions at a strategic level during an emergency, and ensuring the continuity of operation of a company, political subdivision or other organization.\nAn EOC is responsible for strategic direction and operational decisions and does not normally directly control field assets, instead leaving tactical decisions to lower commands. |
| William Vanderbloemen | William Vanderbloemen (born 1969, Taylorsville, North Carolina) is an entrepreneur, pastor, speaker, author, and CEO and founder of Vanderbloemen Search Group, an executive search firm serving churches, ministries, and faith-based organizations.\n\n\n== Education ==\nVanderbloemen received a B.A. in philosophy/religion from Wake Forest University (1992) and later earned an M.Div from Princeton Theological Seminary (1995). |
| Pricing | Pricing is the process whereby a business sets the price at which it will sell its products and services, and may be part of the business's marketing plan. In setting prices, the business will take into account the price at which it could acquire the goods, the manufacturing cost, the marketplace, competition, market condition, brand, and quality of product. |
| Non-compete clause | In contract law, a non-compete clause (often NCC), restrictive covenant, or covenant not to compete (CNC), is a clause under which one party (usually an employee) agrees not to enter into or start a similar profession or trade in competition against another party (usually the employer). Some courts refer to these as "restrictive covenants". |
| Citation signal | In law, a citation or introductory signal is a set of phrases or words used to clarify the authority (or significance) of a legal citation as it relates to a proposition. It is used in citations to present authorities and indicate how those authorities relate to propositions in statements. |
| Magazine | A magazine is a periodical publication, generally published on a regular schedule (often weekly or monthly), containing a variety of content. They are generally financed by advertising, by a purchase price, by prepaid subscriptions, or by a combination of the three. |
| Volatility (finance) | In finance, volatility (usually denoted by σ) is the degree of variation of a trading price series over time, usually measured by the standard deviation of logarithmic returns.\nHistoric volatility measures a time series of past market prices. |
| Reliance Industries | Reliance Industries Limited is an Indian multinational conglomerate company based out of Mumbai, India.\nIt has diverse businesses including energy, petrochemicals, natural gas, retail, telecommunications, mass media, and textiles. |
| Pidilite Industries | Pidilite Industries Limited is an Indian adhesives manufacturing company based in Andheri (East), Mumbai. The company is the dominant and leading adhesives company in India. |
| Economics | An economy (from Ancient Greek οἰκονομία (oikonomía) 'management of a household, administration'; from οἶκος (oîkos) 'household', and νέμω (némō) 'distribute, allocate') is an area of the production, distribution and trade, as well as consumption of goods and services by different agents. In general, it is defined 'as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarce resources'. |
| Federal takeover of Fannie Mae and Freddie Mac | In September 2008 the Federal Housing Finance Agency (FHFA) announced that it would take over the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). Both government-sponsored enterprises, which finance home mortgages in the United States by issuing bonds, had become illiquid as the market for those bonds collapsed in the subprime mortgage crisis. |
| Chairperson | The chairperson (also chair, chairman, or chairwoman) is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group, presides over meetings of the group, and conducts the group's business in an orderly fashion.In some organizations, the chairperson is also known as president (or other title). |
| Managing up and managing down | Managing Up and Managing Down is a part of management that details how middle managers or supervisors should effectively deal with their managers and subordinates. Promotion to management comes with additional responsibility of managing down. |
| Professional wrestling | Professional wrestling, often shortened to pro wrestling, or simply wrestling, is a form of entertainment and performing art which combines athletics with theatrical performance. It takes the form of scripted "matches," which are presented as authentic combat sport. |
| Engagement ring | An engagement ring is a ring indicating that the person wearing it is engaged to be married, especially in Western cultures. A ring is presented as an engagement gift by a partner to their prospective spouse when they propose marriage or directly after a marriage proposal is accepted. |
| Cloud computing | Cloud computing is the on-demand availability of computer system resources, especially data storage (cloud storage) and computing power, without direct active management by the user. Large clouds often have functions distributed over multiple locations, each location being a data center. |
| Sex assignment | Sex assignment (sometimes known as gender assignment) is the discernment of an infant's sex at birth. A relative, midwife, nurse or physician inspects the external genitalia when the baby is delivered and, in more than 99.95% of births, sex is assigned without ambiguity. |
| Learning difficulties | Learning disability, learning disorder, or learning difficulty (British English) is a condition in the brain that causes difficulties comprehending or processing information and can be caused by several different factors. Given the "difficulty learning in a typical manner", this does not exclude the ability to learn in a different manner. |
| Liability insurance | Liability insurance (also called third-party insurance) is a part of the general insurance system of risk financing to protect the purchaser (the "insured") from the risks of liabilities imposed by lawsuits and similar claims and protects the insured if the purchaser is sued for claims that come within the coverage of the insurance policy.\nOriginally, individual companies that faced a common peril formed a group and created a self-help fund out of which to pay compensation should any member incur loss (in other words, a mutual insurance arrangement). |
| Candidate | A candidate, or nominee, is the prospective recipient of an award or honor, or a person seeking or being considered for some kind of position; for example:\n\nto be elected to an office — in this case a candidate selection procedure occurs.\nto receive membership in a group"Nomination" is part of the process of selecting a candidate for either election to an office by a political party, or the bestowing of an honor or award. |
| Against Us | Trespass Against Us is a 2016 crime drama film directed by Adam Smith and written by Alastair Siddons. The film stars Michael Fassbender, Brendan Gleeson, Sean Harris, Lyndsey Marshal, Rory Kinnear, and Killian Scott. |
| Us Against Them | Us Against Them is the debut studio album by American rapper Jake Miller. It was released on November 5, 2013, through Entertainment One Music. |
| 2011 military intervention in Libya | On 19 March 2011, a multi-state NATO-led coalition began a military intervention in Libya, to implement United Nations Security Council Resolution 1973, in response to events during the First Libyan Civil War. With ten votes in favour and five abstentions, the UN Security Council's intent was to have "an immediate ceasefire in Libya, including an end to the current attacks against civilians, which it said might constitute "crimes against humanity" ... |
| Synchroscope | In AC electrical power systems, a synchroscope is a device that indicates the degree to which two systems (generators or power networks) are synchronized with each other.For two electrical systems to be synchronized, both systems must operate at the same frequency, and the phase angle between the systems must be zero (and two polyphase systems must have the same phase sequence). Synchroscopes measure and display the frequency difference and phase angle between two power systems. |
| Knowledge acquisition | Knowledge acquisition is the process used to define the rules and ontologies required for a knowledge-based system. The phrase was first used in conjunction with expert systems to describe the initial tasks associated with developing an expert system, namely finding and interviewing domain experts and capturing their knowledge via rules, objects, and frame-based ontologies. |
| Proposed acquisition of Twitter by Elon Musk | On April 14, 2022, business magnate Elon Musk offered to purchase American social media company Twitter, Inc., for $43 billion, after previously acquiring 9.1 percent of the company's stock for $2.64 billion, becoming its largest shareholder. Twitter had then invited Musk to join their board of directors, which Musk at first accepted before subsequently declining. |
| Primordial fluctuations | Primordial fluctuations are density variations in the early universe which are considered the seeds of all structure in the universe. Currently, the most widely accepted explanation for their origin is in the context of cosmic inflation. |
| Band of fluctuation | The band of fluctuation is the range within which the market value of a national currency is permitted to fluctuate by international agreements, or by unilateral decision by the central bank. |
| Staggered elections | Staggered elections are elections where only some of the places in an elected body are up for election at the same time. For example, United States Senators have a six-year term, but they are not all elected at the same time. |
| Transaction processing system | Transaction processing is a way of computing that divides work into individual, indivisible operations, called transactions. A transaction processing system (TPS) is a software system, or software/hardware combination, that supports transaction processing. |
| Transaction Publishers | Transaction Publishers was a New Jersey-based publishing house that specialized in social science books and journals. It was located on the Livingston Campus of Rutgers University. |
| Wireless transaction protocol | Wireless transaction protocol (WTP) is a standard used in mobile telephony. It is a layer of the Wireless Application Protocol (WAP) that is intended to bring Internet access to mobile phones. |
| Director (business) | The term director is a title given to the senior management staff of businesses and other large organizations.\nThe term is in common use with two distinct meanings, the choice of which is influenced by the size and global reach of the organization and the historical and geographic context. |
| Risk Factors |
|---|
| KORN FERRY INTERNATIONAL Item 1A Risk Factors The risks described below are the material risks facing our Company |
| Additional risks not presently known to us or that we currently deem immaterial may also impair our business operations |
| Our business, financial condition or results of operations could be materially adversely affected by any of these risks |
| Competition in our industry could result in our losing market share and charging lower prices for services, which could reduce our revenue |
| We compete for executive search business with numerous executive search firms and businesses that provide job placement services |
| Traditional executive search competitors include Egon Zehnder International, Heidrick & Struggles International, Inc, Russell Reynolds Associates and Spencer Stuart |
| In each of our markets, our competitors may possess greater resources, greater name recognition and longer operating histories than we do, which may give them an advantage in obtaining future clients and attracting qualified professionals in these markets |
| There are no extensive barriers to entry into the executive search industry, and new recruiting firms continue to enter the market |
| We believe the continuing development and increased availability of information technology will continue to attract new competitors |
| Increased competition may lead to pricing pressures that could negatively impact our business |
| 12 ______________________________________________________________________ [40]Table of Contents If we fail to attract and retain qualified and experienced consultants, our revenue could decline and our business could be harmed |
| We compete with other executive search firms for qualified consultants |
| Attracting and retaining consultants in our industry is particularly important because, generally, a small number of consultants have primary responsibility for a client relationship |
| Because client responsibility is so concentrated, the loss of key consultants may lead to the loss of client relationships |
| This risk is heightened due to the general portability of a consultant’s business |
| Any decrease in the quality of our reputation, reduction in our compensation levels or restructuring of our compensation program, whether as a result of insufficient revenue, a decline in the market price of our common stock or for any other reason, could impair our ability to retain existing or attract additional qualified consultants with the requisite experience, skills or established client relationships |
| Our failure to retain our most productive consultants or maintain the quality of service to which our clients are accustomed and the ability of a departing consultant to move business to his or her new employer could result in a loss of clients and harm our business |
| Economic conditions in the geographic regions and the industries from which we derive a significant portion of our fee revenue could undermine our future profitability |
| Demand for our services is significantly affected by the general level of economic activity in the geographic regions and industries in which we operate |
| When economic activity slows, many companies hire fewer permanent employees |
| In addition, in fiscal 2006, our total assignments included 15prca related to the technology industry and 18prca related to the financial services industry, both of which have experienced volatility recently |
| Any significant economic downturn, on a global basis, in North America, or in other regions or industries where our operations are heavily concentrated, could harm our business, results of operations and financial condition |
| If we are unable to retain our executive officers and key personnel, or integrate new members of our senior management that are critical to our business, we may not be able to successfully manage our business in the future |
| Our future success depends upon the continued service of our executive officers and other key management personnel |
| If we lose the services of one or more of our executives or key employees, or if one or more of them decides to join a competitor or otherwise compete directly or indirectly with us, we may not be able to successfully manage our business or achieve our business objectives |
| If we are unable to maintain our professional reputation and brand name, our business will be harmed |
| We depend on our overall reputation and brand name recognition to secure new engagements and hire qualified professionals |
| Our success also depends on the individual reputations of our professionals |
| We obtain a majority of our new engagements from existing clients or from referral by those clients |
| Any client who is dissatisfied with our assignments can adversely affect our ability to secure new engagements |
| If any factor, including poor performance, hurts our reputation, we may experience difficulties in competing successfully for both new engagements and qualified consultants |
| Failing to maintain our professional reputation and the goodwill associated with our brand name could seriously harm our business |
| We are subject to potential legal liability from clients, employees and candidates |
| Insurance coverage may not be available to cover all of our potential liability and available coverage may not be sufficient to cover all claims that we may incur |
| Our ability to obtain liability insurance, its coverage levels, deductibles and premiums are all dependent on market factors, our loss history and insurers’ perception of our overall risk profile |
| We are exposed to potential claims with respect to the executive search process |
| A client could assert a claim for matters such as breach of an 13 ______________________________________________________________________ [41]Table of Contents off-limit agreement or recommending a candidate who subsequently proves to be unsuitable for the position filled |
| Further, the current employer of a candidate whom we placed could file a claim against us alleging interference with an employment contract |
| In addition, a candidate could assert an action against us for failure to maintain the confidentiality of the candidate’s employment search or for alleged discrimination, violations of employment law or other matters |
| We cannot assure you that our insurance will cover all claims or that insurance coverage will be available at economically acceptable rates |
| We rely heavily on our information systems and if we lose that technology, or fail to further develop our technology, our business could be harmed |
| Our success depends in large part upon our ability to store, retrieve, process and manage substantial amounts of information |
| To achieve our strategic objectives and to remain competitive, we must continue to develop and enhance our information systems |
| This may require the acquisition of equipment and software and the development of new proprietary software, either internally or through independent consultants |
| If we are unable to design, develop, implement and utilize, in a cost-effective manner, information systems that provide the capabilities necessary for us to compete effectively, or for any reason, any interruption or loss of our information processing capabilities, could harm our business, results of operations and financial condition |
| We face risks associated with political instability, legal requirements and currency fluctuations in our international operations |
| We operate in 37 countries and, as of April 30, 2006, generate nearly half our fee revenue from operations outside of North America |
| There are certain risks inherent in transacting business worldwide, such as: • changes in and compliance with applicable laws and regulatory requirements; • difficulties in staffing and managing global operations; • social and political instability; • fluctuations in currency exchange rates; • statutory equity requirements; • repatriation controls; and • potential adverse tax consequences |
| We have no hedging or similar foreign currency contracts, and therefore fluctuations in the value of foreign currencies could impact our global operations |
| We cannot assure you that one or more of these factors will not harm our business, financial condition or results of operations |
| We may be limited in our ability to recruit employees from our clients and we could lose those opportunities to our competition, which could harm our business |
| Either by agreement with clients, or for client relations or marketing purposes, we sometimes refrain from, for a specified period of time, recruiting employees from a client when conducting searches on behalf of other clients |
| These off-limit agreements can generally remain in effect for up to two years following completion of an assignment |
| The duration and scope of the off-limit agreement, including whether it covers all operations of the client and its affiliates or only certain divisions of a client, generally are subject to negotiation or internal policies and may depend on factors such as the scope, size and complexity of the client’s business, the length of the client relationship and the frequency with which we have been engaged to perform executive searches for the client |
| Our inability to recruit employees from these clients may make it difficult for us to obtain search assignments from, or to fulfill search assignments for, other companies in that client’s industry |
| We cannot ensure that 14 ______________________________________________________________________ [42]Table of Contents off-limit agreements will not impede our growth or our ability to attract and serve new clients, or otherwise harm our business |
| We have provisions that make an acquisition of us more difficult and expensive |
| Antitakeover provisions in our Certificate of Incorporation, our Bylaws and under Delaware law make it more difficult and expensive for us to be acquired in a transaction that is not approved by our Board of Directors |
| Some of the provisions in our Certificate of Incorporation and Bylaws include: • a classified Board of Directors; • limitations on the removal of directors; • limitation on stockholder actions; • advance notification requirements for director nominations and actions to be taken at stockholder meetings; and • the ability to issue one or more series of preferred stock by action of our Board of Directors |
| These provisions could discourage an acquisition attempt or other transaction in which stockholders could receive a premium over the current market price for the common stock |