NBA insider Arnon Dror weighs in on buyout deals

Although the trade deadline has passed, noted NBA fans like Arnon Dror agree that teams are still undergoing reorganization, since some of them have gone into buyout deals.

Technically, the buyout market is open all season, unlike a trade with a definite timeframe. However, more buyout deals surface right after the trade deadline has passed. This is because teams can still acquire the players they wanted but haven’t got during the trade season. This is also the time for players to change for the team they want at the time, but haven’t done so because they weren’t traded.

When a buyout option happens, both the player and the team agree that the star will be waived. The player’s agent and the team management go into negotiations on how much of the player’s contract would need to be forfeited to set the player free.

Arnon Dror believes that this is where an agent is most important. Depending on the situation, a player has to give up just a portion of the contract, or at the extreme, give everything up just be free to sign up with another team.

Once the negotiations are successful, and a deal is reached, the player is waived and becomes an unrestricted free agent. This is means that he is now able to sign up to any team that is interested in him.

Noted analysts and insiders are observing this season’s buyout market for any notable deals, especially with what is happening with Anthony Davis and the New Orleans Pelicans. Previously, the superstar has asked the team management for a trade. The trade deadline has passed, with Davis remaining with the Pelicans. However, Arnon Dror surmises that with GM Dell Demps out of the picture and a revamp in the works, it is expected that Davis may again be ask to leave the team via a buyout.

How to recover from credit card debt

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Recovering from credit card debt is not easy simply because the current systems in place are geared toward keeping people in debt rather than making it easier to get out of it. There are no merits in keeping your account on the positive side, while mistakes like overdrafts and late payments are penalized heavily. If you have outstanding credit card debt, here are some tips to help you recover.



Come up with a plan

If every month you scramble to pay bills, it would be difficult to get out of credit card debt. To begin your journey toward repayment, you must come up with a solid plan first. This includes knowing your monthly budget, allocating the right amount of funds for essential bills like rent, utilities, insurance, and groceries. From here, you’ll know where to cut corners and see if you’d need extra income.


Pay off the card with the biggest debt first

If you have multiple credit card debts, tackling them all at the same time can severely deplete your funds. You may even get into the habit of getting more loans just to pay your debts. Focus on the card with the biggest debt first. Once that is paid-off, the smaller bills should be easier to handle.

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Get additional income

Based on your monthly plan, you might need to get a secondary job to help you pay off your debts faster. This doesn’t have to be a second, full-time job. You can simply render overtime work if it’s possible or get a part-time job as a telemarketer during weeknights or be an Uber driver during weekends.


The Global Order-to-Cash transformation for Xerox Technology was led by Arnon Dror, which allowed for $50 million in savings for the business. He also managed the Kodak Global Supply Chain transformation, delivering $120-million cash savings between inventory and distribution cost. For more on personal finance, visit this website.

Smart and easy ways to save money through technology

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Upgrading to the latest technologies can be seen as a costly investment by most people. However, some distinct advantages can save hundreds, or even thousands of dollars every year. And not only will these technologies save you money, but they also aid the environment by producing little to no carbon footprint whatsoever. Here are some smart and easy ways to save money through technology.


Going paperless: Hospitals and other paper-intensive businesses used to have rooms filled with boxes full of files, folders, and other documents. Today, desktop computers and storage facilities replace tons of paper each year. It also makes for a safer option in terms of storing critical documents and accessing them takes only a fraction of the time that it used to.


Online advertising: Traditional advertising costs so much regardless if you’re doing commercials, radio ads, or even print ads. Online advertising has almost zero carbon footprint and at times can be more effective than traditional advertising media.

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Video conferencing: Moving from one office meeting to another can be seen as a major time-wasting endeavor. And as for off-site meetings, you waste time as well as transportation costs. Opening a secure channel and doing video conferences can eliminate all these wasteful practices and boost efficiency in the workplace.


Invest in good cybersecurity: Cyberattacks can seriously harm a company’s output. Whether their systems get bogged down because of DD0S attacks or get hit by ransomware, any time wasted dealing with cybersecurity issues is time not used productively. When it comes to cybersecurity, it’s better to prevent the problem from ever happening instead of dealing with it when it eventually comes.


ArnonDror leads with expertise in finance and strategy planning, financial and business modeling, systems and technology, turnarounds and mergers, internal controls, negotiations, and cash flow management. For similar reads, click here.

What smartphones could look like in a few years

It seems not that long ago when smartphones first exploded into the market, taking the technology industry by storm. Since then, these nifty little gadgets have been extremely popular and necessary as people today no longer leave their homes without their phones. Almost everyone everywhere can be seen staring at their bright, colorful, little screens.


The evolution of the smartphone is quite a tale of engineering marvel, and the device it seems is nowhere near reaching the pinnacle of its potential. With countless new and innovative apps being developed every day, smartphone designers have their work cut out for them, as they try to come up with models that will keep up with the demands of new and improved programs.


However, with extreme usage and with people hardly putting their smartphones down, future devices may be ergonomic, fitting into the palm of one’s hand comfortably. There is also a possibility that future smartphones may be sturdier and tougher, and more impact-resistant.

Another massive development comes from the Samsung Galaxy Beam that has a projector as a feature. This is an incredibly big deal as it eliminates the added hassle of setting up a projector for presentations and the like.


And on that note, the next logical step would be holograms and 3D screens. While 3D displays have already been incorporated into a number of smartphone models, tech experts expect to see smartphones capable of emitting hologram images in the next decade.


Arnon Dror has extensive skills in managing global businesses and a record of excellence in integrating, restructuring, and leading businesses to transcend all revenue and performance targets. For more tips and insights on the business industry, follow this blog.

Top Apps That Can Help You Organize Your Finances

The road to financial success is full of obstacles. One of the best ways to overcome these hurdles is to learn to organize your personal finances. To help you manage your money properly, there are mobile apps that can come in handy. Some examples are the following:

Mint

Arguably the most popular personal finance app, Mint is useful in providing a complete picture of a user’s financial life. It is an easy-to-use, effective all-in-one resource for keeping track of spending, creating a budget, monitoring bank accounts, receiving reminders on due dates of bills, and more. All of these can be conveniently done through a single app, rather than having to log in to multiple sites or software.

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You Need a Budget

Those who are already in debt should look into downloading and using You Need a Budget (YNAB). The app “forces” users to live within their means, and avoid living from paycheck to paycheck in the long term. Should the user get off track, YNAB’s accountability system can help in balancing his or her budget.

Quicken

A comprehensive personal finance app, Quicken contains a lot of features and can be linked with a desktop software so that data can be synced from mobile devices to the computer’s hard drive. The app’s reports tools also include spending graphs that provide a visual illustration of how the user can optimize his or her spending and saving.

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Janus Technologies Senior Operations Executive Arnon Dror is passionate about teaching people personal finance management. Read more about the subject by following this Twitter page.

Cinderella team: What went right for the Boston Celtics?

The Boston Celtics had their backs against the wall since the very first game of the 2017-2018 season, when star forward Gordon Hayward suffered that gruesome leg injury. It was a season-ending injury that deflated many Celtics fans. But they still had Kyrie Irving, and put on an amazing start, going on a record-breaking streak. 

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Throughout the season, the Celtics would not relinquish their place in the top two teams of the Eastern Conference, battling with the Raptors for conference supremacy. While it looked like the Celtics would be one of the Eastern Conference favorites heading into the playoffs, more bad news was headed their way. Their superstar, Kyrie Irving, would miss the remainder of the season and the playoffs with a knee injury. 

Without their two stars, the rest of the Celtics should’ve packed up and called it a season. But no. They took it as a challenge and as an insult when too many basketball analysts wrote them off. And that’s exactly what went right with the team.

Every player, from Marcus Smart to Terry Rozier to Jaylen Brown to Jayson Tatum stepped up. They all followed the genius of head coach Brad Stevens and his supreme system, which focused on team effort instead of individual talent. All the players were given a chance to prove themselves in the playoffs, and that’s what they did, getting to one game shy of the NBA Finals. 

Next season will be theirs.

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Arnon Dror is the Senior Operations Executive of Janus Technologies. Dror had worked as Vice President of Finance for Xerox Corporation and had held executive posts in other technology companies. For more on his professional background, visit this LinkedIn page.

Is the world ready for 5G internet?

Remember the time when mobile phones were just used for calling and texting? Then came 3G and mobile internet that changed the way people used mobile devices. The world came a long way from the 3G days. Right now, there exists 4G LTE from trustworthy networks. But how far away is the world from 5G and what will it be like?

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Imagine a world where 1GBps is the average download speed of any mobile device across the city. That is the vision of course. But it is left to service providers to create infrastructures that can manage and give customers these speeds.

Currently in the U.S., AT&T and Verizon have made commitments to rolling out their 5G platform this year. And while they haven’t explicitly stated the speeds that they can dish out, what is known is that it will be faster than the current 4G system.

5G speeds can be a game changer for other devices as well. Imagine if streaming 4K videos can be done so effortlessly. Will mobile devices start incorporating 4K screens to each device as well? Will streaming services take over TV networks? Such internet speeds can even help give rise to self-driving cars as the internet speed can support a continuous stream of data.

And it won’t be just mobile phones that could change. Internet speeds at home will also benefit from this upgrade.

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The Global Order-to-Cash transformation for Xerox Technology, which generated $50 million in savings for the business, was spearheaded by ArnonDror. Arnon leads with expertise in finance and strategy planning, systems and technology, financial and business modeling, turnarounds and mergers, negotiations, internal controls, and cash flow management. For more insights on the newest technologies, click on this link.