of the creaking door. This is your host to welcome you into the Inner Sanctum for another visit with your favorite character. We're back again with a familiar subject, murder. Ever want to find out how scared you can get? Well, suppose you hang around for a while and when the show's over, I'll cut you down. Suppose we get down to brass tack, and I do mean the ones that go around the edge of a coffin. In a tiny cottage lost in a wild desolate section of rural New England, Ellen Richard sits in the chair, listening. Approaching 60, white-haired, will eyes that dance nervously in the fire light? She listens. She hears the wind weeping and moaning, grim heralds of a bleak winter. But she listens for something else. Because I'm alone. What's the matter with you? Number three. Hello, operator. I want you to ring my name, you leisurely Richard. Tell him to come home at once. What's the matter with you?  You must hurry. I'll take you home somewhere to the depot. Call him at the depot.  I hear the boots. The boots. And the chains happening. It's my husband, my step, and he's been dead for five years. And now he's on the landing. And now he's opening the door. And now... Darling boy, it's you. It's you and not the others. Really, I don't quite understand. Dear boy, you must forgive me. I'm hysterical. Just be patient with me. I'll be all right in a minute. What's wrong? What happened? Let me hold your hand. Oh, just knowing that you're here makes me feel better already. I thought I'd go out of my mind.  Now if you'll only tell me when. Wait a moment. Do you hear anything? Just the wind? That's all. Oh Leslie, you mustn't leave me alone ever again. I think we can't bear to be alone. But I just drove to the station to get Miss Morrill. Darling, you're in a terrible state. You really must sit down. I'll get you... No, no, no. I'll be all right. I'll be all right. Where's Miss Morrill now? She went through the side entrance in her room, I guess. I think I'm going to discharge that girl. Why? Oh, I don't know. I see she doesn't belong here. I don't like strangers about her. Really, Andy? You're being silly. You can't bear being alone and now you want to discharge your companion. Well, you're here now. But I can't be with you all the time. Leslie... But you almost never leave the house and someone must go out to get things done once in a while. Oh, yes, I suppose you're right. And it won't do you a bit of harm to go out once in a while to the movies in town or maybe New York for the theater. No, no, no. But Ellen... Don't you dare suggest that again. You but never suggest that again, do you hear? But why? Why must you stay here locked up in this house? Because... Because ever since my husband disappeared, I vowed... Oh, what a news she wouldn't understand. I think I would. Oh, no, no. You're young and handsome and charming and there's no use troubling you, it's all that. Yeah, I feel ever so much better already. No, dear Leslie, you don't know what you've done for me. Really?  I know it must be trying for you. It's really lots of fun. I'm having a fine time.  Why, if Uncle Gregory were here and could see you now, he'd fall in love and marry you all over again. Why do you say that? Just to make you laugh. Oh. You're very laughing. See, you're laughing. That's better. Leslie, you won't go away ever, will you? What an idea. You're my only living relative. I'll remember your kindness when I'm gone. You'll be wealthy very well. Here, now, what kind of talk is this when you're gone indeed? Well, we're going to have grand times here forever and ever. Now you go to bed and sleep away all that foolishness. And here's a kiss for a pleasant dream.  I'm too tired to wait. Good night. Vabra? Come in. Don't tell me about it. Don't say anything.  Oh, dear. Oh, Leslie. I could hardly bring myself to come back here tonight. She's so hateful and cruel. Vabra, don't. She may hear you. I'm sorry, but how much more of this do you think I can stand? This house will drive me as mad as she is. Please, dear. All right, all right. It's all seemed so senseless.  Oh, no, I haven't any money, but I'll get some. I'll get a great deal in as soon as I do. But I want to know it when, when? Tonight. Perhaps. You'll hear it. Oh, thank heaven I'm not the only one. What is it? It's Gregory. Oh, no, eh? I know it. That's the way he used to walk around the house, chatting with his friends. No, that's not it. But I know I paid it before while I was alone. He's come back somehow. Oh, Leslie, he's come back. Then why should he do this? If it's Uncle Gregory, come back while he'd come right in the front door. But don't you see he can't. He's been dead these five years. He told me he didn't. I know. I know. I, I didn't want to shock you. I, oh, Leslie, how much can I trust you? Trust you? Why, Auntie, you know there isn't anything I wouldn't do for you. Anna, listen. Where is it coming from? The living room. Give me my robe. But I don't see why you must get out of bed. I must know about this. I can't leave this house, Leslie, and if he's here... Why can't you leave it? You can sell it and go away. You don't understand. Yes, the living room. We're going in there. I'm not afraid to face anything if you're with me. Now come. Very well. Is he anything? There's nothing in the car, Anna. But I can hear it. It's closer. There's the living room, not a soul there. Not a soul? Why'd you pick up that fireplace iron? You don't know in a moment. Can you move the piano? These old uprights are pretty heavy, but I think I can do it. There. Don't get that little shovel from the fireplace. Hurry. Don't say I don't understand. What are you doing there? What is it? Some kind of secret trap door on the floor? You're trying to move with that iron? Yes. It's the floor. Oh, here. Let me do it. All right. I think I have enough. There's nothing but dirt under there. Use the shovel. Very well. Leslie, I don't know if... Listen. The tapping is stopped. Yes. Why? Perhaps this is why. Perhaps he wanted me to find his body. He's still there? Look. Gregory! So that's why you never left this house, isn't it? He was lying here all this time. Lying here where you buried him. After you murdered him. Isn't that so? Now, who was bleeding last? Oh, yes. Auntie Ellen, the old darling, just had her nephew dig up her husband from under the floor. If you think she kept him there to make him stay home night, you're wrong. He'd been murdered. And Auntie Ellen's nephew just accused her of killing him. Yes. Yes, I killed him. Leslie, you mustn't tell anybody. I know you won't tell. Oh, it's been horrible living all these years with him right in the same house. I could never leave someone like Feintim, you see. And every time I heard a noise in the house, oh, it was frightful. I should think so. That's why I sent for you. I couldn't bear it alone. Now you know my secret, and you will help me. Will I? Of course, dear Leslie. Won't you? Oh, it's Miss Barrow. Don't get her through. It's quite all right, Auntie Ellen. Come in, Barbara. No, no, you can't. I've heard everything, Mrs. Richardson. And I know everything. You know? You and Leslie. It was you who made those noises. That cat thing, it didn't start until after you came. Yes, Auntie Ellen. You horrid boy, why did you? How could you do this to me after everything I've done for you? I thought you loved me. I thought... Sit down. No, I will not. Sit down, I said. Barbara, get a check. Okay. What are you going to do? Dear Auntie Ellen, you are going to write a check for $50,000. For you? For me. For the book and the pen. I see it all now. What a fool I've been taking the two of you into my home. And now you do this to me just to get my money.  You have no right to talk. You make him do this. Leslie's a good boy. You found out about this and you put him up to it. I'm going to call the police.   You won't call any police. In fact, you'll tell no one. And you'll write that check. No. Leslie. Yes. You're so quite right. I'm not in a very good position, am I?  After I trusted you. After I... She just stood up and collapsed. Howdy. Howdy, Ellen. Is she dead? Well, she's still breathing. She's paralyzed. This is a boy. Father, call a doctor. I'll fix that floor and push the piano back. You think it's safe? Absolutely. She will say a word if she can die. And if she does tell about the check, who will believe her? It'll be our word against her murderers. Come on, Barbara. We've got to get her well enough to write that check. This is Richard. If you can understand what I'm saying, blink your eyes. Ah, thank you. Well, Dr. Walsh. Well, I can't give you a final opinion yet, young man. She seems to know what we're saying. Why, did it stroke? Possibly. We won't know until I can take some X-rays. It may be simple hysterical paralysis. Doctor, I'd like to know if there's any danger. Danger? Yes and no. Patients have sometimes lived three years after a stroke. I'm going to call in a specialist for consultation. And I'll be back in the morning with X-ray equipment. Or meanwhile, don't move her from that chair. Yes, Doctor Walsh. It was very kind of you to come so quickly. This is Richard's. He's an old friend of mine. Call me at once if she seems to get worse. I certainly will. Good night. Good night. My pleasure. Oh, rotten luck, isn't it? Just when we had... Hello. She seems to be smiling. Don't be careful. She can understand everything you say. I know. And letter. Letter. You won't get away with it, Auntie. We still have you, you know. The will. You forgot about that will. You can't make a new one now. You can't write. And we know your secret. Yes, Auntie. We still have you. No, Leslie. She has us. What are you talking about? You heard what the doctor said. It may be years. We can wait. Can we? Wait here taking care of her, waiting for her to die? You imagine what that'll be like? Maybe you can wait. I can't. Barbara, you must... What's the use, Leslie?  We're worse off than we were before. No, Barbara, you must lose your head. There may be something we can do. What can we do? We can... Yes, Leslie. She got away with it. Why can't we? Look. Yes. I've even thought of a plan. Have you? We can both be away, far away from here in South America, perhaps, when this house can catch fire and invalid unable to move. It can be arranged, you know. Yes, it can be arranged. But are you sure of this will? Certainly. She told me about it a dozen times. Have you seen it? No, but I know. You can't believe what she tells you. You better look. You must be sure of all this. You're quite right. I'm almost certain the well is in her room. I'll find it. You'll see that I'm right. Did you say something, Mrs. Richards? I thought I heard you say something. Why are you looking at me that way? Mrs. Richards, I'm not afraid. I don't care if you heard everything.  You and your orders. Nothing I did was ever good enough for you, was it? Are we telling me I was too common, too cheap for you? Well, I found out what you were tonight.  You want to know something, Mrs. Richards? You didn't figure this out himself. I was the one who was smart enough for that. I kept wondering why you never left this house, why your husband disappeared.  Barbara, what is it? I heard you scream. I... I... There's nothing. Nothing at all. Have you found it? No, not yet, but it's around somewhere, I'm sure of it. Do you want to... No. No. I'll find it in a minute, I'm sure. Mrs. Richards. The chair. The chair has moved. You moved it while my back was turned while I was talking to Leslie, didn't you? Didn't you? The antion from the fireplace. A very minute ago. Did you take it? Did you? No. I found it. She left me having... Andy Ellen, where are you? I'm standing behind you, Leslie. What? Don't move. What? Barbara. She's dead. I killed her. I have the antion here in my hand. Don't move. Andy, now please. Stay on your knees. Just where you are. Very well. If you wish, but... You were very anxious to find out what happened to my husband. Now you shall know everything. In fact, you shall know precisely because the same thing is going to happen to you. You see, I used this very same instrument, this poker. You and she will share his grave. It's all some silly joke, isn't it? You can't do this to me. You know that I love you. Don't move. Don't you see, Andy? If I didn't take put that thing down, you don't know what you're doing. No! I'm sorry to disturb you, Dr. Walsh. This is Ellen Richard. Ellen Richard? I knew you'd be surprised, but I have fully recovered. You were quite right when you thought it was hysterical or paralysis. Well, I thought so all along, but naturally I wouldn't venture an opinion without an expert. But why did it happen? It was a silly thing, I suppose, but my nephew Leslie told me he was going to marry Miss Morrow. In fact, they planned to elope. And that was the shock that brought it on? Yes, Dr. Walsh. I suppose I let myself care for my nephew more than I should. Yes, so I understand. But I'm quite over it now. I sent them on with my blessing. They drove into New York, and they're sailing for South America in a few days. So you needn't come tomorrow evening. All right, Ellen. But your nose must be in bad shape. You better let me give you a check-up. Very well, Dr. I'll come to your house the day after tomorrow. Good night. Good night. Well, there, Ellen, that completes my check-up. And what's the verdict? You've got a constitution like iron. You'll live to at least 110. Oh, but, Ellen, you have to get out of your house. No, now, don't go into that again, Dr. Walsh. When Gregory disappears, I made up my mind I would never leave, and I mean to stick to that vow. That's not what I meant, Ellen. Haven't you heard the news? What news? The news superhighway. It's going to be built right through your property. Your house is dead center of the roadway. They'll have to rip it down. What? Well, they can't do it. I won't let them. Well, there's no reason to be alarmed. You realize a handsome profit for your property. When will these people be around? When are they coming? Well, the surveyors are in the neighborhood now. They may be calling at your house today to examine the property and make an estimate of its value. Today? Well, I must get back to the house immediately. I don't want them to come when I'm not there. Oh, it's cute. You know... Yes? Yes, one moment. It's for you, Ellen. For me? Who is it? Wait. I believe the man said the state police. But what could they possibly want with you, Ellen? And the Ellen's relatives and friends are now all stoned cold dead in the parlor.   Of course, we don't want to alarm you, but crimes like these don't happen except the people like you and you. But not you. Well, friends, it's time once again to close that creaking door. Until next week at the same time when we'll be back with a little hunk of horror. You'll be sure to listen, won't you? Until next week then. Good night. Pleasant dreams.


I'm here at Barclays Center with your New York Liberty and the Dallas wings. My name is Jess Sims And I'm right in front of the brand-new and improved New York Liberty locker room now y'all they designed this locker room with Inspiration recovery and performance top of mind, and it's filled with lots of delicious snacks Let's check it out with our very own Michael Grady getting a tour from the general manager Jonathan Colb Jonathan really excited about seeing this new space. Let's start here real quick. I like this the loud It's who we are as an organization So it's like why not have it right when we walk in right when you walk out, right? You can say it's in your mind, but that's the that's our mantra and it means a lot to us so to have that displayed I think it's pretty impactful for everybody very player first organization. We want to invest here So they invest their time, right? They want to hang out here. They want to work here. And so that's part of it We did we did some research and some work. I think came out really nice So this is our players lounge This is where they can hang out after before practice, you know depending upon the time of day We've got breakfast in here lunch pre-game meal post-game meal So it's a great opportunity for them to come in and just kind of have their own space away from the locker room away From the court. How about these chairs? Yeah, the color this couldn't have been easy Listen, I think we got the best colorway in the league And it props to the people that were able to pick these out because I don't think it's easy to find No came out really nice. So it's Liberty C-Phone green all the way. I love it. I love it All right, so this is the space which I think came out really nice So a few things like one obviously our logo is up top and that's that's pretty intentional You see a lot of locker rooms where you got like a nice logo here in the middle But find it odd that you're stepping on your own logo, right? And then I think I think also it's just a reminder like that's why we're here So that's why that's up there these things obviously got the logo here You've got a Liberty insignia right inside, right? So just constant reminders of where we are what we're doing Sneaker display players love their sneakers. So got them on display for them and that came out really nice This is the shower area right here really nice detail You got some C-Phone accents in there once again Liberty all the way our architect generator studios they're they're run by women And they had the foresight to think about what would a female athlete want, you know in their locker room I thought that was really important. So it's like designed by women for women So right through here is our hallway that connects the locker room to the training room But on the way you've got a ring of honor.  They're right here You know a player walking out of that locker room they're going to the training room and on the way They see this wall and they're like I want to be up there one day So then this is our training room which came out really nice. It's a lot of space Got our head athletic trainer terry akosta coming in here. It's great. You help everybody stay healthy, right? Yeah, for real like this is it So um just making sure that we have enough equipment for everybody so that terry can do what she does We're really Focusing on player health Really revamped our performance team this year and then part of that is this We've got our hot tub and full tubs So, you know pre post practice. That's where the players are and then right through here. We also have our steam room I like this. Tell me about this. Yes a couple of times. So a lot of work went into this It's like who are we right and when you talk about legacy? I think there's a couple meanings to it It's from the past so the people that made this organization what it is today But it's also about creating a legacy for yourself, but with the team Um, but you can't just do that you can say it But like how do you achieve it? And so it's not only about where we want to get to with the journey along the way And so that part of this is is kind of a roadmap on how to Have a legacy here at delivery


Number seven on our list is The Simpsons Movie. Released in 2007 and directed by David Silverman, the movie predicted the rise of streaming services and the decline of physical media. The story follows The Simpsons Family and their adventure in a world where their home town of Springfield is encased in a giant dome by the EPA, which includes a reference of a streaming service that was the future of entertainment. Today's streaming services have become a major part of the entertainment industry, thanks to companies such as Netflix, Hulu, and Amazon Prime. The Simpsons Movie predicted this trend, which is something that was not yet widespread when the movie was released. The film's reference to streaming services, it's more of a comedic throwaway line, but it's a testament to the show's ability to predict future trends. Additionally, the film also predicted the decline of physical media, as seen by the scene where Homer smashes all his family's DVDs, which today is a reality since streaming services have become the norm. The Simpsons Movie was a box-off of success and was well-received by critics.


Let's see how to join. Let me see who is in. We are live. Hello Musin. Good afternoon. Welcome to the session. So we will be starting the session in few minutes time. Just need to wait for some other person who will need to join us to be in. Okay so good afternoon everyone joining us. If you can hear me please type on the chat. So good afternoon everyone joining us. If you can hear me please type on the chat. Everyone joining us. If you can hear me please type on the chat. Good afternoon Pek. How are you doing today? So please can we just type in the chat where we are connecting from today. So please can we just type in the chat where we are connecting from. Okay so we'll be starting now. Welcome once again to this LinkedIn live event. So this session we'll be looking at the best tips to AFM level one certification exam and my colleague Babatope, a master trainer and financial model will be taking us through this session. So I would like to call on Babatope to please kick start the session. Hello Babatope, can you hear me? Yeah thank you very much Samson. I can hear you now then please hear me as well. Yeah I can hear you. So you can proceed with the session while some other persons catch up with us. All right thank you very much for that Samson and good day to everyone of us. Good morning, good afternoon and good evening from wherever you are joining us from. So if you can hear me loud and clear you can just type yes in the chat. Yes I can hear you loud and clear. Can you hear me as well? All right we can proceed with the session while some other persons catch up with us. Yeah I got that, I got that. So if you can hear me loud and clear you can just type yes in the chat. Good morning, good afternoon and good evening from wherever you are joining us from. So if you can hear me loud and clear you can just type yes in the chat. Samson you want to mute yourself, I can hear something good there. All right thank you very much and you're welcome to Financial Moodling LinkedIn Live series. This is the first of this kind and then I hope you're going to enjoy it. But before we dive into this session proper I would like to hear from us. How many of us have heard about Financial Moodling before? You've heard about Financial Moodling before just type yes and if not just type no. You've heard about Financial Moodling before just type yes in the chat and if not type no. You've heard about the concept Financial Moodling or maybe at the point or the order you've built a financial model before or a model just type yes in the chat. Okay Park said no so I was expecting orders as well just a quick survey of my audience. You've built a financial model before of you've heard about Financial Moodling before just type yes and if not you could just type no. Right I think I can only see one response there. All right let's just dive into this session. Once again you are all welcome to a financial modeling LinkedIn life series. Today are we taking us through the best tips that we guide you to ACL FMI level one certification exam. Why I know that some of us don't have basic knowledge of financial modeling based on the quick survey I just did now. I'm also going to be taking us through some brief concepts some knowledge that you need to know about Financial Moodling. But before then just a brief introduction of who we are at Dibran Consulting. At Dibran Consulting we help organizations to achieve more with our data. Then we'll do this in real time we have two arms. We have a training arm as well as a consulting arm. For our training we have a unique methodology that we use to run our training which we call the four A's. The four A's we already start with an assessment you have an awareness you have an assimilation and then we also have an application. In that application that is when we get to know how well you're making use of the skill that you have learned during our training. We also do consulting as well. We develop agile business processes and the solution for complaints. And for our trainings we have a platform where we use to carry out our training that is our learning management system which is our office training hub. You can log into the office training hub for you to have just a glimpse of how you can take a look at the courses that we have. Today what I think is that we will be looking at today very quickly. Well it's not a training right so I'm not here to train us or maybe to facilitate the session but then to make you understand our teams around Financial Moodling as well as how you can ace the exam as well. When you want to take the exam how you want to ace how are you going to ace the exam. Well Irene is the Irene I hope I got your name correctly you also said no so I'm going to try to ensure that I give you a fundamental knowledge of what Financial Moodling is all about and then with this you can as well kick stats your career in Financial Moodling. So very quickly I'll be looking at just a brief about Financial Moodling what is even Financial Moodling you know the first time I heard about Financial Moodling what came to my mind is model you know you see people that are models right and then they go for beauty pageant and all of that that was what came to my mind and then later as when I got to know more about it I was like okay to become a Financial Moodler what Financial Moodling need. Financial Moodling need to know all of this exact formula. Financial Moodling need to to be able to have deep knowledge of accounting what are the basic things that I need to know these I'll be sharing with you today and then in line with this we try to understand the component of a Financial Model as well what are those things that you need to see before you can call anything a Financial Model you know if you see a lady it is very easy for you to identify that oh this is a lady because of those structure because of those body structure because of those physique that we hope you to identify that oh this is a man and this is a woman and in line with that once you've understood what Financial Moodling is the component of a Financial Model there's also any for you to now understand the rationale behind building a model why do we even need to build a model what is the essence of building a model also knowing how to build a model is very nice but then when you are certified to be a Moodler let me say that is the necessary it is it is actually necessary for you to know it but then it is not sufficient you know economists or maybe some in accounting they will always say they have a necessary but not sufficient stuff so it is necessary for you to have knowledge but then you've been certified to become a Financial Moodler that is what is actually sufficient so today i will also be taking us through the modeling standard as well as certification and i will be sharing with us some tips that will guide you to ease the Financial Model exam for those that will still be joining us in the course of this session i will be sharing with us some tips that will help you to ease this exam that is for those who maybe they have knowledge of the Financial Modeling and they are preparing for the exam so some tips i'm going to share with us but then let's get started and look at what Financial Modeling really is when we talk of Financial Model Financial Model is actually a tool that you build in excel you know the tool that will make use of to build our model is excel people call it spreadsheet and the basic objective is for you to solve a problem you want to make decision it all revolves around you making decision so in making that decision there's a need for you to build a model you want to predict to the future you want to forecast you want to understand how your business is performing there is actually a need to build a model so a very simple definition that we like to work with here at the brand consulting is this that the financial model is a tool that is usually built with a spreadsheet when it's a spreadsheet that is the microsoft excel right where some people build it on google sheet as well yes that's right but what we use is the microsoft excel and basically is to solve a problem and that is what it's all about whichever model that you want to build then it must have an objective and this objective is towards you solving a problem and in line with this there's also a need for it to have confidence remember that i told us earlier that when you see a particular thing there is a need for you to okay there are some things that you see in something before you can call it that name now let me even ask us let me ask us when you see a car what makes you call it a car right you see just an object moving what are those things that you see before you can see oh this is a car you can just type in the charts so that will be sure that i have people that are also following as well so what are those things that you need to see before you call something a car maybe you call it motor car or you're very cool or something so what are those things that you need to see let's just type in the charts so i'm expecting the responses when you see a car what are those things that you need to see before you call something a car all right um something i hope they have access to the charts i can't see anyone or i can't hear from anyone so please just type in the charts when you hear a car what are those things that you need to see before you call something a car right i'm still expecting us i want to be sure that at least people are following as well just type in the charts what are those things that you need to see before you call something a car so when i say car that is c a r what are those things that i need to see well i'm not sure i'm getting any response i can't see any response from anyone something can you hear me just want to be sure that people can hear me loud and clear yes i can hear you all right i seem not to get response from anyone is there a way you can confirm that people have access to the charts yes they do they have access to the charts yeah right so if you can hear me loud and clear please go to the charts and tell us what are those things that you need to see before you call something a car right i can seem to have any response but then let's just continue so basically for your model you need your input is that on your input page that is where you have your assumptions what are the things that is going to drive your model you list all your variables out then you have the calculation as well that calculation is what they call the engine room because it is in the engine room that's where you're going to perform your calculation that's where you're going to build all your schedules right all those calculations that you need to bring them into your model and then it is also the calculation worksheet that will link with your input it will link it to your what i mean it fits into your output so it links to your input and then it fits to your output there's now in the output it is in the output that is where you have your financial statements and maybe you now want to perform a bit of analysis and all of that you can see that we have someone who is an aca in the house so i just want you to tell me what are the financial statements what are the type of financial statements that you know just type in the charts what are the kinds of financial statements that you know just type in the charts yes okay arin said engine okay so when is it type of financial statements i know we have about five of them according to the instance of shattered accountants of Nigeria they're about five of them but then just tell me just them you want okay most likely there's a bit of lag there maybe there's a lag in you hear me and the response as well right so when you talk of financial statements you can talk of your income statements that is also what people call the profit loss account you can talk of the balance sheet as well you can talk of the balance sheet that is what we did also know now the statement of financial position and then you can also talk of the cash flow statement as well right the cash flow statement where you see the inflow and the outflow of cash and the two others as well that from there you cannot perform your analysis now there are different reasons why people build models as i've told you that it's all revolves around you making decisions you want to make decisions about valuation you want to understand the value of a complaint you want to know if this complaint is undervalued or overvalued you want to forecast you want to predict what is going to happen in the future you want to also evaluate how your business is performing you want to see how your business is operating this business operating efficiently this business operating optimally these are those things those insights that you really want to get and then this will now guide you in forecasting in predicting what is going to happen in the future right you're going to look at your historical performance right when you're planning your model there's a need for you to look at okay this is what has happened in the past and this will now guide you in now making what assumption and predicting what is going to happen in the future and when you build the models as well you can also build a model to manage your credit risk of course businesses they're exposed to different risk right they're exposed to different risk it could be environmental risk it could be economical risk it could be even structural risk it could be technological risk or a lot of risk right that they may be exposed to now there's now a need for you to do what to manage those risks because there's some risk that you certainly they're going to come right but then there's actually a need for you to now manage those risks so you can also build a model that will guide you as to how you can manage your risk and then people also build the model to raise capital maybe there's a business that you need people to to actually invest in you want to raise capital for your business then you can actually build a model this will give a picture okay this my business it is profitable you will use that to sell your idea outright and then with that you'll be able to raise capital for your business then you want to perform financial analysis as well right going into in the future you want to see your trend what's going to be your trend in the next five years right this we actually hope you now with the knowledge of these right you've known about what financial moving is you've understood the component of the financial model and then you've also understood why people build a model now there's now a need for you to now take a step forward right with the knowledge of that there's a need for you to take a step forward now one thing is I've been knowledge of something and then another side of it is that you are satisfied to do it it's just like a two side of a coin you know you say somebody has in order to do something and then on the other side of it the person has a certificate to actually show for it that who i'm certified to do this thing financial modeling is a discipline on its own as well right it is a profession on its own and then it's also have modeling standard and certification and this certification is in three phases you have the level one which is the AFM the called it advanced financial model then you also have the level two as well which is the CFM according to the shattered financial model and then level three as well which is the master financial model today i'll be speaking about the first level which is the AFM where it is called the FMI level one exam that is the AFM but then i'm just going to give us a brief as to the order to levels as well however all these three levels they are independent of one another what i'm what i mean is that when you are certified to become a financial when you've written the AFM of course you are an advanced financial model you're certified to be what a model now when you now proceed to not write the CFM then you are now certified to become a shattered financial model and then the third one which is the master financial model then when you now write it and you're certified to become a master financial model the AFM focuses on the fundamental skills that you actually require to design and build a fully integrated model so they are going to give you a case study where you need to build a model for scratch rights and with that you'll be able to test your knowledge of you building a fully integrated financial forecast model then the second one is the CFM which i say there's a shattered financial model it will take you through a deep and broad knowledge of the advanced corporate finance take of project economics take of valuation take of up to structure you're looking at budget and acquisition as well as some detailed manipulation topics as well and the third level which is the mfm this one it's actually test your mastery right do you have a mastery of some advanced topic and specialization right where you want to build some specialization even maybe read a stage in talk of film digital technology talk of supply chain talk of private equity earth scale industrial market and the likes of that and this exam when the market the market base on the final fast standard they have this fast standard you know you see there is this thing that where there is no is it where there is no law there is no sin or is it where there is no there is no sin either way you want to see it right but then you know there are some actually laws that actually govern the way we live even in the country you have your constitutions that you need to live by and whatever even in our corporate organizations right we are the maybe your 10 principles that you talk about you have your code of conduct some people call it ethics right that um you actually need to follow so also it when you build a financial model as well your financial model must be built in line with the fast standard right it was built it in the line of fast standard the lawyers you know they have their constitutions that they make use of and then accounted as well they have the IFR that is international financial reporting standard they actually guide them when they are presenting and then they are reporting their financial statement so also financial modeling they have what they call the fast standard and this fast standard fast is not an English word it's actually an acronym which implies that f stands for something a stands for something s stands for something and t also stands for something and when you say that f s f there is that your model must be flexible whatever model that you build you need to build a model that is adaptable for both immediate and the longer term use that this boosts your effort wants to make use of your model the person must be able to run different scenarios the person wants to see different things that has happened you might even be presenting to your management and then your management will say okay okay based on what you presented you've said that our revenue is going to grow by three percent in this particular period that they now want to see what if the revenue grew by five percent and then you don't want to be okay now be changing changing and changing so there's a need for you to build different scenarios and then you also want to build sensitivity in your model as well so if your model is flexible it will allow you to make all of this modification also your model should be appropriate models they are representation of reality you should not over build your model when you have some spurious perceptions or assumptions of your model that could be distracting it could actually be misleading so once you have model that you build ensure that that model is appropriate also ensure that your model is well structured your model needs to be able to maintain or retain its integrity over time whenever you build your model ensure that you have a consistent layout right across your worksheet or across the workbook ensure that you have a consistent layout also your model must be transparent models are not there you don't build model to test your excel skills right so that's not the reason why you build model you see some people when they build model they bring in gigantic formulas they will say if these if inside these are part of that and by the time they want to audit that model even themself they will have forgotten those cheats or maybe those cells that they've connected together or they've linked to right to get those formulas some of them it will even be difficult for them to audit that formula according to the first standard they said what remember a formula that you going to input your model should be so that you'll be able to explain on that 24 seconds and this was at count of 24 seconds you must be able to do or give an explanation to whatsoever formula that you have in your model so whatever model that you build make sure that your model is simple make sure that you have a very clear formula in your model and make sure that it's a model that is easy to audit as well don't have a model that is too long now what are the tips you know I told us earlier that you have knowledge of these there's also a need for you to do what to be certified to do so that you can easily go out there and see that you are certified you have approved that you are a financial model now what are those tips that can help you to ace this level one exam and then when I say level one exam that is the AFM exam what are those things that will help you or will guide you to actually pass this exam now in passing this exam when people when you ask people that oh what are those tips what are those things that they need people will tell you that number one is time that oh it's because I spend longer time building the model that's the reason why I've not been able to excellently get myself to to be prepared for this example maybe that's why the field exam and all of that well maybe or maybe not of course it's something that people will tell you even a motivational speaker can easily tell you that oh your time you need to work on your time and all of that but then there is more to you actually be caring for this exam also people talk of keyboard shortcut as well keyboard shortcut is also nice and is what people say and then even yourself you know that of course when you make yourself a keyboard shortcut that is that we actually save you some time right to do some certain things also people will talk of you having a quiet place a serene place where you can take the exams that there won't be any form of expression I know of a friend when he wanted to write this exam he had to book and will tell to to actually take the exam you understand that was what he did because he needed a quiet place he needed a place that he won't be distracted and then we'll be able to concentrate fully and then people also tell you that practice practice and practice of course why is good for you to practice the question that we need to need to ask ourselves is how do you need to practice when you are practicing how do you need to practice and in practicing the first tip that I will be sharing with you is I need to have a working knowledge of the financial modeling body of knowledge I said working knowledge of the financial modeling body of knowledge and this is what I have added is what it looks like right so you have been in knowledge of the AFM body of knowledge we actually appeal to is the exam and it's just subdivided into I think about five categories I'm just going to run us through it very shortly and the first one is the financial modeling best practices right I told us earlier that the financial that financial modeling is actually a discipline on its own it's a profession on its own and then you need to also have a knowledge of the model attribute as well this model attribute you can see it as a subset of the first one that I've discussed with us and this attribute they are just subdivided into six just six of them and then the first one is that your model should be dynamic and the way you say your model is dynamic which is under the flexible you can see it under the flexible that is that you must be able to make changes to your assumption properly right those assumptions that flows into your model and that is why you call it a model because you can easily make what changes to those your assumptions you want to to to see different scenarios that can actually interplay in your model and the second one is that it's more flexible right you you know you want to make your model so that it is easy for you to expand you want to make a modification both in the short term as well as in the longer term as well also your model will be sweet right and then you know I told us about your model being appropriate your time you see your model shouldn't be clustered with unnecessary details people want to actually flow with your model your model should flow out people or should actually be something that people will be able to think through your model and they'll be able to use it to do their business they'll be able to use it to to what to achieve those decisions that they want to actually make right or to want to actually achieve and also it must be transparent if you don't have some eating formulas there and also your model must be printable certain model to be printable in here development consulting you have a course that we take here that we actually deliver and we're going to teach you all of these I'm still going to be sharing some of them with you but then just for you to know this now your model should be printable make it to be printable but you you set it to be very very printable and then also it must be transferable as well you know when you build your model your model you should be so that you can easily transfer to another person and then it is usable by different people you see before now the way people build model is that after building their model you just copy and paste right just copy and paste and then it is not easy for for people to actually see what you've done right and then some they will do it somewhere right so so your model should be so that you can easily transfer it to some other people and then they will be able to use it now second tip you know number one tip that I told us is that you have a working knowledge of film you should have a working knowledge of the AFM body of knowledge and then secondly you need to take some preparatory course as well you need to actually take a preparatory course because the more you study for these and then you practice for these the more you have a understanding of all you need to actually use this example and yeah different consulting we have this our definitive guide this is a definitive prep guide we prepare you and then you also have a lot of resources as well that we help you to is this exam let me show you one of the resources that we have and then we actually help you when you're writing this your exam so I'm just going to bring that up now and then I'm going to show you how you can make use of it as well that is what we call the mudla exam planner the mudla exam planner is going to help you right whenever you are preparing for the for the exam you see some people they will have come to meet you know me they come to meet me how long do they need to prepare for this exam how many hours do they need to prepare for the exam I mean the truth is that I can't categorically tell you that okay it is two hours I need to prepare for the exam it's three hours I need to prepare for the exam or maybe four hours as long or as much as you can actually prepare please keep preparing you know back then when I was in in the university there was this particular call that I did I read for about 12 hours for it's just a single course I read for about 12 hours for me to actually use this so also when you're also preparing for the exam you need some courses that will guide you so this is our our definitive guide it's actually a very good course that you can take to to to actually prepare for the exam in this course we took the case study and we run you through how you are going to build your model from start to finish we run you through the case study I'm still going to show us an example of a case study that we we we use in our last exam I'm going to show us that very shortly but then let's take a look at this the first one is the AFM Moodler exam planner and the exam planner is actually very very good and very useful for you to do all you need to do you just come here enter your name and what day did you start preparing for the exam you enter it here and when is the exam date you also put out there as well and then you can call this out the interactive checklist the scoring tools as well as well as the interactive eight-week study planner on the checklist when you look at the checklist it's going to give you an overview of all those things that you need that body of knowledge that body of knowledge that you actually need to have knowledge of right that told us earlier that body of knowledge that that you need to that said if you have a working knowledge of the body of knowledge so here we've listed everything out all you need to do is that okay is my am I good with my model with the with the with the with the model officials right am I am I good at this point so if you are good with this all you need to do is just to come here and then click on this button and then select right so if you select zero then is that oh maybe below and you can come here you select one that is that you are near it right and then when you select two then is that oh also you've passed it right and then also you can have is your model flexible in 3d transparent that is called the cost earlier and then transferable when you take our AFM mock exam and then you should take the financial the derivative card as well we're going to share this with you for free but for the AFM exam it's actually free of charge you can always come for it and then we share this with you and then you go to the next one as well your model presentation the model presentation as well so you can always think this as well how you decide and then also present your model and then you also need air that food that food as well you see when you when you when you are deciding your model to be to be in the printable form right you want to include some elders and then then some food tasks in your food tasks maybe you want to include your sheet staff there you want to include that okay the pages there you want to include your pages and yes those things that you just want to include in your in your food tasks so all of those things you also going to see there and then use this to grade yourself right use this to grade yourself so this is actually a very good tool that will help you to plan for the exam also you then go to the next one look at the style and the formatting all right are you now good with your style and the formatting of your model you also proceed to look at that is your model or the model that you built is this something that is now printable so you it's something that oh you are good with this okay get yourself how many minutes does spend doing this how many minutes does spend doing that and all of that just get yourself okay maybe just near and then if you are now good with this 100% just put pass wow very good nice fine and neat you're done with that also you need to work with scenario you see the financial model as well when you when you build it you know you need a tap structure and those are the things that they actually look at they want to see your cover page they want to see your executive summary as well right they want to see those are your assumption the scenarios as well as your models as well and in the scenario and you know i've talked about the scenario and they are on maybe you're looking at the base case you're looking at the best case and then maybe the worst case as well right so one of these i think we're going to share with you when i talk about the tap structure you're looking at the cover and you can have the executive summary those things are way up to summarize the key metrics and you don't necessarily need to over build these as well maybe what you just have there that could be maybe your crush profits margin you want to see your revenue growth as well and maybe you want to also include maybe you want to include your evident margin as well right just just simple things right just include them there as well your assumptions all of those things right these are the things that we're going to share with you when you take the cost and then secondly or maybe the tunnel that i will share with us now is that you need to also take a mock exam you're taking a mock exam we give you a guarantee or an assurance that you are fully ready or prepared to take the exam you get so so you practice and then you're taking a mock exam and you will actually give you a guarantee that you are fully set for this exam remember that i told us earlier that when you say you need like 10 hours to be paid or 20 hours to be paid it's ready to you see some people it won't even take them maybe 10 hours and they are good why not some people if you take them more time to actually be paid for the exam so if you're preparing for the exam a mock exam is a much you can actually take and here at the brand consulting we'll be hosting a mock exam on the 16th of July 2022 it's between three to to 6 30 of course we know that this exam the afn exam itself the left one exam is for four hours but here at the brand consulting in a mock exam we just give you three hours 30 minutes right three hours 30 minutes to view the exam and then what i tell people is that well we tell people here at the brand consulting that practice practice practice to the extent that you can even view the model under two hours with that you have confident in yourself that okay come watch me whatever happened you are fully set and ready for this exam so you need to to to actually test yourself fully and then be ready for the exam so you can join our mock exam my colleague is going to share the link in the chat now that you can use to read is that for the exam also one of the thing that you also need to do is for you to do a kind of self assessment there's a need for you to keep assessing yourself assess yourself three kind of self assessment and how do you assess yourself you also have assessment rubrics as well you you can make it so please try to assess yourself look at the the scoring what is different category right the overall impression the presentation the tap structure the financial statement are you good to go there the model schedules are you good to go there the model construction are you good to go there as well we also have the study plan as well right you study plan that you can easily use to set it okay maybe today this is what you're going to be studying this other day this is what you're going to be doing i mean this you want to use to be here for the exam as well to give each week's plan right so you can actually get all of that these are some of the materials i will be sharing with you when you register for the mock exam and it's absolutely for free a mock exam however if you want to really take a step by step guide as to how you need to be prepared for the exam then you need to take our definitive guide that's the definitive guide is what will actually help you to prepare for the exam and then we'll take you through step by step on how you need to be prepared for the exam let me just show you a sample case study of our last exam okay so let me just minimize this and show you something all right so let me show you this right so if you are following just type your s in the charts and i will show that half people are following me as well so it's connecting talking so if you're following just like yes yes that you are following just type yes in the chart if you are following just type yes in the chart if you're following okay all right just so people are following me right so this is sample of the exam that we do and then we set here different consulting so this is our last mock exam that we did this is the question this is the last question and if you register for that our definitive guide you will have access to all our past mock the previous mock that we've done as well as this solution as well you have access to all of that but then the mock exam is for free you can register for weeks and then my colleague has also okay wow so they have 40 percent of the step-by-step guide are super so just the advantage of that to register to take the step-by-step course that will help you in doing the exam so this is sample case you see we will giving you all the assumptions that you need to actually use so this is it for then we give participants just three hours 30 minutes you know to the area they just give them three hours 30 minutes then it is just similar it is a prototype of the actual exam that you're course we're going to write and then we have two options when you're writing this exam it's either you take it as a prototype exam when it's a product exam that means that you need to share your camera and you join our live zoom class right where you're going to take the exam and then we need to monitor you through the process of writing the exam also because of time differences as well we give opportunity for those who want to take the self-paced option however if you're taking the self-paced option don't do it for eight hours make sure that you time yourself for just three hours 30 minutes try to do it within three hours 30 minutes and when you're done submit upload it when you upload your exam i mean your your is it your trial now we're going to send you the solution to the uh to the mock and then you can always join our review session as well where you're going to take it through everything that is expected to be done so all of the is example of a last mock exam that we did as well just in simulation of the actual mock exam and then for you to also assess yourself you immediately you you've completed the exam there's also a need for you to measure that okay it's very very principal and then one thing that i want to also tell us here is that measure that you also save your model as well now i know of a colleague when he was writing the exam something happened Nigeria them is in Nigeria happened to the person there was the the light went off and then i guess it was using a desktop and everything that was in just went off like that so you you want to ensure that you are saving your model such a person that has spent over two hours writing the exam and the light just went off and you could not recall the what it was doing right so please ensure that you are saving your you saving your model and then your techniques to it as well you can just make it an all to save that every one minute or maybe after some seconds you want your model to be saved all of this will be shared with you when you join our course how you take our definitive guide as well then also make sure that your model is printable open the exam planner to last well take a look at it feel it use it to assess yourself make it to see who are you actually doing well in all of this area right so those are those things that we hope you and then you now score yourself the more you keep practicing with that the more you keep doing that then you'll be good at it and then that will also help you as well right and for some of us maybe you do not have knowledge of financial modeling before you just start in your career i know that some of us when i asked the question earlier you told me that you do not have knowledge of financial modeling so our fundamentals of financial modeling it's actually very good course that you can take to have knowledge of financial model right everything i need to know about financial modeling the knowledge part of it although we went into some skills basically two things i need you need the knowledge as well as the skill right so we did a bit of knowledge then we incorporated a skill of course if you attend this if you take this our course you it will also help you to have the foundational knowledge that you need in building a financial model and what it is that you are in lifetime access to it both are the native guide as well as the fundamentals of financial model you have lifetime access to it thank you everyone for joining me today thank you for joining me today i do hope you enjoy this session so if you have any question to ask is the time that you have to ask your question and so you can just go to the chat to ask your question so if there's any question that's you you want to ask just go to the chat and type your question there so if you have any question you can just type your question all right similar to see any question so most likely there is no question so don't forget that you can take our definitive AFM exam prep course this will prepare you to take the exam as well and don't forget all the tips that i've shared with us why it is good for you to keep the time why it is good for you to to actually get a quiet place that is right but then there's any for you to have number one your working knowledge of the AFM body of knowledge also try to take a preparatory course as well also you also need to do a mock exam try to do a mock exam try to test yourself if you're ready to take the exam and you also need that our planner to last role that we also hope you to ensure that you are fully ready for the exam so why i wait for our questions if you have question please we can just drop your question in the chat all right so if you really enjoy the session just say just type something let's feedback from you all the session for you what i can take away from you for you something is any question all right um it seems that there is no question so hello can you hear me yes i can hear you don't enter yeah no question in the chat you don't know probably there's the typing or there's a lag in the internet let's just give um let's say two minutes there's no question that we end the session all right thank you very much samson is there any question from you samson um no so um so hello what i would like to shed more light on the forthcoming AFM mock exam it's later two months of july so you can just shed more light on that all right thank you very much for the question samson so the AFM mock exam we used to take yeah different consulting we have a mock exam two weeks to the actual exam so i think the next exam is i think 30th of july right hope i'm not mistaken all right so it's just two weeks we do the exam two weeks to the actual exam yeah that is 30th of july so in the in the exam you have two options to take the exam either you want to take it as a self-based or a protected one i would give you three hours 30 minutes to take the exam and you can register for the exam the exam is free it's free of charge you're not collecting anything from you and when you register for the exam begin to enjoy all the free resources that you need to be careful with the exam because here at the brand consulting our we we pride ourselves as being your partner to to success so we try to partner with you we share all the resources that you need to actually make uh to actually succeed in the exam however if you feel that oh there's this some need for you to there's this some lack in one area or the other then our definitive guide is actually a very good course that you can take and also we have a free review session that i'm going to take the following day so after the mock exam once you've done you've done your own beat you've built your own model then you come the following day for the review session that review session is taking back myself and my colleagues who are certified who are certified as a financial model at the meeting the exam and then they're certified as a financial model they're going to take it through all the best practices as well as how the beauty model as well and if you have any question maybe why maybe why beauty model as well right so if you have any question why beauty model you can always come around to ask a question during the review session why we share some others to fit you all right i can see a question from fit fit fit is in graph to know how can i go about registration now yeah i really do not know the registration that fit is speaking to is fit speaking about the definitive guide or she's talking about the fmi everyone exam so i guess i'm she is referring to the um afm mock exam that you just okay all right all right so for the year so that's all right thank you very much and then for the fm mock exam anybody can take it don't write anybody can take it so far as um at least you have bits of exam knowledge you have accounting knowledge you're good you're good to take it anybody can actually take the exam you are free and then we welcome as many people that want to take the exam right yeah that's fine that's fine fit so and then to register for it my colleague has shared the link the my colleague has shared the link to actually register for that so you can just so take the you can just click on the link and then you can also follow us on our social media platform as well to get updated about the the exam how that answers your question fits right okay thank you very much fit thank you all right any other question so you have to retreat these that if you register for the mock exam you have free access to all the resources that you need to get yourself prepared for the exam so give you the planner this planner that i displayed the other time so you have this for free you're gonna give you this for free and then some other resources as well that we help you for the exam you also be having a free you also be having a free review session with a motor and a certified trainer all right thank you very much something i think we're good to go yes thank you babatoper for that wonderful session um so uh i believe if there's no any further question or be ending the session in few minutes all right is there a way is there where the participants can also reach out to us maybe after now maybe some of them that have questions is there where they can reach out yes you can put up your contacts like you know they can add is there is a way maybe the followers on our social media or something that they know how they can easily reach out to us social media or something that they can know how they can easily reach out okay all right to think we're good okay thank you everyone thanks for joining us do enjoy the rest of your day bye for now all right thank you babatoper see you guys later thank you everyone thanks for joining us do enjoy the rest of your day


Understanding the concept of a synergy is central to understanding the process of emergence. This is because emergence involves the creation of some new macro level phenomena that is not a product of the properties of its parts. This new phenomena is instead a product of the synergies between the parts. When people are introduced to the idea of emergence without understanding synergies then everything starts to look a bit mysterious like we're somehow getting something for nothing. But this is certainly not the case. This conclusion is simply a product of how we're looking at the situation. The standard paradigm in science is based upon linear systems theory. We assume that things are linear systems. Linear systems are nothing more than the sum of their parts. The relations between the parts do not add or subtract value to the whole system. Thus emergence is theoretically impossible within a linear system. If we start with the assumption that everything is a linear system then emergence will start to look like some form of divine intervention. But this conclusion is arrived at because of the flaws in our assumptions. Not all systems are linear. All systems that exhibit emergence are in some way non-linear which means that the relationship between the parts adds or subtracts value to the whole organization. And this is what creates the distinction between the micro and macro level patterns. These specific nonlinear relationships between the parts are called synergies. This is why we say that emergence is a process of non-linear pattern formation. It can only happen when there are these nonlinear relations between the parts called synergies. In order to understand how this happens we need to know a bit about the workings to synergies and that's what we'll be covering in this module. A synergy is an interaction or coordination between two or more elements or organizations to produce a combined effect greater or less than the sum of their separate effects. A synergy is a particular type of interaction between parts. It is a nonlinear interaction where the specific way the parts interact creates an effect that is greater or less than the simple sum of their effects in isolation. Synergistic interactions are pervasive in our world. Examples of synergies include ants working together in a colony to achieve results far greater than the sum of their activities in isolation or two drugs having a combined effect that is greater than each taken in isolation or two companies merging to create a more efficient combined enterprise through the combination of their capabilities and resources. These synergies can be understood with reference to linear and nonlinear relations. A nonlinear relation can be understood as one that in some way adds or subtracts value above that of the components due to the specific way that they are combined or arranged. Linear relations are those that simply combine or recombine the parts without the interaction between them changing the overall system. For example a zero sum game involves linear interactions where the parts exchange resources but the overall amount does not change. We're simply moving things around. Thus linear interactions do not add or subtract value above that pertaining to the elements within the system. We simply move things around, divide them up or rearrange them but the combined organization stays invariant. In contrast a nonlinear interaction is one that adds or subtracts value from the whole system. A nonzero sum game would be an example of this due to the cooperation between actors the overall pie can get bigger thus adding value to the combined organization. Synergies define a nonlinear relationship between the parts of an organization. Unlike linear interactions that are context independent synergies are context dependent. The overall value is added out of the interaction between two or more specific parts. With synergies it is the interaction that adds or subtracts value and importantly that interaction is dependent upon the specific components that are combined within it. For example synergies will only occur within a business if the right people are connected in the right way and often in the right context. We cannot just connect any people in any fashion doing so would remove the synergies. Interdependence then is a fundamental part of synergies. The elements within a positive synergy are interdependent in that they have to each perform different functions or roles with respect to each other. For example a football team works synergistically due to the various roles that the members occupy within the whole organization. Moreover not only do they have different roles within the team they are also adapted to and interdependent with the specific characteristics of the other members of their team. If we suddenly switch the quarterback from one team and put them in another we would likely find the overall performance reduced substantially. In this way synergies are always contingent upon the particular context within which the components have developed interdependencies with other elements in the system. This is in contrast to linear relations that do not engender interdependencies. For example in building a brick wall we could just swap out one of the bricks and replace it with another of the same specification. We'll simply move the block from one place in the wall to another this would not affect the overall system and this is an important feature to linear systems that makes them particularly amenable to our standard mathematical framework. This interdependence between the parts within a synergy is a function of the degree to which they are both integrated and differentiated. Differentiation means that the parts are performing different functions or occupying different states with respect to each other. All the players on a football team do different activities. All the bees in a colony perform different functions. The cells, tissues and organs of the human body perform different functional roles. This differentiation means that the parts can focus specifically on a limited number of functions and thus perform them more effectively as they become more specialized. But differentiation is of no use if those different parts cannot then be reintegrated towards performing a collective function. All of the members of a football team or the members of a business need to be coordinated into the common process required to achieve the overall objectives of that organization. Thus integration is just as important as differentiation in that it ensures all the different parts are working together. For example it is only by having the integration mechanism of the market exchange that we can all have different specialized occupations. Without this macro system for integrating all of our different skills we would not be able to specialize. In every synergy and relation of interdependence there is this dynamic of a differentiation between the parts that is to say they must be doing different things or in some way have a different form and structure. But equally there is integration so that they create some combined organization. The degree of effectiveness of the organization will be largely defined by the extent to which this is achieved and how balanced the dynamic between the two is. Synergies can be described as being positive or negative where a positive synergy describes a nonlinear interaction that adds value to the whole organization. A negative synergy is a nonlinear interaction that subtracts value from the whole organization. A positive synergy describes how the combined organization is more than the sum of its parts due to the parts working together constructively. Indeed the term synergy can be defined as a measure of the effectiveness to the joint efforts of various subsystems acting in coordination. Positive synergies are a product of elements effectively achieving both differentiation and integration. For example in the process of brainstorming to come up with new ideas the process will be most successful if given a wide diversity of ideas and the capacity to synthesize those different ideas into a finished outcome. To be successful the team will have to come up with both different ideas and be able to coordinate in synthesizing those ideas into a final solution. The degree of positive synergy in a group can be understood as a function of the level of both differentiation and integration added to how balanced these two are. The more specialized the parts the greater their integration and the greater the balance between those the more functional the overall system will be. The human body can perform the many functions that it can because of both the extremely high level of differentiation between its parts creating interdependency and its capacity to integrate those functions. Simpler organisms lack this high degree of differentiation and integration and thus lack many of the functions of the human body. Likewise the same would apply to a multinational corporation to a production process a technology etc. A modern car delivers much greater functionality than one of 50 years ago but to do this a car today has about 30,000 parts which are all specifically designed to be well integrated into the whole. A computer can perform many more functions than a calculator because it has many more specialized subsystems that are effectively coordinated. Thus it is this combination of differentiation and integration that creates positive synergies and creates the functionality that adds value to the whole organization. This is the origin of emergence but what emerges is the product of many distributed synergies across the system. In contrast to a positive synergy a negative synergy is a non-linear interaction where the combined outcome is less than the sum of the parts effects taken in isolation. A good example of a negative synergy is competition such as an arms race between two nations. It is the specific way the two parties interact that we get the overall outcome that is counter productive and detrimental to all. Another example of a negative synergy would be two creatures fighting over the same territory. Negative synergies can be understood as the failure of the parts engendered in the relation to differentiate or integrate effectively. Either the parts become too different without integration meaning they're doing very different things and can find no way to interoperate or vice versa they become too integrated and similar. An example of the former might be a body of knowledge becoming too specialized without finding ways to interrelate the different domains the result being fragmentation and a reduction in the overall functionality of the system. The same can be true of a family as the members grow up and become focused on their particular lives without being able to find a common ground between them. The whole system of the family would then as a product disintegrate. Worse than fragmentation the parts can end up pulling in different counteractive directions such as in a meeting where the members have different ideas and agendas whilst needing also to find a common outcome thus leading to deadlock and potential conflict. Too much integration between the parts can likewise create negative synergies as all the parts come to occupy the same state with the result being that the full set of possibilities are not explored. A lack of specialization and diversity and that can be crowding out as all the parts try to occupy the same state or function. A good analogy of these negative synergies of both over integration and over differentiation would be the example of free market capitalism and communism free market capitalism over emphasizes competition resulting in a lack of integration ending up with millions of products on the market or competing as they assert their difference and merits while many of them are really the same resulting in an excess of economic activity going into differentiation and a loss of overall productivity. Likewise communism worked in the opposite direction with an overall emphasis on the commonality between people and their economic activities with the result being a lack of capacity to harness the individual's diverse motives.


Boy, how many how many words you haven't smiled and you go what I just want to say set a hat But since you all are playing to watching me. Well, I'm a center This is right now, you don't know where I'm going. Yeah, I need to ask you


This episode sponsored by Aura the smart simple way to stay safe online. I'll you see again when we first started Working on the select committee. We kind of looked at the 9-11 Commission as the gold standard of sort of an example Of what we were trying to do credible non-partisan accounting of what occurred Here we go. Hello and welcome back to all of you I may be shadow ban, but that's not gonna stop me so make sure to keep checking back for new content Even if you don't get my notifications, which you probably won't if you're anything like me And you're sick of the Democrat state media Comparing anyone and anything they don't like to the Nazis and Hitler then I have a totally refreshing new take on Donald Trump from the Threats to democracy over at MSNBC. 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Yes aura is a us-based company with a hundred percent us-based customer support staff That's available 24-7 and aura also does so much more to protect you and your family from online threats that you can't see aura Also offers credit and identity monitoring antivirus VPN password management Comprehensive parental controls and more you get everything at one affordable price and the peace of mind of knowing that plans include $1,000,000 of identity theft insurance for each adult up to five adults in a family plan go to aura.com forward slash drone tech and get your first 14 days free This is a product I trust and you can find that link in the description and pin comment Tim let's start with you Jack Smith takes issue with what he calls Trump's habit of blaming other people for what happened on January 6 I want to read just a little bit more for you from the filing quote The defendant has signaled his intention to blame the events of January 6 on the Capitol police National Guard and the district's mayor courts in this district have overwhelmingly Rejected attempts by other January 6 defendants to shift the blame to law enforcement as a legal matter You led shortcomings of law enforcement do not sanction the defendant's criminal conduct a bank robber cannot defend himself by blaming the bank Security guard are filling to stop him a fraud defendant cannot claim to the jury that his victims should have known better And to fall for his scheme and the defendant cannot argue that law enforcement should have prevented the violence He caused an obstruction. He intended whoo Wow if you were looking for any more signs that our country is on track to a one-party Authoritarian state take a big old whiff of that first of all Donald Trump never told anybody to storm the Capitol or attack The Capitol or anything like that in fact the only person who did that was Ray Epps But these people defend that guy and treat him as if he's a victim of a conspiracy theory Let's face it if he's the guy that incited around 300 people then you can't blame Donald Trump That's because Donald Trump told people to march peacefully and make your voices heard I know that everyone here will soon be marching over to the Capitol building to peacefully and Patriotically to peacefully and Patriotically to peacefully and Patriotically make your voices heard and when Donald Trump posted a video on Twitter telling people to stop Twitter took the video down and banned him As I pointed out in other videos over 120,000 people marched peacefully it was only a relatively small amount of people that actually got into fights with police And what did we learn from years worth of Democrat riots that the media calls these sorts of things mostly peaceful it literally was We're talking around 300 people compared to over a hundred and twenty thousand That's true the other one thousand or so that ended up being charged We're just peacefully on Capitol grounds then had the book thrown at them Well, everybody except for the guy that actually told people to storm the Capitol Ray Epps And again, I have to emphasize if Ray Epps is the guy that did this Well, then he would be to blame and then you got to start asking why the media and the Democrats and the government Didn't want to have anything to do with him Second there are many legitimate questions about what actually led up to the events of January 6th and the powers that be don't want any of that taken Legitimately, especially in a court why you may ask well the Capitol Police chief himself thought the whole thing was a setup They wanted this to happen so they could use it for propaganda just like they're doing now and influence the outcome of the 2024 election and they don't want any evidence of that given any sort of legitimacy look There's no shifting blame. They're blaming Trump and Trump is defending himself. That's how this works But these want to be authoritarians want this to be a commie clown court where Donald Trump is just guilty by default Trump trying to shift blame for January 6 something the January 6th committee itself Grappled with your reaction to this filing. Yeah, I'll you see again when we first started working on select committee We kind of looked at the 9-11 Commission as the gold standard of sort of an example Of what we were trying to do credible non-partisan accounting of what occurred That committee was brazenly partisan filled with hypocritical election denying Democrats and a couple of Trump hating Republicans that both lost their respective elections Just like everything else going on right now It looks more like something you see happening in North Korea or the Soviet Union and not a credible committee In respect with respect to 9-11 the commission found that there were failures of US intelligence that perhaps should have been More acutely aware of the threat posed by al-Qaeda and Osama bin Laden But that did not absolve Osama bin Laden and his conspirators from flying planes into the World Trade Center very similarly here we Hmm There is absolutely nothing similar between 9-11 and a protest that happened at the Capitol found that sure there were Failings of law enforcement to share information to operationalize the intelligence they had about the prospect of violence None of that absolves the proximate cause of the attack on the Capitol, which was President Trump and his co-conspirators Hmm, so we have heard this attempt to shift blame Our committee found that that it did not succeed that the only reason we had a riot at the Capitol was because of the That was the final prong of a multi-step intentional plan to disrupt a joint session and prevent the transfer of power Yeah I'm gonna have to go ahead and sort of disagree with you there They've actually done nothing to prove that Trump had anything to do with the relative handful of people that got violent at that protest And if we're gonna hold Trump to that standard, what does that mean for the Democrats in the media who spread outright lies after police shootings? Causing riots death and destruction of course they won't be held to that standard. That's how this works That's what it's like in a communist authoritarian state as far as these failings by the cops and the government It's becoming more and more clear that it was done on purpose You can't be part of the scheme then investigate yourselves and found you did nothing wrong That's what this trial is supposed to be for but they don't want that They want some kind of monstrosity straight out of the book 1984 That's the entire point of this sham trial which is clearly being run by people just like this guy Who are so blinded by their hatred for Donald Trump that they're willing to walk this country right into the abyss? All right folks, that's all I can take for now But if you're still watching after this long, please go ahead and hit that like button and make sure to keep checking back for more See you all on the next one


These are the A-team of herbs that can help you get to sleep and overcome insomnia. So what are they? Well I'm going to tell you today on eccentric nature. And now the top 10 herbs for sleep. Number 10 Motherwort Motherwort is considered the best herb to help people who get agitated and irritable fall asleep as it is very efficient at balancing blood pressure and erasing heart syndrome. This member of the mint family affects your dopamine levels and can help reduce thyroid activity. So if you have any thyroid problems you're going to want to be careful when taking motherwort. Russian researchers found that 80% of subjects with high blood pressure or sleep problems saw significant or moderate improvement in a low mood and related sleep trouble when they took motherwort. Number 9 Cava Cava I actually thought about not having cava cava on this list. How could you? I know I know. One study found that participants who took cava cava for 4 weeks reported better quality of sleep and even felt more rejuvenated the next day. You see the problem though is that cava cava is a very potent herb and you definitely need to be very careful about dosage and frequency of use. Also cava cava has been linked with liver problems so if you have any liver concerns at all you're going to need to avoid cava cava or consult your doctor before use. Number 8 Hops Hops contains methyl butanol, a chemical that can induce sleep when consumed. You can brew hops and tea, not beer, though the tea can get very bitter so it's probably best to brew hops with other herbs or at least a good dollop of honey. Another popular way of using it is by having your pillow filled with hops. The sleepy time properties of hops have actually been widely in use since the 1900s and physicians used it as a sedative for insomnia caused by worry or weak nerves. Number 7 The California Poppy Consider best for quelling restlessness. California poppies have orange, yellow and red flowers that mainly thrive in dry conditions. It acts on your nervous system relaxing your frazzled nerves so you can sleep. Research also suggests it works similarly to the Cori Dallas flower in that the alkalides in both possess strong sedative qualities. California poppy isn't very safe during pregnancy as it is another one of the very potent herbs on this list so it's suggested that you only really use it occasionally when you really need that special night's sleep. Hey if you liked the video so far please hit that like button and if you haven't already subscribe and hit the bell so you can get further notifications of my videos. Number 6 Magnolia Bark Magnolia is a flowering plant that's actually been around for over a hundred million years and if you're someone who's looking for a sleep supplement and pill form and you'd rather not take a sedative or melatonin then go for a magnolia bark because like California poppy and cava cava you don't need a big dose of it. Magnolia is so effective at promoting drowsiness it is not advisable to take it during daytime or when driving a vehicle. Its sedative effect is likely attributed to the compound Hinokio which is found in abundance in the magnolia plant. It's important to note that while Magnolia Bark shows promising sleep results, if you're on other medications consult your doctor first before taking Magnolia Bark. Number 5 Passion Flower Considered best for waking up in the middle of the night. One study in 40 healthy adults found that those who drank passion flower tea daily for one week reported significantly better sleep quality than the participants who did not drink the tea. Another study compared a combination of passion flower, valerian root and hops to Ambien, a medication commonly prescribed to treat insomnia. The results showed that the passion flower combination was as effective as Ambien at improving sleep quality. Number 4 Lemon Balm Lemon balm is considered the best herb at promoting calm and relaxation. Evidence shows that lemon balm increases gaba levels which means that lemon balm can act as a sedative. Lemon balm can easily be taken as an extract or a tea. Evidence shows that taking lemon balm twice daily for 15 days helped people with insomnia. And one 2006 study found that children who took lemon balm experienced a 70 to 80% improvement in their sleep related problems. I like those numbers. More lemon balm please. Thanks. Number 3 Lavender Of course, like oh my god everyone knows lavender is good for sleep. Well did you know that lavender isn't sedative like many of the herbs on this list? But it is considered one of the best herbs to help you relax and prepare your mind and body for a quality session of sleepy time. A study of 67 women with insomnia found that after 20 minutes of lavender inhalation just twice a week for 12 weeks the women had reductions in heart rate and heart variability as well as improvements in their sleep. Evidence also shows that selects and a proprietary lavender oil preparation may decrease anxiety and improve sleep quality in the people with anxiety or anxiety related disorders. Lavender is considered very safe when taken in proper amounts though as with every herb pregnant women need to be very careful not to have too much lavender. Number 2 Valerian Root Considered one of the best for calming their racing mind. Historically Valerian was used in England during World War 2 to help relieve stress and anxiety caused by air raids. You can find Valerian in capsule or liquid form. Valerian Root is also commonly used as a tea. A study in 128 people found that those who received 400 milligrams of liquefied Valerian Root reported a decrease in the time it took them to fall asleep as well as an overall improved sleep quality. A study supplementing with 600 milligrams of dried Valerian Root daily for 28 days exerted similar effects to those taking 10 milligrams of oxapam, a medication prescribed to treat insomnia. Now it is possible that Valerian can interfere with certain medications. It's also not considered very safe for children or women during pregnancy. Unfortunately many of the studies that have been performed on Valerian Root have been loaded with errors. And they say this makes it really difficult to say for sure that Valerian helps with insomnia. But it does screw that bad research. Honorable Mentions, Jujube Seed, Cori Dallas, Wild Lettuce, Blue Skull Cap, Nutmeg, Ashwagandha, St. John's Wart, Bacopa, and CBD Oil, and the number one herb for sleep, Chamomile. And the big daddy of the top 10 herbs for sleep has to be Chamomile and for one it has the least side effects of any of the herbs on this list. Unless you're allergic to herbs in the ragweed arena, in which case, sorry, you're probably allergic to Chamomile. Secondly, not only can it relax you, but Chamomile works as a mild tranquilizer. Eek! That's unscary. It's not. It's actually good. There are numerous studies on both Chamomile tea and Chamomile extract to help back up its illustrious sleep-inducing power. One study found that 10 of its 12 patients fell into a deep sleep after having Chamomile tea. Some experts say further research is needed. Oh, come on! How much f***ing... Sorry about that. But really, let's give Chamomile its due! As most of the research out there on Chamomile is very positive. And that is the truth. And that, my friends, is the top 10 herbs for sleep. What do you think of the herbs that made the list? Is there something else that you think should have made the top 10? Please let me know in the comment section down below. If you want to learn more amazing herbal benefits, then you should watch the Top 15 Herbs for Anxiety Next or the Benefits of Lavender Tea Next. Please be kind, take care of each other, and I hope these herbs can help you get a full night of rejuvenating sleep.


I think we're at a very exciting time for trauma-informed practice provincially and nationally. I think we're at a place where the understandings about trauma-informed practice from neuroscience are intersecting with indigenous understandings about trauma-informed practice in very exciting ways. And I think it's important for us to understand that the conversation about trauma-informed practice in Canada can also be part of our conversation about truth and reconciliation in Canada, because the reality is that the colonial history of Canada impacts all Canadians, whether they're indigenous or not, right? And this is a deep-seated history with very strong contemporary impacts that we all need to work on together. And regardless of our profession, trauma-informed practice provides us the tools to do that in a coordinated, interdisciplinary, and very effective way.


USS Constitution, America's oldest commission warship, recently welcomed its 74th commanding officer during an onboard ceremony. Constitution is currently in dry dock undergoing a restoration period that is expected to finish in 2017. Navy Week Detroit wrapped up this past weekend. Sailors participated in community relations projects, including helping build homes for habitat for humanity. Navy Weeks are designed to educate Americans on the importance of naval service and help them understand the investment they make in their Navy. Defense Secretary Ash Carter is scheduled to host a live, worldwide troop talk September 1st at 9 a.m. Eastern Time. SecDef will take questions from across the globe via social media. Post your questions via Facebook and Twitter using hashtag AskSecDef or email your questions to AskSecDef at mail.mil. Watch live on Defense.gov. For these stories and more, visit navy.mil.