From the Northeastern Section of the ACS, focusing on career management and development

December 2021
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Watch-Outs 63. Tax Inversion Consequences, Personal Mission Statement, Missing Microbes
Filed under: Position Searching, Mentoring, Mature professionals, Post-docs, Observ. Trends, Undergraduate majors
Posted by: site admin @ 5:20 pm

It is in the news daily.  The corporate M&A moves
by a number of large firms to avoid 35% US
corporate tax rate is poignantly described in an Economist
.  A link offers caution to investors about
consequences of the inversion.

We had a seminar about ‘Mission statements, goals,
objectives and development plans’ a couple of weeks back.
A recently uncovered blog offers positive insight into
tactics for individuals just starting to develop personal
mission statements

We have mentioned one of the curious areas of research
is in dealing with antibiotic-resistant microbes.  A link
provides untold stories of how important our microbiome is.
Our micrbiome is the complex system of bacteria that live
in on and around each one of us.

SOURCE  L. Saunder,
WSJ, August 2, 2014, p. B1
How to Ease the Tax Hit from an inversion
There are a series of unintended consequences from mergers
like AbbVie-Shire and Medtronic-Covidien.  Ms. Saunders
writes inversions will be unwelcome for long-term investors
who were planning to hold their shares for estate planning
Some shareholders in firms that do inversions will
owe taxes they would never have had to pay.  Tax advisors
indicate that stock in taxable accounts should be evaluated
with careful planning and investors be prepared to act.

Three common tactics in the short term are discussed.

SOURCE: Catherine Rains, Writing a career mission statement,
Using your results from MBTI and Strong indicator tests, she
suggest how you can fashion your own mission statement at
an early career point. 
This is when each of us are most uncertain.
I found this most thoughtful and engaging.

SOURCE:  M. J. Blaser,
Missing Microbes:  How the overuse
Of antibiotics is fueling our modern plagues
, Henry Holt and
Company, NY, 2014

Your body is composed of an estimated 30 trillion cells,
but is host to more than 100 trillion bacterial and fungal
cells.  Thus, 70 to 90 % of all cells are nonhuman.  They
reside on every inch of our skill and in all organs.

Most of the time doctors have no idea if a patient’s illness
is caused by virus or bacteria.
Doctors have very good reason to reflexively prescribe
antibiotics for many upper respiratory tract infections–
fear of rheumatic fever.  Untreated strep can cross react with
a child’s heart muscle, joints, skin and brain…

Doctors prescribe antibiotics for strep to ward off rheumatic
fever.  While the body’s natural defenses might treat the
illness, people inevitably think that the antibiotic had made
them well.  A situation where correlations does not mean
cause and effect.

Young adults in US between 20 and 30 receive 30
courses of antibiotics before the age of 40.  Many of the
young women will be mothers and the antibiotics may affect
the next generation.  implications of this course of action
may effect obesity, asthma, cancers, GERD, CRE.

Very powerful reading for biotech and pharma workers and
interested parties.

3 Responses to “Watch-Outs 63. Tax Inversion Consequences, Personal Mission Statement, Missing Microbes”

  1. site admin Says:

    Companies that are considering or have INVERTED listed
  2. site admin Says:

    C. Rains, Developing Personal Mission Statement
    for early in your career

    1. Use the middle two MBTI Myers-Briggs preferences to
    describe your emotional profile, for
    Sensor-Thinker: getting it right,
                 Being proficient,accurate and efficient,
                 Being practical
    Sensor-Feeler: provide practical service to others
                 Making people’s lives better
    Intuitive-Feeler: Making meaningful difference for people,
                 Helping people fulfill their potential
    Intuitive-Thinker: Big picture thinking,
                 mastering knowledge,
                 Having high standards of competence

    2. For people who select STEM fields, generally three
    themes provide motivation.
    They are one or a combination of
    - investigative: for research, math, and science
    - enterprising: for management, sales, entrepreneurial ventures
    - social: for teaching, healthcare

    3. Combine the preference in (1) with the motivation
    in (2) with what you want to accomplish or problem
    you wish to overcome.
  3. site admin Says:

    Related to your Mission is your Personal Development Plan.
    When you are in a position where there is an organizational
    mission, goals and outcomes, your development plan focuses
    on what you want to usefully develop to achieve.

    In your “perfect world” where everything goes right at first try
    you construct a “Z Plan.”  Imagine that all things are possible.

    Project five years into the future and your life is perfect.
    What would have to happen to create the perfect future?
    What would your perfect future look like?
    What would you be doing?
    Where would you be doing it?
    Who would you work with, what is your level of responsibility?
    What kinds of skills and abilities would you have?
    What goals would you be accomplishing?
    What level of status would you have?

    Your values determine your beliefs.  Your beliefs determine
    your expectations.  Your expectations determine your attitude.
    Your actions will ultimately reflect your innermost values,
    beliefs and expectations.

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