Presentation Slides for Year 1 Lunch Speaker 10152011

1. Black Swans, Accounting Models, & Decision Life Cycles: Insights into the Current Economic Crisis Rodney G. Alsup, D.B.A., CPA, CITP Professor of Accounting ASEBUSS

2. Me What I am: Accountant Observer Consultant Professor Reader Blogger What I am not: Economist Financial Analysts Futurist Forecaster Insider Expert

4. Impact – it carries an extreme impact

6. Balance Sheet Assets ↔ Liabilities ↑ Equity ↓ Income Statement Revenue ↔ Expenses ↑ Net ↓ What is happening?

7. Balance Sheet Assets ↔ Liabilities ↑ Equity ↓ Income Statement Revenue ↔ Expenses ↑ Net ↓ ↓ What if?

8. Balance Sheet Assets ↔ Liabilities ↑ Equity ↓ Income Statement Revenue ↔ Expenses ↑ Net ↓ ↓ ↓ What if?

9. Balance Sheet Assets ↔ Liabilities ↑ Equity ↓ Income Statement Revenue ↔ Expenses ↑ Net ↓ ↓ ↓ ↓ What if?

10. Decision Life Cycle Comparisons This decision life cycle diagram is a simplified version of the OODALoop created by COL John R. Boyd, a fighter pilot (Hammonds, 2002). His original design is more involved and useful for those wanting to explore the OODA Loop and perhaps adopt it as a part of a business school’s strategy process.

11. Headlines This Week

12. High Probability Near-term Outcomes Greece will default French Banks require a bailout US enters another recession (double dip) Elected officials continue with “business as usual” China economy starts to decline Deleveraging becomes a driving force Families Companies Governments (local, state, national) More budget cuts More pain

13. Future Options

14. Some References Endgame: The End of the Debt Supercycle and How It Changes Everything by John Mauldin & Jonathan Tepper Newsletter: Outside the Box by John Mauldin http://www.johnmauldin.com/ Newsletter: Security Weekly by Stratfor Global Intelligence www.stratfor.com Multiple Industry Focused Newsletters http://www.smartbrief.com/signup/index.jsp www.blog.myeemba.com rgalsup@gmail.com

15. My Contact Information RGAlsup@Gmail.com www.SlideShare.net/ralsup