Forget projectors, ink-smudged fingers, and dry erase markers that run dry halfway through a sentence. Offices and educational institutions should enjoy the ability to create stunning visuals which deliver impactful and motivating presentations. Additionally, interactive whiteboards are a fantastic and modern way to motivate teams, inspire collaboration, and drive engagement in audiences.

RJ Young works with Ricoh to provide state-of-the-art interactive whiteboards for a variety of clients, industries, and educational institutions. Read on to learn how interactive whiteboards can revolutionize participation in a classroom or office.

Features of Ricoh Interactive Whiteboards

Ranging from 30 to 80 inches wide, Ricoh’s line of high-quality interactive whiteboards can meet the needs of large and small establishments. In addition, every device comes equipped with productivity amplifying features.

Users can enjoy the following features:

1. Workflow and Connectivity

Each whiteboard display supports an interactive experience by using touchscreen annotations. They also use apps to streamline productivity and connectivity with other platforms. As a result, enjoy full integration with Microsoft Office and connect with all devices to keep the workflow smooth and uninhibited.

2. Collaborative Capabilities

Create annotations and share screen images with remote users in real time to enhance the collaborative powers of a team. Leverage Ricoh’s Intelligent Workplace Services to create a comprehensive digital collaboration environment, which drives productivity and innovation.

3. Open Architecture

Additionally, all whiteboards come with Ricoh’s Embedded Software Architecture — this software helps maintain application compatibility across devices that many offices may use. The open nature of this software means numerous third-party solutions can also integrate flawlessly with Ricoh devices.

What To Consider When Choosing an Interactive Whiteboard Solution

The power and versatility of interactive displays have made them widely popular, leading to a vast array of offerings on the market. When choosing an interactive whiteboard solution for a classroom or business, consider the following:

  • Audience size. Consider how many people will need to interact with it. Undoubtedly, devices which support multiple simultaneous functions enable more collaboration.
  • Connectivity. The ability to link to numerous devices at once allows the audience to watch the presentation on their own devices. This benefits large lecture halls, or meeting rooms where everyone wants to take their own notes.
  • Space size. Interactive whiteboards range from 30 to 80 inches wide. In other words, this impacts how far it can be viewed from, and where viewers should – or should not – sit.
  • Software and apps. A classroom will require different apps and programs than an office. On the other hand, an office might find the ability to integrate with other document management platforms advantageous.
  • Durability. Above all, interactive whiteboards in a classroom setting must be durable to withstand student use. In other words, higher-end interactive whiteboards will find a better home in offices that want to wow clients.

RICOH Interactive Whiteboards Amplify Learning and Teaching

Interactive whiteboards in the classroom bring a variety of benefits to students, teachers, and schools. Here are three reasons why classrooms should embrace this modern technology:

1. Facilitate Active Learning

Students who are engaged with the material learn better. Furthermore, interactive learning encourages students to take an active role in the classroom. This is scientifically shown to increase learning and knowledge retention.

2. Encourage a Technological Culture

Technology in the classroom is a contentious topic. However, it is a healthy disagreement about whether or not it belongs there between teachers and students. Nonetheless, the presence of an interactive whiteboard in a classroom sends the message that an educational institution embraces technology. Interactive whiteboards also create a forward-thinking and modern culture which reflect the expectations of students.  

3. Assist with Lesson Structure

It is not just businesses who can leverage the app and connectivity capabilities of the whiteboards. Teachers can also put these tools to use to create new and exciting lessons — faster, and for less work.

Interactive Whiteboards Drive Productivity at Work

It’s not just students who get bored with one-way communication and lackluster dry erase scribbles. Interactive whiteboards bring many of the same benefits to the workplace, with the additional benefit of supporting current workflow processes which are already in place. Thoughtfully deployed interactive whiteboards in the workplace are beneficial in the following ways:  

  • Transforms lectures into brainstorming sessions that involve all participants
  • Keeps everyone on the same page with real-time file sharing
  • Supports annotations to help prevent details from slipping through the cracks
  • Connects with mobile devices and laptops to fit seamlessly into a workflow
  • Improves the quality of meetings and training sessions
  • Puts an impressive foot forward with current and future clients

Interactive Whiteboards: Technology for 21st Century Presentations

In conclusion, Interactive whiteboards are a low-disruption, high-impact update for offices and lecture halls. Create an atmosphere of motivation and forward-thinking by using an interactive display to transform presentations.

RJ Young helps businesses and educational institutions make the best selections for all of their technology solutions. Contact an expert today to start a discussion on how interactive whiteboards can benefit you.

As you contemplate additional revenue growth through acquisitions, consider these key questions each time you evaluate an acquisition target.

• Why are we buying this company?
• What is the value of this company to our enterprise?
• What is the correct structure for this transaction?
• How will this acquisition be funded?
• How will this acquisition be managed once acquired?

How do a willing buyer and a willing seller arrive at a transaction price?

A voluntarily transaction occurs when both the buyer and seller believe they are receiving a good value in the transaction.  It is beyond our scope to fully explain the concepts of reservation price, economic surplus, buyer’s surplus, and seller’s surplus, but references are provided below.  In general, you are willing to purchase a business if you believe the cost is below the value of the business to you, and the seller is willing to sell when they believe the proceeds are greater than the business is worth to them.

The underlying value of the business to the buyer and the seller relates to the value of the cash flows received.  Simply put, how much cash will this business deliver at what dates in the future?  What is the reliability of those cash flows?  What cash will I need to contribute to make those cash flows occur?  At what rate should I discount cash inputs and receipts that occur at a future date?

The seller should have the ability to project future cash flows as the business is currently configured.  The buyer should be able to consider why the company is an acquisition target and project future cash flows that will occur if the business is operated as planned.  If the buyer’s calculations of future cash flows exceed the seller’s calculations after adjusting for risk and cost of funds, a transaction should be possible.

These transactions are often communicated as a “multiple”, referring to a multiple of EBITDA.   In a given industry, certain multiples become the norm in a period of time.  For example, HVAC contractors may change hands for four to five times EBITDA.  This compensates the current owner for the cash-flow generating ability of the business, while allowing the new owner an opportunity to increase EBITDA in order to increase the value to the company.

Next:  What is the correct structure for this transaction?

Read more about RJ Young’s acquisition of Caldwell’s Office Outfitters in this post and other previous acquisitions on our site here.

 

Sources:

Reservation price, economic surplus, buyer’s surplus, and seller’s surplus defined: Ben S. Bernanke and Robert H. Frank (2004). Principles of Microeconomics, Second Edition. New York, NY: McGraw-Hill, p 81.  Also, http://bit.ly/EconomicTermsDefined .

EBITDA defined: Robert T. Slee (2004). Private Capital Markets: Valuation, Capitalization, and Transfer of Private Business Interests. Hoboken, NJ: John Wiley & Sons, Inc., p 63.  Also, http://bit.ly/EBITDAdefined .

Fifty-five percent of executives surveyed believe that mergers and acquisitions will add more than 5% to their company’s revenue growth over the next two to five years (Deloitte, 2010).  Twenty-five percent believe that mergers and acquisitions will add more than 10% to their company’s revenue growth within five years.

Your sales and marketing teams are already focused on organic growth, whether through capture of additional market share or development of existing customer business. As you contemplate additional revenue growth through acquisitions, consider these key questions each time you evaluate an acquisition target.

  • Why are we buying this company?
  • What is the value of this company to our enterprise?
  • What is the correct structure for this transaction?
  • How will this acquisition be funded?
  • How will this acquisition be managed once acquired?

We’ll take a look at each of these questions together over the course of several posts.  First, let’s look at one of the most basic yet frequently overlooked questions, “Why are we buying this company?”

An acquisition should occur only when all other means of achieving a corporate goal are inferior. For example, if the corporate goal is to increase profitable sales and that goal can be more readily accomplished by additional sales or marketing investment rather than an acquisition, the acquisition should not occur.  If the corporate goal is diversification of activity, the acquisition should be viewed as a more effective entrance into the new line of business than a startup effort in that field.

Recently Google reversed the standard “If you can’t beat ‘em, buy ‘em” acquisition slogan when Groupon refused Google’s $6 billion purchase offer (PCWorld.com, 2011). Google had been motivated to acquire Groupon as a “platform”; a business upon which to build its own daily deal offering.  When Groupon refused Google’s offer, Google abandoned its acquisition plans and developed Google Offers as a competing deals site.

We can infer Google believes it can accomplish its daily deal corporate goal for $6 billion or less. Otherwise Google would have increased the offer.

Next:  How much?  A look at acquisition values from both sides.

Read more about RJ Young’s acquisition of Caldwell’s Office Outfitters in this post and other previous acquisitions on our site here.

 

 

Deloitte. “Corporate Development 2010: Refining the M&A Playbook, Survey Results”. http://bit.ly/deloittecorpdev April, 2010

PCWorld.  “Google Says: ‘If You Can’t Buy Groupon, Beat ‘Em’”.  http://bit.ly/GoogGroup April 21, 2011.