A troubled economy and continuing uncertainty in financial markets have helped to reshape the ways American companies operate and, by extension, employees’ career paths. The days when a college degree guaranteed a high-paying job have largely disappeared, and even people who are in a good job now can’t assume they’re safe. Exploring this new dynamic, Knowledge@Emory spoke with executive coaches, recruiters and educators who are witnessing this shift first-hand. New Year is Time for Making Quality Decisions
With a new year just around the corner, many will resolve to make better decisions. Making quality decisions is a skillful interplay of experience, inquiry, and judgment, all converging to form solutions. According to Michael Sacks and Steve Walton, professors at Emory University's Goizueta Business School, specific strategies can be adopted to make the process more effective. The Art of Making Quality Decisions
Making quality decisions is an intricate tapestry of experience, inquiry, and judgment that converge to form solutions. According to Michael Sacks and Steve Walton, professors at Emory University's Goizueta Business School, there are strategies that can be adopted to make the process more effective. In a Global Workforce, Does An MBA Still Carry Clout?
Technological and political advances are shattering international boundaries, enabling companies to seek out commerce—and to compete—in a way they’ve never done before. Increasingly, say recruiters and others, businesses are looking for savvy MBAs to help them navigate this new environment. But even as demand rises for individuals with post-graduate degrees, there are some troubling crimps in the supply. Experts at Emory University’s Goizueta Business School and industry observers explore the issues. Exploring the Strategic Role and Benefits of Business Case Competitions
Recently, Marietta, GA-based Solvay Pharmaceuticals, Inc. challenged Atlanta area business schools to help guide the company through a real life business issue: how to maintain Solvay Pharmaceuticals’ lead in the testosterone replacement therapy market. Professors and students at Emory University’s Goizueta Business School, along with Solvay Pharmaceuticals executives, discuss the benefits of well-designed business case competitions. How Custom Programs Accelerate Executive Learning
Executives today admit that they are often overwhelmed with the demands of managing through a knowledge gap. How can a company bring the integral members of its leadership team up to speed, and provide motivation and forward momentum in the face of often painful transitions? For companies looking to get a handle on challenging “change management” situations, a customized executive education program may be the most effective choice. Experts at Emory University’s Goizueta Business School and within the business community discuss the benefits of these unique programs. Why Executives Embrace the Benefits of Distance Learning
Distance learning is estimated to have captured as much as 30% of all corporate training in the U.S., but can it effectively support the collaborative learning environment required in a top MBA program? As distance learning gains a foothold on campus, its greatest promise may lie in executive education, where the ability to deliver customized learning at any place and at any time fits the imperatives of the Internet-age workplace. Professors at Emory University’s Goizueta Business School and business practitioners explore the research and realities of information technology-mediated learning. What’s Trade Got To Do With It?
The respective merits of regional trade agreements are hotly debated in economic circles. But how often do business executives get the opportunity to apply in-depth analysis of trade agreements to their strategic planning? Team members in an international economics executive MBA class at Emory University’s Goizueta Business School conducted a month-long comparative study of NAFTA and Mercosur. The resulting paper, “A Comparison of the Effects of NAFTA and Mercosur,” examines the implications for business. The Future of Learning May Lie in Virtual Learning Systems
Whether it be to pursue a degree or simply continue education in a particular profession, many adults are opting for technology-based training programs. In research circles, distance education falls under the heading of Virtual Learning Systems, defined as information-technology environments, in which the learner’s interactions with learning materials, instructors and/or peers are mediated through technology. In their paper “Virtual Learning Systems,” Maryam Alavi of Emory’s Goizueta Business School and Dorothy Leidner of Texas Christian University speak to the increased use of virtual learning systems in higher education and adult training and development, and how best to make this approach to learning effective. How Technology Is Changing Business Education
Today, more than ever, business and management education must rely on information and communication technology to facilitate and enrich the learning experience. Several business schools and universities have been making such efforts with varying degrees of success. What methods work best in this field? A research paper by Goizueta’s Maryam Alavi and Brent Gallupe at Queen’s University shows that the answer is far from simple. How an E-learning Company Taught Itself the Internet Funding Game
The business climate for companies today is a little like playing Pac-Man, says Alec Hudnut, CEO of the e-learning company Quisic. In other words, it’s eat or be eaten, and success depends a lot on how you handle the whole question of funding. Hudnut talked about the Internet, the corporate training industry and the evolution of Quisic at Wharton’s e-Commerce Speakers Series. Just-in-Time Education: Learning in the Global Information Age
Is the lecture hall outdated? Management education needs to be radically rethought for an Internet age, becoming more customizable, with delivery anytime and anyplace, and more applied, interactive learning. Two Wharton professors, Jerry Wind and David Reibstein, discuss a new paradigm for management education facilitated by advances in information technology and how it might be integrated into a decision support system. Wind is also leading the creation of a program that attempts to implement these principles in practice. Risk Management: Adding Information to Intuition
As more firms move beyond risk assessment into risk management, the need for increasingly sophisticated analyses, including simulation models, is crucial. A three-day executive education course at Wharton, Decision Models for Management, tackles many of the challenges that risk managers confront on a daily basis, ranging from product mix decisions and applications of optimization models to operations management and marketing, portfolio optimization and yield management. Mining Data for Nuggets of Knowledge
Almost every company these days collects reams of data about its customers and their transactions. The coming of the Internet has made this task both easier and faster. But how can companies drill through these mountainloads of data to unearth crucial insights and knowledge about customer behavior and market trends? Jacob Zahavi, a visiting professor at Wharton, and his colleagues Lyle Ungar and Robert Stine, plan to address the challenges of data mining in a short course at Wharton next month. So Your Sales Went Up? So What?
Do increasing sales mean that a company is in sound financial health? Not necessarily, replies John Percival, an adjunct professor at Wharton. Rising sales combined with high accounts receivable could mean that customers are buying products but not paying for them. “Increasing a company’s sales means a corresponding increase in costs for such things as production equipment, labor and inventory,” he says. “A company should concentrate on sustainable growth, which is characterized by increasing profit (as opposed to sales).” Percival teaches a six-week course about understanding financial statements, which addresses these issues and more.