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Reducing the compensation of a CEO by half is not an easy decision. But for board members with shareholders to consider, tough decisions like these are sometimes necessary.
The stories I have chosen to tell are not easy for me to share. These are not my proudest moments, and I usually prefer to wear my confident, professional persona for public consumption.
It’s the new adage of the marketing world: the secret to happiness is spending money on experiences, not things. While the desire for the latest gizmo has long fueled a culture of consumption, lasting memories can make a business a winning one.
If being stuck in traffic has you tearing your hair out, you’re not alone. Modern motorists are saying no to traffic jams, road rage, and high gas prices with fewer drivers on the road today than in 1995.
When comedian Jim Gaffigan takes his young brood on vacation, it’s usually in a giant tour bus between stops on his North American touring circuit. The sleep-deprived father of five, with kids ages one through eight, is best known for his riffs on iconic American food products. But these days it’s his daily observations on parenting that draw the biggest laughs.
Recently appointed as dean, Lee Perry has lofty aspirations for the Marriott School.
Capturing the spirit of the season—and the good-natured personalities of the deans—the Marriott School’s Christmas cards have delighted friends, colleagues, and school supporters for nearly fifteen years.
Gone are the days of travel agents, movie rental clerks, and meter readers. In their place a host of new careers are generated every year, and job seekers must come prepared to fill fresh opportunities.
There’s no better way to hone business skills—and experience a new culture—than working abroad.
Following the crowd isn’t usually a good idea, but entrepreneurs can generate serious capital by jumping on the crowdfunding bandwagon. That’s the premise of an innovative new course at the Marriott School.
It was an April evening in 1964. J. Willard Marriott had been chosen to receive the coveted Exemplary Manhood Award—the most distinguished award given by BYU students to a person of their choosing.
Peter Madsen takes the admonition to turn lemons into lemonade quite seriously. In grad school Madsen, now a Marriott School organizational leadership and strategy professor, became fascinated with how organizations learn from catastrophes. “Most of my research focuses on how they deal with and try to prevent rare, bad events,” says Madsen, who earned his PhD at the University of California, Berkeley. “Whether mistakes happen internally or externally, companies can glean information that allows them to reduce their chances of being involved in accidents.”
Class begins with everyone looking intently at the same spreadsheet on their laptops. Today’s task: learning how to calculate financial ratios like debt-to-equity, asset turnover, and net profit margin—with the click of a button.
Growing up in Central Florida, Erik Jacobsen pretty much knew he wanted to be a cowboy by the time he was twelve or thirteen years old.
There are ninety-five beautiful and bright days this year to revel in the pleasures of summer.