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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.
How the Marriott School Is Helping Students Land Jobs and Internships
With a smartphone, you’ve got the whole world in your pocket. And with more than half a million apps in the iTunes store and more than 300,000 available for Android phones, wading through the options can be daunting.
During the Clinton administration, Stephen R. Covey heard several family members criticizing the president’s policies.
A Case Study in Workplace Productivity vs. Privacy
It wasn’t love at first sight when Mike Ward saw the fixer-upper on an overgrown lot in La Canada, a suburb of Los Angeles. But behind the weeds, worn siding, and faded paint, he saw something that intrigued him: potential.
CHECKING EVERY WORD
It is one thing to say that ethics are essential in the business world, but it is another to put that concept into practice. In an environment where ethics are under constant attack, there are still some who strive to uphold high moral standards.
I am truly honored and delighted to be here with you on this joyous occasion. This ceremony is called commencement because you are about to commence, or begin, the next stage in your lives. Up to this point most of what you have done is prepare.
Gaining Competitive Advantage in the Online Marketplace
You pull up to seven Gs in a bobsled seven times earth's gravitational pull. It's tough sledding. Fraser Bullock knows that from his experience on the bobsled track at Utah's Olympic Park. He had just signed on as CFO and COO of the Salt Lake Olympic Committee and wanted to understand what it was like to be an Olympic athlete. "I looked in the sled and there were chains, apparently to keep people from climbing out halfway down," he laughs. Bullock quickly discovered why someone might want to climb out. "It was like a monster roller coaster ride times ten," he continues. "And when you get to the bottom, you realize that the difference between gold and silver is one one-hundredth of a second. The expertise of these athletes is mind boggling."
You are a very select group whose contributions in the years ahead will be monumental. I know many of those who will be your teachers and your mentors. You are not likely to understand tonight what a rare group they are.