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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.
It’s a touchy subject—right up there with politics and religion. But obesity reaches high enough numbers and dollars that it can’t be quietly swept under the rug. According to the Centers for Disease Control and Prevention (CDC), 34 percent of U.S. adults aged 20 and older are obese, a looming figure that’s more than doubled since the late 1970s.1 The figure has recently settled after a quarter-century of steady growth, leaving the majority of U.S. adults—approximately 66 percent—overweight or obese, with health care costs continuing to rise with no end in sight.2
Gordon Nichol can’t smell wood anymore.
Some things you just know. For everything else, ask an expert. Six alumni share their smart responses to everyday situations.
John B. Bingham was left scratching his head when the topic of performance appraisals came up during a visit with a consulting client.
By the end of their first class period, MBA students in the power, influence, and negotiations course are engaged in a full-scale, one-on-one negotiation over the sale of a biochemical plant.
Years of planning and effort came to fruition on 24 October 2008 when President Thomas S. Monson dedicated the 76,000-square-foot N. Eldon Tanner Building Addition.
I own two small companies. It’s hard to pay myself benefits, let alone all my employees. The first thing to look at is making sure they are paid a competitive wage, then add vacation/holidays and keep within reason. Next, they might need health insurance, but if the spouse is working elsewhere and is covered, we can sometimes eliminate it. Finally, you might look at adding tax deferred savings plans and insurance. Since both my companies are retail, we offer very steep discounts to employees. It has been my experience that most people working for small companies do not expect superb benefits. Also, in order to keep costs down, you must do a lot of shopping.
A Business Idea Whose Time Has Come