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Fall 2003 Summer 2010 Winter 2003
Entrepreneurship is, in many ways, the lifeblood of our economy. Each year, more than half a million businesses are started, and millions of jobs are created in the United States alone. Additionally, the entrepreneurial itch helps advance technology and diversifies the economy.
I once knew a man who worked for a major oil company. He managed a large wholesale territory that sold fuel and oil products to airlines and other big accounts. Some years ago, the company decided to pull out of his territory. They offered him the opportunity to buy the wholesale business “for a song,” which he readily accepted. He worked diligently and set specific financial goals for his company. He committed these goals to writing on 3x5 cards and kept them in his shirt pocket so he could frequently review them. Everything he did with that business was aimed at fulfilling these goals.
Avid readers are always looking for their next tome. But even if you don’t consider yourself a bibliophile, here’s your chance to find a great read and get lost in its pages. Some of our Marriott School faculty, staff, and students share their favorite books. No more excuses. . . it’s time to read.
If you are like most people, getting up and out the door on time can be nothing short of a miracle.
Give Gary Williams ten minutes to explain Cougar Capital and you’ll be sold. Give him an hour and you’ll not only want to invest but you’ll wonder why more universities aren’t doing the same thing with their business programs. And if you give him two years as an MBA student at the Marriott School you’ll develop such a diverse portfolio of knowledge and skills in venture capital and private equity you might just make a career of it.
The word stress was coined only eighty years ago, yet it is a feeling most people experience every day.
It’s 9:58 p.m. in a small, dark theater. The audience members, an eclectic mix of fashionistas and film fanatics, sit whispering, their faces washed in the green glow of the theater’s exit signs.
Bruce Hymas and his teammates had sixteen connectors, fifty-four sticks, and three minutes. The task: build a tower that holds up a golf ball—and make the tower taller than everyone else’s.
While watching televised highlights from the Olympic Games in Vancouver, I heard a memorable line from an insurance firm’s commercial: “Will this be known as the great recession or the recession that made us great?” This is good marketing copy and also a profound question. We are, indeed, looking out on a wintry economic landscape, and we are deeply concerned about our students and many others who are struggling to make headway with employment.
Assistant Dean Joseph D. Ogden discusses the growing impact of fraud with international fraud expert and Associate Dean W. Steve Albrecht. Albrecht has published more than eighty articles in professional journals and numerous books on fraud, personal finance, and accounting. Throughout his career he has consulted for more than sixty-five organizations including British Petroleum, Bank of America, General Motors, IBM, the United Nations, and the FBI. In addition, he has served as an expert witness in twenty-six major fraud cases, the largest of which was $2.8 billion. Finally, Albrecht has been recognized by Accounting Today as one of the top one hundred most influential people in accounting.
My family and I are very proud to have our name associated with this great school—not only because it’s a terrific educational institution, but because we espouse similar values.
Industrious alaskans have developed unique stress management techniques. Many employers in the northern region give employees “subsistence leave” as a negotiated benefit. How do the thrifty natives use their subsistence leave? They prepare for the cold months ahead by drying and packaging hundreds of fish and enjoy family time together handpicking quarts of blueberries. 
Lessons from Joseph Smith, Lehi, and the Recent Accounting Scandals
Successful organizations are dynamic, not static, always looking for a better way of doing business. With a vision of what they want to become, they set goals that make the vision a reality.