Lessons Learned From Kodak’s Fall
The winters in Rochester, NY can be long and harsh. I know. My son attends college there. Situated on the southern shores of Lake Ontario, the yearly snowfall averages 92 inches. But the harshness that I am referring to relates…
Unethical Mortgage Practices Caused the Financial Crisis
Unethical mortgage origination practices precipitated a $25 billion settlement with banks over alleged foreclosure abuses, including the use of forged and shoddy paperwork, a practice known as “robo-signing.” The deal will provide financial relief to an estimated one million at-risk borrowers,…
Ethical Behavior Is Good Business: The Fall of a CEO
“We aim for sustained earnings growth in excess of 20 percent, powered by increased revenues and margin expansion. …[Tyco’s] model has produced consistently strong results for well over a decade.” — Dennis Kozlowski, former CEO of Tyco International from page…
The Zen of Leadership
For many businesses, our current knowledge of computing technology, manufacturing processes, machine capabilities, and integrated information systems, will be outdated in a few years. “The only constant we face,” said an ancient philosopher, “is change.” For top management, success depends on…
Business Theory — Business Best Practices
The winters in Rochester, NY can be long and harsh. I know. My son attends college there. Situated on the southern shores of Lake Ontario, the yearly snowfall averages 92 inches. But the harshness that I am referring to relates…
Tim Mojonnier
Business Best Practices For many businesses, our current knowledge of computing technology, manufacturing processes, machine capabilities, and integrated information systems, will be outdated in a few years. “The only constant we face,” said an ancient philosopher, “is change.” For top management,…
Supply Chain Management: When Child Labor is Ethical
Multinational corporations have experienced withering criticism for employing children in Asian factories. On the surface, this practice appears to be unethical. But is it? When we study supply chain management, I engage my students in a discussion of this topic. Here is the…
What a German Master Can Teach Us About Vocational Education and Training (VET)
Mr Milz overhauled this 100 years-old grandfather clock. Despite having an unacceptably high unemployment rate, the US manufacturing sector has over 600,000 unfilled jobs. This is due to the fact that our educational system isn’t producing graduates with the skills that…
What the CEO of Caterpillar Can Teach Us About Our Educational System
OK, wrap your head around this one. There are 600,000 unfilled jobs in the U.S. manufacturing sector, because employers are unable to find qualified applicants. Furthermore, the Organization for Economic Cooperation and Development issued a report indicating that more than…
Leadership
Business Best Practices For many businesses, our current knowledge of computing technology, manufacturing processes, machine capabilities, and integrated information systems, will be outdated in a few years. “The only constant we face,” said an ancient philosopher, “is change.” For top management,…