“The basic employment relationship between workers and employers has broken apart.”

Professor David Weil on his new book, "The Fissured Workplace: Why Work Became So Bad for So Many and What Can Be Done to Improve It." Learn More.
The ranking of SMG’s executive MBA program in New England, according to the "Wall Street Journal"

“Many bankers continue to behave as they did prior to the financial crisis. Banks and their regulators have to cap bank risk-taking behavior before meaningful change can occur. This is a global problem and not isolated to a few big banks. It’s very troubling.”

Mark Williams, Executive-in-Residence
and Master Lecturer at SMG, to "Bloomberg.com".

In the Money

Within six months of graduation, 93 percent of students in the undergraduate Class of 2012 had accepted a job offer; the mean base salary was $49,807 with an ­average signing bonus of $5,920.

Get Connected

If you want to change direction before 2020 rolls along, now’s a great time to expand your network by connecting with fellow alums.

LinkedIn: SMG

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SMG’s top thinkers share their predictions for the future of business.

7.9 Million Tons Amount of Electronics That Will Be Recycled and Reused in 2025
(an increase of 550% from 2010)

Worldwide shipments of personal computers are expected to fall by 7.8% in 2013, while shipments of tablet computers will grow by 58.7%.

Source: International Data Corporation

The Slog Continues

The economic recovery will remain anemic, predicts Professor of Management Michael Salinger. “We should be pursuing a more expansive fiscal policy than we are,” he says. “The deficit is a legitimate long-run concern, but with unemployment still above 7 percent, now is the time to run deficits to invest in things like infrastructure and education.”

Political squabbling in Washington is the primary problem, he says, but politicians aren’t the only ones to blame: economists haven’t spoken clearly or with the voice of consensus that the public and politicians need to hear.

“An overwhelming majority of organizations will substantially strengthen the connection between their social and financial missions as they seriously and authentically consider what they offer for, not just to, citizens and society.”

Karen Golden-Biddle, Senior Associate Dean and Professor of Organizational Behavior
$5.2M In March 2013, the mobile networking app developer EverTrue, cofounded by Eric Carlstrom (’09), boosted its bankroll with $5.2 million in funding from Bain Capital Ventures.

A New Seat In the C Suite

The CEO, CFO, and CIO may soon be making room for the CSCO: the chief supply chain officer. Associate Professor of Operations & Technology Management Z. Justin Ren says he envisions a not-so-distant future in which companies will increasingly compete with their supply chains, instead of just their storefronts (if they even still have storefronts). As companies turn to their supply chains for added competitive advantage, he says, many will move their top supply chain officer into the executive suite, where he or she can better influence business strategy.

The Next Big Thing

So, you’re thinking of starting a new business? The odds for succeeding are against you: After five years, 55 percent of start-ups fail; after 10 years, the failure rate jumps to 71 percent. In short, don’t bet the house on becoming Bill Gates 2.0. Enough of the pessimism. Lots of entrepreneurs do make it. And not just once. They stomp on the statistics to succeed again and again. What’s their secret? How do they become the hot ticket in business? In 2008, tech expert Peter Wexler (’93) founded the next big thing—that’s the Wall Street Journal’s assessment, by the way. He tells us how he raised $100 million, why most people fail, and what he’s doing to stay at the top.

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“Over the next 5 to 10 years, I believe the desktop computer market will die (or at least dwindle). There is enough functionality available via web-based interfaces, enough storage in the Cloud, and increasingly ubiquitous wireless connectivity. And users are increasingly comfortable with new interfaces and form factors.”

Tim Simcoe, Associate Professor of Strategy & Innovation

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