Category: School of Management

Not your grandpa’s labor union

April 6th, 2014 in 2014, Boston Globe, David Weil, Newsmakers, School of Management 0 comments

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David Weil, School of Management

Last month, when the college football players of Northwestern University tentatively won the right to unionize, the ruling by the regional National Labor Relations Board asserted that even though these young men were students at their school, they were also its employees…

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Barra as Change Agent Collides With 32-Year Career at GM

April 3rd, 2014 in 2014, Bloomberg, James Post, Newsmakers, School of Management 0 comments

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James Post, School of Management

General Motors Co. (GM)’s Mary Barra presented herself as a change agent during congressional testimony this week. Senator Barbara Boxer wasn’t buying…

Expert quote:

“First she has to communicate to every person in the company, in every part of the company, that this is a game-changing crisis and not something you can just put a patch on. Anyone who disagrees, they need to go.”

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Bitcoin presents promising (but risky) payment alternative for small businesses

April 3rd, 2014 in 2014, Bitcoin, Mark Williams, Newsmakers, School of Management, Washington Post 0 comments

MarkWilliams1Washington Post
Mark Williams, School of Management

Merchants, entrepreneurs and investors are buzzing about an emerging virtual currency known as Bitcoin, which has been hailed by some as the payment method of the future and cast aside by others as nothing more than a passing craze…

Expert quote:

“A small business owner who accepts this form of payment could see profit margins reduced or completely erased in a matter of days.”

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Pros and Cons of Bitcoin for Small Businesses

April 2nd, 2014 in 2014, Bitcoin, FoxBusiness.com, Mark Williams, Newsmakers, School of Management 0 comments

MarkWilliams1FoxBusiness.com
Mark Williams, School of Management

On Wednesday, experts testifying at the House Small Business Committee’s first-ever hearing on the digital payment method debated the IRS definition — and the pros and cons of its usage for small businesses…

Expert quote:

“Bitcoin has gained increased media attention. As a result, more small businesses view accepting Bitcoin as a way to gain market exposure. Posting a sign on a door front, on a website or gaining local media coverage increases free advertising and brand awareness. For example, Grass Hill Alpacas, a Massachusetts lama farm and purveyor of wool socks, has gained considerable visibility being an early acceptor of Bitcoin.”

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BitBeat: Giving Shoppers a Financial Nudge to Use Bitcoin

April 2nd, 2014 in 2014, Bitcoin, Blogs, Mark Williams, Newsmakers, School of Management, Wall Street Journal 0 comments

MarkWilliams1Wall Street Journal “MoneyBeat Blog”
Mark Williams, School of Management

Less than a week after the Internal Revenue Service caused a stir with its announcement that bitcoin should be treated for tax purposes as property, not as a currency, and so subject to capital gains tax, the House Small Business Committee held hearings into digital currencies’ benefits and risks for small businesses…

Expert quote:

“Bitcoin is seven times more risky than gold and eight times more risky than the S&P 500.”

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Congressional Hearing Explores Costs, Benefits Of Small Business Bitcoin Use

April 2nd, 2014 in 2014, Bitcoin, Mark Williams, Newsmakers, School of Management 0 comments

MarkWilliams1CoinDesk
Mark Williams, School of Management

The US House of Representatives committee on small business held a hearing on 2nd April to discuss the growing use of bitcoin by the country’s small business owners (SMBs), and the pros and cons that using this technology as a payment option offers the demographic…

Expert quote:

“It could be argued that small businesses that blindly accept bitcoin are not actually in commerce but are in the high-risk speculative trading business.”

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Is bitcoin good for business?

April 2nd, 2014 in 2014, Bitcoin, Mark Williams, Newsmakers, School of Management, The Hill 0 comments

MarkWilliams1The Hill
Mark Williams, School of Management

Bitcoin could help small businesses cut costs and lower their prices, but it also presents a number of risks, lawmakers said Wednesday…

Expert quote:

“Clearly, this is not a currency. What this is is a speculative commodity.”

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Starting an Overdue Conversation About Money

March 31st, 2014 in 2014, Bitcoin, Mark Williams, New York Times, Newsmakers, School of Management 0 comments

MarkWilliams1New York Times “DealBook”
Mark Williams, School of Management

There is no end to the disagreements about the importance and usefulness of the upstart virtual currency Bitcoin…

Expert quote:

“The awareness of how we spend our money, and how it flows through the pipes, has totally been elevated as a result of Bitcoin.”

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Barclays Investor Showdown Looms as Targets Elude Jenkins

March 31st, 2014 in 2014, Bloomberg, Mark Williams, Newsmakers, School of Management 0 comments

MarkWilliams1Bloomberg
Mark Williams, School of Management

Antony Jenkins replaced Robert Diamond as Barclays Plc (BARC) chief executive officer 19 months ago, pledging to control costs at the investment bank and boost returns. So far, both goals are eluding him…

Expert quote:

“Barclays is at a critical juncture. Either they follow the Bob Diamond plan of becoming a tier-one global investment bank or abandon the goal and shrink its fleet of bankers.”

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The creative approach strikes a chord with students

March 31st, 2014 in 2014, Financial Times, Jack McCarthy, Newsmakers, School of Management 0 comments

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Jack McCarthy, School of Management

It started out like any ordinary business school lecture…

Expert quote:

“In jazz, there are chords and notes but the performance requires improvisation: the musicians play off each other and play off the audience. That’s a metaphor for the work we do today in organisations. Yes, there are structures for how we get things done but to truly be creative and extend ourselves in business today, we need to build from and with others in the ways that jazz musicians do.”

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