Category: School of Management

Charge of the Internet bulls

September 29th, 2014 in 2014, Newsmakers, School of Management, Z. Justin Ren 0 comments

RenZ.JustinAsiaOne Business
Z. Justin Ren, School of Management

A few hours before Alibaba Group Holding Ltd made its debut on the New York Stock Exchange, Jack Ma, the company’s founder and chairman, said Sept 19 would be a “life-changing day” for its 20,000 employees…

Expert quote:

“The first is China’s rapid growth. As its share of global GDP grows, its richest billionaires will rank higher and higher on the global list. The second is the explosive growth of the Internet economy in China. As its share of the economy grows, it will spawn ever more billionaires.”

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Fund Manager Sleeman Is Bullish on Bank Stocks

September 25th, 2014 in 2014, Mark Williams, Newsmakers, Newsmax, School of Management 0 comments

MarkWilliams1Newsmax
Mark Williams, School of Management

The KBW Bank (stock) Index has gained 18.5 percent in the past year, and the rally likely has further to go, says Andrew Sleeman, a portfolio manager of the Franklin Mutual Financial Services Fund…

Expert quote:

“The banks extracted billions from unassuming customers, and now Justice has extracted billions of dollars in settlements to make up for that. But corporate executives should not be able to hide behind their companies and have shareholders pay for egregious behavior.”

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Test results can define young careers

September 25th, 2014 in 2014, Financial Times, Fred Foulkes, Newsmakers, School of Management 0 comments

FoulkesFred (1)Financial Times (subscription required)
Fred Foulkes, School of Management

As the graduate recruitment season gets under way, it is time to buff up your CV, line up your referees and dredge up some of those results from school tests you took years ago…

Expert quote:

“The supply of people looking for jobs is greater than the demand and asking candidates to submit their test scores and grades is a way for companies to cut the pile [of applicants] in half.”

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In NFL Probe, Even FBI Chiefs Risk ‘Motivated Blindness’

September 24th, 2014 in 2014, Bloomberg, James Post, Newsmakers, School of Management 0 comments

PostJames (1)Bloomberg
James Post, School of Management

It’s becoming a time-worn script. Company gets in trouble. Public gets upset. Company hires former head of three-letter agency or former prosecutor to get to the bottom of said trouble in thick report. Public forgives…

Expert quote:

“These cases have become full-employment pools for former FBI officials. The pattern has become familiar. There’s getting to be a kind of public fatigue as we’ve seen this play run out again and again.”

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IT new ‘it’ industry for rich

September 23rd, 2014 in 2014, Newsmakers, School of Management, Z. Justin Ren 0 comments

RenZ.JustinChina Daily
Z. Justin Ren, School of Management

Information technology has overtaken real estate as the cradle of the next generation of Chinese billionairesaccording to the 2014 Hurun China Rich List released on Tuesday

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‘Made in China’ online enterprises on global mission

September 16th, 2014 in 2014, Newsmakers, School of Management, Z. Justin Ren 0 comments

RenZ.JustinChina Daily
Z. Justin Ren, School of Management

Domestic Internet giants are dipping their toes in international waters for sustained long-term growth, reports Meng Jing. Chinese e-commerce giant Alibaba Group Holding Ltd has been in the limelight recently with its much-anticipated initial public offering of shares in New York. But its chairman Jack Ma has also been busy making trips to countries like South Korea to expand the company’s flagship e-commerce business…

Expert quote:

“Building a true global company is the dream of many Chinese entrepreneurs. China’s Internet companies, which currently enjoy little brand-recognition overseas, all aspire to become the next Google or Amazon. Expanding globally will help elevate their status.”

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For NFL, real issue is bottom line

September 16th, 2014 in 2014, Boston Globe, James Post, Newsmakers, School of Management 0 comments

PostJames (1)Boston Globe (subscription required)
James Post, School of Management

Roger Goodell’s days are numbered. The embattled National Football League commissioner’s decisions and actions in a crisis will no doubt become the subject of some management case study. But it’s already clear that Goodell has become an indelible part of the problem and not a part of any solution to the NFL’s Ray Rice fiasco…

Expert quote:

“Now the question of his effectiveness is squarely in front of” NFL owners. It probably turns, in a bizarre sort of way, not on the issues of domestic violence. It’s a business decision.”

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Verdict Still Out on Whether Bitcoin Will Catch On

September 15th, 2014 in 2014, Mark Williams, Newsmakers, School of Management 0 comments

MarkWilliams1Milwaukee Public Radio
Mark Williams, School of Management

You may have heard of a fairly new currency called Bitcoin. It’s virtual money – no bills or coins, no plastic cards. WUWM found a few people in Milwaukee who use bitcoin. They hope it becomes more popular, but there are drawbacks…

Expert quote:

“The biggest concern about virtual currencies, bitcoin in particular, is the fact that there’s no consumer protection. So as a consumer, if you were to buy or sell or own bitcoin, if these coins were taken from you, there’s no recourse. So you could actually be completely wiped out and lose everything.”

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After 6-week stall, workers hit high gear

September 7th, 2014 in 2014, James Post, Lowell Sun, Newsmakers, School of Management 0 comments

PostJames (1)Lowell Sun
James Post, School of Management

After nearly six weeks off the job, many Market Basket office workers couldn’t even wait for the sun to rise to show up to work the morning after a sale of the company to Arthur T. Demoulas was agreed to late in the evening on Aug. 27…

Expert quote:

“Market Basket will be a debt-laden enterprise that will have a tough time making payments while also keeping good wages and benefits for associates, fair deals with suppliers, and low prices for customers. Something in the traditional success formula will change.”

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Court rules for Yelp in suit over online ratings

September 4th, 2014 in 2014, Associated Press, Georgios Zervas, Newsmakers, School of Management 0 comments

zervasAssociated Press
Georgios Zervas, School of Management

Online review site Yelp can lower or raise the rating of a business depending on whether it advertises with the company, a federal appeals court ruled in a lawsuit filed by small businesses claiming Yelp used the tactic to try to extort ads from them…

Expert quote:

“Businesses can find that confusing and occasionally upsetting.”

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