The social entrepreneurial business model challenges business developers to think differently. In this video clip, Kyle Westaway, a New York attorney specialized in social venturing with experience in building social entrepreneurial companies, presents the essential elements of the Benefit Corporation legal structure. He differentiates it from the more traditional forms such as the LLC and…
On October 10, 2011, California Governor Jerry Brown, signed into law two new forms of corporations: The Benefit Corporation and the Flexible-Purpose Corporation. Joining New York, Hawaii, Virginia, Maryland, Vermont and New Jersey, California now offers businesses the right to pursue social missions as their main purpose. No longer tied to the need to increase…
At the January meeting of the Global Competitiveness Forum held in Riyadh, Saudi Arabia, Anne Lauvergeon (CEO of Areva) discusses the future of renewable energies and includes pointed comments about the importance of nuclear energy sources. She points out that the dividing lines between fossil fuels, synthetic fuels, nuclear energy, renewable energies are dead. Sustainable…
Owned by private equity firm Dalton, Dubilier & Rice since 2004, Culligan announced that it is franchising over 100 of its company-owned dealerships in the US. Culligan calls itself a “75- year old global leader of innovative water treatment systems.” Treatment solutions for both home and industrial applications include: water softener and deionization systems, coolers,…
In a recent interview with Areva CEO Anne Lauvergeon, conducted by Diane Brady of Bloomberg Businessweek, the conversation shifted to the role of nuclear energy in reducing consumer dependence upon imported energy. Areva, the world’s most important integrated nuclear energy companies with activities in all aspects of the business including mining, fuel enrichment, reactor design,…
Using your classroom teams in their online Wiki sites, have students conduct the following studies: In light of this month’s research section article on Aerotropolis, investigate the role of the airport in your region. How is your region developing relative to the airport? What business clusters are close to your airport? Take one business cluster…
One of the leading online publishers of travel news, deals and entertainment, Travelzoo, is facing an information filtering dilemma. With 22 million subscribers throughout the world looking to find travel deals, Travelzoo’s staff in 23 offices in North America, Europe and Asia must verify and validate the authenticity and accuracy of advertisements from more than…
Looking at the world forty years after Alvin Toffler’s Future Shock statement that “change is the only constant,” Riz Khan of Al Jazeera interviews Deborah Westphal (Managing Partner of Toffler Associates) and Henry Mason (Head of Research & Analysis for Trendwatching.com). Westphal believes we are in a period of accelerated change that will oblige businesses…
In laying out the vision for the Dubai Airports, CEO Paul Griffiths, describes the situation in 2008 and the future plan for 2011. He observes that the company is in the unique position of having full alignment of national interests, commerce and government with the strategic plan. Originally started as a refueling stop for carriers…
March ’11 – EC
Suzanne Hertz evokes the possibility of domino effects in the development of highly integrated supply chains in a 2001 research article*. In looking at the development of international Aerotropoleis this month, it occurred to me that the integrated supply chain is already a reality in the transportation industry that clusters around international airports. The reverse…
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