Johnson & Johnson recently agreed to pay $21.4 million to the US Department of Justice and $7.9 million to the United Kingdom’s Serious Fraud Office for making improper payments and receiving illegal gains from its subsidiaries’ business practices in Greece, Poland and Iraq. Accused of violating anti-bribery laws, J & J was said to have…
Global Advice Network, a private Danish consultancy firm, in partnership with seven countries’ Ministries of Foreign Affairs has developed a set of managerial decision tools for SMEs who are currently doing business in emerging markets or are considering entering these markets. The tools include: country profiles, due diligence, integrity system, specific information on anti-corruption…
The largest publicly-held personal lines insurance company in the US, Allstate faced criticism for its handling of claims from Hurricane Katrina. In this video clip, Allstate CEO Thomas Wilson emphasizes the importance of quick response, when facing a disaster as significant as the Katrina aftermath. Wilson believes that it is important to make mistakes and…
Legislative decisions affect business decisions. Understanding the US Congressional landscape over time brings a perspective to strategy development that often is overlooked in the higher education classroom setting. The Dirksen Congressional Center in Pekin, Illinois, is a non-profit, non-partisan organization established in 2006 to better civic engagement through education. The animated congressional timeline provides a…
Developed for the Southern and Eastern Africa Consortium for Monitoring Educational Quality (SACMEQ) by researcher Frank van Cappelle, StatPlanet is a free application that permits users to create maps and graphs of PESTEL data collected regularly from over 300 international sources. Data can be visualized by country maps, bar charts, line graphs and scatter plots…
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…
A recent Prezi presentation by Derek Bruff of Vanderbilt University, Dwayne Harapnuik of Abilene Christian University, and Jim Julius of San Diego State University discusses the relationship between social technologies and teaching pedagogy over time. They contend that the greatest challenge of the oral information age was accessing information; of the print information age was…
Which dataset is the most revelatory for strategy crafters? What query will result in the best data-finding for drafting conclusions? How much will it cost in time and money to get access to this data? Will the time/cost/prospective finding lead to a significant conclusion and ultimately to a strategic choice that all stakeholders in the…
Statistics surround us. Learning to use them effectively challenges all of us to find new ways to collect, filter, display, and explain them. Hans Rosling, as shown in the video clip this month, has a Swedish non-profit operation called Gapminder that celebrates the understanding of facts through visualization. On the website, visit the Wingspan Productions’…
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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