If India models China, it can similarly affect the global economy. India aims to increase its manufacturing contribution to its GDP from 17 percent to 25 percent within the next decade. The initiative, dubbed “Make India,” is the “only way India can create highly productive jobs for the 10 million-plus youngsters who join the country's labor force each year and the much larger number of farmers who need to move from working the
Improvisation and contingency planning are fundamental to business survival because challenges can appear at any turn — like in a zombie apocalypse, Smith School professor Oliver Schlake says.
Shareholders will vote Wednesday on the formation of Kraft Heinz, which would emerge as the world’s fifth-largest food and beverage company pending legal hurdles. The merger would bring popular brands such as Oscar Mayer, Planters, Kool-Aid, Ore-Ida, Bagel Bites and Classico under the same roof. While most consumers won’t notice any difference at the supermarket, the blockbuster deal will stir interest in an industry that many
Are companies being too picky in hiring workers? One factor slowing the recovery might be the growing length of time it's taking companies to fill open positions. As of April, the average vacancy took 23.7 days to fill, nearly double the 15.3 days of mid-2009. Jeff Kudisch, a Smith School professor and managing director of the Office of Career Services, thinks it's sensible that companies appear to be embracing the
The University of Maryland’s Robert H. Smith School of Business is excited to announce some faculty-favorite books in the “12th Annual Top-10 Summer Reading List for Business Leaders” for 2015, as recommended by members of its faculty and administrators.