“Calculating the gains associated with increased security is problematic given that cybersecurity is a cost-saving, rather than revenue-generating, project. If you do the job right, you don’t see the benefits.” — Lawrence Gordon, Ernst & Young Alumni Professor of Managerial Accounting in a Financial Times article, “Maryland Professors Weigh up Cyber Risks” / May 20, 2013
Common wisdom says managers set their firm’s ethical tone. But new research finds that employees are more likely to report wrongdoing in the workplace if they believe the entire firm has a zero-tolerance policy on misconduct.
The last several months have been a time of growth at the Smith School. As you’ve read in this issue of Smith Business, we launched our first online MBA degree program, increased our diversity efforts through the LEAD Institute and took our Cupid’s Cup Business Competition national.
I have also stepped into my role as dean of the Smith School. It is an exciting new
Associate Professor Brent Goldfarb’s research indicated that mere business plans don’t help entrepreneurs looking for venture funding. So he ditched the curriculum in his business plan course. Instead, his MBA students start and run a real business--in just seven weeks.