“It turns out there were lots of nooks and crannies for entrepreneurial action.
But those nooks and crannies might have been $5 million or $10 million businesses
— well worth doing, though not necessarily for VCs.”
David Kirsch, assistant professor of management and organization, talks
about his research findings that the dot-com boom era could have supported more
new Web-based ventures, though not the ventures that followed the “Get Big Fast”
strategy of gobbling up as much market share as possible with multimillion-dollar
venture capital investments.
Wall Street Journal, Nov. 8, 2006
“If you are going to do your own work during lunch, leave the office and use
your cellphone. It is important to make sure the two ventures are clearly delineated.”
Asher Epstein, managing director of the Dingman Center for Entrepreneurship,
said it was acceptable to work on side projects during lunch hour, if you’re not
using company resources to do so in a Q&A about the ethics of planning and operating
an independent business while keeping your current job.
New York Times, Oct. 29, 2006
“Any time that China wants to, it can turn the screw on all the money
we owe China, drive up interest rates and drive the American prosperity and the
prosperity of the middle class right into a ditch.”
Peter Morici, business professor, on trade policies and massive trade
deficits that have led to a growing dependence on borrowing from China to keep U.S.
interest rates low.
CNN: Lou Dobbs Tonight, Oct. 23, 2006
“They’re so stretched on multiple levels, they often come to us with extremely
broad requests. My job is to home in and narrow the scope.”
Robert Krapfel, associate professor of marketing, talks about how companies
— especially small businesses — can get the most out of the Smith School’s MBA consulting
program, which has teams of students working for business clients on semester-long
projects. As a faculty administrator for the program, he first works with companies
to shape projects that will most benefit students and clients.
New York Times, Oct. 12, 2006
“There are a very large number of private equity firms, and they’re all out there
looking for deals, and the search for deals is one that involves cut-throat competition.”
Albert “Pete” Kyle, Smith Chair Professor of Finance, talks about private
equity firms, which usually compete with each other. That’s why several instances
of cooperation compelled the Justice Department to launch an inquiry into possible
anticompetitive behavior among some of the most prominent firms.
Marketplace, Oct. 10, 2006
People have certain expectations about service now. Basically, people believe
service should be available all of the time.”
Kathryn Bartol, professor of management and organization, talks about
why night-shift white-collar jobs are increasing for Americans, created by the demands
for service in the 24/7 society.
The Baltimore Sun, Aug. 31, 2006
“The key struggle of the multinational enterprises in this new era is to balance
their need for efficiency and control with their need for flexibility and speed
Sandor Boyson, research professor and co-director of the Supply Chain
Management Center, writes an opinion article about how multinational companies have
changed strategies to compete globally, focusing now on controlling risk in the
supply chain by re-balancing risk portfolios, recapturing systems control and integrations,
and in-sourcing rather than outsourcing.
Shanghai Daily, Aug. 28, 2007