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Mendoza News
Banks are arguing that fair-value accounting intensified the recession by limiting their lending capacity, but research from Mendoza's Accountancy Department suggests that this is a deflection of responsibility for mismanagement. Professors Brad Badertscher, Jeffrey Burks, and Peter Easton assert that the real issue lies in the banks' poor lending practices, rather than the accounting methods. Their findings indicate that the financial difficulties stem from bad loans and economic realities, challenging the narrative pushed by banking associations during recent congressional hearings.
Mendoza News
The 2010 National Society of Hispanic MBAs Conference & Career Expo in Chicago featured a vibrant ribbon-cutting ceremony with Notre Dame's marching band and cheerleaders, celebrating the university's role as lead academic sponsor. Attracting over 7,200 attendees, the event marked Notre Dame's ongoing commitment to the Hispanic community, recognized with the Brillante "Bright Flame" Award. The university's support for Latino initiatives spans decades, including specialized programs aimed at enhancing educational opportunities for Hispanic students and fostering leadership in business.
Monica Sharma invites senior executives to introduce themselves beyond titles, focusing on their core essence to foster genuine self-awareness and leadership. As they share their deeper motivations and contributions, the program, Vital Leadership Advantage, aims to prepare these experienced professionals for the complexities of contemporary challenges, emphasizing honesty and the unique strengths each individual brings to the table. Led by Leo Burke, the innovative curriculum encourages participants to confront their potential and seek authentic connections in their leadership journeys.
Mendoza News
The Mendoza College of Business's website has been recognized with the Best University Website award by the Web Marketing Association, excelling in six out of seven judged categories. The redesign, led by the marketing and web teams in collaboration with Boston-based Corey McPherson Nash, emphasizes innovative content and interactivity, showcasing the stories of faculty and students while featuring a diverse array of multimedia. The competition included over 2,000 entries from 45 countries, with Mendoza outperforming notable institutions like Villanova University and UCLA's Anderson School of Management.
Mendoza News
Dairy cows contribute significantly to greenhouse gas emissions, prompting the Innovation Center for U.S. Dairy to aim for a 25% reduction by 2020. A recent weeklong course at Notre Dame saw MBA and Accountancy students tackle this challenge through the "Dairy Power" initiative, focusing on using anaerobic digesters to convert manure into methane for electricity. After hands-on experience at Fair Oaks Farms, students presented diverse strategies, including targeted community partnerships and educational campaigns, showcasing how Mendoza's problem-solving frameworks can apply to new contexts.
Mendoza News
Kenneth R. Meyer ('66) has made a significant $10 million donation to establish fellowships for Notre Dame's MBA program, bolstered by an equal sum in matching funds from the University. This initiative will create 16 Kenneth R. Meyer Fellowships annually, supporting eight students in each MBA class, and aims to enhance the program's focus on ethical leadership through the newly formed Meyer Family Center for MBA Studies. The center will also host a distinguished guest lecture series and provide ethics orientation for incoming students.
Family businesses offer unique advantages but also face distinct challenges that can impact their success. Experts emphasize the importance of clear standards for promotions and salaries to avoid double standards among family employees. Keeping pace with market changes and fostering outside experience are also crucial for innovation and growth. Additionally, establishing formal governance structures and regular meetings can help prevent miscommunication and ensure all voices are heard.
Tim Judge's extensive research reveals interesting links between individual traits and workplace success. Findings show that good looks can lead to higher earnings and more prestigious jobs, with a notable impact on women who are viewed through the lens of weight and appearance. While intelligence plays a vital role in career performance, interestingly, it does not correlate with happiness. Additionally, height offers a financial edge, with each inch translating to an increased salary, particularly for men.
Mendoza News
Readership surveys conducted in 2010 provided valuable insights from over 500 readers on how to enhance Notre Dame Business. The results were promising, showing high ratings for the magazine's alignment with the College's mission and overall quality. Readers expressed diverse interests, particularly in feature articles, college news, ethical business practices, and alumni success stories. The feedback also revealed differing preferences for print versus electronic magazine delivery, prompting the magazine to offer an electronic option while also switching to a more sustainable paper stock.
Choosing a successor in a family business can be fraught with challenges and emotional dilemmas. Families with ties to Notre Dame share insights on managing this delicate process, exemplified by the Velasquez family, who navigated the transition of leadership at Azteca Foods Inc. Their story sheds light on the complexities of generational succession, a process that only a small fraction of family-owned enterprises successfully manage from one generation to the next. The article reflects on the tough decisions involved, drawing parallels to historical narratives of family conflict and the implications of inheritance in business.