Summertime fun

School of Medicine Employee Appreciation Day Picnic held June 13.

Older Americans in the workforce essential to economic future

Older workers enrolled in a computer training class.Some economists predict that by 2030, the United States could experience a labor shortage of 35 million workers. Many businesses, including retail giants such as Wal-Mart and McDonalds, have responded to a looming labor shortage by encouraging older workers to remain in the workforce. But a recent study issued by the U.S. General Accounting Office finds that many of the government’s existing employment assistance programs are not providing computer training and other high-tech skills to workers over the age of 55, a demographic that may soon constitute roughly one-third of the entire American workforce. Nancy Morrow-Howell, Ph.D., a professor of social work at Washington University in St. Louis and a leader in the emerging field of productive aging research, contends that America’s economic future may well hinge on our ability to help older adults continue making contributions to society.

Empirical research shows contracts form the basis for trust in business relationships

ZengerIt takes more than a firm handshake to guarantee trust in any business relationship that’s going to last. In empirical research recently published in Strategic Management Journal, Olin School of Business Professor of Organization and Strategy Todd R. Zenger completed an in-depth survey of senior corporate managers that confirms his suspicions about the importance of contracts in generating trust.

Olin School of Business Class of 1998 featured in USA Today

Few MBA classes have ever headed into so much oozing opportunity as the Class of ’98. But their education, it seems, was only beginning, and the hard lesson ahead was that five years, or even 18 months, can seem a lifetime. But the Olin School of Business MBA Class of 1998 is a standout. The Olin School class is featured in a special cover story survey in the nation’s largest circulation newspaper, USA Today.
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