Business & Entrepreneurship

In many workplaces, standard processes are the key to a successful operation, ensuring efficiency and safety. New research from Olin Business School at Washington University in St. Louis shows that motivating compliance with standard processes via electronic monitoring can be a highly effective approach, despite concerns about employee backlash. However, the research also highlights that managers cannot simply “monitor and forget.”

On May 6, President Barack Obama introduced executive reforms designed to eliminate loopholes that allow foreigners to conceal tax fraud and evasion in the United States. Olin Business School’s Lamar Pierce said the move is an effort to show U.S. global partners that it is ready to practice what it preaches when it comes to curbing shadowy financial transactions.

IDEA Labs, a student-run bioengineering and design incubator started at Washington University in St. Louis, will expand its national reach through a partnership with the American Medical Association. The collaboration is aimed at supporting cutting-edge medical technology development from the next generation of young entrepreneurs.

Mahendra R. Gupta, dean of Olin Business School, recently announced a four-year, $1.09-million gift from Roger and Fran Koch and Paul and Elke Koch that will launch the Olin Family Business Program.

After learning that local veterans were facing long waits for mental health services, a team of medical and engineering students at Washington University in St. Louis wanted to help in some way. The team created an app that measures a user’s stress and suggests steps to take to alleviate it.

Journalists continue to sort through and process the so-called “Panama Papers,” millions of financial documents offering a look at how politicians and public figures hide massive amounts of money in offshore accounts. A faculty member at Washington University in St. Louis says the case offers proof of the difficulty of government economic intervention.

Companies often pride themselves on creating a collaborative culture that encourages the free-flow of ideas between colleagues. But a recent study co-authored by Olin Business School’s Markus Baer shows that territorial marking in the office can quickly squash much sought-after workplace creativity.

When a publicly traded company meets a pay-for-performance target, it may be lauded by Wall Street investors, however, new research from Washington University in St. Louis shows it can also be cause for concern.

Olin Business School’s Executive MBA cohort recently traveled to Washington, D.C., for a four-day immersion program focused on policy entrepreneurship, hosted by Brookings Executive Education.

Former Google VP Jonathan Rosenberg tells Washington University community what he learned during a 13-year stint at the giant tech company.