Exploring the social responsibility of business: Final Danforth Lecture features former head of Merck

Vagelos will explore these examples in detail for his talk on “The Social Responsibility of Business” to be held at 4 p.m. Monday, November 13, in Graham Chapel. The program will also feature a panel discussion featuring Washington University-associated business experts. It is the final installment of the Danforth Lecture Series.

Female M.B.A. students aim to increase their numbers in b-school and the workplace

Medical and law schools have seen the percentage of women enrolled grow steadily over the past 20 years, to the point that women frequently represent at least half of most classes. Business schools have yet to catch up with this trend but the Olin School of Business is pioneering the way for women to increase their numbers in MBA programs. More than 800 people are expected to attend the National Association of Women MBA’s annual conference and career fair in early November at WUSTL. This event comes after Olin’s admission to the Forte Foundation, a consortium dedicated to promoting women in business.

Understanding choices adult children make to care for elderly parents should help policymakers

According to a 2005 U.S. Department of Health and Human Services report, nursing homes in the United States in 1999 cost an average of $47,000 per year, with costs rising each year. Choosing a course of care for an elderly family member is both a financial decision and an emotional one. A business and economics professor at Washington University in St. Louis is using game theory to understand these long-term care decisions. More…

Business innovation is not dependent on creative people

American companies continue to grapple with staying competitive in the global economy. Increasingly, companies and business gurus are citing innovation as the key to sustaining American business’ strength. What’s not clear is what it means for a company to be innovative. Washington University business professors say the best way to infuse innovation into a company is not by hiring creative people, but by managing innovation in a systematic way. More…

Pharmaceutical industry wastes $50 billion a year due to inefficient manufacturing

The pharmaceutical industry could be wasting more than $50 billion a year in manufacturing costs alone, costs that could translate in to lower prices or greater research and development – according to findings of the largest empirical study ever performed of pharmaceutical manufacturing and the Food and Drug Administration monitoring policies. More…

Business school welcomes Executive M.B.A. director

Kay Henry is the new associate dean and director of Executive M.B.A. programs. She comes to the Olin School of Business with a wealth of experience in executive and business education. Henry recently returned from Dubai, United Arab Emirates, where she spent two years as assistant dean at Zayed University’s College of Business Sciences. She spent seven years at Rice University where she developed and then directed the M.B.A. for Executives program. Henry also spent several years in Boston where she taught management communication at the Massachusetts Institute of Technology’s Sloan School of Management and ran executive programs at Harvard University’s Institute for International Development.

The Olin School of Business at Washington University in St. Louis welcomes new Executive M.B.A. director

Kay Henry joins the Olin School of Business as the new associate dean and director of Executive M.B.A. programs. She comes with a wealth of experience in executive and business education. Henry recently returned from Dubai, United Arab Emirates, where she spent two years as assistant dean at Zayed University’s College of Business Sciences. She spent seven years at Rice University where she developed and then directed the M.B.A. for Executives program. Henry also spent several years in Boston where she taught management communication at the Massachusetts Institute of Technology’s Sloan School of Management and ran executive programs at Harvard University’s Institute for International Development.
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