Olin Business School

Washington University in St. Louis was named one of the top three Best Places to Work in the St. Louis Business Journal’s annual survey of area employees. At a dinner and reception April 20 at The Westin Hotel, Washington University was named the best workplace in the large employer category.

WHAT: International Business Outlook Conference An annual conference organized by Washington University Olin School of Business MBA students. Event includes breakout sessions and keynote speakers from experts in doing business globally. WHEN: Friday, April 7, 7:30 a.m. to 4 p.m. WHERE: The Charles F. Knight Center, Washington University Hilltop Campus WHO: Keynote speakers include David N. Farr, Chairman, CEO & President of Emerson, Sir Tom McKillop, Former CEO of AstraZeneca and current Chairman (Designate) of The Royal Bank of Scotland, Jai Nagarkatti, President & CEO of Sigma-Aldrich Corporation. For a rundown fo the day’s events go to: http://www.olin.wustl.edu/IBOC/events.cfm

The television show “The Office”  portrays more truth than fiction. But the consequences of bad management can be more serious than the awkward moments portrayed on the program. Employees get cynical when they endure multiple changes in company strategy and when they are overworked, according to experts at Washington University’s Olin School of Business. As a result, people produce work, but they don’t care how they produce it. The drive to get things done in today’s business environment is so strong that workers start thinking only of short-term gains and ignoring long-term consequences. More…

Successful strategies are innovative. They combine resources or businesses in unique or complex ways that other firms may fail to recognize. Yet research from the Olin School of Business at Washington University finds that the market tends to undervalue companies with complex or unique strategies. The reason: they receive less analyst coverage. More…

Current levels of defense spending represent less than 5 percent of the nation’s gross domestic product (GDP), says Murray Weidenbaum, the Mallinckrodt Distinguished University Professor at Washington University in St. Louis. He says that the cost of today’s war pales in comparison to military outlays of about 35 percent of GDP at the peak of World War II; 15 percent of GDP for the Korean War; 10 percent for Vietnam and 6 percent for the Gulf War. More…

Finalists for the inaugural Social Entrepreneurship & Innovation Competition have been selected after a half-year of preparation. The eight finalists include entirely new business proposals and existing non-profit organizations. The winners will be announced at a special presentation May 11.

In its fourth annual International Business Outlook Conference (IBOC), the Olin School of Business will once again provide the St. Louis business community with a chance to explore the most pressing challenges to conducting international business. The MBA student-organizers chose to highlight intellectual property rights and international finance for this year’s conference. IBOC takes place Friday, April 7, from 7:30 a.m. until 4 p.m. in the Knight Center on Washington University’s Hilltop Campus

Below is a link to the Washington University news release about the U.S. News & World Report undergraduate rankings for 2004-05: http://news-info.wustl.edu/news/page/normal/3627.html To view a full listing of U.S. News magazine, book and Web-only rankings for 2004-05, please visit the U.S. News & World Report site: http://www.usnews.com/usnews/edu/college/rankings/rankindex_brief.php

Thursday, March 30 at 5 p.m., the finalists will be selected and announced for the Social Entrepreneurship and Innovation Competition, co-sponsored by Washington University and the YouthBridge Association. The event features Theresa Wilson, founder of The Blessing Basket, as a keynote speaker. Currently there are 14 semi-finalists. The finalists will be selected based on their two-minute presentations about their projects. The event takes place in May Auditorium in Simon Hall on the Washington University Hilltop Campus

BigelowLyda Bigelow, assistant professor of organization and strategy, has little sympathy for the difficulties American car makers are experiencing. She says that American car makers had a long time to work out the pension and benefits problems they’re now facing, but the companies failed to do so, even when they had the resources to do so.