Olin Business School

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…

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…

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.

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.

The 2007 Social Entrepreneurship and Innovation Competition (SEIC) will kickoff its second year on Thursday, September 28 at 5:30 p.m. The celebration will take place on the Danforth Campus of Washington University in Uncas A. Whitaker Hall, and will feature a presentation by Timothy Hanser, vice-president of community outreach and director of Cardinals Care, the team’s community foundation. The SEIC is helping people in St. Louis cause social change. It provides funding and education for social entrepreneurs who develop solutions that solve social issues. Awards totaling more than $100,000 are available to winners under a variety of categories.

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

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

Research indicates that the system for computing golfers’ handicaps favors strong, steady players. The professor will present his findings on Friday, September 15. 10:30 a.m., at the Charles F. Knight Center on Washington University’s campus. The lecture is sponsored by the Boeing Center for Technology, Information and Manufacturing at the Olin School of Business.

When one company restates earnings, best to see what its peers are up to.No company wants to issue an accounting restatement; it’s a guaranteed way for the share price to drop 10 percent, on average. Investors, analysts and journalists alike view restatements as an indication of a problem within the company. As it turns out, restatements indicate that there is value in looking at its industry peer firms. More…

Recovering from a recession doesn’t include the entire economy.The “jobless recovery” that befuddled observers after the recession in the early 2000s was no fluke. It’s actually a pattern that we can expect to continue thanks to technology’s uneven impact across sectors of the economy. What’s more, this new trend in business cycles is as important in making policy decisions as it is in ensuring the stability of the country’s economy. More…