To reduce debt, focus on high interest loans first
What’s the best way to pay off debt? It’s simple. After making required payments to avoid penalties, pay down the loan with the highest interest rate. But consumers take a slightly different approach, according to a consumer behavior expert at Olin Business School at Washington University in St. Louis.
Brown School student gives firsthand account of rural life in drought-ridden Africa
According to the United Nations, nearly 10 million people in Africa are experiencing one of the worst droughts in 60 years. Drought conditions are now leading to famine. Michael Galvin, a second-year student at the Brown School at Washington University in St. Louis, is in the east African countryside as part of a team testing the effectiveness of KickStart, a social enterprise selling low-cost technologies such as irrigation pumps to help alleviate poverty. Galvin is blogging about the farmers and families he and team members are visiting through stories, video and photos (http://kickstartblog.wordpress.com/ ). His entries give a powerful look at how the drought is impacting lives.
New banking bureaucracy may not help consumers
There’s a better way to help banking customers than the new Consumer Financial Protection Bureau (CFPB) that opened for business July 21, says a banking expert at Washington University in St. Louis.
Skandalaris workshop to showcase innovation support resources July 25
Becoming a successful entrepreneur is a challenge for anyone — particularly for women and minorities. A workshop at Washington University in St. Louis July 25 aims to correct that by providing resources for women and underrepresented groups that can assist them in evaluating ideas and moving forward.
Disaster management allows companies to get ahead of the game
What can Waffle House teach about disaster preparedness and risk management, especially in the wake of this spring’s devastating tornados? Plenty, says a supply chain expert at Olin Business School, Washington University in St. Louis.
Groupon business model may be flawed
While Groupon is popular at the moment, the company’s business model may not be sustainable over the long term, says a marketing expert at Olin Business School, Washington University in St. Louis.
Three-star general to share insights on leadership at Olin Business School during Marine Week
Lt. Gen. George J. Flynn, deputy commandant for combat development and integration for the U.S. Marine Corps, will share experiences from a distinguished 30-year military career at a Leadership Symposium Breakfast at 8:30 a.m. Tuesday, June 21, at Olin Business School at Washington University in St. Louis. The event is part of Marine Week festivities taking place in St. Louis June 20-26.
WUSTL’s Brown School forms alliance with Fudan University
The Brown School at Washington University in St. Louis recently launched a formal alliance with Fudan University, one of the leading universities in China. As part of this growing relationship, Fudan and the Brown School will hold a summer institute in Shanghai to develop policy and management skills for the first generation of social work leaders, NGO leaders and government officials.
Consumers pay more for charity-linked products, spurring tornado relief
The wave of destructive tornadoes throughout the United States this spring has resulted in an outpouring of charitable donations, including on eBay. While all donations help the cause, raising funds through eBay auctions can be particularly effective, both for consumers and sellers, according to research by a strategy professor at Olin Business School, Washington University in St. Louis.
Low probability disaster scenarios deserve more attention
Hazards with horrific outcomes — like the disaster at the Fukushima Daiichi nuclear plant in Japan — are not only difficult to contemplate but are also challenging to plan for financially. Especially when the odds of them happening are incredibly low, says Stuart I. Greenbaum, management expert at Olin Business School, Washington University in St. Louis.
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