Olin Business School

Major League Baseball implemented revenue sharing to create incentives for ball clubs to build their teams and build their fan base. It’s ended up having the opposite effect, according to a business professor at Washington University in St. Louis. The amount a small-market team receives from the league may be more profitable than the revenue it gets from winning a game. Michael Lewis proposes an alternative way of distributing MLB revenues that creates incentives for ballclubs to create good teams and fill stadiums. (video available)

The stock market might be nervous due to the subprime loan mess, but Stuart Greenbaum, Ph.D., former dean and Bank of America Professor Emeritus of Managerial Leadership for the Olin Business School, is bullish on the situation. Despite the circumstances, this is not a time to panic, says Greenbaum.

Jeri Sedlar, author of “Don’t Retire, Rewire!” will lead an interactive session to help people define what kind of work is best for their retirement given their passions and interests, and how to go about obtaining it. The talk will take place Friday, Oct. 5, 2007 at 4 p.m. in Simon Hall’s May Auditorium on the Danforth Campus of Washington University in St. Louis.

The stock market might be nervous now due to the subprime loan mess, but Stuart Greenbaum, former dean of the Olin School of Business at Washington University in St. Louis, is bullish on the situation.

After what seems like a never-ending cycle of firms recalling their products, Congress jumped into the ring with an oversight hearing to determine what is going on. But the complexity of sending an effective message to assure the public the products are safe is made all the more difficult when an executive speaks to a congressional committee. The verdict is out on the credibility of Mattel’s message.

In their quest to reduce air pollution, states are implementing new and easier ways to ensure that automobiles are both safe and environmentally friendly. Some states, like Missouri, allow private repair shops to conduct both safety and emissions tests simultaneously, making it easier for car owners to renew their license plates. But there’s a potential problem with the new plan, according to a business professor at Washington University in St. Louis: repair shops have very strong incentives to cheat, but not in a way that helps reduce pollution.

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

Banks with sound portfolios will be fine, says a WUSTL expert.The stock market might be nervous now due to the subprime loan mess, but Stuart Greenbaum, former dean of the Olin School of Business at Washington University in St. Louis, is bullish on the situation.

The Olin School of Business has overhauled its MBA program to better reflect the school’s core principles of creating knowledge, inspiring individuals and transforming business.

Mattel and Ford are just the latest in a long line of companies to enact a product recall. Whether it’s lead paint or tainted dog food, every manufacturer faces the potential that its product needs to be taken off the shelf. How a firm handles its logistics and marketing after and before a recall can make or break a company’s success in the long run.