In the News
Despite a predicted long-term shortage of winegrapes and continuing economic pressures, California wine leaders are cautiously optimistic about the industry’s future.
Those are the results of two surveys conducted by the University of California, according to a news release.
Robert Smiley, an emeritus professor and former dean of the UC Davis Graduate School of Management, has surveyed wine executives the past 11 years and winemakers for 21 years.
Many wine industry executives are hopeful that “frugality fatigue” has set in with wine drinkers, who traded down from luxury bottles to lower-priced wines during the recession.
Wine executives are reporting optimism about the future, said Robert Smiley, former dean at the UC Davis Graduate School of Management, presenting results of an annual survey of wine industry executives.
“We’re going to move back, but slowly, and not all the way back for a long time,” Smiley said. “We may not return to previous levels of conspicuous consumption.”
Obama Administration Announces Winners of i6 Challenge Competition to Promote Innovation, Entrepreneurship and Job Creation
$7 Million Investment Supports Projects Spurring Technology Commercialization and Small Business Development in Seven States
The Obama Administration today announced the winners of the third round of the i6 Challenge, a national competition to advance American innovation, foster entrepreneurship, increase the commercialization of ideas into viable companies, and create jobs.
All eyes are on the SEC this morning as the regulator holds a public meeting to vote on whether to adopt rules surrounding disclosure and reporting of conflict minerals under Section 1502 of the Dodd-Frank Act. If approved, this rule could ignite more state regulation and require additional reporting from companies.
California leads the nation in total number of solar power installations and in total photovoltaic energy capacity, so it should come as no surprise that the state’s universities are among the leaders in the field of green energy research. The Sierra Club, an environmental advocacy group, recently published its list of the greenest colleges in America. Three of the top 10 universities listed were located in California, more than any other state.
University of California Davis is getting a $1 million federal award to create an AgTech Innovation Center which will include an AgEntrepreneurship Academy to help entrepreneurs identify market needs and opportunities.
Amy Myers Jaffe, a leading expert on the oil industry who is a widely quoted commentator on oil and energy policy in the international media, will join the University of California Davis Oct. 1, strengthening the university’s leadership on clean technology, sustainable energy and transportation.
Women are playing an increasingly important role in business. While only 35 women have claimed the corner office in Fortune 1000 companies, that isn’t the only measure of women’s contributions to the business world and in supporting the economic recovery.
The Securities and Exchange Commission voted Wednesday to approve a rule requiring companies to disclose any conflict minerals they use to manufacture products, a measure that critics says will impose significant costs on companies. A recent study by the Graduate School of Management at the University of California at Davis says the rule will cost companies much more than regulators contend, reflecting the expense of complying and making annual disclosures.
You’ve heard of ‘blood diamonds.’ Add ‘blood smartphones’ and ‘blood oil’ to the list. The Securities and Exchange Commission voted Wednesday to finalize sweeping new rules that would effectively force companies to tell the world about their business in ‘conflict minerals’ with the Democratic Republic of the Congo or an adjoining country. This article cites Professor Paul Griffin’s latest research which suggests that this new disclosure requirement will potentially cost shareholders billions.
The Securities and Exchange Commission voted along party lines to adopt a rule requiring companies to trace and audit certain minerals as to their origination. If they come from the Congo, companies will have to submit a so-called ‘conflict minerals’ report. In this Forbes article, Professor Paul Griffin research on the matter reveals the difficulty of accurately tracking company’s supply chain and estimates that the cost to shareholders will reach the billions.
View video: Ahead of a Securities and Exchange Commission hearing on rules to require companies to disclose use of ‘conflict minerals,’ Prof. Paul Griffin’s study shows such disclosure could cost shareholders billions, much more than the SEC estimates.
Apple’s relationship with Google recently reached a new low. The Cupertino, California, company announced it would drop Google Maps from the iPhone in favor of its own software and retire the YouTube app from the start screen of its mobile devices. The direction that both tech companies are headed—toward greater reliance on mobile computing for their revenue—is setting them up for a long-term fight over the same technological turf.
Look! Up in the sky! It’s customer service. You don’t normally associate humor with business software, but social and cloud computing juggernaut Salesforce’s new web campaign is very funny. The campaign was created by alumnus Barak Kassar’s creative agency, Rassak Experience (San Francisco).
The 21st annual Wine Industry Financial Symposium is Sept. 24-25 at the Napa Valley Marriott. As part of this year’s program, Robert Smiley, professor emeritus and director of wine, Graduate School of Management, UC Davis, will again present the results of as telephone survey of industry leaders along with the results of the Wine Industry Financial Symposium Survey. This year’s keynote speaker is Jay Wright, chief operating officer for Constellation Brands.
As an organizational behavior specialist who is also a fan of the TV series “Mad Men,” I occasionally imagine Sterling, Cooper, Draper or Pryce walking into a modern-day corporate workplace.
These well-dressed ad executives would be asked to put out their cigarettes, hauled into HR for calling women employees “honey,” and flagged by risk management for drinking on the job.
But in one important sense, the Mad Men would feel right at home in 2012: Men still run the biggest companies.
Citing the School’s annual study of women in top leadership posts in California’s largest firms, Dean Steven Currall comments on news of Yahoo CEO Mayer’s appointment. “The TV series ‘Mad Men’ would feel right at home in 2012: Men still run the biggest companies, especially in Silicon Valley.”
Workers often expect employers to evaluate them based on their performance, however they log their hours. A new study turns this notion on its head — at least for a growing number of telecommuters. According to a blog post by The Wall Street Journal, a new study finds that workers who telecommute may lose points with their employers despite technological advances that boost at-home productivity.
Everyone dreams of the advantages of working from home: the additional flexibility; the time saved by not commuting (or getting dressed!); the ability to slip out to run an errand with the boss none the wiser. Whether the arrangement ultimately benefits the employer depends on the individual worker, of course. But new research shows that, regardless of the reality, the perception of telecommuting leads at-home workers to get smaller raises, fewer promotions, and lower performance reviews.
Though it’s easy to rationalize skipping lunch or eating at your desk, the break can actually be good for your productivity. Kimberly Elsbach, a management professor at UC-Davis who studies the psychology of the workplace, says getting away from your desk can provide a boost in creativity.