Here in the Executive Education division, we’ve been thinking an awful lot about risk, ethics, and governance. More specifically, we’re fascinated by the decision making process that can lead to major crises, and the ensuing cover ups. What goes through the executive mind as they look back and wonder: “How did we get here?”
Associate Professor Thomas D. Beamish studies organizations, institutions, and economy; hazards and risks; and innovation and social change. He has written numerous articles and chapters and a book on a massive petroleum accident, “Silent Spill: the Organization of an Industrial Crisis” (MIT Press). In this blog, he discusses strategies for preventing crescive risk and disasters in teams and organizations.
It’s become clear to marketers that online video sharing is one of the most powerful and efficient ways to promote new products or services. But why is it that some content becomes widespread and popular overnight, while other videos flounder with only a few views—regardless of budget or video quality?
Last month, I accompanied Steven Currall, Dean of the UC Davis Graduate School of Management on a trip to China. Our purpose was to visit business schools and discuss collaboration opportunities for students and faculty, as well as Executive Education opportunities. We had the pleasure of meeting several industry executives in technology, agribusiness, real estate and financial services who provided a real “feet-on-the-street” experience about doing business in China today.
Professor Kim Elsbach:
”I try and create an environment where we can have a discussion about a topic and really explore the underlying questions about why.”
Professor Kimberly Elsbach studies how people see each other as well as their organizations as a whole. She shares the advantages of studying at a nationally ranked business school within a world-class research university. She says, “I hope that my students learn as much from each other as they do from me. I try and create an environment where we can have a discussion about a topic and really explore the underlying questions about why.”
Let’s be honest: the term “Corporate America” doesn’t illicit warm and fuzzy feelings. Scandals like Enron and Bernie Madoff—not to mention the Wall Street crisis—have led many to lose their trust in corporations. To be more specific, there is a general distrust in the leaders who run those corporations. In the 2012 Edelman Trust Barometer, trust is now an essential line of business to be developed and delivered.