High-leverage Innovation, Part One: Spending and Performance
Money isn't the key to successful innovation. In fact, many companies spend far less than their competitors on R&D to achieve far better performance. To learn why that's the case, Knowledge@Wharton and strategy+business spoke with Karl Ulrich, Wharton professor of operations and information management, and Kevin Dehoff, a partner at Booz & Company. In this first part of a three-part series, Dehoff and Ulrich discuss the relationship between spending on innovation and corporate performance, how
Economists to Obama: Get the Government out of the Banking Business
On the eve of Barack Obama's inauguration as president of the United States, Wharton finance professor Richard J. Herring discussed with Knowledge@Wharton some of the advice offered to the new chief executive by the Shadow Financial Regulatory Committee, a group of economists, former regulators and lawyers, of which Herring is a co-chair. Among the recommendations: As quickly as possible, unwind federal investments that helped keep U.S. banks afloat. Herring also assessed the deepening woes at C
Take Two Advil and ... What Ills Can the Pfizer-Wyeth Merger Cure?
When the giant pharmaceutical company Pfizer announced on January 26 that it was acquiring Wyeth for $68 billion, analysts started questioning what benefits the deal would bring and for whom. Pfizer executives suggest the acquisition makes strategic sense by expanding the company into a range of new areas, and by helping make up for an expected loss of more than $12 billion in annual revenues once its Lipitor patent expires in 2011. But Wyeth also brings some liabilities -- notably, continuing l
Warning: Big Financial Firms May Be Riskier Than They Appear
Large financial institutions have failed with much higher frequency than is generally perceived, says Andrew Kuritzkes, a partner at Oliver Wyman and head of the management consulting firm's public policy practice in North America. In this interview with Knowledge@Wharton, Kuritzkes suggests some new guidelines that would greatly improve the financial system's ability to absorb the inevitable, if individually unpredictable, shocks of big failures.Author(s):
Jeremy Siegel: 'The Market Will Stage Another Recovery'
Now that it's clear the recession will not turn into a depression, stocks are poised for a recovery, says Wharton finance professor Jeremy J. Siegel. In an interview with Knowledge@Wharton, he said last week's market decline in response to rising commodity prices -- especially for energy -- and fear of the ever-growing federal deficit was no more than a short-term setback.
PARC's Teresa Lunt: 'Figuring Out What Is Valuable for You to Know Right Now'
Teresa Lunt, who directs the computing science laboratory at the Palo Alto Research Center, is involved in a wide range of activities, including ubiquitous computing, security and privacy, and ethnography for organizational environments and technology design. During a talk with Knowledge@Wharton at the recent Future of Publishing Conference in New York, she discussed a few of her current projects -- such as research into workplace efficiencies, a study on mobile advertising and the creation of a
Falling Prices, Foreclosures and Fear: What's Next for the Housing Market?
The U.S. housing market has been wobbly for several years, but it has shown some signs of perking up in recent months. The latest reports, however, indicate a setback, with median home prices dropping slightly and sales well below the already depressed levels of 2009. Yet a combination of low mortgage rates and apparent home-price bargains should still be drawing some buyers into the market. Knowledge@Wharton spoke with Wharton real estate professor Susan M. Wachter about the housing market's sl
25 Oct 2010: Debt and Deficit: Long-term Fiscal Issues
A leading voice for fiscal discipline, U.S. Senator Judd Gregg, R-N.H., is currently serving his third term in the Senate and is the ranking member of the Senate Budget Committee. Previously, he served his state as governor (1989-1993) and U.S. representative (1981-1989). Gregg is a national leader on fiscal policy, a well-known budget expert and a respected voice on health care, economic and financial regulatory issues. He played a major role as a chief negotiator of the Emergency Economic Stab
Virtual Maths - Basic Structures, shear force uniformly distributed load
Interactive simulation, demonstrating shear force, uniformly distributed load
What Makes a Good Chairman?
Good chairs know whom they are accountable to and it’s not shareholders or employees.
The Science of interaction between humans and computers
Professor Stephen Payne from the University of Bath, will discuss how his research combines an understanding of the human mind with the design of interactive systems.
Tapping the uptapped: a winning strategy for emerging markets
Innovation is often a key driver to a company’s success. Take Siemens, for example, which has a reputation for being innovative – and successful.
But the correlation doesn’t stop there, according to Ursula Boehm, Vice President, Operations (International Business) at Siemens.
Training and Human Resources Development
Acquire the information and experience you need to identify your organization's training and development needs and master the processes necessary to develop, implement and evaluate effective training programs. You will gain an understanding of your role and responsibilities as a trainer, as well as the practical hands- on knowledge needed to implement a successful program through lectures, classroom discussions, and developing and presenting an actual training session in class. This course is ex
Revival in housing will happen sooner than expected, says Charles Schwab's Liz Ann Sonders
The U.S. real estate market is set for a rebound in 2011 as home prices sit at their most affordable levels in many places across the country, says Market Strategist Liz Ann Sonders of Charles Schwab. But the recovery will not be even across the U.S.
Macbeth-Sleep Walking Scene
From the 1979 version of Macbeth, this is a clip of the sleep walking scene of the movie. This shows an excellent performance of the Shakespearean play. This clip can be used for scene analysis, character analysis, or reflection.
#Clemson Professor Judith McKnew with advice for graduates
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Learning Objects 2: Standards, Metadata, Repositories, and LCMS
This book is the second in a four-volume series. It builds upon the first volume by taking an extended and in-depth look at theorists' and practitioners' efforts to consolidate current knowledge and praxis. This consolidation centers around conceptual and technological issues related to standards, metadata, repositories, and the concept of the LCMS (Learning Content Management System). Part I contains six chapters that focus upon LO concepts vis-à-vis architecture. A discussion of syntax, seman
Student experiences of enterprise education
This report outlines data collected from students across a broad range of subject areas across all Faculties of Leeds Met University. This data was generated in response to a questionnaire designed to obtain information on students experiences of enterprise education