Prior to joining the Olin Business School, MacDonald was professor of economics and management at the W. E. Simon School of Business, University of Rochester, and professor of economics at the University of Western Ontario. He has worked with many companies, including Bausch & Lomb, Carrier, Chase Manhattan Bank, Corning, Eastman Kodak, Harris Corporation, General Motors, IBM, Litton Industries, Rochester Gas and Electric, Frontier Communications, Xerox and Xerox’s PARC.
Washington University in St. Louis experts from all corners of academia long have been studying climate change in the context of their own fields. Here is a sampling of their perspectives on the National Climate Assessment released Nov. 23.
American Airlines’ plan to lay off more than
13,000 employees and eliminate all four of its pension plans as part of
its bankruptcy reorganization could eventually spell the end of the
airline and leave its pilots with dramatically reduced pensions, say two
experts at Washington University in St. Louis.
The controversial Stop Online Piracy Act (SOPA)
is merely an attempt to shore up a dying and inefficient business model,
grafted onto an attempt to control the Internet, says an expert on the
business of entertainment at Washington University in St. Louis.
Should movies and television shows be free on the Internet? Which business models will benefit artists, producers and distributors? Questions such as these are being pondered in a popular course at Olin Business School, “The Economics of Entertainment.” Industry executives visit the class to provide corporate insights about the challenges facing film and music makers in the Internet age.
American companies continue to grapple with staying competitive in the global economy. Increasingly, companies and business gurus are citing innovation as the key to sustaining American business’ strength. What’s not clear is what it means for a company to be innovative. Washington University business professors say the best way to infuse innovation into a company is not by hiring creative people, but by managing innovation in a systematic way. More…