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Knowledge@Wharton May 18-31, 2005
From: David Farber <dave () farber net>
Date: Thu, 19 May 2005 08:39:55 -0400
Begin forwarded message: From: Knowledge at Wharton <knowledge () wharton upenn edu> Date: May 18, 2005 8:12:03 PM EDT To: dave () farber net Subject: K@W May 18-31, 2005 Reply-To: Knowledge at Wharton <knowledge () wharton upenn edu> ------------------------------------- You are subscribed as lists-ip () insecure org To manage your subscription, go to http://v2.listbox.com/member/?listname=ip Archives at: http://www.interesting-people.org/archives/interesting-people/
Quick Links Change Password Update Email address Retrieve Password Content Licensing Get our XML/RSS feed Homepage May 18 - May 31 Note to ReadersWe hope many of you will be as pleased as we are that next week Knowledge@Wharton celebrates its sixth birthday. Since its launch on May 26, 1999, Knowledge@Wharton has grown from a single site into a global knowledge network -- including regional editions in Spanish, Portuguese (http://wharton.universia.net) and, most recently, Chinese (http://knowledge.wharton.com.cn) -- with nearly 500,000 registered subscribers worldwide. We are delighted to welcome the latest member of the Knowledge@Wharton network -- Knowledge@W. P. Carey (http:// knowledge.wpcarey.asu.edu) which was launched May 11 in collaboration with Arizona State University's W. P. Carey School of Business. We encourage you to check it out. This partnership continues the tradition established with the launch in April 2001 of Knowledge@Emory (http://knowledge.emory.edu), in collaboration with Emory University's Goizueta Business School.
Thank you for all your encouragement and support during the past six years. Onward to year seven!
-- The Knowledge@Wharton team
Knowledge@Wharton/George Group Survey The impact of product and service complexity on businessGeorge Group Consulting and Knowledge@Wharton have teamed up to explore the impact of product and service complexity on corporations: As companies add new products and services to their portfolios, what is the impact on processes, profitability, and growth? Please take a moment to participate in our brief survey via the link below; all information will be kept confidential and will be used only for this study. Each individual who takes part in this study by filling out a complete survey will receive a free copy of the results document. Many thanks for your participation.
http://knowledge.wharton.upenn.edu/weblink/131.cfm Special Section China Forum Stirs Debate on Sustainable GrowthWith the world focused on its rapid development, China has generated both excitement and concern among investors, policy makers and potential business partners. Now that global corporations have gained access to Chinese markets, they are concentrating on stability and sustainable long-term progress. Against this backdrop, the Wharton China Business Forum recently brought together business leaders and academics to discuss China's strategic plan for continued growth. The conference, entitled "Global Transitions: Demystifying China's New Path," included discussion of financial reform, entrepreneurship, consumer markets, and environmental and energy issues, among other topics.
http://knowledge.wharton.upenn.edu/weblink/130.cfm What's Hot A Finger on the Pulse of Berkshire Hathaway and Warren BuffettThroughout the spring, the snowballing financial scandal at insurance giant American International Group has put the spotlight on the firm's partner in the improper deal, General Re Corp. Could the damage extend to Gen Re's owner, Berkshire Hathaway Inc. and its legendary chief, Warren Buffett? The questions about Gen Re come on top of another that gets larger every year: Can Berkshire continue to deliver outsized returns to shareholders after 74-year-old Buffett, who has run the company for four decades, passes from the scene?
http://knowledge.wharton.upenn.edu/article/1210.cfm Marketing Managing Brands in Global Markets: One Size Doesn't Fit AllTheodore "Ted" Levitt of Harvard Business School set the marketing world abuzz in 1983 with a bold prediction: Globalization had arrived, and before long global companies would be selling products and services in the same way everywhere on earth. More than 20 years later, however, Levitt's prediction has not come to pass, according to Wharton marketing professors George S. Day and David J. Reibstein, who note that only a handful of truly global brands exist today despite the increased globalization of markets. Day and Reibstein, who address this issue in a book entitled "The INSEAD-Wharton Alliance on Globalizing: Strategies for Building Successful Global Businesses," suggest that adapting brands to local conditions can often be the best approach.
http://knowledge.wharton.upenn.edu/article/1206.cfm Leadership and Change Want to Win? Here's Some Practical Advice from Jack WelchJack Welch, former chairman and chief executive of General Electric, loves to be heard. After retiring from GE four years ago and publishing an autobiography, he has now written a book on his management philosophy, titled"Winning," which he is promoting through frequent speeches and media interviews. But, unlike most prodigious talkers, Welch is hardly boring. He advocates candor and practices it, as was evident during a recent discussion at Wharton.
http://knowledge.wharton.upenn.edu/article/1209.cfm Managing Technology The Wi-Fi Debate: Should Cities Be in the Business of Broadband?The city of Philadelphia's grand experiment to blanket its 135 square miles with wireless high-speed Internet access is being closely watched by municipalities across the U.S. that are pursuing similar initiatives. While Philadelphia's project, which edged closer to reality with an announcement on April 7, is more than a year away from completion, it has sparked an intense debate over such questions as: Are broadband services better handled by the public or private sector? Can a wireless broadband network, commonly known as Wi-Fi, be used to help more low-income people gain online access? Should Internet access be viewed as city infrastructure, like telephone poles or city streets?
http://knowledge.wharton.upenn.edu/article/1204.cfm Insurance and Pensions Retirement Programs Face an "Aging-Population Tsunami"Against the backdrop of rising concerns over both public and private pension systems in the U.S., industry experts convened at a recent Wharton conference to debate ways in which retirement programs can be better managed. Participants discussed such topics as the problems facing Social Security, the solvency of the Pension Benefit Guaranty Corp., and the consequences of an increase in defined contribution plans like 401(k)s along with a corresponding decline in defined benefit plans. The conference was titled "The Evolution of Risk and Reward Sharing in Retirement."
http://knowledge.wharton.upenn.edu/article/1205.cfm Marketing Tag Team: Tracking the Patterns of Supermarket ShoppersTo the untrained eye, the presentation looks like little more than a child's randomly drawn zigzag pattern. But to Wharton marketing professor Peter S. Fader, those seemingly random lines represent a new dataset showing the paths taken by individual shoppers in an actual grocery store. The data -- charted for the first time by radio frequency identification (RFID) tags located on consumers' shopping carts -- has the potential to change the way retailers in general think about customers and their shopping patterns. Fader, Wharton marketing professor Eric T. Bradlow and doctoral candidate Jeffrey S. Larson analyze this data in a new research paper entitled "An Exploratory Look at Supermarket Shopping Paths."
http://knowledge.wharton.upenn.edu/article/1208.cfm Business Ethics Winners Never Cheat: Lessons for Today's Business LeadersIn 1970, Jon M. Huntsman started a small entrepreneurial firm with his brother. By 2000, Huntsman Corp. had grown to become the largest privately held petrochemical and plastics business in the world. Today, Huntsman is a billionaire philanthropist who recently donated $225 million to establish the Huntsman Cancer Institute at the University of Utah. He has also contributed millions to help rebuild the country of Armenia, and supported organizations that feed the poor, house the homeless and protect victims of domestic violence. In his new book, Winners Never Cheat: Everyday Values We Learned as Children (But May Have Forgotten) (Wharton School Publishing), Huntsman offers a "moral compass" for business leaders and others to live by that is based on his own experiences.
http://knowledge.wharton.upenn.edu/article/1207.cfm _________________________________________________________________ Articles and Links from Knowledge@Wharton Sponsors Samsung: The new global leader in consumer electronics www.samsung.com http://knowledge.wharton.upenn.edu/weblink/71.cfm GE Commercial Finance:Sign-up for 'Lending Views from GE'- our Free Commercial Lending E- Newsletter
http://knowledge.wharton.upenn.edu/weblink/112.cfm _________________________________________________________________ Help Spread Knowledge Do you know people who might be interested in these research studies and more? If you do, please forward this e-mail message to them. The Knowledge@Wharton Newsletter is a free service of the Wharton School (http://www.wharton.upenn.edu/) of the University of Pennsylvania. Its companion web site, Knowledge@Wharton, includes full details of the stories listed here. To read these stories, go to http://knowledge.wharton.upenn.edu/ To read Universia-Knowledge@Wharton, our Spanish/Portuguese Partnership http://www.wharton.universia.net To read the Chinese Version of Knowledge@Wharton http://knowledge.wharton.com.cn To comment on these stories, go to: http://knowledge.wharton.upenn.edu/feedback.cfm To unsubscribe from this newsletter, visit: http://knowledge.wharton.upenn.edu/unsubscribe.cfm Sponsorship InquiriesVisit our media kit to find out about opportunities to sponsor Knowledge@Wharton special reports, newsletters, and our site.
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- Knowledge@Wharton May 18-31, 2005 David Farber (May 19)