We're going to Japan," the first thing he said was, "Can I drop this French. We're going to talk about it for an hour, and that's the only time I want to see you."
INFORMED OPINION
If my health insurance were like auto, home, or life insurance—meaning it was purchased individually, used only for catastrophic use, dependent on my behavioral choices, and prepaid spending was instead funded by my after-tax monthly paycheck— would be better. If these items were part of your auto insurance policy, it would be much more expensive. I need to save more of my money to fund my health care spending instead of looking for ways to waste other people's money.
This is the real health care crisis—the lack of individual ownership and a system that outruns the money. If we all change our behavior by exercising, eating right, and taking responsibility for our actions, we will not solve the health care crisis. Associate Professor of Management Larry Van Horn teaches within the Health Care MBA program at.
But unlike my auto insurance, my health insurance rates aren't based on my lifestyle choices, which are the primary determinant of how much health care I'll consume.
HEALTH CARE
FINANCE
If a provider of goods or services cannot find a customer with money, he can offer his product in exchange for other goods or services. When Sterligov described the process to the Moscow Times, he used a steel company's 1 billion ruble debt to a coal company as an example. The steel company may not have the cash to pay its coal bill, but it will soon be able to place R1 billion worth of steel.
The coal company can provide a list of goods or services it will accept to meet the steel company's 1 billion ruble debt. Eventually, another company - or a whole chain of companies - will bridge the gap, take the steel and supply either products or services directly to the supplier. In 1998, the banking crisis swallowed the savings Russians had accumulated after the painful recovery of the mid-1990s.
He founded and edits the Russia Blog, directs the Discovery Institute's Real Russia Project, and serves as executive director of the World Russia Forum.
HUMAN CAPITAL
It's not much different from gas stations on the same street corner agreeing to keep the price of gas high," says Gardner. Informal agreements not to hire each other's employees favor the collusion. employers to the detriment of the employees. The Justice Department opened an investigation into Google, Yahoo!, Apple, Genentech and others for allegedly agreeing not to target and recruit. Sterligov sold everything and moved to the countryside.
Today, when he's not milling his own flour or hatching his turkeys and chickens, he's occupying the Russian capital's latest trendy skyscraper. Eventually, another company - or a whole chain of companies - will bridge the gap, take the steel and supply either products or services directly to the supplier. coal company, or to exchange them for the ultimate benefit of the coal company. When all is said and done,. each player made a fair exchange, and Sterligov's busy-. ness took 1 percent of each transaction's value.
Russia's bartering tradition comes not only from medieval history, but also from the last days of the Soviet Union and the early 1990s, when workers would go without paychecks for months or years at a time and had to get creative to feed themselves and their loved ones .
DIVERSE
When IEI—a Nashville-based company that distributes DVDs, video games and other home entertainment products—faced a challenging marketplace several years ago, he decided to start an entirely new company: DBI Beverage Inc., which now operates beer distribution in eight different ones.
OFFERING
It got really tense, but now I understand why it meant so much to him," he says. "I finally got a chance to be my own boss and do my own thing," he says. Shortly after going out on his own, David's video business got "a nice shot in the arm," he says, with the advent of the DVD format.
My father had a free pass from my mother to play golf on weekends,” he says. I like to tell people that she chose Duke because she met me," he says with a smile. So if you're a Wal-Mart in Northern California, you should probably buy Coors Light from us," he explains.
Although rival distributor Budweiser had a 65 percent market share in Memphis, Crown was a way to "get a foot in the door, to meet with suppliers and show them what we could do with a struggling company," he says.
Many executives echo Justine Brody's comment about David's quest to "future-proof" the company not only for his many loyal employees, but also for his two sons, Henry, 14, and Bronson, 12. Yes, there are some costs that can be cut back, and the quest for increased productivity is taking place at all levels of the distribution chain. Beer is a perishable product and continuous efforts are being made to improve the brewing process to improve the taste properties of the beer.
And yet he also did not want to continue working within the familiar framework of the health industry. He had bigger plans - another, completely different career on the other side of the world. To most Americans, mention Uganda and the first thing that comes to mind is Idi Amin and his ruthless 1970s dictatorship.
Most of the roads are unpaved, he says, and some are treacherous — not just because.
CORPORATE SPOTLIGHT
Armed with that knowledge, Proctor continued to sell his billing software to healthcare providers over the next few years, all the while looking for the next big opportunity. Now it is taken for granted, but it was a big concept back then, he says. Not only did Owen's alumni network prove useful, but the school's reputation itself opened doors that might have otherwise been closed.
Having the credibility of having worked at Owen really helped me when approaching venture capitalists and angel investors,” he says. With the support of investors, Proctor founded Passport Health Communications Inc. op, a healthcare information technology and services company. The company, which originally built websites for healthcare providers, eventually found its niche in selling administrative, clinical and medical services. financial tools to help these providers determine eligibility and get paid faster.
It's hard for Proctor to say anything negative about the country he and his wife, Dee Anne, plan to one day call home for six months of the year.
OPPORTUNITIES
Vanderbilt is weathering the financial storm better than many other major universities, and Parker's job is to lead by example and stay focused on the university's mission. She has worked at the university since 2002, after nearly a decade in the private sector, and is now working on a master's degree in liberal arts and science at Vanderbilt. Business is all about the bottom line, but at Vanderbilt it is about so much more,” she says.
Although more than half of his career at the university had been in management, Woods decided it would be worthwhile to enroll in the first class of Owen's one-year Master of Management in Health Care program. You could say that we are some of Vanderbilt's most enthusiastic and dedicated anonymous supporters,” she says. I had a narrow focus in the public accounting world, and I knew I needed to broaden my awareness of fundamentals of management, marketing and operations,” she says.
There's no doubt," she says, "I became a better boss, a better leader after graduating from Owen School."
IN THE NEWS
For Tom Clock, MBA'98, it all clicked when he saw his colleagues drinking beer from a soccer cleat and singing rugby songs with soldiers. A Team Is Born Like Clock, John Underwood, MBA'98, had played competitive rugby before arriving at Owen. They kind of shamed me into participating,” recalls Brent Turner, MBA'99, executive vice president of Call Products for Marchex, a performance marketing company in Seattle.
Walton Smith, MBA'99, as several of his former teammates remembered, was a small mountain who had played offensive tackle for Brown University's football team. Tom Barr, MBA'98, Vice President of Global Coffee at Starbucks Coffee Co., had never played rugby before trying out for the team. Dean Geisel wasn't entirely on board with the idea” of a rugby club — the first sports team at Owen to compete beyond campus intramural leagues.
But what meant even more than monetary support was his physical presence, recalls Mike Vermilion, BS'95, MBA'99, CFO at Victoria's Secret. He said, “The first thing I want to tell you is that everything we teach you will be out of date in five years. A wine tasting was held in San Francisco sponsored by Kimberly Jackson, MBA'01, president of JAX Vineyards.
CAMPUS VISIT
What sets Owen’s Leadership Development Program apart from
How has the recently announced partnership with Korn/Ferry Interna-
What opportunities exist for alumni who want to get involved with
My students loved it, too, and I found that every experience with a book—any book—is different. If having extracurricular reading experiences improves our students' understanding, their common sense, and their judgment, then we have achieved our goal. He is proud to be part of the Owen team and grateful for the opportunity it has given him and his students.
S A BUSINESS SCHOOL DEAN—the hardest job I've ever had—I find that complex questions keep me up at night and rattle around my brain while suspended in the air on a long flight. In life, including my experience running a business school, we often face more difficult and nuanced challenges that require deeper consideration and understanding of the human condition. These were the humble beginnings of the Dean's Book Club, a discussion of current books open to all interested participants at Vanderbilt University's Owen Graduate School of Management.
When we discuss their particular industries or enterprises, the conversation often turns to the readiness of America's business school graduates for working life.
BOTTOM LINE
When I'm trying to solve that kind of thorny issue, I'm happy to draw on a worldview that's been broadened by more than 30 years of corporate life, work, and travel—and my passionate advocacy for music. art and reading. Therefore, whenever I get the chance, I turn on the reading light and immerse myself in books that challenge my intellectual understanding. Shouldn't we, as their educators, encourage them to delve into books, including non-business books, that open their minds.
Can we get them to read books not just for credit, but for the pure joy of learning. Employers rightly assume that great business programs attract candidates who have the intellectual DNA to really study and learn.
