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Nardelli Out as CEO
Former Home Depot CEO, Robert Nardelli, dominated
headlines when he resigned just after the first of the New
Year. Dr. James Senn, professor and director of the Center for
Global Business Leadership, spoke to national, local, print, and
broadcast media outlets about this topic. According to Senn,
“Nardelli’s departure is not about vision and strategy. It’s about
execution and credibility.”
On the Economic Front
As one of the most quoted experts on the economy, Rajeev
Dhawan, director of the Economic Forecasting Center, is always
tapped by the national and local media on stories having to do
with housing, oil prices, and job growth. So it was no surprise
that the Financial Times came calling when U.S. Airways made
its first attempt to purchase Delta Air Lines. According to
Rajeev, “An exodus of management jobs in the event of a takeover
would make a short-term dent in Atlanta’s economy.”
Part-time Program Trends
The Robinson College of Business teamed up with the MBA
for Working Professionals Affinity Group of the Association
to Advance Collegiate Schools of Business (AACSB) accrediting
agency and polled deans and program directors about
the trends in part-time programs. Dean Huss was quoted in
BusinessWeek Online about the survey results. “Approximately
80% of today’s MBA students are going to school part time.
The cost of full-time studying, in foregone salary as well as tuition,
is just too great for a lot of prospects to consider full-time
programs. For many, the bonus of keeping a salary while paying
off hefty tuition [or having company sponsorship] makes part
time very attractive.”
Executive Compensation
The Securities and Exchange Commission made a change in
its new executive pay disclosure rules. The change has revived
a debate about corporate pay “transparency,” and the Atlanta
Journal-Constitution was interested in hearing what Lawrence
Brown, J. Mack Robinson Distinguished Professor of Accountancy,
thought about the change: “I doubt that this is a big deal.
Any compensation that is provided to executives who are
no longer with the firm – which can be very substantial, and
can now involve a host of compensatory devices – will not be
disclosed whatsoever to the SEC or stockholders.”
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