All societies have problems. I am sure this is not a shock to anyone. Neighbors have disputes, poverty exists and inequality grows. Simply put, if each individual of a society is imperfect, so too is society, and since no one is perfect, we each play a part in making society imperfect. And like people, institutions
Individual debt, in all forms, is on the rise, and the staggering accumulation is having unforeseen and unintended consequences. To back up the claim that debt is rising, we point to outstanding credit card debt in the U.S., which is reaching $1 trillion for the first time. Combine this with poor personal financial management skills
In the last 50 years, family structures have changed dramatically. Just half a century ago, 75 percent of children lived in a home with two married parents in their first marriage. Today, less than half of children are raised in such a traditional situation, and more than a third are raised by single parents. This
Music can inspire and enlighten. It can create the right mood and subdue our sorrows. It can calm our mind and bring peace to our souls. Music can be our constant companion. It can be shared at just about any moment or event, whether it be walking down the aisle or closing the funeral casket.
George Clason, in his classic book titled "The Richest Man in Babylon," wrote this line: “A part of all I earned was mine to keep.” In the 1950s, a lawyer named Louis Kelso coined the term “Employee Stock Ownership Plan” (ESOP). The intent of ESOPs is to significantly increase employee incentives and productivity, while giving
Registration is still open for the 4th and 5th of July conference at Oxford entitled Progress Through Business: Social Enterprise, Impact and Growth. This is the second annual Business and Poverty Conference. The conference is free. But, to technically be enrolled in the conference, you are required to sign up for and purchase at least
Len Greenhalgh is a senior management professor at the Tuck School of Business at Dartmouth in Hanover, New Hampshire. He is also faculty director of Tuck’s extensive programs for minorities, entrepreneurial women and Native Americans. Dartmouth College was founded in 1769 with a royal charter to serve Native Americans and European settlers in New England.
Small NGOs will continue to be criticized by development economists for their lack of efficiencies and small economies of scale. But sometimes they have all the right components to help break families out of poverty. Sometimes, small is good. Louela Nalzaro was desperate. As a single mom in the Philippines — a country with roughly
As new school and work years begin, it is a perfect time to analyze what we do and, if necessary, make some changes. I am probably the first who needs to amend what I do. Primary among the priorities I want to adjust is related to how my actions can be consistent with my professed
About The Authors John Hoffmire, PhD John Hoffmire is the director of the Center on Business and Poverty at the University of Wisconsin School of Business and faculty associate at the Puelicher Center for Banking Education at UW-Madison. Before starting the Center on Business and Poverty in 2004, John had a 20-year career in equity
If one were to identify the top problems in the areas 40 miles north and south of Salt Lake City, most people would name air pollution among the top five. Six counties in Utah have been graded “F” in “State of Air 2013” according to the report issued by American Lung Association. Throughout many years, for quite a number of days
Employee Stock Ownership Plans (ESOPs) are utilized by many successful companies across the world. This case study describes Huawei, a Chinese telecommunications equipment company, which heavily utilizes ESOP ownership, and applies Huawei’s results to describe ESOPs as a powerful tool for achieving corporate efficiency and growth. Using and analysis of Huawei’s annual reports, we argue
Introduction and definition of a key term: Filene Research Institute (Filene) has engaged and worked with Progress Through Business (Progress) on several very successful projects. It was thought that, with our experience with tax preparation and financial education programs, a plan of action could be developed jointly to serve those eligible for the Savers’ Credit1.
Five Myths of Employee Ownership Distressed ESOP Sales Presentation for Sellers Employee Ownership Indices and Investment Funds in the U.S. 1992–Present Understanding Motivation: How Managers Can Contribute to the Success of the Organization
For what we believe is the second time in the world, an ongoing class will be taught as part of a major MBA program. The Said Business School at the University of Oxford will have classes taught by John Hoffmire - beginning in both September of this year and April of next year. The focus
Plans are being made to privatize Royal Mail, the distribution entity of the UK government which delivers letters and packages. As part of this transaction, upon completion, employees will receive 10% of the company stock. The value of this stock is estimated to be worth approximately $3000 per employee, which is proposed to be shared
James Lee Sorenson donates $13 million to the David Eccles School of Business at the University of Utah for the creation of the James Lee Sorenson Center for Global Impact Investing Tuesday, Jan. 15, 2013. (Scott G Winterton, Deseret News) Philanthropy in Utah took a large step on Jan. 29 when the business school at
Survivors from the world of drug addiction and the dark world of sex trafficking and violence often have heart-wrenching stories; girls and women with so much potential, lost to the pain and suffering of sexual exploitation. The hope in these stories can be found in the resiliency of survivors and their ability to create meaningful
“With power comes responsibility – it is as simple as that” said Professor Peter Tufano as he welcomed visitors to a discussion about business leadership and responsibility to celebrate the creation of the Kim B. Clark Fellowship in Responsible Leadership at Saїd Business School at Oxford University on September 7th. “Business organisations have power. How should