After 30 years in college admission, I am still surprised by how challenging it is to explain to prospective parents and students the art and science of college admissions.
Most would love nothing more than to be given a set of specific numbers by which to measure oneself.
Malaria, that ancient scourge, survives. Over the past century, as sanitation and medical advances have conquered or controlled other diseases, malaria has resisted eradication. In 2010, the disease infected about 219,000,000 people and killed 660,000, almost all in developing countries.
Why?
After 20 years at work, first in the corporate world and then building my own business, I began to think back on when I was 20 years old. A sophomore — recall that the root of the word is “wise fool” — I thought I knew a few things about what awaited me in the world. Nothing beats experience, though. Midway through a successful career, with several professional peaks and valleys, here is what I would have advised that young Bentley student when she was halfway through her college education.
Mohammed Yunis came up with a good idea: Give small loans to people who don’t have access to capital. A high percentage of the world’s population lives at a subsistence level. They spend all they make on food, and have none left for an “investment” that might make their microbusiness more profitable. If you could buy more bananas in the first place, your profit would be higher. If you could buy a cart, you could bring more bananas back to your village to sell than you’ve been able to carry yourself.
It’s often said that students attend business school because they want good jobs when they graduate. Naturally enough, they tend to focus on class work that will help them reach that goal. However, classroom learning can take them only so far. As business school faculty, it’s up to us to make the necessary link between classroom theory and how it is applied in the workplace. When this link is made, students learn more and retain better. Seeing their studies “in action” makes it stick.
“Marissa Mayer Is Wrong.” “Horrible Bosses: Marissa Mayer’s Ban on Telecommuting at Yahoo Won’t Work.” “Marissa Mayer’s Work-From-Home Ban Is the Exact Opposite of What CEOs Should Be Doing.” These headlines reflect popular responses in the blogosphere to the Yahoo CEO’s decision to end work-from-home arrangements companywide.
With the business model of the credit rating agencies in the news again, we wonder if there will be more than partial repairs.
Since U.S. Attorney Eric Holder filed suit against the market leader, Standard & Poor’s, seeking $5 billion in damages, we are about to find out.
A hurricane, tornado or flood that destroys homes and property goes beyond individual harm. Entire communities suffer.
In the aftermath of an event like Hurricane Sandy, which devastated the New York-New Jersey shore in fall 2012, we naturally ask how people can rebuild their lives. But on a broader level: what makes one community or region better at responding to a natural disaster and surviving its aftermath?
One of the most inspiring moments in the American political process is the inauguration of a president, with its peaceful transfer of power and the president’s promise to “preserve, protect and defend the Constitution.” I am unfailingly moved by the majesty and simplicity of the ceremony, and reminded how much students can learn from the study of our Constitution.
Boston Mayor Thomas Menino may be the most underrated politician in America. Marble-mouthed, no one’s idea of a matinee idol, just coming back from a serious set of health problems, the 20-year veteran of City Hall’s corner office nonetheless gave a bravura performance in his January 29 State of the City address.