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MarchApril2008

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SeminarAdSpring082.qxd 1/29/08 1:02 PM Page 1 Attend one of our seminars in May or June and, in just a couple of days, you can strengthen a specific skill, learn new ways to manage faculty and staff, or better understand the accreditation process. Our seminars, created exclusively for management education professionals, offer targeted, hands-on training from industry experts in an intimate classroom setting! These popular seminars fill up fast so register online today! AACSB Bridge Program May 4–9, 2008 Babson College Wellesley, Massachusetts, USA ——————————— Applied Assessment Seminar June 26 – 27, 2008 Tampa, Florida, USA ——————————— Assessment Seminar May 15 – 16, 2008 Denver, Colorado, USA June 16 – 17, 2008 Tampa, Florida, USA ——————————— Business Accreditation Seminar May 15 – 16, 2008 Denver, Colorado, USA June 19 – 20, 2008 Tampa, Florida, USA Enhancing Faculty Effectiveness and Qualifications Seminar May 5, 2008 Tampa, Florida, USA ——————————— Maintenance of Accreditation Seminar June 6, 2008 Tampa, Florida, USA ——————————— Managing for High-Performing Faculty Seminar May 29 – 30, 2008 Tampa, Florida, USA New Deans Seminar June 22 – 25, 2008 Denver, Colorado, USA ——————————— Teaching Business Ethics Seminar May 19 – 20, 2008 College of Commerce DePaul University Chicago, Illinois, USA ——————————— Teaching Effectiveness Seminar May 22 – 23, 2008 Tampa, Florida, USA Please visit www.aacsb.edu for the latest information. n MORE TRAINING, HAPPIER EMPLOYEES To keep talented employees, corpo- rations need to offer quality training and employee development, accord- ing to research by Celia Moore, an assistant professor of organizational behavior at London Business School. Moore reviewed 67 empirical studies on the relationship between training and organizational performance and found that employees at companies that offered more training reported more job satisfaction. These com- panies also enjoyed better organiza- tional performance. n CALIFORNIA'S GLASS CEILING Nearly one in three of the 400 larg- est public companies headquartered in California have no women in senior executive positions. A study from researchers at the University of California at Davis Graduate School of Management found that 122 of the 400 companies surveyed—30.5 percent—listed no women execu- tives or board members in their annual reports to the Securities and Exchange Commission. Companies in technology industries such as telecommunications, electronics, and semiconductors were among those with the most male-dominated leadership, especially those located in Silicon Valley and Orange County. However, companies like Bare Escentuals, Jack in the Box, and Nara Bancorp can boast they have women in 35 percent to 46 percent of their top positions. n MERGERS AREN'T EASY A new study forthcom- ing in the Academy of Management Jour- nal finds that high- ly anticipated merg- ers often fail to create shareholder value. The researchers include Marga- ret Cording of Rice Univer- sity in Houston, Texas; Petra Christman of Rutgers University in Camden, New Jersey; and Lt. Col. David King of the U.S. Air Force. They based their study on a survey of senior executives who had recent- ly been through mergers. They found that these executives often suffered from "intrafirm linkage ambiguity." In other words, they didn't know exactly what they were getting themselves into. As a result, their attempts to achieve superior financial performance through the mergers often fell flat. The research- ers argue that because mergers are so complex, executives overseeing the process should focus on con- crete short-term goals, rather than set lofty per- formance benchmarks. In doing so, say these research- ers, executives may be able to see the results of their decisions more clearly—and achieve better overall performance as a result. n z BizEd MARCH/APRIL 2008 63

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