Blogs

Tips for Managing Cost Overrun on Projects

By Terrance Palmer posted 25 days ago
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A company relies on the accountant or CPA firm to keep to a tight budget and to avoid cost or budget overrun. If the accountant doesn’t understand the project fully, there is the risk of improper allocation of resources. The accountant has to avoid these unexpected costs due to underestimating and there are tools and apps to help accountants deal with a cost overrun. Accountants track time for each client. Every accountant needs software to keep track of billable hours so it can be advantageous for keeping a real-time record of all client history where all data is protected with 256-bit SSL encryption. Accountants are kept busy with many different clients ...
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How the Startup Culture Has Created a Demand for Business Graduates

By Terrance Palmer posted 25 days ago
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The word startup brings in a lot of excitement – new concepts, innovations and world-changing technologies. A brand-new business venture starting from the ground up is the in thing. Startups are an opportunity for people who want to build or create something new.  The entrepreneurial minds want to release to the world a new idea or service that hopefully can change the world and at the same time, put them on the billionaires’ list. This new business environment has changed many things, especially the need for business graduates in startups.  The need for fresh graduates Startups are always on the lookout for fresh graduates. These businesses want fresh ...
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Qualities You Need as a Corporate Professional to Get into the C-Suite League

By Terrance Palmer posted 25 days ago
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Individuals who have the drive to get into the C-suite league need to plan how they're going to get there. The journey to achieving an executive position is often both challenging and rewarding. Getting there is about more than just hard work and experience.  Individuals may need to practice certain soft skills that are essential in executive-level positions, like communication and listening. Successful executives often hold themselves to a high standard of behavior and expect the same from others around them.  Communication skills Candidates for C-level roles who don't make it often   lack communication skills . They may end up talking too much about ...
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3 things every AOm graduate must be aware of when heading out to purchase business insurance

By Terrance Palmer posted 03-05-2021
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As an AOM graduate, many of us are either business managers or entrepreneurs and business owners. Therefore, we invest a great deal of time, energy, and resources into building a company that we can be proud of. Insurance protects against certain risks, such as property damage, lawsuits, and employee injury/illness, just to name a few. Without business insurance, there’s the risk of paying for these types of losses, which can turn out to be very expensive. If you’re determined to become a future leader, protect yourself from legal headaches and unexpected costs that might arise down the road. Commercial insurance rates are set to rise in 2021, but that doesn’t ...
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Lessons Learned: from a New Scholar (But an Old Hand)

By PETER DEKAM posted 03-03-2021
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Lessons Learned: from a New Scholar (But an Old Hand) My name is Peter de KAM, and I’m a Doctoral student at Converse College in Spartanburg, SC. It’s a small school that emphasizes mentoring relationships between Professors and students. What makes me unusual is that I’m a non-traditional student. I’m 64 and have retired from two careers. I retired from my first career as a Captain in the US Air Force. I also retired from a second career at IBM, where I built a consulting organization then led a Global sales organization. I have also tackled “small” projects like delivering computer science training on a subscription basis to 15,000 Junior and Senior ...
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Research Highlights: Locked down but still fighting

By Wei-Jun Hsueh posted 02-28-2021
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(posted on behalf of @Aviel Cogan and @Tobias Pret , Research Committee)  Locked down but still fighting By Aviel Cogan and Tobias Pret   The ongoing pandemic has permanently transformed the world and forced entrepreneurs to radically adapt to their altered environments. Naturally, scholars have been eager to explore the effects of government mandated lockdowns and changes in customer needs on entrepreneurs. Indeed, in the same way that most businesses and universities have been forced to embrace new communication technologies at breakneck speeds, so too has research into crisis management by entrepreneurs been catapulted forward during the ...
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The studENT - Managing Relationships: How to interact and engage with advisors

By Wei-Jun Hsueh posted 02-27-2021
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(posted on behalf of   @Ashley Roccapriore , PhD Representative) Managing Relationships: How to interact and engage with advisors   One of the things most doctoral students struggle with early in their careers is how to interact with those who have been at this career for a much longer time. With the large power distance of more senior faculty and increased imposter syndrome of new students (Keogh, 2020), it’s understandable that students struggle to figure out how to best engage with faculty at their universities and others. While this can be difficult for many, it’s something that is also extremely important for not only junior scholars’ ...
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SIGN ON – deadline Feb. 26 – to a letter from business/management school professors to the President and Congress urging them to prioritize paid leave

By Stewart Friedman posted 02-20-2021
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At this critical time in U.S. policymaking, I’m hoping you’ll join me in signing on to a letter to the Biden-Harris administration and members of Congress urging them to establish a national paid family and medical leave program as one of America’s top economic recovery priorities. The Biden-Harris administration is expected to propose a jobs and infrastructure package that will include “care infrastructure” and I hope you will agree that paid family and medical leave can and should be part of that package; it is also possible for Congress to consider stand-alone legislation. Our input and support as business and management experts can help make this possible. ...
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COVID-19 & Insurance in 2021

By Terrance Palmer posted 02-17-2021
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One of the most affected groups during the coronavirus pandemic has been and continues to be business owners and working-class people. Beyond that, you are people with real everyday needs outside of your job. Thankfully, the Canadian government has been doing everything in its power to return financial security to those that work hard for it every day.  Business Insurance Canada was already experiencing record low interest rates, which affected investment opportunities and commercial growth, coming into last year. The Insurance Bureau of Canada (IBC) created the Business Insurance Action Team (BIAT) to help deliver affordable insurance to ...
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Why Your Retail Business Location is Important for Sales

By Terrance Palmer posted 02-15-2021
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When it comes to the retail industry, it does not matter whether you have an online store or a physical store, location is one of the most important factors that influence sales. In the online world, it is slightly more abstracts, but you do not want your webpage to be on the second or third page of a Google search.  For physical shops, the research is much more defined and there are good reasons why the location of your shop is critical to the success of the establishment. Here is a quick look at why location is so important for your business. Maximum digital space Nowadays, retail stores are very dependent on digital signage to drive their sales. Not ...
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William C. Frederick SIM Doctoral Dissertation Award 2021 - Call for Applications

By Lea Stadtler posted 02-09-2021
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WILLIAM C. FREDERICK SIM DOCTORAL DISSERTATION AWARD COMPETITION Social Issues in Management Division of the Academy of Management Application deadline: Friday April 30, 2021   The Social Issues in Management (SIM) Division of the Academy of Management recognizes exemplary completion of doctoral study through the William C. Frederick SIM Doctoral Dissertation Award competition. The William C. Frederick SIM Doctoral Dissertation Award is supported by the Albert P. Viragh Institute for Ethics in Business at Duquesne University. Three award finalists will present a brief overview of their dissertation work at the Academy of Management Annual Meeting. ...
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How to Integrate Cybersecurity Training into Onboarding Employees

By Terrance Palmer posted 02-08-2021
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Information security should be a priority for every HR department when onboarding employees. A strong relationship between the HR and IT departments can help to create an onboarding process that puts cybersecurity practices front and center from the very start. Here is how to integrate cybersecurity training from the first day an employee starts work at the company.  Create security awareness right away The moment an employee has access to the company network, cybersecurity becomes an important part of their responsibility. Employees need to be made aware of cyber threats, why certain policies are in place and what the consequences are of not following ...
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How Business Compliance Boosts Your Business Reputation

By Terrance Palmer posted 02-08-2021
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Maintaining high standards of excellence in all areas is vital for a good business reputation. This means a company should maintain constant vigilance regarding regulatory and legal requirements it is expected to adhere to.  Large organizations have compliance officers whose sole job is monitoring such issues, and their primary job objective is protecting their company’s reputation. Your company might not be large enough to justify such an expense, leaving the job of ensuring compliance up to you or a trusted delegate. Here is why it is so important: Compliance is an investment Recovering from a devastating reputational blow is a time-consuming process, ...
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“Sorry, I need to jump on another call…”: How to sustain and extend your network beyond virtual conferences

By Lorenzo Skade posted 02-01-2021
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Amid the pandemic, conferences have gone virtual, and a lot of informal interaction has disappeared. Consequently, I have thought about alternative ways to meet with old and new colleagues and friends, to get feedback on my research, and to take full advantage of these increasingly digital opportunities. In this blog post, I would like to share some of my personal experiences with you and hope that you find them helpful in navigating this new virtual world. Here are five tips: Create your own research discussion sessions. Soon after learning that in-person events had to be canceled, my colleagues and I established our own research discussion sessions. ...
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Major Health Setbacks You Face After a Road Accident

By Terrance Palmer posted 01-30-2021
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People are inclined to think that after a serious road accident, you’ll likely sit with neck- and back injuries. You may well, but what most people don’t realize is that you can land up with long-lasting mental health issues too. Emotional stress may fade with time, but other psychological effects can be so severe, you can no longer cope with life. Many expenses you want compensation for Maybe you’ve lost part of a leg in a road accident, you’ve got increasing tension, trembling hands, panic attacks and possibly even brain injuries. If you’ve suffered from any kind of personal injuries from being a victim of a road accident, you can get some form of relief ...
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The Best Tax Relief Services Can Save you a Considerable Amount of Money

By Terrance Palmer posted 01-26-2021
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Tax debt is extremely common today and many Americans are behind on their taxes. Tax delinquency can have severe consequences, such as wage garnishment and tax liens. Many people turn to tax relief services when they owe a significant amount to the IRS.  There are some bad players in the industry who make false promises and charge high fees but there are also reputable companies with a good record of success. Choosing the right company can save you a considerable amount of money. Here are some questions to ask that may help you in your selection.  What fee structure does the tax relief service use? Tax relief   can come at a price, especially if you ...
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Decoding the Perfect Time to Sell Stocks

By Terrance Palmer posted 01-20-2021
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Trading in stock involves the careful analysis and observation of a company’s performance to help you decide when to buy or sell its shares. The main objective is to buy shares when prices are low and sell them for a profit once their value increases.  Stock market values are constantly fluctuating, so the kind of profit you enjoy depends on when you sell your stocks. Some helpful tips that can be used to identify the right time to sell your stocks include:  When the stock no longer fits your investment portfolio  A good way to plan your investment is to design a portfolio that will act as a guide to the kind of stock you wish to acquire. You can read ...
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Strategy to Increase Groups and Meetings Sales of Your Hotel

By Terrance Palmer posted 01-20-2021
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The hotel industry moves at a break-neck pace and has always been highly competitive, even before the increase in virtual meetings and decrease in global and local travel. In light of this economic climate, group sales offer the prospect of a large influx of revenue and the potential for long-term gains if a good relationship is built with these new clients.    It follows that a marketing strategy that targets group sales could provide the much-needed edge and revenue for your hotel. These considerations should be observed in developing a group-orientated sales approach.    Ensure that staff and salespeople are adequately trained    A ...
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