When an executive defects

The news that one of the company's senior managers is leaving comes as a complete surprise to Paul Simmonds, CEO of Kinsington Textiles, Inc. Ned Carpenter, KTI's vice president of operations for three years, writes in his resignation letter than he is leaving for a better opportunity. Simmonds soon learns that Carpenter's new job is at Daltex, one of KTI's main rivals in the intensely competitive carpet industry. Hiring Carpenter had helped Simmonds establish his reputation as a topnotch manager. Carpenter came to KTI with lots of ideas and put his enthusiasm to good use. Three years into a five-year change program, Carpenter had turned KTI's operations from one of the worst in the industry to one of the best. He also had helped develop and plan the upcoming launch of a new fiber coating--KTI's first breakthrough in years. In this fictitious case study, Simmonds, along with the company's counsel and vice president of human resources, must figure out how much and what sort of damage control they need. What are they going to tell the company's employees and the media? Should they immediately replace Carpenter with John Brady, the second-in-command of operations? What if Carpenter is taking KTI employees--and strategic information--with him to Daltex? Should Simmonds ask all his managers to sign noncompete agreements-something Carpenter was never asked to do? Should KTI sue Carpenter? Five experts offer advice about communicating with KTI's employees, the media, and Carpenter himself, and about protecting the company's confidential information.     

Adjusting to not being "on top": making effective use of transitions

In today's health care environment, it is possible even for the successful health care manager to be fired or demoted. To ensure continued success, the manager must view a termination or demotion as a normal transition of life and find ways to "move on". Given today's volatile environment, anticipatory planning for job loss or job change, which includes attention to continued professional training, visioning changes in health care, and maintaining strong professional contacts, is an imperative.     

Personal strategies for maximizing your value in an uncertain future

Because of the trend toward downsizing and the increase in job insecurity, managers need to consider strategies to ensure that they are not among those who will be laid off in the coming years. This article presents a set of such strategies, which mostly fall into the two categories of skill enhancement and management style adaptation.     

Migration to the United States and Mexican rural development: a case study

An analysis of the impact of migration to the United States on the sending community and on the labor market in the receiving country is presented based on a case study of Las Animas, Mexico. "As the community becomes increasingly involved in migration, tendencies can be identified regarding changing migration patterns, class differentiation among villagers, impact of migration on village economy, and the changing role of Mexican workers in California labor markets. Results indicate the importance of social networks in determining the outcome of migration; while migration is individually rational, it is a factor of stagnation for village economy, and it helps reproduce segmented California labor markets."     

银行业"变法维新"

"入世"对中国社会经济、政治各层面的冲击,集中体现在法律制度的冲突上,并由此给中国带来一场"变法运动".     

利率市场化的脚步声近了

利率是一个重要的经济概念.从微观来看,利率是资金的价格;从宏观来看,利率是调节资金配置的重要手段,是货币政策传导的纽带,是政府进行宏观调控的重要工具.由于其中蕴含着复杂的经济关系,利率历来是经济金融界探索的重要领域.利率市场化是指中央银行放松对利率的管制,将利率的决定权交给市场,根据各种市场因素主要是资金供求关系,通过一定的定价机制自主地确定资金价格.利率市场化不是利率自由放任的同义语,中央银行可以通过各种形式,如制定利率政策、确定基准利率、进行公开市场业务等对利率进行间接的、宏观的调控.     

资本运营若干问题的理论思考——三论资本运营

资本运营若干问题的理论思考——三论资本运营中国矿业大学乔春华资本运营是我国经济学界的新课题，在目前已发表的论著中，对一些问题还存在一定的分歧，本文拟对此作一些探讨。一、关于资本运营的提法目前，经济学界与企业界流传着“资本运营”、“资本经营”和“资产经...