Professor Elam
Accounting & Investing Info for San Antonio A & M
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My candidate for the come back kid award is clearly Arnold, read the latest at Pumping Irony . Bush, Al Gore, the Kennedys, please, all of these grew up in a life of privilege and had national name recognition from the get go. Arnold came to prominence in a 1970s film called Pumping Iron, hence…
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One of the grad students found a great article about the MBA experience. He notes the grade inflation as well as his inability to recognize some concepts on exams. While he does not ID the school involved, I would say this is true of many of the programs. The suggestion that there be a national…
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We have noted the cash problems of Airbus lately, so what will they do about it? Ramp up production of the popular A 320 but wait, it offers razor thin margins in a very competitive category. What will this do to the suppliers? One of the interesting things about teaching managerial accounting is that I…
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One of my students at UTPB observed that the problem with college was that it did not offer the course one really needed, Office Politics. Toyota faces much that problem, in the past. Now read how Toyota overcame being a foreign manufacturer. I made the comment along these same lines that for poiltical and positioning…
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As you know I have been advocating different directions for the MBA. Well here comes B/W with Majoring in La Dolce Vita. Seems there is a B School outside Paris, France that specializes in marketing luxury goods, here is the link to ESSEC luxury brand management. To me this has a clear element of DESIGN…
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Jason in the grad class can’t figure out the airlines or the A 380. Well some airlines are quite different than others. Take Singapore Air for example. I logged on and here is a vidoe clip promoting their business class in between economy and first class. Go ahead, take a look, this big seat makes…
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A current buzzword in Higher Ed is the importance of Critical Thinking. This would be the ability to discern statements for what they are, see through the rhetoric, and apply logical reasoning. Consider the Balanced Scorecard. There are four measures Financial PerformanceCustomer SatisfactionInternal Business processInnovation and Learning Now stop and think. If you ask most…
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PLEASE read this article about CQM at Toyota. Here improving the process IS the job, not just building cars. Read about how the paint station used to take 10 hours and waste 30% of the paint in cleaning hoses. Now it takes 8 hours and no paint is wasted. This is not a factory,…
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Donald Trump has created another moniker for himself with his intonation on the TV show The Apprentice, of You’re Fired! Well Ross Perot trumped the Donald so to speak with a genuine reality show called duPont Glore Forgan over thirty years ago. And yours truly was there in the thick of it. You can read …
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Click here for Lusail. This takes you to th3e site for Qatari Diar, the real estate arm for Qatar. Then click on projects, then click on Lusail. This brings up the development pictured at left. Hmmm, reminds me of Everett Dirksen’s quote about Lyndon Johnson’s first $100 B budget, ‘a billion here, a billion there,…