My name is Alan Jackson and I am a member of RIT’s Saunders College of Business Online Executive MBA Class 21. Our cohort attended orientation at RIT from August 10th through the 12th, 2016 in order to meet our new teammates face-to-face along with the great staff RIT has put together.
This fall will mark our 40th international trip for the RIT Executive MBA Program. The international trip is a required portion of the curriculum and coincides with International Business and Finance courses. In addition to visiting companies, and receiving presentations on country-specific topics as a group, there are cultural visits to key points of interest. There is also the consulting project in which individual teams of three-four students each visit and interview executives at selected companies to enable them to conduct and complete their respective team projects during the trip. Teams make contact with a specific company in –country ahead of time. They research that company and industry in preparation for their consulting project.
In the past, the majority of EMBA trips were to Prague, Czech Republic. We had an established relationship with VSE (Prague School of Economics) and the students raved about these trips. After 14 years of going to Prague, we took a trip to China and had a great experience. After a few trips to China, we started a more formal analysis to evaluate new location possibilities and determine where we could provide the best experience each year. Since 2012, our trips have included:
A few months ago, I blogged about Apple and its product commercialization efforts. Apple’s market capitalization, which was approaching $1 trillion just before I wrote the blog, reflected investors’ expectations that CEO Tim Cook would continue to exploit Apple’s innovation capabilities and introduce a steady stream of “WOW” new products. The hallmark of Apple’s strategy under Steve Jobs was the creation of new product categories such as the iPod, iPhone, and iPad. Just as important was Apple’s creation of a digital eco-system including iTunes, apps on iPhone and iPad, and iOS.
Leadership lessons occur constantly in all sorts of situations. Serving on a board of a not-for-profit, coaching a little league team, or even planning the family reunion all involve leadership skills. A recent count of our executive MBA students showed that some 86% of them have a significant leadership role outside of work.
For those following this blog who are not familiar with the EMBA program, perhaps I should take a few seconds to explain what we are doing in Poland and why. As part of our “International Business Seminar,” we take an international trip to see up close how international businesses and multi-national companies operate. While we are here, we will also be given our own client for whom we will provide a report on how to improve their business. This part of the trip comes toward the end of the week. Before we get there, the goal is to learn as much as possible about how business is done in Poland.
The value of an MBA degree can really be measured objectively or subjectively depending on your viewpoint, or personal experience if you already sport the credentials. We can talk about the quantitative side: return on investment, payback period, increased job opportunities etc. Or we can talk more qualitatively: expanded knowledge base, broadened views, better marketability, and improved leadership capabilities to name a few.
Apple's market cap of over $600 billion is by far the highest stock valuation in the world. This valuation has been driven by Apple's success in new product development, particularly with the iPhone family, which represents over 60% of Apple's profits. Historically, a substantial new product innovation premium has been priced into Apple's valuation.
Apple's stock price has been under pressure recently. Apple reached a post stock split record high of $122.07 on July 20, 2015. Some analysts were forecasting that Apple would be the first company to reach $1 trillion in valuation. On August 24, 2015 Apple's stock price is just under $107, a 12% decline from the July 20 high.
Some of this decline is caused by softness in the Chinese market, which is critical to Apple's growth. But a significant portion of the decline occurred before the very recent troubles in China and the devaluation of the Chinese currency, the yuan. Analysts are concerned that Apples' robust product innovation machine has hit a pothole.
I’m over the moon to FINALLY be doing this!
My name is Jen Oloo. I currently live in Austin, Texas and hold the position of EVP, Client Service at Brandmuscle, a marketing technology firm. I’ve been with Brandmuscle for over 8 years and initially joined the organization as a Manager. I’m originally from a small beach community outside of Los Angeles.
Through my 15 years of experience in this field, I’ve often considered going back to school. 2015 is the year I’m making that happen. A busy travel schedule and two young children at home made it clear that online learning would be an ideal environment for me to earn a degree. Rocheser Institute of Technology stood out right from the gate, being named one of the top online programs by U.S. News & World Report, and is a well-recognized and respected university.
RIT’s Executive MBA admission process was a key differentiator for me. Their personal touch and comprehensive interview process was refreshing. These people obviously care a great deal about who will be included in their program. I felt that if accepted, I would be contributing to a cohort of like-minded, top-performing individuals.
I was right.
References to the value of the U.S. dollar and other major foreign currencies by the financial news outlets have become as ubiquitous today as the stock price quotations of our most heavily traded companies. The value of our “greenback” has seemingly garnered even more attention in the past several months as analysts and pundits debate the impact of a rapidly rising U.S. dollar on corporate earnings. However, if you’re like most people, this information comes and goes and doesn’t really stimulate much further thought. Changes to the values of our currencies are much like the proverbial tree falling in the woods without witness – it happens, but if nobody cares does it really matter?