Friday, August 15, 2008

Criminal Teachers: Corporate Ex-Cons tell their story in hopes to educate

Most would agree that employing ex-convicts is not a new business trend to follow. But, can it be used to enlighten MBAs? Jane Porter with Business Weekly released a story about a former manager of MCI who created a $6 million dollar money laundering scheme. Walter A. Pavlo Jr. was caught and sentenced to two years in a federal prison, divorced by his wife, became unemployed and moved in with his parents. Although Walter is in fact an ex convict he is now being paid $2,500 per visit to speak to students and at corporate speaking engagements about his crime. Business school professors created ethics centers and courses in response to the Enron-era scandals. Some schools participating in these types of guest speaker seminars include the New York University, University of California, and Purdue. These colleges and companies have employed people like Walter Pavlo Jr., Chuck Gallagher, and Barry J. Webne to make lectures less academic and give students ability to witness first hand people with practical experience. The concern is in doing these types of scare tactics are we scaring them straight or giving them pointers? The universities and some corporate companies paying people like Pavlo, who made $100,000 in one year from doing seminars, think so. Not only is this trend becoming popular there has been a 30 percent increase in demand for these types of seminars over the past year. Pavlo joined a company called Pros & Cons who book former executives with criminal records like himself for seminars. Since joining Pros & Cons in 1994 he has consistently brought in $60,000 to $80,000 a year and is now up to $100,000 plus. In reviews of his seminar some would go to the extent to say they admire Pavlo for his courage and felt that the public could learn from his advice that fraud does not pay. Others feel that what he is doing is a “slap in the face to humanity” and that it only would encourage others with intents to follow where he went wrong. In either case whither you agree or disagree it sets a point that companies must implement fraud awareness from within itself. Establishing better control programs as well as better educational programs for employees as to how people steal, and how to report them to the proper company authorities will help protect your establishment from being taken by crooks.

Friday, August 1, 2008

A Sign of Things to Come

It’s a new day and a new age. Everything has to be faster, smarter, better. Are you? What about your projects?

The greatest detriment to speed when working on a project is disorganization. And the biggest cause of disorganization is miscommunication, or the lack of communication. So what can you do about it? How do you become faster, smarter, and better? The friendly folks at Microsoft have provided a solution. Microsoft Office Project is a project management tool that allows you to:

* Effectively manage and understand project schedules
* Build professional charts and diagrams for easier understanding amongst project teams
* Effectively communicate complicated information
* Gain greater control of resources and finances
* Track projects according to your needs
* Quickly access the information you need

Never before has project information been at your fingertips all in one place. Not only does Microsoft Office Project help you manage information, but it also helps you create a project plan and make decisions on what changes should occur. For example, if you decide to make a change, Microsoft Office Project will highlight everything else that will be affected by that change. It also allows you to undo at multiple levels allowing you to experiment with “what if” scenarios for certain changes and return to the original schedule and plan.

With additional features such as project templates, leverage charts and diagrams, visual highlights, and flexible project tracking and analysis it’s easy to see how useful Microsoft Office Project would be to any project manager. This tool is a sign of things to come. Soon it’ll be necessary to use a tool like Microsoft Office Project just to stay on par. So if you want to be faster, smarter, and better, don’t get left behind. Go out and get Microsoft Office Project today.