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Layoffs Without Broader Strategic Planning = Bad News

Vonage is in serious trouble. First it lost a patent suit to Verizon, and it was ordered to pay up $58 million. Then a district court issued an injunction forcing Vonage to stop signing up new customers. And today the company announced that it would slash an undisclosed amount of...

Tags: Strategic Planning, Layoff, Job, Wharton School, Human Resources, Construction, Recruitment & Selection, Workforce Management, Useem, Vonage Holdings Corp., Joseph De Avila

Blog posts 2007-04-12

Additional Resources

Report hails teacher hiring

A new report released yesterday lauds the Philadelphia School District for doing a better job of hiring and keeping more qualified teachers since 2002, but also warns that problems persist in finding enough qualified teachers for schools with high numbers of poor and minority students. To end the "teacher quality...

Articles 2007-04-27

American affinity for choice weakens traditional faith loyalties

When Aurora Turk was growing up in Mexico City, being Catholic was a given. "It was taught to me by the nuns at school and my mother at home," she recalled. "My whole world was Catholic." But Turk's adult life has been marked by religious exploration. Married to...

Articles 2007-03-23

Decisions Under Pressure

On July 6, 1994, Donald Mackey was helping oversee a team of 49 firefighters on Storm King Mountain in Colorado. It looked like a routine fire, but it is always a mistake to treat any back-country blaze as routine. Bad luck and a fatal confluence of environmental factors contributed to...

Articles 2007-02-15

Civil War illustrates decision process

The Go Point When It's Time to Decide - Knowing What to Do and When to Do It By Michael Useem, Crown Business, 288 pp. $25 Reviewed by Cecil Johnson Five "go points" preceded the Civil War turning point Pickett's Charge, maintains Michael Useem, a management professor at the University...

Articles 2006-12-10

Go Point: When It's Time to Decide-Knowing What to Do and When to Do It, The

The Go Point: When It's Time to Decide-Knowing What to Do and When to Do It By Michael Useem (Crown Business, October 2006, $25) Many leaders struggle with decision making, especially when the stakes are high and careers (or even lives!) hang in the balance. But the author maintains...

Articles 2006-10-01

UPFRONT : Leadership means staying on the high side

It's perhaps not surprising that when visiting American leadership educator and author Michael Useem* is asked his impressions of New Zealand leadership, the exemplar that springs to his mind first is Sir Edmund Hillary. Mountaineering is a sport Useem makes special use of for learning leadership -...

Articles 2006-07-04

GO Point, The

The GO Point Michael Useem Published By: Crown Business ISBN-10: 1-4000-8298-6 $33.00 Cdn; 275 pages; hardcover The Go Point puts you "inside the heads of fascinating, often heroic people as they seek to 'get it right.' The Go Point-the moment of truth when you have to say "yes"...

Articles 2006-01-01

Follow the leader: how companies are led translates into how well they perform.(LEADERSHIP)(Brief Article)

BECOMING A LEADER OF A company is an easier task than becoming a great leader of a company. To achieve greatness, leaders must learn from their mistakes and listen to others. > Indeed, "There is much great leadership out there, and many of the best are willing...

Articles 2005-12-16

CLLA Leaders: WHY WE KEEP CLIMBING

Risk, fear, opportunity, and ambition-these are feelings familiar to all entrepreneurs and leaders. While we try to avoid risks, we can't turn the key in the front door of our businesses and careers each morning without facing uncertainty. We never know how the day, the week, the year is going...

Articles 2005-03-01

Interaction of recruiter and applicant gender in resume evaluation: a field study

More than 25 years ago, it was estimated that one billion resumes and applications were screened each year (Levine & Flory, 1975), and that number has certainly risen. For example, it is not atypical for an organization to review more than 50,000 resumes in a year's time (Useem, 1999). With...

Articles 2004-11-01

The war for talent; The trend is unmistakable: executives are opting for the world of private business

ONE OF US helps prepare future managers for the executive suite, and the other helps place accomplished managers in the executive suite. Though at opposite ends of the career line, we are hearing the same refrain: Get us into private equity! Private equity--that world of investment firms like...

Articles 2004-06-22

Part of the profit: risk management and the bottom line

Every manager faces the same dilemma at some point in his or her career--how to make your department's accomplishments known. But although managers should be concerned with this problem, not all have the initiative to tackle it. In his book, Leading Up, Wharton School management guru Michael Useem...

Articles 2004-04-01

The Philadelphia Inquirer Business Book Review.

By Joseph N. DiStefano, The Philadelphia Inquirer Knight Ridder/Tribune Business News Dec. 14--KEY IN BUSINESS IS ENTIRE JOURNEY, NOT JUST PEAK: "Upward Bound -- Nine Original Accounts of How Business Leaders Reached Their Summits," by Michael Useem, Jerry Useem and Paul...

Articles 2003-12-14

Peak experience

IS BUSINESS LIKE MOUNTAIN CLIMBING? PROBABLY AS much as it's like football or physics or any of the other activities it's been compared to. One thing's for sure: Mountain climbing makes great reading. In Upward Bound: Nine Original Accounts of How Business Leaders Reached Their Summits (Crown Business, $24), Wharton...

Articles 2003-11-01

Frontline leadership

How can you teach executives about leadership, decision-making and team building without having to resort to the tried-a-few-too-many-times-but-still-somewhat-true trends of the past? The answer, at least according to the University of Pennsylvania's Wharton School of Business, is to take the executives out of the classroom and into the battlefield-specifically,...

Articles 2003-08-01

FORTUNE Announces List of '25 Most Powerful People in Business'

Business Editors NEW YORK--BUSINESS WIRE--July 22, 2003 Warren Buffett tops list in special "Power Issue;" Bill Gates of Microsoft and Lee Scott of Wal-Mart follow FORTUNE announced its first list of The 25 Most Powerful People in Business today, naming Warren Buffett,...

Articles 2003-07-22

FORTUNE Special: Despite Poor Performance, CEOs Get Paid More Than Ever; Use of Options Declines, But Other Forms of Compensation — Including ``Stealth Wealth'' — Are Growing

Business Editors NEW YORK--BUSINESS WIRE--April 14, 2003 Despite the cry for reform after the corporate scandals of recent years, CEO compensation continues to rise. For an upcoming cover story, FORTUNE magazine analyzed CEO compensation at the 100 largest companies that filed proxy statements for...

Articles 2003-04-14

No 'perfect play'

PAST DIRECTORS & BOARDS author Michael Useem, a professor at the Wharton School of the University of Pennsylvania, was kind enough to invite me to contribute an essay to the Wharton Leadership Digest online newsletter (http://leadership.wharton.upenn.edu/digest/index.shtml). Here are a few thoughts that I offered to the newsletter's audience (10,000 strong!)....

Articles 2003-03-22

Corporate governance focus may reduce investor suits; 2002 Annual Executive Conference for the Property/Casualty Industry.(News)

Byline: MICHAEL PRINCE NEW YORK-Growing attention to corporate governance ultimately should help companies by bolstering their relationship with shareholders and reducing their exposure to securities suits, according to a panel of experts. New rules created by federal regulators and stock exchanges...

Articles 2002-12-23