When queried at a 1909 business meeting about the choice of colors available for his automobiles, Henry Ford replied that customers could have any color they wanted as long as it is black. Fast forward to the late 20th and early 21st centuries and consumers today are now in the driver’s seat (no pun intended). Publications such as Consumer Reports, CNET, and a myriad of other independent professional and consumer reviews of goods and services empower buyers, dictating to producers the style, features, and price ranges that consumers seek.
Across the long arc of history, few are innocent, but some are wise enough to make good on past wrongs. I’ve written about the importance of curative thinking as vital in bringing the soul back to business. Georgetown University has demonstrated such curative thinking recently, as the below article from the Georgetown website demonstrates.
April 18, 2017 – An apology from Georgetown and the Society of Jesus’ Maryland Province for their roles in the 1838 sale of 272 enslaved individuals for the university’s benefit took place today in the company of more than 100 descendants.
In Qatar’s Education City, Audis and Range Rovers fill the student parking lots leaving any reminders of the vast desert far behind. Unlike the schools of India and China, the common areas of Education City look as though they have been plucked from U.S. campuses with a large complex that spans over 5 square miles and houses 8 Western Universities, one of them for Georgetown. Education City was founded in 2001 by the government of Qatar. Some analysts say that the universities which are serving student bodies that are dominated by foreigners, seem like bubbles cut off from Gulf culture and society.” Many professors are worried that such a type of education “will create generations of Emiratis or Qataris who are very well educated but are disconnected from their country’s history, culture and language.”
The high cost of education usually associated with such name brand schools as the ones found in Education City are not an issue for local citizens. The government of Qatar grants the majority of its citizens full scholarships regardless of financial need while foreign students pay costs similar to the corresponding U.S. schools. “We do realize that the whole operation in Education City is funded by Qatar, so we want to maintain our standards without dropping to a low percentage of Qataris or having no link to society,” said Gerd Nonneman, dean of Georgetown University’s School of Foreign Service in Qatar. The objective is clear: More Qataris in Qatari Schools ! Hopefully, though, there will also be a continued influx of international students so that any discussion and debate on campus will be global rather than local.
Don’t forget to sign up for the Global Marketing Conference on “Trade Policy and International Marketing: Breakthroughs on the Horizon?” hosted by Georgetown University, the American Marketing Association, and the International Trade Administration of the U.S. Department of Commerce on March 14-15. The first day of the conference will be held at Georgetown University and the second day of the conference will be held in the Rotunda of the Ronald Reagan International Trade Center. Avoid late fees and register before March 1, 2013!
To view the program for the conference, please click here.
On Tuesday, February 19th, the U.S. Government stated that China’s military is connected to “Comment Crew,” the same hacking group which attacked Coca-Cola, military contractor Lockheed Martin, and the EMA security division RSA, among many others.
Comment Crew allegedly has access to blueprints of America’s energy systems and trade secrets to from some of the United State’s largest corporations. The threat of a cyber attack from China can be major and can have negative economic and diplomatic implications. Tom Kellerman, former commissioner of President Obama’s cyber security council and current head of cyber security at Trend Micro, estimates that hundreds of billions of dollars a year could be in jeopardy if trade secrets are being stolen, particularly since it is not one machine but entire systems which are at risk.
Along the lines of technology theft, Georgetown University is implementing new security measures for its students with regards to hacking and laptop thefts. Clearly, technology protection is rising to a crucial level of importance.