--(BUSINESS WIRE)--
To: Business Editors and Reporters
News Assignment Editors
Re: The Corporation: What Will it Take to Survive the
Millennium?
Where: Palmer House Hilton Hotel (17 East Monroe St., Chicago)
When: Tuesday,
Four experienced business practitioner/observers have been considering the fate of the corporation and its prospects for survival in the 21st Century. What they plan to say on September 29 in a panel discussion sponsored by the Lake Forest Graduate School of Management, may be disturbing, surprising, or reassuring. Their views will certainly be relevant.
-- The "Baby Bust" is upon us. Businesses will be hard-pressed
to attract talent while holding down costs, says Andy
Oleszczuk, president, Tribune Ventures.
-- The U.S. education system has failed to prepare the majority
of students for careers in technology. Furthermore, says
John Rau, president, Chicago Title Corporation, corporate
investments in career growth too often benefit the
employee's next employer.
-- Information technology is squeezing out the "middle
marketer," empowering minimally-financed companies to
compete successfully with major corporations, says Kathy
Brittain White, senior vice president, Allegiance
Corporation.
To these cautionary views, there is the maverick response of Brian Wesbury, former chief economist, Joint Economic Committee of Congress:
-- We are in the midst of a "virtuous circle" in which gains in
productivity lower costs and raise value.
-- The years ahead will be a golden age for entrepreneurs.
-- The Federal Reserve is fighting an inflationary beast that
does not exist.
Moderating a discussion of ideas and predictions will be Mike Jensen, chief financial correspondent, NBC News.
The Lake Forest Graduate School of Management was founded in 1946. The School offers a hands-on MBA program exclusively for working professionals at three campuses in the Chicago area as well as customized corporate training programs. The faculty is composed entirely of recognized business leaders.