AmericanTowns.com – This morning, four leaders from the Greater Hartford community were honored with Lifetime Achievement Awards in recognition of their longtime contributions to business and community.
Bloomfield Resident Receives Lifetime Achievement Award
West Hartford Residents Receive Lifetime Achievement Award
Facebook Group Urges Preservation of Old Stanley Buildings
New Britain Herald – When it was announced that Stanley Black & Decker was planning to demolish all nine buildings it owns east of Curtis Street and south of Myrtle Street, some residents celebrated an opportunity revitalize the corner, while others were upset that their beloved city would be losing a bit of its history.
Turning Corporate Compliance into Competitive Advantage
University of Pennsylvania Journal of Business Law, Vol. 19, No.2 (2017)
Compliance is a core concern for corporate governance. Firms devote tremendous amounts of money, personnel, and attention to ensure compliance with regulatory mandates — and yet compliance failures proliferate. This is because the current static and binary view of compliance hinders both efficient compliance by firms and effective regulation by government. Understanding the reality that compliance is both dynamic and driven by efficiency empowers firms to evolve past mere conformance and into wealth maximizing innovation. This Article develops an efficient investment-risk (EIR) model of compliance that captures the tradeoffs between cost and risk, parses the oft-commingled concepts of technical efficiency and allocative efficiency, and enables firms to obtain a competitive advantage through compliance. We also turn our attention to regulators, and highlight how the EIR model can enhance regulatory design, foster regulator-firm cooperation, and advance the mutual goals of business and society. Full article.
What’s On the Horizon for HIT?
The four things I see coming down the road for healthcare information technology:
First, the cost of technology is going down. With the cost going down, it enables the second aspect – pervasiveness of medical devices and technology. We’re going to see HIT more and more in different places at different times. The third major aspect is in the tools and methods from other industries. We’re going to see the kinds of innovations that exist in banking, or travel, or manufacturing being used in healthcare. And finally, there’s an issue that we need to address as a society. That’s the idea of data ethics: “Who gets my information, how do they get to use it, and what do I reserve that only I can access?” Continue Reading
UConn Innovation Quest: EpiGo
CTStartup Podcast– The plight of EpiPen users has been brought into the public consciousness this past year, inspiring two young entrepreneurs to conceive of a smaller, better way to deliver life-saving epinephrine.
Join Chris and Eric as they talk about the inspiration and potential with two members of the four-person team behind this mobile and cost-effective EpiPen replacement.
Gender Equality: Are We Making Progress?
Retiring Professor Gary Powell, Expert in Gender Equality in the Workplace, Recognizes Some Progress in 40+ Years, But Not Enough
Management professor Gary Powell has spent most of his 41-year UConn career as an expert on gender differences in the workplace, and is widely recognized as a pioneer in the field.
Powell announced his retirement on June 1, but will remain active at the University, teaching in the fall semesters and continuing to add to a lengthy list of research achievements. Continue Reading
There’s One Major Thing Everyone Gets Wrong About Amazon and the Retail Apocalypse
Business Insider – Amazon and the rise of online shopping have been repeatedly blamed for the staggering rate of store closures and bankruptcies disrupting the retail industry in the US.
But e-commerce accounts for only a small fraction of the problems pushing many American retailers to the brink of death, according to Doug Stephens, a retail-industry consultant.
In Memoir, a Marine Recalls a Year Training Iraqis
The Virginian Pilot – The Iraqi 5th Battalion and its sister units were integral to proving that the U.S. could turn over the security of Iraq to a reconstituted national army, and in 2005 begin a long-promised withdrawal.