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Center for the Entrepreneurship and Corporate Growth
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Click here to read Global Investing: Study Touts Value of Organic Growth
Ed Hess has been named Executive Director of Emory University's Goizueta Business School's new Center for Entrepreneurship and Corporate Growth. This Center will be a research center focusing on the issues of growth at different phases of a business's life cycle. The Center will host its first national conference in October on "Hitting The Growth Wall: The Problems of Growth in Large Corporations", funded by Siemens.
For Immediate Release: March 6, 2003
Media contact:
Victor Rogers
Goizueta Business School
Emory University
www.goizueta.emory.edu
Victor_Rogers@bus.emory.edu
404-727-0568
Goizueta Business School
Opens Center for Entrepreneurship and
Corporate Growth
Annual Growth Conference planned for October
ATLANTA - All businesses, regardless of size, must continually innovate and create new products, services, and opportunities in order to remain viable and financially healthy. Emory University's Goizueta Business School is opening the Center for Entrepreneurship and Corporate Growth to be a world-class research center focusing on the difficult issues of continual business growth.
"Most entrepreneurship centers only focus on start-ups," said Dean Tom Robertson, Goizueta Business School. "The Center for Entrepreneurship and Corporate Growth will focus on growth throughout a business' life cycle -- from start-up to creative transformation," Robertson said.
"Our way of life is dependent upon both our national security and our economic security," said Professor Edward D. Hess, Distinguished Executive in Residence at Goizueta Business School and Executive Director of the Center for Entrepreneurship and Corporate Growth. "Economic security requires businesses to continually grow and produce well-paying jobs for our society. Real economic growth is the key - not accounting games, not financial engineering, not rolling up revenues of many companies into one. Real business growth is the challenge of the next decade and the focus of our Center."
The mission of the Center for Entrepreneurship and Corporate Growth is to be a national leader in the research and distribution of Real Growth Best Practices for all business builders.
"Large companies today are producing growth primarily through cost cutting and lay-offs, and not by growing the top line," said Hess. "Large companies need to re-energize themselves with an entrepreneurial spirit and figure out how to grow in spite of mature markets, low inflation, and global competition."
In today's business environment entrepreneurship is not only an issue for large corporations, but an issue for individuals as well.
"Entrepreneurial skills must become an important part of every employee's toolbox," Hess said. "As industries continue to rationalize the excesses of the '90s, the result will be more consolidations, cost cutting, and layoffs. These employees will need entrepreneurial skills to manage their careers or to start their own businesses."
Other activities of the Center for Entrepreneurship and Corporate Growth will include:
- hosting a series of "Conversations" with successful entrepreneurs;
- operating a web-based Entrepreneurial Resource Network and Mentoring Program;
- publishing the Real Growth Index; and,
- producing and distributing content on how to build successful businesses.
On October 10-11, the Center will present its first conference: "Hitting the Growth Wall: Problems of Growth in Large Companies." The conference will be attended by CEOs and academics and is funded by Siemens Medical Solutions.
Goizueta Business School teaches students to become leaders who not only create value for their organizations, but also improve society. Founded in 1919, the school is home to an undergraduate degree program, a full-time MBA program, an evening MBA program, an executive MBA program, a modular executive MBA program, and a doctoral degree program, together with a set of innovative non-degree executive education programs.
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Copyright © 2003
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