Events & Promotions
|
|
GMAT Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.
Customized
for You
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Nov 2007:30 AM PST
-08:30 AM PST
Learn what truly sets the UC Riverside MBA apart and how it helps in your professional growth
13 Jul 2009, 15:20
Kudos
Bookmarks
I was just reading the latest Mckinsey quarterly which focuses on how the federal stimulus will impact the the three major industries: high tech (including broadband), health care and green energy. So it shouldn't come as a surprise that these companies will be ramping up their government liaison departments and consequently (I'm hoping) b-school hiring will increase in these areas. From the article :
"Companies will need to formalize these arrangements by weaving their public-sector and government affairs groups into the process of developing strategy and monitoring its execution. A leading private-equity fund learned some of these lessons quickly. Its first response to the new environment was to have its government affairs team work actively with regulators, but only on issues directly affecting the private-equity industry. The fund soon realized, however, that stimulus expenditures would have dramatic effects, beyond relatively narrow finance industry issues, on many companies in its portfolio. Now it’s reorienting and bulking up its government affairs team."
In short, candidates with prior public sector experience will most likely have a wealth of career options at top b-schools. Budding entrepreneurs who can tap into the spending, especially in health care will find numerous options as well. Of particular interest is the "EMR" (Electronic medical records) industry. It doesn't take a lot of expertise to start a 'SaaS' company that can help small to mid size physicians store and manage EMRs and such a venture can have an almost instant product - provided the necessary due diligence is done.
Here's the complete article.
https://www.mckinseyquarterly.com/Teleco ... tries_2383
"Companies will need to formalize these arrangements by weaving their public-sector and government affairs groups into the process of developing strategy and monitoring its execution. A leading private-equity fund learned some of these lessons quickly. Its first response to the new environment was to have its government affairs team work actively with regulators, but only on issues directly affecting the private-equity industry. The fund soon realized, however, that stimulus expenditures would have dramatic effects, beyond relatively narrow finance industry issues, on many companies in its portfolio. Now it’s reorienting and bulking up its government affairs team."
In short, candidates with prior public sector experience will most likely have a wealth of career options at top b-schools. Budding entrepreneurs who can tap into the spending, especially in health care will find numerous options as well. Of particular interest is the "EMR" (Electronic medical records) industry. It doesn't take a lot of expertise to start a 'SaaS' company that can help small to mid size physicians store and manage EMRs and such a venture can have an almost instant product - provided the necessary due diligence is done.
Here's the complete article.
https://www.mckinseyquarterly.com/Teleco ... tries_2383
13 Jul 2009, 18:29
Kudos
Bookmarks
Hmmm... I can't see the stimulus money having that big of an impact. Most of it is going to fund gov't agencies. For example, of the $19B going to health care, 40% is going to the NIH to fund scientific research (which mostly goes to universities).
Stimulus Plan Breakdown
I'm sure the green energy companies will get a decent chunk of cash considering it isn't that big of an industry right now.
I think the policy changes will have a bigger effect, however, it's pretty hard to estimate exactly what those changes will be.
RF
Stimulus Plan Breakdown
I'm sure the green energy companies will get a decent chunk of cash considering it isn't that big of an industry right now.
I think the policy changes will have a bigger effect, however, it's pretty hard to estimate exactly what those changes will be.
RF
