
Offshoring May Slow Impending U.S. Economic Recovery
When jobs return, they will likely be in developing countries where labor is more cost-effective.
Fred Maidment, PhD
To cut costs and ride out the recession, many U.S. companies are offshoring jobs at greater rates than in the past. Many of these jobs will not return to the United States—yet another obstacle to an eventual economic recovery.
IT Outsourcing: China Grasps for the Lead
China presents a major threat to India in the global IT outsourcing industry.
Yunus Kathawala, PhD, and Christoph Heeren
Is a shift in the global outsourcing of IT occurring? India has long been known for its dominance in the field; however, China is making strong headway.

Domestic Partner Benefits in the United States
A Discussion of Issues Related to Cost, Plan Design, and Administration
James Schaefer, MBA
The rapid increase in U.S. households comprised of non-married couples has created a challenging environment for employers as they try to keep pace with the changing profile of the work force.
Examining the Role of Short-Term Correlation in Portfolio Diversification
Study shows that the nearer and shorter the timeframe, the greater the likelihood an investment will move from uncorrelated to correlated.
Jeffry Haber, PhD, and Andrew Braunstein, PhD
The benefit of holding uncorrelated assets is that they should not all move in lock step—while one goes down, hopefully another will increase. This article examines whether the oft-quoted long-term correlations are similar in the short term as well.
Special Technical Analysis
The Buffett Approach to Valuing Stocks
Steven R. Ferraro, PhD, CFA
This article showcases the process famed U.S. investor and Berkshire Hathaway CEO Warren Buffett is reported to go though to determine the intrinsic value of a publicly traded company.
The Economics of Energy
Audio Interview with BP’s Chief Economist Christof Rühl
Warren J. Hahn, PE, PhD
As BP’s chief economist, Dr. Rühl analyzes global economic developments and their impact on energy markets, and provides strategic input into BP’s activities. Prior to joining BP, he served as the World Bank’s Chief Economist in Russia and in Brazil.
Prescription for Success
Audio Interview with McKesson U.S. Pharmaceutical President John Figueroa
Danielle L. Scott
John Figueroa began his career with McKesson in August 1997 as Vice President of Sales for California for McKesson Health Systems. Prior to his current role, he was responsible for the company’s relationships with retail chains and mail service customers, their largest and fastest growing segments.
Editorial
E-Learning is Green Learning
Owen P. Hall, Jr., PE, PhD, Editor-in-Chief
Universities can help shape sustainability efforts in the short and long term by educating the next generation of leaders through enhanced e-learning that includes strong sustainability components within the curricula.
The Book Corner
In this issue, Graziadio faculty offer reviews of:
- The Ascent of Money: A Financial History of the World by Niall Ferguson
- Executing Your Strategy: How to Break It Down and Get It Done by Mark Morgan, William A. Malek, Raymond E. Levitt
- From the Bureau to the Boardroom: 30 Management Lessons from the FBI by Dan Carrison
- The Genius Machine: The 11 Steps That Turn Raw Ideas into Brilliance by Gerald Sindell
- The Holy Grail of Macroeconomics: Lessons from Japan’s Great Recession by Richard C. Koo
- Investing Against the Tide: Lessons From a Life Running Money by Anthony Bolton
- Leaders Make the Future: Ten New Leadership Skills for an Uncertain World by Bob Johansen
- Leading with Kindness: How Good People Consistently Get Superior Results by William F. Baker, PhD, and Michael O’Malley, PhD
- The Make Money on Foreclosures Answer Book by Denise L. Evans
- Reinvention: How to Make the Rest of Your Life the Best of Your Life by Brian Tracy
- Retire Rich from Real Estate by Marc W. Andersen
- Street Fighters: The Last 72 Hours of Bear Stearns, the Toughest Firm on Wall Street by Kate Kelly
- Why She Buys: The New Strategy for Reaching the World’s Most Powerful Consumers by Bridget Brennan