Business schools are getting more progressive: 8 courses show how | Quartz

Cultural movements like #MeToo and Black Lives Matter are reshaping business schools’ calculations about what future management consultants and C-suite executives need to know. This change is encapsulated by the eight courses that received the Aspen Institute’s Ideas Worth Teaching Awards for 2021, including “Grand Challenges for Entrepreneurs” taught by Emily Cox Pahnke, associate professor of management and organization at the UW.

Business schools chart a new course | The New York Times

The Aspen Institute’s latest Ideas Worth Teaching awards named eight “especially bold” courses that pushed the “boundaries of what was previously thought possible,” the institute’s Jaime Bettcher told DealBook. The course “Grand Challenges for Entrepreneurs” taught by Emily Cox Pahnke, associate professor of management and organization at the UW, is included. [This is part of a roundup of business news]

Dutch Bros’ stock soars, but IPO left some mom-and-pop investors with a bitter taste | The Oregonian

When Oregon-based Dutch Bros had its initial public offering last week, its initial shares went overwhelmingly to large, institutional investors. The company set aside another 5% for employees, business associates and others – “friends and family,” most likely – who could get in at the $23 offering price. But when the stock began trading on the New York Stock Exchange, shares were selling for $37 apiece – far above the offering price. Kevin Boeh, associate teaching professor of finance at the UW, is quoted.

Editorial: Supply chain crunch offers opportunity for Seattle | The Seattle Times

The Seattle Times Editorial Board writes of the global supply chain: “The pandemic has thrown that system into disarray, leading to a breakdown that’s manifested in different ways, including empty shelves at the grocery store, school team uniforms undelivered until after the postseason and even new cars sitting idle at the factory, lacking needed components … With the holiday season around the corner, things are expected to get worse before they get better. But these short-term challenges can lead to long-term opportunities for the region.” Debra Glassman, teaching professor of finance and business economics at the UW, is quoted.

CEO on why giving all employees minimum salary of $70,000 still ‘works’ six years later: ‘Our turnover rate was cut in half’ | CBS News

It was six years ago when CEO Dan Price raised the salary of everyone at his Seattle-based credit card processing company Gravity Payments to at least $70,000 a year. Price slashed his own salary by $1 million to be able to give his employees a pay raise. But that has not happened; instead, the company is thriving. Andrew Hafenbrack, assistant professor of management and organization at the UW, is interviewed.