Showing posts with label Hard times. Show all posts
Showing posts with label Hard times. Show all posts

Time to be grateful? Or pro-active?

Indeed, these are interesting times. Many say it’s a time to be grateful that the Commonwealth of Pennsylvania reduced its financial support by “only 18%” –as opposed to 54% that was originally proposed. Also, it’s time to be glad that the collective bargaining agreement that governs the employment relations between faculty and coaches has not been re-negotiated; what can we expect when the first move by the faculty negotiators was to offer –not even accept—a salary freeze for the next academic year! Time to be grateful that we have jobs, right? After all, unemployment has kept stubbornly above 9% in the past months! (For details, click here.)

But, before we accept this common wisdom, take whatever the Commonwealth and the union offer and resign ourselves to a new contract with salary raises that barely match inflation (if at all!), I suggest we check some of the assumptions behind all of this gratefulness we, faculty members should have.

First of all, while it’s true that national unemployment has remained at the highest level of the decade, I believe we should examine some evidence. Consider the graph in the following link (the Bureau of Labor Statistics will probably be changing it to the most current figures as time goes by):

http://www.bls.gov/emp/ep_chart_001.htm

This figure also clearly ties to us, as faculty, in a number of ways. First, it clearly shows that what we do as teachers has significant economic (as well as cultural and intellectual) value for our students and our state --and we need to remember that and remind others of it. Moreover, this figure demonstrates that, for individuals with faculty-level qualifications, the average unemployment rate in 2010 can be as low as 1.9% for doctoral degree holders or as high as 4.0 for colleagues with only a master’s. It turns out that all those years in school, student loans, etc. do pay off!

Now, before you conclude that I’m suggesting we should all pack up and find jobs in private universities –since our state government is evidently uninterested in continuing to support rural higher education—, I will acknowledge that faculty mobility is not high, especially once one has achieved tenure. Instead, we have to be proactive in these difficult times.

I believe we must start by looking after our own basic needs. Trying to do “more with less” –or even “the same!’’—may be not only insulting, but also dangerous to our health. I already see some colleagues taking on increased workloads as a result of frozen hiring, coupled with recent retirements, smaller budgets for temporary positions, student workers, etc. Burnout may be right around the corner if we don’t take appropriate measures (see Ms. Scholar's column for suggestions clicking here).

Next, our professional development and commitment to research cannot stop! Unless there is a sudden change of heart in Harrisburg, it is quite likely that this is only the first of four, perhaps eight years of reductions in state support for our schools. We must continue to grow professionally. We also need to continue using and honing the rarest and potentially most valuable of our skills, the ability to do research. Not only do publications improve our individual résumés and collective reputation, they might be one of the strongest ways in which we differentiate our university from organizations that charge lower fees but simply cannot offer students what we can when we stay current in our fields. If our skills and reputation take a hit in the next few years, we will be unable to convince the shrinking student population that our university is worth attending, or find alternate sources of employment, should the need arise.

I am sure there are other ways to be proactive in these difficult times. If we work together to be proactive, we can be grateful to each other. I hope we do inspire and help each other find ways in which we will not only survive but thrive during these interesting times.

…Hispanic Business Research

I am returning from the 2010 Conference and Career Expo in Chicago as I write this note.  What an incredible event this has been, changing the lives of hundreds of individuals who find jobs, schools, talent, and like-minded individuals who are willing to spend their time, their money and many other resources to improve society through education for and about Hispanics!  What a long sentence too, but my batteries get so recharged every time I attend a NSHMBA event like this!!

A particularly exciting development (especially at the personal level) is that, starting October 2010, I have assumed the position of Editor-in-Chief for the Business Journal of Hispanic Research, NSHMBA’s most noticeable and recent effort to educate not only ourselves, Hispanics, but all of society! By systematically and scientifically documenting the situations, problems and solutions that Hispanics and non-Hispanics businesspersons encounter, the BJHR bridges research and practice, to serve students, mid-level managers and executives that are interested in going beyond what “common sense” (often the least common of the senses!) and mainstream media tell.

I am excited about this opportunity for several reasons. I have found my professional calling in research because the scientific method has transformed the way we live, work, and study; progress in all areas of life has accelerated since our society has been documenting its problems and solutions in a systematic manner. I also believe that keeping records of a subject of study by means of academic journals helps it transcend beyond time! Let me explain: I have often wondered, “shouldn’t we know more about the Mayans, Incas, Aztecs or other Native Americans than about the Jewish people, who lived in a more remote place and time?” Besides the obvious answer that religions have played a large role in preserving the knowledge our society currently has about the Abrahamic legacy, I believe that a key factor is that they wrote things down in a way that has been transmitted by generations!!!

To the extent that we are serious about keeping our Hispanic heritage alive and passing it to future generations, I believe we need to read, write, publish and promote outlets that specifically focus on Hispanics. Thousands of books are published every year, but very few of them are written by, for or about Latinos. In Business, there are also hundreds of journals dealing with every business function from the mainstream perspective, but only one is currently publishing content that is targeted explicitly to and about Hispanics in the business world, and that is the BJHR.

No other Society or Association of MBAs has assembled a group of qualified and diverse executives and academics to call for, double-blind review and publish content that specifically focuses on its Mission, and I believe that this is one of the more tangible ways in which NSHMBA enacts its vision to become the “premier organization for Hispanic business professionals”! The BJHR distinguishes us as a group that cares about ongoing professional development, and it can be used as a recruitment, retention, and fundraising tool –it simply makes me incredibly proud to be a NSHMBA Lifetime member!

Regarding fundraising, I also was impressed when Andrés Velásquez, from the Cleveland Chapter of NSHMBA, shared with me and Manny Gonzalez –our new CEO—that a most effective approach to sell sponsorships for the upcoming Hispanic Summit (May 19-20, 2011; mark your calendar!) has included sharing an issue of the BJHR with potential sponsors. Diversity and Inclusion executives seem to appreciate the contribution that NSHMBA gives to society through this publication, enough to share some of their scarce resources to support other activities that also carry the NSHMBA brand, again, the only Society of MBAs that has been willing to improve society through educating not only Hispanics but anyone else willing to take the time and effort to read the BJHR.

I can also see many challenges in this road I’m starting. You might be aware that, recently, the BJHR has been published online only, as the printing, shipping and handling expenses have been too high for NSHMBA to bear. Of course, publishing it online only is better than not doing it at all, but, as the anecdote above suggests, fundraising without a printed copy might be less effective. Also importantly, the number of business researchers who include Hispanics in their professional interests is quite low, and peer reviewed research reports take months, when not years, to be completed. Strengthening the pipeline of articles to keep the BJHR fresh and useful for its readers might need special promotion in the form of research grants and other initiatives. I hope that we –all of NSHMBA’s stakeholders, internal and external—will be able to create and support these initiatives so that we can continue to improve society through education.

I feel both privileged and humbled to get the baton from Dr. Donna Maria Blancero, who had the vision to found the journal and is now part of the Faculty at Bentley College, in Boston. I am also grateful to NSHMBA’s Board of Directors and to its Interim CEO, Steven Ramos, who ensured that the BJHR survived through some of the worst economic times that NSHMBA has undergone, and initiated the process that Manny finalized to bring me to this position.  I also have to thank the BJHR Editorial Board which has continued to support the journal through its economic difficulties, particularly Henry Hernandez, Jr., and Drs. Dianna Stone-Romero and Mickey Quinones. The journal also has a debt of gratitude to Drs. C. Douglas Johnson and Rob DelCampo, who worked very hard as Associate Editors but are now moving to other responsibilities.

Ms. Maru Tapia has been working beyond her contractual obligations as the Managing Editor who has “kept the doors open” even before Clarion, my home university and NSHMBA started to explore the agreement that will enable me to serve in this capacity. Jim Huerta has been serving as a Development Executive, finding ways to expand the BJHR influence and sustainability. And, last, but never least, every reader of the BJHR who applies its lessons in their professional life, benefitting not just his or her career, but also their companies and society at large!

What about you? If you haven't read the BJHR recently, please use this link. I'd like to know your thoughts about it; your suggestions or comments are very much needed to make this publication a stronger asset for you, your chapter and your organizations!

¡Hasta la próxima!

…counting blessings

It’s that time of the year again…! By the time you read this, hopefully the stats for Black Friday have presaged a better shopping season than last year’s, supporting the economic recovery that we have been expecting and very much need. Yes, the stock market has been rallying with a strength not seen in years and unemployment figures improved just before Thanksgiving, but the two-digit statistic of this “trailing indicator” (meaning that it usually improves only after other indicators like industrial production or retail sales do) is still a major cause of concern –especially when we can identify faces in our family or circles of friends that can be counted among those unemployed!

Yes, for many of us, this is a season to be jolly, as our families have a roof above their heads and the little ones –as well as the older ones—will be receiving clothes, toys, candy, and so many other seasonal treats. When our industries are doing well –or, at least our organizations—our year-end celebrations are a must; the past few months demonstrate how easily the winds may change and, for one, I feel grateful that Education has been enjoying record enrollments, even in the face of exponential rising of tuition fees, a fact that underscores the need for organizations like NSHMBA!

But this is also a time for solidarity. To the extent that those around us are in need, this is an exceptionally fitting time to help. We know that every year there are people in need and our human, gregarious nature calls us to be there for those who are having a bad time –economically, psychologically, or in any other aspects. Still, I would argue that this year is different. With over 10% unemployment and uncertainty in business and political reforms, this year it is easier to find needs to cover!

Things we can do
Of course, the most obvious, perhaps easiest way to help is to give donations to charities, to churches, synagogues, mosques, and many other non-profits that can always use an extra dollar to further their mission. Again, this year might be a more urgent year to offer monetary help, as many non-profits are reporting that donations are down this year, and demand for their services has increased. But you know where I’m going, don’t you?

An even better, and probably more rewarding way to help is volunteering; by giving some of your precious time. Your company might have volunteering programs –let me know if you’ve used them recently!

Added benefits, documented in The Health Benefits of Volunteering, a report by the Corporation for National and Community Service (http://www.nationalservice.gov/) include greater life satisfaction, lower depression rates, longer lives, and better physical health. The report even goes as far as to suggest that volunteering leads to stronger communities and better public health at the state level! States like NV, NY, LA and FL, where the 2006 volunteer rate was below 20% had much greater heart disease rates and mortality rates than states like MN, UT and NE, where the volunteer rate is about 40% or higher. While the evidence offered is not bullet proof –they use regression analyses, which are not appropriate to determine causality by themselves—the point is well taken: volunteer 100 or more hours per year and you may see your own health improve, in addition to witnessing the improvements in those you helped.

Sometimes your family also needs your “spare time” (by the way, you know it simply won’t happen if you try to do this only during the time you have left, right?). This season gives us a perfect excuse to visit the relatives that we have not met for a while! Whether they are in a different country or just across the street, why don’t you try to take advantage of the opportunity to reconnect, to remember the old times and prepare for the next ones?

As always, I look forward to your thoughts or reactions on my facebook profile or via email to drolivaslujan (at) gmail.com. ...and Merry Christmas! Happy Hanukkah! Happy Kwanzaa! I hope that your worst moments in 2010 are like the best of 2009!!!

...Difficult Times

This is not an easy moment for me to write this column. Not only am I in the middle of the semester, busy with the usual class preparation, grading, coordinating, and serving in multiple committees, but also I have been feeling somewhat inadequate when I interact with my practitioner friends and acquaintances.

Essentially, the driving fact appears to be that the Education industry hums to a different beat than the rest of the economy. This might actually be good news for organizations like NSHMBA, as many graduate business programs are expecting an influx of students who might find themselves furloughed or downsized, or simply are redirecting their careers. It is not unlikely that the supply side of our annual conference and job expo will see more growth in the near future -let's hope that the demand continues to grow as it has until last year

As a Professor of Management, I have already started to see more students in my classrooms. Also, during the past few months, I have been chairing a search committee to hire two new colleagues (a very rare occurrence as several departments, including mine, had been declined hiring even one position the previous year). This has meant reviewing and scoring a few dozen applications, resumes, transcripts, letters of recommendation, etc. All of that in preparation for telephone interviews with about ten "short-listed" candidates, and then setting up interviewing schedules for five finalists, working in coordination with a search committee. As I write these thoughts, one job offer has been extended, another one is being processed, and I have my fingers crossed that the negotiations will be prompt and successful so that my colleagues and I are better able to serve our constituents this Fall semester. If any of the offers are declined, I will have to go back to the pool of applicants and see whether others are not just qualified and fit with the department's needs, but also whether they have not yet accepted an offer from another Business School!

I am not trying to portray the Education world as "a bed of roses," in cheerful expansion. I am fully aware that there are several universities that have frozen their hiring plans for a future semester due to the revenue cuts that are expected as a result of the recession (for a few examples, see: Chronicle of Higher Education article on academic hiring freezes). But the fact of the matter is that, while we, educators have no access to seven-figure salaries, ESOPs, well-funded expense accounts, or the first-class treatment that many of our former students had grown used to until last year, neither are we as likely to experience aggressive "right-sizing" as corporate America has in the past few months (knock on wood!).

Simultaneously, I have been serving in several committees within and outside the university (most of the time it's both a pleasure and a career responsibility). One of my service opportunities is within the Society for Human Resource Management's Global Expert Panel, through which I share some of my expertise and obtain a great deal of "intelligence" from the field. It is becoming increasingly apparent to me that even strong companies are facing budget cuts, deferred capital investments, and similar measures designed to weather the economic storm that we are currently navigating. I have felt somewhat inadequate sharing with fellow panelists the good news that are happening in my career or on my neck of the woods. Just imagine sharing that I am getting ready to give a seminar in Argentina or that I just got a workshop accepted for the most important academic conference for Management researchers or that last year I made about seven presentations in cities in three countries, while several of the panelists have seen their travel budgets slashed and one or two have signaled that they are exploring opportunities in other organizations.

As Sgt. Maj. Velazquez expressed in his January column for the bottom line (see p. 2), perhaps this is the "kick in the pants" that our society needed to wake up from "our self-induced greed coma." I agree that we must keep our spirits up even in the face of uncertainty and poor economic prospects. Ultimately, it is what we do within our circle of influence what matters for those around us.

We definitely are "living in interesting times," as the allegedly Chinese curse says...! Please feel free to email me (drolivaslujan_at_gmail.com) or post your thoughts online clicking the link below.

¡Hasta la próxima!