3rd Annual EMBA Conference/School of Management
Business Realities in a Time of Transition
Friday, November 16, 2012/NJIT Campus Center Atrium
As we emerge from the powerful centrifuge of a presidential election year, we must recalibrate our views to the next 4 years of reality. This is not just an “American reality” but a global reality where politics, policy, business, and cultures collide. At NJIT, our EMBA program considers the business environment from multiple perspectives and this conference is a demonstration of that philosophy. This annual event seeks to identify the challenges and highlight the drivers affecting the intersection where business, public policy, and globalization merge. We will also fast forward, exploring future implications of these respective issues and discussing their impact from both local and global perspectives.
8:30-9:15 Registration/Continental Breakfast
9:15-9:30 Conference Introduction: D.
Welcome: Dr. Pius Egbelu, Dean,
9:30-9:40 President’s Welcome: Dr. Joel S. Bloom, President, NJIT
9:45-10:15 Keynote: Managing in Times of Political Predictability, Economic Instability, and Seminal Change
SPEAKER: Honorable Suresh Kumar
Distinguished Visiting Professor of International Business, George Washington University and most recent Assistant Secretary of Commerce & Director General of the U.S. & Foreign Commercial Service (USFCS), Obama Administration
10:30-11:30 The One
Abstract: In the recent past,
Panel Moderator: Steve Adubato, PhD
· John Sarno, Esq., President & General Counsel-Employers Association of NJ
· Debra Osofsky, Esq.
· Jeff Cohen, President, JM Cohen Associates
11:30-12:15 Urban Renaissance as an Engine for Economic Recovery
Lyneir Richardson, CEO - Brick City Development Corporation
12:15-1:15 LUNCH & Speaker
12:45-1:15- Outlook for the New Jersey - New York Regional Economy
James Orr, Asst. VP and Function Head-Federal Reserve Bank of NY
Abstract: This session examines economic
on the labor market, housing market and the financial condition of households. It will highlight
the industries that are the key drivers of jobs and income across the region. Further, this session will also consider how the economic downturn has forced governments in the two states to cope with budgetary pressures. The presentation will also discuss the economic cost of Hurricane Sandy to the region, and how will it be paid for.
1:15-2:15 The Road to Regulation: Drivers for Change in Current Regulatory Climate
Moderator: John Sarno, Esq., President & General Counsel
Employers Association of
William F. Megna, Esq, - The Megna Law Firm - The PPACA: how healthcare providers, insurance and pharma
industries, and medical device industry worked with legislators to
write the final bill
Abstract: Historically, times of economic and social turmoil give rise to regulation. Not surprisingly, the three most significant bodies of regulation impacting financial markets were passed into law during challenging economic times; the formation of the SEC (1934), the Sarbanes-Oxley Act (1992), The Dodd-Frank Act (2010) and the Patient Protection and Affordable Care Act (2010) Food, health and safety and work condition standards that we enjoy today evolved from a migration to an industrial society to an information and service economy, but not without social and economic disruption and dislocation. Regulation is the governmental and societal tool to standardize conduct, regulate competition, protect consumers, spread risk and provide transparency into business practices. Government oversight of these regulations is a demonstration of action that provides comfort to some but is not welcome by all. In discussing the road to regulation for various business and industry sectors, the panel will consider the drivers and impact of regulation on various stakeholders and the economic environment.
2:15-3:15 Branding in a Global Marketplace: Telling Your Story and Making it Relevant
Roger Cohen, President - Cohen International and Lead Consultant, SBDC-NJ
Abstract: This session seeks to illustrate specific examples of how Branding can drive a
company’s global segment growth. How do celebrated Western multinationals promote their brands differently in international markets? Why do companies utilize brand confusion? By highlighting recent successful globalized brands and the strategies that led to their growth across markets and within geographic regions, this session will examine successful strategies used by both large enterprises and small companies.
3:30-4:30 Globalization Today: Opportunities for Growth and Service/Charting Your Future in a New Economy
Speaker: Marjorie Perry, President & CEO, MZMCC Construction
Abstract: The recent economic downturn
across the globe broadcast a shift in global economic structures which appeared
to sustain and expand a set of unique rules for a new global economy. This New Economy is international, entrepreneurial,
and knowledge based. There is a shift of
economic power from first nation economies to other accelerated growth
markets. Information and communication
technologies are increasingly at the center of national competitiveness
strategies around the globe, and are vital to the economic and social growth of
developing and middle income economies.
The keys to success in business markets increasingly are inextricably
linked to the extent to which innovation, knowledge, and technology are
embedded in products and services. In
order to achieve “growth” in this “new economy”, what strategies must be
incorporated into business applications for both
4:30 Closing Remarks
4:45-6:30 EMBA Alumni and Student Networking/Cocktail Reception- 112 Eberhardt Hall
RSVP: Lilia Lozarito, Lozarito@njit.edu; 973.596-8477