JCU Events
EOS Webinar #5 - The Forensics of Mobsters’ Business Practices
All types of organizations, for profit, not-for-profit, lawful, and unlawful, must be relentless in highly competitive, and constantly evolving environments. Every day iconic brands like Sears and Kodak vanish. Managers in lawful companies face disruptive technologies, groundbreaking new products, and competition from new entrants. Every organization must manage its way through a rapidly shifting world, or else fail. Yet some organized crime syndicates last decades despite massive law enforcement efforts and rival gangs directed at their daily demise.
This webinar describes how the American Mafia applies fundamental economic principles to devise management practices that channel their heinous members' self-interest to achieve the syndicates' objectives. These practices align the organization's business strategy and employee empowerment, incentives, and corporate culture. These principles attract the right people to create resourceful, market-obsessed, and relentless high-performance teams. While lawful managers cannot simply follow the business practices of mobsters, they must apply the same fundamental principles described in the webinar.
Webinar time
9:00 am GMT+8 (Singapore)
Speaker Profile
 | Professor Emmanuel Adegbite Professor of Governance and Management James Cook University, Singapore Emmanuel Adegbite is a visiting Professor of Governance and Management. His widely cited research on corporate governance, corporate social responsibility and corporate finance, has been published in world leading academic and professional outlets. His research has received prestigious awards, and in collaboration with others, has secured close to £500,000 in funding. Emmanuel works closely with businesses, NGOs and governments in promoting corporate accountability, especially in emerging and developing economies. |
 | Professor Jerry Zimmerman Professor Emeritus, Simon School of Business University of Rochester, USA Jerold L. Zimmerman is a globally recognized business professor and author of 7 books. He taught Organizational Economics, Accounting, and Finance at the University of Rochester’s Simon Business School for more than 40 years. He has consulted with numerous clients, to demonstrate how the principles of organizational economics can improve a firm’s culture and its performance. He has served on public-company boards of directors and has been a visiting scholar at international universities. The American Accounting Association and the American Institute of Certified Public Accountants have recognized his research with prestigious honors. Zimmerman is a founding editor of the Journal of Accounting and Economics, one of the most highly referenced peer-reviewed journals in economics. His latest book, Relentless: The Forensics of Mobsters’ Business Practices (2021), examines the corporate governance mechanisms deployed by organized crime syndicates that allow them to survive and thrive. |
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Photos and recording will be taken during the event for news and various publicity purposes