Alan Mulally, president and chief executive officer of Ford Motor Company, was honored recently as Executive of the Year by the Dean's Council of 100, a group of prominent business executives who advise the W.&nsbp;P. Carey School of Business. In presenting the award, W. P. Carey School Dean Robert Mittelstaedt noted Mulally's exceptional leadership in turning Ford around without requesting government bailout money. Here is Mulally's speech and the question period that followed.

In the opening moments of Bob Anderson's presentation at a recent conference sponsored by the Center for the Advancement of Business through Information Technology, the IT executive used the words "innovation" or "innovative" or "innovate" seven times. He has reasons to harp on that theme. Now chief technologist for Best Buy Co., Inc., the nation's largest consumer electronics outlet, Anderson defines innovative thinking as creative, inventive, radical and fearless. And when you're a retailer of products sold by everyone from Sears to Circuit City, coming up with new and better ways to service customers is crucial to survival, he said.

Does the world of business — in the past dominated by men — pose any special challenges for women? With one startling exception, a selection of presenters and attendees at the recent annual meeting of the National Association of Women Business Owners told a video crew from Knowledge@W. P. Carey that "yes, it's an issue, but you can overcome it." Here, prominent female business researchers from the faculty of the W. P. Carey School offer their points of view.

By focusing on solutions rather than causes, Pratham — a non-profit organization dedicated to primary education in India — has been remarkably successful in motivating donors and volunteers, not to mention the children this program has brought back into classrooms. According to Balaji Koka, associate professor of management at the W. P. Carey School of Business, much of the organization's effectiveness comes from wise framing of the problem and solutions at hand. What's more, Pratham's approach could serve as a primer for any business trouper trying to rally office forces.

In a global marketplace, change isn't just good. For many companies, says Angelo Kinicki, it's necessary. In a recent paper Kinicki, a professor of management at the W. P. Carey School of Business, and his co-authors examined the effect of organizational change on workers in a large government office. They found that significant change greatly impacted both the psyche and performance of employees.Fail to take this into account and force changes that employees aren't prepared to handle, and your company risks alienating its workers, losing money and, in the end, seeing those great strategic changes fall flat.