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• 7 years - 111 posts - Latest - RSS
• Thread: 281 Goods vs 100 No Goods

1. Economist
   7a49
   

   But the 80 guys probably won't be research active professors, right? They'll probably get rid of some clear underperformers and some deadwood.

   The problem is that unless it's done extremely quickly the good people who are risk averse will go on the market. So these forms of cuts while targeting the deadwood usually also lead to some top people leaving as well. Partially because they don't want to stay in the negative environment but also because the top people usually get very attractive offers which the department can't match as they are in financial difficulty.

   I hear that there is not really financial difficulty. It is a pretext to correct mistakes in over-hiring in the under-performing depts.

   7 years ago # QUOTE 2 Volod 0 Vlad !

2. Economist
   ce8f
   

   Personally I'd be happy to get tenure at a place where completely unproductive deadwood gets fired.
   Tenure should mean that you have the liberty to work on risky projects, so failing to publish in top 5 every year should stay without consequences. Should not mean that you don't have to do any research, stay unavailable to grad students, don't attend department seminars and do a very poor teaching job.
   CBS is full of such deadwood. Good they're cleaning up a bit.
   Still CBS>>>Bocconi.

   7 years ago # QUOTE 5 Volod 4 Vlad !

3. Economist
   bfcd
   

   ^^ So then maybe the Finance and Econ departments are not affected at all but just the weird auxiliary departments will take a hit

   7 years ago # QUOTE 0 Volod 0 Vlad !

4. Economist
   e51f
   

   ^^ So then maybe the Finance and Econ departments are not affected at all but just the weird auxiliary departments will take a hit

   Not true. Finance and Economics have to fire 6 tenured faculty members (3 each). That is less than auxiliary depts which may have to fire 15 tenured faculty each.

   7 years ago # QUOTE 0 Volod 1 Vlad !

5. Economist
   bfcd
   

   Interesting. 3 in each should be easy, though, as they seem to have a large amount of living dead walking around there

   7 years ago # QUOTE 2 Volod 1 Vlad !

6. Economist
   7a49
   

   Personally I'd be happy to get tenure at a place where completely unproductive deadwood gets fired.
   Tenure should mean that you have the liberty to work on risky projects, so failing to publish in top 5 every year should stay without consequences. Should not mean that you don't have to do any research, stay unavailable to grad students, don't attend department seminars and do a very poor teaching job.
   CBS is full of such deadwood. Good they're cleaning up a bit.
   Still CBS>>>Bocconi.

   Trollololololo haha

   7 years ago # QUOTE 2 Volod 4 Vlad !

7. Economist
   490b
   

   Basically the same thing happened at KU (University of Copenhagen) a few years ago, and tenured economics faculty were laid off. They are a top university/dept in Denmark.

   Any example of a reputable dept of finance and/or economics in US or Europe which fired senior people for financial reasons in the last 10 years? Please tell us.
   I can't specifically think of an example in economics or business but it does happen and quite regularly. Here are some general examples from around the world:
   http://www.theguardian.com/higher-education-network/2014/jun/05/kings-college-london-cut-jobs-to-fund-university-buildings
   http://www.abc.net.au/news/2014-03-21/curtin-university-staff-levels-slashed/5337806
   http://www.canberratimes.com.au/act-news/anu-music-head-on-indefinte-leave-as-tension-builds-20120510-1yemu.html

   This is what I am talking about.
   Of course it can happen.
   Firing for financial reasons is OK reason to layoff tenured faculty member anywhere in the world.
   But the key question is: does it happen at the good places in finance & econ? Or only in ill-managed places like CBS?
   That is the whole question!

   7 years ago # QUOTE 0 Volod 0 Vlad !

8. Economist
   f3ce
   

   Don't see why this is a problem. Copenhagen doesn't allow for tenured professor and that is a good thing that should be implemented in more universities given the state of some deadwood.

   The only story I see here is that Copenhagen is withdrawing from the market, or at the least they cannot hire anyone this year.

   7 years ago # QUOTE 7 Volod 2 Vlad !

9. Economist
   7a49
   

   Don't see why this is a problem. Copenhagen doesn't allow for tenured professor and that is a good thing that should be implemented in more universities given the state of some deadwood.
   The only story I see here is that Copenhagen is withdrawing from the market, or at the least they cannot hire anyone this year.

   In this particular case, it is correcting for the unusual and poor vision of a former president in opening up departments with (1) very little value and (2) that no business student would ever choose:

   http://www.cbs.dk/en/research/departments-and-centres/department-of-management-politics-and-philosophy

   7 years ago # QUOTE 0 Volod 0 Vlad !

10. Economist
    f3ce
    

    Exactly. Also in the US universities get around the tenure system by creating new departments, shifting the faculty they want to the new department and then closing the old department (tenure is conditional on being associated with a department and if your department is closed then your tenure with that department ends)

    7 years ago # QUOTE 1 Volod 0 Vlad !

11. Economist
    e51f
    

    Exactly. Also in the US universities get around the tenure system by creating new departments, shifting the faculty they want to the new department and then closing the old department (tenure is conditional on being associated with a department and if your department is closed then your tenure with that department ends)

    But notice that no dept is being shut and 6 tenured faculty members at Finance & Econ have to leave.

    7 years ago # QUOTE 0 Volod 0 Vlad !

12. Economist
    4881
    

    This is true. I would rather be fired at CBS then tenured at Bocconi finance.

    Personally I'd be happy to get tenure at a place where completely unproductive deadwood gets fired.Tenure should mean that you have the liberty to work on risky projects, so failing to publish in top 5 every year should stay without consequences. Should not mean that you don't have to do any research, stay unavailable to grad students, don't attend department seminars and do a very poor teaching job.CBS is full of such deadwood. Good they're cleaning up a bit.Still CBS>>>Bocconi. Trollololololo haha

    Personally I'd be happy to get tenure at a place where completely unproductive deadwood gets fired.Tenure should mean that you have the liberty to work on risky projects, so failing to publish in top 5 every year should stay without consequences. Should not mean that you don't have to do any research, stay unavailable to grad students, don't attend department seminars and do a very poor teaching job.CBS is full of such deadwood. Good they're cleaning up a bit.Still CBS>>>Bocconi.

    7 years ago # QUOTE 3 Volod 2 Vlad !

13. Economist
    d173
    

    Now when everyone observes how sh!tty CBS is, we may safely conclude:
    Bocconi >>>> toilet >>>> CBS

    7 years ago # QUOTE 2 Volod 2 Vlad !

14. Economist
    bfcd
    

    deserves a bump

    7 years ago # QUOTE 1 Volod 0 Vlad !

15. Economist
    7a49
    

    deserves a bump

    Well it is 1pm in CPH, so I suppose it is prime time for more insider information :) Any more protest quitting?

    7 years ago # QUOTE 0 Volod 0 Vlad !

16. Economist
    4b3f
    

    Any news on whether they will cancel their current search?

    deserves a bump Well it is 1pm in CPH, so I suppose it is prime time for more insider information :) Any more protest quitting?

    7 years ago # QUOTE 0 Volod 0 Vlad !

17. Economist
    006c
    

    I just got a response to my application from one of CBS's auxiliary departments. They told me they got tones of strong applications and they've appointed a super fantastic scholar. Poor... now I know they're just bluffing!

    7 years ago # QUOTE 1 Volod 0 Vlad !

18. Economist
    7a49
    

    Any news on whether they will cancel their current search?
    deserves a bump Well it is 1pm in CPH, so I suppose it is prime time for more insider information :) Any more protest quitting?

    All depends whether people there are EJMR bros -- if they can't actually hire as people said yesterday, it is kind of a joke for them to pretend to search. Waste of both the applicants and the interviewers time.

    7 years ago # QUOTE 0 Volod 0 Vlad !

19. Economist
    b6c0
    

    Just to get an idea of how serious this is, how many EJMR bros are affected?

    7 years ago # QUOTE 3 Volod 0 Vlad !

20. Economist
    b6c0
    

    ^ please good this if you are a cbsbro.

    7 years ago # QUOTE 0 Volod 0 Vlad !

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