ADVISORY/Lake Forest Graduate School of Management Seminar on Corporate Survival Set for Sept. 29

Business Wire, Sept 23, 1998

--(BUSINESS WIRE)--

To: Business Editors and Reporters

News Assignment Editors

Re: The Corporation: What Will it Take to Survive the

Millennium?

Where: Palmer House Hilton Hotel (17 East Monroe St., Chicago)

When: Tuesday, September 29, 1998, 7:00 a.m.

Four experienced business practitioner/observers have been considering the fate of the corporation and its prospects for survival in the 21st Century. What they plan to say on September 29 in a panel discussion sponsored by the Lake Forest Graduate School of Management, may be disturbing, surprising, or reassuring. Their views will certainly be relevant.

-- The "Baby Bust" is upon us. Businesses will be hard-pressed

to attract talent while holding down costs, says Andy

Oleszczuk, president, Tribune Ventures.

-- The U.S. education system has failed to prepare the majority

of students for careers in technology. Furthermore, says

John Rau, president, Chicago Title Corporation, corporate

investments in career growth too often benefit the

employee's next employer.

-- Information technology is squeezing out the "middle

marketer," empowering minimally-financed companies to

compete successfully with major corporations, says Kathy

Brittain White, senior vice president, Allegiance

Corporation.

To these cautionary views, there is the maverick response of Brian Wesbury, former chief economist, Joint Economic Committee of Congress:

-- We are in the midst of a "virtuous circle" in which gains in

productivity lower costs and raise value.

-- The years ahead will be a golden age for entrepreneurs.

-- The Federal Reserve is fighting an inflationary beast that

does not exist.

Moderating a discussion of ideas and predictions will be Mike Jensen, chief financial correspondent, NBC News.

The Lake Forest Graduate School of Management was founded in 1946. The School offers a hands-on MBA program exclusively for working professionals at three campuses in the Chicago area as well as customized corporate training programs. The faculty is composed entirely of recognized business leaders.