A Business Perspective on Cybersecurity

A Presentation by James R. Elste

Cybersecurity is a critical business issue as illustrated in a recent survey of Board of Directors and C-suite executives. What executives are beginning to realize is, they need to understand and approach cybersecurity as an enterprise wide risk management issue, not just an IT issue.

This presentation, which is open to all majors, will focus on the business perspective and management issues created by cybersecurity risk. We will explore the cybersecurity landscape, leading management practices, and strategies to address these new business realities. We will also highlight the professional opportunities in cybersecurity for business majors.

Wednesday September 23rd, 2015 at 4:00 pm in the Joe Crowley Student Union JCSU Room 402

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Come hear Mike Bosma’s business lessons today! Wednesday, September 9th, at 12pm in AB 110!

Mike Bosma has started and run his own businesses, and has counseled many others about their businesses. He is familiar with how the economy, both in Nevada and the US, impacts the ability to do business. Hear Mike Bosma’s story and the lessons he has learned about what to do and what not to do in business.

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The College of Business welcomes all new and returning students! Make this a great semester by utilizing University resources, such as the tutoring center, the math center, and the writing center. For more information regarding academic resources, visit the University of Nevada Academic Central webpage: Academic Central

The College of Business Student Success Center will continue walk-in hours Monday, April 20th in AB 409. Walk-in hours will be available for students who cannot make it to any appointments.

 

Dates for Walk-ins are as follows:

Monday, April  20,  1pm – 4pm

Wednesday, April 22,   2:30pm – 4:30pm

Thursday, April 23,   9am – 12:00pm

 

Students can ONLY come to walk-in hours for:

  • Major declarations
  • General advising
  • Schedule questions
  • Assistance with planner
  • Graduation checks
  • Mandatory advising holds

Please note, that if a student is on probation or a new transfer they cannot come in for walk-ins.

As the economy begins to rebound, you may notice the person working at the desk next to you this week is not the same person who was there last week. Improving job markets generally cause employees to begin looking for greener pastures.

Turnover is costly. In terms of economic cost, businesses should expect to incur a cost equivalent to about 20 percent of the salary for each departing employee. It is my observation that some companies often struggle to retain good people while others have very little turnover.

In survey after survey, one of the most common reasons cited for turnover is mismanagement of human capital. People change jobs because they don’t feel valued, haven’t been properly trained or mentored and don’t feel like they are heard. This matters more than salary according to the data.

Here are three key areas to reduce the cost of turnover, increase employee loyalty and successfully engage employees.

  1. Effective training. For key positions, identify not only what the key duties are, but also develop a process for performing tasks. Assign a mentor to work with the new hire and to review key processes and procedures and to be available to answer questions. This will help provide a smooth transition as responsibilities move from one employee to another providing a potential opportunity for career progression and job variety.
  2. An onboarding process. First impressions are priceless and both the employer and employee have a lot to do on the first day. Ensuring the work space is prepared, computer information has been set up and obtained, phone numbers are assigned and even having pens and paper available are little things that make a huge impact on new employees.
  3. Regular and in-person communications. While email is the norm for many organizations, it lacks tone and personality to communicate effectively. Employers should have regular team and one-on-one meetings to discuss how teams and employees are working in their roles, in addition to the more traditional results-focused meetings. Open communication helps ensure work teams are effective.

The most successful companies and famous “best-places-to-work” cultures already do these things. As Reno begins to attract more companies from outside the area and compete on a global stage, it is important we develop this type of culture in our businesses. Not only will a happy employee culture ensure business success, but it will also keep top talent in our community.

 

Jim McClenahan

Director of Corporate Outreach and Relations, College of Business

jmcclenahan@unr.edu

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