Prepare an executive summary that addresses the major issues in this case using these questions What

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Prepare an executive summary that addresses the major issues in this case using these questions

• What happened before the wall street journal article appeared and who was involved?

•How do you think the decision was made to pay faculty in this way? do you think more people were involved than just dean Hasler?

•Why was there a need, or at least a perceived need, to make these sorts of supplemental payments?

•What was the nature of the dilemma that dean Hasler faced? Specifically, did he need to either find a way to make the payments or to begin to watch the school decline in the rankings?

•Assume, now that you’re dean Hasler, and that

(a). A cadre of highly talented faculty is necessary for the has school to achieve and maintain its top-20 national ranking,

(b). Paying market-level salaries is essential for you to be able to attract and retain highly talented faculty,

(c). Your best faculty currently are at the top of the university-allowed pay scale, which is approximately 25% below market-level salaries for competing business schools, and

(d). These faculty will go elsewhere unless they are paid market rates. What options are available to you?

• Which options are the most feasible? Which options are not feasible?

• Does it matter what was the source of the funds that were used to make these payments? Assuming it wasn’t from a grant or restricted financing source, does it matter whether these funds were to be used for other programs?

• Assume that

(e). Compensation was for program and curriculum development,

(f). The faculty members in question completed no additional work to earn this compensation, and

(g). It is not possible to determine which programs or individuals have received less benefits as a result. Determine accountability and responsibility for the following:

- Dean Hasler for creating the idea.

- Faculty members for voting in favor of this idea.

- University administrators for approving the idea.

- Faculty members who accepted this type of compensation.

h Now, you’re dean Hasler and marc Lifsher appears on your doorstep. what is his agenda?