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Can Student Consultants Help Grow Your Business?

In the spring, for instance, Oliphant's students helped develop a marketing plan and SWOT analysis for a local business called Complete Parachute Solutions – a $33 million company that supplies government agencies with parachutes. You can read more about that in this NYT story.

And this summer, Oliphant took 27 international marketing students on two, two-week trips to Europe (Italy, Austria, and Germany) to visit companies like BMW, Swarovski, Riedel, and a small bicycle tour and rental company called Mike's Bike Tours, owned by American expat Mike Lasher. Among the students' suggestions to Lasher: add local advertising to each bicycle; begin using Google AdWords; start doing a night tour that includes a pub crawl; create and sell more branded paraphernalia. It'll be interesting to see what advice he takes to heart. more

Obrem withdraws challenge to Micrel board Silicon Valley / San

Micrel Inc. said Wednesday that formerly dissident shareholder Obrem Capital Management LLC has withdrawn its slate of nominees for the company's board and agreed to support company nominees at the 2008 annual meeting.

"We are pleased with the ongoing dialogue we are having with Obrem and gratified that we are enjoying a constructive relationship with our largest independent shareholder," stated Ray Zinn, president and CEO of Micrel. "We continue to focus on creating value for all Micrel shareholders and are pleased that Obrem is supportive of our efforts."

Andrew Rechtschaffen, managing member of Obrem Capital, said the firm believes Micrel "has meaningful opportunities to grow and enhance its competitive position ... We look forward to being a long-term shareholder and participating in Micrel's future success."

In May San Jose-based Micrel (NASDAQ:MCRL) said that based on information provided by its proxy solicitor, shareholders rejected an attempt by Obrem Capital Management to replace the company's board and also voted down OCM's proposal to expand the board to six members. more

Triangle unemployment rises to 5.1% The Business Journal of the

The unemployment rate in the Triangle rose to an level, unadjusted for seasonal effects, of 5.1 percent in June.

That keeps the area's job market among the healthiest in the state, helped by a diverse economy that relies on industries including education, government and health care.

But the local market still is slipping amid a weaker economy. The 5.1 percent figure is nearly a full percentage point higher than the jobless rate of 4.2 percent of June 2007.

Across North Carolina, the unadjusted jobless rate was 6.2 percent in June.

Figures were released Friday by the state Employment Security Commission.

Meanwhile, the Triad's unemployment rate rose to 6.4 percent in June, up from 5.9 percent in May, according to information released Friday by the N.C. more

Business newsmaker

QANTAS AIRWAYS LTD., Australia's biggest airline, said Alan Joyce will replace Geoff Dixon as chief executive officer, betting his experience running the carrier's discount unit will help cut costs as fuel prices surge.

Joyce, 42, has run Jetstar since it was founded in 2004, leading it to a fourfold increase in first-half profit, while UAL Corp.'s United Airlines and Delta Air Lines Inc. shuttered their low-cost units.

JPMORGAN CAZENOVE LTD., JPMorgan Chase & Co.'s joint venture with the U.K.'s Cazenove & Co., named Naguib Kheraj as chief executive officer, ending a five-month search for a permanent replacement for Robert Pickering.

ECLIPSE AVIATION founder Vern Raburn is stepping down as the very light jet manufacturer's chief executive officer. more

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Can Student Consultants Help Grow Your Business?

Obrem withdraws challenge to Micrel board Silicon Valley / San

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