Wednesday, December 09, 2009

Biz 101 Lesson

Mr. Bice teaches a business lesson.

In June 2007, administrators at Waukesha County Technical College opened the doors of a new $4 million building to house the Institute for Graphics and Imagining, an experimental effort to provide cutting-edge training to printing firms around the world.

...On Tuesday, board members voted unanimously to notify the institute that they are canceling the contract between the two.

There was a reason:

In truth, there were some signs early on that the board was taking a big risk.

A 2006 report prepared by a WCTC associate dean noted a sharp decline in printing shipments and jobs since the early '90s. The study also pointed to a number of other potential problems, including the fact that officials had failed to survey printing companies to determine their training needs

Doh.

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