Curriculum

Education & Outreach

With the support and generous funding from BB&T, $1.5 million over a 10-year period, the Center for Leadership, Innovation and Change (CLIC) is pleased to announce the following planned activities:

  • BB&T Colloquium on Capitalism, Ethics and Leadership lecture series
  • Undergraduate Fellows Program
  • MBA leadership development
  • Non-degree executive education programs
  • Strategic alliances to collaborate on developing real solutions
  • Internships

CLIC Sponsored Courses at Smith

David Sicilia

The CLIC sponsors two courses offered at Smith. The graduate level class is Special Topics in Business: Capitalism: How It Works. The undergraduate level class is Special Topics in Management and Organization: Entrepreneurial Capitalism Around The World.

Both courses are taught by Prof. David Sicilia, associate professor of history at the University of Maryland and affiliate faculty member, Robert H. Smith School of Business.

Undergraduate Course: Entrepreneurial Capitalism around the World

How does capitalism innovate and create value? What are the key characteristics, similarities, and differences in present-day Western European and the U.S., East and South Asian, Latin American, and Islamic capitalism, and what explains those differences? Who are some of the leading theorists of entrepreneurship and capitalism, and do their theories appear to have explanatory power?

In order to be effective – and to rise above the technical level -- management students training to work in a capitalist world should be knowledgeable about the fundamental characteristics, varieties, and theories of capitalism. In this discussion-intensive course, students learn how to succeed in today’s global economy through a variety of case-based projects.

Graduate Course: Capitalism, How It Works

What is capitalism? How does it innovate, destroy, spread, mature? What are the institutional, political, and cultural underpinnings of viable capitalism? Why does capitalism take different forms in different local, national, and regional settings? What can we learn about what is common and what is variable in capitalism by studying its varieties across time and place? How have the ideas of leading theorists shaped policy, academic discourse, and popular notions of capitalism? How and why have entrepreneurs and business managers thrived – and failed – in various capitalist settings?

To address these and related questions, students begin by examining major theories relating to capitalism. Building on that foundation, they devote most of the course to exploring several leading varieties of capitalism and their implications for business leaders. Many of the readings will be case studies.

MBA Student Project (Smith Experience) at MedStar Southern Maryland Hospital Center

The CLIC also sponsors Smith Experience projects. In the 2012-13 academic year, the CLIC organized a project for students interested in human capital at MedStar/Southern Maryland hospital. For the project, Smith MBA students developed a toolkit to help managers with hiring, disciplining and counseling policies and procedures.

Excerpt from Reba McVay, Vice President, Cardiovascular Services:

MedStar/Southern Maryland hospital

“The MBA students are helping the managers to meet a need by developing a toolkit that can be used to assist them in meeting a challenging area of HR. Choosing the best staff for their areas and then helping that staff develop may seem like an tried and true, been there done that kind of thing, but in light of the changes in workforce generational ideas, goals and expectations it is important to be sure the manager does the best job possible. While that may not seem to fit the idea of challenges in caring for patients and families, staff selection means matching up quality care with customer service—a major impact on health care today. Staff must be skilled clinicians, kind, caring and willing to go the extra mile for their patients and family members.

Developing a toolkit to assist the manager, new or experienced, with the hiring, disciplining and counseling policies and procedures that is expected of them has tremendous value. No matter where you work the process is similar, but it is a learned behavior which can always be polished. All the forms and working through the specifics can be a bit frustrating if you do not know the correct steps to follow. This toolkit will be a guide on how to handle each step of the process of employment and how to deal with specific issues, such as employment laws, where to turn for assistance when the employee needs help in dealing with FMLA, or how to build a file that will withstand an employment arbitration review. The MBA students have already shown a tremendous ability to hone in on the issues and are busy pulling together the resources needed for this task. I am looking forward to the finished product and so are all the managers who have been involved in the project. Many of the managers have verbalized what a great idea this toolkit will be. It has truly been a pleasure to work with the MBA students on such a valuable project.”