Media Relations Specialist
Media Alert: Feb. 11, 2013
UMD-Smith Experts Comment on Resignations by Pope Benedict
and SBA’s Karen Mills
College Park, Md. – The announced resignations of Pope Benedict XVI and Small
Business Administration Head Karen Mills have drawn reaction from experts at the
University of Maryland’s Robert H. Smith School of Business.
The Smith School has an in-house facility for live or recorded video or multimedia
Opportunities, Pitfalls for Benedict’s Successor
Gilad Chen, Ralph J. Tyser Professor of Organizational Behavior and Department
“Leaders play major roles in corporate, religious and political organizations.
They are particularly critical in setting and executing the vision and direction
of an organization, but also in helping to shape and clarify to organizational insiders
and outsiders the core meaning of what the organization is all about, and how it
can and should handle opportunities and threats in its external environment.
“As such, the sudden resignation announcement by Pope Benedict this (Monday)
morning will no doubt have significant impact worldwide, and especially on the Catholic
world. Succeeding the Pope will likely be particularly challenging to the Catholic
Church, in light of the major crises experienced by the Church in the past decade,
and given other major social and political changes worldwide.
The ideal successor will be one that would enable the Catholic Church to adapt
effectively to current and future crises as well as capitalize on possible opportunities
inherent in social and political changes. Such successor should, at the same time,
create a renewed sense of meaning and hope throughout the Catholic world and other
social, religious and political constituents who look up to the Catholic Church
for moral, social and spiritual guidance.”
Obama Administration to Refocus on Small Business in Wake of Mills’ Departure
Cliff Rossi, Tyser Teaching Fellow (finance) and Executive-in-Residence:
"The departure of Karen Mills, head of the Small Business Administration, will
bring focus back onto the agency and the Obama Administration’s efforts to work
with Congress to streamline tax policy, incentivize hiring and otherwise establish
policies that will improve the economic fortunes of a major contributor to long-term
economic growth in this country."
About the Robert H. Smith School of Business
The Robert H. Smith School of Business is an internationally recognized leader
in management education and research. One of 12 colleges and schools at the
University of Maryland, College Park, the Smith School offers undergraduate,
full-time and part-time MBA, executive MBA, MS in business, PhD and executive
education programs, as well as outreach services to the corporate community. The
school offers its degree, custom and certification programs in learning
locations in North America and Asia.