|
|
|
SMITH NEW BRIEFS
Smith School is Among World's Best B-schools
in Recent Rankings
The Robert H. Smith School of Business has
be recognized for academic and faculty
excellence this fall, with the Financial
Times, BusinessWeek and the Academic
Ranking of World Universities all ranking
Smith’s faculty, research and MBA programs
for working professional among the best in
the nation and worldwide.
University of Maryland Ranks No. 16 in the
World for Business, Economics Faculty and
Research
The University of Maryland was recognized as
No. 16 in the world for the strength of its
faculty and quality of research in business
and economics in the 2009 Academic Ranking
of World Universities (ARWU) released Nov.
4. The rankings are compiled by the Center
for World-Class Universities of Shanghai
Jiao Tong University in China. The
University of Maryland also ranked No. 17 in
the broader field of social sciences, which
includes business and economics.
>>Full Story
Financial Times Ranks Smith School
Executive MBA Program Among Top in U.S.
The
Executive MBA program at the University
of Maryland’s Robert H. Smith School of
Business places No. 21 among EMBA programs
in the United States in the 2009
Financial Times executive education
rankings, published today. In addition, the
Smith School was ranked No. 50 in the world
and No. 9 globally for faculty research, an
area of strength for which the school is
consistently recognized as a leader.
>>Full Story
Smith Part-time MBA Program Ranked Among
Nation's Best by BusinessWeek
The
part-time MBA program at the University
of Maryland’s Robert H. Smith School of
Business was named among the best in the
nation by
BusinessWeek in the magazine’s 2009
ranking released Nov. 5.
>>Full Story
Smith School Launches Two New Centers this
Fall on Financial Policy and Social Value
Creation
Center for Social Value Creation
www.rhsmith.umd.edu/svc
On Sept. 25, the Smith School's Center for
Social Value Creation hosted a one-day
forum, “Leadership for a Better World:
Creating Social Value through Innovation,”
featuring a series of high-profile thought
leaders on the role of business in society
and fostering social change through models
of innovation. More than 250 academics,
business leaders, nonprofit executives and
policy makers attended and joined in the
discussion.
>> Full Story with Video Highlights and
Media Coverage
Center for Financial Policy
www.rhsmith.umd.edu/cfp
On Nov. 2, under the lights of camera crews
from C-SPAN, CNBC, CNN and Bloomberg, the
Smith School’s new Center for Financial
Policy shone a spotlight on this
controversial issue at its first roundtable
discussion, “Executive
Compensation—Practices and Reform.” The
event featured keynote speaker Kenneth
Feinberg, a well-known lawyer and mediator
recently appointed to be the Obama
administration’s special master for
compensation.
>> Full Story with Video Highlights and
Media Coverage
 Smith Business Magazine
Fall Edition
|
Latest
News with Video/Audio Highlights |
Smith School's 10th Annual
CIO Forum Features Federal
CIO Vivek Kundra |
|
Smith’s Freshman Fellows
Program Features Marissa
Levin |
|
Smith School Launches Center
for Financial Policy with
Roundtable on Executive
Compensation, Pay
Czar Kenneth Feinberg |
Smith School’s Dean Anand on
WAMU 88.5 FM’s Kojo Nnamdi
Show |
|
Smith School Launches Center
for Social Value Creation
with Inaugural Forum |
|
Thought Leadership 2009:
Marketing to Catch Their
Eyes, Michel Wedel |
|
More Latest
News |
NEWS RELEASE: November 23,
2009
University
of Maryland President
Appoints Business School
Associate Dean Gerald Suarez
to Professor of the Practice |
|
Smith Alumna Lacey Brauer
Catches ‘Lucky Break’ on
Wheel of Fortune |
|
Van Munching Hall Goes
Green (EnergyWi$e) |
|
Smith School Holds Annual
Diversity Event |
|
Women & the MBA: Workshop
for Prospective Women MBA
Students, Dec. 5 |
|
Start Your Holiday Shopping
at Terp Marketplace on
Thursday, Nov. 19, Noon – 4
p.m., Van Munching Hall |
NEWS RELEASE: November 12,
2009
University of Maryland Ranks
No. 16 in the World for
Business, Economics Faculty
and Research |
|
Earn a Certificate in
Innovation Management |
|
BusinessWeek Ranks Smith
School Part-Time MBA Program
Among Nation’s Best |
NEWS RELEASE: November 5,
2009
University of Maryland’s
Robert H. Smith School of
Business Launches Center for
Financial Policy |
|
Smith School Holds 6th
Annual Cybersecurity Forum |
NEWS RELEASE: October 30,
2009
Smith School Honors
Logistics Leader for
Industry and Humanitarian
Contributions |
NEWS RELEASE: October 26,
2009
NYU Takes Top Prize in Third
Annual University of
Maryland M&A Competition
|
|
Smith School Hosts Marc
Cosentino for Case Interview
Prep Workshop |
|
Finance Fellows Meet and
Dine with Industry
Professionals |
NEWS RELEASE: October 19,
2009
Financial Times Ranks Smith
School Executive MBA Program
Among Top in U.S. |
|
Smith MBAs Make a Global
Impact with Internships
|
NEWS RELEASE: October 14,
2009
Gordon Prize in Managing
Cybersecurity Resources
Awarded
|
NEWS RELEASE: October 12,
2009
Smith Launches Center for
Financial Policy with
Roundtable on Executive
Compensation |
|
|
▲ Back to Top
|
|
|
UNIVERSITY UPDATE
NFL Player & Former Terp Madieu Williams
Endows Center in School of Public Health:
Center for Global Health Initiatives
The University of Maryland School of
Public Health and Minnesota Vikings free
safety and UM alumus Madieu Williams
announce the creation of the Madieu Williams
Center for Global Health Initiatives. Made
possible by a $2 million endowment from
Williams, the Center will be an outgrowth of
a partnership among the Madieu Williams
Foundation, the University, Prince George's
County, and the Embassy of Sierra Leone.
>> Full Story
TIME Names UM-Led
Teleportation Research #6
Among Year's Best Inventions
Time Magazine has
picked as the 6th best
invention of 2009 the
successful teleportation
of data between
separated atoms achieved
by a University of
Maryland-led team of
physicists. Time says:
"Inching our reality
ever closer to Star
Trek's, scientists at
the University of
Maryland's Joint Quantum
Institute successfully
teleported data from one
atom to another in a
container a meter away.
>> Full Story
|
|
▲ Back to Top
|
|
|
SMITH SCHOOL IN THE NEWS
November 2009
Washington Post – Nov. 3,
2009 – Story on Fed deadline for pay plan
quotes Fed Reserve Gov. Daniel Tarullo in a
“Monday speech.” (Center for Financial
Policy launch)
Read more.
Federal Reserve Board –
Nov. 3, 2009 – Transcript of Gov. Daniel
Tarullo's speech (Center for Financial
Policy launch).
Read more.
BusinessWeek – Nov. 2, 2009
– Anil K. Gupta, the Ralph J. Tyser
Professor of Strategy & Organization, and
Smith alumna Haiyan Wang write about how
western business schools should play Asia.
Read more.
C-SPAN – Nov. 2, 2009 –
C-SPAN carried live coverage of the morning
session of the Roundtable and Executive
Compensation and taped the entire afternoon
panel and remarks by Federal Reserve Board
Gov. Daniel Tarullo.
Watch video.
Bloomberg TV – Nov. 2, 2009
– Bloomberg covered Kenneth Feinberg’s
speech at the Center for Financial Policy
launch event.
Watch video.
Associated Press – Nov. 2,
2009 – Robert H. Smith School of Business
mentioned as conference host in story about
pay czar Ken Feinberg and Fed Gov. Daniel
Tarullo on executive compensation. AP
reporter Marcy Gordon attended the Center
for Financial Policy launch event.
Read more.
MarketWatch – Nov. 2, 2009
– University of Maryland mentioned as
conference host in story about Fed Gov.
Daniel Tarullo’s remarks on executive
compensation. MarketWatch reporter Ronald
Orol attended the Center for Financial
Policy launch event.
Read more.
Wall Street Journal – Nov.
3, 2009 – Story on Kenneth Feinberg’s
comments at Roundtable event. Dow Jones
reporter Mike Crittenden attended the Center
for Financial Policy launch event.
Read more.
New York Times – Nov. 2,
2009 – DealBook blog mentions Kenneth
Feinberg’s comments at Roundtable event.
Read more.
Reuters – Nov. 2, 2009 –
Story on Fed deadline for pay plan quotes
Fed Reserve Gov. Daniel Tarullo in a “Monday
speech”. Reuters reporter Karey Wutkowski
attended the Center for Financial Policy
launch event.
Read more.
Reuters – Nov. 2, 2009 –
University of Maryland mentioned as
conference host in story about pay czar
Kenneth Feinberg’s plans for executive
compensation reforms. Reuters reporter Karey
Wutkowski attended the Center for Financial
Policy launch event.
Read more.
Bloomberg News – Nov. 2,
2009 – Story on Kenneth Feinberg’s comments
at Roundtable event.
Read more.
October 2009
American Banker – Oct. 27,
2009 – William Longbrake,
executive-in-residence at the Center for
Financial Policy, quoted in an article about
regulatory reform.
Read more.
The Washington Post – Oct.
27, 2009 – Janet Wagner, Associate Chair of
Marketing and Associate Professor, comments
on consumer spending.
Read more.
NPR: Morning Edition – Oct.
15, 2009 – Peter Kyle, Charles E. Smith
Chair Professor of Finance, comments on
ability of small businesses to get loans in
the present economy.
Read more & listen online.
ABC News: World News with Charles
Gibson – Oct. 14, 2009 – Peter
Morici, Professor of International Business,
discusses the controversial issue of bailing
out banks.
Read more.
American Banker – Oct. 13,
2009 – William Longbrake,
executive-in-residence at the Center for
Financial Policy, shares his opinion on the
FDIC’s latest plans.
Read more.
CNN Newsroom – Oct. 9, 2009
– Peter Morici, Professor of International
Business, discusses the stability of the
dollar.
Read more.
Fox News: Special Report With Bret
Baier – Oct. 8, 2009 – Peter Morici,
Professor of International Business,
discusses the economy with a panel of
experts.
Read more.
CBS News: Evening News –
Oct. 3, 2009 – Peter Morici, Professor of
International Business, is quoted regarding
in a discussion of unemployment in the US.
Read more.
The Washington Post – Oct.
2, 2009 – The Center for Social Value
Creation is discussed in an article about
rethinking capitalism.
Read more.
More Smith School in the News:
http://www.rhsmith.umd.edu/news/inthenews/
|
|
▲ Back to Top
|
|
SMITH
BUSINESS CLOSE-UP on MPT
|
|
Thursday, Dec. 3,
2009, 7:30 p.m.
Sunday, Dec. 6, 2009, 7:30
a.m.
Monday, Dec. 7, 2009, 4:30
a.m.
Technology Transfer
Washington, D.C. and
Baltimore were both recently
named among the top 10 best
cities to launch a business
(No. 6 and No. 10,
respectively) by Fortune
Small Business magazine and
the Kauffman Foundation.
With the
Baltimore-Washington region
so ripe for startups, it’s
no wonder the state of
Maryland is supporting
technology transfer
initiatives to get
commercialize research
innovations discovered at
universities and federal
laboratories.
In this edition of Smith
Business Close-Up with the
University of Maryland’s
Robert H. Smith School of
Business, Asher Epstein,
managing director of the
Dingman Center for
Entrepreneurship, explains
technology transfer and how
it could help grow
Maryland’s economy.
Epstein heads the Dingman
Center for Entrepreneurship,
which has partnered with the
Clark School of Engineering
Mtech Program and the Office
of Technology
Commercialization to create
the innovative Tech Transfer
program. The program’s key
differentiator is a
quarterly review process by
technical experts, venture
capitalists, entrepreneurs,
key members of the Mtech and
OTC operations, and the
Dingman Center’s managing
director and
Entrepreneurs-in-Residence.
This important program gives
Smith School MBA students
the opportunity to assist
with technology
commercialization from its
earliest stage, providing
for a rich learning
experience in understanding
and assessing business
fundamentals. Additionally,
this program is
well-positioned to support
the University of Maryland’s
strategic plan to increase
the numbers of ventures
created within the
university community. Some
exciting recent technologies
explored include wirelessly
chargeable batteries and
software to create visual
noise tracking.
Smith Business
Close-Up is co-produced by
the Robert H. Smith School
of Business and Maryland
Public Television.
The television segment
focuses on the latest
thinking in business
management, and features
in-depth interviews with
Smith School faculty and
other members of the
school’s community of
business leaders.
Where to Watch
Smith Business Close-Up can
be seen bi-weekly on
Maryland Public Television’s
“Your Money and Business.”
Watch Asher Epstein on
Thursday, Dec. 3 at 7:30
p.m.; Sunday, Dec 6 at 7:30
a.m.; and Monday, Dec. 7 at
4:30 a.m. on public
television stations
throughout Maryland and the
Washington, D.C.
metropolitan region,
including:
WMPB-TV (Ch. 67), Baltimore
WMPT-TV (Ch. 22), DC
metro/Annapolis
WCPB-TV (Ch. 28), Salisbury
WFPT-TV (Ch. 62), Frederick
WWPB-TV (Ch. 31), Hagerstown
WGPT-TV (Ch. 36), Oakland
Watch Recent
Segments Here or on
YouTube
Developing Managers with
Stretch Assignments
Paul Tesluk discusses how on-the-job experience can be
a powerfully transformative
tool for professional
growth—in fact, research
indicates it may be the
primary vehicle for learning
critical leadership skills.
Many companies use job
assignments to groom
high-potential managers, but
what kinds of experiences
are really valuable for
developing manager
potential?
Financial System Reforms –
Executive Pay
In the wake of the financial
crisis of last fall, the
Obama Administration
appointed “pay czar” Kenneth
Feinberg to work with the
Department of the Treasury
to sort out the way top
executives at firms are
compensated and what reforms
should be made. Recently, Feinberg came out with
a plan to drastically slash
compensation at seven
companies bailed out by the
federal government. But is
focusing on reforming
executive compensation
barking up the wrong tree?
Haluk Unal discusses his
view.
Starting a Business Service
Web Marketplace in a Down
Economy, Recent MBA Grad
Reed Alexander Atkin
Reed Alexander Atkin,
a recent MBA graduate, talks
about how, despite the
recession, he launched an
online service business with
the help of the Dingman
Center for Entrepreneurship.
Setting CEO Pay – Executive
Compensation
Michael Faulkender,
assistant professor of
finance, shares his findings
from research into executive
compensation practices and
how firms decide what to pay
their CEOs.
Creating Social Value
through Innovation
Melissa Carrier, executive
director of the Center for
Social Value Creation,
discusses how creating
social value is an important
business strategy.
Taking Ethics Into Account
Shreevardhan Lele, Tyser
Distinguished Teaching
Fellow of Decision Sciences,
discusses why ethical
analysis is an important
part of any business
decision.
|
|
|
|
▲ Back to Top
|
|
FACULTY
UP FRONT
|
ThoughtLeadership@Smith
December 11
Hugh Courtney, Professor of the Practice of
Strategy, Associate Dean of Executive Education
Creating Success From Uncertainty
READ
MORE & WATCH VIDEO
 Learn
how to successfully navigate through uncertain
times to ensure your organization survives the
current downturn and is positioned to thrive in
the next upturn. Courtney examines lessons
learned from previous downturns and shares
insights from the latest thinking on strategic
planning and decision-making.
Remembering Dr. Russell Ackoff
Dr. Russell Ackoff, a regular lecturer at
the Smith School and Wharton's Anheuser Busch
Professor Emeritus of Management Science, passed
away on Oct. 29 at age 90. The author of dozens
of books, he was a pioneer in the field of
operations research, systems thinking and
management science.
"Dr. Ackoff's perspective on systems thinking
is a foundational element of Smith's Executive
MBA program," said Rob Sheehan, director of the
EMBA program. "He presented a day-long session
on systemic thinking to all of the cohorts as
they started their EMBA experience. His
participation in this program will be sorely
missed but his influence will be sustained."
The University of
Pennsylvania will honor Dr. Ackoff's legacy on
Feb. 12, 2010, which would have been his 91st
birthday. For more information on the memorial
service and charitable gifts in his memory,
visit the Ackoff Collaboratory Blog:
http://ackoffcenter.blogs.com/
Faculty Kudos The University of
Maryland President C.D. Mote has appointed J.
Gerald Suarez, associate dean of external
strategy, to Professor of the Practice in
Systems Thinking and Design.
Michael Ball, Orkand Corporation
Professor of Management Science, was appointed
associate dean of research for the Smith School.
Vinod Jain was appointed associate
director of research. John Haslem,
professor emeritus of finance, has a new book
called Mutual Funds: Portfolio Structures,
Analysis, Management, and Stewardship. The
book is an authoritative, must-read guide to
making more informed decisions about mutual
funds.
Find out more at the Wiley Web site.
Wolfgang Jank and Galit Shmueli
received a best paper award from the Senior
Scholars Best Publications Committee of 2008 for
"Consumer
Surplus in Online Auctions" published in
Information Systems Research. They will
receive the award at the International
Conference on Information Systems in Phoenix,
Arizona during the Senior Scholars Panel on
December 17, 2009. An International Workshop
on Healthcare Operations Management will be held
at the Technion, in Haiffa, Israel on June 27,
2010 in conjunction with the MSOM Conference.
Bruce Golden, The France-Merrick Chair in
Management Science, is the organizer and
Conference Chair.
Siva Viswanathan and Ritu Agarwal
won the award for the best paper published
in 2009 in Information Systems Research
(co-authored with Jason Kuruzovich and Scott
Weiztman).
Smith PhD graduate Antoaneta Petkova,
now an assistant professor at San Francisco
State University, was recognized with the
entrepreneurship division’s top dissertation
award, the Heizer Award, for outstanding
research in the field of new enterprise
development. Petkova’s dissertation, titled
“Reputation Building by New Ventures: Three
Essays on Processes and Performance,” was
chaired by Smith professors Anil Gupta,
and Violina Rindova, formerly a Smith
professor now at the University of Texas at
Austin.
J. Robert Baum, associate professor of
entrepreneurship, and PhD candidate Sheetal
Singh were honored with an entrepreneurship
division IDEA award for their “best paper”, “The
Practical Intelligence of High Potential
Entrepreneurs: Antecedents and a Link with New
Venture Growth,” co-authored with Barbara J.
Bird of American University. It deals with
venture and industry knowledge, learning styles,
common sense, and how these correlate to growth
in employment and sales for new firms.
Rhonda K. Reger Management &
Organizations Department, was an invited Senior
Entrepreneurship Scholar at the fifth Society of
Entrepreneurship Scholars (SES) meeting in
October 2009. This event was sponsored by Ohio
State University and the Kauffman Foundation.
PhD candidate Alan Boss was honored
with an entrepreneurship division best paper
award for his paper, “Preserving the Peace
through Organization Development: 30 Years of
Successful Organizational Change.” The research
deals with venturing within an established
company.
Jeff Kudisch, Distinguished Tyser
Teaching Fellow and associate department chair
of management and organization, and Rob
Sheehan, EMBA director, presented two
sessions entitled, "Assessment Center
Accelerates Development of Leaders for
Challenging Times" at the annual Executive MBA
Council Conference, October 19, in San Diego,
California.
|
|
|
|
▲ Back to Top
|
|
BULLETIN
BOARD
Smith Blogger
Highlights "Is there a
better reason to enjoy a beer?"
- Adam (MBA Blog)
http://blogs.rhsmith.umd.edu/adamh
"I thought first year was supposed to
be difficult and second year a breeze. Well,
apparently I was misinformed."
- Rebecca (MBA Blog)
http://blogs.rhsmith.umd.edu/rebecca
"This was my first Ramadan away from
home."
- Nabeel (MBA Blog)
http://blogs.rhsmith.umd.edu/nabeel
"I’m an entrepreneur. (I think)"
- Scott (MBA Blog)
http://blogs.rhsmith.umd.edu/scott
"What does a father of three young
children, full-time student, president of an
active graduate club, with two on-campus
jobs do for relaxation?"
- Tim (MBA Blog)
http://blogs.rhsmith.umd.edu/tim
"This year, I came across another
unique course, which offers tremendous
insights and from an entirely new
perspective."
- Siddhartha (MBA Blog)
http://blogs.rhsmith.umd.edu/siddhartha
"So we made it to Singapore. Our
pilot, on Singapore Airlines, squeezed us in
between two typhoons to make it here on
time."
- Ward (Graduate Admissions Blog)
http://blogs.rhsmith.umd.edu/graduateadmissions
"My team’s Starbuck’s Royale/After Hours
idea still has some of us wanting to open up
a Starbucks night club in Mexico City."
- Alissa (EMBA Blog)
http://blogs.rhsmith.umd.edu/alissa
Smith School on Facebook
On Facebook? Become a
fan of Smith now! Smith School Twitter
Feed
See what's happening at Smith by
following our Twitter feed!
http://www.twitter.com/smithschool
Smith Business Magazine, Spring 2009
http://www.rhsmith.umd.edu/smithbusiness
Research@Smith Newsletter, Spring 2009
http://www.rhsmith.umd.edu/research/ras
Latest News RSS Feed:
http://www.rhsmith.umd.edu/news/rss/news.xml
Smith Video:
Subscribe to "Smith Business Intelligence"
on iTunes or directly to our Podcast RSS
Feed
http://www.rhsmith.umd.edu/news/podcasts/
|
|
Submissions |
|
Do you have an announcement or photo
for Smith Newslink Inside? Send items to
aleyl@rhsmith.umd.edu for consideration. |
|
|
▲ Back to Top
|
|
|
MBA EDITION
Fall 2009
|
|
|
|
|
|
|
|
Smith
Newslink Inside is a production of the Office
of Marketing Communications in cooperation with
the Office of Administration.
Editor
Office of Marketing Communications
Alissa Arford-Leyl
Regular Contributors:
Smith Media Group:
Tim Lewis, MBA Candidate 2010
Siddhartha Jain, MBA Candidate '10
Scott Lewis,MBA Candidate '10
Nabeel Jawad, MBA Candidate '11
Jessica Bauer, Intern
Office of Administration
Office of Smith IT
Office of Executive Programs
Office of Masters Programs
Office of Undergraduate Programs
Dingman Center for Entrepreneurship
Send comments
or submissions to:
aleyl@rhsmith.umd.edu.
|
|
|
Give anonymous feedback on Smith
Newslink:
|
|
|
|
| |
|
SMITH SCHOOL
RETAIL EXPERTS SAY CONSUMERS WIN THIS HOLIDAY
SEASON
Frugal consumers win this
season: “Consumers will be especially deal-prone
this season so retailers may have to resort to
deep discounting. Anticipating a dismal holiday
season, many retailers have already cut down
inventory and started holiday discounts early
this year. Many good deals are already out there
and some hot items may sell out this year.”
-- Jie Zhang, associate
professor of marketing and Harvey Sanders Fellow
of Retail Management, is an expert on retailing,
e-commerce and promotion strategies.
Research-proven shopping
strategies: Dr. Rosellina Ferraro, assistant
professor of marketing at the Smith School,
recently published research on unplanned
purchasing, which found that there is an average
46% chance shoppers will make an unplanned
purchase while at a store. In light of the
current economy, Ferraro and her co-authors
constructed some easy-to-use strategies for
budget-conscious consumers to use during the
upcoming holiday season- and all year round.
* Use a shopping list. And
stick to it!
* Make more frequent, fewer-item trips. Get in,
get the items you need, and get out.
* Limit browsing. Visiting all of the aisles
increases the chance that you will make
unplanned purchases.
* Limit the time spent in the store. This will
force you to focus on the task at hand; getting
what you came for!
* Pay in cash. Make the decision to use cash
before you enter the store. Paying by credit or
check lessens the “pain of paying” and makes it
easier to pick up things you hadn’t planned on
purchasing.
-- Rosellina Ferraro,
assistant professor of marketing, is a consumer
behavior expert
Last-minute shopping won’t
pay off “Consumers who are last-minute shoppers
need to rethink their strategies this year.
Retailers have trimmed their inventories to
avoid the massive pre-Christmas markdowns, which
hurt profits last year. Consumers who wait may
not find the perfect gift.”
-- Janet Wagner,
associate professor and associate chair of
marketing, is a retail expert with a focus on
customer service.
|
|
|
