The George Washington University

School of Business: GWSB News

January 11, 2008

Distinguished Entrepreneurial Achievement Award

Members of the GW community and local entrepreneurs gathered to honor Richard L. Scott with the inaugural GW Award for Distinguished Entrepreneurial Achievement. Scott's daughter, Allison Marie Guimard, B.B.A., 05, is a GW alumna.

The October event included a keynote address by Scott; an address on entrepreneurship and research at GW by President Steven Knapp; and two panels featuring alumni entrepreneurs who spoke about their experiences. The panelists included Antwayne Ford, founder and CEO of Enlightened; Daron Coates, founder and principal of strategic planning of Liquid Maize, LLC; Ken Chaletzky, founder and president of Copy General; Steve Patierno, director of the GW Cancer Institute and founder of Metastatin Pharmaceuticals, Inc.; Matthew Mandell, founder of D.C. Snacks; and Bo Davis, founder of Prometheus and Wasabi Sushi.

Scott founded the Columbia Hospital Corporation in 1987, later renamed HCA, Inc. Today, Columbia/HCA is the world's largest healthcare company with more than 340 hospitals, 130 surgery centers, and 550 home health locations in 38 states and three countries. With annual revenues of $20 billion, the company employed more than 285,000 people, making it the seventh largest U.S. employer and 12th largest world-wide.

Since 1997, Scott has been CEO of Richard L. Scott Investments, LLC, focusing on public and private investments in strong cash flow generating companies. He was recognized by TIME magazine as one of America's 25 most influential people in 1995. Also in 1995, he was named CEO of the Year by Financial World magazine and was cited as one of the Top 25 Performers of 1995 by U.S. News and World Report magazine.

The GW Award for Distinguished Entrepreneurial Achievement was sponsored by GWSB, Blank Rome LLP, SEAS, GW Alumni Association, GW Cancer Institute, GW Entrepreneurs Roundtable, GW Office of the Chief Research Officer, Peter Weissman J.D., '96, and Sharon Worthington.

School of Business Welcomes New Staff Member

Donny Truong Named Web Developer
GWSB welcomes Donny Truong as the School's web developer. Donny will report to Director of Communications Molly Brauer and will be responsible for GWSB's website design and maintenance. He joins GWSB from Vassar College in N.Y., where he served as the school's web designer for five years. Donny was born in My Tho, Vietnam and immigrated to the United States with his family when he was 12 years old. He received his Bachelor of Arts degree in Digital Art & Multimedia Design from La Salle University. He designs simple and accessible sites using established web standards. "I believe that a good design should not only be usable, but should also be visually attractive." He enjoys listening to jazz and hip-hop, and keeps a blog in his spare time to hone his writing skills.

GW Sports Executive Hall of Fame Panel and Induction Ceremony

The George Washington University is fortunate to have two graduates among the nation's most notable sports executives. As part of the annual induction ceremonies for the Sports Executives Hall of Fame, the School is proud to welcome back to GW these role models for School of Business students studying sports management and for the entire GW community.

David Falk, J.D., '75, founder and CEO, F.A.M.E., and professional sports agent Jerry Reinsdorf, B.A., '57, chairman, Chicago Bulls and Chicago White Sox, will be inducted in the Sports Executive Hall of Fame on January 22, 2008 in the Jack Morton Auditorium at 4:00 p.m. Prior to the ceremony there will be a panel discussion, "Sports Powerbrokers: How Teams, Agents and Athletes Score the Win-Win."

Last year's inductees were Ted Lerner, A.A., '48, L.L.B., '50, (managing owner, Washington Nationals), Randy Levine, B.A., '77, (president, New York Yankees), and Sam Perlozzo, B.S.,'73 (former manager, Baltimore Orioles).

The event is open to all GW students, faculty, and staff. Seating is limited and based on a first come, first served basis. To RSVP click here.

Getting to Know: Charly Williams

Title: Senior Secretary for the Ph.D. Program Office

Job Duties: Provide administrative assistance and support to the Ph.D. Program Office, the department dean, the executive manager of the Doctoral and Research Committee, and Ph.D. students.

Years at GW: 10 years

Best part of working for the GWSB: During my 10 years at GW, I have had the opportunity to work in various departments, including the Institute for Global Management and Research, the International Business Department, the Marketing Department, and the Ph.D. Program Office. I really enjoy working with the School's international students.

Favorite place on campus: Gelman Library Starbucks.

What co-workers don't know about me: I enjoy riding motorcycles, deep-sea fishing, political campaigning, working part-time as a flight attendant, showing new homes, and serving as a hostess at political events.

Family: I am blessed to have a wonderful family and a host of dedicated friends. I enjoy spending time with my fiance, George, who likes to cook for me, and we also have fun riding in his antique cars. I enjoy spending time with my 26-year-old son Bobby, my goddaughter Phylicia (17), and my nephew Brian (13).

Favorite things to do on the weekends: Visiting the sick and shut in, taking senior citizens to flea markets and dinner, taking short trips, going to the movies, visiting with my friends (especially my Redskins crew), walking along the National Mall, and visiting the Holocaust Museum.

Favorite vacation spots: Las Vegas, the Grand Canyon, and Pack Creek, Alaska (where you can see bears and bald eagles up close).


Sanjay Jain, assistant professor of decision sciences, published "Distributed Simulation for Interoperability Testing along the Supply Chain." The paper was co-authored with Frank Riddick, Andreas Craens and Deo Kibira of National Institute of Standards and Technology in the Proceedings of the 2007 Winter Simulation Conference. Jain also coordinated the track on Simulation Interoperability and chaired a session on Multi-Agent Simulation at the conference.

Stuart Umpleby, professor of management, published "Reflexivity in Social Systems: The Theories of George Soros" in Systems Research and Behavioral Science. Umpleby was also appointed to the editorial board of the journal Technological Forecasting and Social Change.

Patrick McHugh, associate professor of management, and Mary Graham, associate professor of organizational studies at Clarkson University, co-published "Labor stakeholder views of HR professionals," in The Handbook of Human Resource Management Education: Promoting an Effective and Efficient Curriculum.

Getting Ink

Richard Green, associate dean and professor of finance, was mentioned in the Wall Street Journal article, "Houses, Rents and Bubbles." The paper sited Green's blog, Richard's Real Estate and Urban Economics Blog. (1/2/08)

Sheryl Elliott, associate professor of tourism and hospitality management, was quoted in the article, "Tourism Studies Expanding Rapidly." The story was about the growing field of tourism studies. "Tourism can start on a very small scale without tremendously huge investments. There are special forms of eco-tourism and cultural tourism that fit many developing countries. So developing countries can get on board, can get involved with the tourism sector and realize very, very good economic benefits in a very, very short term," commented Elliott.(1/8/08)

Class Notes

Stephen T. McClellan, M.B.A., '71, Stephen T. McClellan, M.B.A., '71, wrote, Full of Bull: Do What Wall Street Does, Not What it Says, To Make Money in the Market. This is McClellan's second book, The Coming Computer Industry Shakeout, was published in 1984. After a 32-year career on Wall Street he retired from Merrill Lynch in 2003. To learn more about the book visit his website,; or email him at

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