The George Washington University

School of Business: GWSB News

February 22, 2008

GWSB Announces 2008 Maxon Lecturer

Richard L. Sandor

Richard L. Sandor, chairman and chief executive officer of the Chicago Climate Exchange, has been named the 2007-2008 Robert P. Maxon Lecturer. Sandor’s lecture, entitled, “Global Warming and the Use of Markets to Solve Environmental Problems,” will be held on Thursday, April 3, 2008, at 6:00 p.m. in the Jack Morton Auditorium. The event is free and open to the public.

Richard L. Sandor is chairman and CEO of the Chicago Climate Exchange, the world’s first, and North America’s only voluntary, legally-binding, integrated, greenhouse-gas, emissions-reduction, registry and trading system. Sandor is also a research professor at the Kellogg Graduate School of Management at Northwestern University. In October 2007, he was honored as one of TIME magazine’s “Heroes of the Environment” for his work as the “Father of Carbon Trading.” While on sabbatical from the University of California, Berkeley in the early 1970s, he served as vice president and chief economist of the Chicago Board of Trade. He was honored by the city of Chicago and the Chicago Board of Trade for his contribution to the creation of financial futures and his universal recognition as the “Father of Financial Futures.”

The Robert P. Maxon Lectureship was established through Mrs. Dorothy Maxon’s generous endowment gift to the School of Business in honor of her husband, Mr. Robert P. Maxon, B.A. ‘48. A distinguished GW alumnus, Robert P. Maxon valiantly served his country in WWII. He went on to serve in several executive positions for Mobil, retiring as general manager of worldwide, corporate, public relations. The annual lecture features prominent executives and academics, making presentations on contemporary global management issues. The lectureship is designed to add depth to the understanding of the next generation of global business leaders.

CNBC Reporter Will Speak at GWSB

Steve Liesman

Students and alumni are cordially invited to join the Finance & Investments Club in welcoming CNBC’s Steve Liesman to the School of Business. Liesman, CNBC’s senior economics reporter, will discuss the increasing probability of a U.S.-led recession and its impact on global financial markets.

When: Tuesday, February 26th
Reception 6:00 p.m.
Presentation 6:30 p.m. — 7:30 p.m.

Where: Crain Student & Alumni Center (Duquès Hall, First Floor)

RSVP: Please register by e-mailing, with “Liesman” in the subject field.

Space is limited and business attire is required.

As CNBC’s senior economics reporter, Steve Liesman reports on all aspects of the economy including the Federal Reserve Bank and major economic indicators. He appears each morning on Squawk Box (M-F, 6:00-9:00 a.m.), as well as other CNBC programs throughout the business day. Liesman joined CNBC from The Wall Street Journal, where he served as a senior economics reporter covering monetary policy, international economics, academic research, and productivity.

Online Scheduling Web Application Wins I.T. Business Problem Competition

I.T. Business Problems Competition Winners: Richard Birenbaum, Stephanie Moser, and Stephen Rutgers (not pictured: Evan Katz)
I.T. Business Problems Competition 2nd Place Team: Neer Rao, Jarrad Hubbard and Ari Menase

The college registration process can be frustrating and overwhelming for many students. To help ease the process, Richard Birenbaum, Stephanie Moser, Stephen Rutgers, and Evan Katz created an online scheduling web application as part of the GWSB’s “Spring 2008 Undergraduate I.T. Business Problem Competition.” The product also won them first place honors in the contest. The team’s solution is designed to aid the process of compiling different schedules through the Web.

Second place was awarded to Neer Rao, Jarrad Hubbard, and Ari Menase for a product that focused on reducing GW’s energy consumption. Their solution consisted of smart- occupancy sensors powered by modern, cutting-edge, micro-controllers with sophisticated features such as the ability to self-adjust to occupancy data, reducing the inconsistency that arises from fluctuating use of different buildings on campus.

The “Spring 2008 Undergraduate I.T. Business Problem Competition” challenges student teams to identify a business problem and solve it by using information technology. Teams were evaluated based on their research, analysis, and thorough understanding of the business problem and environment in which it occurs. Now in its fourth year, over 850 GW students have developed more than 245 innovative solutions.

Steven Mandelbaum, GWSB information systems and technology management professor, says the contest is a great opportunity for students to showcase what they’ve learned in class. “Each year, we see our students develop so many new and creative solutions. This represents both the number of organizations and diversity of industries and problems that can benefit from our student’s skills in applying their knowledge of information technology.”

GWSB Associate Dean Appointed to International Human Resources Board

Lawrence G. Singleton

Lawrence G. Singleton, associate dean for undergraduate programs and associate professor of accountancy, has been selected as treasurer/secretary for the Human Resource Certification Institute (HRCI) Board. HRCI is an independent, internationally-recognized, certifying body for the human resources profession. Established in 1976, HRCI awards certifications to professionals who meet minimum eligibility standards and pass a rigorous examination. HRCI testing requires professionals to demonstrate their expertise in both the underlying principles of HR practice and the real-world application of those principles. To remain certified, individuals must fulfill continuing-education requirements or demonstrate their current knowledge of the profession.

Mid-Atlantic Business Plan Competition

Students in the Mid-Atlantic area, who are interested in creating and managing a businesses that deliver innovative products and services to the marketplace, are invited to participate in the 2008 Mid-Atlantic Business Plan Competition.

The event is the premier, collegiate-entrepreneur competition that allows students to compete for substantial capital and other prizes while learning valuable life and business lessons from experienced academians, venture capitalists, and business leaders.

Organizers are making a strong effort to ensure that this year’s competition is more diverse than ever by actively recruiting minority groups and reaching out to historically Black colleges and universities. The competition is sponsored by the MIT Enterprise Forum of Washington-Baltimore, a non-profit volunteer organization established to support and promote high-tech entrepreneurship in the Washington, D.C. and Baltimore areas.

The deadline for student registration is March 9th. To learn more about the competition, visit,

GWSB & World Bank Host Conference

The School of Business, though its Global and Entrepreneurial Finance Research Institute (GEFRI) and Center for International Business Education & Research (CIBER), will hold a conference jointly with the World Bank next month.

What: “Oil Price Volatility, Economic Impacts, and Financial Management: Risk-Management Experience, Best Practice, and Outlook”

When: March 10-11, 2008

Time: March 10, 8:00 a.m. – 8:00 p.m. and March 11, 8:30 a.m. – 5:30 p.m.

Cost: $1,200


Operation Toasty Toes: GWSB Deploys Socks to Korea

Soldiers from the Air and Space Communications Squadron in Korea show off socks sent to them by GWSB staff.
Female soldiers from the Dental Clinic in Korea model socks sent to them by GWSB staff.

Soldiers in Korea have warm and decorative toes thanks to the efforts of several GWSB faculty and staff members. For the past three years, GWSB Special Events Coordinator Donita Vann has been sending treats and goodies to U.S. troops stationed abroad. This year was no different, except instead of goodies for the tummy, she sent goodies for the toes.

Vann mailed nearly 300 pairs of socks, nail polish, and toiletries to troops serving in Korea. She says the mission wouldn’t have been a success without donations from several colleagues; Mary Granger, professor of information systems and technology management; William Handorf, professor of finance; Frank Anbari, assistant professor of decision sciences; and Events Technician George Brown. “My mother taught me to always try to look out for people and help in anyway that I can. This is a small act that means so much to troops serving our country,” said Vann.

In the past, Vann has sent cookies and treats to troops serving in Afghanistan, Iraq, and those recovering at Walter Reed Army Hospital in Washington, D.C.

Former GWSB Professor Featured in National Ad

Hildy Teegen, former GWSB professor of international business and international affairs and director of the Center for International Business Education and Research (CIBER), was spotted in an ad in the Chronicle of Higher Education. The ad promotes the University of South Carolina’s Moore School of Business, where Teegan has served as dean since last September.

LiquidMaize Founder Speaks at GWSB

On February 15, Daron Coates, E.M.B.A. ’96, spoke to GW M.B.A. students about his company, LiquidMaize. The company is an ethanol development and management company that develops, builds, owns, and operates ethanol-producing plants.
Photo Courtesy of: Jessica McConnell/GWU

Getting to Know: Ava Wanzer

Ava Wanzer

Title: Senior Secretary, GWSB Undergraduate Programs

Job Duties: Perform a range of administrative duties for seven faculty members and the Public Interest Committee.

Years at GW: Four

Best part of working for the GWSB: I have a great office environment, which I love. I also like working with the Special Events department and Margaret Vann. I look forward to seeing my children attend college someday, and becoming as successful as some of the GWSB students I work with daily.

Favorite place on campus: The Starbucks Coffee Shop.

What co-workers don’t know about me: I would love to write a book one day.

Family: My fiancé Kevin, and two daughters, 11-year-old, Avaye, and five-year-old AvaShaye.

Favorite things to do on the weekends: Relaxing and enjoying activities with my children.

Favorite vacation spots: My favorite vacation spot is the Dominican Republic, but my children’s is the Disney Cruise that ports in Nassau, Bahamas. My daughters have informed me that they would like to take another Disney Cruise, but this venture would include going to Aruba, Acapulco, Puerto Vallarta, Cabo San Lucas, and Castaway Cay (Disney’s private island).

Getting Ink

Susan Phillips, dean and professor of finance, was quoted in the Wall Street Journal article, “Bernanke’s Fate May Hang on Economy.” The article explored what impact the current economy could have on Fed Chairman Ben Bernanke’s chances of receiving a second term once a new President is in office. “It’s very useful to have somebody who is watching the financial markets and can provide some leadership and stability when you have a change in every other part of the government,” said Phillips. (2/14)

Susan Aaronson, adjunct professor of strategic management and public policy, wrote “Natural Resources, Often a Curse, Can Also Serve the Public,” for YaleGlobal Online. The article was about how some resource-rich countries should use their wealth is improve the lives of its citizens. “This phenomenon, the “resource curse,” afflicts countries that depend on extractive industries, whether oil, minerals or diamonds, to fuel growth. Policymakers in resource-rich countries often become addicted to extractive-industry revenues and ignore the needs of other productive sectors such as agriculture, education, and manufacturing,” wrote Aaronson. (2/8)

Wenjing Duan, assistant professor of information systems and technology management, co-wrote, “Voice of the Crowd: Ballotbox Communications in Online Communities,” with Yun Huang and Andrew Whinston of the Center for Research in Electronic Commerce at the University of Texas, and Mu Xia from the University of Illinois. The article was referenced in the Science Daily article, “Websites influence users, even when they don’t communicate directly.”

Class Notes

Jack McGovern, M.B.A. ‘93, has joined the sales team at MediKeeper. McGovern will help the company expand strategic sales initiatives across consumer, corporate, and government markets. MediKeeper is a leading provider of technology solutions for the health and wellness industry.

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