The George Washington University

School of Business: GWSB News

March 07, 2008

GWSB Names New Associate Dean for Research and Doctoral Studies

Krishna R. Kumar

GWSB has named Krishna R. Kumar associate dean for research and doctoral studies. Kumar, also a professor of accountancy, has research interests in the economic analysis of accounting and auditing issues. He teaches financial accounting and financial statement analysis.

“At the GW School of Business we strive to provide far more than typical research incentives for our students,” said Susan M. Phillips, dean of GW’s School of Business. “Through our 12 research centers and institutes we involve doctoral students in the cutting-edge research that sets the school apart. We are delighted to have a person of Dr. Kumar’s quality leading that effort. Our students will graduate with sufficient real-world, research experience to guide them through a lifetime of career choices.”

Kumar said, “Scholarship and the advancement of knowledge are central to the mission of the GW School of Business. I look forward to facilitating the School’s progress toward achieving preeminence in scholarship. Our faculty and doctoral students are the keys to our success.”

Kumar’s current research focuses on audit industry stress due to client migration in the wake of Arthur Andersen’s failure, as well as the role of cash flow in the valuation of firms with investment opportunities. He has a strong record of publication in prestigious scholarly accounting journals including: The Accounting Review, Journal of Accounting Research, and Journal of Accounting and Economics. Kumar earned a Ph.D. at Columbia University in 1988, an M.B.A. at the Indian Institute of Management in 1976, and a B.S. at the Indian Institute of Technology in 1974.

Second Life Class

GW Second Life

Students, who enjoy playing and exploring in the on-line world Second Life, will now get a chance to help build it. John Artz, associate professor of information systems and technology management, will offer a summer course where students will learn how to create and activate 3-D content for Second Life. During the class, “Web-based Systems Development,” students will also be required to participate in a small-business consulting project, where they will analyze a Second Life business. “I’m trying to prepare my students to understand all the aspects of Second Life. When this hits they need to be ready for it, just as they needed to be ready for the web ten years ago,” commented Artz.

Second Life is a 3-D, shared, virtual world much like a video game without monsters and weapons. It’s often referred to as the next generation of the web and sometimes called the 3-D web. Dr. Artz will offer two sessions (maximum of 40 students in each) of the class this summer. For more information email him at

Col. G. Alexander Crowther Discusses "The Impact of Iraq on U.S.-Latin America Relations"

The Center for Latin American Issues (CLAI) hosted a dialogue with Col. G. Alexander Crowther on March 4. Col. Crowther returned recently from a tour in Iraq, where he served as a senior advisor to U.S. Ambassador Ryan Crocker. He is currently a research professor of national securities studies at the Strategic Studies Institute of the U.S. Army War College in Pa.

Burt's Bees Executive Visits GWSB

From right to left: Paula Alexander, U.S. director of marketing at Burt’s Bees, Deepika Sheth, president of GW-AMA, and Catherine Siris, executive VP of GW-AMA

More than 70 students from various schools, disciplines, and backgrounds gathered on February 29 to hear from Paula Alexander, the U.S. director of marketing for Burt’s Bees. Alexander discussed the company’s business model in conjunction with the importance of “Marketing Corporate Social Responsibility, Responsibly,” focusing on Burt’s Bees efforts to set an industry standard for the definition of “natural” products. Alexander told the group social responsibility includes being honest with consumers and making concerted efforts to educate them on ingredients and production processes that are harmful for them and the environment.

Burt’s Bees’ business model is based on “The Greater Good,” a leadership philosophy that encompasses everything that makes the company’s products special. This core value has made Burt’s Bees the leading natural personal care brand with over $250 million in retail sales. Alexander leads the body, sun, baby, lip and face-care categories, managing marketing communications, strategy, and new product development.

The event was sponsored by GW’s chapter of the American Marketing Association and Net Impact, a network of campus business leaders committed to using the power of business to create a better world.

GWSB Alum Speak to Marketing Students

From left to right: Kevin Anderson, Amy Ganderson, Nancy Krikawa, and Keiko Fukasawa

The GW chapter of the American Marketing Association brought back a few members of the class of 2007 to speak with current students about their transition to post-graduation careers. In a program titled, “Preparing for the Big Leap: Full-Time Student to Full-Time Employee,” four recent GWSB grads, Kevin Anderson, Amy Ganderson, Keiko Fukasawa, and Nancy Krikawa, spoke about their current positions and answered questions from students. The group represented companies in the metropolitan Washington, D.C. area including AOL, Discovery Networks, Choice Hotels, and McKinley Marketing. The speakers discussed how they landed their full-time jobs and internships, and what skills they felt were valuable in the workforce.

Dean's Office Welcomes New Staff

Virginia M. Hammell, likes to be called Ginny. She has been named the director of finance at GWSB. Ginny will be responsible for GWSB’s financial oversight and management. She joins GWSB from the Financial Emergency/Emergent Issues Team in GW’s Office of the Executive Vice President/Treasurer, where she had a three-month assignment as finance manager for the Gelman Library System.

Ginny was raised in Summit, N.J. She received her B.A. in Economics from Hood College and an M.B.A. from Loyola University (Baltimore). Despite passing the CPA exam the first time, she never worked as an accountant. Her previous employment included serving as a senior administrator for Princeton University, an auditor at the Comptroller of the Currency, and a loan packager and underwriter on the Katrina Recovery Team. “I enjoy solving complicated financial problems so that the solutions serve people.“

Her volunteer work included working with the Girl Scouts and serving as treasurer of an historic church in Old Town Alexandria, Va. She and her husband Rob, an architect with Skidmore Owning and Merrill, raised two children. Their daughter, Hilary lives and works for a non-profit women’s advocacy group in New York City; son, Davis, is a student at Yale, and was a member of the 2006 Ivy Championship football team that beat Harvard!

CNBC Reporter Addresses GWSB Students

On February 26, 2008, the GW Finance & Investments Club hosted CNBC Senior Economics Reporter Steve Liesman, in Duqués Hall. Liesman took questions from undergraduate and graduate students on a variety of topics ranging from sovereign wealth funds to ailing bond insurers.

The event was sponsored by the GWSB Finance & Investments Club (FIC), the largest student organization in the School of Business. The club sponsors a distinguished speaker series as well as financial training programs and networking opportunities for all GW students. FIC was founded by students in 2002. Their representatives can be contacted at

GW Alumni 2008 Olympics Travel Package

GW’s Office of Alumni Relations and the School of Business’ Department of Tourism and Hospitality Management are pleased to announce a special trip to China this summer! This uniquely tailored program, planned for August 13-18, will be set against the backdrop of the 2008 Beijing Games.

The 2008 Beijing Games Alumni Travel Program includes:

  • A five-night stay at The Great Wall Sheraton Hotel Beijing (includes breakfast);
  • A tour of the Great Wall and other local cultural attractions;
  • Three presentations on “Doing Business in China,” coordinated by Lisa Delpy Neirotti, associate professor of tourism and sport management;
  • Special receptions with local GW alumni and visiting students; and
  • Access to event tickets for the Beijing Games (at an additional cost and on a first-come, first-serve basis).

The cost of the program is $5,000 per person (not including airfare).

Download a 2008 Beijing Games Alumni Travel Program Registration Pamphlet (PDF). For more information contact Alumni House at 202-994-3435 or

Getting to Know: Leif Kindberg

Leif Kindberg

Title: Senior Secretary, GWSB Department of International Business

Job Duties: Assist the department manager and faculty, and serve as an academic advisor for international business students.

Years at GW: 2.5

Best part of working for the GWSB: The students.

Favorite place on campus: The outdoor classroom behind Monroe/Government Halls.

What co-workers don’t know about me: I often think about becoming an organic farmer.

Family: My mom, Beth who still milks cows on her farm; my brother Pedro, who is studying to become a wildlife biologist; and my sister Edana, her husband, and their daughter; they are all using a lot of sweat equity this year, building their own home.

Favorite things to do on the weekends: Spending time with my girlfriend Mary. We enjoy camping, walking, canoeing, and biking.

Favorite Book: Robinson Crusoe

Favorite vacation spots: My mom’s farm.


Stuart Umpleby, professor of management, presented, “Recognizing and Managing Cultural Patterns,” for the Association for Enterprise Architects in Washington, D.C., on February 13, 2008.

Liesl Riddle, assistant professor of international business, presented “Middle East Managerial Values: Implications for B2B Marketers,” at the American Marketing Association winter conference in Austin, Texas, on February 18, 2008. As the Global Perspectives Invited Scholar at the Eller College of Management, University of Arizona, she also gave two presentations: “The Veil and the Laptop: Globalization’s Impact on Marketing Strategy in the Middle East,” and “Middle East Managerial Values: an Empirical Challenge to the Assumption of Homogeneity,” March 5-6, 2008.


Liesl Riddle, assistant professor of international business; Tjai Nielsen; assistant professor of management; and Jennifer M. Brinkerhoff, associate professor of public administration, international business and international affairs; published, “Partnering to Beckon them Home: Public Sector Innovation for Diaspora Homeland Investment,” in Public Administration and Development, Vol. 28, No. 1 (February 2008): 54-66.

Stuart Umpleby, professor of management, published, “A Global Strategy for Human Development: The Work of the Institute of Cultural Affairs,” in the Journal of Systems Research and Behavioral Science. Alisa Oyler was co-author.

Getting Ink

Susan M. Phillips, dean of the GW School of Business, was interviewed live by Bloomberg Television’s Kathleen Hayes from the Russell Rotunda in the Senate Office building. Phillips answered questions on the economy and her reaction to Fed Chairman, Ben Bernanke’s testimony to Congress in February. (2/28)

Scheherazade S. Rehman, professor of international business and Director of the GWSB European Union Research Center, was interviewed on Press TV’s, “Four Corners” news program. The segment was about signing the European Union treaty in Lisbon. “Four Corners” is a daily news-analysis program covering the world’s top events followed by an in-depth panel discussion. Press TV is the first Iranian international-news network, broadcasting in English on an around-the-clock basis. (12/3)

Class Notes

Hrushikesh “Rishi” Nalubola, M.B.A.’00, won the third quarter of’s “CTA Challenge.” Nalubola’s company, Shri Capital LLC posted a quarterly return of 37.83 percent and a risk adjusted rate of return of 5.33. The CTA Challenge, is a trading competition for emerging CTAs (Commodity Trading Advisors). Nalubola is the president of Shri Capital LLC, a CTA firm he founded in 2004. He has been trading stocks and options since 1992 and has been trading futures and options since 1998.

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