The George Washington University

School of Business: GWSB News

July 3, 2008

Hot Mommas Project: GW’s Sizzling New Research Initiative

Left to right: Kathy Korman Frey, Dave Juth, Esther Leff ( GW student and “Hot Mommas” project assistant)

Move over Jennifer Lopez, Katie Couric, and Heidi Klum…you aren’t the only moms who have it all — a successful career and the carpool on Thursdays. A new GWSB-sponsored initiative called, “The Hot Mommas Project,” highlights everyday-female professionals who are achieving success in business and life. The award-winning research is being used to develop curricula and toolkits to train women leaders.

GWSB Adjunct Professor of management and Associate Director of GW’s Center for Entrepreneurial Excellence (CFEE) Kathy Korman Frey developed the “Hot Mommas Project,” which chronicles the best practices of women who have achieved success in multiple facets of their life and career. “I actually started thinking about this project in 1998 when I was in business school. One day I looked at all of my female classmates and thought, we’re spending all of this money on our education, what’s going to happen when we have kids?” said Frey. She noticed that all of the women were balancing multiple priorities. When she started her business consulting firm, Vision Forward, she hired highly motivated women, both moms and those without children. She began to notice that for many of the women there was a formula for success and decided to document it. “As a business professor I felt compelled to document the equations that allowed these ‘Hot Mommas’ to have the best of all worlds while achieving their personal and career goals.”

Frey’s documentation will yield the world’s largest women’s case-study database. Ten of the case studies were published in "Effective Small Business Management," one of Prentice Hall Business Publishing’s top business textbooks. “The book will be used by schools across the country in the fall and will allow thousands of business students to benefit from GWSB research,” commented Frey. The book also includes several case studies from a companion project called “Cool Daddies,” which highlights successful fathers who are concerned with family and work.

CFEE, through the generosity of Businesswoman Linda Rabbitt, MA, ’72, provided a grant for the initial survey research when the endeavor began in 2002. The completed research will be published in a book titled “How to be a Hot Momma: The Rule Book for Doing it All,” which is currently in production and scheduled to be released next year. Frey is also looking for sponsors for a 2008-2009 global case-study competition where women from around the world will share their success stories and lessons learned. These stories will become part of the current database. Dave Juth, BBA, ‘88, works for FMS, Inc., a software firm, and is partnering with Frey to develop the website for the case competition. “FMS is excited to be working with Professor Frey to develop the ‘Hot Mommas’ case-study competition website. The unique challenges women entrepreneurs and leaders face really do require a forum specifically dedicated to studying these issues,” commented Juth.

To learn more about the “Hot Mommas” or “Cool Daddies” initiatives visit www.hotmommas.org. For sponsorship information contact Kathy Korman Frey at HotMommas@VisionForward.com.

GWSB Among First 100 Participants in UN-Backed Global Education Initiative

The George Washington School of Business is one of the first 100 business schools and universities world-wide to endorse the Principles for Responsible Management Education (PRME) initiative. The UN-sponsored program was created to promote corporate responsibility and sustainability in business education.

PRME participants are encouraged to develop educational strategies that meet the current needs and expectations of the business world with regard to sustainability and good corporate citizenship. Institutions participating in the initiative, make a commitment to integrate the six PRME principles (purpose, values, method, research, partnership, and dialogue) in educational and research programs. The overall goal is to prepare a new generation of business leaders capable of handling the complex challenges faced by business and society in the 21st century.

To learn more about PRME visit http://www.unprme.org/.

Top Honors for GWSB Management Professor

The Academy of Management Learning & Education (AMLE) has been ranked seventh among all management journals, receiving an impact factor of 2.796 by the Social Science Citation Index (SSCI). The SSCI impact factor is a quantitative index of how important a specific journal is by measuring the number of times papers published in that journal are cited by other academic journals. James R. Bailey, the Tucker Professorial Fellow of Leadership and professor of management, serves as editor-in-chief of AMLE. “Any journal with an impact factor above two is considered excellent. The fact that AMLE achieved such a rating so early in its existence is unprecedented,” commented Bailey.

AMLE is one of the flagship journals of the Academy of Management with approximately 20,000 subscribers.

GWSB Student Wins Prestigious Boren Scholarship

Serena Wong is among seven GW students who have been awarded highly competitive 2008-2009 David L. Boren Undergraduate Scholarships for study abroad by the National Security Education Program. The Boren Scholarships are provided to undergraduates who are citizens of the United States to focus on languages and cultures currently underrepresented in study-abroad programs and critical to national security.

Wong is a freshman from Washington, D.C., majoring in finance with a minor in Chinese languages and literature. Already a speaker of Cantonese, Wong plans to study Mandarin in Beijing, China.

The goal of the National Security Education Program is to enhance the capacity of the federal government to deal effectively with the challenging global issues of the 21st century. The scholarships are merit-based and provide financial awards of up to $8,000 for summer study, $10,000 for a semester or $20,000 for a full academic year.

Calling All Beta Gamma Sigma Members!

The Washington, D.C. area alumni chapter invites you to:
Expand your Network: Meet successful business people from the area
Expand your Awareness: Learn about topics beyond your daily focus
Expand your Mind: Continue your business education

Beta Gamma Sigma’s next event is a tour of the Potomac Point Winery on July 26 to learn the business behind a winery.

For more information and to RSVP for the winery tour, visit www.betagammasigma.org/alumni/washingtondc.htm or contact Suzanne Cole, suzannemcole@gmail.com or Brian Lindholm, blindholm73@hotmail.com.

Since 1921, Beta Gamma Sigma has been the honor society serving business programs accredited by AACSB International - The Association to Advance Collegiate Schools of Business. Membership in Beta Gamma Sigma is the highest recognition a business student anywhere in the world can receive in a business program accredited by AACSB International.

Marketing Department Recognizes Employee for 20 Years of Service

Nigist Getachew is bidding GWSB farewell after working in the marketing department for two decades. Getachew began her career as a secretary in June of 1988 and worked her way up through the ranks to administrative manager. She says she plans to spend time with her family, especially her year-old granddaughter, Loza Mariam.

Getting to Know: Leah Kuppersmith

Title: Associate Director of Advancement, School Alumni Programs.

Job Duties: Create innovative programs and events that will encourage alumni from the School of Business to build connections with each other and the School.

Years at GW: About two months working. I spent four years on campus as an undergraduate student in the School of Business from 1999-2003.

Best part of working for the GWSB: Getting to know our students who are our future business leaders and connecting them with our alumni who are currently leading the way in the business world!

Favorite place on campus: Sitting on a bench in Kogan Plaza on a nice day! I used to like to do that as a student too.

What co-workers don’t know about me: I am originally from Boston and I love Boston sports. Last summer when I was at a Red Sox/Orioles game I caught a foul ball hit by Mike Lowell, who was the MVP of the World Series!

Favorite things to do on the weekends: In the summer I love to relax by the pool (if it is not too humid).

Favorite Book: When I was in fourth grade I discovered this book by actress Julie Andrews Edwards, called “The Last of the Really Great Whangdoodles.” My mom knew how much I loved it, so she reads it to her third grade class every year.

Presentations

Lisa Delpy Neirotti, associate professor of tourism and sport management, presented, “Inside the Olympic Rings,” at the Smithsonian Associates Speaker Program (5/8) and the Woman’s National Democratic Club (5/22).

Class Notes

Leland G. Jordan, DBA, ‘85, accepted emeritus status from Christopher Newport University in Newport News, Va. on May 17. Jordan, retired from the Federal Senior Executive Service in 1995, served as chair of the department of accounting, economics, and finance, and an associate professor of accounting in the Luter College of Business and Leadership at Christopher Newport University.

We want to hear from you!

If you have information for the newsletter, news, or items to post on the GWSB Web site or events calendar, please send them to: gwsbcomm@gwu.edu.