May 21, 2010
The GWSB Board of Advisors on May 13 presented its 15th annual awards for Outstanding Commitment to the School of Business. Members of the School of Business community nominated the faculty, staff and students award winners, each of whom receives a recognition plaque and a monetary award.
Outstanding Faculty: Scheherazade Rehman
The professor of international business was honored for her outstanding commitment to students and the visibility she has brought to the School of Business. Her classes consistently receive the highest ratings from students, and her understanding of the 2008 financial crisis solidified her international business expertise.
Outstanding Staff: Wafa Abou-Zaki
Abou-Zaki was recognized for her work as executive director of visiting and training programs in the Department of Management. She is responsible for bringing visiting scholars to the United States and helping them get acclimated to GW and Washington, D.C.
Outstanding Doctoral Candidate: Mary Schoonmaker
Schoonmaker received the award for her work as vice president of the Doctoral Student Association (DSA). In addition to organizing DSA events, she began a tradition by hosting international students at her home for Thanksgiving, bringing students together and creating a community in the PhD program.
Outstanding Graduate Student: Matthew Cohen
Cohen was feted for his mentoring of other graduate students and potential students. In his first year as a graduate student, he served as an admissions ambassador in the Professional MBA (PMBA) program, speaking to potential students about the program, advising current students about course selection and mentoring students on how to maintain a balance between work and student life.
Outstanding Undergraduate Student: Kyle Dattola-Harris
Dattola-Harris was singled out for a commitment to serving others. In addition to maintaining a 3.95 GPA, Dattola-Harris serves as the leader of Colonial Inauguration (CI). CI helps orient incoming freshmen to GW, easing their transition to college life.
GWSB students took the first-place prize in the District 2 National Student Advertising Competition sponsored by the American Advertising Federation (AAF).
The University’s ad club, Capitol Advertising, beat out eight other schools with its integrated campaign to market State Farm Insurance to young adults. The message of the GW campaign? Insurance is about more than insuring a possession; it is about preserving a part of a lifestyle.
“Our ‘Your Life. Your Policy’ campaign goes beyond selling insurance. It connects with young adults in a way insurance never has,” said student Michelle Kordahi. The student team will present its campaign to a panel of industry executives at the AAF’s national conference, June 10-12, in Orlando, Fla.
Students worked on the semester-long competition as part of the Advanced Advertising and Marketing Communications Planning courses taught by instructor Gina Myers and advised by Professor Lynda Maddox.
The 17 students representing GWSB are: Courtney Bernstein, Jared Fox, Nomi Kaplan, Julie Kern, Katherine Kahn, Michelle Kordahi, Emma Kruger, Virginia Laird, Carolina Leite, Kyle Murphy, Kelly Okengwu, Farah Rehman, Neha Shah, Robert Skenes, Katie Steiner, Charlie Weisman and Josh Yeston.
The National Student Advertising Competition is the premier college advertising competition, giving more than 3,000 students each year the experience of developing a strategic advertising, marketing or media campaign for a corporate sponsor.
GWSB is lending some marketing expertise to Greenland.
Inuuteq Holm Olsen, Greenland’s deputy minister of foreign affairs, made a May 17 visit to GWSB, less than two weeks after Professor Salah Hassan, chair of the Department of Marketing, delivered one keynote address at the annual conference of the Greenland Tourism and Business Counsel and another to the Board of Branding Greenland.
Greenland is working to reinvigorate the “Branding Greenland” initiative that started in 2005. The aim is to position Greenland as destination for trade, foreign direct investment and tourism, according to Olsen.
Greenland is now better known as a flyover zone rather than a destination, Olsen explained. “Knowledge about Greenland is very limited or distorted and generally viewed as geographically isolated,” he said. “Very few people know that Greenland is the world’s largest island and is geographically closer to North America.”
For Hassan, Greenland represents a textbook case for nation branding.
“Branding Greenland” is an initiative of a private-public partnership seeking to brand Greenland in key countries, including the United States, which maintains a strategic military base in northern Greenland.
Hassan called for developing an integrated nation branding strategy and campaign that focuses on sustainable tourism, cultural and heritage preservation, and brand citizenship. He recommended the use of integrated marketing communication tools to target travelers who seek pure, authentic and natural experiences.
Its subjects run the gamut from Korean baseball to microfinance to a brief history of Belgrade, Serbia. But that’s just a small taste of what appears on the new blog http://gwsbresidency.wordpress.com/ launched by first-year Global MBA students taking part in a required international residency practicum. Blog stories and photos document students’ experiences as they tackle real-life consulting work around the globe.
The International Residency Project, part of the students’ first-year curriculum, turns the students into consultants to international clients in the clients’ home countries. The two-week trip culminates when students present business plans and recommendations to their clients.
Residencies have taken place in India, Mexico, Serbia, South Korea, Spain, Sweden Turkey and Vietnam. They have included work in strategic marketing and management, microfinance, financial markets, manufacturing, agribusiness, green energy and clean technology.
Speed-networking with alumni, site visits to companies, on-campus recruiting events, and employer information sessions are just a few of the many resources junior Chad Latawiec has tapped at the F. David Fowler Career Center. He says one service stands out as especially useful in landing an internship and developing a strong connection with an alumnus.
“The GWSB Career Advisor Network houses data for nearly a thousand alumni who are professionals in practically every industry and want to help GW students,” said Latawiec. “You can find alumni by major, geographic location, or company.”
Through the Career Advisor Network, Latawiec connected with Geoff Cleveland, BA,’05, a senior financial associate at the Royal Bank of Canada (RBC). Latawiec was interested in an internship position at the bank, and he contacted Cleveland hoping to learn more about the company. What he received was a prompt response and an invitation to visit the RBC offices.
“The office visit lasted over two hours. This experience showed me first-hand what he [Cleveland] did and from that I was able to determine my ‘fit’ in wealth management,” Latawiec said.
Cleveland said many alumni offered their time and talents to assist him as he moved through his undergraduate career at the School of Business. He welcomed the opportunity to “pay it forward” with current students.
“I likely would not be in my career today if it had not been for the support of GWSB alumni,” said Cleveland. “Giving back to GWSB not only benefits the School but also the entire GW community. Alumni can stand to learn a lot through interactions with current students.”
Students can find information about the Career Advisor Network on the GWSB alumni website.
Name: Piotr Zielinski
Job title: MSF Lab Manager
Job duties: Managing the MSF lab and the Capital Markets Room, supervising the program’s teaching assistants, organizing and conducting student workshops, overseeing and coordinating Bloomberg terminals and services, and providing technological support for the Master of Science in Finance Program.
Time at GW: Nine months.
Best part of working at GWSB: There are many great things about working at the GW School of Business, including interesting projects, interaction with students and professors, and its great location – my commute is only 15 minutes. However, the best part of this job is the very friendly environment that makes you come to work with a smile every day.
What co-workers do not know about me: I lived for six months in Longyearbyen [one of the world’s northernmost towns], on the western coast of Spitsbergen, Norway. I was a manager at a small telecommunications company providing services to the Polish Arctic station. I managed to work when temperatures outside fell below minus 30 Fahrenheit and the amount of snow was incredible. That experience comes to my mind during the few-inches-of-snow days in Washington, D.C. that totally paralyze the city.
Family: My wife, Dorota, and I live in Arlington with our 19-month-old baby boy, Bruno, and our 3-year-old dog, Kluska.
Favorite things to do on the weekend: The weekend is the time that I dedicate to my family, mostly to my son. Playing with him and watching him playing with our dog is definitely the best time of the week.
Favorite vacation spots: It is always great to visit Poland, my home country, and spend time with my family and old friends. I do not have any favorite vacation spots simply because I do not like to travel to the same place. We are planning to go to Australia and Tasmania for our next trip.
Favorite book: My favorite books are those that I read when I was a kid. When I finally find time to put textbooks aside, I will get back to Winnetou and Old Surehand, by Karl May, The Adventures of Tom Sawyer by Mark Twain or The Three Musketeers by Alexandre Dumas.
Housing and the Credit Crunch
The George Washington University School of Business’ Center for Real Estate and Urban Analysis and the Center for Real Estate Management at George Mason University will host an academic symposium on the housing downturn and the sharp increase in defaults.
Wednesday, May 26
9 a.m. – 5 p.m.
Marvin Center Ballroom
21st & H Streets, NW
For more information, visit http://business.gwu.edu/news/press/2010-05-26-housing-credit-crunch.html
Green Innovation in Business Network: Solutions Lab 2010
GW will host Green Innovation in Business Network: Solutions Lab 2010. The Solutions Lab is presented by the Environmental Defense Fund’s Innovation Exchange and Ashoka, a global organization that identifies and invests in leading social entrepreneurs. The meeting provides an unparalleled opportunity to learn from and with colleagues about how to advance environmentally sound practices in business while saving money and increasing profits.
Thursday, May 27
8:30 a.m. – 5 p.m.
The Elliott School City View Room
George Washington University
1957 E Street, NW
For more information, please visit: http://sustainabilityinstitute.ning.com/events/green-innovation-in-business
ICSB 2010 World Conference Only a Month Away
The International Council for Small Business, housed within the GW School of Business, is extending a welcome to its 2010 ICSB World Conference in Cincinnati. For more than 55 years, ICSB has paved the way for personal and professional contacts across borders and cultures, giving ICSB members an advantage in the global marketplace. More than 500 participants from 50 countries are expected at this year’s conference. Corporate sponsors for the event include Procter & Gamble, Visa and Dell Inc. Competitive paper tracks include Entrepreneurship Education, Individual Entrepreneurship, Women and Minority Entrepreneurship, Small Business and SMEs in Developing Economies, Public Policy, Entrepreneurship and Technology, Family Business, Corporate Entrepreneurship, International Entrepreneurship, Entrepreneurship in the Arts, Entrepreneurship Across the Curriculum, and Social Entrepreneurship. The conference committee received more than 400 submissions and is adding as many as 10 more workshops.
Day at Dell for European Winners of Dell/ICSB Small Business Excellence Award
Dell Inc. hosted the European National winners for the 2009 Dell/ICSB Small Business Excellence Award in the United Kingdom last month. For two days, winners representing the United Kingdom, France, Germany and Spain took part in presentations designed to enhance best practice and grow business. National winners also met with Dell CEO Michael Dell.
Presenters at the gathering included ICSB Executive Director and Department of Management Research Professor Ayman El Tarabishy. He gave the presentation “Global Trends from Dell Small Business Excellence Award Finalists 2009.” Incoming ICSB President David Smallbone spoke about “Speed Mentoring: Judges help address top business challenges (submitted by CEOs).”
As an official award partner, ICSB manages the competition to promote the development of knowledge in all areas of business theory and practice. For more information about the awards and winners, visit dellhero.com.
George Solomon, associate professor of management and director of the Center For Entrepreneurial Excellence, presented “Research and Publication in the Global Business Environment” in March at the Pontificia Universidad Católica in Puerto Rico. In addition, Solomon spoke at the University of Puerto Rico’s Entrepreneurship Summit 2010, where he gave a presentation on “Strategies to Advance Entrepreneurship Research Among Graduate Students.”
James Bailey, Ave Tucker Professorial Fellow of Leadership and professor of management, published “Integrating the emotional intelligence concept: The relationship between emotional ability and emotional competency,” in Organization Management Journal with two former GWSB doctoral students, Craig Seal and Mary Sass.
He also published “The research-teaching nexus: Tensions and Opportunities” in the Handbook of management education, learning and development, with R. Lewicki, and “Design and development: A narrative of the founding, launch, and early history of Academy of Management Learning & Education” in Being and becoming a management education scholar with R. Lewicki, D. Whetton and B. Ferris.
Mark Klock, professor of finance, published “What Will It Take to Label Participation in a Deceptive Scheme to Defraud Buyers of Securities a Violation of Section 10(b)? The Disastrous Result and Reasoning of Stoneridge” in The University of Kansas Law Review, Vol. 58, No. 2.
Klock also published in the Pepperdine Law Review (Vol 37, No. 1) “Contrasting the Art of Economic Science with Pseudo-Economic Nonsense: The Distinction Between Reasonable Assumptions and Ridiculous Assumptions.”
Young Hoon Kwak, associate professor of decision sciences, published “Exploring Monte Carlo Simulations Applications for Project Management” in IEEE Engineering Management Review, 37(2), pages 83-91.
Kwak also published “Web-based Construction Project Specification System” in the Journal of Computing in Civil Engineering, 24(2), pages 212-221.
The Institute for Corporate Responsibility and communications firm MS&LGroup WorldWide were highlighted in BusinessBecause.com for the $5,000 prize they awarded to four GWSB MBA students who analyzed how businesses employ management strategies to positively impact climate change. “This project provides an opportunity for the next generation of business leaders here at the GW School of Business to gain real-world experience on issues that will have an impact on our future competitiveness,” said Jennifer Griffin, associate professor of strategic management and public policy.
BusinessWeek’s MBA Journal featured GWSB student Jeremy Dommu, who writes about potential job opportunities for MBA students who have a passion for the environment. “A more carbon-conscious economy would provide exciting new career opportunities for nearly any MBA student, regardless of his concentration,” he writes. Dommu will spend his summer interning for the Environmental Defense Fund’s Climate Corps program.
The GW Hatchet covered the GWSB undergraduate commencement ceremonies on May 14. Henry “Ric” Duquès, former CEO of First Data Corp., was the undergraduate commencement speaker. Duquès stressed the importance of ethics in business and said each student should “be a continual learner, travel happily and do something to enhance the lives of others.” A $5 million gift from Duquès and his wife helped to build Duquès Hall.
A story in the Des Moines Register about a temporary ban on payday loan stores in Des Moines mentioned a GWSB study. The study found that payday loans typically range from $100 to $500, with interest rates routinely between 390 and 700 percent.
Dean Susan Phillips was mentioned in several publications following her appointment to a new panel created by the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC). News of the Joint CFTC-SEC Advisory Committee on Emerging Regulatory Issues was picked up by several media outlets, including TheHill.com, Financial-planning.com and Mutualfundwire.com. The committee will meet later this month to discuss the near 1,000-point tumble and recovery the market experienced on May 6, according to an SEC statement.
Tim Fort, the Lindner-Gambal Professor of Business Ethics, was interviewed by Voice of America for a story on business schools offering ethics courses. The interview was translated from English to the VOA’s Chinese website.
James Bailey, Ave Tucker Professorial Fellow of Leadership and professor of management, was interviewed by CNN.com in February about a study on ways that religious and sexual behaviors may be reflections of intelligence. The study found that people who identified as liberal and atheist had higher IQs on average. Bailey, who was not involved with the study, said that the “adoption of some evolutionarily novel ideas makes some sense in terms of moving the species forward” and that these preferences may come from a desire to show superiority or elitism.
Salah Hassan, chair and professor of the Department of Marketing, was quoted in Nile News speaking about President Barack Obama’s Summit on Entrepreneurship. “The Presidential Summit on Entrepreneurship in Washington is President Obama’s second dialogue with the Muslim World,” Hassan said in an April 27 interview with the Egyptian satellite TV channel. He said the first was Obama’s call for “the new beginning” in a June 4 speech in Cairo. “This entrepreneurship summit represents a candle light on the road for peace and prosperity,” Hassan said. “This summit is addressing the root of the problems of the region as the spirit of building small businesses is increasing among the youth of the middle class in Muslim countries.”
BusinessBecause.com published as the lead story on its home page a post from GWSB’s new international residency blog written by MBA students.
James Bailey, Ave Tucker Professorial Fellow of Leadership and professor of management, has recorded a video series for the Department of Justice’s Leadership Institute. The videos will be required viewing for all attorneys general, district attorneys, associate district attorneys, section heads and program directors in the Department of Justice.
Young Hoon Kwak, associate professor of decision sciences, joined the editorial advisory board of the International Journal of Managing Projects in Business (Emerald Publications), which publishes scholarly research on all aspects of project management theory and practice.
GWSB Doctoral student Yujin Jeong was the first featured researcher on Transparency International’s Anti-Corruption Research Network (ACRN).
The front page of the May 17 Wall Street Journal featured the story “What’s Holding Back Women Entrepreneurs?” by Sharon Hadary, DBA ’75. Hadary is an adjunct professor at the University of Maryland University College and consults on women’s issues. Previously, she was the founding executive director of the Center for Women’s Business Research.
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