School of Business: GWSB In The News

Susan M. Phillips, dean and professor of finance appeared on a Bloomberg News segment about the Federal Reserve dropping interest rates to a record low. Phillips said it was a bold move by the Fed. She believed the goal was to keep the banking system afloat and in good shape. (12/16)

Hossein Askari, Iran Professor of International Business and International Affairs, was quoted in the Newsweek article, “Telephoning Tehran: Obama wants to talk to Iran. But are they ready to listen?“Hossein Askari, an expert on Iran and business professor at George Washington University, says the Obama administration should capitalize on Tehran’s economic hardships and ‘develop even more effective sanctions’ to tighten the screws (National Interest). Then the new White House should wait – six to 12 months – before negotiating,’ Askari says. ‘Under duress, Iran is much less fanatical than rhetoric would have it seem.’” Askari also co-authored the article “No end to financial disorder” for Asia Times. “The United States economic recession that the National Bureau of Economic Research officially declared two weeks ago had started in December 2007 – a recession that the world had suspected for quite some time – is likely to be a significant one,” wrote Askari.

Jennifer J. Griffin, associate professor of strategic management and public policy, was mentioned in an article by Guy Sigley in Corporate Public Affairs magazine. Sigley wrote about one of the seminars Griffin conducted during the annual Corporate Public Affairs Institute held in June at the Melbourne Business School in Australia. “When it was debrief time, Jen Griffin worked the lecture theatre like, well, an American. Full of life, born for the stage and covering more kilometers than Moneghetti, she harangued the crowd, drew out our strategies, and turned the whiteboard into a brilliant collage of half baked ideas, catastrophic decisions, and misguided ideals.”

Hossein Askari, Iran professor in the Department of International Business, wrote “The Mullahs Should Embrace Israel,” an op-ed piece in the International Herald Tribune. “It is hard to see how the lifting of U.S. sanctions, which have not been effective over a period of nearly 30 years, would address Iran’s fundamental economic decay,” wrote Askari. “It is even more difficult to imagine that the United States would not secretly try to undermine the regime in Tehran even after restoring relations.”(11/21)

Jennifer Griffin, associate professor of strategic management and public policy, wrote an op-ed titled, “Corporate Responsibility in a Global Economy: Accelerating Demands for Global Consistency and Nuanced Local Responses," for the Aspen Institute E-Newsletter. “While many view Corporate Responsibility (CR) as nice-but-extraneous philanthropic acts, a modern whole-of-company view of CR yields far richer rewards. CR tied explicitly to corporate strategy and the value creation process contributes to efficiencies and innovations along a firm’s extended networks. Understanding energy, water, waste and carbon footprints, working conditions, treatment of employees, and safety of products, as well as sourcing and distribution networks in multiple markets creates opportunities for global integration and local responsiveness," wrote Griffin. (11/2008)

Kristin Lamoureux, director of the International Institute of Tourism Studies, was quoted in a Baltimore Sun article on volunteer vacations. “I think Americans are always prone to volunteering. We’re seeing it in more and in new ways,” said Lamoureaux in the article “Go Away, Give Back.” She added: “Because we don’t have as much time to volunteer as we used to, people want to volunteer and they want to travel, so they’re combining the two. No doubt, this is a niche that’s here to stay.” (11/23)

Lynda Maddox, professor of marketing, was interviewed on Radio Free Europe/Radio Liberty about the U.S. automakers crisis. Maddox said the automakers have not been successful in anticipating the taste of the U.S. consumer and the current business model is flawed. “So the gas crisis hit and then the economy crashed. Now they’re not selling anything,” she said. “They still have the responsibility of the union contracts and the health benefits and the pension benefits and so forth. But they are not selling vehicles and they’re hemorrhaging money because of that. An industry that was already in a precarious position was suddenly thrown into a trauma.” (11/19)

Susan M. Phillips, dean and professor of finance, was interviewed by was interviewed by Hong Kong Television. (11/13)

Lisa Delpy Neirotti, professor of tourism and sport management, was quoted in the Athletic Turf article, “ ‘Green’ score card for sports facilities being developed.” Neirotti commented, “As most teams and sports organizations are just now forming committees to tackle this issue, the GW Institute for Corporate Responsibility will lead the way in providing advice and assistance in finding the best practices.” Mark Starik, professor of strategic management and public policy, was also quoted. “Various environmental measurement tools have been developed for fields such as higher education, businesses, and individual households,” said Starik. (11/19)

Scheherazade Rehman, professor of international business and international affairs, was participated in a discussion on The Newshour with Jim Lehrer about the G-20 Summit. “I think that we must remember that we are still in crisis management. And what this means is that we are trying to change the tires on a car while it’s still rolling. This started in the United States, rolled into Europe, Asia, Middle East, and now developing countries,” commented Rehman. (11/14)

Susan M. Phillips, dean and professor of finance, was interviewed by Radio Australia . The program was about the Federal Reserve cutting interest rates for a second time in October. “Clearly these are very unusual times and I don’t think that the Fed cut will make as much difference as you would normally expect. In some sense it will bring it into alignment with market expectations, but it will still make some difference,” commented Phillips. The GW Hatchet also quoted Phillips in the article, “BoT chairman, experts weigh in on global financial crisis.”During a panel discussion hosted by GWSB Dr. Phillips was asked about the impact the economy is having on admissions. “Our flow of applications for admissions and enrollment is still strong,” Phillips said.

Susan Aaronson, adjunct professor of strategic management and public policy, published the op-ed, “Financial Crisis Hurts U.S. Soft Power,” in Policy Innovations. (10/29)

Murat Tarimcilar, associate dean for graduate programs was quoted in the Washingtonian magazine article, “Surprise! Lobbyists and Lawyers Will Be Winners.” The story was about winners and losers of the financial bailout. “Murat Tarimcilar, associate dean for graduate programs at George Washington University, says his school’s career center is urging MBA students with a focus on finance to select a backup field. Because the school’s curriculum emphasizes globalization, he’s encouraging students to consider financial jobs in Mumbai or Tokyo while they wait for the U.S. job market to make a comeback.” (10/28)

Catherine Lee and Karan Rajput, GWSB MBA students, were interviewed by Fox Business News reporter Adam Shapiro during the network’s “Money Matters,” segment. Lee asked a panel of financial experts about their predictions for the market by the time she graduates. “Because I’m graduating in May 2010, I want to know what you think is going to happen to the market by 2010,” asked Lee. The students were visiting New York investment firms, non-profit organizations, and media companies as part of the School’s New York Career Trek. (10/24)

“Demystifying the Global Financial Crisis: Implications for the World Economy,” was attended by the following media: China Central Television America, the GW Hatchet, and Urban Revival Media. (10/27)

Susan M. Phillips, dean and professor of finance, was interviewed by the Washington Post about what is happening to MBA applications in view of the economy. (10/15) She was also quoted in the Pittsburgh Post Gazette article, “Business students get a dose of ethics.” The story was about incorporating ethics education in business school curricula. “We will be studying this for eons,” said Susan M. Phillips, professor of finance and dean of the George Washington University School of Business in Washington, D.C. (10/14) Dean Phillips was also quoted in the Dean’s Digest article, “Duke, George Washington Announce Bold Global MBA Programs.”‘In announcing the programs, Susan M. Phillips, dean of the GW School of Business and professor of finance, said it was the school’s fundamental responsibility to “inspire students to act responsibly, lead passionately, and think globally.” The curriculum is designed to “cultivate business leaders empowered with the knowledge and practical skills to navigate the complex global marketplace,” she said.’(Oct.)

Timothy Clark, adjunct professor of strategic management and public policy was quoted in the Forbes magazine article, “Corporate Social Responsibility: The Business of Every Company.” The article focused on how an integrated, strategic approach to corporate social responsibility (CSR) can give companies a competitive edge. “CSR is much more than disaster relief and philanthropy,” says Timothy Clark, adjunct professor, Department of Strategic Management and Public Policy, George Washington University School of Business. “At least as important, but harder to grasp, is conducting business in the most socially responsible way in the first place. That means taking responsibility for all outcomes, including social and environmental impacts as well as financial.” (10/27)

Fernando Robles, professor of international business, was interviewed by Spanish-language CNN on the current global financial crisis. Robles said, “The U.S. financial market distress is a local crisis with global implications, the instruments proposed respond to the deregulation environment of the U.S. financial system, which is different from the rest of the world. As the U.S. crisis impact the global financial system, a global coordination is necessary to address different local financial crises.” (10/14)

Susan M. Phillips, dean and professor of finance, and associate dean of graduate programs and associate professor of decision sciences, Murat Tarimcilar, were quoted in an AOL Money and Finance article, “GW School of Business Revolutionizes Its M.B.A. Programs with a Curriculum Focus on Ethical Leadership in the Global Marketplace.” The article was about GWSB’s new Global MBA program. “We are not content with teaching business the way it always has been taught,’ said Susan M. Phillips, dean and professor of finance. ‘The global business paradigm has shifted, and it is our fundamental responsibility at the GW School of Business to inspire students to act responsibly, lead passionately, and think globally.’ Murat Tarimcilar, associate dean of graduate programs and one of the chief architects of the new curriculum, said ‘We believe that being a great business leader isn’t just about know-how, it’s about character.” (2008)

Susan M. Phillips, dean and professor of finance, was interviewed by Wall Street Journal reporter Debra Solomon about the Congressional bailout bill and by Pittsburgh Post Gazette reporter Joe Smydo about trends in business education and recent economic issues.

Senay Agca, assistant professor of finance, was interviewed by the Voice of America about the recent financial crisis. Her interview aired on VOA Turkish television and radio.

Scheherazade Rehman, professor of international business and international affairs, was interviewed by the Washington Post about the Congressional bailout bill. In the video interview Rehman said she believes the bailout is the only way to restore confidence and stop the financial meltdown. (9/30)

Rehman also participated in a roundtable interview on the “News Hour with Jim Lehrer.” “There is a crisis of confidence. We are hemorrhaging, not in terms of confidence, but in capital. And we have now, a couple nights ago. hit the belly of economic America, which is middle-class wealth. Whether it addresses all the technical details, no, but it does stop the hemorrhaging. And that is the critical aspect right now, to stop the panic,” Rehman said. (10/2)

Murat Tarimcilar, associate dean of graduate programs and associate professor of decision sciences, was quoted in the CNN story “Having faith in the future.” The piece was about GWSB’s new MBA program and its focus on ethics. “We really took a huge risk. When we say we really would like people who are committed to be ethical leaders, we may be making the applicant pool very small. For many MBA students, the driving factor is the money. But we thought we had a responsibility, as a university, to really work on their character, as well.”

Gilbert Yancey, Executive Director of the F. David Fowler Career Center, was quoted by Examiner.com columnist Heather Huhman. Her column was about tips on being a successful career fair attendee. “Standing in front of a booth and talking all day is not easy. Recruiters get tired. Being one of the first people they talk to gives you a chance to interact with them before fatigue sets in. Additionally, at some fairs interviews are set-up on the spot, so all the interview spots may be taken if you arrive late,” said Gil C. Yancey.

Susan M. Phillips, dean and professor of finance, was quoted in the Washington Post article, “Massive Shifts on Wall St.” “Bankruptcy is a perfectly natural thing, but you hope that the firm is in a position so that it can be an orderly bankruptcy and not cause other problems,” said Susan Phillips, dean of the George Washington University School of Business and a former Federal Reserve governor.” The story also ran in the Free Internet Press and the HeraldNet. (9/15)

The launch of GWSB’s new MBA program made news in several media outlets including: The Washington Post , The Chronicle of Higher Education, MarketWatch.com, WTOP-News, and NPR’s “Tell Me More.”

Salah S. Hassan, chair and professor of marketing, was quoted in the Executive Briefings article “Harvard Business School Organizes A Workshop on Open Innovations.” The article highlighted strategies and methodologies for profiling leading-edge users who have the ability to innovate and share cutting-edge knowledge about products and services in the marketplace. “Approached in the right way, open innovation represents an opportunity for firms to start co-creating products and service brands as well as marketing campaigns with their leading-edge consumers,” said Hassan. (10/1). Hassan was also referenced in the Down Beat magazine article “The Insider: Jazz on the Nile.” The article highlighted the collaborative role Hassan played in taking a delegation from the Smithsonian Institute on a historic visit to Egypt last February. (September, 2008)

Mark Klock, professor of finance, was quoted in the Associated Press article “Will AIG plan cost taxpayers money, or just sleep?” The story was about the federal government’s $85-billion loan to American International Group, Inc. (AIG). “’The odds are pretty high that it will end up being a good investment for taxpayers,” said Mark Klock, finance professor at George Washington University. “I think that AIG will be able to dispose of assets in an orderly fashion in the next year or so and the government will actually get back the money lent out — and more — in interest,’ he said.” (9/17)

James R. Bailey, the Tucker Professorial Fellow of Leadership and professor of management, was quoted in the Washington Business Journal article, “Business barometer.” The article highlighted tools and strategies for growing businesses and careers as well as the uncertainty of the economy. “It’s the uncertainty that causes anxiety,” commented Bailey. (8/29-9/4)

Vanessa G. Perry, assistant professor of marketing, was quoted in the MarketWatch.com article, “Cryptic, costly credit scores. Consumers could save if they understood the tools better.” The article was about how credit scores can often be confusing for consumers. “Perry says those who need to understand their credit scores often lack motivation to learn.” (9/1)

Susan M. Phillips, dean of the GW School of Business, was quoted in the Wall Street Journal Market Watch article, “A mountain of worry for Fed at Jackson Hole.” The story was a preview of the Kansas City Federal Reserve Bank’s economic policy symposium, “Maintaining Stability in a Changing Financial System.” The conference was held in Jackson Hole Wyoming, Aug. 21-23. (8/21)

Susan M. Phillips, dean of the GW School of Business, was interviewed on Fox Network’s “The Opening Bell.” Reporter, Alexis Glick asked Phillips about her tenure as a Fed governor and to give current Fed Chairman Ben Bernanke a report card grade. Phillips told Glick she would give him a B. (8/5)

Susan Aaronson, adjunct professor of strategic management and public policy, was a guest commentator on the radio program Marketplace. The show was titled, “Free trade improves human rights,” and was about the Columbia Free Trade Agreement. “Critics need to rethink how we can help Colombia continue its positive momentum. Aaronson commented, “The agreement has provisions to bolster both the supply and demand for good governance.” (8/5) Aaronson also wrote “Obama, the optimist on trade” for VoxEU.org. “This column defends Barack Obama’s trade policies and criticizes those labeling him a protectionist. It argues that Mr. Obama is pro-trade and aims to maximize welfare rather than economic growth,” wrote Aaronson. (8/3)

The School of Business’ PRMIA (Professional Risk Managers’ International Association) program was mentioned in the Financial Week article, “Risk management moves to the front of the class.” (7/28)

Susan M. Phillips, dean of the GW School of Business, was interviewed by PBS’ Nightly Business Report about The S&P/Case-Shiller Home Price Indices and housing prices across the nation. Dean Phillips commented that while housing prices continue to fall in certain parts of the country, some cities are being hit harder than others.

Susan Aaronson, adjunct professor of strategic management and public policy, wrote an opinion piece titled, “Obama the optimist on trade” for the Financial Times. The article was about presidential candidates Barack Obama and John McCain’s positions on trade. “Press coverage and public rhetoric about trade lags reality. Clearly when we talk about trade agreements today we are talking about regulations that can affect productivity, investment levels, prices and other important economic factors. But trade agreements can also ensure that more people have access to more resources such as credit, education, safe food and healthcare as well as greater opportunities. While Mr. McCain sees trade agreements as a means of increasing the nation’s riches, Mr. Obama sees trade agreements as tools that can both empower individuals and help our trade partners improve governance.” commented Aaronson. (7/22)

James R. Bailey, the Tucker Professorial Fellow of Leadership and professor of management, was quoted in the SNL Financial article, “Yahoo board shake-up could alter governance enormously.” The story was about Yahoo and one of its investors, Carl Icahn’s proposed changes to Yahoo’s board of directors. “Throwing in three members which might not share that background that are coming with more of an Icahn-esque interest in value creation for shareholders as opposed to the protection and advancement of nonfinancial or nonprofit-oriented missions could be really profound in terms of the inner workings of the board and the

Robert Weiner, professor of international business, was quoted in The Herald article, “Oil price down, but MPs still want answers.” The article focused on how speculators are impacting the oil futures markets. “One of the main benefits of speculation is transferring the supplies from periods when they are particularly abundant to periods when they are expected to be scarce.” (7/16)

John Artz, associate professor of information systems and technology management, was interviewed by BizEd magazine. The article, “Professor, Course Offer Insight on Virtual Worlds,” was about Artz’s summer course on virtual-world businesses. When Artz was asked what he wants students to learn from his course, he replied, “Business students will soon find themselves designing or using virtual worlds for serious business applications. Product decisions, personnel decisions, reorganizations, mergers all can be simulated in virtual environments. They need to be aware of and understand this technology.” (July/August 2008)

Richard Green, professor of real estate finance and director of the GW Center for Real Estate and Urban Analysis, was mentioned in New York Times Columnist Paul Krugman’s blog. Krugman was blogging about the Freddie Mac / Fannie Mae issue and quoted Green’s blog, “But for the reasons Krugman gave, moral hazard did not produce lax underwriting at Fannie-Freddie–regulation (and to be fair, I think corporate culture at Freddie) prevented that from happening. To the extent they are in trouble, it is because of market conditions outside the realm of historical experience. It is, after all, their job to be in the market at all times–no matter what. That is why they have their charters.” (7/14)

Lisa Delpy Neirotti, associate professor of tourism and sport management, was mentioned in the USA Today article, “American students go for Olympic gold in learning.” The story was about study-abroad programs in Beijing that focus on learning from the Olympics. Reporter Rebecca Kaplan wrote, “Lisa Delpy Neirotti, a sports management professor at George Washington University in Washington, D.C., has been taking her students to study every Olympics since 1992. They prepare with lectures about the business side of the Games, and then meet with corporate sponsors, executives and Olympic Committee staff once they’re there.” (7/10)

Susan M. Phillips, dean of the GW School of Business, was quoted in the Wall Street Journal article, “Fed Governor Mishkin Will Step Down, Vacancies May Offer Rare Opportunity for Next President.” The next U.S. president could impact regulatory policy significantly by appointing four of the seven total Federal Reserve governors. The Board had two vacant seats when Federic Miskin announced recently that he would leave Aug. 31, and Randall Kroszer, whose term expired in January, is expected to be replaced. Ben Bernanke’s term as chairman of the Federal Reserve runs out in 2010, and there’s no guarantee that either a Republican or Democratic president would reappoint him. Phillips explained that this scenario would probably have little effect on monetary policy, but, “Four new governors will make a difference, there’s not doubt about that,” said Phillips, “the places that people tend to differ on political lines tend to be in the regulatory arena.” (5/29) Dean Phillips was also quoted in the Chattanooga Times Free Press article “Chattanooga: Former Fed member visiting city today.” Phillips commented on recent actions by the Fed’s current members. “I think the Fed has been very creative in identifying particular markets where there have been real constrained credit conditions and tried to address those piece by piece. (The current Fed has) lowered interest rates, which lowers the cost of money, but we still have a fragile market situation. But I think that the actions they have taken have helped,” said Phillips. (5/27)

Susan Aaronson, adjunct professor of strategic management and public policy, was quoted in the article, “Roundtable: U.S. Trade Policy under the Next President,” published in the online magazine, Policy Innovations. The article was about, how U.S. trade policy should evolve under the next presidential administration. “Trade policy is not the only public policy that needs reworking to satisfy public concerns. The United States and other governments must reform a wide swath of public policies. Investors will go where the skills, infrastructure, and incentives are most attractive and most effective,” said Aaronson. (5/27). Aaronson was also interviewed on the radio show “Corporate Watchdog Radio,” about her book, “Trade Imbalance: The Struggle to Weigh Human Rights Concerns in Trade Policymaking.” (5/28)

Lisa Delpy Neirotti, associate professor of tourism and sport management, was interviewed by Voice of America reporter Susan Logue about calls for boycotting this year’s Olympic Games in Beijing. In the piece, which aired on the VOA series “American Life,” Neirotti commented that China has changed dramatically and is using the Games to showcase the country to the rest of the world. “They are welcoming the world, because for so many years they were NOT welcoming the world,” she says. “They have built many hotel rooms, and they are very happy to have tourists come to Beijing and come to China. And I think their primary emphasis - it’s not political - if anything, it’s economic.” The television version of the story aired in Mandarin, Russian, Bosnian, and Serbian. The radio story was broadcast in Croatian, Mandarin, and English.

Assistant Professor of Marketing Vanessa G. Perry’s, recently published article, “Is Ignorance Bliss? Consumer Accuracy in Judgments About Credit Ratings,” was mentioned in the Washington Post story, “Is Ignorance Bliss?” (6/5) and in the online publication, Physorg.com article, “People more likely to overestimate their credit quality.” (6/2) Perry also appeared on C-SPAN, where she discussed her publication, “Dreaming or Drowning? The Big Picture and the Fine Print in Mortgage Advertising.” (5/29)

Murat Tarimcilar, associate dean of graduate programs and associate professor of decision sciences, was quoted in The Greentree Gazette article, “Best Practice: MBA programs mandate study abroad.” The article was about MBA programs that incorporate study abroad requirements in their curricula. “Students cannot learn to do international business without having international business experience. All [GW] full-time MBA students will participate in an international residency, which provides an interactive close-up with the complexities of the global economy,” said associate dean Murat Tarimcilar, who himself has worked on four continents. (June 2008)

Douglas Fretchtling, professor of tourism and hospitality management, was quoted in the OrlandoSentinel.com article, “Museum puts you at scene of crime.” The article was about the opening of the new National Museum of Crime and Punishment in Washington. Fretchtling commented on the museum’s cover charge. “I think there’s an uphill fight for a new museum opening, charging that much money and presuming to attract families,” said Douglas Frechtling. (5/20)

Susan M. Phillips, dean and professor of finance, was quoted in The International Economy article, “The Next Great Global Currency TIE asked some the world’s key experts: “Ten yeas from now what will be the next great global currency?” Dean Phillips, commented, “Although the U.S. economy is challenged in the short run, I believe its resilience will be evident in the long run and the dollar will ultimately reflect that strength. Finally, there are a lot of dollars in circulation around the world, backed by the good faith and credit of the U.S. government and its economy—maybe not a good short-term bet, but definitely a good long-term bet.” (Spring 2008)

Phillips was also interviewed by Bloomberg television about the Fed and economic outlook, her interview was even seen by a viewer in Bangkok, Thialand. (4/30)

Susan Aaronson, adjunct professor of strategic management and public policy, wrote, “Marrying Trade and Human Rights,” the article appeared in Policy Innovations, Asia Times, and Atlantic Community. The article was about the relation between human rights and trade. Aaronson wrote, “With careful deliberation, trade and human rights can be made coherent. Trade should not be wed to human rights simply because it provides a way for citizens of one country to express their displeasure over the human rights practices of other countries. Instead, if policymakers carefully assess the human rights impact of their trade policy choices, they may create an enduring and effective match, and not just a marriage of convenience.” (4/23)

Aaronson was also interviewed by the BBC, about U.S. companies investing in former conflict zones.

Richard Green, professor of real estate finance and director of the GW Center for Real Estate and Urban Analysis, was quoted in the Washington Post article, “Buyer’s Guide: Is a Plunging Market Best for Buyers?” Green’s comments were about buying versus renting, “If you can own without it costing much more than renting on a cash flow basis, it is a smart thing for first-time buyers to do. If not, you should wait.”

Robert Weiner, professor of international business, was interviewed by WTTG-TV and BBC News about the causes and effects of high oil prices.

Susan M. Phillips, dean of the GW School of Business, was mentioned in the New York Times article “Murdoch Moving to Buy Newsday for $580 Million.” The story mentioned Phillips role on the oversight committee that was created to protect the editorial integrity of The Wall Street Journal after it was purchased by News Corporation. “The committee members, are Susan M. Phillips, the dean of the business school at George Washington University; Thomas Bray, former editorial page editor of The Detroit News; Louis Boccardi, former chief executive of The Associated Press; Nicholas Negroponte, founder of the nonprofit association One Laptop Per Child; and Jack Fuller, a former president of the Tribune Publishing Company.” (4/23)

Phillips was also mentioned in an Editor and Publisher article, “WSJ Union Boss: Brauchli Was A ‘Buffer’ For Newsroom Independence.”

John Artz, associate professor of information systems & technology management, was interviewed by the GW Hatchet for a story about his Second Life computer summer course. In the article, “Business school offers class on creating a virtual world,” Artz commented, “This is the next step for Web technology. Today most companies have multiple sites. I think in the future, maybe within five years, every company will be on Second Life.” (4/14)

James R. Bailey, the Ave Tucker Professorial Fellow of Leadership and professor of management, was mentioned in Rural Telecommunications magazine’s “From the Editor” column. In her article, “Rock the Boat”, Communications Director Wendy Mann wrote, “Bailey stated that organizations that value sociability or social cultures — defined by high socialness and friendliness — deliver mediocrity because friends are less likely to hold one another to performance standards. According to Bailey, no one wants to fire their friends. This enables the status quo to continue indefinitely.” (March-April 2008)

Larry Yu, chair and professor of tourism & hospitality management, was quoted in the Washington Post article “Gaylord Luxury Hotel Wakes up to Unexpected Visitors: Mice.” “Larry Yu, a professor of tourism and hospitality at George Washington University, said that hotels normally have a “soft opening,” in which a few guests put the facility to the test. Gaylord opted for a full-scale “hard opening.” (4/10)

Neil Cohen, associate professor of finance, was mentioned in the Prague Post article, “Mini program — maximum results.” The article was about a new strategic management program at the University of New York Prague (UNYP). The two-week seminar, scheduled to launch in mid-May, will be split into four parts — marketing, strategy, finance, and leading change. “Finance is every company’s biggest concern, and the seminar will dedicate three full days to the topic. Neil Cohen, a faculty affiliate with WDI [William Davidson Institute] and an associate professor of finance at George Washington University, plans to focus his presentation on showing operational managers how their work is tied to the company’s bottom line and how to prepare project proposals that will get funded by their financial managers. Cohen has taught in Zagreb and Bratislava,” wrote reporter Jacy Meyer. (3/26)

The GW School of Business, was cited in a column by Chris Howard of the Daily Courier. The article, “Visiting the big show at Indian Wells,” was about the new venue for the Pacific Life Open, a professional tennis tournament. The competition is being held at the Indian Wells Tennis Garden in Calif. “The new site and stadium, built at Indian Wells in 2000 by partners Charlie Pasarell and Raymond Moore, has the largest economic impact in the Coachella Valley to the tune of almost $220 million based on a study done by George Washington University’s School of Business,” wrote Howard. (3/20)

Susan M. Phillips, dean of the GW School of Business, had an in depth conversation with Teresa Tritch, of the New York Times editorial board, about the outlook for increased government regulation in the wake of the Bear Stearns affair. She was also interviewed by Darren Gersh of PBS’s Nightly Business Report, in a story that compares this week’s financial crisis to the Savings and Loan crisis in the 1990s. (3/19) Dean Phillips spoke to Vincenzo Sciarretta of the Italian business magazine Borsa & Finanza, about Bear Stearns and the Fed. (3/18). She was also quoted in the CBNews.com article, “Will Another Rate Cut Be Enough?” Phillips commented on the collapse of Bear Stearns. “The Fed realized how connected Bears Stearns is throughout the rest of the market. And so if there’s a freeze on assets we would have a really serious depletion of liquidity in the markets.” (3/18)

Susan Aaronson, adjunct professor of strategic management and public policy, wrote “Linking Trade and CSR in the Interest of Human Rights,” for BSR Weekly, a weekly newsletter from Business for Social Responsibility. Aaronson also wrote, “On Righting Trade: Human Rights, Trade, and the 2008 Elections,” for World Policy Journal. (Winter 2007/08)

Tjai M. Nielsen, assistant professor of management, was quoted in the Washington Business Journal article “Workplace Wisdom.” Nielsen offered his perspective on the pros and cons of executives incorporating business mantras into their work. (2/22)

Salah Hassan, professor and chair of marketing, was interviewed by Reuters about his role in originating the first visit of the Smithsonian to Egypt. The interview was subsequently aired on Al Jazeera television. He was also interviewed by Nile TV (the Egyptian national satellite news station) during the same trip.

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)

Susan Phillips, dean and professor of finance, was quoted in the Wall Street Journal article, “Bernake’s Fate May Hang on Economy.” The article explored what impact the current economy could have on Fed Chairman Ben Bernake’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.”

Richard G. Donnelly, chair and associate professor of information systems and technology management, was quoted in the Washington Post article, “Area Schools Heed Science Industry’s Warning.” The article was about metro Washington universities preparing more people for science and technology careers. “This has national implications for leveraging our academic resources and our professional talent to deliver economic health for the nation," said Donnelly. GW is one of eight schools in the area that offer a two-year professional science master’s degree (P.S.M.). Donnelly is co-director of the University’s P.S.M. program. (1/27)

GW was mentioned in the Forbes.com article, “The World’s Most Expensive Universities.” The article highlighted the colleges throughout the world with the highest price tags. The top five were located in the United States. “According to The Chronicle of Higher Education, the most expensive four-year university in the U.S. (and most likely the world) is Washington, D.C.’s George Washington University, with a price tag of $39,240 in 2007-2008.” (1/21)

GW’s Executive Hall of Fame induction ceremony was highlighted on the Sports Business Journal page, “Faces & Places.” (1/28)

Kristin Lamoureux, director of the International Institute of Tourism Studies, was invited recently to discuss the growing trend of volunteer tourism on the “Travel’n On” radio show. “Travel’n On” highlights travel news and information. The show airs on Saturday mornings and is syndicated through Talkzone.com.

The Business School was mentioned in the Washington Examiner article, “Metro-area B-schools see increased interest in social, environmental responsibility courses.” The article was about business schools increasing the number of courses about corporate social responsibility and environmental sustainability. “In a study by the Aspen Institute, George Washington University’s business school ranked 13th overall worldwide and sixth for exposing students to the topics. The institute looked at how well business schools incorporated these issues into their class schedules, student experience and faculty work.” (1/15/08)

Susan Aaronson, adjunct professor of strategic management and public policy, was mentioned in the Reuters article, “Colombia trade fight could cripple U.S. fast track.” The article was about a U.S. trade pact with Columbia. “Susan Aaronson, a George Washington University associate professor who has written extensively on trade policy, said she believes approval of the free trade agreement, combined with a U.S. technical assistance program, would help Colombia improve its record on human rights.” (1/18/08)

Salah Hassan, professor and chair of marketing, was interviewed by several Mid-East news media organizations during the GWSB Study Abroad Program to Dubai. He was quoted in TradeArabia, EmiratesWeek, Khaleej Times, Dar Al Khaleej, Al Byan, Zawya, Business Intelligence, and Business Maktoob.

Robert Weiner, professor of international business, was quoted in the Platts Oilgram News article, “Investing flows increasingly seen as factor in high WTI prices.” “Robert Weiner, a professor at George Washington University, said investment funds flows have no immediate bearing on crude prices. But they can contribute to market volatility, which may over the long-term build price pressure. ‘Volatile prices can be associated with high, medium or low prices,’ Weiner said. But he cautions that investors are not trading uniformly — roughly 55% of investors are buying and 45% are selling, he estimates, minimizing the chance for a direct investment-to-price correlation.” (1/9/08)

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 VOANews.com 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)