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News
Briefs |
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Congratulations Class of 2008!
Robert H. Smith Speaks at Commencement
 In
an emotional ceremony at the Comcast
Center, 700 undergraduates, 350 MBA
students and two doctoral students
received their Smith School degrees on
May 23. Delivering the keynote address
was Robert H. Smith ’50, visionary
builder and developer in the Washington,
D.C., metropolitan area, and the man for
whom the Smith School is named. He is
former chairman of Charles E. Smith
Commercial Realty, a division of Vornado
Realty Trust, and former chairman of
Charles E. Smith Residential, a division
of Archstone-Smith. Smith’s family
company is best known for developing and
building the Crystal City complex in
Northern Virginia. Smith advised the
graduates not to fear failure. Fear of
failure, he said, was the secret
motivator behind many bad decisions.
►Full Story (Video/Photos/Transcripts)
►Stay in Touch!
www.alumninetwork.rhsmith.umd.edu
Anandalingam to Lead Smith School
 On
May 22, Nariman Farvardin, senior vice
president for academic affairs and provost,
announced G. “Anand” Anandalingam, senior
associate dean and Ralph J. Tyser Professor
of Management Science at the Robert H. Smith
School of Business, has been appointed dean
of the school. Anandalingam will succeed
Howard Frank on July 1.
“Dean Anandalingam takes over the Smith
School at a time when strong leadership and
vision are needed to implement the
university’s bold new strategic plan, which
charts a course for Maryland to be one of
the world’s best universities within 10
years,” Farvardin said. “His expertise in
the vital area of electronic markets, his
experience forming global partnerships, and
his teaching excellence will help lead the
Smith School to further success in producing
graduates who contribute to the state and
the nation and who are globally
competitive.”
►Full Story
Smith School Announces "Fifth Annual Top
10 Summer Reading List for Business
Leaders"
The Smith School is excited to announce
some favorite books in the "Fifth Annual
Top 10 Summer Reading List for Business
Leaders" for 2008, as recommended by
faculty members and administrators.
Links to Amazon.com to purchase the
books are provided, with all of the
referral fees supporting Smith School
scholarships. Long-time best-sellers and
new thought-provokers make the 2008
list. We hope you enjoy Smith's Fifth
Annual Top 10 Summer Reading List.
►Full Story
Assad Named Dean of University of
Buffalo School of Management
Arjang A. Assad, professor of management
science and Dean's Professor for
Extraordinary Service at the Smith
School, has been named dean of the
University at Buffalo School of
Management. His appointment will be
effective Aug. 1, 2008. He will succeed
John M. Thomas, who announced last
October that he planned to step down as
dean after five years. Assad has been at
the University of Maryland since 1978.
"I have worked with Arjang for many
years in his capacities as faculty
member, department chair and my senior
associate dean," said Howard Frank.
"Therefore, while I'm sorry to be losing
such a fine colleague, I am very pleased
that he will able to display his talents
as a dean."
►Full Story
Dean Frank Pens "Dean's Corner" Column
for AACSB
Faculty and the Bottom Line
"I walked into the University of
Maryland’s business school on September
15, 1997—my first day as dean—ready to
resolve the weaknesses of a business
school at a public university. I quickly
learned that academics don’t know the
word weakness; instead, they know
negative opportunities. I saw such an
opportunity with our small faculty, at
that time only 70 full-time members, and
I spent the next decade expanding."
►Full Story
MBA Students Square off in Annual Smith
Technology Challenge Case Competition
April 25 marked the final round of the
annual Smith Technology Challenge Case
Competition at the Robert H. Smith School of
Business. The competition is designed to
refine and develop the strategic thinking
and analytical skills of second-year,
part-time MBA students. Participation in
this event is an academic requirement and
began in March with a Sprint conference call
and culminated with final team presentations
at Van Munching Hall in College Park.
►Full Story
Smith Co-sponsors Fifth Annual Cybersecurity
Forum
 Probing
questions and lively discussion punctuated
the presentations at the 5th Annual
Cybersecurity Forum at the Smith School of
Business on May 29. The forum brought
together academic researchers and industry
professionals from around the globe to
discuss risk-management issues related to
information security. The day included
expert presentations followed by discussions
that ranged from the extremely theoretical
to the practical to the purely political.
The issues ranged from personal security
risks to corporate and national security
risks.
►Full Story
SUSA
Wins Campus Award
As Pat Cleveland, Smith School associate
dean for undergraduate studies, tells her
students, “The world belongs to those who
show up.” The members of the Smith
Undergraduate Student Association have, in
fact, shown up twice. The evening of May 8,
on behalf of the organization, SUSA
president Marla Weintraub happily accepted
the award for “Best Governing Body on
Campus,” which the group won once before in
2006.
Judged on relations with the university,
programming and co-sponsorship with other
organizations, SUSA shone brightest among
the competition and received an honor many
feel is well-deserved. Dean Cleveland
expressed her support for the group: “I know
that SUSA is the best-managed student
organization on earth, and it is very
gratifying to see that the campus has also
recognized your excellence and
professionalism. I am really proud of you
all, and looking forward to another great
year to come!”
University
Update
►UM/Smith
Experts Talk about Recession
There has been a lot of talk recently about
the country’s current financial condition;
what caused it, how to fix it, are we really
even in a recession? For many Americans,
recession, at best, is a broad term that
means economic times are tough. UM asked
university experts to talk about, from their
perspectives, what may have caused a
situation that has even investment firms
seeking help from the Fed. What is the
recession’s impact, nationally and globally?
And are there any solutions?
►Full Story
(Between the Columns)
►Gary
Williams Era, 20 Years at Maryland
Maryland men's basketball coach Gary
Williams is set to begin his 20th season in
2008-09. During his time as head coach of
Maryland Men's Basketball, Williams has
built a resume matched by very few in the
coaching ranks. This series takes a look at
the achievements, accolades and milestones
through Williams' time as head coach of the
Maryland Terrapins.
►Full Story
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Smith School in the News |
►NBC
Nightly News – June 17, 2008 –
Business professor and economist
Peter Morici is interviewed in a
story about foreign ownership of
American companies and properties.
►Read more
►Washington
Post.com – June 17, 2008 – Smith
School alum Matt Fleischer and his
Hook & Ladder beer company are profiled
in a business blog post. The Smith
School and the Dingman Center for
Entrepreneurship are mentioned.
►Read more
►AACSB
eNewsline – June 2008 – Dean
Howard Frank writes a contributed
column about faculty salaries at
business schools.
►Read more
►The
Baltimore Sun – June 4, 2008 –
Business professor and economist
Peter Morici writes an op-ed about
greenhouse gas legislation that he says
will accelerate global warming.
►Read more
►Financial
Times – June 3, 2008 – Albert
“Pete” Kyle, the Smith Chair
Professor of Finance, is quoted in a
story about the housing market and
Fannie Mae and Freddie Mac.
►Read more
►Marketplace
– June 6, 2008 – Business professor and
economist Peter Morici is
interviewed about the subprime mortgage
mess and Lehman Bros. losses.
►Read more
►The
Wall Street Journal – June 2, 2008 –
Research from Russ Wermers,
associate professor of finance, is
mentioned in a story about investors
that veer from their investment styles.
►Read more
►The
Daily Record – June 2, 2008 –
Janet Wagner, associate chair of the
marketing department and associate
professor, is quoted in a story about
the light rail in Baltimore and
ridership marketing tactics.
►Read more
►World
Trade Magazine– June 2008 – Business
professor and economist Peter Morici
is named one of the “Fabulous 50” in the
magazine’s annual list of companies,
people and places pushing the global
trading community forward.
►Read more
►The
Baltimore Sun – May 23, 2008 – G.
“Anand” Anandalingam’s appointment
to Smith School dean is the subject of a
news item.
►Read more
►The
Washington Post – May 23, 2008 –
G. “Anand” Anandalingam’s
appointment to Smith School dean is the
subject of a news story, which includes
quotes from Anandalingam.
►Read more
►Financial
Times.com – May 22, 2008 – G.
“Anand” Anandalingam’s appointment to
Smith School dean is the subject of a
news item.
►Read more
►Inside
Supply Management – May 2008 –
Supply Chain Management Center
co-directors Sandor Boyson and Thomas
Corsi, both supply chain professors,
are quoted in a lengthy profile of their
Global Supply Chain Game.
►Read more
(log in required)
More Smith
School in the News ► |
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Smith
Business Close-Up |
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Thursday, June
26, 7:30 p.m.
Sunday, June 29, 7:30 a.m.
Monday, June 30, 4:30 a.m . |
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I  n this edition of Smith Business
Close-Up with the University of
Maryland’s Robert H. Smith School of
Business, Dr. Paul Tesluk explains why
leadership development is a competitive
advantage for companies and for
employees.
Dr. Paul Tesluk is associate
professor of management & organization
and co-chair of the department, as well
as associate director of the Center for
Human Capital, Innovation, and
Technology at the Smith School. Tesluk’s
primary research explores issues
impacting work team effectiveness
including the development of managerial
talent and human capital through the use
of work experiences, and implications
for organizations and career
development. His work has been published
in many journals including Academy of
Management Journal, Personnel
Psychology, and Journal of Applied
Psychology. Tesluk has received awards
for his research on team effectiveness
and work experience and development from
the Society for
Industrial/Organizational Psychology. He
has worked with a number of private and
public-sector organizations in both
research and consulting capacities.
Smith Business Close-Up can be seen
bi-weekly on Maryland Public
Television’s “Your Money and Business.”
Watch Paul Tesluk Thursday, June 26 at
7:30 p.m.; Sunday, June 29 at 7:30 a.m.;
and Monday, June 30 at 4:30 a.m. on
public television stations throughout
Maryland and the Washington, D.C.
metropolitan region, including:
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■ WMPB-TV (Ch. 67), Baltimore
■ WMPT-TV (Ch. 22), D.C. metro/Annapolis
■ WCPB-TV (Ch. 28), Salisbury
■ WFPT-TV (Ch. 62), Frederick
■ WWPB-TV (Ch. 31), Hagerstown
■ WGPT-TV (Ch. 36), Oakland
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| Previous episodes of Smith Business Close-Up on Maryland Public
Television's "Your Money and
Business" can
be
seen online
and
downloaded to your iPod. |
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| Faculty
Up Front |
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►P.K.
Kannan, Harvey Sanders Associate
Professor of Marketing, won the
prestigious John D.C. Little Award for the
best marketing paper in an INFORMS
journal in 2007 for the paper, written
with Lan Luo and Brian T. Ratchford,
titled “New Product Development under
Channel Acceptance,” Marketing
Science, 26 (March/April 2007),
149-163.
►Gilad
Chen is the winner of the 2008
Cummings Scholar Award for early- to
mid-career scholarly achievement, given
by the Organizational Behavior Division
of the Academy of Management.
►John
A. Haslem: The 30 Seconds Outlook
"The three most important lessons I
learned were all from the same book, The
Intelligent Investor . . .."
Warren Buffett, as reported in CNBC, May
27, 2008.
"The first is, to look at stocks as
pieces of businesses, not as little
items on a chart that move around, not
as ticker symbols, not as something that
might split next week or next month or
something of the sort. But, rather, to
look at the business, value the
business, divide by the shares
outstanding, and decide whether you
really want to own a piece of that
business at that price.
The second one was his commentary
about your attitude toward the stock
market. That it is there to serve you
rather than to instruct you, and he used
the famous 'Mr. Market' example of that.
That attitude is fundamental to making
money in stocks over time.
And the final item he talked about
was margin of safety. When you buy a
stock that you think is worth10 dollars,
you don't pay $9.95 for it, because you
can't be that precise in estimating its
value. So you leave a considerable
margin of safety for both what you don't
understand and for the vagaries of the
future. And those three ideas, which I
learned when I was 19 years old, have
been the bedrock of everything I've done
since."
John A. Haslem's recent paper, "Why
Do Mutual Fund Investors Employ
Financial Advisors?" appears in
The Social Science Research Network's
Recent Hits: Top 10 Papers for Journal
of Behavioral and Experimental
Accounting. |
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Technology@Smith |
Blackboard Upgrade
Blackboard version 8 is here! After
a great deal of feedback from faculty,
the Gradebook has been completely
re-worked. For a look at the new "Grade
Center" watch this short video; and for
highlights of other upgrade features,
click here.
Summer and Fall workshops are being
arranged - check the Smith IT Training
Web pages and watch your e-mail for the
training schedule.
Tablets on Display
Smith IT has four convertible laptops,
or tablet PCs, on display in the lobby
of the 3520 suite for the month of June.
Two are Fujitsus, one is the new Dell
tablet and one is an IBM. If you've been
thinking about buying one, please come
and see how you like these models. Our
recommendations for the coming year will
be based upon your feedback. We will
also schedule a time in a classroom if
you want to try one with the projection
systems. Just ask the Helpdesk to
schedule a classroom session for you.
You’ve Got (Sad) Mail!!
You may have noticed recently a sad
face appearing in your Inbox in Lotus
Notes next to some of your e-mails as
below.
What makes an e-mail sad? The
size of it! Any e-mail that is larger
than 500Kb earns a sad face. The purpose
of this is to draw your attention to any
message that is overly large. Sometimes
when working with e-mail you may not
realize that an e-mail contains large
attachments or pictures so you end up
keeping the e-mail and all the attached
data.
If you see a sad face then you know
it’s a pretty big e-mail that is using
up a sizeable portion of your quota and
you can decide what to do with it. Do
you really need to keep the e-mail or
can you delete it? Perhaps you can keep
the e-mail but don’t need the
attachment, so open the e-mail and
delete the files. Or instead you can
save the file to your computer and
remove the attachment from the e-mail so
you use less storage (click Extras >
Detach and Link to save the file to your
K: drive or My Documents etc).
Either way, if you keep an eye out
and reduce unwanted e-mails and
attachments, you can make not only your
mail file faster, but other people’s
mail files too! And at the same time
you’ll be increasing server stability
and lowering costs. Go on, make your
Inbox happy and remove a sad e-mail
today!
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Bulletin Board
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Howard Frank Celebration
On May 20, the Smith School community joined
to celebrate the tenure of Howard Frank as
dean of the school. He will start a one-year
sabbatical at the end of this month. In his
decade as dean, Frank introduced a host of
initiatives which improved the school’s
ability to offer a world-class, meaningful
education to students. These initiatives
include creating innovative,
forward-thinking programs such as the
Undergraduate Fellows Program and $12
million Smith PhD initiative; attracting
significant gifts and endowments to build
scholarship funds and attract and retain the
best faculty; increasing the physical size
of the school to provide a better learning
environment for students; building the
school’s worldwide reputation as a research
institution; and leading global expansion
into key markets such as China.
Thank You
Dean Frank!
Smith
Students Keep Blogs on MBA Experience
Four Smith MBA students are keeping blogs of
their MBA experience. Check them out!
♦
http://blogs.rhsmith.umd.edu/donna
♦
http://blogs.rhsmith.umd.edu/lettie
♦
http://blogs.rhsmith.umd.edu/adam
♦
http://blogs.rhsmith.umd.edu/pete |
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Have an item for the bulletin
board?
Send e-mail to
aleyl@rhsmith.umd.edu
for consideration.
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June 2008
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Smith School
History
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As enrollment skyrockets after the
end of World War II, faculty also
increases from 18-76. The first MBA
degrees are granted to five students
of Dr. John Frederick, who joined the
faculty in 1946 from the University of
Texas and brought his graduate students
with him.
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►Interactive
Smith School Timeline
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Smith Newslink
MBA is a production of the Office of Marketing
Communications in cooperation with the Masters Programs
Office.
Thank You
Smith Media
Group 2007-08!
Loretta Goodridge
MBA 2008
Smith Newslink MBA Editor
Pete Baird
MBA Candidate 2009
Donna Lin
MBA Candidate 2009
Adam Weiner
MBA Candidate 2009
Other Contributors:
Office of Marketing Communications
Office of Smith IT
Send comments or
submissions to:
smithnewslink@rhsmith.umd.edu
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