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News
Briefs |
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Booz Allen Hamilton Case Competition
Winners
On Friday, November 3, first-year MBAs
Daniel Bresette, Eric Olesh, Ray Wang,
and Sam Tang won the Booz Allen Hamilton
OCT Case Challenge. The win was the
culmination of a week of teamwork and
good thinking.
Reserved for first-year students, the
case competition results in internship
offers for the winning team. The winning
team also will go on to compete at the
national finals at Booz Allen’s McLean,
Va., offices on Friday, November 17.
“On behalf of the Smith MBA Consulting
Association, we were honored to have
been invited to participate in this
year's Booz Allen Hamiliton OCT Case
Challenge,” said Chirag Metre, President
of the Smith MBA Consulting Association.
“Our participation is a testament to the
caliber of the students we have here at
the Smith School, further strengthening
our ongoing relationship with Booz Allen
Hamilton, the premier global strategy
and technology consulting firm.”
This year’s case focused on IT
transformation in the federal sector.
The premise was fictional, but the
challenge posed was how to handle to the
formation of a new federal department
created through the consolidation of
three former federal agencies. The new
department required new IT systems and
human capital structure. The team’s job
was to develop an implementation plan.
“For my team, I think time management
presented us with our biggest challenge.
We were given less than a week to turn a
wide-ranging, complicated case into a
concise presentation. We had to figure
out very quickly where to begin and how
to prioritize our tasks,” said team
member Daniel Bresette. While he doesn’t
want to jinx it, Bresette hopes he and
his teammates can build on this
experience and pull together a national
win later this month.
Helping them as they head to nationals?
Team work. Notes team member Sam Tang:
“Not only does every member bring
something to the table, as a team we are
able to capitalize on our difference by
creating and managing a very dynamic
team process. Everybody kept an open
mind toward different ideas. We argued a
lot while doing the project. We
challenged each other. We were also
willing to be challenged by other
members. As such, we were able to
constantly develop our ideas to make
them better as a team. The process let
us feel that the team is more than just
the sum of the four of us.”
Booz Allen Judges were Alan Potter,
Sanjay Purohit and Tiffany Whitton, two
of whom were Smith School graduates. For
more information on the challenge,
contact Chirag Metre at
chirag.metre@rhsmith.umd.edu.
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Smith Team Earns 2nd Place in MBA Stock
Pitch Challenge
A three-man team from the Smith
School wowed portfolio managers and
stock analysts at Cornell University’s
Johnson School of Management’s fifth
annual MBA Stock Pitch Challenge. The
event was held November 3, 2006 at the
Parker Center for Investment Research in
Ithaca, NY. Team members were
second-year, full-time MBA students
Christopher Mandozzi, Harold (Tray)
Spilker and Christopher Van Horn. The
team tied for second place – a
first-ever for the competition – with
the team from the University of
Virginia’s Darden School. The
first-place team was from the Kellogg
School at Northwestern University and
they received $3,000. The second-place
teams won $1,500. Other finalists
included Columbia, Chicago and
Rochester.
►Full Story
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Carly Fiorina Book Signing & Networking
Event Attracts 300
Monday night was an extraordinary night for
the Smith School community. Nearly 300
alumni, students, faculty, administrators,
staff, and friends gathered for a book
signing and networking event featuring
former HP CEO Carly Fiorina, MBA '80. The
event took place at The Ritz Carlton in
Tysons Corner and was considered by many
attendees -- even first-timers to an alumni
event -- to be one of the best ever. Tom
McMillen '74, former Maryland basketball
player and congressman, and Mary Kane,
Maryland secretary of state, were both in
attendance.
Fiorina,
MBA '80, signed copies of her new
book, Tough Choices: A Memoir, and
gave a talk about the book and her time at
Smith. To the delight of the crowd, she came
down from the podium and stage to interact
with the audience. She described in more
detail than is in the book her connections
to Professors Rudy Lamone, Ed Locke and Bill
Nickels. When she spotted Nickels in the
audience, she ran over to give him a big
hug. "I'm tremendously proud to be one
among many of the great representatives of
this school," said Fiorina. After an
enlightening Q&A session, the crowd gave her
a standing ovation, and Dean Howard Frank
declared that one future position for her
could be dean of the Robert H. Smith School
of Business.
►Full Story
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AOL's Ted Leonsis Headlines 7th Annual
CIO Forum
Executives, academicians and students
gathered for an exceptional day of
learning and sharing at the Smith
School's 7th Annual CIO Forum, held on
November 3, 2006. Keynote speaker Ted
Leonsis, vice chairman of AOL, talked
about strategically managing information
technology for the past three decades and how the
recent shift in consumer needs is
changing business.
Full Story, Video and Presentations |
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Opportunities to Learn Outside of the
Classroom
MBA students at the Robert H. Smith
School of Business have the opportunity
to learn from two excellent speakers
this fall. On Friday, November 17,
Vikram Khanna, M.H.S., P.A., and founder
of Galileo Health Partners, LLC, will
speak to students about exercise,
nutrition, and risk management. Mr.
Khanna is an entrepreneur who uses his
unique combination of clinical and
exercise skills to translate exercise
science and nutrition information into
practical and useful knowledge for
individuals and organizations alike.
On Friday, December 1, Dr. Russ Ackoff,
Professor Emeritus of the Wharton School
and Chairman of Interact, the Institute
for Interactive Management, will speak
to Smith students about Systems
Thinking. Dr. Ackoff received his
Bachelor of Architecture and Doctorate
in Philosophy of Science from the
University of Pennsylvania. He later
earned his Doctorate of Science from the
University of Lancaster.
These speaker events are mandatory for
first-year MBA students but optional for
second-year and part-time MBA students.
For more information, please contact
Dustin Hodgson at
dhogdson@rhsmith.umd.edu.
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Research Sheds New Light on Dot-com
Bust: Contrary to Popular Wisdom, High
Rate of Companies Survived
New research on the dot-com era from the
Smith School reveals despite significant
losses suffered by investors, nearly 50
percent of 1990s dot-com startups
survived at least five years. This
success rate is better than or on par
with other emerging industries,
contradicting the traditional view that
the majority of Internet companies
landed belly up.
“The high survival rate we observed
is both remarkable in its own right and
interesting for what it implies about
the rate of firm formation during this
period,” said David A. Kirsch, Smith
School assistant professor of management
and organization and co-author of the
study. “Despite public perception that
there were too many dot-coms and too
many failures, seen in this broader
light, there may have been too few
dot-com companies.”
►News Release
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CHIDS
Awarded Planning Grant and Government
Contract
The Center for Health Information
and Decision Systems (CHIDS) recently
received a one-year planning grant from
the National Science Foundation (NSF),
and was awarded a contract by the Office
of the Assistant Secretary for Planning
and Evaluation (ASPE) of the Department
of Health and Human Services. The NSF
grant was received in conjunction with
Harvard Medical Center, and is going to
help fund CHIDS expansion of its
research in health information
technology (HIT).
►Full Story |
Smith CIBER Event: Inside
International Washington Seminar
The Smith CIBER will host an
Inside International Washington
seminar on December 6 - 8, 2006. This
three-day seminar will provide
participants a unique opportunity to
explore and experience the international
and diplomatic Washington – at the
intersection of business and public
policy – on themes such as: American
foreign policy, international economics
and trade, national security,
intellectual property protection, and
emerging markets.
►Event Web Site
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♦
Smith
Launches $50K Undergraduate
Investment Fund |
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New IANA Scholarship Program Will
Support Students Participating in
Smith School's LTSCM Fellows Program |
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Smith
Strategic Plan 2006-2011 (Available
Online) |
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Fall
2006 Smith Business Magazine |
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Fall
2006 Research@Smith
Newsletter |
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Spotlight: Debra Pierce
Special
Projects Coordinator, Office of External
Relations
Debra
Pierce currently holds the position of
special projects coordinator in the Office
of External Relations, however, she will be
leaving her post at the Smith School on
December 1 to start her own nonprofit
organization. Pierce joined the University
of Maryland in 1998 in the University
Relations Office and moved to the Office of
External Relations here at the Smith School
in December 1999. Over the years, she has
worked her way up from administrative
assistant, to office manager, and finally to
her current role as special projects
coordinator, in which she supports the
corporate development team.
Pierce is launching Tradeprep Inc., which
will assist disadvantaged women in securing
employment and becoming self-sufficient. The
program will include job readiness training
and life skills coaching such as money
management, social skills and home
responsibilities.
►Full Story |
Student Leadership Profile: Leslie
Pankowski
Vice President, Student Affairs
This summer, Leslie Pankowski got to
know two groups of people really well:
the staff in the Masters Program Office
and her classmates serving on the MBA
Orientation Committee. As vice president
of student affairs, planning and
implementation of orientation week for
full-time MBAs fell to her. During the
school year, she also acts as a liaison
between faculty and students for both
full-time first- and second-year
students.
►Full Story
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Smith School in the News |
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►Detroit
Free Press – Nov. 12, 2006 – A story
previewing the “big three” U.S.
automakers meeting with President Bush
includes a quote from business professor
Peter Morici.
►Read more
►Reuters
– Nov. 9, 2006 – A story about the
increased demand for the $2 bill
includes a quote from business professor
Peter Morici.
►Read more
►Wall
Street Journal – Nov. 8, 2006 – New
research by management and organization
assistant professors David Kirsch
and Brent Goldfarb sheds light on
the dot-com era and is the subject of
the Portals column in the Marketplace
section.
►Read more
►Wall
Street Journal – Nov. 8, 2006 –
Business professor Peter Morici
writes a letter to the editor in
response to a series of articles on U.S.
manufacturers.
►Read more
►Associated
Press – Nov. 7, 2006 – Election
coverage includes a story about a push
for trade policy changes by Democrats,
which includes comments from business
professor Peter Morici. Appeared
in various outlets, including USA
Today.
►Read more
►Associated
Press – Nov. 7, 2006 – Business
professor Peter Morici is quoted
in a story about GM’s ventures in China.
►Read more
►The
Washington Post – Nov. 6, 2006 –
Dingman portfolio company GoozEx,
a video game exchange Web company run by
Smith graduates, was profiled in a story
in the business section.
►Read more
►Federal
Computer Week – Nov. 6, 2006 –
Review of cybersecurity book by
Lawrence Gordon, Ernst & Young
Alumni Professor of Managerial
Accounting, and Martin Loeb,
accounting and information assurance
professor and Deloitte & Touche LLP
Faculty Fellow. Includes quotes from
Gordon.
►Read more
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Faculty Up Front
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Top 15% Teaching Award Recipients
The Teaching Enhancement Committee (Arjang
Assad, Judy Frels, Curt Grimm (chair), and
Cindy Stevens) is pleased to announce the
Top 15 % Teaching Award recipients for
2005-06. The Top 15% Teaching Awards are
based on faculty performance during the
previous academic year, consisting of fall
semester, winter semester, spring semester,
and summer semester sessions I and II, in
that order. There are three categories of
awards: category 1, top 15 percent of
full-time faculty (including tenure-track
and Tyser Teaching Fellows); category 2, top
15 percent of adjunct faculty and PhD
students; and category 3, top 15 percent of
faculty teaching in the MBA core and/or
other courses with more than 65 students.
Congratulations to the following
(categories are noted after the department
name):
Anand
Anandalingam, DIT (1)
Joseph Bailey, LBPP/DIT (3)
J. Robert Baum, M&O (1)
Simon Bensimon, Marketing (2)
Kathy Boyle, Marketing (2)
Eugene Cantor, Accounting (2)
Michael Chapman, M&O (2)
Victor Cheng, LBPP (2)
Wilbur Chung, LBPP (3)
Barney Corwin, DIT (2)
Hugh Courtney, M&O (1)
Chris Dellarocas, DIT (3)
Curt Grimm, LBPP (1 & 3)
Anil Gupta, M&O (1)
Rebecca Hamilton, Marketing (1)
Steven Heston, Finance (1)
Sharon Hill, M&O (2)
Wolfgang Jank, DIT (1 & 3)
Jeffrey Kudisch, M&O (3) |
Patrice Lewis, LBPP
(2)
Michael Padhi, Finance (2)
Michael Pfarrer, M&O (2)
Gordon Phillips, Finance (1)
Subramanian Raghavan, DIT (1)
Rhonda Reger, M&O (1)
Joyce Russell, M&O (1 & 3)
Debra Shapiro, M&O (1)
Galit Shmueli, DIT (1)
James Spina, M&O (2)
Gerald Suarez, DIT (1)
Alex Triantis, Finance (3)
Chih-Yang Tseng, Accounting (2)
Carl Ullrich, Finance (2)
Meg Vandeweghe, Finance, (2)
Dave Waguespack, M&O (1)
Ian Williamson, M&O (3)
Xiaomang (Alice) Zhang, M&O (2) |
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Thursday, November
16,
7:30 p.m.
Friday, November 17,
6:00 a.m.
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What type of talent are
some of the area’s top
companies and recruiters
looking for?
Don’t miss Maryland
Public Television reporter
Mindy Mintz’s second
installment in this
three-part series on the job
market in 2006. In this
special edition of Smith
Business Close-Up you’ll
find out what top employers
and recruiters are looking
for in potential employees.
Corporate executives and
recruiters and members of
the Smith School’s Office of
Career Management team,
Peter Brown and Monica
Shutte, discuss the skills
and experience recruiters
are looking for and the best
ways to differentiate
yourself in today’s
competitive marketplace.
Smith Business
Close-Up can be seen
bi-weekly on Maryland Public
Television's Business
Connection. Watch this week
Thursday, November 16 at
7:30 p.m. and Friday,
November 17 at 6:00 a.m. on
public television stations
throughout Maryland and the
Washington, D.C.,
metropolitan region,
including:
■ 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
Have an idea for Smith
Business Close-Up?
Contact Kathy Marmon at
kmarmon@rhsmith.umd.edu
(or at ext. 59568) to
discuss appearing in an
upcoming edition of Smith
Business Close-Up
and to make suggestions for
a future segment.
►Watch previous episodes online.
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Technology@Smith
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New Password Policy
Many of you have seen recent communication
from the University’s Office of Information
Technology (OIT) regarding their new policy
for passwords in the University Directory.
We will take this opportunity to explain
what this means to you as a part of the
Smith School community. If you have any
questions at all, please contact the Smith
IT Help desk at
helpme@rhsmith.umd.edu or at
301-405-2269.
Many of you are (and should be)
suspicious of e-mail asking you to change
your passwords. The message from OIT is
genuine – they have in fact changed their
policy, and if you have not changed your
password since August 16, you will need to
change your password to continue accessing
systems such as Blackboard, the eSmith
portal, ARES, Testudo, and the campus
wireless network. In addition, from now on
passwords will expire on University systems
every 180 days.
We urge everyone who has received a
message about their University Directory
password expiring to go to the university’s
password site at
http://password.umd.edu well in advance
of the deadline. The servers handling the
password rotation have shown signs of
overloading, and you don’t want to get
caught in the rush on the last day. There
are two upcoming dates for these changes -
November 8th and November 15th. The
notification e-mail you receive from OIT
will indicate which expiration date your
account will be assigned – you cannot choose
or change this date.
If you have not already done so, when you
go to their site to reset your password you
will be prompted to enter the answers to a
set of security questions. This set of
questions will be used to validate your
identity in the future should you ever
forget your password. With these questions,
users will be able to reset their own
passwords without having to contact the OIT
help desk.
We know that many will find getting used
to the new password policy to be painful,
but this change of policy is an important
step in securing computer resources at the
University. State auditors created the
password quality and rotation policy in
alignment with state and industry best
practices. Smith will be matching the policy
to protect our own systems using the same
standard in the near future. In fact, in an
independent security penetration audit
contracted by Smith IT, the only breech of
Smith system security was through a
low-quality password. It is vital we protect
our systems and data from attack.
Questions with Answers
Q: Can I be exempt from the new
policy?
A: We are unaware of anyone being granted an
exemption by the University’s Office of
Information Technology.
Q: Why is such a difficult policy in
effect? What’s the point?
A: Security breeches at universities have
made big headlines over the past few years.
Because university networks (and UM is no
exception) are so open on the Internet, they
are especially susceptible to attack. It’s
important that we follow industry best
practices to protect all of our systems. It
is often very easy for one compromise in one
seemingly unimportant system to lead to
other systems being compromised.
There are widely available programs that
guess passwords. The site
http://www.lockdown.co.uk/?pg=combi
lists the time required for these programs
to correctly guess passwords of different
compositions. For example, a single typical
desktop computer can guess an eight-letter
password using just lower case letters in a
maximum of 348 minutes, but the same length
password using a mixture of upper and lower
case letters plus numbers and symbols would
take 23 years!
Q: What is Smith going to do to make
this easier?
A: While the campus is providing no support
to departments and colleges to implement
their own security improvements, the Smith
School is taking the lead in helping its
users secure their systems. This summer we
installed a new password change utility that
will allow you to change the passwords for
all of your Smith accounts (Netware, Lotus
Notes client, and Lotus Notes internet) on
one Web page. This system was rolled out to
the incoming graduate students this fall,
and based on the experience gained from that
rollout we are developing a rollout plan for
the rest of the school. The current plan is
that we will call for Smith users to change
their passwords to be compliant with the new
policy in February, after we have fully
deployed the tool.
More detail on the password
synchronization tool will come in a future
message.
New Smith IT Web Site
Over the last several months, the Smith IT
Staff have been working on a new look for
their Web site. On October 19th, our new Web
site went live. Please visit our new site at
http://www.rhsmith.umd.edu/smithit and
send any comments or suggestions to
helpme@rhsmith.umd.edu.
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November 16, 2006
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FALL TERM 2006
11/23-24 Thanksgiving Holiday
12/12
Last Day of Classes
12/13
Study Day
12/14-20
Final Exams
12/20 UM
Commencement
12/21
Smith Commencement
►Holiday
Calendar
►Career-related Events |
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3,674
# UM Faculty Members
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►Find
out more
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Smith School
History

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.
Smith Media
Group
Editor
Susannah Campbell
MBA Candidate 2007
Webmaster
Mark Mulvanny
MBA Candidate 2007
Sachin Agarwal
MBA Candidate 2007
Loretta Goodridge
MBA Candidate 2008
Camille Hoff-Kain
MBA Candidate 2008
Other Contributors:
Office of Marketing Communications
Office of Smith IT
Send comments or submissions to:
newslink@rhsmith.umd.edu
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Upcoming Conferences, Career Fairs & Forums
11/17 – 11/19
Japanese-English Bilingual Career Forum (Boston, MA)
Upcoming
Competitions
11/17 UNC Alpha Challenge
(Chapel Hill, NC)
11/17 – 11/18 Thunderbird
University 2006 i4 Challenge (online)
11/29 Global Social
Entrepreneurship Competition (University of Washington)
12/10 National University
of Singapore Global MBA Challenge (online)
12/15 GE/Dow Jones
Environmental Business Plan Competition (online)
Online Procter & Gamble’s Just-in-Case Online
Competition & Job Application
Online Group Danone’s Trust 3 Competition
Online L’Oreal’s e-Strat Challenge (REGISTER 09/28 –
11/28)
Upcoming in 2007
May Booz Allen’s CEO
Challenge (Register in April 2007)
Internal Events
Fridays Pitch Dingman (11:00 a.m. – 12:00 p.m.)
11/16 Careers in
Entrepreneurship Panel
11/16 Lunch Bazaar for Save
the Children – Sudan
11/16 MBA/Alumni Happy Hour
- Bethesda
11/17 Smith Speakers
Series: Vikram Khanna, CEO of Galileo Health Partners
11/28 BioFuels, Healthcare
and NetImpact Speaker Series
12/01 Smith Speakers
Series: Dr. Russ Ackoff, Professor Emeritus of the
Wharton School and Chairman of Interact, the Institute
for Interactive Management
12/01 Dingman Day Lunch
featuring Haroon Mokhtarzada, CEO of Freewebs
12/08 Pitch Dingman $500
Competition
05/04 Cupid’s Cup $10,000
Competition
Companies Onsite
REGISTER on SOURCE now! Visit SOURCE for the most recent
updates on companies recruiting on campus.
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