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News
Briefs |
Smith School Launches $12M PhD Program
Initiative
Last week, the Smith School announced a $12
million PhD program initiative that will
significantly enhance the school’s ability
to retain and attract the world’s best and
brightest students. The initiative — one of
the most ambitious in the United States —
increases annual doctoral stipends by 45
percent to $32,500 and provides research and
travel support. Philanthropist and school
namesake Robert H. Smith, a 1950 graduate,
contributed $6 million toward the program,
matched with funds from the University of
Maryland and the business school.
“The Smith School is investing in its PhD
program at a time when PhD programs are in
crisis from a lack of sufficient resources,
and business schools likewise suffer from a
lack of talent to fill faculty positions,”
said Howard Frank, dean of the Robert H.
Smith School of Business. “We hope to set an
example by changing where the bar is set –
so ultimately, more and more talented
students will consider entering an academic
career.”
►Full Story
 Smith
MBAs Win Regional VCIC at Wharton
A team of five MBAs from the University of
Maryland's Robert H. Smith School of
Business competed and won the mid-Atlantic
regional round of the annual Venture Capital
Investment Competition (VCIC) on Feb. 15,
2008 at Wharton. The team, Vontade Capital,
was represented well by first-year MBA
students Jonathan Mervis, Reed Atkin and
Ahmadali Arabshahi, along with executive MBA
students Scott Clark and Parag Sheth.
►Full Story
Smith Students Find Real-Time Solutions for
Marriott Hotels in China
 A
group of Smith School students from Zürich
recently had the opportunity to tackle one
of the most pressing problems facing
organizations in China today.
Using a creative fusion of supply chain
concepts, world cultures and integrative
thinking, students and Smith faculty advisor
Sandy Boyson met with Marriott
management in Shanghai to embark on a
dynamic “living case” that effectively
addressed the total end-to-end process of
recruiting, training and retaining labor in
China. A class of 22 participants in the
Smith-GSBA Global Executive MBA program
worked for two weeks intensively on data
collection and analysis before making a
final presentation to Andrew Houghton,
general manager of J.W. Marriott Shanghai.
►Full Story
Smith School Presents The Transformation
Age
Coming soon! The Smith School
presents The Transformation Age, a
documentary co-produced with Maryland Public
Television (MPT) and airing locally on May 6
at 10:30 p.m and May 22 at 9:00 p.m. Viewers
in other U.S. markets can check local public
television listings for air dates starting
in April 2008. Watch and join Robert X. Cringely – writer, commentator and host of
Triumph of the Nerds, Electric Money and
Nerd TV – as he examines the opportunities
and challenges presented by information
technology in a new age of discovery and
constant change. A companion book, Inside
the Future: Surviving the Technology
Revolution, written by Smith School
Professor and documentary co-writer Hank
Lucas will also be available in spring 2008.
GMA Speaker Series Gets off to a Dynamic
Start with Anthony Pappas
 The
first Graduate Marketing Association (GMA)
event of the semester kicked off on Feb. 13 in Van Munching Hall with a
presentation from Anthony Pappas, president
and creative director of the Pappas Group.
Around 40 MBA students and faculty attended
the presentation, entitled “The Business of
Branding: How Creative Efforts Meet
Corporate Goals.”
►Full Story
Smith Team Takes Home First Place and
$10K in
ACG Case Competition
Each year every chapter of the
Association for Corporate Growth (ACG)
in the United States runs a regional
case competition for the MBA programs in
the area. This year the D.C. chapter of
the ACG held their competition Feb.
4-11. The team from Smith consisting of
second-year full-time MBA students
Jonathan Steele, Alex Obaza, Denny Chu,
and Fang Fang competed against teams
from George Mason, George Washington
University and the University of
Virginia for a first Prize of $10,000.
After a week of hard work the team from
Smith walked away with a first place
finish. (No other places were awarded.)
Alex Obaza said this about the team’s
win: “We had a great team that worked
hard and worked well together. The
experience we gained was invaluable, so
winning was just icing on the cake.”
►Full Story
9th
Annual MBA Consulting Forum Deemed a
‘Huge Success’
 On
Feb. 8, Smith students
gathered at both Van Munching Hall and
the Samuel Riggs IV Alumni Center for
the MBA Consulting Forum. This is the
ninth consecutive year that the MBA
Consulting Association Executive Board
has partnered with faculty, staff and
student volunteers to host this daylong
interactive event for students, alumni
and industry professionals. Students in
attendance had the opportunity to
interact with consulting professionals
from varied backgrounds, levels, firms,
and industries both collectively and
individually throughout the day.
►Full Story
PWC's Jude Curtis Speaks at Business Ethics
Lecture Series
Jude A. Curtis, chief ethics and compliance
officer for PricewaterhouseCoopers (PWC),
was the guest speaker at the Smith School’s
Spring Business Ethics Lecture Series on
Feb. 11, 2008. Curtis, a lawyer by training
and experience, shared his thoughts with
Smith students on professionalism and the
role of ethics in the accounting profession
and in business in general. Curtis’ primary
responsibility is “to make certain that our
people who service clients in these roles
understand their compliance and ethics
responsibilities and obligation to our
clients, their colleagues, our firm, and
themselves.”
►Full Story
MBA Speaker Series Welcomes S. Tien Wong
 On
Friday, Feb. 15, the Smith School welcomed
S. Tien Wong, CEO of Opus8 and
entrepreneur-in-residence at Smith, to its
MBA Speaker Series program. Wong is the
chairman of Opus8, a private investment firm
based in Washington, D.C., that focuses on
mid-market buyouts and venture capital.
Opus8’s investment focus is on firms in
North America and China that deal with
business process outsourcing, call centers
and customer relationship management, and
marketing services. Wong differentiates his
firm by taking an active role in the
companies in which he invests, terming this
“venture buyouts.”
►Full Story
University
Update
►UM
iSchool To Open New Research Facility
The College of Information Studies,
Maryland's iSchool, announces the grand
opening of its new research facility. This
state-of-the-art facility will be a hub for
the college's students and faculty to
conduct research, engage in group projects
and study individually. Maryland's iSchool
enables students and faculty to create new
ways for people to connect with information
that will transform society. Maryland's
iSchool is transforming itself as well, from
a small college with a strong foundation in
library and information studies programs to
a fast-growing and groundbreaking center of
expertise that will help people manage the
information explosion from childhood to
adulthood.
►Full Story
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Record Numbers Apply for Undergraduate
Admission
The University of Maryland has set a new
record for freshman applications - with more
than 27,000 received to date. Compared to
the same time last year, applications are up
17 percent. The number of applicants has
been steadily increasing for the last four
years. Many schools across the country are
also experiencing rising admission
applications. This increase is generally
being attributed to a larger number of high
school graduates, with an increased
percentage of them applying to college, as
well as a rise in the number of schools to
which each student is applying.
►Full Story
►"Green"
UM Real Estate Program to Get Greener
The University of Maryland's
innovative real estate development program -
distinguished by its broad-based approach to
sustainability - will expand significantly
with a major gift from Baltimore developer
John B. Colvin and his wife Karen. The $3
million gift to Great Expectations,
the Campaign for Maryland, will establish
the Colvin Institute of Real Estate
Development in Maryland's School of
Architecture, Planning and Preservation. The
Institute will be the academic home for the
school's two year-old Masters in Real Estate
Development (MRED), giving the program a
solid financial foundation, creating a new
track with even greater focus on sustainable
development, expanding its leadership
training, as well as extending the program's
public outreach and international presence.
►Full Story
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Smith School in the News |
►Baltimore
Examiner – February 15, 2008 – The
Smith School’s new $12 million PhD
program initiative is highlighted in an
article quoting Dean Howard Frank.
►Read more
►ABC
Radio National (Australia): RearVision
– Feb. 17, 2008 – David Kirsch,
associate professor of entrepreneurship,
business historian and electric car
expert, participates in a discussion
about the history of cars and fuel
efficiency on an Australian radio show.
►Read more and
listen online
►Financial
Times – Feb. 13, 2008 –
Chrysanthos Dellarocas, associate
professor of information systems, is
quoted in an article about eBay’s user
feedback system. His research on eBay
feedback is highlighted.
►Read more
►Marketplace
Money – Feb. 8, 2008 – Associate
finance professor Russ Wermers
rates online retirement calculators and
discusses the pros and cons in a radio
interview.
►Read more and
listen online
►Associated
Press – Feb. 8, 2008 – News that
Professor of the Practice Hugh
Courtney was named chairman of D&E
Communications is picked up nationally.
►Read more
►Wall
Street Journal – Feb. 7, 2008 –
Business professor Peter Morici
is quoted in a blog story about the
economy.
►Read more
►Business
Gazette – Feb. 7, 2008 – Paul
Tesluk, management and organization
co-chair, is quoted in a story about
corporate culture at a hospitality
company.
►Read more
►Baltimore
Sun – Feb. 5, 2008 – Distinguished
University Professor Roland Rust,
marketing chair, is quoted in a story
about Under Armour’s Super Bowl
advertisement campaign.
►Read more
More Smith
School in the News ► |
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Smith
Business Close-Up |
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 .
Thursday,
February 21, 7:30 p.m.
Sunday, February 24, 7:30 a.m.
Monday, February 25, 4:30 a.m.
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Do you have to be an Innovator to be
an Entrepreneur?
There
is no denying that entrepreneurship is
hot right now – the idea of running the
show and working for one’s self holds
great appeal for many people. But do you
have to have a completely inventive new
approach to a problem to really make it
big, or is there still room for tried
and true solutions to meet market needs?
In this edition of Smith Business
Close-Up, Asher Epstein, managing
director of the Dingman Center for
Entrepreneurship, talks about the role
of innovation in becoming a successful
entrepreneur.
Smith Business Close-Up can be seen
bi-weekly on Maryland Public
Television’s “Your Money and Business.”
Watch Asher Epstein Thursday, February
21 at 7:30 p.m.; Sunday, February 24 at
7:30 a.m.; and Monday, February 25 at
4:30 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
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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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Spotlight: |
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Student Leadership Profile
Corrinne Talley-Hobbs, MBA Candidate 2009
MBA Association Vice President of
Student Affairs
Corrinne Talley-Hobbs likes to work
with people. “I believe that ‘each one
should teach one’ and that everyone
should give back to their community,”
says Talley-Hobbs. “One common theme in
my life is that I love to help people
and to help others succeed.” It’s no
surprise that she was attracted to the
role of vice president of student
affairs, a leadership position within
the MBA Association (MBAA), whose major
responsibility is to shape the student
experience at the Robert H. Smith School
of Business, University of Maryland.
In her position, Talley-Hobbs will
have a number of important roles in
designing the future of student life at
Smith. She will be involved in weekly
track representative meetings,
organizing the MBA Speaker Series
events, functioning as a faculty-student
liaison, and planning the orientation
events for the next class of MBAs.
Talley-Hobbs was attracted to the role
for several reasons. “I sought the V.P.
of student affairs position because I
wanted to inspire and shape the student
experience here at Smith. I am a firm
believer of the ‘leave things better
than the way you found it’ policy. This
position because involves creating a
legacy and a brand for Smith by
inspiring and improving the current
experience for future global leaders who
represent Smith,” says Talley-Hobbs.
►Full Story |
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| Faculty
Up Front |
►Paul
Tesluk Named Co-Chair of M&O Department
Paul Tesluk, associate professor of
management and organization and
co-director of the Center for Human
Capital, Innovation, and Technology (HCIT),
joins Rhonda Reger, associate professor
of strategic management, as
co-chairperson of the Management and
Organization department. "I expect
Tesluk and Reger to continue to ably
lead the world-renowned M&O faculty to
further greatness," said Dean Howard
Frank. "I thank Dr. Susan Taylor for her
service as co-chairperson of M&O as she
returns to the faculty to pursue her
research and teaching full-time."
►Charles
Olson Named Professor of the Practice
Charles E. Olson, Tyser Teaching Fellow
and director of the business honors
program, has been named "Professor of
the Practice." Olson is a
member of the logistics, business and
public policy department and his current
focus is on teaching managerial and
macro economics to first-year MBA
students at the Smith School as well as
the undergraduate honors seminar. He
also participates in several executive
programs. Additionally, Olson is
involved in course and program
development and does case related
research. |
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Technology@Smith |
►MyUM
Early last year the University launched
MyUM at
http://my.umd.edu as the campus wide
application and information portal.
Since then it has been steadily gaining
popularity within the University,
primarily in the undergraduate
community. While it was initially
focused on student services, it is now
expanding to cover faculty and staff as
well. In its current state it is very
usable by everyone.MyUM, since it has
the full backing of campus OIT, provides
deeper integration to campus systems
than was possible in a system created
solely by the school of business, and is
intended to eventually become the
primary user interface for the kinds of
services currently provided by Testudo
and ARES. It also offers a more modern
technical framework to house the tools
you've been using at eSmith, providing
more flexibility in how we offer our
services.
For this reason, we have created the
new MySmith tab inside of MyUM, making
MyUM a single site for accessing both
your Smith and University systems. When
you log in to MyUM you will see a "MySmith"
tab near the top of the page. This tab
will give you access to eSmith resources
including the Windows Applications,
Smith Events Calendar, and single
sign-on access to the Lotes Notes
Applications: iNotes, Sametime, and
Workplace.
While we anticipate that the MySmith
tab will eventually replace eSmith, we
will not do this until we are satisfied
that it is meeting everyone's needs. We
know how critical eSmith is to the Smith
school community and will do nothing to
interrupt service on eSmith until we are
sure the new site is as usable and
reliable as the old one has been. To
this end, we will be running both
systems in parallel for at least the
duration of the Spring 2008 semester,
and will provide plenty of notice before
retiring eSmith.
So, please take some time to try out
MyUM at
http://my.umd.edu, and in particular
visit the MySmith tab. We welcome any
feedback you can share with us. Please
direct your feedback to
portalhelp@rhsmith.umd.edu
Archiving E-mail
By now you’ve all been introduced to the
e-mail archiving process. The archiving
policy dictates that all staff and
faculty e-mail older than one year is
removed from your current mail file and
placed into an archive mail file located
on the Lotus archive server. If want to
know more about the policy or you
haven’t experienced how easy it is to
access this archived mail and want to
try it, please visit our
Web site. |
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Bulletin Board
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Income Tax Assistance for Graduate
Students
David North and his assistants have once
again offered to help graduate students with
their U.S. income taxes this year. The
service is provided at no cost to students
and no appointments are necessary. The
service is available from 9:30 a.m. to 4
p.m. in the Graduate Council Room, 2101 Lee
Building, on March 21, 22, 24, 28, 29, 31
and April 4, 5, 7. Be sure to bring
with you all of your financial information
from 2007, including: pay stubs for the last
period of 2007, W-2s, and 1099s.
If available, students should also bring
with them the tax forms that they filed in
2006. Additionally, it has been requested
that you bring a calculator with you. To
find out more about the service or get
information about how education plays a role
in your taxes, visit
http://www.union.umd.edu/GH/finances/income_tax.html.
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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Feb. 21, 2008
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Smith School
History
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The business school’s mission statement,
published in the 1924–25 course catalog,
reveals its lofty ambitions: “The chief
aim…is to produce thinkers rather than
routine workers, executives rather than
subordinates.”
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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
Loretta Goodridge
MBA Candidate 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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