Saturday, January 6, 2018

B-School Bulletin: Kelley Dean To Help Light Olympic Flame - Poets&Quants

IU Kelley School Dean & 2 Alumni Participating In Olympic Torch Relay In Seoul

Idalene Kesner, Kelley dean, will carry the Olympic torch in South Korea

“Idalene ‘Idie’ Kesner, dean of the Indiana University Kelley School of Business, will travel to South Korea and join two alumni in the torch relay leading up to the 2018 PyeongChang Winter Olympics.

“Kesner will carry the torch in Seoul near the Heungkook Life Insurance Building between 11:30 a.m. and 12:15 p.m. Jan. 13.

“She will be preceded on the torch run by Curtis A. Ferguson, president of Greater China and Korea for The Coca-Cola Co., who earned a Bachelor of Science from Kelley in 1980. Following Kesner will be Young-Jin Kim, a 1984 MBA graduate who is chairman and CEO of Handok Inc., a pharmaceutical/health care company that develops, manufactures and distributes health care solutions in South Korea. They are among thousands of torch bearers carrying the Olympic flame on a 1,253-mile (2,018-km) route through South Korea. Other participants have included Park Ji-Sung, the most decorated Asian soccer player in history; Choo Shin-soo, a member of the Texas Rangers baseball team; You Young, South Korea’s youngest national champion figure skater; and a humanoid robot dubbed HUBO.”

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Percentage change in the MDRI, the ADS Business Index and the Index of Consumer Sentiment since the beginning of 2004

When Homeowners Confide In Google, Forecasters See Clues To Mortgage Defaults

News from UCLA Anderson School of Management 

“An index that tracks the number of Google searches for ‘foreclosure help’ or ‘mortgage assistance’ is a timelier gauge of default risk in the mortgage market than indicators typically used for forecasting, according to research published by the University of California Riverside’s Marcelle Chauvet, UCLA Anderson’s Stuart Gabriel and Copenhagen Business School’s Chandler Lutz.

“The Mortgage Default Risk Index, which the researchers built by aggregating Google search phrases that suggest homeowner distress, correctly predicts rises in mortgage defaults before standard indicators hint at trouble ahead, according to the findings published in the Journal of Urban Economics. The index, the study concludes, acts as a leading indicator to the most up-to-date measures of housing markets in use today.”

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Mateusz Morawiecki

New Prime Minister Of Poland A Kellogg Graduate

News from Northwestern University Kellogg School of Management 

“Kellogg School of Management alumnus Mateusz Morawiecki was appointed Poland’s new prime minister Dec. 11, according to The New York Times. Morawiecki was chosen by party leader Jarosław Kaczynski to replace Beata Szydło, who resigned Dec. 7.

“Taryn Tawoda, associate director of external communications for Kellogg, confirmed in an email that Morawiecki is an alumnus of Kellogg Executive Education. He received a certificate from the Advanced Executive Program — which is no longer offered by Kellogg — in 2006, Tawoda said.

“Morawiecki served as the Deputy Prime Minister and Minister of Economic Development in Szydło’s cabinet after joining the ruling right-wing Polish Law and Justice Party in March 2016, according to The Washington Post. The party’s push to restructure Poland’s court system is being seen as an effort to make the judiciary less independent, and are under intense scrutiny from European Union officials, according to The Times.”

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Mandela’s Lessons In Self-Leadership

News from London Business School

“The most important battles that any leader has to face are resolved in that mysterious mental space we call the self. Nelson Mandela is the most memorable and revered leader in modern history for his actions. It was his inner strength that powered his historic achievements.

“This was underscored for me recently when I talked with two people in South Africa who had known him well: Mandela’s lifelong friend but political opponent Mangosuthu Buthelezi and Christo Brand, his prison guard leader for the last 15 years of his incarceration. There are lessons for us all.

“Mandela was a man of iron-self-discipline, unshakeable vision and values, enormous human warmth, high intelligence and an articulate tongue. He adhered to strict ethical and strategic boundaries, yet he knew when to be flexible and meet the enemy with a smile – even an embrace. He is rightly judged to have been a very special leader. But how did he get to be that way?”

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Margaret Graves pivoted from a career in consulting to information technology in the U.S. government. She now serves as acting chief information officer of the country

Meet The Darden Alumna Serving As Acting CIO Of The United States

 News from University of Virginia Darden School of Business

“As acting chief information officer of the United States, University of Virginia alumna Margaret Graves (MBA ’82) oversees the vast web of technology that supports and protects the work of the federal government every day.

“It’s a big task and one to which Graves is deeply committed. She joined the federal government shortly after 11 September 2001, when several colleagues she worked with during her management consulting career lost their lives.”

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Keith Chen uses cell phone location data and local voting records to measure discord

Holiday Meals Shortened By Political Divide

News from UCLA Anderson

“‘Pass the mashed potatoes, please,’ may be the safest holiday table conversation for friends and family that aren’t politically aligned.

“In a survey last summer of more than 5,000 adults, Pew Research Center found that the record level of partisan differences seen during the Obama years has deepened. A 29-percentage-point gap in views of the role of government assistance for the needy in 2011 is now 47 percentage points. On the question of whether ‘immigrants strengthen the country with their hard work and talents,’ a 22-point divide between Democrats and Republicans in 2011 is now 42 points.”

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Feeding The Future Of Agriculture With Vertical Farming

News from Stanford Graduate School of Business

“Average global food prices have gone up by 2.6% annually in the past two decades. If that trend continues, not only does it threaten a baseline quality of life as more disposable income goes toward food, it also threatens our overall food security.

“Hunger and malnutrition issues persist, especially in developing countries. Food scarcity problems have also been linked to political unrest and violence. According to the United Nations World Food Programme, record-high food prices in 2008 prompted riots in 48 countries, including fragile states like Somalia and Yemen.”

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A Bridge From Ithaca To Roosevelt Island

News from Cornell University SC Johnson College of Business

“This semester, Johnson introduced a new weekend course curriculum at Cornell Tech. Over three weekends in October, November, and December, Johnson MBA students traveled by bus from Ithaca to New York City to participate in unique, focused courses at Cornell Tech’s new Roosevelt Island campus. In the process, they engaged with their Johnson Cornell Tech peers, many of whom they had gotten to know this past summer in Ithaca.

“Given Cornell Tech’s proximity to the Manhattan tech and business ecosystems, students had the opportunity to learn from local practitioners like Tracy Dolgin ’81, senior adviser at the Raine Group. I had the privilege of co-teaching the Digital Leadership in Cultural Markets course with Dolgin, a graduate of Cornell’s School of Industrial and Labor Relations. The course explored the role of entrepreneurial leadership in cultural markets transformed by digital technologies, taking advantage of New York City’s role as the commercial and cultural center of art, fashion, media, and entertainment. Dolgin leveraged his experience as the former president and CEO of the YES Network to facilitate a module on digital leadership in sports.”

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Time Management For Startups: Entrepreneurs Act As If Future Hours Aren’t Worth Much

News from UCLA Anderson

“Management guru Peter Drucker referred to time as ‘the one truly universal condition,’ and American businesses over the past century have turned time management into an obsession. Books and academic studies abound. But they’re mostly aimed at the corporate world. What about time management for entrepreneurs?

UCLA Anderson’s Charles J. Corbett, whose business-operations studies initially focused on large organizations, regularly fields questions from students about startup management practices. ‘I realized there wasn’t much out there,’ Corbett said in an interview. ‘A lot of the issues that entrepreneurs face don’t come up in our core management studies.'”

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