December 8, 2009

College of Business' New Instructional Facilty is Platinum

The new Business Instructional Facility at the COB has been certified as platinum for environmental standards.

This afternoon, Dean Larry DeBrock announced this exciting news to the College via e-mail:

It gives me great pleasure to inform you that the U.S. Green Building Council has made its decision on the LEED rating for BIF. We earned their highest rating - Platinum!

This recognition of our commitment to sustainability and the environment puts us in a very exclusive class. We are the first college of business at any public university to receive a platinum rating. BIF is among only a dozen platinum certified projects at any university in the world, and is the first at any university or college in Illinois, where only 14 other buildings have been certified platinum.

Indeed, this is a great achievement. BEL salutes the forward thinking of the College on energy conservation and environmental sustainability for the 21st century, especially as BIF is also a very aesthetically pleasing building.

To read more, go here.

Posted by Becky at 5:31 PM

April 8, 2009

BEL Salutes Larry DeBrock, the New Dean of the College of Business

DeBrockLarry09%20for%20becky%20smith.JPG

From the College of Business website:

CHAMPAIGN, Ill. — Lawrence DeBrock, a noted economist and longtime University of Illinois professor and administrator, has been named dean of the university’s College of Business, pending approval by the U. of I. Board of Trustees at its May 21 meeting in Chicago.

DeBrock has served as interim dean of the nationally ranked business school since 2008, when former dean Avijit Ghosh was named vice president for technology and economic development.

Chancellor Richard Herman was quoted about Dean DeBrock:

“In his role as interim dean he has shown an ability to provide vision and get people to follow him. He is an individual of considerable accomplishment and speaks passionately about the college – its faculty, staff and students and has great support from them. We are delighted to send his name to our board.”

DeBrock's appointment would be the ninth dean in 95 years for the college, which is also rated in the Top Twenty in terms of scholarly output and impact. The College is also rated in the top 15 in undergraduate programs and in the top 40 of graduate school programs.

DeBrock says his three decades at the U. of I. will be an advantage in building on recent successes such as faculty hiring, building programs, expanding student facilities and improving external relations.

Larry is a dedicated educator as well as an excellent scholar. He uses BEL over the campus network frequently. BEL salutes Dean DeBrock for this distinguished position as he has a great love for the University, has the trust of his colleagues, and the students feel they can come to him for advice. He's also one of the Chicago Cubs' enthusiastic fans.

Posted by Becky at 11:37 AM

August 22, 2008

BEL Salutes the College of Business

US News & World Report just released its 2008 rankings of undergraduate programs. Illinois' College of Business was ranked in the top 10 in the following areas:

Accounting
Finance
Insurance
Real Estate

Hats off to the College of Business!

Posted by Becky at 12:55 PM

May 14, 2007

HBS Business Historian Al Chandler Passes Away

From HBS Working Knowledge:

Alfred D. Chandler, Jr., the renowned Pulitzer Prize-winning Harvard Business School historian who founded the field of business history, died on Wednesday, May 9, at Youville Hospital in Cambridge, Mass., at the age of 88. In his long and legendary career, he chronicled and analyzed big businesses around the globe in a prolific and extraordinarily influential corpus of books and articles. At the time of his death, he was the School’s Isidor Straus Professor of Business History, Emeritus.

alchandler.jpg

Photo credit: Stuart Cahill, courtesy of HBS

He concluded that successful industrial corporations intelligently harnessed and exploited these forces and made the transition from entrepreneurial enterprises to multidivisional, vertically integrated companies. In essence, the creation and development of modern managerial capitalism was the driver of American business success. “What counts are people – their skills, knowledge and experience,” he said.

Read the rest here

On a personal note, once I had the privilege of assisting Professor Chandler to do some research once on electronic industry companies when I worked at Baker Library in the 1990's.

In using Business Periodicals Index, F & S Index, and ABI/Inform, we found that the US led the way in electronics manufacturing. As he suggested though, the Dutch and other companies in Japan and Korea as well as others across the globe overtook the US in the 1960's and they were sold to those multinational companies, such as Phillips. It was very interesting indeed. It led to this work: Inventing the Electronic Century: The Epic Story of the Consumer Electronics and Computer Industry,

which focused on the fall of the Radio Corporation of America (RCA) and the rise of Sony and Matsushita, as Japan conquered the worldwide consumer electronics market.

We shall miss him in the academic business world.

Posted by Becky at 11:25 AM

August 29, 2006

Saving Graces: Tulane's Freeman School After Katrina

From Business Week:

The B-School Of Hard Knocks
One year after Hurricane Katrina, Tulane's Freeman School is back in business

At Tulane University's commencement in May, Angelo DeNisi looked around at the thousands of graduates, at former Presidents Bush and Clinton, at the other deans and faculty members, and thought: "My God, we made it."

Read the rest here.

Hat-tip to Freeman School Librarian, Bill Strickland. Best wishes to him and the school.

Posted by Becky at 10:08 AM

May 15, 2006

New Path: Setting New Professional Directions --for Women

From HBS Workingknowledge:

The swift current of modern business presents a challenge for any woman deciding to temporarily step out of the corporate rapids to tend to family or other concerns. While they are away competitors come and go, technology constantly changes the nature of how business is done, and even the way we dress for success evolves over time.

Harvard Business School professor Myra Hart, an expert in high potential entrepreneurship, has offered several programs over the years to help HBS alumnae quickly regain the skills they need to re-enter the work force. This spring she brought together faculty and staff to create New Path: Setting New Professional Directions. In this interview, Hart explains the program and her hopes that future sessions can be expanded.

Click here to read the rest.

FYI, Myra Hart was one of the founders of Staples, before going back to get her Ph.D at HBS.

Posted by Becky at 3:32 PM

May 12, 2006

UIUC College of Business Makes SSRN's Top B-School Research Rankings

From SSRN:

Social Science Research Network is pleased to announce a new service: Top Business Schools Rankings based on downloads from SSRN's eLibrary. This list will be updated at the beginning of each month and joins the Top Law School Rankings, announced last year.

The Top Business School Rankings includes U.S. Business School and International Business School Rankings along with an aggregate Ranking of over 800 Business Schools from around the world.

LINK to Rankings

UIUC is number 20!


Posted by Becky at 3:31 PM

May 1, 2006

Business Week's First Undergrad Rankings

"To identify the best undergraduate business programs, BusinessWeek used five unique measures, including a survey of more than 100,000 business majors at top schools and a poll of undergraduate recruiters. To better understand career outcomes, we also looked at starting salaries for graduates and how many each school sent to top MBA programs. Finally, an academic-quality score--a combination of five measures including SAT scores and faculty-student ratios--identified schools with the smartest, hardest-working, and best-served students.

The ranking is based on the "index number," which represents the sum of all five measures. They also calculated letter grades on teaching quality, facilities and services, and job placement based on the student survey. The top 20% in each category among all 61 top programs that we ranked earned A+s. The next 25% got As, the next 35% got Bs, and the bottom 20% got Cs.

School names are linked to individual program profiles for more in-depth coverage. "

LINK

UIUC got an A for placement, 22 overall. Accounting program was lauded.


Here's the Link to the Students' report card of the b-schools.

Posted by Becky at 11:36 AM

April 11, 2006

Columbia B-School's Ideas at Work Newsletter

Jill Parhcuck, Director of the Watson Library at Columbia, tipped many of us about Columbia's newsletter, Ideas@Work.

LINK

Included are Watson Library research guides with each issue.

Posted by Becky at 10:54 AM

February 16, 2006

Business schools consider wide range of students

From the Daily Tar Heel, UNC-Chapel Hill:

A multiyear, nationwide decline in application numbers to full-time MBA programs has prompted several business schools to consider offering more flexible options to attract prospective students.

The Kenan-Flagler Business School is no exception. Officials saw 25 percent fewer applicants to the Master's of Business Administration program in 2004 than in the previous year and a 12 percent drop in 2005, said Sherry Wallace, director of MBA admissions at the school.

"Part of what's happening is that there are so many alternatives to doing a full-time day program where you give up your job," she said.

But she said the decline is mostly the result of economic and demographic issues.

The segment of the population that is of "MBA-age" is not as large as in previous years, Wallace said.

In addition, the economic uncertainty of the past four years has thrown off the previously accepted theory that a bad economy causes more people to go to school, she said.

"Now people are almost kind of like 'let's wait and see.'"


Read the rest here.

It's an important question.

Posted by Becky at 4:50 AM

February 3, 2006

New Research Center: CORE

The Rotman School at the University of Toronto has started a new research center called CORE, which stands for Center for Outsourcing Research & Education. CORE states as its mission:

The mission of the Centre for Outsourcing Research and Education (CORE) is to further the understanding and effective application of outsourcing.

CORE’s vision is to become the definitive source of education and information about outsourcing. Executive Education, Research, Benchmarking, Conferences, and Directory — One Reliable Source of Education and Information

.

They have many sponsors and members, including Cisco Systems, PWC, and Hydro One.

CORE just released a summary of initial research, consisting of two case studies related to the issues of outsourcing.

Click here for the summary.

This is very interesting in light of Del Monte announcing today that they will cease their pineapple growing operations in Hawaii as they say they can do it cheaper elsewhere.

Posted by Becky at 12:28 PM

December 8, 2005

BEL Salutes: Rajshree Agarwal, Strategy

UIUC Associate Professor Rajshree Agarwal was one of 4 co-authors of an article "Knowledge Transfer through Inheritance: Spinout Generation, Development, and Survival" which was recently given the Best Article Award for 2004 by the Academy of Management Journal.

Congratulations, Professor Agarwal!

To see the other AOM winners for earlier years, click here.

Posted by Becky at 1:47 PM

September 28, 2005

B-School News:MBA rating list drops Harvard, Penn

From the Boston Globe:

By Robert Weisman, Globe Staff | September 30, 2005

A popular book that independently ranks MBA programs will be dropping Harvard Business School and the University of Pennsylvania's Wharton School from its rankings for the first time because the two elite institutions have stopped supplying data and contact information for students and alumni.

The decision by the Economist Intelligence Unit not to rank Harvard or Wharton in its Which MBA? book, scheduled for release October 12, exposes growing friction between business educators and the half dozen American and British publications that publish rankings of master's in business administration programs.

LINK to rest of article

Thanks to Arlyne Jackson, Director of the Pardee Library, Boston University for alerting us to this article.

Posted by Becky at 10:53 AM

Radio Tuck

Radio Tuck is a production of the Center for Digital Strategies
at the Tuck School of Business. It contains interviews about the use of technology to foster innovation within industries or companies. The interviews are formatted as MP3's, video streamed, or in some instances, text transcripts.

Click here to go to Radio Tuck.

Posted by Becky at 9:49 AM

September 27, 2005

B-School News: Economist Ranking of Top 100 B-Schools

The Economist released its ranked international list of the Top 100 Schools.

Economist Top 100 B-Schools List

UIUC was number 44.

Thanks to Bob Hebert, Wake Forest Babcock School of Management Librarian for supplying the list.

Posted by Becky at 1:29 PM

September 21, 2005

B-School News: Wall Street Journal Rankings 2005

Wall Street Journal just released its annual rankings this week.

WSJ Rankings

UIUC was ranked 5th in Accounting, but 42nd overall.

Thanks again to Bob Hebert at Wake Forest for scanning these and making them viewable for all of us.

Posted by Becky at 8:18 AM

August 27, 2005

B-school News: Students Flock to Real Estate

From the Boston Globe:

Commercial land seen as ripe field
By Robert Weisman, Globe Staff | August 27, 2005

Many of the nation's elite business schools say courses in commercial real estate -- a field that has generated little passion in the past -- are oversubscribed.
Students are flocking to take real estate development, management, and investment classes.

Business school real estate clubs, where students gather to study and swap job-hunting tips, are popping up and drawing crowds in the Boston area and beyond. As the technology sector matures and financial markets fetch smaller returns, real estate has become an appealing career path.

''It's a big industry, and it's an exciting industry," said Tim Walsh, 31, a student at Dartmouth College's Tuck School of Business. ''People throughout the school know that it's a hot industry."

LINK to rest of article

Posted by Becky at 8:39 AM

August 22, 2005

B-School News: New Working Paper about B-Schools

DeAngelo, Harry, DeAngelo, Linda and Zimmerman, Jerold L., "What's Really Wrong With U.S. Business Schools?" Social Science Research Network (July 2005). http://ssrn.com/abstract=766404

Abstract

U.S. business schools are locked in a dysfunctional competition for media rankings that diverts resources from long-term knowledge creation, which earned them global pre-eminence, into short-term strategies aimed at improving their rankings. MBA curricula are distorted by "quick fix, look good" packaging changes designed to influence rankings criteria, at the expense of giving students a rigorous, conceptual framework that will serve them well over their entire careers. Research, undergraduate education, and Ph.D. programs suffer as faculty time is diverted to almost continuous MBA curriculum changes, strategic planning exercises, and public relations efforts. Unless they wake up to the dangers of dysfunctional rankings competition, U.S. business schools are destined to lose their dominant global position and become a classic case study of how myopic decision-making begets institutional mediocrity.

The paper was written partly in response to the Bennis and O'Toole's article May, 2005 Harvard Business Review article "How Business Schools Lost Their Way."

Thanks again to ABLD member Bob Hebert for alerting BEL to this working paper and HBR article.

Posted by Becky at 11:19 AM

August 14, 2005

B-School News: Developer Peter Fox Endows UIUC B-School Professorship

From the News-Gazette:

Published August 5, 2005
Developer, wife giving $2 million for professorships

URBANA – Champaign developer Peter Fox and his wife Kim are giving $2 million to the University of Illinois to help recruit top professors and promote business growth in Champaign-Urbana.

The $2 million will fund four professorships at $500,000 each, with priority given to faculty who are involved in private business and in the development and transfer of UI technologies to the private sector.

"I felt that it might attract people that could further enhance some of the (economic development) efforts the university already had under way," Fox said.

"This seemed like a good time to do this," he added. "We'd been very impressed with (Chancellor) Richard Herman and the new president. It seemed like the people were in place to make sure the gift had some long-term meaning."

The professorships will be in the Department of Electrical and Computer Engineering, the Department of Chemical and Biomolecular Engineering, the College of Business, and in one other department to be determined by the chancellor.

Endowed professorships or chairs are a way to recruit the best faculty, said Herman, who wants to increase the number of such endowments from about 230 now to 500 in the next five to seven years. Herman said the professorships will create "an even closer link between the research of this campus and society."

LINK to rest of article

Posted by Becky at 6:40 PM

August 10, 2005

General B-School News: M.B.A. Students Bypassing Wall Street for a Summer in India

From the New York Times:

BANGALORE, India, Aug. 9 - This summer, Omar Maldonado and Erik Simonsen, both students at the Leonard N. Stern School of Business at New York University, did something different.

Bypassing internship opportunities on Wall Street, just a subway ride away from their Greenwich Village campus, they went to India to spend the summer at an outsourcing company in Gurgaon, a suburb of New Delhi.

"The India opportunity grabbed me," said Mr. Maldonado, a Boston native whose family is from the Dominican Republic. "I wanted to get a global feel for investment banking and not just a Wall Street perspective."

Read the rest of the article here.

RAS

Posted by Becky at 12:02 PM

June 30, 2005

Indian may be appointed dean at Havard B-School

From the Times of India:
CHIDANAND RAJGHATTA
TIMES NEWS NETWORK[ THURSDAY, JUNE 30, 2005 09:20:14 PM ]


WASHINGTON: Yet another top American business school may soon have an Indian at the helm.

Word in the B-school circuit is that Srikant M Datar, currently professor of accounting at Harvard Business School, heads the hot list of candidates tipped to succeed Kim Clark as the Dean of the venerable institution.

If Datar makes the grade, he will be the second Dean of Indian origin among the nation's top 3 B-schools. Dipak Jain became Dean of Kellogg School of Business in May 2001.

To my recollection, there are at least three or four other Deans of Indian-origin in American B-schools.

Earlier this year, Mahendra Gupta was appointed Dean of the Olin School of Business at Washington University in St Louis.

Read the rest here.

The journalist named a few others, but didn't think of our own B-School dean, Avijit Ghosh. Perhaps someone should write the writer!

Posted by Becky at 4:05 PM

June 24, 2005

Georgetown: Taking A Global View

From this week's Business Week:

New career management director, Anne Jones, Strives to project a "clear, identifiable brand"

GEORGETOWN INSIDER CONTENT
Admissions Q&A
Admission Interview Tips
School Tour

GEORGETOWN PROFILES
Full-time '04 | '03 | '02 | '01 | '00 | '99 | '98
EMBA '03 | '01

GEORGETOWN INFO
Admissions Q&A '02 | '00 | '97
Placement Q&A '05 | '05
Financial Aid Q&A '01 |
Search for articles about Georgetown

GEORGETOWN RANKINGS
Full-time MBA rank:
2004: 25 1994: --
2002: 30 1992: --
2000: 26 1990: --
1998: Second tier 1988: --
1996: Second tier
BW ranking history

EMBA rank:
2003: 11 1997: --
2001: 9 1993: --
1999: --

Anne Jones is the director of career management for the MBA program at the Robert Emmett McDonough School of Business at Georgetown University in Washington, D.C. Jones joined the school a month ago after more than six years at financial-services giant Citigroup (C ), where she worked in marketing and recruiting. In 1998, she earned an MBA from Britain's Cranfield University School of Management.

The McDonough School has gone through a lot of changes lately. Four weeks into Jones's tenure, it announced the appointment of a new dean, George G. Daly, a professor of business administration at New York University's Leonard N. Stern School of Business. In 2004, after a few rocky years with lots of turnover, the program's career services office redeemed itself. About 75% of McDonough students seeking a job had an offer by graduation.

Read the rest here.

Posted by Becky at 2:47 PM

June 22, 2005

Business School News

This section deals with news primarily with the College of Business at UIUC, but will also post noteworthy articles or information about the leading b-schools in the US.

Harvard Business School's Dean Kim B. Clark to Become President of BYU-Idaho

BOSTON, June 6—Harvard Business School Dean Kim B. Clark announced today that he will step down on July 31, 2005, in order to accept the role as President of Brigham Young University-Idaho shortly thereafter. Clark was named Dean of HBS in 1995; he is the eighth Dean in the School’s ninety-seven-year history.

“I have been fortunate to lead the finest business school in the world during a remarkable period of renewal and growth,” said Clark. “As I move on to a new phase of my life, I look back on my tenure at HBS as an extraordinarily rewarding experience, both personally and professionally. This is a unique and very special place that is totally dedicated to its mission of educating leaders who make a difference in the world, and I am proud to have been part of this School for nearly three decades.”

Posted by Becky at 2:50 PM