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News
: Dean's Log : 2000 - 2001
Welcome
to the Dean's Log for 2000-2001. By clicking on the date or day
below, you can link to the issue for that particular date. The Dean's
Log is a periodic first-person account from the Dean of Santa Clara
University's Leavey School of Business about the achievements, events,
programs, faculty, students, and alumni, especially written for
the alumni and friends of the premier business program for Silicon
Valley.
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Day 1200 : October 14, 2000
FLASH:
Our undergraduate business program recent inaugural ranking among
the Top 3 in California and Top 60 in America by U.S. News and World
Report. The MBA program continues its Top 20 in the nation ranking
– five years in a row and Top 3 programs in California for working
professionals. The distinctive character of Santa Clara’s “premier
business programs for Silicon Valley” is gaining recognition.
Educating
for Leadership: We launched several new curriculum initiatives
for first-year business majors—one of them is Contemporary American
Business (BUSN 70), taken in the first quarter and taught by Silicon
Valley executives: alumni Bob Finocchio (retired CEO and
chair of Informix) and Mike Hope (retired managing partner,
Andersen Consulting), are joined by Steve Wade (retired CFO
of Aptix Corporation) and Richard Williams (retired vice
president of Ultratech Stepper) to inspire students with both the
foundation and nobility of the business enterprise. “This is an
awesome course. It’s great to learn from someone with first-hand
experience—really makes this information come alive,” is how one
student described his reactions.
Santa
Clara Leadership Lectures: Every month we sponsor an up-close
and personal conversation with a Silicon Valley Executive. Says
one MBA student of last year’s series: “They were outstanding. I
learned so much…they enabled me to apply for a leadership position
that I would otherwise not have been qualified for.” This year’s
schedule of speakers includes: Dan Warmenhoven (CEO, Network
Appliance), Ken Coleman (Senior Vice President Silicon Graphics
Computer Systems), Fred Hoar (Chairman, Shandwick International),
William Rolandts (CFO, Xilinix), Ken Wilcox (President, Silicon
Valley Bank), Ruth Grouell (Vice President, Hello Direct),
Amal Johnson (General Partner, Weiss, Peck and Greer Venture
Partners), Bob Todd (General Partner, Red Rock Ventures)
and Pat Guerra (CEO, SpinCircuit). The conversations continue
over dinner with an invited small group of students and the speaker.
Leadership
Competency: An added-value for SCU graduates. It begins with
the new required Foundations of Leadership seminar for all first-year
students. Leadership perspectives are provided through guest presentations
by me, University President Paul Locatelli, and a panel of distinguished
executives. A look at multicultural issues and diversity for today’s
workplace is included as part of the program, as is a web-based,
self-directed learning module. These efforts are led by our new
Assistant Dean for Leadership Development and Service Learning,
Jo-Anne Shibles.
Dean’s
Executive Professors: Represents a new base of faculty competencies
as the School adds a distinguished cadre of executives to work directly
with our students and programs. Chris Paisley, 3COM’s (retired)
CFO, Mike Hope, Andersen Consulting’s Senior Partner (retired),
and P3M founder and President, Roger Sanford, came on board
this year. They’ll work directly with our Center for Innovation
and Entrepreneurship and the new E*Commerce Learning Center, as
well as teaching courses in accounting, accounting information systems,
and Contemporary American Business. It’s great to be able to tap
into the experiences of Silicon Valley executives and for them to
be able to give back to the community and School in this way.
Teaching
Scholars: Joining the faculty this Fall in Finance are Sanjiv
Das (PhD, NYU), previously at Harvard, and Tom Urich (PhD,
NYU), previously at Fordham. Ashilan Celik (PhD, Arizona
State) joins us in MIS along with Chris Miller (PhD, University
of Oregon) in Marketing who previously taught at Rice and Thunderbird,
and Jim Rebele (PhD, Indiana University) as a Visiting Associate
Professor from Lehigh University. They are an exciting, high energy
and innovative group, and in this fiercely competitive marketplace,
we did very well!
Incoming
Students are the Best: Statistics on this year: 267 entering
freshmen to the Business School; 3.58 GPA and 12xx SAT is the average.
Some 54% are women and 53% from outside of California. Fall MBA
students have an average 3.27 GPA and 635 GMAT average. Twenty percent
of these 247 students already have a graduate degree and 39% are
women. The 3rd Executive MBA cohort began in August just at the
same time the EMBA1 marked their graduation with a black-tie dinner
celebration. Our undergraduate honors program (ACE) proved so popular
that we weren’t able to accommodate every qualified student. We’re
working to build this capacity by expanding our program offerings.
2000
– 2001 Dean’s Agenda: Priority one is staffing,
with more than 10 new faculty positions being recruited for to meet
our innovative curriculum and new program possibilities. Priority
two is making the case for a new business school building
which will enable us to meet our aspiration of being Silicon Valley’s
high technology learning center where all students will have laptop
computers, be internet-connected, working collaboratively in project
team rooms, and functioning in a 24/7 learning environment (we’ll
have more to report about the building as the year progresses).
150
Anniversary Celebration: That’s right….The oldest institution
of higher education in the state turns 150 this year (actually-March),
and the theme is “Educating for Life and Leadership.” A number of
world-class speakers and programs are scheduled for this year with
the Business School providing leadership for several programs: Dennis
Moberg has put together the Markkula Center for Applied Ethics
program on “Moral Lives in a Moral Community;” Jim Koch,
with the Science, Technology and Society Center presents “Technology
and Us: A Vision for the Future;” and our new Spirituality and Organizational
Leadership Program under the leadership of Andre Delbecq,
will host and produce “Bridging the Gap: Spirituality and Business.”
This winter quarter we’ll host the Jesuit Business School Deans
Association, and as their President, I’ve put together an informative
program that looks at “putting values into action.
I
am encouraged by our achievements as well as challenged. This should
be another year of continued growth, vibrancy, intellectual curiosity,
experimentation and fun. Hope you enjoy a great year yourselves.
Please feel free to send me your comments, thought and questions
at deanslog@scu.edu.
All
the best,
Barry
Z. Posner
Dean
Day 1253 : December 4, 2000
We've
claimed to be: "The premier business programs for Silicon Valley"......
and a recent empirical study of business schools and our own executive
summary of the Faculty Activity Reports from this past year provide
more evidence to bolster this position. Consider, that today, among
more than 1,000 undergraduate business programs in the nation, Santa
Clara's stands out among the top 10 percent and number three in
California. Among more than 700 accredited MBA programs, our
program for working professionals is recognized among the top 20
nationwide (for five years in a row!).
Now
comes along the first-ever ranking of cross-disciplinary business
research productivity. It's a new study of the reputation of business
schools based upon the scholarship produced by their faculty as
recognized by their peers, as measured by publication in the top
academic journals. And Santa Clara's Leavey School of Business again
ranks among the best. As reported in the Academy of Management
Journal (December 2000 issue), the Leavey School's faculty
is ranked 72nd in the nation, based on quantity of research
publishes in top-tier academic journals form 1986 to 1998. The study,
"Serving Multiple Constituencies in the Business School: MBA Program
versus Research Performance," employs a novel criterion to rank
the country's business schools, which have traditionally been ranked
on the pages of U.S. News & World Report and Business
Week based on their comparative merit in teaching and job placement.
Until now, there was no ranking based on published scholarship.
To achieve the rankings, the study assessed each school's research
published in 20 top-tier academic journals representing eight disciplines:
accounting, finance, insurance/international business/real estate,
management science, management, management information systems,
marketing, and production/operations management. The researchers
adjusted the assessments to take into account the relative size
of each journal and number of faculty engaged in each discipline.
Among the top 100 business schools, there were only three universities
without a doctoral program. Santa Clara was one of them; Notre Dame
and Rochester were the other two.
Such
a level of involvement truly enhances our students' experience and
brings richness to the greater academic community. During this past
academic year (September 1999 through August 2000), the faculty
of the Leavey School of Business had 80 articles published (up
from 70 the previous year), a significant output by a 59-member
faculty. Twenty faculty members had more than one article published.
Seventy-three percent of the faculty had an article published
or accepted for publication this past academic year. Add to
this impressive total, another 105 presentations made by our faculty
to various professional and academic conferences, involving nearly
two-thirds of the faculty. More than one out of every two faculty
members at the Leavey School of Business holds an editorial position
on a major academic publication (e.g., editor, associate editor,
section editor, or editorial review board member). Thirty-four academic
journals have our faculty represented on their editorial boards.
Eight faculty colleagues serve on the Boards of Directors of a publicly-traded
company and 17 serve on a not-for-profit, community, or professional
association Board. Twelve sit on the Advisory Boards of start-up
or emerging companies. All together, nearly half of the faculty
(46%) serve as a member of the Board for a public organization or
private sector enterprise.
And
in the midst of this torrent of scholarship and service, this faculty
is consistently evaluated by students as some of the most involved
and accessible teachers they have experienced. A recent survey
of MBA students found more than 96% in agreement that their SCU
education enables them to make a difference in society; 98% agreed
that their SCU MBA education will enable them to be more successful
in their jobs; and over 94% felt their professors compared favorably
with other instructors they had in the past. Still more evidence
that the teacher-scholar model is alive and well at Santa Clara's
School of Business.
Barry
Day 1300 : January 20, 2001
Dear
Friends:
Santa
Clara's Leavey School of Business offers "The premier business programs
for Silicon Valley" and a recent empirical study of business schools
supports this position. Consider, that today, among more than 1,000
undergraduate business programs in the nation, Santa Clara's stands
out among the top seven percent and number three in California.
Among more than 700 accredited MBA programs, our program for working
professionals is recognized among the top 20 nationwide (for five
years in a row!).
Now
comes along the first-ever ranking of cross-disciplinary business
research productivity. It's a new study of the reputation of business
schools based upon the scholarship produced by their faculty as
recognized by their peers, as measured by publication in the top
academic journals. And Santa Clara again ranks among the best.
As
reported in the December issue of the Academy of Management Journal,
the Leavey School's faculty is ranked 72nd in the nation, based
on quantity of research publishes in top-tier academic journals
form 1986 to 1998. The study, "Serving Multiple Constituencies in
the Business School: MBA Program versus Research Performance," measures
published scholarship across multiple disciplines to rank the country's
business schools, which have traditionally been ranked on the pages
of U.S. News & World Report and Business Week based
on their comparative merit in teaching and job placement. Such a
level of involvement truly enhances our students' experience and
brings richness to the greater academic community.
During
this past academic year our faculty had 80 articles published (up
from 70 the previous year), a significant output by a 59-member
faculty, and received a number of awards. For example, the journal
IEE Transactions named Naren Agrawal's (OMIS) article: “Best
Paper of the Year,” while Dan Klein (Economics) received
the “Smith Center Prize” from an international economics group for
the best article in Austrian economics; and Hoje Jo and Bob
Hendershott (Finance) were awarded the “Best Paper Award” at
an international conference in Australia. Add to this impressive
total the fact that two-thirds of our faculty made more than 100
presentations to various professional and academic conferences around
the globe.
And
in the midst of this torrent of scholarship, our faculty is consistently
evaluated by students as some of the most involved and accessible
teachers they have experienced. A recent survey of MBA students
found more than 96% agreeing that their SCU education enables them
to make a difference in society; 98% agreed that their SCU MBA education
enables them to be more successful in their jobs; and over 94% report
that their professors compare favorably with other instructors they
had in the past. Still more evidence that the teaching scholar model
is alive and well at Santa Clara's School of Business.
ALUMNI
WRITE What are some of our recent graduates saying? Many really
liked the recent Annual Report, as evidenced by this comment: "Congratulations
on this major milestone! It definitely gives me tremendous pride
to hear about and see the great progress you are making in helping
make SCU's Leavey School of Business a premier business school not
just in the valley, but in the world!" One of the first graduates
from our new Executive MBA Program explained: "....even had my company
not paid for the program, I would have paid all of it -- to me it's
a worthwhile investment!"
An
undergraduate wrote: "Now that I have graduated and been working
for a few months, I look back on my four years at SCU and see all
the great things that happened....I think what I learned has served
me well so far, and I expect the lessons to continue to be beneficial...
I trust that the School of Business will continue to educate the
Valley's future business leaders."
FACULTY
FELLOWS Congratulations are in order to those faculty members
who were recently honored through the School's new Faculty Fellowship
Initiative, established with the help of our MBA alumni. Tammy
Madsen (Management), Susan Parker (Accounting), Sanjiv
Das (Finance), Michael Kevane (Economics), and Andy
Tsay (OMIS) received the Dean Witter Foundation Fellowships,
given to promising (untenured) teaching scholars. Breetwor
Fellowships, created through the generosity of MBA alumni
Cheryl Breetwor (whose company, ShareData, was acquired by
E*Trade) were awarded to tenured faculty members who demonstrate
both good teaching and good scholarship, and who also contribute
great leadership and service to the School: Atulya Sarin
(Finance), Shelby McIntyre (Marketing), Greg Baker
(FAI), Manoochehr Ghiassi (OMIS), Tyzoon Tyebjee (Marketing),
Helen Popper (Economics), Rhonda Righter (OMIS), Bill
Sundstrom (Economics), Ed McQuarrie (Marketing), and
Naren Agrawal (OMIS). Another new fellowship, funded through
the generosity and foresight of alumni Amber and Larry Henninger
will support our growing efforts in the area of entrepreneurship.
KENNA
WITHOUT WIRES Currently we’re collaborating with a local company,
co-founded by one of our MBA alumni, to test out a new wireless
technology inside of Kenna Hall. We’ll also be offering an undergraduate
accounting course via the internet this Winter Quarter. Both of
these initiatives are part of a planned series of technology experiments
going on in the School. We’ll use these, and others, to understand
more about how learning is affected by technology and how the new
business school building should be designed and outfitted for technology-mediated
education.
FUNDING
FOR THE NEW BUILDING And speaking of the new business school
building, we’re poised to announce shortly a major leadership gift.
Meanwhile, to get us started, I’ve made the commitment to donate
my entire salary this year to the fund raising efforts for the new
building. It’s amazing how many people have offered to take me out
to lunch! We should have lots more to tell you about the new building
within the next 100 days! Hope you and yours are off to a great
start on this new millennium!
Barry
Day 1,327 : February 16, 2001
Just
a quick note about some great things happening around the Leavey
School of Business:
KUDOS!
Hersh Shefrin (Finance) is featured as one of the "top stars"
among academics in this month's cover feature in CFO Magazine.
Sanjav Das (Finance) wins a best article award from the Journal
of Banking and Finance. Another best article award is given
to Shelby McIntyre and Chris Miller (Marketing) from
the Journal of Retailing. These two were runner-ups for the
award in 1993, and Shelby also won this award in 1990 (along with
his two SCU colleagues Dale Achabal and Steve Smith). This is the
oldest marketing journal around and Santa Clara faculty have published
more articles in it than just about any other university in the
world.
Young
Entrepreneurs was the theme for our 4th Annual Undergraduate
Convocation, with over 200 students participating. One session featured
"young" entrepreneurs sharing their personal experiences and lessons
learned, including '98 alum Mike Meinhardt (co-founder, Venture
Standard), '98 MBA alum Lori Leahy (co-founder and CFO, ConceptLabs),
and Peter Theil (founder and CEO, PayPal). The other session,
addressing issues of getting started (and getting funded) featured
alums Thad Whalen (partner, Aspen Ventures), Joe Maglione
(managing partner, Deloitte Touche) and John Kelly (garage.com).
The question-and-answer sessions were moderated by sophomores Daniel
Pinna and Jason Mok, who are the co-founders of the new
undergraduate Entrepreneur's Club (which has over 250 members).
Wanted:
Qualified Directors for Advisory Boards and Boards of Directors!
While nearly one-third of our faculty already hold positions on
the boards of privately-held and publicly-traded companies (along
with another dozen not-for-profit organizations) we launched a new
Faculty Directors Program aimed at enriching and enhancing the expertise
and experiences of our faculty. The first session was led by George
Sollman (a Leavey School Advisory Board member and former CEO
of several start-up companies, with service on a half-dozen advisory
and corporate boards) and Al Bruno (Marketing, Center for
Innovation and Entrepreneurship Director, and experienced board
member) and featured several faculty panels discussing their experiences
on boards: Dale Achabal (Marketing), Tyzoon Tyebjee
(Marketing), and Mike Hope (Dean's Executive Professor).
The upcoming session features Craig London, VP and General
Manager for Scientific Safeguards (a CIE Corporate Sponsor), and
is scheduled for Tuesday, March 6 (10:00 a.m.).
You
Can't Appreciate Our Staff Enough! This was my message today
when we hosted an appreciation luncheon at Pedro's for all of the
School's staff members. Not only did I thank them for all they do
to make Santa Clara and the School of Business a caring and responsive
place for our students (and faculty) but I took this opportunity
to outline where the School was headed into the future and the central
part they played in our success. We were serenaded by's Barbershop
Quartet and gifts, commemorating the University's 150th anniversary,
were presented to each and everyone.
Dates
to Remember:
- At
Our Best: Moral Lives in a Moral Community...Feb 22-24
- TGIW
hosted by the Economics Department....March 1
- SC
Leadership Lecture with Ken Wilcox (CEO, Silicon Valley Bank)....March
6
- Jesuit
Business Dean's Conference....March 7-9
- Bridging
the Gap: Spirituality in Business....March 9-11
- Town
Hall Meeting....March 13
Hope
all is well,
Barry
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