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First Person
Faithfulness to the Notre Dame mission remains central as the Mendoza College prepares for a new chapter with a new dean. Reflections on blessings received highlight the importance of integrating faith with reason and virtue with success in business education. Despite challenges, including resource constraints and obstacles like the introduction of the Executive MBA program post-September 11, the College has thrived, driven by a commitment to cultivate goodness and the transformative power of community.
Mendoza News
Carolyn Y. Woo, the longtime Martin J. Gillen Dean of the Mendoza College, will step down to become CEO of Catholic Relief Services starting January 1, 2012. After leading the College since 1997 and shaping its commitment to ethics and social responsibility, Woo reflects on her difficult decision, acknowledging the strong bonds formed with colleagues and alumni. During her tenure, the Mendoza College achieved notable academic rankings and accolades, including recognition from the Notre Dame Alumni Association as an honorary alumna. Roger Huang will serve as interim dean while a search for Woo's successor is underway.
Mendoza News
A recent study finds that corporate executives with pilot licenses exhibit distinct management styles that can lead to higher profits for their companies. Researchers Matthew Cain and Stephen McKeon analyzed the behaviors of 179 CEO pilots and over 2,900 non-pilot CEOs, revealing that pilot-led firms tend to adopt more aggressive policies, such as increased leverage and a higher likelihood of acquisitions. Their findings suggest that the calculated risk-taking associated with flying may translate into more successful business decisions, benefiting shareholders.
Mendoza News
In a significant move to support women in business, the Notre Dame MBA program has joined the Forté Foundation, which aims to address the gender imbalance in top business schools. This partnership will provide valuable resources, including funding for Forté Fellows and various networking and professional development opportunities for female students and alumni. The initiative reflects Notre Dame's commitment to fostering an inclusive environment in business education.
In September, Mendoza College of Business alumni were invited to share their ideas on how to boost employment in America, resulting in a wealth of suggestions. The magazine staff curated this input to a focused list, which was then evaluated by three faculty members based on the potential effectiveness of each idea in reducing unemployment. The top 25 ideas, ranked for their viability, are showcased for consideration.
Alumni Community
Readers are invited to share their thoughts and engage in conversation through comments or direct communication with Mendoza Business magazine. Recent letters reflect a range of perspectives on important issues, from concerns about greed in business to critiques of the complexities surrounding significant legislation like Dodd-Frank. The dialogue emphasizes the need for clarity and accountability in both business practices and lawmaking, while also celebrating personal connections fostered through shared experiences in academia.
Many retiring CEOs face unforeseen challenges in adjusting to life after a demanding career. Sam Duncan, former CEO of OfficeMax, shares his struggle with feelings of emptiness and depression despite having achieved financial independence and pursuing a long-desired retirement. Research indicates that nearly a third of retirees experience emotional difficulties, highlighting that leaving a high-powered role can lead to a deeper struggle than many anticipate. Coaches and executives reflect on the complex emotional transition that often accompanies retirement, revealing it's not simply about enjoying a luxurious lifestyle but finding a new sense of purpose.
Mendoza News
Notre Dame Executive Education is set to launch a redesigned Certificate in Executive Management program this March, aimed at enhancing leadership skills through a strategic understanding of company operations. The new format features four intensive sessions, allowing participants to choose individual modules, and introduces new topics such as sustainability and innovation alongside traditional MBA subjects. A capstone project will provide real-world experience through a virtual management team exercise, offering insights into strategic decision-making.
Mendoza News
The Notre Dame MBA program has moved up to No. 4 worldwide in the Aspen Institute's Beyond Grey Pinstripes 2011-2012 Global 100 ranking, which evaluates how well business schools equip students to handle environmental, social, and ethical challenges. This ranking is based on a thorough review of the school's curriculum and its emphasis on integrating these critical issues into both required courses and a wide selection of electives.
Paul Moya, former National FFA President, is dedicated to helping others conquer their fear of failure and chase their dreams. His journey from a small town to leading an organization of over 500,000 students has inspired numerous youth and business leaders, all drawn to his empowering techniques and messages about goal-setting and self-belief.