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Michael Soenen's journey exemplifies the lessons of resilience and learning from failure in entrepreneurship. After his first venture, Consolidated Commerce, struggled to gain traction with large corporations, Soenen founded ClearTrial, focusing instead on mid-market pharmaceutical companies. This strategic shift proved successful, leading ClearTrial to become a key player in clinical trial software before its sale to Oracle. The ongoing conversation around failure in business culture emphasizes the importance of understanding mistakes as pivotal learning opportunities, a sentiment echoed in recent literature on the subject.
Alumni Community
Share your thoughts! Letters from readers play an essential role in Notre Dame Business, and contributors for the next issue will have a chance to win a signed copy of "The Chapels of Notre Dame." Recent letters express gratitude for inspiring stories about relationships and experiences with notable figures, observations on the complexities of U.S. manufacturing, and the impact of experiential learning in nonprofit education. Readers are encouraged to submit their comments to continue the conversation.
Editor's Letter
Life presents challenges that can shake us to our core, but finding solace amidst despair is possible. Karen Hildebrandt's journey through her husband Larry's cancer diagnosis exemplifies the strength found in love, faith, and family. This issue of Notre Dame Business weaves in stories of resilience, including DeAnn Swinton's reflections on letting go as her son Matthew seeks independence, Caitlin Crommett's nonprofit to help hospice patients fulfill their final wishes, and insights from entrepreneurial alumni on learning from business failures. These narratives remind us of the human spirit's incredible ability to endure and thrive.
Alumni Community
Stay updated with the latest happenings in our community featuring a variety of engaging topics. From upcoming events to recent achievements and initiatives, there's plenty to catch up on this month. This mix of updates ensures you won't miss any important news or opportunities.
Mendoza
Management Professor Jim O’Rourke is quoted in this LA Times article about BP restoring its image after the oil-spill in April 2010.
Alumni Community
Tim Ponisciak has taken on the role of director of Graduate Alumni Relations at the Mendoza College, bringing a wealth of marketing experience to the position. With a history in advertising and fundraising for young alumni, he aims to enhance the connection between Mendoza graduates and the University through various events and online activities. Ponisciak invites alumni to share their ideas for strengthening this community bond.
Mendoza News
The Great Lakes Global Commons Gathering brought together a diverse group of scholars, water experts, and representatives from Native American communities to Notre Dame, fostering discussions about the future of the Great Lakes. With sessions addressing treaty rights and innovative management strategies, participants examined the concept of treating the Great Lakes as a commons, emphasizing the importance of collective stewardship. Leo Burke, who leads the Mendoza College Global Commons Initiative, noted the need for ethical considerations in how we manage shared resources.
Mendoza News
The inaugural Irish Impact Social Entrepreneurship Conference at Notre Dame gathered over 200 participants to discuss how business can address pressing social issues. Organized by the Gigot Center for Entrepreneurship and Fellow Irish Social Hub, the event featured sessions on topics like measuring impact and incubating social enterprise, along with a live investment pitch and the Irish Impact Awards, recognizing notable contributions in social entrepreneurship. Attendees, including speakers from prominent organizations, shared a vibrant atmosphere of networking and a commitment to making a meaningful difference in society.
Mendoza News
David B. Hartvigsen has been appointed the John W. Berry Sr. Chairman of the Management Department at Mendoza College, effective July 2012. A faculty member since 1993, Hartvigsen specializes in operations management and has a strong background in mathematics, holding a doctorate from Carnegie Mellon University. He emphasizes the growing role of empirical research and mathematical modeling in management, focusing on how various factors such as employee personality types and technology adoption impact company effectiveness.
A gorilla chasing a banana has become a cherished tradition in Carl Ackermann's Corporate Financial Management course at Notre Dame, designed to ease students' nerves during finals. Known for his innovative teaching methods and unwavering dedication to students, Ackermann has earned widespread admiration since joining the faculty in 1998, including a standing ovation at commencement and recognition in Bloomberg Businessweek. His commitment extends beyond the classroom, as he devotes countless hours to advising and community service throughout the year.