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Mendoza News
Jeffrey A. Bernel has been appointed as the new director of the Gigot Center for Entrepreneurial Studies, starting January 1, 2012. A 1994 graduate of the Notre Dame Executive MBA program, Bernel has a long history with the Mendoza College, having contributed to the establishment of the Gigot Center and the IrishAngels network. He emphasizes a mantra of "Start small, think big, and dream bigger" as the guiding principle for the Center's future.
Mendoza
Finance Professor Jeff Bergstrand is quoted in this CNN article on how the eurozone downgrades will impact interest rates.
Insights from industry leaders emphasize the importance of innovation and strategic investment in today's economy. Daniel F. Akerson highlights the necessity for companies to invest in research and development to remain competitive, while Al DeCrane stresses that sustainable job creation relies on a solid economy with reasonable regulations and stable taxes. Entrepreneurs like Gary Gigot point out that workers may need to rethink their career paths and consider creating new businesses. Richard J. Golden advocates for direct investments in green solutions as a way to generate jobs, showcasing success stories from sustainable ventures. Meanwhile, Andreas Widmer proposes using bailout funds to support displaced workers in
First Person
Religious faith offers comfort and peace, as many seek solace in spiritual practices during times of struggle. However, it also challenges individuals to confront their complacency and question their beliefs. This reflection balances the need for inner peace with the call to engage in deeper, sometimes uncomfortable self-examination.
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.