Alumni

Calling all leaders

Tuesday, May 4th, 2010

Guest blog post by Don Nielsen (BA 1960)

Neilsen-headshotNormally, I am a very optimistic person, but I am concerned with what I see taking place or, perhaps not taking place, in all facets of our government. Federal government programs are not working as predicted, and many of them have failed. Looking at the list of bankrupt programs—Social Security, Medicare/Medicaid, the Post Office, Amtrak—is depressing. Most of our states are in serious debt—California could declare bankruptcy in the not too distant future—and finances at the city level are no better. Debt is piling up in all sectors.

One striking statistic, which I think contributes to these failures, is the fact that many of our top-level national and local government officials have never worked in the private sector. Today, we have developed an entirely different occupation—career elected official—that is the norm for those in most of our elected offices.

However, our founders never anticipated that serving in an elected position would be a career choice. It was intended to be a public service. It was something you did to make your contribution to the society in which you lived.

How many times have you heard someone compare the voting process to deciding between the lesser of two evils? Would this be acceptable if you were recruiting a new CEO to run your company? I think not—and it shouldn’t be acceptable for recruiting people to run our government.

This country needs leaders who understand our economic system. The Foster School has recently initiated a major effort in leadership development. Foster students, already considered A-list hires, are being asked to take academic rigor and real world relevance even further. While most of our graduates will go into business, I hope some will think about public service, if not at the outset, then later in their careers. And while many of our alumni are doing great things in the world of business, I hope they too will consider lending their expertise to righting the “ship of state.”

We need leaders who run for office as a public service and who run for office to preserve this wonderful republic that we all love. Leaders, not politicians, will make sure that happens. Please consider running for public office and serving a few years in a public service position as a part of your career plans. Give voters the chance to choose the best officials who can help make the tough decisions needed to solve this nation’s problems.

Don Nielsen is a member of the Foster School Advisory Board and chairman and CEO of Light Doctor, LLC.

This alumnus opinion post is not intended to represent the views of the Michael G. Foster School of Business.

Podcast: Social media as a leadership tool

Wednesday, February 3rd, 2010

This morning’s UW Foster School of Business breakfast lecture focused on the social media revolution. Richard Law, CEO of Seattle-based Allyis, talked about “Social Media as a Leadership Tool” and how executives can socialize their way to employee engagement, retention, collaboration and success.

Law touched on the communication game that’s already changed due to social media, ROI of engagement, statistics, social media being a broader concept than just its platforms of Facebook, Twitter, LinkedIn, etc. Conversations among customers, employees and their peers now help create brands.  Two-way dialogue is the best way to represent a brand and Law offers tips for staying competitive in today’s marketplace.
RSSListen to podcast on social media.

Video extra: The Generation Y workforce will equal Baby Boomers in numbers, and Gen Y’s digital media presence is noteworthy. Law played this four-minute “Socialnomics” video about current social media use and demographics.

This lecture is part of Leaders to Legends Breakfast Lecture Series, an event for business leaders and faculty to share insights about current business topics and trends with other business leaders, alumni, faculty, students and the Foster School community.

Love is in…Balmer Hall?

Monday, January 25th, 2010

Several words come to mind when one thinks of Balmer Hall …dark, old, dreary, cold!

But romantic?

In fact, Balmer is where Dan Donohue (BA 2004) and Angela Pak (BA 2004, MBA 2009) met and fell in love.

Dan and Angela arrived at the University of Washington with similar goals.  They wanted to “make new friends, be involved in student activities, obtain some leadership roles and get a good job.”

Because of their passion for getting involved, it was no wonder they ended up in the same social circle.

Dan and Angela met when they were hired as peer advisers in the Undergraduate Programs Office at the Foster School in 2002. They also both held leadership positions in Alpha Kappa Psi, a co-ed professional business fraternity, and had many business classes together.  In fact, there was a two-year span where they saw each other almost daily.

After two years of getting to know each other, Dan stepped up his game. All it took was an invitation for a birthday drink and they have been inseparable ever since!

Angela, a marketing manager at Amazon, and Dan, a sales manager at Volvo Construction Equipment look back at their time in school with no regrets.  Not only did they meet and exceed all their initial goals but they managed to knock another biggie off the list too:  Dan and Angela are set to marry this summer, almost exactly six years after they graduated and started dating in 2004.

When asked if anything they learned at the Foster School has helped their relationship, Dan and Angela quickly responded with three key lessons:  Teamwork, communication and, of course, negotiations!

Faculty podcasts: Brands that die and merger research

Thursday, January 21st, 2010

Two UW Foster School of Business faculty members gave lectures this week on research relevant to the financial crisis and our current economy: Brands that die and mergers & acquisitions. Missed the lectures? Listen to these 20-minute audio recordings.

Shailendra_JainMarketing Professor Shailendra Jain discusses groundbreaking research on consumer responses to brands that die—brand loyalty, weak vs. strong brands and PR backlash when brands are eliminated. Jain recommends managers should consider which are high or low priority brands, whether or not to add more brands, which brands to eliminate and how to do so effectively.
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Jarrad_HarfordFinance Professor Jarrad Harford gave an overview of 30 years of merger & acquisition research. Do buying or selling companies benefit from a merger? How successful are mergers & acquisitions over the long run? How much do CEOs vs. shareholders and investors gain or lose? Some results show that when mergers destroy stock value, CEOs still get wealthier.
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These lectures are part of Leaders to Legends Breakfast Lecture Series, an opportunity for business leaders and faculty to share insights about current business topics and trends with other business leaders, alumni, students and the Foster School community.

Dean travels to Asia to expand global business leadership

Monday, December 14th, 2009

Traveling abroad may sound exotic, but this one-week, December trip was all work, no play. Despite spending nearly 50 hours at airports and inside airplanes, the experience in Asia was exhilarating. 

Beijing, China

We began in Beijing visiting some of the largest banks in China—including Bank of China, China Minsheng Bank, Industrial Commercial Bank of China, and Agricultural Bank of China. Leveraging contacts from the University of Washington Foster School Advisory Board, these meetings led to renewed support of Executive Education programs for global leadership development.

CIMG0470Taipei, Taiwan, ROC

In Taipei, Dean Jim Jiambalvo gave a keynote presentation titled “Five Keys to Sustained Innovation” to 250 business and government leaders of Taiwan as well as alumni of the joint program between Foster’s Executive Education and National Chengchi University. We also met with one of our distinguished alumni, Mr. Leslie Koo (BA 1977), chairman and CEO of Taiwan Cement. Mr. Koo continues to stay engaged with the Foster School and recently accepted an invitation to join Foster’s advisory board and donated to the School with a naming gift for a new computer lab in Paccar Hall (opening fall 2010).

Photo: Foster School Dean Jiambalvo and Associate Dean Dan Turner

CIMG0407Seoul, South Korea

In Seoul, the Foster School has strong ties with businesses, government, and universities, in part, because of the active involvement of our long-standing University of Washington Alumni Association. Of the 600 UW alumni in Korea, 130 are Foster School of Business alumni. We have continued to stay connected with the Korean business community and these relationships have led to children of UW alumni becoming Foster alumni, financial support to both the UW and Foster School, research connections for Foster faculty, and new partnerships in Executive Education.

Photo: Korean alumni and government leaders with Dean Jiambalvo (second from left) and Jean Choy (far right)

The Foster School is committed to expanding our global ties, especially in Asia. Key leaders of Foster travel on a regular basis to cultivate existing and new business partnerships. Over the years, these efforts have resulted in significant financial investments in education to support Foster students and faculty, as well as connections with influential leaders around the globe.

By Jean Choy, assistant dean of executive education and international initiatives at UW Foster School of Business

Foster alumni honored at 2009 Business Leadership Celebration

Friday, November 6th, 2009

A social networking entrepreneur, a finance executive and a light doctor walked into a room. Why?

Foster School Leadership Celebration 2009 Distinguished Alumni Awardees

 

 

 

 

 

 

 

 

Last night, the UW Foster School of Business honored outstanding alumni at the 18th Annual Business Leadership Celebration. Over 300 alumni, faculty, students, staff gathered in downtown Seattle to celebrate leadership, mix, mingle and connect.

Who won the 2009 awards?

  • Chris DeWolfe (BA ’88), MySpace co-founder
  • Phyllis Campbell (MBA ’87), JPMorgan Chase chairman of the Pacific Northwest
  • Don Nielsen (BA ’60), Light Doctor LLC chairman

Past winners? Take a look at past Foster alumni awardees and keynote speakers.

Emotional leaders – new research and survey

Monday, November 2nd, 2009

Joy. Sorrow. Guilt. Anger. Are emotional leaders received well by employees? Perceived as sincere? Motivational? A new series of studies by UW Foster School of Business researchers explores this topic and found followers are skeptical of sincerity when leaders emote negatively. Doctoral student Marion Eberly and Christina Fong, assistant professor of management and organization at the Foster School conducted a study and are doing ongoing research on the effects of emotions in leadership.

Mid-career professionals: Take a short survey of your experience with emotions in leaders or supervisors. Do you work for a manager who expressed either positive or negative emotions? How did that impact you? Express yourself in a study and contribute to ongoing research about the effects of emotional leaders.

Foster MBA reunion speakers: Howard Behar and Allan Golston

Friday, October 2nd, 2009

Over 350 – a record number - Foster MBA grads returned to business school in September for the annual UW Foster School MBA reunion weekend. MBA grads from six different years (1984, 1989, 1994, 1999, 2004, 2009) gathered to reconnect with classmates, tailgate at a UW Husky football game, and listen to guest speakers talk about leadership issues. Guest speakers included:

Howard Behar, past president of Starbucks and former Foster School Fritzky leadership chair, talked about why people are not corporate assets, the value of the human spirit in the workplace, and how to encourage creativity and innovation.

 

Click image above to play video.
 

Allan Golston, Bill & Melinda Gates Foundation president of United States programs, shared insights about new and upcoming research on education, the minority access gap, and discussed ”talent lottery” luck.

Click image above to play video.

Mentor program connects students to work world

Thursday, October 1st, 2009

Repurposed from a 2007 newsletter from the Certificate of International Studies in Business

CISB 2007 mentor photoFifteen Certificate of International Studies in Business (CISB) students received support and advice from professionals in the business world this year through the pilot Business Mentoring Connections Program. Mentors from Microsoft, Boeing, SanMar, Deloitte Consulting, KPMG, Accenture, Expeditors, Washington Mutual, Tran Law Firm, Ballard Travel and Cruise Consultants, and Lowell Elementary School shared their expertise and offered career guidance while benefiting from the chance to practice their coaching skills.

“The program does a great job of connecting education to the work world,” according to one student. Mentors were equally enthusiastic, saying, “this kind of program develops skills that are crucial to managers: listening, patience and developing the overall person rather than just focusing on their potential job”, and “we have worked a lot on professionalism, networking and communication skills; these are key aspects of transitioning successfully into the business world.”

Business School alumna Margaret Xu, ’03, will join Nishika de Rosairo in co-managing the program in 2008. CISB alumna and co-founder of BMeC, Anne Sackville-West, ‘03, will be moving to the San Francisco Bay Area and will stay involved with the program in an advisory capacity.

Associate Dean Steve Sefcik says, “we’re thrilled to have the involvement of dedicated mentors who care so much about helping our CISB students succeed.” The program will continue in 2007-2008, thanks to the support of the UW Business School Undergraduate Program office.

Learn more about the Certificate of International Studies in Business.

Alumni Mentoring

Wednesday, September 30th, 2009

Life as a college student can be fraught with uncertainty about the future. And who better to understand the angst of a student than a former one?

AlumniMentoring

It was that empathy with the mental mindset of the undergrad that prompted two former Foster students to launch a mentoring program.

“A student’s life is so brittle,” Nishika de Rosairo says. “They are at the point where even the most confident harbor insecurities about their careers and life in general. But having a mentor to aspire to, or who can just help guide them through that process, is an incredible advantage.”

With this in mind, de Rosairo and Anne Sackville-West (BA 2002) launched a mentorship program in 2006 for undergraduate students working toward the Certificate of International Studies in Business (CISB). Anne has since moved away, and now Brian Wright helps Nishika run the program.

The program matches students with a young professional, someone who can still recall what it’s like to be an undergrad. “Most mentors have graduated within the past one to seven years so they’re more connected to what it’s like to be a student and enter the corporate world–a world quite different from what the students know,” says Nishika.

Each mentor takes a student under his or her wing for a year, providing counsel on career and life development. The benefits for the student are obvious: confidence, information, support, insight and more. And the mentor benefits too.

Mentoring improves leadership skills, and “today’s business world is demanding leaders who are well rounded and equipped to develop our talent of the future,” says Nishika.

Mentors also learn important skills such as effective listening and questioning, and how to provide constructive feedback. “For a lot of us, the hardest thing is to learn how to manage and develop people. Mentoring gives us an opportunity to improve our people management skills,” says Margaret.

Mentoring also keeps alumni connected to Foster, a prestigious business school. It provides an opportunity to network with other young professionals with similar interests. And mentoring is a fulfilling way to give back to Foster, to help nurture the next generation of business leaders while nurturing one’s own career development.  For more information, contact CISB at cisb@uw.edu.