FISHER NEWS Oct. 5, 2007
  In this issue

Fisher to honor five distinguished alums at 2007 Dean’s Dinner and Alumni Awards

Fisher MBA program 34th in international ranking

Fisher hosts international business case challenge, Oct. 23-27

Lewicki appointed to professorship; Gray receives research award

Business schools go head-to-head in Biz Quiz National Challenge

ProjectONE helps first-year MBAs hone consulting skills

Fisher People: Alan James









Max M. Fisher College of Business > The Ohio State University Fisher College of Business
Fisher to honor five distinguished alums at
2007 Dean’s Dinner and Alumni Awards

Five outstanding Fisher College of Business alums whose hard work has made a difference in the corporate world and the community will be honored at the annual 2007 Dean’s Dinner and Alumni Awards Presentation. The dinner and ceremony will be held at 6 p.m. on Friday, Oct. 19 at the Blackwell Inn.

Joseph A. Alutto, Ohio State interim executive vice president and provost, will also be acknowledged during the banquet for his contributions to Fisher.

Since 1993, the Alumni Society of the Fisher College of Business has recognized outstanding alumni, who have brought distinction to themselves and the college through their outstanding achievements as well as generously contributed time and resources to Fisher. Alumni are honored in five categories. This year an Entrepreneurship Award was added to recognize alums instrumental in the development, launch or growth of one or more successful new ventures and are committed to helping the next generation of entrepreneurs.

The inaugural recipient of the Entrepreneurship Award will be given posthumously to Vincent Aveni, a 1947 graduate of Fisher and founder of Realty One. He built the Cleveland-based firm into one of the largest residential brokerage firms in the Midwest and the ninth largest in the United States through strong internal growth and the acquisition and consolidation of more than 50 real estate companies. With his partners, he also developed shopping centers, office buildings, industrial parks, parking garages and hotels. Read More »

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Fisher MBA program 34th
in international ranking

The Economist Intelligence Unit, the research unit of London-based The Economist magazine, ranked the MBA program at Fisher 34th internationally and 20th in the United States.

The rankings were based on information submitted by schools as well as surveys submitted by 20,000 students and graduates. The Economist Intelligence Unit has identified the four most common reasons students elect to pursue MBA degrees. These include improving career opportunities, increasing personal development and educational experience, increasing salary and/or networking with students and alumni. The MBA program rankings are based on the school's ability to deliver these four elements.

Survey respondents gave Fisher top ranking in several areas. Out of the 100 MBA programs ranked, Fisher received top rankings in three career placement criteria and placed 20th for education experience. Respondents placed Fisher 15th among the 100 MBA programs for “open new career opportunities;” fourth for “diversity of recruiters;” and 12th for “jobs found through career services.”

“Fisher College has consistently been ranked as one of the top MBA programs worldwide,” said Stephen L. Mangum, acting dean, Fisher College of Business. “I am pleased that the prestigious Economist Intelligence Unit has recognized the talent of our students, faculty, alumni and staff.”

Fisher has been recognized internationally for its world-class faculty, innovative Leadership and Professional Development program and a management education curriculum based on a teamwork ethic. Fisher’s Career Services office has consistently received high evaluations from corporate recruiters, students and alumni.

The class of 2007 secured job opportunities in more than 10 business sectors, including consulting, manufacturing, consumer goods, retail, financial services and health-care corporations. The categories of career opportunities and personal development/educational experience each made up 35 percent of the overall score.

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Fisher hosts international business
case challenge, Oct. 23-27

Business undergraduates from schools as far away as France and Italy will join students from universities in Canada, Mexico and the United States to compete in the fourth annual CIBER Case Challenge, Oct. 23-27.

Hosted by Fisher’s International Programs Office and Center for International Business Education and Research (CIBER), the business case challenge is organized by Fisher undergraduate students in coordination with faculty and staff.

CIBER Case ChallengeOn Oct. 26, the competitors will retreat to rooms at the Blackwell Inn for a grueling 24 hours to analyze an international business case and prepare a solution for presentation. The business case is kept secret from competitors until the start of the competition that morning.

All 12 teams will present to a panel of judges during the preliminary round on Friday. A group of high school seniors from Columbus’ Academic Acceleration Academy will serve as honorary judges during the first round. The high school students will select three teams to advance to the final round and submit their recommendations to the official judges.

“We are excited to have these talented business students from around the world serve as ambassadors of higher education to Columbus high school seniors,” Melissa Torres, director of international programs at Fisher, said. “Ultimately we hope the interaction with this diverse group of undergraduates will open a world of opportunity and encouragement to local high school students.”

The final round will take place in the afternoon. Judging will be conducted by international business scholars and executives that include Fisher alumni and corporate partners from major multinational corporations locally and across the country.

This year’s competition is sponsored by Honda, Graphic Awards, Domino’s Pizza and Coca-Cola.

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Scholar Spotlight
Lewicki appointed to professorship
Gray receives research award


Earlier this month Roy Lewicki was appointed to the Irving Abramowitz Memorial Professorship by Ohio State University trustees.

University trustees approved the appointment of Roy Lewicki to the Irving Abramowitz Memorial Professorship effective Oct. 1, 2007. Lewicki, a professor of management and human resources, was appointed to a five-year term.

“Roy is internationally known for his research in negotiations and has authored and co-authored several leading textbooks and research volumes in this field,” said Stephen L. Mangum, acting dean. “Roy is also an accomplished teacher. The student wait-list begins forming the moment his name is attached to a course.”

In recent years, Lewicki has worked on the college’s curricular efforts related to ethics and values based leadership. He most recently was recognized by the National Science Foundation for serving on an advisory panel for the Program in Decision, Risk and Management Sciences.


John Gray
John Gray, assistant professor of operations in the Department of Management Sciences, won the 2007 Elwood S. Buffa Doctoral Dissertation Award given by the Decision Sciences Institute. Gray’s dissertation, “Essays on Manufacturing Outsourcing,” included three separate studies.

The first essay was a game theoretic model examining outsourcing strategies in the presence of learning-by-doing and powerful contract manufacturers. The second essay examined 867 manufacturing business units to determine the factors that led to outsourcing.

“That study concluded, not surprisingly, that cost was a major influence in outsourcing plans,” Gray said. “Surprisingly, however, the study found that quality considerations seemed to have minimal impact.”

The last essay examined quality risk in outsourcing in the drug industry using FDA inspection data. The study found that contract manufacturers pose a greater quality risk than internal plants, and that ISO 9000 certification seems to do little to mitigate this risk.

Co-sponsored by McGraw-Hill/Irwin, the competition identifies and recognizes outstanding doctoral research in the development of theory or applications of the decision sciences.

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Business schools go head-to-head
in Biz Quiz National Challenge

In front of television cameras at the WOSU studios teams of undergraduate business students from across the country will test their knowledge of significant business news in a fast-paced quiz show. The event, the Nationwide Fisher Biz Quiz National Challenge, will be held at 10 a.m. on Saturday, Oct. 27.

The event at WOSU's studio at the Center of Science and Industry is open to the public. Ticket information is available by e-mailing bizquiz@fisher.osu.edu.

Sponsored by Nationwide’s Financial Leadership Rotation Program, Fisher and The Wall Street Journal, 18 business schools from the Big Ten, the universities of Texas, Florida, Southern California and New York University are among those competing.

On Friday, Oct. 26, teams will converge on Fisher’s state-of-the-art campus for preliminary rounds. Students will compete by demonstrating their awareness of business news, issues and trends as reported in The Wall Street Journal. Quiz questions will be drawn directly from Journal articles that appeared in September and October issues. Read More »


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ProjectONE helps first-year
MBAs hone consulting skills

A new Fisher Professional Services experience, designed to train first-year MBA students in the fundamentals of consulting could tap new revenue streams for a university entity.

Through ProjectONE, 35 first-year MBA students will spend fall quarter exploring five revenue opportunities for Ohio State’s Transportation and Parking Services. The teams will present business plans for each of the five cases to the Transportation and Parking directors at the end of November.

The students will develop plans to expand several facets of the organization. A bidders conference was held for students to query the client about business specifics and bounce new ideas around.

"They are now working in their teams to mature their initial ideas into fully developed proposals. They will present in a competitive format to a panel of judges, which will include the client and professional consultants," said James Lane, director of Fisher Professional Services.

“One of the great things about ProjectONE is that we have robust cases to work on in a structured environment,” Fisher Professional Services partner and second-year MBA student Ryan Jackson said. “We’re using this to ease students into thinking with a consulting frame of mind and preparing them for the workload that they are going to have when they work on external engagements over the next two quarters.”

ProjectONE is part of a broader multi-phase reorganization of Transportation and Parking undertaken by FPS and subcontractor Crosscut Group earlier this year.

Student consultants have worked with Transportation and Parking Services since last spring quarter to outline roles and responsibilities for employees, develop overarching goals for the organization and set key performance indicators that can be monitored on a frequent basis.

ProjectONE is part of the Fisher Professional Services, multi-dimensional "learning-by- doing" consulting experience at Fisher. The experience begins with a boot camp before students start classes in their first year where they are introduced to consultants and consulting concepts. Fundamentals of Consulting training and ProjectONE build upon that initial exposure and layer on experience and training.

Students are then ready for external consulting with clients that range from small businesses to Fortune listed companies. Eventually, as second-year MBA students, they assume leadership roles and become partners in Fisher Professional Services where they gain experience in actually running their own consulting firm.

“This is a chance for our students to give back to their university,” Lane said. “One thing we strive for at Fisher Professional Services is to assist the various entities around campus that provide services to students.”


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Fisher People: Alan James
Title: Director of Facility Operations

Hobbies: Golf and Boy Scouts committee chair

FisherLure: “I have worked here at Fisher for 11 years. I like my fellow employees and working on the facilities has been challenging and fun. I couldn’t think of a better place to work."




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Calendar of Events

Oct. 16
David Azzolina
, CFO of MemberHealth Inc., will be the featured speaker at the Cullman Executive Luncheon from 12:30 to 1:15 p.m. More information is available online at fisherrsvp.student-hub.com.

Oct. 17
Maria C. Coyne
, executive vice president and national sales executive for Key Bank, will be the featured speaker at the Women in Operations Excellence Forum from 2 to 4 p.m. in 140 Pfahl Hall. The forum is sponsored by Fisher’s Center for Operational Excellence. To register please contact Jackie McClure at 614-292-3199 or mcclure.92@osu.edu.

A case discussion with executives from Sears Holdings will be held from 5:30 to 9 p.m. in 265 Gerlach Hall. More information on the session, which is sponsored by the MBA Marketing Association, the MBA Finance Association and Operations and Logistics Management Association, is available online at fisherrsvp.student-hub.com.


News Briefs

Gifts to Fisher support programs for minority students
The Ohio Society of CPAs and ExxonMobil Corp. made gifts to the Office of Minority Student Services at Fisher to fund scholarships and graduate assistance programs.

The Ohio Society of CPAs gift of $25,000 will support two graduate assistants in Fisher’s Minority Student Services Office. The two graduate assistants will have responsibility for organizing the society’s 2008 Accounting Career Awareness Program for high school students held at Fisher in June.

A $5,000 gift from ExxonMobil will fund two first-year scholarships for minority students in the Masters of Labor and Human Resources program. The $2,500 scholarships will be awarded during the fall quarter and apply toward 2008 Winter and Spring quarter tuition.

Go Global Fair will
be held Oct. 8

The Go Global Fair will promote the opportunities available to students to study abroad at Fisher’s partner institutions around the globe. This fair will be held on the Fisher Quad from noon to 2 p.m. Students attending Fisher from colleges and universities outside of the U.S. will be available to answer questions about their institutions.

The fair will also feature entertainment, including a stilt walker, origami artist, caricature artist, henna artist and temporary tattoo artist.

The Go Global Fair is for both graduate and undergraduate students. It is an official “Fisher Citizenship” event for undergraduate students.

Fisher co-sponsors Women Empowering Women Luncheon
Fisher is co-sponsoring with the Women President's Organization (WPO) the seventh annual Women Empowering Women Luncheon. It will be held on Monday, Oct.15 at the Aladdin Shrine Temple, 3850 Stelzer Road.

The event will honor Jazzercise founder, Judi Sheppard Missett, a member of the San Diego Chapter of WPO. This year the WPO will recognize Ohio State President E. Gordon Gee as the organization’s first WPO Empowered Man Award.

As the 2007 WPO Empowered Woman Award recipient, Missett will share her success journey. The luncheon is also a fundraiser that will benefit the Women’s Fund of Central Ohio. The Women’s Fund is a public foundation that makes grants to programs that promise social change for women and girls by helping them develop life skills, leadership qualities and economic independence.


News Briefs

Paul Weinstock, senior finance lecturer, was recognized by Businessweek.com as one of 21 professors nationally recognized as student’s choice for favorite business school professors.

Weinstock was touted for his unconventional ways of relating material to his students, which includes bursting into songs. Read the entire feature online at Businessweek.com.

Michael Camp, academic director of the Center for Entrepreneurship, was quoted in the Cleveland Plain Dealer, Columbus Business First, The Youngstown Vindicator and The Lantern for his study on venture capital and seed funding in Ohio from 2002-06.

In his report presented at the Ohio Capital Fund’s Seed and Early Stage Summit, Camp said the funding opportunities were tremendous, but additional investments are needed to establish and expand operations and create high-paying jobs to bolster the state’s economy.

Oded Shenkar, professor of management and human resources, was quoted in a Sept. 22 Chicago Tribune article on Mattel’s apology to the Chinese government for lead paint tainted toys.

Shenkar said even though the toy manufacturer’s apology is remarkable, it was necessary because large U.S. corporations are very dependent on the Chinese government to successfully carry out its operations.

Karl Diether, assistant professor of finance, was quoted in a Sept. 10 Investment News article on a connection between stock market volatility this summer and SEC rule change that makes it easier for traders to sell stocks short.

Diether told the paper short sales had minimal effects on the market when the SEC suspended the uptick rule during its pilot program.

Fisher News is published bi-weekly throughout the academic year. To submit story ideas, e-mail content and your contact information to fishernews@cob.osu.edu or use the online news submission form. The deadline for story submissions is 5 p.m. the Friday before the upcoming issue.


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