FISHER NEWS Sept. 26, 2008
  In this issue

Thomas L. Friedman receives Fisher Prize before capacity crowd at Mershon Auditorium

Nine new faculty members join Fisher

Nationwide and Fisher partner to address consumer marketing issues

Fisher offers nation’s first master’s degree in lean management

Fall Career Fair, Go Global Fair help students prepare for the future

Before classes start, students get to work

Journal of Management: Research at Fisher having significant impact on field

Fisher People: Benjamin Moore
Max M. Fisher College of Business > The Ohio State University Fisher College of Business
Thomas L. Friedman receives Fisher Prize before capacity crowd at Mershon Auditorium
Fisher Prize recipient Thomas L. Friedman signs copies of his latest book prior to the Fisher Council on Global Trade and Technology event on Sept. 24.
Fisher Prize recipient Thomas L. Friedman signs copies of his latest book "Hot, Flat, and Crowded: Why We Need a Green Revolution — and How It Can Renew America” prior to the Fisher Council on Global Trade and Technology event on Sept. 24.

A celebration of the legacy of Max M. Fisher and the centennial commemoration of his birth culminated on Wednesday, Sept. 24 with the awarding of the Fisher Prize to Thomas L. Friedman.

Friedman is a three-time Pulitzer Prize winning journalist for The New York Times and a bestselling author of several books on international affairs and politics. His new release, “Hot, Flat, and Crowded: Why We Need a Green Revolution — and How It Can Renew America,” was the topic of his address before more than 2,000 people at Mershon Auditorium for the Fisher Council on Global Trade and Technology.

Created by Leslie and Abigail Wexner, the council and prize honor the lifelong achievements of the event’s keynote speaker and the college’s namesake.

Anthony Cummings, grandson of the late Fisher, gave remarks at the event on behalf of the family. He said the selection of Friedman for the prize was in keeping with his grandfather’s legacy. Read More>>

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Scholar Spotlight
Nine new faculty members join Fisher
Fisher College of Business welcomes nine new faculty members for the 2008-09 academic year including Michael Weisbach, former University of Illinois finance professor and co-editor of The Review of Financial Studies, and Itzhak (Zahi) Ben-David, whose research on the origins of the sub-prime mortgage crisis has been praised by The New York Times’ Freakonomics column. Read More>>

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Nationwide and Fisher partner to
address consumer marketing issues

Nationwide Insurance announced it is collaborating with Fisher to create the Nationwide Center for Advanced Customer Insights. This partnership creates one of the select few centers dedicated to researching and evaluating consumer behavior in the United States.

The center will focus on current, substantive customer and market research problems. Nationwide, with the help of Ohio State faculty members, graduate students and center staff, will identify and formulate business, marketing and operations research problems. Through this partnership, Ohio State faculty, staff and students will have the opportunity to apply creative research to solving practical business problems.

“What distinguishes this center is the holistic, interdisciplinary approach students will be utilizing to solve today’s real world business problems,” said James Lyski, chief marketing officer for Nationwide Insurance. “This partnership will allow us to foster innovative results by combining a broad base of academic disciplines including statistics, behavioral science, economics and marketing to help address the most pressing problems we face every day.”

Nationwide will utilize the knowledge gained from this research as a foundation for the development of plans and strategies to capture new markets, develop new products, enhance existing markets and products, and improve future profitability. In addition, the center will enhance student career opportunities by providing them the chance to develop quantitative skill sets more marketable in a service-based economy. Nationwide is also a charter member of Fisher's Initiative for Managing Services. Read More»

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Fisher offers nation’s first master’s
degree in lean management

As organizations face mounting operating costs, Fisher has developed a timely and innovative master’s degree program in lean enterprise and continuous improvement to help managers in today’s turbulent economic climate.

The Master of Business Operational Excellence (MBOE) is an intense one-year program offered through Fisher’s Executive Education program that provides managers with the skills and tools necessary to reduce waste and improve value stream management, strengthen employee engagement and develop organizational capabilities.

In addition to classroom exercises that engages and challenges the working professional, a unique aspect of Fisher’s MBOE program is a Capstone Project that students design and complete over the entire course of the program. The Capstone Project requires practical application of course work, in which students develop and implement a process improvement plan within their individual organizations. The integrated approach of on-campus learning tied to practical application at the home company will ensure that managers and their company sponsors receive real-time return on investment.

“The program blends learning and doing in a structured format. Students receive one-on-one coaching and mentorship from MBOE faculty to ensure managers are meeting targeted business objectives,” said Peter Ward, Richard M. Ross Chair in Management and director of the program. “Program graduates will have the management skills and tools necessary to lead their organizations and achieve the highest level of operational excellence in today’s uncertain economy.” Read More»

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Fall Career Fair, Go Global Fair help
students prepare for the future

Gary Kelly, CEO and vice chairman of the board of Southwest Airlines, speaks to students during the Leadership and Professional Development’s Sander FlauJohnson & Johnson recruiter and Fisher Alumni Board Member Eric Lenard talks with a student during last year's Fisher Fall Career Fair.
Johnson & Johnson recruiter and Fisher Alumni Board Member Eric Lenard (left) talks with a student during last year's Fisher Fall Career Fair.

The academic year is only a few days old, but a pair of upcoming events could help students find a job, an internship or study in another country. In early October, the college will host the Fisher Fall Career Fair Oct. 6-8 and the Go Global Fair on Oct. 9.

The Fisher Fall Career Fair, which will be held from 10 a.m. to 3:30 p.m. all three days at the Blackwell Inn, is open to all Fisher students and alumni. This year’s career fair will feature recruiters from 42 corporations with a different academic focus each day.

On Monday, Oct. 6, companies seeking accounting and finance students will be in attendance. The following day will feature corporations seeking marketing and human resources majors and the final day will showcase companies seeking operations and logistics students. The cost to attend is $1 and students can register in advance through the Office of Career Management Web site.

The Go Global Fair will be held from noon to 2 p.m. in the Fisher courtyard. The second annual event will showcase the student exchange partnerships that International Programs Office offers to both undergraduate and graduate students. Fisher has student exchange agreements with more than 30 colleges and universities on every continent except Antarctica.

During this year’s Go Global Fair, exchange students currently studying at Fisher as well as alumni who participated in an exchange program will be in attendance to share their experiences. The event will also feature a henna tattoo artist, a caricature artist and a face painter.

The International Programs Office will award one $1,000 scholarship to be used toward the cost of the quarter-long exchange program. Students will be eligible to win the scholarship after they have applied and been accepted into the student exchange program.


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Before classes start, students get to work
First-year MBA students put together a puzzle during a team-building exercise at Summit Vision.

Students in the MBA program got down to business long before classes began. Last week, orientation activities included several boot camp seminars and team-building exercises at Summit Vision, an outdoor adventure camp in Westerville. The previous week, international students launched their Fisher collegiate career with a rigorous schedule of activities.

Along with days packed with orientation activities, MBA candidates and other Fisher students participated in several extracurricular events. The Office of Career Management hosted a mix-and-mingle for new students with more than 25 corporate recruiters in an event at Ohio Stadium.

The Leadership and Professional Development series kicked off Sept. 23 with Esther Silver-Parker, senior vice president of diversity relations for Wal-Mart. Nearly 100 students participated in an interactive exchange with Silver-Parker discussing Wal-Mart’s supplier strategies, employee recruitment and community and philanthropic activities as it relates to the company’s diversity efforts.


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Journal of Management: Research at
Fisher having significant impact on field

A study in the “Journal of Management” on the scholarly influence of research work in the field of management placed Fisher College of Business 14th in a ranking that measured the impact of published studies.

Jay Barney
Jay Barney
 
Raymond Noe
Raymond Noe
Two Management and Human Resources faculty members were recognized in the study, which also ranked the top 150 most cited authors in the field of management. Jay Barney, the Chase Chair for Excellence in Corporate Strategy, was ranked 7th and Raymond Noe, the Hoyt Designated Professor of Management and Human Resources, was 62nd.

“This is the first study to examine author and university influences in virtually all subareas of the field of management,” the authors wrote in the report. Citations were used to measure research impact.

Conducted by four management professors on the faculties at Indiana University, University of Arizona and University of Alabama, the study examined published research from 1981 to 2004. The analysis included more than 1,600 universities and 25,000 management scholars. The researchers grouped published work in four-year blocks. During the final time period of the study, 2000-04, Fisher was ranked 12th.

“This study is very significant because the study focuses on the impact our colleagues are having on the field,” said David Greenberger, department chair of Management and Human Resources. “Instead of looking solely at the number of papers an institution or scholar produced, the researchers analyzed the frequency published studies were cited over nearly a 25 year period.”

Authors analyzed 30 research journals, including the “Academy of Management Journal,” “Harvard Business Review,” “Sloan Management Review” and “Journal of Management Studies.” The study appears in the August 2008 edition of the Journal of Management and can be downloaded from jom.sagepub.com.


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Fisher People: Ben Moore
 
Benjamin Moore
Title: Office Associate, Management Sciences Department

Hobbies: "My hobbies include mountain climbing, sky-diving and various other death defying activities."

FisherLure: "Working at Fisher allows me to remain a productive member of the Ohio State family long after I have graduated.
"



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Calendar of Events

Sept. 29
The Common Cents Investment Group is holding its first meeting of the quarter at 7:30 p.m. in 210 Schoenbaum Hall. More information is available online.

Sept. 30
Fisher Board Fellows will hold a meet and greet barbeque for first-year MBA students to learn more about the organization before the application process begins. The barbeque will be held from 4 to 7 p.m. at Fred Beekman Park. More information is available online.

Oct. 1
The Ohio State Chapter of the American Marketing Association will hold an informational meeting to start the new school year. Pizza will be served at 7 p.m in 319 Schoenbaum Hall and the meeting will start at 7:30 p.m. in 330 Schoenbaum Hall. More information is available online.

Brian Marcum, an information technology recruiter, will speak at the Information Systems Association Meeting. More information is available online.

The Ohio State Chapter of the National Association of Black Accountants will hold its first general meeting of the quarter at 7:30 p.m. in 310 Schoenbaum Hall. More information is available online.

A representative from Ernst & Young will discuss the firm and its internship opportunities at the Undergraduate Finance Association meeting at 7:30 p.m. in 330 Schoenbaum Hall. More information is available online.

Oct. 2
A representative of Limited Brands will discuss resume tips and help students prepare for career fairs at the Buckeye Operations Management Society meeting at 7:30 p.m. in 200 Schoenbaum Hall. More information is available online.

A representative of KPMG will speak at the Accounting Association meeting at 7:30 p.m. in 215 Schoenbaum Hall. More information is available online.

The Asian Business Student Association will welcome a staff member from Fisher’s Office of Career Management to discuss interview preparation. More information is available online.

Oct. 8
A representative of General Mills will speak at the American Marketing Association meeting. Pizza will be served at 7 p.m in 319 Schoenbaum Hall and the meeting will start at 7:30 p.m. in 330 Schoenbaum Hall. More information is available online.

A representative from Marathon Oil will speak at the Undergraduate Business Women’s Association at 7:30 p.m. in 215 Schoenbaum Hall. More information is available online.

Oct. 10
FisherServes will be hosting the third annual Fisher Charity Golf Classic at the New Albany County Club. All proceeds from this event will benefit Fore Hope. More information is available online.


News Briefs

Rives awarded FFSP scholarship
Bill Rives, senior lecturer in the Department of Finance, has been awarded a 2008 Paul S. Mills Scholarship by the Foundation for Financial Service Professionals. The award recognizes individuals who have demonstrated an exceptional commitment to professional education, lifelong learning and ethical business practice.

The Foundation for Financial Service Professionals, the charitable arm of the Society of Financial Service Professionals, fosters research, education and ethical practice among financial service professionals to benefit the public.

Management Science professors' research recognized by journal
Management Science professors W.C. Benton, Kenneth Boyer, John Current, Nicholas Hall, David Schilling and Peter Ward were each rated in the top 50 of over 1,300 Operations Management and Management Science faculty worldwide based on the impact of their research.

The review, which was conducted by the Journal of Operations Management, rated each professor based on the number of times their published research has been cited since 1985. Read the review in its entirety online.

Fisher alum
paper receives international prize

Samuel Tiras, chair of the accounting department at Louisiana State University’s E. J. Ourso College of Business, co-authored the winner of the best paper award chosen at the 2008 Accounting and Finance Association of Australia and New Zealand and the International Association for Accounting Education and Research Conference, which was held July 6-8. Tiras received his PhD from Fisher’s Department of Accounting.


Fisher in the News

Andrew Karolyi, the Charles R. Webb Designated Professor of Finance, was quoted in an Aug. 7 The New York Times article on the impact of the Sarbanes-Oxley Act on American markets to attract and retain foreign corporations.

Karolyi, who has conducted extensive research on the cross-listing of foreign corporations with René M. Stulz, Everett D. Reese Chair of Banking and Monetary Economics, told the paper that the market did not react favorably to the foreign companies when they were no longer subject to American regulation.

Rao Unnava, W. Arthur Cullman Professorship in Marketing, was quoted in a Sept. 15 CNN.com article on consumers’ perception of a limited gasoline supply due to Hurricane Ike.

Unnava told the news service when there is a perceived scarcity of any product, the attractiveness of that product goes up.

Ken Gold, director of the Center for Real Estate Education and Research, was quoted in a Sept. 4 BusinessWeek.com article on the effect the credit crunch is having on home buyers and sellers.

Gold told the magazine that mature neighborhoods with higher-priced homes and home owners with higher incomes will still sell favorably during the slump in the housing market.

Sharon Alvarez, associate professor of management and human resources, was quoted in an Aug. 8 Columbus Business First article on a group of businesswomen that meet monthly to set goals and provide accountability for specific areas of life and business.

Alvarez told the paper the diversity of personalities and skills within this local group of women the greatest values to the members.

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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