Media Coverage: April 2010
The Daily Collegian, 04/23/2010—Article on The Next CEO undergraduate competition. "Students from the Smeal College of Business took the stage of the Penn Stater Conference Center at the event The Next CEO on Thursday night—but only one walked away with a two thousand dollar scholarship." (Student Wins Scholarship, Becomes The Next CEO).
The Daily Collegian, 04/20/2010—Article on an event cosponsored by the Center for Sports Business & Research. (Director of MLB Players Association Talks to Students, Faculty).
The New York Times, 04/18/2010—Carrie Marcinkevage, MBA director of admissions, comments on an academic integrity instance. "The admissions director for Penn State's MBA program, Carrie Marcinkevage, recalls that the school once received a student essay with three of four paragraphs taken directly from an article online. 'It was, ironically, in our "Principled Leadership" admissions essay,' she says." (Exactly How Personal Is that Personal Statement?).
Central Penn Business Journal, 04/16/2010—Column by Jake Ray, managing director of the Smeal EMBA Program, quotes Paul Carozzoni, director of career and executive coaching. "Your career development means holding on to the theme of your plan, with your eye on the long-term goal," Carozzoni says. "There is congruence in the trajectory of change, so you must be open to new ways of doing the work you aspire to attain." (Defining Your Career Strategy Key to Job Satisfaction).
USNews.com, 04/15/2010—Carrie Marcinkevage, MBA director of admissions, gives advice to prospective MBA students on applying to Smeal. "As a Smeal MBA, you rise above the crowd for your drive, integrity, and collaboration. You are first to volunteer for the tough job. You are last out of the office. You give credit to your team before yourself. You maintain the highest of standards in ethics and professionalism. People who work for you don't leave, they're promoted. And so are you." (How to Get In: Penn State University Smeal College of Business).
Centre Daily Times, 04/13/2010—Article on Smeal's team in the international Danone TRUST competition. "To make it to the international level, the students competed in the first round on Jan. 23 in White Plains, N.Y., at Dannon headquarters. They competed against 13 other teams, including two other Penn State groups, representing six schools. They moved on to the national level, where they beat New York University, Columbia University, and Southwest Baptist to reach Paris." (PSU Students Head to Paris for Business Contest).
Securities Industry News, 04/05/2010—John Liechty, associate professor of marketing and statistics, comments on the establishment of an Office of Financial Research (OFR). "The OFR can look across the landscape and identify risks," Liechty says. "It retains most of the authority in the Reed bill. We are the least controversial part of the whole title. You can't do systemic risk regulation without gathering the appropriate data." (The Government's 'Canary in the Coal Mine').
Business Standard (India), 04/05/2010—Article mentions a workshop by Gary Lilien, Distinguished Research Professor of Management Science. "Hyderabad-based Indian School of Business (ISB) plans to organize workshops for other b-school faculty in a bid to enhance management education in the country. ... It recently organized a management workshop in the area of marketing analytics in which over 50 faculty members from across 25 leading b-schools in the country participated. The workshop was led by Gary Lilien from the U.S.'s Pennsylvania State University." (ISB Collaborates with Peers to Enhance B-School Education).
Centre Daily Times, 04/04/2010—Patrick Cataldo, managing director for executive programs, writes in his column about mojo. "Knowing what that positive spirit is that starts from the inside and radiates to the outside is defined as your mojo," Cataldo writes. "When you are performing at your very best, you know you have it. It's winning a big deal, running a successful charity event, satisfying a customer's urgent need, or being a supportive spouse, parent, or child." (Find the Source of Your Mojo).
Cataldo, managing director for executive programs, writes in his blog about mojo. "Mojo is the positive force that you experience, either inside or outside of work, when you are performing at your personal best," Cataldo writes. "It's that positive spirit toward what you are doing that starts from the inside and radiates to the outside. Mojo is at its peak when you are experiencing both happiness and meaning in your activity and communicating that to those around you." (Mojo - Get It, Keep It, Get It Back).
The New York Times, 04/01/2010—Brent Ambrose, Smeal Professor of Real Estate, comments on the Federal Reserve ending its program to buy mortgage-backed securities. Ambrose "said the Fed had 'done a credible job of telegraphing what its intentions were,' giving the markets ample time to prepare for the end of the program." (Fed Ends Its Purchasing of Mortgage Securities).
IndustryWeek, 04/01/2010—Article on a speech by Donald Hambrick, Smeal Chaired Professor of Management. "How thin is the line between CEO confidence and overconfidence? Between acceptable risk-taking and extreme risk-taking? Those are among the topics addressed by Don Hambrick ... during a recent acceptance speech at the Universite Pantheon-Assas, where he received an honorary doctorate." (Confident, Yes; Overconfident, No).
SmartPros.com, April 2010—J. Edward Ketz, associate professor of accounting, writes in his column about corporate accounting scandals. "On what basis would the public believe that corporate accounting had become the truth, the whole truth, and nothing but the truth?" Ketz writes. "Maybe they thought that Sarbanes-Oxley was the golden legislation that solved all our problems. But, as most of the act was incremental changes over previous dictates, that conclusion has exaggerated and continues to exaggerate the reality." (Shock over Repo 105).
SmartPros.com, April 2010—J. Edward Ketz, associate professor of
accounting, responds in his column to a Wall Street Journal op-ed by Secretary of Commerce Gary Locke. "You would think that after the last decade of financial thievery and accounting mischief, the Obama administration would not tolerate a return to such prevarications," Ketz writes. "But if one listens to his Secretary of Commerce Gary Locke, that might not be the case." (Does Gary Locke Support Accounting Lies?).
SmartPros.com, April 2010—J. Edward Ketz, associate professor of accounting, writes in his column about HR 4653, the Accurate Accounting of Fannie Mae and Freddie Mac Act. "This bill is a simple but important piece of legislation because it asks the federal government to tell the truth about its cash flows pertaining to Fannie Mae and Freddie Mac," Ketz writes. "Such an accounting would be a welcome change from Washington's frequent fibs." (A Congressional Bill Worth Passing).