INTERNATIONAL BUSINESS SPRING 2012. VOLUME 6 INSIDE: FIU Business brings leading international Strategic Management Conference to Miami

OUR COVER: Chessmen from all over the world remind us of the importance of strategic thinking across cultures and ages. For the story of this collection, turn to page 9.

Study abroad programs: Munich, Paris, Turkey and more

EMBA Consortium forms INTERNATIONAL Leaders are best prepared when they have a steady perspective on a world that’s BUSINESS constantly in motion. Whether it’s adapting to technological revolutions or operating in a shifting geopolitical climate, business looks to the university for a guiding global vision. CONTENTS SPRING 2012. VOLUME 6 At Florida International University’s (FIU) College of Business Administration, we embrace our role as a resource, serving with a 1 From the Executive Dean . . . three-pronged approach. First, we embody dynamic thought and developing the international mindset curriculum leadership. Second, we foster community engagement. And finally, we offer an academic experience that immerses our students— tomorrow’s business leaders—in an international mindset. 2 Study abroad . . . embracing the global classroom From encouraging cross-cultural research projects to organizing innovative conferences, from supporting faculty development to 4 Leadership development . . . 2 5 promoting global entrepreneurship, FIU continues its leadership getting behind the scenes in international business thought. Academic programming 6 puts this vision into practice locally and globally through programs for professionals, through an innovative dual 5 EMBA Consortium . . . degree option for students from around the world and cutting red tape with a new learning alliance through unparalleled opportunities for international study, starting at the undergraduate level. 6 Dual Degree . . . International Business World showcases some interacting with a worldwide community 13 of our many international business commitments and successes.

7 Healthcare MBA . . . 8 offering Chinese students a U.S. perspective

8 SMS Miami . . . guiding a new vision on the challenges Joyce J. Elam Executive Dean of strategy in a multi-polar world

12 Research . . . 2011 promoting international business scholarship 14 Rankings # The college’s international business programs 37 13 Executive and Professional Education . . . consistently get high rankings in U.S. and raising the bar with focused study # international publications. 15 undergrad 12 ’s leading business magazine also ranked Alumni . . . 14 FIU’s MBA programs 64th among business pursuing the path to breakthrough career success Executive Editor: Cristina M. Raecke schools worldwide. Managing Editor: Beverly Z. Welber # 16 Faculty . . . 21 Writers: Melissa Saegert Elicker, Ellen Forman, United States reaching across cultures through collaboration Jane Schreier Jones, Beverly Z. Welber Design: VSBrooks Advertising This was the publication’s # Latin America’s leading The magazine also ranked Photography: Osmel Matos, Alexis Puentes inaugural ranking of international 27 business magazine also our graduate specialty 24th. business programs. United States placed our graduate school Production Manager: Helen E. Cantos 48th worldwide. Thanks to other contributors for providing ©Copyright 2012, Florida International University. additional photographs. Reproduction in whole or in part without written permission is prohibited.

INTERNATIONAL BUSINESS WORLD 1 R. Kirk Landon Undergraduate School of Business

“Students witness opportunities Students increase in the global environment and see how they can succeed in it.” global awareness Doreen Gooden, faculty director

Led by Elisabeth Beristain and Doreen Gooden and supported by FIU’s Center for International Business Education and Research (CIBER), study abroad programs combine “People talked about their own strategies and operations and the visits to businesses and universities, sightseeing and coursework. A sampling follows. experiences in China and how they students had an opportunity to were able to bring their knowledge tour the plant. to the companies.” MUNICH AND PARIS CHINA “We continually learned how “Students learn experientially how history shapes cultures and affects Moroccan-born Issam Skalli had Group (ERG), an interim “What a fantastic experience,” said Faculty leader for marketing U.S. companies conduct business business practices,” Carolina been to Belgium, , France, executive management company Amber Rolle, a senior majoring in study abroad programs, Beristain in foreign environments from a Arenas said. “For instance, what the Netherlands, and that places executives for international business. “I have never took eleven students to China marketing perspective on three happened to Italy in World War II with family and additional support or in a crisis. traveled to that side of the world. with the goal of raising their levels: academic, cultural and still influences how many Italians friends. Yet, the study abroad to Being with an FIU group meant I awareness of the importance of business,” Beristain said. do business today.”

PARIS DUBAI CHINA ITALY TURKEY

Munich and Paris was “It was important to get out of the had opportunities I could never viewing marketing management ITALY, GREECE During the cruise, they met with altogether new. classroom and meet people who have had on my own.” strategies and tactics from a global AND TURKEY the ship’s senior officers to learn run businesses, and to overcome perspective. cruise ship operations. “We got close with the people stereotypes by seeing things The participants visited the Dubai As part of a study abroad to Italy, International Financial Center and They visited manufacturing living there,” said Skalli, one of firsthand,” Skalli said. Greece and Turkey, 39 students At EGE Ports in Kusadasi, Turkey, Exceed Industries. A presentation and service-based companies as 31 students to participate in the spent eight days on the Royal the marketing director described “I see how the trips change at real estate developer Nakheel well as advertising and public nine-day excursion. Caribbean’s Navigator of the the port’s operations and its students’ lives,” Gooden said. “They included a monorail tour to view relations agencies. The impressive Seas for a cruise in the Eastern In Germany, they visited a economic impact. witness opportunities in the global current developments. list included Burson-Marsteller, Mediterranean. BMW plant, viewing most of environment and see how they can Coca-Cola, Mercedes Benz, “These experiences gave us a the process of car fabrication, succeed in it.” “We had our questions answered PR Newswire, Stanley Black & While in Rome, they had connection with other cultures, bringing to life what they had on everything from dress to Decker, US Commercial Services, a presentation by Boeing’s which can be extremely valuable learned in their operations DUBAI history,” Rolle said. “We heard VanceInfo, Young & Rubicam and communication director about in our careers,” Arenas said. n and supply chain management about the cultural heritage and Wal-Mart. courses. Twenty students took a 10-day trip other aspects of that important that company’s operations in to learn about the exciting business region of the world.” “The visits to Burson-Marsteller Southern Europe. Also, the In Paris, they met with the co- environment of Dubai, one of the and Young & Rubicam were trip managing director of Pfizer Pharmaceutical discussed owner of Entrepreneur Resources UAE’s principal cities. highlights,” said Tyrone Grant.

2 INTERNATIONAL BUSINESS WORLD INTERNATIONAL BUSINESS WORLD 3 Alvah H. Chapman Jr. Graduate School of Business

IBHS develops leaders FIU Business The International Business Honor Society (IBHS) offers its members an array of professional development workshops and exposure to business leaders who present on campus at the group’s creates consortium regular meetings and who host the students during site visits. The students also contribute to the community through service projects. Constance Bates is the organization’s advisor. linking leading Off-campus visits provide Executive MBA programs Undergrads write and edit behind-the-scenes insights international Jose R. de la Torre designed an His idea? Through a sort of innovative solution to a study barter arrangement, international business journal abroad problem and graduate universities would provide a students worldwide are benefiting week of high-quality education Housed at FIU, the Journal for from his brainstorm. to EMBA participants from each Global Business and Community other’s programs each year. The (JGBC)—a publication of the EMBA Consortium for Global BOLOGNA GROUP Consortium of Undergraduate Business Innovation was born, International Business Education smoothing out logistics and (CUIBE), with 30 member freeing member universities to concentrate on the schools—features writing RIO GROUP “It was very educational especially from undergraduate business curriculum. with respect to the current euro students. PhD students serve “Corporate visits, a tradition with our organization, provide excellent Along with FIU, the EMBA zone crisis,” Casale said, while Wolf as reviewers. opportunities to talk to key people and get additional insight into Consortium members are: noted, “We were immersed in the international business,” said Jorge Lacayo, IBHS president. Moscow business world with visits n “We insist Like some other universities, FIU’s • Alma Graduate School, to top companies.” Two recent visits fulfilled those objectives. on a diverse Executive MBA (EMBA) offers University of Bologna, Italy an international study option for mixture of At Miami International Airport • COPPEAD Graduate School “We were immersed (MIA)—the largest U.S. gateway GUEST SPEAKERS students and program alumni. writers and of Business, Federal University in the Moscow business subjects.” for Latin America and the of Rio de Janeiro, Brazil Mohales Deis, Caribbean—IBHS students learned world with visits JGBC about how the terminal is expanding • The Moscow International to top companies.” Higher , managing editor to more than seven million square • Holger Kamin (MIB ’00) Bruce Wolf, FIU EMBA student Moscow, Russia feet through a capital improvement Planet49 North America, LLC program scheduled for completion Business schools in China, in the summer of 2012. and London are expected to join “We insist on a diverse mixture • Claudio Ramirez MIAMI GROUP this year, with others to follow. of writers and subjects that cover The group toured the Federal Office of Consulate General Among the 78 EMBA students and a range of cross-disciplinary, Reserve Bank of Atlanta Miami of alumni participating in October international topics from Branch Office and learned the history and importance “But arranging the travel and 2011 were FIU’s Michelle Casale, different perspectives,” said • Rodolfo V. Santamaria of the Federal Reserve System, study was time-consuming for us who chose to study in Italy, MOSCOW GROUP managing editor Mohales Deis, ADT Security Services/ established by Congress in 1913. n and sometimes the results weren’t and Bruce Wolf, who opted to an FIU senior. n Tyco International Ltd. exactly what we wanted,” he said. go to Russia.

4 INTERNATIONAL BUSINESS WORLD INTERNATIONAL BUSINESS WORLD 5 DUAL DEGREE NETWORK

Partners in the Dual Degree Network collaborate on programs that expose students to two different academic and cultural environments.

Argentina Birla School of Management UADE Business School, (Kolkata) Universidad de la Empresa, (); Italy Universidad Católica ALMA Graduate School at de Córdoba Università Di Bologna; MIP School of Management, Politecnico di Milano; Universidad de Chile (Santiago); Università Carlo Cattaneo Universidad Adolfo Ibáñez (Milan); University of Bari (Santiago); Universidad Católica de Chile (Santiago) Kuwait Gulf University of Science China and Technology (Hawally) Qingdao University; Shandong Economic University (Jinan); Mexico Southern Medical University EGADE Graduate Business (Guangzhou); Tianjin Foreign School, Instituto Tecnológico First class College draws Studies University de Monterrey; Instituto Tecnológico Autónomo de Colombia México (ITAM) (Mexico City); Universidad de los Andes Universidad Anáhuac of Chinese international students (Bogota); Universidad del Norte (Mexico City) (Barranquilla); Universidad EAFIT (Medellín); Universidad Peru scholars earning to graduate programs Sergio Arboleda (Bogotá) Universidad ESAN (Lima)

In the fall of 2011, the Chapman Graduate School welcomed 78 Dual Costa Rica Portugal Healthcare MBA Degree students to campus—almost double the enrollment from the INCAE (San Jose) ISCTE Business School, Instituto Universitário Southern Medical University (SMU), a top three previous semesters combined. Croatia de Lisboa Zagreb School of Economics medical university in Guangzhou, China, The newest graduate students, who earn a master’s from their home and Management Puerto Rico entered into a Dual Degree agreement in 2010 institution and one from FIU, arrived from China, Colombia, France, Universidad de Puerto Rico for students to take FIU’s Healthcare MBA Germany, Italy and the West Indies. Ecuador (San Juan) IDE Business School (HCMBA). The program helps prepare graduates Spain for management careers in health services In 2010, the college’s highly ranked International MBA (IMBA) (Guayaquil) ESIC Business & Marketing organizations. enrolled 99 students from 24 countries, creating a truly global learning PROJECTS CAP France School (Madrid) experience. In addition, 18 of them chose the program’s study abroad DEGREE WORK. EDHEC Business School “Here we communicate with professors, work option for earning their last three credits before graduating in the (Nice and Lille); ESC Switzerland Clermont Graduate School Swiss Management Center together on projects and make presentations,” summer of 2011. Students completing the Master of of Management; Sup de Co () said Yan Li, who plans a career in hospital International Business (MIB) program Montpellier Business School administration. “In China, typically you listen in “I made friends for life with people from Armenia, Australia, Canada, undertake projects across many Trinidad and Tobago class and then take an exam.” China, Korea and Poland,” said Jeffrey Rubenstein, who studied at industries and sectors. Recently, they Germany Arthur Lok Jack Graduate have explored the change in media Munich Business School School of Business, University EDHEC Business School in Nice/Lille France. n of West Indies (Port of Spain) According to Nancy Borkowski, director, Health consumption and the impact on the Management Programs, “The SMU Dual Degree traditional television business; Universidad Francisco students’ eagerness to learn about our health examined franchisee and franchisor Marroquín (Guatemala City) University of Bath relationships; benchmarked patient delivery system was apparent from the services for international healthcare India Uruguay beginning.” Atal Bihari Institute of Universidad ORT (Montevideo) services; and researched banking Information Technology and For Yingbo Cao, that meant seeing “how spacious and investments products and Management (Gwalior); ICFAI Venezuela services available for international Business School (Hyderabad); IESA (Caracas) and efficient U.S. hospitals are, and the humanity customers in South Florida. of the staff.”n

6 INTERNATIONAL BUSINESS WORLD INTERNATIONAL BUSINESS WORLD 7 Feature: Strategic Management Society Conference The Strategic Management Society’s 31st Annual “We wanted participants to discuss the challenges of Conference, held November 6-9, 2011, brought strategy in a multi-polar world,” de la Torre said. together over 1,000 of the world’s foremost business leaders and strategic thinkers, who addressed how It is an area of research both he and Chacar have corporations respond to rapidly developing economies pursued, examining a world with many spheres of and the political climates their operations inhabit. influence, looking at the importance of understanding On Miami Beach, an Ocean of local customs and institutions when doing business In light of a shift in focus from industrialized to internationally and studying the evolving patterns that emerging markets by both traditional and emerging will govern the future of international business. global corporations, attendees found themselves challenged to think of strategy in a dynamic “Organizing the conference was an incredible international framework. opportunity to showcase the themes we feel are central Possibility to the future of the field,” Chacar said. “It also was an honor.” SHAPING A VISION: For three sunny days in early November, South Beach waters gleamed under picture- The meeting was successful in engaging participants Co-chairs Aya Chacar and Jose R. de la Torre in a broader vision of the field, one in which the role perfect skies. Yet steps away, at a Miami Beach resort, global leaders from business and Conference co-chairs Aya Chacar and Jose R. de la of new societies, particularly those in emerging academia engaged in a dazzling vista of a different sort: they analyzed the fallout of Torre, faculty members in FIU’s College of Business markets, will be critical for future business success. events as disparate as the Arab Spring and the Euro crisis, grappling with the implications Administration, brought a strong background in It also was an opportunity for PhD students in the college to help in the organization and participate in of shifting economic and political sands and gaining fresh insights into business strategy. international business and strategy to their work organizing the conference. Chacar, a renowned the discussions, giving them valuable exposure to top business strategy and international business scholar, experts in the field. has taught at the London Business School and “Organizing the conference was an The Ohio State University, among others. An incredible opportunity to showcase internationally known innovator in business education, the themes we feel are central De la Torre, founding dean of FIU’s Chapman Graduate to the future of the field.” School, previously was a professor of international AYA CHACAR business and chair of the Strategy and Environment Area at INSEAD and professor of international business strategy at UCLA. On the cover: The antique chess collection of Jon Crumiller features approximately 500 sets from the 18th and 19th centuries, and individual pieces from the 12th through 15th centuries. It reflects the values of craft and diversity in the practice of strategic thought.

“We wanted participants to discuss the challenges of strategy in a multi-polar world.” JOSE R. DE LA TORRE

8 INTERNATIONAL BUSINESS WORLD INTERNATIONAL BUSINESS WORLD 9 Feature: Strategic Management Society Conference

Ultimately, what emerged from the conference was a more complex view of global strategy, one in which multiple actors play critical roles and where change is the only constant. Discussions took shape on the changing role of business in society, with a stronger THE CHALLENGE: concern for the environmental and social impacts that characterize business operations throughout the globe as well as how these FIU’s 2011 Develop a new strategic perspective on an emerging world forces also shape opportunities. An interchange ensued on how to grow economic ecosystems by working with regional organizations Americas Venture that reach across borders. Conversations sparked by the SMS Miami Romano Prodi, former prime minister of Italy and A smaller satellite pre-conference session held at FIU’s conference, participants agreed, will create a platform for debate Capital Conference a former president of the European Commission, Modesto A. Maidique Campus made it possible for and ongoing study for years to come. n gave the keynote speech on the opening day. some attendees to engage in a more intimate dialogue. The Americas Venture Capital The session continued a practice initiated at the 2010 Conference helped spur job creation “He spoke about how the evolution of institutions is SMS conference in Italy that enabled participants to and investments in presenting ventures shaping international competition, which set the tone travel within the region. FIU Business faculty members for the rest of the conference,” de la Torre said. Sumit Kundu and William Newburry helped Chacar from Latin America and South Florida. The third annual conference, presented facilitate this daylong gathering. by the Eugenio Pino and Family Global Entrepreneurship Center, will take place December 13-14, 2012.

Conversations sparked by the SMS Miami conference, participants agreed, AVCC Award Winners will create a platform for - Consult A Doctor debate and ongoing study (South Florida) for years to come. - Buscalibre, S.A. (Chile) - Cinemagic (Mexico) - Wormhole IT, Inc. (Argentina)

SELECTED CONFERENCE SPEAKERS - Grupo de Investigación en Bioingeniería (Colombia) Jay Barney, professor, Ohio State Sachin Lawande, co-president, auto Jerry Rao, executive chairman, Value and University, SMS president division, Harman International Budget Housing Corporation, India Gold Sponsors Bob Bruner, dean, Darden Business School, Monica Luechtefeld, executive vice Richard Rumelt, UCLA Anderson, former University of Virginia president, Office Depot; FIU Business SMS president - Cisneros Group of Companies Dean’s Council member Carlos Garcia, president, Novartis Latin Diana Wells, president, Ashoka America Gilberto Neves, president and CEO, - FedEx Express Latin America Srilata Zaheer, dean, Carlson School Odebrecht USA and Caribbean Pamela Hartigan, director, Skoll Center, of Management Oxford University Jackson Nickerson, professor, Washington Enrique Zambrano, CEO, Proeza, S.A. - Greenberg Traurig, LLP University in St. Louis; director, Brookings Omar Ishrak, chairman and CEO, Medtronic de C.V., Mexico Institute’s Executive Education - Tres Mares Group Randall Kempner, executive director, Aspen Romano Prodi, former president, European Network of Development Entrepreneurs Commission, former prime minister, Italy

10 INTERNATIONAL BUSINESS WORLD INTERNATIONAL BUSINESS WORLD 11 Center for International Business Education and Research Executive and Professional Education Inbound Study Tours draw CIBER Faculty international FIU-CIBER Executive and Professional students supports faculty Research Awards Education programs have Aya Chacar, Country embeddedness, EPE organizes Inbound Study Tours managerial biases and international global impact for students from partner schools in FIU’s Center for International Business Education investment decisions. the college’s Dual Degree network. and Research (FIU-CIBER) plans and co-sponsors Focused on international business Krishnan Dandapani, Micro financing faculty development, helps fund an online journal and designed by Jerry Haar, and poverty alleviation: evidence from and awards research grants. the developing world and implications associate dean for international for the developed world. programs, the non-credit modules Organized by FIU-CIBER, the 15th Annual Faculty combine a dynamic mix of classroom Development in International Business (FDIB) Mercosur Program Nathan Hiller and William Newburry, learning and onsite exploration. provided 17 professors from across the United States valuable insight Corporate reputation, psychological into the social, political, economic and business environments that contract, and work-related outcomes exist in South America. FIU-CIBER planned the excursion through in India. Brazil, Argentina and Chile. Sumit Kundu, Relevance The group visited leading Latin American companies such as of prior alliance activities for Disney Latin America, Globant and Petrobas and met with post-alliance strategic actions: representatives of area business and agricultural organizations as an integrative approach to well as local universities. inter-firm compatibility. “We received great insight into the differences in economics, cultures Ronald Lee, Simulating emotional contagion in and ways of doing business across these countries,” Brice Dupoyet Local business experts and FIU crowds using virtual worlds. Business faculty present on their said of the 10-day trip. specialties. The students tour Telecommunications operator then buying back the fish, an Tiger Li, International marketing enterprises such as NBC/Telemundo A second FDIB—the Fifth Annual FDIB Africa Program—took 17 and experiential learning: a well Digicel fosters the strong effort designed to strengthen the professors on a two-week tour of Kenya and Tanzania. Studios; the Port of Miami; fit for business education? entrepreneurial spirit in Haiti local economy. Terremark, an international internet through its “Digicel Entrepreneur “From the food to the business tours to the safaris, it was exceptionally routing company; and the Miami David Wernick, External stakeholder- of the Year” program. As part of Among the many well organized, providing an excellent range of activities and a good initiated civil lawsuits and MNE stock Free Zone, a unique area where the program, for the second year, other programs EPE opportunity to learn about Sub-Saharan Africa.,” said Joel Barber, market reaction: an event study of companies sell their goods tax free. FIU’s Executive and Professional organized was the who was sponsored by FIU-CIBER. alien tort statue filings, 1995-2009. Education (EPE) organized a “Retail Leadership The itinerary included tours of Delmonte Fresh Produce, the Clark Wheatley, Corporate governance three-day Haiti-CEO Retreat, Immersion Program” “These case studies were very Coca-Cola distributor, several non-governmental organizations and earnings management in Mexican attended by 24 Haitian CEOs and for Coca-Cola’s useful, to learn about marketing (NGOs), the Kenya Wildlife Service, the American Embassy and the firms: the association entrepreneurs, selected as finalists retail clients from between board composition and positioning of other retailers,” Burka Coffee Estate.n from a group of 245 applicants. Central and Latin and discretionary accruals. America, offered in said Diego Alonso, marketing vice president for Automercado. Weidong Xia, Clinical case studies “This was, by far, the best executive conjunction with RetailNet Group “The seminar taught me the on the establishment of sustainable program I have been involved (RNG). RNG’s president, Dan importance of being on top FIU Business publishes online case journal client-vendor relationship in off- with and I am already applying the O’Connor, gave the 40 attendees shoring IT work to China. knowledge I acquired,” said Valentin information on topics such as of future trends.” n In conjunction with FIU-CIBER, the business school publishes the Online Journal of International Case Analysis (OJICA), edited by Abe, shown above, an aquaculture store renewal and merchandising John Zdanowicz, Detecting income businessman subsequently named vitals, and faculty members worked Nancy Borkowski. The content examines how companies adapt in tax evasion and money laundering: rapidly changing societies. Acceptance takes only about 30 days, the 2011 Digicel Entrepreneur for through case studies, including how analysis of the 2009 U.S. Trade with publication following soon afterward. his unique business model of selling other brands have attempted Data Base. fish-raising kits to Haitian farmers, to improve sales.

12 INTERNATIONAL BUSINESS WORLD INTERNATIONAL BUSINESS WORLD 13 Alumni FIU Business has nearly 37,000 alumni. Many hold leadership positions in international or Alumni apply FIU knowledge multinational firms - some headquartered in the region, others based throughout all geographies. Many have entrepreneurial ventures around the world. And most credit their experiences in to global business challenges the college—thanks to their professors and classmates—as contributing significantly to their success.

Herb Payan Annapurna Belani Ruben Salazar Genovez (PMBA ’09, BS ’86) (EMBA ’11) (PMBA ’07) Vice President, Digital Senior Vice President Head Consumer Credit Products Business Development Citibank NA APMEA Region US Hispanics, Latin America, MasterCard Spain & Portugal With a degree in computer engineering, Sony Music Entertainment Annapurna Belani was a self- As head of MasterCard’s consumer credit Herb Payan has been at the right place, proclaimed geek. products in the Asia Pacific, Middle East the right time—and with the right skill and Africa (APMEA), Ruben Salazar But she found herself moving up at set, including an uncanny knack of seeing Genovez, based in Singapore, works with Citibank, starting as an assistant vice the future of digital music. team members in Dubai, India, China, president in Singapore. When she came Japan, Australia and other countries. His expertise has been recognized by to Florida to become vice president for Salazar Genovez is in charge of new the Sony Corporation with a series of Latin America technology, she realized product development and maintaining advancements since he joined in 1994. it was time to get a master’s degree. product positioning; he oversees a Currently as a vice president, one of his “I needed the scope beyond the technical product line that generates 70 percent latest successes is doubling digital world,” she said. “I chose FIU for their of MasterCard’s revenue in the APMEA. revenues in the last 24 months. global perspective, excellent reputation He credits his Professional MBA degree Why did he want an MBA? and their expertise on emerging from FIU as “excellent preparation” for international markets.” global responsibilities. “I was tired of looking at slides of colleagues with their MBAs,” he says with Just in time. In 2011, Belani was named “My classes were like a United Nations, a laugh. “More importantly, I wanted to senior vice president for Citibank, with students from India, China, the be reenergized by the academic world.” responsible for redesigning Internet and United States, Colombia and other mobile banking portals in Europe, the places,” said Salazar Genovez, whose Payan, a member of the Dean’s Alumni Middle East and Africa. career included executive positions with Circle, chose his alma mater to earn Citigroup and Barclays Bank. “I learned so his graduate degree, selecting the “Earning an MBA significantly helped me much from classroom discussions.” Professional MBA program for his quite in receiving a promotion, but that’s not crowded schedule. why I did it,” she said. “My MBA from He added that, just as importantly, FIU’s FIU, because it didn’t focus on Western instructors taught critical skills that he “This program is not for the faint of culture, gave me the skills and insight uses today. heart,” he cautions. “But it was everything I need as I deal with teams in London, I wanted, greatly helping me as I take on Singapore and around the world.” “They challenged us to see business from more global responsibilities at Sony.” a global perspective,” he said. “We learned how to anticipate and contend with international factors in operating a business.” n

14 INTERNATIONAL BUSINESS WORLD INTERNATIONAL BUSINESS WORLD 15 FIU Business Faculty Cross-cultural research projects Faculty members featured in this issue

Faculty members collaborate across and not-for-profits in Jamaica and in India” with a colleague from the college and with colleagues the United States. Their paper, India and “Explaining the role of worldwide on cutting-edge research. “An exploration of the effects of innovation on internationalization: A sampling of their projects follows: national context and organizational evidence from Dutch biotechnology School of Accounting Management and International Business performance: an analysis of sectors in SMEs” with two colleagues in Kannan Raghunandan, professor, Ryder Eminent Constance Bates, associate professor Nancy Borkowski is collaborating two countries,” is under review by the the Netherlands. with an FIU colleague and one from Academy of International Business. Scholar Chair in Business Leadership Aya S. Chacar, associate professor, Canada on research titled “Assessing They also prepared “Organizational FIU Business colleagues William Clark Wheatley, associate professor Knight Ridder Center Research Fellow human capital needs: a study of Newburry and Ronaldo Parente effectiveness among public, private Jose R. de la Torre, professor emeritus capacity development among and not-for-profit sectors in Jamaica are involved in several cross-cultural community-based first nations health and the USA.” research projects. One is titled Decision Sciences G. Ronald Gilbert, clinical professor managers,” which they will present “Perceived Career Opportunities and Information Systems at the 8th Biennial International from Globalization: Globalization Carolina B. Gomez, associate professor Conference in Organizational Capabilities and Attitudes Towards Nancy Borkowski, clinical associate professor Doreen Gooden, instructor Behavior in Health Care in Ireland in Women in Latin America” with Kaushik Dutta, associate professor Jerry Haar, professor and research fellow April 2012. collaborators from the United States, Joyce J. Elam, James L. Knight Eminent Scholar Peru, Brazil, Colombia, Mexico, Nathan Hiller, assistant professor Monica Chiarini Tremblay and a Venezuela, Argentina and others. Chair in Management Information Systems colleague from the United Kingdom Sumit K. Kundu, professor, Knight Ridder A second, examining Brazil, China, Sushil Gupta, professor, Knight Ridder Center Center Research Fellow presented “Why Link in? Proposal Germany and the United States, Research Fellow for a Critical Analysis of a is titled “Taking the Next Step—A William Newburry, associate professor, Professional Social Network Site” at Cross-National Comparison of Ronald Lee, professor SunTrust Bank Professor the Seventh International Critical Universalism and Particularism” with Dasaratha Rama, Knight Ridder Center Ronaldo Parente, associate professor Management Studies Conference in colleagues from the United States, Research Fellow Italy in July 2011. China and Germany. The third, titled Donald Roomes, senior instructor Monica Chiarini Tremblay, assistant professor Xiaoquan Jiang’s working paper “Home and Foreign Product Country Mary Ann Von Glinow, professor, Knight Ridder Wen-Hsiu Chou presented “The aggregate earnings-return Images and Purchasing Intentions in Debra VanderMeer, assistant professor “Does auditor quality matter to Eminent Scholar Chair in International Management relationship: a global perspective,” Developed and Developing Countries: Weidong Xia, associate professor, foreign investors? Evidence from co-authored with a colleague from An Eleven-Country Study,” examines David Wernick, senior lecturer mutual fund holdings worldwide,” the United Kingdom, was presented China, Egypt, India, Brazil, Malaysia, Knight Ridder Center Research Fellow coauthored with a colleague from at two conferences in 2011: the 18th Mauritius, South Africa, Turkey, Marketing Australia, at the 19th Conference Annual Meeting of the Multinational France, the United Kingdom and on the Theories and Practices of Finance Society in Italy and the the United States. Finance and Real Estate Elisabeth Beristain, instructor Securities and Financial Markets in 18th Global Finance Conference Joel Barber, associate professor Tiger Li, associate professor Taiwan in December 2011. in Thailand. Dasaratha Rama and Kannan Raghunandan are working with Wen-Hsiu Chou, assistant professor FIU Business colleagues G. Ronald Sumit Kundu has two a colleague from India on projects Krishnan Dandapani, professor Gilbert and Donald Roomes collaborative projects underway: related to corporate governance and conducted research on organizational “Internationalization patterns and auditing in India. n Brice Dupoyet, associate professor, Florida performance of public, private processes of gems and jewelry SMEs International Bankers Association Professor Xiaoquan Jiang, assistant professor Refereed Premier Journal Publications John Zdanowicz, professor

S. Tallman and Aya. S. Chacar (2011). “Knowledge environments.” European Journal of Operational Research, accumulation and dissemination in MNEs: a practice-based 210(2), 344-357. framework.” Journal of Management Studies, 48(2), 278-304. J. Spencer and Carolina B. Gomez (2011). “MNEs B. C. Stahl, Monica Chiarini Tremblay, and C. LeRouge. and corruption: the impact of national institutions and Mary Ann Von Glinow (2011). “Focus groups as a method of critical social subsidiary strategy.” Strategic Management Journal, (32), co-authored M: Organizational Behavior, published by McGraw-Hill Irwin. information systems research: how the choice of method 280-300. Also, she has been appointed as one of only five scholars from around the world can promote emancipation.” European Journal of Information as a research fellow of Volvo/Geely’s Sanya Global Corporation and Culture Center. Systems, 20(4), 378-394. Sushil Gupta and Kaushik Dutta (2011). “Modeling of financial supply chain.”European Journal of Operational Kaushik Dutta and Debra VanderMeer (2011). Research, 211(1), 47-56. “Cost-based decision making in middleware virtualization

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