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Albers Students Shine on the Hardwood Page 5 A PUBLICATION OF NEWS AND CURRENT EVENTS FROM THE ALBERS SCHOOL OF BUSINESS AND ECONOMICS SPRING 2010 Albers Students Shine on the Hardwood Page 5 Albers Joins PRME, Page 3 (Principles for Responsible Management Education) Albers Executive Speaker Series, Page 6 WHAT’S INSIDE? Albers Joins PRME ...............3 Red Winged .........................4 Leadership Award Albers Faculty .......................4 Research News ith this generation of students, business schools are finding Student Profile: ....................5 Albers Students Shine on that initiatives and projects can Wliterally be turned over to the students to the Hardwood Albers Executive ..................6 manage and organize. Whereas in the past, Speaker Series we assumed that faculty and staff were the Faculty Profile: .....................8 resources to turn to for new initiatives, Fiona Robertson today our students are ready and anxious to 2009 Donors .........................9 take on important responsibilities. The Red Winged Leadership Award is a great example Alumni Profile: ...................10 Message Brian Webster of this new trend. Under the guidance of Dr. Jennifer Marrone, a group of our graduate Alumni Events ....................11 students is organizing a very complex project to recognize ‘under the radar’ socially responsible leadership in our community. ON THE COVER: Dean’s INTERNATIONAL BUSINESS More information about the award can be MAJOR CHRIS GWETH, #15, found on page 4. SCORED 17 POINTS DURING THE Since the last issue of the Brief, we have been fortunate to see our programs ALBERS-SPONSORED SU MEN’S BASKETBALL gaME agaINST recognized by BusinessWeek. First, our Part-time MBA program was ranked 25th HaRVARD ON JaN. 2. in the nation. More recently, our undergraduate program was ranked 46th in the US, putting us in the Top 25 among private schools. These recognitions are the result of the dedicated work of our faculty and staff who are committed to the success of our students. In January, we commenced a strategic planning process that we expect to complete by May. We have a team of 30 faculty, staff, students, and supporters working hard on setting our direction for the future. We will report the results to you in the next edition of the Brief. As this edition of the Brief went to the publisher, we learned that Dr. Chris Weber, Professor of Economics, had passed away after a battle with cancer. Chris joined our faculty in 1992, and was known as an outstanding scholar and dedicated teacher. The next edition of the Brief will highlight his work at Seattle University. Thank you for your support of the students, faculty, and staff of the Albers School. As always, we welcome your suggestions and comments. Please e-mail me at [email protected]. ALBERS BRIEF Editor: Barb Hauke ([email protected]) Contributor: Marc Cohen Joe Phillips Dean: Joseph Phillips Dean A publication of the Albers School of Business Albers School of Business and Economics and Economics Seattle University 901 12th Ave., P.O. Box 222000 Seattle, WA 98122-1090 www.seattleu.edu/albers PAGE 2 I ALBERS SCHOOL OF BUSINESS AND ECONOMICS Albers Leads Albers Joins PRME ast spring, Albers joined the intention of shaping the next generation PRME initiative provides a mechanism United Nations’ new initiative of business leaders. It is the first time the to publicize this commitment. And directed at business schools — U.N. has directly engaged with academic joining is also a way to hold ourselves LPrinciples for Responsible Management institutions. There are now about 290 accountable to the aspects of the mission Education (PRME). educational institutes world-wide partici- outlined in the PRME.” The U.N. has been working with pating in PRME. The PRME do not provide a recipe. corporations for the last 10 years It is up to each participating school to WHAT THIS MeaNS TO ALbeRS through the Global Compact. The Global determine how to best implement the six Compact’s 10 principles act as a frame- Participating in the new initiative principles and to report on activities and work for corporate citizenship, an outline requires that Albers adopt the six progress regularly. for creating a more sustainable and Principles of Responsible Management Marc Cohen, Assistant Professor inclusive global community. To date, Education, listed below. of Business Ethics, attended a special 7,700 corporate participants in 130 According to the initiative director, session at the most recent Academy countries have adopted the principles. “The PRME are a call to encourage and of Management Meeting devoted to They require, among other things, facilitate large-scale progress of business implementing the PRME. Said Cohen, supporting and respecting human rights; schools towards a new approach in “I was impressed at how far along we recognizing the right to collective bargain- education that meets the new needs and are — compared to other business ing; effectively eliminating child labor; expectations of the business world and schools — in integrating ethics into and undertaking initiatives to promote the demands of a new generation of the Albers curriculum; in providing greater environmental responsibility. students with regard to sustainability and opportunities for direct engagement with Participation is voluntary, and good corporate citizenship.” the community through service learning; corporate participants are required to Of course, we already approach and in pursuing research projects in report on their progress annually. business education that way. Albers Dean the space of social and environmental In 2007 the Global Compact was Joe Phillips notes, “Those values are part responsibility.” expanded to business schools, with the of the Albers Mission. But joining the Statement of the Principles of Responsible Management Education: As institutions of higher learning involved in the PRINCIple 4, ResearCH: We will engage in conceptual and education of current and future managers we are empirical research that advances our understanding voluntarily committed to engaging in a continuous about the role, dynamics and impact of corporations process of improvement of the following Principles, in the creation of sustainable social, environmental reporting on progress to all our stakeholders and and economic value. exchanging effective practices with other academic PRINCIple 5, ParTNershIP: We will interact with managers institutions: of business corporations to extend our knowledge of PRINCIple 1, PUrpOSE: We will develop the capabilities of their challenges in meeting social and environmental students to be future generators of sustainable value responsibilities and to explore jointly effective for business and society at large and to work for an approaches to meeting these challenges. inclusive and sustainable global economy. PRINCIple 6, DIalOGUE: We will facilitate and support PRINCIple 2, ValUes : We will incorporate into our academic dialogue and debate among educators, business, activities and curricula the values of global social government, consumers, media, civil society responsibility as portrayed in international initiatives organizations and other interested groups and such as the United Nations Global Compact. stakeholders on critical issues related to global social PRINCIple 3, METHOD: We will create educational responsibility and sustainability. frameworks, materials, processes and environments We understand that our own organizational practices that enable effective learning experiences for should serve as example of the values and attitudes we responsible leadership. convey to our students. (From http://www.unprme.org/the-6-principles/index.php) ALBERS BRIEF I PAGE 3 The 2009-10 GLFC Cohort Invites You to Their First Red Winged Leadership Award Ceremony May 13, 2010 • Pigott Auditorium The 09-10 GLFC cohort (Graduate Leadership Formation Certificate) is a select group of graduate business students from Seattle University who are committed to embracing the unique intersection where leadership, business acumen, and social impact overlap. The goal of the cohort is to work together to identify individuals in the Seattle community that embody these same principles and recognize the best of these citizens. Our event aligns the values of Seattle University with those of vetted business professionals and aspiring leaders. For updates on our progress, go to http://bit.ly/Redwing. THE RED WINGED STORY: Sometimes the best leaders are the hardest to identify. They are under the radar, yet working with incredible passion and commitment. We compare these leaders to birds with red wings underneath their exterior. At first they may be hard to identify, but like birds with red wings, once you know what to look for, they are hard to miss. These are the kind of leaders the Red Winged Leadership Award will honor. Rex Toh’s (Professor of Marketing) article, Peter Brous’s (Professor of Finance) paper, with Albers alum Rob Nielsen, has been accepted “Toward a General Theory of Diary Panels,” co- “Volatility Forecasting and Liquidity: Evidence for publication in the Journal of Leadership and authored with Michael Hu (Kent State), has been from Individual Stocks,” co-authored with Ivilina Organizational Studies. Psychological Reports accepted for publication in . Popova (Texas State) and Ufuk Ince, was accepted Jot Yau’s (Professor of Finance) paper, “Business Journal of Derivatives and Jennifer Marrone’s (Assistant Professor of for publication in the Ethics Research: A Global Perspective,” co- Hedge Funds Management)
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