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Enterprise-Winter-2019.Pdf Cornell EnterpriseWINTER 2019 JOHNSON AT CORNELL UNIVERSITY HARNESSING AR TECHNOLOGY FOR SMART FACTORIES Roy Ashok, MBA ’09 CEO of Daqri Meet Kevin F. Hallock, Supply Chain A New Mission: M&As Are Up, Dean of the Cornell Disruption: A Veterans with MBAs IPOs Are Down. SC Johnson College Survival Guide Share Leadership What’s the of Business Lessons Story? REGISTER NOW at ESHIP.CORNELL.EDU/ENTREPRENEURSHIP-AT-CORNELL-CELEBRATIONREGISTER NOW ESHIP.CORNELL.EDU/ENTREPRENEURSHIP-AT-CORNELL-CELEBRATION APRIL 11–12 ,2019 Join more than 700 alumni, ITH SITY, ACA students, faculty, and staff CornellR , N E Y for two days of on-campus IV , N A University,U Ithica,P events including: R L I • Symposia on a wide range of L L E 1 topics including mentorship NY,N April 11-12, 1 - R 1 2 success; sustainable O C 2019 social enterprise, health 2019 administration, etc. • Shark Tank ENTREPRENEURSHIP AT CORNELL • eLab Demo Day www.eship.cornell.edu/ACTIVITIES/CELEBRATION/2012 • Recognition of Cornell Entrepreneur of the Year • Entrepreneurship CELEBRATION Resource Expo A TWO-DAY CONFERENCE • Student Business of the Year Announced VISIT WWW.ESHIP.CORNELL.EDU/ENTREPRENEURSHIP-AT-CORNELL-CELEBRATION TO REGISTER AND LEARN MORE! • Business Idea Competition Finals • Networking opportunities… and much more! Twitter: Instagram: Facebook: @ESHIPatCORNELL #Eship19 @CornellNetwork #Eship19 Facebook.com/Entrepreneurship.Cornell Past Celebrations Photography University Cornell Photos: Entrepreneurship at Cornell Underwriting Sponsor In partnership with www.eship.cornell.edu FROM THE DEAN REGISTER NOW BUILDING ON NEW ESHIP.CORNELL.EDU/ENTREPRENEURSHIP-AT-CORNELL-CELEBRATION OPPORTUNITIES Now more than ever, we live in a world of continuous change. APRIL 11–12, 2019 Revised trade agreements, tariff wars, unpredictable and severe weather events, ever-evolving technologies — these are among the many changing conditions that require today’s businesses and Join more than 700 alumni, ITH business leaders to be resilient and agile. We explore this theme in SITY, ACA students, faculty, and staff R , N several stories in this issue of Enterprise. E Y for two days of on-campus IV , N A As the way the world conducts business changes, we at Johnson U P events including: R embrace change by continually evaluating and reinventing our L I • Symposia on a wide range of L L E programs so that our students gain the best possible skills and 1 topics including mentorship N 1 - experiences to prepare them to thrive as agile, resilient leaders who R 1 2 success; sustainable O are ready to navigate the challenges they will inevitably encounter. C 2019 social enterprise, health I’m delighted to tell you about two big recent changes that I administration, etc. know will strengthen our school: the choice of Kevin Hallock as the Leadership, offered in partnership with Weill Cornell Graduate • Shark Tank ENTREPRENEURSHIP AT CORNELL next dean of the Cornell SC Johnson College of Business, and the School of Medical Sciences, to the Tata Innovation Center on the • eLab Demo Day www.eship.cornell.edu/ACTIVITIES/CELEBRATION/2012 • Recognition of Cornell relocation of our Cornell Executive MBA Metro NY program to Cornell Tech campus. This summer, we will move our Cornell Entrepreneur of the Year the Tata Innovation Center on the Cornell Tech campus in Executive MBA Metro NY program, located in Palisades, N.Y., for • Entrepreneurship CELEBRATION New York City. 20 years, to the same location. I am tremendously excited about this Resource Expo A TWO-DAY CONFERENCE I’m incredibly enthusiastic about Kevin leading our college. I next step for our Executive MBA programming in New York City. • Student Business of the Year served on the dean’s search committee from day one and joined with When you make a change, you want to make sure it’s change Announced VISIT WWW.ESHIP.CORNELL.EDU/ENTREPRENEURSHIP-AT-CORNELL-CELEBRATION my colleagues on the committee to endorse his selection. He is a for the better: Keep what has been successful, but also build on new TO REGISTER AND LEARN MORE! • Business Idea distinguished educator and scholar in labor economics, with a focus opportunities. We’ve prided ourselves for a long time that the Cornell Competition Finals on compensation and governance that meshes well with work done Executive MBA Metro NY program has a really strong, tight cohort. • Networking opportunities… by many faculty in the college. In fact, Kevin began his career in the We’re fi ercely proud of this rich tradition, and we are confi dent that Instagram: Facebook: and much more! Twitter: College of Commerce and Business Administration (now the Gies we will not only retain but strengthen its strong sense of community @ESHIPatCORNELL #Eship19 @CornellNetwork #Eship19 Facebook.com/Entrepreneurship.Cornell College of Business) at the University of Illinois, Urbana-Champaign, by moving it to the Tata Innovation Center — a world-class Cornell Past Celebrations and he knows business schools well. He has been focused on facility that offers ready opportunities to interact with faculty, staff, professional education throughout his career and has the insights and other MBA students as well as exceptional access to visiting regarding both teaching and scholarship that you need as a top speakers and the New York City business community. business school dean. With this move, we have an impressive concentration of programs Another striking thing about Kevin is that he embodies a at the Tata Innovation Center, including the Executive MBA Metro remarkable combination of being both an insider and an outsider. NY and Healthcare Leadership programs, our Johnson Cornell Tech On the one hand, as the former dean of ILR, he knows Cornell MBA program, intensives in fi ntech and digital marketing that can be inside-out and has proven that he can be a very effective dean within taken by Ithaca-based students during spring semester, and various our great but complex university. And yet, he didn’t come out of custom executive education programs offered to executives in major any of the three schools that constitute our college, so he brings a corporations and other institutions. Having our New York City-based fresh perspective. programming centralized at this location also will pay dividends for On top of all that, Kevin has a great attitude, and he works really our alumni community, because we can offer a concentration of hard to address the most important issues impacting the future of our activities and events such as we’ve never had before. Stay tuned for Underwriting Sponsor college. I know you’ll enjoy learning more about him in the Q&A opportunities to get engaged and to enjoy our progress! In partnership with beginning on p. 16. That’s one great change. Here’s another. Some of you may know that last year we moved our Executive MBA/MS in Healthcare Mark W. Nelson Anne and Elmer Lindseth Dean www.eship.cornell.edu www.johnson.cornell.edu 1 CORNELL CORNELL Enterprise Cornell Enterprise online www.johnson.cornell.edu/enterprise WINTER 2019 VOL. 33, NO. 1 MEET KEVIN F. HALLOCK, DEAN OF THE CORNELL SC JOHNSON COLLEGE OF BUSINESS In this Q&A, Dean Hallock speaks about what motivates him as a leader, people who have infl uenced him, his research, baseball, and more. 16 22 M&As ARE UP, IPOs ARE DOWN. WHAT’S THE STORY? As public equity markets lose players, private equity grows, and mergers and acquisitions reach historic levels, the economy struggles to adapt. [ By Jeffrey Gangemi, MBA ’09 ] PROFILE IN LEADERSHIP: ROY ASHOK, MBA ’09, CEO OF DAQRI Harnessing AR Technology for Smart Factories [ By Karen Gross ] 28 2 cornell enterprise • winter 2019 SUPPLY CHAIN DISRUPTION: A SURVIVAL GUIDE With everything from trade disputes to climate change ready to disrupt the fl ow of goods, companies need risk mitigation plans to cover a broad range of scenarios. [ By Merrill Douglas ] 32 A NEW MISSION They’ve led squads of marines and platoons of soldiers. Now, these Johnson alumni are 37 leaders at multimillion dollar companies. [ By Adrienne Frank ] DEPARTMENTS From the Dean 1 Startup Snapshots 11 Building On New Opportunities INTO THE GREEN RUSH Pelin Wood Thorogood ’90, MEng ’91, MBA ’94: Newsmakers 5 Mana Artisan Botanics and Wholistic Research and A sugar-coated plan won’t save Sears Education Foundation Optimizing tech-enabled businesses BIG DATA, BIG OUTCOMES FOR NEW MEDICINES Getting MBAs tech-ready Gen Li, MBA ’96: Phesi Google with Chinese characteristics STREAMING IS BELIEVING Johnson’s integrated diversity and allyship Elaine Lu, MBA ’11: Visbit TURNING SERVICE INTO SKILL SETS Bookshelf 6 Anthony Garcia, MBA ’09: Purepost What Happens Now? — a new book co-authored by John Hillen, MBA ’04, examines common leadership stalls and how to Alumni News 42 overcome them Alumni Awards Alumni Diversity Awards Dinner Thought Leadership at Johnson 7 Marques Zak, MBA ’10, Wilbur Parker Distinguished Glen Dowell: Getting to Green Alumni Awardee Vithala Rao: Think Alike? Swipe Right. William Restrepo ’80, MBA ’85, Carlos R. Quintanilla Angus Hildreth: When Loyalty Trumps Honesty Distinguished Latino Alumni Awardee Lindsay Barnes, MBA ’20, John R. Clark Sr., MBA ’72 Professional Scholarship Awardee Johnson’s Parker Center for Investment Research Celebrates 20 Years Alumni Profi les Take it from a VP: Learning never ends. Tom Strobel ’96, MBA ’05 A Hotelier’s Perspective: The Little Things Matter .Lani Shufelt, MBA ’12 Class Notes www.johnson.cornell.edu 3 TO THE EDITOR THE NEVER-ENDING CORNELL CONNECTION [ by Richard A. Marin ] WINTER 2019 VOL. 33, NO. 1 Cornell Enterprise is published twice a year by I write this having just read your summer the Samuel Curtis Johnson Graduate School of Management at Cornell University. 2018 magazine, based on the thought that my Anne and Elmer Lindseth Dean Cornell ecosystem just keeps on evolving.
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