Olin Business Mag 2013
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FALL 2013 Veterans Join Olin Family Profiles in Confidence Bullish on America Page 4 Page 8 Page 22 OLINBUSINESS CREATE KNOWLEDGE. INSPIRE INDIVIDUALS. TRANSFORM BUSINESS. CULTIVATING people who make an IMPACT Contents 8 22 26 Follow Us facebook.com/ OlinBusinessSchool @WUSTLbusiness 28 Search “Olin Business School” youtube.com/ OlinBusinessSchool 21 olinblog.wustl.edu 6 SEEN & HEARD 21 PRAXIS 28 ALUMNI NEWS Praxis: Research that Impacts Business 8 PROFILES IN CONFIDENCE 22 BULLISH ON AMERICA 30 CLASS NOTES Praxis pullout section DOWNLOAD located on page 21. 20 FACULTY NEWS 26 COLLABORATION 41 BY THE NUMBERS Olin Business app The Charles F. Knight Executive Executive MBA Program–Shanghai Master of Science Connect Education & Conference Center +8621 5566.4788 in Finance Program with Olin 314.933.9400 or 866.933.9400 [email protected] 314.935.8546 [email protected] [email protected] Alumni & Development Executive MBA Program–St. Louis, Kansas City & Denver Master of Science in 314.935.9209 Corporate Relations St. Louis 314.935.EMBA Leadership Program [email protected] 314.935.8541 Kansas City 303.820.EMBA 800.925.5730 [email protected] Denver 816.832.4025 [email protected] Brookings Executive Education [email protected] Doctoral Programs 800.925.5730 Master of Science in Supply [email protected] 314.935.6340 Full-Time MBA Program Chain Management Program [email protected] & Professional (Evening) 314.935.8546 MBA Program BSBA Admissions [email protected] Executive Education Seminars, 314.935.6000 314.935.7301 Corporate Programs & Certificate [email protected] [email protected] Programs for Professionals Weston Career Center 314.935.9494 314.935.5950 Center for Experiential Learning Master of Accounting Program [email protected] [email protected] 314.935.4512 314.935.8546 [email protected] [email protected] OLIN BUSINESS SCHOOL | FALL 2013 FALL 2013 OLINBUSINESS Email [email protected] Website olin.wustl.edu Letters OlinBusiness Washington University in St. Louis Campus Box 1162 One Brookings Drive St. Louis, MO 63130-4899 Cultivating Impact and alumni are playing many roles in area startups, too, from founding Vol. 16, Fall 2013 From my office window in Simon to advising and investing. Together, OlinBusiness magazine is published annually Hall, I have a spectacular view of the we are cultivating fertile resources by Olin Business School, Washington University Danforth Campus and a front-row that, in the view of many, including in St. Louis. Unless otherwise noted, all articles seat for the daily progress on the Jack Dorsey, cofounder of Twitter may be reprinted without permission with construction of Olin’s new Knight Hall and Square, could lead to a business appropriate credit to OlinBusiness magazine. and Bauer Hall. The buildings have renaissance in St. Louis with risen from a deep hole in the ground global impact. Dean to take their place among the revered Mahendra Gupta and rose-colored granite halls of Olin has been cultivating leaders Washington University. who impact business for nearly a Associate Dean and Director of Marketing century. But the print version of and Communications More than 800 workers have toiled OlinBusiness can highlight only a few of Paula Crews, BSBA ‘90 on this project since we broke ground our accomplished alumni, faculty, and in May 2012. Skilled craftsmen have students in each issue. There is more. Editor laid the foundation, fitted steel, and Melody Walker installed pipes, cables, and glass I invite you to stay connected to your to transform the architects’ plans Olin network all year long by reading Managing Editor from paper to bricks and mortar. our new blog at olinblog.wustl.edu, Judy Milanovits These innovative new buildings will where you’ll find news about events on campus, alumni, gatherings far Class Notes Editor provide flexible spaces for our entire and wide, new faculty research, and Teresa Melton community—alumni, students, faculty, corporate friends, and family—to candid reports from students who are studying abroad, starting a business, Staff congregate, collaborate, communicate, or chronicling an internship. We also Leah Costantino, AB ‘97 and celebrate. have a lively presence on Twitter, Sarah Gibbs Facebook, and LinkedIn. Alicia Haith Please mark your calendar for Lexie Walther O’Brien, MBA ‘90 the dedication ceremony and a No matter where your career takes Neil Schoenherr symposium in honor of Knight Hall you, Olin is only a click away. I look Gloria Stukenbroeker and Bauer Hall, May 2–3, 2014. forward to seeing you online or in Adrienne Wartts, MA ‘07 The burgeoning startup scene in person in the coming year. Gabe Watson St. Louis has been attracting national Katie Roth Wools media attention, and Olin is involved Art Direction on many levels. From students who Jager Boston are launching their own businesses to our new CELect course, where students work on consulting projects with entrepreneurs, there are multiple Mahendra Gupta opportunities for collaboration. Faculty Dean and Geraldine J. and Robert L. Virgil Professor of Accounting and Management [email protected] CREATE KNOWLEDGE. INSPIRE INDIVIDUALS. TRANSFORM BUSINESS. 1 2 OLIN BUSINESS SCHOOL | FALL 2013 EXPANSION PROJECT NEARS COMPLETION Olin’s new 175,000-square-foot facility, including Knight A dedication ceremony and symposium are Hall and Bauer Hall, is scheduled to be complete and planned for May 2–3, 2014. ready for occupancy in the first quarter of 2014. The new buildings, providing much-needed additional classroom, office, and community spaces, will nearly double the To see more photos business school’s footprint on the Danforth Campus. and videos of the The $90 million project is centered on a three-story construction progress, glass Atrium, pictured here. Natural light will flow visit BuildOlin.wustl.edu from the Atrium through all five stories of the building, including the Forum, an amphitheater space for lectures and events. Photo by Frank Freeman CREATE KNOWLEDGE. INSPIRE INDIVIDUALS. TRANSFORM BUSINESS. 3 NEWS Olin Opens Doors to Veterans By David Sheets Charlie Felker The current OVA president, Ryan Jack Senneff, MBA ’08, a veteran shed his Maher, MBA ’14, a former Marine Corps and director at Thompson Street fatigues three captain who also served in Afghanistan, Capital Partners who also visits with days before explained that the group takes multiple students, echoes that sentiment. “A starting his approaches to outreach. Among them: veteran who has earned an Olin MBA studies at Olin. is uniquely positioned to create value • Employer site visits and “power for a business.” The Army lunches,” where veteran alumni captain who host students at their workplaces, But Felker believes extending OVA’s served four highlight job opportunities, outreach to include veterans’ families tours in Afghanistan received a warm and educate students on their was a crowning achievement. welcome before tackling full-time MBA companies and industries. Felker also served at Fort Benning, studies. But later in his first year, he • A veteran mentor program that GA, and Fort Bragg, NC. He says encountered two former West Point matches students with alumni veterans’ families can have a tough classmates also attending Washington who can offer professional as well time adjusting to cities after living University, and he realized something as academic guidance and support. in a close-knit military community. about that welcome was missing. • P romotion of Olin Business “So, we adopt families, sponsor families, “I should’ve known they were here,” School’s full partnership in the and they come to St. Louis and have Felker said. “And they were walking Yellow Ribbon Program. Along with a family they can partner with, go to around with an Olin classmate of the Department of Veterans Affairs, baseball games with, have barbecues mine who they knew, too.” Olin will jointly cover all tuition with, share notes on good schools,” So, Felker, MBA ’13, committed costs for veteran candidates who Felker said. “So before they even move himself to improving outreach for are admitted to Olin and eligible to St. Louis, they have a family to other veterans at Olin through the for the Yellow Ribbon Program. connect with and show them the ropes.” Olin Veterans Association (OVA), a The group also offers pre-MBA student group that helps ease veterans’ internships with St. Louis-area transitions back to civilian life. companies that provide veterans with The association’s efforts have grown to exposure to the business world before include outreach for veterans’ families. starting classes. “A veteran who shows up at Wash U Vic Richey, EMBA ’95, a veteran already knows what it’s like to work and chairman, CEO, and president hard. But they’re interested in knowing of ESCO Technologies in St. Louis, what it’s going to be like for their is one of the employer hosts. families,” said Felker, a “The sense of common purpose and former OVA president. mutual support is exceptionally strong “And it’s hard for in the military. Trying to find that in nonveterans to their new life can be difficult,” Richey answer those Charlie Felker welcomes veterans and their families said. “Anything I can do to aid in that at a reception at Dean Gupta’s home in August. questions.” transition, I will do.” Stuart Wolfer Campus Complex, where the ROTC holds Honored by ROTC classes and training. While a student at Washington University, Stuart Wolfer, BSBA ’93, was an Army reservist Wolfer was active in student government, killed during a mortar attack in Iraq in 2008. ROTC, and Hillel, and he remained engaged as The Washington University ROTC celebrated an alumnus. Some 100 ROTC cadets approached Wolfer’s life and commitment to his Lt. Col. Jim Craig asking if they could honor country with the unveiling and Wolfer’s life of service.