Carlson School of Management School University of Minnesota Fall 2008
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CarlsonA mAgAzine for Alumni And friends / Carlson School of management School university of minnesotA fAll 2008 Next Steps A look at the future of business in the 21st century Craig Dexheimer, BSB ’96, director of operations and administration, SALO Carlson School The Dean’s Corner A MAgAzine fOr ALuMni AnD friends Direct correspondence to: Alumni magazine, Office of the Dean, elcome to Carlson School magazine. In this issue, we’ve put a spotlight 321 Nineteenth Ave. S., Minneapolis, MN 55455. on the workplace of the future. Rapid changes in technology, Visit our website at carlsonschool.umn.edu. For information about Carlson School alumni programs, knowledge, and demographics are bringing transformation and contact Alumni Relations at [email protected] change to both for-profit and nonprofit firms. What will the Dawn Skelly, Executive Editor Wworkplace of the future look like? Interviews with our faculty, staff, and alumni Chris Mikko, Editor reveal answers to this question and provide a first-hand look at our faculty’s Barbara Koster Design, Design breakthrough research on this issue. The Coghlan Group, Custom Publishing Services Shaping organizations in anticipation of the future is a key task in business COntriButing writerS Alyssa Atkins, Phil Bolsta, Suzy Frisch, Frank and higher education. At the Carlson School we have a unique opportunity to Jossi, Meleah Maynard, Susan Meinz, Todd prepare students for their roles in the work world and also to encourage them to Nelson, Mary Lahr Schier, Sue Wilson be leaders who transform the nature of work and COntriButing phOtOgrApherS Gary Bistram, Sara Jorde, Andy King, organizations. While looking ahead is second Mark Luinenburg, Tim Rummelhoff nature to our faculty in their endeavors to produce CArLSOn SChOOL LeADerShip innovative world-class research, the changing Alison Davis-Blake world around us challenges me and other school Dean Michael Houston leaders to maintain a strong organizational Associate Dean, International Programs foundation that will continue to support academic Edward Joyce excellence now and into the future. I recently Associate Dean, MBA Programs Robert Ruekert engaged our faculty and staff in a school-wide Associate Dean, Undergraduate Programs strategic planning process to help us embrace a Srilata Zaheer shared vision of our own future. Associate Dean, Faculty & Research Kathryn Carlson Our strategic plan focuses our efforts on Assistant Dean, MBA Programs achieving academic excellence by concentrating Carolyn Chase on six priorities: outstanding faculty, a premier Assistant Dean, Administrative Services Anne D’Angelo King undergraduate experience, a strong MBA Assistant Dean, International Programs portfolio, exceptional international study Mark Kizilos Alison Davis-Blake programs, interdisciplinary research and teaching, Assistant Dean, Executive Education Mary Maus Kosir and a robust portfolio in Executive Education. Assistant Dean, Undergraduate Programs Through these distinctive elements, we provide the global leaders of today and Leanne Wirkkula tomorrow with access to exceptional lifelong learning opportunities at every stage Assistant Dean, Strategic & Academic Initiatives Sara Fenlason of their careers. You’ll find stories throughout this issue that highlight our progress Director, Institutional Advancement toward these strategic goals. ADviSOry BoarD LeADerShip This fall, we opened the doors to an important part of the Carlson School’s William Van Dyke, ’76 MBA Retired Chairman and CEO, Donaldson Co. Inc. future: Herbert M. Hanson, Jr. Hall. This state-of-the-art learning facility Chair, Board of Overseers is dedicated to the undergraduate degree program in business and includes Andrew Cecere, ’91 MBA technology-rich classrooms, collaborative study and gathering spaces, offices for Vice Chairman and CFO, U.S. Bancorp Vice Chair, Board of Overseers advising and career counseling, and a recruiter meeting lounge. Just as impressive Jeffrey Noddle is the revitalized undergraduate curriculum our faculty rolled out this fall. It boldly Chairman and CEO, SUPERVALU embraces the increasingly global nature of business by requiring all students to Vice Chair, Board of Overseers Bruce Beckman, ’90 BSB, ’99 MBA participate in an international experience. Both the new undergraduate facility and General Mills our new curriculum set the foundation for academic excellence. Our new program President, Alumni Advisory Board Josh Wolberg, ’03 MBA meets the needs of millennial generation students, enhances their competitive Merrill Lynch advantage, and increases their opportunities to build meaningful connections with President, Alumni Networking Council The mission of the Carlson School of Management fellow students and recruiters. is to discover transformative knowledge about I hope this issue helps you visualize the Carlson School of today and all that we the issues faced by organizations and managers in a dynamic global economy and to create are doing to ensure the value of a business degree from the University of Minnesota. exceptional learning and career opportunities by Whether you are an alum or not, I also hope it encourages you to remain engaged in facilitating an engaged and integrated community of scholars, students, and practitioners. the life of the school through our integrated community of scholars, students, and © 2008 by the Regents of the University of Minnesota. practitioners around the world. At the Carlson School of Management, we’re driving All rights reserved. Accredited by AACSB International— innovation and creating world-class connections. Join us! the Association to Advance Collegiate Schools of Business The University of Minnesota is an equal opportunity educator and employer. With warm regards, This publication is available in alternative formats upon request. This magazine is printed by Bolger Printing Inc., a Alison Davis-Blake, Dean Forest Stewardship Council-certified printer. Investors in Leadership Distinguished Chair in Organizational Behavior Contents Fall 2008 26 I Mark Kizilos 10 I Mark Schiller and Mary Maus Kosir inSiDe frOnt COver: the Dean’s Corner Carlson School feAtureS Dean Alison Davis-Blake on how the school is helping shape 18 Cover Story: tomorrow Land organizations and develop leaders for the future business world. What changes are in store for the business world of the future? 2 Special Section: herbert M. hanson, Jr. hall 22 Closing the gap With a labor shortage looming The Carlson School unveils a major addition to its landscape for U.S. companies over the next several decades, new and a host of energizing changes to its undergraduate program. Carlson School faculty research suggests solutions. 12 the Atrium Carlson School undergraduates 26 8 Questions A chat with Mark Kizilos, the Carlson pack years of learning into nine weeks, the Executive School’s new assistant dean for Executive Education. MBA program opens an entrepreneur’s eyes to the Chinese market, a study-abroad program explores 30 Special Section: hanson hall Benefactors Scandinavian corporate responsibility, and more. A look at some of the benefactors who helped make Hanson Hall a reality. 32 Class notes FRONT Cover: photograph By MARK luinenburg unDergrADuAte expAnSiOn In with the New The Carlson School unveils Herbert M. Hanson, Jr. Hall and a host of energizing changes to its undergraduate program. By Vicki Stavig With the opening of Hanson Hall and breakthrough curriculum can charge their computers in a secure location and has little nooks changes, the school has enhanced and expanded educational oppor- and crannies with small, flat-screen TVs where students can work tunities for its students. on presentations. It’s an open and collaborative workspace.” “We’ve been on a five-year commitment to improve the under- Just as important as the building’s amenities is what that addi- graduate experience at the Carlson School,” says Bob Ruekert, tional space brings to the Carlson School. “This new building will associate dean for the undergraduate programs. “We were turning allow us to serve 50 percent more undergraduate students,” Maus away some of the best and brightest students because of a limited Kosir says. “We have about 2,000 undergrads now and our final number of spaces.” target enrollment is 2,400.” The need for additional space was first addressed when alum Herb Hanson, Jr. and his wife, Bar, pledged $10 million toward CurriCulum ChangeS the construction of a new undergraduate facility. That gift, com- As the funding and plans for Hanson Hall took shape, the need for bined with an allocation of $26.6 million from the Minnesota State changes to the curriculum also became apparent. “What good is a Legislature and additional funding from corporate and individual great new building if what we’re doing inside it is not among the donors, funded the building of Hanson Hall, a 132,000-square-foot, best in the country?” Ruekert says. “That led to the second phase— four-story facility. a thoughtful review of what we were doing with curriculum.” Hanson Hall was designed by RSP Architects of Minneapolis. It The curriculum changes include the addition of a Public/ is as impressive inside as it is outside and includes nine classrooms, a Nonprofit Management major, a mandatory international experi- architects collaborative learning center, private offices for advisors and career ence component, a Contemporary Management course for fresh- y RSP B counselors, a recruiter-meeting lounge, 22 interview rooms, and a men, and an immersion core set of classes