Media Coverage: November 2003

Media Coverage is a listing of current media placements featuring Smeal College faculty, staff and students. At the end of each month, items are moved into the Archive , accessible via the link at the end of this page.

Scripps Howard News Service , 11/30/2003 -- Judy Olian , dean of the Smeal College, says in her weekly syndicated newspaper column that the workforce of the future will be too small and ill-prepared to keep up with the demands of the economy, and that the time is now for companies to prepare with forward strategies ( The Changing Faces Of The American Work Force ). The column also appeared in the Centre Daily Times and the New Haven Register (Connecticut).

The Irish Times , 11/28/2003 -- The Smeal College of Business is mentioned as one of four business schools around the globe to receive a research award from IBM to create an On-Demand Supply Chain Research Laboratory. The lab joins others at Michigan State, Arizona State, and University College Dublin ( IBM To Invest 400,000 In Research ).

Tampa Tribune , 11/25/2003 -- J. Edward Ketz , associate professor of accounting and MBA faculty director, discusses the implications of a class-action lawsuit against telecommunications equipment maker, Paradyne Networks, Inc. According to Ketz, it's just one of many securities fraud lawsuits filed in the last several years that indicate there are "real problems" in corporate America ( Paradyne Awaits Judge's Ruling On Deal Over Shareholders' Suit ).

BusinessWeek , 11/24/2003 -- Judy Olian , dean of the Smeal College, says that while job optimism is slowly returning to business schools, "the days of two or three job offers per person are not back" ( For MBAs, The Famine Is Over ).

Baltimore Business Journal , 11/24/2003 -- Tony Warren , director of the Farrell Center for Corporate Innovation and Entrepreneurship, discusses the dwindling opportunities for venture capital firms to make money. Warren says good VC firms are truly partners with companies ( What's The deal? Venture Capitalists Still Debating Exit Strategy Of Choice ).

Scripps Howard News Service , 11/21/2003 -- Judy Olian , dean of the Smeal College, says in her weekly syndicated newspaper column that the issue of employer-sponsored health care coverage has ballooned into a national crisis ( Health-Care Coverage Presents Issues ). The column also appeared in the Centre Daily Times .

The Washington Post , 11/16/2003 -- A study conducted by J. Randall Woolridge , professor of finance, evaluates the performance of stocks recommended by brokerage firms. The average firm's picks produced average annual returns of 8.7 percent, compared with 9.4 percent for the benchmark Standard & Poor's 500 index ( The Inside Scoop ).

CNET News , 11/14/2003 -- The Smeal College of Business is one of four business schools to receive a research award from IBM to create an On-Demand Supply Chain Research Laboratory. The lab will focus on studying how supply chains work, and will create simulations of the workings of a complex supply chain ( IBM To Set Up Chain Of School Labs ).

Star-Press (Indiana), 11/11/2003 -- A study conducted by J. Randall Woolridge , professor of finance, is highlighted in a business brief. Woolridge's study measured investment returns on recommended stocks from 26 leading brokerage firms over the past 10 years ( Business People: Study Ranks Returns For Brokerage Firms ).

Pittsburgh Post-Gazette , 11/11/2003 -- Fariborz Ghadar , director of the Center for Global Business Studies, comments on the steel tariffs and negotiations led by the World Trade Organization. Ghadar says that disputes involving steel are often resistant to resolution because of the importance countries place on preserving what is a basic industry with considerable political clout ( Analysis: Bush Expected To Ask For More Time To Eliminate Steel Tariffs ).

ABC Radio , 11/10/2003 -- Andrew Bergstein , instructor of marketing, comments on the new United Airlines teaser campaign to heighten public interest in a coming low-fare service from United Airlines.

Philadelphia Inquirer , 11/07/2003 -- The Smeal College of Business , is cited in a news brief announcing a $400,000 grant from the National Institute of Standards and Technology. The NIST, part of the United States Commerce Department, awarded the money for several studies on the performance of small manufacturing firms ( Penn State Awarded $400,000 To Study Small Business ).

Scripps Howard News Service , 11/07/2003 -- Judy Olian , dean of the Smeal College, says in her weekly syndicated newspaper column that creation of a positive organizational culture is one of the perennial challenges in business ( The Disconnect Between Actions And Words ). The column also appeared in the Centre Daily Times .

WPSX-TV / WPSU-FM (Central Pennsylvania), 10/07/2003 -- Judy Olian , dean of the Smeal College, hosts "About Business," a call-in show focused on conflict resolution. Barbara Gray , professor of management, joins Olian as a guest on the show along with Wendell Courtney, partner at the law firm of McQuaide Blasko, and Jim Majeski, president of Cydcor Communications.

Seattle Post-Intelligencer , 11/03/2003 -- Judy Olian , dean of the Smeal College, discusses why more women don't make it to the top of the corporate ladder in a guest column. Olian discusses how women are forced to juggle their home and corporate lives, and argues that employers should join the support team to help their employees cope with the war for time ( Women Succeed On Their Own Terms ). The column also appeared in the Centre Daily Times .

Centre Daily Times , 11/01/2003 -- Groundbreaking for the Smeal College of Business is highlighted in a news brief. Alumni and others gathered to celebrate the start of construction ( Breaking New Ground ).

BizEd , November/December 2003 -- Judy Olian , dean of the Smeal College, is mentioned in her role as chair of the Doctoral Faculty Commission of the AACSB. The commission's report, "Sustaining Scholarship in Business Schools," says the solution to the doctoral shortage in business will rely on increased levels of public and private funding. ( Doctoral Crisis Looms, Says Commission ).

BizEd , November/December 2003 -- The new book, "Hidden Financial Risk: Understanding Off-Balance Sheet Accounting," written by J. Edward Ketz , associate professor of accounting and MBA faculty director, is reviewed. To improve the credibility of accounting, Ketz's book calls for a change in culture, blaming CEOs, regulation systems and corporate governance for the recent scandals ( Bookshelf ).

BizEd , November/December 2003 -- A business brief announces that Keith J. Crocker was named the William Elliott Chair in Insurance at the Smeal College. Crocker will provide research leadership in insurance and risk management, bridging across disciplines into areas such as finance and accounting ( Headlines ).

Penn Stater , November/December 2003 -- J. Edward Ketz , associate professor of accounting and MBA faculty director, discusses his book "Hidden Financial Risk: Understanding Off-Balance Sheet Accounting," which presents a broad, yet bleak picture of accounting and auditing in the new economy. Ketz warns of more accounting scandals to come ( He Told Ya So ).

Entrepreneur , November 2003 -- Tony Warren , director of the Farrell Center for Corporate Innovation and Entrepreneurship, discusses the ways to raise money from a venture capitalist who doubles as a business partner and potential customer: hook a corporate investor by finding the corporation's vulnerabilities or find the person who has been vocal in the press. Warren also stresses that corporate venture money is not right for everyone ( The Big Guns ).

SmartPros , November 2003 -- J. Edward Ketz , associate professor of accounting and MBA faculty director, discusses recent unethical practices of corporate executives in his regular column, "The Accounting Cycle. Ketz's solution: the "so-called golden rule" ( Do We Want To Be Ethical? ).

REPORTERS & EDITORS: For more information, please contact Wyatt DuBois in the Smeal College of Business Media Relations Office at 814-863-3798 or wed112@psu.edu .

Penn State's Smeal College of Business offers highly ranked undergraduate, MBA, executive MBA, Ph.D., and executive education opportunities to more than 5,500 students at all levels. Featuring academic departments of accounting, finance, marketing, insurance and real estate, management, and supply chain and information systems, the college is also home to major research centers such as the Center for Supply Chain Research, the Institute for the Study of Business Markets, the eBusiness Research Center, the Farrell Center for Corporate Innovation and Entrepreneurship, the Center for Global Business Studies, and the Center for the Management of Technological and Organizational Change.

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